Member Info for Quady

Thank you Del , one further question if I may . You say that FTO have stated that they could be buying up to 29.9% in CGH though CGG , I must admit to being confused over recent postings and articles on this point . My question I believe is , what is the reason for buying through CGG , how much does FTO own and how much through shared vechiles , as would like to be able to calculate the dividend income available to FTO on a yearly basis .

Morning Del , as always thank you for the info , however would like to know your feelings on this as CGH have nearly doubled their share price over the last year , surely this must make the share price option for FTO even more less likely . This latest deal is only going to take more shares for CGH out of circulation and hence increase its share price further and lessen its yield . This also if I have done my sums correctly gives BEHL a whip hand in setting dividends in the future , we could see FTO's stake looking somewhat unattractive . Thoughts please .

Hello fellow investors , really beginning to feel a little disapointed , always realised that there was never a huge market for these shares , but our listing status , just seems to make these unattractive , would like to see some comment from the BOD with suggestions on how they are going to get the value out of this share .

IMorning Del , I take it from your last post , FTO did not have an option price , as is pretty normal in these types of deals , do we know what date the shares have to be brought by .

Evening Del , had done the maths , (number of shares times divi then changed from hong kong dollars to pounds ) and understand the 1.8 million figure , very nice on the bottom line , however wanted to extrapolate what the divi would have been for future years with the increased share in CGH , once the deal goes through , ( they must buy the share option with all this good news surely )would I be right at about 3.4 to 3.7 million pounds .

Thank you Del , for the CGH video , outlining CGH's position , am I correct , that although dividend has increased 116.3 % for CGH , that because the FTO deal has not gone through yet , that we do not get such a large payout to FTO , but in subsequent years the payout looks to be considerably larger. If this is the case , I am wondering if a calculation can be done , using this years payout , to extrapolate what percentage of earnings will the CGH dividend be for FTO's percentage of profit .

Just done the same , as divi isnt bad at 2 per cent as goes ex divi on July 10th , and believe some growth her , but will temper that comment with , we have been here before

Intreresting share price 8.01 bid 5.85 ask 12.00 the spread is 105.13 % , this is going to stop all activity dead in in tracks , hopefully will pan out during the day , sounds like liquidity is drying up , but not going to free up at this spread .

Tend to agree , would be intrested if this share has legs , or are they fighting for survival , intrested in any info you may be able to dig up , as if they get the rumoured contracts in Brazil , maybe this will continue to grow . level of gearing puts me off , but not going to bet the house . On FTO this is getting interesting , looks like Armenia has at last got a future , and may soon have a schedule of works . Looking at the profit and loss today , and I like the way they have laid out their accounts , although we are losing roughly half the business , we are also losing half the cost , but with increased divi's from CGH ( although think this is for the future with a growing business in CGH ) .

Turbo power systems now up 75 per cent today , I think I have missed the boat .....

Morning Del . Any thoughts on Turbo power systems , up 40 per cent today ,I know this share is volatile , so can fall the same amount the next day , I am thinking of a small investment in this share , but would appreciate your opinions .

Morning Del , I have an off topic question , if you have the time and inclination . I have been looking at a share called turbo power systems , for about a month , ticker code TPS . The chatrooms on this share I believe should be taken with a pinch of salt , but I am starting to look at the fundamentals and am intrested in another long turn punt . The company makes electric motors , generators for the high end of the market , and has won a contract to manufacture train engines , the shares are about 0.5 pence and their are rumours of other contracts in the pipeline , but nothing substantiated . The downside of this company , is that it doesn't make a profit is geared quite high , but not excessively in my mind , and only has a market cap of round about 15 million . Your opinion would be appreciated , understand you would not be recomending to buy or stay clear of , as my investment decisions are more own , and as such take full responsibility for my profits and loss . but would appreciate an overview of this company if you have the time . I don't usually get involved with companys like this , but has had some good press recently and it's making me look twice .

Good morning fellow long suffering FTO shareholders , Opinion only . We have lost our premium listing and now have a standard listing , although reporting standards will not fall , as promised by the board . Is it possible that the reason for this is not just to sure up confidence , but also that this is a transitory state as , when we get the iron ore business up and running we will be able to apply for a premium listing again , as this will be part of our core business . Or have I misunderstood the reason for losing our listing , Second observation , is that although lots of shares dumped on the market recently , and on standard listing , this has not bombed and although we seem to have a lot of downward pressure on this share , once Iron Ore business up and running , and if we regain our listing , we could have a real long term bet here . My feeling on dividends is ( no evidence to support this ) that once companys start issueing a divi , they like to build a track record , and that at least the divi will be maintained if not increased , thoughts please .

Spread is over 20 per cent , looks like their is an expectation of some more de investing , however this is by no means a broke company . Looks like the standard listing is affecting us more than anyone thought , but we still are a cash rich company with income not loss , a blessing in an ever tougher economic climate .