Cloudified Share Discussion Threads

[frak] 19/4/2016 11:55

Have a nice lunch boys ...once you've sorted it!

hxxp://jakartaglobe.beritasatu.com/news/president-joko-arrives-london-meet-pm-cameron/

[debbiegee] 19/4/2016 11:51

They do know about it

[littlemadam] 19/4/2016 11:50

UK and other Euro countries will not mention a word about chl. Cameron et al probably do not know about it.

[sos100] 19/4/2016 11:47

daddy-i'm talking about holding the share for the interim hearing results,not about the daily fluctuations of the share price especially with so many traders on here..

[stephen1946] 19/4/2016 11:26

Well researched and balanced comment rookie.

[webshares] 19/4/2016 11:24

Think that's the low for today, afternoon rally anyone

[spartikas] 19/4/2016 11:00

thank you Joko, please simplify and admit you %rewedup.


"Jokowi also pledged to continue to reform Indonesia into an investment-friendly country. "I will continue to reform, I will continue to simplify licensing, I will make Indonesia's economy more open," he went on."


hxxp://www.thejakartapost.com/news/2016/04/19/jokowi-invites-germans-to-invest-more-in-indonesia.html


Boasting about the ongoing Chinese railway project in Indonesia, President Joko "Jokowi" Widodo is trying to convince German investors to put more money into Southeast Asia’s largest economy.

At an Indonesian-German business forum in Berlin on Monday, Jokowi asserted that Indonesia was showing resilience in the face of global economic challenges, with the national economy growing at a surprisingly strong annual rate of 5.03 percent in the fourth quarter of 2015.

"I believe Indonesia already has a stable economy," he said in a press statement, quoting Asian Development Bank (ADB) data that the interest to invest in Indonesia was at the highest level in history.

According to him, infrastructure development and investment as two engines of economic growth had led to the economic stability, which Indonesia demonstrated with concrete results and breakthroughs.

Jokowi pointed to the construction of the high-speed railway project linking Jakarta to Bandung in cooperation with China. "China will build a factory in Indonesia that will not only produce, but also export the fast train to the whole of Southeast Asia," he said.

Jokowi also pledged to continue to reform Indonesia into an investment-friendly country. "I will continue to reform, I will continue to simplify licensing, I will make Indonesia's economy more open," he went on.

The business forum brought together investors and government officials from both countries to discuss the long-term investment outlook. Forty-two business leaders from various fields accompanied Jokowi on his visit.

In addition to boosting trade and investment, the completion of the Indonesian-European Union Comprehensive Economic Partnership Agreement (IE-CEPA)'s scoping paper was another focus of the visit.

During the day, Jokowi had meetings with a number of German CEOs, including of Meyer Werft, Ferrostaal, Bayer, Siemens, Daimler and Deutsche Bank.

Companies from the two countries signed cooperation agreements valued at a total of US$845.6 million, comprising cooperation between Aneka Tambang and Ferrostaal, Pelni with Meyer Werft, Pindad with Junggans Microtech, APRIL with Inava and PLN with Siemens. (ags)

[daddy warbucks] 19/4/2016 11:00

SOSIf I sold, I would say so and would leave the bulletin board alone.I have a curse which will only allow me to see all sides of an argument/ situation. I will post a negative to hopefully get positives back. I think it is important to see the full picture or as much of it as is allowed, because none of us know what is going on in the background.I would be delighted to see a settlement reported in the next few minutes or Thursday or next week. It will be good for all long term holders who have held on for justice.

[rookieinvestor80] 19/4/2016 10:56

No 30p today instead a drop below 20p is coming best to sell now

[rookieinvestor80] 19/4/2016 10:54

Down baby down and further it's falling who was ramping this yesterday

[jr_] 19/4/2016 10:52

I totally agree 2magpies. Well said.

[2magpies] 19/4/2016 10:48

One would have thought that some form of face-saving compromise might arise.

Losing outright would be a terrible loss of face for Jakarta, with possible political fallout.

Letting foreigners run off with a national resource will need some explanation for the domestic audience.


Coud it be that CHL will have to settle for less that 100% (i.e. Jakarta retains a share)?

[sos100] 19/4/2016 10:46

daddy-it does look like you've sold and panicking..

forget about tomorrow the interim hearing results are not that far away so interest will still be here for the next couple of months.
These results are crucial because should we win then i'm not sure what else ROI have left to offer..

imo.

[daddy warbucks] 19/4/2016 10:40

Karate boy, (3014)I refer to part of the RNS dated 13/4/16Today, Churchill's lawyers Clifford Chance wrote to the ICSID Tribunal to:(i) register Churchill's protest at Indonesia's failure to pay its share of the fifth advance;(ii) make submissions on the legal consequences of Indonesia's failure to pay its share of the fifth advance; (iii) update Churchill's Costs Submissions of December 2015; (iv) put Indonesia on notice for the purposes of Rule 28 of the ICSID Arbitration Rules; and (v) invite Indonesia to provide unequivocal confirmation that it is still participating in the arbitration and put Indonesia on notice that if it does not provide such confirmation by 6pm Singapore time Wednesday 20 April 2016, Churchill will bring an application under Rule 42 of the ICSID Arbitration Rules and ask the Tribunal to fix a schedule for the completion of this case without the participation of Indonesia.If the ROI have not made contact with either Chur hill or the ICSID, then Churchill will seek to have a ruling brought.The ICSID would then have to give the ROI, time to reply and also Churchill the opportunity to make comments on that reply. The ICSID will then have to consider all the facts. Can you see where I am coming from regarding time. You are correct. The ROI are probably playing games to extend the proceedings and that is why I don't expect fireworks on Wednesday or Thursday.The traders will bull this up for all its worth, suck people in while they get out with their profits. For long term holders no problems. For people buying in thinking we are getting a maga payout after Wednesday, will be disappointed.

[weegeordie] 19/4/2016 10:39

ok - misunderstood - quotes might have helped!!
WG

[karateboy] 19/4/2016 10:37

Wee ..I agree. I am saying exactly opposite. All discussions on non payments are through Icsid... I was responding to DW who implied Chl is talking to ROI.

[weegeordie] 19/4/2016 10:29

karateboy - nowhere does it say they are talking to ROI about the non-payment - surely that is your opinion? They might be but to say that there is "no question" is in itself misleading imo.

[spartikas] 19/4/2016 10:29

well said karateboy.....the results of the forgery hearing will be the nail in the coffin.

[karateboy] 19/4/2016 10:20

DW your comment is a bit misleading. There is no question Chl is talking to ROI on non-payments. Discussion is through Icsid. If you read the last RNS , you may conclude that the Next RNS should be as mentioned in the last RNS. In the last RNS , it was mentioned that comes end of Wednesday, CHL will bring an application under rule 42 to request Icsid to fix a schedule for the completing of this case. I assume the application is being written now to be issued on Thursday.
Chl has written to Icsid to:
I) Register Chl protest on non payment
II ) invite ( Icsid to invite) ROI to confirm that they are still participating in the tribunal
III ) update Chl cost claim as a result of non payments.


It is all ROI delaying tactics. ROI expecting non payments will delay the proceeding. It was excellent response from CHL to pay their share to allow hearing to progress. I don't believe ROI was expecting the prompt response fro CHL to pay their share of the cost. Well don Chl. Last RNS also mentioned that the fifth payment is to finalise the ruling on ROI application on fruad issues...we expect the ruling soon.

[debbiegee] 19/4/2016 10:20

Although there are those that will sell on news there could/should also be a stream of buyers on the news.

[weegeordie] 19/4/2016 10:18

FWIW I think those expecting ground breaking news in the next few days will be disappointed - we may hear that ROI have not replied to CHL's request to clarify but that doesn't mean much in itself - we are still guessing. No fireworks until ICSID ruling on the forgery case imo.
WG

[webshares] 19/4/2016 10:16

Exactly spartikas, 'newer' holders have seen the improvement in the odds of winning therefore taking a position here. News will come weds/thurs and some people will leave but I bet there will be more long term holders after the announcement than there was before.

[debbiegee] 19/4/2016 10:13

Yes traders come and go happy with a little.
We are in a better position and with time the market will appreciate that.

[spartikas] 19/4/2016 10:11

IMO Churchill are in a much stronger position than last year, the signs are all there the ROI defaulting the payment is the icing on the cake.

[debbiegee] 19/4/2016 10:10

see dates in last rns
1 day after last event so I dont expect news tomorrow ut Thursday or after.