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Filthy 40 Taihua - last chance to get out ahead of delisting

By Nigel Somerville, the Deputy Sheriff of AIM | Friday 5 May 2017


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


ShareProphets AIM-China Filthy Forty play Taihua (TAIH) deslists at the close of play today. If you want to claim your bag of Walkers, now's your last chance - unless you want to take your chances on suggestions of a possible offer from a major shareholder and management coming to fruition at a better price following this weekend's scheduled lethal injection in the basement of Stuttard Towers.

The Red Flags pointed to with Taihua have been numerous, but at least it is not a Nomad resignation or a filure to publish accounts forcing the issue - the company called a delisting EGM, and so has taken the hari-kiri route instead.

And so another of the Filthy Forty slips off the world's most successful growth market. This will be delisting number 26, to leave just 14 or our original 40 on the Casino - and MoneySwap (SWAP) has a delisting booked in soon, also taking the hari-kiri route.

For what it is worth, I still think there are more to come: down to ten by year-end, or will it be single figures?


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