Member Info for Mike59

Yes an interesting few weeks ahead which should provide us with more clarity on proceedings .I believe they have had the blessing from Latin America for the merger which is good, now the rest! I agree R3D2, if all the remaining hurdles are met then this is a bargain - All the best

Hi SSB11, Yes your example is pretty close, I make it a few pounds less but I agree with your general summary - All the best.

Well lets hope that this set of results concludes the consistent bad news ! We are down to a NAV of around 10p now and the Management team are consistently blaming the poor environment and downturn in mining etc...etc. but if you take a look at the report it reflects consistent bad results/news in other investments also which must show some dubious decision making at some point along the line. The only positive for me is the possible asset value in the Mandel project but will that ever improve on its current low valuation ? They have included a somewhat positive outlook statement which I have attached below :- The outlook for the sectors in which the portfolio companies are active remains unclear, although there have been a number of positive developments after the end of the year. We remain convinced that our Chinese investments are well positioned to benefit from long-term trends in the Chinese economy and society. In Mongolia, the conclusion of the deal to fund the underground mine at Oyu Tolgoi removes a significant negative factor, and could provide the basis for a longer-term re-rating of the country's mining sector. We continue to review opportunities for divestments in line with Origo's revised Investing Policy, however, we will only propose opportunities to the Independent Directors which we believe will deliver appropriate value to investors.

As far as I know John, the dividend payments for each company run as per norm until completion of the deal, therefore there should be no additional benefit in either camp. The 50% or so premium that Shell offer is based on a very low BG price - 890p and doesn't take into account the underlying value of its assets, hence the inflated price - Best regards

Good informative posting commonstock . I topped up yesterday, its still a long way to go and with a couple of hurdles along the way (namely regulator and shareholder approval) but the fundamentals are good here. Even if the deal doesn't get passed these are solid companies in their own right - good luck

BG have a useful posting on their website and I have copied an extract from it to give you an approximate idea of what is on offer here. As for time scales etc. these will be a bit sketchy as the regulators have to approve the merger but at present I believe they are talking of Q1 2016. I hope this helps,- Best regards:- RECOMMENDED CASH AND SHARE OFFER FOR BG GROUP PLC BY ROYAL DUTCH SHELL PLC Summary The Boards of Shell and BG are pleased to announce that they have reached agreement on the terms of a recommended cash and share offer to be made by Shell for the entire issued and to be issued share capital of BG. • Under the terms of the Combination, BG Shareholders will be entitled to receive: For each BG Share: 383 pence in cash; and 0.4454 Shell B Shares1 • Based on the 90 trading day volume weighted average price of 2,170.3 pence per Shell B Share on 7 April 2015 (being the last Business Day before the date of this Announcement), the terms of the Combination represent: - a value of approximately 1,350 pence per BG Share; and - a premium of approximately 52% to the 90 trading day volume weighted average price of 890.4 pence per BG Share on 7 April 2015.

Hmm, June 12th should prove interesting . I wonder how much the " Substantial reduction" in the NAV will be ? but then again how long is a bit of string ! One good thing is that the share price seems to have bottomed otherwise we would surely have seen some downward movement after the wording in this notice.

Yes I did mention Rio and the long term highs in the Chinese markets etc. but no reaction. Origo's holding "Kincora copper" is in the same world class Oyu Tolgoi copper belt of Mongolia as the Rio deal which should prove to be advantageous, lets hope someone is interested in Gobi and Molyworld? All the best Cadbury and will post if I hear anything else.

Cadburyhill, HawkA1, et al ... Well I finally managed to make contact, I asked for updates on their strategy regarding sales (future and present) and that it would be beneficial for investor relations to keep us updated as these progress. They assured me that the management team are making every effort to sell the assets in the allotted time period and of course with the shareholders interests in mind. Was also told that an update on matters will come shortly. I took this as a positive and at least they did eventually get back to me after chasing them up a couple of times. Finger crossed for a good update ! - All the best

Yes am with you on this one CH, its another of my "Lemons" that has plummeted so far that the turn should be just around the corner. I also have (PTF) and (KSK) which are similar, whereby I have held on to them because I cannot believe that they will not eventually improve. I am on a purge at the moment and am chasing the management teams, I have had some luck with (PTF) but (KSK) are not responding at all. For what its worth I have sent out a mail to Origo today asking a few questions on performance and share price etc. I will put up a posting if I hear back.

This is another one of those investments that has performed very badly yet the overall concept of owning forestry around the world which deals with the popular Timber commodity should provide stability and income or so one would think...... Again this has been very poorly managed in the past and caused many share holders such as myself heavy losses. A few months ago a new management team (Stafford) took the helm and after much chasing managed to make contact with them. I was informed by one of the senior guys there that they had spent the initial period reviewing the performances of the portfolio and he sounded confident that they were near to turning the ship around. This will not happen over night but as this is another one of my " Lemons" I was pleased to hear genuine positivity at long last after the poor performances of the previous management team. I for one will be sitting tight and monitoring .

Further downward moves today, I know the general markets are heading south but this should have hit bottom some time ago. I am going to try to contact them for some information, hopefully I will get some answers ?

Down some 4% today, really thought this had bottomed and we would just see upside. With the climb in the Chinese markets over the last few of months I cant believe this is going in the opposite direction, smacks of poor decision making from the management over a long period. Wonder if they will ever get their act together??

Have held this share for a while now and wonder why its performance is so poor. Am aware of issues with coal purchase etc. but still puzzled as to why a company with such a good concept of power generation in India has had such long term underperformance, especially as other competitors (OPG) that produce less power seem to have a better outlook. Does anyone have any information ?