Ottoman Fund Share Discussion Threads

[stemis] 13/1/2015 10:56

From what I can see this is now valued at about a 25% premium to NAV. All it has is cash and the loan on the units as Alanya so no real benefit from Turkish economy (other than ensuring loans are paid) unless they are planning to deploy cash. If that was the case why are they returning capital to shareholders....

[john ross ewing] 08/1/2015 21:53

I looked briefly at this as todays biggest faller and saw the headline about fraud.

I am sure its pure coincidence that the company secretary is unfortunately called Maxwell.

LOL!

[praipus] 24/12/2014 11:24

14p cash per share:)

[essential] 24/12/2014 10:55

Bought into these first thing. The lay out looks fantastic and the Turkish market is a big beneficiary of the low oil price ie it is an oil importer so their economy should be one of the winners. Already a 10% gain from buying. We shall see

[praipus] 19/12/2014 16:28

Someone's had their hand in the till

[praipus] 08/5/2014 15:56

More cash:) Such a quiet board:)

[praipus] 07/2/2014 16:23

Anyone got their cash yet?

[praipus] 22/1/2014 08:43

Ottoman Fund Limited (The)
09 January 2014
For Immediate Release
9 January 2014
THE OTTOMAN FUND LIMITED
Ottoman Fund Announces a Return of Capital
The Ottoman Fund Limited is pleased to announce a return of capital of GBP8.58 million, or approximately 6.37 pence per share, payable to shareholders of record as of 24 January 2014. The shares are expected to trade ex-entitlement on 22 January 2014 and the share registrar expects payment to be made on or about 7 February 2014. This return of capital primarily comprises the sale proceeds from the recent sale of Riva land as well as units in the Alanya complex.

[praipus] 16/1/2013 16:43

Turkish New Lira v GBP



Turkey ETF

[praipus] 21/5/2012 18:05

Return of capital

[praipus] 18/4/2012 15:02

"In accordance with the Company's policy, all excess cash will be returned to shareholders. A further announcement will follow."

[praipus] 15/7/2011 15:41

Turkish New Lira v GBP



Euro's v GBP



Turkish New Lira v EUR

[praipus] 25/5/2011 13:45

"Dear Shareholders:

Our net asset value per share as at 28 February 2011 was 80.9 pence"

[praipus] 06/4/2011 12:52

Selftrade 44-45.6p

[praipus] 06/4/2011 12:49

lol....whats wrong with 38-47p

[badtime] 05/4/2011 23:00

real spread re bid/offer

[praipus] 05/4/2011 21:30

"the real spread" lol...well it would be funny if didnt own any.

[badtime] 05/4/2011 19:59

b interesting to c what the real spread is...seems like the alanya assets are problematical....and riva could b over its size..at least it looks as though kaz has been sorted

[badtime] 05/4/2011 19:58

:)

That won't be for a fair number of years yet.

Interesting accounts ....chairman looks on the ball...but the assets dont look str8 4ward

[praipus] 05/4/2011 19:47

Oh no ...not you again!

What is it going to be like when you retire?

I'll have to go to the Motley Fool:)

[badtime] 05/4/2011 19:39

PRAPS..u talking to yaself? :)