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Eih Share Discussion Threads
Showing 26 to 49 of 50 messages
|Return of capital
|"management fees will be reduced by 60%" .....is that generous?
Under their management my investment is down 50%! I'm paying them to lose my money...wish I had a job like that..i'd be very wealthy.
Why arnt management fee's linked to share holder returns/results I.e. they get paid on dividend and share holder redemptions only?
Surely if they can't manage a return within the timescale they stipulate they should be fired....shouldn't they?|
|RNS Number : 3683T
05 January 2017
EIH PLC ("EIH" or the "Company")
Update on EIH's investment in Evolvence India Fund PCC ("EIF")
As at 30 June 2016 the Company's largest investment was US$20.1m invested in EIF (capital called of US$45.1m, less refund of capital contributions of US$25.0m), equivalent to 31.2 cents per share. At that reporting date the Fair Value (unaudited) of the Company's investment in EIF was US$20.6m, equivalent to 31.9 cents per share, representing a 1.03 x multiple over cost.
In order to maximize the value of the unrealized portfolio and to execute orderly exits, EIF's Investment Manager has extended the life of the fund until 31 October 2019.
During the extension period the management fees will be reduced by 60% from the previous level and are capped at a fixed annual amount. The Company pays certain annual management fees and expenses to EIF in respect of its commitments to that fund. While these costs are embedded in the capital account of EIF and do not appear in the profit or loss for the Company, the reduction in the management fees by 60% nonetheless represents a cost reduction for the Company.
The Directors have reviewed certain underlying financial information provided to us by EIF's Investment Manager and we remain confident that as EIF's underlying portfolio matures and further realisations are achieved, further cash distributions will be received.
For further information, please contact:
Tel: +41 (0) 79 620 0215
Nplus1 Singer Advisory LLP (Nominated Adviser)
James Maxwell / Alex Laughton-Scott
+44 (0)20 7496 3000
This information is provided by RNS
The company news service from the London Stock Exchange
|28 February 2013
EIH plc ("EIH" or the "Company")
Return of Capital
The Board of Directors of EIH is pleased to announce that following the receipt of a distribution from EIF of US$0.9m the board has resolved to make a capital distribution of US$0.02 per share, equivalent to approximately US$1.29 million, to shareholders (the "Distribution").
It is intended that the Distribution will be paid on 15 March 2013 to shareholders recorded on the register at the close of business on 8 March 2013. The shares will be marked ex on 6 March 2013.
For further information, please contact:
|Weiss Asset Management reducing! Now holding 6.83%
|SP over 40% discount.|
|"At year end, the Company's net asset value was US$1.136 per share" from the annual report in May 2011.
At todays exchange rate .7059p per share NAV.|
|"The Company shall not make any new investments, save for commitments already entered into. The Company will actively manage its investments and seek to realise such investments in a managed way at an appropriate time, returning proceeds to Shareholders as soon as practicable"...|
Returning capital and the arrival of Weiss_Asset Management have drawn this to my attention.
To see the the rest of Weiss Asset Management's holdings see the WAM thread: http://www.advfn.com/cmn/fbb/thread.php3?id=24182742&from=3|
|This BB is now closed - the company has changed its name to Dynasty Gaming Inc. symbol DNY on TSX.|
|Well, I just had a quick game at homahjong. Have to say the interface is interesting being 3d, but the graphics really aren't that slick and neither are the player graphics. There wasn't even a chat function, most people socialise whilst playing. So that is a big turn off. There weren't any money games available, only play money.
The game could be designed to run faster imo. I can't see it taking off i'm afraid. The engine is just not slick enough.|
|Thanks big. I will check it out soon.|
|You can play for cash on the casino at www.drho888.com or on www.homahjong.com (seems they only take neteller at the moment)|
|When can I start playing for cash and how?|
|LOL! Is it for money? Do you deposit cash there?|
|I've got through to the Mahjong lobby and joined a game.
Trouble is, I seem to be the only one there!|
|I checked the site and can see the description of the product etc. But it does not seem to be active and running online yet? I would love to play mahjong for money. Can you tell me when it will be available to use or when it is planned to launch?|
|Bigbasher, you ever tried playing with a beginner before though? LOL! They take AGES!!!|
|According to MM the games are running at 3 to 5 minutes.|
|Ok big, thats interesting. However, do yo know how long it takes to finish a game of mahjong? Each single game can take at least 5 minutes, going up to 10-15mins depending on how slow players are.|
|Aerotus, to answer your specific points. Have a play on www.homahjong.com. If you disconnect or throw a game it completes and your player discards the tile from the wall. That means you dont win but the game completes. Unlike Poker you get a new set of 3 partners for every game - different proposition but interesting I think.|
|I am of chinese origin. I speak cantonese.|