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02 Jan 19
19:22
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Date Joined:
16 Sep 00
IMO this is a turning point, and will act as the catalyst that ends Brexit. There's nothing like a good scandal to open people's eyes.
The contracts to the French & Danish firms were clearly legitimate, and a service - if needed - is expected to be delivered. Even though it won't really help, due to customs being a major problem still.
There is no way that is the case with Seaborne.
It's pretty clear that this company was set up purely for a huge party donor's brother and his cohorts to receive a massive bung, and to placate the JCB family who are hard right, frothing Brexiteers.
Obviously, this is absolutely scandalous.
The contracts to the French & Danish firms were clearly legitimate, and a service - if needed - is expected to be delivered. Even though it won't really help, due to customs being a major problem still.
There is no way that is the case with Seaborne.
It's pretty clear that this company was set up purely for a huge party donor's brother and his cohorts to receive a massive bung, and to placate the JCB family who are hard right, frothing Brexiteers.
Obviously, this is absolutely scandalous.
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IMO odds for "UK to leave the EU by the 29/03/2019? (No)" are about to collapse in the next few days.
From there, odds for all the other markets reliant on the possibility of Brexit taking place will collapse.
Don't say you weren't warned. This is likely the watershed.
From there, odds for all the other markets reliant on the possibility of Brexit taking place will collapse.
Don't say you weren't warned. This is likely the watershed.
Wrong thread. There is a betting thread on the brexit price under the heading "christmas gift".
Nope, this is specifically about this scandal's effect on the likelihood of Brexit happening - and its effect on relevant markets.
Well, it's about betting on the brexit date/outcome and it's effect on betting markets. There is already a thread for this as I mentioned in my earlier post.
This is only the beginning of the scandal.
The mainstream media are drip feeding it. Very few news outlets have reported the Bamford connection yet.
The mainstream media are drip feeding it. Very few news outlets have reported the Bamford connection yet.
i posted this elsewhere, you may be interested squatting tiger -
i read a report that said of seaborne's seven current directors only two appear to have any active shipping links and that with a company that is only four years old and specialises in the oil and gas industry. they have equity of less than half a million pounds.
previously seaborne made several announcements about starting up a new cross-channel freight service from ostend to ramsgate (starting in march 2018 using three ships with six departures a day) and failed to deliver each time. having said they would have three ships (chartered) they could only name one, repeatedly claiming they would use a ship that ended up chartered in the canaries and so is unavailable for use elsewhere.
so we have a company with no history in the sector, that has failed several times to deliver and can only name one ship it may use and that is currently unavailable. amazingly grayling claims to have done due diligence on seaborne.
mr grayling is certainly bringing his 'expertise' from the rail sector to the shipping industry and there is no better man to oversee contingency planning in the uk in case of a dramatic reduction in capacity at dover Scared.
i think the alleged link to the bamford family is incorrect, the chap in question is of a different age to the jcb bamford.
the real story (only reported by the ft) is that government analysis suggests that in the event of no deal dover and the channel tunnel may be reduced to running at 12-25% of their capacity so even if seaborne are able to meet their contract the amount of capacity they will provide is tiny compared to the government's estimate of what may be needed.
i read a report that said of seaborne's seven current directors only two appear to have any active shipping links and that with a company that is only four years old and specialises in the oil and gas industry. they have equity of less than half a million pounds.
previously seaborne made several announcements about starting up a new cross-channel freight service from ostend to ramsgate (starting in march 2018 using three ships with six departures a day) and failed to deliver each time. having said they would have three ships (chartered) they could only name one, repeatedly claiming they would use a ship that ended up chartered in the canaries and so is unavailable for use elsewhere.
so we have a company with no history in the sector, that has failed several times to deliver and can only name one ship it may use and that is currently unavailable. amazingly grayling claims to have done due diligence on seaborne.
mr grayling is certainly bringing his 'expertise' from the rail sector to the shipping industry and there is no better man to oversee contingency planning in the uk in case of a dramatic reduction in capacity at dover Scared.
i think the alleged link to the bamford family is incorrect, the chap in question is of a different age to the jcb bamford.
the real story (only reported by the ft) is that government analysis suggests that in the event of no deal dover and the channel tunnel may be reduced to running at 12-25% of their capacity so even if seaborne are able to meet their contract the amount of capacity they will provide is tiny compared to the government's estimate of what may be needed.
i think the alleged link to the bamford family is incorrect, the chap in question is of a different age to the jcb bamford.
They are brothers.
They are brothers.
I’ve been told he’s the wrong age to be the brother but I am unsure. Do you have a source?
https://uk.reuters.com/article/uk-britain-politics-jcb-specialreport/special-report-top-uk-industrialist-channelled-millions-through-obscure-company-idUKKBN0ML0Z820
Limited companies, even if family-owned like JCB group, are required to disclose the total remuneration paid to their directors. Independent unlimited companies do not have to do so.
However, Bamford’s brother Mark, a director of JCB Research until 2011, voluntarily opened a window into the company when he brought a legal action in 2010. He disputed ownership of the company and how JCB Research had distributed millions of pounds to directors.
Limited companies, even if family-owned like JCB group, are required to disclose the total remuneration paid to their directors. Independent unlimited companies do not have to do so.
However, Bamford’s brother Mark, a director of JCB Research until 2011, voluntarily opened a window into the company when he brought a legal action in 2010. He disputed ownership of the company and how JCB Research had distributed millions of pounds to directors.
thanks but its coming up as page not found.
i've just seen a group of local residents formed an action committee to look into seabourne after their repeated failure to get a service up and running, a credit check suggested seabourne should be given no more than £500 of credit and a contract worth no more than £1000.
i've just seen a group of local residents formed an action committee to look into seabourne after their repeated failure to get a service up and running, a credit check suggested seabourne should be given no more than £500 of credit and a contract worth no more than £1000.
Oh yes I see, sorry jolly.
Odd.
Um.
Copy and paste the extract I included into a search engine and it will be the first result.
Odd.
Um.
Copy and paste the extract I included into a search engine and it will be the first result.
Jan 3, 2019 -- 7:17AM, jollyswagman wrote:
thanks but its coming up as page not found.i've just seen a group of local residents formed an action committee to look into seabourne after their repeated failure to get a service up and running, a credit check suggested seabourne should be given no more than £500 of credit and a contract worth no more than £1000.
All sounds totally legit for a multi million government contract. Can’t discern what all these lefties are complaining about.
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