XXI Century Share Discussion Threads

[andrbea] 05/1/2010 08:48

yes, leaderzzz

... let's see where it goes.

a good test of the illiquidity of this share today
Can't be much stock left after yesterday's buying.

nia dyor

[leaderzzz] 05/1/2010 08:43

andrea, 21st century is in demand :)

[andrbea] 05/1/2010 08:05

8%

a pound would be nice (compared to all-time high of 15 pounds)

nia dyor

[leaderzzz] 05/1/2010 07:29

edge, usually prediction of £1.00 a share usually sounds silly or ramped from 20p, however for a change, you can see a £1.00 with xxic....

I believe it will be a good week/ quarter for xxic, not just a one off day


lee

[edgefund2] 04/1/2010 23:47

Euro

Predictions as to the current movement of this one?

Move forward or a retrace before a gradual and eventual climb to 60p

Certainly possible for a £1 in 2nd or 3rd quarter as commercial property is picked as one of the main sectors for 2010

[leaderzzz] 04/1/2010 18:59

simple head valuation

2.0 billion portfolio year or so ago... current portfolio 400mill

so its 5x less in portfolio value, sold a little bit off to cover stuff and a dilution of 15%

shareprice a year or so ago... take an average of 1000.. devide by 5 = 200p

-15% = 170p allow a bit for mis calculations -30% 119p

so round it up and call it 100p

could anyone do a more correct valuation pls :)

current share price 23.5p

[leaderzzz] 04/1/2010 18:51

hey ww... best kept secret!
;)

[waleriuszwatrobka] 04/1/2010 17:10

...lee, you forgot ENEG ;-)

[envirovision] 04/1/2010 14:52

indeed was £15 last year and we've only been watered down by mere 15% as note holders were issued shares as gdasinv2 points out directors would be hurt the most hence contary to barnetpeters post i dont think theres much chance of going broke and thanks to directors noteholders never got their hand on much and when they come back up for review in 2014 this will all seem a dim distant bad dream imo.

[andrbea] 04/1/2010 14:44

Ukraine in general

Accor Plans USD 65 mln Hotel in Ukraine
Property Xpress (subscription) - ‎Dec 30, 2009‎
December 30, 2009, 12:05, (Property Xpress) - A Ukrainian construction company, together with the French hotel group Accor intends to build a four-star ...

Hotel Investment under Planning in Kharkov, Ukraine
Property Xpress (subscription) - ‎Dec 30, 2009‎
December 30, 2009, 15:57, (Property Xpress) - A two-star, 150-room hotel is planned to be developed in Kharkov, Ukraine.

the last decade:
Ukraine's PFTS bourse was the best performing market of the decade with gains of 900 percent in dollar terms or 1400 percent in hyrvnia. Russia's RTS gained almost 700 percent and European Union member Romania was up almost sixfold in dollar terms.

[leaderzzz] 04/1/2010 14:39

BP, i like those odds.... 500% gain by march... not many others offer those gains in 3 months today!

[gdasinv2] 04/1/2010 14:37

Was 15£ a share last year 2008? Directors holds more than 50% of shares. Hangeover.....

[barnetpeter] 04/1/2010 14:33

In for more today. This is dodgy! High risk. 60% chance of going broke imo. But 40% chance of £1 by March. So you pays your money ....

[leaderzzz] 04/1/2010 14:10

i purchased a few more at 20p, like you say enviro, theres a lot of catching up to do..

[leaderzzz] 04/1/2010 13:45

doing very well today :)

[envirovision] 04/1/2010 12:08

also anouther large buy reported at same time but later publish 200K 38000 pounds, so whats nia mean?

[andrbea] 04/1/2010 09:32

lareg buy (175k), that's 33250 pounds

nia dyor


top riser today (20%)

[envirovision] 31/12/2009 14:14

well my buy order at 14p was not filled

[gdasinv2] 31/12/2009 12:23

Chance to grab this - Surely, they have big real estate , as per the restoration today account is not too bad. at least worth 75 - 80p

[envirovision] 31/12/2009 11:21

Note holders accepted just 15% and a board appointment for oversight, Most people expected a lot worse i.e. 80,90% imo.

Clearly they are confident in the management and of the three phase plan to restore value and allow some payment by 2014 and whats more wanted no part in taking over the company themselves. For what its worth, directors hold 50% of the common shares, so will be doing everything possible to restore value over the long term. Had they been able to relist in August, i would have expected the shareprice to double to 60p at the very least.

Today is a GOOD TIME TO BUY IMO.

[tim00] 31/12/2009 08:31

The company's ability to persuade noteholders to convert the debt for such a small amount of equity was a masterstroke, why the note holders accepted is beyond me. I might even think now about a small punt on XXIC surviving. The problem as I see it, though admittedly not having studied the company in great detail, is that most of its projects are very early stage, ie just land that has planning permission. The valuations of these "assets" (?) must be highly questionable. The basic problem I believe is that XXIC overpaid for land during a gigantic property bubble, and once valuations return to sensible levels for one of the poorest countries in Europe, the company may have no value left. It also has much larger current liabilities than assets, meaning a severe liquidity crisis remains, with no white knights on the horizon. There's still a great risk that the incoming equity investor will leave existing shareholders with next to nothing.