Member Info for Rhaegar

Many thanks mate. Good work Rivaldo, very thorough.

A copy and paste would be appreciated, not registered on there.

This looks a very interesting opportunity, good for adding a bit of diversification to the portfolio potentially. Thank you for the referral. Personally, I will need to more research on Macau property market generally and how as an SAR it is affected by the statutory measures introduced by the central Chinese government to prevent asset bubbles. I noted some comments on this in the latest RNS, so will return to that as a starting point. I know the measures haven't been entirely effective on a national scale, so would not go as far as to say this is 'safe as houses'. The extent of the NAV rise in the last statement is arguably of slight concern in the circumstances (property fund, China). In relation to this fund specifically, I gather from Sniper Capital's website that it is closed end, and note the share repurchase earlier this year. Has a stated end date been disclosed? I note the last repurchase came following an asset sale, so do you believe it would be reasonable to infer that the next may come following completion of the currently ongoing sale next February? On a more o/t question, as someone with personal experience of the industry, what is your view on managed funds of the type advertised to retail investors on fund supermarkets? I know some high profile investors (notably Buffet) are very critical due to the expenses in the face of inconsistency, and advocate tracker funds as an alternative.

Any theories as to the huge increase in volume today, especially early on? Appreciate the price rise may well be supply/demand and a seller stopping...but that wouldn't explain the volume?

You're on to me! Most people seem to assume it's my actual name, some funny abbreviations floating around lse. Won't clutter the bb by digressing, but great books. Hope you get decent entry here, very promising play. Atb.

Yep, you got it. No guarantees, but worth a try! Fill or kill is an instruction to fill the order immediately upon opening at a price of your choosing, or not at all. From experience 'immediately' in reality is the t 5-10 mins. If he/she can't execute at price you suggest it'll cancel permanently. I think the traditional distinction on the trading floor is that whereas with a limit order your broker waits for the price to be hit, with the fill or kill he'll directly offer the seller at your volume and specified price several times. Think that's a traditional definition, could be slightly different on AIM with digital trades and market makers. Useful for RNS days.

I normally try to buy at live price as get a better quote. I got quoted a premium to the advertised Ask here. Set a limit order slightly below (at the advertised Ask) and it was executed within a couple of minutes. Second time I've had that happen with HL - may be due to liquidity or a simple IT fault, but worth a try if live price seems high. Vegas yeah the video is very good. Smart guy. Nearly lost me at wellderly and illderly but I'll let him off this once!

No worries mate. You asked about the NAV update. If you look at the pattern the NAV update should come in the first or second week of October and will be the value of the holdings on 31/09/13. So we need SUMM and PLE to keep rising! I got a much narrower spread through using a limit order (vs live on HL) , worth a thought if you're looking for entry.

Re Summ, Rivaldo posted last Friday: "PLE are now up to 13p after today's news, compared to just over 2p at 30th June. That makes PEBI's £166k at 30/6 now worth over £1m. APHB has also tripled since then, i.e this is now worth around £200k compared to £60k at 30/6. SUMM is now 15p compared to 4p at 30/6, i.e now worth around £800k against the 30/6 £212k. ARWR is now $4.75 against $2 at 30/6, i.e £207k is now worth £475k. These are rather big gains compared to a £3.5m m/cap! NAV was already 10.6p at 30/6, so now it has to be say 16p-17p?" _______________________ Co's have risen further since.

Shares bought at current ask (15p, may have risen by posting) would equate to divident yield of just under 5% at current exchange rate? Please do your own calculations to confirm, very hastily done at work..

15% down already here, but I actually thought the results made for good reading. Read a WSJ article which, in spite of the headline, was also positiveL http://online.wsj.com/article/BT-CO-20130916-702295.html "LONDON--Simigon Ltd. (SIM.LN), a developer of simulation software used by fighter pilots and oil and gas companies, doesn't plan to distribute any of a cash pile worth 29% of its market capitalization until it is sure it can start paying regular dividends. The company's cash reserve increased 19% to $8.45 million in the six months to June 30. Since the start of the year, the company's share price has more than doubled from 14 pence to 36 pence, according to Factset, which now values the company at 18 million pounds ($28.7 million). Chief Executive Ami Vizer didn't rule out sharing out some of that money via a special dividend, but said the company isn't likely to make a one-off distribution to shareholders. "We don't want to give a dividend unless it's sustainable," he said in an interview with Dow Jones Newswires. "Our business is a cash generator and we're looking into three main options. One is to make sure we have enough in reserve, two is obviously M&A opportunities, and we're definitely planing to develop a dividend policy." Earlier Monday, the company reported a 24% increased net profit of $220,000 for the first half, up from $177,000 a year earlier, while revenue rose 20% to $4.16 million. The gross margin fell to 65% from 70% a year earlier as Simigon, which is increasingly working as a prime contractor rather than a sub-contractor, has been selling more third-party hardware as well as its own software. Mr. Vizer said the margin will recover to between 70% and 80% in the second half because the impact of those hardware sales will be restricted to the first half. Asked about potential acquisitions, Mr. Vizer said the company could buy either a software company to bolster its existing products, or a maker of flight-simulation hardware."

I'm not, plenty of respect for those that do. He's a childhood friend. Some very impressive CVs down there! I'd hoped he may have had dealings with them but he hasn't, and he didn't feel it would be appropriate to ask American counterparts with the tender ongoing.

Thank you for your comments. Taken a position, 38.85. Fingers crossed! Investment rather than trade, read through the rns feed last week and was very impressed. Was held up slightly asking a DSTL friend about it, but proved quite inconclusive and has cost me 10% ha.

To those more familiar with this share than I, in anticipation of strong results do you believe that this week's rise is pricing them in, thereby precluding further rises on Monday? I would be looking to hold for a longer period (generally invest rather than trade), but seem to have a nasty habit of buying on spikes! I appreciate contract news could change this, but I wouldn't be buying in specifically for that.

Same resources. Same cash, less costs associating with splitting companies and applying for a new listing. Twice the management overheads. Imagine PA probably ends up with a salary increase, I don't see anyone else who will profit, Mt Leyshon is loss making at current gold prices, hence why it is on C&M. That's me out unfortunately, at my biggest loss sustained to date.

Has anyone had any success with contacting the company regarding the delays? I received a polite but opaque reply to my email, which just referred me to contact PA directly by phone. Was not able to do so, may be time difference issue.

Are you still following AAZ? Thoughts on comparative merits vs PAF?

Watch and wait imho. With potential QE tapering and China stuttering, I could see this plunging heavier than most. Tipsters seem to love it at present, which is usually a short term bearish indicator. Enjoyed you being called 'badpenny' some time back, was said with so much venom! Was on verge of posting myself but thankfully you jumped into the fray first and incurred the wrath of the unstable!

I agree with you in that there seems to be less Union trouble, and the operating costs make it attractive commercially. Whilst the country is politically stable, the uncertainty surrounding the implementation of BEE in Zimbabwe make it risky for current and future investment. Irrespective of what I think of the policy itself, the possibility of having to surrender the controlling share in Mimosa without payment in recompense would be a real problem. Saviour Kasukuwere has been self-contradictory on the subject, which doesn't fill me with confidence. Obviously this is a worst case scenario, but I believe it places a lower ceiling on the share price than say Lonmin.

I personally feel it's the Zim risk. I've just a rant on another bb about SA situation, but it's a garden of roses compared to Zimbabwe! This is another 'long termer' for me, which I beginning to think is a euphemism!