Member Info for Karina1

I think that's a fair assumption, part of the 7Mobile deal? And then there's the small matter of Qeton AP Vos & Seuns and if that's tied up with Desmonds and the new listing, when it eventually is delivered- "Desmond Investments in September 2014, it announced that it was going to acquire A P Vos & Seuns, a South African macadamia nut business for $65 million with the consideration split half in cash and half in shares" A tangled web.............!

Hi CJohn I believe CRV hold a 50% stake in Qeton so doubled the valuation attributed to CRV in the interims. Either way its a hell of a performance after less than 6 months. Who bought the single share!?

Hi CJohn I believe CRV hold a 50% stake in Qeton so doubled the valuation attributed to CRV in the interims. Eother way its a hell of a performance after less than 6 months. Who bought the single share!?

02/03/2018 Panda invest �15 million in new plastics recycling facility in the UK 06/03/2018 Panda Power gets clearance to enter consumer gas market

That's a very interesting point CJohn A business that was not trading in May 2017, achieves a value of over $3,500,000 in less than 6 months. Best hide that very good news away in the interims then.......!

No update at all I am afraid Steve and it would appear to scupper the Vos deal, if it was ever on the cards but who knows outside CRV. As a mate has suggested though, have CRV already lined up a buyer for the SA assets? Otherwise why on earth would you announce to potential buyers that you intend to withdraw asap, doesn't exactly strengthen your negotiating position does it? In particular - " Specific make-whole provisions have been agreed upon and will be offered to the Company by DLC Holdings regarding the valuation of DLC Holdings� principal asset, the macadamia processing factory. These state that if the asset is not generating an EBITDA equivalent to $400,000 per annum or is not sold for a minimum value of $2,500,000 within two years of the completion of the DLC Transaction, then Craven House will have the right to appoint a valuation of the asset. If the sale figure achieved upon sale or the valuation fall below $2,500,000 then Craven will be issued additional shares in DLC Holdings up to a maximum value of $750,000"

Craven House to quit South Africa and look to US opportunities 13:00 28 Feb 2018 The company has said it is seeking to exit its South African investments while market sentiment remains positive Craven House Capital PLC (LON:CRV) is to exit South Africa and has begun to look at small-cap opportunities in the United States. The AIM-listed investment group said the frailty of South Africa's� economic and political foundations had been masked by yield-starved foreign investors and the ANC power transition. Investment opportunities in the US New president Cyril Ramaphosa's warm welcome by money markets had given it an opportunity to exit while market sentiment was positive, it added. Craven will retain its investments in Angola, despite being what the company described as �a very volatile and risky place to operate�. The company also said it has been researching investment opportunities in the US, a destination that emerging market specialist Craven itself described as �unusual� for it to look. Changes in the US tax code, a low-interest rate environment and the flood of capital into index funds and away from small and micro-cap companies had created attractive opportunities, said Craven. Net assets at the end of the half year to November were US$24.7mln, down from US$25.3mln at end May. Craven House shares dropped 5% on Wednesday afternoon to 4.45p.

4 week trial starts 5th June

It has the look of the MMs working it to me. You can currently sell over 6500 shares and buy 15...... Level playing field? Not a chance.

Hi Steve All I can say is that I have the submission form on my desk, stamped by Companies Registration Office with 8.844 million shares allotted to Craven House Capital Plc on the 7th February There is, in my opinion a potential mistake on the form, which may be why there's a delay, but perhaps not. According to the rules, once this form is submitted it cannot be rescinded without a High Court order. If we were not all wary of AIM and CRV we would be selling out first born to pile in (more) here.....

You may well be correct CJohn, lets hope so. Other option is to purchased AP Vos and Seuns the long outstanding macadamia farm purchase....

You would think so Spot, Friday around 6.36 pm perhaps? Just having a read up and it seems that this is happening, the B5 form was submitted on the 7th February "Warning : Subsequent amendments to the particulars supplied on the form cannot be accepted by CRO pursuant to section 122(5) where the effect would be to reduce the amount of the company's issued share capital. "

Amount of shares allotted is 8,844,400 by the way. Current shares in issue 2,499,038

Its on Irish Companies House Steve, I had to pay to get a copy but to my untrained eye it makes for very exciting reading

Craven industrial issuing new shares.......

Morning Scargs Back in 23rd Feb and shows as "Directions" which I assume will be based on reports submitted to the Court pre Christmas. There is no date showing as yet for the trial commencement.

Indeed it is a shame they have repaid after such a short time CJohn. Though if CRV cannot identify anywhere to re invest this money they could always pay a dividend, works out to be 5% by my maths and I am sure we would all welcome that.

FMCD Ltd partially repay Convertible Loan On the 3 October 2017, the Company announced that it had extended a $1,500,000 convertible loan (the "Loan") to FMCD Ltd ("FMCD"), a company specialising in the import, distribution and sale of lubricants and food products into Angola. The Company announces today that FMCD has repaid $678,000 of the Loan. The remaining $822,000, which carries interest of 5 per cent. per annum, is due for repayment on 30 September 2018. Further announcements will be made as appropriate.

The results confirmed Vidacos Nominees Ltd � 16.5% WB Nominees Ltd � 15.5% Mr. Martin Brink � 9.6% Desmond Holdings Ltd � 9.4%* Xenod Tour Oikod Epeix Afon � 8.2% Platform Securities Ltd � 5.4% Amber Fortress s.a.l. � 3.8% HSBC Client Holdings Nominee (UK) � 3.3%

Its been updated, though I have to say I am confused Vidacos Nominees Ltd 12.6% WB Nominees Ltd 12.3% Desmond Holdings Ltd 9.4%** Xenon Tour Oikod Epeix Afon Daktylidi AE 8.2% Chase Nominees Ltd 7.3% Peter Gyllenhammar AB 5.0% Ferlim Nominees Ltd 3.6% Platform Securities Nominees 3.2%