Member Info for horace678

Thanks for the festive greetings. The director buy here presumably can't be an indication of an imminent sell-off otherwise the director (Peter Gaze) wouldn't have been able to buy in the first place (I'd have thought).

Director buys - always a good sign - I think things are warming up to a big sell-off (still)

The assets of the company are £7.12m, while the market cap is £14.5m, so it look as if the shares are valued at twice their net asset value.

There's a slight loss, but there's a thin line between loss and profit. http://www.investegate.co.uk/bcb-holdings-ltd--bcb-/rns/half-yearly-report/201312161621526720V/

I agree, the price has gone up on exuberance, while the literature says that it may be many years before results are seen at the vineyard. I sold some at 77p, some more at 98p, might hold on to my remaining tranche for a while.

http://amandala.com.bz/news/lucas-magnus-owes-29000000/

What is Chapel Down valued at?

I will consider topping up a few if the price goes down a bit more. As I say, this is a slow burner, but as you know I believe that Ashcroft is stripping the company down to the bare minimum with a view to disposing of it, and that this will come to fruition in the next six months to a year. I think it is a case of buy the shares and then file them away until that day comes. I don't think the share price will move much until then. No quick bucks to be had here! Re BSST, you live and learn. Meanwhile, at least GNG has brought me a bit of pocket money.

Funny how the markets makers mark the price down (with no shares sold) even though it is very undervalued already. When the island is sold, the cash in the bank alone will be more than the market cap of the whole company!

Slight loss of $0.9m in the first quarter results, but of course there is a thin line between profit and loss.

Don't expect instant results with WIHL. Think it will take years before you see a return on your investment.

If you want a *real" Ashcroft beauty, check out WIHL at www.wihl.com, equally undervalued by 4x and a giant of a company. You can only buy shares at http://lmmx.co.uk. As I say, Ashcroft likes to do things beneath the radar.

Smudgedan bought some - see GNG posting.

Thanks for the tips about BSST and GNG, bought both and nice paper profit so far. The man behind BCB is of course Lord Ashcroft (owns 75%) who likes to keep the share price supressed because he's that sort of person. I don't think the market will wake up to BCB in particular. It might go up to 30p if there are rumours and then trickle down again. Instead, I think Ashcroft is getting ready to sell BCB and that is when we'll make out money - all in one go, at the end. The most recent precedent for this technique is when he sold off OneSource in October 2007. A similar situation with the share price pre-sell off at around 30% of the NAV. When sold, the final price was about twice the NAV (an increase of about 6x) http://www.reuters.com/article/2007/10/09/idUSL0812953420071009 I have been studying Ashcroft indirectly (via my old man) since 1979 and have seen this type of sudden corporate action many times.

Re BCB, see my long two-part post entitled "My thoughts" from Dec 2012 about what is going on at BCB and why I think the shares will be worth a multiple of their current value soon.

The alleged sells today were at 3.35.

Yes, I got out when Ashcroft did. I have a relatively small holding in RST, however, so not a big deal. The fact that institutional investors are picking up the shares that Ashcroft dropped suggests that they RST has some way to go, in their opinion. Let's see what the future holds in store!

Yes, thanks, I got some BSST and GNG, thanks for the introduction.

I have only started following this share, so I welcome your comments.

Should not the apparent lack of shares therefore drive the price higher?