Member Info for MegaTron1981

Wang is high calibre. Clearly the brains of the whole OPP imho. Big dog in China. Carnegie, Forbes List, ex Wall St. There are a lot of Yongs mate. Plus Fong is Malaysian... Who knows. But if Fong is buying now, I'm buying.

The Russel brand signs cryptic stuff was over my head sorry! Lol

Good spot re armstrong-spps. 3 ii's invested in celadon: spps, OPP, bakersteel https://markets.ft.com/data/announce/detail?dockey=1323-13187012-46NS23DNHP9K3KPUPQ4PQ4A07Q . Just checked and Armstrong has 3.44% of Bakersteel too https://m.marketscreener.com/BAKER-STEEL-RESOURCES-TRU-39434233/company/ I always imagined one person brought those the iis along and given Fong is Also owner / director of a company called Connectchina... Got me thinking it's him- see penultimate sentence below

"ConnectChina was established in 2004 and we provide a range of business support services to help you to develop business with China.

We have an office in Shanghai and the UK and with our bilingual staff experienced in both international trade and business, we can help your business to succeed in China.

We work with companies selling or sourcing from China as well as companies looking to set up a presence and looking for investment partners.  Our clients range from micro companies to multinationals, various sectors, private and publicsector."

MIRA suspension pending an update. Sense in about to miss out again after recently selling. And there was much rejoicing

Sax/Cam (that almost sounds dodgy), Also heard back from O P P management. If you want I can fwd you what I got. No info obviously but very interesting reply none the less. Super underscore Gib bs at Hot mail dot cm. Took a few more O P P today with the change in my account. My portfolio is down 25% since year highs. Do I not like that.

Back in Feb I emailed Dr Y Alshamarri who took 3% of TYM. Got a reply yesterday and he thanked me for email but said it wasn't him. Will the real Dr. Y Alshamarri please stand up please stand up.

Positive CLNR RNS

What's your thinking re risk, Cam? Macro? Isn't this the type of gov-backed infrastructure deal that is sought after during a correction? Also what's CRA? Your pissed up market musings are usually good for entertainment value at least. Talking of pissed up musings, has anyone checked out Athletico Mince (Bob Mortimer)? Very silly. Right up my street.

Yeh, but it's odd as those were the timelines Hanno mentioned in previous interview. The big news of the day on NCCL for me was www.thenational.ae/business/economy/ge-and-two-banks-ink-financing-for-iraq-s-power-sector-1.795650 Moz far more stable than Iraq, but GE and its banking partners still investing. I have been v concerned about GE. Both the level of debt it has and the increasing cost of financing it is facing. It pulled out of a deal a week ago in Nigeria (again with AFC), but they said it was because it was non core GE business (railroad infrastructure). Now this Iraq power investment is publicised, I feel a little more confident that Culp isn't just switching off the funding tap just yet. He is trying to rapidly reduce their debt like by selling assets, but deals like this are the future growth of the power division. If there's going to be a turn around in Power, it's these deals that will drive it.

Business thing sucks, dude. Sorry to hear that. At least you had the balls to try something! I've been nursing/working on a software concept for years -procrastination max. I'll never get round to it. Pity as it would've saved the world lol

"a significant sum" said SPP, which suggests to me it's more than they paid. Re broke- Assume this is a big external purchase /expense as opposed to trading loss? Not a bad time to be out of market tbh! Still think the DOW will recover? I think if China-US sort trade out it will fly, otherwise, maybe we've had the top? Up 10% on IG. Just messing around. Still don't trust myself.

*gone

Welcome on board Saxxxon. How'd you go about buying the Prefs, Cam? Given they get the larger % initially it does seem like the place to be. Really hoping $GE don't choose the next few months to end their 127 year existence and simultaneously kneecap my NCCL investment. I've given big (for me) on that and INFA.

See EUA has done 250% since you mentioned it around 0.3.

Conversation started here http://www.lse.co.uk/view-general-chat-thread.asp?forum=general&thread=3C74DF3E-0AF9-442F-9F00-F967FC235EFC&page=112 - Cam and I posted some research, if you want the nitty gritty. http://www.lse.co.uk/view-general-chat-thread.asp?forum=general&thread=3C74DF3E-0AF9-442F-9F00-F967FC235EFC&page=112 It has been a disaster of a company. The previous management was horrendous - worse case scenario possibly criminally. You'd be forgiven for thinking massive fraud had been committed prior to the new BOD taking over. The new BOD incl ex forensic white collar crime investigator Mr John Chapman. They have history of taking over these basket case companies and attempting to realise some value for the ripped off institutional investors left standing. Cam spotted it. New BOD have now largely written off most of their assets and he thinks there is some potential for some pleasant surprises e.g. Celadon Mining's Chang tan west coal asset...worth a gander. good risk to reward. don't bet the farm :) dyor etc

Sent my research to the BOD, so we'll see what they think

I don't think the unipower story is over. My google research over summer (posted on here) suggested everything incl patents was transferred over to a new legal entity/joint venture with Huanyu, called Huanyu New Energy Technology Co. Ltd.". Could be wrong, obviously.

"We work with companies .... looking for investment partners [in China]. Our clients range from micro companies to multinationals, various sectors, private and publicsector." Perhaps St Peter Port were a Connectchina client and he had his own interest also?

For me it's interesting that he started/started increasing his holding above the 3% notifiable level AFTER everything went 'titsup'. Not quite sure on the St Peter port link. Can't be coincidence.

Fong Bin Yong research "fong bin yong

Director or Armstrong Investments Limited

Malaysian National

Director of some very British family name sounding businesses.

Grand standard bearer in the Masons.

A landlord and developer who's having problems with council planning. Recent planning application appeal rejected by kirklees met council.

Certified Chartered Accountant although FCA has his Appointer Representative status as "This is an appointed representative (AR) that is no longer an agent of an authorised firm. Do not start to do 'REGULATED' business with an AR that is no longer registered."

Also owner / director of a company called Connectchina

"ConnectChina was established in 2004 and we provide a range of business support services to help you to develop business with China.

We have an office in Shanghai and the UK and with our bilingual staff experienced in both international trade and business, we can help your business to succeed in China.

We work with companies selling or sourcing from China as well as companies looking to set up a presence and looking for investment partners.  Our clients range from micro companies to multinationals, various sectors, private and publicsector."

This guy will have contacts in China. Does he have a better grasp of situation there than us. Undoubtedly.

However he's been in for a while

4.5% to 5% today
3.9% to 4.5% on 25th Oct 2017
Sub 3% to 3.9% on 7th Sep 2016 (the day of the restoration of trading following period of suspension amidst a shedload of bad news while likes of Deuchebank and Rothschild were selling down to zero. He had 10.5m before crossing the 3% threshhold to 14.1m

Interestingly the last RNS said this at the bottom...

"Place of completion
St .Peter Port, Guernsey"

Which rings a little bell :)"