Member Info for Fregatr

NAV over 105. Surprised we are not a bit higher. Not bothered as I hold these for the income and currency hedge so not looking to sell but we were tracking the market before the recent fall.

They seem to be making good progress. A couple more sales and we should begin to see some real value. Good luck mate.....

Just been recommended by my broker so have joined the club for a few. GLA

Well done the patient....happy days but still a long way to go. Just need to give GDL a kick up the backside. Should filter through soon.

Properties sold totals about half the exceptional loan from Barclays. Gennevillers €7.4m and Vitry €5.7.m so we are well on the way to sort the IRS swap out.

Took back a small amount I sold at 620 at 454. I am convinced we are near if not at the bottom. One way from here hopefully!

Any thoughts any one? All down to,refinancing......rates are much lower so we should get lower priced loans if the security is sufficient. Barclays are too expensive. But......

Nothing really moving these IMO. GDG shareholders received a small number free for each GDG share and just seem to be selling out rather than building. No point in paying up if they are giving them away. We have a long way to go here before we see a decent return but woth waiting for in my book.

Looks like we have settled and hopefully hit the bottom. Just have to wait for the next update. GLA

Good luck ...hope you make some decent profit here...

I found the results disappointing. We need to loose the Barclays loan at 10% as this relates to less than the rental income to value and will bleed us dry. Selling the two properties was a good start but the refinancing will settle all of this. Problem is, what interest rate will banks charge on 90% loan to value? If it was 60%, it shouldn't be far from 2% but.......let's hope a European bank will step in and make a reasonable offer which should be lower than our current loan average. We need commercial property values to move up in France and inflation which is not looking promising in Euroland at the moment. I've lost too much to sell so hanging in there.

Kline,why do you say buys? All close to the bid?

Last year the half yearly report was mid August so I guess the same this year but always worrying to see the price slip just before one comes out. Anyone heard anything? Bit of a gamble to buy some more but if we are shown to be back on track, could be back to 5-6p.

Even 2.25 m in two trades...I missed one...

1m shares dealt outside the market....odd goings on!

Looks positive to me. ...."It is intended that the Offer should assist in increasing the trading liquidity of the Company's shares. In addition, the Offer would help increase the free float and therefore make progress towards meeting the requirements of a move from AIM to a Standard segment listing on the Main Market of the London Stock Exchange, which the Company is currently considering." More exposure will bring rewards to all the Greka family IMHO. Back over 600 soon I hope....

Some nice buys going through an two big ones today from 20th June. MMs must be sweating....

Might have been bad results but no surprises and very low volumes.. These were free shares and I just topped up at 4p for the interest. No quick bucks here but could easily double with good news IMO.

IMO this is a recovery share. It worked well for some time with good dividends then the disaster the IRS . Hopefully property values will move up a bit more in France and Spain after the central bank intervention and then with a few more sales Barclays should be paid back and dividends restarted. Bottom drawer for me where it's been since I paid 20p!!

More of an implosion...I hope you meant £!!!