Discover and read the best of Twitter Threads about #BDO
Most recents (7)
@ArmitageJim @premnsikka 1/ #LSE listed taxpayer funded homeless/vulnerable accommodation op & #BDO audited ‘#HomeReit’s biggest tenant (‘#LotusHomes’) dished out £1.2m to bosses before bankruptcy’ (cityam.com/exclusive-home…). HomeReit’s punters were bedazzled, it’s …
2/ ‘double dipping’ auditor/IPO advisor #BDO remains befuddled, the UK’s blind eyed financial regulator (@TheFCA) remains becalmed & trading in HomeReit’s shares remains suspended. Background: ‘how scandal-hit investment fund let down war veterans’ - ; … 
3/ ‘#HomeReit’s social responsibility claims ring hollow to the Hyde family’ - ; ‘self-styled cruel negotiator at heart of homeless property row’ - ; ‘major HomeREIT tenant (#LotusSanctuary - 12% of HomeReit rentals) on the brink …
@ArmitageJim @retheauditors @premnsikka 1/ @TheFCA auth. #Emoney op (neobank) #Revolut reportedly frustrates its own board & raises eyebrows in the accounting industry after spinning a critical #BDO
#audit report as a clean bill of health (ft.com/content/9d2f61…).
#audit report as a clean bill of health (ft.com/content/9d2f61…).
2/ #Revolut published it’s 2021 audited accounts 5 months after they were originally required to be filed & 2 months after an extension to the deadline had expired. Revolut’s lawyers Schillings said there were "a range of views on the meaning of the qualified opinion".
I've been tracking #tether's attestations since they started publishing them.
I'd like to think that I provide more granular reporting then they do themselves.
I'd like to think that I provide more granular reporting then they do themselves.
I generally try to update the shared sheets and provide some commentary with a week or so of the attestations being released. I haven't had the chance to this quarter...as well I've had real world shit to do ....
I was kinda champing at the bit to write up a few tweet storms as all the fanboys were shilling the amazing $700m profit #tether had made in the Dec quarter alone....
@retheauditors @premnsikka 1/ “Flipping Hell”: #LSE listed taxpayer funded homeless/vulnerable accommodation op & #BDO audited ‘#HomeReit built on poor foundations’. CityAM, three days ago wrote: ‘#HomeREIT faces legal threat from biggest tenant over £5.5m rent relief deal’ …
2/ (cityam.com/home-reit-face…). A week earlier it was reported that #HomeReit’s ‘investment adviser’ (‘Alvarium’) had (prior to its #SPAC merger) spun out the unit ‘advising’ #HomeReit (‘Alvarium Home REIT Advisors Ltd’) allegedly to a newly created shell, …
3/ before, along with wealth manager #TiedemannGroup, a #SPAC merger (Nasdaq listing) with ‘#CartesianGrowthCorporation (ex-#AIG emerging markets PE funds crew from back in the day). The #HomeReit board allegedly in effect ‘subcontracted the business’ operation to Alvarium’,
@retheauditors @premnsikka 1/‘ Investigation in to #AIM listed #RevolutionBeauty unveils "serious issues" over the way the business was allegedly run under previous senior managers’. Revolution hired Macfarlanes to investigate after their long term auditors #BDO ‘reared up’.
2/ Yesterday it reportedly emerged that Macfarlanes had discovered Revolution made "unacceptable" loans to senior managers, requested distributors book orders worth £9m to meet y/end financial targets + failed to consider key info. when acquiring a company owned by its chairman.
1/
#VagaChain thread - financial investors / speculators view:
For investors, $VAGA, the native currency of #VagaChain is pretty interesting my opinion. Lets start with basic aspects:
#VagaChain thread - financial investors / speculators view:
For investors, $VAGA, the native currency of #VagaChain is pretty interesting my opinion. Lets start with basic aspects:
2/
► Great tokenomics:
Only around 40 mio $VAGA will be circulating at mainnet launch on 6th December 2022. Over time the max. circulating supply will be 80 mio $VAGA. Total supply will be 200 mio $VAGA. Low supply is good for price development imo.
► Great tokenomics:
Only around 40 mio $VAGA will be circulating at mainnet launch on 6th December 2022. Over time the max. circulating supply will be 80 mio $VAGA. Total supply will be 200 mio $VAGA. Low supply is good for price development imo.
3/
► Usage of the network:
1) #VagaChain is not a theoretical draft on the paper. It brings real utility and impact into the economic world with a real product that fits the market needs. Its the same in another way as @Ripple is. Both are independent of bull or bear markets.
► Usage of the network:
1) #VagaChain is not a theoretical draft on the paper. It brings real utility and impact into the economic world with a real product that fits the market needs. Its the same in another way as @Ripple is. Both are independent of bull or bear markets.
Die dramatischen Entwicklungen bei #Wirecard nehmen kein Ende. Innerhalb von zwei Tagen ist der Aktienkurs um knapp 70% eingebrochen. CEO Markus Braun ist zurückgetreten. Die Hinweise für einen Betrugsfall von großem Ausmaß verdichten sich. Eine Chronologie. /1
#Wirecard hat ein jahrelanges rasantes Wachstum hinter sich. Gegründet in Aschheim expandierte das Unternehmen für Zahlungsdienstleistungen schnell. Gekrönt wurde das Wachstum mit dem Aufstieg in den #DAX im Sept. 2018. Die Aktie notierte in Hochzeiten bei knapp 200 €. /2
30.1.19: Die Financial Times erhebt schwere Vorwürfe gegen #Wirecard. Demnach habe ein hochrangiger Manager in Singapur womöglich Verträge gefälscht und Geldwäsche betrieben. Die Aktie bricht schlagartig um knapp 20% ein. /3 ft.com/content/03a5e3…
