Purple Capital

One only has to watch a few episodes of American Greed to realize how many wolves there are out there,and they all look like sheep before being exposed.I have no intention of reading this article and know absolutely nothing about PC,but if something smells then surely it should be investigated.

The Madoff's and Fidentia's of the world were all supposedly prime investment opportunities until the truth came out,and when it did peoples life savings were gone and their futures ruined forever.

Those are serious allegations...are PC taking legal action...or could taking legal action be more damaging.

JAP there is also Vanguard, Capital Group,Black Rock and many many others that are straight up and brilliant investment prospects...the fly nights are a very small %

Titch Wrote:

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> JAP there is also Vanguard, Capital Group,Black
> Rock and many many others that are straight up and
> brilliant investment prospects...the fly nights
> are a very small %

I'm not making any accusations.

Just saying people should be careful when something smells.From what RF says above care may be required in this instance.

Do you have to be a Noseweek subscriber to read the article ?

Rob please note I am not your @%& "JIMMY"
I NEVER SAID ANYTHING ABOUT YOUR POST BUT IF THE SHOE FITS.........
I was merely making a point, but it seems to me that one are not allowed to make a point without being attacked by SOME PEOPLE who simply will not allow you to state your point if it do not agree with theirs

Also it seems SOMETIMES that if you are a NEW member you must sit in the corner and shut your month and never dare to go against the OLDER members
what a sad state of affairs in a supposedly democratic country

James , you quoted my post under your "venom" concerns ......don't you remember....:S
Of course you are entitled to your opinion but expect what you say to be responded to......or is that also unfair?

Very interesting follow up story in this months noseweek.....

Phew! Lots of vitriol flying about.........

I have been invested in Purple Capital for a number of years now. I must compliment them.......their share price has been going steadily backwards ever since. Lol. That's just a fact and not a defamatory statement.

Earlier this year they made a claim that their Voltbet was the biggest on line betting company around. They had to retract that when they were advised in no uncertain terms that the claim was patently untrue. They are now selling that division to Sun International.

Nevertheless I am sure they are all very nice people yaddah, yaddah. Just a pity that the group seems unable to make much of a success of many of the businesses they have turned their hands to. But don't believe me.....do the necessary reading and its there for all to see.

I have the uncomfortable feeling that Poephol Capital might better describe them.

I read the article after buying Noseweek (which I never do),just to see for myself what this was all about.

Let's just say none of my cash will be going anywhere near this lot.

these guys look very dodgy rather invest in a few bets at least you have the fun!

www.noseweek.co.za/article/3041/Global-T...e-lies-and-deception

Remember " Wait until the fat lady sings'