Member Info for bbr391

Only 150 % ,seems quite reasonable .

We expect a nice Christmas uplift ? One believes so . Good luck all

It`s a trade . Hold on all ,glad tidings are on their way . Someday .

No. We will have to wait and trust in the Board to negotiate an apt deal . Good luck all Old Pals

On 30 September 2010, Metro Baltic Horizons plc ("MBH" or the "Company"), advised that it was in advanced discussions regarding the potential sale of a minority stake in one of the Company's projects. The Company today announces that it has concluded an agreement for the sale to Lords LB Baltic Fund 1 (the 'Buyer') of a 30.7% shareholding in Focus Kinnisvara OU ('Focus'), the Company's 80.7% owned subsidiary, whose principal and only property asset is Metro Plaza , a recently developed office building prominently located in Tallinn ('Metro Plaza'). The Buyer is a €25 m real estate fund managed by UAB Lords LB Asset Management, which is registered in Lithuania and regulated by the Lithuanian Securities Commission. The Buyer is independent of both the Company and the Investment Manager. Under the terms of the agreement, the total consideration, payable in cash, to the Company will be approximately €2.1m which implies a value for Metro Plaza approximately 7% above the latest independent valuation of Metro Plaza as at 30 June 2010 (€19.2m). The proceeds of the disposal will be used by the Company to pay Company debt and for working capital purposes. The Buyer is also acquiring a 19.7% minority shareholding in Focus held by an unrelated party on the same terms as its acquisition from the Company. The Company and the Buyer have also entered in to a shareholders' agreement to cover all usual commercial aspects of their relationship.

No . It,s just a reminder . That they have the wherewithal to pay us back our money . LB is one of the subsidiaries that have gained from our misfortune . Nice to see , they have some cash in the bank . Perhaps ,ready to transfer it back soon . We hope . Good luck

Agreed . Obviously KLK want us on the cheap. Let`s hope the Board have put Our interests firmly in first place . Good luck

On the way soon. good luck all Old Pals

http://www.property-magazine.eu/lords-lb-baltic-fund-i-sold-100-of-the-shares-of-lpvp-client-1-26384.html

Our frog will become a prince . Good luck .

Agreed rhj , A little patience goes a long way . Good luck

The Sunday Business show. Today FM http://player.todayfm.com/The-Sunday-Business-Show

Hold 6 % Blakeney 11% I doubt very much whether 5p will satisfy them , or us. Hold on them shares, they are worth 9p . KLK will no doubt up this derisory initial offer very soon. Patience pays . Good luck all Old Pals

Achieved . Now is the time to add to your tally . Good luck all hoteliers .

MCM have 50 million euro plus and rising , yet we languish at 3 million . Now where did that money go ? Gla @ The Met

The court hearing will be in the Isle of Man . They are notoriously secretive .. Best news would be a decent out of court settlement and that`s what Ronan and the team . I expect will go for . I may be wrong . But , remember the other side have as good as admitted guilt . Good luck

I scoff at this offer . It is just the first and as per , a lowball . Patience pays . gla Old Pals

We all know Ronan ,he`s often on the radio . Seems like a good upstanding guy . Although he has worked for ABN Amro ,that was a while back . He seems to have our best interests at heart . I expect he has been quite busy with family matters over the last couple of months and he does have several different company interests .. Good luck

States as eddisbury writes. KLK confirms that, if it were to make an offer for EPO, the consideration is likely to be solely in cash. Although take note of the word " If " . Either way it`s good news dependant on time scales . Good luck all Old Pals

As far as I know John . happy holding . Good luck