Member Info for horace678

End of Year, company reports a loss. Still it's very cheap at this price: http://uk.finance.yahoo.com/news/BCB-Holdings-Ltd-Final-afxcnf-1057567446.html?x=0

http://www.guardian.co.uk/politics/2011/jun/16/ashcroft-bank-belize-privy-council-row/print

See my news from yesterday.

http://www.guardian.co.uk/media/2011/may/16/kelvin-mackenzie-sports-tonight Nothing to do with Dods, but media nonetheless. Looks like Ashcroft invested a couple of million: "Sports Tonight will broadcast four hours of topical discussion seven days a week, and has more than £5m in financing. Ashcroft has taken a significant minority stake, with MacKenzie retaining control."

http://www.bcbholdings.com/assets/pdf/press-releases/2009/06052011_bcb_directorate_change.pdf This does not mean that the company will go to the dogs without Lord A being actively involved anymore. After all, Lord A has taken a back-seat at IPEL and the company has still done very well.

If indeed it was a buy - there were some whopping trades on 4 May.

The only way can be upwards!

I've googled this outfit and I can't find any connection between them and Ashcroft - I was wondering if Ashcroft would have been using them as a front for further acquisitions...

Yes, I think Lord A is going to do something soon.

A step in the right direction, Cenkos of course being the adviser broker for other Ashcroft companies...

Is a takeover by Impellam a possibility? http://uk.reuters.com/article/2011/03/30/markets-europe-stocksnews-idUKLDE72S16H20110330 Ashcroft generally likes to pick up ailing companies for £1 !

...from late March: http://uk.reuters.com/article/2011/03/30/markets-europe-stocksnews-idUKLDE72S16H20110330

And to think that once upon a time Mavinwood shares were as high as 10-15p.

I have (see my comments below). As for the results, the market cap is a multiple of the shareholders' equity so not necessarily undervalued. I personally think Ashcroft is struggling to find a good business idea with Dods, otherwise he would have acted sooner. I'm wondering if he's going to pull the plug on his proposed plans to expand into digital media.

Not bad results, I've had a look at the website and the company seems to attack on several front, i.e. not only media (books, digital, magazines) but also events and recruitment/training. Wondering if this is a good thing or not as their corporate message seems a bit woolly to me.

Isn't is the case that the big boys (Ashcroft, Simpson) own a majority of the shares, so it doesn't make any difference what the small shareholders decide?

Looks like we're closing down today.

Yes, I'd never thought of that.

Notice how Dawson (DWN) is up 19% today - wasn't there talk at some point of a Dawson / Dods merger?

I don't think the movement with Dods is connected with the movement with IPEL, even if both companies have Lord A as a major sharholder (Dods 26%, IPEL 57%). However, there has been talk for some time that Lord A is going to do something with Dods e.g. (i) complete takeover or (ii) pump in a load of money via one of his shell companies to take him up to 40%.