Here's a new gimmick FG souvenir: "Horienergy". Available for 380 yen for a 30ml bottle from your local Tokyo am/pm store or online from Livedoor. Developed by Horie's staff, the drink contains turmeric and pueraria lobata ohwi flower and "soothes fatigue and prevents hangovers."

An interesting side (and perhaps on the wrong thread) is that the good fellows in the sound trucks have been hitting the circuit around Roppongi Hills for the last week, blasting out Horie's name and making apparently obvious that they are less than happy with him. I don't know what they are blasting, maybe if it were a couple 100 db's less, they would be understandable, but they are unhappy and have been making the rounds quite regular.

I just assumed they were friends of Guyjean's

Horie Jeans

Mulboyne wrote:Developed by Horie's staff, the drink contains turmeric and..

.. a dash of corruption..

Horie Energy Drinks Ripped Off Convenience Store Shelves
http://mdn.mainichi-msn.co.jp/national/news/20060125p2a00m0na008000c.html

Convenience store chain am/pm Japan has decided to pull an energy drink developed by former Livedoor President Takafumi Horie off its shelves because it doesn't want to sell items associated with scandal-tainted people, it has been learned..

GJ

What happens if I buy Livedoor stock and they then get delisted? Will I lose everything? If another company buys them out will the stock be worth the same value or not. I was just thinking what the hell. Buy some stock and see what happens. IT seems that is what some people are doing.

canman wrote:What happens if I buy Livedoor stock and they then get delisted? Will I lose everything? If another company buys them out will the stock be worth the same value or not. I was just thinking what the hell. Buy some stock and see what happens. IT seems that is what some people are doing.

I don't know personally, but I thought it was strange the TSE decided to limit Livedoor's stock trading for a few days after the 'scandal'.. Is that normal? Why have a stock market with set hours if they can just halt trading whenever a company's threatened by bad news? Isn't that the point of a 'stock market'?.. Seemed kind of artificial to me.. Do casinos change the rules if you win or lose too much too fast?

GJ

GuyJean wrote:I don't know personally, but I thought it was strange the TSE decided to limit Livedoor's stock trading for a few days after the 'scandal'.. Is that normal? Why have a stock market with set hours if they can just halt trading whenever a company's threatened by bad news? Isn't that the point of a 'stock market'?.. Seemed kind of artificial to me.. Do casinos change the rules if you win or lose too much too fast?

GJ

im not sure, but all i know is im going to buy live door stocks now !!!!

canman wrote:What happens if I buy Livedoor stock and they then get delisted? Will I lose everything? If another company buys them out will the stock be worth the same value or not. I was just thinking what the hell. Buy some stock and see what happens. IT seems that is what some people are doing.

You only lose everything if the company goes bankrupt. If you buy shares in the company and it gets delisted then you will end up as a minority shareholder in a private corporation. You will no longer be able trade on the public markets so you will have to find a buyer in a private transaction if you want to sell. Livedoor wasn't paying dividends even before the arrest so there will likely be no income from holding the shares. Some day traders like to buy shares that will be delisted because there are funds that legally cannot hold unlisted securities so they are obliged to sell even at distressed prices. It is a game of chicken, however, because no-one really wants unlisted paper.

No-one, obviously, has a fixed idea of what is a fair price for Livedoor itself - partly because there may be more accounting irregularities. A lot of its affiliates are viable businesses, though, and their share prices were the first to bounce on speculation that other players would be bidding for parts of the Livedoor group if they face a cash crunch. Fuji TV has even been mentioned as a possible bidder. They already own a substantial stake in the parent. Although they initally indicated they would sell to get rid of their association with Horie, they are having second thoughts.

fatslug wrote:im not sure, but all i know is im going to buy live door stocks now !!!!

um why?

A while ago I was telling everybody with Livedoor shares to dump them. This latest media circus is just the tail end of what people in IT have been saying for at least 8 months. It was obvious then what was about to happen....

GomiGirl wrote:um why?

A while ago I was telling everybody with Livedoor shares to dump them. This latest media circus is just the tail end of what people in IT have been saying for at least 8 months. It was obvious then what was about to happen....

I saw this coming... I TOLD my wife to not buy LiveDoor... she did anyways, about 3 weeks ago and now we (she) can say goodbye to 1.5 million. The only good thing to come out of this is that I now have 'I told ya so' fodder for the rest of the year. :-/