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

BCB Bcb Hldgs

8.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Bcb Hldgs LSE:BCB London Ordinary Share BZP091111088 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 8.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 8.00 GBX

BCB Holdings (BCB) Latest News

Real-Time news about Bcb Hldgs (London Stock Exchange): 0 recent articles

BCB Holdings (BCB) Discussions and Chat

BCB Holdings Forums and Chat

Date Time Title Posts
10/1/201709:03BCB Holdings224

Add a New Thread

BCB Holdings (BCB) Most Recent Trades

No Trades
Trade Time Trade Price Trade Size Trade Value Trade Type

BCB Holdings (BCB) Top Chat Posts

Top Posts
Posted at 10/1/2017 09:03 by skanjete2
Major victory for BCB :
hxxp://www.cihltd.co/assets/pdf/press-releases/2009/Press%20Release%20re%20US%20Supreme%20Court%20cert%20denied%20January%209%202017.FINAL.pdf

"This victory clears the way for Caribbean Investment Holdings to collect on the judgment against GOB.
That judgment, including interest, is currently worth approximately U.S.$ 27.5 million".

This is about 22,5p/sh!
Posted at 15/8/2013 14:45 by horace678
hxxp://amandala.com.bz/news/88-mil-gob-victory-ccj/

BCB not getting a payout of £13m after all.
Posted at 19/6/2013 16:46 by horace678
Doesnt look as if bcb will qualify as it is on AIM and BSX only

hxxp://www.tddirectinvesting.co.uk/help/faqquestions/which-stocks-can-i-hold-in-my-isa/
Posted at 18/6/2013 12:03 by puku
hi Horace - thanks for the links - you have obviously watched this scenario for a long time - with all the shenanigans about this claim and the attitude of the Belize Gov what is the likelihood of a govt (forced ) take over at a knock down price ? I am trying to assess the risk factor here and any further comments would be most welcome.
Posted at 18/6/2013 11:25 by horace678
Yes, I think the delisting from TT is a step in the direction of winding up the business. Note that BCB is still listed on BSX however. IMO, the main barrier in the way of winding up BCB is the complex litigation with the Belize government, with BCB potentially being due £13m:

hxxp://amandala.com.bz/news/ccj-hears-belize-bank-appeal-bz43-mil-lcia-arbitration-award-gob/
Posted at 24/4/2013 11:40 by skanjete2
These shares come from the delisting of the Trinidad & Tobago listing. The BCB shares (pre listing) were listed on the exchange, and they bought the shares (WIHL & BCB) back with the delisting.

WIHL is now listed on the Bermuda stock exchange. I see there were 2 transactions at the end of March, but the listed bid/ask prices at the moment are not really clear.
Posted at 24/4/2013 11:26 by horace678
The WIHL buyback is the same number of shares as the bcb buyback. Can anyone explain?
Posted at 24/4/2013 10:17 by skyracer
The latest official trade in Waterloo Holdings on LMMX was 42p on 31/1/12, but Waterloo themselves made a private share buyback of 105,769 shares on 25/03/13 at $1.15 (wihl.com), so about 75p.
Posted at 01/3/2012 15:05 by moreforus
beat me!

3rd Quarter Results
Print
Alert
TIDMBCB

RNS Number : 5224Y

BCB Holdings Ltd

01 March 2012

BCB HOLDINGS LIMITED ANNOUNCES INTERIM RESULTS FOR THE

THREE MONTHS AND NINE MONTHS ENDED DECEMBER 31, 2011

Belize City, Belize, March 1, 2012 -- BCB Holdings Limited (London - AIM - BCB; Trinidad and Tobago Stock Exchange - BCBTT; Bermuda - BBHL) (the "Company").

Background

The demerger by BCB Holdings Limited of Waterloo Investment Holdings Limited, which owns BCB Holdings Limited's former non-Belizean businesses, became effective on October 26, 2011 (the "Demerger"). The Demerger was the subject of a Circular to the Company's shareholders dated October 19, 2011 (the "Circular") to which reference should be made.

As a result of the Demerger, the Company's Financial Services division now operates principally through Belize Bank Limited and internationally through British Caribbean Bank International Limited, both of which are based in Belize. Within Belize, Belize Bank is the largest, full service commercial and retail banking operation with a head office in Belize City and thirteen branches extending into each of the six districts of Belize. The principal operations of Belize Bank are commercial lending, consumer lending, deposit-taking and related banking activities.

Waterloo Investment Holdings Limited is now the holding company for the Company's non-Belizean businesses which comprise British Caribbean Bank Limited, a portfolio of other assets (principally loans in the Turks and Caicos Islands) and certain investments in associated companies with interests in edible oil processing and distribution operations and palm seed plantations principally in Costa Rica.

Financial Information

The pro forma financial effects of the Demerger on the Company as at and for the year ended March 31, 2011 are set out in the Circular.

The financial information included in this report, as at and for the periods ended December 31, 2011, reflects the impact of the Demerger, which became effective on October 26, 2011. In accordance with accounting standards, the income statements for the three month and nine month periods ended December 31, 2011 have been presented to separately disclose the results from continuing and discontinued operations. All prior period financial information included in this report has been appropriately restated to present continuing operations and discontinued operations separately in the income statements for all periods and in the balance sheet at March 31, 2011.

Results - three months ended December 31, 2011

On this basis, the Company reported a net loss from continuing operations of $2.4m for the three months ended December 31, 2011 (2010 - net loss $1.3m), the third quarter of fiscal 2012, and a net loss per ordinary share from continuing operations for the quarter of $0.02 (2010 - net loss $0.01).

For the three months ended December 31, 2011, the Company reported a net loss of $13.6m (2010 net income - $3.8m) and a net loss per ordinary share for the quarter of $0.14 (2010 net income - $0.04).

Results - nine months ended December 31, 2011

For the nine months ended December 31, 2011, the Company reported a net loss from continuing operations of $8.7m (2010 - net loss $0.1m). Loss per ordinary share from continuing operations for the nine months ended December 31, 2011 was $0.09 (2010 - $0.00).

For the nine months ended December 31, 2011, the Company reported a net loss of $9.8m (2010 - net income $20.3m) and net loss per ordinary share for the nine months of $0.10 (2010 net income - $0.20).

Balance sheet - at December 31, 2011

At December 31, 2011 total assets were $651.5m (March 31, 2011 - $951.6m) and net assets were $112.3m (March 31, 2011 - $421.3m), each fully reflecting the effects of the Demerger.

Cash flows - nine months ended December 31, 2011

At December 31, 2011, the Company had cash, cash equivalents and due from banks of $44.7m (March 31, 2011 - $43.2m), a positive movement of $1.5m.

Given the cash and non-cash effects of the Demerger, together with their impact on continuing and discontinued operations (as restated), a full cash flow statement split as to operating, investing and financing activities has not been separately disclosed in this interim announcement. The full cash flow impact on the continuing operations of the Company will be fully disclosed in the results announcement and in the audited consolidated financial statements for the year ending March 31, 2012.

For further information contact:

Makinson Cowell BCB Holdings Limited

+1 (212) 994 9044 UK +44 (0)20 7248 6700

Belize +501 227 7178

Note: This and other press releases are available at the Company's web site:

BCB Holdings Limited

Financial Information

Summarized Consolidated Statements of Income (unaudited)

US dollars in millions except per share data


3 months 3 months ended 9 months 9 months
ended ended ended
December December 31, December December
31, 31, 31,
2011 2010 2011 2010
------------------------------------ ------------- ----------------- ---------- ----------

Financial Services
Interest income 10.1 11.2 31.0 33.6
Interest expense (4.7) (6.7) (16.1) (19.6)
------------------------------------ ------------- ----------------- ---------- ----------

Net interest income 5.4 4.5 14.9 14.0
Provision for loan losses (4.1) (1.4) (11.9) (3.2)
Net non-interest expense (2.4) (2.3) (7.8) (5.8)
------------------------------------ ------------- ----------------- ---------- ----------

Operating (loss) income -
Financial Services (1.1) 0.8 (4.8) 5.0
Corporate expenses (1.3) (2.1) (3.9) (5.1)
------------------------------------ ------------- ----------------- ---------- ----------

Net (loss) - continuing operations (2.4) (1.3) (8.7) (0.1)
Net (loss) income - discontinued
operations (11.2) 5.1 (1.1) 20.4

Net (loss) income (13.6) 3.8 (9.8) 20.3
------------------------------------ ------------- ----------------- ---------- ----------

Earnings (loss) per share:
basic and diluted
Net (loss) - continuing operations $(0.02) $(0.01) $(0.09) $0.00
Net (loss) income - discontinued
operations $(0.12) $0.05 $(0.01) $0.20
Net (loss) income $(0.14) $0.04 $(0.10) $0.20
Number of shares - (basic
& diluted) 100.0m 100.0m 100.0m 100.0m





BCB Holdings Limited

Financial Information

Summarized Consolidated Balance Sheets (unaudited)

US dollars in millions


December 31 March 31
2011 2011
$m $m

Assets
Financial Services
Cash, cash equivalents and due
from banks 44.7 43.2
Interest-bearing deposits with
correspondent banks 102.8 82.2
Government of Belize securities 18.5 28.9
Loans - net 382.5 390.3
Property, plant and equipment
- net 14.8 12.8
Other assets 77.7 77.4
Total Financial Services assets 641.0 634.8
Corporate
Cash and cash equivalents 9.6 --
Other current assets 0.9 0.4
Net assets - discontinued operations -- 316.4
Total assets 651.5 951.6


Liabilities and shareholders'
equity
Financial Services
Deposits 516.3 504.6
Interest payable 7.3 9.0
Other liabilities 5.7 8.9
Long-term debt -- 0.6
Total Financial Services liabilities 529.3 523.1
Corporate
Other current liabilities 6.7 6.0
Long-term liabilities 3.2 1.2
Total liabilities 539.2 530.3
Shareholders' equity
Share capital 0.6 0.6
Additional paid in capital 52.4 52.4
Treasury shares (21.6) (21.6)
Retained earnings 80.9 389.9
Total shareholders' equity 112.3 421.3

Total liabilities and shareholders'
equity 651.5 951.6

-ENDS-

This information is provided by RNS

The company news service from the London Stock Exchange

END

QRTZFLFBLXFEBBX
Posted at 02/11/2011 16:48 by horace678
It makes sense that the share price in BCB should be dropping as the NAV is much less than it was before the demerger. Now would be a great entry point, as one would expect the share price to be higher than the NAV (the NAV would suggest a share price of around 80p). In particular, look at the warrants, where the exercise price from Aug 1 2012 will be $1.95 (about £1.20 at present exchange rate) which is an anticipation of a share price being much higher. I would "hold" or "buy". BTW, the mid-price of our shares on JP Jenkins for WIHL is 88p today.
BCB Holdings share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock