Tejoori Share Discussion Threads

[smudgedan] 27/11/2015 21:18

Been a few 100k purchases over the past few weeks/months. one can only guess who this mystery buyer is.

[silkywhite] 26/10/2015 14:58

blog posts

hxxps://deepvalueinvestments.wordpress.com/2015/05/28/tejoori-potential-510-bagger-and-sharia-compliant/

hxxps://deepvalueinvestments.wordpress.com/2015/07/22/tejoori-halved-in-price-so-lets-buy-more/#more-354

[silkywhite] 26/10/2015 14:57

hxxp://netdugout.com/2015/10/global-waste-derived-biogas-market-2015-is-expected-to-reach-10-29-billion-by-2022/

Bekon again mentioned as a key player and TJI have 10% of Bekon. This 10% investment was revalued to $4.5M dollars in the interim results

TJI market cap is £1.1M

[silkywhite] 09/10/2015 14:58

market cap is now £1.1 million versus £17.1 million tangible NAV

[silkywhite] 09/10/2015 14:54

Up again. Someone building a stake.

[silkywhite] 08/10/2015 13:12

Outlook

We expect the company to be more active in the current financial year. The Board will continue to work towards strengthening the Company's investment portfolio and delivering value to shareholders

[smudgedan] 06/10/2015 12:31

Interesting that BEKON are pitching in Dubai

hxxp://www.thenational.ae/uae/dubai-municipality-mulls-increased-landfill-charges

[silkywhite] 05/10/2015 21:50

hedgehog not even writing bekon to nothing would explain the share price here

[silkywhite] 05/10/2015 21:48

We'll see hedgehog.

independent value of bekon shareholding is $4.5M
market cap of TJI is only $1.6M


NAV of TJI is $26.9M!!

[hedgehog 100] 05/10/2015 21:32

silkywhite 5 Oct'15 - 21:03 - 80 of 81 0 0
"I think we are all underestimating the Bekon investment."


Well the 'independent valuer' certainly isn't!!

His valuation as at 30 June 2014 pre-dated the oil price crash though.
Will it be maintained at TJI's December 2015 finals?

If someone has got wind of a valuation write-down then that could help to explain TJI's share price collapse this summer.


"Why the oil price slump could hit UAE property
Lucy Barnard
January 21, 2015 Updated: January 22, 2015 05:16 PM"


"ECONOMYDubai home price decline worsens, research says
7 months ago
URL Twitter
A decline in Dubai residential property prices is steepening as foreign interest dries up, according to new research.
The emirate's yo-yoing real estate market, which collapsed by two-thirds in 2008, recovered strongly after the Arab spring unrest of 2011 drove demand for housing in the region's business haven, writes Simeon Kerr in Dubai ... "

[silkywhite] 05/10/2015 21:05

Bekon are exhibiting all over the place

30.09.2015 09:00
We are exhibiting: Visit us at the 6th Annual Waste Management in UAE (Dubai) from 5th to 6th October 2015
full Article We are exhibiting: Visit us at the 6th Annual Waste Management in UAE (Dubai) from 5th to 6th October 2015

05.08.2015 15:00
We participate in the business trip of Chamber of Industry & Commerce in Belgium from 23th to 25th September 2015.
full Article We participate in the business trip of Chamber of Industry & Commerce in Belgium from 23th to 25th September 2015.

30.07.2015 07:00
We are exhibiting: Visit us at the 23th Waste Congress in Czech Republic (Luhačovice) from 7th to 10th September 2015
full Article

[silkywhite] 05/10/2015 21:03

I think we are all underestimating the Bekon investment. Its wurth 3 times the share price on its own.

This year, the event sees support from many international leading solution and services providers. These include DOWA Ecosystems, Bekon, B & W Volund, CNIM, Ferrostaal, Risal, Blackmore and Sands and CI Agent Solutions. Visiting partners are Waste Management, Al Dhafra Recycling, Neon Avishkar, Doosan, Maaden Aluminium, FCC and Kone Cranes. Local associations such as Middle East Facilities Management Association (MEFMA) and Emirates Green Building Association also supported the event, as well as the Chartered Institute of Water and Environmental Management (CIWEM).

hxxps://www.zawya.com/story/6th_Waste_Management_Middle_East_Forum_Inaugurated_by_Head_of_Waste_Treatment_Dubai_Municipality-ZAWYA20151005132050/

[rjmahan] 05/10/2015 18:37

It isn't a shell but at the price when I posted it might as well have been !

[hedgehog 100] 04/10/2015 16:32

I noted that RJ.

But I am very sceptical of many so-called 'independent valuations', which in many cases are about as convincing as so-called 'Chinese walls'.

Companies often have a vested interest in keeping values artificially high.

The market is saying that the valuation concerned is inflated, and there are people more informed that you or I who are in a position to know.

Regarding your point about Tejoori not being a shell or (potential) RTO: why then did you recently post about it on my RTO-shell thread?!

For AIM purposes, shells are often categorised as investing companies, and TJI is an investment company listed on AIM.

[rjmahan] 03/10/2015 21:57

you may be right hedgehog - still

2014 report states
"On 30 June 2014, the Company instructed an international
real estate valuer to undertake an independent valuation on the Arjan Plots. As at 30 June 2014 the valuer had valued the Arjan Plots at USD 16.5 million, which has resulted in a fair value gain of USD 1,388,280 in the period under review"

[hedgehog 100] 02/10/2015 21:03

RJ,

The majority of that is development land in Dubai, which seems to be being valued at 2007-2008 levels.

In view of the financial crisis, and the collapse in the oil price, it may be just a 'hypothetical' value only.

[rjmahan] 02/10/2015 20:19

This isnt a RTO / cash shell it has assets of $25m

[hedgehog 100] 02/10/2015 20:09

Please note the following thread which may be of interest:

"THE REVERSE TAKEOVERS & SHELLS THREAD (RTO)"

[silkywhite] 02/10/2015 13:06

on the move
+10%

[silkywhite] 29/9/2015 20:37

better
+11%

[rjmahan] 15/9/2015 18:32

No, views on arjan i am more interested in cash and near cash as well as low costs, probably worth more than 0 which it is in the price for...

[silkywhite] 15/9/2015 15:30

rj, Do you have any views on the Arjan project investment in Dubai?

[silkywhite] 15/9/2015 15:29

rjmahan
I've added a link to your site in the header. Good job.

[silkywhite] 15/9/2015 15:27

Ive bought through TDWaterhouse on T+2

[ryan83] 15/9/2015 14:02

out of interest, what providers have you bought TJI on? ie selftrade / Halifax / Barclays / Hargreaves & Lansdown. Also was it a T2 or a straight buy?