Response to a video about Trading 212

Back on topic, lets assume what the OP/youTube poster is true. Who else is shouting out this information to make sure anyone with a vested interest is aware?

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Hey Guys, I just wanted to say that Us, as users , having this forum is a pretty great thing. I personally donā€™t know a lot of companies that would let their customers be able to come together and potentially complain collectively. I think thatā€™s incredible. Maybe itā€™s common in the UK but in my country I canā€™t imagine a company with a forum like this where there is always risk of negativity coming out.
Sashaā€™s video is alarming and even though it feels like Trading212 is not being transparent they are better than most, Iā€™m sure all this will be cleared up by next year, I guess we sometimes forget that Trading212 has been around for years actually, I think since 2004, why would things go wrong now

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The fact they havenā€™t filed their accounts is true. The fact they are a fintec company and havenā€™t filed their accounts is not a good look, whichever way anyone tries to spin this. Should we be concerned? Who knows. It would help if they just filed their accounts.

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I suppose that depends how much money you have invested with T212, as we all know they are beholden to the FSCS and so you have the benefit of that protection;

I havenā€™t watched Sashaā€™s video either as why would I buy into the views of someone with no actual experience in this space? Itā€™s the equivalent of discussing the matter with Fred from Customer Service while you wait for your moccachino to appear.

Although Iā€™m sure if you asked nicely, @ThatFinanceShow might weigh in on this conversation with some thoughts coming from a place of experienceā€¦ or if weā€™re really lucky, do another ā€˜Sasha counterā€™ video.

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@Joey_Fantana sashaā€™s experience is in the credit realm but those videos didnā€™t get many views šŸ¤· so instead we get blown up fear, hype and speculation. Itā€™s not worth responding to what he posts anymore. Itā€™s all predictable by template.

His ISA was only with T212 because his affiliates didnā€™t offer one. People should look at his public LinkedIn profile before committing to his opinions as valuable input.

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I disagree that it isnā€™t worth responding.

Clearly he has an agenda (generate clicks on his videos).

However, I would be keen to understand what is going on / see the accounts.

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Sasha is pretty much full of garbage, like Dougal says, someone else should of picked up on this info if it was so bad.

Heā€™s truly an insufferable individual.

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@Joey_Fantana in truth, Iā€™ve not watched it. But I will. My initial thoughts are I canā€™t think of many good news stories that involve the late filing of accounts but Iā€™m almost sure itā€™s been sauced up a touch as usual.

Wish me luck, Iā€™m going in.

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lolololololololololololololololol :joy:

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@Bogi.H @B.E Can you guys shine any light on this? I did ask the others but nothing back.

You sure do have a way with words @Gfclappah :joy::joy::joy:

Heā€™s probs also got the latter accommodated

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The fact is that t212 didnā€™t submit a financial report, and he only used that fact for his video. Letā€™s ignore his video, but we donā€™t have to ignore the fact that t212 didnā€™t submit a financial report. While I believe that nothing significant has happened and I do not intend to take any steps in this regard, I think the administration could have issued some kind of explanation, purely to prevent the spread of panic.

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Trading 212ā€™s financial performance in 2020 was exceptional, with the Company seeing record revenue and profit figures.

This performance has been further improved in 2021 as it continues to move from strength to strength. To support this growth, the Company received a further capital injection of Ā£19.8m during 2021, have grown headcount significantly, and strengthened the management team and Board with significant hires.

The company is proceeding with the submission of its 2020 financial reporting to Companies House. Our clients will have the opportunity to verify the companyā€™s results once the numbers are published.

We take the opportunity to inform you that we continue to build our teams globally and work on introducing new features and services to our clients.

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Nope, we never banned his account. In fact, we invited him here for a public discussion for the sake of transparency and the accuracy of the information. The community account was deactivated on his behalf.

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Thanks big Tony, so as suspected Sasha is spouting absolute shizer as per usual.

I queried him on Youtube to see why he targets t212 and he said he didnā€™t but he clearly does. He said if there was any good news heā€™d be the first to talk about it. Iā€™ll test his word and tell him the news, letā€™s see if he posts a positive video.

Tony if he does, chuck me some free shares :+1: #jokes or #amijoking

YouTube beef #SashaBasha

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Everyone knows what Sasha is about. He finds coming up with investing ideas too difficult, so he tries whistleblowing. He had a good idea for that once. But having found one good idea, heā€™s reaching for more and more that just arenā€™t there. Waste of time, waste of attention, waste of oxygen.

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Shame. You must have spent too long picking the perfect ban hammer gif :grin:

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To be honest, these videos are about as good as some of the fool articles, where on the same day you can have someone recommending a stock as a buy, and someone telling you to steer clear.

Some people will see through it, others wonā€™t.

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Great update, appreciate it!

Iā€™ll keep chasing him, he canā€™t escape me. Iā€™m like a bad rash in every way.

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