Member Info for Moreforus

a major shareholder just upped his stake in the holding company that owns 60% to 100% - he just invested 5.4 mill usd. the valuations here are based on ...valuations in the Ukrainian market and i heard all the same stuff about Bulgaria which has now stabilized, the Ukraine is now growing and the reason OCH was put up for sale was as the current could not make a go of it .....so they are selling on to someone who thinks they can..this company is now off the critical list and now looking at starting new projects.

...guess a few of you decided to buy in the wild east of Ukraine anyways

not enough if it rerates to fair value ..too many if it doesnt someone has bought another 15% of the company..indirectly on that rns

100k taken at a premium fill or kill only to buy

OCH 1.3 : 2.1 XXIC 1.35 : 4.4 Twice the amount of assets to debt It's also recovering and not like OCH being sold by the current management as they want ...out. Ukraines property prices are also rising ... It's nav is 50p vs price of 5p... I've been accumulating as I was buying OCH using the same ...it looks too cheap criteria before almost anyone else had heard of it ... Having started the year with a new strategic investor and controlling shareholder, and with the consequences of the 2008 global financial crisis receding, no one anticipated that the fiscal problems besetting some of the countries in the euro zone, and the unexpected fiscal problems arising from the political friction in the US, would jeopardize the modest economic recovery underway in Ukraine. While these risks will undoubtedly impact Ukraine and our business, the Company is now in a better financial position to withstand these risks in the near to medium term. And, notwithstanding the prevailing turbulence in Europe and the US, Ukraine's economy is enjoying modest growth, while Ukraine's property market is recovering in the retail and residential segments, driven by pent-up demand from households and increased bank lending to their retail and commercial clients. Outlook Ukraine's economic recovery is spread across the full spectrum of the economy, however it is vulnerable to weaknesses in its major export markets since the economy is substantially dependent on exports of grains, coal, steel and chemicals. The sovereign debt problems in Europe and the fiscal weakness in the US pose risks to the global economy generally and this may undermine Ukraine's modest recovery. Nevertheless, we expect some resilience in view of the implementation of economic reforms and substantial capital investment in the nation's infrastructure and leading cities throughout Ukraine which will host the Euro football championships in 2012. In addition, the possibility of Ukraine entering into a free trade association with the EU prior to the end of this year will also provide a new and important stimulus to exports and Ukraine's economy. The Board and management believe that the Company's prospects are now substantially improved and the Company is now in a better position to withstand the risks and challenges that may impact our marketplace as a result of global economic and political uncertainty and problems. I heard all the same stuff about Bulgaria ....but when you DYOR the story is quite different In view of improving property prices and now that the Company is in a more stable financial position, the Board and management intend to begin pruning our property portfolio so that it will reflect the Company's revival strategy and focus on core strengths and opportunities. The sale of non core sites will reduce our operating costs and, at the same time, generate revenue to provide funding for the start- up of selected retail and residential projects.

Not sure about a takeover at ZEN ..i heard nothing - they ditched all their products but one..seems a recovery play with new management but they still need to prove they have turned the business around ...it certainly looks like there are a few people buying...

this looks cheaper!

up again on the bid we have a buyer imho..there are no buys reported but the bid keeps rising

my price feed shows this as flat despite the quoted price being higher.... not sure what or why...but this is rising on no trades (10k bought after the rise)... this is a nice platform to make a large move on news

lol i wished... scary you can buy size like that here...or used to be able to.... i think that 37 mill cleared indicates a trend reversal on quite some volume!

they only had 38,468,333 left after Fridays rns

at 3.2275 SELLER IS GONE!

hoorAH

in.... looks primed seller now cleared lock stock

now is the time 38 million buys

the holdings rns was from Friday... yesterdays volume was 11 mill mostly if not all buys so maybe they are down to 28 mill i think the reason for the drop is known and although we might drop further as RENA unloads more but i think we could see a nice reversal once he is cleared..maybe as soon as the end of this week...or next week

38 mill left .. I believe -

4-4.25p being pushed down by RENA dropped on no sale so we have a distressed sellers imho

they were saying that at 5p looks like a large seller is at work through everyones favourite market maker look at the chart....when are they going to be exhausted??

no it;s specific to Edison and also GECR and Equity Development - these are "mercenary" research companies and are paid by the companies to produce research... i always see these names quoted as offering X Y or Z value...with GAS the assets IF funded given who owns most shares could be worth mutliples and multiples of the market cap but the risk is in not understanding the probability of execution of funding