Avarae Global Coins Share Discussion Threads

[dashton42] 05/4/2013 12:04

Search me!! Although what happened with ENK might provide an insight?

(edit: I think I'd need a large piece of paper to draw out all the companies and inter- relationships involved here...)

[battlebus2] 05/4/2013 12:03

Does this improve the chances of them buying Avarea?

[dashton42] 05/4/2013 11:59

Nice work zangdook, this is now the official Montoya/AVR research thread!

So, William Pears Group, of which Guy Walker is the Group Treasurer, largely seems to be a property company (hence Antipodean Supermarkets I suppose), but it also appears to have a London-based fund management division - Talisman Global Asset Management:



"Talisman was incorporated in 1998 as the asset management arm of a single family, following the sale of real estate assets which provided £50m of investment capital in 1994

The current Talisman structure was established in 2001 with AUM of £250m

Today Talisman has AUM of £1.8bn"

I'm not sure if Talisman Global Asset Management has any connection to Montoya Investments Ltd., although your 2nd link shows that Guy Walker was the COO at Talisman.

[zangdook] 05/4/2013 09:01

Antipodean Supermarkets seems to be owned by these people, but I can't see any other connection with GE



Navigator Resources is in administration. It doesn't list GE as a director on its site, but here's a picture of Guy Walker:

[dashton42] 05/4/2013 08:58

Indeed!

That's what I'm wondering about AVR; if Montoya/Mr Walker/Mr Edwards consider that it's undervalued by the market, and a bit of activism may shake things up. Or else, possibly, a buyout.

[zangdook] 05/4/2013 08:53

Thanks

I no longer have any direct interest in any of his companies AFAIA, since he ate ENK, but it's always interesting to know more about these shadowy types who take over companies.

[dashton42] 05/4/2013 08:42

zangdook, if you're interested, this form from 2011 details the Montoya individuals, along with a NZ address, in connection with AU Mining...



Mr Walker sits on a number of boards:

Director
Antipodean Supermarkets Limited

2011-Present
Non Executive Director and Member of Audit Committee
Metals Exploration Plc

2012-Present
Non-Executive Director
Mineral Commodities Limited

2012-Present
Non-Executive Director
ENK PLC

2012-Present
Non-Executive Director, Member of Audit Committee and Member of Remuneration Committee
Navigator Resources Limited

[dashton42] 05/4/2013 06:59

Ah, well done zangdook. Now we know who the players are, but I wonder what the rationale behind the avr holding is...?

[zangdook] 04/4/2013 19:30

"Graham Edwards is the beneficial owner of Montoya Investments."



"I learned at the last AGM that GE was a "high net worth long-term investor"."

[zangdook] 04/4/2013 19:20

Well, good luck. Tell us here if you find anything. I wouldn't be surprised if Graham Edwards is the man behind it all.

[dashton42] 04/4/2013 19:13

Ah, Guy Walker was the Group Treasurer at William Pears Group, which is the beneficial owner of Telereal Trillium, whose CE has a trust that owns D & A Income Ltd., which employs, erm, Guy Walker as an Adviser, said Guy Walker also being Company Secretary of Montoya Investments, which owns a bucketload of AVR...

Simple really.

And I'm still none the wiser.

[dashton42] 04/4/2013 18:57

...and:

"D&A is an investment company, owned by a trust of which the principal beneficiary is Graham Edwards, chief executive of Telereal Trillium, one of the UK's largest property companies."



Not too sure how all of this relates back to AVR, if at all (!)

[dashton42] 04/4/2013 18:45

Ok, it's a bit off-topic, but I've got the bit between the teeth on this Montoya thing.

Here's a biog on Guy Walker, who's the Montoya company secretary:

Mr. Guy R. Walker, BCA, CA (NZ), CFA serves as Company Secretary of Au Mining Limited and Montoya Investments Limited. Mr. Walker serves as an Advisor to D & A Income Limited. He has over 20 years experience in financial markets and funds management in NZ, North America and the UK. Mr. Walker served as the Chief Operating Officer at Talisman Global Asset Management Limited until April 2006 and its Fund Manager from 2000 to April 2006. He joined Talisman Global Asset in 2000. During this period, he supervised the growth of Talisman from its infancy to a fully registered UK FSA investment management company with over Pound500 million under management. He served as Group Treasurer of The William Pears Group of Companies Limited.

etc.

[dashton42] 04/4/2013 18:32

Thanks zangdook; I've done as you suggested, found millions of references to Montoya, and at the end of it, am not really any the wiser!

[zangdook] 04/4/2013 18:24

...or Praipus on the WAM thread may know something.

[zangdook] 04/4/2013 18:19

If you search back on the ENK thread you may turn up something.

[dashton42] 04/4/2013 18:15

They can't be that frustrated, if they've topped up to 28.8%.

I've been trying to find out more about Montoya Investments Ltd., but am really struggling to find anything - apart from the fact that they seem to be based in the US, and they're described as "mysterious"...!

Wonder what their agenda is?

[badtime] 05/3/2013 10:24

They must be frustrated at nothing happening

[battlebus2] 05/3/2013 10:09

Montoya now holding 28.8%.

[dashton42] 11/12/2012 08:43

Interims should be due around now...?

[dashton42] 13/8/2012 09:52

Yes, a decent discount to the NAV, and a "progressive" dividend policy from here. Good stuff - one to tuck away, imho. Good recent results from SGI, and just waiting for NBL to report in November (I think).

[battlebus2] 13/8/2012 07:46

Excellent performance dashton42 with the nav at 14.2p.

Outlook

Despite the continued economic difficulties throughout the financial markets and the Eurozone, Avarae has again successfully demonstrated that it is a genuine alternative asset play, as evidenced by it reporting material increases in profit and NAV for the year, together with some significant realisations of its investment portfolio. The Company has a strong balance sheet, including a coin portfolio with a carrying value, as reported on by industry experts, of more than GBP10.1 million and net cash of GBP1.3 million. The Directors, therefore, remain optimistic about the Company's future prospects.

[dashton42] 13/8/2012 07:05

Maiden divi!!!

[greek islander] 28/2/2012 00:55

Back in here with a small punt. Maybe more to come?

[jeanesy] 27/2/2012 19:31

Up again i see. No RNS's though.