Terra Nova Royalty - unentdeckte Perle? - 500 Beiträge pro Seite

[oldenbuergerin1]

Ich denke dieser Wert ist es wert, sich einmal näher damit beschäftigen! bin heute pfingstfeierlich eingestiegen und betrachte es als langfrist investment.

Alle Interessierten sind herzlich zu Meinungen, Beiträgen und Infos eingeladen. Insbesondere die Beobachter der entwicklungen rund um die Khd Humboldt, da Terra Nova von der KHD International abgespalten wurde, und Mass Financial, MFC Bankroft (oder wie die hieß) hier schon lange ihre finger im spiel hatten, die KHD und auch die KHD Industrial Services wieder super ins laufen gebracht haben, zuvor günstig eingekauft, versteht sich .

Mr. Michael J. Smith ist ein gewievter und erfahrener Ex-Investmentbanker und Geschäftsmann mit vielen Kontakten weltweit und ausgesprochener fiskaler Aversion. Seine Geschäftskonstrukte und teilweise komplizierten unternehmensgeflechte sind stets auf Value und Wachstum incl. Steuerminderung ausgerichtet.

Terra Nova sitzt auf einem Berg cash und diversen Investments (u.a. Commodities, Medizintechnik, Logsistik, Metallproduktion und Handel, Commodities trading, etc.). Ende letzten Jahres wurde die Mass Financial Corp integriert. Die Aktie findet insgesamt wenig Beachtung und auch der Handel ist ausbaufähig, der wert ist sehr eng. Die IR-Arbeit hat sich deutlich gebessert (wie auch bei der ehemaligen tochter KHD, an der immer noch mehr als 2% gehalten werden), neue Arquisen und eine "watershed year" 2011 für Terra Nova hat der Ceo angekündigt.

Zuletzt war die Mass Financial Ende 2010 als möglicher Investor für die in finanzielle Schwierigkeiten geratenen österr. A-Tec Industries im Gespräch. Ob sie noch babei sind weiß ich nicht, A-Tec will demnächt oder gar schon diese Woche Interessenten präsentieren, die das Unternehmen retten sollen.

ein paar links zu Terra Nova und der Geschichte:

http://seekingalpha.com/article/252655-terra-nova-s-royalty-…

Unternehmenspräsentation von Februar 2011:
http://b2icontent.irpass.cc/2017%2F120327.pdf?AWSAccessKeyId…

Link zur homepage:
http://b2icontent.irpass.cc/2017%2F120327.pdf?AWSAccessKeyId…

Kommentar zur Integration von Mass Financial:
http://opp.morningstar.com/BlogArticle.aspx?postid=362621

http://www.bullfax.com/?q=node-terra-novas-bid-aee-gives-inv…

Viel Spaß beim lesen!!
ist sonst noch wer investiert/Meinungen??

[oldenbuergerin1]

Einen hab ich noch:

Eine eindrucksvolle Darstellung der bisherigen Book-Value-Steigerung durch die "Mass Financial", die nun zur Terra Nova gehört:

http://www.massfinancialcorp.com/pdf/fh_2009.pdf

...da kann riestern nicht mithalten.

Weiter so, mr. smith...

[jerobeam]

na, da bin ich ja nicht ganz allein in Deutschen Landen unter denen die sich für TTT begeistern können.

TTT hält neben dem Anteil an KHD noch die folgenden Investments in Deutschland:
* Immobilien: Altmark Industriepark (Stendal), dort steht unter anderem eine grosse Zellstoff-Fabrik von Mercer International (frühere Muttergesellschaft von TTT/MFC), und das Gewerbegebiet Dessau-Mitte (hier hat KHD einen Standort)
* Aluminiumverarbeitung: Aluminiumfolie Merseburg (AFM) und MAW Mansfelder Aluminiumwerk

[oldenbuergerin1]

Link zu den deutschen Immobilien/propertymanagement der terra nova:

http://swa-investments.com/

Mansfelder Alu: http://www.mansfelder-aluminiumwerk.de/indexde.htm

und die folie: http://www.afm-aluminium.de/home

und noch watt zu Mr. Smith anderen Geschäften...,

http://investing.businessweek.com/research/stocks/people/per…

Na ja, die ein oder andere Sache gibts nich mehr oder ist woanders im Firmengeflecht untergekommen. So sollen sie auch in China windfarmen betreiben über "Cathay merchant group (shanghai) wind energy"...wo die nun wieder abgeblieben ist weiss man nicht. Die Cathay merchant Group hat vor einigen Jahren den Namen in "Mansfelder Metals inc" getauscht, die sind sogar börsennotiert bei den pink-sheets, in den sec infos, zuletzt von 2007, ist jedoch nur von den Alu-geschäften die Rede. die windanlagen waren zumindest als "geplant" in 2004 in der presse...
http://www.prnewswire.com/news-releases/cathay-merchant-grou…

na wer weiß, vielleicht wars nur heiße luft statt wind, ich konnte jedenfalss nix weiteres dazu finden. Auf jeden fall traue ich dem Smith noch einige deals zu, die wohl auch größer werden sollen in ansehbarer Zeit, siehe übernahmeplan der A-tec, bzw. der Tochter AE&E. Herr Smith wollte aber wohl nur nen Euro zahlen und dann weitere 200.000.000€ investieren, hat wohl nicht hingehauen.

[jerobeam]

Zitat von oldenbuergerin1: Herr Smith wollte aber wohl nur nen Euro zahlen und dann weitere 200.000.000€ investieren, hat wohl nicht hingehauen.

Vielleicht wollte er aber auch nur in die Bücher schauen und sehen wie's um Brixlegg steht. Das würde wesentlich besser ins Portfolio passen als AE&E.
Aber der Preis ist natürlich allesentscheidend.

[oldenbuergerin1]

http://www.industriemagazin.net/home/artikel/Kovats_Pleite/N…

na, na, na Herr Smith, erst alle gläubiger einladen, und dann selber nicht erscheinen...war das Pferd vom "Cowboy" wohl zu langsam oder er mußte erst noch an Barbados oder Shanghai vorbei reiten !

300 millionen soll die A-Tec-Tochter Brixegg wert sein! Machen in Kupfer und Silber...bin ich gegen, lieber wär mir Anlagenbau oder andere diversifikation. Terra nova hat doch inzwischen genug commodities, und auch noch streß in Indien mit der Canero resources...

[jerobeam]

Antwort auf Beitrag Nr.: 41.641.279 von oldenbuergerin1 am 13.06.11 21:16:39

Genug commodities?
Ist doch eine Rohstofffirma. Was sollen die sonst machen (ok, das eine oder andere Schnäppchen nebenbei sollte man sich nicht entgehen lassen ).
Brixlegg wäre absolut wunderbar für TTT wenn der Preis stimmt. Ein weiterer mittelgrosser Verarbeitungsbetrieb der die Produktpalette mit Kupfer komplementiert (Aluminium (AFM/MAW), Kobalt (KCCL), Eisen (Magnum) und Zinc (Brock) haben wir ja schon).

[oldenbuergerin1]

....aber sie haben doch auch andere assets, wie z.B. Augen-Kliniken in China...das ist doch auch mal watt anderes und Diversifikation vermindert das Risiko.

Wenn dann demnächst alle chinesischen Mittelschichtler, die kucken wie Beutelratte Heidi oder kurzsichtig sind wie Mr. Magoo, und aussehen wollen wie Heidi Klum zum Augenkorrigieren gehen, ist schon mancher yen zu machen.

Aber ok, Kupfer braucht man da bestimmt auch, für die medizintechnik und die handys, um nen termin in der klinik zu vereinbaren.

[jerobeam]

http://www.format.at/articles/1125/525/300088/finale-poker-a…

[jerobeam]

http://diepresse.com/home/wirtschaft/economist/677111/ATecVe…

http://www.newswire.ca/en/releases/archive/July2011/04/c2962…

[oldenbuergerin1]

News:

0915988 B.C. Ltd. Has Acquired Interest in a Mineral Royalty

VANCOUVER, British Columbia, Aug. 3, 2011 /CNW/ -- 0915988 B.C. Ltd. (the "Company") announces that it has acquired a beneficial interest in a mineral royalty respecting the Wabush mine (the "Royalty") from Terra Nova Royalty Corporation (the "Vendor") in exchange for $200 million, paid by the Company through the issuance of 12,500,000 common shares and 3,987,500,000 class A non-voting shares of the Company, at $0.05 per share. As a result of the transaction, the Vendor now holds 40.1% of the Company's outstanding common shares and all of its outstanding class A non-voting shares.

The Royalty expires in 2055. The lessor holds a direct mining lease from the Province of Newfoundland and Labrador. The Royalty provides for a minimum royalty payment of $3.25 million per annum until expiry and a base royalty rate of $1.685 per ton with escalations as defined in the underlying lease, less royalty payments of $0.22 per ton, on shipments of iron ore pellets.

Inquiries:



Michael SmithDirectorTel. [phone]

[jerobeam]

ScotOil Announces Revocation of Cease Trade Orders and Private Placement
Scotoil Petroleum Ltd
OILXD | 6/10/2011 5:52:00 PM
CALGARY, Alberta, Jun 10, 2011, 2011 (Canada NewsWire via COMTEX News Network) --
<< >>

ScotOil Petroleum Limited (NEX: OIL.H)("ScotOil" or the "Company") announced today that the Alberta Securities Commission, the British Columbia Securities Commission and the Ontario Securities Commission have each revoked their respective cease trade orders dated March 2, 2010, March 3, 2010 and March 24, 2010, respectively. As a condition to the revocation of the above mentioned cease trade orders, the Company has undertaken to hold an annual meeting of the shareholders within three months.

The Company has filed audited annual financial statements for the years ended December 31, 2008 and 2009 and related management's discussion and analysis ("MD&A") and certifications pursuant to National Instrument 52-109 - Certification of Disclosure in Issuers' Annual and Interim Filings ("Certifications"), interim unaudited financial statements for the periods ended March 31, 2010, June 30, 2010 and September 30, 2010 and related MD&A and Certifications and an annual information form and annual financial statements for the year ended December 31, 2010 and related MD&A and Certifications and has therefore met its continuous disclosure obligations.

The Company's board of directors currently consists of three directors, being Slobodan Andjic, Srdjan Andjic and Martin Mueller-Roemheld. Slobodan Andjic is President, Chief Executive Officer and Chief Financial Officer of the Company.

The Company is currently inactive, but plans to examine several opportunities to reorganize and re-activate.

<< Private Placement >>

The Company also announced today that it has completed a private placement (the "Private Placement") for 2,459,400 common shares (each a "Share") at a price of
.05 per Share, which closed on June 10, 2011. The Company raised aggregate gross proceeds of approximately $122,970. All securities issued with respect to the Private Placement are subject to a hold period that expires four months and a day from the closing date in accordance with the rules and policies of the TSX Venture Exchange and applicable Canadian securities laws.

The Company intends to use the net proceeds of the Private Placement to hold an annual and special meeting of its shareholders and for general working capital purposes.

<< For additional information, please contact: Slobodan Andjic [e-mail]

[jerobeam]

ScotOil Petroleum Limited Announces Management Changes
07/27/2011

ScotOil Petroleum Limited announced that Ho Kwun Cheong, Lo Chi Ming and Chow Wai Ping have been appointed as directors of the Company, replacing Slobodan Andjic, Srdan Andjic and Martin Mueller-Roemheld, who have resigned. Ho Kwun Cheong has been appointed as President, Chief Executive Officer and interim Chief Financial Officer of the Company, replacing Slobodan Andjic.
ScotOil Petroleum Limited has Changed its Name to 0915998 B.C. Ltd
07/27/2011

On July 27, 2011, ScotOil Petroleum Limited changed its name to 0915998 B.C. Ltd.

[oldenbuergerin1]

Wer mehr wissen möchte recherchiere mal nach "oilexco" bzw. "scotoil petroleum".

kurz zusammengefasst (ohne garantie auf vollständige exaktheit): Die ölgesellschaft oilexco ist 2009 in die insolvenz geschlittert, nachdem die bank of scotland im Rahmen der Bankenkrise ihr geld zurückwollte bzw. Kredite gekündigt hatte. Die assets der Oilexco in billionenwert wurden dann im insolvenzverfahren für 500 mill $ an Premier oil verschleudert. Oliexco blieb als leere Hülle mit einem Verlustvortrag von 400-500 mill Can$. Hier haben dann Mr. Smith und co zugegriffen, öfters umbenannt, so in Scotoil Petroleum, dann zuletzt in "0915998 B.C" (siehe auch unter www.sedar.com). Bei der Letzteren wurden die Smith-leute noch vor ein paar tagen durch einige chinesen im management ersetzt. Wahrscheinlich auch nur Verschleierungstaktik!?

Na ja, die neue company bleibt ja großteils der Terra Nova erhalten, wird vielleicht sogar (tw.) irgendwann an die Aktionäre ausgeschüttet?

Terra Nova wollte ja auch seiene Namen änderen und hatte größere Investment angekündigt - man darf gespannt sein was jetzt folgt...

[oldenbuergerin1]

http://finance.yahoo.com/news/Terra-Nova-Royalty-cnw-3225313…

[oldenbuergerin1]

Terra Nova Royalty Corporation Reports 2011 Second Quarter Results

NEW YORK, Aug. 15, 2011 /PRNewswire/ -- Terra Nova Royalty Corporation ("Terra Nova" or the "Company") (NYSE: TTT) today announced results for the six months and second quarter ended June 30, 2011. Unless otherwise noted, all dollar amounts are in United States dollars.

RESULTS FOR THE SIX MONTHS ENDED JUNE 30, 2011

Revenues for our commodities and resources business were $257.0 million for the six months ended June 30, 2011, compared to $8.8 million for the same period in 2010, primarily as a result of the inclusion of the integrated commodities operations of Mass Financial Corp. ("Mass"), which we acquired in the fourth quarter of 2010. Included in our commodities and resources business are revenues generated by our royalty interest, which increased to approximately $12.3 million for the six months ended June 30, 2011, compared to $8.8 million for the same period in 2010. The increase in royalty revenue was mainly attributable to a higher royalty rate. A total of 1,515,120 tons of iron ore pellets were shipped during the six-month period ended June 30, 2011.

Revenues for our merchant banking business were $12.5 million for the six months ended June 30, 2011, compared to $nil for the same period in 2010, primarily as a result of the inclusion of Mass''s results.

Other revenues, which encompass our corporate and other investments, were $8.1 million for the six months ended June 30, 2011, compared to $1.1 million for the same period in 2010, primarily as a result of the inclusion of Mass'' results.

Costs of sales increased to $226.9 million during the six months ended June 30, 2011 from $6.0 million for the same period in 2010. Selling, general and administrative expenses increased to $21.8million for the six months ended June 30, 2011 from $4.3million for the same period in 2010. The increases were primarily linked to the inclusion of Mass''s operations.

RESULTS FOR THE THREE MONTHS ENDED JUNE 30, 2011

Revenues for our commodities and resources business were $138.2 million for the three months ended June 30, 2011, compared to $4.9 million for the same period in 2010, primarily as a result of the inclusion of the integrated commodities operations of Mass. Included in our commodities and resources business are revenues generated by our royalty interest of approximately $6.8 million for the three months ended June 30, 2011. A total of 795,770 tons of iron ore pellets were shipped during the three months ended June 30, 2011.

Revenues for our merchant banking business were $1.1 million for the three months ended June 30, 2011, compared to $nil for the same period in 2010 as a result of the inclusion of the activities of Mass.

Other revenues, which encompass our corporate and other investments, were $4.4 million for the three months ended June 30, 2011, compared to $0.9 million for the same period in 2010, and are attributable to the inclusion of Mass in the current quarter.

Costs of sales increased to $120.5 million during the three months ended June 30, 2011 from $3.3 million for the same period in 2010, while selling, general and administrative expenses increased to $10.4million from $1.7million for the same period of 2010. These increases are primarily linked to the inclusion of Mass''s operations in the current period.

OVERVIEW OF RESULTS FOR THE SIX AND THREE MONTHS ENDED JUNE 30, 2011

The table below shows our total revenues by operating segment for the six months ended June 30, 2011, as well as each of the three month periods ended June 30, 2011 and March 31, 2011 were:

REVENUES (2011) All amounts in thousands




June 30

six months


June 30

three months


March 31

three months


Commodities and resources


$ 256,955


$ 138,210


$ 118,745


Merchant banking


12,511


1,110


11,401


Other


8,056


4,365


3,691


Total revenues


$ 277,522


$ 143,685


$ 133,837









The table below shows our income from continuing operations for the six months ended June 30, 2011, as well as each of the three month periods ended June 30, 2011 and March 31, 2011 were:

INCOME FROM CONTINUING OPERATIONS (2011)All amounts in thousands, except per share amounts





June 30

six months


June 30

three months


March 31

three months


Commodities and resources


$ 17,314


$ 12,453


$ 4,861


Merchant banking


12,610


630


11,980*


Other


(13,739)


(1,477)


(12,262)


Income before income taxes


16,185


11,606


4,579


Income tax


(1,959)


(182)


(1,777)


Resource property revenue

tax recovery (expenses)


(679)


502


(1,181)


Net loss attributable to non-controlling

interest


1,370


71


1,299


Net income from continuing

operations to shareholders


$ 14,917


$ 11,997


$ 2,920


Earning per share


$ 0.24


$ 0.19


$ 0.05









*Note: The income before income tax from the merchant banking segment was higher than its revenue in the three months ended March 31, 2011, which was due to a gain not recognised in revenue.

ONE-TIME NON-CASH EXPENSES

The following table shows the effects of one-time and non-cash discretionary expenses on 2011 earnings.

EFFECTS OF ONE-TIME & NON-CASH DISCRETIONARY EXPENSES IN 2011

All amounts in thousands, except per share amount





June 30

three months


March 31

three months


Share-based compensation


$ -


$ 7,291


Other


145


1,472


Total


$ 145


$ 8,763


Per share impact, diluted


$ -


$ 0.14








FINANCIAL HIGHLIGHTS

The following table highlights certain selected key numbers and ratio in order to better understand Terra Nova''s financial position.

FINANCIAL HIGHLIGHTS AS OF JUNE 30, 2011 All amounts in thousands, except per share amount and ratio




Cash and cash equivalents


$ 413,857


Short-term securities


21,379


Working capital


371,116


Acid test ratio*


2.23


Shareholders'' equity


557,658


Equity per common share


8.91







*Note: Calculated as cash and cash equivalents plus short-term cash deposits, short-term securities and receivables, divided by total current liabilities.

LIQUIDITY

As at June 30, 2011, we had cash and short-term securities of $435.2 million. We monitor our capital on the basis of our debt-to-adjusted capital ratio and long-term debt-to-equity ratio. The debt-to-adjusted capital ratio is calculated as net debt divided by adjusted capital, while net debt is calculated as total debt less cash and cash equivalents. The long-term debt-to-equity ratio is calculated as long-term debt divided by shareholders'' equity.

LIQUIDITY All amounts in thousands





June 30, 2011


December 31 2010


Total debt


$ 55,007


$ 52,748


Less: cash and cash equivalents


(413,857)


(397,697)


Net debt (net cash and cash equivalents)


(358,850)


(344,949)


Shareholders'' equity


557,658


547,756


Debt-to-adjusted capital ratio


Not applicable*


Not applicable*








*Note: The debt-to-adjusted capital ratio as at June 30, 2011 and December 31, 2010 were not applicable as we had a net cash and cash equivalents balance at such dates.

LONG-TERM DEBT-TO-EQUITY RATIO All amounts in thousands, except ratios





June 30, 2011


December 31 2010


Long-term debt, less current portion


$ 29,668


$ 48,604


Shareholders'' equity


557,658


547,756


Long-term debt-to-equity ratio


0.05


0.09








We had a net cash and cash equivalents balance after deduction of our total debt, and our long-term debt-to-equity ratio was 0.05 and 0.09 as at June 30, 2011 and December31, 2010 respectively.

CREDIT FACILITIES

We maintain various types of credit lines and facilities with various banks, and most of these are short-term. These facilities are used for day-to-day business, structured finance and various other activities in both the commodities and finance areas.

As at June 30, 2011 we had credit facilities aggregating $379.0 million, of which unsecured revolving credit facilities totalled $181.9 million. We also had revolving credit facilities of $9.8 million for our structured trade finance activities with the margin charged by the lender being negotiable when the facility is used. We also had (i) a foreign exchange credit facility of $63.9 million and (ii) a non-recourse factoring arrangement with a bank for up to $123.4 million based on receivables from commodities operations. All of these facilities are renewable on a yearly basis.

SALE / DIVESTITURE OF ASSETS

We have completed a comprehensive review of our assets and identified some merchant banking and other non-core net assets in the amount of approximately $102.0 million, or $1.63 per share, which are not required for our future operations. We believe it is in the best interest of our shareholders to receive this value directly, by way of a special cash and/or spinout dividend or distribution. We are completing the final plan to do so in the most tax efficient manner for both the Company and its shareholders. We expect to complete this in November.

All of our assets are under constant review to assess the risk and acceptable returns for the Company.

DIRECTIONAL FOCUS

After considerable review and discussions, the Board of Directors has determined that the Company should primarily focus its efforts on building our existing commodities activities into a global commodities supply chain business that will source and deliver commodities and materials to all industries, with an emphasis on the financing and risk management aspect of the business. They have also approved a name change to MFC Industrial Ltd. We believe, by committing our capital and personnel, that this strategy will allow us to capitalize on our sourcing, finance, risk management and logistics capabilities and experience to maximize returns throughout the commodities supply chain. We still need to penetrate other markets and enhance our product lines.

We view the major advantages of the commodities supply chain business to be:

Turnaround cycle is generally short, resulting in a minimum risk profit realization.
Requires a minimal investment in fixed assets.
Generates long-term customer loyalty.
Allows us to leverage our ability, arrange and/or finance suppliers for the long-term.
Enables us to capitalize on our risk management expertise.


The Company plans to implement the name change promptly upon receipt of regulatory approvals and our shares will continue to trade on the New York Stock Exchange under a new trading symbol, beginning in mid-September.

CORPORATE TAXATION

The Company continued to be fiscally responsible and paid minimal corporate income taxes during the first six months of 2011.

ANNUAL CASH DIVIDEND

The Company''s annual cash dividend is based on the annual dividend yield of the New York Stock Exchange Composite Index for the preceding year, plus 25 basis points. In January we announced the declaration of an aggregate cash dividend for 2011 of $0.20 per common share, representing a dividend yield of 2.58 percent, payable quarterly.

To date we have paid total cash dividends of $0.15 per share, with an additional payment of $0.05 per common share expected to be announced in the third quarter of 2011. In the future, we plan to announce and declare the cash dividend during the first full week of each year. The declaration, timing and payment of future dividends will depend on, among other things, our financial results.

EXPANSION PLANS

Michael Smith, Chairman, commented "We are pleased with our new focus on building a global commodities supply chain company together with all of our corporate changes and emphasis on expansion of our operations. We have now identified several strategic acquisitions that will complement our new business focus. This strategy is now underway.

"Our task now is to acquire and integrate new operations that will make us larger and, most important, more profitable.

"We are generally optimistic that 2011 will be a watershed year as we pursue our acquisition strategy. We have a much stronger financial base than many other companies our size, and years of experience in buying good assets and realizing value. With the current financial uncertainty in the market, we believe that many interesting opportunities may present themselves."

Shareholders are encouraged to read the entire Form 6-K, which includes our unaudited financial statements and management''s discussion and analysis for the six months ended June 30, 2011 and has been filed with the Securities and Exchange Commission ("SEC"), for a greater understanding of the Company.

Our annual report for the fiscal year ended December 31, 2010 on Form 20-F was filed with the SEC and Canadian securities regulators on March 31, 2011. The Company will provide a hard copy of the annual report, free of charge, upon request. Requests can be sent by mail to: Suite 1620, 400 Burrard Street, Vancouver, British Columbia, Canada V6C 3A6.

Today at 10:00 a.m. EDT (7:00 a.m. PDT), a conference call will be held to review Terra Nova''s announcement and results. This call will be broadcast live over the Internet at www.terranovaroyalty.com. An online archive will be available immediately following the call and will continue for seven days. You may also to listen to the audio replay by phone by dialing: 1 [phone], using conference number 10002970. International callers should dial: 1 [phone].

[oldenbuergerin1]

http://seekingalpha.com/article/287939-terra-nova-has-noble-…

[oldenbuergerin1]

Neuer Name, neue homepage:


http://www.mfcindustrial.com/...hab noch nicht reingeschaut, aber gleich...

...vielleicht sollten wir auch beizeiten einen neuen thread eröffnen??