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Shanklin100's Latest Comments

lt Reading this ES's journalist's tweets about the AGM would be more helpful. Cheers, Martin

PLUS have refuted the ridiculous claims about their accounts being inaccurate in any way. No surprise there. Also postponed their pay rises, which is clearly sensible. I would still like to see an explanation for: - how they got themselves in the current mess, how long this problem has existed and how long at least one of the directors has known about this; having inadequate…

Interesting that there is apparently no material downside to failing to comply, on a massive scale, with AML regulations. Is this really the environment the UK provides? Would have thought regulators would want to impose a massive fine and sanctions on the business not rollover and essentially support criminal behaviour. How did PLUS ever think this behaviour was acceptable? Clearly if there is no significant…

Jane As a shareholder until yesterday, it seems to me that most/all of the accusations made against PLUS were considerably wide of the mark. This was true even of the report that PLUS was suffering delays in on-boarding (horrible term) new customers, which sounded like they were winning more new business than they could cope with... ...which seemed to me like a relatively good problem…

Hi lightningtiger Surely the recent RNSes highlight that PLUS's procedures, at least in the UK, have been unacceptably poor, i.e very far from stringent? Back-office operations are not rocket science and this is certainly true in terms of vetting new clients. PLUS may well now be very cheap but I have to view them as uninvestable for me, as IMHO management view providing timely, complete…

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