Member Info for Chan

For the Results info on website, See: http://www.sovgem.co.uk/html/investor_relations/latest_results.asp

SovGEM’s investment focus remains on profitable, early-stage listed or pre-IPO companies that are usually Chinese domestic demand-led, with the investment timing typically tied to a fundraising event, an IPO or graduation to a more senior market. During 2006, the number of investments burgeoned from four to 15, while three new investments have been added since year-end, and two follow-on investments have been completed. NAV growth continues apace, with directors’ best estimate of today's NAV akin to 30.67p, representing 143% NAV growth since the group's flotation. The share price discount to assets might reflect investor concerns about the risks of investing in China as well as early stage businesses generally. However, given management’s track record of NAV accretion and de Lusignan’s palpable enthusiasm for an array of investments within the portfolio, we expect that discount to narrow with news flow.

24/04/2007 SovGEM has appreciated in share price terms yet remains substantially undervalued given its net asset value (NAV) growth record under loquacious chief executive Hugh de Lusignan. The emerging market finance house invests in early-stage businesses, mainly in China or PRC-related markets, and issued strong finals for the year to December. The highlight was 51.6% NAV growth to 27.9p, substantially north of the current share price, which looks illogically discounted. Profits increased from £270,000 to £1m, driven by an increase in realised gains on investment disposals from £450,000 to £1.59m. Realised gains reflected a number of transactions, among them the timely sale of the entire stake in fertilizer maker and first investee Bodisen Biotech, part disposal of its stake in AIM-star Renesola, and the sale of part of its holding in Harbin Electric, a Chinese linear motor maker now quoted on NASDAQ. Encouragingly, the numbers also revealed unrealised gains of £1.59m within the portfolio, up from £1.05m in 2005.

Wolfson hit by poor sales of music players. If there is a turn around this is worth keeping an open eye ! See article in The Herald online: @ http://www.theherald.co.uk/business/news/display.var.1355595.0.0.php

Mentioned in timesonline today, nice peice of exposure! Tiddler Caledon Resources, which announced last month the first commercial output from its Cook mine in Australia, was up 2¾p to 43¼p as its management embarked on a series of City presentations. More than 3.5 million shares changed hands, about six times the daily average.

Shall do that storm, but it won't be around Wimpole Street, although I'll be in the area next week.

Thursday, 26th April 2007 08:30 MAMA Group swings to H1 pretax profit, sees H2 in line with market expectations LONDON (Thomson Financial) - MAMA Group PLC reported a swing to a pretax profit in the first half and added that it expects a strong second half in line with market expectations. The music and marketing company posted a pretax profit of 930,000 stg for the first half ended Jan 31, 2007, compared to a restated loss of 90,000 stg a year ago. Turnover grew to 5.48 mln stg from a restated 3.82 mln last year. The company said it expects further material growth in the next financial year, boosted by the completion of the acquisition of the Forum Club and Hammersmith Apollo venues, combined with the ongoing organic growth of its three divisions and recent investments. TFN.newsdesk@thomson.com See Full RNS @ http://www.investegate.co.uk/Article.aspx?id=200704260700515365V

Thursday, 26th April 2007 08:59 UK smallcap opening - Domino's Pizza ahead on update LONDON (Thomson Financial) - Buyers showed an appetite for Domino's Pizza, 27 pence ahead at 722, as the pizza delivery company reported a strong start to the year, with system sales in the 16 weeks to April 22 2007 ahead 24.0 pct (2006: 18.9 pct) to 86.8 mln stg (2006: 70.0 mln). In the same 16 weeks, like-for-like sales in the 404 mature stores (2006: 357 stores) were up 14.6 pct (2006: 8.8 pct). In response, Altium Securities said it expects the current strength in LFL sales to moderate as the year progresses, but still believes there is potential for its revised LFL sales expectation of 8 pct (previously 6 pct) to be exceeded. Should that prove to be the case there is a likelihood of a further upgrade later in the year. That said, the broker is today upgrading its EPS estimates by 3.3 pct and 4.4 pct for 2007 and 2008 respectively. Meanwhile, Altium's target price of 880 pence provides for upside of more than 25 pct and the broker, therefore, retains its 'buy' recommendation. tf.TFN-Europe_newsdesk@thomson.com

Well needed GedW, I'd given up on these!

Rolling On with several Buys this morning.

SP closed yesterday @ 104p following an SP avalanche over recent days. Opened this morning @ circa 108p / 108.50p dipped, then upto 114p a level of resistance @ 113p or thereabouts, finishing @ 111.75p. Has held up well for the day in my book. Didn't expect wonders in one day. Looking forwards to more good news!

This has flown over the last six days, was at 7.5p on 19 April, the CEO and FD increased their holdings over recent days which probably helped to encourage buyers following the news that Supercart FY pretax loss widens but sees 2007 to be turning point for company. "Is there more at the door" as Tommy would say?

Nice to see the reach to 500, knight. Was looking at the Graph over 5 years, looks like it could go way ahead on further good news & the replacement for Chris Rickard,Finance Director. Fingers crossed!

Worth keeping an eye on. Sovereign Oilfield adds Vertec and Labtech to stableMARK WILLIAMSON April 25 2007 CommentSovereign Oilfield Group has committed £7.9m of the £50m war chest it lined up in January buying two firms in deals which underline the transformational effect of the boom in oil and gas markets on valuations in the sector. The Aberdeen-based services group has paid £6m for ABZ Group which owns the Labtech fireproof cabins business, generating a seven-figure windfall for the sector veterans and venture capitalists who bought the firm in 2005. The company has paid £1.9m cash for another offshore accommodation specialist, Vertec, whose controlling shareholder, John McIntosh, will pocket £1.3m of the proceeds. advertisement Following the takeovers of the two Scottish firms, Sovereign has completed nine acquisitions in the four years since the company set out to act as a consolidator in the fragmented oil services industry. See Full Article on C&P: http://www.theherald.co.uk/business/news/display.var.1352204.0.0.php

Wednesday, 25th April 2007 10:19 Stockcube plans to return cash to shareholders after FY pretax almost doubles LONDON (Thomson Financial) - Stockcube PLC posted an almost-doubled full-year pretax profit, and said it plans to return cash of 25 pence per share to its shareholders. It hiked its dividend by 33 pct to 1.0 pence. 'The current year has started satisfactorily and we expect continued and sustained growth in our business for the foreseeable future,' said chairman Edward Forbes. The company reported a pretax profit of 488,000 stg for the year ended Dec 31 compared with 251,000 stg the year earlier, as sales rose to 2.71 mln stg from 2.42 mln. TFN.newsdesk@thomson.com RNS. Re:Results C&P: http://www.investegate.co.uk/Article.aspx?id=20070425094345M3294

hello dasv, welcome aboard. These guys are wise don't worry about the cash. Looks like you have been doing your research. Good luck

GFM is moving upwards towards 116p. The SP has come some way since the low of early March. Results out soon and hopes of good news.

Hi dasv, Great performance from AU. Thank you for the info, this is indeed a company worth following. Have a good day

Well, sold two sleepy stocks and placed it all on RCG. Good luck to all who have taken a slice.

dasv, good morning, I agree this is most mysterious. The fundamentals for RCG look extremely solid as you say. Lots of large drops on Stocks yesterday, and I am convinced RCG will bounce back. Business is as usual, we shall see.