Caribbean Investment Share Discussion Threads

[noirua] 24/1/2020 14:52

Evil Knieval aka simon cawkwell in this place, is probably content to sit and wait this one out. Has an old reputation for 'turning on a sixpence' that may well be unfair.

[montyhedge] 24/1/2020 13:37

I bet SC happy today, like the rest of us.

[montyhedge] 24/1/2020 13:29

Great now for the next one, another 6p would be nice.

[noirua] 24/1/2020 10:04

Dividend arrived in ii and HL accounts sharp this morning.

[montyhedge] 23/1/2020 09:04

Dividend paid tomorrow, might be some dividend reinvestment.

[noirua] 22/1/2020 18:44

Lord Ashcroft may consider reinvesting his dividend in the purchase of more shares in CIHL. About USD5.4 million.
Lord Michael Ashcroft KCMG PC - 77,522,848 (75.07%)
Link Market Trustees (Nominees) Limited - 18,821,000 (18.2%)

[montyhedge] 19/1/2020 14:01

They can't borrow any overseas money until they pay BoB back funds. What a bonus in a special dividend we would get if they did.

[noirua] 19/1/2020 10:18

Government of Belize debt: October 2019


Belize’s foreign debt hovers just below 100% of GDP; average Belizean now owes approximately 9 thousand dollars
February 2019

[noirua] 18/1/2020 00:44

British Caribbean Bank Limited & Belize Bank Limited v. Government of Belize, LCIA, Case No. 81116

24 June 2015
Investment treaty:
Applicable legal instruments:
Economic sector:
Financial and insurance activities.
Outcome:
In favour of Investor
Amount of damages: US $40,843,272
Other remedy: Belize pays fees and costs to the companies, together with interest at 3.38% per annum compounded annually.


United States Court of Appeals - FOR THE DISTRICT OF COLUMBIA CIRCUIT
Argued February 9, 2017 Decided March 31, 2017

[noirua] 18/1/2020 00:30

Belize Bank International Limited -

Linkedin -

[noirua] 17/1/2020 15:26

Decided to add more shares at 30.8p to round my holding up to 70,000 shares. May appear pitiful compared to EK, but then, I'm far below his class of investing. Hope it works out for all - good luck.

[noirua] 13/1/2020 22:13

The World Fact Book

[montyhedge] 10/1/2020 13:50

I think The Share Centre, the best cheapest online broker.

[solero101] 10/1/2020 10:48

Agreed that HL are expensive outside the UK (though they have reduced f/x fees last year, it still costs 1% currency fee to obtain even access US equities). For a lot of trades, including CIHL, it costs me only £8.95 to transact, not including dealer spread.

Noticeable is that HL are now showing CIHL historic price feed for the first time....

[noirua] 10/1/2020 10:35

ii International are 'direct brokers' and HL use other broking services ie not direct. HL are an expensive pain if buying shares outside the UK and USA. Also voting at AGMs is an unnecessary bind - basically pathetic for my needs. However, I do have a SIPP with HL even though it's only income these days.

Link in Beckenham are used by many foreign companies who also have quotations on the London market. I remember they were involved when Woodside Petroleum withdrew from the London market and certificates came via them about 30 years ago, under their previous name. Many company directors and foreign outfits use their services. Very good with IFRS16 and IAS17, they have many Hubs.

[solero101] 10/1/2020 10:19

You are correct in that Link Asset Services is involved in share dealing. However, Link Market Services, or to be pedantic, Link Market Services (Jersey) Limited is the Registrar for the Company (see www.cihltd.co/investor-information.html)

My holdings were bought via Hargreaves Lansdown, on the register those shares are not in my name but in HL Nominees Ltd. If underlying investors bought via Link Asset Services, it is more than likely they are held in Link Nominees.

However if there is an agreement between, say, Hargreaves Lansdown and Link, then HL (or any other broker) may decide to use Link Nominees.

Either way, Link Market Services nor Link Asset Services are not the underlying holders, merely acting as nominees. You are also correct in your assumption of Lord Ashcroft's holding (assuming public information is up to date), but the free float is indeed larger than your earlier assumption.

[noirua] 10/1/2020 01:07

Link Asset Services is a share dealing company based in Beckenham:

[montyhedge] 09/1/2020 19:47

Of course I mean the yearly yield.

[montyhedge] 09/1/2020 15:27

If they pay the same has the interim, then the yield we received 32% I think.

[solero101] 09/1/2020 14:32

I think you'll find Link Market Trustees (Nominees) Ltd are the Company's registrars.

That being said, I also think this is a good story. Much dependent on the 'final' dividend announced some months off, but the underlying story looks sound until then...

[montyhedge] 09/1/2020 13:52

Don't think your get them.

[noirua] 09/1/2020 09:33

Wanting 31.4p to buy. Equivalent to 36.7p before going xd - true bid at 35p.

[noirua] 09/1/2020 00:10

Evil at MI:
Evil Knievil: Sellers are making a big mistake

[montyhedge] 07/1/2020 11:34

Nice buy 100,000. Thought that would push up price to 32p.