Member Info for Sisyphus

So who's the eager buyer of the Alpcot 14%prepared to buy at a premium? This is exciting stuff! Whoever it is, they'll have to declare it soon - they obviously share the profit potential going forward that us PI's do. So much positive news - this week has certainly been excellent for RNS flow. Let's hope PAN continues at this pace next week - like a good Clancy novel that you can't put down.

gets closer =)

from the beginning but they were initially interested in a joint grain terminal at Kaliningrad to fit in with their Eastern European investment remit. I have gathered together all the info on a word doc and will post it below: Alpcot purchased 2200000 shares in the market in March 2010 2010 and subsequently. Baltic Oil Terminals PLC announces that it has received notification from Alpcot Capital Management Limited that it has acquired 4,337,625 ordinary shares in the Company. These are the same shares previously owned by Mr Vladimir Gavrilov. As part of the settlement agreement entered into between Baltic and Mr Gavrilov, which was announced on 17 March 2010, Baltic organised the placing of all of these shares with Alpcot Capital Management Limited. Holding now 6537625 Joint GRAIN venture Simon Escott - "A joint venture to exploit the export potential of grains from Kaliningrad is a very good trading opportunity. Alpcot's expertise in commercial agriculture fits well with our experience of operating terminals in Kaliningrad. I look forward to working with Alpcot in developing this exciting new project." June 2010 increased holding from 6537625 to 7862625 November 2010 increased holding to 8037625 December 2012 Increased holding from 8037625 to 12647625 Alpcott also increased holding in May 2012 to help us fund Dan Balt fuel optimisation project from 112647625 [13.4%] to 14570702 [14.3%] Alpcot management have now been given an exit strategy since we are no longer based on Eastern Europe/Russia and are now outside their investment remit. The big question is - who purchased this wad of shares? There are so many possibilities the mind boggles - existing investors [AXA possibly wanting a bigger slice of the pie above its current 3.67%] [Hurley Inv Trust OR Utilico that would give either 30%+] OR - could the appointment of Professor Gardin be more relevant than we imagine??? Since 2006 he has worked extensively in China, and in March 2007 became CEO of China IPO Group plc, wholly owned by Brainspark plc, focusing on investments in China. In March 2008 he became a Board Member of IPO Beijing Investment Consulting Company Ltd., the China IPO Group plc Chinese subsidiary, with offices in Beijing and Xi'an. Better go and sit down in a darkened room.........the suspense! I invested in PAN because it was sedentary, dependable, expanding and growing at a fair pace, cash-generative, massively undervalued on MCap/NAV basis. Good grief, it's got running spikes on and is making headlines on a daily basis - talk about proactive management.

http://www.lottery.co.uk/random/lotto.asp As if I'm any good at that malarchy Pantastic!!

200,000 shares recently! Timed to perfection. Certainly won't get them at this price tomorrow =)

WhooHoo! BECAUSE its operations now centre on Europe rather than Eastern Europe!!..............I smell Rosbunker resolution is imminent =)

Blockbuster of an RNS - 14m shares sold at a premium to current share price! We are in play somewhere and someone wants our shares at a premium. What a week in prospect.

Sold at a premium to current price!!! To whom??? Bjorn Lindstrom, Senior Partner of Alpcot Capital Management, commented, "Alpcot is primarily an Eastern European-focused investment company and our original investment in Pan European Terminals was at a time when it had the majority of its operational assets in this region. In the past two years, as PAN has successfully enlarged its operations into Western Europe, it no longer meets our investing criteria and therefore we have sold our holding, at a premium to the current market price. We remain supportive of the new management team and wish Simon and his team all the best for the future."

Someones stakebuilding here. Who??

Who's bought these!!!Pan European Terminals (AIM: PAN), was notified on 2 October 2013 that, on 1 October 2013, Alpcot Capital Management Ltd disposed of its entire shareholding of 14,570,702 ordinary shares of 1p each in the Company ("Shares"), representing approximately 13.7% of the Company's issued Shares.

Anyone going for 5 in 5 days?? Go on - I'm feeling lucky so I'll throw my hat in the ring for another tomorrow :) hehe!

Really? You see no relevance in: Between December 2008 and July 2013 he was an executive Director of London Asia Capital plc, a UK company investing in Asia, with a mandate to review and maximise the returns of the investment portfolio. I think his experience has lots of interesting avenues for thought.

Pantastic - perhaps we should enclose a copy with the annual report :))

Getting rid of Healey and Simpson has transformed PAN. It's as if the brakes have been taken off or the cage opened. We know that the CEO is a dependable guy with a strong hand on the wheel but this is a man inspired. Our governance is soaring with each appointment; the news flow is pouring out,each one significant: and we have really hit the ground running. Simon Escott has firmly stamped his mark as the PAN man. What next - Warren Buffett as the FD??

Professor Francesco Gardin, commenting on his appointment as non-Executive Director of PAN, said, "I am delighted to join the board of this very exciting company at a time when it is looking to expand further into Europe and the demand for its operational expertise is it at an all-time high". Brilliant =)

We've hit the ground running! This is a massive incrase in governance for PAN. We are building a team of directors with divest and formidable street cred here. For a company like PAN to be described as 'exciting' is truly stunning - especially given the experience and Involvement of this Professor. The speed that PAN is base-building at the moment is literally awesome. We've gone from few news releases to a barrage of really good RNS releases; just what we requested. Brilliant - absolutely brilliant tactics.

Whooa - big task! Simon Escott was co-founder of Baltic Oil Terminals (now PAN) in 2004. It floated on 27th April 2006 at 140p a share. At flotation Simon held 4.5million shares and has added the other 500,000 at various prices since. I don't know, and can't find how much cash he originally put in so it's a bit of a non-starter. Certainly not 140p a share but was valued at that at flotation. All we know is that he has steered this ship as CEO from it's inception; he currently holds 5 million shares and a huge amount of respect. His CV is impressive and certainly reflects integrity and determination. Happy he's handling affairs - darned right I am. He took a self-imposed pay cut last year as the share-price fell. Not many CEO's do that! Respected.

Was at Avanti (AVN) but mentioned that (Pantastic) at PAN AGM

Just love digging up info, playing with projections and figures etc. I've been here long term but ran my head over PBTY on 13th Sept and posted my thoughts on the board as there was virtually no-one on it - still posting to myself and it's 48p three weeks later. I actually went to AGM in London ononday and was very impressed with team AND answers to my questions. PAN is now getting to the exciting stage of it's transformation - growing and underpinned by a NAV double it's current MCap. Excellent point regarding price-average of SE's 5 million shares - will work on it! Bit like working out the massive % profits on FOX prepared marble slabs that I was doing last month and the yawning discount to NAV window that opened in July - now closed - What spare time?? (go check my posts if you don't believe it =))

Realistically for all parties 50p would be fair. Holders have accepted a high degree of risk reward in the past which has now essentially been eliminated at the current share-price. I agree about the greed factor and it shouldn't be underestimated. I'd be happy at around that figure given the previous exposure. Whatever the outcome, Rosbunker (and PAN) is a very lucrative asset in a niche marketplace.