Register
Login:
Share:
Email Facebook Twitter




OPP Share Chat - RSS Feed

Origo Share Chat (OPP)



Share Price: 3.125Bid: 3.00Ask: 3.25Change: -0.625 (-16.67%)Faller - Origo
Spread: 0.25Spread as %: 8.33%Open: 3.75High: 3.75Low: 3.125Yesterday’s Close: 3.75


Share Discussion for Origo (OPP)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


bonker99
Posts: 18,789
Off Topic
Opinion:No Opinion
Price:6.25
If
6 Aug '15
this was any other "ordinary" share I'd be all over this at this SP/time but these "investment" things give me the willies ...
 
HawkA1
Posts: 441
Off Topic
Opinion:No Opinion
Price:3.63
Mike59
14 Jul '15
Cheers Mike. I hear you on the management as I spoke with them a while back too and no joy. I was down quiet a bit but decided to cut it.
Hopefully all your other investments go well too. I got into IOG and did a bit better there.
All the best mate and see you soon.
Mike59
Posts: 24
Off Topic
Opinion:No Opinion
Price:4.13
View Thread (2)
RE: Management really is crap
11 Jul '15
Sorry to see you go Hawk but fully understand and agree with your sentiment. I have been asking the Management team the very same questions that you raise but it has got to a point where they are no longer replying to my mails. I am so far down on this one that I made the decision a while ago to stick with it even though they have squandered so much money and opportunity. Wish you all the best in your future investments and am sure we will bump into each other again on the share chat boards.- Mike
HawkA1
Posts: 441
Off Topic
Opinion:No Opinion
Price:4.13
View Thread (2)
Management really is crap
9 Jul '15
I gave up on this stock now. Management could not realise shareholder value when the chinese market was at all time highs over the last year....now they have even less chance and the portfolio will get revised downwards. For that, I sold my stock and wish all those here good luck and Hope I am wrong for other shareholders sake.
Cheers
Mike59
Posts: 24
Off Topic
Opinion:No Opinion
Price:4.38
Results
8 Jun '15
Well lets hope that this set of results concludes the consistent bad news ! We are down to a NAV of around 10p now and the Management team are consistently blaming the poor environment and downturn in mining etc...etc. but if you take a look at the report it reflects consistent bad results/news in other investments also which must show some dubious decision making at some point along the line.
The only positive for me is the possible asset value in the Mandel project but will that ever improve on its current low valuation ? They have included a somewhat positive outlook statement which I have attached below :-

The outlook for the sectors in which the portfolio companies are active remains unclear, although there have been a number of positive developments after the end of the year. We remain convinced that our Chinese investments are well positioned to benefit from long-term trends in the Chinese economy and society. In Mongolia, the conclusion of the deal to fund the underground mine at Oyu Tolgoi removes a significant negative factor, and could provide the basis for a longer-term re-rating of the country's mining sector.
We continue to review opportunities for divestments in line with Origo's revised Investing Policy, however, we will only propose opportunities to the Independent Directors which we believe will deliver appropriate value to investors.
HawkA1
Posts: 441
Off Topic
Opinion:No Opinion
Price:4.88
Reading between the lines
1 Jun '15
Agree with you mate. Lets hope even 10P a share NAV would be great, if it is much lower, this will start falling again, usually trades at a massive 50% discount on a good day....
Cheers
Mike59
Posts: 24
Off Topic
Opinion:No Opinion
Price:4.88
Reading between the lines
28 May '15
Hmm, June 12th should prove interesting . I wonder how much the " Substantial reduction" in the NAV will be ? but then again how long is a bit of string ! One good thing is that the share price seems to have bottomed otherwise we would surely have seen some downward movement after the wording in this notice.
Mike59
Posts: 24
Off Topic
Opinion:No Opinion
Price:4.88
View Thread (3)
RE: Contact
26 May '15
Yes I did mention Rio and the long term highs in the Chinese markets etc. but no reaction. Origo's holding "Kincora copper" is in the same world class Oyu Tolgoi copper belt of Mongolia as the Rio deal which should prove to be advantageous, lets hope someone is interested in Gobi and Molyworld? All the best Cadbury and will post if I hear anything else.
cadburyhill
Posts: 116
Off Topic
Opinion:No Opinion
Price:4.88
View Thread (3)
RE: Contact
26 May '15
thanks, mike59. v. thoughtful. I'm hoping that the positive news re: Rio/Mongolia would also help matters here....all best, cadbury.
Mike59
Posts: 24
Off Topic
Opinion:No Opinion
Price:4.88
View Thread (3)
Contact
26 May '15
Cadburyhill, HawkA1, et al ... Well I finally managed to make contact, I asked for updates on their strategy regarding sales (future and present) and that it would be beneficial for investor relations to keep us updated as these progress. They assured me that the management team are making every effort to sell the assets in the allotted time period and of course with the shareholders interests in mind. Was also told that an update on matters will come shortly. I took this as a positive and at least they did eventually get back to me after chasing them up a couple of times. Finger crossed for a good update ! - All the best





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.