Capital Management Share Discussion Threads

[lbo] 11/12/2009 11:09

Pearl Group director Hugh Osmond has invested nearly £119,000 on buying 13,550 shares. Specialist closed fund operator Pearl gained a secondary listing on the Main Market of the London Stock Exchange on 17 November. No new shares were issued but Pearl hopes to attract additional institutional investors.

The primary listing is on NYSE Euronext. The shares were acquired on the Amsterdam exchange for €9.70 each.

Osmond, who was responsible for floating Pizza Express, pubs operator Punch Group and a number of other companies, owns 0.57% of Pearl. He has been a director of Pearl for five years

[linhur] 29/10/2009 13:09

Drop in price looks like a good opportunity.Cash of 2p. No reduction in value for investments - so looks like a deal may be on the table for bank facilities for Algeco.Magticom might be a bit murkier but the Metromedia dispute is long standing.

kind regards
linhur

[lbo] 28/10/2009 14:22

CMI posts first loss of 0.6m

[pakomacha] 30/5/2009 05:37

Prelims out last week showing cash holding of £6M and NAV per share of 13.7p. Still underpriced, time to top up?

[rambutan2] 18/5/2009 23:16

Hi linhur,

i bought just a few fairly recently - option money. Both graphite enterprise (GPE) and f&c private equity (FPEO) hold algeco, and needless to say appear to be valuing it more highly than the mkt does cmip's rather larger stake.

I'm glad to say i got out of eclectic as i could see the way things were heading. Have done ok buying into a few of the private equity trusts when they reached 80% plus discounts. On the whole ive stayed away from property plays.

Am not sure about the sustainability of the recent bounce - but have been enjoying it!

[lbo] 18/5/2009 20:18

Hugh Osmond to lose £200m on Pearl

[linhur] 11/5/2009 23:43

Hi ram

Still around! Getting geared up for the next bullish run after this one (which is a bear trap with hindsight!)

From what I remember of last year's AGM the debt is not due until 2013.The board was quite happy then but nearly a year later, it might be a different matter.I suspect Algeco/Scotsman is having a rough time.
Results should be out late May/ early June as last year.

Recent buys suggest insiders do not expect any great shocks but of course a lot depends on TPG's thoughts.

Good to hear from you Ram ( I see you are still in some of the more exotic shares- Eclectic!)

kind regards
linhur

[rambutan2] 06/5/2009 13:08

Hmmm. I wonder how the debt on algeco was arranged ie the covs and how long before it might need rolling over.

Are you still a holder Linhur? (hello and I hope all's going well in this crazy world)

[pakomacha] 26/3/2009 18:07

Anyone there?

[lbo] 10/8/2008 20:41

Not good for the Georgia mobile investment

Thousands Flee Georgia Fighting

[234567] 16/6/2008 16:12

Anyone up to date on CMIP please ? 25k buy today.

[rambutan2] 17/10/2007 12:34

so for a mkt cap of circa £114m (at 41p), cmi will effectively be a duel investment vehicle fully invested into:

1) a 14% stake in MIG (whose asset is a 51% stake in MagtiCom - the largest
mobile phone operator in the Republic of Georgia), and

2) the 28% stake in the newly enlarged Ristretto (assuming the 29/10 vote gives approval) which it is claimed would be "the leading global provider of modular space solutions, operating in 16 countries, and employing over 4,600
employees."

Surely in the finals, under IFRS, they will have to give some sort of proper valuation for the Ristretto stake?

[linhur] 18/7/2007 23:31

Looks a positive move by CMIP to add a second leg to the business. I like the fact that the Sun Capital partners are putting up a slightly larger amount than CMIP ($45mill) on their own behalf and the lead manager is used to working in the CIS.
The only problems might be due diligence and political civil war at some point.

On a slightly different topic, it is still hard to value the 28% holding in Ristretto although I have no doubt that it is progressing satisfactorily.

[contrarian2investor] 28/6/2007 13:42

ikramu,
thanks for you reply, I keep thinking that I have held these for far too long (mind you I thought the same thing about Torday & Carlisle aka E Wood and lucky I kept the faith and 3M arrived to net me a tidy sum) and then they start to move again. Yes you right it does help when institutions start buying in, way above where us minnows bought in. What do they know that is not in the public arena yet?

When the management get this stock back above £2.40p I can finally justify holding onto them (whereas I know I should have unloaded the day the became Excentic. I was still young back then.

Happy hunting c2i

[ikramu] 19/6/2007 11:59

Yes - I've held these shares since Blakes turned into Excentric. Had a massive loss at one point but averaged up and had a nice suprise when i looked the price up after a couple of years of forgetting about it. The fact JP Morgan and Bluebay have such a large shareholding means I'll hold onto these for a while.

[contrarian2investor] 14/6/2007 16:50

ikramu
following your comments of 54 of 57 does this mean that you have been a shareholder since blake clothing?

The guys at the helm have turn over more stones than you could imagine in finding the perfect deal but still we wait. Only Hutchings at LUPUS and that guy his name escapes me at WORTHINGTON have taken longer.

yours interested c2i

[sxarchie3] 08/5/2007 18:08

Thanks Gruffly Bear

[gruffly bear] 08/5/2007 15:08

No share split as far as I recall archie

[sxarchie3] 08/5/2007 14:33

Just found an old share cert for e-xentric for 500 shares, this company is now called CMIP, anyone know if these shares were split when e-xcentric changed name?

Thanks

[ikramu] 27/4/2007 15:32

Someone bought 200,000 shares this morning (value of 80k). C'mon Blakes..I mean..x-Centric...I mean CMIP! :)

[lbo] 26/4/2007 13:46

This is flying. Must be some news on the way.

[ikramu] 17/4/2007 10:26

This is the highest its been for about 6 years. approx 33% rise in last month or so :)