China Growth Share Discussion Threads

[moormoney] 02/1/2014 14:25

I thought March was the date for name change. Certainly time for a bit of news to stir interest again....get on with it cgop!

[sirraman] 02/1/2014 08:21

Well...the they were going to become Scarborough Ventures end of 2013...hasn't happened yet? ....

[moormoney] 23/12/2013 15:47

Still very quiet, let's hope 2014 is a good year for us.

[moormoney] 06/12/2013 13:21

Woken up at last...I hope for good news soon! Santa rally?

[euclid5] 06/12/2013 11:24

300,000 buy today

[sirraman] 06/12/2013 09:28

just received this from TD..

".....What is happening?
-Proposal to change company name.
-Old name: China Growth Opportunites Limited.
-New proposed name: Scarborough Oriental Ventures Limited
China Growth Opportunites Limited is proposing to change its name to Scarborough Oriental Ventures Limited,to be carried out before the financial year end..."

Things on the move soon ??

Sirra

[sirraman] 25/11/2013 16:52

so we expect some news and progress on this in the next 4 months..?

Sirra

[euclid5] 25/11/2013 11:07

But you missed this part out:

Outlook

As a Board we continue to adopt a cautious approach with our target fundraising and aim to make the proposed changes mentioned above in the coming weeks. We are hopeful that the Company will shortly be in a position to implement the investment strategy and start building a capital base with the intention of taking advantage of investment opportunities in

[stockologist] 25/11/2013 07:14

Pathetic

KEY POINTS

· Net assets at 30 September 2013 of £0.1 million (31 March 2013: £0.2 million).
· Net assets per share at 30 September 2013 of 0.11p (31 March 2013: 0.29p).

[tomboyb] 18/11/2013 21:54

From UK analyst -

Meanwhile over in Asia, property prices in China were up in 69 of the 70 cities tracked by the Chinese government in October according to the National Bureau of Statistics. This increase has come despite cities such as Beijing, Shanghai and Shenzhen recently imposing property price cooling measures such as increasing the supply of affordable homes and raising down-payment rates for second home buyers. Dai Fang, an Analyst at Zheshang Securities Co, commented "On the one hand I can't see the possibility of policy being tightened further to curb prices while on the other hand demand continues to increase as homebuyers expect more price gains."

[euclid5] 14/11/2013 19:46

Top Spring is a developer of high-end residential properties and urban communities in China and is listed on the Hong Kong Stock Exchange.

Scarborough Group owns an approximate 11.5% holding in the Company. Its Net Asset Value is approximately £2.4 billion.

11.5% of £2.4B is £276m

www.scarboroughgroup.com/international.html

Scarborough Group holds an indirect interest in the £2 billion Shenzhen-listed Rainbow Department Store Company, a retailer with 45 outlets operating in China's principal cities.

______________________________________________

About Scarborough Group International

Founded in 1980 by Kevin McCabe, Scarborough Group is a group of independent businesses with real estate, investment and leisure interests in the UK, Central Europe, North America, Australia, India and China, including Hong Kong.

Following a period of significant growth the Company's interests have diversified to include:

•A global investment portfolio in excess of £1 billion.

•Close relationships with long standing joint venture partners specialising in global property development and investment.

•A majority interest in League One football club Sheffield United plc plus worldwide links with sporting clubs in Europe, China and Australasia.

•Provision and management of serviced office space throughout the UK, having operated some 40 Centres via Forsyth since its inception in 1991

www.scarboroughgroup.com/about-us.html

[tomboyb] 14/11/2013 17:11

You forget the assets in it entirety. Do they have zero assets or £1bill.

The market has improved significantly and will do so near medium term.

[stockologist] 14/11/2013 16:49

I did a quick search on DueDil.com on Scarborough and found cash of about 15m and current liabilities of over 150m so this looks in deep trouble if those numbers are right

posted link on NEOS thread and tomboy hasn't come back so maybe he realised he was wrong to talk it up

[euclid5] 14/11/2013 16:30

seems the shares are back to the same price Kevin M @ Scarborough Holding Company bought in so he is the last person wanting them back to this price

Don't forget the warrants they have priced at a respectable 5p

[moormoney] 14/11/2013 12:55

I hope so, interest is fading! Sp slipping back

[tomboyb] 12/11/2013 09:43

Interims out 22nd Nov last year - so expecting news not so far from here -

[moormoney] 05/11/2013 12:08

gently rising...still a bit of interest. waiting for developments :)

[moormoney] 04/11/2013 12:11

Patience needed here so mine are tucked away for the time being. I will add when buyers return and the china fairy dust gets sprinkled!

[euclid5] 04/11/2013 11:15

yes but who bought these 2m from Weiss - overall hldg well

[tomboyb] 04/11/2013 11:08

Weiss selling a few - RNS. The reason for the drop off last week - almost 3mill sold

[adv11] 02/11/2013 10:25

Still not sure why a director selling shares would result in such a surge.
One thought - I recently put £1000 into Marlborough Nano Cap Growth fund, which launched 29th. October, investing in the smallest, exciting growth companies.
Well they don't come much smaller and potentially exciting, so could this be our buyer ?

[sirraman] 01/11/2013 09:33

excitement over...back to zzzzzzzzzzzzzzzzzzz..until McCabe does soemthing with this shell....

Sirra

[adv11] 31/10/2013 14:42

Yes tomboyb, I saw you had posted about the likely seller while I was writing my last post.
For now I am sticking with companies that will pay me a dividend while I am sat waiting for something to happen. Just be careful - this time last year I was £9000 in profit on my NEW investment, and ended up a few months later selling out at a £9000 loss, all because I listened to people who were lying through their teeth.
In the last seven months I have had a lot of fun playing the dividends, and am so far £12000 up. Makes it a lot easier to sleep at night.
Interesting though that the CNEL increase yesterday was on a China/Nigeria deal.

[tomboyb] 31/10/2013 13:37

Adv11 - Could be Damille - Rys is leaving as per last RNS to make way here - The current share price is close to where Scarborough bought at - So, is is an opportunity? I think so - Others may think otherwise.

You may get lucky and get a MAR type rise ? remember that - 0.235p ( yes that was the lowest I was quoted!) to well over 12p now - that is over time.

It may not - that's the risk.