Brewdog Shares

[Deleted User]

https://forums.moneysavingexpert.com/discussion/comment/81918763#Comment_81918763

I would say that is true for the people that put in their life savings. I think a lot of people just put in a much smaller amount.

wmb194

https://forums.moneysavingexpert.com/discussion/comment/81918757#Comment_81918757

Okay, let's say 100 shares per applicant. £500 per share. It makes little difference. With these sorts of retail offers the average investment is usually a couple of thousand pounds.

You tick a box or sign your name to say you've read and understood the offer document.

[Deleted User]

https://forums.moneysavingexpert.com/discussion/comment/81918769#Comment_81918769

Once again, a deliberate obtuse reply. You are entitled to your opinion.

wmb194

https://forums.moneysavingexpert.com/discussion/comment/81918771#Comment_81918771

I can say the same but we'll leave it there.

eskbanker

https://forums.moneysavingexpert.com/discussion/comment/81918757#Comment_81918757

What do you see as the significance of "Brewdog told investors they would own part of the brewery"? By definition, shareholders in a business effectively own part of the assets (and part of the liabilities of course), but did you interpret it to mean something more beneficial or secure?

subjecttocontract

I'd never heard of Brewdog until I read about it on this forum. They've arrived, been, failed and gone and most of us will be none the wiser. The only single company shares I buy are those that offer perks that appeal to me.

eskbanker

https://forums.moneysavingexpert.com/discussion/comment/81918839#Comment_81918839

They have/had a disproportionate profile, by virtue of their publicity stunts and being in a highly visible brand-led customer-facing industry sector, but were ultimately no more investible than many other small companies that we don't typically hear about…

jimjames

Brewdog wasn’t a speculative investment. Not sure where you are getting these ideas from. No one has suggested any of this.

Even the prospectus says it was a speculative investment. I'm really not sure what else can be done when people either ignore or don't bother reading the details of the offer documents.

I totally agree that certain things need to be stopped such as the scam mini bonds being offered to unwary retail investors but just because this was a well known name doesn't make the shares any more secure than something like Woolworths or Body Shop that went bust too even if it's not a scam.

[Deleted User]

https://forums.moneysavingexpert.com/discussion/comment/81918814#Comment_81918814

I said a while back, that the type of share we owned was the issue (effectively worthless if the business went under). While the founders and other shareholders walked off with millions. As I stated I think many investors were naive when we invested. Not that we expected the business to go under.

I think it is quite wrong that this can happen. Nearly 100,000 million pounds invested by retail investors and the founders walk away and they are left with nothing. If a person is told they are investing and will own part of the brewery, I would expect they would get something back as well. There is a discrepancy between the small print and what the investor was told directly. My concern is that it seems pretty easy for companies to do this. And will surely happen again and again.

we can simply keep saying people should read the small print, but I don’t think its a get out if jail card really.

eskbanker

https://forums.moneysavingexpert.com/discussion/comment/81918885#Comment_81918885

I get the grievance about not all shares being equal, but that's surely a different point from an apparent expectation of owning part of the brewery as if this was some sort of ring-fenced entitlement separate from being a shareholder in the business?