Trikona Trinity Capital Share Discussion Threads

[bizochio] 23/6/2008 22:33

Extract from Article in Money Observer July 2008.

'Indian Opportunity
There are half a dozen AIM listed property funds investing exclusively in India. The one probably attracting the most attention in the market is Trikona Trinity Capital, which received its listing in April 2006. Results due this month should show profits up from £34million to £65.8million, while net asset value per share is projected to rise to 154p - a 58% rise in just over two years.

India's economic boom is obviously creating opportunities in the property market, but UK investors remain cautious because of the unhappy state of their native sector. The shares languish around the 100p mark and a long way below the net asset value.

However German property fund SachsenFonds has bought into the concept with a £95million investment. Patient private investors might well be rewarded if they follow suit. Broker Numis Securities expect net asset value per share to rise to 165p in the current year.'

[bizochio] 12/6/2008 21:41

Thanks Slap

[slapdash] 11/6/2008 22:06

India is off the boil a bit... but wages there are up a lot and TRC have lots of cash and are going into infrastructure.... so look like good players...

Slap

[bizochio] 11/6/2008 20:02

Are these getting affected by the property crash over here?

Does anyone know what is happening to the property market in India by comparison?

[johnsoho] 06/6/2008 21:07

Some very large buys today including one of 250000 at the end of the trading day....so glad I bought a few more on the recent current weakness

[badtime] 03/6/2008 08:42

contiunued weakness a tad disappointing

[badtime] 30/5/2008 09:38

all gone a bit quiet here

[eddie murphy2] 15/5/2008 10:23

Quite perplexing really!

[badtime] 15/5/2008 10:07

hmm..off a tad

[slapdash] 12/5/2008 17:48

I think they have to report and get board approval if it is a related party transaction...

I doubt they could get away with it otherwise... but some of the other Indian listed property companies do seem to have an issue with this.. i.e. Hirco and the family controlling it and Unitech corporate parks.. and the Unitech group

but as I recall TRC is really unrelated to any group and so should not have this conflict of interest

slap

[rbcrbc] 12/5/2008 17:46

Just wondering if the too groups are totally arms length. I'm a natural cynic.

Just want to make sure we are getting the best deal, not the german group or our management company.

[slapdash] 12/5/2008 12:43

RBCRBC - not sure what the issue is?? They have sold some assets to a german group proving up their NAV value... and then they have invested jointly with the German group in New assest... appears positive so I'm not sure where a negative spin could be put on it????

Slap

[rbcrbc] 12/5/2008 08:44

To be honest, I'm not really too sure what is happening with this new deal, and is it really good for us.

Can anyone put it in plain english ?

I'm usually good at sussing out what is going on, and get very worried when I cant.

[slapdash] 12/5/2008 08:20

looking good... with this realisation of assets... cash rich company....

NAV of 200p not too far away...

Slap

[slapdash] 09/5/2008 19:30

carousel have increased their stake... slap

[malinkie] 09/5/2008 10:17

Big sells at the end of the day also, and little happening today. Anyone with any news?

[bdawes] 08/5/2008 13:29

Big buys coming in, something is happening!

[slapdash] 29/4/2008 16:00

we overshot and moved up quickly so we move down afterwards... simple...

nothing moves up in a straight line... higher highs and higher lows hopefully...

looks like a decent outfit but will have to wait for results..

Slap

Obviously one concern form recent trading update is this... but momentum in Indian Market will continue in the long-term:

The two-year run of developer-centric pricing for residential projects has come
to an end with the recent price easing favouring the consumer.

[eddie murphy2] 28/4/2008 23:14

Have the last days constituted a tree shake? Am staying in TRC. There is no bad news and no obvious reason for the drop in share price

[slapdash] 28/4/2008 17:23

is a typical reaction to such a rapid ascent... could go to 100p again... but long-term projectory should be upwards.... results in June I think...

Slap

[bdawes] 28/4/2008 16:56

4 million bought at end of play, volume average 1 million if you sell this you may be sorry!

[diggulden] 27/4/2008 18:47

The share price took a breather on Thursday and Friday, onwards on upwards as this pushes towards the 150p mark.

[eddie murphy2] 27/4/2008 11:28

Nope - CR you were right. A move back up in the share price on Monday?

[eddie murphy2] 24/4/2008 15:07

Had that down as a sell.. Bit of profit taking I dare say.