SA Property Opps Share Discussion Threads

[tomboyb] 16/4/2018 21:03

Flare capital take 25% stake -

New RNS -

SO :

Micheal Siefried 29%
Flare capital 25%
Lars Ernest 8%

Looks like no delisting here

[tomboyb] 16/4/2018 12:33

Michael Siegfried Meyer buys 29% of SAPO -

Lars Ernest Bader buys 8% of this cash shell and Weiss have sold out -

So some sort of plan here to prevent delisting of the shares -

[guman] 11/4/2018 16:20

yet another buy of 13m @0.3,

[ditchsid] 10/4/2018 21:18

Because they've got all of £650 to burn. Not exactly going to prompt an RNS.

[guman] 10/4/2018 18:31

why would any body buy 86981@.75

[guman] 29/3/2018 10:01

can not sell any on line

[guman] 15/12/2017 14:30

are there any rules for 'winding up' or company is allowed to take as much time as it pleases, this company is not in hurry, shamful

[plasybryn] 01/12/2017 08:35

Still waiting to hear the outcome of "winding up".

[guman] 20/11/2017 10:11

are we likely to get cashback before the end of this year?

[guman] 05/10/2017 17:28

more buy @1.6, why?

[guman] 05/9/2017 15:10

are there any reasons for not announcing date of final cash back ?

[plasybryn] 18/8/2017 07:48

AGM RNS out but no info. What happens next?

[guman] 02/8/2017 16:29

will there be cash back before Sept AGM

[atholl91] 08/6/2017 15:32

Picked up a few today - reckon NAV about 5p before 2p Div.

[bbr391] 16/4/2017 10:14

Could be a bit more upside here yet.
Another BSP with a bit of luck .
At current level strong buy 3.5p

And May

[tiltonboy] 21/2/2017 18:43

Probably have to wait until the final payment is received at the end of June.

[plasybryn] 21/2/2017 18:40

If they get the second payment on 28th Feb., how soon after do we get the next payment please?


"The Company has also concluded contracts to sell its remaining assets, by selling the South African subsidiary companies, for ZAR 60m (£3.46m) to be paid in three instalments:
an initial payment of ZAR 25m (£1.44m) already received,
and further payments of ZAR 11m (£0.63m) on 28 February 2017
and ZAR 24m (£1.38m) on 30 June 2017.
Both of the 2017 payments are secured by a bank guarantee from Investec. The book value of the subsidiary companies as at 30 June 2016 has been reduced to the sale price."

[robizm] 19/1/2017 21:15

Was surprised to see them at 4p today. Thought they paid out all the cash

[praipus] 06/1/2017 16:56

South African Property Opps PLC

06 January 2017

6 January 2017

South African Property Opportunities plc ("SAPRO" or "the Company")

Return of Capital Payment

The Board of South African Property Opportunities plc confirms that a return of capital of 7.25 pence per ordinary share will be paid, representing the cash proceeds available for distribution from the portfolio realisations to date.

Shareholders should take note of the following dates in respect of this return of capital payment:
Ex-dividend date: 19 January 2017
Record date: 20 January 2017
Payment date: 27 January 2017

[praipus] 23/12/2016 19:29

Very very annoying I was out this morning and didnt get back until the market closed.....the difference between a profit and a loss.

[praipus] 23/12/2016 19:27

All sold cash on its way

[praipus] 08/10/2015 09:15

Return of capital :)

[praipus] 14/5/2013 13:01

Lars in for some more:)


Tracking the rest of their holding on the WAM thread

[badtime] 25/3/2013 20:43

Nope.... I was out a while ago..but keep it on my watch list...continued currency weakening is a pain