UK 07:56 Wednesday, 7 October 2026
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Disclosure: The author has a short position in one or more of the shares mentioned. 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.
What a surprise: on the first trading day of 2015 Naibu (NBU) announced that it has lost its Finance Director. After two years as a public company it rather looks like Naibu is shutting up shop and disappearing into the night.
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Comments
Bobby Chariot
Hi Ben
What was the FD’s name, was it Mr Sum Ting Wong?
Michael
The finance Director is actually the CEO’s daughter. Did you know that?
Michael
Shares suspended pending an announcement
one of 4 scenarios
1) It’s bust (2-1)
2) It’s not bust, but they are going to restate accounts, downwards, cash pile will disappear (3-1)
3) Chairman is going to use majority stake to buy remaining shares on market (4-1)
4) Adidas/Nike have made a takeover bid (100-1)