Member Info for horace678

That would have been my purchase - I bought online without any problems.

Hi, yes I was just looking at that and saw the big rise today. Wondering if I should still get in. I just haven't done enough in-depth research, so it's a bit like gambling without it...

Judging by the RNS, it sounds as if there will be a number of buyers, as the wording talks about more free float. I'm going to get out of RST as I tend to follow Ashcroft's moves and one needs to know when to sell!

It was Lord Ashcroft (aka Geraldton). At one point he owned over 50% of the shares, but now it looks as if he's happy to cash in.

BTW, which would you recommend more out of GNG and BSST? Had a look at BSST and seems extremely undervalued.

I've been waiting for this one since 1999 (remember Ashcroft's battle with the Times newspaper?) The share price of the predecessor company Carsisle Holdings dropped from 870p to 108p and I'm still waiting...

Thanks for the tips. Recent events which also indicate towards paring down BCB as a company for sell-off are 1. de-listing from the Trinidad Stock Exchange 2. concluding complex litigation with the Belize government. 3 Selling of non-core asset in the form of Caye Chapel island.

This share is a little beauty and Ashcroft knows it. I have been studying Ashcroft directly since 1995 and indirectly since 1979 and having little beauties hidden away it Ashcroft's style. I think there will be no wake up, the money will be made when Ashcroft sells the company, which I think he is preparing to do (see my post here from Dec 2012).

thanks for your thoughts.

Good move to buy, IMHO. Do you have any particular source of news for this share?

He likes people to think he's untrustworthy, whereas fundamentally he does good work. Buyat20 would know.

Thanks. Meanwhile see news over at Shellproof (SHLP). Progress at another Ashcroft company.

Wonder if getting rid of the island is one of the conditions for selling off the Belize Bank to one of the big American banks (which is what I think Ashcroft is going to do). BTW, why would Ashcroft need to go through due diligence if he was selling Caye Chapel to himself? Would this be compulsory whether selling to himself or not?

Divesting the island to himself, thereby paring BCB down to a pure financial services concern. Reading the Amandala report, BCB "acquired the property in lieu of a US$30 million liability Caribbean Holdings Inc. (CHI) held with the bank."

http://amandala.com.bz/news/ashcroft-sells-caye-chapel-us30-mil/ Possibility that Ashcroft is divesting Caye Chapel to himself, which is believable and makes sense of the fact that the island is being sold at book value.

Think of it this way. The island is worth more than the market value of the company, so the financial services bit is thrown in free.

True, though the press release says that the island is being sold at book value. I think the island belongs to the section of the accounts where is says "Other assets: US$37.9"

The impact of the failed litigation with the GOB can be seen in the results. Meanwhile, the disposal of Caye Chapel island might be a further step in the direction of boiling the company down to a saleable concern.

http://amandala.com.bz/news/88-mil-gob-victory-ccj/ So it looks as if a sum of £13m won't be landing in the bank's coffers after all.

it looks as if dual listings, including BSX, qualify the shareholder to transfer/buy the shares in a Stock and Shares ISA: hxxps://www.barclaysstockbrokers.co.uk/Accounts/Investment-ISA/pages/Dual-listed%20ISA%20stocks.aspx If the shares are going to go up sharply soon, as I think they will, we could save ourselves a hefty CGT bill by transferring to the ISA.