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News from China, now this should be something that gets the SP moving up or am i mistaken? The SP hasn't shifted today but we seem to be one of six preferred funds allowed into China, going to watch this very closely and fingers crossed Man may lift itself out of these doldrums and replenish my -ve investment. I have sat on these for sooooo long waiting to come back to blue. Cut and past news below: Man, Och-Ziff among hedge funds to get China quota for investment overseas - report 13 Sep 2013 - 06:12 SHANGHAI, Sept 13 (Reuters) - China has granted six foreign hedge fund management companies quotas to raise yuan in China and invest it abroad, the 21st Century Business Herald reported, citing an unidentified source with knowledge of the decision. The quota opens up the world's second-largest economy for the first time to the $2 trillion-plus global hedge fund industry, potentially helping foreign funds raise billion of dollars from Chinese institutional investors for investment abroad. The report said that Chinese regulators had granted six funds a combined $300 million worth of quota. Earlier reports said the programme, called the Qualified Domestic Limited Partner (QDLP) programme, would have a net quota of $5 billion. The firms include the Man Group Plc <EMG.L>, Winton Capital Management, Oak Tree, Citadel, Och-Ziff Capital Management Group LLC <OZM.N> and Canyon Partners, the report said. Each fund has been granted a $50 million individual quota. A Hong Kong-based spokesperson from the Man Group declined to comment when contacted by Reuters. The other funds could not be immediately reached for comment. The report comes as China has accelerated the tempo of announcements regarding reforms to the country's capital account. Financial industry insiders have told Reuters that the new Shanghai Free Trade Zone, set to launch by the end of the month, is likely to further open the Qualified Domestic Institutional Investor (QDII) programme, a pilot project that lets Chinese fund managers invest in foreign equities and bonds. However, analysts have pointed out that the QDII fund has proven unpopular with Chinese investors, with much of the programme's existing quota going unused. Analysts said that many Chinese investors were burned during the implosion of overseas stock markets in 2008-2009, turning them off of foreign stocks, but they have become enthusiastic investors in overseas real estate. (Reporting by Nishant Kumar and Pete Sweeney; Editing by Kim Coghill) ((pete.sweeney@thomsonreuters.com)(+86 21 6104 1777 / +86 158 0188 9934)(Reuters Messaging: pete.sweeney.thomsonreuters.com@reuters.net)) Keywords: CHINA QDLP/

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Thanks for that, just don't remember ever seeing this as an RNS or how much they got for it as a time when everyone invested with HOil would love to hear these things shouted from the roof top.....unless they actually lost a pile on the reselling of the asset I suppose, then best kept quiet! Thanks for your reply.

The decline was due to special divi being made yesterday, i think pays on the 22nd May. Good time to buy in in my opinion. Moving back up slowly today.

Hi all, I wondered if anyone knows whatever happened to the hige gas find that HOIL found the other year that then triggered the demise in the SP. Are they still sitting on this or was it all just gas and air!! Surely a huge asset that goes un-noted these dark days. No updates anywhere on the Tullow wrangle either, all in the dark, so if anyone out there has any insite would be really helpful. GLA

AFRICA INVESTMENT-China's Africa resource scramble goes platinum 01 February 2013 09:34 By Ed Stoddard LEDIG, South Africa, Feb 1 (Reuters) – China’s scramble for resources is breaking new ground on South Africa’s platinum belt. As older and less profitable shafts face closure, Chinese money is bank rolling one of a handful of new platinum mines being built in South Africa, which sits on about 80 percent of known global resources of the white metal. Wesizwe Platinum’s <WEZJ.J> Bakubung mine, which aims to start production in 2018 and churn out 350,000 ounces of platinum group metals a year by 2023, is China’s first direct investment in the sector and it likely won’t be the last. A Chinese consortium headed by mining giant Jinchuan[JCGRP.UL] <2362.HK> has a 45 percent stake in Wesizwe and the China Development Bank (CDB) last week provided a $650 million loan, providing the project with the capital needed to complete the mine. Platinum is primarily used for catalytic converters in motor engines and for jewelry. Demand for both is seen soaring in China as its car production goes into overdrive and its burgeoning middle class consumes luxury items. Graphic on platinum price and Chinese car production: http://link.reuters.com/fab26s.

Hi all, anyone concerned about the Mali unrest here. I am looking to get back in on this but the unrest is keeping me away. Look at the share price last time there was a coup, went down to 4500. The sp hanging around at 5840, seems to have found support around here at the moment. Just wondered if anyone taking the plunge on this yet. I suppose it comes down to what your risk attitude is, i have quite a high one but thats probably why i never make any money!! LOL GLA

Looking at the chart and recent RNS is this downtrend going lower. I watched this when it went down to the 4600 region when the coup last year happened and foolishly never bought in only to see it rocket back up to over 7000 when it was over. It seems there is still some negative news around this share, downgrade of production numbers etc., politics in the area is always volatile, will we see those low sp's again, not sure, my finger is hovering over the buy button but given the daily decline i think i am holding a while until i see a good solid up day. Anyone else buying at these levels? GLA

£200 now that would be nice! £2.00 should've been.

Hi all, can any one give a bit of a synopsis as to where HOIL is at the moment, tax position, drilling, the large gas find that destroyed the SP the other year? I used to watch this quite closely but have put it away for a while as my SP buy in was far from here and therefore waiting better days. I saw it rise over £200 a while back but here we are again going down. Would really appreciate an overview from someone. Thanks to all who reply and GL

What are your thoughts on this one, i have a position opened at 309 the other day, happy to hold for a bit longer but bit of a ramp down today. Need some +ve eco news to be issued from somewhere. All was looking good yesterday morning after US election and then bang europe downgrade. I'm sure someone has an agenda there, " hey too much good news, this'll teach them, lets tell everyone its not going to be great next year, oh but before we do lets get some shorts on!!! Call me a cynic but funny how there always seems to be something to put the dampner on things! Oh well lets see where this goes. Good luck

Thanks for your opinion, always look for your comments. Mm probably should stay away from thisreally at the moment see what happens over the next few days. The bank definitely needs to come out with a solid defence statement, then may see SP go back up a bit. This sort of scandal though hits the reputation for some time i guess. Will be a while before back up to previous prices.. Ok have a good day all. Thanks

Hi all, looking at this positively, is this an oportunity to get in on a low position oor just too much of a risk? Barclays weathered the recent storm quite well and now ticking back up. Is this similar or perhaps too big a gamble. I suppose if the SCB get kicked out iof the States the SP would really thump down again. Anyones opinion would be helpful...thanks and GLA

Hi , been tracking RSA and AV. both looking at very low positions with good divis too. However very vervous on these until, greece elections and more comes out of woodwork with Spain. Both have exposure in europe but not sure how much, AV. i think has less than RSA tied into europe according to something i read on the company on The share centre website. Thing about RSA is that they don't seem to have such big sp swings, so less volatile. I think if it drops again to 96 ish then i'll dip my toe.!

Was thinking of gettingin on this again but big drop today. Must agree with others that RIO is looking good especially with China easing interest rates, get growth going again. Anyone looked at BLT, looks also bargain at the moment with excellent growth expenditure etc, long term company, seems very low entry price at this point.... anyone any thoughts.

Can anyone give an up to date and informed picture of the political situation now in Mali. This SP will completely revolve around this and until there is the stability in the country i think this will stay down. When Ivory coast was in upheaval this SP was down in £44 region.

NK did yuo enter at 843? Still going down. I wonder with all the -ve data out of europe manufacturing etc this is going lower, october november lows? I am averaging quite a bit higher than thispoint but consider getting some more KAZ at this level. What do you think?

Hi all, just wondered if someone could give me a short explanation on this one as to the massive declien recently. strikes, political unrest, flooding? It seems this has got a negative sentiment about it with the MM's, any out there expecting an uptick soon. Notice latest is price cut but rating is buy from Cannacord Genuity broker 351.50 seems not bad point of entry.