Member Info for QueenElvis

No Queen Elvis doesn't get a bee in her bonnet. I am an honest poster - something you have commented on in the past and I belong to no share clubs etc. etc. Goodnight "gentlemen"

In the case of the guy who admitted to having sold his kaz on the fml bb, I was interested. Main reason was that he sold up pfd and tht shares too last year without saying so on the approriate bb and moving on. I rated his posts so when you lose a poster like that from a bb or they sell up without saying, it is of some to me at least especially if the shares fall back after they have sold up. I am not sure what the point of this convesation is though and I think we have exhausted the topic which is of no direct relevance to enrc shareholders.

I'm in an Aims share which was had a very busy bb about a month ago which now has very few contributors. I think I am entitled to infer from that that many of the posters have sold up or lost interest in posting. And you think that in making that simple and factual observation like that that I am dealing in vague insinuations lol

Never heard of Show Me the Money but did watch Working Lunch some days when I was on my maternity leave

I read the kaz bb too lodan and I noticed how you chose not to answer a perfectly legitimate question posed to you on there this week. The answer to which might have interested some posters. If you care to read the FML bb in the last week then you'll see that one poster on there who had been in kaz and contributed a lot of informative posts to the bb earlier this year was asked (not by me but another poster) if he was still in kaz and he said he had sold. I rate Levis (and I'm sure he'll not mind the mention) as a poster too and he has not posted on the kaz bb for a while. I know a few other posters on other bbs who hold or held kaz who do not post on the bb. People cannot be compelled to contribute to bbs and it's not a crime. Nor is my simple observation which you seem to have read an awful lot into. You don't post there too frequently yourself.

Look really do have other things to do tonight and I'm not in the business of naming names. Surely you can read back the bb for yourself if this is a point that is of any interest to you. I certainly recall one person with a keen interest in mining stocks saying on kaz bb that they would not be posting on it again in the foreseeable future. The captain even responded that he should keep posting. Prominent I suppose I am really referring to folk who have been around the bbs for a long time. Okay hope that satisfied your curiosity Goodnight.

Evening all. Captain - We Scots are renowned the world over for our hospitality and friendliness or is that only those of us from the southern and western parts of the country! Vlad and Miningman are perfectly entitled to voice their views on the quality of the postings on the kaz bb. I have noticed myself that there are at least eight prominent lse posters who have either stopped posting on there or have reduced the frequency with which they post. Maybe they have sold up or lost interest or feel they have nothing to say at the current time. Have you ever been missed when you have stopped posting on a bb eg Stan? Dallas - was that a soap opera before my time like Crossroads which I only know about because McCartney not Lenin was asked to redo the theme tune by Tony Hatch. The soaps are not really to my taste. Anyhow it's Friday night and I'd better be dusting down the old record collection and getting the nibbles and drinks lined up for some visitors. I guess your sojourn on the kaz bb has been a bit longer than you anticipated but it looks like you'll have like the Bank of Scotland a friend for life in Dimmer Ginger whom you can chat away to until your heart's content. However, I wouldn't be concerning yourself about how long Mining Man or anybody else has been in kaz but maybe just be grateful that he's not exiting at the moment. Just time to check how those tesco shares you think I'm holding are doing. I have this theory that some men never really grow up and remain insecure litle creatures all their lives Sympathy for the Devil http://www.youtube.com/watch?v=J9AexiRyPc0

The Kaz bb well yes. As always, it's been good chatting to you. Next time you can tell me why you think AAL is an obvious target for Glenstrata which has previously shown an interest in enrc and I know your going to give me a bit more than because you hold AAL lol Have to get on with some other tasks.

I guess there are a lot of reasons for you not posting on the kaz bb lol. I don't see anybody making out an investment case over on there just a trading one. You work out whether that would change or not depending on how kaz behave with this. One things for sure, each oligarch will be out to maximise his own personal wealth and well being.

Kaz's current lowly share price has got quite a bit to do with its own current performance and it has written down the value of it shares here to £3.75 a share so if they realise anything less than that then what would that do for the kaz balance sheet and share price. You say ENRC is undervalued because of corporate governance issues yet you think it could be good for Kaz PLC to forge even stronger ties with enrc mark 2 rather than take the money and run. I'd be wanting to demonstrate I was at arm's length myself and that the corporate governance issues didn't extend to kaz - but then I've not been invested in kaz for several years ATB

Kaz isn't a member of the bidding consortium. It's a shareholder. According to the Takeover Panel "Its central objective is to ensure fair treatment for all shareholders in takeover bids." In the scenario you are painting what would be the consequences for Kazakymys PLC and Vlad's lolly in the aftermath of all of this. I know you don't post on that bb but I think you said on here that you had been holding kaz since the days of Adrian Chiles on Working Lunch. I don't think anybody's ever played a you tube on the enrc bb but I really feel like playing Mac the Knife. Incidently this share price rose today in spite of everything. There was even a suggestion on iii that an unnamed broker thinks kaz will not get a vote because the government has shares in both enrc and kaz which I really quite can't get my head round. Brokers have vested interests or too many James Bonds around.

I probably don't trust any oligarchs whose names are Sandy Ma anything and threre are a few of them about but kaz's reputation is on the line here and Vlad's money and he has more than the others http://www.celebritynetworth.com/richest-businessmen/ceos/vladimir-kim-net-worth/ Not ruling out anything but I think the kite flying theory we explored earlier in the week is looking less likely as alias has spotted that the consortium is definitely formed. GL

Another great day here. Might be too greedy to expect another one tomorrow. A Mackem eh. Lindisfarne God's own country. Here Comes Geordie - and I was at this concert in Glasgow http://www.youtube.com/watch?v=OCGlkwDaf7c

At least, you've owned up Captain. Few seldom do. You anywhere near Whitby.

The bank's experts said an offer could be “significantly above market value”. As dealers picked over the troubling implications of Mehmet Dalman’s resignation as chairman of potenial bid target Eurasian Natural Resources Corporation , analysts had better news for traders, speculating a blockbuster offer for the miner could be in the works. The experts at UBS (Berlin: UBRA.BE - news) noted that the consortium of three founding ENRC investors and the Kazakh government considering an offer for the group are likely to bid for both Kazakhmys (LSE: KAZ.L - news) ’s 26pc stake in the company as well as ENRC’s free float, because the suitors would need 75pc shareholder approval to take the miner private. That, the analysts argued, meant an offer may be “significantly above market value”, as Kazakhmys is likely to “leverage” its influential position to “extract optimal value for itself and ENRC minority shareholders”. Kazakhmys, they said, was unlikely to agree to an offer of less than 375p a share - the value at which it recently wrote down its ENRC stake - while a bid of 540p - ENRC’s 2007 flotation price - was also possible. That would be a significantly premium to yesterday’s close of 280.7p, down 1.6p. If the consortium did make a knock-out bid for ENRC it would be “materially positive” for Kazakhmys’s own share price, the UBS analysts concluded. The optimistic assessment helped Kazakhmys advance 23.94 to 359p on the FTSE 250, taking into account the shares were trading without right to the latest dividend http://uk.finance.yahoo.com/news/ubs-analysts-eye-enrc-bid-184234211.html

Two very good posts from you. Well spotted. Think we'll assume that one of your aliases is Inspector Clouseau. Please take no offence as none is inteneded and I am genuinely complimenting you. My sense of humour doesn't always go down well on these bbs. Only other observations I have to make from today sre that the people on this independent committee also have reputations to maintain along with kaz. I also wouldn't recommend the Takoever Panel's Code as bedtime reading but people might just want to glance at the mission statement and bear in mind at the same time that we have a very unusual free float situation here and the need for reformation has already been recognised which I am sure the Takeover Panel are more than aware of. A few people are saying too that the share price could go down again if a bid doesn't materialise but surely that could depend on how company's performance fares. GLA

And we still have no absolute confirmation as to who is part of this consortium yet. If it does include the government then they have a major stake in Kazakymys too so are some of the shareholders kaz has to be seen to be extracting the best value for lol. This is right riveting stuff indeed.

Studying, investing and looking after a toddler all at the same time. You're a marvel and I assume you are not a womean either just judging by your age and the baby's age. ATVB.

That's a good analysis but kazakymys still have to be mindful of their reputation in the city of London and need to be seen to be acting in the best interests of their shareholders. Also an alternative bid could come in at any time.

If you are a holder here then you would get the chance to accept or decline any offer made. If you hold your shares in a nominee account then make sure that you personally get the chance to vote. It looks like kaz's vote could be important here as they are holding 26% of the shares. If you are relieved of your shares by any offeror then you would have no dealing charges in connection with your disposal. Looking at the bbs you post on and the calibre of your posts, you probably have as much knowledge as the next man or woman posting on here. Happy birthday for tomorrow - are you retiring. I mentioned my unfortunate purchase in 2001 of Cable and Wireless shares on this bb - that was supposed to help fund after school and breakfast club fees in 2006 to allow me to retrain. Hope you are more successful in investing for your baby daughter's uni fees.