Member Info for oldstockbroker

Seen a Brokers forecast at 4.4 per share for Yr Ending 2014. Given the new mines coming along nicely this would seem conservative. Gold looks Ok and I expect it to rise over 2014, but even if it does not AMA have reduced cost of production and all looks well. One of the best and most communicative management teams-in my opinion.

Some serious buying has taken place over the last week. I can only assume buy back of shares is occurring. Who is selling is strange.

I am, but no idea drop-seems contrary to all the info coming out from Company. I am still in LMT and staying for the medium term.

I would take little note of RBC. Have a look at the fundamentals and talk with company-they are approachable.

I am going to hang in. There is upside I believe in this and can see no huge downside risk.

Samsung loan. It is on schedule to be repaid Aug/September this year .However with strong cash flow expected from Sega the cash position of AMA should be replenished throughtout the same period.

The Board of Macau Property Opportunities Fund Limited announces that on 30 January 2014, the Company purchased 760,000 of its own ordinary shares of US$0.01 each ("Ordinary Shares") at a price of 206.086p per share. These shares will be cancelled. The purchase represents 0.91% of the Company's total outstanding shares in issue. Following cancellation of the shares, the issued share capital of the Company will be 82,740,000 Ordinary Shares. Further opportunistic purchases of MPO shares may be considered by the Board at suitably attractive prices. That increases NAV by a couple of pence.

I think many are- my last two buys over this week showed as sales as well.

Have a look at the lasted NAV -it seems only available on the London Stock Exchange site. They still held PLE and SUMM. They , to my knowledge have not and could not, transfer share. I assume they have sold and bought units in Magne. Quite what happens when the deal at PEBI Nav goes through to the Magna holding I am unsure. I suspect they will be sold to meet likely redemptions at the NAV transfer value-about 16.5 p currently. They obvioulsy could not hold units in thier own fund.

This is almost to good to be true. I have spoken to the promoters of the fund-they thought deal was done. Seems they were unaware you could buy into Magna fund at a 40% discount through PEBI. If I was them I would be getting people to buy PEBI as a cheap way in. I have never in my years in the 1980's as a broker in investment Trust sector seen a share trade at such a discount to the potential Unitisation price. Having looked at the portfolio of Magna looks pretty sound if you want to be in the fast growing Biopharmacy area. I can only assume PEBI is so small not on the radar. Bought more to-day and will continue-not often have a gift like this. Though my purchase did show as a sale-the prices shown are not always the dealing price and got more to-day well below what offer was shown as.

AbbVie USA.Pharmaceuticals AmpliPhi Biosciences USA Biotechnology Arrowhead USA Biotechnology Gilead USA Biotechnology GlaxoSmithKline UK Pharmaceuticals Johnson & Johnson USA Pharmaceuticals Merck USA Pharmaceuticals Pfizer USA Pharmaceuticals Roche Switzerland Pharmaceuticals Sanofi France Pharmaceuticals In alphabetical order Combined weight of top 10 holdings: 53

That is my understanding-NAV in Nov. Hence bought yet more-either I have lost the plot, or we are able to buy into Magna at a Huge discount. I am getting a fact sheet re Magna at the end of this week.

I am not sure what is happening to the share price. Came down, then massive sales over the last few days. I assume the Company is buying shares in and has taken out some of the large sellers stake. The only thing that makes sense. Not sure of the rules, but maybe Company purchases do not go through the market. There is no other explanation, unless some-one has a better idea. Certainly reading property reports on Macau can see no reason for share price falling, let alone the high volume of sales.

All very odd. Have you found where the Magna Unit price is-I have tried(rather half-heartedly I admit). As they have moved funds into the fund, it should secure the NAV-well will be easy to monitor as normally a Fund NAV is updated daily. As I see it the Magna fund is marketed in a closed fashion. I assume this will change post acquisition. These could be the question behind the sales-how and where can the future units be traded. If answered I tell you if I was still in the 1980's when ran a small Investment Company I would be pouring money in-40% discount to NAV paid in 9 months-no brainer! For some reason Asset funds have fallen out of flavour last few weeks seen massive sells in another fund MPO-which I again cannot understand.

Agree.You have done well to contact the Company. I have failed but have based my buy's on discount to good growth assets.

I am very happy to have bought my original stake back. Done OK with this investment since I purchased and sold half at the peak. Cannot understand the discount to NAV with Unitisation at NAV coming soon.As said before I used to deal in Investment Trusts and given news in my day's would be trading at 5% discount max. I am very happy to see a further 40% return on current discount to NAV=best performer I have held this year-total return at the NAV is 140%, way above my investment target of 10% per annum for Pension fund. Will look at SKIL, but currently looking at Coffee Plantations-coffee price is low at moment. If I can find a quoted PLC in UK.

It was below my Target price, but still at a large discount. Holdings have changed-large holding now in Magna Biopharma Income Fund. Hard to find out what that fund is invested in, but as JM is on advisory board we can assume in similiar stocks.

Having sold half my holding a few months ago I have just re-bought same amount. Fail to see why the price has fallen.

I do not post often-but all the company said is developing nicely. The Company is well managed, respond to shareholder enquiries and I fail to understand why share price is so low. There has been a Institutional seller in the background, fund closing down, but they must be nearly out. So breaking all rules of % holding for my Pension Fund in one stock, buying more. Gold price will move up-again not sure why that is low given current worldwide economic climate and strong buying of Gold in China.

Since the price has gone down I will probably just buy more-I did dither at 220 as to sell, rather thought this could happen, but fall is on low vol, and nothing has changed re my belief in company and product. I guess we are seeing small shareholders selling as concerned about dealing in share on NASDAQ. No issue for me, so looks like an opportunity to top up. I will watch and wait. This share does move on small trades.