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TRC Trinity Capital

0.725
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Trinity Capital TRC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.725 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.725
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Trikona Trinity Capital TRC Dividends History

No dividends issued between 30 Apr 2014 and 30 Apr 2024

Top Dividend Posts

Top Posts
Posted at 27/7/2017 12:42 by cockerhoop
It does seem though that TRC were willing sellers at a level above 21% but probably well below 70% from the narrative of the interims.

'Over a year ago, a sale of the CCPS to a potential buyer was negotiated at a discount to face value that reflected various risks, including potential issues in enforcing TC-10's rights in India. Although sales documentation has been agreed between TC-10 and the buyer, financing has yet to materialise. Consequently, TCML is seeking alternative buyers of the CCPS while evaluating its legal rights. The carrying value of the investment in MK Malls is based upon the negotiated sale price, adjusted to reflect the possible delays and risks in completing the transaction.'
Posted at 27/7/2017 12:30 by flyfisher
No, it has been in place for a couple of years.

Also of note is that dynamix hold their ROCCPS at 70% of cost, whereas TRC hold their CCPS at 21% of cost. And dynamix declare their stake to be fully recoverable.
Posted at 27/7/2017 12:02 by cockerhoop
Interesting - is the loan a new development? TRC previously reported a buyer for TC10 but with no funding. Potential squaring of the circle?
Posted at 27/7/2017 11:36 by flyfisher
Looking at the accounts of dynamix balwas, the developer of the DB BKC project in which TRC is jointly invested through TC10.
I note that Dynamix have pledged their holding in the DB BKC project for a loan to the value of £9m, which is not drawn, so they have the facility to buy in the CCPS if they so wish.

Perhaps the legal action is a tool to speed them up?
Posted at 18/7/2017 17:22 by flyfisher
The original co investor with TRC in the mk malls project is in realization mode and is selling funds. Blackstone being the proposed purchaser.

''The latest moves by Blackstone, the most influential real estate investor globally, carries the potential to trigger secondaries market for real estate investments that are stuck.''

hxxp://timesofindia.indiatimes.com/business/india-business/blackstone-bids-for-ilfs-realty-fund-assets/articleshow/59585762.cms
Posted at 18/7/2017 09:54 by cockerhoop
I think Lars Bader is up to 19% flyfisher
Posted at 30/12/2016 11:33 by papy02
Any idea what the TRC current book value for tc10 or any of its holdings are?
Posted at 29/12/2016 13:38 by alexios1201
12% stake is the only thing what is left for TRCSo ~£1M
Posted at 29/12/2016 13:34 by alexios1201
Here you go, TCML(TRC sub) retains 12% TC10, therefore it is valued at £1M
Posted at 29/12/2016 10:14 by cockerhoop
No, it's the CCPS (TRC own 100%) which have a face value at £11.8m compounding at 20% per year.

The offer they received (but is not financed!) is though lower than face value.

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