Crosby Asset. Share Discussion Threads

[andrbea] 07/6/2011 16:03

down 10% now

give us some news lads, you don't need to wait till the AGM

[patboy] 07/6/2011 15:10

Seems m m dont want to make a market in these not worth there bother ?

[jojo_jo] 07/6/2011 13:41

5% down on less than 80,000 shares ( = £3.6k worth approx.), amazing!

Some news would be nice (...BEFORE the AGM).

[patboy] 03/6/2011 20:52

guru yes today and yesterday most were buys if not all I know that for a fact.

[theshareguru] 03/6/2011 17:08

any body bought yesterday or today, was it shown as sell,

[littlemadam] 03/6/2011 09:26

Did someone here mention the EK shorted this to 5p? If that was the case, what happens now he has achieved his aim?

[patboy] 02/6/2011 16:38

all buys to day

[littlemadam] 31/5/2011 20:37

JoJo - agreed. Top-up time methinks. In the distant, and not so distant, past I too have often sold out too early for a small profit. One example is that a year or so ago I bought 20000 CIU at 23p and sold at 65p. Felt really chuffed. Last time I (dared) look they were over £5. I have other examples. Now I am determined to hold and also keep accumulating and look to one or two years out.

[jojo_jo] 31/5/2011 14:48

Too boring for T+ holders it seems. Their loss.

[napoleon111] 31/5/2011 10:01

21 richyrich, sounds a bit like zest music aka rare earth minerals, please dont be ramping other shares on this thread, so far we have managed to keep it relatively clean
Rgds
Nap

[2magpies] 27/5/2011 17:03

Quite.

However they may announce stuff on the day of the AGM (i.e. just before, or concurrently)

Steady rise will suit me just fine ;-)

[21richyrich] 27/5/2011 16:32

guys, off topic but i have been posting on HWC (Highway Capital) which is a £1m mcap shell where a major stake has just changed hands and Ronald Bruce Rowan has taken a 28% stake...could be very interesting next week when it hits the radar

[m1notaur] 27/5/2011 15:22

I know as much as you on that - Russian and Kazak assets.

[jojo_jo] 27/5/2011 14:59

I don't envisage a traditional 'reverse' but if there was one it would likely involve the reversal of all/most Abramovich's Zoltav assets. More likely that the company will effectively buy some of his (and possibly Mckeon's) assets by way of finance provided/arranged by Renaissance or another similar. This would enable them to cash-out some of their investments whilst retaining a decent size stake in them. A no-lose situation for them (they get a fair price for their assets and retain a percentage of those assets future growth).
Would not welcome a suspension of the shares with all its implications, unless the ultimate value of each share was made clear immediately prior.

I don't suppose anyone knows what Abramovich currently holds in his Zoltav?

Usual imho/dyor caveats of course.

[m1notaur] 27/5/2011 14:47

I dont often post and i dont need a quick buck, Im in heavily for the long term.

I have never found sentiment driven stocks reliable investments and tend to steer clear of the herd.

I invested in CSB due to the credentials of the management and a recommendation from a reliable source.

I intend to post any relevant info i found out about the company - It is up to the reader to ascertain the importance of the information.

As always please do your own research, No advice Intended.

[spurberry] 27/5/2011 14:28

m1

I hope you are right but I have spoken to the compnay and someone close to the company a day or so ago.

General gist is that the AGM will be for the usual AGM discussions and they were due to announce one so this had to be done.

Reverse take overs is the most likely way of obtaining assets and if this occurred the shares would be suspended for a few months while everything is sorted out.

They have to try and aquire an asset by October as per aim rules for companies like CSB.

As I say I hope your right M1 and I am not aware of you from other threads for ramping or deramping but if you have come here trying to push up the price for the AGM for a quick buck give up.

[m1notaur] 27/5/2011 14:17

Assets apparently announced at agm i hear....

[jojo_jo] 27/5/2011 14:12

I can see this creeping up in the run in to the AGM, and then hopefully jumping much higher - to the full value of the assets/investments being acquired.

[2magpies] 27/5/2011 12:33

ok, meeting is on 21st -- still, not long to go.

[romanlyczko] 27/5/2011 12:28

check the date again.
LOL

[2magpies] 27/5/2011 12:17

AGM 20th June -- not far now.

I wonder what they'll be talking about!

Hmmm. ;-)

[jojo_jo] 27/5/2011 11:17

Russia still in focus too, it seems...

26 May 2011
Renaissance Capital appoints Ivan Tchakarov as Chief Economist for Russia & CIS

Moscow, 26 May 2011– Renaissance Capital, the leading emerging markets investment bank, has appointed Ivan Tchakarov as Chief Economist for Russia & CIS, and Natalia Suseeva as Analyst, Economics Research.

Mr. Tchakarov and Ms. Suseeva further enhance Renaissance's award-winning Russia & CIS economics group, anchoring these core coverage regions in the Firm's global research offering.

Mr. Tchakarov will have responsibility for daily coverage of all Russia & CIS economics research, with direct management responsibility for the Russia & CIS economics research team. He joins Renaissance from Bank of America Merrill Lynch in Moscow, where he held a similar position. Prior to that, Mr. Tchakarov was Chief Economist for Russia & CIS at Nomura/Lehman Brothers, and an economist at the International Monetary Fund in Washington DC, where as part of the Asia-Pac Department he took part in a number of country assignments, including Thailand, Myanmar and the Maldives.

Ms. Sudeeva joins Renaissance from Bank of America Merrill Lynch, where she worked as an analyst in the global macro research department. Prior to that, she worked as an audit consultant within the utilities and mining group at PwC in Moscow.

[jojo_jo] 27/5/2011 11:14

Looks like Africa could be the first stop, and as it's generally regarded as the next major growth region (particularly for minerals and natural resources) CSB have teamed up with the perfect partner in Renaissance.
From their website...


26 May 2011
Renaissance Capital wins multiple awards in Africa ranking

Johannesburg, 26 May 2011– Renaissance Capital, the leading emerging markets investment bank, has won multiple awards for its research coverage in Africa from South Africa's foremost weekly financial publication.

In the Financial Mail's annual "Analyst of the Year" awards, published on 25 May, Renaissance Capital was ranked No. 1 overall (unweighted), No. 1 for "Other African Economies and Markets," and No. 3 overall (weighted) in all sectors. In addition, Renaissance Capital ranked No. 1 overall (unweighted) dealing: Equities, No. 2 in (weighted) dealing: Equities, and No. 5 in Sales.

The awards follow a year of expansion for Renaissance's global research team. Following the acquisition of leading South African broker BJM in July 2010, Renaissance has more than doubled its research team globally, with over 35 people dedicated to Africa coverage.

"Renaissance Capital's strong performance in the Financial Mail's rankings further underscores our firm's success in building the leading emerging markets research team in Africa and other key geographies, including Russia, CIS, Emerging Europe and Asia," said David Nangle, Head of Equity Research.

Renaissance Capital's rankings in the Financial Mail:

Gerhard Engelbrecht: No. 1 – Oil

Emma Townshend: No. 1 – Platinum

Elna Moolman: No. 1 – Econometrics

Renda Rundle: No. 1 – Quants

Johan Snyman: No. 1 – Electronics

Ceri Moodie: No. 1 – Business Support

Rey Wium: No. 1 – Luxury Goods

Jeanine Womersley: No. 1 – Hotels

Ceri Moodie: No. 1 – Diversified industrials



Umulinga Karangwa: No. 2 – Africa (Other African Economies and Markets)

Rey Wium: No. 2 – Innovative Research



Mamokete Lijane: No. 3 – Fixed Income

John Arron: No. 3 – Construction



Ilan Stermer: No. 4 – Banks

Herman van Papendorp: No. 4 – Investment Strategy

Johan Snyman: No. 4 – Telecoms

Johan Snyman: No. 4 – Comp Serv

Johan Snyman and Jeanine Womersley: No. 4 – Financial Industrial Small Caps

Robyn Collins: No. 4 – Pharmaceuticals



Yvonne Mhango: No. 5 – Africa (Other African Economies and Markets)

Mamokete Lijane: No. 5 – Credit Analysis

Ceri Moodie: No. 5 – Corporate Governance



Adriana Benedetti: No. 6 – Paper

Robyn Collins: No. 6 – Food Producers



About Renaissance Capital (www.rencap.com)

Renaissance Capital is a leading investment bank focused on the emerging markets of Russia, CIS, Eastern Europe, Asia and Africa. The Firm also offers its clients access to these markets through financial centers such as London, New York and Hong Kong. Renaissance Capital has market-leading positions in each of its core businesses - M&A, equity and debt capital markets, securities sales and trading, research, and derivatives. The Firm is building market-leading practices across emerging markets globally in metals & mining, oil & gas and agriculture. Renaissance Capital is part of Renaissance Group.