Caribbean Investment Share Discussion Threads

[russman] 16/1/2023 07:43

started a thread for WIHL.

[russman] 16/1/2023 07:34

Dont know how JP can still offer a quote for CIHL. It has been acquired by WIHL.

[gazzleberry] 29/12/2022 19:36

"I suspect that JPJenkins will offer them for 36p a share."

Why would anyone pay 36GBX per share when the last share price was 26.50. There are several bargains to to be made on JPJ but all at a , probably, unrealistic price. I would keep hold of them and see where the dividend takes us.

[horace678] 25/12/2022 10:14

See the WIHL website for more details, shareholders notice. They are consolidating the register of shareholders before issuing the dividend.

[gazzleberry] 25/12/2022 08:18

Did that dividend ever arrive?

[russman] 10/11/2022 01:38

for the sake of argument, cihl & wihl are valued equally (e.g EV)
The share exchange at 1.25 does give a large implied premium to CIHL.
Basically it is saving Ash some overheads in the short term.
In the longer term, Ash must be tempted to extract more value from WIHL.
Latin America edible oils looks a bit isolated.

[horace678] 30/10/2022 07:46

EK

We spoke the other week about some WIHL shares that I have for sakle. I suspect that JPJenkins will offer them for 36p a share. You're welcome to buy mine at that price if you are still interested - not a bad price considering that the NAV is around 95p per share and there is a dividend coming in December. Please let me know if you decide to proceed as I would need to contact my broker.

Regards

Horace

[russman] 26/10/2022 01:42

I suspect Ash will be consolidating his investments more & more as his retirement looms.

[noirua] 19/10/2022 13:41

WIHL - 18 October 2022 -
WATERLOO INVESTMENT HOLDINGS LIMITED ANNOUNCES THE
PUBLICATION OF THE COMPANY’S ANNUAL REPORT FOR THE FINANCIAL
YEAR ENDED ON MARCH 31, 2022.

Website:
Annual Reports:

[horace678] 05/10/2022 20:17

Thanks for that thought.

[russman] 05/10/2022 16:10

You could also ask the company if they (or any directors) wish to buy them.

[riskvsreward] 03/10/2022 17:21

Anyone knows what this means for the Cihl shareholders? Is the old Cihl share still worth anything or is it all embezzled by those corporate actions designed to rob the small shareholders.

[noirua] 03/10/2022 16:31

Caribbean Investment Holdings Limited Notice of Expiration of Drag Notice and De-listing from BSX
Hamilton, Bermuda: 16th, September 2022 – In a filing with the Bermuda Stock Exchange Caribbean Investment Holdings Limited. (the "Company”; Ticker: CIHL.BH) Notice of Expiration of Drag Notice and de-listing from BSX. The full filing stated:


Further updates are listed below:

[horace678] 02/10/2022 21:21

Hi EK

On second thoughts, I'll try getting in touch this week.

Regards

Horace

[horace678] 27/9/2022 09:18

Hi EK

Many thanks for your reply. I've had a stay of execution in terms of cash flow requirements, but I will bear your helpful offer in mind as my situation may change again (cost of living crisis!)

Regards

Horace

[live ink] 26/9/2022 02:22

Horace,

I am a buyer albeit at a low price. My telephone number is 020 7835 0868.

EK

[horace678] 22/9/2022 15:03

I am now the owner of 29k shares in WIHL which I have held either as WIHL or CIHL for many years. Is anyone interested in buying them if I make them available on Jenkins? I would normally continue holding but I might need the cash.

[horace678] 22/9/2022 15:01

To anyone who may be reading this, I am now the owner of 29k shares in WIHL which I have held either as WIHL or CIHL for many years. Is anyone interested in buying them if I make them available on Jenkins? I would normally continue holding but I might need the cash...

[russman] 15/9/2022 08:12

The consideration for the Sale will be satisfied by the issue of new WIHL shares to Lord Ashcroft at an exchange rate of 1.25 WIHL shares for every 1 Company share (the "Exchange Ratio"). The Exchange Ratio results in an implied premium for Company shareholders.

[russman] 15/9/2022 08:06

Earnings per share for the year amounted to $0.09 in fiscal 2022 which represented an 18% decrease from fiscal 2021's earnings per
share of $0.11

[russman] 19/4/2022 17:44

March 22, 2022 – Caribbean Investment Holdings Limited (Bermuda – CIHL) (the “Company”; or “CIHL”) announces that it has acquired a portfolio of properties from its majority shareholder, Lord Ashcroft, for a total consideration of US$20,456,500. The consideration paid by the Company to Lord Ashcroft for the acquisition is comprised of a US$56,500 cash payment and the issuance of US$20,400,000 Fixed Rate 3 Per Cent Unsecured Loan Notes.

[noirua] 07/2/2022 09:52

richardly, it is probably the best bet to contact EK on Master Investor. I doubt much escapes himself. Watch out as there are a few posters pertaining to him.

[russman] 09/1/2022 11:01

Hamilton, Bermuda: 8th, December 2021 – In a filing with the Bermuda Stock Exchange Caribbean Investment Holdings Limited. (the "Company”; Ticker: CIHL.BH) announced the financial results for the 6 months ended 30th, September 2021. The full filing stated:

CARIBBEAN INVESTMENT HOLDINGS LIMITED ANNOUNCES FINANCIAL RESULTS FOR THE 6 MONTHS ENDED SEPTEMBER 30, 2021


Road Town, Tortola, British Virgin Islands, December 8, 2021 -- Caribbean Investment Holdings Limited (Bermuda - CIHL) (the "Company" or "CIHL").


The Company produced net income for the 6 months ended September 30, 2021 of $4.4 million (2020 - $0.7 million).



Interest income for the 6 months ended September 30, 2021 amounted to $25.4 million (2020 - $14.3 million). Interest expense for the 6 months ended September 30, 2021 amounted to $4.0 million (2020 - $2.1 million).

[richardly] 12/12/2021 00:10

I have, or had, a small holding (worth a lot less now if was still on AIM)via iWeb, which was for holding long-term; however I have no idea how to get a share cert, or transfer / validate this holding elsewhere, if anyone has any information on doing so that would be much appreciated?

[gazzleberry] 11/12/2021 22:48

Yes, it will be quiet. My instinct says that the price had been kept low deliberately to buy out as many PIs out as cheaply as possible. With Scotiabank and the possible repatriation of a sizable chunk of funds I get the feeling that, at some point, the share price will be revised. I got my hare certificate today.