Previously Crown Corp, CCO. Institutional interest now and the Co has changed it's name for a fresh beginning. Still very speculative, but what isn't? but just a case of investing the huge amount of Cash sitting in a Brazilian bank a/c. There's no real difference here to an emerging markets investment fund apart from the obvious and very attractive discount to NAV of approx 75% !!!!!

cannot get LGB on though

these 500k are buy orders being filled

a.d.v.f.n has lost the ticker for LGB

P.S ADVFN has gone again !

You would expect this to generate tips from multiple publications over the coming days / weeks

Katsy

Will have a look at IEC ,DOO is another favourite

peter

This looks like a hold now ,Pearsons delivered so far and he`s only just started

With a forward looking market the SP could be on a projected NAV soon ...

Smalller companies report: Tuesday close
This is Money
6 September 2005

On the upside, Langbar International, the old Crown Corporation, climbed 35p to 88p in response to news that the Aim-listed investment company has successfully negotiated an agreed and managed exit of its cash deposits in South America.

This is in order to provide the company with ready access to these funds to invest in the developing Langbar operations

Hi All,

Another 40% tomorrow ?

That would take us to 1.23

Or could it do another 50% to 60% ?

That would still make LGB undervalued, and thursday/friday would see smaller rises, as nobody in their right mind would sell before 'value' was reached.

Cheers,
PM

2 MILLION TRADE AT 17.11 NICE!!!
EXPECT MORE T/MORROW

Paul, in the Highest gains on pg 513 Channel 4. It should be written about in the papers and did you notice the very large Buys at the end 1m and 2m - someones very confident, no longer just a punt.

looks like the institutions that took part in the recent placing at 48p took a nice profit and that's what's been holding the price around 88p.

by the looks of the volume today we've nearly exhausted these sells so, with a few tabloid tips tomorrow we could take the next step up to closer NAV...

Great find robstuff and commentary Paul.

Well done.

SWW Hi,

Thanks :)

Lots more to come yet :)

Cheers,
PM

Paul, what do you make of the price falling in opening trades?, it couldn't have been reported in papers so the retail investors don't know about it. IC may run an article. Disappointing.

Rob

Wouldn't be surprised if it was a bit of a shake, quite small volumes for the size of the mark down. There will be many investors who have bought at around 50p and the first sign of a pull back will convince them to lock in profits.

I'm gobsmacked. The sp should be over double the current price.

Patience... all will come good, let things settle down first!
Am sure by next RNS things will be a different matter!

the Evil one has gone long on this - by 50k.....(wish i could do the same.....)