ADVFN Logo

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

SOV Sovgem

16.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Sovgem LSE:SOV London Ordinary Share GB00B03XLZ73 ORD 0.001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 16.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Sovgem Share Discussion Threads

Showing 176 to 199 of 450 messages
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older
DateSubjectAuthorDiscuss
22/12/2005
08:05
New investment - link in header.


...made a £500,000 investment in Tynda Forest Holdings Limited ('Tynda'). Tynda is a private and established forestry products company based in the Amur region of Russia's Far East. This investment represents 1.5% of the Tynda enlarged share capital.

The investment will help Tynda increase its capacity to meet growing Asian
demand, reduce its harvesting costs and expand its base of wood products. Tynda
is a forestry products company with a 30 year history in the Russian Far East.
Its primary business is harvesting trees on long term timber cutting rights and
the export of logs to the fast growing Asian market. Tynda operates wood
processing and MDF manufacturing facilities for both the Chinese and domestic
market. SovGEM believes investing in Tynda is an excellent opportunity for
SovGEM to take advantage of the developing domestic demand growth in China by
investing in an industry leader.

Tynda is expected to seek a public listing in the next year. Tynda's non
Executive Chairman is Peter Hambro, Chairman of Peter Hambro Mining PLC.

So this early-stage investment might get a considerable uplift in value at the IPO stage.

jonwig
21/12/2005
09:26
Theres no need to pay 9.5p like someone has this morning. Comdirect and ShareViewDealing will give you 100K for 9p. These 2 online brokers give the best prices in my experience.
hugepants
20/12/2005
18:23
Yes and 2 more 650K trades today at 9.5 and 9.45

PS. Harbin is really going well, up 6% today so far to new all time high. Bodisen up 5% (after 3% fall yesterday). AOB down 3% today after 3.5% fall yesterday.

hugepants
19/12/2005
17:58
650k at 9p gone through. last time we had a big block at the bid was when the chairman bot 500k at 6p. Maybe this is him topping up ?
nappers
19/12/2005
14:40
biggest discount I own besides SOV is BPFU. Blue Planet Growth & Income. Near 30% discount investment trust even after terrific growth all year.
jhan66
19/12/2005
14:08
Thanks for the above. EPA and SVE added to my watchlist
hugepants
19/12/2005
13:45
Yep - SVE is at 50% discount to small-cap mainly resource sector portfolio.

I have just posted a rough calculation of holdings FWIW.

nappers
19/12/2005
10:10
H-P,
I posted this earlier, but didn't look again at it.

jonwig - 8 Dec'05 - 19:44 - 124 of 150 edit

EnterpriseAsia [EPA] might be worth a cursory glance for comparison/contrast.
Asset discount is 33%, and its admin costs are astronomical.
If ours were at 33% discount, the share price would be 13p.

jonwig
19/12/2005
10:07
Just out of interest does anyone know of any other investment-type companies at a similarly large discount to NAV?
hugepants
19/12/2005
00:15
John, Yes I agree. I make cash per share to be 9.25p which is the current share price. NAV must be in excess of 18.5p now given HRBN up 7% and Bodisen up about 15% since 9 Dec. AOB is at $4.81 (purchase price was $4.80) after 9.5% rise on Friday.
hugepants
17/12/2005
15:55
Nappers - post#144...? (Though subject to revision)
jonwig
17/12/2005
14:20
Anyone have a guesstimate of the cash position now after the AOB stake ?
nappers
17/12/2005
12:12
jim_black, hi.

Someone else had difficulty; it's explained in posts #136-139, above.

jonwig
17/12/2005
11:25
If Im right AOB rose 10% yesterday. Am I looking at the right AOB
Not currently holding any.

jim_black
17/12/2005
08:45
Have updated header NAV.
Maybe it was wrong before, but the cash balance seems to have gone up!
These are the inputted figures from the RNS, date of calculation 9 Dec:

250,000 AOB @ $4.80
70,000 BBC @$12.40
200,000 HRBN @$7.80

With 22,775,000 shares in issue and a conversion rate of £0.56 = $1 this means about £2,100,000 cash balance to get a NAV of 18.1p.

jonwig
16/12/2005
20:51
Maybe SOV wished they had kept hold of their initial 450.000 shares in BBC,they seem to be holding steady at around $14.00.

Think i should be following SOV into these.

ABO ceo Tony liu had this to say,
Today, with over 100 products in our portfolio and over 10,000 points of sale, we believe we are a far stronger and more diverse company than just one year ago," Liu continued. "With a stronger cash position and a more defined and effective distribution channel, we are able to target multiple growth strategies in addition to having the resources available to capitalize on complementary acquisition opportunities within the Chinese marketplace. We are initiating plans to penetrate new markets and drive organic growth in terms of both revenue and earnings, while positioning ourselves as a recognizable entity in China for plant-based herbal remedies.

milner2
16/12/2005
16:28
AOB's price increase reflects what we all know, the Chinese consumer market is growing rapidly.
China's economy has overtaken the uk's to become the fourth biggest in the world, by year 2010 its GDP will overtake the USA'S
As China's population (all 1.1billion) increases its disposable income,
so these manufacturing companies will become blue chip Co's.

milner2
16/12/2005
15:39
AOB's beginning to move up now. It was up 3.5% yesterday and so far is up 3.5% today to $4.45. So almost up to the $4.55 which I think was the price on 9 Dec when the NAV was updated
hugepants
14/12/2005
15:45
Cheers Guys got it under AMEX:AOB
nappers
14/12/2005
15:31
AOB share price here.
hugepants
14/12/2005
15:29
It's just AOB.
cochise
14/12/2005
12:55
Can someone help me out. Placing was at 4.50 but I am getting 1.90 on USBB:AOBO - What am I missing ?
nappers
13/12/2005
15:29
coverage by Sharecast. upbeat comment but nothing new
jhan66
13/12/2005
12:27
Thanks. Just need to wait for some funds to come through so I can get hold of some of these. Hopefully (sorry!) the share price won't move too much higher before i can buy.
worc0670
Chat Pages: 18  17  16  15  14  13  12  11  10  9  8  7  Older

Your Recent History

Delayed Upgrade Clock