The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I've been holding these for quite some time. At one stage I thought all was lost. This really could be seriously huge now. Enjoy the ride.
Do you have a link to that conference please?
This certainly looks to be a special situation imo. Stanhill Capital Partners is an independent Hong Kong based merchant banking group with an unconventional and activist investment approach. Stanhill focuses on a number of investment themes based on a long term strategy that emphasizes creativity and speed in evaluating and acting upon potential opportunities. Stanhill has offices in Hong Kong, Singapore and London and is staffed by seasoned professionals with a direct investment track record in complex capital markets and M&A transactions in a variety of sectors and jurisdictions. Stanhill trades in Hong Kong under the name Crosby (Hong Kong) Limited which is regulated by the Securities and Futures Commission (SFC). An important component of the Stanhill Group is the Stanhill Special Situations Fund, a Cayman Islands domiciled vehicle with a focus on event-driven and distressed special situations across all markets. Investments are mainly in corporate restructurings through distressed debt, private and public equity and equity linked securities. Historically the fund has been most active in the natural resource area and has led contested takeovers. The Stanhill Special Situations Fund often partners with other investors in taking stakes in situations that have been heavily researched and analysed. The investment horizon is very long term.
http://www.campdenfb.com/article/stanhill-capital-buys-stake-sovereign-gold
...would maybe be ZEST to REM. dyor. GL
http://www.campdenfb.com/article/stanhill-capital-buys-stake-sovereign-gold
Stanhill take ownership to over 50% of company Windsor based Sovereign Gold Limited ("Sovereign Gold" or the "Company"), the specialist investment company that acquires exposure to gold through buying British Sovereigns, is delighted to announce that Stanhill Capital Partners, a Hong Kong based merchant banking group, has provided further investment to support the company's growth and expansion plans. The investment has been structured through a private placement of equity as well as a convertible bond that is secured on the company's existing and future inventory of Sovereign coins. Following the investment, Ilyas Khan, senior partner of Stanhill Capital Partners will take over as Non-Executive Chairman of Sovereign Gold, and Stanhill will also take up another board seat. Sovereign Gold is a truly unique and fast-growing gold focused investment company. Established in mid 2011 and operationally active since September of that year, the Company is in the process of building up a Sovereign coin buying network in the UK and, through its shares once they are listed, will offer investors a secure, low-cost and convenient way to invest and hold physical gold without the inconvenience associated with taking physical delivery or the risks associated with synthetic structures. Sovereign Gold offers full un-hedged exposure to physical gold with no exploration or mining risks. Additionally, Sovereigns, as legal tender, attract no VAT or capital gains tax, and thus provide pure exposure to gold for investors. A representative of Stanhill Capital Partners commented: "we are very pleased to be supporting Sovereign Gold's ambitious roll out. The additional funds will allow the company to expand its purchasing network and follows a period of significant growth since our initial venture backing. Sovereign Gold has a strong track record of delivery and is extremely well placed to benefit from the increasing global appeal of physical gold investment. We look forward now to a public quotation during the coming year." About British Gold Sovereigns The British sovereign (originally treated as the one pound coin) is one of the most widely held gold coins in the world and, unlike paper investments, has a real and permanent tangible value and is legal tender in the United Kingdom. Gold sovereigns were first minted honouring the reign of Henry VII in 1489 and have been issued for most English Kings and Queens since that time. British gold sovereigns ceased production in 1604 and recommenced again in 1817 when a standardised coinage system was re-introduced. Gold sovereigns were minted continuously for over a century from 1817 to 1932 when Britain moved off the gold standard. Production of gold sovereigns was resumed again in 1957. The Royal Mint estimates that over 1 billion coins have been minted in total, though only a small proportion of those are likely to still exist. Sovereigns are minted from 22 carat gold, and weigh in at 0.
noyce2 16 Aug'12 - 06:32 - 132 of 133 Is this the vehicle for eastman kodak takeover/blueknight energy?
My calcs works 1.53m out at just shy of 2% and not the 3% reg' amount?
.....to be learnt imo. He/she should have bought in lower and held. This stock could become comical.....in a positive way.
Mostly @ around 0.2-0.25ish. Top sliced 0.55ish.
Been holding these for months, so took a few off the table for the next guy...rude not to really. Free ride now. GL
I spotted the holding rns yest' aft. Check out my post on ADVFN (lufc5). Just thought I'd try to keep the 2nd one quiet....lol. GLA.
Can you see a trade earlier than 08:49??
Shiraz – Chief Operating Officer London Waseem is a Director of Stanhill Capital Partners, and focused on investment opportunities in the natural resources sector. While at Stanhill Capital Partners, Waseem has been involved in the execution of a variety of complex public and private equity investments. Transactions Waseem has been involved in include the strategic investment in Touchstone Gold, strategic and financial repositioning of Hameldon Resources Limited (AIM), Contested Takeover Offer for Indophil Resources (ASX), Takeover Offer for Medusa Mining Limited (ASX), and Takeover Offer for Rey Resource Limited (ASX). Waseem has been Chief Operating Officer of Stanhill Capital Partners since June 2010 and runs the Merchant Banking team. Waseem specialises in complex turnarounds and transactions focused on incumbent management.
@ 0.345p. Someone loading up here imo.
....read. These guys bought in yest'!! http://www.stanhillcapital.com/team.html
....still only 220k. Around 2.5k buys you 1% here. One to tuck away and await what Stanhill plan to do here. Interesting times ahead imo.
Look what subsequently happened to ZOL sp!!