Falk IS. Hldgs Share Discussion Threads

[absolute returns] 29/5/2004 11:46

OXS to do a deal with DES post CMR take over ?

[grgkecer] 28/5/2004 18:14

Roger Spink, who is quoted above (12), is the director on the ground. Perhaps more information will be given with next month's Final Results.

If the rumours about Cambridge Minerals prove true, they may want to step up their exploration in the Falklands after shedding Lomero Poyatos.

The oil prospects could be just as significant as the minerals, but if either generates major activity, FIH will profit from the increase in services required.

[keithfagan] 28/5/2004 14:43

I have a small holding in FKL that came from the old Anglo Utd days. I think my patience will finally pay off even if, as it looks, the steady growth will take a good 12-18 months to get to the levels I want. All depends on the mineral exploration on the Falklands so if anyone has an update it would be welcome.

[grgkecer] 19/5/2004 09:17

Falkland Islands Holdings PLC
Investment in Portsmouth Harbour Ferry Company

Looking for the business generated by NOP?

[grgkecer] 13/5/2004 19:08

It's no use trying to find the key areas on the map on FKL's website - it's illegible. Roger Spink says:
"We do not wish for a higher resolution map to be available, the map on the Web site and indeed on Cambridge Mineral Resources and Global Petroleum's are intended to give an idea of the areas to be covered only. The map clearly depicts the general area of the Islands to be covered and is meant as a guide only.

We clearly have to try and find a balance between keeping shareholders informed and protecting commercial information."

[currypasty] 12/5/2004 07:49

Falklands-Malvinas
Wednesday, 12 May

Search for gold and diamonds in Falklands intensifies.

An airborne survey which will determine just how vast the quantities of gold and other precious minerals are in the Falklands is nearing completion.

Furgo Cessna 400 in Stanley
The aeromagnetic survey is being conducted by Fugro Airborne Surveys using a Brazilian Cessna 400 aircraft, crewed by 4 Brazilians, which defied an Argentine Government ban, and found its way to the Falklands, via Southern Chile and Cape Horn. Buenos Aires currently refuses permission for flights to fly over its air space enroute to the Falklands, other than the scheduled weekly Lan Chile service. The Lan Chile flight forms part of a 1999 Agreement to which Argentina was one of the signatories.
Already samples of gold have been discovered on the Falklands during land based prospecting. Now a newly formed company, Falklands Minerals Limited, has taken the search one step further with the aeromagnetic survey. This new minerals exploration programme will cost around $US 1.5 Millions. Falklands Minerals Ltd is a Joint Venture Company comprising Cambridge Minerals Resources, Global Petroleum Ltd and Falkland Island Holdings which is the parent company of the long established Falkland Islands Company (FIC) which owns major assets in the Islands, such as the Upland Goose Hotel and West Store. The FIC once owned almost half of the farmland on the Islands, before selling to the Government for subsequent sub-division and private ownership.

David Hudd, Chairman of Falkland Islands Holdings said, "The Falkland Islands remains practically unexplored for minerals. The funding which has been secured will enable a comprehensive exploration programme to be undertaken which fior the first time will have the benefit of modern technology".

The Brazilian aircraft is surveying some 14,000 sq km of Falklands' territory, generally operating at 500m intervals. However in three key areas the aerial survey is far more intensified, with 250m flight line spacing being conducted. These areas include Mt. Usborne in the north of East Falklands, Glorious Hill in Lafonia to the south, and the Warrah and Mt. Robinson areas on the north-west of West Falklands.

Managing Director of the Falkland Islands Company, Roger Spink, told MercoPress that the aeromagnetic survey was, "progressing satisfactorily, despite some early technical problems".

Once the results of the aeromagnetic survey have been analyzed, Falklands Minerals Ltd will begin land based drilling in the areas identified by the aerial survey. This work could start as early as the austral summer of 2005, and is expected to provide employment for many Islanders.

Geology shows that the Islands were once part of South Africa, where vast deposits of gold are mined. If, as expected, considerable quantities of precious minerals are discovered on the Falklands, then the Islands could become a prospector's dream, while ensuring a financially secure future for the 2,500 population

[grgkecer] 08/4/2004 12:08

Probably all shareholders have received this, but it may be of interest to anyone who hasn't:

IS Intersecurities consider that Falkland Islands Holdings PLC may be one of the most overlooked companies
we have seen, the future of this company is rapidly changing. You may not be up to date with developments
currently taking place. You may have had neither the time nor the resources to keep track of these changes
since you first purchased a holding in this company.

IS Intersecurities has recently commissioned an Independent Research Report on Falkland Islands Holdings
PLC. This report will provide you with technical analysis, valuation, fundamental factors and outlook for the
stock. Is Falkland Islands Holdings PLC still a good investment? With market sentiment changing in recent
months, you may require further research before making an important decision on the best strategy for your
shareholding.

IS Intersecurities is a Private Client Stock Brokers located in Frankfurt, the financial centre of mainland Europe.
The origins of the company date back to 1974, which has enabled us to build up an enviable record of
knowledge and understanding in the US and European financial markets. We offer tailored and proactive
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we are able to trade CFD's, options, futures and regulation S placings, which are subject to a one-year holding
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To receive your Free, Research Report on Falkland Islands Holdings PLC simply complete the reply card and
return it to us in the Freepost envelope provided. Upon receipt we will send you the report without delay and may
contact you by phone with further information on our services.

Subject to copyright, when received, the report will be posted here.

[grgkecer] 29/3/2004 17:52

Final dividends (no interim): '98 - nil; '99 - 4p; '00 - 4.4p; '01 - 4.6p;
'02 - 5p; '03 - 5.5p.

[ccorton] 29/3/2004 17:32

But that is only a yield of about 2.3%. Haven't they paid higher yields in previous years? Ft.com is imagining a yield of 4.84%.

[grgkecer] 29/3/2004 17:02

"... in the absence of unforeseen events, they [the directors] would anticipate paying a dividend of not less than 5.5p in respect of the year ended 31 March 2004."

Interim Report, 10 December 2003

[ccorton] 29/3/2004 15:30

busy thread!

nb. I have only just noticed that FKL did not pay an interim dividend. That rather messes up the potential yield.

[ccorton] 24/2/2004 23:38

Tempting:

Basically, earned 3.2p per share for the last six months. At a market cap of 16 million this implies a return of 2.56%.

Falklands is on a rising tourism trend. plus, government has savings account (rather than a lot of debt) which could always be used to boost the economy. Fishing agreements with Argentina seem to be doing well.

This share is exciting because:

(i) will share in 20% of revenues from any oil discovered south of the Falklands.

(ii) will share in 26.5%ish of revenues from any minerals mined on the islands.

Is this assessment accurate?

[eburne1960] 20/2/2004 18:10

Can you remind me who David Kirch is, or what he is known for please.

[mesquida] 19/2/2004 13:11

Nice to see this board coming alive at last, but nobody seems to have picked up on my point about RAB Capital (previous thread 18/02/04). These guys are hedge fund operators and their recent track record is unbelievable. Did nobody see Edmund Jackson's recent piece on them in the Sunday Telegraph? As hedge fund operators these guys do not get involved unless they can see an exit. So what is their game plan?? Perhaps we might eventually see a flotation of the joint minerals project with FKL retaining a smaller percentage of a much bigger cake. Perhaps this stake might even prove to be worth more than the current market cap of FKL. Now there's a thought.

Meanwhile, back in the real world, Winterflood have started to call these on a 15p spread. Now what does that tell you?!! The answer starts with a 3. !!!!

[currypasty] 19/2/2004 12:36

another rise today

[absolute returns] 18/2/2004 17:59

I have found it very hard to deal in these, but that was at much lower levels and in more quiet times....

[currypasty] 18/2/2004 17:59

LONDON (AFX) - Cambridge Mineral Resources PLC said it and its joint venture
partners, Falkland Island Holdings PLC and Global Petroleum Ltd, have obtained
financing from funds managed by RAB Capital to form a new company, Falkland
Minerals Ltd (FML), to explore the on-shore mineral potential of the Falkland
Islands.
Under the terms of the new agreement, the on-shore prospecting licence will
be transferred to FML and RAB Capital will contribute 1.2 mln usd towards the
1.535 mln usd exploration programme.
Cambridge will contribute 35,250 usd towards the exploration programme.
Prior to this deal, Cambridge, via its subsidiary company South Atlantic
Resources Ltd, held 33.3 pct of an on-shore prospecting licence covering about
14,000 square kilometres of the Falkland Islands.
The work programme includes an aeromagnetic survey over the whole of the
Falkland Islands, followed by drilling of identified targets, Cambridge said.
Results of this survey are expected by the middle of 2004.

[currypasty] 18/2/2004 17:58

The board of Falkland Islands Holdings plc ("FIH") notes the recent substantial
increase in the market price of its shares. The board believes that this has
been caused by current strong interest in oil exploration shares and is linked
to FIH's share holding in Falkland Oil and Gas Limited ("FOGL"). The Admission
of FOGL shares to AIM is expected to take place on 14 October 2004.

As announced on 30 September 2004 FIH will hold 18.1% of FOGL's issued share
capital assuming that the offer for subscription is fully subscribed. Based on
the FOGL placing price of 40p per FOGL share, FIH's investment in FOGL is valued at #5.78 million.

FIH is in the process of arranging finance for its proposed offer for The
Portsmouth Harbour Ferry Company PLC which could involve the issue of new FIH
shares for cash at a substantially lower price than yesterday's closing
mid-market price of 722.5p.

FIH has 6,544,805 ordinary shares in issue (ISIN number GB0001861599). This
information is given in compliance with Rule 2.10 of the City Code on Takeover &
Mergers.

[primachm00] 18/2/2004 17:54

yes it's finally making a move. i have owned fkl for ovr 4yrs,and todays price shows very nice return,only problem is that this stock is very illiquid and as you can see any substanial buy or sell results in major price move.happily it is now on upward direction
i also have similar compay - vth - which rarely trades,and is significantly undervalud

[zcaprd7] 15/10/2002 14:59

Nice stock if there is oil interest.

They will benefit even if oil isn't found.

[nijo] 07/10/2002 15:20

Well am i the only one making money on these , had since the days of Anglo UTD
starting to look good.

[markymar] 14/3/2002 10:26

LONDON (ShareCast.com) - General retailer Falkland Islands Holdings was 4p better to 179p amid talk that the group, controlled by Leonard Licht and Sir Harry Solomon, may soon unveil a significant acquisition, The Independent reported. Talk had it that the two men were using the company as a vehicle for a major deal.

[bartok] 04/1/2002 04:40

This company has an interesting history. It was incorporated in 1851 by Royal Charter of Queen Victoria as the Falkland Islands Co.Ltd. I was a shareholder when it was taken over in the early 1970's by the Dundee, Perth and London Shipping Co. After a series of takeovers it ended up in the hands of the Coalite Group which became Anglo-United. The latter spun off its holding in the Falklands company to its shareholders as part of a bankruptcy recapitalization.
Shares in Falklands thus came back on the market after an absence of almost 30 years at which time I bought back in.
I believe the recent strength in the share price is related to the Argentine economic crisis. With the country on the verge of collapse the new government will have more important things to do than to concern itself with
sovereignty claims on the Falklands. The political situation has thus been stabilized, leading to increased investor confidence in the company.