Cloudified Share Discussion Threads

[welshwiz] 03/12/2016 11:52

Prize Bull?
I thought you were a heffer :-)

[temmujin] 03/12/2016 11:16

120p looks abit miserly though.. give it a rest great steps...want early sellers?

[temmujin] 03/12/2016 11:14

giant steps aka great steps aka bbr391 makes his long awaited appearance on the lse board...seems very confident!

Courtesy bbr391Today 08:05Friday, 2 December 2016
2016 Churchill Mining & The Yearbook Of Mr Investor
We stand on the summit of a great leap forward ,or stride back as Churchill comes to the epicentre of the result of arbitration .
Which way will it go ? Suffice to add I have twenty fold the Oxus Investment here .Ten fold the Rurelec Investment & even more than on the Metal Tech Victory .
Having joined Mr David Quinlivan on the hunt for reparation in Christmas 2011 . It seems very fitting that Christmas will be Our Central thematic .
As usual Investing in the right place comes down to self belief ,good research and a slice of luck .
Let`s hope Churchill`s legal team have all three in abundance .
There are good reasons even for The Indonesian Government to settle this case fairly and Equitably ,which I am sure many of you have researched and are up to speed on .

Expected Outcome ;

Nought or One pound and twenty pence .

[andy] 03/12/2016 10:49

stephen19462 Dec '16 - 19:46 - 25411 of 25417

Stephen,

If anyone wants to take out CHL they would talk to PALA first and do a deal for their shares, IMO. That would give them 30%, and then they are in a much better position to negotiate from.

So maybe accumulate a few % under the radar, then go for Pala's block, and then you would be in a strong position.

PALA may be a willing seller at a price, everything has its price.

[elrico] 03/12/2016 10:40

Neo - What would ICSID motive be to throw CHL under the bus? If as we all seem to conclude, ROI have thrown the forgery towel in, ICSID have no reason to unless they're corrupt.

At this stage, all that concerns me is the share price being reluctant to push above 40p. If Stephens hypothesis (ROI buying CHL shares) had any merit, we could be well north of this now - we are not, so why? Is OXUS playing on peoples mind here? I wasn't involved with OXUS, so can't comment on the situation there. I don't see ROI buying CHL shares in the background - that would be government office embracing corruption when it needs to be viewed in a glowing light embracing European e commerce.

[debbiegee] 03/12/2016 10:34

There are lots of gems of posts here over the last couple of days especially the AGM notes and posters questions and answers afterwards.
The last couple of days make good reading.
Also plenty of research links in the header.

On the negative side though everything has always taken longer than we have thought so obviously much better advice would be to be prepared to wait.

IMHO and I am a prize bull so DYOR and GL

[masarap] 03/12/2016 10:28

hxxp://www.thejakartapost.com/news/2016/11/30/jokowi-calls-on-global-ceos-to-invest-in-indonesia.html

Adverse publicity from the CHL case isn't going to help their pitch so if ROI lose, as everything in the public domain suggests they should, then I can't see them wanting to drag this out. A takeover would be the most convenient way to end this from ROI's perspective. I think the shadowy figure of Prabowo and political calculations may well have tied Jokowi's hands so far.

ROI are also looking to do a trade deal with Europe and their need for inward investment probably makes a CHL settlement seen as the cheap or pragmatic option if adverse publicity from the CHL saga is perceived as having a negative impact on their goals.

hxxp://www.thejakartapost.com/news/2016/12/01/bkpm-upbeat-over-43b-investment-target.html

[stephen1946] 03/12/2016 09:51

The problem for the whole of Asia, particularly ROI was the Election of Donald Trump to the office of President of USA.
JOKO WIDODO cant afford ROI to look like a cheap banana republic, this chl business must be swept under the carpet asap.

CHL will win, they may not hit every coconut on the shy, but the overall result will see chl come out as victors and ROI will be utterly villified, but neither we, nor anybody else will ever see the report castigating ROI, this whole matter is about to vanish. Imho. CHL had a Trump card, called, DONALD.

[rutter] 03/12/2016 09:35

It's certainly squeeky bum time. I am "dithering" as to take a position on Monday. CHL should certainly feel aggrieved if the decision doesn't go their way. Very GLA

[rettah] 03/12/2016 09:34

P@ or PB01

Did anyone at the AGM ask about the fresh allegations made against Paul Mazak (I'm assuming they relate to him)

Thanks

[maks1] 03/12/2016 09:06

Friday, December 02, 2016 GMT+7

09:10AM Government to revise two mining regulations - petromindo.com

[judijudi] 03/12/2016 07:39

Bones,
It must have been a good night!
How bads the hangover??
:)

[nicebut] 02/12/2016 22:22

IMO a TO would be a non- starter due the various trust issues to begin with. DQ thinking out loud perhaps... IMO. Anyway lets win the thing first...

[p@] 02/12/2016 22:18

It was stated at the meeting that ROI was difficult to deal with,so I think the takeover was just a consideration by the BOD's.

[neo26] 02/12/2016 20:18

That's if they win forgery then I'm convinced now chl will be taken over.

[stephen1946] 02/12/2016 20:14

One point i did'nt mention, Question, why dont roi just buy chl?

Because that would mean, the offer price £9 per share x 148m = £1,332,000,000

Whereas doing it my way, take out 30%= 49m x £9= £441m. No animosity, handshakes all round.

I will be staying until the end, £9 sounds lovely, bit more than i bought in for.

[neo26] 02/12/2016 20:07

ElricoOr the flip side, icsid can throw chl under to bus for the greater good.I hope this is not case.Come on CHL.

[elrico] 02/12/2016 19:53

The signs are looking good for a CHL win – It seems almost a forgone conclusion the fraud allegations will be a slam dunk, given ROI seem to have thrown the towel in by offering nothing in terms of defence, from what I can gather. I am sure I will be shot-down if I am wrong here. The question here is one of strategy for ROI. How does it go about settling a long running dispute and save face?

Yesterday, PB offered an insight to this with his comments here;
Out Of Court (OOC) settlements and return to shareholder:

Some interesting comments regards this. NS stated he doubted ROI would settle easily OOC as they have been nothing more than difficult and evasive all the way through the process. Politically the current President of Indonesia (Pres Wikodo) has to weigh up pro’s and con’s having this information on forgery aired publically (hurtful for foreign investors) and the upside of naming and shaming his arch political rival General Pabrowo who came second in the last general election.

DQ said most likely return of funds to shareholders would be via a face saving move by a ROI friendly organisation taking over CHL.

End

January seems a key month for ROI and may play a role in ROI’s next move….
Indonesia will seek a win-win outcome for the Comprehensive Economic Partnership Agreement (CEPA) with the European Union, having exchanged views on a number of crucial sticking points ahead of the next round of negotiations in January.


The EU and Indonesia began earnest talks on the free trade pact in September following the signing of scoping papers earlier in April.

Issues discussed in the negotiations include market access for trade in goods and services, customs and trade facilitation, sustainable development and dispute settlement.

With regard to dispute settlement, Foreign Minister Retno LP Marsudi said the EU had proposed handling disputes by using the investment court system (ICS), an updated version of the notorious investor-state dispute settlement (ISDS) mechanism.

With this in mind, might this be a little poke in the ribs ROI need to clear the air and move on. Simply bullying, committing theft, accusing foreign investors of fraud seems hardly the best strategic manoeuvre.

[neo26] 02/12/2016 19:50

I think p@ did mention something yesterday, it all depends on the wording of the verdict. If it's detrimental to roi the case could end here and roi can do something to settle.

The question is if chl win this phase the share price might increase 2-3 times current value but it just might be worth holding a little longer as I believe some Indonesian company will probably buy us. Fairly convinced something will happen quickly as someone said quantum phase can be concluded within 4-12 months and if chl are 6 months down the line I doubt they would want to settle and they may wait for verdict as they have spent a lot if money on this case, c.$25m to date. That's half the current MKT cap..

Something likely next few months if we win on Wednesday.

All imho