Ft Tre Discussion Threads

[manrobert] 30/6/2011 09:49

yeah good to see some steady buying this morning at the lower levels.i have had a few recent phone conversations with the advisors to the company and he assures me there is nothing untoward going on.i think there may be a company meeting later today and i suggested a positive statement would reassure the markets so lets wait and see what happens.

[iomhere] 30/6/2011 09:34

jezza
'Volume very much higher than normal from what I can see here' refers to the number of shares normally traded and not to the total issued. As for the legendary 'tree shake'. If I could have a grand for the number of times I've read those two words I wouldn't be posting on these boards.
Nobody is saying the prices being paid are justified because it's more probable that a few small investors with unbalanced portfolios are running to the exit and nobody feels they know enough about the situation to risk taking the shares on offer up. If you feel different then you have a chance to back your judgement but to do so also needs courage.

[papy02] 29/6/2011 22:51

my guess re IOMA:

from the "About" page of TRE website re Neil Eckhart:

Neil is on the Board of the Isle of Man Assurance Company

[manrobert] 29/6/2011 22:46

there are no 8.3 notices of institutions holdig over 1% selling stock,

[jezza123] 29/6/2011 22:08

manrobert - what makes you think that the institutions are on board - the price is plummeting.... and I if someone does call the company secretary can you ask them why their e-mail address on their web-site goes to a Cynthia Roberts at imoagroup???

[manrobert] 29/6/2011 21:49

one would think the institutions on board will have spoken to the company and been reassured/seeing as there are no heavy sales from them.maybe a phone call to co secretary.?

[jezza123] 29/6/2011 21:20

"higher than normal????"

172K shares traded today, 250million shares on issue - and this volume was sufficient for a more than 10% fall.... come on mate pull the other one. there's something very dodgy going on here - either someone is dumping and we aren't getting the full picture, or this is a major tree shake. It all looks very fishy to me.

I sent an e-mail to to the e-mail address that they post on the TRE investors relations webpage ([e-mail])- and I got an e-mail bounce back from a Cynthia Edwards ?? saying they were out of the office and to contact someone else - the weird thing was (a) WTF is Cynthia Edwards and (b) the e-mail address was iomagroup.co.im -

can ANYONE tell me WTF iomagroup are??? if you don't believe what I am saying then send an e-mail yourself. If I was in heavy here I would be serious concerned right now.

[manrobert] 29/6/2011 20:20

thats as i see it too so price fall makes no sense unless heaven forbid someone has had their fingers in the till.the institutional holders appear to be still largely on board.

[iomhere] 29/6/2011 19:18

jezza
Volume very much higher than normal from what I can see here. I make the asset value excluding carbon credits as an optimistic 92p but have a look into it yourself.

[jezza123] 29/6/2011 15:21

carbon credits prices are crashing - anyone know the degree to which the current portfolio is vulnerable to a spot price crash - or has much of the price been locked in? this is starting to look like the management have missed the boat big time...

[jezza123] 29/6/2011 12:44

wow - this is getting pasted on volumes of nearly nothing....

[wormcatcher] 29/6/2011 10:19

What can I say......very disappointing, but still hanging on in to see where this goes.

[norbert colon] 22/6/2011 17:20

doesn't seem to want to hold below 90p does it......

[norbert colon] 21/6/2011 19:02

This price action is fantastic....hopefully the price will drop to around 50p then its the bigger no brainer of all time. Very high volume selling though.....

[jezza123] 16/6/2011 19:18

volume today was pathetic - and yet share price plunged more than 10% at one point... looks dodgy if you ask me

[norbert colon] 16/6/2011 19:04

Am already a holder but given latest RNS and momentum of general market fall i can see an opportunity here to add to my holding as 55% of the 91p market price is already in the bag with the 50p distribution. Don't mind a longer wait. Lets see what tomorrow brings but at sub 90p these are tempting.

[manrobert] 16/6/2011 16:27

at least hambro have upped their stake by 73k.maybe they are one of the few that can see the light. i still hope that we will get around 130 if we are patient.

[aspringo] 16/6/2011 15:48

man, totally agree, wish i understood the problem as i would love to buy more, time to give up share ownership, beyond me.

[manrobert] 16/6/2011 14:39

this price action seems to defy logic.the current price would appear to be fully supported by cash and sale of carbon credits.maybe a bidder will see this and realise the asset and make a good turn.we must just hope that company is looking after best interets of shareholders as it has stated.

[iomhere] 15/6/2011 12:47

jezza123
Don't know much about TRE but it depends on how much of the cash is committed - ie promised as future injections to currently held pe companies.

[jezza123] 15/6/2011 12:23

I don't understand this at all - PIs can expect a 50p dividend when the credits are sold, the company has about 40p in cash - so current price suggests the PE portfolio is worth 8p?? Am I missing something here? Anyone?

[stemis] 15/6/2011 10:52

Looking from the outside it doesn't seem a particularly encouraging update. A piecemeal realisation of the PE interests is bound to take longer and be more expensive. The 50p distribution might be a minimum but its not an attractive minimum compared to the NAV in the interims.

[edwardt] 15/6/2011 10:43

liberum downgrade to hold!

[papy02] 15/6/2011 10:19

What's with the price action ?!
(just nearly doubled my holding at 99.9p)