Shares actually do make a profit TET. My own shareholding is worth considerably more that I paid for them. I would never sell them though; they'll be kept in the family. They can of course decrease in price too.
Yes I was assuming he talking about brand sevco shares
Shares grow in value if the future returns are based on genuine growth metrics baed on market analysis
Sevco have never made a profit
Rangers very seldom made any profit
Both make massive losses
Their share price on a real market would be zero since they haves many shares and no real future return unless they start selling players
but their fundamentals have clouded accounts and mysterious stuff that real market would kick your shares into touch
hence I assume they are not on a real recognised exchange
So their shares are confetti and confetti based on no future growth of profits
because profits mean tax and dividends and sevco dont do those things
they expect shareholders to give and expect nothing but confetti as a reward while their board get perks that make up for their shareholding the ordinary muggins who buys sevco confetti can expect zero dividends
And unless another muggins wants to give them more than zero for their confetti they will not get a return
they cover their losses by printing more confetti and charging same price as last round but its never scrutinised by watchdogs???
They burn up ordinary punters investments while getting credit for saving the club that they let die. And mostly the same dudes on current sevco board made massive returns on their investments at ranger despite all the ordinary muggins getting zilch return and complete loss of shareholding.
But its never investigated
Murray ditched his entire debt holding for 1 pound
Got his metals company back and got paid and kept his massive wages every year based on a 6 million pound loan he took out to buy rangers
none of his money got lost
he was guarantor of all the massive debts with his bigger company
but he sold that guarantor status for 1 pound but got to keep all the wages and ebts he gave himself but sold for 1 pound
never properly investigated
he paid zero for rangers
he got a pound at end
in return he gave them monster debts covered by his metals company
he paid none of the debts that eventually killed rangers
but it was his alleged patsy that took the hit.
but patsy had no assets to cover the hit
why thats not a crime to sell you guarantor status for debts to someone for pittance but no assets is beyond the pale.