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Share Name Share Symbol Market Type Share ISIN Share Description
Tiger Resource Plc LSE:TIR London Ordinary Share GB0002308525 ORD 0.1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.225 0.15 0.30 0.225 0.225 0.23 0.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 -0.2 -0.1 - 0

Tiger Resource Share Discussion Threads

Showing 2001 to 2023 of 2175 messages
Chat Pages: 87  86  85  84  83  82  81  80  79  78  77  76  Older
DateSubjectAuthorDiscuss
01/7/2011
14:23
Gentlemen, We have not yet seen the money. Cheering is suspended until then. I shall certainly be looking at the expenses incurred. Simon Cawkwell
simon cawkwell
01/7/2011
14:09
Well done Simon, Was and any others who made it to the AGM. A result. (though I suspect they just read my Posts 173 & 178 & decided...why not!?) Seriously, well done guys - justice and commonsense will win through it would seem.
skyship
01/7/2011
12:39
A reaction - well done - I think I'm too late to buy in MM marked price up already TIDMTIR RNS Number : 5880J Tiger Resource Finance PLC 01 July 2011 Tiger Resource Finance plc Statement re potential return of capital Tiger Resource Finance Plc ("the Company" or "Tiger") announces that its board of directors (the "Board") is currently considering a return of capital to shareholders. The Board is of the opinion that market conditions have dictated that the price of the Company's shares do not reflect the underlying value of the Company's investments and cash. In order to align the market value with the net asset value of the Company, the Board is assessing a return of capital to shareholders from Tiger's distributable reserves. A further announcement regarding this proposed transaction will be made in due course.
jlo10
01/7/2011
12:20
Personally speaking I think some small return on capital shows how hopelessly lost the management of this company is. They cannot find any resource stock to invest in! They should wind up the whole company. - yum
yumyum
01/7/2011
12:13
Was, Many thanks. Have a look at WTH when you get chance. A mass of assets, and some IMHO scandalous Director actions. Thanks for getting involved.
tiltonboy
01/7/2011
12:04
tiltonboy, You will get out at a premium to the current share price. I believe, finally, that the Board has got the message. The only thing that remains to determine is the price at which we can exit and there would be no point at all to a shareholder driven buyback unless it is at close to NAV. After that, they can do what they like with the Company. WShak
wshak
01/7/2011
11:56
To all involved in putting pressure on the TIR board, a hearty thanks. Looks like we might get some movement. Just hope it's not a token gesture.
tiltonboy
28/6/2011
11:05
tiltonboy, Keep your BOI - I think you'll do very well. Give me a week with Tiger. WShak
wshak
28/6/2011
11:01
Was, Buy some then!!! Your help is much appreciated, and hopefully you can achieve something. Can you sort out RA at WTH as your next port of call. Another one where IMHO scandalous contempt of shareholders has been shown by director(s). What do I do with my BOI? Bought a few at 27.5p for the conversion.
tiltonboy
28/6/2011
09:59
People may be aware that I've been fighting a campaign against the Bank of Ireland and a major victory has been achieved on behalf of PIBS holders. http://ftalphaville.ft.com/blog/2011/06/28/607206/pensioners-win-their-boi-burdensharing-battle/ I am also on the case at Tiger, even though my investment here is absolute buttons. Watch this space. WShak
wshak
23/6/2011
16:04
I haven't bothered to factor in the token guesture investments in Aurum Mining Plc & New World Oil and Gas Plc, or made any allowances for admin charges during the current period but assuming they've continued the policy of doing as little as possible, I get a current NAV of 3.96p. Considering the incredible admin fees for doing sweet FA I'd put the shell down as a liability valued at a minimum of one year's Director's remuneration. (Looking back at some of the recent posts perhaps bitter FA would be more appropriate)
fordtin
23/6/2011
15:17
fordtin - I think the shell's worth £250 to £450k I was going at the N.A.V stated in the recent annual report which think was at 4.27 p (.0427 x 177,071,939 = £7560971.8 + (say) £400k = just under £8 million)
witteklip
23/6/2011
15:07
witteklip - re "With the value of the shell + N.A.V. I calculate the value of TIR just under £8 million" My calcs put the NAV iro £6.8m which suggests you're attributing about £1.2m to the shell. Is the shell really worth that much considering the lame management?
fordtin
23/6/2011
15:02
witteklip, I wholeheartedly agree. In SK and WShak, I think we have the energy to move things on. I will happily pledge my support to the boys.
tiltonboy
22/6/2011
18:11
Better than a share buyback would be a tender offer for, say, 25% of the equity @ NAV less, say, 20%. That would be an open offer for 43m shares @ c3.35p/share, absorbing a mere £1.5m of the cash balance. The shares would then stand at or about that level in anticipation of another tender. It would provide support to the share price; and of course the resultant NAV/share would also be increased.
skyship
22/6/2011
12:08
The last time I spoke to Mr Rowan he indicated that they would instigate a share buy back program. Was there any mention of this at AGM ??
curt3
21/6/2011
22:05
Simon - a genuine 'Thank You'. Well done. We will see what transpires (more delays and prevarication I suggest) but you said what needed to be said - not withstanding letting the Bird off the hook - though clearly shaken his cage ! Ta !!
kingrolo
21/6/2011
21:54
Gentlemen, I and several other shareholders, notably including Was Shakoor and Professor Mike Johnson (he is associated with Rio Tinto Zinc), attended today's AGM at the Pelham Hotel,SW7. All the directors were present but nobody from the auditors. On the other hand FinnCap, the Nomad, sent a representative. He declined to advise shareholders what, if any, concerns he had. That struck me as pretty pathetic in view of the colossal sum FinnCap costs annually. The meeting passed all the resolutions formally advised in the notice of the AGM. This was hardly surprising in view of Rowan's controlling interest. But the meeting lasted about an hour and three quarters and contained a great deal of forthright opinions. For instance, I declared that Rowan is a lazy old bodger. This is hardly surprising. He is very ill and on his way out. How he has presumed to collect any pay from Tiger in recent times is beyond me. All I can say is that he gave an undertaking to the meeting to waive all pay from Tiger as of 21st June 2011. I think he ought to have backdated this concession to at least 1st January 2011. I also told Messrs Bird and Nolan that they were a disgrace since they should never have allowed this ludicrous misfortune/development to have occurred at the company. Was Shakoor produced a schedule showing that the total costs of this tiny investment company over the last ten years came to about £3m – this on an asset base now of £8m, itself inflated by recent bull markets on resources stocks. Quite why Nolan who has a substantial pay position at Cove Energy is content to leave his name associated with Tiger as it stands is beyond me. Bird is a relatively forthright chap but when he mentioned that the proof of his ability is the money (lots of) he has in his bank account I forebore to ask what he had done about maximising the money in Tiger's bank account. I wish I had not so omitted. So I include it now. All in all, the directors were left in no doubt, including the bookkeeper, Ramdanis, that they are a total shower. I trust that they will go away from today and come up with some solid plans. And, by that, I mean within, say, ten days. Simon Cawkwell
simon cawkwell
21/6/2011
20:45
Many thanks traderabc ! I guess you had to be there to feel their pain and generate any sympathy !! Clearly from my arms distance it appears that both ( especially Bird .... reference the way he took ££££££££££ MILLIONS out of JLP and now appears to be destroying it ... oh of course with the occasional non delivered 'take over rumour' to keep investor interested ... ALLEGEDLY !!) are bent as the proverbial ten bob note ! ) ps WTF does Bird Do ???? We will see - thanks for update - best if they could be forced to liquidate the fund and give the investors ( read OWNERS !) the ££ !
kingrolo
21/6/2011
20:37
Kingrolo as this was the first corporate AGM I've attended, I was waiting for someone more qualified to comment, but to put you out of your suspense, here's what I left with. I think some progress was made today, BR took a 100% pay cut for the next 6 months. The board were not let off lightly and are very aware of the primary complaints against them namely 1 The stagnant cash situation 2 The high operating costs in relation to market cap My feelings have softened somewhat with regard to management, Simon gave them a very hard time, as did another individual, some very frank views were aired, unforgivable as it is I left there feeling a little sorry for BR after the grilling he got! Management had to sweat a little for their money this afternoon. Incompetent they may be but I'm reluctant to believe them to be outright dishonest. There will be some news regarding strategy soon (a week or two)
traderabc
21/6/2011
20:08
Not the best start to news !!! Though I suppose Rowan and cronies control most of the voting rights. RNS Number : 8614I Tiger Resource Finance PLC 21 June 2011 TIGER RESOURCE FINANCE PLC (the "Company") Result of Annual General Meeting The Company is pleased to announce that all resolutions proposed at its Annual General Meeting, held earlier today, were duly passed. For further information please contact: Tiger Resource Finance plc Bruce Rowan, Chairman Tel: +00 44 20 7486 3997 Raju Samtani, Director Tel: +00 44 20 7581 4477 finnCap Tel: +00 44 20 7600 1658 Corporate Finance - Matthew Robinson/ Charlotte Stranner Have to wait for personal updates to find out what went on.
kingrolo
21/6/2011
14:52
HI Skyship - totally agree !!!! Couldn't make the meeting but waiting with baited breath to see 'if' anyone really did stand up to him. This situation is a disgraceful farce and must not be allowed to continue !
kingrolo
21/6/2011
12:08
Good luck all... We all know that the ONLY reason BR is there is to milk the cash fund for an absurd salary and to provide him with expenses and a Central London office. His time is up - and as many people as can get there to the EGM need to make a serious noise about it. He has ripped off shareholders for far too long. Also, as I mentioned earlier - DO tackle the reporting banker, broker, auditor and candlestick maker. They are all on the take and need to be aware that their fee level doesn't justify the risk of being associated with this man for one day longer...
skyship
Chat Pages: 87  86  85  84  83  82  81  80  79  78  77  76  Older
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