gordon geko
- 22 Feb 2005 11:50
could this be the next one to go like white nile speculaors talking about 20p i'm in @ 4p RAB capital have 30% so following thier lead any opinions ????
gibby
- 20 Jan 2011 21:33
- 254 of 441
ditto that driver - i like ggp also - dont forget orcp (oracle) should be moving from plus to aim listing by june - process has started already and aim somewhere between march & june this year - have a good evening
3 monkies
- 26 Jan 2011 17:33
- 257 of 441
Oh dear, wish I had bought in at todays prices - unfortunately I too would have to remortgage to even think of getting anything else at the moment haha!! Hope we laugh at this in the not too distant future.
gibby
- 26 Jan 2011 21:14
- 258 of 441
it is a very good buy in price - like you guys i need to wait a few days to top up by which time sp probably up again!! such good prospects here - and in the not too distant - gla
driver
- 27 Jan 2011 14:56
- 259 of 441
These are at a bargain basement price I wouldnt mind if they held here for a while till I get some funds together its all been said DNi Oracle RRR just need to wait now for the big bang.
Good post from the other side Re Oracle
Ive got a lot of time for Andrew Bell, and the investors who follow him speaks volumes for what hes achieved with Red Rock and with Regency.
Im absolutely delighted with Andrew Bells involvement with Oracle through Regency, and I think, more importantly, it indicates where Oracle is headed.
Initially, in November, Regency invested 1,017,500 for 18,500,000 shares at 5.5p. On 2 December it was announced that Regency had increased its holding in Oracle by a further 2,250,000 shares to a total of 20,750,000, being 11.26% of the issued share capital.
It would appear from Regencys final results statement of 30 December that it has further increased its holding in Oracle to closer to 12%.
Following further purchases, Regency now holds approximately 12 per cent. of the enlarged issued share capital of Oracle.
12% is equivalent to 22,105,320 shares. So, at todays mid-price of 10.625p, Regencys holding is worth around 2.35 million.
Regency itself has a market cap of 34 million, so its holding in Oracle is worth only 0.4p per share, representing around 6.77% of Regencys value today.
Therefore, to Regency, the value of its investment in Oracle today is not overly significant, and through averaging up through on market purchases, Regency will not yet have even doubled its money.
It was only today that someone asked me dont you think that Regency shares should mirror Oracles, but you can see that at present, Oracle remains a relatively minor piece of the overall Regency valuation.
But, the point to really bear in mind here is, why would Regency invest in Oracle, and buy shares on market, in a PLUS company, only to double its money? The answer is clearly that Regency sees shares in Oracle moving significantly higher, and Andrew Bell is already on record as stating that he can see the shares moving to trade at 50p within months of the AIM listing.
A 50p share price really starts to make Oracle a significant part of Regencys valuation, as that would represent almost one-third of Regencys market cap today, and add real value to Regency, as opposed to the negligible value added thus far.
So, in summation, to date Oracle has been the real winner from this relationship. But this relationship has only come about through the potential that Andrew Bell sees in Oracle making a fundamental contribution to Regencys valuation.
I for one am delighted that Regency is actively working to create value from its investment in Oracle through taking out any loose stock in the market, and show its confidence through such additional purchases.
Finally, a further investment into Oracle as part of the AIM fundraising from Regency will be a good kick-start to the book building exercise.
I know how excited and hands on Andrew Bell is with Oracle as he telephoned Shahrukh when we had lunch together recently. So its great to see this relationship blossoming and both Regency and Oracle working to create significant value for both sets of shareholders over the coming months.
Mr K
chakli
- 28 Jan 2011 08:47
- 260 of 441
SOLD RGM -BROKER ADVICE DUE TO TRADING UPDATE ON RRR .ANYWAY OUT OF THESE FOR A WHILE .
hlyeo98
- 28 Jan 2011 13:33
- 262 of 441
Only 5.25p to buy now...
3 monkies
- 31 Jan 2011 18:00
- 265 of 441
I think it would be a good idea to buy if one had the funds, saying goes 'live in hope or die of despare'. That could be the saying for a lot of them at the moment but never mind we are still breathing. Just have to sit back and see what happens next.
driver
- 07 Feb 2011 00:08
- 266 of 441
ORACLE enters final phase of Thar coal mining project
http://pakobserver.net/detailnews.asp?id=43009
skyhigh
- 08 Feb 2011 20:51
- 268 of 441
Me too!..still holding what I've got(which isn't a lot!) for the long term