Member Info for kulabkhan

A very good prospect
Yes indeed. Excellent high growth in the past and looking forward more to come.
Discount to Nav around 18% and narrowing. Plus a dividend currently 2.4 %

Not a share traded or a post on here in 7 days and it’s September.

Remember with high admin and costs Stratex lost £3.3 Million in the past 6 months. The cash balance is hopelessly inadequate at the moment.

Hi Driftking
For me a combination of growth with a good rate of dividends to provide security and comfort is my aim. I also am weighted towards the Asia Pacific are for higher growth, cash flow, profits and growing dividends.
My three largest holdings are HFEL, SOI and VOF (which is paying increasing dividends coupled with high growth)
and then a mix of trusts spread across the globe.
Good luck.

Agreed Mannan

The new CEO is a mate of the former directors. you can read their career histories for yourself there is no factual reason for your overwhelming optimism, There are those ramping here as elsewhere looking for a quick in and out, it’s the AIM way. Stratex Long term record todate is abysmal and facts are needed not ‘ sentiment’ to make Stratex investable.

Re major , there have been far bigger majors involved with Stratex, whilst shareholders saw the sp collapse and asset and cash value disappear. Fact.

Sentiment ! A lot of highly optimistic ramping will face the factual drill results, take care.

Proactive Investors is paid for by the company and infamously backed the Board’s Crusader misadventure which cost shareholders’ £8million. ‘Strong’ news flow is misleading.There will be drill results whether these add up to anything commercial is unknown. What is known is that after spending more than £40 Million over the past 6 years the shareholders have seen nothing but a falling P&L Account and massive declines in Cash ana Asset values. Administration costs continue to erode the pittance left. Should Dalafin produce anything positive the shareholders will not see it, As it joins the more than £40 Million squandered in the past 6 years.

The P&L lost another chunk this time £3.3 Million in the last 6 months.

Down the share price goes to yet another all time low. Stratex has a Chairman in place still who fought tooth and nail against the majority of shareholders and has overseen the collapse in the share price as more than £40million pounds in cash has been wasted since 2013, excessive admin charges eat away at the remaining pathetic cash as huge fees have been paid out against shareholders interests. Stay clear imo.

Amongst the £40 Million plus spent by Stratex since 2013 was £5million on Dalafin which proced nothing commercial. Good luck if they do find anything it will all go the same way as the £17million cash they had in the Bank in 2013. Shareholders saw none of it except for declining value and losses to the ongoin pittance of a a share price and value.

Dividend now 3.41% (source Bloomberg) and discount to NAV now 17.41% as the Vietnamese Stock markets been on rising trend over past month. All trends in the Vietnam economy are positive with Strong company profits growth, rising consumer demand and economic growth, low inflation and positive economic outlook. Companies reporting increasingly positive cash flow and dividends.

The new quarterly dividend is 5.5 pence which over the next 4 quarters represents 6 percent dividend, at today’s share price. Henderson’s have reliabley increased their dividend rate over more than 20 years.

As far as I am aware HFEL has always been Registered in Jersey which has the advantage for shareholders that there is no Stamp Duty on transactions.

Touched 6% dividend again and added. August should see usual (for past 20 years or so) Increase

Stratex is a milking cow for over large and over paid directors and management. The raising will keep the gravy train of gross administrative expenses running for another 18 months. For the past six years all management have done is to spend cash and flog off assets one after the other. At least £40 Million has been blown and the poor shareholders have seen the value of the company collapse. Cameroon is not going to produce any cash for years. There has been no effort to cut outrageous Admin costs. The Chairman in place throughout all this showed and shows disdain for shareholders.and should have resigned long ago. In the unlikely event of there being any luck the rewards will disappear just like Oksut NSR and Altintepe. Stay Clear. Not for shareholders.

Market up 3.45% today in Vietnam (Vnindex Bloomberg Monday)

Dividend now 3.34% per annum according to Bloomberg. VOFs share price has risen very strongly over the past year reflecting the undented and ongoing growth in the Vietnam economy and earnings. VOFs sp has seen profit taking recently with no underlying reason, the sp is heavily discounted against the net asset value and after a year of strong growth in VOF sp some profit taking was perhaps inevitable. Continue to hold and add.

Sorry my error alter Exec-Chairman in above post to new CEO