Sovereign Share Discussion Threads

[soulsauce] 26/10/2016 08:36

You're welcome SS, getting more exciting now.

[squiresquire] 26/10/2016 08:35

This looks like a smart move by Giles Clarke, he has definitely seen something of a lot of value here, a possible resource of 6 million oz of gold at Mandiana alone. Not long to find out now.

[squiresquire] 26/10/2016 08:33

Nice one SS, i have taken the liberty of pasting this from the article,

Global Prime Partners, the boutique prime broker, is expanding into the Asian markets with the appointment of hedge fund industry veteran Rupert Street as COO in Hong Kong.

Street previously managed a hedge fund called Ptarmigan SA and has more than 20 years experience in financial services.

Several prime brokers including Barclays, Credit Suisse, J.P. Morgan and Newedge have made a series of hires as they seek to boost their presence in Asia-Pacific (APAC).

APAC is home to a number of smaller hedge fund managers, many of whom will struggle to get noticed at a bulge bracket prime broker. Global Prime Partners, which prides itself on working with smaller, sub-$50 million hedge funds, hopes to tap into this space.

“Asia is under-represented in prime brokerage servicing in the small to mid-cap private wealth and hedge fund sector. We see ourselves as a seeding ground for the hedge funds of the future who will grow up and either stick with us or advance into the tier one world,” said Street.

APAC excited service providers and investors in 2010 when its managers delivered outstanding returns relative to developed markets. Nonetheless, the region’s volatility was exposed in 2011, with hedge funds delivering losses of 17.21% in 2011, according to data from Hedge Fund Research.

[soulsauce] 26/10/2016 08:16

Some good stuff here on Rupert:-

[an1mal] 26/10/2016 08:16

Souksauce I suspect Chinese investment.

[an1mal] 26/10/2016 08:15

MMs will pay above ask on dummy sale. Pesky MMs.

[soulsauce] 26/10/2016 08:12

Moving up now, nice.

Seems very Asia centric does Mr Street so may be something happening there?

[effiert] 26/10/2016 08:07

Georgia from this TINY market cap i see this going up massivly!

[mr roper] 26/10/2016 08:06

either way, logic says that with the CEO in place, things are now on the verge of moving up a gear.

[an1mal] 26/10/2016 08:05

Hey presto. Market likes it.

[georgia1972] 26/10/2016 08:01

Creditors voluntary liquidation

[an1mal] 26/10/2016 08:00

If I were a MM I'd shake it a bit then pretend the market likes the new appointment then drop it midday and catch a few on the spike! Mwahh ha haahh...

[effiert] 26/10/2016 08:00

Whats a CVA?

[squiresquire] 26/10/2016 07:59

They are clearly about to start, he will have to be given some brief or other and we shall hear exactly what very soon now. All good stuff. This guy has some very big names behind him in Rupert Fraser Giles Clarke and Jeremy Sparrow, it is an excellent team

[georgia1972] 26/10/2016 07:59

Did you see the last bit on the rnsNew CEO last company he was involved in was put into a cva !

[mr roper] 26/10/2016 07:57

"I look forward to utilizing the skills and network gained during my previous roles "..tells me we might have some Chinese investment...

[mr roper] 26/10/2016 07:55

top notch appointment by the look of it

[an1mal] 26/10/2016 07:54

MMs don't have the shares to play with. Great news. Ducks in a row.

[effiert] 26/10/2016 07:52

take advantage then!

[georgia1972] 26/10/2016 07:48

But the price goes down !!!Pesky mms

[soulsauce] 26/10/2016 07:32

Very interesting news indeed and another very experienced person added to the team. Something big coming here guys and it's just around the corner ;-)

[effiert] 26/10/2016 07:23

New CEO. news seems close

[georgia1972] 26/10/2016 07:16

A New CEO appointedImminent news coming ???Sounds very promising

[paleje] 25/10/2016 16:30

Is there likely to be a placing alongside news, anybody thinking along that line? I don't hold here, yet, but do hold 3 other GC companies, one of which KENV made a particularly steeply discounted placing after the share price had enjoyed a decent rise. Don't get me wrong it will come good, but not pleasant for those lured in on the highs.

Timing as ever.