Napoleon observed that no one should fight the same enemy too many times, as eventually their superior ways and techniques will become redundant as the inferior foe will eventually hit on a strategy which works.
Dundee United did reasonably well in their two games against Celtic in the last 9 days, despite playing a considerable part of both games with a man disadvantage. They will arrive at Celtic Park tomorrow night having learned a few lessons, and hooping to compete with a full complement of players.
The danger for Celtic lies in what happened against St Johnstone at Celtic Park earlier this month. The Perth team have won only two of their nine games since 17 January but they knew what to expect from Celtic, who were marginally off-pace, enough so to leave the field without points. Another marginally off-pace performance tomorrow night and talk of trebles will evaporate in an instant.
If we’re vulnerable at any point between now and the end of the season, it’s this midweek.
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Turkeybhoy & hen1rik
Seen this link on twitter last night
————————–
Should investors worry about companies that delist from the London Alternative Market (AIM)?
December 3, 2013 by Meziane Lasfer | 2 Comments
Companies that list on the AIM are usually small, young and high growth. The main advantage of AIM is its relatively low regulation and the ability of firms to get quotation when they have less than three years of age. However, in recent years a large number of these firms delist. Some of them do so to “move up the ladder”, i.e., to join the Main market, others delist through takeovers, breach of regulation (usually loss of NOMADs), while others do so at the request of the company. There are contrasting differences across these forms. In particular, firms that transfer to the main market are usually very good: they have high profitability, high growth and generate significant positive excess returns before and on the announcement dates. The worst are firms that delist voluntarily, i.e., “at the request of the company”. These, together with those that breach the regulation, generate significant negative stock returns, thus they destroy value. Thus, while, for the first sample the delisting is good and measures the success of AIM, the remaining last two forms signal the failure of AIM and the shareholders should worry about them.
The reasons underlying the delisting are also different. Companies that move to the Main market do so because they succeeded in AIM, they have reached the three years trading statements required by the Main market, and they have very high growth they can finance only by moving to the Main market. In contrast, firms that delist voluntarily tend to have strong difficulties in raising equity capital. Their leverage is already high when they joined the market at the IPO date. It carried on increasing during their public life. This suggests that firms delist voluntarily when the costs are higher than the benefits. Specifically, they delist when AIM does not cater for their financing needs. This again indicates that AIM is not always successful in allowing firms to raise capital and to prosper.
There is the issue of timing. Companies that transfer to the main market seem to do so about three years after their IPO, suggesting that they do when satisfy the age requirement of the Main market. In contrast, voluntary delisting occurs at much later date, when the firm had no hope of raising equity capital to rebalance its balance sheet.
More fundamentally is that managerial ownership carries on being significant after the IPO. This suggests that managers may have less confidence in staying for long in the market. This could imply that voluntary delisting may have been pre-empted at the IPO date, meaning that some managers may have brought their companies to the market at relatively a high price, left them drift down through time, and then take them private at a lower price. The main losers are the shareholders who trusted these firms and ended up either selling their shares at a loss or alternatively keep their holding in what would become an illiquid security as the only alternative will be to sell to the management.
Ps Turkeybhoy did you see the post I left for you with Lennybhoys Email
RD at press conference “I’m not into surprising opponents. I want them to fear us because they know what is coming.”
Ps
This is the 3rd week in March ,the week when the outgoing sevco directors and Mash men were asking where the money would come for .
Leftclicktic, I would also point out that payroll day at hun-central (last Thursday in the month) falls quite early this month, 26th March.
Which is nice.
HH
Paul67 et al
Happy St Patrick’s Day!
A Dumbarton Bhoy done good.
Sitting in front of a turf fire, sipping a Drambuie, the Quiet Man about to start on RTE.
If Carlsberg……….
#squiredanaher.
!!bada bing!!
If that would only fit on a tee shirt !
Very fine words from our Ronny
pigalle, RD’s wonderful mission statement would fit on some of my mates’ t-shirts. No problem!!
xxxxxlcsc
!!Bada Bing!!
14:04 on
17 March, 2015
Is the bomber animal not breaching parole rules? Have Sevco been charged re the UVF banner?…
Two relevant questions dont hold your breath for an answer to either by the msm
HH
Rowley Birkin
As others have said, don’t pay (or even respond). Only local councils have statutory powers to levy fines and this will be private ground.
HH
!!bada bing!!
15:05 on 17 March, 2015
RD at press conference “I’m not into surprising opponents. I want them to fear us because they know what is coming.”
=========================================
I’m beginning to love our manager!
Get the t shirts printed….
HH
I am on the home cup ticket scheme,i have not recieved a tkt for the replay against dundee utd .phoned the tkt office told them about not having tkt posted out,girl said i can use my teamcard at the turnstile ,is that right.
dena29-rules always made to be broken b6 Sevco,as a bhoy posted earlier,Murray is temp Chairman,he’s barred for 5 years? HH
*by
Big Sean and Wee Mary Kate
timbhoy2
Yip
bournesouprecipe
14:09 on
17 March, 2015
Burnley78
Notwithstanding the fact that the club are only opening half the stadium, 30,000 will be a very respectable turnout from the Celtic support a few days after paying up to max out the national stadium.
Don’t see much evidence of ‘can’t be bothered’? though there might be some that a fed up with the sight of DU again.
It’s very expensive being a Celtic fan what with Cup finals Euro Trips etc etc
:-)))
Some of the bhoys from our club by Sunday will have travelled Three times in eight days at a conservative £130 per trip it certainly is an expensive but rewarding choice.
Trips have to be chosen and I pick a trip to Paradise over Hamdump every time……roll on Saturday
HH.
timbhoy2
15:46 on 17 March, 2015
I am on the home cup ticket scheme,i have not recieved a tkt for the replay against dundee utd .phoned the tkt office told them about not having tkt posted out,girl said i can use my teamcard at the turnstile ,is that right.
::::::::
Yes
Rowley Birkin
I got one for parking across two bays in a Sainsbury Car Park. Company sent picture with demand. I called them and told them wouldn’t be paying. They sent official looking letters from ‘Solicitors’ which were complete B******s. Ended up guy calling me a few times then gave up.
Rowley Birkin QC 13.31
I got one last October.
They send me threatening letters etc,
The latest arrived last Friday morning telling me that CCJ could affect my future credit rating.
One of my very best friends is a solicitor he has consistently told me to bin them.
I have been doing so.
He says they are impotent,and not to be fooled.
As it stands they are quite intimidating but I have every faith my pals advice is correct.
I won’t be folding to their intimidation .
Don’t pay it if it is from a private company.
TT
Adi Dasler
Have you got someone hacking my iPad.
(:-)
TT
TT
You owe me £60.00 for the advice I typed on your Ipad :). Virtual demand letter sent.
“I got one for parking across two bays in a Sainsbury Car Park.”
Hanging is too good for your sort.
Grrrrrrrr csc
!!Bada Bing!! /Justafan
RD at press conference “I’m not into surprising opponents. I want them to fear us because they know what is coming.”
++++++++++++++++++++++++++++++++++++
I admire the gallus nature of that statement….
however …
I hope that Ronny IS preparing a surprise , and that the above statement is a smoke screen.
A lesson from history ( from a strategist who would have outfoxed Napoleon)
I remember reading one of the Lions giving an account of Jock Stein in the dressing room at half-time.
We were winning handsomely and the players were expecting to be sent out with the simple instruction
“more of the same lads”
wrong….
Jock Stein proceeded to change the entire plan from what had been given before the game started
Different assignments to the mid field and the forwards, switching wings , overlapping etc
when someone plucked up the courage to ask ( probably very timidly ) why we were changing a plan that had been so successful in the first half …
( you can just hear the voice of the great man booming round the room )
“BECAUSE THEIR MANAGER , IS IN THERE (points to the visitors dressing room)
GIVING A SET OF INSTRUCTIONS TO HIS PLAYERS
ABOUT HOW TO COPE WITH WHAT WE WERE DOING IN THE FIRST HALF
WELL THIS HALF , WE’RE NOT GOING TO BE DOING WHAT WE DID IN THE FIRST HALF !!
We went out an scored a further three goals.
The Onlooker
In common with a few others, this is also my sister’s birthday. So Happy Birthday Patricia, I don’t know if my dad was more delighted that it was a girl or that she was born on St Patrick’s day. Enjoy your day Sis.
LEFTCLICKTIC,
Got your message.Many thanks.Will contact Lennybhoy and HT,at the start of May.
#HappyStPatrickDay with best wishes from the #E43 crew! From space you can see the “Emerald Isle” is very green! pic.twitter.com/cMdhCd0zCb
!!Bada Bing!!
15:47 on
17 March, 2015
dena29-rules always made to be broken b6 Sevco,as a bhoy posted earlier,Murray is temp Chairman,he’s barred for 5 years? HH
As you say rules continuously broken by “them” I hope we dont have to play them competitively or otherwise ever again………people seem to relish playing and beating them ….me …..I just want them to be no more ……..
HH
Geordie Munro
15:55 on 17 March, 2015
Aye and too many idiots that open doors onto your Car
https://twitter.com/AstroTerry/status/577825576427225088/photo/1
dena29
I nearly never gave Hamdump the money either, and I can walk home in 10 minutes.
But trebles chasing is expensive
Hail Hail
celtic bhoy
Hoopy Birthday to Patricia
HH
“Aye and too many idiots that open doors onto your Car”
Adi,
:))
HOOOOOOOOOOOOOOOOOOOOOOPY Bitrhday
to Celtic bhoys sister Patricia
Till tomorrow all
dena29
15:43 on
17 March, 2015
!!Bada Bing!!
14:04 on
17 March, 2015
Is the bomber animal not breaching parole rules? Have Sevco been charged re the UVF banner?…
Two relevant questions dont hold your breath for an answer to either by the msm
HH
Seems,according to Hun Media,that it was all a jolly jape,to discredit the DR.He set them up with false info.You know,to show how much they hate the Huns.Aye right.
Quite a few giving him pelters.
BSR,
I ‘d almost forgotten how good this film is.
The dialogue is brilliant .
I first saw it in St.Augustine, Milton, school hall and formed a life long crush on Maureen O’Hara.
The usual two suspects will be at Wednesday and Saturday games accompanied by 3 others. Only problem Satuday seats in upper level .Last time I was we exchanged seats with ACGR as his Bhoy wanted beside Green Brigade. Not recommended after more than 3 pints max!!!
Just back from a St Patricks granparents day at my youngest granson school, St Pats primary Denny. What a joy to see their happy smiling faces as they belted out some old Irish and a couple of Sottish favourites. The futures bright the futures in safe hand. God Bless Saint Patrick and a happy one to one and all.