Share Name Share Symbol Market Type Share ISIN Share Description
Trinity Capital LSE:TRC London Ordinary Share GB00B0ZL5243 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 0.725p 0.00p 0.00p - - - 0 06:39:46
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 0.0 3.0 1.4 0.5 1.53

Trikona Trinity Capital Share Discussion Threads

Showing 1251 to 1273 of 1275 messages
Chat Pages: 51  50  49  48  47  46  45  44  43  42  41  40  Older
DateSubjectAuthorDiscuss
03/11/2017
12:36
Provided they come up with the cash, i get 0.95p as the final value, a little disappointing.
flyfisher
18/10/2017
11:51
NOt exciting news today. I reckon lucky if holders see a final 1p/share. Range of .4-1.2 in my spreadsheet. Lots of variables...
eezymunny
25/9/2017
18:56
That reference was from the original project details for mk malls. This link from an indian business newspaper in 2011 gives a similar project value. hxxp://www.business-standard.com/article/companies/db-realty-in-jv-talks-with-other-firms-111092700096_1.html
flyfisher
25/9/2017
09:38
My take is that there may be interested parties but that they want clarification on the legals. We can only guess. That's a c. £115m project if your numbers are right flyfisher. To me it looks like a bet with c. 90% downside and 200% upside, with no way of calculating the odds. Good fun!
eezymunny
23/9/2017
20:08
RJM, ''The project envisages the development of 848,000 sq.ft and the cost of construction including land will be in the range of INR 12,000 - 12,500 per sq.ft. on 18328 sq m of land diagonally opposite the stock exchange.''
flyfisher
23/9/2017
19:08
My take would be that if it was going well there would be no need to extend. I am interested in this but wary - it is extremely complicated. Any idea what the total value of the tower project is ? How solid are legals behind this ?
rjmahan
22/9/2017
08:29
Auction extended until 20th October, not sure if we can take anything from that?
cockerhoop
08/9/2017
09:01
A little more information emerges in the latest accounts of DB realtors private ltd. The project in which TC10 is involved is DB tower in mumbai, images are on the net. The legal action taken by TC10 in april, was for ''oppressing rights and depriving of information'' and the complaint was upheld. TC10 are now taking legal action for contempt. Late payment is endemic in india, db realty have delayed completion of the purchase agreement for a couple of years and saved circa £1m in interest fees, the auction process now gives them a deadline.
flyfisher
30/8/2017
08:32
The sale particulars on the company website give a mine of information, but it is hard to see what the ultimate value will be.
flyfisher
27/7/2017
11:42
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.'
cockerhoop
27/7/2017
11:30
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.
flyfisher
27/7/2017
11:02
Interesting - is the loan a new development? TRC previously reported a buyer for TC10 but with no funding. Potential squaring of the circle?
cockerhoop
27/7/2017
10:36
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?
flyfisher
27/7/2017
08:07
Great work, flyfisher
cockerhoop
27/7/2017
06:33
An internet search shows that TC10 is taking legal action against DB BKC realtors with atlas law partners.
flyfisher
18/7/2017
16:22
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
flyfisher
18/7/2017
09:38
Thanks, you have a pm.
flyfisher
18/7/2017
08:54
I think Lars Bader is up to 19% flyfisher hTTps://www.investegate.co.uk/trinity-capital--trc-/rns/holding-s--in-company/201612071009121956R/
cockerhoop
18/7/2017
08:40
QVT were reported as having 23.4% and Lars Bader is the portfolio manager at QVT. Lars has a direct holding of 17.2%, so about 40% in total is controlled by him.
flyfisher
03/1/2017
14:39
Cheers guys
alexios1201
01/1/2017
23:31
Hi Papy02, Fairly straightforward in that as of 30th Sept 2016 the 3 investments had a value of £11.2m with TC-1 & TC-5 being sold for £8.7m and the company saying that the sale price was the value used for the half year valuation. Hence TC10 was valued at £11.2m- £8.7m = £2.5m. At 30th Sept there was also net £3m cash to make NAV of £14.2m (6.7p per share). Obviously 5p per share has been since been returned.
cockerhoop
30/12/2016
11:45
I read it as £2.5m
cockerhoop
30/12/2016
11:33
Any idea what the TRC current book value for tc10 or any of its holdings are?
papy02
Chat Pages: 51  50  49  48  47  46  45  44  43  42  41  40  Older
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