XXI Century Share Discussion Threads

[envirovision] 28/9/2011 13:07

Results out CuFeS2. NAV has increased yoy. It should be pretty simples for you to work out the NAV now.

Are your surprised now ?

[cufes2] 26/9/2011 14:02

Again, I suggest you look at the NAV in the last results if you still think XXIC is worth anything near 45p . . .

[pre] 26/9/2011 13:30

fallen too far now on no news....should move up quickly from here...load up here as patience will be rewarded imo:-))

[cufes2] 26/9/2011 13:07

Why would XXIC be a 10 bagger . . . have a look at the NAV in the last results and the number of shares in issue now . . .

[pre] 26/9/2011 13:00

way oversold now....10 bagger possible here?

[cufes2] 16/8/2011 10:11

You do know the number of shares in issue is 446.58m and so the market cap is actually c £32m ( ) and not £2.73m as shown on ADVFN don't you . . .

[jojo_jo] 16/8/2011 00:28

Did some research on this a couple of months ago, when it was around 8p and rated it a 5-bagger (short term) then, and perhaps a 10-bagger longer term. Not holding, but will try and get in when free funds are available.
Like the future growth prospects a lot.
Stupid Mkt.Cap!
All IMHO SO dyor.

[cufes2] 04/8/2011 16:57

Oh dear, you're beginning to look rather silly now IMHO . . . you might want to consider revising your NAV per share calc of 84p . . .

[cufes2] 04/8/2011 16:02

It's worth noting the ADVFN financials are out of date here . . . the number of shares in issue is 446.58m according to TDW . . . the increase is due to the restructuring announced during Dec 2010 / Jan 2011 . . . the market cap is therefore currently
c £33m . . . and the NAV per share is potentially well below the figures some posters have been suggesting IMHO . . .

moreforus - 13 Jul'11 - 10:50 - 707 of 716


51 mill usd 30 mill gbp vs 2 mill market cap?

moreforus - 13 Jul'11 - 11:04 - 708 of 716


7p price vs 84p net asset value...

TOPINFO - 3 Aug'11 - 15:14 - 131467 of 131952


M4 NAV works out to me at 58pish I think I got calcs too, check if you can .

[moreforus] 03/8/2011 13:34

In summary, important and immediate benefits arise from this transaction, namely:

-- The elimination of US$32.7 million of senior secured term loans at a discount of US$12.1 million, or 37.0%, together with attendant carrying costs;

-- The transaction effectively deleverages the Company's business and balance sheet. As a result, the directors expect there to be improvements in liquidity and the general working capital position since the net operating income from Kvadrat Lukaynivka was insufficient to service the term loans; and

-- By removing the pledge as described above, the Company has eliminated the high risk of losing 4 attractive sites in Kyiv, Sevastopol and Lviv, all of which are earmarked for developing shopping centers.

[topinfo] 03/8/2011 13:33

Me in M4 great news!

[moreforus] 03/8/2011 13:31

READ THE RNS

[topinfo] 13/7/2011 11:23

Look at that for just 10k shares

Buy
Quantity 10,000 Shares
Symbol XXIC
Firm Price £0.082
Quote Time 13/07/11 11:22:39
Total £833.05
Settlement Date 18/07/11
Settlement Period T+3
Market Currency GBP Sterling
Settlement Currency GBP Sterling

[moreforus] 13/7/2011 11:15

2 vs 1

hard to buy now...

[topinfo] 13/7/2011 11:15

Count me in for some. Had EEE this and reckon you could be right M4 about this being next mate!

[moreforus] 13/7/2011 11:04

7p price vs 84p net asset value...

[moreforus] 13/7/2011 10:50

51 mill usd 30 mill gbp vs 2 mill market cap?

[andrbea] 13/7/2011 10:38

under portfolio valuation (rns 1.7.2011):

The Group's real estate portfolio was appraised by CB Richard Ellis. As at 31 December 2010 the value of the Group's share of properties in its portfolio stood at USD 393 million compared to USD 424 million at the previous year end. Net Asset Value, excluding minorities, was USD 51 million compared to USD 116 million as at 31 December 2009. The substantial decrease in NAV over the last few years reflects several factors: (a) the collapse of the property market in the Ukraine; (b) the heavy carrying cost of the USD 175 million Guaranteed Secured Notes, which at restructuring reached USD 222 million; and (c) disposals which the Group was obliged to make in order to remain viable.
The Board and Management believe that the Ukrainian real estate market and property values have since started to recover in line with the modest growth evident in the Ukrainian economy. The recovery in the real estate market is most evident in the retail and residential segments and it is underpinned by growth in
household spending and an increased propensity in bank lending to creditworthy individual and corporate clients.

The Directors believe that the general outlook for the Ukrainian real estate market is reasonablly favourable across the real estate spectrum. Indeed, as economic growth accelerates, property values are expected to improve and this should be reflected in the Group's portfolio valuations..

[andrbea] 02/6/2011 14:00

saw this is blue today

old news

[moreforus] 28/2/2011 16:09

comedy - someones buying ..500k is not a randomn punt..that over 40k gbp...on an illiquid small cap...

i think buyers will accumulate around here with a view to recovery over 2011....

[comedy] 28/2/2011 16:05

welll looks like second attempt to kick off?

[moreforus] 28/2/2011 15:51

500k buy at 8.5p...