Radicle Projects Share Discussion Threads

[slapdash] 26/2/2007 21:56

yup all the tipsters appeared to go for this one..... I think the guy from t1ps.com for a start went for it.... but loads of his seem to have blown up.... can't remember his name... Tom Winnithrif or something I think..

all I can say all holdres have suffered a year and a half's patience for a 20% loss......

great investment... not...

Slapper

[danski] 26/2/2007 21:51

certain top tipsters seem to think this is one to stick in the SIPPS. 15% loss today. Oh dear. time to sack the pensions adviser...?

[makingheaps] 21/2/2007 19:50

Grim,

Don't know if you're still interested in the question of drought but this statement was made in the finals announcement:

"Radicle is exposed to the agribusiness sector, which in turn is exposed to the
vagaries of climate - droughts, fire, flood, pests and disease all play a part
in our ultimate profitability.

Our asset allocation model provides for acquisitions across a wide range of
regions within Australia, industries and management teams with a view to
minimising these risks over the whole portfolio.

Australia is in the grip of its worst drought in living memory and the impact on
many farming enterprises has been severe. Radicle has purposely chosen assets
with relatively low exposure to drought risk and we rely heavily on expert
operational management to deliver the best possible outcomes under all
circumstances. Our projects have remained largely unaffected by the droughts.
Project operational managers are usually remunerated in line with performance
and this alignment of interests should ensure that Radicle's best interests are
served."

Whether you believe this asset allocation is effective is another matter....

[grim] 06/1/2007 16:04

Timber, it seems, is not so good for anti greenhouse emissions:


2. How will the Aussie drought affect this coy?

[boischastel] 02/1/2007 21:38

Timber is good for anti greenhouse emissions, which like carbon, may be the byword for 2007?? Politically correct possibly - even though the world's politicos essentially forget it.............at their peril in my view.
In this case, there is further reason for buying here or holding.

[makingheaps] 02/1/2007 20:06

Interesting couple of T trades at the close today. Looks like there was a rash of private buyers leaving the mm short.

[marky4] 15/12/2006 12:13

Article in this week's moneyweek about investing in timber, mentions RDP as one way to play timber.

[makingheaps] 21/11/2006 13:50

Something seems to be happening. Maybe results delayed slightly for a significant announcement to be made. Time they got on with it. The reason this isn't more popular is simply that people don't trust it until it has a bit of a record.

[tyranosaurus] 20/11/2006 22:24

Price moving up nicely on little trading.

Was it held down for the 68p placing ?

About time the results came out.

[tyranosaurus] 05/11/2006 12:32

According to Radicle Projects website the preliminary results announcement was due in October 2006.
Where is it ?

[tyranosaurus] 05/11/2006 12:28

Most of the shares were sold by QPFL.
338,000 shares issued at 68p to the Tchenguiz brothers appears to be a private placing to raise money for RDP. It is probably the cheapest way to raise money.

What I don`t like is the 150,000 shares being issued by the company at 68p to meet market demand. Where is this demand ? The share price has not moved for a month.

Looks like someone wanted shares on the cheap and contacted the company rather than try to buy on the market (at a higher price).

There should be a lock in period for these shares, otherwise the price will fall when they try to offload them.

[marky4] 04/11/2006 21:28

RDP was also mentioned in Geoff Foster's market review in the Daily Mail as "one to watch". It referred to RDP as a finance company not an agribusiness though.

Looking through the RNS I'm a bit confused, I don't really understand how they can release shares to market at a price of 68p when the share price is at 81p! Do the market makers get the difference or does some preferential bidder get shares on the cheap?

All in all I'm a bit confused by the last RNS, can anybody enlighten me? I've only ever heard of The Tchenguiz brothers through their property development business and I can't see the link between them and this company.

[tyranosaurus] 02/11/2006 19:00

Interesting RNS.

I`d have bought some more at 68p but not going to get the chance.

[makingheaps] 11/10/2006 21:03

Lets hope so T Rex

[tyranosaurus] 11/10/2006 13:38

Almost 3 months to answer my question "Anybody out there?"

This share seems to be one to tuck away.

[marky4] 11/10/2006 12:26

Thnaks making heaps, I cought in for the same reasons, i think it was also tipped in the moneyweek magazine (it was that long ago now my memory is playing up).

Perhaps the dividend declaration will move things a bit as you say.

[makingheaps] 10/10/2006 17:42

Marky4, I have no news of this share but am hopeful all will become clear shortly. Results for last year were announced on 29th November so I was expecting similar this year?? A dividend declaration is due which is what I am hoping will spark some interest. I bought into this about a year ago and they've hardly moved at all. Originally I thought they might go to about £1.20 if investors got confidence in the model. The announcements of deals and cancelled deals have been frankly unfathonable. As you no doubt noted the finance director resigned recently which is rearely a good sign but the replacement is a resonably big hitter so he must of had a look and reckons its worth it for him. Otherwise he would have looked for another bluechip treasury role presumably. My theory is simply that soft commodities are tipped to do well and these schemes are tax efficient and in the govenments interest to promote so therefore attractive to investors. A bit like PFI in this country. I'm hoping some hard talking Aussie deal makers know what they are doing. If anyone knows otherwise I'd be intersted to hear your view.

[marky4] 10/10/2006 15:15

Any news on this share? Since I bought in late last year I havn't heard a thing about it. When are the annual results due?

[tyranosaurus] 12/7/2006 17:35

Anybody out there ????

I bought a few yesterday.

[robsy2] 12/1/2006 11:25

Following todays announcement I have sold my holding of 5873 shares.Simple reason is that I do not have confidence in people who announce done deals that are not done deals.
In light of the announcement the comment from the rns ,quoted below, rings hollow to me. "We expect to be in a position to announce further acquisitions in due course".

I think its very flakey.
But good luck to those who stay on board.
Robsy



RNS Number:8224W
Radicle Projects Plc
12 January 2006

12 January 2006

RADICLE PROJECTS PLC
WITHDRAW FROM NEGOTIATIONS TO ACQUIRE TGGA

Further to its announcement on 29 November 2005, Radicle Projects Plc ("Radicle"
or "the Company") announces that by mutual agreement it has withdrawn from
negotiations to acquire the table grape production business of Table Grape
Growers of Australia Pty Ltd ("TGGA") and consequently has also ceased
negotiations with SAITeysMcMahon to acquire TGGA's infrastructure and land
assets.

Michael Finniston, Chairman, Radicle Projects commented: "This transaction was
subject to satisfactory financing. However, the proposed terms for the bank
facility were not fully compatible with the overall structure of the deal. In
the circumstances it has not been possible to complete the transaction within
the required timeframe. As a result, and by mutual agreement, we have decided to
cease negotiations at this time."

He continued: "The Company continues to pursue its principal strategy through
the acquisition of interests in Managed Investment Schemes, such as those
interests announced on 24 November. We expect to be in a position to announce
further acquisitions in due course".

[slapdash] 12/1/2006 10:15

no deal yet then....

As I said before..... any future dividend entirely aspirational as the business isn't up and running yet and there is no certainty they can get the necessary deals....

Slapper

[makingheaps] 09/1/2006 18:34

OK, why should Aussie govt change course? and indeed can they for projects sanctioned under current legislation?

[jonwig] 06/1/2006 19:05

Be careful, guys.
Read the prospectus on the website.
A pretty clear risk warning is given that the whole business model depends on current tax concessions given by the OZ government.
Whatever view you take of this, they aren't giving risk-free money away when they commence divi payments.