Friday, 30 May 2014

Black Sea Property Fund

The spread on this one is enormous . It must be great being a broker .
That said even at 1.4p , this looks great value .For me there is at least 2.1p to be had on realisation of assets , perhaps even more .
  Thus , this a safe haven whilst the market drop continues. The only trouble being once you`re in , you`re in for the term . A lookalike of old Carpathian / Adams . Thus good news will be ahead as the realisation process comes toward conclusion .
  My personal estimate comes to over 4.2p per share ,accountants tend to be a little imaginative with figures


Continued .....

Vietnamese investor takes up a Quarter of the shares at 1.35p .
No smoke without fire . Expectation of an imminent reverse takeover .
Do NOT Miss this golden opportunity .

   And  May

John Chapman and Stephen Coe
                           Thankyou xx

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