Origo Partners Share Discussion Threads

[zcaprd7] 31/3/2017 16:11

I'm sure we're due an update here. I have a note in my calendar to buy more...

[zcaprd7] 06/3/2017 14:03

Still tickling up...

[russman] 03/3/2017 12:00

May have to wait until the end of March for news.

[zcaprd7] 02/3/2017 15:41

This is handy :http://samueljesse.com/origoplc/category/portfolio/Although DON'T click on the china rice website that's given lol

[zcaprd7] 21/2/2017 17:55

No, they use chi (?), bu (?), and li (?)...

[russman] 20/2/2017 11:39

Have OPP not gone metric yet.

[zcaprd7] 17/2/2017 08:38

Seems to be inching up?

[iankn73] 09/2/2017 17:00

Thanks Russman.

[russman] 09/2/2017 10:47

There was one on 26th Feb last year.
But who knows.

[iankn73] 07/2/2017 16:24

Does anyone know when to expect a trading update.

[russman] 07/2/2017 11:26

Well I think an update is overdue.Just so we know where we stand or fall.

[zcaprd7] 06/2/2017 15:59

Depends how much cash is left I suppose, I take you don't think much more than $15m then?

[russman] 06/2/2017 14:16

The zdps have to be paid out in cash.The ords dont.

[zcaprd7] 03/2/2017 17:57

Don't know?

[russman] 03/2/2017 12:53

Say our calc is broadly correct.Why are the zdps trading at circa the $12m first liquidation payment?

[russman] 02/2/2017 12:24

According to your calc an ord nav is 11c.

[zcaprd7] 01/2/2017 23:17

So new nav is around 12-13p a share ...

[zcaprd7] 01/2/2017 23:17

Does it matter? The aggregate amount is reset to $60m. So, $40 million odd for the ordinarys... The implementation of the Proposals will have a number of NAV accretive impacts. It will reset the aggregate accreted principal amount of the CZDPs (now renamed 'redeemable preference shares' following implementation of the Proposals) to approximately US$60 million and freeze accruals in respect of the redeemable preference shares until January 1, 2018

[russman] 01/2/2017 12:59

How many zdps are outstanding?

[zcaprd7] 01/2/2017 01:02

Similarly, although Origo's net asset value fell by approximately US$4 million to US$26.5 million during the Period, US$3.1 million of this movement related to the continued accrued rate of return relating to the CZDPs from US$69.4 million to US$72.5 million. Following receipt of shareholder approval for the Proposals described above, the accrued value of the redeemable preference shares has been reset, with a corresponding increase in the Company's net asset value which will be recognised in the results for the year ending 31 December 2016.So the actual nav is more like $30m, or about 10p a share?

[russman] 31/1/2017 22:01

Phone anyone.How many zdps are outstanding?

[zcaprd7] 31/1/2017 13:37

You can't use the latest net asset value, because it contains the zdp repayment per the old rules, use just the total assets figure, which is over $100m...

[russman] 31/1/2017 12:08

I disagree.Say the last nav was $30m.30/360 ords.You agree a liquidation with zdps.You calc an ord is 20p.Try again.

[zcaprd7] 31/1/2017 11:03

So about 20p a share for the ordinarys, at the old nav...