Member Info for shatter

Hi. It is definitely the most frustrating share i have ever held. I keep waiting for its value to be recognised and subsequently a big spike. I don't lose any sleep over it but can't see what is going to lift it at the moment?

Depressing reading From Phillip..Reckons CGH could be vastly overvalued ? He took a few hits years ago on Chinese shares which may have tainted his opinion a little. Time will tell

Someone needs to add some fertilizer before it wilts and dies.

The analysts have every base covered, sell, hold and buy !

This is dropping on virtually no volume...a few tight stop losses could be hit...

I would tend to agree with superted. Very little has changed and it is a positive that a company such as Tricon see's value in Matra. Stav may be able to shed some more light on the sale ?

It may be just as simple as Delek doing a little housekeeping. There are big changes planned for that company. http://www.4-traders.com/DELEK-GROUP-LTD-6494439/news/Israels-Delek-Examines-Splitting-off-Energy-Holdings-17740251/

Perhaps you could enlighten us..cheers

Im hoping for perhaps a 25% dividend increase this year to give this more credence and make Fto a little more attractive..

I know im frustrated ! But continue to hold. It needs direction... possibly the Bod could sell everything and pay us all a big divi. hehe

You could be signing greatgrandadtom before we see a meaningful lift.. i too am a believer as are my kids with their holding( although they don't know it yet.) The true value has to be recognised at some point. 2014 is the year. I hope..

As mentioned we will probably never know what Delek got for these shares ? Matra may now be considered a fledgling company and Delek are possibly just reducing their risk ! If you can ride the crests and waves on Matra when the suspension is lifted there should be money to be made but i have never been great at that, basically, i get it arse about face.. hehe

slow typer..

If you can find a buyer there is no problem selling if a share is suspended ! The average pi 's holding is relatively small and insignificant but there are also a few companies who will buy large amounts of shares at a discount during suspension - basically taking a gamble.... However, there's a catch. Because there is no exchange for such shares, the price is arrived at by the buyer companies and is usually 40-50 per cent less . In this case this may have been something that both parties had been looking at prior to suspension and had formulated a price or a more recent transaction so may have been bought at a hefty discount.

There lies the problem ! The share price is a complete enigma...Its one thing understanding the companies activities but the sp does not always follow ! Hope this helps :-)

but must agree that the naked trader has the magic touch.

There are so few trades that lse cant find the correct price. Agree with Mao that it is odd to see a price drop after such large buys.

not doing much for the sp!

Some healthy buys this morning....

A very healthly company with great prospects but vastly undervalued and seems to be held in disdain by the markets probably due to the fact that the majority of the company is in private hands and yes, what it owns and how it is going to get value form it is a mystery....There should be large divi's from its investments but no mention of them yet.. how long is a piece of string?