Member Info for horace678

Ashcroft's response: http://amandala.com.bz/news/ashcroft-group-sue-us60-mil-2/

Part of the long battle of the Belize govt against Ashcroft. It might argue in favour of Ashcroft quitting Belize for good and regrouping his forces elsewhere in the Caribbean.

http://www.wihl.com/pdf/13062013_waterloo_bisl_press_release.pdf

Ashcroft owns 75%, his directors own 5%, a hedge fund called Royce in Seattle owns 10% and that leaves 10% for you, me and everyone else !

Yes, directors' dealings are usually auspicious. On the other hand, you could argue that the BCB shares are few and far between and that the directors are "full up" with shares.

IPEL doing well, but those of us who have been around for a decade are recouping the money they lost in the old days. Meanwhile, BCB is my main hope.

I have small holding in DODS, as I do in all of the Ashcroft shares where he has a significant holding.

As you say, BuyAt20, cleaning up existing litigation to make the company more saleable.

http://amandala.com.bz/news/ccj-hears-belize-bank-appeal-bz43-mil-lcia-arbitration-award-gob/ What a palava ! It looks as if BCB is still fighting for this amount which is worth around £13m. Good news for us shareholders if BCB wins. Hopefully this will be end of the complex litigation with the Belize government.

See today's news about Cheryl Jones exercising her options and not retaining a significant holding in IPEL any more. Does this mean that Ms Jones think the shares have run their course and have reached a sellable price? Or is there more to come?

This was the same number of shares acquired by BCB and I'm not quite sure why. Could it be that BCB and WIHL demerged, but not on the Trinidad Stock Exchange, so if they bought up 105,769 shares in BCB (in order to complete the delisting), they had to buy up a simliar number of WIHL shares?

Our dividend payment is due tomorrow (10 April). 35p per share. At the present share price, a yield of around 9%.

BCB must be the next big'un. But I think it'll be all in one go, rather than the gradual rise that IPEL has shown.

That the record date was earlier than thought because of the long weekend. Something like that ! At any rate, the dividend value has been factored into the share price as expected.

There were some comments about this at the ADVFN forum.

Yes I still follow Restore, but were not MVW shares much higher at one point? Note how Lord A is happy to own less than 50% of the RST shares now. Btw, you talk about a following at BCB, but it doesn't really matter if it has a following or not, as Lord A owns c 75% of the shares so he has the only say in whether the company is sold off or not. I don't think the shares will necessarily rise to more than 30 or 40p due to investors buying them. They will only go up seriously when Lord A gets rid of the company, which I think he is planning to do.

Notice how Lord A sneaked out the news of the delisting from the Trinidad stock exchange at 5pm on Friday afternoon. When people are least likely to be paying attention.

Yes, I personally think Ashcroft is quietly winding things up at BCB and that this will be the next super-riser - I think the shares could be worth as much as 150p. Oh Lord, hear our prayer!

The shares should of course be worth much more than 37p. I wonder if a delisting from the Bermuda Stock Exchange will follow next. Note that not a single share has changed hands on the Trinidad Stock Exchange, while, as far as I can tell, there have only been three trades during the course of BCB's time on the Bermuda Stock Exchange.

Further evidence to support my theory that Ashcroft is winding things up at BCB. http://www.investegate.co.uk/bcb-holdings-ltd--bcb-/rns/trinidad-delisting-and-treasury-shares/201303221700027089A/