Bought these the other day on results day and was certainly taken aback by their fantastic growth over the period focussing in on Asia. Ive copied a report from Killik Brokers who sum up the potential far better than I ever could.

Take note of the last Paragraph.

CROSBY CAPITAL Final Results

We highlighted Crosby Capital last year as an interesting opportunity. Its rather complex business structure makes it difficult to analyse and its introduction to the AIM market through a reverse takeover of a cash shell meant that investors have gradually got to know the story over the past twelve months. Nevertheless, it is fair to say that from a placing price of 15p, the rise to 29p suggests the action is underway.

The group is headed by two well known investment bankers including Simon Fry who was former head of Nomura in structured finance alongside Guy Hands. The company was established to house their interests in handling transactions in the Asian region and late last year, the first fruits were delivered with the injection of its oil and gas agreement with Medco which provided them with a carried interest over disposal proceeds above a $120 million benchmark (the expectation is for a sum significantly higher which will provide Lodore Resources with a useful cash injection). Crosby, having placed down 70 million Lodore shares for 10 million gross (5 million net to Crosby), retains 214 million shares worth around 32 million or around 15p per share.

Partially reflecting this disposal, Crosby has reflected part of the profit as it announces for the year to December 31, 2004, it generated a profit of $34 million on $55 million of revenue. The company states that the actual profit to be recognized on the Lodore transaction will be $82 million or 42 million. The total value of Crosby at 29p (new high up 3p) is 60 million. Simon Fry alludes to a healthy pipeline of new merchant banking opportunities coming through and hopes to conclude some this year.

For investors, it appears one is paying a modest premium over current assets for potential significant further upside. ENDS.

DYOR

Speculative punt, that could be a winner.

cheers GF.







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and i may take some off the table to buy a few crimbo pressies!

GF, how about a little chart at the header of this page....cheers sir.

rgds
CP

Going nicley guys. Hope we do get to 110p and then more.

cheers GF.

GF, any chance of posting a chart at the header of this thread...cheers

Actioned as requested. Is that a golden crossover on the chart?. PT dropping back a little today mind what isnt.

cheers GF.

Thx GF.

not concerned with the pullback in these, after the rise (and don't forget the 3p dividend just paid) these feel solid. a small retracement on no volume hardly concerns me!

Mkt taking a well earned breather. i like the fact that of the 23bn merger money to be paid this week in the M&A activity, abut 20 billion should find its way back to the mkt. that could add 2-3% on that activity alone to the ftse...

Rgds
PT

Certainly could.

cheers Gf.

GF: Thanks for posting the chart. Have decided to do a little topping up during the pause, whilst awaiting 110p.

Crosby Capital Partners Inc
07 November 2005

7 November 2005

CROSBY CAPITAL PARTNERS INC.

('Crosby' or the 'Company')

Interest in Lodore Resources Inc. ('Lodore')

Further to the Company's announcement dated 30 June 2005, the Board of Directors
is pleased to announce that Crosby's 100% owned subsidiary Sunov Crosby
(Holdings) Limited ('Sunov') has unconditionally accepted the offer made by
JASDAQ listed IB Daiwa Corp. ('IBD') of Japan (Bloomberg: 3587) to acquire 100%
of the shares of Lodore (the 'Offer') in respect of its 35.53% interest in the
issued share capital of Lodore.

Following the acceptance by Sunov, the Offer has become unconditional as to
acceptances, as IBD has now received acceptances from shareholders who own over
51% of the issued share capital of Lodore.

Crosby will make further announcements as and when considered appropriate or
necessary in respect of any material developments regarding the Offer.


For further information on Crosby please contact:

Simon Fry, Chief Executive Officer +44 (0)20 7590 2800
Andy Berry, Fishburn Hedges +44 (0)20 7839 4321


This information is provided by RNS
The company news service from the London Stock Exchange

yet again, a storming price on low volume and don't forget the 2.7p divi on top!

Heading back to past high. LOVELY.

cheers GF.

Proptrade, Goldfinger have you got a big holding in this stock?

Just a medium one for me.

cheers GF.

and me but has more than doubled! I have a large position in Lodore fyi...

Moving up to all time high. good news. Quid here we come.


cheers GF.

almost there with the divi included!

Helped by a strengthening Japanese economy, the chart is suggesting to me 110/120 p for Xmas.

and what a christmas that would be! there is so much more too it than the japanese economy strength. IB Daiwa is a stock darling and will be a resource powerhouse once LRS and other companies are bought. Local investors loving the play and Crosby have 80 million paper profit in 6 months. do these guys know their onions or what!

are you holding these for two years plus prop?? I look back on so many I sold on like Hamworthy that I'm now kicking myself for taking small profits--it seems if you've got a good one just sit on it although it's not so exciting as changing horses so to speak!! anyway I think this one has a long way to go up!

i am holding for the longer term. i have done alot of research and bought LRS because it is cheap entry into IB Daiwa (20%) disc. please DYOR but it is a great play.