Global Shares Ltd?

emweaver

Sounds dodgy to me and the only 2 people who are interested / saying they're good are newbies! Anyone else sense this could be a scam?

Dack

If the address is 120 Old Broad Street then it's at an accommodation address / instant office

Definately sounds scam material. Reminds me of the old horse racing/stockmarket software selling company thats based in Australia but operates out of offices in London.

Edit:
Reading http://good-answers.com/Answers/ae/8748.html

Sounds more and more like it.

Stompa

emweaver wrote: »

Anyone else sense this could be a scam?

Indeed. Quite why anybody would even consider dealing with a company that makes unsolicited (mail/email/phone) approaches is beyond me.

Dack

Finally remember the company that did a similar thing:

Google for "star trader"

e.g.
http://www.thisismoney.co.uk/news/columnists/article.html?in_article_id=420277&in_page_id=19&in_author_id=5
http://www.news.com.au/heraldsun/story/0,21985,18567080-2862,00.html

etc.....

cheerfulcat

BathRugbyMan wrote: »

Just checked on Companies House and they have been around since 2003.

No listing that I can find. Also not FSA registered.

Chocmonster7

I got a brochure though the post today from these people, the letter just screamed "SCAM!". It didn't help their cause that my envelope also contained letters addressed to two other women in the same town as me. At least it means they won't be getting this junk.

turbobob

Any legitimate company dealing with investments would have to be authorised and regulated by the FSA. As they are not, then it is not a legitimate operation.

dunstonh

How can you have mixed reactions about a firm that is not regulated by the FSA (a legal requirement) and breaks a load of the FSA rules?

If you want to invest with a firm trading outside of the law then you deserve everything you lose.

Dack

busyboy wrote: »

Getting mixed reactions about this one .An earlier report from the newbie quoting 1.8 miliion and extracts from Irealnd .This is a different Global Shares .The one were all concerned about is in Tower 42 , Ive had long phone calls with the Australian bushwacker today , im gonna hit them with some tough questions , they tell me they have over 15,000 clients in the uk , Well when i get the report from companies house it should be a big turnover .
Im going to take an unanounced trip up to their offices , he said they have a meeting suite with traders on the floor and over 20 analyists .Im thinking its not true the longer i type this .Ill report back soon

Nice that you took the time to register and make two posts about the company. The bolded part of your text makes me think, even more, that it's nothing but a rebranded "Star Trader"

GLOBAL SHARES LTD
TOWER 42
INTERNATIONAL FINANCIAL CENTRE
25 OLD BROAD STREET
LONDON
EC2N 1HN
Company No. 04863745



Status: Active
Date of Incorporation: 12/08/2003

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
7260 - Other computer related activities
Accounting Reference Date: 30/06
Last Accounts Made Up To: 30/06/2007 (TOTAL EXEMPTION SMALL)
Next Accounts Due: 30/04/2009
Last Return Made Up To: 01/08/2007
Next Return Due: 29/08/2008

That should give you a bit of info about their turnover.

And there are no mixed messages coming from people posting here. Everyone has said SCAM.

ManAtHome

Computers can do billions of calculations a minute, what they can't do is predict anything... (another vote for SCAM btw).