Aurrigo Share Discussion Threads

[envirovision] 27/8/2009 12:20

This is getting exciting now, broken the 30p barrier now. A few days above this level and its confirmed, we will be on an upward and giddy ride back to where we were a year ago.

[das3] 27/8/2009 09:22

Darcon/JR: the NAV is calculated 6 monthly. The next one at end September feeds into the half year report in December.

[jungle raver] 26/8/2009 13:07

Just had a look at their results statement from December:

Financial highlights – NAV increase of 2% from 31 March 2008
Net asset value as at 30 September 2008 was £87.64 million, representing 116.9p per share, a 2% increase from £85.58 million as at 31 March 2008

[envirovision] 26/8/2009 12:46

We got an update around October last year.

[darcon] 26/8/2009 12:39

Isn't there an AGM planned by AURR in September? Perhaps they will provide attendees with an update on recent trading performance of their investments.

I skim-read their latest annual report and all looking encouraging. Somewhere in the notes (I think in relation to the management option scheme) the Directors state that they continue to believe that the company will meet the performance targets set through the options at admission. If you take that view then you are forecasting a share price of at least 200-300pence in 2-3 years if not more (I assume they were originally projecting at least a 4x or 5x return).

With investments in sectors that will almost immediately capture early recovery of growth in the Russin economy (retail and retail finance and document storage for professional firms) I think this is one of the AIM Russian focused companies that could be a winner

[das3] 26/8/2009 12:24

sherlock: well done!

Another piece of sugar in the pie is that the NAV we refer to is based on end March: up or down since then?? imo UP!!!

[sherlock holmes] 26/8/2009 12:16

das...sorry to respond late from your question back in May but yes I did get some...65,000 odd around 26.25 average.....this share seems to be waking up at long last....having a bumper month with EME up 81% and LLoyds up 51% on my trading screen

[envirovision] 26/8/2009 11:00

more large buys:

10:25:12 28.25p 450,000 £127,125 26p 28.5p BUY O
10:24:55 28.25p 432,500 £122,181 26p 28.5p BUY O
9:29:51 28.25p 950,000 £268,375 26p 28.5p BUY O
9:29:42 28.25p 1,010,300 £285,410 26p 28.5p BUY O

[envirovision] 26/8/2009 10:11

Yep, thats my theory, which means theres not a great deal of free shares in the market, which means this one could really take off very quickly if it gets on peoples radars. Their investments are well placed to benifit, which is why im surprised its been overlooked for so long. If you read the July report, you see they are predicting retail to grow over 7% next qtr, so thats the supertrot super store business returning to growth, the data business has been growing in any case, I guess the banking arm will also be turning back up now and thats just off the top of my head.

[jungle raver] 26/8/2009 10:05

enviro it would also explain the price increases on no apparent volume. I'm still trying to get my head around the fact that the NAV is 106p. I was looking through their website last night and it looks like their fingers are in all of the right pies.

[envirovision] 26/8/2009 09:57

I rather suspect the market makers have had that order in for quite some time and have been quietly filling it, the offer on AURR has been way above NMS for weeks and weeks now. Wonder who it is. Aurrora Investment Advisers set of a co russian investment fund earlier in the year which was well subscribed. I wonder if its them taking advantage of the current low price before the next update..

[envirovision] 26/8/2009 09:49

09:29:25 28.25 950,000 268,375.00 O BUY
09:29:15 28.25 1,010,300 285,409.75 O BUY

here we go, the smart money coming in befor the PI pile in and push it back to 80p.

[jungle raver] 26/8/2009 09:48

1,981,452 shares traded already this morning. Nice to see a bit of real activity at last. Incredibly undervalued.

[traderinthemaking] 26/8/2009 09:47

The MMs have been looking for shares for a couple days by rising their buy orders... and now, 2 large buy trades just went through 1,010,300 & 950,000 @ 28.25GBX. Something is definitely cooking there.

[envirovision] 26/8/2009 09:37

NAV per share of £1.06 on 30th June 2009. Cash of £4.1M never even turned a loss. Imagine how a convincing upturn will benifit AURR. This stock cant go un-noticed much longer imo.

[envirovision] 26/8/2009 09:30

just jumped anouther penny as i wrote, i suspect today could be a key day for AURR, a close above 30p imo and 80p could be upon us sooner rather than later.

[envirovision] 26/8/2009 09:28

What a graph, fell of a cliff in August 08 at 80p, reading aurroras investment advisers latest report, its clear most of the markets AURR is invested in are set to grow next qtr. Things have turned.

[mangal] 26/8/2009 09:20

Yes 30p & then hardly any resistance till 80.

[envirovision] 26/8/2009 09:18

Can we break the magic 30p today?

[envirovision] 25/8/2009 23:09

I think the guy who started this thread has long gone. You can find out everything you need to know and a whole lot more about this little gem at

[darcon] 25/8/2009 17:40

The header on this thread needs to be updated to list all of Aurora's investments to date.

[envirovision] 25/8/2009 17:24

upity upity up up and lets break on through the last high now onto erm 80p then £1+, 80p by xmas would be just super how bout you lads?

[das3] 25/8/2009 15:32

Correction: 1 trade, a buy of 18,000 .

[das3] 25/8/2009 15:21

And we're up 4% now: on zero trades ???