Purple Capital

Just read latest Noseweek.Interesting story about PC.
I am all wary of companies who make money,lots of it without manufacturing or
any stock etc

They are a registered financial service provider and have some very shrewd people on their board,(tu)

If you read the article they or more that shrewd More like not so honest

Titch Wrote:

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> They are a registered financial service provider
> and have some very shrewd people on their
> board,(tu)


I haven't read the article yet so can't comment on PC,but your point is a little naïve...............so were Lehmans bank and Stanford Financial Services!!!!!

Naive maybe but with Charles Savage at the helm I would have no problem investing my money with them...

The Noseweek article is speculative and sensationalist. At the time the matter was fully investigated and was found to be of no substance.


Titch thank you.

I also read detail and agree did not warrant any press.

Strange post all together from a new member,must have known you post here sometimes Charles..

Lol some ppl r. A joke!!!!
Coming on here to pick on clan members..
Obviously sour grapes coz he didn't invest in Purple Capital.

No surprise that there are parties in the industry who would like to discredit Purple Capital-the industry's attitude to attempts at competition are no secret!

Firstly although I am a new poster I read ABC ever day and have done so for a number of years.
Purple Capital were trying to takeover the running of Cape Racing
I attened their roadshow and frankly was not impressed {my opinion]
As for Shezapunter saying I have sour grapes for your information I have been self-employed for over
30 years My business has made more taxable profit per year than the Purple Group
I have NEVER invested {other than horses} in any business that I did not control and discovered
a long time ago to be aware of Life insurance salesmen and financial wizards
Lets see how it all plays out
Wait until the fat lady sings

Thanks for clarifying what we thought