Origo Partners Share Discussion Threads

[russman] 07/6/2016 19:53

Has the winding up petition been heard yet?

[zcaprd7] 27/5/2016 12:00

Kincora down 30 percent today, but haven't looked into the merger details?

[zcaprd7] 27/5/2016 11:57

Some more portfolio activity...

[zcaprd7] 11/5/2016 10:32

Not till November. Shows viability to a judge though...

[zcaprd7] 07/5/2016 02:15

Missed that latest announcement, something for the judge to consider there then, how much is the stake predicted to be worth I wonder?

[zcaprd7] 30/4/2016 12:33

From the 7th March? There were some chunky trades before suspension that didn't get announced?

[russman] 21/4/2016 19:20

If Rothschild is selling, who is buying?

[zcaprd7] 11/4/2016 15:25

Looks like it...

[russman] 10/4/2016 10:53

So PAG have joined the Isle of Man Party.
I do not think the BoD have a leg to stand on.
Literally lame ducks.

[zcaprd7] 06/4/2016 11:51

Big day tomorrow...

[zcaprd7] 20/3/2016 16:59

Well, a few million is nothing to them...

[russman] 19/3/2016 10:19

PAG, the website has not been updated.

[zcaprd7] 18/3/2016 11:18

Who was that? And where did the DB shares go, to them?

[russman] 18/3/2016 08:30

The big shareholder who voted against the last restructuring has not shown his "hand".

[zcaprd7] 16/3/2016 12:23

Don't know. The executive in charge is only on £40k from memory, everyone else was getting paid in options! I suppose if you wanted to start a "China" fund, £14m chucked at this lot would be a good place to start?

[russman] 15/3/2016 07:42

Well I suppose there is a Plan B or there was no logic voting against the restructuring.

[zcaprd7] 14/3/2016 09:00

Yeah - if you were the related party, you'd let both parties get frustrated before saving the day. DB? Or whoever DB sold too?

[russman] 13/3/2016 09:46

I suppose a "related party" could buy the ZDPs out. They may settle for less than $12m.

[zcaprd7] 11/3/2016 10:49

Yes. A right mess. What was the latest unaudited NAV. 5p or something. There are assets three, but realisation through insolvency will leave f all for shareholders I assume?

[russman] 11/3/2016 08:44

The company is in realisation & has failed to raise the $12m.
The BoD should say "you win" to Brooks & resign.
The ords will not get anything; ZDPS may get 80% in a winding up.
In a realisation, ZDPs may have got 100% in time (years).
Complete mess.

[sweet karolina] 11/3/2016 07:37

Oh well too late. Anyone holding will be able to balance the loss against next year's capital gains tax.

[zcaprd7] 10/3/2016 19:26

Why bother?

[sweet karolina] 10/3/2016 17:01

If this is still trading tomorrow morning, get out first thing anything back is better than nothing as long as your dealing costs are covered.

[zcaprd7] 10/3/2016 12:08

Nobody tempted then. Presumably some upside if they can flog one of their holdings off?