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% !!!!!

there is a huge difference to the "nav" of a share when the assets are in respect of property, orders, goodwill etc and HARD CASH. that is the only reason this is at the top of my watchlist. CASH IS AND ALWAYS WILL BE KING.

still sceptical though. i find it hard to believe that if the story really is true that the red braces brigade havent pushed this WAY higher.

Superrod Hi,

The red braces brigade have been trying to push higer, even UK-Analyst stated just after the AGM "traders are suprised the stock is trading at such a big discount to NAV", but many are watching and waiting for the cash to be released from Brazil before they jump in, once it is released, there will be plenty of buyers, and those who had the balls to get in early will reap the reward.

I sent a message to HQ, and they said they will be updating shareholders as frequently as possible, about the Brazil cash progress, and after the placing, I think things will progress a lot quicker now.

Cheers,
PM

Paul

a trade set up ready for the whistle. dont have the balls to buy until the story hardens to the positive. after 20 years trading i have learned a lot and its cost me even more. my main lessons have been ( and some are courtesy of other traders/tipsters )

1)
if you see a bandwagon its too late to get onboard.
2)
your T trades will ONLY go up if you can afford to cover.
3)
there is NO free money in the stockmarket.
4)

with the advent of free financial sites/free streaming prices, VERY few are investing these days, just 95% chancers, which basically means that if i make a few hundred, some poor sap has lost a few hundred ( plus expenses ). ( and vice versa unfortunately ).


its a lot harder in the market these days.

superrod, another one "only invest what you're prepared to lose" it's not a great recommendation for stock market investment is it?

However, the stock market has sure enough been difficult in last few yrs and property has been the Only investment but that is all set to change again, as regular as clockwork you have cycles. It's generally true about not following the herd. Your point no.1 - well the bandwagon here has not started rolling has it?

no. 3 - sometimes there is and this may be one of them. It always amazes me that there is time to get in i.e. as the bandwagon starts rolling but if they get the cash released, there will be No time at all, the mms will mark it up in a second, so you need to be in it beforehand.

Good luck

Rock bottom now, topping up cos it's not going to be here for long, news of releasing the money for investment is just round the corner and the tips are being penned, worth over 2 CASH !!!

still not looking good.....still waiting

a mike walters nugget

"always leave something for the next punter".

ie sell just before the top......if ONLY it was that easy.

Any of you lot tried getting money out of Brazil without providing proof of delivery of goods / services that have been confirmed by government officials ?

Good luck.

Rod Hi,

It is easier than that, just wait for the cash from Brazil to be swapped for assets in Europe ....

The next punter will always get something, if they are prepared to wait for it, as I am now.

Cheers,
PM

paul
i am becoming increasingly uneasy about this share, to the extent that im not sure i could bring myself to hit the buy button if the news arrives.

good luck to all punters.

If something looks to good to be true, it generally is. I try to avoid betting on shares. There are, after all, two things that come from Brazil - blocked assets and nuts!

sd

Stockdog,, you forgot coffee ,,and great racing drivers!!

As I said - assets and nuts! lol

sd

Euroclear was set up on Friday 26th August.

check out www.euroclear.com

click on Information then Securities then type Langbar...

expires 31/10/05 so expect the funds well before then...

we're in business guys, add on any weakness in shareprice...

andyeds - being a thickie, what does that show?

Does anyone know when we can expect some news on this stock?
The sp is going from bad to worse!

or good to better if you still haven't bought in yet, comme le chien des actions

stockdog

is that French for 'this is a dog to be avoided at all costs' !!!

;o)

no, it's chienese for I just might buy and the lower it goes the mightier I might at a better price!

Next week is going to be a big week, all that are in will be rewarded nicely

How do you know this Peterstilgoe? Have you got inside info?