Speymill Mac. Share Discussion Threads

[badtime] 08/3/2012 10:20

thanks praps

[praipus] 08/3/2012 10:11

Weiss Asset Management arriving


BB of Weiss and other value investor holdings


Prospects RNS including tender offer

[praipus] 08/3/2012 10:07

I've started another BB thread just in case energyi never gets round to tidying up:)

BB with Chart news and website links

[badtime] 07/3/2012 18:25

my current thinking is yes

[praipus] 07/3/2012 16:53

badtime u holding for tender?

[praipus] 07/3/2012 15:56

Weiss Asset Management disclosing 11.31%



Tracking the rest of their holding on the WAM thread:

[zangdook] 01/3/2012 10:33

I was hoping for nearer 90c, but by getting out now I only lose a couple of cents a share, and it's not worth holding on - there was no clarity about when the tender offer would be, and I have other uses for the cash.

Also I don't like the tone of the RNS - 'as you appreciate, we have lots of expenses...' and I think there's a question of trust when everyone's voted to wind the company up and they turn around like that. What have they been doing all this time since they got the cash? Negotiating with the big shareholders about how to keep their jobs? I don't like it.

[badtime] 01/3/2012 10:22

did u not think it worthwhile re the tender offer?...o..i guess u don't hold shares so not worth it

[badtime] 01/3/2012 09:41

zang....disappointing update...chance to take 97% of .855?

[badtime] 23/2/2012 22:26

same here.....all seems a little casual...surely they has something in place once they exchanged

[zangdook] 23/2/2012 14:08

yes. getting a little impatient.

[badtime] 22/2/2012 11:11

i take it u r still here zang

[badtime] 15/2/2012 10:52

about time they announced something

[badtime] 02/2/2012 18:28

someone bought 30k....wish i knew a bit more re costs of winding up..agents fees re property...i would go for a few more...dollar weakening hasn't helped

[tricia51] 02/2/2012 11:35

tdw have a few.Just bought 3000

[zangdook] 02/2/2012 03:24

Yes, there's probably some more money to be made here, even now, if there's stock available. I wish I'd got more before IG closed their book.

[badtime] 01/2/2012 19:39

chunky trades at full price

[badtime] 01/2/2012 10:03

lol..ye they should hav..send them a calculator :)

[zangdook] 01/2/2012 09:27

There it is:

Further to the Company's announcement of 2 December 2011, the Board is pleased to announce that the sale of the AIA Tower has now been completed in accordance with the terms set out in the 2 December announcement.

A further announcement will be made in due course.

Due course shouldn't take too long - they should have got the sums worked out already...

[badtime] 30/1/2012 20:09

ye...ive been waiting for this...and then hopefully a clearer picture over how much is coming back and when!

[zangdook] 30/1/2012 14:30

should be some news soon

The remainder of the purchase price, being HK$1,008,000,000 (one billion and eight million Hong Kong Dollars) shall be paid at the closing for the sale of the Property which is to take place no later than 17:00 Hong Kong time on 31 January 2012.

That's 9am tomorrow GMT