A Multi-bagger if ever there was one!!! once this hits the papers, see it double.. treble...see announcement

Krypton Hi,

Agreed, and the way the market has taken this is very positive, if the assets CCO are looking at are good enough for those taking the placing stock, to give CCO several million pounds to do the due dilligence, they are good enough for me !

We could see 1 again very soon methinks :)

Cheers,
PM

An example of another investment company, clearly showing that the current CCO discount to NAV of 77% is a joke .... it cannot possibly stay like this for ever ....

"At the end of 2004, the shares were quoted at a discount of 5 per cent to the net asset value. By the end of June, this had become a premium of 1. 6 per cent."

http://www.companyannouncements.net/cgi-bin/articles/20050818151616P962D.html

Hi All,

Hopefully some good press tomorrow, to get this one moving ....

Cheers,
PM

Didn't I just know there was something going on with the price being worked down even though there were more buys than sells, it's all clear now, in order to Place shares at a rock bottom price guaranteeing the success of the issue. Now watch this rise and those institutions make their easy money!!!!

robstuff......i made a mistake?

bought PRTY and sold it a day later for 274 clear profit ( and if TDW online trading wasnt cocked up all day i would still be holding them, because there is far greater control trading online).

as for the spread not being important?..........suppose id just bought 20k cco for 56p, knowing that i could sell for 55.3p? an immediate loss of 140 plus expenses.
then the bid drops 5p......there goes another 1000.

like i said, ive been trading 20 years and intend to trade for another 20. ive had enough " paper losses" to know they invariably turn into the real thing.

i traded cco a short while ago ( buying around 74p) escaped with a tenner overall profit. boy would i be gutted if i was still holding that deal.

i remain sceptical wrt this windfall, but will be keeping a buy position at the ready. i dont mind missing the first 50p of a 150p+ potential rise.

thanks btw for the c&p from elsewhere with a few explanations ( maybe ).

good luck all and BE CAREFUL.

Cannot find the EPIC for Langbar International and CCO now showing no details.
Can anyone help ?

LGB Oak

robstuff (or IanT) - are you able to change to the new EPIC in the opening post?

sd

Thanks ptholden - may your porfolio rise and your putts drop !

GCR

Thanks ptholden - may your porfolio rise and your putts drop !

GCR

PC playing up !!

oak

The putts certainly dropped yesterday, 76 Gross, breaking 80 for the first time. All we need now is for the portfolio to rise.

pth

pth - great golf - I too broke 80 once only for my playing partner to hit 78 and equal his age - no chance of that for me now as I would need to be 4 under par !!
However, portfolio is all blue this morning with the exception of SKP (as always).
Sorry to chat but this board has become quiet - Has another opened as LGB

O.k, new thread started for the new Name LGB.