Member Info for tomb2100

Following the placement in Q4 2009 and the further private placement at 32p as detailed by Bogit the SP is making great progress northwards and this despite some offloading of shares possibly from Smith Williamson which the MM's seem happy to snap up. We are fully funded up to production in 2011 and have effectively pre sold Gold to Sandstorm for $20M, available in tranches. As far as LSE is concerned we are under the radar - which is no bad thing!! So heres to a profitable 2010,2011,2012,2013.............2041!

is! Chairman-elect Tim Ingram has acquired 250,000 shares in broker Collins Stewart. Ingram has been a non-exec on the broker's board for 10 weeks and the share purchase at 77.69p a share represents an investment of £194,225. The purchase takes his stake to 285,000 shares. Ingram takes over as chairman from Terry Smith on 1 April. Ingram has been chief executive of Caledonia Investments since 2002 and prior to that worked at Abbey National and First National Finance Corporation. The shares were acquired the day after Collins Stewart released its 2009 figures and announced the purchase of Corazon Capital Group for an initial £1m in shares. There is potential deferred consideration of up to £6m in shares. Corazon managed £382m of assets in Guernsey and Geneva at the end of February 2010. This will enhance the wealth management division of Collins Stewart. Collins Stewart returned to profit in 2009 despite tough markets after progress at all of its units. Pre-tax profit came in at £18.4m compared to a pre-tax loss of £15.2m the year before. Revenue increased to £186.4m for the year ended 31 December 2009 from £175.7m previously. Top Director Buys Collins Stewart (CLST) Director name: Mr Tim Ingram Amount purchased: 250,000 @ 77.69p Value: £194,225

Has the market suddenly woken up to the fact that the NAV is about 150p per share and year end to Dec 09 the value of the portfolio has fallen by a mere 0.5%. Oh and they actually pay dividends!!!!

They are priced in Euros so .19 of a euro is 17p, nice research! : )

If you go to their website you'll see the reason. Basically it looks like they have exceeded a Loan to Value Ratio on a property as 2 tenants left resulting in a large void. However as it states they have other property with no Bank charges on so if the bank require extra charges its not a problem. So usual knee jerk reaction to some disappointing news about tentants leaving.

Your were right - where do the charts see this going? -New support in the 80's or even 90's would be good, never did like the 70's! Thanks

As of 27th November NAV is 26.5p a share. So still trading at a significant discount, but no dividend may be putting investors off.

Granted its all gone a bit quiet over here since the most recent spike. But can any of you conspiracy theoriest out there shed any light on todays trades - 3 trades of about 23 shares??

Patexd - Clearly I haven't read the leases but providing the annual rent is based on nil increase or RPI, whichever is greater it may well be more beneficial than the typical rent reviews at 5 year intervals. At least there may be some uplift. I can't see many lease with a 5 yearly rent review pattern getting an increase over the coming years.

That should have been posted to regular!!

Lets face it was fairly inevitable as everyone has there own exit positions, stategy etc and the MM's have to make a bit. I haven't seen many shares that just break out and stay there, look at OXB, even ENEG which has now moved on again. Personally I beleive there a good things to come from Vyke with its Voip but they've got to be a little careful on the cashburn. Also as someone pointed out yesterday the higher the SP the lower the dilution. I'm hopeing to get in around the 12p mark - nothing against current holders but as I said everyone has their own exit and and entry point. GLA

So is it fair to say they have a facility of £10M they can draw down on which will clearly dilute the shareholding as per the agreement but in Hoodless Brenda's opinion that may leave them a bit short?

It may not be a bank facility but clearly funding is in place and can be drawn down as required. The communications group is set to receive GBP 10.00 million over the next three years from the Global Emerging Markets fund. Vyke is not obliged to draw on the funds GEM Global is offering. On drawdown it will issue ordinary shares at a 10.0 per cent discount to its average closing price over the preceding 15 trading days. Just thought I'd try and clear this up, just watching from the sidelines currently, I wouldn't mind a few MM games to bring it down a bit further and possibly a nicer spread. But hey I also want them to realease MTA but we can't get everything we want!

Thanks for pointing that out faz147, I should research a bit better before posting, all part of the learning curve I guess. But it would be fare to say that unless demand picks up for taxis the market will get a bit smaller.

I'm currently on the fence on as they supply taxis. A couple of weeks back I was in a london cab from St Pancras. The driver was moaning at me as he'd been queing for ages and it was only a £5 journey. He was saying there are just too many cabbies and when 'Ken was mayor he'd really f*cked it up!' Anyone have any reassuing comments on this (granted the cabbie was Scottish and was moaning about lack of work in London!)

Breakfast = Golden Grahams Lunch = Goldfish and Chips Dinner = Abbey Gold cheese on toast Adobong you're not wrong! I hope this assists the forum with their investment strategy!

Its genius (alas it wasn't me) and even better the buy caused the SP to go down. What are the MM's up to bless em.

Just in case anyone missed the news LONDON (AFP) - The price of gold struck an all-time high point of 1,036.60 dollars an ounce here on Tuesday as the dollar fell on a reported plan by Gulf states to stop using the greenback for oil trading. Gold reached the level at about 1310 GMT on the London Bullion Market, beating the previous record high of 1,032.70 dollars an ounce struck in March, 2008. PB if you're reading this you may be laughing as you know I'm normally in property - but thought I should have a gold hedge around my properties!

Thanks for the recommendation, haven't gone into UNIQ as yet but after some research I've bought more property shares, this time in PSPI - good interim results and ex divi date is the 7th Oct, NAV is about £1.50. Surprised PB hasn't been here recently after Segro's drop.

I see in the Sept 24 half yearly report the NAV is 23.9 p a share and yet you have the SP at 9.5! I'm going to buy some more - see how you like that!! p.s. hello ShareDreamz77 is there anybole else there!