Member Info for minted1day

http://www.microsofttranslator.com/BV.aspx?ref=IE8Activity&a=http%3A%2F%2Fwww.investor.bg%2Fnews%2Farticle%2F109454%2F122.html Real estate Investment company Engel East Europe N.V. has started the procedure for liquidation of four Bulgarian companies, reported by the company. The companies concerned are EG Company EOOD, EG Project EOOD, EG Malinova Dolina Gorna Banya EOOD and EG EOOD, which ruled the various projects of the company for the construction of residential real estate in Bulgaria. During the booming property market Engel, čiioto shares are traded on the London Stock Exchange had several projects in ovcha kupel "," bath "," pavlovo, Sofia, manastirski livadi ", etc. In 2008, however, it withdrew in Gorna Bania and several years was attempting to sell housing its complex panorama in kW. "Vitosha". In the middle of this year has been announced that the creditor bank has launched a process foreclosure project. At the end of October the company announced losing after taxes of 18 million. Euro for 2009, for which contributions have obezcenkite some of its projects. Due to the delay on the market of property as a result of the crisis the company went into difficulty and currently still is looking for a variety of sources to finance their operational needs and to serve his obligations. Engel with other creditors for the restructuring of the obligations which it is not yet clear what result will complete. If the banks do not agree to predogovorât loans, it is possible to submit a claim to the assets held by the obligations secured, told by the company. With limited exceptions, all loans secured only with the project in the country concerned, for which development used. The company has received several loan from its parent company for a total of over 3 million. euro.

Cheers mate thanks for the info.Lets hope this re listing comes sooner rather than later backed with some good news on the financing cant believe theyd go through all this process new CEO etc etc if they were going to the wall.So lets hope we get our Phoenix from the Flames

Let us know anything you find out mate none of the reases have been to downbeat lets hope theres a re listing in the offing soon and open a few pemce up with some luck

is that all the reporting they needed to do .Will we be back soon ???? any thoughts still no mention of relisting in the RNS .Come on EEE would love to see this be a phoenix from the flames

Well if david Andrews(director piled in in August and September to the tune of 500k shares and 235k share at 122 and 133 thats nearly £925,000 of his own cash in here that must give some confidence that it wont be long before were back to those kind of levels .GLA Grays if your arould any others on the watchlist?

Well i jumped in here earlier on at £1 on the nail Looked at Graysland post re charting and hoping ive caught the bottom dropped a long way.Also i read an article on fidelity fund that has a chunk of XCH and Yell in it and though they said both had massively underperformed said they were confident in both stocks ability to recover so im in looking for 20% ish maybe more if this can change direction way oversold

Got at with very small profit at 94.75 not too sure where this is going as market was up and this down again so will watch again

Well i jumped in here today at 91.4 and happy to see after hours buy at 97p wont be here for long but hoping for a quick 10-20% taken on board the negative postings and the Directors here may just be lining there own pockets with deals for partners companies etc but think this is oversold and have made money here before lets see where we go from here

ADMIN !!!! http://www.investegate.co.uk/Article.aspx?id=201011080700097515V

I say these are positives as this lot are as close as you get to going to the wall but i cant see why further funds would be going there way if it was shut up shop.The new CEO announcement and now results will hopefully lead to relisting in the suspension RNS they did say once results were out they would reapply to be listed lets just hope this is the case.Im only in here with a small punt but have done ok in the past as Engel has spiked and may do again if relisted.The Nav on report says .18 euros so lets wait and see what happens hoping for a relisting RNS next week

During the reporting period, ERD provided two bridge loans totaling €380,000. After the reporting period the Company received additional loans from ERD totaling €808,000. The management is also examining other solutions to fund the Company's immediate liabilities and to resolve its financial situation.

At 31 December 2009, current liabilities include €29.6 million of interest bearing loans from banks, €3.7 million of finance lease liabilities and other liabilities which mature within one year. Given the current conditions in the real estate market in the countries where the Group operates, management has considered project by project whether the Group will be able to generate sufficient cash flow from sales of housing units and other assets, including investment properties, in order to repay its financial obligations as they fall due. Regarding project loans totaling €21.1 million (out of which €14.4 million are in breach of repayment as of 31 December 2009), management considers it is unlikely that the projects will generate sufficient cash inflows to repay all obligations which fall due within one year. The Group is discussing possible solutions with the financing banks, including extension of the loans, as well as potential project disposals.

Board statement "Despite the challenging environment, by focusing on key countries and carefully managing our resources, we expect to be able to maintain development activity and sales in 2011."

http://www.investegate.co.uk/Article.aspx?id=201010220856348451U Coming back??????

http://www.investegate.co.uk/Article.aspx?id=201009030700100907S Capital & Regional plc, the co-investing property asset manager, today announces that The Junction Fund has completed the sale of St Andrews Quay Retail Park, Hull to Threadneedle Strategic Property Fund at a price of £81.9m, reflecting a net initial yield of 6.98%. The valuation of St Andrews Quay Retail Park, Hull as at 30 June 2010 was £80.32m.

Could be breakout here not been above 32 since May last Year.Showing live price 32.5 - 33.75

http://www.investegate.co.uk/Article.aspx?id=201008121241209889Q Engel East Europe N.V. ('Engel East Europe' or 'the Company'), the AIM-quoted Central and Eastern European ('CEE') residential property developer (EEE:LN), has renegotiated its joint venture agreement with a fund managed by Heitman L.L.C. in respect of ENMAN B.V. ("ENMAN"), the entity that holds some of the Group's interests in its projects in Eastern Europe. The main terms of the amendment to the agreement include, inter alia, a reduction of Engel's share of profit distributions from ENMAN from 40% to 25% and an increase in Engel's share of profit distributions from Troya, a subsidiary of ENMAN, which holds the 100% of the project in Czech Republic, from 40% to 50%. Following completion of the agreement above, EEE will recognize a loss of €2 million on the book value of its investment in ENMAN.

http://www.investegate.co.uk/Article.aspx?id=201008110700128740Q · Profit before tax of £18m, compared to loss of £131m in the first half of 2009 · EPRA net assets per share of 52p, up 11% from December 2009 · UK fund property valuations up 5.3% for the year to date; unit prices up 18.0% · £24 million of cash on balance sheet, leaving net debt of £48 million · Sale of ten properties for £378 million (Group share £80 million) across the Group, funds and joint ventures in the first half of 2010 · Restructuring of The Mall, with extension of bond maturity to 2015 and fund life to 2017 · Conditional exchange of contracts for the sale of Falkirk, Gloucester, Romford and Southampton shopping centres from The Mall, and Fiveways, Birmingham from X-Leisure · Opening of 200,000 sq ft extension at The Mall Blackburn; key units handed over to tenants for fit out at The Mall Luton · Refinancing of Xscape Braehead, FIX UK and two German facilities · Investment in German asset management platform, Garigal Asset Management GmbH, since the reporting date · Approaches for Great Northern under consideration

With results due Wednesday and this beiing in the doldrums for a long time im hoping to see some movement next few days and hoping for a breakout upwards of the trading range.The asset sales have been made to reduce gearing which will start to show benefits soon .This time last year did ok out of Cal i think Commercial Property will start to show signs of recovery at worst this should be around 37.5.Hoping for some movement upwards today in @31.75

PureCircle has continued to recover from last month’s profits warning on news it is rolling out a global consumer marketing campaign to promote its stevia sweetener. The campaign begins in September through print, digital, television and social media channels. Responses from the industry so far have been “overwhelmingly positive”. http://www.sharecast.com/cgi-bin/sharecast/story.cgi?story_id=3612096