Trikona Trinity Capital Share Discussion Threads

[badtime] 17/10/2012 10:12

inevitable drift as peeps take some profits from recent rise

[praipus] 15/10/2012 13:13

Still huge dis-count to NAV so quite a reasonable margin of s-afety IMHO. Surprised it didnt go higher first thing, I think you've been lucky.

[badtime] 15/10/2012 13:08

Took a few first up at 13p after pontificating last week..doh ..

[praipus] 15/10/2012 12:54

Weiss buying TRC


To see what else they hold see post 3 on the WAM thread

[jaws6] 15/10/2012 10:14

that will be good if that 10 pdivi comes, tick up

[rbcrbc] 12/10/2012 17:38

Looking back at the last several notes in this thread we had:

Cash of 5p and assets of 23p

We have now sold DB lost 11.8m of assets or 5.6p per share
and gained 12.1m of cash or 5.7p per share.

So we should have cash of 10.7p and assets of 17.4p

will we see a divi of 10p soon ?
If so at the closing ask of 13.5p we would be left we an share price of 3.5p covering assest of 18p. I suspect that the market will think that is low and expect more like 6p for the 18p of assets in view of the difficulties.

So my guess is that this might settle at about 16p next week.

I'm not sure why they didn't announce a distribution, maybe something else is about to get resolved.

[praipus] 12/10/2012 16:49

Pleasure, which BB where you watching here or the WAM thread?

Did you see those trades this morning?

[jaws6] 12/10/2012 16:20

praipus
Tks

[praipus] 12/10/2012 15:51

Disposal above carrying value:-)

[praipus] 26/9/2012 21:27

INRGBP Indian Rupee v GBP

[praipus] 20/9/2012 11:10

This I thought would help the share price perhaps not today but it will one day

[badtime] 18/9/2012 09:50

dont think uve missed any there props

[praipus] 18/9/2012 09:03

The possible outcomes

1. INDIAREIT get their act together and find an excellent replacement waving this years fees to show good will:-)
2. INDIAREIT replaced by new company approved of by board/shareholders perhaps also without the emotional attachment/history of the previous manager and focussed firmly effective liquidation.
3. Long harmful struggle to find a replacement or to get INDIAREIT to comply with their repsonsibilities.
4. Sell the whole fund to another with a manager and contacts already in place at NAV or a small discount to NAV.
5. Unincentivised manager sells assets too cheap

3/5 seem ok. Are there any I've missed.

[badtime] 17/9/2012 21:15

Yes i wonder when they say they are considering....another manager..or what?

[praipus] 17/9/2012 19:43

Wonder if this was what was driving the price down? Not even a fractional move on the news.



Nearly a million through at the mid price according to ADVFN trades....institution maybe?

[badtime] 12/9/2012 21:55

i think i may hav sold b4 distribution ..may have been longer than a year...think it was a small profit...but i have kept them on the radar

[praipus] 12/9/2012 17:38

If you had stayed in would you have recieved enough distribution cash to cover your entry costs?

[badtime] 12/9/2012 10:21

lol...well i am wondering

[praipus] 12/9/2012 09:53

Hmm scruffy accounts, naff chart, no or few secondary market trades......why on earth did I buy them....lol

[badtime] 12/9/2012 09:28

i did have further up...bout a year ago i think...those accounts look a bit messy re all the bits and pieces to sort out

[praipus] 12/9/2012 09:16

Impossible to answer, long term holders are probably totally hacked off with it. Medium term holders are happy because theyve had the original value of their investment back and their current holding owes them nothing :-)

Recent buyers are probably feeling twitchy and trying to wait as calmly as possible for the next disposal or distribution news.

Have you got any?

[badtime] 11/9/2012 19:30

Just wondered how comfortable with this slow drip down

[praipus] 11/9/2012 16:05

Interesting post from LBO on the HRCO thread

LBO 11 Sep'12 - 15:49 - 1548 of 1548

[praipus] 11/9/2012 14:51

154% potential rise from the TRC buy price to NAV feels good and the following from the accounts brings on a cigar purchasing frame of mind but as we will see the makets can and will do anything.

"In March 2009, shareholders voted to change Trinity's investment policy by requiring the company to gradually
dispose of its assets over time and return capital to investors."

From note 1 of the accounts.

[badtime] 11/9/2012 14:20

How comfortable do u feel with these praps