Member Info for Temple_of_Doom

There is certainly an argument that any Western Company in Moscow making a profit is not helping the war effort in Russia ... nor is freezing one's own poipulation by higher energy prices.

The Ukraine war is without doubt a failure in diplomacy --- Zelensky should have had more sense waving a NATO flag under Putin's nose whilst the USA and UK should have take a more pro European lead and kept friends close, but Russia closer.

But it's easy to point fingers when there is a moat between the UK, USA and Russia.

"Tough sanctions" ... sanctions lead to the Brexiter type Russian simply declaring that they won't buy Western goods.

Sanctions simply shift money fron Europe to the USA ... and from Russia to India and China ... with Russia coping.

"You have no idea if there are any short interests "

Hedge funds in my opinion have a number of outlets that will be short stock just below the RADAR of 0.5% to avoid having to notify.

"Shorter’s how do you feel on this fine Friday?"

I'm sure they will have made up for it elsewhere ...... but not here.

;)

For a share that normally trades above NAV ... buy time is when it trades below ..... GLA.

MMs are keeping the spread wide with small trades placed upon on level II stopping the retail investor from buying in chuncks.

Annoying.

Popping up .. shorts closing or more leakage of a pending new contract?

News leaks out like a tetley teabag for those in know ..... Tory MPs as non execs .. why are we not surprised?

"Good products but just can’t sell them.." .... SYM should sell its gloves to the Johnson government .... cost effective disposal of gloves surplus to requirements - just plant them.

A lot of folk would have bought in on the divi announcement that settled at £3 on the day and will be bailing at breakeven now traded a bit myself only profits left in … so no net loss.

Meanwhile from investor chronicle … published 2 days ago …

“ Raven shareholders down but not (completely) out”

Note:

“ While investors would no longer own the assets of the company, they would keep an economic interest in the business in the shape of two existing unsecured loans and non-voting preference shares.”


And

“On top of that, the divestment will need to satisfy sanctioning authorities, and Russian management will need to act as good faith counterparties, despite being cut off from the Raven Property group.”

… and supports my view … with shareholders wiped out and depending upon the good faith of Russian directors in dealing with the RAV shell company … preference share holders also.

Once the raven assets are transferred to Cyprus … RAV can be allowed to go bankrupt.

You are not winning this argument devonplay … go on line and search for SIPP providers that allow unlisted stocks to be held …. As I wrote already MNG is the only name I recognise … AJBell and Interactive Investor do not for the reasons I explained already whilst quoting the AJ Bell website directly.

It really is obvious … who does one buy from and who does one sell unlisted stocks to?

:)

“ - a nominal consideration of 670 million prefs, plus a 40 million debt and a 1,1 billion rouble issue with all other cash in "RRHCL" returned to RAV. All against assets valued @ c400m.”

ROFL

5p a share is my bet for RAV shareholders …. And if they get that Xmas will have come early.

As per my comments below RAVP 0-20p …. With 0p a distinct possibility if the sale of RAV goes to Prestino Investments:

Perhaps this will help that I came across today …. Mr delusional:

“ MOSCOW. March 18 (Interfax) - Raven Property Group (RPG), one of the leaders on the Russian warehouse real estate market, has decided to sell all of its Russian assets to local management "for nominal consideration," and cancel listings on all exchanges where its shares are traded, including the London Stock Exchange and Moscow Exchange , the company said in a statement.

The buyer of the Russian business will be Prestino Investments Ltd, a Cypriot company to be owned and controlled by RPG's Russian management team, led by Igor Bogorodov. Prestino will acquire the entire issued ordinary share capital of Raven Russia (Holdings) Cyprus Limited, which is the existing owner of all of the Group's Russian assets and related debt.”

“ SIPPs allow unlisted assets.”

What can I invest in with an AJ Bell Youinvest SIPP?
You can choose from more than 2,000 funds, as well as shares in the UK and 24 international markets. We also offer investment trusts, ETFs, corporate bonds and gilts. Assets you can't hold in a SIPP with us include private companies (i.e. those not listed on a stock exchange) and peer-to-peer lending. You also can't invest directly in residential or commercial property through your SIPP.

Same is true for II …. The only brand name I recognised among those SIPP providers that allow unlisted shares is MNG with caveats on holding costs that were expensive for unlisted shares. As I said, UK regulations require investor documentation is provided to enable SIPP customers to make informed decisions no documentation, no can buy.

You are welcome.

:)

More like it now onward past 120p

Put some limit buys in at 103.5 so they can sell to me at that price or lift the shareprice. W*nkers. …. ;)

Automated trades are still dicking around with the shareprice.

Looks to me as though someone has seen results here …. Too many Tory MPs as non execs …. All anti-EU crooks IMHO.

Wotever … shorts are looking to get the price below the spike from last week …. 100p target for me.

If someone promises jam tomorrow …. best to wait until tomorrow to see if it arrives.

"-it's a nominal fee for the option. What the assets are worth it a totally different conversation."

From the RNS:
"to allow it to dispose of the entire issued ordinary share capital of Raven Russia (Holdings) Cyprus Limited ("RRHCL") (being the existing owner of all of the Group's Russian assets and related debt) to its Russian management team, for nominal consideration."

The share ownership is indeed passed on to Russian management ..... current equity holder receive a "nominal consideration".

As I stated.

"you can hold" - but not much good if one cannot hold is it? Pedantic point.

"but you are unable to prove any evidence of impropriety?" - Russian owners, in a sanctioned Russia ... with zero loyalty to the west .. are more likely to worry if they do not receive the order of Lenin from Putin ... than reputation in the west .... do excuse the sarcasm.

Up to 5p per share for current RAV shareholders, and up to 20p for current RAVP preference shares are my predictions with a forced sale for anyone holding in AJ BELL, Interative Investor or any other SIPP that adheres to UK regulations on SIPP holdings.

If the put option goes through.

I don't hold RAV shares but I have some RAVP preference shares .... I've written those assets off to zero with any return a bonus.