Origo Partners Share Discussion Threads

[zcaprd7] 24/11/2016 17:16

They said they'd do that at the final results...

[russman] 24/11/2016 12:41

So you dont think it would have been prudent to give a NAV per share.Do you think 2 yrs is long enough.

[zcaprd7] 23/11/2016 18:00

Portfolio update all looks fairly positive to me? Only skimmed it.

[zcaprd7] 21/11/2016 18:35

Yes. The government has ballsed it up...

[russman] 21/11/2016 09:21

Mongolia is not very popular at the moment.

[zcaprd7] 21/11/2016 04:37

It was a firesale. But they have over 2 years, and we have more than greenshoots in the investee companies...

[iankn73] 18/11/2016 18:21

Article from 2013.

hxxp://citywire.co.uk/money/risky-mongolia-could-revive-this-hard-hit-investment-trust/a651347

[russman] 18/11/2016 12:55

Yes. But can OPP liquidate it at a reasonable price. It is a fire sale.

[zcaprd7] 17/11/2016 07:58

Indeed. Celadon should be healthier, coking coal price is at a 5 year high :http://mobile.abc.net.au/news/2016-11-17/coking-coal-price-reaches-five-year-high/8030898?pfmredir=sm

[russman] 15/11/2016 10:18

OPP stake in Kincora was $2m @ 30/6/16.
Celadon & China Rice need to perk up.

[zcaprd7] 15/11/2016 00:20

Nav was about 12p a share before any recent rises in the portfolio...

[iankn73] 14/11/2016 23:53

I have been buying very small quantities of this stock as a pure gamble based mainly on their Kincora Copper stake as that has blue sky potential on its own if they find another Oyu Tolgoi mine.

Origo are Kincora coppers largest shareholder. I'm not sure how much their total stake is worth. Origos current market cap is approx £6 million.

hxxp://www.miningcapital.com/companies/news/128804/kincora-copper-slashes-debt-after-private-placing-128804.html

This has to be worth a punt that these prices.

[zcaprd7] 14/11/2016 11:32

Kincora copper up 20% today. How big is the opp stake?

[zcaprd7] 11/11/2016 17:43

Trump effect propels copper to its best week in 30 yearshttp://www.telegraph.co.uk/business/2016/11/11/trump-effect-propels-copper-to-its-best-week-in-30-years/?WT.mc_id=tmgliveapp_androidshare_Am311xgcN0Mf

[zcaprd7] 09/11/2016 16:11

I doubt they can afford the hot water...

[russman] 05/11/2016 10:11

A cup of tea.

[zcaprd7] 02/11/2016 09:49

Just the spread opening up, but something brewing perhaps?

[russman] 19/10/2016 13:39

Looks like the Directors will have a whip.

[zcaprd7] 13/10/2016 17:05

Lol. I wish they would ask Brooks. Give them a chance to get some of their legal fees back...

[russman] 13/10/2016 13:31

PAG might as well put in a low ball offer if they agree with the portfolio value.No point asking Brooks.

[zcaprd7] 10/10/2016 13:18

Yes, PAG would make sense I suppose...

[russman] 10/10/2016 13:06

They will run out of cash soon. Suppose one of the big shareholders may give them a loan. Doubt the terms will be kind.

[zcaprd7] 07/10/2016 15:03

Therefore, they can sell an asset and choose not to distribute the money ... But If they do, it's split per the new agreement.

[zcaprd7] 07/10/2016 15:02

It's a "future distribution"... They might not have anything to distribute after costs? But if they do (and they will), it will be over what's left (unless they pay out a special dividend after a larger asset sale perhaps), but unlikely...

[zcaprd7] 07/10/2016 13:35

Anyway, how hard is a loan going to be now?