Ottoman Fund Share Discussion Threads

[praipus] 04/2/2011 11:23

Turkish info



News from Turkey in English

[praipus] 04/2/2011 11:19

LBO thanks for adding company URL to the header.

[praipus] 24/1/2011 11:31

Bid offer spread here is very nasty any known reasons why?

[praipus] 20/1/2011 21:15

Fascinating article the economy is doing so well the government is trying to slow foreign investment inflows? And encourage exports and thus inflows of firmer foreign currency?

[praipus] 20/1/2011 15:04

duplicate...doh

[praipus] 20/1/2011 15:04

LBO any chance of adding this to the header?

[praipus] 20/1/2011 14:13

It was about this time last year that they returned some capital to share holders so I just wonder if they might do it again. As you see the drop looks over done if company, property/land values and FX havent done anything particularly nasty since the last interims.

Bought a few so that I wont get hurt too much by a sudden drop (or wipe out) but wont miss out on a positive re-rating or a cash back either:-)

To some extent I like the fact that it should not correlate with the FTSE/S&P500 ect.

[praipus] 20/1/2011 14:01

49% discount seems a bit steep especially when the fund has been giving cash back to share holders from time to time.

Your statement "The quality of the fund is the question." made me wonder:

a) if there is some serious issue that you know about or
b) if there was something obviously wrong that I hadnt noticed.

[praipus] 20/1/2011 13:50

Issues with the "Quality of the fund"

[praipus] 20/1/2011 13:47

Nearly too frightened to ask, but can you give any examples?

[praipus] 20/1/2011 13:19

Jim Rogers (in one of his books Investment Biker or Adventure Capitalist cant remember which) says that Turkey should have been the first country to be part of the EU due to the youth of its population alone.

[praipus] 20/1/2011 13:07

SP 49% discount to NAV seems a bit cheeky for an economy without demographic shift issues.

[praipus] 20/1/2011 11:23

LBO are you still monitoring this thread?

If so please could you add the company URL to the header?

[praipus] 20/1/2011 11:22

Can anyone tell me does Weiss still have a holding here?

[lbo] 27/8/2007 12:32

Overheating sees house price downturn in Europe

[istamato] 05/5/2007 01:34

With expected PER of 4 and Net Asset Value of 120p, for 2008 when its projects mature, shouldn't OTM be trading significantly higher? I bought 3000 shares at 102p but this prolonged inertia puzzles me and I'm wondering whether I'm missing a trick here. Any thoughts?

[lbo] 21/1/2006 15:24

The fund has been set up to provide early stage wholesale financing to developers of new-build residential developments in the major cities and coastal destinations in Turkey. The fund's investment scope will also invlude land purchase and joint venture projects with local and other partners.

Bought and sold for quick 20% profit. This is one to get more information on and watch. Interesting exposure to Turkey and the fact that the Turkish Lira has not depreciated as fast as was expected leading up to Turkey joining the EU.











IPO 28-12-2005