China Growth Share Discussion Threads

[tomboyb] 09/11/2012 11:45

UK firm debuts in Nigeria, targets $500m investment


UNITED Kingdom (UK)-based firm, Scarborough United Group Plc (SUGPlc), a subsidiary of Scarborough Group International Limited (SGIL), has announced plans to explore investment opportunities in Nigeria.
SUG Plc and SU Plc are subsidiaries of Scarborough Group International Ltd (SGIL) which is controlled by the McCabe family, led by real estate and leisure entrepreneur, Kevin McCabe.
Founded by Kevin McCabe in 1980, Scarborough Group International has grown from a UK based real estate developer and investor into a global player which today has real estate, retail, energy, financial products and leisure interests in

[tomboyb] 09/11/2012 08:31

First post - Very speculative CGOP thread - a shell with Kev maccabe on board with a 28% holding and warrants at 5p per share - Capped at 390k its a punt on a reverse takeover at some point -

[tomboyb] 09/11/2012 08:26

hxxp://www.chinagrowthopportunities.com/



Shares in issue = 70mill

Market cap = 390k

Kevin is the founding director of the Scarborough Group of companies ("Scarborough Group") and has been its chairman since inception. The Scarborough Group's interests have diversified to include, inter alia, a global investment portfolio in excess of £1.0 billion.


Share Capital

Scarborough Holding Company 20,000,000 28.57%
Damille Partners and Damille Partners II 13,751,920 19.65%
Weiss Asset Management 11,884,336 16.98%
The Photo Distribution Ltd Retirement Benefit Scheme 5,475,796 7.82%
Duncan Hall 5,150,000 7.36%
Hargreaves Lansdown Asset Management 3,651,922 5.22%
3,150,000 4.50%
Schroder Investment Management 2,437,272 3.48%

Kevin Mccabe has taken a 28% in CGOP

[tomboyb] 09/11/2012 08:23

Do not use thread -

[praipus] 07/9/2012 16:59

Hence my comment if I've read the details correctly Mrs Miggins has allocated about 1% here whereas the main professional investors have allocated only around .03% of AUM.

So do ernie and bert know something or are they cow boys?

[moreforus] 07/9/2012 15:19

Praipus......

if that were the case on all my stocks i;d be up 1000% today

[praipus] 07/9/2012 15:17

Indeed, I hope Mrs Miggins know's the risk bert and ernie are taking.

Hopefully though, the board of CGOP will honour their responsibilities and reward all shareholders for their commitment and steadfastness during such difficult times.

[moreforus] 07/9/2012 15:04

yep its a photo shop!

probably mr and mrs miggins photographic emporium...bert and ernie need to out their 6% pa somewhere!

[praipus] 07/9/2012 15:01

lol, Have you googled them?

[moreforus] 07/9/2012 13:13

Praipus interesting thanks

however a pension fund buying 7.82% is not exactly a bucket shop !

[praipus] 07/9/2012 13:03

QVT are an interesting active value investor so a little surprised to see them leave, that said they've been in for some time and suspect the stock owed them nothing due to capital redemptions etc.



I track all QVT's holdings RNS on the WAM thread and list all their holdings including charts in post 2.



I also track some of the other major holders here i.e. Weiss and Damille.

[tomboyb] 07/9/2012 12:56

Bit of news on Mccabe -

Kevin McCabe's company have invited one of Nigeria's leading investment bankers, Mr Jacob Esan, onto the board of both Scarborough Group International Limited and the football club.

[moreforus] 07/9/2012 12:10

Could be more that want in...but that was an insti to insti sale....all the stock was taken by the pension fund as per their rns ...can't imagine a pension fund would want to throw their money away on a high risk asset so they must have more than a random punt here....

[lufc5] 07/9/2012 12:06

M4. Right is that everyone in that wants in, and everyone out......

[moreforus] 07/9/2012 12:05

and the seller is out

China Growth Opportunities Ltd Holding(s) in Company
Print
Alert
TIDMCGOP

RNS Number : 7822L

China Growth Opportunities Ltd

07 September 2012


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES(i)
-----------------------------------------------------------------------------------------

1. Identity of the issuer or the underlying China Growth Opportunities Limited
issuer
of existing shares to which voting rights
are
attached: (ii)
-------------------------------------------------- -------------------------------------
2 Reason for the notification (please tick the appropriate box or boxes):
-----------------------------------------------------------------------------------------
An acquisition or disposal of voting rights X
-------------------------------------------------------------------------------- -------
An acquisition or disposal of qualifying financial instruments
which may result in the acquisition of shares already issued to
which voting rights are attached
-------------------------------------------------------------------------------- -------
An acquisition or disposal of instruments with similar economic
effect to qualifying financial instruments
-------------------------------------------------------------------------------- -------
An event changing the breakdown of voting rights
-------------------------------------------------------------------------------- -------
Other (please
specify):
------------------- ----------------------------------------------------------- -------
3. Full name of person(s) subject QVT Financial LP
to the
notification obligation: (iii)
-------------------------------------------- -------------------------------------------
4. Full name of shareholder(s) QVT Fund LP
(if different from 3.):(iv) Quintessence Fund L.P.
-------------------------------------------- -------------------------------------------
5. Date of the transaction and date 5 September 2012
on
which the threshold is crossed
or
reached: (v)
-------------------------------------------- -------------------------------------------
6. Date on which issuer notified: 6 September 2012
-------------------------------------------- -------------------------------------------
7. Threshold(s) that is/are crossed
or
reached: (vi, vii) 6%-3%
-------------------------------------------- -------------------------------------------



8. Notified details:
------------------------------------------------------------------------------------------------------------------
A: Voting rights attached to shares (viii, ix)
------------------------------------------------------------------------------------------------------------------
Class/type Situation previous Resulting situation after the triggering
of to the triggering transaction
shares transaction

if possible
using
the ISIN CODE
-------------- ----------------------------------- -------------------------------------------------------------
Number Number Number Number of voting % of voting rights
of of of rights (x)
Shares Voting shares
Rights
-------------- -------------- ------------------- ------- ----------------------- ---------------------------
Direct Direct Indirect Direct Indirect
(xi) (xii)
-------------- ----- ------- ------ ----- ---- ------- ------------ --------- ------------- ------------
Below
GB00B0XF7K04 4,369,796 4,369,796 3% Below 3% Below 3%
-------------- ------------------- ------- ------------ --------- ------------- ------------


B: Qualifying Financial Instruments
------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------
Type of financial Expiration Exercise/ Number of voting % of voting
instrument date (xiii) Conversion Period rights that may rights
(xiv) be
acquired if the
instrument is
exercised/ converted.
--------------------- --------------- -------------------------- -------------------------- ------------------


C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments (xv, xvi)
------------------------------------------------------------------------------------------------------------------
Resulting situation after the triggering transaction
------------------------------------------------------------------------------------------------------------------
Type of Exercise Expiration Exercise/ Number of voting % of voting rights
financial price date (xvii) Conversion rights instrument (xix, xx)
instrument period refers to
(xviii)
-------------- -------------- ------------- ------------- --------------------------- -----------------------
Nominal Delta
-------------- -------------- ------------- ------------- --------------------------- ---------- -----------


Total (A+B+C)
------------------------------------------------------------------------------------------------------------------
Number of voting rights Percentage of voting rights
------------------------------------------------------------ ----------------------------------------------------
Below 3% Below 3%
------------------------------------------------------------ ----------------------------------------------------



9. Chain of controlled undertakings through which the voting rights and/or
the
financial instruments are effectively held, if applicable: (xxi)
--------------------------------------------------------------------------------


Proxy Voting:
--------------------------------------------------------------------------------
10. Name of the proxy holder:
--------------------------------------------------- ---------------------------
11. Number of voting rights proxy holder will
cease
to hold:
--------------------------------------------------- ---------------------------
12. Date on which proxy holder will cease to
hold
voting rights:
--------------------------------------------------- ---------------------------


13. Additional information:
---------------------------------------- --------------------------------------
14. Contact name: Meg Eisner
---------------------------------------- --------------------------------------
15. Contact telephone number: [phone]
---------------------------------------- --------------------------------------


This information is provided by RNS

The company news service from the London Stock Exchange

END

[moreforus] 06/9/2012 08:37

we should get the sell notice soon from our friends

[moreforus] 06/9/2012 08:36

wake up people

China Growth Opportunities Ltd Holding(s) in Company
Print
Alert
TIDMCGOP

RNS Number : 6428L

China Growth Opportunities Ltd

06 September 2012

China Growth Opportunities Limited

(the "Company")

Holding in Company

On 05 September 2012 the Company was informed that, following the purchase of 4,369,796 ordinary shares of 1 pence each ("Ordinary Shares") on 05 September 2012, The Photo Distribution Ltd Retirement Benefits Scheme holds 5,475,796 Ordinary Shares, representing 7.82% of the total issued Ordinary Share capital of the Company.

-ends-

For further information, please visit www.chinagrowthopportunities.com or contact:


China Growth Opportunities + 41 (0) 796 200
Limited Rhys Davies 215
Singer Capital Markets Limited + 44 (0) 20 3205
(Nomad) James Maxwell 7500

This information is provided by RNS

[moreforus] 05/9/2012 15:40

hmmmm

very interesting ...looks like seller is done here!!

[moreforus] 05/9/2012 15:40

large buy...

you wouldnt get 0.66p for a sale of 4.3 mill!

now lets see who bought!

[moreforus] 16/8/2012 18:20

I reckon his last 1 mill came from the above sale order as probably did most of our top ups this week....so maybe he will be in for more who knows I'm sure he doesn't want to spoil his own market....

[lufc5] 16/8/2012 17:36

Will Duncan have his name on any of those?

[moreforus] 16/8/2012 17:34

Bang on!

That leaves them with just over 4 mill.....

Hmmmmm