Rose Grp Share Discussion Threads

[andrbea] 02/6/2009 13:48

it's a 4-bagger over the last 2 months

creeping up on low volume

makes you wonder how it would react if we had a big buyer.

nia dyor

[andrbea] 05/5/2009 10:34

still a long way to go

eg was 4$ in Sept 2008

now 0.51$ to buy

[andrbea] 28/4/2009 19:27

good buying pressure in the afternoon
series of 10k buys, and up 28.5%

[andrbea] 28/4/2009 13:57

further to post 97

the YOY drop in NAV (2008 to March 2009):

from March 2009 presentation note:

Total NAV decreased by 70% YoY from $1,950.8 MM to $591.8MM (NAV per share down
to $4.70/share)

[andrbea] 22/4/2009 11:31

can't equate mkt cap (50m pounds) to reasonable cash balance + assets (nav marked down by 70% in 2008)


Cash balance at 31 December 2008 of US$21.7 million (= 14.8 m pounds)

Disregarding medium-term debt, this has to be a bargain at this level

Many property shares recovering in the UK and Europe in the past month
(xxic, mnr, ipi, ...)

rgi is still at a very low price IMO

nia dyor

[andrbea] 16/4/2009 15:53

Moscow international property show
Thursday, April 16, 2009

Catherine Deshayes

The Moscow International Property Show held last weekend confirmed it's position as the leading event in Russia for International Real Estate developers and agents, as visitors swarmed to this concentrated two day event - the next one is in November...

A total of 173 participating companies from 43 countries ensured an interesting variety for the visitors.

[andrbea] 14/4/2009 12:30

xxic up 56% today (has some properties in Moscow)

this article offers some hope of an improvement:

14 April

Analysts at Peresvet-Invest said the trend suggested that buyers were considering moving their savings into property, and their company has received more inquiries in January and February than in December. Other companies, including Lider, Mirax Group, Don-Stroi and City-XXI Century also said they had seen more interest.

[andrbea] 08/4/2009 15:10

Cash balance at 31 December 2008 of US$21.7 million

[andrbea] 08/4/2009 14:46

have copied my post to there

tx pelleeds1980

[pelleeds1980] 08/4/2009 14:43

Check out andrbea

[pelleeds1980] 06/4/2009 11:47

Doing the business again. Andrbea thanks for bringing to my attention

[pelleeds1980] 31/3/2009 16:57

Tick up in auction

[pelleeds1980] 31/3/2009 12:36

Well if we approach anything near NAV this will be a hell of a shrewd investment.

Not counting chickens but thanks for bringing this to my attention..

[andrbea] 31/3/2009 12:32

the fact that a heavyweight like MS* is taking an 8% stake must say piles about this company

i.e. that it has a medium-term future until the economy recovers (eg in 2010) at which point, its astonishing loss in NAV (70% down on paper during 2008) will, hopefully, reappear. And that the mkt cap may recover too, by equal measure.

see holding RNS dd 30 March

* Morgan Stanley

[pelleeds1980] 31/3/2009 12:19

Another tick up....

[andrbea] 27/3/2009 15:11

Carrefour to Open First Moscow Store in May

26-03-09, 10:09, (Property Xpress) - French hypermarket chain Carrefour is about to open its first Moscow unit in May, market sources said. It will

[andrbea] 27/3/2009 15:10

U.S. Investment Fund Ready to Pour EUR 100 mln in Russian Property

26-03-09, 13:40, (Property Xpress) - An international investment company plans to invest some EUR 100 mln in the real estate markets of Moscow and ...

[darcon] 27/3/2009 13:36

Agree Daytraders. Trade volume is insignificant and it could be MMs playing games.

I don't dispute that long-term an investment here may turn a profit, but there are many risks and anyone looking for a quick buck should be extremely careful

[daytraders] 27/3/2009 08:38

ok just wanted to state that most of the trades looked iffy to me, but it could be a good punt, gl

[pelleeds1980] 27/3/2009 08:27

Daytraders theyve released the results and the NAV is as stated. This is a punt by me ive not been tricked and if it ends in tears then I am prepared to lose my £300