Tiger Royalties And Inve... Share Discussion Threads

[maxbubble] 03/8/2007 07:44

I'm sticking with it - you cant two better guys running a company than Bruce & Colin. I find it hard to believe that Colin said a downturn in October in resource stocks

[johndee] 03/8/2007 00:33

I told you this company never really goes anywhere............up a little and then back down again........................

[cyclingnut] 02/8/2007 22:11

Personal Screening plc (Personal Screening) is pleased to announce that its self
test screening kits are now being made available on line through a number of
high profile, well trafficked e-commerce websites. Companies that have recently
added our products to their sites include Tesco, LA Fitness, David Lloyd
Leisure, Fitness First. The range has also been taken by Closer Diet Shop whose
weekly publication is Closer Magazine.

[cyclingnut] 02/8/2007 22:08

Off topic-tell me what you guys think about this one please?

Personal Screening, PSP-could be good as the shares are just off the all time low? Interesting read below.

This former OFEX tiddler is a supplier of self-test medical kits for detecting health and medical conditions such as bowel and prostate disorders, diabetes, high cholesterol, and the menopause. With the help of broker share price Angel and adviser Nabarro Wells, it pulled in £795,000 net at 1p on its journey to AIM's shores. The shares now stand at 1.81p and value it at £2.61 million.

Executive chairman Michael Scorey, whose previous chairmanship of private healthcare business Clinovia saw it sold in 2003 for £45 million and whose last AIM-listed chairmanship, Omnicare, was sold in 1997 to US-owned Allied Healthcare, told me that Personal Screening was a 'bit of a bag of worms' operating in a cut-throat subsector when he arrived in 2004. However, very propitiously for the company (and presumably why it was brought to market) the marketing and distribution of these tests became controlled by European legislation that year and, laughs Scorey, 'in a stroke took away all our competition'.

A unique position...

'We're in a unique position to exploit this market,' brags Scorey. 'A lot of our past competitors, who sold just to hospitals, are coming to us to sell their kits in the retail market.' PS's nine CE-approved kits are sold in pharmacies, on the internet and by mail order. Its last results, for the six months to last June, saw pre-tax losses cut from £563,000 to £52,000. Costs have been cut and new IT systems introduced. 'This means we are able to increase sales volumes with very little associated increases in overheads,' says Scorey 'and this should hopefully be a fairly rapid route to easy profits.'

...in a growing market

This health sub-sector is expanding well, argues Scorey, as it has strong state support and a market in which people are becoming more aware of self-treatments and the benefits of supplements and self-testing products.

Indeed, the Government's recent announcement of a bowel-cancer screening programme for 60-to-70 year olds was a contributory factor in increasing mail order sales. People not in this age bracket – but who still considered themselves at risk – were able to buy their own screening kits, demonstrating the growth of the home health culture.

The UK market for over-the-counter medicines was £2 billion in 2004 and legislative changes to lighten the load on GPs have led to pharmacists being incentivised with higher rates of pay for the services they offer. Significantly for Personal Screening, offering self-test medical kits counts as a service. Making the kits even more alluring is that they are likely to result in repeat business for pharmacists' over-the-counter medicine. Elsewhere, the company has signed a deal with 50 Holland & Barratt health food stores, which are similarly motivated as they sell supplements that alleviate many of the tested complaints.

The placing funds are to be used to beef up PR and marketing efforts, as Scorey sees these as the most effective way to increase visibility with the public.

Looking further ahead, the next stage of growth is in expanding the range of tests, with drug testing being mooted and possibly even a move into pet screening for diabetes in dogs and chlamydia in cats!

[maxbubble] 02/8/2007 19:49

If hes expecting a downturn then they give Strongbow a high price for their shares.

[curt3] 02/8/2007 19:23

cycle. "they seemto love AFE" ?? yeah they have the princely sum of £112,000 invested and static for 2 years !! and with all that cash lying dormant in bank. Some vote of confidence I dont think. Investments outside of AST, NPE, & FRA are measley and somewhat pathetic in size. Cash is king does not wash with me as they are implying that it is difficult to find investment that are going to exceed 5% p a growth. With commodities strong and profitable that is just laughable. So if no better ideas why notjust continue massive share buyback to improve nav ?

[lob_on] 02/8/2007 17:32

suspect they have cashed in ast warrants here and gained 2 million + shares for free. offset by the 3 million they sold 16/7

so they have 5million more ast in total not bad little business there

[skyship] 02/8/2007 14:42

Hi CN or NTV - either of you manage to grapple with the London gridlock so as to make it to the AGM?

[skyship] 01/8/2007 18:19

Well, quite a few people obviously wanted or needed to be liquid so spilled a few TIR ahead of the AGM - especially bizarre in view of the performance of AST today. They traded down to 26.5-28.0p; but rallied to an unchanged 28.0-29.0p at the close. So our NAV holds @ a Gross 8.27p.

Tried to buy some stock cheaper than my 4.08p the other day - but cheapest offer was 4.0925p - so held off for tomorrow.

Look forward to hearing anyone's AGM report; but even if that wily bird Bruce Rowan escaped censure and said nothing, TIR still has to be a great VALUE buy.

[skyship] 31/7/2007 14:27

GOOD LUCK CN - I only wish I was there to support you - hopefully NTV may also get there....

[cyclingnut] 31/7/2007 13:56

skyship,

I may well have to read that out verbatim but I wanna corner these sharks and see what is really going on.

Nice to see ppl piling into this as they anticipate awesome news at the agm!!!

Lol

[skyship] 31/7/2007 13:51

CN - another all encompassing question might be:

"Q. Over the past 3 years during a period of massively increasing commodity prices, soaring share prices and almost historically low interest rates you have been keeping an average of 45% of our net assets in CASH. Over the same period you have only half-heartedly exercised a share buyback scheme intended to reduce the share price discount to Net Asset Value.

Might I recommend a solution to your primary duty of delivering shareholder value. Why not follow the tried and tested tactic of a buyback tender offer. In our case a 1 for 3 buyback @ 6.0p / share would seem to tick all the boxes.

I would like your views on this suggestion please."

[cyclingnut] 31/7/2007 09:14

"Apart from sitting on a wad of cash and having a nice portfolio increasing in value, coupled with a share price that has been in the doldrums for ages, how do you plan to increase share holder value?"

"I notice you sold a tranch of AST shares, where do you plan to invest the money the current booming oil/exploration/energy sector?"

"Is it time to perhaps consider rewarding longsuffering shareholders with some sort of special dividend?"

"Your portfolio seems to rocket but your share price remains on it's knees,how do you feel about this and do you in fact care?"

[skyship] 30/7/2007 14:46

Correct - 3.00pm at The Drayton Suite, Jury's Kensington Hotel, 109-113 Quuensgate, London SW7.

[cyclingnut] 30/7/2007 14:44

yeah,

I think it is at 3pm at some hotel (need to dig out the postit note!!)

[skyship] 30/7/2007 14:04

CN - hold yr cool & hold yr stock; in fact, BUY some more!

On my model AST is now worth 4.07p / share & the Total Gross NAV = 8.41p.

Are you still intending to go to Wednesday's AGM?

[cyclingnut] 30/7/2007 13:24

this is really starting to annoy me.........clearly undervalued based on AST alone!!

[skyship] 27/7/2007 18:39

Hi ALAN - Still can't see how/why I was able to buy @ 4.08p & also someone else was able to buy 100k @ 4.1p just 15mins later. Perhaps just a MM being instructed to liquidate his book in view of the wider Market collapse.

[alanji] 27/7/2007 16:57

Congrats Skyship - the only person to get under 4.1. Agree your nav.

[pugugly] 27/7/2007 11:02

from 'Ireland-Australia transportation database'
16 matches found for 'rowan'

[skyship] 27/7/2007 10:30

Just bt 100k @ 4.08!! So come on CN & NTV, twist their tails @ the AGM next week & that price will look dirt cheap.

Seriously though, it would seem as though a few short-term traders must have followed us in then panicked out on the market fall. Crazy. Still, provides a great opportunity for investors to pick up cheap stock. Bear in mind that the NAV has hardly faltered - it is still a Gross 8.32p by my reckoning.

[cyclingnut] 24/7/2007 13:08

Just looking at the TIR portfolio, PAF is up today, TIR are caning it!!

Tiger purchased 3,333,333 shares for £100,000 and participated in subsequent private placement for a further £75,000 at 4.25p per share in Pan African Resources plc ("Pan African"), a gold exploration company with properties in Africa.

[skyship] 24/7/2007 12:15

Good to see that 200k purchase @ 4.75p this morning.

CN - Great & hopefully NTV is still planning to go too.

As per previous posts, there is a lot to say. Frankly after that rambling & totally irrelevant Chairman's statement, you might like to direct your fire at Colin Bird rather than Bruce Rowan - it's quite possible that BR has rather "lost the plot".

The whole proceedings should major on how to provide both transparency & shareholder value - both sorely lacking at the moment.

Would love to meet you there, but as I live c.700miles South down in SW France, it really is not an option.....