Macau Property Opportuni... Share Discussion Threads

[spectoacc] 01/8/2016 15:38

Interesting late spike today.

[spectoacc] 25/7/2016 14:03

£/$ is, but Macau property market isn't! Fees not very pleasant either, HL quotes 3.28%pa - 2% of Net Assets is surely near 4% of share price when at a c.50% discount. Daylight robbery, that'd be a lot of the share price had doubled, let alone when it's halved!

Next continuation vote could be interesting, notwithstanding that it'd be a very poor market to fire-sale into.

[jbarcroftr] 07/7/2016 12:40

£|$ working in out favour now

[jbarcroftr] 20/6/2016 15:04

Anybody know the wind up date?

[shavian] 15/6/2016 15:37

QP : with this discount they probably could not resist a bargain.How come this purchase by the managers does not count as Insider Dealing?

[quepassa] 02/6/2016 07:35

Not so very happy that Sniper Investments keep on buying.

On the one hand, you can argue it supports the price.

On the other hand it gives them a growing influence as a significant shareholder in the Company which is not necessarily such a good thing.

I am always very wary of stake-building by the "Principals" when the share price is so weak.

You'd think it was a good thing and positive sign for shareholders - but in my experience that isn't always the case.

I would prefer Sniper to manage the fund not to own it. Sometimes this leads to mixed motives and intentions.


ALL IMO. DYOR.
QP

[tyranosaurus] 29/2/2016 08:41

Still looking like £1 coming.
No sign of an upturn before the next continuation vote.
Perhaps they may now consider a manual share buyback as the one they put in place doesn`t seem to be working.

[tyranosaurus] 08/2/2016 16:03

Next stop £1

[tyranosaurus] 26/1/2016 13:38

Are all those people who voted to extend the life of MPO happy that we have all lost getting on for 50% of what we could have got ?
Why have there been no buybacks in a period where the share price has gone down by 20% ?
How much has their mountain top palace gone down in value since they doubled it in size ?

[shavian] 04/1/2016 19:03

China panic overdone on modest fall in manufacturing PMI. Meanwhile services PMI for December Is well up at 54.4, well above the neutral 50. A few analysts are beginning to note a lot of consumer activity picking up, especially on the coastal regions. Could be good for spending in Macao.

[tyranosaurus] 04/1/2016 13:14

Share price slowly sinking to who knows where.
NAV probably sinking also.
No buybacks recently
No news recently

Yawn.

[tyranosaurus] 02/12/2015 13:39

BUYBACK PLEASE

[tyranosaurus] 05/11/2015 11:31

No recent share buybacks when the price was down at around £1.60 was disappointing.
Hoping for slow recovery back towards £2.00

[shavian] 27/10/2015 18:46

Softlee softlee catchee upee. Consumer spending in China much stronger than the pundits would have you believe.

[oregano] 08/10/2015 12:54

i wonder...

MACAU +5% Macau China visitor arrivals Oct. 1-3 +16.4% y/y to 427,325 + Fitch says Macau GGR may have hit bottom on seq basis + building on strength after China govt support headlines last week

4. MACAU +1.5%: Both Oct 6 & 7 mainland visitors positive; with 1-7 Oct saw +7.1% YoY for mainland visitors

[badtime] 26/8/2015 16:57

I said in post 401 that 170 might be support (guesswork) and so far it has been ...anyone buying? I'm tempted to get back in

[badtime] 26/8/2015 16:56

Ironically this has held up rather well against the last weeks market gyrations

[zangdook] 13/8/2015 12:29

Perhaps he was referring to the adjusted NAV per share at the end of last year, as per RNS.

[tyranosaurus] 13/8/2015 12:21

In freefall.
Perhaps Simon would like to explain his £3.00.

[badtime] 13/8/2015 08:58

well there is your answer

[tyranosaurus] 12/8/2015 11:52

Simon says £3.00
Simon says 38p cash
I believe neither

What`s the 500,000 share transaction at £1.84 ?

[jbarcroftr] 12/8/2015 10:41

Agreed Zangdook
I presume the redevelopment of Penha Hill and Green House is included at cost
Also 15 p of deferred taxation deducted
As you say nice to have some explanation
Hopefully Simon Vthompson will have more information in due course