Tiger Royalties And Inve... Share Discussion Threads

[tiltonboy] 14/1/2011 13:58

K,

I have also started to offload my somewhat smaller holding. I sold 100K on Wednesday at 3p, and sold another 100K at 3.25p this lunchtime. I've also got quite a few more to do, but happy to let them run, and will sell into strength(hopefully).

[kombimatec] 14/1/2011 13:49

I've still got alot more, lets hope EK doesn't have to wait 5 years to make 15% as I have done. Just look at what I was saying back in June 2005 when I established the thread 'Money for nothing and the assets for free'. Hopefully EK has been given the nod about a change that will bring a real return.

[cityfarmer] 14/1/2011 13:18

Now EK has this Tiger by the tail hope he can make it jump although may need to get a bird by the balls first.......

[traderabc] 14/1/2011 13:15

I've owned this toothless tiger for several Christmases, looking to give it a new home very soon, will anyone give me 4p for it?

[cityfarmer] 14/1/2011 13:12

Yes EK just noted that he has bought 1m @ 3p so atleast you know yours have gone to a good home... remember that a Tiger is not just for Christmas

[kombimatec] 14/1/2011 13:06

I've sold 550K this week @3p so there are buyers about.

[cityfarmer] 14/1/2011 12:56

Looks like EK has been shopping.......

[topinfo] 14/1/2011 12:21

When you actually look at this TIR it does look absolutely great actually, have you seen its investments it has. On 31st Dec 2010 NAV was 4.8p but alot has risen like AFE since then. Could be a penny or two to be had here.

NAV Update
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TIDMTIR

RNS Number : 1124Z

Tiger Resource Finance PLC

07 January 2011

Tiger Resource Finance plc ('Tiger' or 'the Company')

NAV Update

The unaudited portfolio value (PV) (based on investments and cash only) at 31 December 2010 was 4.68p per ordinary share.

Investments held by the Company as at 31/12/10


Number of Share price Valuation
Name shares GBP GBP
---------------------------- ---------- ------------ ----------
African Eagle Resources
Plc 1,241,174 0.1200 148,941
---------------------------- ---------- ------------ ----------
Aquarius Platinum Ltd 18,182 3.5200 64,001
---------------------------- ---------- ------------ ----------
Ascent Resources Plc 9,642,857 0.0913 880,393
---------------------------- ---------- ------------ ----------
ETFS Physical Platinum 2,250 111.12 250,020
---------------------------- ---------- ------------ ----------
Franconia Minerals Corp 475,733 0.5496 261,463
---------------------------- ---------- ------------ ----------
In-Solve Plc 625,000 0.0550 34,375
---------------------------- ---------- ------------ ----------
Minmet Plc 873,574 0.0100 8,736
---------------------------- ---------- ------------ ----------
Nautical Petroleum Plc 150,000 3.9600 594,000
---------------------------- ---------- ------------ ----------
Northern Petroleum Plc 294,118 1.0900 320,589
---------------------------- ---------- ------------ ----------
Pacific North West Capital
Corp 566,500 0.0808 45,773
---------------------------- ---------- ------------ ----------
Sovereign Mines of Africa
Plc 2,000,000 0.1075 215,000
---------------------------- ---------- ------------ ----------
Sunrise Resources Plc 665,000 0.0598 39,767
---------------------------- ---------- ------------ ----------
Tertiary Minerals Plc 1,330,000 0.0725 96,425
---------------------------- ---------- ------------ ----------
U3O8 Holdings Plc 4,166,666 0.0100 41,667
---------------------------- ---------- ------------ ----------
Vatukoula Gold Mines Plc 266,667 2.0100 536,001
---------------------------- ---------- ------------ ----------
Total Investments 3,537,151
---------------------------- ---------- ------------ ----------


Notes:

1) Vatukoula Gold Mines Plc ("Vatukoula") consolidated its ordinary shares with 1 new share issued for 50 previously held ordinary shares resulting in Tiger holding 266,667 Vatukoula shares at 31 December 2010.

2) The investments held by the Company performed well with investments (excluding cash) reflecting an increase of 44% in the quarter ended 31 December 2010.

3) All future reporting will be made on a quarterly basis and accordingly the next announcement will disclose the PV per share and investments as at 31 March 2011. The Company will disclose its investments on a quarterly basis when disclosing its PV.

For further information please contact:

[witteklip] 13/1/2011 14:44

... And they get a generous payment of pocket money until they decide its time to cash in.

[witteklip] 13/1/2011 14:42

traderabc - 13 Jan'11 - 14:22 - 56 "They have betrayed their shareholders." ;-)

And may continue to do so :-(

I think that this company is probably just a piggy bank for insiders.

[traderabc] 13/1/2011 14:22

I'm inching to sell off this stagnant stock, 4p would be nice, 3.5 will do. They are meant to like commodities and PMs, then why isn't that depreciating cash not held as physical metals? The only reason anyone bought this is because we didn't like cash, we liked commodities and metal. They have betrayed their shareholders.

[curt3] 13/1/2011 14:14

year after year after year... share price at 50% discount to nav .. WHY?? Because directors dont give a stuff what the market thinks of them or what minority shareholders think. They dont even ses it as important to just occassionaly update the website. It would be hilarious if it was'nt so pathetic . They cant even tell us what the cash pile is doing !! Like, is it even earing interest ?? Dont wake them up. I think they have their heads stuck up a dead bears bum.

[fairman] 12/1/2011 20:15

Nominated for 2 categories this year:
World's laziest Directors
World's most overpaid

Not a single change to investments
1 share split to deal with on the spreadsheet (divide quantity by 50)

how much shall we take in fees for that?

[topvest] 11/1/2011 21:24

We need BR to make some good investments then. He has been fairly quiet over the last few years and not underwritten many new investments at all. Either he is biding his time or taking it a bit easier. After all the old master is knocking on a bit these days!

I was hopeful that CB would use this as a shell for a bigger transaction, but I'm not sure BR wants to "bet the house" on one big deal, so I'm not sure this will happen.

[maxbubble] 11/1/2011 20:52

i think this could be a big year - i think we will be nearer 20p by end of year imo.

[topvest] 11/1/2011 20:32

Well, at least they haven't lost us money. I bought at 1p in 2002 and they are now 3p with net assets of c5p. I agree that inactivity is very frustrating, but you can't really knock Bruce's record here over a decade or so.

[witteklip] 11/1/2011 13:32

Kombimatec - 11 Jan'11 - 11:31 - 47 of 49

"It would be nice if they followed POLO's example and return the cash to the shareholders"

Yes, with a note of apology and resignations attached.

[witteklip] 11/1/2011 13:30

maxbubble: Probably has warrants or options gratis. Shareholders are so used to being kept in the dark and shafted what else could we expect?

[maxbubble] 11/1/2011 11:53

Bird doesnt have to many shares in this company does he? Its time he started buying some surely.

[kombimatec] 11/1/2011 11:31

It would be nice if they followed POLO's example and return the cash to the shareholders if they have nothing better to do with the funds. Since the junior stocks have all risen nicely over the past 3 months it is unlikely there are any good opportunities for the Tiger as they have been keener for investing in a 10 bagger rather than just a small gain. Can you have a word SK?

[cityfarmer] 11/1/2011 11:14

Hi Simon,

What do you think? clearly a lot rides on what TIR plan on doing with all the cash although sure there is a Birdy you can ask about that. If they were to do an Ascot type deal like RRR then we should be off to the races and feel sure they must have something similar planned? other wise they are being paid very well for managing a Building Society account....

Would be interested in your thoughts...

[maxbubble] 11/1/2011 09:13

Simon, typical lazy accountant getting everyone else to run the numbers and you just sign it off...lol

[cityfarmer] 11/1/2011 08:28

Morning EK,

As above I view as buying for cash value and portfolio in for free. You can pick up for 3.09p (my 40k this morning) at the mo' although I have struggled to buy in any volume over recent weeks.

[ntv] 11/1/2011 08:12

sc
nett cash exceeds mkt cap
shares in other companies in for nothing
see header for portfolio list and updating nav on google spread sheet
thanx to fordtin

[snape] 11/1/2011 07:40

Hi Simon,

It's set out in the link at the bottom of the top post in this thread.

Thinking of returning to the fold?