||EPS - Basic
||Market Cap (m)
|Real Estate Investment & Services
Dragon-Ukr. Share Discussion Threads
Showing 351 to 374 of 375 messages
|Let's see the results.
If there are new impairments it seems possible that the management/owner wants to prepare the stage for a bid.|
|Results released this time last year...|
|I've bought some of these recently at prices in the 13p-15p price range. The manager has been buying shares at around 13p and I assume have temporarily stopped because the company is in a closed period. Results must be imminent?|
|Yes fees arent based on NAV any more my mistake...
Landbank was bought at top of the market and I believe they had issues establishing their claim - clearing garages off sites etc. Still you are right in that $2.26 per m3 looks extremely low, particularly given what they paid for it. It all depends exactly where it is - I have had a look at Kyiv land prices on various sites and prices are ridiculously mixed....|
they have changed the investment management agreement long ago. Fees are not based on NAV.
The landbank was probably overvalued, but it has been impaired by what.. 80%? 90%?
I have never seen impairments so extreme... We are talking about a very substantial area around Kyiv, not Donbass.
In the case of a lowball bid, Don't you think that it would be a pity to give the company away for 20p while there is substantial net cash in the balance sheet?|
|Hi Sophia - I only tend to post when I have something meaningful to say and not much has happened other than they paid out some cash.
I wouldn't judge that an impairment means the landbank is undervalued - rather it was overvalued in the first place. These are not 1 big plot - lots of smaller plots (I think). You should remember they charge fees based on NAV - so its in their interest to overstate.
I wouldn't be too surprised if there was a lowball bid - but I got in at a lowball price - so all is good to me!|
|Thank you, Rjmahan.
Your last post dates a long time ago. Would you like to update your analysis?
One thing I don't understand is that they seem to understate their assets, especially after the review of the investment management agreement.
You mention Arricano, but also the massive land bank has been hugely impaired to a level which looks extremely low to me.
Is it this an attempt by Fiala to prepare a low ball bid for the company?|
|I'm in it Sophia check out my blog www.deepvalueinvestments.wordpress.com|
|Anyone following this?
Stunning discount to NAV (with good chunk of net cash).|
|I have just bought this - trading at very close to cash, some of which is coming back via a dividend very shortly...
|posts 332 and 337 are the same multi-handled sock-puppet troll. I wouldn't bother answering him even sarcastically.|
|Just value it at 0p priced to go bust, none of these tiddlers will survive the global rout, the chart does not lie, heading for zero.|
|How to value this? Where to start!|
my retirement fund
|What's the latest situ here
last time I looked these were around 30p|
|Last looked at these 12 months ago. Thought they looked reasonable value but put off by unknown cost of completing part developed assets. Price was 36p so I guess I would be down 21% now.....|
|Bought a few for the 3.5p dividend. Record date is 9th january and payment on 22nd january
Currently valued at 30% of last stated NAV of 78p|
|Bought and sold these following Weiss in and out for a small profit. Followed Lars in but sold out due to a change of strategy (I needed the money) in July. Looking at the chart I was lucky.
Lars hasn't sold any so there is I suspect intrinsic value here for the long term.
After WWII and the German history it is a shame that the EU and the Russians can't be a bit more Humane. tolerant, sensitive and civilised in their negotiations with one another.
A friend who visits Russia on business says they hate the Germans and I suspect Europe by inference of Merkel's influence on the EU.|
|will look cheap again at 8 pence imo|
|Highly probable. Oh dear another quote "all that is written is advertising"|
|Was it addis the makers of cheap floor mops and buckets?|
|Who was it who said "if there is blood on the streets buy"?
Not that I've got the courage to.|
|I thought Simon Thompson said hold - like the underlying but still can't justify Ukraine given dispute with Russia.|
|It was a Simon Thompson at IC induced spike, price target is 57p|
|Lars Ernst Bader bought 10.27% on 28/1/2014 I wonder if he is back for some more
I track the rest of his hoildings on the WAM thread :-)|