Tiger Royalties And Inve... Share Discussion Threads

[witteklip] 28/10/2010 18:12

Curt3 - I suspect that the only thing that will get their attention is a court summons or an embarrassing and inconvenient mass protest of shareholders. Anytime a group of shareholders wants to get together to force an EGM or an make an assertive visit en masse let me know because I am interested.

The people who 'run' this company have no regard for their small shareholders. When I tried to get a copy of the share register via the registrar - the company blocked my efforts (did not follow up) and I got nowhere. So, if they cannot even be bothered with standard compliance they're unlikely to be bothered with other requests.

[curt3] 28/10/2010 15:56

The Tiger website is an ABSOLUTE DISGRACE !! In its portfolio details it states today that it holds 450,000 shares in Nautical Pet. The correct holding is in fact 150,000 !! I have emailed Mr Samatani on several occasions to complain about the complete lack of effort in updating the website but have not even received an acknowledgement. I have also spoken to Mr Rowan about it but to no avail. I would appreciate if other shareholders would contact these persons to express our concern at the cavalier attitude to "managing" the companys image.

[giant steps] 22/10/2010 10:59

Tiger Resource (TIR) - Current prices bid 2p offer 2.35p

Estimated (22/10/10) NAV 4.18p , Cash 2.67p, Investments 1.51p

Doesn't get much safer imo, investments of £2.6m come for free
Nice war chest of cash £4.6m, total fund £7.2m

Share buyback or special dividend seems obvious.

[themoneymonster2] 22/10/2010 10:44

Anyone care to breakdown the NAV for me? Cash and investments? Cheers

[curt3] 22/10/2010 10:39

NAV 4p share price 2p !! You cant be serious !! Surely its a no brainer for The Company to buy back its own shares particularly when it cant seem to find anything else to do with its cash pile. Otherwise give us a return of capital so that we can do some investing with OUR OWN FUNDS !!

[giant steps] 19/10/2010 22:33

Minesite Article 19th October 2010



Listed in June @ 5p, now 8p

Tiger holds 2m shares, very nice return so far

[topvest] 09/10/2010 08:56

It is very poor, but at least they haven't lost our money. Even more patience needed. I'm not selling until I get close to NAV for my shares, and we may need a major transaction for that.

[yumyum] 08/10/2010 15:48

I too am a long-term holder. The management should hang their heads in shame.

The web site has been a disgrace for many years. Probably criminally so.

- yum

[curt3] 08/10/2010 10:15

Ecclesiastes Ch.11 v4. " if you wait until the wind and the weather are just right, you will never sow anything and never harvest anything." maybe the directors could mull this over!! a couple of mini transactions per year over the last 2/3 years. Their basis for selling anything seems to bejust to provide enough to cover their management fees. I mean why sell Nautical when it is going from strength to strrenght ?? Like do they really need more cah at bank??

[giant steps] 07/10/2010 21:42

witteklip,

Different story developing with new man at the helm.
Recall 15th Feb 2010


Website has been updated, expect better things to come

[maxbubble] 07/10/2010 20:59

These guys have the rights contacts they will be looking for 10-50 baggers - i.e. NAV 50p->£1 not peanuts

We will be seeking out opportunities
in both sectors in the period ahead.

In essence, our investment policy will be geared towards junior companies with
strong management working across the commodity spectrum in jurisdictions that
offer transparent mining and exploration legislation. We are, in addition,
seeking value investments in major cash producing mining companies. Tiger will
also aim to invest in oil and gas opportunities showing good fundamentals. We
see a quiet second half and will use this time to position ourselves in what
should be a better emerging resource investment environment.

[witteklip] 07/10/2010 20:53

Giant Steps - 7 Oct'10 - 13:58 - 1366 of 1368

"Huge Motivation for Directors to buyback shares for cancellation imo."

Why would directors suddenly start acting in the interest of shareholders?

Surely they will first award themselves huge quantities of undervalued share options, while living off our cash, then, when they own the lot, wander off with the surplus?

[giant steps] 07/10/2010 14:06

Exactly - nice easy option !


edit : like the idea of a special dividend !!

[themoneymonster2] 07/10/2010 14:03

Or give the cash back?

[giant steps] 07/10/2010 13:58

Huge Motivation for Directors to buyback shares for cancellation imo.


Current Tiger Resources Ords 172.57m, NAV 30th Sept 2010 4.09p
Fund £7.05m, Cash £4.6m [2.67p], Investments £2.45m [1.42p]

Say mgt buyback 50% stock, ie 86.285m @ 2.5p, costs £2.15m

Cash pile reduces from £4.6m to £2.45m
Investments at £2.45m
Total Fund at £4.9m

NAV becomes 5.67p (based on ords 86.285m)

[giant steps] 07/10/2010 13:36

No new ones in last few months, but certainly additions in last 12 months

[fairman] 07/10/2010 13:32

Which new ones in last 3 months?

[giant steps] 07/10/2010 13:00

If you look closely you can see the new investments

All the best with your other choices

[fairman] 07/10/2010 12:58

I give up. Sold out today. No new investments in a commodity bull market. And sold out of the best performing one.

[giant steps] 07/10/2010 12:51

Re Nautical

At least they have locked in profits and left some to ride (over £0.5m)

[yumyum] 07/10/2010 12:46

Nautical £3.90 now...and they sold at £2.48. No wonder they get paid 100s of thousands of pounds a year.....er....um....

You could not make this up.

There is a raging commodity bull market out there. Shame these guys just sitting on cash to earn 2% a year....

-yum

[giant steps] 07/10/2010 12:29

Nice to see holdings update, fund £7.05m, Investments £2.45m, Cash £4.6m

Profitable and nice war chest


NAV 30 Sep 2010 4.09p
2.67p cash,
Investments 1.42p come for free (seems very nice leverage)

[snape] 07/10/2010 12:15

We do now.
Sold 300k of them @ 2.88.

[jay083] 07/10/2010 11:47

curt - the problem is we don't really have an idea of changes to holdings during the period.