East Star Resources Share Discussion Threads

[dave4545] 08/5/2021 10:16

I'm not worried, people that cannot hold a stock are the ones facing total wipeout, I can never understand why people buy and sell for a huge loss within a week, it's been proven in this market that if you just hold your share will come good in the end.

[aaron87ward] 07/5/2021 22:47

Don't worry... Chunky buys gibe through at over 8p for £100k plus. I got spiked on CTRM at 10p.....it sunk to 6p and is now 22p

[dave4545] 07/5/2021 15:23

Traders paying 7-9p selling for 6p now idiots

[chrisbenno82] 05/5/2021 13:59

Bargain prices sub 7p

[turbotrader2] 05/5/2021 13:34

Multi bag in the making

[solarno lopez] 04/5/2021 13:07

The advfn system has picked up some odd information as the Fundamental Data is wrong.

The company is a cash shell and never traded before !

[solarno lopez] 04/5/2021 12:51

!FOLLOWFEED
Shell company is targeting opportunities in the natural resources sector

[wexboy] 14/3/2012 12:58

Hi folks,

Just finished a two part review of all the Russia focused/related closed-end funds out there, including EST - hope you'll take a look & comment:



Cheers,

Wexboy

[hvs] 29/11/2011 19:56

Its going down be very very careful.

[energiser01] 05/5/2011 07:29

SP behaving strangely given NAV is holding up well.

NET ASSET VALUE

THE EASTERN EUROPEAN TRUST PLC

The unaudited net asset value for The Eastern European Trust PLC at close of
business on 3 May 2011 was:

617.47c per share (US cents) - Including current year income
374.50p per share (pence sterling) - Including current year income
601.59c per share (US cents) - Diluted for subscription shares (including current year income)
364.86p per share (pence sterling) - Diluted for subscription shares (including current year income)

dyor etc...

[energiser01] 04/5/2011 14:44

Looks like BGF Emerging Europe Fund have spent another £0.5m on shares in EST, taking their holding up to just over 8% last week.

dyor etc..

[mr. t] 30/4/2011 18:02

That helps a lot - thanks!

I've got a some warrants and am just considering my options, i.e. is the potential reward worth the risk? I can afford the conversion, so will bide my time.

[energiser01] 29/4/2011 09:31

Sberbank - EST Largest holding at over 12% I believe.

Rating Agencies all moving Sberbank up, from negative to stable or better....

Supervisory Board confident - recommend AGM to pay out 12% of 2010 net profit which implies dividends in the amount of RUB0.92 per common share and RUB1.15 per preferred share;

Key Results for Q1 2011 vs Q1 2010 looking to have started very strongly..

Income Statement Highlights for 1Q 2011 (as compared to 1Q 2010)

Net interest income decreased by 3.4% y-o-y
Net fee and commission income rose by 3.7% y-o-y
Total provision charge amounted to RUB3.9 bn vs. RUB55.0 bn for 1Q 2010
Operating income before total provisions increased by 6.1% y-o-y
Operating income after total provisions grew 1.7-fold y-o-y
Operating expenses increased by 25.7% y-o-y
Profit before tax amounted to RUB93.6 bn vs. RUB45.4 bn for 1Q 2010
Net profit totaled RUB83.9 bn vs. RUB43.2 bn for 1Q 2010

dyor etc...

[energiser01] 29/4/2011 08:59

Mr T - Technically they are as you say underpriced with mid at 33p (exercise 299p) so 332p puts them about 2.5p under mid with the share price at around 334.5p mid. But the spread on both share price and Sub can vary quite a bit on a daily basis. Plus dealing costs etc.

I'm still positive on EST as a trust, but with only a month or so on the subs, I wouldn't be buying now unless I could afford the conversion (or your prepared to risk the trust selling them at expiry), NMS is usually around 10000, but this fluctuates so could make subs difficult to trade near expiry. Others who have traded Subs/warrants for a long time, will advise of some bizarre movements in pricing as expiry approachs.

FYI - Good News from Gazprom, which was 2nd largest holding at around 10% I believe.

Gazprom (MCX: GAZP.ME - news) , the world's biggest gas firm, on Thursday reported colossal profits for 2010 of over $35 billion, up 24 percent and reinforcing its status as a cornerstone of the Russian economy.

Link to story -


Hope that helps

dyor etc..

[mr. t] 28/4/2011 09:19

Thanks as always for your updates energiser01.

What's your view on the fair value of the warrants, given the short expiry date? They seem underpriced to me, but come with risk.

[energiser01] 27/4/2011 15:35

NAV on rise again from recent weakness, whilst share price still behind, gap 40p+ now on un-diluted NAV.

NET ASSET VALUE

THE EASTERN EUROPEAN TRUST PLC

The unaudited net asset value for The Eastern European Trust PLC at close of
business on 26 April 2011 was:

621.48c per share (US cents) - Including current year income
377.80p per share (pence sterling) - Including current year income
604.94c per share (US cents) - Diluted for subscription shares (including current year income)
367.74p per share (pence sterling) - Diluted for subscription shares (including current year income)


dyor etc..

[energiser01] 07/4/2011 18:44

NET ASSET VALUE

THE EASTERN EUROPEAN TRUST PLC

The unaudited net asset value for The Eastern European Trust PLC at close of
business on 6 April 2011 was:

637.34c per share (US cents) - Including current year income
390.56p per share (pence sterling) - Including current year income
613.03c per share (US cents) - Diluted for subscription shares (including current year income)
375.67p per share (pence sterling) - Diluted for subscription shares (including current year income)

[energiser01] 05/4/2011 17:39

NET ASSET VALUE

THE EASTERN EUROPEAN TRUST PLC

The unaudited net asset value for The Eastern European Trust PLC at close of
business on 4 April 2011 was:

627.37c per share (US cents) - Including current year income
388.66p per share (pence sterling) - Including current year income
603.82c per share (US cents) - Diluted for subscription shares (including current year income)
374.07p per share (pence sterling) - Diluted for subscription shares (including current year income)

[energiser01] 04/4/2011 19:38

NET ASSET VALUE

THE EASTERN EUROPEAN TRUST PLC

The unaudited net asset value for The Eastern European Trust PLC at close of
business on 1 April 2011 was:

620.08c per share (US cents) - Including current year income
386.81p per share (pence sterling) - Including current year income
597.18c per share (US cents) - Diluted for subscription shares (including current year income)
372.52p per share (pence sterling) - Diluted for subscription shares (including current year income)

[energiser01] 28/3/2011 21:56

THE EASTERN EUROPEAN TRUST PLC

The unaudited net asset value for The Eastern European Trust PLC at close of
business on 25 March 2011 was:

610.01c per share (US cents) - Including current year income
379.24p per share (pence sterling) - Including current year income
589.01c per share (US cents) - Diluted for subscription shares (including current year income)
366.19p per share (pence sterling) - Diluted for subscription shares (including current year income)

[energiser01] 25/3/2011 16:47

NET ASSET VALUE

THE EASTERN EUROPEAN TRUST PLC

The unaudited net asset value for The Eastern European Trust PLC at close of
business on 24 March 2011 was:

607.32c per share (US cents) - Including current year income
375.81p per share (pence sterling) - Including current year income
587.13c per share (US cents) - Diluted for subscription shares (including current year income)
363.31p per share (pence sterling) - Diluted for subscription shares (including current year income)

[energiser01] 09/3/2011 17:16

NET ASSET VALUE

THE EASTERN EUROPEAN TRUST PLC

The unaudited net asset value for The Eastern European Trust PLC at close of
business on 8 March 2011 was:

596.59c per share (US cents) - Including current year income
369.23p per share (pence sterling) - Including current year income
578.13c per share (US cents) - Diluted for subscription shares (including current year income)
357.80p per share (pence sterling) - Diluted for subscription shares (including current year income)

[energiser01] 08/3/2011 18:38

NET ASSET VALUE

THE EASTERN EUROPEAN TRUST PLC

The unaudited net asset value for The Eastern European Trust PLC at close of
business on 7 March 2011 was:

598.70c per share (US cents) - Including current year income
368.92p per share (pence sterling) - Including current year income
580.24c per share (US cents) - Diluted for subscription shares (including current year income)
357.54p per share (pence sterling) - Diluted for subscription shares (including current year income)