Member Info for horace678

This share will be the next Marlowe which started at 50p, reached 1000p and was sold off at 400p. The company grew through a series of acquisitions.

Gazzleberry, I left a message for you on the CIHL page, thanks

Dear Gazzleberry, I am now the owner of 29k shares in WIHL which I have held either as WIHL or CIHL for many years. Do you know anyone who might be interested in buying them if I make them available on Jenkins? I would normally continue holding but I might need the cash...I look forward to your response...Regards

I still can't find it.

Can you tell me the name of the group on Telegram where shareholders can liaise. I can't find anything under CIHL or Carbbean...

Yes, I'm still here...

The units are subject to a compulsory redemption. Wonder how much we'll get for our units?

Best of luck. I'll still waiting for CIHL.

Interesting news!

Certainly the chart is very bottomy.

What is the ticker?

Happy New Year to you too, Sir. I'll take a look...

We're all in for the long-term....the story is going to run and run...

http://www.7newsbelize.com/sstory.php?nid=46011

https://masterinvestor.co.uk/evil-diaries/evil-knievil-i-live-in-hope/

Incorrect re Midway - there were two arbitration awards in relation to the Belize Bank. See footnote 16 of the Annual Report 2017. Midway is 16 (i) while this award is 16 (ii). The Midway award (if it comes through) will be worth around 20p per share as a dividend.

If you have fewer than 1,000 shares, you will get cash payment for your shares. If you have more than 1,000 shares you will keep your shares. On the basis of precedent, there's a chance the shares will be divided by 1,000, e.g. if you have 10,000 shares, you will get 10 new shares, but we'll have to wait for the full circular to see if this is the case.

I think the SP movement is due to regular PI's buying or selling the shares. The shares are illiquid so it doesn't takes many trades to move the price.

Shareholders will get shares in a new company ("Midway") which may return $27.5m if the arbitration award due from the GOB is received. The amount of $27.5m is currently included on the CIHL balance sheet as "GOB receivable". With its transfer to the Midway balance sheet, the remaining net value of CIHL would be approximately $30m (or $0.30 / 24p per share). Of course, the market value of a company can exceed the NAV if the outlook looks good! In addition, there is a second arbitration due from GOB which hasn't been mentioned. So I would cautiously expect CIHL shares to be worth at least 24p each with the possible bonus of another 21p per share if the "Midway" arbitration award comes through. And a further bonus not yet discussed from the second arbitration award.

"On February 7, 2017, CIHL filed an application in the Belize Supreme Court to discharge the injunction and to strike out the underlying claim. The hearing of this application is scheduled to take place on February 27, 2017."