Öl um Falkland >Zukunftsinvestition? FIH PLC ehemals Falkland Islands Holding - 500 Beiträge pro Seite (Seite 2)

[stiefelriemen]

Wenn Sie in den vergangen Tagen den Kursverlauf von Falkland Oil & Gas (ISIN
FK00B030JM18) verfolgt haben, konnten Sie sehen, dass die Aktie Ende letzter Woche bei 2,60
Euro ein neues Allzeithoch erreichte. Grund für den steilen Anstieg war ein Gerücht darüber,
dass ein anderes Unternehmen die Übernahme von FOGL plane. Nachdem die Gesellschaft in
einer Pressemitteilung das Börsengerede dementierte, kam das Papier wieder auf einen Kurs von
aktuell 2,13 Euro zurück.
Die Großaktionärin Falkland Islands Holdings (ISIN GB0001861599) nutzte den kurzzeitigen
Höhenflug strategisch geschickt aus und verkaufte 1,8 Mio. FOGL-Aktien bzw. 10,7 Prozent
ihres Bestands über die Börse. Durch diese Transaktion verbuchte FIH einen Gewinn von 2,1
Mio. britische Pfund (ca. 3 Mio. Euro) und hält nun noch 15 Mio. FOGL-Aktien bzw. 16,3
Prozent des ausstehenden Aktienkapitals. Der außerordentliche Gewinn soll für den Ausbau des
laufenden Geschäfts und als finanzieller Puffer für etwaige zukünftige Akquisitionen verwendet
werden.
Der Verkauf der FOGL-Aktien machte für FIH aus unternehmerischer Sicht zwar Sinn, dennoch
sieht es der ein oder andere Anleger sicherlich nicht gerne, wenn ein Großaktionär sich von
Teilen seines Aktienpaketes trennt. Da FIH jedoch in einer Mitteilung bekannt gab, dass sie in
den kommenden 12 Monaten keine weiteren FOGL-Anteile mehr verkaufen will und schließlich
noch immer 90 Prozent ihres ursprünglichen Bestandes besitzt, bewerten wir diese „einmalige“
Aktion nicht besonders kritisch, sondern finden sie lediglich etwas unschön. Wie wir Ihnen
bereits berichteten, besitzt das Lizenzgebiet von FOGL aus seismischer Sicht hervorragende
Hinweise auf große Ölvorkommen, so dass das Explorationsunternehmen für die Konkurrenz
interessanter denn je ist. Aus diesem Grund können wir uns gut vorstellen, dass es auch in
Zukunft zu weiteren Übernahmespekulationen kommen wird.

[schreigl]

hier ist es aber ganz ruhig geworden.
wird sich auch wieder ändern.

[schreigl]

Antwort auf Beitrag Nr.: 20.892.631 von schreigl am 21.03.06 17:23:22

ein monat hier nix los
lest ihr keine polit. oder wirtschaftl. nachrichten????
dann werde ich mich in zukunft ganz alleine freuen

[weisenstein]

Investor information
Financial highlights
Results for the year ended 31 March 2006


...mit der Dividende kann man warten

[schreigl]

Antwort auf Beitrag Nr.: 23.934.623 von weisenstein am 14.09.06 17:23:54

heisst wohl weiter abwarten.

[al_sting]

Vielleicht ist für einige Leser auch das Forum http://www.stw-boerse.de interessant.
Die FIH wurde gerade in das Musterdepot http://www.stw-boerse.de/apps/depot.php3?DEPOT=chi aufgenommen.
Und der Wert wird unter www.stw-boerse.de/forum/messages/1719/2622.html?1161701722#POST30612
diskutiert.
Es gibt zwar weniger Teilnehmer als bei WO:, aber ein gutes Diskussionsniveau.

[al_sting]

Vielleicht interessiert einige auch das Forum www.stw-boerse.de

Dort wurde die FIH gerade in einem Musterdepot aufgenommen:http://www.stw-boerse.de/apps/depot.php3?DEPOT=chi

Diskutiert wird FIH unter
http://www.stw-boerse.de/forum/messages/1719/2622.html?11617…

Weitere aktive und inaktive Teilnehmer sind durchaus willkommen.

[Ramses2I]

Antwort auf Beitrag Nr.: 24.824.401 von al_sting am 24.10.06 17:06:26

@all

Jetzt mal offen und ehrlich in die Runde gefragt:

Wie lange glaubt ihr braucht FIH oder ein anderer Falkland Explorer
- desen Tochter oder wie auch immer - um wirklich rund um die Falkland Inseln Öl zu fördern und dort tatsächlich Geld zu verdienen?

[Hafturlaub]

Antwort auf Beitrag Nr.: 25.087.239 von Ramses2I am 02.11.06 18:49:11

Vor 2010 bestimmt nicht.

[bamster]

Antwort auf Beitrag Nr.: 25.087.239 von Ramses2I am 02.11.06 18:49:11

Denke auch, dass 2010 ziemlich realistisch sein dürfte.

[Urlaub2]

Antwort auf Beitrag Nr.: 25.087.239 von Ramses2I am 02.11.06 18:49:11

Ungenaue Frage !



"Ölförderung" erst ab 2010.

Aber Probebohrungen ab 2008 werden das große Potential von FOGL oder Desire Petroleum deutlich machen.

Die Falkland-Explorer (auch Rockhopper, Tullow Oil) können notfalls zusammenlegen für ein Rig. FOGL plant das.



Zumal Tullow Oil, was Hardman "fraß", wirklich eine große
Firma ist.

[Ramses2I]

Dann habe ich ja so einen ungefähren Überblick wie lange ich mich im Sand eingraben kann bevor ich mir ein paar entsprechende Aktien ins Depot lege. Frage ist doch ob der ein oder andere Explorer solange sich mit der Ausgabe von neuen Aktien finanzieren kann...

[Wildschwein]

http://en.wikipedia.org/wiki/Falkland_Islands_Company

[schreigl]

Antwort auf Beitrag Nr.: 25.087.239 von Ramses2I am 02.11.06 18:49:11

habe falkland island und fogl schon seit ca. 2 jahren auf meiner watchlist, bis es wirklich "heiss" wird gehe ich von mind. 4 weiteren jahren aus.

[daxschaefchen]

Ja klar dauert das noch Jahre, aber ebenso könnte es jederzeit zwischendurch schon zu starken Kursrallyes kommen, aus den verschiedensten Gründen. Also sage ich mir, ich kaufe lieber jetzt diesen "Lottoschein" mit Geld das ich nicht brauche.

[Ramses2I]

Antwort auf Beitrag Nr.: 25.852.030 von daxschaefchen am 01.12.06 12:56:48

Ja mach das mal...wünsche dir viel Spaß dabei und entsprechend AUSDAUER. Vielleicht lege ich mir ja in fünf Jahren auch ein paar Scheine von Fogl ins Depot - vorher aber vermutlich nicht.

[al_sting]

http://www.fihplc.com/support/upload/Interimresults06.pdf

[Urlaub2]

Antwort auf Beitrag Nr.: 25.865.655 von Ramses2I am 01.12.06 18:59:53

In 5 Jahren ist FOGL vermutlich schon lange "gefressen" und du hast einen relativ sicheren 1000 % Gewinn verpaßt.



FOGL ist eine Riesenchance, selbst wenn die nur einen Bruchteil des Öls tatsächlich finden.

Deswegen würde ich die Falkland Island Holding nicht nehmen, soll aber kein Bashen sein.

Ich gehe von einem sicheren Bohrbeginn in 2008 aus, aus dem einfachen Grund, weil Tullow Oil als Partner groß genug ist, um ein eigenes drill ship zu kriegen.

[schreigl]

im moment drängt sich ein einstieg nicht wirklich auf.

[Wildschwein]

heute gehts ja gut ab bei Falkland,

haben die was gefunden???
zur Zeit plus 6% auf 275 Pence, die letzten Tage waren auch nicht schlecht:

[Ramses2I]

Antwort auf Beitrag Nr.: 26.524.961 von Wildschwein am 28.12.06 18:07:06

...wenn die was gefunden hätten würde doch kein plus von 6 % stehen sondern mindestens 100 % wenn nicht noch mehr.

[Humperdinck]

Falkland Islands Holdings plc (“FIH”) announces that on 12 January 2007 it entered into an agreement to sell its entire shareholding in Falkland Gold and Minerals Limited (“FGML”) totalling 11,250,000 Ordinary shares comprising 14.4% of the issued share capital of FGML.
The shares are being sold to RAB Special Situations (Master) Fund Limited (a fund managed by RAB Capital plc) the largest shareholder in FGML for 6p per share. The net consideration amounts to £673,000, generating a profit of £473,000 for FIH. The funds will be used in FIH’s businesses.

[tommster82]

Hallo zusammen,

kann mir einer mal den aktuellen Stand der Dinge zu den Falkland Inseln berichten. Habe mir gestern die alte Share Info Studie von Sven Lorenz durchgelessen. Aber ich bin doch irgendwo stutzig geworden als er die Ölvorkommen der Falkland Inseln auf 60 Mrd.Barell "geschätz" hat. Also für mich ist es sehr schwer zu glauben da es Ölfelder in nur annähernd dieser Größenordung geben soll die noch nicht endeckt sind.
Wie weit ist man mit den Bohrungen bei den Falkland Inseln ?
Gibt es einen genauen Zeiztplan bzw. wann ist mit ersten Ergebnissen zu rechnen ?
Warum ist es soruhigum die Aktie geworden ?

[Starman]

Antwort auf Beitrag Nr.: 27.276.525 von tommster82 am 29.01.07 17:37:18

Hallo hier meine letzten Infos zu FIH bzw. FOGL:

Riesiges Potential auf den Falklandinseln aber keine Bohrinsel in Sicht. Nach längerer Pause gab es endlich wieder Neuigkeiten von unserer Ölgesellschaft Falkland Oiland Gas (ISIN FK00B030JM18). Wie wir Ihnen bereits im Februar 2006 berichteten, hat die Gesellschaft ihre zweidimensionalen Untersuchungen abgeschlossen und ihren Zeitplan für die kommenden beiden Jahre festgelegt. Die Probebohrungen hatten sich verschoben und liegen auch nach wie vor in weiter Ferne, denn selbst das Konkurrenzunternehmen Desire Petroleum
ist weiterhin auf der Suche nach einer freien Ölbohrplattform. Ölgiganten wie zum Beispiel Shell haben den Markt vollkommen leergefegt, so dass es bislang kein im Falklandgebiet tätiges
Unternehmen geschafft hat, eine erste Bohrung zu machen.
Auf einer im Mai stattgefundenen Ölkonferenz von Oilbarrel.com (ein Portal für Firmen aus der Ölindustrie) gab FOGL einen kurzen Überblick über den aktuellen Stand der Dinge, der erneut
das riesige Potential unserer Spekulation deutlich machte. Laut der vorgetragenen Präsentation wurden bei den jüngsten Untersuchungen verschiedene Hinweise auf potentiell mehr als 60 Mrd. Barrel Ölreserven gefunden. Unter den über 100 genauer untersuchten Stellen befinden sich mindestens fünf, die auf mehr als jeweils 1 Mrd. Barrel Öl hinweisen. Ein einziges Ölfeld dieser Größenordnung wäre nach Berechnungen FOGLs ungefähr 8 Mrd. US$ wert. Aktuell wird
das Unternehmen an der Börse jedoch nur mit 207 Mio. US$ bewertet. Der Wert eines großen Ölfeldes entspricht demnach dem 38,65fachen der jetzigen Marktkapitalisierung der Gesellschaft! Werden hingegen mehrere „Elefantenfelder“ gefunden, entsteht ein nochmals
größerer Hebel nach oben. Solange noch nicht gebohrt wurde, bewegen wir uns weiterhin auf hochspekulativem Boden. Doch weitere elektromagnetische und seismische Untersuchungen werden die tatsächlichen Chancen auf Ölfunde in der Region weiter konkretisieren. Der Fokus liegt nun auf der Identifikation der zehn aussichtsreichsten Stellen innerhalb des Lizenzgebiets. Parallel dazu sollen Gespräche mit potentiellen großen Partnern stattfinden, unter denen das Interesse nach Aussagen FOGLs „signifikant“ sei. Kann der Zeitplan eingehalten werden, werden wie geplant im
kommenden, spätestens übernächsten Jahr die Bohrungen beginnen. Weitere Kursimpulse sind durch positive Ergebnisse der dreidimensionalen Untersuchungen oder durch Ölfunde anderer
in diesem Gebiet tätigen Unternehmen zu erwarten.

----

Das ist aus einem kostenpflichtigen Börsenbrief, der die Share-Infos von Sven Loenz übernommen/abgelöst hat. Aber wie unschwer zu erkennen ist, ist dieser Bericht aus dem letzten Jahr, um genau zu sein vom 05.06.2006. Ich habe bisher nichts neues gehört.

[Urlaub2]

Antwort auf Beitrag Nr.: 27.378.314 von Starman am 02.02.07 20:17:47

Richtig, auch laut Aussage von FOGL selbst ist Bohrbeginn in 2008.

Bei der großen Nachfrage weltweit werden Bohrinseln mit Hochdruck neu gebaut, so daß sich in 2008 schon eine finden wird.

Schließlich wollen sich alle Falkland-Firmen (FOGL, Desire, Tullow Oil, Rockhopper) zusammenschließen, um gemeinsam eine Bohrinsel zu mieten.

Dem Vermieter wird nicht nur viel Geld geboten, sondern auch eine Beteiligung an den großen Ölvorkommen.

Ich bezweifele deswegen nicht, daß das klappen wird.

Siehe auch den benachbarten FOGL-Thread.

[Wildschwein]

Falkland hat einen ordentlichen Terminkalender:

Investor information
Calendar

Year end
31 Mar 2007
Preliminary results
13 Jun 2007
Annual report
14 Jul 2007
AGM
11 Sep 2007
Dividend record
05 Oct 2007
Dividend payment
02 Nov 2007
Interim results
04 Dec 2007

[Wildschwein]

Investor information
Major shareholders
Number of shares % of issued shares
Artemis Investment Management 1,153,402 13.76
Jupiter Asset Management 515,488 6.15
INVESCO English & International Trust plc 333,644 3.98
L S Licht 791,250 9.44
Sir Harry Solomon 430,027 5.13

Last updated 30 September 2006

[Wildschwein]

http://www.fihplc.com/investorinformation/index.php?section=…

[Wildschwein]

Associated companies
FOGL

Falkland Oil and Gas Limited
16.3% shareholding; 15 million shares

www.fogl.com

A year ago, FIC had a 20% interest in the Falkland Hydrocarbon Consortium. In the last twelve months the consortium has been transformed into Falkland Oil and Gas Limited (FOGL) and tremendous progress has been made. FIC's parent company Falkand Islands Holdings (FIH) still retains an 16.3% interest in FOGL.

FOGL was admitted to AIM in October 2004 at 40p per share, raising £12 million in the process. At that time, it held a 77.5% interest in licences covering 33,700 sq km and the available data enabled eight leads to be investigated. In December 2004, FOGL applied for and was awarded a 100% interest in licences covering an additional 50,000 sq km.

Immediately following the share placing a 9,450 km 2D seismic survey commenced which was completed in May 2005. The seismic work provides a 2 dimensional map of the rock strata under the sea bed and is designed to identify potentially oil bearing formations. The results of the survey were encouraging and revealed leads both in the original licensed area but also in the totally unexplored northern licence area. To date some 130 leads have been identified compared with just eight at the time of the share placing.

Initial interpretation of the new data gives considerable cause for optimism. The preliminary results of the survey identify numerous Direct Hydrocarbon Indicators (DHI's) pointing to the presence of working petroleum systems. The leads are large and diverse, with some leads possibly covering areas of 300 to 500 sq km, sufficient to hold large reserves of oil or gas.

FOGL now represents a much larger project than originally anticipated and as a result the planned scope of the exploration programme has been increased far beyond that envisaged at the time of the share placing. The plan now is to conduct further 2D seismic work and a contract has already been signed to acquire at least a further 8,000 km of 2D. A 3D seismic survey over up to 2,000 sq km is also under consideration. The target is to develop a portfolio of about 20 high quality and technically drillable prospects by the end 2006, with drilling expected to start in 2008.

To fund the expanded programme, FOGL conducted a share placing in May 2005 in which FIH participated acquiring a further 2.3 million shares at 85p which resulted in a slight increase in the shareholding to 18.3%. The placing raised £10 million, which together with FOGL's existing cash resources of £11 million, will enable the Company to fund its planned exploration programme and cover all the Company's overheads through 2006. It is also anticipated that discussions will commence with potential operating partners in the second half of the year.

At 31 March 2005 the Group held 14,450,000 FOGL shares with a market value of £17.1 million. Following the share placing in May 2005 FIH owned 16,803,000 shares with a cost of £2.7 million. On 21 February 2006, FIH sold 1,802,941 shares in FOGL, representing 10.7% of its holding in FOGL and representing 1.96% of the current issued share capital of FOGL. The shares were sold for a net consideration of £2.4 million, generating a profit of £2.1 million for FIH. Following the transaction, FIH retains a shareholding of 15,000,000 shares in FOGL, representing 16.3% of FOGL´s current issued share capital.

Any oil and gas exploration production would be likely to have a dramatic impact both on the Islands' population, currently some 3,000 people and on the economy. FIC would be a major beneficiary of this. Already there is much activity in the region with a number of other companies exploring for oil and gas around the Falkland Islands. They include three other AIM listed companies, Desire Petroleum, Borders and Southern and Rockhopper Exploration.

FOGL shares have performed well since admission to AIM and FIH intends to be a long-term shareholder.

[al_sting]

Anlässlich der 25-jährigen Jubiläums des Falklandkrieges dürften sich jetzt die Presseartikel häufen.
Hier einer des Handelsblattes, der die Veränderungen der letzten 25 Jahre ganz gut zeigt.
FIH kommt auch vor - als Beispiel eines ehemaligen Monopolbetriebes, dem einige Krallen gestutzt werden mussten.

http://www.handelsblatt.com/news/Politik/International/_pv/_…

[Wildschwein]

Wann gibts eigendlich die Dividende und wieviel?
Die soll ja immer sehr zuverlässig fliessen.

[Andrija]

Antwort auf Beitrag Nr.: 29.117.207 von Wildschwein am 03.05.07 18:26:07

Die Dividende kommt immer in der ersten Novemberwoche. Letztes Jahr 0,07 GBP.

[Wildschwein]

Antwort auf Beitrag Nr.: 14.073.281 von SoWhat am 18.08.04 10:22:24

Hat einer NEWS zu den laufenden Bohrprogrammen?

Wie sehen die ersten Ergebnisse aus.
Ich schätze sollten sie positiv seine, dann wird vorab schon was durchsickern, dass den Kurs beeinflusst. (Andersherum natürlich auch).
Wir Ahnungslosen müssen auf die offiziellen Meldungen warten.

[al_sting]

Erst einmal würde es mich freuen, wenn ein Bohrturm den Weg zu den Falklands findet.
Bis jetzt wird da noch nichts gebohrt.

[Wildschwein]

Der Chart sieht so aus als würden die bald was finden..

[Ramses2I]

Antwort auf Beitrag Nr.: 29.173.429 von Wildschwein am 06.05.07 20:36:25

Dann schau einfach mal den Langfristchart von FIH an.
Hier ist eben als wichtigstes genügend Ausdauer notwendig.

Vielleicht klappt es...vielleicht auch nicht.

[Wildschwein]

Antwort auf Beitrag Nr.: 27.974.280 von Wildschwein am 26.02.07 10:28:14

http://www.oilvoice.com/Rockhopper_Exploration_Provides_Falk…


Press Release

Rockhopper Exploration Provides Falkland Islands Exploration Update
Wednesday, July 25, 2007
Latest Oilvoice Headlines
Santos Announces Record Second Quarter Production
BowLeven Announces Commencement of Drilling of IF-1 Exploration Well in Cameroon
Equator Exploration Announces Resignation of the Executive Chairman
PetroFalcon Corporation Announces LV-14 Test Results and Increased Oil Production in Venezuela
Woodside Approves Pluto Lng Project
Eni Announces Results for the Second Quarter and the First Half of 2007


Rockhopper Exploration plc, the North Falkland Islands explorer, announces that volumetric work has been completed on the Company’s leads and prospects in licences PL023 and PL024. The work suggests unrisked P50 recoverable reserves of in aggregate 2.5 billion barrels providing encouragement against the backdrop of an easing rig market.

Rockhopper is also pleased to report that it is further encouraged following an initial review of 3D seismic data covering licences PL032 and PL033, from where oil was recovered in 1998. The survey is the most modern 3D project undertaken in the Falkland Islands to date. Significantly, both structural closures and fan type bodies can already be seen.

2D data – PL023 & PL024 – target sizes

Rockhopper has now completed volumetric work using the 2D seismic data collected in 2006 on a number of targets in licences PL023 and PL024 which suggests unrisked P50 recoverable reserves of in aggregate 2.5 billion barrels.

All of these targets are in relatively shallow water depths of less than 200m. The potential range of target sizes is listed below. The minimum economic size is likely to be 35 to 50 million barrels recoverable. The Company believes that the net present value of a single 100 million barrel recoverable oil field would be between US$750 million and US$1 billion.

Recoverable oil - Millions of barrels (unrisked)

Beauchene
P10: 216
P50: 145
P90: 98

Bleaker
P10: 387
P50: 193
P90: 119

Concordia
P10: 60
P50: 44
P90: 20

Dolphin
P10: 543
P50: 287
P90: 49

Ernest
P10: 300
P50: 130
P90: 50

Golding
P10: 125
P50: 49
P90: 4

Keppel
P10: 812
P50: 580
P90: 365

Pebble
P10: 298
P50: 186
P90: 97

Saunders
P10: 679
P50: 434
P90: 171

Usborne
P10: 290
P50: 220
P90: 150

Weddell
P10: 394
P50: 254
P90: 108

These represent the best 11 structural targets in the opinion of the Directors. There are a number of smaller additional leads which have not been listed. The names are taken from Falkland place names. No reserves have been attributed to any stratigraphic leads which are likely to mature with further data acquisition.

Ernest, which is a 4 way closure with a positive CSEM anomaly, located in the North of PL024, remains the most attractive prospect.

3D Data – PL032 & PL033

Rockhopper expects to receive the final processed 3D volume at the end of July. This 3D covers an area of over 800 square kilometres and extends along some 30km of the untested eastern basin margin. Data acquisition took place between November 2006 and January 2007 and the survey is the largest of the three 3D surveys carried out in the North Falkland Basin.

The Company has already received the initial Quality Control (“QC”) volume. These data are of high quality and represent the most modern 3D undertaken in the Falkland Islands to date. The QC data volume is the entire data volume, delivered prior to the completion of processing. It allows the Company to make an initial interpretation of the data and also to finalise the processing work required.

The initial interpretation of the QC volume reveals a number of structural closures and two large fan bodies that can clearly be seen even at this early stage.

Once interpretation of the final processed 3D data is completed, prospects will be ranked and drilling locations will be decided.

Pierre Jungels commented:

“The data we have available to us is extremely encouraging and further reduces our exploration risk in the North Falkland basin. The target sizes in licences PL023 and PL024 provide confidence in the potential upside should any discovery be made in the area and with the rig market easing, our work will now focus on selecting the best targets for drilling.

Oil has already been recovered on licences PL032 and PL033 so the fact that we can see structural closures and possible fans on our 3D seismic in this area is highly significant and increases our confidence in the prospectivity of the acreage.

Note

While most of the targets listed above are entirely within Rockhopper acreage, others straddle the boundary between Rockhopper acreage and unlicensed acreage, or acreage licensed to other operators. For example, while approximately 95% of target Ernest (P10) is within Rockhopper acreage, the analysis above relates to 100% of the target.

No risking has been performed in calculating the numbers above. Where targets are basement structures, a 30m net pay has been assumed. Where targets are shallower closures, a net to gross of 0.65 has been applied to the volume. Conservative reservoir parameters have been applied throughout.

[Wildschwein]

Antwort auf Beitrag Nr.: 14.073.281 von SoWhat am 18.08.04 10:22:24

Weiss jemand wiso der Kurs so steigt die letzten Wochen??
Gibts NEWS???

[Urlaub2]

Antwort auf Beitrag Nr.: 31.146.358 von Wildschwein am 13.08.07 21:26:31

Weil die Hauptbeteiligung Falkland Oil stark gestiegen ist.

Das ist aber erst ein bescheidener Anfang bei Öl im Wert von wohl mehr als 1 Billion (!) Dollar.



Du kannst gerne im Nachbarthread mitlesen und posten.

[Hafturlaub]

Antwort auf Beitrag Nr.: 31.146.565 von Urlaub2 am 13.08.07 21:42:00

Billion= Milliarde

[Ramses2I]

Antwort auf Beitrag Nr.: 31.147.067 von Hafturlaub am 13.08.07 22:16:39

[Urlaub2]

Antwort auf Beitrag Nr.: 31.147.067 von Hafturlaub am 13.08.07 22:16:39

Falsch !

Sind voraussichtlich mehr als 1000 Milliarden Dollar Wert (= 1 Billion) !

Lest gerne mal drüben.

Auch einige Seiten zurückblättern.

[Wildschwein]

31.07.2007 10:54
Global Petroleum says reviewing Kenya, Falklands studies; seeks investments


LONDON (Thomson Financial) - Australia-based Global Petroleum Ltd (Nachrichten) said in its quarterly report that it is currently engaged in reviewing the study on Pomboo-1 blocks L5 and L7 in offshore Kenya to determine their remaining potential. The company had earlier reported unsuccessful drilling at its Pomboo-1 well.

It also said processing of data of Falkland Oil and Gas Ltd -- in which it holds 14 pct -- has commenced. The results of two surveys will be integrated with existing work to produce a short list of the best prospects for drilling,
set to start in 2008.

Global Petroleum said its joint venture partner, RWE Dea AG, is seeking to confirm a revised time frame for the Exploration Study Agreement covering blocks 4 and 5 of an area in offshore Malta with the Maltese government. The agreement was previously extended to March 31, 2007, along with RWE's farmin agreement.

The company added that its cash balance at end-June stood at 6.32 mln aud, and said it continues to review opportunities for acquisitions, joint ventures or investments in the resources sector, both domestic and overseas.

[e-mail]

apm/bsu/lce


COPYRIGHT


Copyright AFX News Limited 2007. All rights reserved.

The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.

[Wildschwein]

Progress report – Wednesday 8 August 2007
2D Seismic (survey completed)
The seismic processing continues at Fugro. About 30% of this dataset has now been received
at FOGL and interpretation is underway. We expect the processing of the survey to
continue into early September.
Controlled Source Electromagnetic (CSEM)
2 new lines have now been completed and the data has been sent to OHM in Aberdeen for
processing. Acquisition is progressing on the final part of the programme which will be
completed in August. Processing of the new data is expected to take 2-3 months to
complete.

[Wildschwein]

http://www.fogl.com/operations/documents/FOGL-ProgressReport…


Progress report – Wednesday 8 August 2007
2D Seismic (survey completed)
The seismic processing continues at Fugro. About 30% of this dataset has now been received
at FOGL and interpretation is underway. We expect the processing of the survey to
continue into early September .
Controlled Source Electromagnetic (CSEM)
2 new lines have now been completed and the data has been sent to OHM in Aberdeen for
processing. Acquisition is progressing on the final part of the programme which will be
completed in August. Processing of the new data is expected to take 2-3 months to
complete

[Wildschwein]

steigt weiter...

was braut sich da zusammen,
vielleicht kaufen die Wissenschaftler der Ölsucherfirmen schon Aktien?

Würds gerne mal wissen

[Wildschwein]

Antwort auf Beitrag Nr.: 14.073.666 von wattnu am 18.08.04 11:07:08

das geht ja schon jetzt ab bei Falkland und Konsorten,
was ist da los, meine güte,
jetzt heisst es anschnallen!!!





















die Rakete startet schon?

[Wildschwein]

Antwort auf Beitrag Nr.: 14.073.281 von SoWhat am 18.08.04 10:22:24

Falkland hat den Steigtrend erreicht!

Meiner Meinung nach!

Die kommenden Öluntersuchungen bereichern auf jeden fal die Holding, da ja der Hafen und die Läden und eine Menge Infrastruktur von Flk Holdings ist.
Ist meine Meinung!



mal sehen wann der grosse run beginnt,
das wird noch lustig

[Wildschwein]

Antwort auf Beitrag Nr.: 14.073.281 von SoWhat am 18.08.04 10:22:24

Wenn dass keine Charttechnik ist:


Wer dabei sein will sollte nicht mehr lange warten, der Zug fährt ab

[Ramses2I]

Antwort auf Beitrag Nr.: 31.323.323 von Wildschwein am 28.08.07 22:47:58

Aber schau dir doch mal an, von welchem Stand die Shares kommen.

[Urlaub2]

Antwort auf Beitrag Nr.: 31.323.323 von Wildschwein am 28.08.07 22:47:58

FIH muß verhindern, daß FOGL vorzeitig "gefressen" wird.

Ich denke, daß die mit RAB zusammen Wandelanleihen für den Kapitalbedarf von FOGL auflegen.

Wenn FIH und RAB (wenigstens annähernd) die Aktienmehrheit von FOGL bilden, kann nichts schiefgehen und FIH wird noch hoch steigen.

Ich habe übrigens nur FOGL-Aktien.

Vielleicht könnt Ihr für FIH noch Ideen entwickeln.

[SupermarioWin]

Substantiell ist FIH/ FBL ein sehr interessanter Wert. In einer früheren Studie von S. Lorenz hieß es einmal, dass der Wert Potential bis über 100 € hat. Und das bereits bei geringen Ölfunden.

Wenn man sich jetzt mal die letzten Schätzungen von FOGL iHv ca. 60 Mrd Barrel Öl vor Augen führt, erkennt man bei FBL einen klaren Value-Play.

Dazu noch ein prächtiger Chart- was will man mehr

Kurzfristig sollte der Wert Potential bis 8 -10 € haben. Langfristig deutlich mehr...

[Wildschwein]

Geht gut voran die letzten Tage und Wochen. Wenn dass so weitergeht sehen wir bald die 8 Euro. Komisch dass es nun seit laengerem gegen den allgemeinen Trend aufwaerts geht und dass ohne news..... Da spielen schon viele mit bei diesem play und es scheinen sich immer mehr anzuschliessen.
Ich koennte mir auch vorstellen, dass Falkland Holding es sich nicht nehmen lassen wird den Kurs mit meldungen zu pushen, das ist bei den Oelpreisen ein leichtes, fast Egal was in der Meldung drinstehen wuerde.

[Wildschwein]

Schaut Euch mal den Money flow index an, jedes mal wenn er so steil anstieg folgte bisher eine laengere Kurssteigerung. Sieht gut aus meiner meinung nach.

[Urlaub2]

Antwort auf Beitrag Nr.: 31.557.933 von Wildschwein am 13.09.07 11:34:16

Wer FIH-Aktien hat, kann ja mal nachfragen, wieso die Tochter Erebus gegründet wurde.

Wir rätseln im FOGL-Thread auch schon.

[ssk]

Antwort auf Beitrag Nr.: 31.562.166 von Urlaub2 am 13.09.07 16:27:56

Ich habe heute von meiner Bank die Mitteilung bekommen, dass ich die anstehende Dividende von FIH auch wahlweise in Wertpapieren beziehen kann.
Ex-Tag: 3.10.7
Bezugsfrist bis 28.9.07
Bezugsverhältnis: nicht bekannt (Aufgrund des derzeitigen Aktienkurses könnten Sie für ca 60 Aktien 1 neue Aktie beziehen)

[al_sting]

Antwort auf Beitrag Nr.: 31.742.223 von ssk am 25.09.07 21:12:27

Dito.
Bin für Aktienausschüttung, sofern sich dadurch keine weiteren Gebühren oder Steuern auftun.
Wer hat damit Erfahrungen?

[al_sting]

Gerade herausgekommen:
BHP Billington wird Farm-In-Partner für Falkland Oil& Gas und erhält dafür 40% der Öl-& Gaserlöse.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNew…

FIH sollte davon in zweifacher Hinsicht profitieren:
Zum einen als Teilhaber von FOGL. Die Beschaffung und Finanzierung von Bohrinseln sollte damit kein Problem mehr darstellen.
Zum anderen als Großunternehmer der Falkland-Inseln: Die Inseln als Basislager für die Ölförderer werden unter Garantie profitieren, damit auch FIH.

[Andrija]

Antwort auf Beitrag Nr.: 31.817.460 von al_sting am 02.10.07 14:51:49

Sehe ich genauso. Insofern entäuscht mich der verhaltene Kursanstieg doch etwas. Unabhängig davon, ob die Öl finden, dürften die FIH-Ergebnisse für die nächsten 3 Jahre im Hinblick auf den Hafen, Hotel und Immobilienpreise durch die Ölmannschaften mächtig anziehen. Ich gehe mal davon aus, dass das von vielen noch nicht so recht realisiert wurde.
Mag der FOGL-Vertrag ggf. schlecht verhandelt sein, mit FIH ist man definitiv auf der sicheren Seite und es lässt mich ruhiger schlafen, den Löwenanteil in FIH investiert zu haben.
Eine derzeitige Dividendenrendite von rd 1,7% ist dabei ein zusätzlicher Schmankerl. Bis zum 05.10. kann man sich die diesjährige noch sichern.

[MrRipley]

Antwort auf Beitrag Nr.: 31.820.842 von Andrija am 02.10.07 18:09:24

Was willst Du als kleines Unternehmen machen, wenn Du kein Geld für Bohrinseln hast(was in die Milliarden geht) ?

Die Großen sind in der besseren Verhandlungsposition, und dafür hat FOGL es sehr gut gemacht!

[Andrija]

Deswegen habe ich ja auch ggf geschrieben - ich kann es einfach nicht beurteilen.

[Andrija]

Hat eigentlich mal jemand über FMGL nachgedacht?

Der Mineralienexplorer besteht aus 11.250.000 Aktien. Lt. Halbjahresbericht vom Juni diesen Jahres hat man 4,9 Mio. Pfund Cash. Das sind rd.7 Mio. EUR. Pro Aktie gibt es also Cash-Reserven von über 60 Eurocent. Würden die die Geschäftstätigkeit einstellen würde man auf dem aktuellen Kursniveau seinen Einsatz verfünffachen.
Sollte ein klares Zeichen von Unterbewertung sein.

[al_sting]

Antwort auf Beitrag Nr.: 31.843.784 von Andrija am 04.10.07 16:25:38

Ich denke, FIH weiß gut, warum es seine FGML-Anteile billig verscherbelt hat. Die Firma hat auf den Falklands keinen Erfolg gehabt und will jetzt weiter südlich, Antarktis, weitersuchen, bis die Knete alle ist. Das Geld ist m.E. versenkt.

[al_sting]

Die Chefs einiger in den Falklands engagierter Öl-Explorer haben eine gemeinsame Präsentation abgehalten, über die in diesem recht informativen Artikel berichtet wird. Für gesteigertem Interesse für FIH ist der letzte Abschnitt. In diesem wird klar, dass FIH eben nicht nur von seiner Öl-Beteiligung FOGL profitieren wird.

Ciao, Al Sting

http://www.falklandnews.com/public/story.cfm?get=4694&source…

HYDROCARBONS DAILY RECORD: THURSDAY, 04 OCTOBER 2007
By J. Brock (FINN)

TODAY’S BIG NEWS:
(Falkland Islands)

OIL OPERATORS’ PUBLIC MEETING REPORT (04/10/2007)

By J. Brock (FINN)

An oil operators’ public meeting was held in the Court and Council Chamber of the Town Hall at 1700hrs on Thursday, 04 October 2007. Present were Mrs. Phyl Rendell, Director of Minerals and Agriculture, Dr. Phil Richards, British Geological Survey (GBS), Cllr. Dr. Andrea Clausen, Dr. Colin Phipps (DES), Mr Tim Bushell (FOGL), Dr Howard Obee (BOR), Mr. Sam Moody (RKH), Mr. John Hogan (ARGOS) and Dr John Perry (RPS).

Mr. Tim Bushell gave a Power-Point presentation on behalf of the operators present and began by telling the 30 members of the public that were present that the North, South and East Falklands Basins were near the Magalanes and Malvinas Basins to the south and east where commercial amounts of oil are being discovered and exploited.

He then went into a brief history of exploration in the North Falklands Basin in 1997/98, commenting that there were six wells drilled and though no commercial quantities of hydrocarbons found Desire Petroleum carried on with additional seismic. Other companies such as Rockhopper Petroleum and Argos operating in the north and FOGL and Borders & Southern decided to explore in the south. In this new round of exploration interest there has been no exploration drilling though Desire Petroleum is ready to drill as soon as a rig is available.

Mr. Bushell said that it was good to have BHP Billiton sign a farm-in agreement because it meant that an appropriate rig could become available sooner rather than later and an agreement signed means that exploration wells had to be drilled within the next three years. He went on to say that other large oil companies could be interested in the area if they think BHP Billiton could be successful.

The risk level also has to be dealt with. Thanks to new technology like 3D seismic and CSEM there is a better picture of what is beneath the seabed in the prospects that have been pin-pointed by the 3D Seismic. Big companies are not willing to invest unless the risk assessment is one in three at least. This is a frontier area and this must be taken into account when investing. Mr. Bushell said the sovereignty issue is in the background as well.

Dr. John Perry then presented a slide show about the Environmental Impact Assessment process. It was RPS that did the Environmental Impact Assessment for Desire Petroleum in 2005/06. He said that before any drilling goes on the assessment has to be done. Baseline studies have to be done but if there is any missing information it has to be acquired before the assessment report is presented in the Gazette, for public consultation, and on to the UK for review.

Mr. Bushell then explained the Farm-in deal with BHP Billiton by saying that FOGL had been approached by them and it took a year for them to make a decision to take the risk to explore in the South and East Falklands Basins. BHP have a successful deep water drilling programme and the appropriate drill ships to complete exploration here. There could be 6 to 10 wells and the rig or drill ship would be committed for a year. Mr. Bushell and a representative from BHP will be coming to the Falklands in January.

He went on to say that acquiring the right rig to do the job would be easier for BHP. There was mention of an LNG plant that could be a possibility for an offshore island in the Falklands. This is only a possibility, he stressed and it would only come about if large commercially viable amounts of natural gas were found.

A member of the public asked how it was possible to estimate how much resource was beneath the seabed. Dr. Phipps explained that with new technology the size of the “Traps” could be assessed and the amount of hydrocarbons in them could be estimated.

Oil slicks had been found via satellite in the North Falklands Basin and the Shell data indicated that the thick source rock extends that far north. Estimates of 60Billion barrels in the area that have been created and expelled have been identified by Shell.

FOGL has found oil and gas chimneys that are easy to identify because oil has a calming affect on the sea. Several passes of the satellite helped to discern whether it was a ship clearing out its bilges or a true oil/gas chimney.

Operators agreed that data from each new well would be shared as the drill rig/ship would be shared. Dr Phipps explained that there are 30 new rigs ready to begin service as well as old rigs being refurbished and the increased numbers would help to bring the per day price down. He explained that a drill ship or a dynamically positioned rig would be suitable in all water depths around the Falklands. A drill ship is easier to move around than a dynamically positioned rig and money could be saved using a drill ship due to the time savings transiting between one prospect and another.

A question was asked about support services and onshore activity. Business would increase in many areas – food, accommodation, warehousing, office space, etc. There would need to be unspecified facilities for a helicopter at the Stanley Airport and 24/7 access for all infrastructure involved with the oil business.

[Popeye82]

spekulativ phantastisch -genau mein Ding!!



Dann hoffen wir mal auf den grossen Wurf,
obwohl man ja scheinbar einiges an Zeit mitbringen müssen wird.


Kann mir vielleicht jemand sagen,
welche der in dieser Region tätigen
-kleinen- Unternehmen noch (besonders) reizvoll aussehen?


Popeye

[al_sting]

Antwort auf Beitrag Nr.: 32.102.797 von Popeye82 am 22.10.07 00:07:07

Die in der Region aktiven ölsuchenden Firmen sind sämtlich in obenstehendem Artikel aufgeführt.

[Wildschwein]

Geht schon wieder rauf

[Wildschwein]

Dividende ist eingetroffen

[al_sting]

Halbjahreszahlen von FIH:

Falkland Islands Holdings
Interim results for the six months ended 30 September 2007

Falkland Islands Holdings (“FIH”), an AIM quoted company operating a range of businesses in the Falkland Islands and the Portsmouth Harbour Ferry Company (“PHFC”) in the UK, announces its interim results for the six months ended 30 September 2007.

Financial Highlights:
– Turnover from continuing activities up 3% to £7.5 million (2006: £7.3 million)
– Profits before taxation rose 25% to £794,000 (2006: £634,000)
– Earnings per share increased 28% to 6.4p (2006: 5p)
– Equity shareholders funds at 30 September 2007, reported under IFRS for the first time were £36.9 million up from £24.7 million as at 31 March 2007
– Group’s cash balances remain healthy at £4.9 million
– No interim dividend proposed

Operating Highlights:
– Encouraging results achieved from Falklands businesses:
- Better illex squid catches resulted in good growth from fishing agency and support services
- Retailing operations only marginally ahead of last year; good progress made with refurbishment and reorganisation of DIY operations
- General trading activity aided by increase in visitor numbers due to 25th Falklands War Commemoration

– Good results from PHFC:
- Revenues increased 4.8% to £1.88 million
- passenger numbers up by 1.5%; the first time since 2004 that a real increase in passenger
numbers has been experienced

– Shareholding in Falkland Oil & Gas (“FOGL”) 15 million shares (16.2%)
- FOGL completed CSEM and infill 2D seismic surveys; initial results are encouraging
- FOGL has concluded a farm – out agreement with BHP Billiton (“BHPB”) by which BHPB will gain a 51% interest in its licences, pay 68% of costs through 2 wells and reimbursed FOGL $12.75 million in respect of previously incurred costs

Outlook:
– Good start to the year provides confidence for continued growth for the year to March 2008
– Increases in exploration activity and the future drilling campaign are expected to provide opportunities in the Falkland Islands
– Continuing to seek suitable acquisition which will enhance shareholder value

David Hudd, Chairman of Falkland Islands Holdings plc:
“The group has continued to make good progress during the period. Particularly encouraging were the improved results from the fishing agency, whilst the re-organisation of the retailing and DIY businesses should strengthen customer appeal.

FOGL has continued to move forward with the completion of a successful exploration programme and the introduction of BHP Billiton as a partner. The farm-out secures the drilling of two wells on the acreage and FOGL is now funded through a significant proportion of the near term exploration programme. Your Group has a substantial stake in FOGL and will also benefit from the demand for support services in the Falklands from the exploration contractors.

The Board remains confident that the Group will continue to deliver solid growth whilst also looking to identify suitable acquisitions to deliver further value for our shareholders.”

5 December 2007

http://www.fihplc.com/support/upload/Interim2007rel.pdf

[Ramses2I]

Also bei €uro 3,50 werde ich mir auch ein paar Aktien von FIH in das Depot legen... vorher nicht - man muss ja nicht mehr bezahlen als nötig.

[Andrija]

Antwort auf Beitrag Nr.: 32.677.806 von Ramses2I am 05.12.07 21:55:59

Na dann verpass mal nicht den Einstieg! 3,50 EUR? Dann müssten von FOGL richtig schlechte Nachrichten kommen und dann brauchst Du bei 3,50 auch nicht mehr kaufen. 3,50 sehen wir zum Glück nicht mehr - meine Meinung.

[tigges06]

Abwarten und Tee trinken

[al_sting]

Am Wochenende in der britischen Times:

Secret of treasure islands

The Falklands is sitting on deep-sea oil riches that could turn out to be worth a fortune

Later this year, the Falklands’ 3,000 islanders should learn whether it will become the richest nation on earth. A floating oil rig will drill up to a dozen test wells deep into the sea bed around the British overseas territory. The findings should settle a decade of speculation over whether the islands lie in a particularly lucrative oil field.

Over the past few years, cutting-edge technology has been used to probe the bed for the likely location of black gold. Now the last surveys are drawing to their close, the data is being analysed and interpreted and shortlists of promising possibilities are being drawn up. The oilmen are waiting on the rig to put their educated hunches to the test.

Tim Bushell, chief executive of Falkland Oil and Gas Limited (FOGL), says: “There could be billions of barrels of oil but we can’t definitively say until we drill some wells.”

The hunt for Falklands oil has been led by four firms that, between them, employ no more than two dozen geologists, legal and financial experts – FOGL has just five employees. Although based in small offices in London, Malvern and Salisbury, each company holds licences to exploit vast swathes of the south Atlantic sea bed.

When the search for Falklands oil was first taken up, a consortium of big companies, led by Shell, carried out survey work. In 1998, it drilled a cluster of six test wells. Traces of oil were found, but none of the deposits appeared to be commercially viable. Many, however, felt the matter had remained unresolved.

John Brooks, former head of exploration and licensing at the Department of Trade and Industry (now the Department for Business, Enterprise and Regulatory Reform), described Shell’s test wells as “a bit of a tease”, certainly insufficient to write the Falklands off. About six years later, the four smaller players – Desire Petroleum, Borders & Southern Petroleum, Rockhopper Exploration and FOGL – reassessed the geological data, acquired their licences and resumed the hunt.

The millions of pounds of investment raised by the firms – Rockhopper alone has attracted £17.9m – have been spent scouring rocks for hints of oil two miles beneath the sea bed in submarine basins to the north and south of the islands.

Rockhopper and FOGL have employed a new technique using electromagnetic rather than sound waves to explore the subterranean landscape. The technology is called controlled source electromagnetic (CSEM) surveying, and Rockhopper recently unveiled the first CSEM image of what could prove to be oil in the Falklands area. It shows a patch of high electrical resistance beneath the sea bed at a site called Ernest. This patch could be a pocket of hydrocarbon, surrounded by rock saturated with sea water. “We think that’s oil trapped in that structure,” says Sam Moody, managing director of Rockhopper, based in Salisbury.

None of the companies has the resources to do this work themselves. They buy in what they need, when they need it – reflecting a trend towards outsourcing exploration and production throughout the industry. Big companies are retaining fewer in-house technical specialists and increasingly relying on consultants, many of whom are former employees. Small companies do not have the full range of necessary expertise in the first place.

“FOGL is more like an informed investment bank than a traditional oil company,” says Bushell. Not only are specialists hired to carry out particular tasks for FOGL, but firms such as RPS, an energy and environmental consultancy, are brought in to manage each subcontracted step of the exploration process. RPS has three staff on a survey ship working in the area, including an observer to ensure that whales and dolphins are not affected. They are supervised, in the field and from the UK, by Jon Perry, a 36-year-old environmental manager.

“I am an environmentalist and I try to make concrete changes to how things are done, so that when operations go ahead, they do so in the best possible way,” he says.

Perry worked in the oil industry after getting a degree in geophysics at Durham University. He then took a masters degree in environmental impact assessment and has been a consultant ever since. His work with RPS takes him all over the world.

Oil exploration can be challenging work. “In the Falklands, rough weather disrupts survey work, while getting to the islands is not easy,” says Bill Patterson, marine projects manager with RPS. “The history with the Argentinians, who still claim the islands 25 years after the war with the UK, makes access from South America difficult.” But the oil companies are in high spirits.

Experts at the British Geological Survey (BGS) have estimated that the geological conditions in the North Falkland Basin alone could have created about 100 billion barrels’ worth of oil. Moody says: “We know there’s oil – I’ve seen it myself. The question is whether we find enough to make it commercial.”

Phil Richards, who works for the BGS and advises the Falklands Islands’ government, puts the chances of success at between one in five and one in 12. But with the price of oil at a record high and the Falkland Islands charging a corporate tax rate of 25% and royalties of just 9%, the potential rewards make it worth the risk.

Moody says a big discovery would boost the value of Rockhopper from about £40m today to more than £500m. The oilmen also calculate that their success might make Falkland Islanders the richest people on earth.

http://www.timesonline.co.uk/tol/life_and_style/career_and_j…

[wolfgang1234]

aus derStandard.at/Politik vom 22.9.2007
Was mag wohl dahinter stecken, dass Grossbritannien die Zuerkennung des erweiterten Gebietes um Falkland bei der UNO beantragt hat?

http://derstandard.at/?url=/?id=3045908
London beansprucht rohstoffreiches Gebiet im Südatlantik
Zuerkennung der Gegend um Malvinas bei UNO beantragt
London - Die britische Regierung beansprucht laut einem Pressebericht ein rohstoffreiches Gebiet um die Falkland-Inseln im Südatlantik und könnte damit einen neuen Konflikt mit Argentinien auslösen. London wolle einen Antrag bei den Vereinten Nationen stellen, um zehntausende Quadratmeter Meeresboden um die Malvinas (Falkland-Inseln) zugesprochen zu bekommen, berichtete die Zeitung "The Guardian" am Samstag. Der Boden sei reich an Erdöl, Gas und Mineralien. Die Maßnahme könnte den Streit zwischen Großbritannien und Argentinien um die Inselgruppe neu anheizen. Vor 25 Jahren hatte London die 13.000 Kilometer von Großbritannien entfernten Inseln in einem blutigen Krieg gegen den südamerikanischen Staat verteidigt.

Weitere Ansprüche

Laut "Guardian" will die britische Regierung nun einen Antrag bei der UN-Kommission zur Begrenzung der Kontinentalsockel (UNCLCS) stellen. Im Mai 2009 läuft eine internationale Antragsfrist aus. Jeder Staat kann bis dahin geologische und geophysische Daten vorlegen und beantragen, neue kontinentale Begrenzungen festlegen zu lassen. Diese Grenzen können bis zu 350 Kilometer von ihrem eigentlichen Land entfernt liegen anstatt wie bisher 200 Kilometer. Neben dem Meeresboden um die Falkland-Inseln, die die Argentinier Malvinas nennen, beansprucht London Gebiete um die zwischen Brasilien und Afrika gelegene Ascension-Insel und um die umstrittene winzige Insel Rockall im Nordostatlantik.

Chris Carleton, Leiter der Seerechtsabteilung des britischen Amts für Hydrographie, sagte dem "Guardian", über Rockall werde es kommende Woche Gespräche in der isländischen Hauptstadt Reykjavik geben. Die Falkland-Inseln bürgen das größte Potential für diplomatische Spannungen. Bislang durfte Großbritannien innerhalb des normalen Abstands von 200 Kilometern um die Falkland-Inseln den Meresboden erkunden. Laut Carleton will London die 350-Kilometer-Begrenzung, die künftig unter bestimmten Bedingungen erlaubt sein soll, nicht ausschöpfen. (APA)

[Wildschwein]

Antwort auf Beitrag Nr.: 14.073.281 von SoWhat am 18.08.04 10:22:24

Was ist heute los,
haben die nun Öl gefunden oder was????
heute guter Umsatz und Intrady.

Weiss jemand was,
auf der HP steht nix

[al_sting]

Antwort auf Beitrag Nr.: 33.467.690 von Wildschwein am 25.02.08 15:24:06

Desire hat ein Farm-In-Vertrag.
Daraufhin sprang deren Aktienkurs um ca. 60%.
Von so einem Farm-In profitieren natürlich auch FIH und FOGL

[Wildschwein]

Ahh, was ist genau ein "Farm in" Vertrag,
eine Lizenz zum Fördern, oder was.

Wenn wegen sowas der Kurs schon so sensibel ist, wie gehts dann erst ab wenn der erste Tropfen Öl fliessen sollte???

[Wildschwein]

[Wildschwein]

Wenn die nach den seismischen Untersuchungen jetzt immernoch Bohren wollen......
dann würde mich nicht wundern, wenn die auch Öl finden würden.



Desire Petroleum finds a farm-in partner
Industry Sector
Oil & Gas Exploration & Production

Desire Petroleum plc has announced that it has accepted the terms of an offer from a significant party to farm-in to three of its eighteen exploration prospects in the North Falkland Basin.

Desire will be carried for the cost of two wells and the mobilisation and demobilisation of a rig to the Islands. The statement did not say what percentage interest in the three prospects Desire would be giving up.

The terms of the farm-in have not been disclosed as the deal is subject to certain awards and approvals by the Falkland Islands Government which are being applied for.

The statement added that at current rig rates, in addition to the two farm-in wells Desire has sufficient resources to be able to drill two wells for its own account in the North Falkland Basin. A rig has not yet been contracted.

Desire Petroleum and Rockhopper Exploration have interests in the North Falkland Basin while Falkland Oil & Gas and Borders and Southern have interests to the south and east of the Falkland Islands. The current state of play for exploration around the Islands is:

Falkland Oil and Gas announced a farm-out to BHP Billiton last year.
Desire Petroleum have announced a farm-out to an unnamed party today.
Rockhopper Exploration announced last week that it had completed 3D interpretation and was now expecting to embark on a farm-out and/or fundraising process ahead of drilling.
Borders and Southern announced the completion of a 3D seismic survey.

Monday, February 25, 2008



Relevant Companies

For more Company information and share price data click below:

Desire Petroleum plc

Description
Desire Petroleum plc is a UK independent exploration company listed on the UK Stock Exchange Alternative Investment Market (AIM). Desire was established in 1996 to participate in the First Round of licensing offshore the Falkland Islands and in October 1999, Desire merged with Gaelic Resources plc.

URL
http://www.desireplc.co.uk

Chairman
Colin Phipps

CEO
Dr. Ian Duncan


Falklands Oil & Gas plc
Rockhopper Exploration plc
Borders & Southern Petroleum plc

[Urlaub2]

Antwort auf Beitrag Nr.: 33.472.898 von Wildschwein am 25.02.08 22:10:40

Kleinere Explorer wie FOGL oder Desire können alleine kein teures Rig mieten, deswegen wird der große Partner BHP Billiton benötigt (=farm-in).

Wenn FOGL 2 Bohrungen plant und Desire sogar 4, wird sicher Öl gefunden, wovon FIH definitv profitiert.

Ich habe FIH zwar nicht, aber bei einem Ölfund werden konservative Investoren bei FIH als Muttergesellschaft von FOGL Schlange stehen, auch ein Fund bei Desire bringt FIH was.

[Wildschwein]

alkland geht durch die Decke,
mehrere Zig % seit wenigen Tagen.



Das Farm in scheint schon Hoffnungen zu machen

[Andrija]

Antwort auf Beitrag Nr.: 33.473.042 von Urlaub2 am 25.02.08 22:22:21

Deswegen versteh ich nicht, warum alle sich nur auf FOGL stürzen! FIH ist 2x FOGL und die restliche Falklandphantasie gibt es mit der Fährlinie und rd. 0,50 EUR Liqui für jetzt gut 2 EUR obendrauf.

[Wildschwein]

Wenn dass kein sexy start ist....

[Wildschwein]

Hat die neue Zeitrechnung auf Falkland begonnen?


vor dem Erdölboom,



seit dem Erdölboom??




Bin auf die Befunde nach den Bohrungen gespannt

[daxschaefchen]

Die FIH wird auf jeden Fall erstmal profitieren, egal ob nun Öl gefunden wird oder nicht. Da kann der Kurs schonmal bissel vorab steigen.

[daxschaefchen]

LONDON (Dow Jones)--Falkland Islands Holdings (FIH) said Thursday that it
notes the increase in its share price and announced the potential acquisition
of a U.K. based company, which would be partly financed by the issue of new FIH
shares, is at an advanced stage of negotiation.

The increase in share price may be attributable to the announcement by Desire
Petroleum of a farm-in agreement and drilling of exploration wells in the North
Falkland basin, the company said.

[Andrija]

Kann mir das mal jemand mit der Akquisition von Mormat erklären? Die brauchen nur auf den Öldeal des Jahrhunderts zu warten und verwässern Ihre Aktien in dem Sie einen Bauchladen nach dem nächsten aufmachen!? Kann ähnlich wie bei der Fährline keine Synergieeffekte erkennen!

[Andrija]

Antwort auf Beitrag Nr.: 33.569.824 von Andrija am 06.03.08 16:47:48

Dear Chairman, dear Management Director,
auch ich möchte mich gerne an Ihrer genialen Diversifikationstrategien mit dem Projekt „Cake for Oil“ beteiligen. Hierzu möchte ich gerne meine „Ein-Mann-Unternehmung“ „Gradma´s Cheesecake Ltd.“ gegen nur 5 Promille (Hicks) FIH-Aktien tauschen. Ich bringe Omas Kuchengeheimnis ein. Die Vorteile liegen auf der Hand:
• Warum auf das eklige Öl warten, wenn man jetzt schon leckeren Käsekuchen essen kann? Da hat jeder Aktionär Verständnis für!
• Solid Growth auf dem kaufkraftsstarken Berliner Markt – endlich ein Standbein in good old Germany
• Dienstreisen in die pulsierende Berliner Hauptstadt – endlich mal weg und das auf Firmenkosten von den langweiligen Inseln
• Deutliche Synergieeffekte - Gradma´s Cheesecake auf allen Ferrys, Cheesecake auf jeder Vernissage; auch ich halte einige FOGL-Aktien - wir generieren also auch hier hohe Synergieeffekte
• Es werden nur 5 Promille FIH-Shares abgegeben – die Talfahrt des Kurses wird sich gegenüber dem Verschenken von 7% der Falkland-Island-Shares deutlich in Grenzen halten
• Extreme Sicherheiten durch Financial Engineering of German-Arbeitsamt so called „Existenzgründungshilfe“
Sollte meine Konzept nicht überzeugen, was mich bei der derzeitigen „Bauchladen-Strategie“ wundern würde, eröffne ich auch alternativ einen Burger-Shop-am Hafen für die hungrigen Ölmänner.
Yours faithfully Andrija

…mal im Ernst, glauben die eigentlich selber noch an einen signifikanten Ölfund wenn die Hütte schon im Vorfeld gnadenlos verramscht wird? Welche shareholder segnen denn diese Geschäftspolitk eigentlich auf dem General Meeting ab? Insbesondere alle Großaktionäre kaufen doch nicht wegen einer Dr. Oetker-Strategie sondern setzen voll aufs Öl! Bin fassungslos und auf 180. Meine Prognose, der Kurs steht morgen zwischen 350 und 370 Pence.

[Ngemelis]

Antwort auf Beitrag Nr.: 33.573.106 von Andrija am 06.03.08 21:34:58

Hi Andrija,

kann deinen Frust absolut verstehen. Bei der Portsmouth Uebernahme war ich auch so richtig pissed off. Die jetzige Uebernahme war ja eigentlich schon laenger geplant und angekuendigt. Nun Momart, eine Art Logistic comany!!!!... da muss man erst einmal drauf kommen....
Ich bin zumindest froh, dass der Preis zum grossen Teil in Cash bezahlt wurde. Die Verwaesserung haelt sich also noch in Grenzen. Ich hatte schon etwas groesseres befuerchtet !
Das soll natuerlich nicht heissen, dass ich diese Uebernahme nachvollziehen kann, bzw. befuerworte !

Hoffen wir mal, dass der Uebernahmehunger erstmal gestillt ist

Gruss
Ngemelis

[Andrija]

Antwort auf Beitrag Nr.: 33.574.797 von Ngemelis am 07.03.08 08:20:10

Hi Ngemelis,

leider ist der Übernahmehunger nicht gestillt. Ich habe irgendwo in der Mitteilung oder Präsentation gelesen, dass das erst der Anfang einer Strategie sein soll. Diese Ankündigung kommt bei mir wie eine Drohung rüber.
Als Strategie kann ich nur erkennen, dass der Vorstand noch seine Kumpels aus unterschiedlichen Branchen am Ölreichtum beteiliegen möchte. Da ich keiner seiner Buddys bin, wird er wohl leider auf mein Angebot nicht eingehen. Alles andere ist aus meiner Sicht nicht plausibel. Was ich nur absolut nicht verstehe, dass die Aktionäre die Strategie mittragen. Ich habe auch noch nie eine Einladung zur HV gesehen, fragt sich wie das so abläuft!?
7% finde ich eine gewaltige Verwässerung. Ich habe gut 1/3 meines Depots in Falkland. Wenn das so weitergeht, bin ich irgendwann sogar an den Bauchhändlern der Londoner Fußgängerzonen beteiligt. Für diese Art von Depotdiversifikation brauche ich kein Falkland Management, das kann ich alleine. Leider habe ich nicht so viel Geld um meinen Depotanteil am Ölertrag kontinuierlich zu erhöhen, um die Bauchladen-Strategie zu kompensieren.
Weiter in FIH zu investieren heißt derzeit leider nur hoffen, dass die Ölbohrer schneller sind als die Dünnbrettbohrer im Vorstand. Ich hatte mir das deutlich anders vorgestellt.
Grüße Andrija

[schlangenmeister]

Drilling for oil to start in Falkland Islands

By Jasper Copping
Last Updated: 12:55am GMT 09/03/2008

The inhabitants of the Falkland Islands are preparing for a South Atlantic oil rush which they hope will make them among the richest people in the world.

A fisherman moors a trawler in the Falklands
The fishing industry has been the largest contributor to the economy of the Falkand Islands

After 10 years of frustrating delays since oil fields containing up to 60 billion barrels of "black gold" were discovered off the islands, oil....


http://www.telegraph.co.uk/news/main.jhtml?xml=/news/2008/03…

[al_sting]

The Falklands: Will there be oil?

By Ben Bland
Last Updated: 11:45am GMT 10/03/2008

Cynics may still scoff at talk of oil being found in the Falkland Islands but the share prices of the four Falkland oil prospectors listed on Aim have surged in recent weeks as retail investors whipped themselves up into something of a frenzy.

The catalyst was the news that Desire Petroleum has reached a 'farm-in' agreement with a "significant" yet unnamed party, which could lead to two exploration wells being drilled in its acreage north of the Falkland Islands.

The potential drilling partner is rumoured to be Arcadia Petroleum, a London based oil trading group that has recently moved into exploration and production. Arcadia is partly owned by John Fredriksen, the Norwegian-Cypriot shipping tycoon who controls a number of oil services companies.

Coming just months after Falkland Oil and Gas's agreement with natural resources giant BHP Billiton, it raised expectations that exploratory drilling could soon be under-way.

The reason for the excitement is that the prospectors - Desire, Rockhopper, Borders & Southern and Falkland Oil and Gas - believe there could be more than 14bn barrels of oil offshore of the islands. That is no trifling amount given that oil is trading at record levels, above $100 a barrel.

However, there is no mistaking the fact that this is an incredibly high-risk exercise and some of the more enthusiastic investors appear to have got ahead of themselves. The Falklands government estimates that the chances of finding oil are only between 1-in-5 and 1-in-12.
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"Some retail investors have got rather over-excited," explained Tony Alves, an oil analyst at KBC Peel Hunt, Falkland Oil and Gas's house broker. "You can't do a rational analysis because you have no idea of what probability of success to attach to these various ventures. But it's not just about finding oil, that's just step one. Then you need to be able to show you can produce it commercially and get on with it."

In addition, the soaring global demand for rigs makes it unlikely that progress - even at this early stage - will be too rapid.

Tim Bushell, chief executive of Falkland Oil and Gas, said he was hopeful that the he would begin drilling next year.

The problem is not just the shortage of available rigs, it's the expense. The record oil price has also pushed the cost of oil services higher and it now costs up to £250,000 a day to rent a semi-submersible oil rig.

The remote location of the Falklands Islands makes life even more difficult for the prospectors as they will have to foot the bill for the significant expense of transporting the rigs to and from the area.

Analysts estimate that Falkland Oil and Gas and BHP's two well drilling programme will soak up around £45m. This isn't the first time that oil companies have tried to discover oil in the Falklands. In the late 1990s, a number of oil companies, including Royal Dutch Shell, drilled six wells in the North Falkland basin. Two of them showed positive traces but, with oil at just $15 a barrel, the companies decided that it was not worth their while continuing.

Mr Bushell, who worked on Lasmo's abortive North Falklands drilling campaign in 1998, is hoping that he can get it right this time. "I'm looking at a completely different area and I believe the South is bigger and better," he explained.

"If the next drilling round is not successful, they could drill again after revising their view," added Mike Summers, a councillor and spokesman for the Falkland Islands government. "I'm not sure it's s*** or bust yet."

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/…

[Ramses2I]

Antwort auf Beitrag Nr.: 33.576.388 von Andrija am 07.03.08 11:01:39

Ich habe gut 1/3 meines Depots in Falkland.

Meinst du nicht, dass dies eine ziemlich gefährliche Aufteilung ist.

[schlangenmeister]

Rigging the Falklands oil race

Created:
18 March 2008
Written by:
Daniel O'Sullivan

Shares in Aim-quoted Desire Petroleum took off recently on news that it has recruited a farm-in partner to help fund the considerable cost of mobilising a drilling rig to explore three oil prospects offshore of the Falkland Islands. Shares in fellow Falklands explorers Rockhopper Exploration and Borders & Southern Petroleum also rose strongly, on hopes that all will benefit from having a rig in the remote South Atlantic region. But the reality is not that simple.

Advertising

Desire has not yet named its partner. Non-executive director Stephen Phipps says this will follow Falkland Islands government approval of the deal, and he will not confirm market gossip that the incomer is privately-held London-based oil trading company Arcadia Petroleum. If Arcadia is the partner, its shared ownership with offshore drilling specialist Seadrill may have sealed the deal. Rig rig mobilisation is the major hurdle facing any company exploring offshore of the Falklands.

That's because any drilling operator diverting a rig to the islands would require considerable recompense due to time lost on the long voyage south when the rig could otherwise be earning money for its owner drilling prospects closer to home. And current sky-high rig rates due to a shortage of kit and frenetic drilling activity make the costs even greater. So pooling drilling requirements to create an economically-viable drilling campaign is seen as the solution. Desire did nothing to dispel this impression with a press release noting that "there is now the potential to hire a rig for a minimum six-well drilling programme, thus defraying mobilisation costs for all parties". Desire's £20m cash gives it sufficient funding for for two wells, its new partner is prepared to fund two wells, and in addition there are the two wells that Australian natural resources behemoth BHP Billiton contracted to fund when it agreed to partner Aim-quoted Falklands Oil & Gas (FOGL) last year.

It all sounds good on paper, and indeed all the Falklands explorers named above say they are prepared to work together on rig-sharing if the eventuality arises. That is a big if, however, with FOGL looking the likeliest party pooper. While rig-sharing with Falklands peers is likely, should BHP secure a unit for any meaningful length of time, Tim Bushell, chief executive of FOGL, says such a contract is only one possibility.

Another possibility being considered in earnest by BHP is snagging a rig for just the briefest of stopovers en route from an already-scheduled location changeover between West Africa and Brazil, or vice versa. Such a deal would only be possible due to BHP's heavyweight contacts, negotiating strength and cash-rich persuasiveness. The resultant window would allow no more than a couple of wells to be drilled just for BHP/FOGL, with other operators seeing no benefit.

Mr Phipps admits BHP/FOGL might well go it alone. "I don't think that they need us as much as we would rather need them!" he says. But both he and Rockhopper managing director Sam Moody point out that it might yet be BHP/FOGL left out in the cold rig-wise. Both Desire and Rockhopper are exploring in the basin to the north of the islands, which is shallower and calmer than the southern basin that BHP/FOGL and Borders & Southern are in. As such, the northern operators could get by with a lower-specification and cheaper rig - 'third generation' as opposed to 'fifth generation' semi-submersible. If they locate one of these on a viable contract, they will go ahead on their own.Whatever happens, all parties agree that offshore drilling should finally be underway by the beginning of 2009, if not earlier. This gives time for Borders & Southern to join the drilling party if a consortium solution emerges. Having just completed seismic surveys, chief executive Howard Obee says promising prospects should be identified by summer.

Should any of these companies actually strike oil, the share price uplift would be immense. Mr Bushell says if just one of his 10 worked-up prospects - selected from hundreds of promising leads - comes in as a 500m barrel discovery, then presuming a flat oil price of $50 per barrel, FOGL would be worth £10 per share. Using the same oil price, Mr Moody believes that the net present value of a 100m barrel discovery on his licences is around $1bn. Splitting that £500m-equivalent among Rockhopper shareholders equals some £6.60 per share, although, by the time of drilling its share may have been diluted through a farm-in. It looks like there are some very exciting times ahead for this band of oil-exploration companies.



http://www.investorschronicle.co.uk/MarketsAndSectors/Sector…

[schlangenmeister]

A crude yardstick

Created:
18 March 2008
Written by:
Daniel O'Sullivan

It's not easy to put a conventional valuation on the Falklands prospectors, such as a multiple of forecast earnings or net present value, because they are at such an early stage. Indeed, between them they're yet to even sink a well. However, a 'quick and dirty' method of assessing valuation is to divide enterprise value (EV- market cap plus debt minus cash) by a so-called 'P50' estimate of the number of barrels of oil that could potentially gush out from their prospects. This tells investors what value is being put on each notional barrel of oil that an explorer may eventually produce.

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For each of the three companies with published P50 estimates the value being put on a notional barrel is just pennies (see table). On first sight, that looks measly when a real barrel of the black stuff fetches $100 plus. However, this massive discount is justified because these companies still have everything to prove in terms of turning the sub-surface structures they claim to have identified into actual oil reservoirs capable of commercial production. Moreover, there is also capital expenditure to consider.

Nevertheless, our crude yardstick shows the market rates of Desire Petroleum's prospects as between three and six times more valuable than those of either Falklands Oil & Gas or Rockhopper. The range of valuations attributed to Desire's notional barrels reflects the possibility that it's farm-in partner could take a share of anything between 0 and 50 per cent of future production. In exchange for handing over a slice of production to a farm-in partner, explorers benefit by sharing drilling risk. In the case of Falklands Oil & Gas, our EV/mboe calculation uses just 49 per cent of the 12bn barrels notionally recoverable from its prime drilling targets because BHP Billiton has a 51 per cent stake.

Ratings divergence in the sector could be down to whether a company is operating in the shallower, cheaper-to-drill North Basin or the deeper, costlier-to-drill and more storm-tossed South Basin, as well as whether the company is fully-funded and has a farm-in partner on board. Desire ticks the right boxes on all three fronts, but does this justify such a wide discount for the other players? Rockhopper is as likely to benefit as Desire from the latter securing a rig, although it has yet to structure a farm-out. Falklands Oil & Gas, however, looks a bargain, as little credit seems to be given to its operational experience, financial fire-power and the considerable weight in rig negotiations brought by partner BHP Billiton.

UK-quoted Falkland Island oil plays

Company Ticker Price (p) 13/03/08 Price gain YTD % North/South basin Farm-in Worked-up prospects Total "P50" estimated recoverable oil (mboe) EV/attributable P50mboe (£) Funded for drilling
Borders & Southern BOR 55.5 95 South No Not stated Not stated - No
Falklands Oil & Gas FOGL 135 4 South Yes, BHP Billiton 51% 10 12,045 0.02 No
Desire Petroleum DES 73.25 193 North Yes, details undisclosed 10 2,300 0.06 / 0.12 Yes
Rockhopper Exploration RKH 84 68 North No 28 3,694 0.02 No


http://www.investorschronicle.co.uk/MarketsAndSectors/Sector…

[Bruce79]

Hallo Zusammen

Weiss jemand einen aktuellen Stand der Bohrungen? Die Fogl Aktie hat ja wieder mächtig an Boden verloren

Danke Euch für Eure Infos!

[Bruce79]

Hallo

Weiss jemand den aktuellen Stand der Bohrungen? Fogl hat ja wieder einiges an Boden verloren

Gibt es baldige Hoffnung auf eine mächtigen Ölfund??

Danke für Eure Infos!

[schlangenmeister]

Antwort auf Beitrag Nr.: 34.478.754 von Bruce79 am 10.07.08 12:35:05

schau doch mal hier rein

http://www.wallstreet-online.de/diskussion/932322-2191-2200/…

oder auf der FOGL homepage ...

[Ramses2I]

Antwort auf Beitrag Nr.: 34.478.714 von Bruce79 am 10.07.08 12:30:27

Weiss jemand einen aktuellen Stand der Bohrungen? Die Fogl Aktie hat ja wieder mächtig an Boden verloren

Dann nenn mir doch mal eine Aktie, welche die letzten Monate nicht verloren hat...habe da nämlich selber keine im Depot.

[schlangenmeister]

FALKLAND ISLANDS HOLDING’S CHAIRMAN’S STATEMENT

September 11, 2008
by J. Brock (FINN)

FALKLAND ISLANDS HOLDING’S CHAIRMAN’S STATEMENT

By J. Brock (FINN)

Speaking today at the Annual General Meeting of Falkland Islands Holdings plc the Chairman, David Hudd said that he wanted to give shareholders an update on current trading. He also noted that following approval by the shareholders, the final dividend of 8p per share will be paid on 31 October.

He went on to say that Falkland Islands Holdings plc are currently five months into the financial year and despite the challenging economic conditions and in particular the volatility in oil prices and exchange rates which impacts all the Company businesses - the Group's three operating businesses - have continued to trade satisfactorily and the outlook for the current year for the Group remains positive.

“Integration of the Group's recently acquired fine art logistics business,” he said “Momart, has progressed well and we have seen strong year on year growth in revenue. Momart's performance has continued to move ahead and its order book for the important Autumn season is encouraging.”

Mr Hudd admitted that Group's operations in the Falkland Islands have had a quieter start to the year without the positive impact of the exceptional factors which boosted trading last year.

He pointed out that work is underway on the conversion of the Upland Goose into housing and planning permission has recently been received for an extension and car parking for the West Store. Consumer demand in the Islands remains subdued, although our wide spread of interests in the Islands should ensure a satisfactory overall performance.

Despite the increase in the cost of marine diesel in the early part of the year, he added, the ferry business at Portsmouth Harbour has continued to perform well with passenger numbers for the year to date showing encouraging growth of 2%. This suggests a possible change in customer behaviour and a switch from the use of private cars to the use of the ferry and underlines the value for money, convenience, and reliability offered by the service. Discussions continue with Gosport Council regarding the installation of a new pontoon and landing stage.

The exploration activities of Falkland Oil & Gas Limited, in which the Group holds 15 million shares representing a 16.3% stake, have continued to progress.

Mr Hudd finished by saying that he was pleased to report that the Group's family of well established, specialist service businesses continues to provide a solid foundation for the continued creation of shareholder value. Trading is progressing well, the balance sheet remains strong and I am confident of the outlook for our interim results which we will report in December.

http://www.fihplc.com

http://www.falklandnews.com/public/story.cfm?get=5137&source…

[Popeye82]

[Andrija]

Antwort auf Beitrag Nr.: 35.105.667 von Popeye82 am 15.09.08 00:43:14

Fassungslosigkeit - Die sind so günstig bewertet da spielt es ja nicht mal mehr eine Rolle ob die Öl finden! Ich mache jetzt auf Fischfang

[al_sting]

http://www.guardian.co.uk/uk/2009/jan/28/falkland-islands-oi…

[schlangenmeister]

Antwort auf Beitrag Nr.: 36.490.753 von al_sting am 01.02.09 18:54:44

na bist du hier auch an bord

[value_seeker]

Pünktlich zum nahenden Höhepunkt der Session: D´r Prinz kütt:

http://www.mercopress.com/vernoticia.do?id=15945&formato=HTM…

Ist m.E. auf jeden Fall positiv zu werten, dass sich wieder jemand aus dem Hause Windsor auf den Falklands sehen lässt. Ebenfalls positiv ist die Meldung, dass die HMS Endurance wohl doch repariert wird, und in der Zwischenzeit evtl. ein anderes Schiff Flagge zeigt:

http://www.mercopress.com/vernoticia.do?id=15954&formato=HTM…

Deutet sich da etwas an? Stärke zeigen, bevor es endlich losgeht?

Ich bin auch mal gespannt, ob Madame Kirchner zum G20-Gipfel reist, der ausgerechnet am 02.04. und damit am "Tag der Islas Malvinas" in London stattfindet! Wenn Obama und Co. dabei sind, wird sie wohl kaum zu Hause bleiben, wie im letzten Jahr geschehen. Spannende Zeiten kommen auf uns zu.

value_seeker

[al_sting]

Ich interpretiere dieses "Trading Update" als eine Gewinnwarnung bezüglich der Tochter Momart: http://www.fihplc.com/support/upload/050309RNS.pdf

Mitarbeiterentlassung, gesunkene Gewinnerwartung, Abschreibungen von 2 Mio Pfund

"After taking account of the exceptional restructuring charges noted above (£0.15m) and non cash charges for the increased provision for the carrying value of the Group's interest rate hedge (£0.4m), the goodwill impairment (£2.0m) and the normal amortisation of intangibles ( £0.4m), it is expected that the Group will show a loss before tax for the year ended 31 March 2009. However the Board still anticipates that underlying earnings per share for the year ended 31 March 2009 (based on Underlying Profits) will show an improvement on 2008 when underlying earnings per share were 16.3p."

Diese Diversifizierung war wohl ein Griff ins Klo. :-(

Ciao, Al Sting

[al_sting]

Erste Analystenreaktion:


08:59GMT 05March2009-Falkland Islands Hld falls on loss warning
--------------------------------------------------------------
Shares in Falkland Islands Holdings Plc fall 9 percent to 260 pence after the diversified logistics group warns of a full-year pretax loss as a tougher commercial art market hits performance at its Momart art handling unit.
"Despite this setback, the shares offer value," says KBC Peel Hunt, while maintaining a "buy" rating on the stock.
Trading in the company's other operations remains in line with its expectations and underlying cash generation remains robust, the brokerage adds.
For Falkland's statement please click on

Reuters messaging rm://[e-mail]
08:57GMT 05Mar2009-Biocompatibles jumps after results

[Andrija]

Antwort auf Beitrag Nr.: 36.704.223 von al_sting am 05.03.09 10:35:16

@al Sting

Hat hier im Board sowieso niemand verstanden warum dieser Drecksladen gekauft wurde. Habe mich damals schon die Platze geärgert. Ich vermute nach wie vor, dass hier irgendeinem Buddy, der bestimmt nicht nur von der Finanzkrise überrascht wurde, noch schnell seine Schäflein ins Trockene bringen sollte.

2 Fragen:

Verstehst Du das:
After taking account of the exceptional restructuring charges noted above (£0.15m) and non cash charges for the increased provision for the carrying value of the Group's interest rate hedge
(£0.4m), the goodwill impairment (£2.0m) and the normal amortisation of intangibles ( £0.4m), it is expected that the Group will show a loss before tax for the year ended 31 March
2009. However the Board still anticipates that underlying earnings per share for the year ended 31 March 2009 (based on Underlying Profits) will show an improvement on 2008 when underlying earnings per share were 16.3p
Ein Vorsteuerverlust und trotzdem eine Verbesserung gegenüber 03/2008? Da hat es keinen Vorsteuerverlust gegeben. Verstehe die Zahlen überhaupt nicht. Ist das kreative Buchhaltung?

Warum werde ich eigentlich nie zur HV eingeladen. Würde zwar sicher nicht auf die Falklands fliegen, man könnte doch aber mal die eine oder andere Abstimmung beeinflussen. Wie gehst Du/Ihr damit um? Beantragt Ihr Abstimmungsunterlagen? Vermutlich besitzen wir zusammen etliche Promille der Aktien.

Zusammengefasst ist die Vorstandsleistung eine Katastrophe. Hier sind Vermögenswerte gnadenlos verramscht worden. Für gute Ergebnisse im Fischfang und Fährbetrieb muss man ansonsten nicht viel tun außer seinen Allerwertesten morgens ins Büro zu schleppen!

Gruß Andrija

[al_sting]

Antwort auf Beitrag Nr.: 36.705.472 von Andrija am 05.03.09 13:23:34

Ich verstehe es dahingehend, dass die Profite aus dem laufenden Geschäft sich weiter verbessern würde, aber durch die Kosten aus Abschreibungen (2 Mio Pfund), Restrukturierungskosten (0,15 Mio Pfund) und andere Sonderkosten von 2*0,4 Mio der Gewinn nach Sonderkosten negativ wird, also einen Verlust darstellt.
Ich bin darüber auch absolut nicht begeistert.

Ich war von dem Erwerb von Momart auch nicht begeistert, auch wenn ich die Idee verstand: Man wollte nicht nur auf ein Pferd (Öl in Falklands) setzen, sondern eine breiter aufgestellte, diversifizierte Gruppe mit voneinander unabhängigen Geschäftsfeldern mit ansonsten langweiligen, aber solide Geld bringenden Geschäftsfeldern aufbauen.
Nun ja, Momart war ein Schuss in den Ofen.

Es gibt in UK anscheinend keine HV-Tradition wie in Deutschland. Gerade bei kleinen Firmen scheint das oftmals eine Veranstaltung unter 10-20 Leuten zu sein, die innerhalb von ein bis zwei Stunden abgehandelt ist. Wenn dich die HV in London interessiert, würde ich mich an deiner Stelle mit der Firma in Kontakt setzen und mich aktiv um eine Einladung bemühen.

Grundsätzlich folgt der FKL-Vorstand halt der Theorie der Diversifizierung. Der preiswerte Erwerb weiterer Cashcows kann durchaus Sinn machen, wenn eines Tages auf den Falklands das Geschäft starten sollte und man die Geldflüsse dort investieren will, in Hafen, Häuser oder Hotels und . Aber das kann noch dauern, bis die Falkland-Bonanza ausbricht. Und in der Zwischenzeit muss das Management auch etwas machen...

[Andrija]

Antwort auf Beitrag Nr.: 36.706.614 von al_sting am 05.03.09 15:36:11

Ich verstehe es dahingehend, dass die Profite aus dem laufenden Geschäft sich weiter verbessern würde, aber durch die Kosten aus Abschreibungen (2 Mio Pfund), Restrukturierungskosten (0,15 Mio Pfund) und andere Sonderkosten von 2*0,4 Mio der Gewinn nach Sonderkosten negativ wird, also einen Verlust darstellt.
Ich bin darüber auch absolut nicht begeistert.

Dann sollte man das auch so schreiben. Aber vermutlich hast Du Recht und es ist so gemeint. Staune nur, dass die Dividende nicht ausfallen soll. Die würde ja dann aus der Substanz bezahlt. Darüber hinaus hoffe ich, dass es mit den 2 Mio. Abschreibungen auch getan ist. Wer weiß welche Risiken man da mit Momart übernommen hat. Ich hoffe die waren wenigstens so schlau, dass durch eine klassische Holdingstruktur nicht die Ganze FIH gefährdet wird.
Besonders ärgerlich ist, dass wir jetzt doppelt zahlen. Früher durch die Kursverwässerung und jetzt erneut durch die Abschreibungen.

Ansonsten wäre ich nicht Deiner Meinung, dass eine Diversifizierung Sinn macht. Vielleicht gelänge es dem Falkland-Frühstückskabinett tatsächlich noch eine Cashcow zu akquirieren, ob die aber beim "Bonanza" hilft, bleibt abzuwarten. Ich würde dann aber davon ausgehen, dass die Banken und die englische Regierung Schlange stehen, um Liquidität bereit zu stellen.
Ich denke hier hilft der Spruch "Schuster bleib bei Deinen Leisten"

Als Resümee bleibt nur zu hoffen, dass das "Bonanza" schnell genug losgeht bevor der Vorstand irreparablen Schaden anrichtet.

[al_sting]

Wie gesagt, begeistert bin ich auch nicht. Ich habe nur versucht, die Motivation des Managements nachzuvollziehen.

Aber trotz allem sind m.E. die Chancen durch Petroleumfunde in den Falklands und das ganze Folgegeschäft deutlich größer als die Risiken durch das Momart-Geschäft. Daher bleibe ich dem Laden treu.

[Andrija]

Antwort auf Beitrag Nr.: 36.718.620 von al_sting am 06.03.09 19:13:15

Dem stimme ich zu!

[snafur]

Ich war auch am hin- und her überlegen, aber nach dem Bericht werde ich wohl noch warten.
Hört sich nicht gut an!

http://www.upstreamonline.com/live/article176742.ece

Argentina bids for Falklands seabed
News services
Photo by SCANPIX


Argentina has lodged a claim at the United Nations for 1.7 million square kilometres of the South Atlantic seabed immediately surrounding the Falkland Islands and other UK overseas territories, according to reports.


Argentina's Deputy Foreign Minister Victorio Tacetti presented 40 volumes of documentation to the UN commission on the limits of the continental shelf in New York this week, describing them as "11 years [of research] in defence of national sovereignty", a report in Argentine newspaper Clarin said

The claim adds to the 4.8 million square kilometres of continental shelf spreading out 320 kilometres from Argentina's coast.

The UK must present its counter-claim for the seabed around the Falklands, South Georgia and the South Sandwich Islands to the UN commission by 13 May.

The UN convention on the law of the sea allows states to exploit oil, gas and mineral resources from the seabed up to, and sometimes more than, 350 miles beyond their coastlines if they can demonstrate the "prolongation" of an adjoining continental shelf.

Anglo-Argentinian enmity over the Falklands has been reinforced recently by the search for oil and gas reserves on the surrounding ocean floor. Two years ago Buenos Aires ended an agreement to co-operate on subsea exploration.

Argentina has claimed Las Malvinas - its term for the Falklands - since British occupation of the islands in 1833. In 1982, Argentina invaded, sparking a 73-day war which killed 749 Argentines and 258 Britons.

In its UN submission, Argentina said: "The Argentine Republic has never recognised the illegitimate British occupation of the southern archipelagos, as the presence of the United Kingdom derives from the usurpation in 1833 of a part of the Argentine national territory, which was immediately protested and never consented [to] by Argentina."

The Foreign Office in London told the Guardian newspaper: "UK experts will be studying the submission but we do not accept that there is any basis for the Argentine submission to include [claims for] the continental shelf generated by the Falklands, South Georgia and the South Sandwich Islands."

Any counter-claim from the UK prevent either nation from exploiting the seabed beyond 200 miles from the shoreline until a diplomatic agreement is reached.

[Andrija]

Hallo Zusammen,

seit nun fast 3 Monaten gibt es verhältnismäßig hohe Umsätze bei FIH. Wer steigt da im großen Stil aus? Mich verwundert ohnehin, dass der Kurs mit Desire, B&S sowie Rockhopper nicht deutlich zusammen anzieht. Im Hinblick auf die kommenden Bohrungen dürften die Inseln extrem unterbewertet sein, es sei denn die haben noch so ne´Leiche wie Mormart im Keller.

Gruß Andrija

[al_sting]

Jede Menge neuer Nachrichten:

Desire (Explorer nördliche Falklands) hat eine Bohrinsel geleast, 4 Bohrungen fix, Option auf vier weitere. Die Bohrinsel soll gegen Februar 2010 unten sein.
http://www.oilvoice.com/n/Desire_Signs_LOI_for_North_Falklan…

Rockhopper (Explorer nördliche Falklands) hat voraussichtlich einen Farm-In-Partner
http://www.oilvoice.com/n/Rockhopper_Exploration_Signs_LOI_F…

Unsere Falkland Islands Holding hatte gerade Hauptversammlung und hat eine Dividende von 8 Pence / Aktie beschlossen.
http://www.fihplc.com/support/upload/100909RNS.pdf

Ergebnis: Alle Falkland-Aktien machen Freudensprünge.

[schlangenmeister]

Antwort auf Beitrag Nr.: 37.963.081 von al_sting am 11.09.09 15:14:01

und mit FIH ist man auf jeden fall dabei

[al_sting]

Die ersten Börsenbriefe springen auch wieder auf:

Is Britain About to Become the New Kuwait?
Date 11/09/2009
The Right Side | By Frank Hemsley

Themes: Oil, Britain, Trend Investing

Just imagine if you could have invested in the United Arab Emirates or Kuwait before they struck oil…

Overnight, these countries turned into the world’s wealthiest as oil brought status, power and billions of dollars worth of investment.

Well, this is the extraordinary position you may find yourself in today.

You see, deep in the South Atlantic Ocean, just off the Falklands Islands, lies an estimated 60 billion barrels of untapped oil. That’s so much oil that The Times dubbed these British islands “the new Kuwait”, if it can be brought on tap.

The thing is though, up till now, no drilling has been done. So far, the small companies that are operating in the area (I’ll mention them in a moment) have carried out all sorts of preparatory work. Seismic surveys, controlled electromagnetic surveys (CSEM) and environmental impact studies. But they have not actually been able to drill into the seabed and get to what lies beneath.

Why? Because there has been a chronic shortage of drilling rigs. Tom Bulford tells me that big oil companies grabbed all the available rigs in order to maximise production at this time of high oil prices.

These big oil majors moved out of the Falklands basin back in the late 1990s when the oil price fell to around $10 a barrel and it stopped making commercial sense to waste money exploring there. So that means there are no rigs in the area. But with the oil price on the rise again since 2007, all available rigs have been monopolised by the majors who have been prepared to pay over $500,000 per day for the privilege.

This has put drilling rigs out of the financial reach of small oil explorers, especially those situated in such a remote location as the Falklands Islands. As Tom explained to me, the last time there was a drilling campaign in the Falklands it took 74 days just to tow a rig to the area – at $500,000 a day that would cost $37m!

But now there’s an easing in the rig market. Rates have been coming down and finally, the small oil explorers active in the Falklands are about to start moving…

In fact just yesterday I spotted a little bit of news in one of my colleague’s newsletters that suggests drilling for oil be one step closer to happening.

“Desire Petroleum (ticker: DES) has announced it has exchanged a letter of intent with Diamond Offshore Drilling (UK) Ltd. This is to use Diamond’s Ocean Guardian drilling unit to undertake a four well minimum drilling campaign in the North Falkland Basin.

“The Ocean Guardian is currently in the North Sea and following a programme of shipyard work will mobilise in November 2009. Projected arrival in Falkland waters is early February 2010. Desire has options to drill a further four wells for itself and or its partners. Further details will be announced after contract completion which is subject to various approvals.”

That news has caused a surge in the share prices of all the small oil explorers active in the Falklands area. Desire (DES) is up 34%, Falkland Oil & Gas (FOGL) 16%, Falkland Island Holdings (FKL) +19% and Rockhopper Exploration (RKH) +36%.

Of course, there’s a lot to do yet. But this is a major development in the Falklands oil story. It’s a story that isn’t that new. These huge oil fields were first discovered in the mid 1970s by American geologists.

And in fact, long-time readers of The Right Side, The Daily Reckoning and Profit Watch, may remember that we have talked about the huge opportunity in Falklands oil before. Perhaps you were even one of the readers who bought into specific stocks that we have recommended over the years.

If not, this could be a good chance to get in. If Tom Bulford is right, then this promises to be one of the hottest oil stories of the next few months. He’ll be hoping that he can replicate the success he gave his readers recently when they made gains of up to 700% in the Kurdistan oil play, Gulf Keystone.

If the Falklands Islands do indeed turn out to be “the new Kuwait”, then the companies that have licences on its oil stand to make huge riches. And their investors will make riches too.

Best wishes,

Frank Hemsley
For The Right Side

Editor's note: Tom Bulford has reviewed all the main Falkland Island gas explorers in his Red Hot Penny Shares. And he has chosen one of them as his best way to play the coming oil bonanza.

http://www.fleetstreetinvest.co.uk/oil/oil-outlook/oilo-brit…

[Coxos]

IN EINER SACHE LIEGEN SIE FALSCH
DAS NEUE KUWAIT
IST DER IRAK- KURDISTAN
http://maximumprofit.wordpress.com/category/irak-kurdistan/

[Hafturlaub]

Sale of Falkland Oil and Gas Limited Shares

Falkland Islands Holdings plc ("FIH"), the international services Group which owns
essential services businesses focused on transport and logistics and which has a major
shareholding in Falkland Oil and Gas Limited ("FOGL"), the oil and gas exploration company
focused on licence areas to the South and East of the Falkland Islands, makes the following
announcement.
On 30 November FIH sold 3 million shares in FOGL representing 20% of its holding and
representing 2.1.% of the issued share capital of FOGL as enlarged .Following the sale, FIH's still
retains 12 million shares in FOGL representing 8.2% of the enlarged issued share capital.
The shares were sold for a net consideration of £ 3.58 million generating a profit of £ 3.1 million
for FIH. The funds will be used in FIH's existing businesses and will provide flexibility to take
advantage of opportunities particularly in the Falkland Islands.
The Board of FIH has advised FOGL and Oriel Securities the broker to FOGL that FIH does not
intend to dispose of any further shares in FOGL, other than in exceptional circumstances, prior to
completion of the drilling of theToroa well.
Chairman, David Hudd said:
"We have today reduced the risk profile of our Group. The proceeds of sale give us the flexibility
to take advantage of investment opportunities particularly in the Falklands and will leave us with
a modest level of gearing .At the same time we have retained a very meaningful shareholding in
FOGL "


http://www.fihplc.com/support/upload/301109_Sale_of_shares.p…

[Andrija]

Antwort auf Beitrag Nr.: 38.479.760 von Hafturlaub am 30.11.09 15:40:42

Kurz vor dem "Anbohren" zu verkaufen, scheint mir wiedrum eine strategische Meisterleistung zu sein. Ich glaube da gehört nicht viel Prophetentum dazu, anzunehmen, dass wenn das Rig in der Region ist, ein deutlich höherer Verkaufserlös zu erzielen gewesen wäre - wenn man schon das Risiko verringeren wil.
Wenigsten will man ja auf den Falklands investieren Man könnte ja mit dem Geld Kunstausstellungen für die Ölarbeiter finanzieren - wird sicher ähnlich einträglich wie Momart. Zumindest überkompensiert ja der Verkauserlös den Abschreibungsbedarf für Momart.
Verstehe nur nicht, warum mit dieser Nachricht der Umsatz und der Kurs steigen. Vermutlich investieren jetzt die Gemischtwarenhändler dieser Welt. Ärgere mich immer mehr, dass ich vor Ende der Spekufrist mein Schwerpunkt auf FIH und nicht auf FOGL gesetzt habe.

[schlangenmeister]

Antwort auf Beitrag Nr.: 38.484.411 von Andrija am 01.12.09 10:36:52

warten wir es mal ab, FIH ist die "sichere" nummer
hab in 2008 auch noch ein wenig von FOGL zu FIH umgeschichtet...da unten wird es bald drunter und drüber gehen..

weiß jemand wer die 3 mio gekauft hat???

[al_sting]

Die Nachrichtenwelle kommt in Schwung:
MercoPress: Falkland Islands Holdings nets £ 3.1 million with FOGL shares sale
http://en.mercopress.com/2009/12/01/falkland-islands-holding…

The Sun: THE Falklands are on the brink of a massive oil boom that could boost Britain's battered economy - 27 years after UK forces retook the islands from Argentina.
http://www.thesun.co.uk/sol/homepage/news/2754307/Falkland-I…

Daily Express: FALKLANDS: OIL COULD BECOME BIGGER EARNER THAN TOURISM
http://www.express.co.uk/posts/view/144273/Falklands-Oil-cou…

Kurz gesagt: Ich habe in den letzten Jahren meine seit Jahren dämmernden FIH-Aktien aufgestockt. England nimmt Witterung auf. Mittlerweile hat sich ein schöner Trend gebildet, der den Beginn einer Neubewertung darstellen könnte.

[Wildschwein]

Wow,
sehe ich auch so.
Als erster werden warscheinlich die Engländer einsteigen. Dann der rest der Welt.
Was in den letzten Wochen hier passiert ist sollte einen Grund haben.
Meldungen über Konkrete Funde der Aktuellen Ölscanns wurden ja noch n icht veröffentlicht.



Aber da sind Käufer am Werk die ordentlich der Kurs antreiben.
Riesen Spread und steigendes bid.

Das lange warten hat sich ggf. bald gelohnt.

[schlangenmeister]

Antwort auf Beitrag Nr.: 38.560.882 von Wildschwein am 14.12.09 09:36:25

FIH, FOGL u. co werden fast überhaupt nicht in D gehandelt

es herrscht eigentlich noch totenstille

bin mal wirklich gespannt was passiert, wenn das rig da unten ist oder wenn das erste öl gefunden wird
dann noch argentinien.. ajajaj..

pro FIH share hat man 1,3 FOGL shares

es wird hoch hergehen, aber es wird wohl auch noch ne lange geschichte...

es geht sehr bald los, ich freue mich

[Wildschwein]

Frankfurt 4,85 EUR +0,34 +7,54% 14.12. 10:09:40 4,85 4,88 5,16 5,43% 100 100

[schlangenmeister]

Antwort auf Beitrag Nr.: 38.561.964 von Wildschwein am 14.12.09 12:04:32

genau, gerade mal 100 stück für nicht mal 500€ sind in frankfurt gehandelt worden und an der LSE gerade mal 12k

tja, s gibt halt auch nur 9 mio FIH shares

kann ja mal jemand versuchen n paar tausend stück zu kaufen

[Wildschwein]

Antwort auf Beitrag Nr.: 38.561.964 von Wildschwein am 14.12.09 12:04:32

[schlangenmeister]

[schlangenmeister]

RNS Number : 0873E Falkland Islands Holdings PLC 14 December 2009

14 December 2009

Falkland Islands Holdings plc

("FIH" or "The Group")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

Falkland Islands Holdings plc was informed on 11 December 2009 that on 11 December 2009, Sir Harry Solomon, a Non-Executive Director of the Company, sold 26,000 10p ordinary shares at £4.23p each. Following the sale Sir Harry Solomon holds 407,677 ordinary shares of 10p each representing 4.5% of the Company's issued ordinary share capital.

# Ends -

[Yakuta]

Ich hätte da mal eine Frage zu Falkland.

Und zwar gibt es derzeit ja zwei Werte einmal WKN: 911792 "Falkland Islands Holding" und dann noch WKN: A0DKNT "Falkland Oil & Gas"

In welchem Zusammenhang stehen die beiden Werte denn? Also was genau kaufe ich mit der Holding und was genau mit der Oil & Gas Aktie?

Liebe Grüße

[MrRipley]

Antwort auf Beitrag Nr.: 38.566.206 von Yakuta am 14.12.09 21:37:18

Mit der Holding kaufst Du dir die ganze Falklandstory inkl Supermark, Hafenbetrieb, Land und Immobilien, diverse Unternehmen usw.

Bin da aber nicht auf dem aktuellsten Stand.
Wenn dort Öl gefunden wird, wird FIH auf jeden Fall profitieren, egal wer das Öl findet.

FOGL ist die Tochter von FIH, die von denen 2004 an die Börse gebracht wurde.
Diese exploriert ab 2010 nur Öl und ist demnach viel risikoreicher aber auch explosiver.
FIH besitzt noch einen gewissen Anteil an FOGL, wieviel, musst Du mal schauen, FIH hat jedenfalls letzte Woche wieder ein paar FOGL verkauft.

[schlangenmeister]

Antwort auf Beitrag Nr.: 38.566.854 von MrRipley am 14.12.09 23:39:42

FIH hält noch 12 mio FOGL shares, das sind 8,2% von FOGL. haben vor ner woche 3 mio stück verkauft, wollen den rest halten.

FIH hat ca 9 mio aktien ausgegeben, dh in jeder FIH aktie hast du 1,3 FOGL aktien.

ausser FOGL sind noch DES,RKH und BOR um die falklands am exblorieren. mit FIH bist du auf jeden fall dabei.

beim goldrausch wurde ja mit den schaufeln usw auch n haufen geld verdient

[schlangenmeister]

Antwort auf Beitrag Nr.: 38.569.605 von schlangenmeister am 15.12.09 14:01:41

explorieren natürlich

[schlangenmeister]

RNS Number : 1602E Falkland Islands Holdings PLC 15 December 2009

15 December 2009

Falkland Islands Holdings plc

("FIH" or "The Group")

Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons

Falkland Islands Holdings plc was informed on 15 December 2009 that on 14 December 2009, Sir Harry Solomon, a Non-Executive Director of the Company, sold 10,000 10p ordinary shares at a price of £4.297p each and on 15 December sold 64,000 10p ordinary shares at a price of £4.25 each. Following the sale Sir Harry Solomon holds 333,677 ordinary shares of 10p each representing 3.7% of the Company's issued ordinary share capital.

# Ends -

[Yakuta]

Vielen lieben dank für euere Informationen

[Trader evil]

;-))) http://diepresse.com/home/wirtschaft/international/537374/ index .do?_vl_backlink=/h

[schlangenmeister]

heute 3 leser hier

komplett unbekannt die falklandstory

[Trader evil]

Antwort auf Beitrag Nr.: 38.885.431 von schlangenmeister am 04.02.10 23:16:28

das wird sich ändern.

[Trader evil]

BREAKING NEWS :" target="_blank" rel="nofollow ugc noopener">http://www.upstreamonline.com/live/article205662.ece

[Trader evil]

GR Gears Up for Major Falklands Drilling Campaign
AGR Petroleum Services
|
Monday, February 08, 2010


North Falkland Basin
1/2

AGR Petroleum Services (AGR) will begin a significant drilling campaign, valued at more than £2 million, off the Falklands Islands this month on behalf of two operators.

The company, which is one of the largest independent well management firms in the world, has been contracted by Desire Petroleum and Rockhopper Exploration Plc to provide logistical support and undertake a six well drilling program in the North Falklands Basin. Desire Petroleum has four prospects while Rockhopper will have two exploration wells drilled.

AGR is also in discussions with a possible third operator regarding additional drilling in the region.

Executive Vice President Ian Burdis of AGR said, "This is a major project for us. To be contracted by two companies to undertake work in this frontier region is great recognition of our teams’ expertise in these challenging environments.

"There's been a huge amount of logistical preparation required ahead of this activity. We're now ready to begin drilling and will be working closely with our clients to achieve a successful outcome."

AGR has established a supply base in Port Stanley the Falkland Islands which required an initial loadout of approx. 9,000 tonnes of cargo to be shipped from Aberdeen Harbour -- the largest consignment of its kind to be transported from the city to the region.

The drilling campaign is expected to begin around the middle of February, weather dependent, and last for approximately five months.

Bob Lyons, Managing Director of Desire said, "This project is central to our exploration and production activity and we are pleased to have AGR on board to provide support throughout the program. Their teams are well respected in the industry and provide the ideal fit with our operations."

The third generation semisubmersible drilling rig Ocean Guardian has been contracted from Diamond Offshore Drilling by Desire and will be used during the drilling of all six wells. It set sail from Invergordon, in the north east of Scotland late November and is due to arrive in the Falkland Islands around the middle of February.

Sam Moody, Managing Director, of Rockhopper added, "We have found AGR's preparations for this drilling campaign to be highly professional and enjoy a very constructive working relationship with the team there. We look forward to the start of the program."
- AGR Gears Up for Major Falklands Drilling Campaign (Feb 8)
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.


Damit ...possible third operator...könnte eigentlich nur FOGL genmeint sein.Auch FALKLAND ISLAND HOLDING kann von diesen Aktivitäten im Geschäftsjahr 2010 nur spürbar profitieren.

[al_sting]

http://www.fihplc.com/support/upload/Tradngupdate110210.pdf

Halbjahresdividende 4 Cent, schlechter Fischfang und gute Einflüsse auf den Falkland-Inseln durch die Bohraktion.

[Trader evil]

http://www.handelsblatt.com/politik/international/bohrinsel-…

[Trader evil]

http://www.wienerzeitung.at/DesktopDefault.aspx?TabID=3856&A…
.......Wissen: Falkland Inseln

Argentinien hat seinen Anspruch auf die Islas Malvinas (Falklandinseln) nie aufgegeben. Im Jahr 2003 erklärte Argentiniens Präsident Néstor Kirchner (der Mann der derzeitigen Präsidentin Cristina Kirchner), die Inselgruppe wieder unter argentinische Hoheit holen zu wollen. Er brachte den Fall vor die UNO, was von britischer Seite ignoriert wurde.

Zum 25. Jahrestag des Falkland-Kriegs erneuerte Argentinien im Jahr 2007 seine Ansprüche. Gleichzeitig kündigte Argentinien eine Vereinbarung über die gemeinsame Ausbeutung der Gewässer zwischen den Falkland-Inseln und dem argentinischen Festland auf. Im März 2009 schloss der britische Premierminister Gordon Brown jegliche Gespräche über die Falkland-Inseln aus.

[Trader evil]

London Stock Exchange:

Eröffnung 440,00 Umsatz (in GBp) n.a.
Höchstkurs 440,00 Umsatz (in Stück) 3.470
Tiefstkurs 425,00 letzte Umsätze
Vortag 432,50 17:30:00 0 (Stk.) 432,50
Preisfeststellungen 8 16:56:28 210 (Stk.) 425,00



und Frankfurt:

Eröffnung 4,70 Umsatz (in EUR) n.a.(0)!!
Höchstkurs 4,70 Umsatz (in Stück) n.a.
Tiefstkurs 4,70 letzte Umsätze
Vortag 5,07 09:08:20 0 (Stk.) 4,70
Preisfeststellungen 1 (Stk.)

:O

[Trader evil]

London Stoxk Exchange
FALKLAND ISLANDS HLDGS PLC REGISTERED SHARES LS -,10 (911792)
verzögert

Kurs vom 02.03.2010 17:30
420,00 GBp
+0,00% | +0,00

Kurs- & Umsatzdetails
Eröffnung 422,00 Umsatz (in GBp) n.a.
Höchstkurs 422,50 Umsatz (in Stück) 26.657
Tiefstkurs 422,00 letzte Umsätze
Vortag 420,00 17:30:00 0 (Stk.) 420,00
Preisfeststellungen 13 16:19:55 138 (Stk.) 422,00

[Trader evil]

heute an der London Stock Exchange die drei FOGL,FIH u.DESIRE wieder
im plus bis zu 9,5%

[Trader evil]

Antwort auf Beitrag Nr.: 38.928.205 von al_sting am 11.02.10 18:03:52

15th February 2010
Falkland Islands Holdings plc
("FIH" or "The Group")
Interim Dividend announcement
The Board of Falkland Islands Holdings, confirms that the Group will pay an interim dividend of
4p per share on 19 March 2010 to shareholders on the share register on 19 February 2010, not 19
February 2009 as previously stated in the Group's announcement of 11 February 2010.
- Ends -
Enquiries:
Falkland Islands Holdings plc
David Hudd, Chairman Tel: [phone]
John Foster, Managing Director Tel: [phone]
KBC Peel Hunt
Nominated adviser and broker to FIH Tel: [phone]
Matt Goode / Matthew Tyler
Financial Dynamics
Edward Westropp /Georgina Bonham Tel: [phone]

[Trader evil]

Oil climbs to an eight-week high o What are these?

OIL prices rose to an eight-week high today, lifted by a more upbeat outlook for the global economy.

Gains were tempered, however, by analysts noting that oil demand, particularly in the US, has yet to show real signs of improvement, despite the economic recovery.

Light, sweet crude for April delivery settled US37 cents, or 0.5 per cent, higher at $US81.87 a barrel on the New York Mercantile Exchange, its highest settlement since January 11, when prices closed at $US82.52 a barrel.

Brent crude on the ICE futures exchange closed US61c, or 0.8 per cent higher, at $US80.50 a barrel.

KEY COMMODITY PRICES: gold, base metals, oil, livestock and wheat

Some of the optimism following Friday's better than expected US jobs data carried over to the latest session, while concern about Greece's sovereign debt was allayed by European countries pledging to stand by the country.

Start of sidebar. Skip to end of sidebar.

End of sidebar. Return to start of sidebar.

French President Nicolas Sarkozy said yesterday that a number of European Union countries were preparing a support package for Greece.

Oil struggled to hold onto much of its gains and traded down to a low of $US80.75 a barrel during a volatile and lightly traded session. Some participants appeared to be taking a pause following last week's sharp gains.

The drop though, "did not cause any major destruction of the trend, which still looks up," said Tom Bentz, analyst and trader with BNP Paribas in New York.

Strength in the petrol market also underpinned crude oil. "Gasoline is the one market that's more balanced than the rest," said Mr Bentz.

The approach of northern hemisphere summer, when Americans typically take to the road for their vacations, should boost petrol demand.

While the economic-recovery theme has been a dominating sentiment for oil, "the price is well ahead of the state of actual recovery, with US petroleum demand still lagging weak year-ago levels," said Tim Evans, analyst with Citi Futures Perspective in New York.

[al_sting]

Wenn zugleich das Pfund abkackt, hilft uns das wenig.

[Trader evil]

http://www.tagesschau.de/multimedia/audio/audio50318.html


da würden doch neue frisch sprudelndde Ölquellen sehr helfen.

[al_sting]

Ich bin heute auf eine Artikelserie gestoßen, die ich allen Interessierten zur Eigenrecherche empfehlen will.

Die Artikelserie ist auf Englisch auf der englischen Aktienhomepage "Motley Fool" www.fool.co.uk erschienen und geht auf viele verschiede Aspekte rund um Erdölsuche, -erschließung und -förderung ein.

Sie ist definitiv parteiisch - der Autor "Hallucigenia" besitzt nach eigener Aussage Aktien von zwei Ölexplorern in den Falklands, FOGL und Desire - behandelt aber meines Erachtens sehr gut und fachkundig die ganze Thematik.

Da es in Großbritannien (sowie in den ebenfalls englischsprachigen Ländern Kanada und USA) eine starke Ölindustrie gibt und dort sehr viele verschiedene Ölexplorer gelistet sind, bewegt sich die Diskussion in englischen Foren oftmals auf einem deutlich fachkundigeren und qualitativ höherem Niveau als in deutschen Foren, wesentlich häufiger diskutieren dort auch Fachleute aus der Branche mit. Wo in Deutschland mangels tieferem Verständnis der Himmel gerne rosarot angemalt wird, erhalten dort auch qualifizierte und berechtigte Zweifel eher ihren Raum. Gewisse Englischkenntnisse helfen also bei der Eigenrecherche und Eigeneinschätzung im dieser Branche definitiv weiter.

So, hier die bislang erschienenen Artikel der Reihe (wird sicherlich fortgesetzt):

- Why Invest In Oil Companies? (10.11.2009) http://www.fool.co.uk/news/investing/investing-strategy/2009…
- Face up to Boe (13.11.2009) http://www.fool.co.uk/news/investing/investing-strategy/2009…
- Cooking Cabbage Soup (04.12.2009) http://www.fool.co.uk/news/investing/investing-strategy/2009…
- He Ain't Heavy (07.12.2010) http://www.fool.co.uk/news/investing/investing-strategy/2009…
- Sweet And Sour (08.12.2009) http://www.fool.co.uk/news/investing/investing-strategy/2009…
- The Falklands(24.02.2010) http://www.fool.co.uk/news/investing/investing-strategy/2010…
- Drilling In The Falkland Islands (19.03.2010) http://www.fool.co.uk/news/investing/investing-strategy/2010…
- Valuing The Falkland Oil Companies (19.03.2010) http://www.fool.co.uk/news/investing/investing-strategy/2010…

Viel Spaß beim Lesen, so euch das Thema interessiert,

[Andrija]

Der Frust hat wohl allen die Sprache verschlagen. Auch wenn die Chance nur 1:5 war, hat doch wohl jeder im tiefsten Inneren auf Erfolg gesetzt. Da kommen zwar noch einige Löcher aber die große Anfangseuphorie ist wohl durch. Der FIH Kurseinbruch war zu erwarten, erscheint aber wieder mal übertrieben. Wo stehen wir bloß wenn FOGL nichts findet oder was ist FIH ohne Öl wert? Vermutlich 100 Pence.

[Trader evil]

Die Reaktion an der Börse drückt die Angst und Unsicherheit über das Ergebniss aus.

Bis jetzt liegt doch nur ein vorläufiger unvollständiger Bericht vor,aus dem lediglich hervorgeht das an dieser Stelle bis 3500 m, keine ergiebigen Erdölvorkommen (bei ca. 2550 m Kohlenwasserstoffe)gefunden wurden, bei ca.3400 m ist man aber auf Gas gestossen.

Im Verlaufe der Woche werden weitere abschliesende Ergebnisse erwartet.

Es bleibt weiter spannend.Eine Gegenbewegung in der Kursentwicklung ist dabei ja nicht ausgeschlossen sondern eher wahrscheinlich.

Auf keinen Fall ist jetzt Panik angesagt.

Quelle:
http://www.upstreamonline.com/live/article209838.ece

[Trader evil]

LONDON STOCK EXCHANGE heute:

FKL FALKLAND ISLANDS HOLDINGS PLC ORD 10P
FALK IS. HLDGS Currency GBX

Company

Price +/- % +/- Bid Offer Volume High Low Last close
345.00 Up+15.00 +4.54% 335.00 355.00 9,130 354.00 335.00 345.00 on 30-Mar-2010

[Trader evil]

RNS Number : 4561J
Falkland Islands Holdings PLC
31 March 2010
Falkland Island Holdings plc
("FIH" or "the Company")
Total Voting Rights and Share Capital
The Company announces that the total number of ordinary shares of 10p of Falkland Islands Holdings
plc in issue at the date of this notice is 9,097,178 with each share carrying the right to one vote.
There are no shares held in treasury. The total number of voting rights in FIH is therefore 9,097,178.
The above figure may be used by shareholders as the denominator for the calculations by which they
determine if they are required to notify their interest in, or a change to their interest in the Company
under the Disclosure and Transparency Rules.
Enquiries:
Falkland Islands Holdings plc
David Hudd, Chairman
Tel: [phone]
John Foster, Managing Director
Tel: [phone]
KBC Peel Hunt
Tel: [phone]
Nominated adviser and broker to FIH
Matt Goode / Oliver Stratton
Financial Dynamics
Billy Clegg/ Edward Westropp /Georgina Bonham
Tel: [phone]
This information is provided by RNS
The company news service from the London Stock Exchange


9,097,178 shares lassen nicht nur ahnen wie hier die Post abgeht bei positiven Nachrichten durch einen der Ölexplorer.

FIH ist ja selbst teilweise investiert.Dazu kommt die Wertsteigerung der zukünftigen eigenen Aktivitäten nach einem Ölfund egal ob im Nord- oder Südbecken.

[Trader evil]

RNS Number : 2766K
Falkland Islands Holdings PLC
16 April 2010
Falkland Islands Holdings plc (the "Company")
Appointment of Nominated Adviser and Broker
Falkland Islands Holdings plc announces that it has appointed Altium as Nominated Adviser
and Broker to the Company with immediate effect.
Enquiries:
Falkland Islands Holdings plc www.fihplc.com
David Hudd, Chairman Tel : [phone]
John Foster, Managing Director Tel: [phone]
Altium
Tim Richardson
Cameron Duncan
Tel: [phone]
Financial Dynamics
Billy Clegg


http://www.stock-broker-guide.co.uk/london/london/altium-cap…

hypothetisch:

dieser Schritt kann eigentlich nur mit positiven Entwicklungen bei der Öl/Gas Exploration in Zusammenhang stehen.

Ich denke hier fährt der Zug in die richtige Richtung und wenn der erst Fahrt aufnimmt bei dem engen Markt ( 9,097,178 shares)..........

[al_sting]

> dieser Schritt kann eigentlich nur mit positiven Entwicklungen bei der Öl/Gas Exploration in Zusammenhang stehen.

Warum?

[schlangenmeister]

http://www.fihplc.com/support/upload/220410RNS.pdf

[al_sting]

Rockhopper hat Öl gefunden:
http://www.reuters.com/article/idUSLDE6451DO20100506

UPDATE 2-Rockhopper says finds oil in North Falklands
Thu May 6, 2010 9:39am EDT

* Initial data finds 25 metres of oil at thickest zone

* Says will assess whether to plug or suspend for more tests

* Shares in Rockhopper soar by as much as 138 pct

* Shares in Desire, owner of nearby prospects, up 85 pct (Adds detail, share price, analyst comment)

By Sarah Young

LONDON, May 6 (Reuters) - British oil company Rockhopper Exploration (RKH.L) said it believed it had made an oil discovery in the North Falkland Basin, the first oil find of a controversial exploration programme in the Falkland Islands.

Oil exploration in the islands off the coast of South America has sparked protests from Argentina, which claims the British territory. [ID:nN22219606]

Shares in Rockhopper soared as much as 138 percent earlier on Thursday, and were up 127 percent to 85 pence at 1334 GMT.

Shares in Desire Petroleum (DES.L), another North Falklands-focused explorer with prospects nearby to Rockhopper, gained as much as 85 percent earlier on Thursday, and were up 54 percent at 58 pence at 1334 GMT.

Rockhopper said on Thursday initial data collected from the Sea Lion prospect indicated that well 14/10-2 had found oil at intervals across 53 metres, with the oil 25 metres at its thickest point.

Oriel Securities analyst Richard Rose said the oil find was very positive for Rockhopper and the share price reaction was not overdone, but cautioned that more information was needed on the quality of the oil reservoirs.

"If it does prove to be good quality reservoir, we're looking at maybe a discovery of a couple of hundred million barrels. It's very significant," said Rose.

He added that while he expected more rhetoric from the Argentinian government following the discovery, he did not see this as a problem for the company.

"Ultimately if you do find a commercial discovery it will be able to be commercialised with or without the co-operation of the Argentinians," he said.

Desire made a gas find at its Liz well in the North Falklands Basin in March but said it had abandoned the well as the gas present was in poor quality reservoirs. [ID:nLDE6351CU]

Shares in Desire receded 63 percent from the announcement of the disappointing results of the Liz well on March 29 to May 5, while shares in Rockhopper, which had a 7.5 percent interest in the same well, fell by 32 percent in the same period.

Rockhopper said it would carry out an additional assessment of the 14/10-2 well before making a decision on whether to plug and abandon it or suspend it for future testing. The company added it would also consider whether to drill a further appraisal well on the prospect.

Shares in two other Falkland Islands explorers which are focused on the southern basin, Falkland Oil & Gas (FOGL.L) and Borders & Southern (BSTH.L), also gained 14 percent and 27 percent respectively at 1334 GMT.

[al_sting]

Ist dieses nette Filmchen zu FKL hier eigentlich schon bekannt?
http://iball.iii.co.uk/2009/08/26/falkland-islands-fkl

Viel Spaß

[Trader evil]

!!!!!!

[Trader evil]

http://www.youtube.com/watch?v=a37bBm8pXSk

[schlangenmeister]

[Andrija]

Nun ja, der Anstieg ist deutlich geringer als ich ihn nach einem Ölfund erwartet habe. Unabhängig davon, ob das RKH-Feld profitabel ist, dürften sich vermutlich weitere Bohrungen anschließen und einen kontinuierlich cash-flow für FIH bringen.

[Andrija]

!

Dieser Beitrag wurde moderiert.

[Trader evil]

Die Bedenken hinsichtlich der Umweltverträglichkeit sollten sehr ernst genommen und,nach meiner Meinung,alles erdenklich getan werden, damit sich ein Super Gau wie er zur Zeit stattfindet, nicht wiederholt.

Allerdings gibt es nie eine 1000 %-ige Sicherheit . Die Erkenntniss über die Verantwortung für unsere Umwelt muß noch tiefer in das Bewußtsein der Verantwortlichen Akteure eindringen und verankert werden, auch in Hinblick darauf das die Exploration der Antarktis/Arktis ja noch ganz am Anfang steht aber in nicht all zu ferner Zukunft Realität ist .

Hier wird sehr viel Geld verdient,so daß die Mehrkosten für Sicherheit wirklich nicht das Problem sind.

Wenn ich noch an die Diskussionen,von vor ca. 20 Jahren,um die Sicherheit (aktive /passive) in unseren in Deutschland hergestellten Kfz´s denke
damals war Proffessor M.Danner der Vorreiter,mit sehr guten Ideen -Airbag,ABS,Formgestaltung und Materialien im Innenraum usw. dies alles und noch viel mehr ist heute Standard und nicht mehr wegzudenken.

Ein mehr an Sicherheit wird auch hier gefordert und verwirklicht werden müssen.

[Hafturlaub]

FKl steigt in London gerade gegen den Trend bei allen Falkland-Aktien unter rel. hohen Umsätzen um 15% auf 488 Pence. Gab es irgend eine Neuigkeit?

[schlangenmeister]

Antwort auf Beitrag Nr.: 39.522.723 von Hafturlaub am 14.05.10 17:34:33

das ist das neueste


13th May 2010

Falkland Island Holdings plc

("FIH" or "the Company")

Issue of Equity


FIH announces that it has applied for the admission of 1,192 new ordinary shares
of 10p each in the capital of the Company ("Ordinary Shares") to trading on AIM.
The new Ordinary Shares have been issued pursuant to the exercise of an option
over 1,192 Ordinary Shares. Admission of the new Ordinary Shares to trading on
AIM is expected to occur on 19 May 2010. Following admission of the new
Ordinary Shares to trading on AIM, the issued share capital of the Company and
the total number of voting rights in the Company is 9,098,370.


Enquiries:

+------------------------------------+------------------------+
| Falkland Islands Holdings plc | |
+------------------------------------+------------------------+
| David Hudd, Chairman | Tel: [phone] |
+------------------------------------+------------------------+
| John Foster, Managing Director | Tel: [phone] |
+------------------------------------+------------------------+
| | |
+------------------------------------+------------------------+
| | |
+------------------------------------+------------------------+
| Altium | Tel: [phone] |
+------------------------------------+------------------------+
| Nominated adviser and broker to | |
| FIH | |
+------------------------------------+------------------------+
| Tim Richardson / Cameron Duncan | |
+------------------------------------+------------------------+
| | |
+------------------------------------+------------------------+
| | |
+------------------------------------+------------------------+
| Financial Dynamics | |
+------------------------------------+------------------------+
| Billy Clegg/ Edward Westropp | Tel: [phone] |
| /Georgina Bonham | |
+------------------------------------+------------------------+


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

aber das wird es nicht sein....


hab aber nichts dagegen, dass sie steigen

hab auch nicht vor demnächst zu verkaufen

[Andrija]

Antwort auf Beitrag Nr.: 39.522.769 von schlangenmeister am 14.05.10 17:39:22

Wollte eigentlich gestern noch mal nachkaufen und mir Depp waren 5,15 zu viel. Hat sich dann wohl erledigt. Wenn sie nicht noch mal durchsacken, muss man wohl auf schlechte FOGL-Ergebnisse warten um noch billig reinzukommen. Die Marktkapitalisierung ist angesichts dessen was da wohl noch kommt ein Witz.

[schlangenmeister]

Antwort auf Beitrag Nr.: 39.523.086 von Andrija am 14.05.10 18:16:47

so ist es. 9 mio shares ist echt n witz und pro FIH share hast du 1,3 FOGL

[schlangenmeister]

http://www.fsponline-recommends.co.uk/page.aspx?u=tbf0510oil…

[Andrija]

Antwort auf Beitrag Nr.: 39.523.186 von schlangenmeister am 14.05.10 18:28:19

Nun ja, bei 17.611% sollte ich wohl alles verkaufen und unabhängig vom Kurs sofort alles reinwerfen was geht . Bin leider ein zu konservativer Anlager und habe bereits jetzt sämtliche Regeln der Risikostreuung bei FIH verletzt.
Wenn FIH so blöd ist und auch noch die letzten FOGL verkauft - was ich für eine leider sehr realistische Möglichkeit halte - bin ich mit einer Verfünffachung schon zufrieden. Aber dann wird ganz sicher auch Momart zur absoluten Cash-Cow und das FIH-Management genießt abseits vom Öltrubel mit Ihren Momart-Buddys die eine oder andere Vernissage.

[schlangenmeister]

Antwort auf Beitrag Nr.: 39.523.307 von Andrija am 14.05.10 18:44:20

Bin leider ein zu konservativer Anlager und habe bereits jetzt sämtliche Regeln der Risikostreuung bei FIH verletzt

o ja ich auch aber wie, aber so geht es.

war mal mit weit über 50% in blue pearl. heute TCM investiert.

das hat sich damals aber richtig gelohnt

[Andrija]

Antwort auf Beitrag Nr.: 39.523.358 von schlangenmeister am 14.05.10 18:52:25

Dann wird das doch wohl so weiter gehen!

Diese Revolverempfehlung ist dann wohl von heute und erklärt dann den verspäteten Kursanstieg? "Befürchte" Ende nächster einen Kurs um 7Pfund

[Trader evil]

....ups da ist noch viel Luft nach oben. Etwas verspätet: Best Case Kurspotential auf 3 bis 5 Jahre (Quelle:Studie Falkland Island Holding vom 13.August 2004 share Infos) 125,76 bis 235 Pfund bzw. 188,64 bis 352,50 Euro (´´blue sky potential``) zzgl.bislang unbewerteter Immobilien (Tiefseehafengrundstück,21 Inseln,Siedlung,gegenwärtiger Wohnungs-/Hausbestand) Seite 21.



hat jemand aktuellere Zahlen???

[daxschaefchen]

Diese schwachsinnige Studie brauchen wir nicht wieder rauskramen. Da stand bei aller berechtigter Euphorie auch sehr viel Blödsinn drin.

[Trader evil]

Antwort auf Beitrag Nr.: 39.527.007 von daxschaefchen am 15.05.10 21:11:18

Mit Verlaub: die Hochrechnuing ist aber in der Größenordnung noch vergleichsweise konservativ zu unserem Freund T.B-ford. der kommt nämlich auf round about 1147,28 €/Aktie (wenn ich richtig gerechnet habe ..)....na ja er ist ja auch auf einem aktuelleren Stand was die Erkenntnisse über die kommerziellen verwertbaren Ölvorkommen angeht.

Aber im Ernst : ich habe nichts gegen die Empfehlung >> wenns denn hilft.

[daxschaefchen]

Antwort auf Beitrag Nr.: 39.527.481 von Trader evil am 16.05.10 09:20:41

Man sollte sich aber schon klar machen, auf welchen Annahmen solche Studien beruhen. Bei den Berechnungen der Share-Infos Studie von Herrn Lorenz hat er u.a. angenommen, dass sich die Falkland-Inseln aufgrund des Ölbooms zu einer Art Las Vegas entwickeln. Das ist nicht gewagt, sondern einfach saudoofes Gequatsche.

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.528.774 von daxschaefchen am 16.05.10 19:05:10

Landbesitz hat für FIH eine strategische Dimension. Die nunmehr denkbare Entwicklung
der Falkland-Inseln ist wohl nur mit Las Vegas zu vergleichen. In den 30er Jahren noch
wertlose Wüste, entstand aufgrund einmaliger Sonderfaktoren quasi im Nirgendwo einer der
teuersten Immobilienstandorte der USA. Noch immer von reichlich Wüstenland umgeben, ist
Bauland im Zentrum von Las Vegas heute praktisch nicht mehr zu bekommen. In dem Fall,
dass sich über die Falkland-Inseln der Ölreichtum ergießt, bekommen auch die Landreserven
von FIH eine fundamental neue Dimension. Die Falkland-Inseln sind nämlich wegen ihrer
Einnahmen aus dem Verkauf von Fischfanglizenzen bereits heute so reich, dass die
Regierung auf einem riesigen Haushaltsüberschuss sitzt und einen Teil der Staatsausgaben
von Zinsen auf Guthaben bezahlen kann. Selbst die Erschließung eines geringen Teils
der Ölreserven würde der Regierung Einnahmen in Höhe von hunderten Millionen Pfund
bringen, zusätzlich zum bereits vorhandenen Wohlstand. Die Einwohner kalkulieren, dass
sich ihr Wohnsitz auf den Falkland-Inseln noch als goldwert erweisen kann: Die Regierung
der Falkland-Inseln überweist schon heute einen Teil des Haushaltsüberschusses in die
Urlaubskassen der Lokalbevölkerung. Wird später auch ein Teil der staatlichen Öleinnahmen
an die Staatsbürger der Falkland-Inseln ausgeschüttet, wäre wohl die gesamte Bevölkerung
mit einem Schlag Multimillionär.

Ich finde, der Vergleich macht in diesem Kontext Sinn, da FKL ja wohl große Grundstücksflächen in der "Hauptstadt" besitzt.

[Andrija]

Antwort auf Beitrag Nr.: 39.528.833 von Hafturlaub am 16.05.10 19:26:50

Die Falklandinseln sind nicht gerade klein, da gibt es eine Menge Platz für Ölanlagen aller Art. Wieso muss Port Stanley mit seinem Hafen ausgebaut werden, wenn es noch genug billigere Plätze gibt, die nicht FIH gehören? Ich kann mich nicht erinnern, ob sich Sven Lorenz die Mühe gemacht hat auszurechnen, wieviel Prozent der Falklandfläche FIH besitzt. Der Immobilienwert wird sicher steigen...aber Las Vegas, nun ja.
Ich habe so eine ganz unrealistiche Hoffnung, dass sich der Kurs auf heutigem Niveau verzwanzigfachen kann - aber nur wenn FOGL Öl findet und FIH weiter hält. Wo liegen denn Eure Hoffnungen?

[daxschaefchen]

Ich finde, der Vergleich macht in diesem Kontext Sinn, da FKL ja wohl große Grundstücksflächen in der "Hauptstadt" besitzt.

Dieser Unsinn ist so viele Jahre nach Erscheinen der Studie nicht totzukriegen. Bist du mal dort gewesen auf den Falklands? Ich schon. Grundstücke in diesem winzig kleinen Dreckskaff namens Stanley? Ich lach mich tot. Die Wirtschaft da unten besteht ungefähr aus einem Supermarkt, einem winzigen Hotel und einer Tankstelle. Das ist grob gesagt FIH. Wie der andere Kommentator schon schrub, es gibt viele kleine Scheißinseln da. Keiner sagt, dass alles in Stanley laufen muss. Und was die Grundstücke betrifft: Ist dir die Minenproblematik um Stanley bekannt? Es ist das Erste, was man nach der Landung in Stanley lernt. Ich habe noch nie was drüber gelesen, inwiefern FIH-Land betroffen ist. Das es aber die Entwicklung des Gebietes hemmt, ist klar. Und es wird noch Jahrzehnte dauern, bis der Müll endlich beseitigt ist.

Keine Frage, FIH wird profitieren, wenn Öl gefunden wird. Sehr sogar. Aber wir sollten die Kirche mal im Dorf lassen.

[Trader evil]

These (zugegeben sehr Euphorisch) :..... Las Vegas heute praktisch nicht mehr zu bekommen. In dem Fall,
dass sich über die Falkland-Inseln der Ölreichtum ergießt, bekommen auch die Landreserven
von FIH eine fundamental neue Dimension.........

Antithese von daxschaefchen......Ich lach mich tot. Die Wirtschaft da unten besteht ungefähr aus einem Supermarkt, einem winzigen Hotel und einer Tankstelle. Das ist grob gesagt FIH.....

These (zugegeben sehr Euphorisch):..... Selbst die Erschließung eines geringen Teils
der Ölreserven würde der Regierung Einnahmen in Höhe von hunderten Millionen Pfund
bringen, zusätzlich zum bereits vorhandenen Wohlstand. Die Einwohner kalkulieren, dass
sich ihr Wohnsitz auf den Falkland-Inseln noch als goldwert erweisen kann: Die Regierung
der Falkland-Inseln überweist schon heute einen Teil des Haushaltsüberschusses in die
Urlaubskassen der Lokalbevölkerung. Wird später auch ein Teil der staatlichen Öleinnahmen
an die Staatsbürger der Falkland-Inseln ausgeschüttet, wäre wohl die gesamte Bevölkerung
mit einem Schlag Multimillionär........

Antithese von daxschaefchen:..... Wie der andere Kommentator schon schrub, es gibt viele kleine Scheißinseln da. Keiner sagt, dass alles in Stanley laufen muss. Und was die Grundstücke betrifft: Ist dir die Minenproblematik um Stanley bekannt? Es ist das Erste, was man nach der Landung in Stanley lernt. Ich habe noch nie was drüber gelesen, inwiefern FIH-Land betroffen ist. Das es aber die Entwicklung des Gebietes hemmt, ist klar. Und es wird noch Jahrzehnte dauern, bis der Müll endlich beseitigt ist..........

weißt du was ich mich immer frage wenn ich etwas in diesem Stil oder so ähnlich lese? wenn jemand so viel Aggressionen gegenüber einem Projekt an den Tag legt: warum schreibt er das????????? selbstlos???????? aus Überzeugung ????????aus Langeweile????????
aus Berufung????? oder was????...
investiert ist er nicht,will er uns mitteilen.( denn er weiß es ja viiiel besser!!)

oder vieleicht nicht rechtzeitig genug?????

[MrRipley]

Antwort auf Beitrag Nr.: 39.529.148 von Andrija am 16.05.10 21:32:01

Wenn S.L. der FIH mehr als eine Verhundertfachung zusprach, so dürfte FOGL das noch einmal toppen.

Er hatte damals in der Studie ausdrücklich erwähnt, auch die "Nebenbemerkungen" zu beachten und selbst DD zu betreiben, da waren schon alle Falklandplayer dabei, die heute noch aktiv sind, (Ausnahme Hartman und Global Petroleum, die sind nicht mehr im Rennen) und ich habe mich versucht, daran zu halten.
Global hat ja leider nicht durchgehalten.

FOGL gabs damals noch nicht, wurde aber als Zukunftsoption erwähnt.
Der FOGL Hype nach der Emmision war natürich vollkommen überteuert, "zum Glück" kam die Finanzkrise dazwischen und RAB Capital hat da einen feinen Zug gemacht, sonst wäre FOLG wohl für 20 Pence über den Ladentisch gegangen.

[MrRipley]

Antwort auf Beitrag Nr.: 39.529.452 von Trader evil am 16.05.10 23:35:53

P.S.
Es gibt Leute, die vor 20 Jahren schon wussten was heute dort passiert.
Gesunder Menschenverstand eben, die sind dann gleich dorthin gezogen und dürften den größten Reibach machen.

[daxschaefchen]

Antwort auf Beitrag Nr.: 39.529.452 von Trader evil am 16.05.10 23:35:53

Ich habe seit Jahren FIH- und FOGL-Aktien. Das heisst noch lange nicht, dass ich jeden Hype zu diesen Aktien gut finden muss. Und wenn Herr Lorenz es noch 10x schreibt, aus Stanley wird niemals ein Las Vegas. Auch nicht, wenn da unten der Reichtum ausbricht.

[Andrija]

Antwort auf Beitrag Nr.: 39.529.461 von MrRipley am 16.05.10 23:38:28

Ich wünschte mir, Du hast Recht.
Hast Du ein Argument dafür, warum FIH ständig Ihren Anteil an FOGL für wertlosen Schrott wie Momart u.a. reduziert hat und warum Global Petroleum (der Dreck schlummert auch noch in meinem Depot)Ihre Anteile für einen Backschisch verhökert hat? Deren Zauberwort war vermutlich auch Diversifikation. Also scheinen auch die vermeintlichen Insider nicht vollständig überzeugt zu sein.
Ich denke daxschäfchen liegt schon richtig, lassen wir die Kirche im Dorf, aber lasst mich noch ein bißchen von meiner Verzwanzigfachung träumen.

[Andrija]

Na geht schon gut zur Sache. 6000 Stück in London in den ersten Minuten.

[Andrija]

Antwort auf Beitrag Nr.: 39.529.148 von Andrija am 16.05.10 21:32:01

Ich habe jetzt doch noch mal die FIH-Homepage besucht, um zu schauen wie groß unser Las Vegas werden kann:

Although FIC divested its agricultural holdings in 1991, it retains a number of parcels of land aggregating some 400 acres, with the potential for residential or commercial development. The Company also owns 22 residential properties which are rented out on a long-term basis to individuals, business users such as Ministry of Defence contractors, and fishing companies.

Bei rund 160 Hektar erübrigt sich wohl leider die Diskussion. Was hat denn der Lorenz damals geraucht?

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.533.384 von Andrija am 17.05.10 17:18:03

Ob sich die Grundstückspreise wie in Vegas entwickeln hängt ja nicht von der Größe des FKL-Besitzes ab. ;-)

Ist aber auch egal, es wird kein neues Vegas werden, hat auch so niemand behauptet. Jetzt hatte auch jeder die Gelegenheit, sich über Lorenz auszulassen, kann also das Thema auch abgehakt werden.


FOGL hat also scheinbar mit den Bohrungen begonnen, es wird also langsam etwas ernster

[MrRipley]

Antwort auf Beitrag Nr.: 39.533.715 von Hafturlaub am 17.05.10 18:00:00

Vegas ist erweiterbar, Falkland nicht!

[Wildschwein]

was ist denn hier abgegangen in den letzten Tagen,
hat da schon jemand Öl gefunden oder was? War schon länger nicht mehr hier

[Wildschwein]

aha, so gings als bei Rockhopper

[Wildschwein]

http://www.fsponline-recommends.co.uk/page.aspx?u=tbf0510oil…

This promotion is not intended as financial advice. The shares discussed here may be small company shares. By their nature, such investments can be relatively illiquid and, as a result, hard to trade. This makes such shares more risky than other investments. This promotion refers to forecasts. Forecasts are
not reliable indicator of future performance. Please seek independent financial advice if necessary.BREAKING NEWS...BREAKING NEWS...BREAKING NEWS
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The profit potential is huge.

And it’s just sitting there on a plate, waiting for savvy investors to make the right move and scoop it up.

That’s why I’m not wasting any time trying to “warm you up” to this outstanding opening in the market – you either see the mammoth potential here, or you don’t.

There’s still data to be collected, still tests to be done, so this is EARLY STAGE investing. Sure, that means it’s risky – but it also means the rewards could be utterly spectacular.

What I’m saying is clear and straightforward: "Invest in this little-known business NOW... because should everything go to plan – and the pumps get fired up – this share could shoot up higher and faster than anything you’ve ever seen!"

Do that one simple thing today and you could be cashing out an almost instant payoff – 97% in under two months' time.

Hold on a bit longer and it could get better, much better…

If everything goes to plan, you could be looking at a longer term gain of 17,611%!

I’m talking about an outside chance of more than EIGHTEEN THOUSAND times your money within the next 3—5 years!

Profits like that put you in uncharted territory… you could totally
transform your wealth BUYING ONE SINGLE SHARE!!

Sounds ridiculous, I know – even as I write it. But over the next few pages, I’ll show you that this incredible price rise REALLY COULD HAPPEN.

Put just £450 into a play like that and you could cash out more than £79,000!

It’s certainly the biggest profit play of my career – by some distance.

Just imagine bagging a profit like that! Imagine what it could do for your wealth!

When the story of this company’s potential hits the mainstream, early investors – those who got in when I told them – could be counting out a life-changing return.

And you could be one of them…

But I’ll make no bones about it – you don’t have long to get in. You have to act quickly.

In just a few days, this company will be positioned to test-drill. And that could turn the ignition on a truly gigantic price climb.

I’ll be frank – this small London-listed share is very close to erupting… in fact, just a few whispers on the internet or in the back pages of the FT can send oil stocks like this racing through the roof.

The firm that started the oil frenzy, Rockhopper, has already leaped 167% in just 6 days! That was on the back of results from their test-drill.

And the City are now scrambling like mad, trying to get in on the NEXT stock which could be about to explode…

Luckily, I’ve been way ahead of the game on this one.

Spare me just three minutes today, and I’ll show you how you can join the small group of investors already perfectly positioned to profit from what I expect to be a massive leap
in price.

Interested? Good, now here’s the deal…

How you could bank a
breathtaking £440,275 from
Britain’s best kept secret!

The most significant British oil discovery of the last 37 years could be about to make one tiny UK-listed company very big, very fast.This figure is a forecast. Forecasts are not a reliable indicator of future results.



Even if they extract just six percent of the oil reported to be in the ground, the potential value of this company to early investors is COLOSSAL.

I write today to get you in early on a huge oil story that’s about to really
kick-off.

When it does, I believe it will be the hottest story in the stock market. And everybody will want a piece of the action...

And you can't blame them - this could be a massive new oil supply at a time of global shortage... there is the potential for STUNNING gains to be made for the fortunate few.

That’s not just a throwaway line. I want you to really think about that for a second. I’m talking about how it feels to make a profit that could fundamentally change the way you live your life.

You see, if their test drills prove anything like Rockhoppers, I’m saying that you can realistically expect to make an 97% profit over the next 12 months. That’s the minimum I’m putting on it.

But that’s just the start. If this field proves to be a viable commercial source of oil, the absolute “best case scenario” for this company’s share price will knock your socks off…

Because they’re sitting in such a potentially lucrative position, if you move quickly, you could be sitting back, watching them clock-up as much as 17,611% on your money!

Let’s quickly look at what that could do for your cash…

Put just £750 into this play and you could pick up a gigantic £132,083 – for doing nothing more than making one quick call or clicking on your mouse button.These figures are forecasts. Forecasts are not a reliable indicator of future results.



That’s a tidy amount that any investor should be ecstatic with.

But if you have a little more spare cash you can afford to use to invest then returns get even more interesting…

If you placed as much as £2,500 on what I consider the absolute best profit-play tucked away in my portfolio right now, then you have a long shot chance of banking a whopping £440,275 over the next 3—5 years!

That’s right: just one play on this firm could put an absolute fortune into your bank account!

Like I said, it's a gamble - but if it comes off the rewards could be incredible!

That’s why I’ve prepared a special report telling you exactly which company this is, and how it could reach those staggering gains.

But before I show you exactly how to get your hands on the info, here’s why I’m so confident these shares could rocket…

Revealed:
The ace up Britain’s sleeve

Trapped beneath the seabed could be an oil field so big that it could produce enough crude oil to end Britain's new dependence on Russian and Middle East oil for the next 15 years.

And it's located in a 100% British owned area.

In the entire region, the best scientific equipment out there tells us there is up to 60 BILLION barrels of useable oil. Untapped.

And one small oil-drilling company has an interest in most of this oil... a company
whose technological breakthrough has proved for the first time in 37 years that there
could be a commercial oil source in British owned territory!

According to the BBC this find could propel the local population into the major league of oil producing nations... making them "the richest people in the world per head of capita, much more so than in places like Dubai."

Just imagine if you'd invested in the United Arab Emirates or Kuwait before they
struck oil...

Overnight, these countries turned into the world's wealthiest as oil brought status, power and billions of dollars worth of investment.

Well this is the extraordinary position you may find yourself in today.

And I’d like to show you how you could make a very big, very real profit from it…

Introducing:
The brilliant company that could
be about to turbo-charge
your portfolio...

It all started with a very important meeting with the chief executive of the company that could soon become the talk of the business pages.

I'd been hounding this guy for months. I wouldn’t let him out of my sights… I was DESPERATE to meet with him. Because I'd heard that this firm had trained its sights on something potentially EXPLOSIVE...

A British oil supply that's been right underneath our own territory for 242 years!

Surprisingly, he was extremely candid. He gave chapter and verse on this unusual situation - including the location of the untapped oil.

I couldn't believe my luck: Mainstream investors still haven’t clocked on to this one... For now, they don't have even the slightest inkling!

And do you want to know the weirdest thing?

In 1770 this colony was not even
considered fit for "savages"
- now every playboy in the world
will be heading there!

This territory is located about 300 miles from the nearest part of the South American mainland to the west, and 1000 miles from Montevideo, in Uruguay, to the north...

What could be Britain's major future oil supply is located deep beneath The Falkland Islands.

A place described in 1770 by MP Dr Johnson as "thrown aside from human use, stormy in winter, barren in summer, an island which not even the southern savages have dignified with habitation"...

If only he'd known the truth!

Today, across 65,354 sq km of east Falkland seabed, hundreds of probes and receivers are busily scanning and imaging the rocks along some of the earth's deepest fault lines.

Under the direction of this brilliant British firm, each one constantly streams back data to floating vessels above, where the information is stored and analysed for the location of the best potential drilling sites.

Bottom line: The existence of oil source rocks in the area has been proved.

So – you might be asking yourself one very obvious question right now… "why has this oil never been drilled?"

The “underground X-ray” about to
spark a 60 billion barrel oil rush…

A fortune in oil revenue has been trapped underground for centuries.

How could it not have been seen... or extracted?

Basically, the development of modern seismic technology has made all the difference.

Now, thanks to a new “underground X-ray” device, the opportunity to locate billions of barrels of oil all over the planet has opened up.

And it looks like the biggest deposit of the lot could be in UK owned territory!

You see, the Falklands Plateau Basin lies along one of the deepest and most complex geological fault lines in the South Atlantic. Locating the wells containing enough commercially viable crude has proved a long and expensive task.

But the British government always knew that they were sitting on a fortune - as soon as someone figured out how to drill it...

That's why they've always been DESPERATE to hold onto the territory - some have even speculated that this "trapped oil" was the REAL reason Argentina invaded in 1982!

In 1993 geologists Dr Phil Richards and Dr Nigel Fannin of the British Geological Survey published an extensive report claiming that the area could potentially contain up to 10 billion barrels of oil.

Since then, that already amazing deposit has been revised to SIX TIMES that, with an estimated 60 billion barrels under the surface…

To put that in context… that would put this region just behind Russia and ahead of big oil producers like Nigeria, Libya, Angola and Brazil.

In fact, this makes the Falklands’ reserves the 9th largest on the planet!

That kind of deposit has every major oil driller and producer on the planet licking their lips.

Especially right now, right in the middle of a stunning oil bounce-back…

The expected 2010 oil boom
could shoot these profits
into the stratosphere!

When its price rocketed to $147 in 2008, our dependence on oil was made starkly clear.

With chaos in the Middle East and doubts over Russia's reliability, our old sources of cheap “black gold” have become unstable.

That’s why, over the last 10 months alone, oil has rocketed more than 40% in value.

It’s already pushed past $75 and some experts think it could absolutely turbo-charge this year and next…

Jeffrey Currie – Head of Commodity Research at Goldman Sachs – is predicting it could hit $85 in the coming months, pushing $100 next year...

And Jochen Hitzfield, at UniCredit Market & Investment Bank, believes we’ll see at least another $10 on the current price this year… and rocket as high as $105 in 2011!

If that happens, this investment could turn from red to white hot and then who knows how high they might climb?

It could be double or even triple what I’m predicting based on today’s prices!

That’s precisely why the Falklands are now the ace up Britain's sleeve.

And it's why I'm so excited to be writing to you today.

Profit from the ignorance of the crowd

At this company's May 2009 AGM analysts revealed that a find of half a billion barrels of oil could be worth £14 per share…

…and a discovery of 3.5 billion barrels could be worth £100 per share.

But remember, we’re not talking about half a million barrels, or even 3.5 billion barrels. We’re talking about as much as 60 billion barrels!

I’m not going to do the calculations here for you but one things is for sure: if you can barrel it, then that kind of deposit equals a HELL of a lot of money!

That’s why – right now – I'd like to send you full details on one of the best ways you can invest in the Falklands and get in on the oil bonanza set to make the islands the playground of the rich.

Plus you’ll get the full lowdown on why buying this share not only puts you in the running for some spectacular gains, but a unique way to considerably lower the risk usually linked with small exploration companies.

Once this story hits the mainstream press in the next few months, these shares will be thin on the ground - and expensive to buy - so it's crucial you ACT NOW.

Developments that actually make
the share price soar are
coming thick and fast!

I've spent hours pouring over this company's plans. I've known for a long time what their goals were... and I've seen them coldly and clinically tick every one off.

With each successful benchmark, investors in-the-know have become a little more curious... and the stock a little more active.The figures below refer to the past. Past performance is not a reliable indicator of future results.



In August 2004 the first excitement about the mere possibility of oil exploratory work in and around the Falklands basin caused the market to stir...
In a matter of days the stock rose 53%!

Then, on 3 June 2005 the Board announced its delight at the results of the seismic
survey work...
In the three months that followed, their stock jumped again - by 15.7%!

And when it surfaced that a non-executive director snapped up 5000 shares on 10 February 2006...
It was enough to send the share price up another 7% in a matter of
days... and 22.5% in a week!

And on the 1st October 2008 the most significant development so far... a major industry giant agreed to partner the Falklands oil project and pay for the drilling to begin!
It sent the shares up 7% overnight!

All these gains were made purely on the reporting of news… just a scrap of information, a report floating around the internet, a press release.

And then the biggest news of all hit…

On May 4th 2010, one rival company struck oil in the Falklands! And this looks like making all the difference to firms with their fingers stuck deep in the oil pie…

The firm I’m telling you about today has a solid stake in one of the best-placed drillers! They’re in a great position to make a killing if there’s as much oil in the ground as
experts predict.

And it’s no longer a case of pure speculation: There IS oil in the area.

These developments have put the city boys on alert, rubbing their hands at the potential, and a few have already made their move… sending the price spiking here and there for the last few years.

But the majority have stayed out. They’re waiting for it to explode before they make their move. And over the next few months, that’s exactly what could happen…

You’ve got until 10th June to get in:
This spectacular growth story has
just hit its "trigger point"!

This company is getting ready.

Within a couple of weeks, their rig will be in place to start test drilling.

And that news alone could send all the big City investors piling in, trying to get a head-start on the action.

Should they hit the same kind of positive results as Rockhopper – early investors could be looking at a very swift and steep upswing in value.

Once the test data is in, they’ll be able to tell if the field can produce a constant, commercial source of oil.

A positive announcement on that front can send an oil share gushing into the air!

Just take a look at the price rises in these stocks between February 2009 and February 2010, after they released positive news…
Amerisur Resources has been drilling for oil in Columbia for the last few months - multiple positive updates saw its shares climb 725% in 12 months.

In that year, Afren's shares shot up 292% after a series of positive announcements from its Nigerian exploration.

In Kurdistan, Gulf Keystone Petroleum amazed the market with its oil find, resulting in an annual share price rise of an astounding 1,127%!

And Desire Petroleum made gains of 231% on news it is preparing to drill
in the Falklands.

And, now, I believe I’ve uncovered the next little oil firm which could make a massive leap…

Remember, they have a solid stake in a firm that is – even as I write this letter – making preparations to test drill in this seemingly oil rich basin.

The city can smell the raw profit potential of this story and I expect them to lead a mad rush to the share…

…one that could push its price thousands of percent higher than where it stands today.

The fact that one of this company’s main competitors in the area has just struck oil is
great news.

This rival firm may eventually recover as much as 3.5 billion barrels in the months and years ahead. But that’s not the big news…

The big news is that the Falklands is now closer than ever to becoming a fully-fledged oil producer – and if that happens – it could send these stocks on a hard and fast jolt in value.

Of course, not every oil drill that's sunk comes up with the goods. But that’s what a play on oil is all about – you take that extra risk on board for the chance to take home a truly mammoth profit.

Because all the City boys and big investors need to have full confidence in these companies is the tangible proof that there’s oil down there.

And it looks like that proof is starting to come through...

If further news confirms the oil can be easily extracted – well, it could generate profits most investors will only ever dream about!

That’s why I fully expect to see one of the most spectacular growth stories the penny share market has ever seen.

IMPORTANT:
What that means for YOU is this…

Remember, this company could start test drilling in just a few weeks time. The price has already started creeping up ahead of this date, so you MUST get in soon.

While city boys wait and wait and wait to take action, you can steal in and snatch a bigger slice of the anticipated profits than any of them!

Remember, you could be tucking away a 97% profit over the next 12 months on this… and as much as 17,611% in the long term… a position most investors dream about.This figure is a forecast. Forecasts are not a reliable indicator of future results.



But the longer you wait, the more you’ll probably have to pay to get in on this stunning opportunity. And that means the profits are likely to decrease with every passing day.

Right now is the time to sneak in, before most investors know this stock even exists!

In a moment, I’ll tell you everything you need to do to get in on this amazing profit play.

But first, I want you to fully understand how this deal came about in the first place…

RIGHT NOW this special
situation presents YOU with
the chance to make a 17,611%
return on your cash!

First and foremost this “underground X-ray” is able to pinpoint EXACTLY where oil
is located.

How does it work? Get ready for bit of jargon...

CSEM (what I call the "X-ray") sends an electromagnetic signal through the seabed floor. The nature of the rock beneath the surface determines the way in which the signal bounces back. Oil is a very bad conductor of electricity, whereas rock is very good... so the reaction of the electromagnetic signal gives a strong clue to the presence of oil.

In plain English, this means it gives you a 3D picture of the strata underneath the ocean indicating what's inside the rock faults.

But most importantly it distinguishes what hydrocarbons - oil or gas - are present.

Can you see how useful the results will be when drilling gets started?

It shows you where to drill, how deep to drill, and crucially, which places to avoid!

Put simply: One of the biggest British oil deposits since the North Sea could be about to get sucked from the ground - meaning one small company could become a GIANT.

No wonder Aquila Financial has called it "the most important new technology in the field of offshore oil & gas exploration"!

Just imagine the enormous profit potential for the company using this to locate 60 BILLION barrels of oil they know exists!

And here's where this opportunity
gets irresistible...Even without their stake in the potential oil profits, this company is a RAVING BUY!

After Margaret Thatcher dispelled the Argentinean army in 1982, the Falkland Islands were given a £25m grant to kick-start the economy.

By 1986 fishing zones were created around the islands. This meant foreign fishing fleets all gaming for the rich pickings of valuable squid in the Falkland waters now required
a licence.

This alone brought in £20 million a year throughout the 1990s, bringing new independence, and moving the economy away from it's reliance on sheep farming. Right now, money is pouring in through tourism, agriculture and retail. In 1982 the territory's GDP was struggling at £5 million... today it's over £75 million.

And at the forefront of it all is the company I want to reveal to you today. In fact, it's been the biggest, most established company on the island since 1851!

It also owns a major chunk of the Falkland Islands themselves... the shopping complex, houses, hotels and flats in Stanley, sea vessels and cruise ships, insurance companies, the slaughterhouse and hundreds of red-hot development land.

This is a company with real earnings. Profits have increased year on year and so have the dividends it hands out to its investors! Just take a look at the company's dividend yield over the last five years:



If you'd owned 10,000 shares this April a nice £800 cheque would have landed through YOUR letter box!

Of course there is absolutely no guarantee this will continue. Past performance is no guide to the future.

But I've poured over its balance sheets, studied the business outlook for 2010, heck, I've even scrutinised the chief executive face-to-face... and everything points to an explosive future. And if the oil potential materialises as it's expected to over the next 12 months or so... its stake in the Falklands oil story will be worth BILLIONS.

Read on and discover how you can unlock this recommendation absolutely FREE!


When I first learned about the Falklands oil discovery, I was impressed with the oil potential. But what really excited me was learning that, even if the price of oil drops by 50% overnight, you could still make money.

Sound weird? Let me explain...

The truth is, the investment I've been telling you about isn't another typical "oil play"... it’s something a lot sharper and a lot shrewder than that…

It's what I call a "hidden value" investment, because it has more than just a stake in the Falkland oil profits.

In fact it's a very profitable, 156-year-old established company and it owns 8.2% of an oil driller that could be about to make a BIG strike!

Now consider the potential here...

Remember, just off the East Falklands coast lies an estimated reserve of 60 billion barrels.

How much is that worth? Well, even if oil drops more than half its current price... and sells for $35 a barrel... that still amounts to $2,100 billion of oil reserves - worth about £1,295bn.

8.2% of that is worth £106bn... and the total value for this entire company on the stock market is currently less than £50m!

Do you see why this company is a brilliant "hidden value" share?

How my "hidden value" investing strategy could earn you a 97% return over the next 12 months…This figure is a forecast. Forecasts are not a reliable indicator of future results.



Believe me it's not easy to find these overlooked potentially profit-packed companies. It takes a lot of work and dedicated research to uncover firms on the verge of hitting their tipping point… on the verge of charging ahead into enormous gains.

But I believe this is the ONLY way to ever invest in a share.

My name is Tom Bulford.

I'm the Editor of The Bulford Files, an elite investment advisory alert service published by MoneyWeek Ltd.

The Bulford Files concentrates on finding the most solid, cheapest shares in the UK market - "hidden value" investment situations, like the company with a stake in the Falklands oil discovery I've been telling you about.

If you would like to learn more about this incredible situation - an opportunity that could make you a ridiculous amount of money - I'll send you a detailed study, called The Falkland Report, completely free of charge.

Claim your FREE report by scrolling to the bottom of this page, or read on so I can tell you a bit about myself and how I discovered the real and only way to make consistent money in the stock market: by investing in "hidden value" shares.

The proven potential of
"hidden value" investing...

I used to manage a European fund for the Argentinean market that grew into that country's largest mutual fund. I was also a director for Schroder Investment Management International. For years I was responsible for over £2 billion of rich foreign clients' money.

With over 30 years experience in the world markets, I've pretty much seen it all.

I've seen plenty of eager young traders come and go... most of them turn up fresh out of uni with big egos and even bigger misconceptions of the money to be made. Most crash and burn pretty quickly.

And it's all because of the misconceived idea that in order to make big money in shares you have to gamble with overly risky companies in order to make quick-fire winners - regardless of a stock's fundamental value.

Nowadays my time is my own. And this is how I spend it:

I conduct detailed research into companies that show robust management, sound balance sheets, exemplary prospects for future profit, but yet for whatever reason are completely ignored by the wider market.

I've been using this strategy for the past five years to find what I believe to be the absolute best, as safe as can be, most overlooked "value" investment situations in the UK market for a small group of like-minded investors.

If you've never heard of my "hidden value" strategy before, I'm not surprised. Most people haven't... But in all my years of investment experience, I have never seen another strategy that works so consistently and effectively to bring the potential for such amazing gains.

But don’t just take my word for it...

This same hard-work approach has
paid-off handsomely for some of the
world's richest investors...

Warren Buffett will not invest in ANYTHING he doesn't fully understand. Plain and simple - he point blank refuses to.

What he does look for is real "hidden value" in the shares he decides to invest in. And it's what's made him the most well-known, super-successful investor in the world (in fact he's the second-richest man in the world, according Forbes).

The point is this: buy into shares that offer genuine “hidden value” and they sometimes REALLY pay off. Using this strategy you can often make the sort of gains usually associated with high risk, highly speculative stock market punts.

Okay, I'm no billionaire, but it's important for me to be totally aware of what I'm getting into before I'll part with a penny of my cash.

I don't just look at charts and graphs. I absorb facts and figures... get a real understanding of the companies I'm interested in. But above all, I talk to people.

And it was doing this that convinced me NOW more than ever is the time to get in on the Falkland's oil story.

Very soon I believe the market will realise the value of this share, its price will soar and the opportunity for you to profit from potentially the biggest oil bonanza in recent years will have gone.

If drilling proves to yield commercially viable quantities of oil you could see astronomical gains from the company poised to profit when this excitement sends Falkland land and property prices sky-high!

And now that a major player has agreed to put £49 million into the project, there's no question - the "endgame" has begun! I really don't think it'll be long before we could see big moves in the share price...

But before any of this can happen, I'd like to send you full details of this company, including a comprehensive breakdown of its business, prospects, management, history and, most importantly what I believe is its real value.

With the world's supply of cheap oil in deadly crisis, I believe this is going to be a MAJOR story over the next 12 months, and beyond - one that could generate hundreds of billions of pounds for investors.

And I want to let YOU in on it...

This special Falklands report is yours for free – plus 3 extra “hidden value” tips that could earn you gains of 84%, 114% and 37%... all within just 12 months!These figures are forecasts. Forecasts are not a reliable indicator of future results.



In return, I'd like you to review The Bulford Files for three months. It is the most deftly researched UK market investment strategy we have here at MoneyWeek Ltd. The aim is to take carefully placed positions in companies that minimise the risk of losses, yet still have the potential to yield stunning returns.

In short, you and a select few shrewd investors are invited to join us as we secure our investments in what I believe are the most dynamic and high-growth companies that the UK has to offer.

If you truly believe that real, long-term market success tends to be based on strong fundamentals and good, solid value...

...then you're exactly the kind of investor I'd like to hear from.

I'd also like to give you - assuming you're the right person for this type of elite service - privileged access to every single one of the grossly undervalued, solid businesses with high-growth potential shares in my portfolio right now - including 3 of which could make you potential returns of 84%, 114% and 37% in this year alone.Come on board today and you’ll receive these three
extra reports absolutely free…


Extra report #1:
“Snap up this 'boring' finance stock for a possible 84% gain… ”

I’ve prepared a special bonus report telling you everything you need to know…These figures are forecasts. Forecasts are not a reliable indicator of future results.



Extra report #2:
“The tech revolution that could shoot one of the UK’s brightest companies to a 114% gain”

Read the full complimentary report and find out who they are and how to get in today…


Extra report #3:
“How you could make 37% from the great ‘spin’ explosion”

Read on and find out how to get your hands on all the details…

Of course there can never be any guarantees that my projections will come good.

I can show you why I'm so confident they will. But I need to warn you first...

STOP
"The Bulford Files" may not
be right for you

Now before you make a decision on whether you'd like to receive my advice, let me just make one important point very clear: this service is NOT for the average investor.

Stop reading NOW if you cannot answer “YES” to these three questions…

The fact is, The Bulford Files is not for most investors... and I want you to think seriously whether or not this is for YOU...

1) Are you a serious investor?

This is for serious investors only, those that understand the market and the importance of value. This is not for occasional, small-time investors who throw in £300 here and £1,000 there, just a couple of times a year.
This savvy investment circle could be earning you serious money, too…

“An excellent tipping service of exceptional value which has resulted in my receiving some great gains over a very difficult two years in the market, thank you very much”
Mr. Glyn Williams

“I have followed your advice and guidance from the outset… I feel sure that I must be only one of many who gratefully benefit from your expert knowledge and experience in stocks and shares. Very many thanks…”
Alec Jenkins, Cornwall

So, I’m not looking for “Flash Harry’s” who want to nip in and out for a quick quid. I
want investors who understand they might have to wait months or even a year to bank
any profits.


2) Do you have the passion to see an investment through?

This service is not for people who panic the instant a share drops 5%, 10% or even 15% in value. And, to be frank, if you don't like risk and you’re excited by gains of that amount, you should probably stop reading, too.

Any realistic investor knows that a share can go up and down by increments before it realizes its true value. I cannot count the times a share that’s turned out a profit for me has fluctuated by these margins along the way. And we may have to accept losses along the way too.

Because a share can obviously go down in value and not recover. At these times, it’s best to cut your losses and sell it. Then you move on. That’s investing.

And the truth is, it can scare some investors away.

But serious investors know that their capital is at risk, that investing in shares can be risky and that anyone should only ever put money in that they can afford to lose.

You also know that some of the smaller stocks I go for are pretty illiquid – meaning there can be large differences between the sale and purchase price (the bid/offer spread). So if you need to sell them soon after you have bought them, you might get back less than you paid. And when investing in foreign shares, the exchange rate can work both for and against you.

So you should be prepared for that.

Look, although the dreamers might wish for a stock to simply go up and up and up, sometimes you simply have to hang on before for the potentially spectacular pay-off that “hidden value” shares can bring.

3) Are you excited by the raw profit potential of
“hidden value” investing?

Invest alongside me and you could be part of the small group of people taking a clean run at a big double digit gain. And that’s just the start…

Over the coming months, I pledge to bring you a whole series of BRAND NEW opportunities. In fact, all my current readers have to do is select which potential double and triple digit gain plays are right for them. Then they simply decide when to make their move.

And I want to make something very clear: being a part of this exclusive group is simple.

Because I do all the hard work. I do all the hours of research. I go to all the meetings and read through thousands of pages of raw data… all for one reason and one reason only: to hand my small circle of readers opportunities to make money – serious money – month, after month, after month.

And here’s the best part…

You can enjoy this profit potential
today, with NO commitment…

Just read The Falkland Report – and you’ll learn everything you need to know to buy into the raw profit potential I’ve been telling you about today.

And I’d like to give you this report absolutely free.

In return, all I’d like you to do is review The Bulford Files for three months.

Quite simply, it’s one of the most exciting, deftly researched and realistic investment services here in the UK.

And that’s why I like to keep the membership down to a select number of
like-minded individuals – real investors who appreciate the astonishing potential
of “hidden value” investing.

I want the right kind of investors to get the most out of this opportunity.

And I want YOU to be one of the ones to profit from this industry defining story.

I’m not building this up, I’m not exaggerating: if commercial drilling begins, it could totally change the oil industry forever. There will be a new major player on the scene and this is your chance to get in on that deal – at the very start!These figures are forecasts. Forecasts are not a reliable indicator of future results.



And remember, you could be cashing out a profit anywhere between 97-17,611% if they start pumping oil!

Get in early on this stock, and others like them, and they all have the potential to make you a fantastic return on your money… with a strategy that looks seriously at limiting risk by hunting out solid, undervalued companies.

If that sounds like something that works for you, just scroll down to the end of this letter to sign up right now.BREAKING NEWS...BREAKING NEWS...BREAKING NEWS
New members are only being accepted to join The Bulford Files through this Falkland opportunity until 10.00 AM, 10 June.


A whole year with me is better
value than one measly hour
with most other top-level
financial advisors...

If you're interested in becoming a member, I'd like to let you try it out first - on a no obligation basis - for three whole months.

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The Bulford Files isn't cheap. This obsessively researched, exclusive, premium service will cost you £496 per year.

When you read my special report and see the potential gains to be made from
“The Falkland Report” you’ll see that this represents a stunning bargain. (Remember, we’re talking about a long shot potential gain of 17,611% here…!)These figures are forecasts. Forecasts are not a reliable indicator of future results.



But let me put this in context for you: I know some fund managers who charge more than £500 PER HOUR(!) for a consultancy...

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All you have to do is complete the simple online order form by clicking one of the links at the bottom of this letter and here's what you'll get:

1) A COPY OF MY EXCLUSIVE REPORT: “The Falkland Report”

In it you'll find out everything you need to know to position yourself for maximum profits right away. You have to move fast or I think this play will be dead for investors looking to make the biggest return.

You’ve already seen what an oil strike can do for a company...

You’ve also seen how the smallest scraps of information have been nudging their share price higher and higher… So you MUST get in NOW to stand every chance of trapping the largest potential profits.

Remember, when the city wakes up to this share and momentum picks up pace, the price could supercharge, and you’ll be better placed than 99% of regular investors to make a substantial amount of money.

So get in now!These figures below are forecasts. Forecasts are not a reliable indicator of future results.



Important note: you get to keep this report, whatever you decide to do. I want you to have it, even if you don’t join The Bulford Files. But I do want you to think about it – because this opportunity is just the tip of the ice-berg.

2) THREE EXTRA "HIDDEN VALUE" PROFIT PLAYS:
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Why I believe a particular business is undervalued yet shows specific upside potential, in other words: Why it’s a "hidden value" investment...

Why I expect the stock's value to make itself known to the wider market in the imminent future...

What potential gains we expect to take when this happens...

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With this “gateway Falklands stock” alone you could be set for a stunning 97% gain within the next 12 months.These figures are forecasts. Forecasts are not a reliable indicator of future results.



Add that to the potential gains like those above of 84%, 114% and 37%.... and I hope you’ll see the immense profit potential I work hard – day in, day out – to deliver for my readers.

Take one simple action today and you could be in on them too.

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Best regards,



Tom Bulford
The Bulford Files

P.S. A recognised independent oil industry study group report has concluded that there are up to 60 BILLION barrels of oil around the East Falklands Basin. A number of oil majors have been clamouring to partner this tiny oil company that holds 100% rights to the field.

I believe it's only a matter of time before further announcements fire this stock into tremendous profit. By which time you could have made an awful lot of money. I’m talking about the kind of profit you may never get the chance to make ever again.

So, if you do one thing with your money, you should grasp this opportunity while the chance to make the biggest possible potential gain is still on the table! So get in now!

P.P.S. Claim your three-month trial of The Bulford Files and receive full details on what I believe is the hottest investment opportunity of our times. Simply sign up below to gain yourself access to an investment circle that could realistically make a massive difference to your personal wealth...


Please select one of the offers below Pay just 99GBP every 3 months by Direct Debit (and receive your 20% discount)
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All share prices and monetary calculations are correct as at market close on 11/05/10.

IMPORTANT RISK WARNINGS

Your capital is at risk when you invest in shares – you can lose some or all of your money, so never risk more than you can afford to lose. Shares recommended in The Bulford Files can be small company shares. These can be relatively illiquid, which means they can sometimes be hard to trade and there can be a large bid/offer spread. So if you need to sell soon after you’ve bought, you might get less back than you paid. This can make them riskier than other investments. A full portfolio is available on request. Past performance and forecasts are not reliable indicators of future results. Profits from share dealing are a form of income and subject to taxation. Tax treatment depends on individual circumstances and may be subject to change in the future. Editors may have an interest in shares recommended. Special first year price offers are only available to those who have not previously subscribed and are limited to one subscription per household. Full details of our complaints procedure and terms & conditions can be found on our website, www.moneyweek.com/.

The Bulford Files is issued by MoneyWeek Ltd. Registered office 7th Floor, Sea Containers House, Upper Ground, London SE1 9JD. Customer services: 020 7633 3780. Registered in England and Wales No 04016750. VAT No GB629 7287 94. FSA No 509798 www.fsa.gov.uk/register/home.do. MoneyWeek Ltd is authorised and regulated by the Financial Services Authority.

© 2010 MoneyWeek Ltd.

[Wildschwein]

Antwort auf Beitrag Nr.: 39.533.715 von Hafturlaub am 17.05.10 18:00:00

[Wildschwein]

Antwort auf Beitrag Nr.: 39.537.629 von Wildschwein am 18.05.10 11:04:10

[Wildschwein]

es könnte sein,
dass in diesen Tagen die lang ersehnte Phase für Falkland Islands eingeläuted wird...

[Wildschwein]

Antwort auf Beitrag Nr.: 39.537.876 von Wildschwein am 18.05.10 11:34:22

sie läuft gerade davon

[al_sting]

Antwort auf Beitrag Nr.: 39.538.138 von Wildschwein am 18.05.10 12:07:22

aktuell 5,15 bpd
In Großbitannien der höchste Kurs seit 5 Jahren. Nicht schlecht!

Hoffen wir nur, dass es nicht zu einem Absturz nach der Bohrung kommt.

[Wildschwein]

+7% bis jetzt heute!!

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.538.817 von Wildschwein am 18.05.10 13:43:31

569,50 pence (+9%) in London, umgerechnet 6,70€. Bei dem Umfeld!
Aktuelle Meldungen gab es nicht, dürfte also am Börsenbrief-Push liegen, oder?

[al_sting]

Antwort auf Beitrag Nr.: 39.545.322 von Hafturlaub am 19.05.10 10:55:54

Börsenbrief-Push und die Euphorie nach dem Ölfund.

Und Flucht in sichere Werte (Rohstoffe) nach dem Unruhen mit Wirtschaft und Pfund.

[Andrija]

Antwort auf Beitrag Nr.: 39.545.352 von al_sting am 19.05.10 10:59:32

Jetzt ziehen große Pakete den Kurs wieder runter. Vermutlich hat Bulford seinen Zielkurs erreicht und schmeißt nun ab.

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.545.834 von Andrija am 19.05.10 11:53:30

Kannst du am AIM handeln? IB bietet es leider nicht an, meine dt. Depotbanken eh nicht.

[Andrija]

Antwort auf Beitrag Nr.: 39.547.117 von Hafturlaub am 19.05.10 14:21:43

Das kann ich Dir generell nicht beantworten. Ich habe ein Deutsche Bank Depot und über dieses habe ich vor 2-3 Jahren mal 800 Stück in London gekauft. Da Falkland ein AIM-Wert ist, sage ich mal hypothetisch ja. Prinzipiell hoffte und hoffe ich immer auf akzeptabele Pari-Kurse in Deutschland, da nach meiner Erinnerung mind. eine Börsenplatzgebühr von 40 EUR berechnet wird.

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.548.481 von Andrija am 19.05.10 17:00:27

Ich hatte nur noch Nordnet als Möglichkeit gefunden, die berechnen 0,3% , mind. 25 GBP, dazu die Stempelsteuer von mind. 5 GBP (je angefangene 1000 GBP). Alles nicht unbedingt zum Daytraden geeeignet, aber für die "Langfristanlage" akzeptabel.

Wenn ich das rumgegurke des Maklers in Frankfurt sehe, diesen absurden Spread, bei diesen Kleinstmengen im Bid/Ask....bin ich tatsächlich am überlegen, nur wegen den paar AIM-Werten bei Nordnet ein Konto zu eröffnen.

[Andrija]

Antwort auf Beitrag Nr.: 39.554.382 von Hafturlaub am 20.05.10 12:30:24

Mit FIH daytraden hätte in der Vergangenheit auch wenig Sinn gemacht und empfieht sich weiterhin nicht. Wenn Du aber mit Desire, Rockhopper und Borders "rumzocken" möchtest, bietet sich noch ein wohl etwas günstigeres Saxo-Depot an. Die haben eine ganz illustre Auswahl von Werten. Manchmal ist der hinterletzte Pennystock handelbar und dann kann man nicht mal jeden MDAX-Wert handeln. FOGL und FIH geht z.B. nicht.

Die angesprochenen Explorer gehen auch als CFD´s - wenn Du also so richtig ins Risiko willst und die Bettler oder Millionär-Nummer abziehen möchtest, bist Du da richtig.

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.554.821 von Andrija am 20.05.10 13:15:40

Danke, aber RKH und DES kann ich über IB handeln, da beide nicht am AIM gelistet sind.

[Andrija]

Irgenwie ganz schön anstrengend das ganze Auf- und Ab. Erst haben alle Kaufpanik und nun wollen sie wieder raus. Ne, so richtig ist unser Wert mit seinem Potential noch nicht entdeckt. Mal eben ohne Sinn und Verstand 10% in einer guten Stunde wieder runter.

[Scar]

Antwort auf Beitrag Nr.: 39.556.371 von Andrija am 20.05.10 15:47:18

geht gerade bei vielen Werten so ab.
Die Börse ist sehr nervös und kratzt gerade extrem ab.

[schlangenmeister]

Antwort auf Beitrag Nr.: 39.556.371 von Andrija am 20.05.10 15:47:18

tja, es wird gerüttelt und geschüttelt...

ich bleibe einfach im boot und stocke bei schwäche nochmal auf

[Andrija]

Antwort auf Beitrag Nr.: 39.554.382 von Hafturlaub am 20.05.10 12:30:24

Gerade gab es in Frankfurt mal einen "Minispread" 6,08 zu 6,10 und das obwohl 6,24 gg Londons Geldkurs zu zahlen gewesen wären. Habe die 300 Stück mal mitgenommen, wobei das Kursrisiko nach unten noch sehr hoch ist.
In den Englandboards wird teilweise von einem 90%igen Toroa-Erfolg fabuliert (ist sicher eine geringere Chance), aber für den Fall des Erfolgs will ich nicht später weiter den Kursen hinterherlaufen - habe ein gutes Gefühl.

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.562.855 von Andrija am 21.05.10 11:21:59

immerhin 300 Stück, manchmal hat er auch nur 100 im Angebot..

Ich bin schon mit 10% meines Depots in FIH, mehr würde ich auch erst nach Bohrergebnissen für Toroa riskieren.

Vorher will ja Rockhopper noch Einzelheiten über ihren Fund bekannt geben. Sollten diese sensationell sein und der Kurs von FIH noch im aktuellen Bereich liegen, würde ich sogar unabhängig Toroa evtl. nochmal zulegen.

Sollte Toroa doch ein Treffer werden, wäre das natürlich Super. Falls nicht, würde ich auf jeden Fall den dann zu erwartenden kleinen Crash bei Mutter und Tochter zum Kauf nutzen und auf anziehende Kurse im Vorfeld der "richtigen" Bohrungen setzen.

[Andrija]

Antwort auf Beitrag Nr.: 39.563.157 von Hafturlaub am 21.05.10 12:00:09

Gefällt mir Deine Strategie. Wenn Toroa aber trifft, und das ist meine große Hoffnung, ist alles durch.

Mit 10% musst Du Dir aber keine Sorgen machen. Ich habe fast alles um 3 EUR gekauft und der FIH/FOGL-Anteil meines Depots liegt inzwischen um 50%. Ich weiß, geht eigentlich gar nicht, aber ich will keine Rente ab 67. FIH ist mein Seelenbalsam wenn im Büro wieder mal alles zu viel wird.

[schlangenmeister]

Antwort auf Beitrag Nr.: 39.563.446 von Andrija am 21.05.10 12:38:14

da bist du nicht alleine. bin auch locker über 50%.

was ist erst, wenn toroa ein treffer wird...

vielleicht 95%....dann muß ich aber ein teil verkaufen

[Andrija]

Antwort auf Beitrag Nr.: 39.563.628 von schlangenmeister am 21.05.10 13:00:54

Schön, mit der Situation nicht alleine zu sein. Wenn ich verkaufe, werde ich das Geld aber nicht an der Börse reinvestieren.

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.563.446 von Andrija am 21.05.10 12:38:14

Es kommt natürlich auf die jeweilige Lebenssituation an. Da ich seit Jahren ausschließlich vom Traden/aus Kapitaleinkünften lebe und dies auch nicht mehr eintauschen möchte ist der Kapitalerhalt meine wichtigste Regel. Am Ende muß man einfach nur mit seinem Investment gut schlafen und auch mit einem Totalverlust klarkommen können.

Ich glaube auch nicht, daß nach einem Toroa-Erfolg die Story schon durch ist. Das Potential wird dann geringer, das Risiko dafür auch erheblich kleiner. Es ist ja gut möglich, daß Toroa genug Öl anzeigt, daß der dann bezahlte FOGL Kurs damit komplett "abgesichert" ist, die weiteren Potentiale aber noch nicht enthalten sind. Dann würde ich auch zukaufen.

Wie schaut dein Plan aus, falls Toroa eine Niete wird?

[Andrija]

Antwort auf Beitrag Nr.: 39.564.474 von Hafturlaub am 21.05.10 14:40:24

Eine solche Lebenssituation wie die Deinige würde ich mir mit einem Falklanderfolg auch wünschen.
Ich kann aber auch bei einem Totalverlust noch ruhig schlafen. Wenn mein Depot zwar nicht ausreichend diversifiziert ist, gilt das natürlich nicht für meine gesamte Vermögensituation.

Nach einem Toroaerfolg ist die Story sicher nicht durch und ich würde meinen Aktienanteil auch nur ganz gering abschmelzen - sprich ich will das Ding bis zum relativen Ende gehen. Zukaufen kann ich nach einem Toroaerfolg vermutlich nicht mehr, da fehlen schlicht die Mittel.

Wenn es eine Niete wird? Erstmal 2 Tage heulen...ne, im Ernst, ich bin ja mit einer Quote von 85:15 in FIH vs. FOGL drin - mal abgesehen von kleineren RKH und DES-Positionen. Ich gehe davon aus, dass bereits der jetzige Ölfund und das aktuelle Ölfieber ausreichen müsste, mich auch bei einer Niete nicht unter den Einstiegskurs zurückfallen zu lassen. Und dann kommen ja noch ein paar Bohrungen...

[Trader evil]

RNS Number : 5853K
Falkland Islands Holdings PLC
22 April 2010
Falkland Islands Holdings plc
Pre Close Trading Update
Falkland Islands Holdings plc ("FIH" or the "Group"), the AIM quoted international services
group which owns essential services businesses focused on transport and logistics and which
has a major shareholding in AIM quoted oil exploration company Falkland Oil and Gas
Limited ("FOGL"), is pleased to provide the following update on trading for the year ended
31 March 2010.
The FIH Board expects the results for the financial year ended 31 March 2010 to be above
market expectations with underlying pre-tax profits ( before amortisation and non trading
items ) a little ahead of the re-stated prior year figure of £2.3 million.
Highlights
· Falkland Islands Company - Stronger results than anticipated from the Group's business
in the Falkland Islands, with freight and local service businesses boosted by oil exploration
activity and mine clearance operations. Profits from property disposals and encouraging year
on year growth at the newly extended West Store also contributed.
· Portsmouth Harbour Ferry Company - Previously implemented fare rises and tight
control of operating costs offset a 4.3% decline in annual passenger numbers.
· Momart - Recovery in the commercial art market and success in winning large exhibition
contracts boosted revenues and performance in the second half resulting in results ahead of
budget.
· Liquidity - Helped by the sale of three million FOGL shares for £3.6 million in
November 2009, the Group's cash position will show cash balances in excess of £3 million
and net borrowings reduced to below £2 million at 31 March 2010.
· The Group's pre-tax profits will be boosted materially by the £3.1 million profit on the
sale of FOGL shares in November 2009 together with £0.2 million of cash compensation
received for the early surrender of a property lease at Momart.
· FOGL stake - The initial disappointing results reported by other companies now drilling
the North Falklands basin have not affected prospects for success in the geologically separate
South Falklands Basin where FOGL has its licence. Drilling on FOGL's Toroa prospect is
expected to commence by the middle of the year.
· FIH retains 12 million FOGL shares (8.2% holding). At a price per FOGL share of 130p
the market value of this holding at 31 March 2010 was £15.6 million.
Chairman David Hudd commented:
"I am delighted with the recovery in performance in both our Falklands operations and at
Momart. Despite the global recession, the Group, with its family of resilient, cash generative
businesses, is weathering the storm well. However, market conditions generally remain
challenging and increased freight costs are likely to impact our Falklands business in the
coming year.
"We continue to watch developments in the South Atlantic with keen interest and remain
excited by the prospect of the potential upside that will flow from any commercial
discoveries of hydrocarbons near the Falkland Islands."
The Group's preliminary results will be released on 23 June 2010.
Enquiries:
Falkland Islands Holdings plc www.fihplc.com
David Hudd, Chairman Tel : [phone]
John Foster, Managing Director Tel: [phone]
Altium
Tim Richardson
Cameron Duncan
Tel: [phone]
Financial Dynamics
Billy Clegg

[Hafturlaub]

Rockhopper schmiert gerade in London ab, ich hoffe mal, das keine schlechten News bezüglich des Fundes in Anmarsch sind.

[Andrija]

Antwort auf Beitrag Nr.: 39.620.243 von Hafturlaub am 02.06.10 13:53:58

Wilde Panik dort - angeblich nur ein "Treeshake"

aus dem GB-Board:

Samuel Moody
Managing Director
Email:
[e-mail]
Telephone:
01722 414 419

spoke to someone do not know whether or not it was sam moody or not and he states there is no reason for this share price to be falling the way it is at the moment. I asked whether there has been a leak and he mentions it is highly improbable. Its COMING BACK UP! Please call the number to verify what I have found. Someones playing a dirty trick here.

[Andrija]

Antwort auf Beitrag Nr.: 39.620.574 von Andrija am 02.06.10 14:41:37

Das Ding ist bis auf 62,5 Pence abgeschmiert - in absolut kürzester Zeit. Da soll noch einer daran glauben, dass er es bei (k)einem Ölfund unserer Explorer noch rechtzeitig rein oder raus schafft.

Ich habe diverse Orders (Real-Time) plaziert, alle deutlich höher als die Tiefstkurse. Der einzige Deal der geklappt hat, war FIH für 4,50 in London. Bei Panik(ver)käufen haben wir keine Chance einer Order auszuführen.

[Andrija]

Antwort auf Beitrag Nr.: 39.620.643 von Andrija am 02.06.10 14:49:01

Jetzt ist es offiziell - da waren richtige Abzocker am Werk:

For immediate release: 2 June 2010



Rockhopper Exploration plc

("Rockhopper" or the "Company")



Statement re. Share Price Movement



Rockhopper Exploration, the North Falkland Basin oil and gas exploration company, notes the significant share price movement today. Rockhopper is not aware of any reason for this movement but makes the following update:



Work is continuing on analysing the results of the Sea Lion 14/10-2 well and is expected to be concluded shortly. The Directors have no reason at present to believe that the outcome of the analysis will not meet their expectations as regards to potential resources.



As regards oil quality, there has been a delay in returning a sample to the UK due to air transport logistics difficulties between the Falkland Islands and the UK and subsequently clearing Customs. The sample is however now in the UK and analysis will be underway very shortly. Nevertheless, a sample of oil from the shallowest oil sand in the well was subjected to a preliminary test in Stanley and this indicated a medium grade crude, broadly in line with the Directors' expectations, with an API of 26.3.



A further announcement will be made when the full results are available which is expected to be in the next few days.



Enquiries:



Rockhopper Exploration plc

Sam Moody - Managing Director

Tel. [phone] (via M: Communications)



M: Communications

Patrick d'Ancona or Ben Simons

Tel. [phone]



Canaccord Genuity Limited
Robert Finlay/ Henry Fitzgerald O'Connor

Tel. [phone]

[Hafturlaub]

Antwort auf Beitrag Nr.: 39.620.721 von Andrija am 02.06.10 14:58:59

Hammerhart. Was will man da machen. SL bei FOGL und FIH in D ist sowieso sinnlos, man kann also nur die Positiongröße so wählen, daß man einen Totalverlust übersteht. RKH gleich im Plus...

[Andrija]

Antwort auf Beitrag Nr.: 39.620.812 von Hafturlaub am 02.06.10 15:09:19

Mit ´nem Stopploss kannst Du nur verlieren. Da haben ein paar ganz böse Buben mit der Angst vor einer schlechten Nachricht gespielt. Die "Zwischen"nachricht ist bisher TOP - rechtfertigt für Rockhopper sicher einen Preis von 3 Pfund. Natürlich haben jetzt alle Angst vor dem nächsten "Treeshake" oder üben Kaufzurückhaltung um wieder billig reinzukommen. Hammer, kann man hier absahnen.

Du hast schon Recht mit Deinem Traderleben: "Wer arbeitet hat keine Zeit Geld zu verdienen".

[schlangenmeister]

echt krass heute

da haben wohl einige verkauft und andere gekauft

läßt mich noch mehr glauben, dass dort wirklich viel öl ist

ich lasse mich nicht verrückt machen

schaue nicht ständig auf den kurs

[Hafturlaub]

Nach der heutigen Meldung von Rockhopper kann man also davon ausgehen, daß in naher Zukunft Öl vor den Falklands gefördert wird. Wenn ich mich recht entsinne, bekommt die Insel 35% der Einnahmen. Es werden also jährlich zig Millionen, evtl. auch mehrere Milliarden, falls wesentlich mehr gefunden wird, über die 3000 Einwohner hereinbrechen. Wie wird man am schnellsten Falkländer?

[Andrija]

Antwort auf Beitrag Nr.: 39.631.698 von Hafturlaub am 04.06.10 11:18:55

Du bist schon Falkländer!

[al_sting]

Ich setze mal die Nachricht von Reuters herein:

LONDON, June 4 (Reuters) - British oil explorer Rockhopper upped its estimates for the closely watched Sea Lion oil find in the Falkland Islands and said further upgrades were possible, sending its shares soaring.
The Sea Lion well is the first oil find of an exploration programme in the Falklands and has sparked protests from Argentina, which almost 30 years ago fought a war with the United Kingdom over sovereignty of the British-governed islands, called the Malvinas by Buenos Aires.
"Our analysis of the data from the Sea Lion well suggests that there is significant potential upside on our acreage," Rockhopper said in a statement on Friday.
Shares in Rockhopper, which takes its name from a breed of penguins found in the Falklands, jumped as much as 52 percent in early trading and were up 35 percent at 326 pence at 1042 GMT.
Other Falklands-based explorers Desire Petroleum, Falkland Oil & Gas and Borders & Southern gained between 10 and 26 percent.
Interest in the drilling campaign is high, not least because it may renew tensions between Britain and Argentina, and the share price fluctuations of the companies involved attest to the high risk/reward ratio involved in investing in small cap oil explorers.
Rockhopper shares have multiplied in value more than 5 times over the last month but plunged almost 60 percent earlier this week on fears the oil quality would not be as high as expected.
It means that investors buying the shares at their lowest point of 110 pence on Wednesday could have more than tripled their money on the back of Friday's news.
Shares in Desire Petroleum have veered from 53 pence last September to 133 pence once it started drilling and then down to below 40 pence after its first well turned out to be of poor quality.
Rockhopper said on Friday samples analysed confirmed the oil at Sea Lion was of medium-grade quality and even at the low case estimates, the prospect would be commercial down to an oil price of $50 a barrel.
While commercial production could lead to an economic boom for the remote British territory, which is home to about 3,000 people, environmental concerns will no doubt be raised, especially after the disastrous BP oil spill in the Gulf of Mexico.
Rockhopper said that pressure data indicated the existence of two separate oil columns and that the oil level goes down to 116 metres below the lowest previous mapped point of the Sea Lion fan.
According to RPS Energy, the best estimate for recoverable reserves is now 242 million barrels, compared with a previous estimate from last April of 170 million.
Oriel Securities analyst Richard Rose said he now valued the Sea Lion prospect at 750 to 800 pence per share, but highlighted Rockhopper would need to raise more funds for flow testing.
"There was no specific guidance on the other prospectivity on Rockhopper's blocks although the Sea Lion result has clearly derisked the potential of the northern acreage in the North Falklands Basin where the company has several prospects," he added.
Rockhopper said it would seek to test Sea Lion well 14/10-02 as soon as possible, as well as to start drilling the high-risk Ernest prospect.

(Editing by Rhys Jones, Michael Shields and Karen Foster)

($1=.6783 Pound) Keywords: FALKLANDS OIL/ ([e-mail]; [phone]; Reuters Messaging: [e-mail])

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[Trader evil]

Anlässlich einer Rede zum Jahresempfangs der Falkland-Inseln Regierung am Mittwoch, 16. Juni 2010


Auszugsweise etwas frei übersetzt:


.........Fischerei, Landwirtschaft und Tourismus waren lange die tragenden Säulen unserer Wirtschaft,.... weitere Entwicklungsarbeit notwendig, um wettbewerbsfähig zu bleiben und Einkommen zu generieren. . Unsere neue Strategie der wirtschaftlichen Entwicklung wird unsere bestehenden Branchen stützen und neue Tätigkeit fördern. Zur gleichen Zeit werden wir Anreize entwickeln für private Investitionen, einen neuen Hafen, die Fischerei und unsere Kreuzfahrtschiff Industrien zu unterstützen.

.....sichtbarsten Änderung der Wirtschaft der Inseln, trat im Februar dieses Jahres ein, mit der Rückkehr von einer Ölplattform zu Falklands Gewässern nach zwölf Jahren Abwesenheit.

Die ersten beiden Bohrungen haben bisher in dieser Kampagne zu einer Gas Entdeckung geführt und ein Ölfund gebohrt. Es ist jedoch zu früh, um zu erklären, ob diese Entdeckungen kommerziell lebensfähig sind, und deshalb ist es viel zu früh, um alle Haushaltspläne auf der Annahme Erfolg Basis. Wir wünschen den Ölgesellschaften ..... in ihren Bemühungen und freuen uns auf, weitere Ergebnisse zu gegebener Zeit................




Quelle:



Address by the Representative, Sukey Cameron MBE, at the Falkland Islands Government Annual Reception on Wednesday 16th June 2010.


"My Lords, Ladies and Gentlemen

As always, I begin by welcoming you to our Annual Reception and thanking you for your support. In times of change and uncertainty, it is good to have so many friends. We are very grateful.

I should particularly like to welcome the Governor designate, Mr. Nigel Haywood and his wife, Louise. We hope that he enjoys his new – unique – posting! His Excellency, Mr. Alan Huckle, leaves the Islands in September; we wish him and Mrs. Huckle a long and happy retirement.

This has been a year of change for all of us but as always, Falkland Islanders have demonstrated their ability to adapt to change and live with the uncertainty that it brings.

Last November saw the first election for the Legislative Assembly under our new Constitution. A record turnout of nearly 80% produced a completely new Legislature.

At the General Election here, the Falkland Islands lost many loyal Parliamentarians, including the Chairman of the All Party Parliamentary Group, Sir Nicholas Winterton, who was among those who retired. We thank him, and all those who served on the Group, for their many years of support. We look forward to meeting the new intake of MPs and working with the Parliamentary Group when it is reconstituted.

Like the new British administration, the Falkland Islands Government is having to confront the aftermath of the global economic downturn. Our budgetary position remains uncertain, not least through reduced fisheries income, reduced investment returns and reduced tourism numbers.

But there is also good news amidst the economic gloom. We have had a successful season in the Loligo squid fishery and inbound tourism is also showing signs of improvement.

Fishing, farming and tourism have long been the mainstays of our economy but require further development to remain competitive as income generators. Our new economic development strategy will sustain our existing industries and stimulate new activity. At the same time, we shall encourage private sector investment to develop a new port which will support our fishing and cruise ship industries.

However, the most visible and potentially transformational change to the economy of the Islands, occurred in February this year, with the return of an oil rig to Falklands waters after a twelve year absence.

The first two wells drilled so far in this campaign have resulted in a gas discovery and an oil discovery. However, it is too early to declare whether these discoveries are commercially viable, and therefore it is far too soon to base any budgetary plans on the assumption of success. We wish the oil companies well in their endeavours and look forward to further results in due course.

Disappointingly, Argentina has used the new round of oil exploration in the most unprincipled fashion, to re-ignite its spurious claim to Sovereignty. In an attempt to gain by economic sanctions, what it failed to achieve by military means, it has torn up the 1995 Agreement which would have permitted collaboration in the search for hydrocarbons. It has reneged on the 1999 Agreement to conserve fishing stocks in the South West Atlantic. It has imposed a ban on charter flights to the Falkland Islands, and sought to penalise companies wanting to do business in both countries.

Now, through a Presidential Decree, Argentina seeks to control the maritime access to the Falklands, contrary to the UN Convention on the Law of the Sea. Its actions begin to look suspiciously like an attempt at an economic blockade – which President Kirchner herself publicly ruled out during a speech she made in February!

It is immensely reassuring that the new coalition Government here has taken a strong stance in support of our righ

[Andrija]

Antwort auf Beitrag Nr.: 39.711.279 von Trader evil am 20.06.10 20:37:43

Die ersten beiden Bohrungen haben bisher in dieser Kampagne zu einer Gas Entdeckung geführt und ein Ölfund gebohrt. Es ist jedoch zu früh, um zu erklären, ob diese Entdeckungen kommerziell lebensfähig sind, und deshalb ist es viel zu früh, um alle Haushaltspläne auf der Annahme Erfolg Basis.

Na ein bisschen mehr Optimismus hätten die schon an den Tag legen können.

Übrigens ist FIH bei einem Kurs von 4,95 Pfund ohne Fogl nur rd. 3,4 Pfund je Aktie Wert. Angesichts der aus meiner Sicht doch hohen Chancen einer kommerziell lebensfähigen Entdeckungen und einer sich auch aus Fischfang, Kunst und Fährbetrieb finanzierbaren Dividende, ist der Kurs nicht wirklich realistisch und klar zu niedrig.

Scheint sich niemand mehr vor den FOGL-Ergebnissen ranzutrauen.

[Trader evil]

Antwort auf Beitrag Nr.: 39.714.968 von Andrija am 21.06.10 17:06:54

das sehe ich auch so, und in ein paar Tagen (denke ca. 7-9 Tg.)
müsste sich eigentlich wieder was bewegen.
So oder so.Nord oder Süd......Eher Richtung Norden......

[Andrija]

Antwort auf Beitrag Nr.: 39.715.641 von Trader evil am 21.06.10 19:10:10

Was habe ich da gestern eigentlich für einen Mist gerechnet. Natürlich 2,4 Pfund - ein klarer Kauf wenn man nicht schon massiv investiert wäre und nicht in 7-9 Tagen Ergebnisse anstehen, die den Einstieg NOCH billiger machen könnten.

Wenn FOGL bei einem Flop um 50% abstürzt, was ja allgemein angenommen wird, dürfte FKL rechnerisch nur auf 3,7 Pfund abschmieren. Faktisch würde der Absturz aber viel höher sein weil in der Panik dann keiner nachrechnet und alle vergessen, dass mit einem vermutlich kommerziellen RKH-Fund die Bedeutung von FOGL für FKL stark abgenommen hat.

Ich hoffe allerdings, dass die These nicht empirisch überprüft wird.

[Trader evil]

Antwort auf Beitrag Nr.: 39.719.114 von Andrija am 22.06.10 12:08:14

Außerdem glaub mir: Grau ist alle Theorie........



oder aber : der Mensch denkt....... usw.

[BaronOppenSAL]

http://www.investorschronicle.co.uk/Companies/ByEvent/Tradin…

[Trader evil]

News: verry good News

http://www.fihplc.com/support/upload/Prelims230610.pdf


.....With drilling underway on the Toroa prospect in the South Falklands basin, we are nearer to determining the full
potential of our stake in FOGL. Although a deep water rig will be required for FOGL's other prospects, the
ongoing drilling activity will continue to boost demand in the Falklands.......

[al_sting]

Und die resultierende Analyse des "Investors Chronicle":
http://www.investorschronicle.co.uk/Companies/ByEvent/Tradin…

Da ich nicht weiß, ob der Link ewig zugänglich ist, hier ein Vollzitat:

Falkland Islands waiting on drill result

Created:
23 June 2010
Written by:
Martin Li

Falkland Islands Holdings (FIH) made a welcome return to profit, but all attention remains focused on the Toroa well being drilled by Falkland Oil & Gas (FOGL), the result of which should be known within days. FIH would benefit immediately through its 8.2 per cent shareholding in FOGL if Toroa strikes oil, but the longer-term benefits could be even greater if any of the four explorers currently drilling around the islands makes a commercial discovery.

FIH's support services business is already benefiting from oil exploration, although the real upside will come should an oil discovery be declared commercial. That would trigger a long-term influx of oil men that would boost property demand (FIH has planning permission for 350 houses in the capital Stanley) and probably require the building of an additional hotel.

The business was hit by a second successive failure of the annual illex squid catch, although this may just be a cyclical downturn. Away from the Falklands, the Momart fine art handling business has seen its commercial gallery business bounce back, and would also benefit substantially from a recovery in museums activity. Brokers are updating their forecasts in light of these results.

FALKLAND ISLANDS HOLDINGS (FKL)
ORD PRICE: 515p MARKET VALUE: £46.9m
TOUCH: 510-520p 12-MONTH HIGH: 588p LOW: 248p
DIVIDEND YIELD: 1.7% PE RATIO: 9
NET ASSET VALUE: 376p* NET DEBT: 4%

Year to 31 Mar Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2006 15.2 3.02 31.8 6.5
2007 15.6 2.03 18.8 7.0
2008 17.2 1.91 16.3 8.0
2009 32.3 -0.63 -12.8 8.0
2010 29.2 5.67 58.2 9.0
% change - - - +13

Ex-div:15 Sep
Payment:29 Oct
*Includes intangible assets of £13.5m, or 148p a share

[Andrija]

Link: http://www.express.co.uk/posts/view/182797/FIH-hoping-for-oi…

FIH HOPING FOR OIL STRIKE IN FALKLANDS - Thursday June 24,2010

MINI-conglomerate Falkland Islands Holdings is “keeping its fingers crossed” for a major oil find in the region, managing director John Foster said yesterday.

The company has an 8.2 per cent stake in Falkland Oil and Gas Limited, which is expecting the results of initial drilling around the islands shortly.

But Foster said even if one of the other three explorers operating in the area enjoy success then the islands’ economy and the company will still benefit.

The company saw pre-tax profits rise from £2.3million to a better-than-expected £2.7million for the year to March, partly bolstered by the influx of oilmen into the islands as a result of exploration work. FIH shares rose 211⁄2p to 5071⁄2p.

“The drilling results next week will affect our shares but FOGL has other prospects,” said Foster. “It is working with BHP Billiton to drill wells in deeper water.”

However, any significant oil strike will boost property demand and the company has planning permission to build 350 houses in the capital Port Stanley. Oil will also reduce the company’s exposure to squid fishing.

FIH also owns art handling firm Momart. It said museum spending cuts had pressured the business although analysts said the firm would benefit from major auctions from private art dealers.

[snafur]

hat der Koch der ocean Guardian mal wieder zum Telefon gegriffen?
Entweder wissen einige wieder mal früher Bescheid, oder die Meute pusht sich wieder selber hoch:

[Andrija]

Antwort auf Beitrag Nr.: 39.745.769 von snafur am 28.06.10 14:25:29

Argentinien hat angeblich einen Fehlschlag im Radio gemeldet?!

[schlangenmeister]

Antwort auf Beitrag Nr.: 39.745.779 von Andrija am 28.06.10 14:27:18

"angeblich" kann auch genau das gegenteil bedeuten oder auch nichts

aber es ist was im busch, nur ruhig bleiben..

[snafur]

RNS Number : 3509O Falkland Oil and Gas Limited 28 June 2010

28 June 2010

Falkland Oil and Gas Limited

("FOGL" or "the Company")

Share price movement

FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, notes the recent share price movement and can confirm it knows of no reason for the price rise.

FOGL announced on 1 June 2010 that the Toroa F61/5-1 exploration well had spudded on Monday 31May. The Toroa prospect is located in Licence PL15, in which FOGL has a 49% interest.

The well is being drilled to an estimated target depth of 2,700 metres. Drilling operations were expected to take approximately 35 days. Some delays have been experienced due to bad weather at the beginning of drilling operations, however, FOGL expects to announce the preliminary results of the Toroa F61/5-1 well in the week commencing 5 July 2010.

Enquiries:


Falkland Oil and Gas [phone]


Tim Bushell, Chief Executive Oriel Securities (Nominated Adviser) [phone] David Arch / Natalie Fortescue
Financial Dynamics [phone]


Ben Brewerton / Ed Westropp

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


END

SPMFPMJTMBMTBIM

[Trader evil]

Datum Eröffnung Hoch Tief Schluss Umsatz
13.07.2010 431,00 431,00 400,50 405,00 19.867
12.07.2010 360,15 460,00 360,00 427,50 94.837
09.07.2010 530,00 530,00 500,18 502,50 21.949
08.07.2010 526,88 535,00 517,04 530,50 14.021

Rückgang um -23,58% vom 09.07.-13.07..Aber noch weit entfernt vom 52 Wochen tief.

(Wer vor einem Jahr bei FOGL eingestiegen ist liegt zur Zeit trotz des massiven Rückschlages auf Grund der spärlichen negativen Nachrichten vom 12.07. immer noch im + )


1 Woche -21,36%
1 Monat -23,94%
laufendes Jahr -10,99%
1 Jahr +39,66%
3 Jahre +31,71%
52W Hoch (19.05.2010) 590,00
52W Tief (17.08.2009) 241,00

[fred49]

Weiß wer, warum Falk.Holding im Juli so abgestürzt ist? Investition jetzt eures Erachtens ratsam?
gruß fred

[Andrija]

Antwort auf Beitrag Nr.: 40.100.362 von fred49 am 04.09.10 12:11:23

Es gibt keinen Grund für den Absturz! Der Preis ist ein Witz.

Aus meiner Sicht kann man bei dem Kurswert selbst auf kurzfristige Sicht nichts falsch machen. Falkland ist nur mit den letzten beiden Bohrflops etwas aus dem Fokus geraten.

[al_sting]

Antwort auf Beitrag Nr.: 40.100.362 von fred49 am 04.09.10 12:11:23

Ja: Die zweite Bohrung von Rockhopper war trocken.

[Andrija]

Selbst nach dem Kursnstieg der letzten beiden Tage viel zu billig!

[schlangenmeister]

Antwort auf Beitrag Nr.: 40.179.693 von Andrija am 20.09.10 17:48:13

ja stimmt schon aber einfach abwarten

[Andrija]

Billisch, billisch...

na, wer will an das 3.500er Paket zu 4,88 ran? In London sind wir bei 4,20 zu umgerechnet 4,97. So einen guten Kurs gab es in Frankfurt lange nicht mehr. Habe mich schon vor einer Woche weiter eingedeckt und kann nicht mehr.

[Andrija]

Antwort auf Beitrag Nr.: 40.179.742 von schlangenmeister am 20.09.10 17:53:37

Habe ich gemacht, jetzt kann man bei 4,4 Pfund wieder von einem angemessenen Kurs sprechen.

[MrRipley]

Antwort auf Beitrag Nr.: 40.185.899 von Andrija am 21.09.10 16:22:48

habe ich auch gemacht.

[schlangenmeister]

so,so ihr also auch

[Andrija]

Glückwunsch Jungs! Jetzt übertreiben sie aber langsam in London; mit 4,8 Pfund geht der Rebound etwas schnell.

[snafur]

Antwort auf Beitrag Nr.: 40.197.382 von Andrija am 23.09.10 11:11:37

Es geht das Gerücht, FOGL hätte eine Rig ...
Zieht heute den anderen davon:

[Hafturlaub]

zwei kleine Insider-Käufe.

Falkland Islands Holdings plc
("FIH" or the "Company")
Directors' Shareholdings

The Company was informed on 28 September 2010 that the following acquisitions of ordinary shares
of 10p each in the Company ("Ordinary Shares") were made on 28 September 2010 by Directors of
the Company:

David Hudd (Chairman) purchased 13,838 Ordinary Shares at £3.99 per share following which Mr
Hudd owns 100,000 Ordinary Shares, representing 1.08% of the Company's issued share capital.

John Foster (Managing Director) purchased 1,220 Ordinary Shares at £3.99 per share following which
Mr Foster owns 15,000 Ordinary Shares, representing 0.16% of the Company's issued share capital.

[Andrija]

Antwort auf Beitrag Nr.: 40.239.035 von Hafturlaub am 30.09.10 12:13:41

Bei dem Preis

Schräg ist die Nachricht trotzdem: FIH informiert am 28.09.2010 über einen Kauf vom 28.09.2010 und bei beiden zum Kurs von 3,99!? Das letzte Mal 3,99 hatten wir am 21.09.2010. Wäre ja ein Ding wenn die nach diesem Tag Vorzugskonditionen erhalten hätten.

Unabhängig davon staune ich über diesen Einstiegszeitpunkt. Dass Hudd nichts von dem BHP-Rückzug gewusst hat, würde mich erstaunen und von nachfolgenden Rigspekulationen mit enormen Kurszuwächsen war auch nicht auszugehen. Insgesamt scheint das Ding also billig zu sein und man könnte (wenn man noch mehr Geld in FIH investieren wollte) schon wieder prima einsteigen.

Allerdings ist auch BOR auf dem Nivau mit >200 Mio. Cash ein gute Diversifikationsmöglichkeit.

[Hafturlaub]

Antwort auf Beitrag Nr.: 40.239.799 von Andrija am 30.09.10 13:47:33

Am 28.9 war das Tief lt. IB bei 390p.

[Andrija]

Antwort auf Beitrag Nr.: 40.240.265 von Hafturlaub am 30.09.10 14:36:44

Du hast Recht, hätte nicht gedacht, dass man so schnell ein Statement rausbekommt. Geht bei uns deutlich langsamer.

[Andrija]

Habe heute in London nochmals nachgelegt auch wenn es vielleicht noch tiefer geht. Mit einer Dividendenrendite von rd. 3% ohne auch einen Tropfen Öl zu berücksichtigen und mit dem RKH-Fund (auch wenn dieser um 30% abgezinst wurde) fundamental gut abgesichert.

Kommt Ihr zu einer Neubewertung nach der entäuschenden letzten Woche? Desire scheint mir auch jetzt noch etwas zu teuer. Langsam wird es eng.

[Ngemelis]

Antwort auf Beitrag Nr.: 40.339.932 von Andrija am 18.10.10 11:27:26

Hi Andrija,

denke auch, dass der Kurs relativ gut nach unten abgesichert ist. Momentan sieht es so aus, dass die OG wohl auch im Jahr 2011 in den Falklands ist (siehe RKH RNS). RKH , Desire & Argos werden bohren, irgendwann sollte dann auch das naechste Oelfeld gefunden werden. FIH wird davon profitieren.
Ein (Management) Risiko sehe ich in den weiteren Investitionen der FIH. Habe in einem UK Board gelesen, dass FIH plant ca 300 Haueser auf einem ihrer Grundstuecke zu bauen. Ausserdem wird ja ein neuer Hafen geplant. Da stellt sich fuer mich mal wieder die Finanzierungsfrage... (Aktienverwaesserung & Co...)

[Andrija]

Antwort auf Beitrag Nr.: 40.345.842 von Ngemelis am 19.10.10 01:45:58

Hallo Ngemelis,

das mit den Bauaktivitäten habe ich auch gelesen. Wenn FIH die Grundstücke stellt, sollten Sie doch den Bau mit einer soliden Fremdfinanzierung hinbekommen. Eine hohe Eigenfinazierung bei einer Randaktivität wie einem Siedlungsbau, wo letztlich nur Liquidität bis zum Einzelverkauf gebraucht wird, erscheint mir nicht sinnvoll. Auch müssten sie noch Geld aus dem letzten FOGl-Verkauf haben. Bei FIH ist man aber tatsächlich nie sicher wenn man an Momart denkt.
Letztlich sind aber diese Aktivitäten der Einstieg in die Faklandentwicklung die wir uns ja wünschen.

[Andrija]

Hat eigentlich schon jemand die für den 15.10. avisierte Dividende eingebucht bekommen und bei mir schläft sich nur die Deutsche Bank aus?

[Andrija]

Antwort auf Beitrag Nr.: 40.347.349 von Andrija am 19.10.10 10:56:37

Interessiert die Dividende gar nicht oder haben die alle hier schon wieder ausgegeben? Ich habe immer noch nichts!

Ansonsten gibt es eine recht koservative Empfehlung für FIH die aus meiner Sicht die Bodenreserven (auch wenn nicht extrem umfangreich) überhaupt nicht berücksichtigt:

BUY FALKLAND ISLAND HOLDINGS - 25th October 2010
By John Meyer | 25 October 2010, 10:33 BST

John Meyer, Fairfax
John Meyer, Fairfax

EACH WAY WIN

Activities - Conglomerate: Ferry company. Island retailing, property, insurance, hotels, shipping and fishing agency services

Price @ close 22nd Oct 350p

Index Small Cap

Sector Support Services

Ticker FKL.L

Shares in issue 9.2m

Market cap £32m

Net debt (£1.5m)

Next event IMS 3rd December

Fairfax act as Nomad & Broker No

Falkland Islands Holdings' (FIH) good growth prospects have been materially enhanced by the September news that there are local-basin oil reserves which are viable for exploitation - a FIH game changer. It owns a series of businesses in the Falkland Islands. In due course, oil finds (by no matter which exploration company) will have a transformative effect on FIH's businesses on the island, which include real estate. It operates two other businesses which are related through similarities in having strong or dominant market positions. It also owns 12m shares in Falkland Oil and Gas (FOGL), for historic reasons - a position in the FIH price for nothing

P/L £m's (y/e Dec) 2008A 2009A 2010E 2011E 2012E
Turnover £m 17.2 32.2 29.2 28.1 27.4
EBIT £m 2.0 2.9 3.1 2.5 2.6
PBT (Adj pre amort) £m 1.9 2.3 2.6 2.2 2.4
Tax % % 26% 26% 27% 26% 26%
EPS (Adj, dil) p 16.1 18.9 21.7 17.4 19.1
P/E x 21.8 18.5 16.1 20.1 18.3
DPS p 7.0 8.0 9.0 9.0 9.5
Dividend Yield % 2.0 2.3 2.6 2.6 2.7

Source: Company reports and accounts, Fairfax estimates

Strategic benefits - Proof of the pudding: EPS resilience in the downturn. FIH's medium term growth prospects have jumped in the past month on news that offshore oil finds are of commercial quantity. It does not matter if it is Rockhopper as opposed to Falkland Oil and Gas which has found commercially exploitable reserves. This will greatly expand the small Falkland Islands economy (£100m GDP). Falkland Islands Holdings' onshore position in the Falklands is the main reason to recommend buying the shares, but all operations have strong prospects.

Disproportionate upside - This is a solid business holding up well in the recession, with the oil situation purely as a bonus. The medium term value of Falkland Islands real estate holdings and the eventual acceleration in economic growth to come from oil exploitation (as opposed to speculative exploration) in the Falklands basin is now clear "monetisable" potential for Falkland Islands Holdings.

Cash generation - We estimate nil debt by 3/2012E. Additionally, we anticipate scope to reduce modestly the holding in FOGL shares. This makes Falkland Islands Holdings a safe stock as well as a growth stock. Given low historic carrying values of land "pre-oil", there are latent profits in a successful real estate scheme.

The valuation target is 505p and includes 381p for the three operating businesses: Gosport Ferry, Falkland Islands Company (retails stores, car dealership etc) and Momart; - 16p debt; 140p FOGL (at 108p per FOGL share): total 505p. Within this we attribute a premium to the commercial growth in Falklands Islands but even excluding FOGL component, the valuation comfortably more than covers the current share price.

[Ngemelis]

Antwort auf Beitrag Nr.: 40.402.548 von Andrija am 27.10.10 19:57:56

Hi Andrija,

meine Divi ist auch noch nicht eingebucht. Auf der FIH Website steht :

A final dividend of 5.0p per FIH share will be paid on 29 October 2010 to shareholders registered as at 17 September 2010. This payment will take the total dividend for the year ended 31 March 2010 to 9.0p per share (2009: 8.0p per share).


Deswegen erwarte ich die Divdende erst naechste Woche

[Andrija]

Antwort auf Beitrag Nr.: 40.404.112 von Ngemelis am 28.10.10 00:17:59

Hallo Ngemelis,

wer lesen kann ist klar im Vorteil

Allerdings sollten Sie auch mal etwas Geld in Ihren Internetauftritt investieren. Ich habe mich hieran gehalten und schon meine Bank genervt:

Investor information
Calendar

Year end31 Mar 2010
Preliminary results23 Jun 2010
Annual report02 Jul 2010
AGM09 Sep 2010
Dividend record17 Sep 2010
Dividend payment15 Oct 2010
Interim results03 Dec 2010

[fred49]

Meine Dividende wurde eingebucht am 2.11.
mfG, fred

[Andrija]

Derartig günstig nach dem Desirestrike!

Da wollte ich doch in Frankfurt 500 der 1000 Stück für 4,40 abräumen und dann ist vermutlich der Börsenmakler auch wach geworden und hat selbst gekauft. Das ist ein Job...

[Andrija]

Antwort auf Beitrag Nr.: 40.630.744 von Andrija am 02.12.10 12:13:03

Heute müssten die Halbjahresergebnissekommen.Vielleicht gibt das dem Kurs noch etwas Schub.

Irgendwie ist das niedrige Kursniveau schon erstaunlich. Vor 6 Jahren hat man noch fast das Doppelte gezahlt, ohne Klarheit über vorhandenes Öl, geplante Bohrungen u.ä. Nun ist mit dem Desirefund wohl endgültig klar, dass sich hier auch infrastrukturell richtig was entwickelt und der Kurs steigt um knappe 10%. Was hat man früher denn mehr erwartet als bisher an Ergebnissen vorliegt. Viel besser hätte es gar nicht laufen können. Eine bessere Rentenversicherung als FIH sollte es nicht geben. Würde mich aber wohler fühlen, wenn der Kurs auch die Chancen endlich besser widerspiegelt.

[Andrija]

Antwort auf Beitrag Nr.: 40.638.724 von Andrija am 03.12.10 10:35:08

Ergebnisse wie erwartet mit einem guten Ausblick für die Falklands:

Falkland Islands Hlg
Interim Results
RNS Number : 2989X
Falkland Islands Holdings PLC
03 December 2010

3rd December 2010

Falkland Islands Holdings plc

("FIH" or "the Group")

Results for the six months ended 30 September 2010


FIH, the AIM quoted international services group which owns essential services businesses focused on transport and logistics, and which has a major shareholding in AIM quoted oil exploration company Falkland Oil and Gas Limited, is pleased to announce results for the six months ended 30 September 2010.

Financial Highlights

· Turnover of £14.4 million (H1 2009: £13.8 million)
· Reported profit before tax of £0.9 million (H1 2009: £1.2 million)
· Underlying profit before tax* of £1.15 million (H1 2009: £1.17 million)
· Diluted earnings per share on underlying earnings of 8.9p (H1 2009: 9.2p)
· Interim dividend maintained at 4.0p per share (H1 2009: 4.0p per share)
· Net borrowings of £2.3 million at 30 September 2010 (31 March 2010: £1.5 million)
· Net interest charges reduced to £0.13m (H1 2009: £0.27 million)
· Interest cover increased to over 9.9x (H1 2009: 5.3x)

*Underlying profit before tax is defined as profit before tax, amortisation and non-trading items.

Operating Highlights

Falkland Islands Company
· Strong growth
· Retail sales from the expanded West Store increased by 23% to £4.4 million (H1 2009: £3.5 million)
· Automotive sales including vehicle hire increased by 17%
· Property portfolio increased with completion of nine houses
· Increase in demand for support services for oil exploration

Portsmouth Harbour Ferry Company
· Profits marginally down on unchanged turnover
· New pontoon agreement reached with local council with completion expected Spring 2011

Momart
· Revenue from exhibitions fell by 30% in challenging trading conditions
· Revenues from commercial galleries and artists rose by 38%
· Overall revenues declined by 7.6%
· Management team strengthened with new Managing Director and Finance Director
· Key exhibition highlights included: Damien Hirst in Monaco, Shanghai Expo by the British Museum, V&A and Science Museum

Falkland Oil & Gas Limited ('FOGL') (in which FIH holds a strategic interest)
· FOGL and partner BHP Billiton drilled first well - Toroa
· No reservoired hydrocarbons found but important geological and technical information obtained
· Falkland Islands Government has extended the licence term for the Northern Licence area containing the Loligo prospect for a further twelve months to December 2011
· BHP Billiton is looking for a suitable rig to drill the Loligo prospect.



David Hudd, Chairman of Falkland Islands Holdings plc, said:

"The results for the first half of the current financial year were satisfactory, with a strong performance from FIC following an increase in economic activity in the Falkland Islands and the extension of the West Store. Trading conditions in the UK were more challenging leading to a reduction in both revenues and profits at Momart. PHFC saw a modest decline in profits on unchanged revenues.

"Overall results are in line with our expectations and we are pleased to propose a maintained interim dividend of 4.0p per share.

"For the second half of the year, we anticipate the continuation of the trends seen in the first half, with pressure on profits in the UK being offset by a strong performance in the Falkland Islands."

[Trader evil]

Eine Frage an die User hier am Board: ich habe vor langer ,langer Zeit
als mich die Falkland Story in Ihren Bann zog,auch einige Shares Falkland Gold und Minerals in das Depot gelegt. Als kein Gold gefunden wurde oder warum auch immer,ist diese Firma von BPC Plc. übernommen und 1:1 im Depot gutgeschrieben worden Kürzel A1CWXP-ISIN IM00B3NTV894. Wie üblich in solch einem Fall ohne irgendwelche Benachrichtigung. In den letzten Wochen haben die Stücke eine super Performance von jahrelang um die 0,03ct auf jetzt ca.0,18ct hingelegt.Gehandelt werden sie meist im 2-stelligen Miobereich pro Tag.Ich verfolge sporadisch die Diskussion auf ii proactiv Investor , was ja nicht geradedie optimalste Informationsquelle darstellt.

Nach eigener Firmenangabe soll im 3./4. Q 2011 im flacheren Wasser nach Öl gebohrt werden.

Weis jemand mehr über diesen Öl-Explorer der sein Betätigugsfeld vor den Bahamas/Kuba mit angeblich sehr hohem Potential hat?

[Andrija]

Unfassbar wie FIH aktuell verramscht wird. Das ganze nur wegen der neuerlichen Desirepleite. Kein Mensch zieht ins Kalkül, dass durch Argos der mögliche Benefit für die Inseln auch bei einer Desirepleite mindestens gleich hoch ist. Habe nochmal nachgelegt (wie lange eigentlich noch )!

[Andrija]

Bevor wir hier historisch werden (unglaublicher Vorfall) eine "HOLD"-Herabstufung der FIH mit einer angesichts der guten Zahlen für das Falklandgeschäft (20% mehr Umsatz) an den Haaren herbeigezogenen Begründung. Kriegsgefahr und Unsicherheit über die Ölfunde bestanden schließlich auch schon vorher!


Falkland optimistic on oil hopes

http://www.growthcompany.co.uk/news/1632513/falkland-optimis…

23/06/2011 Ben Jaglom

Falkland Island Holdings (FKL), the company whose interests vary from art to transportation has declared a resilient set of full-year results.

Underlying pre-tax profits at FKL stayed broadly flat at £2.73 million (£2.69 million) for the year to March on sales of £31.8 million (2010: £29.2 million.) The group operates a diverse number of companies. Falkland Islands Company - which operates a number of retail outlets in the Falklands and a fishing business declared a 20 per cent increase in sales to £14.9 million. At the Portsmouth Harbour Ferry Company, which operates a ferry service from Portsmouth to Gosport turnover stayed flat at £3.7 million.

FKL also runs a fine arts and antiques business, Momart, which declared a 44 per cent fall in operating profit from £950,000 to £530,000. In addition the group holds a 5.8 per cent stake in Falklands oil explorer Falklands Oil and Gas, which declined in value from £15.5 million to £10.7 million.

Speaking to Growth Company Investor chairman David Hudd argued that 'the effect of oil exploration gave a big stimulus to the economy.' Regarding the fishing side of the group, he noted that it was a poor season for catching illex squid, though as a whole the fishing market was 'significantly better' than last year. Concerning any potential military threat to the Falklands he insisted that it was 'inconceivable' that there would be a war with Argentina.

He added that the future of the company will be focused on hoping for success in oil exploration from companies such as Desire Petroleum and Rockhopper. In 2012 there will be more visibility on whether or not oil exploration efforts will succeed in the Falklands' adding that if successful it will have a 'transformational' effect on the islands. If not, 'we will have to go back to fishing' he conceded.

Following the results analysts at house broker Altium downgraded their EPS forecasts, maintained their pre-tax profit estimates and raised their turnover forecast for the year to March 2012. The broker is pencilling in adjusted pre-tax profits of £2.7 million on turnover of £33.4 million, with EPS of 20.3p forecast. A dividend of 10p a share is also expected.

Recommended by Growth Company Investor last June at 512.5p last June, the shares have since lost 40 per cent, currently trading at 305p. Much of the future prospects of the group rest on companies such as Desire, Rockhopper and Falkland Oil and Gas winning the confidence of the market in 2012, which is far from certain. Furthermore political risks remain in the Falklands, with the distinct possibility of some sort of armed conflict developing over the islands future. We therefore downgrade the shares to hold.

Tags: David Hudd, Falkland Islands Company, Falklands Oil and Gas, GCI downgrade, Momart, Portsmouth Harbour Ferry Company

[Andrija]

Interessanter Artikel über den Neubau eines Hafens: Falklands’ government readies for a decision on a new deep sea port. Leider geht daraus nicht hervor ob und inwieweit FIH entweder über Grundstücke oder das facility management beteiligt sein könnte. Es tut sich jedenfalls etwas bei der Infrastruktur.



http://en.mercopress.com/2011/08/22/falklands-government-rea…

[Andrija]

Gute Nachrichten heute für das Nordbassin. FIH sollte davon profitieren und der Kurs liegt am Boden. Die Aktie hat bei einem DAX um 6000 massives Aufholpotenzial. Wer stockt auch noch auf?

[Hafturlaub]

Interessanter Artikel zu Rockhopper und den Falklands:

http://www.oilvoice.com/n/Falkland_Islands_The_New_North_Sea…

[fred49]

Antwort auf Beitrag Nr.: 42.206.208 von Hafturlaub am 13.10.11 08:12:10

Na jedenfalls werde ich nun doch nicht so schnell verkaufen, hatte Kursentwicklung einfach satt!

[MrRipley]

Hier mal eine Webcam von Port Stanley:

[keith]

Antwort auf Beitrag Nr.: 42.216.659 von fred49 am 15.10.11 13:19:20

Als kleines Trostpflaster zahlt FIH dann wenigstens seit Jahren Dividende!

Dieses Jahr immerhin insgesamt 9,5 Pence...

[Andrija]

Antwort auf Beitrag Nr.: 42.217.133 von keith am 15.10.11 18:28:43

Die Dividende ist auf dem Kursniveau mehr als ein Trostpflaster. Sie ist geradezu sensationell und liegt über der Rendite von bundesdeutschen Staatsanleihen. Außerdem ist FOGL bei der Dividendenrendite überhaupt nicht eingepreist. Schon die weiteren anstehenden Bohrungen, ohne dass überhaupt je Öl gefördert wird, sollten zum Anstieg des Unternehmensgewinns beitragen. Die Aktie ist krass unterbewertet. Letztlich halte ich lieber Assets auf den Falklands als verbrieftes Papiergeld.

[snafur]

Der Einsatz er Leiv Eriksson rückt näher, auf http://www.fearnleyoffshoresupply.com/templates/SpotList/Rep… kann man sehen, das seit gestern zwei Versorgungsschiffe für den Einsatz der Leiv Eriksson von AGR Falklands reserviert wurden.

Tradewinds (http://www.tradewindsnews.com/offshore/article646004.ece) schreibt dazu:

AGR hired the 4,820-dwt Toisa Sonata (built 2009) and 4,693-dwt Toisa Intrepid (built 1998) for 200 days at $29,000 (£18,000) a day each so the deal will bring in a total of $11.6m.

The platform supply vessels will support the drilling of four wells off the Falklands by the semi-submersible rig, Leiv Eriksson, owned by George Economou’s Ocean Rig.

[Andrija]

Antwort auf Beitrag Nr.: 42.203.674 von Andrija am 12.10.11 17:15:48

Das Aufstocken hat sich gelohnt. Allerdings ist FIH immer noch supergünstig und hat im Vergleich zu FOGL noch ordentlich Aufholpotenzial.In Frankfurt braucht noch einer Geld und bietet sagenhafte 4.366 Stück zu 3,158 EUR an. Damit liegt er deutlich unter dem Bid in London mit 2,8 Pfund.

PS: Sind nicht meine, würde nich nie so billig trennen

[Andrija]

TOP Finanzergebnisse

Financial Highlights
 Group sales up 15% to £16.5 million (H1 2010: £14.4 million)
 Reported Profit Before Tax up 4.5% to £0.99 million (H1 2010: £0.95 million)
 Underlying Profit Before Tax* of £1.19 million (H1 2010: £1.15 million)
 Diluted earnings per share on underlying earnings increased to 9.0p (H1 2010: 8.9p)
 Interim dividend maintained at 4.0p per share (H1 2010: 4.0p per share)
 Net bank borrowings at 30 September 2011 reduced to £1.1 million (31 March 2011: £1.9 million)

...selbst meine "Lieblingsdiversifikation" Momart trägt aktuell maßgeblich zu einem guten Ergebnis bei...

Momart
 Sales increased by 26.4% to £7.4 million (H1 2010: £5.8 million)
 Profit Before Tax and amortisation increased by 38% to £0.3 million (H1 2010: £0.2 million)
 Exhibitions sales recovered , growing by 30%
 Gallery Services sales grew by 28%

...und David Hudd scheint sich nun auf das Wesentliche konzentrieren zu wollen...

A further discovery would magnify the opportunities for the Group and your board is focussed on developing plans to fully realise that potential.

[Andrija]

Na endlich geht es mit dem Kurs wieder deutlich aufwärts, + 7% in London hatten wir lange nicht. Vielleicht schaffen wir in den nächsten Tagen wieder die 3 Pfund und verlassen endlich diesen Witzkursbereich. Wir sind fast schuldenfrei, FOGL bohrt in ein paar Monaten, Sealion ist kommerziell und der Pfundkurs macht auch Freude (insbesondere für die Dividendenzahlung im Januar).

[Andrija]

Unser CEO...ist schon ein sympathischer Herr:

http://www.express.co.uk/posts/view/294034/Falklands-boom-in…

[snafur]

13 January 2012

FOGL

("FOGL" or "the Company")



Placing of new ordinary shares to raise £48.5 million



FOGL, the oil and gas exploration company operating in the South and East Falkland basins, announces that it has conditionally placed 112,764,675 new ordinary shares of 0.002 pence in the capital of the Company ("Ordinary Shares") at a price of 43 pence per share (the "Placing Price") (the "Placing Shares") to raise £48.5 million before expenses (the "Placing"). The net proceeds of the Placing will allow FOGL to undertake its preferred drilling strategy on its upcoming two well drilling programme.



Placing to raise £48.5 million



112,764,675 new Ordinary Shares have been conditionally placed at a price of 43 pence per share to raise £48.5 million before expenses. The Placing has not been underwritten. Oriel Securities Limited ("Oriel Securities") and Jefferies International Limited ("Jefferies") are acting as joint bookrunners (the "Joint Bookrunners").



The Placing will be conditional on, inter alia, admission of the Placing Shares to trading on the AIM market of the London Stock Exchange plc ("AIM") ("Admission"). The Placing is also conditional on the Placing Agreement between the Company, Oriel Securities and Jefferies becoming unconditional and not being terminated in accordance with its terms. Appendix 1 to this announcement (which forms part of this announcement) sets out the terms and conditions of the Placing.



The Company will apply for Admission. It is expected that Admission will take place and that trading will commence on 18 January 2012.



Background and reasons for the Placing



FOGL is awaiting the arrival of the Leiv Eiriksson rig to the Falkland Islands which is expected to occur within the next ten days. FOGL will have access to the rig for the third and fourth slots in the combined Borders & Southern plc ("B&S") and FOGL drilling programme and expects to commence drilling its Loligo prospect in the Northern license area in early May 2012. The Environmental Impact Statement for Loligo was approved by the Falkland Islands Government on 24 December 2011 and well planning is now in its final stage.



As announced previously, the Company has been funded to drill a shallow well on Loligo and a second well on another Tertiary Channel target such as Nimrod or Vinson. The Company's preference, however, is to drill a deeper well on Loligo which targets additional reservoirs and to have the financial flexibility to drill a Mid Cretaceous Fan prospect as the second well. The favoured Mid Cretaceous Fan prospect is Scotia which the Company has assessed to have a Pmean prospective resources of 1,062 mmbbls.



The feasibility of drilling Scotia has been dependent upon the Company securing additional funding within a sufficient period ahead of its drilling programme commencing. Whilst FOGL has been in active discussions with a number of interested farm-in partners which continue to generate significant interest, the Company does not expect to receive a suitable offer within the necessary timeframe to guarantee funding for FOGL's preferred drilling strategy. As a result, the Company has decided to undertake this equity fundraising.



Use of proceeds and drilling strategy



The net proceeds of the Placing, together with FOGL's existing cash resources, will provide the financing to drill a deep well on Loligo and a well on Scotia.



The deep well on Loligo is expected to penetrate several reservoirs which the Company has assessed to have Pmean prospective resources of 4,700 mmbbls. This will include the three deeper independent reservoir objectives named 'Trigg', 'Trigg Deep' and 'Three Bears' which the Company has assessed to contain approximately 54% of Loligo's total resource potential.



FOGL's current preference for the second well is to drill the Mid Cretaceous Scotia prospect as described above. However, depending upon the results of Loligo, FOGL may decide to drill an appraisal well on Loligo, or alternatively another prospect within the Tertiary Channel play such as Nimrod or Vinson which the Company has assessed to have Pmean prospective resources of 1,500 mmbbls and 733 mmbbls respectively. In addition, in the event of success for B&S on its Darwin prospect, FOGL may instead, consider drilling the nearby Inflexible prospect (which the Company has assessed to have Pmean prospective resources of 253 mmbbls).



Whilst the Placing provides FOGL with the funds it needs for two deep wells as outlined above, FOGL intends to progress the on-going farm-out discussions with various interested parties, as participation by a farminee could provide additional drilling funds. FOGL would, however, only enter into a farm-out agreement where terms are sufficiently attractive to the Company and its shareholders.



Falkland Island Government consents



The drilling of Loligo will fulfil FOGL's Phase 1 commitment on its Northern Licences, which will expire on 15 June 2012. Drilling of Loligo will also allow FOGL to enter the second phase of the Northern Licenses which run until 15 December 2016.











FOGL director participation in the Placing



The following directors of FOGL have agreed to subscribe for an aggregate of 170,000 new Ordinary Shares in the Placing as follows:





Ordinary Shares

to be subscribed under Placing
Total shareholding post Admission
Percentage of issued share capital post Admission

Richard Liddell
25,000
125,000
0.04%

Tim Bushell
50,000
160,000
0.05%

Timothy Jones
25,000
205,185
0.06%

David Hudd
25,000
200,000
0.06%

Colin More
45,000
80,000
0.03%




Substantial shareholder participation in the Placing



6,500,000 of the Placing Shares have been conditionally placed with RAB Group.



Falkland Island Holdings Group



2,000,000 of the Placing Shares have been conditionally placed with Erebus Limited, a wholly owned subsidiary of Falkland Island Holdings Group plc, that holds 12,000,000 Ordinary Shares, representing 5.8 % of FOGL's existing issued share capital.



Waiving of rights to exercise options and warrants



In order that the Placing can be expedited as efficiently as possible, all option holders (including directors) and warrant holders in the Company have agreed to waive their respective rights to exercise their options and warrants such that the Company has sufficient headroom in respect of its authorised but unissued share capital to issue the Placing Shares without the requirement to pass a shareholder resolution to increase its authorised share capital. These waivers cover rights which upon exercise would result in the issue of up to 11,386,049 Ordinary Shares in total and will remain in force until such time as shareholders of the Company have passed a resolution to increase the Company's authorised share capital, which is expected to occur at the Company's next Annual General Meeting.



Tim Bushell, Chief Executive of FOGL, said:



"We are delighted by this show of support from new and existing shareholders. The additional funds will significantly increase our flexibility over the forthcoming drilling programme expected to start in early May with the drilling of Loligo."



Enquiries:

Falkland Oil and Gas
[phone]

Tim Bushell, Chief Executive

[snafur]

13th January 2012





Falkland Islands Holdings plc



Purchase of Falkland Oil and Gas Limited Shares



Falkland Islands Holdings plc ("FIH" and the "Group"), the international group which owns essential services businesses focused on transport and logistics and which has a substantial shareholding in Falkland Oil and Gas Limited ("FOGL"), makes the following announcement.



On 12 January 2012, FIH agreed to participate in the placing of new shares by FOGL by subscribing for 2 million new shares. The £860,000 cost of the shares will be met from the Group's existing cash resources and the purchase will be undertaken by the Group's Falkland based subsidiary, Erebus Limited. Following the purchase, the Group will own 14 million shares in FOGL, equivalent to 4.4% of FOGL's enlarged share capital. That shareholding will have an aggregate book cost of £2.8million equivalent to 20.2p per FOGL share.



FIH's shareholding in FOGL is subject to an agreement that restricts FIH from selling FOGL shares prior to 31 May 2012 without the consent of FOGL's broker.



FIH Chairman, David Hudd said:



"We are pleased to support FOGL's exploration activity in the South and East Falkland Basins by subscribing to FOGL's fundraising and to have increased our shareholding at an attractive price prior to the commencement of the drilling programme.



"It has always been part of FIH's strategy to assist, and to seek to benefit from, oil exploration and development in the Falkland Islands through our support services businesses there, as well as through our substantial shareholding in FOGL. With the Leiv Eiriksson oil rig arriving in the Falklands later this month, we believe that this is an opportune time to increase our exposure to FOGL's drilling programme without compromising the financial strength of the Group.



"Shareholders in FIH now have an effective interest in 1.5 FOGL shares for every FIH share they own."



- Ends -

Enquiries:



Falkland Islands Holdings plc

[Andrija]

Antwort auf Beitrag Nr.: 42.566.698 von Andrija am 08.01.12 23:03:19

Sympathisch ist er ja, aber er hält uns offensichtlich für blöd oder, was schlimmer aber wenig wahrscheinlich wäre, er kann selbst nicht bis drei zählen:

"Shareholders in FIH now have an effective interest in 1.5 FOGL shares for every FIH share they own."

Dafür haben wir jetzt aber nur noch die Hälfte des Ölfundes! Ein wirklich toller Deal und super das der Kurs so niedrig war. Au Mann!

[Andrija]

Antwort auf Beitrag Nr.: 42.543.411 von Andrija am 03.01.12 14:10:46

Jetzt erreichen wir langsam wieder realistische Kursniveaus. Nachfrage in London zu 335. Da geht noch was!

[keith]

Ende 2009 hat man 3 Mio FOGL zu 120 Pence verkauft.

Jetzt kauft man 2 Mio Stück zu 43 Pence zurück. Gut gemacht!

[Andrija]

Antwort auf Beitrag Nr.: 42.625.590 von keith am 20.01.12 20:36:25

Auf den ersten Blick ja. Nur, dass bei einer 50%igen FOGL-Kapitalerhöhung sich der faktische Anteilsbesitz ordentlich reduziert hat. Für Leute wie mich, die FIH in beträchtlicher Höhe steuerfrei halten, ist das ziemlich ärgerlich.

FIH hätte ansonsten auch im Sommer 2010 verkaufen können!

Ansonsten stört sich offensichtlich niemand an den verschlechterten Rahmenbedingungen. Warum auch, wenn man in den vergangenen Jahre die massive Unterbewertung nicht festgestellt hat, sieht man auch jetzt nur was ohnehin schon klar war, dass die Inseln am Öl nicht mehr vorbeikommen.

Egal, für den fulminanten Kursanstieg habe ich genug gemeckert. Unterbewertet sind sie sowieso. Schaffen wir heute noch die 4 Pfund?!

[Andrija]

http://www.edisoninvestmentresearch.co.uk/sectorreports/Falklands_160212.pdf

[Andrija]

WH Ireland initiated coverage on Falkland Islands Holdings (FKL) with with a "buy" recommendation and 457p target price. The broker said that the conglomerate's three main businesses of retail, ferry service and art storage & installation are undervalued on a sum of the parts basis and are also market leaders in their respective industries. WH Ireland added that the firm's 4% stake in exploration company Falkland Oil & Gas offers a defensive investment in the hydrocarbon sector. The shares were unchanged at 387p.

http://uk-analyst.com/shop/page-advice/action-advertorial.sh…

[schlangenmeister]

wundert mich ja wirklich, dass FIH hier keinerlei beachtung findet..

[Andrija]

Antwort auf Beitrag Nr.: 43.073.480 von schlangenmeister am 23.04.12 08:25:09

...mich auch, dabei ist FIH die Muter aller Falklandinvestments. Die diskutieren alle im FOGL-Board.

[schlangenmeister]

Antwort auf Beitrag Nr.: 43.074.889 von Andrija am 23.04.12 13:05:08

ja, ich weiß. hab ja auch npaar FOGL. Hab aber hier die größte posi.

ich laß die auch gerne noch 5-10 jahre liegen. ist auch noch alles steuerfrei...

[Andrija]

Antwort auf Beitrag Nr.: 43.075.075 von schlangenmeister am 23.04.12 13:33:44

Bei mir ähnliche Depotwerte:

35% FIH
7% FOGL
10% RKH
1% ARG
2% BOR
rd. 45% anderer Müll

Davon aber leider nur rd 30% Falklandaktien steuerfrei und die tendenziell natürlich mit höheren Einstiegskursen. FIH wird sich wegen RKH in jedem Fall auszahlen. Auch ist nicht abzusehen, dass selbst wenn das Geld der Explorer alle ist, die Falklands jemals wieder zur Ruhe kommen. Dazu Währung außerhalb des Euro-Raums, viel sicherer kann man aktuell nicht anlegen (außer David Hudd setzt sich mit´nem Koffer voller Geld ins argentinische Asyl ab) .

[ElfenbeinelaufenschnellermitKo]

Naja, das Pfund ist mom. sicher schlechter als der Euro, bis das Pfund untergeht...

[Andrija]

Antwort auf Beitrag Nr.: 43.075.177 von ElfenbeinelaufenschnellermitKo am 23.04.12 13:50:21

Ein Teil meiner Kursgewinne der letzten Zeit geht auf das günstige Verhältnis des Pfunds zum Euro zurück. Ich denke (leider), das lässt sich ausbauen, wenn D, NL usw. für die Schulden der anderen Lände zur Haftung herangezogen werden. Im Zweifelsfall notiert FIH auch nicht in Pfund sondern in Petrodollar. Du siehst, ich bin imnmer für ne´Ausrede gut.

[Andrija]

DIE HAMMERZAHLEN FÜR DEN JAHRESABSCHLUSS SIND DA!

Falkland Islands Holdings plc
(“FIH” or “the Group”)
Final results for the year ended 31 March 2012

FIH, the AIM quoted international services group, which owns essential services businesses focused on transport and logistics and which has a 4.4% shareholding in AIM quoted oil exploration company Falkland Oil and Gas Limited (“FOGL”), is pleased to announce final results for the year ended 31 March 2012.

Financial Highlights – ahead of market expectations
 Group revenue increased by 7.1% to 34.11million (2011: £31.84million)
 Underlying operating profit up 21.8% at £3.57million (2011: £2.93million)
 Underlying pre-tax profits up 18.3% to £3.23million (2011: £2.73million)
 Fully diluted earnings per share increased by 27.2% to 26.2p (2011: 20.6p)
 Bank borrowings at 31 March 2012 reduced to £3.0million (2011: £4.0million)
 Cash balances of £2.8million (2011: £2.1million)
 Increased final dividend of 7p per share (2011 5.5p)
 Total dividends for the year of 11p per share, up 15.8% (2011: 9.5p per share)

Operating Highlights - diverse trading businesses proved resilient, performing well in difficult
economic conditions
 Falkland Islands Company (“FIC”)
o Revenue up 0.4% to £14.98million (2011: £14.92million)
o Small decline in operating profit from £1.61million to £1.52million – profit generated from
core trading activities was maintained; prior year results included profits on property sales
which were negligible in 2012

 Portsmouth Harbour Ferry Company (“PHFC”)
o Revenues up 11.5% to £4.16million (2011: £3.73million)
o Operating profit up 38% to £1.09million (2011: £0.79million)
o Robust performance reflects increase in fares and mild winter weather, which more than
offset substantial increase in operating costs following installation of the new pontoon
o The ferry continues to offer excellent value for money, and has maintained its outstanding
reliability and safety record  Momart
o Revenue increased 13.5% to £14.97million (2011: £13.19million)
o Operating profit up 81.1% to £0.96million (2011: £0.53million)
o Encouraging recovery in 2012, helped by strength of the commercial art market
o Exhibition revenues and margins improved substantially with notable exhibitions including:
The Cult of Beauty at the V&A, Lucian Freud at the National Portrait Gallery and Gerhardt
Richter and the Damien Hirst retrospective, both at Tate Modern

 FOGL
o FIH’s holding of 14million FOGL shares, 4.4% of FOGL’s issued share capital
o Market value of shareholding on 1 June 2012 was £12.78million (31 March 2012:
£9.03million)
o FOGL’s two well drilling programme is expected to commence in a few weeks time; the
recent discovery by Borders & Southern Petroleum in their Darwin well augurs well for the
prospectivity of similar features in FOGL’s Southern licences which are not being drilled in
this campaign

 New joint venture company created
o FIH is pleased to announce the establishment of a 50/50 joint venture with Trant Construction, a UK construction and engineering group with substantial experience of working in the Falkland Islands over the last 10 years.

o The new company, South Atlantic Construction Company (SACC) will be based at the Group's offices in the Falkland Islands and will allow FIC to participate in the increase in construction activity in both the public and private sector that will result from the exploitation of oil in the Falkland Islands
David Hudd, Chairman of Falkland Islands Holdings plc, said:
“I am pleased to report another strong trading performance for the Group. Our market leading businesses continued to prove resilient and delivered good results in difficult economic conditions.
“For the current year, trading has been satisfactory and in line with our expectations. Whilst we do not expect the rate of growth achieved across the Group in the year ended March 2012 to be repeated in the coming year, in the medium term we are confident of further growth at Momart, steady progression at PHFC and in the Falklands our assets and businesses are well placed to take advantage of the transformational
change which seems increasingly likely.
“In the Falkland Islands, the Sea Lion discovery in the North Falkland Basin has confirmed the existence of commercially exploitable hydrocarbons. To the south, the Darwin well recently drilled by Borders & Southern
Petroleum has proved the existence of a working hydrocarbon system and supports the prospectivity of the South Falkland Basin. Both outcomes make further exploration work certain.
"I am also delighted that we have set up a joint venture with Trant Construction. We intend that South Atlantic Construction Company will play a significant role in improving the infrastructure of the Falkland Islands.
“The Group’s businesses remain robust and will continue to generate good cash flows and profits. The Board is pleased to recommend a final dividend of 7p per share, bringing the total dividend for the year to 11p per share, an increase of 15.8% on 2011.”  
Notes to editors

Trant Construction
Trant Construction, is a privately owned Group with more than 50 years’ experience in civil, mechanical and electrical engineering . It currently operates in the UK, Channel Islands, Ascension and the Falkland Islands
and has an annual turnover of approximately £80million.

Tolle Nachrichten; alle warten auf einen Farm-In bei FOGL und wir haben ein Farm-Out bei FIH. So stelle ich mir das vor. Endlich mal keine Kunstbuden kaufen sondern rein mit dem Geld in die Inseln. David Hudd kriegt die Kurve auf seine alten Tage vielleicht doch noch. Kleiner Wehrmutstropfen ist, dass sie keine deutliche Mehrheitsbeteiligung an der South Atlantic Construction Company halten wollen.

[Andrija]

Antwort auf Beitrag Nr.: 43.075.332 von Andrija am 23.04.12 14:20:08

Aussagen zur weiteren Entwicklung

• Leverage existing property assets – 70acres in Stanley + 600acres in “Greater Stanley”

• ( FIC Investment Properties & Land valued at £3.9m representing +£2.4m surplus to book value )

• Develop land for oil support services (warehouses & offices)

• Provide residential accommodation for onshore oil workers and increasing population

• Work started on possible turn-key port solution for oil industry

• Participate in infrastructure expansion through 50/50 JV with experienced partner Trant Construction

• Expand existing activities as Falkland’s economy grows

Bin begeistert; darauf habe ich gewartet. Da ist mir fast egal, ob meine RKH-Aktien zu billig an Anadarko oder wen auch immer weggehen - Hauptsache es geht bald los. Hier spielt die Musik und das bei einem KGV von 14 und einer Dividendenrendite von 3% die zu 58% noch nicht mal von Falklandaktivitäten stammt. Dazu der FOGL-Wert wie immer noch ON-TOP.

Die Inseln sind der interessanteste Wert vor allen Explorern.

[Andrija]

Antwort auf Beitrag Nr.: 43.255.760 von Andrija am 06.06.12 14:46:53

..und jetzt werde ich noch privat glücklich:

Hallo,
Ich freue mich sehr, Sie auf dieser Website treffen sich heute. Mein Name Nandy, bin ich sehr interessant, intelligent, ehrlich, unkompliziert und schön attraktiven jungen Mädchen. Ich sah dein Profil auf dieser Website und das Interesse an Ihnen. Ich werde gern wissen Sie besser. Bitte senden Sie mir Mail an meine private E-Mail-Adresse ([e-mail]), so dass ich Ihnen mein Bild und sagen Ihnen, in Details zu meiner Person. Ich glaube, dass wir beginnen können, eine dauerhafte Beziehung von hier. Denken Sie daran, Alter, Rasse, Distanz oder auch die Farbe keine Rolle, aber die Liebe am wichtigsten im Leben. Bitte antworten Sie mir mit dieser E-Mail-Adresse;
([e-mail])

Nandy hat mich lieb - nur mich allein...heut ist so ein schöner Tag...lalalala

[ElfenbeinelaufenschnellermitKo]

Antwort auf Beitrag Nr.: 43.255.964 von Andrija am 06.06.12 15:23:32

Mich hat Nandy auch lieb!

[Andrija]

http://www.penguin-news.com/index.php/component/docman/doc_d…

Successful FIH plan for future in Falklands

A STRONG trading performance for the Falkland Islands Holdings (FIH) Group for the year end March 31, spells increased capacity to invest in the Falkland Islands and its future the group’s Managing Director John Foster told Penguin News yesterday.

Mr Foster who was part of the Falklands delegation to Aberdeen said: “We learned a lot about how oil might impact on the Islands and how we might get involved.”

The company has set up a joint venture with Trant Construction, a company that has worked in the Falklands for the MoD for ten years, and their intention is to bid on government and private sector contracts that are likely to emerge as a result of oil exploitation,

and the resulting revenues for the Falkland Islands Government.

Mr Foster stressed, however: “We very much want to work with other people, it’s not about the Falkland Islands Company (FIC) trying to run the show or dominate proceedings. There are some very successful business people in Stanley and we’re keen to work with them, there’s going to be space for everybody, and we want to work closely with the government to develop the town and the country for the future.”

In terms of larger projects that might be required in the future he listed the MPA road, the water front and a deep water port.

The FIC also has acreage within Stanley where the company intends to build longer term accommodation (executive housing) for oil workers,

office space, warehousing

and eventually, depending on government subsidies for home buyers, housing for local people, “and Trant will help us with all of that, along with local partners,” said Mr Foster.

Many of these projects will begin to move forward once Rockhopper Exploration Ltd has outlined a timetable for future activities.

Mr Foster said that as a result of the FIH Group’s successful financial year they now had, “the capacity to invest in the Falklands and that is very much the focus of our future plans. We will keep the ferry (Portsmouth Harbour Ferry Company is also operated by FIH) and Momart, (handling and storage company) ticking over, but our focus is on Stanley and we will take full advantage of the growth we see coming from oil. It’s a special moment and it’s very exciting.”

The main financial growth over the past years comes as result of recovery at Momart, and further progress at Gosport Ferry. Last year FIC had a, “great year” on the back of the arrival of the drill rig Ocean Guardian.

FIH also has shares in oil company FOGL which will begin to drill in July this year.

FIH Highlights: Group revenue increased by 7.1% to £34.11million (2011: £31.84mil- lion). Underlying operating profit up 21.8% at £3.57million (2011: £2.93million). Underly- ing pre-tax profits up 18.3% to £3.23million (2011: £2.73mil- lion). Fully diluted earnings

per share increased by 27.2%

to 26.2p (2011: 20.6p). Bank borrowings at 31 March 2012 reduced to £3.0million (2011: £4.0million). Cash balances of £2.8million (2011: £2.1million). Increased final dividend of 7p per share (2011 5.5p). Total dividends for the year of 11p per share, up 15.8% (2011: 9.5p per share)

[keith]

14 June 2012

Falkland Islands Holdings plc

("Falkland Islands Holdings" or "the Group")

Subscription and Open Offer

Falkland Islands Holdings, the AIM quoted international services group, which owns essential services businesses in the Falkland Islands and UK, focused on transport and logistics, together with 14 million shares in AIM quoted oil exploration company Falkland Oil and Gas Limited ("FOGL"), is pleased to announce that it has conditionally raised £8.0m (before expenses) by way of a Subscription by Blackfish Capital, an investment fund advised by Blackfish Capital Management, and that it proposes to raise up to £2.0m (before expenses) by way of an Open Offer which will provide the Company's existing Shareholders with the opportunity to subscribe for additional Ordinary Shares at the same price as the Subscription.

Highlights:

Subscription and Open Offer details

· Subscription to raise £8.0m at 320p per share

· Open offer to raise up to a further £2.0m from existing shareholders

o Same pricing as subscription

o 1 Offer Share for every 15 Existing Ordinary Shares held

o All Falkland Islands Holdings Directors participating

o Excess applications will be accommodated to maximise participation in the Open Offer

o The Group to have ability to place balance in event of under-subscription



Opportunity to develop the Group's assets in the Falkland Islands in anticipation of the growth in the economy which the Board believe will follow from recent hydrocarbon discoveries

· Board believes significant opportunities exist following recent hydrocarbon discoveries

· Hydrocarbon exploration continues in both Southern and Northern basins

· Commercial exploitation of oil will involve a major improvement in the Islands' infrastructure



Net proceeds will provide the capital to exploit the opportunities including:

· Development and expansion of the Group's business interests on the Falkland Islands

· Development of key Group sites for new warehousing, offices and residential accommodation

· Work needs to commence now to maximise returns, given lengthy supply chain

· Blackfish Capital Management is supportive of providing further project related equity and debt finance either directly or via its extended client network



David Hudd, Chairman of Falkland Islands Holdings, said:

"We are excited by the opportunity to develop the Group's existing assets in the Falkland Islands in anticipation of the growth in the economy, which the Board believes will follow from recent hydrocarbon discoveries. Given the Company's history in the Falkland Islands and our leading position, we are confident that further investment now, will generate attractive returns.



"We are delighted to have a supportive keystone investor in Blackfish Capital and we believe that further investment now in the Falkland Islands is in the best interest of our shareholders to enable the Company to participate in what we believe could be an explosive period of growth."



- Ends -



http://www.fihplc.com/support/upload/FIH-subscription-and-op…


http://www.fihplc.com/support/upload/FIH-subscription-and-op…

[Andrija]

Antwort auf Beitrag Nr.: 43.283.795 von keith am 14.06.12 15:04:35

Mensch Kinders was ist das denn schon wieder. Da lobe ich den David Hudd wegen seiner Aktivitäten über den grünen Klee und nun schon wieder so etwas. Eine Verwässerung zur Unzeit!

Folgende Fragen stellen sich mir spontan und die werde ich auch in Richtung der Gesellschaft transportieren:

1.) Denkt der denn auch mal an die Altaktionäre und das bitte weltweit und Personen die mit Ihren Stücken steuerfrei sind und mal nicht grenzenlos aufstocken können?

2.) Warum nur eine Quote von 20% für Altaktionäre, was gibt ihm die Rechtsgrundlage?

3.) Warum findet kein Bezugsrechtshandel statt?

4.) Wenn er dringend Geld braucht, warum wählt er dann nicht die kostengünstieg Variante, die Dividende einzufrieren anstatt sie aufzustocken? Erhöhen wil er sie sigar noch. Mach uns reich und nicht die Banken und das Finanzamt!

5.) Wenn ich an die Inseln und das Öl glaube warum erhöhe ich jetzt und warte nicht die FOGL Bohrungen ab? Das alleine ist schon ein Widerspruch in sich.

Auch wenn diesmal keine Momartbuddys glücklich gemacht werden, ist die Kapitalerhöhung völlig intransparent. Wer sind die anderen 80% Geldgeber die hier noch mal billig rein dürfen? Wie immer ernten die mit den dicksten "...." die dicksten Kartoffeln.

[Andrija]

Antwort auf Beitrag Nr.: 43.284.158 von Andrija am 14.06.12 16:18:14

Hier ist unser neuer Partner:

http://www.blackfishcapital.com/aboutus.php

Bei der aussagekräftigen Internetseite müssen ja die Anleger Schlange stehen!

Wieso der Umweg über so´ne Bude? Warum nicht die volle Kapitalerhöhung über die aktuellen Shareholder. Das stinkt doch!
The Directors believe that the potential for mutually beneficial cooperation with Blackfish Capital Management and its extended network of clientsis significant and, whilst the letter of intent does not represent a commitment to do so, looks forward to exploring these opportunities further. Na wer sind denn die Clients?

...und dann das: Alongside the proposed equity investment, Blackfish Capital Management has provided to FIH a letter of intent expressing its enthusiasm in exploring further opportunities in the Falkland Islands,including the provision of debt and/or equity financing for projects including a new commercial port, facilities for the oil services sector and property development. Reine Absichtserklärungen oder wurden die zu akzeptablen Konditionen auf etwas festgenagelt. Klingt für mich auch eher wie eine Drohung die hier dauerhaft an der Backe zu haben oder uns irgendwann vollständig rauszudrängen.

So wie ich es verstanden habe ist das Ding noch durch die HV am 29.06. abzusegnen, da bisher keine Rechtsgrundlage besteht: In der Folienpräsi steht auf Seite 3 Proposed Subscription & Open Offer • Subscription for ordinary shares to raise £8m at 320p per share from Blackfish Capital, im pdf-Dokument steht allerdings the Company has conditionally raised £8.0 millionda werde ich nicht ganz schlau draus...ist ggf nur noch unser 2 Mio-Anteil zu genehmigen? Vielleicht gibt es hier einen "native Speaker" der Klarheit schafft?

Auf der Anmeldeseite für die HV https://www.capitashareportal.com/forms/Welcome.aspx kommt man ohne UK postcode nicht weiter oder stelle ich mich zu blöd an? Ist jemand registriert? So wenig Stimmen dürften wir doch alle nicht haben, um hier ein klares Signal zu setzen! Nehmen wir das hin?

[Andrija]

http://www.handelsblatt.com/politik/international/inseln-im-…

[Andrija]

http://www.telegraph.co.uk/telegraphtv/9332122/Questor-share…

Video!

[Andrija]

Antwort auf Beitrag Nr.: 43.285.775 von Andrija am 14.06.12 22:19:44

Gibt es hier keine Meinung zur Kapitalerhöhung?

Wer nimmt nach voraussichtlicher Zustimmung durch die HV am 29.06. das Bezugsrecht wahr? Der Sachverhalt ist nicht ganz trivial, da eine Abwicklung nur bis zum 02.07. möglich ist und die Frist für unsere vermutlich deutschen Broker sehr knapp ist, wenn sie das überhaupt hinkriegen. Geld verschenken (rd. 400 - 320 Pence = 80 Pence je 15 Aktien)wird doch hier keiner wollen?

[Andrija]

http://www.spiegel.de/politik/ausland/falklandinseln-cameron…

[Andrija]

Antwort auf Beitrag Nr.: 43.297.187 von Andrija am 19.06.12 10:23:43

...langsam mutiere ich hier zum Alleinunterhalter!

Bei mir hat die Deutsche Bank jetzt Bezugsrechte eingebucht. Schon komisch irgenwie wenn zumindest diese Kapitaerhöhung an die Zustimmung der HV gebunden ist. Wie sieht es bei den anderen Banken aus?

[DerAufklaerer2]

Antwort auf Beitrag Nr.: 43.302.156 von Andrija am 20.06.12 14:06:37

Bei der ING-DIBA wurden sie auch eingebucht. Ich habe vorhin die Ausübung angewiesen.

[Andrija]

Die Hauptversammlung hat stattgefunden und es sieht so aus, als wenn die 10 Mio in einem Paket genehmigt wurden und nicht nur die 2 Mio Kapitalerhöhung für die Aktionäre:

The General Meeting was held pursuant to the notice posted to shareholders on the 14th of
June 2012, regarding the subscription and open offer to raise up to £10.0m to develop the
Group's assets in the Falkland Islands in anticipation of the growth in the economy which the
Board believe will follow from recent hydrocarbon discoveries. Details of the resolution and
the background to the resolution are set out in the notice of general meeting and shareholder
circular which are available on the Company's website, www.fihplc.com.

Eigentlich hatte ich vor die HV zu besuchen, aber eine Anmeldung geht offensichtlich weder über die heimische Bank noch die von FIH beauftragte capitaregistras. Hierzu müsste man einen UK-Aktiencode haben, den nur UK-Bürger haben. Schon sehr merkwürdig. Hat jemals einer von Euch eine englische HV besucht oder Weisungen abgegeben?

Hat jemand von Euch die "Details of the resolution" die groß im pdf angekündigt werden auf der Webseite gefunden?

Auf diverse Anfragen an den admin meinerseits gab es Nullkommanichts Antworten. Eine IR-Mailadresse darüber hinaus gibt es nicht. Da bleibt schon ein schaler Beigeschmack zurück angesichts dieser vertrauensbildenden Maßnahmen.

[Andrija]

Sale of Falkland Oil and Gas Limited ("FOGL") Shares

Falkland Islands Holdings plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics announces that on 29 June 2012, FIH sold 1.18 million shares in FOGL for £1.01m, generating a profit of £0.77m for FIH.

Following the sale, FIH owns 12.82 million shares in FOGL; representing 4.01% of the issued share capital. The funds will be available for the development of the Groups businesses in the Falkland Islands and the UK. The Board of FIH does not intend to dispose of any further shares in FOGL prior to the completion of the drilling of the Loligo well in the South Falkland basin. Chairman of FIH, David Hudd commented:
"As a result of this disposal, we have more than recouped the further investment we made in FOGL in January this year and have generated a useful profit for the Group. The Subscription and Open offer announced by the Group on 14 June and this disposal have significantly enhanced the resources of the Group whilst retaining a substantial financial interest in FOGL and we look forward to their drilling campaign which is expected to commence in July 2012."

Anm.: Im Januar wurden 2. Mio. Aktie für 43 Pence gekauft.

[Andrija]

http://www.moneyweek.com/investment-advice/penny-shares/penn…

[keith]

http://www.fihplc.com/support/upload/FIH-Result-of-open-offe…

[Andrija]

Antwort auf Beitrag Nr.: 43.339.357 von Andrija am 30.06.12 20:08:56

Interesanter Artikel vor dem Hintergrund, dass ich folgende Aussage inzwischen korrigieren muss:

Auf diverse Anfragen an den admin meinerseits gab es Nullkommanichts Antworten. Eine IR-Mailadresse darüber hinaus gibt es nicht. Da bleibt schon ein schaler Beigeschmack zurück angesichts dieser vertrauensbildenden Maßnahmen

David Hudds Sekretärin hat mir inzwischen sehr kompetent geantwortet. Leider erst nach der HV. Die Mails sind aufgrund von Computerproblem nicht angekommen was wohl gerade untersucht wird, nun gut.

Auf meine Frage hin, ob Mitglieder des Boards mit Blackfish nichs zu tun haben, und garantiert keine Vetternwirtschaft vorliegt, hat sie mir versichert, dass es keine Verbindungen zwischen dem Board und Blackfish gibt. War jetzt offensichtlich wohl ein "Irrtum". Da kan man nur hoffen, dass nicht noch mehr Kumpels um die Ecke kommen.

Spotty sails into Falklands
Oliver Shah Published: 8 July 2012 Sunday Times

Rockhopper Exploration has made a large find and four other companies are drilling (Gary Clement)

THE former Tory party treasurer David “Spotty” Rowland has embarked on a Falkland Islands adventure by buying more than 20% of a company that provides hotels, shipping and fishing support services.

Rowland and his son Jonathan bought £8m of shares in Falkland Islands Holdings last month. The AIM-listed company raised another £2m from existing investors. The deal coincided with the 30th anniversary of Britain’s victory over Argentina in the war for the islands.

David Hudd, chairman of Falkland Islands Holdings, said the money would be used to build warehouses and accommodation to capitalise on a potential oil boom. Rockhopper Exploration has made a large find offshore and four other firms are drilling there.

The company may also seek to build a permanent port to replace the 25-year-old floating piers used by the oil explorers.

Hudd said he had known Rowland for years. “He came to the Falklands with four other people and they were enthused by the opportunity, so on the way back we worked out a deal to raise £10m,” he said. The Rowlands invested via their Blackfish Capital vehicle.

[Andrija]

Antwort auf Beitrag Nr.: 43.363.755 von Andrija am 08.07.12 11:24:39

Na da haben wir wohl einen ganz sauberen Mitaktionär an Bord. Wer solche Freunde hat, braucht man wohl keine Feinde mehr. Ich kann mir kaum vorstellen, dass der aufgrund eines sauberen Bieterverfahrens in den Genuß kam 320 Pence je Aktie zu zahlen. Die 20% für die Altaktionäre war vermutlich das Feigenblatt. Wir dürfen uns ja alle freuen nochmal so günstig reinzukommen, wer will da was gegen Scotties und Davids Buddelkastenfreundschaft haben. Wer weiß was da hinter den Kulissen noch so abgeht.

Da man sich ja gegenseitig was schuldig ist, wird der gute Scotty bestimmt auch immer gemäß den Vorschlägen des Boards abstimmen. 20% Scotty, 20% der Momart-Buddy, Deutsche Aktionäre die aufgrund eines scheinbar nicht funktionierenden Verfahrens keine Weisungen an die HV geben können, so kommt man zu Mehrheiten. Vermutlich kann man sich mit AIM-Werten jedweden Klüngel erlauben, wenn man die Altaktionäre so offensichtlich - mit Verlaub - verarschen kann.

http://www.dailymail.co.uk/news/article-1365709/Prince-Andre…

[keith]

Ich habe an der KE voll teilgenommen.

Zusätzlich habe ich nochmal dieselbe Stückzahl als Überbezug geordert.

Heute wurden die Stücke für den Überbezug eingebucht und ich war echt positiv überrascht. Ungefähr 94 % meines gewünschten Überbezuges habe ich tatsächlich erhalten.

Soviel hatte ich nicht erwartet. Damit reduziert sich die Verwässerung durch die KE für mich auf eine erträgliche Größenordnung.

Hat jemand eine ähnlich hohe Zuteilung als Überbezug erhalten?

[DerAufklaerer2]

Antwort auf Beitrag Nr.: 43.366.876 von keith am 09.07.12 18:15:43

Habe gerade völlig erstaunt dein Beitrag gelesen und im Depot nachgeschaut:
"Überbezug gem. Ihrer Weisung. Pro Rata zu 95,1466%"

Mein Überbezug ist fast doppelt so hoch wie die Stücke aus der KE.
Hat wohl keiner haben wollen?

[Andrija]

Antwort auf Beitrag Nr.: 43.366.930 von DerAufklaerer2 am 09.07.12 18:29:51

Alles schwer nachzuvollziehen. "Keiner haben wollen" kann nicht sein: Open Offer of 619,837 shares has been fully subscribed . Valid applications have been received for 1,601,914 Offer Shares, being 258 per cent. of the amount available.

Das was dann am 03.07. noch geschrieben wurde, deutet darauf hin, dass neben den £10m weitere Mittel aquieriert wurden oder sehe ich das falsch? The Open Offer remains conditional upon inter alia Admission occurring by 8:00 a.m. on 4 July 2012 (or such later time or date as the Company may determine).
Habe bisher keine weiteren Stücke eingebucht bekommen.

#Keith Damit reduziert sich die Verwässerung durch die KE für mich auf eine erträgliche Größenordnung.

Das setzt ab einem gewissen Zeitpunkt nicht mehr vorhande Finanzmittel voraus. Außerdem ruiniert die Verwässerung die Steuerfreiheit für Stücke vor 2009.

[keith]

Antwort auf Beitrag Nr.: 43.368.403 von Andrija am 10.07.12 08:55:51

"Außerdem ruiniert die Verwässerung die Steuerfreiheit für Stücke vor 2009."





Der Bezug über die KE hat keine steuerlichen Auswirkungen auf den Altbestand
(Erwerb vor 2009). Nur die jetzt neu erworbenen Stücke unterliegen der
Abgeltungssteuer.

[Andrija]

Antwort auf Beitrag Nr.: 43.370.355 von keith am 10.07.12 16:37:03

Sorry, habe mich vielleicht zu verwässert ausgedrückt. Gemeint war

1. ...der steuerfreie Hebel auf den FOGL-Anteil sinkt weiter (nach dem Verkauf und der Verwässerung müsste das FIH:FOGL Verhältnis inzwischen 1:1 sein, habe noch nicht nachgerechnet.

2. ...wenn Du die Bezugsrechte nicht vorher auf ein 2. Depotkonto übertragen hast, gilt beim Verkauf das FIFO-Prinzip und Du machst bei einem Teilverkauf die weiteren erhofften Kurssteigerungen nur mit den steuerpflichtigen Aktien mit.

[Andrija]

Die einzige Falklandaktie die heute Freude macht ist diese! Leider muss man sich die Freude mit Spotty teilen.

[Andrija]

http://en.mercopress.com/2012/08/04/falkland-islands-assessi…

Von einer FIH-Beteiligung kein Wort, nur von der Baubude Morrison (Falklands) Ltd. Der Hafenbau wird scheinbar ausschließlich von der Inselregierung getragen werden. Ich hatte es so verstanden, dass FIH versucht da mit dabei zu sein "Deep water port - initial work on private sector solution in progress" (Präsentation vom 12.06.12). Mit einem neuen Hafen wird das meiste Geld zu verdienen sein.

[Andrija]

Auch schon wieder so eine Selbstbedienung: Hudd hat inzwischen über 174.000 ud Foster über 240.000 Optionen mit einem Ausübungspreis von höchstens 5,20 Pfund. Grund:only be exercised subject to the satisfaction of performance criteria relating to the Company's total shareholder return Das ist völlig witzlos da FIH zwangsläufig bei einem FOGL-Fund steigen wird. Von den Beiden ist das nicht zu beeinflussen. Das einzig gute daran ist, dass sie deswegen die restlichen FOGL-Anteile wohl nicht abstoßen werden.

Falkland Islands Holdings plc
("FIH" or the "Company")
Vesting and Grant of Options

Falkland Islands Holdings plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics announces that a total of 88,048 options previously granted under the 2009 Executive Share Option Scheme (the "Scheme") have vested and that a total of 153,432 further options have been granted under the Scheme.

Vesting of Options

Their performance period having elapsed, options over shares of 10p each in the Company ("Shares") granted to Mr. David Hudd and Mr. John Foster on 14 July 2009, Chairman and Managing Director of FIH respectively, have now vested. Mr. Hudd and Mr. Foster received 43,598 and 44,450 options respectively, the total vested being 88,048 options. Options over 852 Shares that have not vested have therefore lapsed.

Grant of Options

Mr. Hudd, Mr. Foster and an employee of the Company were today granted options at a price of 404 pence (the "Exercise Price") per Share over 61,881, 76,700 and 14,851 Shares respectively. The Exercise Price is the closing price of the Company's Shares on the 10(th) of August, the dealing day preceding the date of grant.

Options granted under the Scheme may normally only be exercised subject to the satisfaction of performance criteria relating to the Company's total shareholder return ("TSR") over the three year period commencing on the date of grant ("the performance period") relative to the TSR of all companies in the FTSE AIM All-Share Index over the performance period.

[Andrija]

Rockhopper Exploration and Plexus Energy presented a socio economic Assessment in a unique location the Narrows Bar on Wednesday, 10 October 2012. Over 70 people attended the presentation which was given by Ken Humphrey of Rockhopper Exploration, Jay Wagner, CEO of Plexus Energy and Susan Dowse, a consultant for Plexus Energy. Mr Stuart Morrison, Executive Officer of Premier Oil also attended the presentation.

http://www.falklandnews.com/public/story.cfm?get=6382&source=3

http://en.mercopress.com/2012/10/12/falklands-oil-industry-socio-economic-impact-on-track-with-no-major-new-concerns

Offensichtlich gibt es eine Studie über die Falklandentwicklung.

außerdem:

Two proposals regarding the development of FIPASS floating dock will be placed before Executive Council this month. FIPASS is crucial for the hydrocarbons industry as the logistics hub for the drilling and future production operations. (Penguin News)FIH wollte nach der Präsentation Häuser Nahe der FIPASS bauen. Wer den Ausbau vom FIPASS bezahlt wird spannend.
http://en.mercopress.com/2012/10/12/three-extraction-rigs-expected-to-be-operating-in-the-falklands-in-next-2-3-years

[Andrija]

Antwort auf Beitrag Nr.: 43.713.059 von Andrija am 15.10.12 14:09:00

Das hört sich nicht gut an für den Immobilienbesitz. Offensichtlich geht es an Stanley vorbei und die geplanten Investitionen mit dem eingesammelten Kapital müssten völlig anders eingesetzt werden. Zumindest das Kaufhaus in der Nähe des alten FIPASS wäre nicht mehr sinnvoll. Nun liegt Port William zwar nur ein paar Meilen von Stanley auf der "Flughafenhalbinsel" entfernt, wie dort aber die Besitzverhältnisse sind, ob man nicht dort lieber mitbauen sollte, bleibt offen. Schade nur, dass das Board uns mal wieder schön uninformiert dastehen lässt. Na reicht ja auch wenn David und Spotty gemeinsam nen Guiness trinken gehen und alles weitere besprechen.

PORT William has been designated as the location for a new deep-water port facility capable of meeting the demands of all incumbent industries it was announced following this week's meeting of Executive Council (ExCo).

The ExCo decision follows significant work by the Falkland Islands Government (FIG) over the last four months following requests by the Oil & Gas Industry for FIG to provide confirmation of what facilities will be available to meet their needs, and the timescales for the delivery of these facilities.

At the meeting, Members of the Legislative Assembly (MLAs) expressed significant concerns about the size and impact that a proposal for a permanent 250-metre extension to the existing FIPASS facilities would have on the environment and community of Stanley. This helped reaffirm for them the need to ensure port facilities are delivered in a planned and considered way.

In withdrawing support for an extension to FIPASS, MLAs instructed FIG officials to quickly bring forward proposals and costed models for a full port infrastructure located at Port William.

"This announcement has been communicated to Rockhopper PLC and Premier Oil and will mean that alternative arrangements to support development of the Sea Lion field will need to be agreed with them" said MLA Dick Sawle. "However, ExCo was acutely aware of its responsibility to ensure a long term vision for Stanley and the surrounding areas which is both appropriate and cohesive with our way of life. Our major concern was that while we welcome and want to support all of the Oil & Gas Industry, we need its development to happen in the right place and that is not Stanley Harbour".

Executive Council also approved the immediate investigation of the legal requirements and consequences of the creation of a Port Authority in the Falkland Islands, and further investigation of the Joint Venture led funding model with the private sector as a potential long-term strategy for funding port infrastructure.



http://www.penguin-news.com/index.php?option=com_flexiconten…

[daxschaefchen]

Mich wundert diese Entscheidung nicht. Ich war vor 10 Jahren mal in Stanley. Das passt überhaupt nicht in und zu diesem winzigen Ort.

[Andrija]

http://en.mercopress.com/2012/10/26/falklands-to-build-a-new…" target="_blank" rel="nofollow ugc noopener">http://en.mercopress.com/2012/10/26/falklands-to-build-a-new…

[Andrija]

Antwort auf Beitrag Nr.: 43.773.653 von Andrija am 01.11.12 10:09:51

http://en.mercopress.com/2012/10/26/falklands-to-build-a-new…

jetzt dürfte der Link funktionieren

[Andrija]

Antwort auf Beitrag Nr.: 43.761.639 von Andrija am 29.10.12 11:37:20

Wir werden mit den 6 Monats-Halbjahresergebnissen am 06.12. über die Auswirkungen der Entscheidung auf FIH informiert.

[Andrija]

Antwort auf Beitrag Nr.: 43.793.614 von Andrija am 06.11.12 21:33:31

...und das ist auch passiert. Wenn die Info auch etwas dünn ist:

At FIC, we are investing now to take advantage of the economic growth which is expected to follow from the exploitation of hydrocarbon discoveries. We have added a property director to our FIC management team and are working with advisers in order to participate in the current port project. Particularly interesting is FIC’s 300 acres of land that are contiguous with the Falkland Islands Government’s land at Navy Point. Elsewhere in Stanley we are preparing plans for the possible development of each of our key sites encompassing residential, office and industrial uses. The related costs are being expensed which will depress profits in the short term but they are long term projects.

und JP Morgan kauf sich nach Argos nun über eine Strohfirma in FIH ein.

http://www.fihplc.com/support/upload/Falkland-Islands-Plc-TR…

Daher denke ich, liegt unser Falklandguru diesmal falsch:

http://www.iii.co.uk/tv/episode/falklands-focus-winners-and-…

Ansonsten mal wieder gute Nachrichten von den Falklands:

Results for the six months ended 30 September 2012
FIH, the AIM quoted international services group that owns essential services businesses focused on
transport and logistics, and that has a material shareholding in AIM quoted oil exploration company Falkland
Oil and Gas Limited, is pleased to announce its unaudited results for the six months ended 30 September
2012 (the “Period”). Comparisons shown below are for the same period in 2011-12 unless otherwise stated.
Group Financial Highlights
· Group revenue increased marginally to £16.52 million ( 2011: £16.51 million)
· Underlying Profit Before Tax* was unchanged at £1.19 million
· Diluted earnings per share based on underlying earnings were 7.8p (2011: 9.0p)
· The Board is proposing an unchanged interim dividend of 4.0p per share
· Net bank borrowings at 30 September 2012 were reduced to £2.5 million (31 March 2012: £3.0
million)
· In the period the Group raised £10 million gross from a share issue at 320p per share and
£1 million from the sale of 1.175 million FOGL shares at 86p each
· The Group had cash on hand of £10.9 million at 30 September 2012 (31 March 2012 £2.8 million)

http://www.fihplc.com/support/upload/FIH-Interims-061212.pdf

[Andrija]

A MAJOR building project close to the historic centre of Stanley was approved by the Planning and Building Committee at its meeting yesterday, January 10.
The Falkland Islands Company (FIC) has plans to build 26 two bedroom apartments in the form of an 80 metre long terrace on land west of 34 Fitzroy Road and to the south of the FIC’s offices and warehouses. This is the land where formerly there were a number of Portacabins housing temporary offices, which have since been removed.
The design concept for the terrace is described as a modern interpretation of the traditional ‘sou’wester’ dwelling seen throughout Stanley. A variety of building colours are shown on the plans.
The Committee was informed that the most likely occupants of this development would be personnel connected with the oil industry.
A recommendation for planning permission to be granted had been made by the Environmental Planning Officer (EPO), subject to standard conditions and others relating to access, drainage, parking and water supply. These would have to be complied with before occupation of the units could be allowed.

[Andrija]

http://menmedia.co.uk/manchestereveningnews/news/business/s/…

[Andrija]

Borders & Southern (LON:BOR): All Good In Theory – Today’s operational update from Borders & Southern, detailing a Darwin development scenario that could be profitable all makes perfect sense, the problem is, the scale of the gas handling facilities would mean that the project was a substantial and more complex undertaking than has been suggested. Not that we doubt that the Company and its advisors have done their homework, it just that these things are never the same in operation, and with this much gas handling, there is little margin of error. While this study has indicated there would be benefit to development, we continue to believe that opex costs will be higher than anticipated, and will only climb as the gas production (as a proportion of the liquids production) rises as the field is developed. While we don’t doubt the feasibility of this project, this could be akin to the Snorre field in Norway, we are reminded of the oft quoted engineering KISS saying, or “keep it simple stupid.” Taking this as a mantra, we believe that given the geographical location of the Falklands, the distance from its markets, that development will ultimately be more akin to Snohvit and Troll where a wellhead production platform merely polishes the produced liquids which are exported in multiphase flow lines for processing at onshore facilities. For this to happen, the Falkland Islands Government must allow an onshore development facility. This time last year, we would have suggested that this was unlikely to happen, but as time has gone on, the response has been more positive on allowing such a development. Once this happens, the outlook for the entire south Falklands basin changes, as does the valuation outlook for Borders and Southern and Falklands Oil & Gas. We are maintaining our Target Price and Recommendation for Borders and Southern solely on the back of the fact that they will need to raise capital to fund the next stage of the programme.

Quelle: Fox Davies

[Andrija]

http://www.businessweek.com/news/2013-03-27/falkland-oil-cla…

[Andrija]

Antwort auf Beitrag Nr.: 43.363.755 von Andrija am 08.07.12 11:24:39

Relativ ruhig hier. Dabei gibt es doch wieder interessante News. Offensichtlich ist die Schamfrist nach ca. einem Dreivierteljahr vorbei.

Juni 2012:
Rowland and his son Jonathan bought £8m of shares in Falkland Islands Holdings last month. The AIM-listed company raised another £2m from existing investors. The deal coincided with the 30th anniversary of Britain’s victory over Argentina in the war for the islands.

April 2014:
Wir haben einen neuen Chairman: Mr. Edmund Lloyd Rowland (aged 27)
http://www.fihplc.com/support/upload/FIH-Directorate-change-…
Der ist sicher aufgrund seiner umfänglichen Expertise eine echte Bereicherung und natürlich nicht ein weiterer Kostgänger den wir durchfüttern müssen.

"Scotty" hat offensichtlich 3 offizielle Kids

Mr Jonathan David Rowland 1975
Mr Harley James Rowland 1980
Edmund Lloyd Rowland 1985

die in seiner BLACKFISH CAPITAL MANAGEMENT LIMITED bereits im zarten Mannesalter mannigfaltige Direktorenposten erhalten haben.

Würden die Falklands nicht so aussichtsreich sein, müsste man um diesen Selbstbedienungsladen einen großen Bogen machen. Hudd versorgt seinen ganzen Klüngel offensichtlich seit Jahren und verwässert den Kurs immer stärker. Absehbar auch wann der Rest der Gören das Board entert.

[Andrija]

http://en.mercopress.com/2013/05/03/falkland-islands-as-oil-…

[keith]

Final results for the year ended 31 March 2013:


http://www.fihplc.com/support/upload/FIH-Final-results-10061…

[Andrija]

http://www.portsmouth.co.uk/news/business/local-business/far…

[Andrija]

Ein Hold-Rating:

http://www.investorschronicle.co.uk/2013/06/11/shares/news-a…

[Andrija]

Falklands oil: new immigration laws needed say Regeneris Consulting

http://www.penguin-news.com/index.php/news/oil/item/576-falk…

[Andrija]

Super Studie.

Da müsste einiges nicht mit rechten Dingen zugehen, wenn FKL nicht von dem Boom proftiert:

http://www.falklands.gov.fk/assets/Falklands-Oil-and-Gas-Soc…

[Andrija]

Research analysts at WH Ireland upped their price target on shares of Falkland Island Holdings plc (LON:FKL) from GBX 448 ($7.01) to GBX 465 ($7.27) in a report released on Tuesday, AnalystRatingsNetwork.com reports. The firm currently has a “buy” rating on the stock. WH Ireland’s price target would indicate a potential upside of 31.54% from the stock’s previous close.

[Andrija]

Bin gerade etwas ratlos!

Es gibt aktuell zwei Falkland WKN. Die alte mit 911972 und eine neue (deutlich geringer notierend)mit A1W2H1.

Besonders erschreckend ist, dass meine Aktien im Depot auf die neue WKN umgestellt wurden. Das ist richtig teuer. Bin leicht panisch. Könnt Ihr mal nachschauen wie es bei Euch ist!

Danke Andrija

[Andrija]

Antwort auf Beitrag Nr.: 45.310.857 von Andrija am 23.08.13 13:17:19

Da habe ich wohl gerade mit meinem Anruf die Kursanpassung ausgelöst (verrückterweise auch bei comdirect obwohl das nicht meine Bank ist). Jetzt ist die neue Gattung freigeschaltet. Bei FKL ist es eine "obligatorische Kapitaltransaktion". Mist, wäre das heute morgen passiert hätte man heute morgen mit einem Kursabschlag von einem Euro "Einklaufen" können.

[al_sting]

Kann das eigentlich sein, dass FKL in Deutschland gar nicht mehr gehandelt wird? Mir fällt erst jetzt auf, dass der letzte Kurs in Frankfurt am 20.08.gestellt wurde.

[Andrija]

Antwort auf Beitrag Nr.: 45.791.374 von al_sting am 08.11.13 11:52:52

Liegt m.e. am Reverse Split. Irgendwie haben die die Aktie noch nicht "vereinigt". Ein Handel sollte aber möglich sein.

[daxschaefchen]

Die WKN hat sich geändert und lautet jetzt ANW2H1

[daxschaefchen]

A1W2H1

[al_sting]

Ja, habe ich danach auch gesehen und soeben umgestellt. Wer nicht lesen kann...
Allerdings ist die neue WKN nicht automatisch mit dieser Diskussion verknüpft, was zumindest ich unerfreulich finde. Habe deshalb gerade eine neue Diskussion an die neue WKN "geknüpft" und dort auf diesen Thread verwiesen. Eine komplette "Umknüpfung" wäre aber noch besser...

[al_sting]

Da mir diese Aktion mit Reverse Split 100:1 und anschließenden Split 1:100 erst jetzt auffällt: Hat jemand verstanden, WARUM das durchgeführt wurde?

[Andrija]

Antwort auf Beitrag Nr.: 45.791.652 von al_sting am 08.11.13 12:25:42

War eine rein technische Geschichte. Es gab Aktien mit kleinerem Nennwert. Da wurde vereinheitlicht. Gleichzeitig wurde auch "Klitzekleinaktionäre" abgefunden. Das wichtige ist, nach Auskunft meiner Bank haben Reverse-Splits keine steuerlichen Auswirkungen. Dürfte Dir auch wichtig sein, da Du sicher auch den Großteil Deiner Papiere vor Einführung der Abgeltungssteuer gekauft hast.

[al_sting]

Danke!
Sowohl an Andrija für die Erklärung als auch an die Admins für die Anbindung der Diskussion an die neue WKN/ISIN

[Andrija]

Da müssen heute wohl schon einige Halbjahreszahlen die am 25.11. veröffentlicht werden "rausgerutscht" sein. 375 Pence bei verhältnismäßig hohen Umsätzen.

[Andrija]

Antwort auf Beitrag Nr.: 45.859.130 von Andrija am 18.11.13 14:50:05

Sogar hoch auf 385 Pence. So sehr man sich über den Kursanstieg freut, so ärgerlich ist es immer wieder die Intransparenz bei AIM-Werten und die undichten Stellen bei FIH "genießen zu können.

[Andrija]

Antwort auf Beitrag Nr.: 45.859.670 von Andrija am 18.11.13 15:39:17

Anstieg wegen der Empfehlung? Wird spannend....

http://uk.finance.yahoo.com/news/market-could-grow-7-fold-12…

[Andrija]

Ganz solide Zahlen...wie zu erwarten gewesen:

Falkland Islands Holdings H1 Profit Rises - Quick Facts

11/25/2013 2:36 AM ET
Falkland Islands Holdings plc (FKL.L), Monday reported an increase in profit for the first six-month period, reflecting a 4.4 percent growth in revenues.

For the first-half, the company reported profit before tax from continuing operations of 1.24 million pounds, compared with 1.08 million pounds last year. Profit before tax, amortisation and non- trading items, or underlying profit was up 14.8 percent to 1.37 million pounds.

After tax, profit attributable to equity holders of the company was 0.91 million pounds or 7.4 pence per share, compared with 0.73 million pounds or 6.7 pence per share a year earlier.

Group revenues were up at 17.23 million pounds for the period, from prior year's 16.51 million pounds.

Further, the board proposed an interim dividend of 4 pence per share, payable on January 24, 2014 to shareholders of record on December 13, 2013.

[Andrija]

Um es mit Depeche Mode zu sagen: "Construction time again" - let the show begin:

Falklands oil industry will have its ‘Made in USA’ dock facility in Stanley harbor
The Falkland Islands budding oil and gas industry advanced a further step this week when the Falklands’ Planning and Building Committee gave planning permission to a temporary dock facility (TDF) in Stanley harbor that will provide logistics support to exploration drilling.

Noble Energy Falklands Limited will construct and operate the dock in partnership with Premier Oil and it will lie 400 meters to the east of FIPASS.

Although the TDF will have a design life of 10 years Noble proposed that the facility be operational for three years and then removed in line with the Falkland Islands Government’s policy, that the effects of oil development on Stanley Harbor must only be temporary.

FIG will be offered ‘right of first refusal’ on the TDF at the end of the three year operational period.

Speaking to the committee in a short presentation Noble’s Richard Winkelman explained that the floating barge, causeway and mooring dolphins would leave New Orleans, Louisiana around January 25, come down the east coast of South America and land in the Falklands in early March when construction of the dock will begin.

Construction will involve a new road linking the causeway to Coastel Road followed by the installation of the floating barge unit, including ballasting. The causeway will then be installed including the beach landing point and ramp.

The installation of lighting will follow and the commissioning of a lattice boom track crane. Barge facilities will then be built.

The TDF will be operational on a 24-7 basis, 365 days a year and provide cargo handling services, lifting facilities and equipment and will have the logistical capabilities to handle materials for the offshore oil and gas industry including dry bulk powders, drilling mud and drilling water storage. It will also provide infrastructure to handle waste.

Other Falklands oil and gas operators are likely to share the dock, however Noble and Premier Oil will maintain the operational manning and overall responsibility for it. It is estimated that four people will be required to manage and operate the TDF on a day to day basis.

In terms of shipping movements, vessels will travel to and from the offshore assets, transporting supplies and personnel as required.

Offshore Support Vessels will enter Stanley Harbor and moor temporarily at the TDF in order to receive or backload materials and supplies. It is expected that the total number of vessel movements to the TDF from offshore operations will be an average of one vessel per day, with a peak of no more than three per day.

Noise impact on Stanley from the TDF has been assessed. It was noted that the baseline for noise was already high due to vessel movements to FIPASS thus noise impact from the TDF was considered, “minimal.”

Regarding dredging, the conditions imposed on Noble mean unless otherwise approved in writing by the Planning Officer, they cannot dredge more than 100 cubic meters from the seabed under the first causeway barge.

No other dredging is allowed and spoil is likely to be kept near the port on land. However this has yet to be decided.

Planning application by Noble was originally submitted in late November 2013 following extensive pre-application discussions.

At the meeting this week the planning committee debated a number of the 55 conditions imposed on Noble that accompanied the granting of planning permission.

One condition that imposed ‘no more than an average of nine vessels in any rolling three day period shall visit the development…’ was considered unnecessarily restrictive and will instead be combined into the requirement for a Harbor Management Plan.

It was also noted by Environmental Officer Nick Rendell that Noble’s Environmental, Social and Health Impact Assessment (ESHIA) of the area was, “a very complete document.”

DirectorsTalk News and Research Notifications

http://www.directorstalk.com/noble-energy-falklands-limited-…
http://en.mercopress.com/2014/01/10/falklands-oil-industry-w…

[Andrija]

http://en.mercopress.com/2014/03/13/falklands-trade-mercosur…

[Andrija]

http://www.penguin-news.com/index.php/component/content/arti…

Noble Energy expects to inject $4 million into Falklands businesses with the construction of the temporary dock facility which arrived in the Falklands yesterday, Senior Vice President Susan Cunningham told those attending a presentation on Monday evening.
The installation to the east of FIPASS which the Government has stated will have to be removed in three years is due to be completed by July.
Ms Cunningham arrived in the Islands by company jet earlier that day and in a packed out Narrows Bar outlined the oil company’s programme leading into 2015 when further exploration will take place.
She said Noble Energy as a whole was predicted to more than double production by 2018, but was quick to point out that the mission statement was to energise the world and better people’s lives.
Noble Energy was, “a bunch of people, not a corporate entity,” Ms Cunningham told her interested audience, adding, “everyone around us, those we touch,” should also enjoy success.
Talking to Penguin News on Tuesday she said “possibilities,” had been identified in the preliminary findings from the recent Ramform Titan seismic survey, but that it was too early to make predictions.
“But that is why we are going to go out and contract a rig to start exploration from what we have seen in the first two areas to the south,” she said.
The company expects to start this phase in 2015 and Ms Cunningham said the expectation was that if some encouraging wells were discovered, sourcing of a rig to continue the operation would begin immediately.
In terms of operation the Falklands is more challenging than some, “but not out of the realm of what we have dealt with elsewhere in the world,” said Ms Cunningham, adding, “our expectations are that we will be able to make
Asked if it was these very challenges which make the job more exciting, she replied, “absolutely,” adding that at risk of sounding like Star Trek, Noble Energy likes, “to go where no one has gone before.
We see the greatest possibilities and are confident we can work through the challenges and have experience doing that.
We really believe it's just a case of us deciding we’re going to figure out a way.”
While the Argentine Government has threatened and even initiated legal action against some of the companies carrying out exploration in Falklands waters, Noble Energy appear to have escaped unscathed to date.
Ms Cunningham could offer no obvious explanation for this preferential treatment: “Who knows it could be because of where we come from and the range of places we work in around the world. I really don’t know and hopefully it’ll stay that way,” she told Penguin News.
The company was committed to the Falklands, Miss Cunningham had stressed at Monday’s meeting, adding that it was not the only place where different pressures and perceptions had to be dealt with.
Business Unit Manager Mike Radabugh had added that there had not been any problem getting service companies to sign up to the operation either.
Ms Cunningham who plans to return to the Islands at a lter date and enjoy some of the outdoor attractions on offer, said her first visit had been planned to coincide with the arrival of the Noble Frontier temporary dock and to begin building relationships and meeting the people involved. Unfortunately due to the bad weather hampering progress of the dock the former had not happened.
She acknowledged the god work Noble’s FI rep Richard Winkleman was doing in the Falklands: “He represents the best of Noble,” said Ms Cunningham, concluding, “We’re now really looking forward to having some success and building on it.”

[Andrija]

Falkland Island Holdings plc (LON:FKL)‘s stock had its “buy” rating reaffirmed by stock analysts at WH Ireland in a report issued on Tuesday, American Banking News reports. They currently have a GBX 465 ($7.71) target price on the stock. WH Ireland’s target price indicates a potential upside of 43.56% from the company’s current price.
Shares of Falkland Island Holdings plc (LON:FKL) opened at 340.00 on Tuesday. Falkland Island Holdings plc has a 52 week low of GBX 305.50 and a 52 week high of GBX 382.00. The stock has a 50-day moving average of GBX 340. and a 200-day moving average of GBX 345.3.
Falkland Islands Holdings plc is a holding company. The Company is engaged in general trading in the Falkland Islands, the operation of a ferry across Portsmouth Harbour and the provision of international arts logistics and storage services.

[Andrija]

http://en.mercopress.com/2014/06/04/falklands-welcomes-rig-c…

[Andrija]

http://www.watchlistnews.com/falkland-island-holdings-plc-fk…

Falkland Island Holdings plc (LON:FKL) announced a dividend on Monday, June 9th, StockRatingsNetwork.com reports. Investors of record on Wednesday, August 27th will be paid a dividend of GBX 7.50 ($0.13) per share on Friday, September 19th. This represents a dividend yield of 2.05%. The ex-dividend date is Wednesday, August 27th.

A number of research firms have recently commented on FKL. Analysts at Beaufort Securities initiated coverage on shares of Falkland Island Holdings plc in a research note on Wednesday, April 9th. They set a “buy” rating on the stock. Analysts at WH Ireland reiterated a “buy” rating on shares of Falkland Island Holdings plc in a research note on Tuesday, April 8th. They now have a GBX 465 ($7.82) price target on the stock.

Falkland Island Holdings plc (LON:FKL) traded up 3.55% during mid-day trading on Monday, hitting GBX 365.00. 13,528 shares of the company’s stock traded hands. Falkland Island Holdings plc has a 1-year low of GBX 310.40 and a 1-year high of GBX 382.00. The stock’s 50-day moving average is GBX 331.1 and its 200-day moving average is GBX 343.0.

Falkland Islands Holdings plc (LON:FKL) has operations in the Falkland Islands and the United Kingdom.

[Andrija]

http://www.fihplc.com/download/preliminary-financial-stateme…

[Andrija]

http://en.mercopress.com/2015/02/10/falkland-islands-holding…

Oha, habe ich erst jetzt gesehen. Na hoffentlich hält das Millionärssöhnchen Kurs. War zwar mit dem alten Hudd nicht immer zufrieden. Im Rückblick hat er aufgrund des Ölpreisverfalls aber (wohl eher glücklich) alles richtig gemacht.

[Andrija]

Das Interesse kehrt zurück. Nun kommen schon die patriotischen Artikel. Let´s get ready to rumble...

http://www.dailymail.co.uk/news/article-2560864/Hands-Argies…

[Andrija]

Ein aus meiner Sicht sehr interessanter Beitrag. Noble Energy scheint doch einen sehr professionellen Job zu machen. Wirkt ja schon fast sympathisch. Offenbar der deutlich bessere Partner als Premier Oil. Wirkt nicht so, als wenn die halbe Sachen machen. Im Juli ist der Übergangshafen fertig. Alleine das ganze Personal auf der Insel muss ja wohl in "unseren Hotels" schlafen zumal FKL ja in der Nähe des Standorts des Hafens investiert. Bin inzwischen trotz des Ölpreises wieder deutlich optimistischer.

https://www.youtube.com/watch?v=zfAbLwE0yOE

[Andrija]

Tja, leider keine guten Nachrichten. Dividendenausfall auf unbestimmte Zeit. Ich will den alten Hudd wiederhaben und nicht so einen Pseudojungmanager der sein Geld in FIH geparkt hat, diese als Investmentspielzeug nimmt und selbstverständlich keine Didendenzahlungen nötig hat. Dann mit dem eingesparten Geld sogar noch Investitionen in UK anzuschieben passt mir gar nicht. Keine guten Aussichten.

10 April 2015



Falkland Islands Holdings plc

(“FIH” or “the Group”)

Pre-Close Trading Update

Falkland Islands Holdings plc (“FIH”), the AIM quoted international specialist services group with businesses in the Falkland Islands and UK is pleased to provide the following update on trading for the year ended 31 March 2015.

Trading in the second half was in line with expectations.
Mirroring the trends seen in the first half of the year, there has been a continued strong performance from the Falkland Islands Company (“FIC”) and as expected, a lower level of activity, compared to last year, at the Group’s art handling and logistics business Momart, following its exceptional prior year performance. Trading at the Group’s passenger ferry business (“PHFC”) was in line with the prior year.

The Group’s overall trading performance for the year to 31 March 2015 is expected to show a small decrease in underlying pre-tax profits (before amortisation and non-trading items) compared to the record levels seen in the prior year.

In addition, the Group enjoyed a non trading pre-tax profit of £0.7million on the sale of 7.825million FOGL shares in March 2015.

Future Strategy and Dividends
The Board is keen to focus on a long term growth strategy to fully develop the potential of its existing businesses in both the Falklands and the UK and believes that a policy of re-investing profits to support accelerated growth will yield long term benefits for shareholders. Significant investment opportunities exist in both the Falkland Islands, where the Group is well placed to capitalise on the recent further positive news of commercial oil discoveries, and in the UK where the Group already has two strong specialist services businesses.

It is the Board’s considered view that the Group can best take full advantage of existing and emerging opportunities by a policy of maximising the reinvestment of profits and suspending dividend payments in order to accumulate resources to build a much more substantial group with greater critical mass in its respective markets. We believe this more focused long term approach will have more appeal for existing and prospective investors and offer much greater shareholder liquidity. The Board is confident that this new approach and focus will lead to more certain capital growth and greater overall returns for shareholders in the long term.

In accordance with this increased focus on investment and growth, the Board has decided to cease dividend payments until further notice.

Operational Highlights

• Falkland Islands Company (“FIC”) – After the subdued trading in the prior year, the Falklands economy recovered sharply, buoyed by a record squid catch, increased government spending and an uplift in economic activity in preparation for the latest exploration drilling programme which commenced in March 2015. FIC’s retail business saw increased demand and housebuilding and car sales were buoyant. FIC also saw an increased contribution from its construction Joint Venture, “SAtCO” which benefited from oil related construction contracts. With steady growth in its other service businesses including the fishing agency, property rental and insurance, contribution from FIC is expected to show welcome growth on the prior year with the prospect of more to come in a busy 2015-16.

• Momart – After an exceptional prior year Momart produced a steady performance in the face of a fiercely competitive UK and international market which saw a squeeze on both sales revenues and margins. Further investment in marketing and management information systems, which increased overheads during the year, is expected to create a stronger platform for growth in the coming year. This will be reinforced by a 25% expansion in the Company’s state of the art storage facilities which is now underway.

• Portsmouth Harbour Ferry Company (“PHFC”) – Despite a generally improving local economy, following the closure of BAE Systems shipbuilding in Portsmouth in the summer of 2014, passenger numbers declined by c.2% over the prior year. However, fare increases in June 2014 saw a modest increase in overall revenue which was sufficient to maintain the ferry’s trading contribution at a similar level to the prior year. In early 2015, construction of the ferry “Harbour Spirit” was successfully completed and the vessel was delivered to Portsmouth in March 2015. Following final commissioning she will enter service next month.

• FOGL – March 2015 saw the commencement of a six well exploration drilling campaign led by Premier Oil and Noble Energy, which has already yielded positive results with further discoveries of commercial oil reserves in the North Falklands basin.

• Cash and Bank Borrowings – At 31 March 2015, the Group had cash balances of approximately £7.3 million and bank borrowings of £0.7 million.

The Group’s Preliminary Results for the year ended 31 March 2015 are expected to be released on Monday 8 June 2015.

Chairman of FIH, Edmund Rowland, commented:

“The Group has delivered another robust trading performance, in line with expectations, and closes the year with a strong balance sheet and a healthy liquidity position.

“Following my recent appointment as Chairman I am now keen to develop secure foundations for the Group’s long term success with a focus on growth through investment and selective acquisitions, leveraging the Group’s strong cash flow and robust balance sheet.

“In the Falklands we look forward to further positive news from the current exploration drilling programme which could add further to the exceptional long term potential that will flow from the Islands’ ultimate development as an oil producing territory.

“In the UK, the Group has two established highly regarded specialist services businesses; Momart and PHFC, and from this solid base we see further opportunities to develop the scale of the Group’s activities through selective, focussed acquisitions and organic growth.

“For the year ahead we anticipate increased activity in the Falklands as the drilling campaign progresses and continued good returns from Momart and PHFC.”

[Andrija]

Das war es dann. Die letzte Beteiligung an FOGL ist dahin. War leider zu erwarten. Der FIH-Internetauftritt gibt hierzu gar nichts an. Da ist die FOGL-Beteiligung weiterhin mit 5 Mio. verzeichnet.

Falkland Islands Holdings Sells 5 Million Falkland Oil & Gas Shares (ALLISS)
Fri, 1st May 2015 09:29

LONDON (Alliance News) - Falkland Islands Holdings PLC on Friday said it has sold 5 million shares in fellow AIM-listed Falkland Oil & Gas Ltd for GBP1.4 million.


Falkland Islands Holdings said the sale had generated it a GBP0.4 million profit.

It did not provide any pricing details on the shares sold, about 1.0% of Falkland Oil & Gas's total, but the amount raised gives them a price of 28 pence.

Falkland Islands shares were untraded Friday morning, having last traded at 239.00 pence, while Falkland Oil & Gas shares were down 2.3% to 26.875 pence.

http://www.lse.co.uk/AllNews.asp?code=kpm6slu4&headline=Falk…

[Andrija]

...stabile Zahlen. Insbesondere für FIH:

8th June 2015
Falkland Islands Holdings plc
(“FIH” or the “Group”)
Final results for the year ended 31 March 2015
A copy of the Group’s results are also available on the Company’s website.
FIH, the AIM quoted international services group that owns essential services businesses in the Falkland Islands and the UK, is pleased to announce its final results for the year ended 31 March 2015.

Group Financial Highlights
• Group revenue increased 0.8% to £38.56 million (2014: £38.26 million)
• Profit before tax increased 14.4% to £3.89 million (2014: £3.40 million)
• Underlying pre-tax profits flat as expected (-2.4%), at £3.56 million (2014: £3.65 million)
• Reported diluted earnings per share increased by 20% to 25.3p (2014: 21.1p)
• Cash balances increased to £7.4 million (2014: £5.7 million)
• Bank borrowings reduced to £0.7 million (2014: £1.0 million)
• Net cash flow from operating activities, before capital expenditure and after tax payment, increased to a record £6.4 million (2014: £2.8 million)
• The Board is not recommending the payment of a final dividend, in line with strategy to reinvest earnings and cash to accelerate the Group’s growth.

Operating Highlights
Falkland Islands Company (FIC)
• Strong performance with pre-tax profits increasing by 39.4% to £1.56 million (2014: £1.12 million)
• Increased activity due to the Spring 2015 drilling programme
• Uplift in demand for corporate rented houses, hire vehicles, agency services and construction work
• Record squid catch improved confidence and boosted government finances
Momart
• Return to more normal levels of activity, following exceptional levels of activity in the prior year
• Total revenue decreased 16.5% to £15.8 million (2014: £18.3 million)
• Underlying operating profit before tax and before amortisation of intangibles was £1.21 million (2014: £1.76 million)
• Agreement reached with the Company’s landlord to construct new facilities on the East London site to increase storage capacity by 33% (Subject to receipt of final planning permission this is due to come into effect in early 2016)
• Market leader in the UK exhibitions market, involved in installation of prestigious exhibitions such as: Anselm Keifer and Rubens at the Royal Academy; Matisse at Tate Modern; Virginia Woolf at the National Portrait Gallery; and Ming at the British Museum
Portsmouth Harbour Ferry Company
• Revenues increased 4.3% to £4.3 million (2014: £4.12 million)
• Delivery of third modern ferry vessel, “Harbour Spirit” to provide improved passenger experience
• Increase in average ferry fares, to cover increased operating costs of the new ferry, coupled with new fare offerings to stimulate ferry usage

Falkland Oil & Gas Limited (‘FOGL’)
• Gradual divestment of shares in FOGL with sale of 7.8 million shares in March 2015 at a profit of £0.7 million
• Following the year end, in April 2015, the Group’s residual holding of 5 million FOGL shares was sold at a profit of £0.4 million.
• The Group’s decision to liquidate its stake in FOGL reflects the Board’s decision to re-align the portfolio

Edmund Rowland, Chairman of FIH, said:
“This has been a year of significant progress across the Group, and I am pleased to be reporting an encouraging set of results.
“Momart has continued to handle a number of high-profile exhibitions in the UK and internationally in the past year, and is expected to produce renewed progress with planned strategic improvements across the business over the next financial year.
“The Portsmouth Harbour Ferry Company saw increased revenue despite reduced passenger numbers in a challenging market place. We are delighted to have taken delivery of our third modern ferry vessel, Harbour Spirit, and we anticipate that the business will benefit from the UK’s forecast general economic recovery as well as the Navy’s planned investment in infrastructure.
“This has been a busy year for the Falkland Islands, and we anticipate further increases in activity in the Falkland Islands Company businesses, linked to the ongoing drilling campaign and further infrastructure investment by the Falkland Islands Government.
“I am also pleased to note the two oil discoveries offshore the islands, which goes further to prove up the area as a commercial oil province.
“Overall, Falkland Islands Holdings is in a strong financial position and we are in a favourable position to accelerate the Group’s growth through further investment in our existing businesses and strategic acquisitions, in line with our ongoing growth strategy.
“In the year to date, the Group’s trading performance is in line with our expectations and we anticipate another year of progress”.

Chairman’s Statement
In my first annual report as Chairman I am pleased to report that the Group achieved an encouraging trading result for the year in line with the Board’s expectations. Reported pre-tax profits were ahead of the prior year by £0.5 million at £3.9 million and underlying pre-tax profits (before amortisation and non-trading items) were lower by 2.4% at £3.6 million (2014: £3.7 million). Diluted earnings per share based upon underlying profits were unchanged at 22.0p. Reported diluted earnings per share increased by 20% to 25.3p (2014: 21.1p).
As previously announced, in line with our new policy of reinvesting earnings and cash to accelerate the growth of the Group, the Board is not recommending the payment of a final dividend.
On 9 February 2015, David Hudd retired as Chairman after 13 years’ service, during which the Group saw significant growth. On behalf of the Board and our shareholders, I would like to express our grateful thanks to David for his enormous contribution and wish him a happy retirement. I would also like to thank Mike Killingley who retired on 13 April 2015 after 10 years’ service as a Non Executive Director.
The Group’s financial position is strong and after capital expenditure of £4.7 million, cash balances at the end of the year were £7.4 million and bank borrowings £0.7 million. Net cash flow from operating activities before capital expenditure, and after the payment of tax, increased by £3.6 million to a record £6.4 million. This strong operating cash flow and healthy liquidity position (with net cash balances of £6.7 million) gives the Group significant untapped borrowing potential and the Board intends to make use of this to accelerate the Group’s growth through further investment in its existing businesses and through strategic acquisitions.

[Andrija]

Heute ist HV. Die eigene Homepage wie immer mäßig aktuell. News gibt es gleichwohl:

http://www.lse.co.uk/AllNews.asp?code=cg040zzc&headline=Falk…

Falkland Islands Holdings Says Profit Will Fall On Investments
Tue, 8th Sep 2015 10:56

LONDON (Alliance News) - Falkland Islands Holdings PLC Tuesday said that profitability in the first five months of its financial year will be lower than the prior year due to investments it has made to strengthen the infrastructure of the group's operating subsidiaries in the UK.


The owner of services companies in the Falkland Islands and the UK said that lower profitability was as expected and that the group's trading performance was robust in the five-month period.

Retail sales in the company's flagship West Store supermarket in the Falkland Islands in the 22 weeks to August 30 were 2.7% ahead of 2014 levels, it said, while trading activity in the Falkland Islands Co has remained at a high level following the arrival of the Eirik Raude drilling rig in March, it added.

In the UK, the group's art storage business, Momart, experienced a reduction in revenue from museum exhibitions at the start of the year reflecting a lower opening order book at April 1, however this has since recovered and order books at the end of August are now 12% ahead of the prior year, Falkland said.

"The board continues to review options to expand its UK operations through strategic acquisitions that will provide both economies of scale and increased business focus. In the Falklands the significant capital investment undertaken by the group since the discovery of oil in 2010, leaves FIH well placed to take full advantage of the opportunities which will be associated with oil and gas development. The board remains confident that oil will be developed in the Falklands but the timing is likely to be heavily dependent on a recovery in the oil price," Chairman Edmund Rowland said in a statement.

"With oil development activities in the Falklands still awaiting sanction until the oil price recovers and there is a confirmed commitment to proceed to production in the Falklands, the group will focus on the development of its existing UK businesses adding to them where possible by synergistic acquisitions to enhance the scale and reach of the group's operations. A satisfactory trading performance is expected for the full year," he added.

Shares in Falkland were untraded on Tuesday morning, last trading at 225.70 pence.

[Andrija]

Falkland Islands Holdings Plc (LON:FKL) – Buy
Market Cap: £28m; Current Price: 228.5p;
Satisfactory performance, valuation upside
​FKL’s update this morning highlights a satisfactory performance anticipated for the year. The Falkland Islands business is a beneficiary of the current drilling programme; while Momart’s order book has recovered well, after a slow start in exhibitions. Not surprisingly the timing of the coming stages of Falklands oil development is viewed cautiously. Looking at the business in its totality, however, the striking feature for this analyst is that adjusted for strong cash levels (subtracting c.£6m of net cash), the current market capitalisation significantly underplays the underlying value of the three constituent divisions. Given the negative oil backdrop, depressed sentiment may be understandable; however in addition to the unique asset that is the Falkland Islands Company, the two UK businesses are respectively a market leader and (the ferry) one of a kind. Any of these could command a £15-20m value. We note in addition the upside that may arise from focused and specialist acquisitions.

[Andrija]

Antwort auf Beitrag Nr.: 50.579.720 von Andrija am 08.09.15 14:35:23

Nachtrag: AGM Trading Statement

http://www.fihplc.com/download/AGM%20Trading%20Statement%200…

[Humperdinck]

Obacht,
Aktienzusammenlegung 1000:1
Hauptversammlung am 12.01.2016
The General Meeting has been called to seek approval for a capital reorganisation involving the consolidation and then sub-division of the Company's share capital and authority for the Company to buy back certain fractional entitlements arising on the consolidation of the Company's share capital.

[Andrija]

21 December 2015

Falkland Islands Holdings plc

("FIH" or the "Group")


Capital Reorganisation

Falkland Islands Holdings plc, the international services group which owns essential services businesses focused on retail, transport and logistics, announces it has today posted to shareholders a circular (the "Circular") containing notice of a general meeting to be held at 2.30 p.m. on 12 January 2016 at the offices of Bircham Dyson Bell LLP, 50 Broadway, London SW1H 0BL (the "General Meeting").

The General Meeting has been called to seek approval for a capital reorganisation involving the consolidation and then sub-division of the Company's share capital and authority for the Company to buy back certain fractional entitlements arising on the consolidation of the Company's share capital (together "the Capital Reorganisation").

The Circular provides shareholders with an explanation of the items of business and explains the action shareholders should take. The timetable associated with the Capital Reorganisation and General Meeting is shown below.

A copy of the Circular will be made available on the Company's website shortly.

EXPECTED TIMETABLE


Latest time and date for receipt of the Form of Election

1.00 p.m. on 8 January 2016

General Meeting

2.30 p.m. 12 January 2016

Record Time in relation to the Consolidation and Sub-division

6.00 p.m. 12 January 2016

Admission of New Ordinary Shares to trading on the London Stock Exchange AIM market

8.00 a.m. on 13 January 2016

CREST accounts credited in respect of New Ordinary Shares

13 January 2016

Cheques dispatched following purchases of Fractional Entitlements

26 January 2016

Definitive share certificates dispatched in respect of New Ordinary Shares

26 January 2016

Ends

http://www.londonstockexchange.com/exchange/news/market-news…

[keith]

1 Capital Reorganisation

Background

The Company currently has 2,139 Shareholders. Of these, 1,629 Shareholders have registered holdings of less than
1,000 Ordinary Shares, representing some 76 per cent of the total number of Shareholders but less than 3 per cent
(369,806 Ordinary Shares) of the total Ordinary Shares in issue (12,431,623 Ordinary Shares). The majority of these
shareholdings date back to 1998, when shareholders in Anglo United PLC received 1 share in Falkland Islands Holdings
PLC for every 300 shares they held in Anglo United. As a result, the Company has a disproportionately large number of
shareholders holding very few shares.

The large number of shareholders results in significant costs to the Company. The Board believes that it is not in the
Company’s best interests to continue to bear these costs.

Accordingly the Board proposes to buy back the Fractional Entitlement to a Consolidated Share which will accrue to
the Small Shareholders without any transaction cost being charged to the shareholder. This will benefit the Small
Shareholders who may have considered selling their Ordinary Shares but decided not to do so due to the disproportionate
dealing and administration costs relating to such a sale.

However any Small Shareholders wishing to retain their shareholding may do so, by completing the enclosed Form of
Election.

As at the close of business on 14 December 2015 being the last practicable date prior to the publication of this
document, a shareholding of 1,000 Ordinary Shares was worth £2,225 at the mid–market price.

It is important to note that the buy-back of Fractional Entitlements will only apply to registered holdings, so if you hold
less than 1,000 shares through a nominee, the buy back will only apply if the total holding of the nominee shareholder
is less than 1,000 shares.


http://www.fihplc.com/download/FICircular.pdf

[Andrija]

Antwort auf Beitrag Nr.: 51.386.277 von keith am 30.12.15 12:59:02

It is important to note that the buy-back of Fractional Entitlements will only apply to registered holdings, so if you holdless than 1,000 shares through a nominee, the buy back will only apply if the total holding of the nominee shareholder is less than 1,000 shares.

Versteht jemanden letzten entscheidenden Satz genau? Ich gehe davon aus, wir haben alle registrierte Aktien. Die oben beschriebene Konstellation mit einem Nominee kann ich mir praktisch nicht so wirklich vorstellen.

Ansonsten verstehe ich es so, dass wir für unsere Bruchanteile automatisch £2,225 bekommen. Das ohne weitere Kosten?

Spannend wird auch, was aus der Verbindung von steuerfreien (Kauf vor dem 31.12.2008) und nicht steuerfreien Aktien wird. Vermutlich nicht steuerfreie. Generell ziemlich blöd wenn sich Mischanteile in einem Depot ergeben; man ist immer skeptisch ob die Banken das hinbekommen.

Interessant ist, dass es nur 510 "Großaktionäre" gibt. Davon bin ich schon drei.

Generell soll wohl die Aktie so unatraktiv gemacht werden, dass die Rowlands sich alles einverleiben können. Der nächste Schritt wäre ein Delisting. Fragt sich, ob die anderen Großaktionäre da mitmachen und wer davon überhaupt seine Stimmrechte bei der HV wahrnimmt. Ich als drei Großaktionäre leider nicht und ihr vermutlich auch nicht.

Insgesamt alles sehr widersprüchlich. Geld soll gespart werden, okay...aber die Bruchteilsaktien kauft die Gesellschaft und auch die 3% müssen ja bezahlt werden. Auch dürfte die ganze Aktion einen hohen sechstelligen Betrag kosten. Da fragt man sich, warum in der Vergangenheit das Angebot bestanden hat, die Dividende in Zukäufe umzuwandeln.

[keith]

Antwort auf Beitrag Nr.: 51.387.516 von Andrija am 30.12.15 15:57:48

M.E. muß man da Kommas als Punkte lesen:

1,000 = 1.000

2,225 = 2.225


Der erste Satz macht sonst keinen Sinn:

"The Company currently has 2,139 Shareholders"

[keith]

Antwort auf Beitrag Nr.: 51.387.516 von Andrija am 30.12.15 15:57:48

Der genaue Preis wird wohl erst später festgelegt:

The price payable for the Fractional Entitlements is to be calculated on the basis of a Consolidated Share having a
value equal to one thousand times the value equal to 105 per cent. of the average mid-market price of an Ordinary
Share for the five Business Days ending on the date of completion of the purchase or, if higher, the value stipulated
by Article 5(1) of the Buy-back and Stabilisation Regulation being the higher of the price of the last independent trade
and the highest current independent bid available in the market.

[keith]

Antwort auf Beitrag Nr.: 51.389.754 von keith am 30.12.15 21:26:37

Insgesamt lese ich das bisher so, daß Aktionären ab 1000 Stück keine Bruchteile abgekauft werden.
Die werden am Ende der beiden Transaktionen dieselbe Sückzahl wie heute halten (als "New Ordinary Shares").


"In order to avoid the Consolidation having a detrimental effect on the market price of the Company’s shares, and to avoid
confusion that might arise from the Consolidation, the Board is proposing that, immediately following the Consolidation
and the sale and purchase of the Fractional Entitlements of the Small Shareholders, the remaining Consolidated Shares
and Fractional Entitlements will be sub-divided on the basis of 1,000 New Ordinary Shares for each Consolidated Share
held and proportionately for any Fractional Entitlement."

[Andrija]

Antwort auf Beitrag Nr.: 51.389.919 von keith am 30.12.15 21:50:36

Je mehr man sich mit dem Mist beschäftigt, desto unklarer wird es oder mein Englisch ist zu schlecht.

So wie Du das verstanden hast würde ja genau das Gegenteil von dem hier postollierten erreicht werden:

"In order to avoid the Consolidation having a detrimental effect on the market price of the Company’s shares, and to avoid
confusion that might arise from the Consolidation,..."

Es kann ja nicht sein, dass alle alten Aktien über 1.000er Stückelungen wertlos verfallen. Sie schreiben ja auch nur

"will be sub-divided on the basis of 1,000 New Ordinary Shares for each Consolidated Share
held and proportionately for any Fractional Entitlement."

und zumindest an dieser Stelle nicht was mit den Fractional Entitlements genau passieren soll?!

Ich habe es so verstanden, dass man genau erklären soll, ob man Bruchstücke "off-market" dazu kaufen oder die Bruckstücke verkaufen will. Ob das ohne eine Erklärung automatisch läuft ist mir nicht wirklich klar. Klar ist nur, dass eine rechtssichere Erklärung an die Gesellschaft einen gigantischen Aufwand bedeutet, den man sich nicht wirklich gern antun möchte.

[keith]

Antwort auf Beitrag Nr.: 51.401.772 von Andrija am 03.01.16 18:26:33

Ich habe es so verstanden:

Jemand hält 1550 Aktien.

Daraus werden im ersten Schritt 1 Consolidated Share und 0,55 Fractional Entitlements.
Die Bruchteile werden nicht verkauft, da mehr als 1000 Aktien vorhanden sind.

Im zweiten Schritt werden daraus 1550 New Ordinary Shares.


"will be sub-divided on the basis of 1,000 New Ordinary Shares for each Consolidated Share
held and proportionately for any Fractional Entitlement."

[keith]

Antwort auf Beitrag Nr.: 51.401.772 von Andrija am 03.01.16 18:26:33

Der zweite Fall sieht m.E. so aus:

Jemand hält 750 Aktien.

Daraus werden im ersten Schritt 0,75 Fractional Entitlements, die von der Gesellschaft gekauft werden, wenn sich der Aktionär nicht weiter äußert.

Oder der Aktionär entscheidet sich für den Zukauf von 0,25 Fractional Entitlements.
Daraus werden dann 1 Consolidated Share und später 1000 New Ordinary Shares.

[Andrija]

Antwort auf Beitrag Nr.: 51.402.639 von keith am 03.01.16 22:26:00

Okay, und was passiert mit den New Ordinary Shares die nicht aufgehen? Die sollen doch 1:1.000 getauscht werden.

[keith]

Antwort auf Beitrag Nr.: 51.404.685 von Andrija am 04.01.16 11:16:40

Wie meinst du das? Die New Ordinary Shares sind doch das Endprodukt der ganzen Tauscherei.
Die werden nicht mehr getauscht.

[Andrija]

Antwort auf Beitrag Nr.: 51.405.645 von keith am 04.01.16 13:11:49

Wie gesagt, je mehr man sich mit dem Mist beschäftigt, desto unklarer wird es. Warum sollen denn, Deinem Beispiel folgend, 1550 New Ordinary Shares übrig bleiben wenn es um eine Konsolidierung im Verhältnis 1.000 zu 1 geht? Dann wären doch die Consolidated Shares das Endergebnis? Bei diesem Namensgedöns wird einem ja ganz schwindelig.

[keith]

Antwort auf Beitrag Nr.: 51.406.449 von Andrija am 04.01.16 14:59:29

Für mich steht es da so drin, wie ich es in den beiden Beispielen dargestellt habe...

[Andrija]

Antwort auf Beitrag Nr.: 51.406.647 von keith am 04.01.16 15:21:47

Kann man so verstehen, macht dann aber überhaupt keinen Sinn, weil man ja in der Kürze der Zeit wieder neue "Small Shareholders" hat. Deswegen hatte ich vermutet, dass pro 1.000 Altaktien eine neue Aktie übrig bleiben soll. Nur so macht das ganze langfristig Sinn.

Was man aber in jedem Fall erreicht, ist ein Chaos bei der steuerlichen Behandlung der Aktien und sinnlose Kosten wenn die Aktien sich in mehreren Depots befinden.

[keith]

Antwort auf Beitrag Nr.: 51.407.262 von Andrija am 04.01.16 16:27:22

"weil man ja in der Kürze der Zeit wieder neue "Small Shareholders" hat."

Die Kleinaktionäre werden doch größtenteils rausgekauft. Wo sollen denn danach kurzfristig neue Kleinaktionäre herkommen?


"Was man aber in jedem Fall erreicht, ist ein Chaos bei der steuerlichen Behandlung der Aktien"

M.E. behalten ja Aktionäre über 1000 Stück die vorher gehaltene Anzahl. Es findet also kein Verkauf statt. Steuerlich ändert sich m.E. nichts. Wo befürchtest du da "Chaos"?

[Andrija]

Antwort auf Beitrag Nr.: 51.411.201 von keith am 05.01.16 02:44:39

Die Kleinaktionäre werden doch größtenteils rausgekauft. Wo sollen denn danach kurzfristig neue Kleinaktionäre herkommen?

Kurzfristig sicher nicht, mittelfristig schon. Wer hindert denn jemand daran erneut kleine Pakete zu kaufen. Ich für meinen Teil werde für Aktien unter 1.000 in Unterdepots die gleiche Anzahl erneut wieder kaufen. Generell, was ist so schlecht wenn eine Aktie für breitere Käuferschichten interessant ist? Zur HV kommen doch eh die wenigsten und postalisch habe ich noch nie etwas bekommen. Welche Kosten sollen also vermieden werden? Andere Unternehmen machen Roadshows um auf sich aufmerksam zu machen...

M.E. behalten ja Aktionäre über 1000 Stück die vorher gehaltene Anzahl. Es findet also kein Verkauf statt. Steuerlich ändert sich m.E. nichts. Wo befürchtest du da "Chaos"?

1. Alte steuerfreie Aktien (gekauft vor dem 31.12.2008) werden ausgebucht und in neue Aktien umgewandelt. Könnte man steuerlich als Verkauf sehen! Klär das mal mit Deiner Bank wenn Du in zehn Jahren verkaufst.

2. Steuerfreie und nicht steuerfreie Aktien in einem Depot werden zunächst "fraktioniert" zusammengefasst. Übrig bleiben dann wohl nicht steuerfreie.

3. Steuerfreie Aktien in einem Depot < 1.000 Stück werden verkauft bzw. es müssen nicht steuerfreie hinzugekauft werden, Ergebnis: siehe 2.

[keith]

Antwort auf Beitrag Nr.: 51.412.038 von Andrija am 05.01.16 09:33:43

"Wer hindert denn jemand daran erneut kleine Pakete zu kaufen."


Niemand. Aber hier sieht die Sache etwas anders aus:

"The majority of these shareholdings date back to 1998, when shareholders in Anglo United PLC received 1 share in Falkland Islands Holdings PLC for every 300 shares they held in Anglo United. As a result, the Company has a disproportionately large number of shareholders holding very few shares."


Die Aktien wurden den Aktionären vor 17 Jahren zugeteilt. Die wurden nicht aktiv gekauft. Es handelt sich also nicht um die klassischen Kleinaktionäre. Die Aktien liegen jetzt vielfach als "Karteileichen" in den Depots. Bei einem Verkauf würden die Gebühren den Verkaufserlös auffressen oder gar übersteigen. Diese Aktionäre werden froh sein, daß sie jetzt ohne Gebühren raus kommen und diese geringen Stückzahlen bestimmt nicht zurückkaufen.

Die Banken bekommen Gebühren für die Weiterleitung von HV-Einladungen etc. Und diese Gebühren werden für einen Teil der Aktionäre zukünftig gespart. Bei einer derartigen Aktionärsstruktur macht eine solche Maßnahme also durchaus Sinn...

[keith]

Antwort auf Beitrag Nr.: 51.412.038 von Andrija am 05.01.16 09:33:43

"1. Alte steuerfreie Aktien (gekauft vor dem 31.12.2008) werden ausgebucht und in neue Aktien umgewandelt. Könnte man steuerlich als Verkauf sehen!"


Ist m.E. längst geklärt, daß Splits und Reverse-Splits keine steuerlichen Auswirkungen haben.
Ich gehe also davon aus, daß die Banken Anschaffungsdatum und Anschaffungskurs bei den
neuen Aktien übernehmen. Sicherheitshalber frage ich in solchen Fällen immer nach der
Einbuchung bei meiner Bank nach.

[keith]

Meinen Beitrag 884 muß ich berichtigen:


Der zweite Fall sieht m.E. so aus:

Jemand hält 750 Aktien.

Daraus werden im ersten Schritt 0,75 Fractional Entitlements, die von der Gesellschaft gekauft werden, wenn sich der Aktionär nicht weiter äußert.

Oder der Aktionär entscheidet sich, daß er seine Aktien behalten will. Daraus werden später 750 New Ordinary Shares.

[keith]

http://www.londonstockexchange.com/exchange/news/market-news…

[Andrija]

Antwort auf Beitrag Nr.: 51.500.772 von keith am 15.01.16 14:18:41

Übrigens wurde in meinen Unterdepots mit Stücken unter 1.000 nichts abverkauft. Angesichts der Kursentwicklung fast schade. Nur die WKN hat sich geändert. Schon merkwürdig.

[Andrija]

Unser "großer Vorsitzender" hat sich wunderbar bereichern können. Erst schickt er mit seiner Dividendenpolitik den Kurs in den Keller und dann manöveriert er mit seinem "Kostensparprogramm gegen Kleinaktionäre" mal eben 2,5% des Aktienkapitals zum selbst festgelegten Vorzugspreis in seine Company. Rechtlich scheint so etwas für AIM-Company ja möglich zu sein oder warum protestiert keiner der anderen "Großaktionäre"? Ich schlage vor, die Tantiemen des Vorstandes mit der zurückgewonnenen Liquidität für diesen genialen Schachzug deutlich zu erhöhen. Solche oder eine ähnliche Nachricht haben wir vermutlich in ein bis zwei Monaten zu erwarten.

2 February 2016
Falkland Islands Holdings plc
("FIH" or "the Company")
Director’s dealing and Transaction in Own Shares

Falkland Islands Holdings plc (the “Company”), the AIM quoted international group which
owns essential services businesses focused on retail, transport and logistics, announces
that it has sold 315,886 ordinary shares of 10 pence each in the Company, at a price of
231.95 pence per share, which is the same price paid, per share, by the Company in the
recent shareholder reduction, and is 15% more than the closing share price on 1 February
2016 of 201 pence. These shares were previously held by the Company in itself, defined as
held “in Treasury”.
315,180 shares have been sold to Blackfish Capital Management Limited, who, as a result is
beneficially interested in 2,815,180 shares, representing 22.6% of the issued share capital of
the Company.
Edmund Rowland, Chairman of Falkland Islands Holdings plc is also a director of Blackfish
Capital Management.
The Company's issued share capital remains unchanged at 12,431,623 shares, which is the
figure which should now be used by shareholders as the denominator when determining
whether they are required to notify their interest in, or a change to their interest in, the
Company under the FCA's Disclosure and Transparency Rules.

[Andrija]

UN ruling that has expanded Argentina's territorial waters to include the Falkland Islands.

http://www.telegraph.co.uk/news/worldnews/southamerica/argen…

http://www.telegraph.co.uk/news/worldnews/southamerica/argen…

[Andrija]

Der Jahresabschluss wurde heute vorgelegt. Er hat offenbar kaum Auswirkungen auf den Kurs.

Zusammengefasst:
-Leicht sinkende Gewinne trotz steigender Umsätze. Offenbar hauptsächlich um Momart zu restrukturieren.
-Keine Dividende - was klar war
-Cash Reserven inzwischen bei 14 Mio. Pfund oder 1,13/Aktie
- Auf den Falklands passiert zunächst wenig daher wird eine weitere Akquise in GB angestrebt. Bisher waren aber alle Angebote zu teuer. (Dann kann man auch eine Dividende zahlen und ich akquiriere selbst, Sinn macht nur das Geld für die Falklands aufzuheben.
- Kein Wort zu den ja eigentlich abgeschlossenen Bauten um den Hafen.
- Der "net asset value" je Aktie wird mit 3,1 Pfund angegeben.

Der vollständige Bericht:
http://www.fihplc.com/download/Final%20results%20to%2031%20M…

[Andrija]

HV:

http://www.fihplc.com/download/AGM%20Trading%20Statement.pdf

[Andrija]

http://www.lse.co.uk/ukMoneyNews.asp?code=5fzaiiwa&headline=…

Vermutlich ist das der Grund für die leichte Kursbewegung nach oben? Der relativ beknackte Name wird es ja wohl nicht sein.

Dummerweise ist auch der Link für die Kursentwicklung zerstört. WKN ist jetzt: A2ACT7

@admin, bitte neu verknüpfen

[Andrija]

Unglaublich unsere Leiche lebt.

In London schon wieder über 2,2 gehandelt und weitere Nachfrage. Der Anstieg in so kurzer Zeit verwundert nun doch. Weiß da jemand mehr? Dafür sind die Umsätze eher noch zu gering. Vielleicht holt ja unser großer Vorsitzender zum finalen Schlag aus. Nachdem er den Kurs mit einer unsäglichen Kommunikation und konsequentem Nichthandeln und Nichtauftreten ruiniert hat, fängt er vielleicht jetzt an die Reste für den Rowlandclan einzusammeln?

Verdient haben wir den Kursanstieg; die Aktie ist mindestens das Doppelte Wert. Sogar mit unserem größten aller großen Vorsitzenden.

[Andrija]

Antwort auf Beitrag Nr.: 53.334.087 von Andrija am 23.09.16 10:43:04

Jetzt gibt es nur noch Angebote bei 2,4 Pfund. Gut, dass mag daran liegen, dass es aktuell günstig ist auf Basis des Pfundkurses zu kaufen, deswegen steigt ja auch angeblich der FTSE, aber bei so einem marktengen Wert?

In Deutschland sind auch fast höhere Käufe als in London zu sehen. Kann sich jemand outen der kauft? Wer hier kauft liest mit 99%-iger Sicherheit hier mit. Ansonsten kaufen Engländer ggf. auch die Rowlands in Deutschland.

[Andrija]

Da hat ja unserer sauberer Vorstand ganze Arbeit geleistet. Erst den Kurs runterwirtschaften und dann ein Familybusiness

FIH Group Agrees To GBP37.3 Million Takeover By Staunton Holdings
Fri, 10th Feb 2017 07:50

LONDON (Alliance News) - Staunton Holdings Ltd on Friday said it has agreed a GBP37.3 million deal to acquire UK-listed FIH Group PLC, which owns businesses in the UK and Falkland Islands.


FIH, formerly called Falkland Islands Holdings, will be acquired by Staunton for 300.00 pence per share, a 27% premium to its closing price on Thursday and a 42% premium to its volume-weighted average price for the 12 months leading up to Thursday.

FIH owns the Portsmouth Harbour Ferry Co and owns art transport and storage service Momart.

Blackfish Capital, an associate of Staunton, already owns a 23% stake in FIH. Staunton is a private firm incorporated in Guernsey and is ultimately controlled by the Rowland Purpose Trust 2001.

Edmund Rowland, the executive chairman of FIH Group, is a member of the Rowland family.

"The offer provides all FIH shareholders with the opportunity of a cash exit at an uplifted value to the prevailing share price. The independent FIH directors recommend this offer and, if shareholders accept it, will look forward with confidence to the company's ownership by Staunton," said FIH Non-Executive Director Jeremy Brade.

http://www.lse.co.uk/AllNews.asp?code=ximbw9c5&headline=FIH_…

[Andrija]

Schreibe ich eigentlich nur noch für mich selbst? Ich wäre schon interessiert wer noch an Bord ist?
Besser noch, was werdet Ihr machen. Die Chancen stehen nicht wirklich gut die Abzocke der Rowlands zu vermeiden.


Recommended Offer for FIH Group PLC
Fri, 10th Feb 2017 07:00

RNS Number : 5517W
Staunton Holdings Limited
10 February 2017


NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.



10 February 2017





RECOMMENDED CASH OFFER

by

STAUNTON HOLDINGS LIMITED

for the entire issued and to be issued ordinary share capital of

FIH GROUP PLC



Summary

• The board of directors of Staunton Holdings Limited ("Staunton") and the Independent FIH Directors are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by Staunton, an entity associated with Blackfish Capital, to acquire the entire issued and to be issued share capital of FIH (AIM: FIH) (the "Offer"), by way of a contractual offer under the Takeover Code.

• Under the terms of the Offer, FIH Shareholders will be entitled to receive 300 pence in cash for each FIH Share held.

• The Offer Price represents a premium of approximately:

o 27.39 per cent. to the Closing Price per FIH Share of 235.5 pence on 9 February 2017 (being the last Business Day prior to the date of this Announcement); and

o 41.84 per cent. to the volume weighted average price of 211.5 pence per FIH Share for the twelve months up to and including 9 February 2017 (being the last Business Day prior to the date of this Announcement).

• The Offer values the entire issued share capital of FIH at approximately £37.3 million.

• Staunton's associated entity Blackfish Capital, which is ultimately controlled by the corporate trustee of The Rowland Purpose Trust 2001, currently owns approximately 22.7 per cent. of the issued share capital of FIH.

• Staunton is a private limited company incorporated in Guernsey, Channel Islands and is ultimately controlled by the corporate trustee of The Rowland Purpose Trust 2001.

• The Independent FIH Directors, who have been so advised by WH Ireland, consider the terms of the Offer to be fair and reasonable. In providing its advice to the Independent FIH Directors, WH Ireland has taken into account the commercial assessments of the Independent FIH Directors. WH Ireland is providing independent financial advice to the Independent FIH Directors for the purposes of Rule 3 of the Takeover Code.

• Mr Edmund Rowland, Executive Chairman of FIH, is a member of the Rowland Family. In view of Mr Edmund Rowland's resulting interest in both Staunton and Blackfish Capital, he is not considered to be independent for the purposes of the Offer.

• Accordingly, the Independent FIH Directors have unanimously agreed to recommend that FIH Shareholders accept the Offer as they have irrevocably undertaken to do in respect of their own beneficial shareholdings of, in aggregate, 93,137 FIH Shares, representing approximately 0.75 per cent. of the share capital of FIH in issue as at 9 February 2017 (being the last Business Day prior to the date of this Announcement). Each of these irrevocable undertakings is binding in all circumstances (including in the event of a higher offer).

• The Offer will be conditional on, amongst other things, Staunton receiving valid acceptances (which have not been withdrawn) in respect of and/or having otherwise acquired FIH Shares which represent not less than 90 per cent. (or such lower percentage as Staunton may, subject to the Takeover Code, decide) in nominal value of FIH Shares to which the Offer relates and of the voting rights attached to those shares.

• In the event that the Offer is declared or becomes wholly unconditional and Staunton acquires FIH Shares (including those held by Blackfish Capital) which in aggregate carry at least 75 per cent. of the voting rights attaching to the FIH Shares, whether pursuant to the Offer or otherwise, and subject to any requirements of the AIM Rules, Staunton intends to procure that FIH applies to the London Stock Exchange to cancel the admission to trading on AIM of the FIH Shares.

• Should Staunton receive acceptances of 90 per cent. or more of the FIH Shares to which the Offer relates and the voting rights attaching to those shares, it intends to invoke its right to acquire compulsorily the remainder of the FIH Shares to which the Offer relates.

• Staunton reserves the right to make an equivalent reduction in its offer price if FIH announces, declares or pays any dividend or any other distribution to shareholders on or after the date of this Announcement.

The Offer Document, containing further information about the Offer and the terms and conditions of the Offer, together with a Form of Acceptance will, unless otherwise permitted by the Panel, be published within 28 days of this Announcement (or such later date as the Panel may agree) and will be made available on FIH's website at http://www.fihplc.com and Staunton's website at www.stauntonguernsey.com.

Commenting on the Offer on behalf of the Independent FIH Directors, Jeremy Brade, non-executive director of FIH said: "The Offer provides all FIH Shareholders with the opportunity of a cash exit at an uplifted value to the prevailing share price. The Independent FIH Directors recommend this Offer and, if shareholders accept it, will look forward with confidence to the Company's ownership by Staunton."

Commenting on the Offer on behalf of Staunton, Graham Robeson, a director of Staunton, said: "The Offer Price represents a significant premium to the closing price of 235.5 pence per share on 9 February 2017. We, with our associated entity Blackfish Capital, FIH's largest shareholder, firmly believe that the Company will be better off as a private unlisted company and the Offer can effect this while at the same time offering FIH Shareholders a very attractive exit for their holdings."

This summary should be read in conjunction with, and is subject to, the following full text of this Announcement and the Appendices. The Offer will be subject to the Conditions and certain further terms of the Offer set out in Appendix I to this Announcement. Appendix II sets out the sources of information and bases of calculations used in this Announcement. Appendix III contains details of the irrevocable undertakings given to Staunton. Appendix IV contains the definitions of certain terms used in this summary and in the full text of this Announcement.

The Offer Document will be posted as soon as practicable and in any event within 28 days from the date of this Announcement, unless otherwise agreed with the Panel, other than to certain Overseas FIH Shareholders in a Restricted Jurisdiction in the circumstances permitted under the Takeover Code or in accordance with any dispensation given by the Panel.

The full terms of and Conditions to the Offer will be set out in the Offer Document and the Form of Acceptance. In deciding whether or not to accept the Offer, FIH Shareholders should rely solely on the information contained in, and follow the procedures set out in, the Offer Document and Form of Acceptance.

Enquiries:




Staunton Holdings Limited

Graham Robeson




Tel: [phone]

Shore Capital and Corporate Limited
Financial Adviser to Staunton


Dru Danford

Patrick Castle

Connor Williams




Tel: [phone]



FIH Group plc


John Foster




Tel: [phone]

WH Ireland Limited
Financial Adviser and Nominated Adviser


Adrian Hadden

Nick Prowting




Tel: [phone]

Further information

Shore Capital, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively as financial adviser to Staunton and no-one else in connection with the Offer and other matters described in this Announcement, and will not be responsible to anyone other than Staunton for providing the protections afforded to clients of Shore Capital or for providing advice in relation to the Offer, the contents of this Announcement or any other matter referred to herein. Shore Capital has given, and not withdrawn, its consent to the inclusion in the Announcement of the references to its name in the form and context in which it appears.

WH Ireland, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively as financial adviser and nominated adviser to FIH and no-one else in connection with the Offer and other matters described in this Announcement, and will not be responsible to anyone other than FIH for providing the protections afforded to clients of WH Ireland or for providing advice in relation to the Offer, the contents of this Announcement or any other matter referred to herein. WH Ireland has given, and not withdrawn, its consent to the inclusion in the Announcement of the references to its name and the advice it has given to FIH in the form and context in which they appear.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT INTENDED TO, AND DOES NOT, CONSTITUTE OR FORM ANY PART OF, AN OFFER TO SELL OR AN INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES OR THE SOLICITATION OF ANY VOTE OR APPROVAL IN ANY JURISDICTION, NOR SHALL THERE BE ANY SALE, ISSUANCE OR TRANSFER OF THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT IN ANY JURISDICTION IN CONTRAVENTION OF APPLICABLE LAW. THE OFFER WILL BE MADE SOLELY BY MEANS OF THE OFFER DOCUMENT, WHICH WILL CONTAIN THE FULL TERMS AND CONDITIONS OF THE OFFER, AND IN THE CASE OF FIH SHARES HELD IN CERTIFICATED FORM, THE FORM OF ACCEPTANCE. ANY DECISION OR ACCEPTANCE IN RELATION TO THE OFFER SHOULD BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN THE OFFER DOCUMENT AND SUCH FORM OF ACCEPTANCE (IF APPLICABLE). SHAREHOLDERS ARE ADVISED TO READ THE OFFER DOCUMENT AND FORM OF ACCEPTANCE (IF APPLICABLE) CAREFULLY, ONCE THEY HAVE BEEN DESPATCHED, WHICH STAUNTON EXPECTS TO DO SHORTLY.

Cautionary Note Regarding Forward Looking Statements

This Announcement (including information incorporated by reference in this Announcement), oral statements made regarding the Offer, and other information published by Staunton and FIH may contain certain statements that are or may be deemed to be forward looking with respect to the financial condition, results of operation(s) and business of FIH and certain plans and objectives of the FIH Board and the Staunton Directors with respect thereto. These forward looking statements can be identified by the fact that they are prospective in nature and do not relate to historical or current facts. Forward looking statements often, but not always, use words such as "anticipate", "target", "expect", "estimate", "budget", "scheduled", "forecasts", "intend", "plan", "goal", "believe", "will", "may", "should", "would", "could" or other words of a similar meaning. These estimates are based on assumptions and assessments made by the FIH Board and/or the Staunton Directors in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe appropriate.

The statements contained in this Announcement are made as at the date of this Announcement, unless some other time is specified in relation to them, and service of this Announcement shall not give rise to any implication that there has been no change in the facts set forth in this Announcement since such date. By their nature, forward looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and the factors described in the context of such forward looking statements in this Announcement could cause actual results or developments to differ materially from those expressed or implied by such forward looking statements. Although FIH and Staunton believe that the expectations reflected in such forward looking statements are reasonable, neither Staunton nor FIH, nor any of their respective associates or directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward looking statements in this Announcement will actually occur. Other than in accordance with their legal or regulatory obligations (including under the AIM Rules and the Disclosure Guidance and Transparency Rules of the FCA), none of Staunton, FIH, any member of the Staunton Group, any member of the FIH Group, nor any Staunton Director or FIH Director, nor any of their respective advisers, associates, directors or officers is under any obligation, and such persons expressly disclaim any intention or obligation, to update or revise any forward looking statements, whether as a result of new information, future events or otherwise. No undue reliance should therefore be placed on these forward looking statements which speak only as at the date of this Announcement.

Disclosure Requirements of the Takeover Code

Under Rule 8.3(a) of the Takeover Code, any person who is interested in 1 per cent. or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified.

An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s). An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 p.m. (London time) on the 10th Business Day following the commencement of the offer period and, if appropriate, by no later than 3.30 p.m. (London time) on the 10th Business Day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Takeover Code, any person who is, or becomes, interested in 1 per cent. or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s), save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. (London time) on the Business Day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should contact the Panel's Market Surveillance Unit on [phone] if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.

Information Relating to FIH Shareholders

Please be aware that addresses, electronic addresses and certain information provided by FIH Shareholders, persons with information rights and other relevant persons in connection with the receipt of communications from FIH may be provided to Staunton during the Offer Period as required under Section 4 of Appendix 4 of the Takeover Code to comply with Rule 2.11(c) of the Takeover Code.

Rule 2.9 Disclosure

In accordance with Rule 2.9 of the Takeover Code, FIH confirms that, as at the date of this Announcement, it has 12,431,623 ordinary shares of 10p each in issue and admitted to trading on AIM under the ISIN reference GB00BD0CWJ91.

Purchases outside the Offer

Staunton or its nominees or brokers (acting as agents) may purchase FIH Shares otherwise than under the Offer, such as in the open market or through privately negotiated purchases. Such purchases shall comply with the Takeover Code and the rules of the London Stock Exchange.

Publication of this Announcement

A copy of this Announcement and the display documents required to be published pursuant to Rules 26.1 and 26.2 of the Takeover Code will be available, free of charge, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, on FIH's website at http://www.fihplc.com by no later than 12 noon on 13 February 2017.

Neither the content of FIH's website nor the content of any websites accessible from hyperlinks on such website (or any other websites) are incorporated into, or form part of, this Announcement nor, unless previously published by means of a regulatory information service, should any such content be relied upon in reaching a decision regarding the matters referred to in this Announcement.

In accordance with Rule 30.3 of the Takeover Code, a hard copy of this Announcement (and any information incorporated by reference in this Announcement) may be requested free of charge by contacting the Registrars on 0371 664 0321, or by writing to them at Capita Asset Services, Corporate Actions, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.

FIH Shareholders may also request that all future documents, announcements and information to be sent to them in relation to the Offer should be in hard copy form.

The Offer is subject to the provisions of the Takeover Code.

No Profit Forecasts

Other than as set out in paragraph 8 below no statement in this Announcement is intended as a profit forecast or estimate for any period and no statement in this Announcement should be interpreted to mean that earnings or earnings per share for FIH for the current or future financial years would necessarily match or exceed the historical published earnings or earnings per share for FIH.

Overseas FIH Shareholders

The availability of the Offer and the release, publication and distribution of this Announcement in jurisdictions other than the United Kingdom may be restricted by the laws of those jurisdictions and therefore persons who are not resident in the United Kingdom into whose possession this Announcement comes should inform themselves about and observe any such restrictions.

Failure to comply with any such restrictions may constitute a violation of the securities laws of any such jurisdiction. To the fullest extent permitted by applicable law, the companies and persons involved in the Offer disclaim any responsibility or liability for the violation of such restrictions by any person. Accordingly, copies of this Announcement and any other related document will not be, and must not be, directly or indirectly, mailed or otherwise distributed or sent in or into any Restricted Jurisdiction and persons in such Restricted Jurisdictions receiving such documents (including custodians, nominees and trustees) must not distribute or send them in, into or from such jurisdictions as doing so may violate the laws of such jurisdictions and may make invalid any purported acceptance of the Offer by persons in any such Restricted Jurisdiction.

This Announcement has been prepared for the purpose of complying with English law, the Takeover Code and the AIM Rules and the information disclosed may not be the same as that which would have been disclosed if this Announcement had been prepared in accordance with the laws of jurisdictions outside the United Kingdom.

The Offer will not be made, directly or indirectly, in or into, or by use of the mails, or by any means or instrumentality (including, without limitation, by means of telephone, facsimile, telex, internet or other forms of electronic communication) of interstate or foreign commerce of, or any facilities of a securities exchange of the United States, Canada, Australia, Japan, the Republic of South Africa or any other Restricted Jurisdiction and the Offer will not be capable of acceptance by any such use, means, instrumentality or facility or from within any Restricted Jurisdiction. Accordingly, copies of this Announcement and any other related document will not be, and must not be, directly or indirectly, mailed or otherwise distributed or sent in or into the United States, Canada, Australia, Japan, the Republic of South Africa or any other Restricted Jurisdiction and persons receiving such documents (including custodians, nominees and trustees) must not distribute or send them in, into or from such jurisdictions as doing so may violate the laws of such jurisdictions and may make invalid any purported acceptance of the Offer by persons in any such Restricted Jurisdiction.

Right to switch to a scheme of arrangement

Staunton reserves the right to elect, with the consent of the Panel, to implement the Offer by way of a court sanctioned scheme of arrangement under Part 26 of the Companies Act 2006, as an alternative to the Offer. In such an event the Offer would be implemented on the same terms or, if Staunton so decides, on such other terms being no less favourable, so far as applicable, as those which would apply to the Offer, subject in each case to appropriate amendments to reflect the change in method of effecting the Offer.

Rounding

Certain FIH figures included in this Announcement have been subjected to rounding adjustments.

Inside Information and Market Abuse Regulation

Certain FIH Shareholders were formally brought inside in order to discuss giving irrevocable commitments to accept the Offer. That inside information is set out in this Announcement and has been disclosed as soon as possible in accordance with paragraph 7 of article 17 of MAR. Therefore, those persons that received inside information in a market sounding are no longer in possession of inside information relating to FIH and its securities.

This Announcement contains inside information. The person responsible for arranging release of this Announcement on behalf of Staunton is Shore Capital.

Status of Announcement

This Announcement does not constitute a prospectus or prospectus equivalent document.




10 February 2017



NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.



RECOMMENDED CASH OFFER

by

STAUNTON HOLDINGS LIMITED

for the entire issued and to be issued share capital of

FIH GROUP PLC



1. Introduction

The board of Staunton and the Independent FIH Directors are pleased to announce that they have reached agreement on the terms of a recommended cash offer to be made by Staunton to acquire the entire issued and to be issued share capital of FIH.

The Offer Document and the Form of Acceptance will be posted to FIH Shareholders as soon as reasonably practicable and, in any event within 28 days of the date of this Announcement, other than to Overseas FIH Shareholders in the circumstances permitted under the Takeover Code or in accordance with any dispensation given by the Panel.

Staunton reserves the right to make an equivalent reduction in its offer price if FIH announces, declares or pays any dividend or any other distribution to shareholders on or after the date of this Announcement.

2. The Offer

The Offer, which will be subject to the terms and conditions set out in Appendix I to this Announcement and to the full terms and conditions to be set out in the Offer Document, will be made on the following basis:

for each FIH Share 300 pence in cash

The Offer values the whole of the issued share capital of FIH at approximately £37.3 million.

The Offer represents an opportunity for all FIH Shareholders to realise their investment at a substantial premium to FIH's current market value.

The Offer Price represents a premium of approximately:

• 27.39 per cent. to the Closing Price per FIH Share of 235.5 pence on 9 February 2017 (being the last Business Day prior to the date of this Announcement); and

• 41.84 per cent. to the volume weighted average price of 211.5 pence per FIH Share for the twelve months up to and including 9 February 2017 (being the last Business Day prior to the date of this Announcement).

The Offer will extend to all FIH Shares unconditionally allotted or issued and fully paid on the date of the Offer and any FIH Shares which are unconditionally allotted or issued and fully paid whilst the Offer remains open for acceptance or by such earlier date as Staunton may decide, subject to the Takeover Code, and not being earlier than the date on which the Offer becomes unconditional as to acceptances.

The Offer will impact on certain options held by participants in the Share Plans and Staunton's intentions in this respect are described in paragraph 11 below.

The FIH Shares will be acquired pursuant to the Offer fully paid and free from all liens, charges, equitable interests, encumbrances and rights of pre-emption and any other interests of any nature whatsoever and together with all rights attaching thereto.

The Offer is conditional on, amongst other things, Staunton receiving valid acceptances (which have not been withdrawn) which, when taken together with any FIH Shares which Staunton and parties acting in concert with Staunton hold or have acquired or agreed to acquire, pursuant to the Offer or otherwise, carry in aggregate not less than 90 per cent. (or such lower percentage as Staunton may, subject to the Takeover Code, decide, but more than 50 per cent.) of the voting rights normally exercisable at a general meeting of FIH.

3. Background to and reasons for the Offer

Staunton believes that the Offer represents a compelling opportunity for FIH Shareholders to exit at a significant premium to the prevailing price of an FIH Share. Staunton, which is an associate entity of Blackfish Capital, the largest FIH Shareholder, believes that FIH would be more suited to being an unlisted private company for various reasons including, inter alia, removing FIH's public company costs.

Accordingly, in the event that the Offer is declared or becomes wholly unconditional, and Staunton acquires FIH Shares which, carry at least 75 per cent. of the voting rights attaching to the FIH Shares, whether pursuant to the Offer or otherwise, and subject to any requirements of the AIM Rules, Staunton intends to procure that FIH applies to the London Stock Exchange to cancel the admission to trading on AIM of the FIH Shares.

Further details on Staunton's intentions in relation to FIH are set out in paragraph 10 below.

4. Irrevocable undertakings

Staunton has received irrevocable undertakings to accept the Offer from the Independent FIH Directors in respect of their own beneficial shareholdings of in aggregate 93,137 FIH Shares, representing approximately 0.75 per cent. of FIH's issued share capital on 9 February 2017 (being the last Business Day prior to the date of this Announcement). Each of these irrevocable undertakings is binding in all circumstances (including in the event of a higher offer).

Further details of these irrevocable undertakings are set out in Appendix III to this Announcement.

5. Recommendation of the Offer by the Independent FIH Directors

The Independent FIH Directors, who have been so advised by WH Ireland, consider the terms of the Offer to be fair and reasonable. In providing advice to the Independent FIH Directors, WH Ireland has taken into account the commercial assessments of the Independent FIH Directors. WH Ireland is providing independent financial advice for the purposes of Rule 3 of the Takeover Code to the Independent FIH Directors.

Accordingly, the Independent FIH Directors have agreed to recommend FIH Shareholders to accept the Offer, as they have irrevocably undertaken to do in respect of their own beneficial shareholdings of a total of 93,137 FIH Shares, representing approximately 0.75 per cent. of FIH's issued share capital.

The Independent FIH Directors urge FIH Shareholders to accept the Offer as soon as possible following the despatch of the Offer Document.

Mr Edmund Rowland, Executive Chairman of FIH, is a member of the Rowland Family. In view of Mr Edmund Rowland's resulting interest in both Staunton and Blackfish Capital he is not considered to be independent for the purposes of the Offer.

6. Background to and reasons for the recommendation of the Offer

The Independent FIH Directors are pleased to note Staunton's confirmation that it has no intention to make any changes to the conditions of employment of any of the FIH Group employees and that Staunton intends to safeguard the existing employment and pension rights of all FIH Group's management and employees in accordance with applicable law and to comply with FIH Group's pension obligations for existing employees and members of FIH Group's pension schemes.

The Independent FIH Directors welcome Staunton's confirmation that, other than for the intended re-location of the Company's head office (and certain head office employees), it does not intend to make any changes to the locations of FIH Group's business operations or the deployment of its fixed assets.

The Independent FIH Directors believe that the Offer is in the best interests of both FIH and its shareholders and, therefore, unanimously recommend that FIH Shareholders accept the Offer. In addition, in considering the merits of the Offer, the Independent FIH Directors have also taken into account:

• the level of the cash consideration, providing FIH Shareholders with certainty of value at a premium to the recent market share price; and

• the relative lack of liquidity in FIH Shares and the fact that the Offer provides FIH Shareholders with a certain opportunity to realise their investment in the Company wholly for cash.

7. Information on Staunton

Staunton is a private limited company and was incorporated in Guernsey, Channel Islands on 7 October 2016. It is wholly owned by companies which are ultimately controlled by the corporate trustee of The Rowland Purpose Trust 2001. It has arranged for the cash consideration for the offer to be provided by Albany Treasury Limited (a private limited company incorporated in Guernsey), one of its associated entities.

Blackfish Capital, which holds 22.7 per cent. of the issued ordinary shares of the Company, is also an associated entity of Staunton and ultimately controlled by the corporate trustee of The Rowland Purpose Trust 2001.

8. Information on FIH

The Company is incorporated in England, with operations in the Falkland Islands and the UK. The Company's shares were admitted to trading on the London Stock Exchange in 1998 and were transferred to AIM in January 2003.

The FIH Group's business activities in the Falkland Islands are conducted by The Falkland Islands Company Limited ("FIC"), established by Royal Charter in 1852. FIC's activities include retailing, property, insurance, hotels, shipping and fishing agency services. In the UK the FIH Group operates a long established passenger ferry service across the mouth of Portsmouth harbour, The Portsmouth Harbour Ferry Company Limited. In 2008 the group acquired Momart International Ltd, which handles the storage of fine art and antiquities.

On 14 June 2016, FIH published its final results for the period ending 31 March 2016 (the annual report is available on FIH's website http://www.fihplc.com). FIH's trading in the 6 month period to 30 September 2016, as set out in its interim results published on 17 November 2016 ("Interim Report") (also available on the Company's website), was in line with expectations.

In accordance with Rule 28.1 of the Takeover Code, the Independent FIH Directors confirm that the following statements, in relation to FIC published in the Interim Report, remain valid, have been compiled on the basis of the assumptions stated and that the basis of accounting used is consistent with the Company's accounting policies:

• "In contrast to the record profits generated by FIC in H2 last year, the second half of the current year is also expected to see a return to more normal trading levels."

• "In contrast to the prior year where activity in Stanley was buoyed to record levels by the extended stay of the Eirik Raude rig, the outlook for H2 in the current year, is for a much quieter, more "normal" trading period".

• "Although in the near term, profits at FIC will be lower than the record levels seen last year, when oil production does move forward with its wide, well established portfolio of profitable service businesses and legacy property assets, FIC is well placed to take full advantage of the growth which will follow."

9. Financing of the Offer

The cash consideration payable by Staunton under the terms of the Offer will be financed out of the cash resources of its associated entity, Albany Treasury Limited. Staunton has entered into a loan agreement with Albany Treasury Limited under which the cash consideration for the Offer will be loaned to Staunton in its entirety.

Shore Capital, as financial adviser to Staunton, is satisfied that sufficient resources are available to Staunton to satisfy in full the cash consideration payable to FIH Shareholders as a result of full acceptance of the Offer.

10. Future intentions for FIH, its management and employees

Staunton attaches great importance to the skills, expertise and knowledge of the existing management and employees of FIH and its subsidiaries. Assuming that the Offer becomes unconditional, Staunton envisages that operations will continue under the existing management and that the ongoing development and expansion of the business will be implemented under that management. Staunton intends to re-locate FIH's head office to its existing offices in East London.

Staunton confirms that if the Offer is declared unconditional in all respects it intends to safeguard fully the existing employment and pension rights of all FIH's management and employees in accordance with applicable law and to comply with FIH's pension obligations for existing employees and members of FIH's pension schemes.

Other than for the potential re-location of the Company's head office, and accordingly certain head office employees, Staunton's plans for FIH do not involve any changes in the conditions of employment of its employees and Staunton does not intend to make any changes to the locations of FIH's business operations or the deployment of its fixed assets.

If the Offer is declared unconditional in all respects, Jeremy Brade has agreed to step down from the FIH Board, whilst John Foster will remain as Managing Director. Staunton may appoint new directors to the FIH Board, as appropriate.

11. Share options

The Offer will impact on certain options held by participants in the Share Plans. Relevant participants will be contacted regarding the effect of the Offer on their rights under the Share Plans and appropriate proposals will be made to such participants in due course.

Staunton's current intention is that, following the Offer becoming or being declared unconditional as to acceptances, certain participants will be offered the opportunity of receiving a cash payment equal to the gain that they would otherwise have received following the exercise of their outstanding options.

The Offer will extend to any FIH Shares which are issued or unconditionally allotted or issued as a result of the exercise of any share options before the date on which the Offer closes (or by such earlier date as Staunton, subject to the Takeover Code, may decide).

12. Cancellation of admission to trading on AIM, compulsory acquisition and re-registration

If the Offer becomes or is declared unconditional in all respects, and Staunton has, by virtue of acceptances of the Offer, including the FIH Shares held by Blackfish Capital, acquired or agreed to acquire FIH Shares carrying at least 75 per cent. of the voting rights attaching to the issued share capital of FIH, Staunton intends to procure that FIH will make an application for the cancellation of admission of FIH Shares to trading on AIM.

It is anticipated that the cancellation of admission to trading of FIH Shares on AIM will take effect no earlier than 20 Business Days following the making of such application and notifying the London Stock Exchange of such cancellation date.

Staunton will have the right to elect to waive the Acceptance Condition on receipt of sufficient acceptances representing at least 50 per cent. of voting rights under the Offer. In such circumstances and on receipt of sufficient acceptances representing at least 75 per cent. of voting rights under the Offer, Staunton intends to procure that FIH makes an application for a cancellation of admission to trading. Staunton would notify FIH Shareholders when the required threshold has been attained and confirm that the notice period has commenced and the anticipated date of cancellation.

The cancellation of the admission to trading of FIH Shares on AIM would significantly reduce the liquidity and marketability of any FIH Shares in respect of which the Offer has not been accepted at that time.

If Staunton receives acceptances under the Offer in respect of, or otherwise acquires, 90 per cent. or more of the FIH Shares to which the Offer relates and 90 per cent. or more of the voting rights carried by the FIH Shares to which the Offer relates, Staunton will exercise its right pursuant to the provisions of Part 28 of the Companies Act 2006 to acquire compulsorily the remaining FIH Shares in respect of which the Offer has not been accepted on the same terms as the Offer.

It is also intended that, following the Offer becoming or being declared unconditional in all respects and admission to trading on AIM of FIH Shares having been cancelled, FIH will be re-registered as a private company under the relevant provisions of the Companies Act 2006.

If the Offer becomes or is declared wholly unconditional and cancellation of the admission to trading on AIM of the FIH Shares occurs, but Staunton does not receive sufficient acceptances under the Offer to entitle it compulsorily to acquire the remaining FIH Shares, FIH Shareholders who have not validly accepted the Offer will be shareholders in an unlisted company with no ready or liquid market for their FIH Shares and no right for their FIH Shares to be compulsorily acquired by Staunton.

13. Offer Document

The Offer will be subject to the Conditions and certain further terms set out or referred to in Appendix I to this Announcement, and subject to the further terms to be set out in full in the Offer Document together with, for FIH Shares held in certificated form, the Form of Acceptance, when issued.

It is expected that the Offer Document and the Form of Acceptance will be published as soon as practicable and, in any event, (save with the consent of the Panel) within 28 days of the date of this Announcement. The Offer Document will be made available to all FIH Shareholders, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, on FIH's website at http://www.fihplc.com and Staunton's website at www.stauntonguernsey.com.

The Offer Document will contain important information on the Offer and on how FIH Shareholders may accept it and, accordingly, all FIH Shareholders are urged to read the Offer Document and (in the case of FIH Shareholders holding FIH Shares in certificated form) the accompanying Form of Acceptance when published and/or received.

14. Overseas FIH Shareholders

The availability of the Offer to persons not resident in, and not citizens of, the United Kingdom may be affected by the laws of the relevant jurisdictions in which they are located or of which they are citizens.

Persons who are not resident in, or not citizens of, the United Kingdom should inform themselves of, and observe, any applicable legal or regulatory requirements of their jurisdictions. Overseas FIH Shareholders who are in any doubt regarding such matters should consult an appropriate independent professional adviser in the relevant jurisdiction without delay.

Further details in relation to Overseas FIH Shareholders will be contained in the Offer Document.

15. Disclosures of interests

Blackfish Capital, which is an associated entity of Staunton, holds 2,815,180 FIH Shares representing 22.7 per cent. of the issued ordinary capital of the Company. Edmund Rowland, Executive Chairman of the Company, is a director of Blackfish Capital Management Limited, a fund manager connected with Blackfish Capital. In addition a director of Staunton, Barclay Rowland, is a member of the Rowland Family.

Staunton confirms that, apart from the above holding, no other holding of FIH Shares is required to be disclosed by it under Rule 8.1(a) of the Takeover Code.

As at the close of business on 9 February 2017, being the last practicable date prior to the publication of this Announcement, save for the interests mentioned in this paragraph above, neither Staunton nor any of the Staunton Directors nor, so far as the Staunton Directors are aware, any person acting, or deemed to be acting, in concert with Staunton:

• had an interest in, or right to subscribe for, relevant securities of FIH;

• had any short position in (whether conditional or absolute and whether in the money or otherwise), including any short position under a derivative, any agreement to sell or any delivery obligation or right to require another person to purchase or take delivery of, relevant securities of FIH;

• had procured an irrevocable commitment or letter of intent to accept the Offer in respect of relevant securities of FIH; or

• had borrowed or lent any FIH Shares.

Furthermore, no arrangement exists with Staunton or any person acting in concert with Staunton in relation to FIH Shares. For these purposes, an "arrangement" includes any indemnity or option arrangement, any agreement or any understanding, formal or informal, of whatever nature, relating to FIH Shares which may be an inducement to deal or refrain from dealing in such securities.

16. Expected timetable for publication of the Offer Document

The Offer Document, containing further information about the Offer and the terms and conditions of the Offer, together with a Form of Acceptance will, unless otherwise permitted by the Panel, be published within 28 days of this Announcement (or such later date as the Panel may agree) and will be made available on FIH's website at http://www.fihplc.com and Staunton's website at www.stauntonguernsey.com.

17. Documents published on a website

The following documents will, by no later than 12:00 noon on the Business Day following the date of this Announcement, be made available on FIH's website at http://www.fihplc.com until the date on which the Offer becomes unconditional as to acceptances:

• this Announcement;

• the irrevocable undertakings referred to in paragraph 4 above and described in Appendix III to this Announcement;

• the loan agreement between Albany Treasury Limited and Staunton referred to in paragraph 9 above; and

• consent letters from Shore Capital and WH Ireland.

Neither the contents of FIH's website, nor the content of any other website accessible from hyperlinks on such website, is incorporated into or forms part of, this Announcement.

18. Enquiries:




Staunton Holdings Limited


Graham Robeson




Tel: [phone]

Shore Capital and Corporate Limited
Financial Adviser to Staunton


Dru Danford

Patrick Castle

Connor Williams




Tel: [phone]



FIH Group plc


John Foster




Tel: [phone]

WH Ireland Limited
Financial Adviser and Nominated Adviser


Adrian Hadden

Nick Prowting




Tel: [phone]



Appendices (as relevant):

I Conditions and certain further terms of the Offer

II Sources of information and bases of calculations

III Details of irrevocable undertakings

IV Definitions

Shore Capital, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively as financial adviser to Staunton and no-one else in connection with the Offer and other matters described in this Announcement, and will not be responsible to anyone other than Staunton for providing the protections afforded to clients of Shore Capital or for providing advice in relation to the Offer, the contents of this Announcement or any other matter referred to herein. Shore Capital has given, and not withdrawn, its consent to the inclusion in the Announcement of the references to its name in the form and context in which they appear.

WH Ireland, which is authorised and regulated in the United Kingdom by the Financial Conduct Authority, is acting exclusively as financial adviser and nominated adviser to FIH and no-one else in connection with the Offer and other matters described in this Announcement, and will not be responsible to anyone other than FIH for providing the protections afforded to clients of WH Ireland or for providing advice in relation to the Offer, the contents of this Announcement or any other matter referred to herein. WH Ireland has given, and not withdrawn, its consent to the inclusion in the Announcement of the references to its name and the advice it has given to FIH in the form and context in which they appear.

THIS ANNOUNCEMENT IS FOR INFORMATION PURPOSES ONLY AND IS NOT INTENDED TO, AND DOES NOT, CONSTITUTE OR FORM ANY PART OF, AN OFFER TO SELL OR AN INVITATION TO SUBSCRIBE FOR OR PURCHASE ANY SECURITIES OR THE SOLICITATION OF ANY VOTE OR APPROVAL IN ANY JURISDICTION, NOR SHALL THERE BE ANY SALE, ISSUANCE OR TRANSFER OF THE SECURITIES REFERRED TO IN THIS ANNOUNCEMENT IN ANY JURISDICTION IN CONTRAVENTION OF APPLICABLE LAW. THE OFFER WILL BE MADE SOLELY BY MEANS OF THE OFFER DOCUMENT, WHICH WILL CONTAIN THE FULL TERMS AND CONDITIONS OF THE OFFER, AND IN THE CASE OF FIH SHARES HELD IN CERTIFICATED FORM, THE FORM OF ACCEPTANCE. ANY DECISION OR ACCEPTANCE IN RELATION TO THE OFFER SHOULD BE MADE ONLY ON THE BASIS OF THE INFORMATION CONTAINED IN THE OFFER DOCUMENT AND SUCH FORM OF ACCEPTANCE (IF APPLICABLE). SHAREHOLDERS ARE ADVISED TO READ THE OFFER DOCUMENT AND FORM OF ACCEPTANCE CAREFULLY, ONCE IT HAS BEEN DESPATCHED, WHICH STAUNTON EXPECTS TO DO SHORTLY.

Cautionary Note Regarding Forward Looking Statements

This Announcement (including information incorporated by reference in this Announcement), oral statements made regarding the Offer, and other information published by Staunton and FIH may contain certain statements that are or may be deemed to be forward looking with respect to the financial condition, results of operation(s) and business of FIH and certain plans and objectives of the FIH Board and the Staunton Director with respect thereto. These forward looking statements can be identified by the fact that they are prospective in nature and do not relate to historical or current facts. Forward looking statements often, but not always, use words such as "anticipate", "target", "expect", "estimate", "budget", "scheduled", "forecasts", "intend", "plan", "goal", "believe", "will", "may", "should", "would", "could" or other words of a similar meaning. These estimates are based on assumptions and assessments made by the FIH Board and/or the Staunton Directors in light of their experience and their perception of historical trends, current conditions, expected future developments and other factors they believe appropriate. The statements contained in this Announcement are made as at the date of this Announcement, unless some other time is specified in relation to them, and service of this Announcement shall not give rise to any implication that there has been no change in the facts set forth in this Announcement since such date.

By their nature, forward looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future and the factors described in the context of such forward looking statements in this Announcement could cause actual results or developments to differ materially from those expressed or implied by such forward looking statements. Although FIH and Staunton believe that the expectations reflected in such forward looking statements are reasonable, neither Staunton nor FIH, nor any of their respective associates or directors, officers or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward looking statements in this Announcement will actually occur. Other than in accordance with their legal or regulatory obligations (including under the AIM Rules and the Disclosure Guidance and Transparency Rules of the FCA), none of Staunton, FIH, any member of the Staunton Group, any member of the FIH Group, nor any Staunton Director or FIH Director, nor any of their respective advisers, associates, directors or officers is under any obligation, and such persons expressly disclaim any intention or obligation, to update or revise any forward looking statements, whether as a result of new information, future events or otherwise.

No undue reliance should therefore be placed on these forward looking statements which speak only as at the date of this Announcement.

Disclosure Requirements of the Takeover Code

Under Rule 8.3(a) of the Takeover Code, any person who is interested in 1 per cent. or more of any class of relevant securities of an offeree company or of any securities exchange offeror (being any offeror other than an offeror in respect of which it has been announced that its offer is, or is likely to be, solely in cash) must make an Opening Position Disclosure following the commencement of the offer period and, if later, following the announcement in which any securities exchange offeror is first identified. An Opening Position Disclosure must contain details of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror(s).

An Opening Position Disclosure by a person to whom Rule 8.3(a) applies must be made by no later than 3.30 p.m. (London time) on the 10th Business Day following the commencement of the offer period and, if appropriate, by no later than 3.30 p.m. (London time) on the 10th Business Day following the announcement in which any securities exchange offeror is first identified. Relevant persons who deal in the relevant securities of the offeree company or of a securities exchange offeror prior to the deadline for making an Opening Position Disclosure must instead make a Dealing Disclosure.

Under Rule 8.3(b) of the Takeover Code, any person who is, or becomes, interested in 1 per cent. or more of any class of relevant securities of the offeree company or of any securities exchange offeror must make a Dealing Disclosure if the person deals in any relevant securities of the offeree company or of any securities exchange offeror. A Dealing Disclosure must contain details of the dealing concerned and of the person's interests and short positions in, and rights to subscribe for, any relevant securities of each of (i) the offeree company and (ii) any securities exchange offeror, save to the extent that these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 p.m. (London time) on the Business Day following the date of the relevant dealing.

If two or more persons act together pursuant to an agreement or understanding, whether formal or informal, to acquire or control an interest in relevant securities of an offeree company or a securities exchange offeror, they will be deemed to be a single person for the purpose of Rule 8.3.

Opening Position Disclosures must also be made by the offeree company and by any offeror and Dealing Disclosures must also be made by the offeree company, by any offeror and by any persons acting in concert with any of them (see Rules 8.1, 8.2 and 8.4 of the Takeover Code).

Details of the offeree and offeror companies in respect of whose relevant securities Opening Position Disclosures and Dealing Disclosures must be made can be found in the Disclosure Table on the Panel's website at www.thetakeoverpanel.org.uk, including details of the number of relevant securities in issue, when the offer period commenced and when any offeror was first identified. You should consult the Panel's Market Surveillance Unit on [phone] if you are in any doubt as to whether you are required to make an Opening Position Disclosure or a Dealing Disclosure.

Information Relating to FIH Shareholders

Please be aware that addresses, electronic addresses and certain information provided by FIH Shareholders, persons with information rights and other relevant persons in connection with the receipt of communications from FIH may be provided to Staunton during the offer period as requested under Section 4 of Appendix 4 to comply with Rule 2.11(c) of the Takeover Code.

Rule 2.9 Disclosure

In accordance with Rule 2.9 of the Takeover Code, FIH confirms that, as at the date of this Announcement, it has 12,431,623 ordinary shares of 10p each in issue and admitted to trading on AIM under the ISIN reference GB00BD0CWJ91.

Overseas FIH Shareholders

The availability of the Offer and the release, publication and distribution of this Announcement in jurisdictions other than the United Kingdom may be restricted by the laws of those jurisdictions and therefore persons who are not resident in the United Kingdom into whose possession this Announcement comes should inform themselves about and observe any such restrictions.

Failure to comply with any such restrictions may constitute a violation of the securities laws of any such jurisdiction. To the fullest extent permitted by applicable law, the companies and persons involved in the Offer disclaim any responsibility or liability for the violation of such restrictions by any person. Accordingly, copies of this Announcement and any other related document will not be, and must not be, directly or indirectly, mailed or otherwise distributed or sent in or into the United States, Canada, Australia, Japan, the Republic of South Africa or any other any Restricted Jurisdiction and persons in such Restricted Jurisdictions receiving such documents (including custodians, nominees and trustees) must not distribute or send them in, into or from such jurisdictions as doing so may violate the laws of such jurisdictions and may make invalid any purported acceptance of the Offer by persons in any such Restricted Jurisdiction. This Announcement has been prepared for the purpose of complying with English law, the Takeover Code and the AIM Rules and the information disclosed may not be the same as that which would have been disclosed if this Announcement had been prepared in accordance with the laws of jurisdictions outside the United Kingdom.

The Offer will not be made, directly or indirectly, in or into, or by use of the mails, or by any means or instrumentality (including, without limitation, by means of telephone, facsimile, telex, internet or other forms of electronic communication) of interstate or foreign commerce of, or any facilities of a securities exchange of the United States, Canada, Australia, Japan, the Republic of South Africa or any other Restricted Jurisdiction and the Offer will not be capable of acceptance by any such use, means, instrumentality or facility or from within any Restricted Jurisdiction. Accordingly, copies of this Announcement and any other related document will not be, and must not be, directly or indirectly, mailed or otherwise distributed or sent in or into the United States, Canada, Australia, Japan, the Republic of South Africa or any other Restricted Jurisdiction and persons receiving such documents (including custodians, nominees and trustees) must not distribute or send them in, into or from such jurisdictions as doing so may violate the laws of such jurisdictions and may make invalid any purported acceptance of the Offer by persons in any such Restricted Jurisdiction.

Publication of this Announcement

A copy of this Announcement and the documents required to be published pursuant to Rules 26.1 and 26.2 of the Takeover Code will be available, free of charge, subject to certain restrictions relating to persons resident in Restricted Jurisdictions, on FIH's website at http://www.fihplc.com by no later than 12 noon on 13 February 2017.

Neither the content of Staunton's nor FIH's websites nor the content of any websites accessible from hyperlinks on such websites (or any other websites) are incorporated into, or form part of, this Announcement nor, unless previously published by means of a recognised information service, should any such content be relied upon in reaching a decision regarding the matters referred to in this Announcement.

In accordance with Rule 30.3 of the Takeover Code a hard copy of this Announcement may be requested free of charge by contacting the Registrars on 0371 664 0321, or by writing to them at Capita Asset Services, Corporate Actions, The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.

FIH Shareholders may also request that all future documents, announcements and information to be sent to them in relation to the Offer should be in hard copy form.

The Offer is subject to the provisions of the Takeover Code.

Inside Information and Market Abuse Regulation

Certain FIH Shareholders were formally brought inside in order to discuss giving irrevocable commitments to accept the Offer. That inside information is set out in this Announcement and has been disclosed as soon as possible in accordance with paragraph 7 of article 17 of MAR. Therefore, those persons that received inside information in a market sounding are no longer in possession of inside information relating to the Company and its securities. This Announcement contains inside information.

This Announcement contains inside information. The person responsible for arranging the release of this Announcement on behalf of Staunton is Shore Capital.

Status of Announcement

This Announcement does not constitute a prospectus or prospectus equivalent document.




APPENDIX I

CONDITIONS AND CERTAIN FURTHER TERMS OF THE OFFER

PART A: Conditions of the Offer



The Offer is subject to the following Conditions:

Acceptance Condition

(a) valid acceptances of the Offer being received (and not, where permitted, withdrawn) by no later than 1.00 p.m. on the First Closing Date of the Offer (or such later time(s) and/or date(s) as Staunton may, subject to the rules of the Takeover Code or with the consent of the Panel, decide) in respect of not less than 90 per cent. of the FIH Shares to which the Offer relates and of the voting rights carried by those FIH Shares (or in each case such lesser percentage as Staunton may decide, provided that this condition shall not be satisfied unless Staunton shall have acquired or agreed to acquire, pursuant to the Offer or otherwise, FIH Shares carrying in aggregate more than 50 per cent. of the voting rights normally exercisable at a general meeting of FIH including for this purpose (to the extent, if any, required by the Panel) any such voting rights attached to any FIH Shares unconditionally allotted or issued before the Offer becomes or is declared unconditional as to acceptances, whether pursuant to the exercise of conversion or subscription rights or otherwise), and for the purposes of this condition:

(i) the expression "FIH Shares to which the Offer relates" shall be construed in accordance with Chapter 3 of Part 28 of the Companies Act 2006;

(ii) FIH Shares which have been unconditionally allotted but not issued shall be deemed to carry the voting rights which they will carry upon being entered into the register of members of FIH; and

(iii) valid acceptances shall be deemed to have been received in respect of FIH Shares which are treated for the purposes of section 979(8) Companies Act 2006 as having been acquired or contracted to be acquired by Staunton by virtue of acceptances of the Offer.

Third party clearances and Authorisations

(b) no central bank, government or governmental, quasi-governmental, supranational, statutory, regulatory, environmental or investigative body, court, trade agency, professional association, institution, employee representative body, or any other such body or person whatsoever in any jurisdiction (each a "Third Party'' and all collectively "Third Parties'') having decided or given notice of a decision to take, institute or threaten any action, proceeding, suit, investigation, enquiry or reference, or having required any action to be taken, or otherwise having done anything, or having enacted, made or proposed and there not continuing to be outstanding any statute, regulation, decision or order which would or might reasonably be expected to:

(i) make the Offer or its implementation or the acquisition or proposed acquisition by Staunton of all or any FIH Shares, or the acquisition or proposed acquisition of control of FIH, by Staunton, void, illegal or unenforceable under the laws of any relevant jurisdiction, or otherwise, directly or indirectly, restrain, restrict, prohibit, challenge, delay, hinder or otherwise interfere with the same, or impose additional adverse conditions or obligations with respect thereto, or otherwise challenge or require amendment to the terms of the Offer or any such acquisition to an extent in any such case which is material in the context of the Offer;

(ii) require, prevent or delay the divestiture, or alter the terms envisaged for any proposed divestiture, by any member of the Wider FIH Group of all or any portion of their respective businesses, assets or properties or impose any limitation on the ability of any of them to conduct their respective businesses (or any part of them) or to own or manage their respective assets or properties or any part of them to an extent in any such case which is material in the context of the Offer;

(iii) impose any limitation on, or result in a delay in, the ability of Staunton, directly or indirectly, to acquire or to hold or to exercise effectively all or any rights of ownership in respect of shares, loans or other securities (or the equivalent) in any member of the Wider FIH Group or to exercise management control over any such member to an extent which is material in the context of the FIH Group taken as a whole;

(iv) otherwise adversely affect in any material respect any or all of the businesses, assets, liabilities, profits or prospects of any member of the Staunton Group or the Wider FIH Group;

(v) save pursuant to the Offer or sections 974 to 991 of the Companies Act 2006 require Staunton or the Wider FIH Group to acquire, or offer to acquire, any shares or other securities (or the equivalent) in, or any asset owned by, any member of the Wider FIH Group to an extent which is material in the context of the FIH Group taken as a whole;

(vi) result in a delay in the ability of Staunton, or render it unable, to acquire some or all of the FIH Shares to which the Offer relates;

(vii) require a divestiture by Staunton of any shares or other securities (or the equivalent) in FIH to an extent in any such case which is material to Staunton in the context of the Offer; or

(viii) result in any member of the Wider FIH Group or the Staunton Group ceasing to be able to carry on business under any name which it presently does so to an extent which is material in the context of the FIH Group taken as a whole,

and all applicable waiting and other time periods during which any such Third Party could decide to take, institute, implement or threaten any such action, proceeding, suit, investigation, enquiry or reference under the laws of any relevant jurisdiction having expired, lapsed or been terminated;

(c) all authorisations, orders, recognitions, grants, consents, licences, confirmations, clearances, certificates, exemptions, permissions and approvals (''Authorisations'') necessary or reasonably considered appropriate for or in respect of the Offer or the proposed acquisition of all or any FIH Shares or other securities in, or control of, FIH by Staunton having been obtained on terms and in a form reasonably satisfactory to Staunton from all appropriate Third Parties, or from any persons or bodies with whom any member of the Wider FIH Group has entered into contractual arrangements or business relationships, and such Authorisations, remaining in full force and effect at the time at which the Offer becomes otherwise unconditional and there being no indication of any firm intention to revoke, withdraw, suspend, restrict, withhold or modify or not to grant or renew any of the same;

(d) all necessary filings or applications having been made in connection with the Offer, and all applicable waiting periods and other time periods (including extensions thereof) in respect of the Offer or its implementation under any applicable legislation or regulations in any jurisdiction having expired, lapsed or been terminated (as appropriate) and all statutory or regulatory obligations in any jurisdiction having been complied with in connection with the Offer or the acquisition by Staunton of any shares or other securities in, or control or management of, FIH or any member of the Wider FIH Group;

No transactions, claims or changes in the conduct of the business of FIH

(e) save as Disclosed, there being no provision of any agreement, authorisation, arrangement, lease, licence, permit or other instrument to which any member of the Wider FIH Group is a party or by or to which any such member or any of its assets may be bound, entitled or subject, which in consequence of the Offer or the proposed acquisition by Staunton of any shares or other securities in FIH or because of a change in the control or management of FIH or any member of the Wider FIH Group, would or might reasonably be expected to result in (in each case to an extent which is material in the context of the FIH Group taken as a whole):

(i) any monies borrowed by or any other indebtedness (actual or contingent) of, or grant available to, any member of the Wider FIH Group, being or becoming repayable or being capable of being declared repayable immediately or prior to their or its stated maturity date or repayment date or the ability of any such member to borrow monies or incur any indebtedness being withdrawn, prohibited or inhibited or becoming capable of being withdrawn, prohibited or inhibited;

(ii) any such agreement, authorisation, arrangement, licence, permit or other instrument or the rights, liabilities, obligations or interests of any member of the Wider FIH Group thereunder being terminated or adversely modified or affected or any obligation or liability arising or any adverse action being taken or arising thereunder;

(iii) any assets or interests of any member of the Wider FIH Group being or falling to be disposed of or charged or ceasing to be available to any such member or any right arising under which any such asset or interest could be required to be disposed of or charged otherwise than, in any such case, in the ordinary course of business;

(iv) the creation or enforcement of any mortgage, charge or other security interest over the whole or any part of the business, property or assets of any member of the Wider FIH Group, or any such mortgage, charge or other security interest (whenever arising or having arisen) becoming enforceable or being enforced;

(v) the rights, liabilities, obligations or interests of any member of the Wider FIH Group in, or the business of any such member with, any person, company, firm or body (or any agreements relating to any such interest or business) being terminated, or adversely modified or adversely affected;

(vi) the value of any member of the Wider FIH Group or its financial or trading position or profits or prospects being prejudiced or adversely affected; or

(vii) the creation or assumption of any liability, actual or contingent, by any member of the Wider FIH Group,

and no event having occurred which, under any provision of any agreement, authorisation, arrangement, lease, licence, permit or other instrument to which any member of the Wider FIH Group is a party or by or to which any such member or any of its assets are bound, entitled or subject, would be reasonably likely to result in any of the events referred to in subparagraphs (i) to (vii) of this paragraph (e), in each case, to an extent which is material in the context of the FIH Group taken as a whole;

(f) save as Disclosed, no member of the Wider FIH Group having, since 31 March 2016:

(i) save as between FIH and wholly-owned subsidiaries of FIH, or for FIH Shares issued pursuant to the exercise of options granted under the Share Plans issued or agreed to issue or authorised or proposed or announced its intention to authorise or propose the issue of additional shares of any class or securities convertible into or exchangeable for shares of any class or rights, warrants or options to subscribe for, or acquire, any such shares or convertible securities;

(ii) save for FIH Shares held in treasury and sold or transferred pursuant to the exercise of options granted under the Share Plans) sold or transferred or agreed to sell or transfer any FIH Shares held in treasury;

(iii) recommended, declared, paid or made or proposed to recommend, declare, pay or make any bonus issue, dividend or other distribution whether payable in cash or otherwise other than dividends (or other distributions whether payable in cash or otherwise) lawfully paid or made by any wholly-owned subsidiary of FIH to FIH or any of its wholly-owned subsidiaries;

(iv) other than pursuant to the Offer or as agreed by Staunton (and save for transactions between FIH and its wholly-owned subsidiaries or in the ordinary course of business) implemented, effected, authorised or proposed or announced its intention to implement, effect, authorise or propose any merger, partnership, joint venture, asset or profit sharing arrangement, partnership demerger, reconstruction, amalgamation, scheme, commitment or acquisition or disposal of assets or shares or loan capital (or the equivalent thereof) in any undertaking or undertakings in any such case (in each case to an extent which is material in the context of the FIH Group or in the context of the Offer);

(v) (save for transactions between FIH and its wholly-owned subsidiaries or in the ordinary course of business) disposed of, or transferred, mortgaged or created any security interest over any asset or any right, title or interest in any asset or authorised, proposed or announced any intention to do so;

(vi) (save as between FIH and its wholly-owned subsidiaries) made or authorised or proposed or announced an intention to propose any change in its loan capital;

(vii) (save as between FIH and its wholly-owned subsidiaries) issued, authorised, or proposed or announced an intention to authorise or propose, the issue of or made any change in or to the terms of any debenture or become subject to any contingent liability or incurred or increased any indebtedness other than in the ordinary course of business (in each case to an extent which is material in the context of the FIH Group taken as a whole or in the context of the Offer);

(viii) (save as between FIH and its wholly-owned subsidiaries) purchased, redeemed or repaid, or announced any proposal to purchase, redeem or repay, any of its own shares or other securities or reduced or made any other change to or proposed the reduction or other change to any part of its share capital;

(ix) entered into or varied or terminated or authorised, proposed or announced its intention to enter into or vary any contract, arrangement, agreement, transaction or commitment (whether in respect of capital expenditure or otherwise) which is not in the ordinary course of business or is of a long term, onerous or unusual nature or magnitude or which involves or which might be reasonably expected to involve an obligation of such a nature or magnitude or which is restrictive on the business of any member of the Wider FIH Group;

(x) entered into or varied the terms of, or made any offer (which remains open for acceptance) to enter into or vary the terms of, any contract, service agreement or arrangement with any director or senior executive of any member of the Wider FIH Group;

(xi) proposed, agreed to provide or modified the terms of any share option scheme, incentive scheme or other benefit relating to the employment or termination of employment of any person employed in the Wider FIH Group;

(xii) save in relation to changes made or agreed as a result of, or arising from, changes to legislation, made or agreed or consented to any significant change to the terms of the trust deeds and rules constituting the pension scheme(s) established for its directors, employees or their dependants or to the benefits which accrue, or to the pensions which are payable, thereunder, or to the basis on which qualification for, or accrual or entitlement to, such benefits or pensions are calculated or determined or to the basis upon which the liabilities (including pensions) of such pension schemes are funded or made, or agreed or consented to, any change to the trustees, including the appointment of a trust corporation;

(xiii) been unable, or admitted in writing that it is unable, to pay its debts or having stopped or suspended (or threatened to stop or suspend) payment of its debts generally or ceased or threatened to cease to carry on all or a substantial part of its business;

(xiv) (other than in respect of a member of the Wider FIH Group which is dormant and was solvent at the relevant time) taken or proposed any corporate action, or had any legal proceedings threatened or instituted against it for its winding-up (voluntarily or otherwise), dissolution or reorganisation or for the appointment of a liquidator, provisional liquidator, receiver, administrative receiver, administrator, trustee or similar officer of all or any part of its assets or revenues or any analogous or equivalent steps or proceedings in any relevant jurisdiction having been taken or had any such person appointed;

(xv) waived, compromised, settled, abandoned or admitted any dispute, claim or counterclaim whether made or potential and whether by or against any member of the Wider FIH Group (in each case otherwise than in the ordinary course of business and to an extent which is material in the context of the FIH Group taken as a whole or in the context of the Offer);

(xvi) made any alteration to its memorandum or articles of association or other constitutional documents;

(xvii) entered into any contract, agreement, commitment or arrangement or passed any resolution or made any offer (which remains open for acceptance) with respect to or announced any intention to, or to propose to, effect any of the transactions, matters or events referred to in this Condition (f), in each case, to the extent material in the context of the Offer or in the context of the FIH Group taken as a whole;

(g) save as Disclosed, since 31 March 2016:

(i) no adverse change having occurred, and no circumstances having arisen which would or might reasonably be expected to result in any adverse change in the business, assets, financial or trading position or profits or prospects of any member of the Wider FIH Group including the termination of any material customer contract or notice of termination from any material customer (in each case to an extent which is material in the context of the FIH Group taken as a whole or in the context of the Offer);

(ii) no litigation, arbitration proceedings, prosecution or other legal proceedings or investigations having been threatened in writing, announced, instituted or remaining outstanding by, against or in respect of any member of the Wider FIH Group or to which any member of the Wider FIH Group is or may become a party (whether as a claimant, defendant or otherwise) and no enquiry or investigation by any Third Party against or in respect of any member of the Wider FIH Group having been commenced, announced or threatened in writing by or against or remaining outstanding in respect of any member of the Wider FIH Group (in each case, to an extent which is material in the context of FIH Group taken as a whole or in the context of the Offer);

(iii) no contingent or other liability having arisen or become apparent to Staunton which would or might reasonably be expected to adversely affect any member of the Wider FIH Group and which is material in the context of the FIH Group taken as a whole or in the context of the Offer; or

(iv) no steps having been taken and no omissions having been made which are likely to result in the withdrawal, cancellation, termination or modification of any licence held by any member of the Wider FIH Group, which is necessary or reasonably appropriate for the proper carrying on of its business and the withdrawal, cancellation, termination or modification of which is likely to adversely affect and which is material in the context of the FIH Group taken as a whole or in the context of the Offer;

(h) save as Disclosed, Staunton not having discovered:

(i) that any financial, business or other information concerning the Wider FIH Group publicly announced or disclosed at any time by or on behalf of any member of the Wider FIH Group to Staunton, is misleading, contains a misrepresentation of any fact or omits to state a fact necessary to make that information not misleading and which was not subsequently corrected before the date of this Announcement by disclosure by, or on behalf of, the Wider FIH Group through the publication of an announcement via a Regulatory Information Service (in each case to an extent which is material in the context of the FIH Group taken as a whole or in the context of the Offer);

(ii) that any member of the Wider FIH Group or any partnership, company or other entity in which any member of the Wider FIH Group has a significant economic interest and which is not a subsidiary undertaking of FIH, is subject to any liability, contingent or otherwise (in each case to the extent material in the context of the FIH Group taken as a whole or in the context of the Offer);

(iii) that there is or is likely to be any liability (whether actual or contingent) on the part of any member of the Wider FIH Group to make good, repair, reinstate or clean up any property of any description or other asset now or previously owned, occupied or made use of by any past or present member of the Wider FIH Group, under any environmental legislation, regulation, notice, circular or order of any Third Party (in each case to an extent which is material in the context of the FIH Group taken as a whole or in the context of the Offer).

Anti-corruption and sanctions

(i) save as Disclosed, Staunton not having discovered:

(i) any past or present member of the Wider FIH Group or any person that performs or has performed services for or on behalf of any such company is or has at any time engaged in any activity, practice or conduct (or omitted to take any action) in contravention of the Bribery Act 2010, the US Foreign Corrupt Practices Act of 1977, as amended or any other applicable anti-corruption or bribery legislation; and

(ii) any past or present member of the Wider FIH Group has engaged in any activity or business with, or made any investments in, or made any payments to any government, entity or individual covered by any of the economic sanctions administered by the United Nations or the European Union (or any of their respective member states) or the United States Office of Foreign Assets Control or any other governmental or supranational body or authority in any jurisdiction; and




(j) except as Disclosed, Staunton not having discovered that any asset of any member of the Wider FIH Group constitutes criminal property as defined by section 340(3) of the Proceeds of Crime Act 2002 (but disregarding paragraph (b) of that definition).

PART B: Further terms of the Offer

a) The Offer will lapse, and will not proceed, if there is a Phase 2 CMA reference or if Phase 2 European Commission proceedings are initiated or if, following a referral of the Offer by the European Commission under Article 9(1) of the European Council Merger Regulation to a competent authority in the United Kingdom, there is a Phase 2 CMA reference, in any such case before 3.00p.m. (London time) on the First Closing Date or the time and date at which the Offer becomes, or is declared, unconditional as to acceptances (whichever is the later).

b) If the Offer lapses, it will cease to be capable of further acceptance. FIH Shareholders who have already accepted the Offer shall then cease to be bound by acceptances delivered on or before the date on which the Offer lapses.

c) The Offer will be governed by English law and be subject to the exclusive jurisdiction of the English courts, to the Conditions set out above and the further terms set out herein and in the Offer Document and Form of Acceptance. The Offer will be subject to applicable requirements of the Financial Conduct Authority, FSMA, the Takeover Code, the Panel, the London Stock Exchange and the AIM Rules.

d) The Conditions are inserted for the benefit of Staunton and no FIH Shareholder shall be entitled to waive any of the Conditions without the prior written consent of Staunton.

e) FIH Shares will be acquired by Staunton pursuant to the Offer fully paid and free from all liens, charges, encumbrances, equitable interests, pre-emption rights and other interests and rights of whatsoever nature and together with all rights now or hereafter attaching thereto, including the right to receive and retain in full all dividends and other distributions (if any) declared, paid or made after the date of this Announcement.

f) In deciding whether or not to accept the Offer in respect of their FIH Shares, FIH Shareholders should rely on the information contained in, and follow the procedures described in, the Offer Document and (if they hold their FIH Shares in certificated form) the Form of Acceptance which will be posted to FIH Shareholders in due course (other than to any FIH Shareholders with addresses in any Restricted Jurisdiction).

g) Except to the extent provided in this Announcement, Staunton will have the right to reduce the consideration payable to FIH Shareholders under the terms of the Offer by the amount of any dividend (or other distribution) payable by FIH to FIH Shareholders.

h) Subject to the requirements of the Panel, Staunton reserves the right to waive, in whole or in part, all or any of Conditions (b) to (j) (inclusive) of Part A above. Each of Conditions (b) to (j) of Part A shall be regarded as a separate condition and shall not be limited by reference to any other condition.

i) Except with the consent of the Panel, the Offer will lapse unless all of the Conditions are fulfilled or (if capable of waiver) waived or, where appropriate, have been determined by Staunton to be or to remain satisfied no later than midnight on the twenty first day after the later of the First Closing Date of the Offer and the date on which the Offer becomes or is declared unconditional as to acceptances, or such later date as the Panel may agree.

j) Staunton shall be under no obligation to waive (if capable of waiver) or treat as fulfilled any of Conditions (b) to (j) (inclusive) of Part A by a date earlier than the latest date specified above for the fulfilment thereof, notwithstanding that the other Conditions of the Offer may at such earlier date have been fulfilled and that there are, at such earlier date, no circumstances indicating that any of such Conditions may be incapable of fulfilment.

k) If Staunton is required by the Panel to make an offer for FIH Shares under the provisions of Rule 9 of the Takeover Code, Staunton may make such alterations to the above Conditions of the Offer, including condition (a), as are necessary to comply with the provisions of that Rule.

l) Staunton reserves the right, with the consent of the Independent FIH Directors, to elect to implement the Acquisition by way of a scheme of arrangement pursuant to Part 26 of the Companies Act 2006. In such event, the scheme of arrangement will be implemented on the same terms (subject to appropriate amendments), so far as applicable, as those which apply to the Offer. In particular, condition (a) would not apply and the scheme of arrangement would become effective and binding following:

i) approval of the scheme of arrangement at a meeting convened by the Court by a majority in number, representing 75 per cent. or more in value, present and voting, either in person or by proxy, of FIH Shareholders (or the relevant class or classes thereof);

ii) the resolution(s) required to approve and implement the scheme of arrangement being passed by the requisite majority of FIH Shareholders at an extraordinary general meeting of FIH validly convened for such purpose; and

iii) sanction of the scheme of arrangement and confirmation of any reduction of FIH's share capital involved therein by the Court (in both cases, with or without modifications, on terms reasonably acceptable to Staunton) and office copies of the orders of the Court sanctioning the scheme of arrangement and confirming the reduction of share capital being delivered for registration to the Registrar of Companies in England and Wales and being registered by him.

m) Under Rule 13.5 of the Takeover Code, except with the Panel's consent, Staunton may not invoke any of the above Conditions so as to cause the Offer not to proceed, to lapse or to be withdrawn unless the circumstances which give rise to the right to invoke the relevant condition are of material significance to Staunton in the context of the Offer. Condition (a) of Part A and condition (a) of this Part B are not subject to this provision of the Takeover Code.

n) The availability of the Offer to persons not resident in the United Kingdom may be affected by the laws of the jurisdictions in which such persons are resident. Persons who are not resident in the United Kingdom should inform themselves about and observe any applicable requirements.

o) The Offer will not be made, directly or indirectly, in or into, or by use of the mails of, or by any means or instrumentality (including, without limitation, facsimile transmission, telex, telephone, internet or email) of interstate or foreign commerce of, or of any facility of a national securities exchange of, any Restricted Jurisdiction and the Offer will not be capable of acceptance by any such use, means, instrumentality or facility or from within any Restricted Jurisdiction.






APPENDIX II

SOURCES OF INFORMATION AND BASES OF CALCULATION



In this Announcement, unless otherwise stated, or the context otherwise requires, the following bases and sources have been used:

(a) the financial information relating to FIH has been extracted or derived, without material adjustment, from FIH's audited consolidated financial statements for the year ended 31 March 2016 and FIH's unaudited interim results of the six months ended 30 September 2016 as announced on 17 November 2016;

(b) the value attributed to the existing issued share capital of FIH is based upon 12,431,623 FIH Shares being in issue as at 9 February 2017 (being the last Business Day prior to the date of this Announcement);

(c) all information relating to Staunton has been provided by persons duly authorised by the Staunton Directors and all information relating to the FIH Group has been provided by persons duly authorised by the Independent FIH Directors;

(d) The Closing Price are closing middle market quotations derived from the AIM Appendix of the Daily Official List for the particular date(s) concerned;

(e) the International Securities Identification Number for the FIH Shares is GB00BD0CWJ91; and

(f) the maximum cash consideration payable under the Acquisition is based on 12,431,623 FIH Shares in issue as at 9 February 2017 (being the last Business Day prior to the date of this Announcement).




APPENDIX III

DETAILS OF IRREVOCABLE UNDERTAKINGS



The Independent FIH Directors have given irrevocable undertakings to accept or procure acceptance of the Offer in respect of their beneficial holdings of issued FIH Shares as set out below:

Name of FIH Director


Number of FIH Shares in respect of which undertaking is given


Percentage of FIH issued share capital

John Foster


78,127


0.63

Jeremy Brade


15,010


0.12









Total


93,137


0.75

These irrevocable undertakings will remain binding in the event of a competing offer being made unless the Offer Document is not published within 28 days of the date of this Announcement or the Offer lapses or is otherwise withdrawn.




APPENDIX IV

DEFINITIONS



The following definitions apply throughout this Announcement, unless the context requires otherwise:

"Acceptance Condition"


the Condition as to acceptances set out in paragraph (a) of Part A of Appendix I to this Announcement;

"Acquisition"


the proposed acquisition by Staunton of the whole of the issued and to be issued share capital of FIH by means of the Offer;

"AIM"


the AIM Market of the London Stock Exchange;

"AIM Rules"


the AIM Rules for Companies as published by the London Stock Exchange (as amended from time to time);

"Announcement"


this announcement of the Offer made in accordance with Rule 2.7 of the Takeover Code;

"Appendices"


the appendices to this Announcement;

"Blackfish Capital"


Blackfish Capital Alpha Fund SPC, which holds approximately 22.7 per cent. of the issued share capital of Company;

"Business Day"


a day (other than a Saturday, Sunday or UK public holiday) on which clearing banks in the City of London are open for the transaction of general commercial business;

"Closing Price"


the closing middle market price of an FIH Share on a particular trading day as derived from the Daily Official List;

"Companies Act 2006"


the Companies Act 2006 (as amended from time to time);

"Conditions"


the conditions to the Offer which will be set out in the Offer Document, and which are also set out in Appendix I to this Announcement;

"CREST"


the relevant system (as defined in the Regulations) in respect of which Euroclear is the Operator (as defined in the Regulations);

"Daily Official List"


the AIM Appendix of the Daily Official List published by the London Stock Exchange;

"Dealing Disclosure"


has the same meaning as in Rule 8 of the Takeover Code;

"Disclosed"


the information which has been fairly disclosed (i) by FIH in its published annual report and accounts for the year ended 31 March 2016; (ii) in any public announcement made via a Regulatory Information Service before the date of the Offer Document; or (iii) in writing to Staunton (in sufficient detail to allow Staunton to identify the nature and scope of the relevant fact, matter or circumstance) on or before 5 p.m. on the Business Day prior to the date of this Announcement;

"ESOP"


the 'Falkland Islands Holdings Plc 2009 Executive Share Option Scheme' as adopted by the FIH Board on 6 April 2009 and Part A approved by HM Revenue & Customs under Schedule 4 to the Income Tax (Earnings and Pensions) Act 2003 under reference number X104385 on 6 April 2009;

"Euroclear"


Euroclear UK & Ireland Limited;

"FIH" or the "Company"


FIH Group plc, a public company incorporated in England and Wales with registered number 03416346, and whose registered office is at Kenburgh Court, 133-137 South Street, Bishop's Stortford, Hertfordshire, CM23 3HX;

"FIH Directors" or "FIH Board"


the board of directors of FIH;

"FIH Group"


FIH and its subsidiary undertakings from time to time, and member of the FIH Group shall be construed accordingly;

"FIH Shareholders"


registered holders of FIH Shares from time to time;

"FIH Shares"


the ordinary shares of 10p each in the capital of FIH;

"Financial Conduct Authority" or "FCA"


the Financial Conduct Authority in its capacity as the competent authority for the purposes of Part VI of FSMA, including its successor(s) from time to time;

"First Closing Date"


the date which falls 21 days after the posting of the Offer Document;

"Form of Acceptance"


the form of acceptance and authority relating to the Offer which (in the case of FIH Shareholders who hold their FIH Shares in certificated form) will accompany the Offer Document;

"FSMA"


the Financial Services and Markets Act 2000 (as amended from time to time);

"Independent FIH Directors"


the FIH Directors not connected with Staunton, namely John Foster and Jeremy Brade;

"London Stock Exchange"


London Stock Exchange plc together with any successors thereto;

"LTIP"


the long term incentive plan governed by the 'Rules of the Falkland Islands Holdings Plc Annual Bonus and Long Term Incentive Plan' as adopted by the FIH Board on 8 September 2015;

"MAR"


means EU Market Abuse Regulation (596/2014);

"Offer"


the recommended offer being made by Staunton at the Offer Price, to acquire the entire issued and to be issued share capital of the Company on the terms and subject to the Conditions which will be set out in the Offer Document and (where applicable) the Form of Acceptance and including, where the context so requires, any subsequent revision, variation, extension or renewal of, or election available under, such offer;

"Offer Document"


the formal document setting out the full terms and conditions of the Offer to be posted to FIH Shareholders (other than certain Overseas FIH Shareholders);

"Offer Period"


the offer period (as defined in the Takeover Code) relating to FIH which commenced on today's date and shall end on the earlier of the date on which the Offer becomes or is declared unconditional as to acceptances and/or the date on which the Offer lapses or is withdrawn (or such other date as the Panel may decide);

"Offer Price"


the consideration for the Offer, being 300 pence in cash for each FIH Share;

"Opening Position Disclosure"


has the same meaning as in Rule 8 of the Takeover Code;

"Overseas FIH Shareholders"


FIH Shareholders who are resident in, or nationals or citizens of, jurisdictions outside the UK or who are nominees of, or custodians, or trustees for, FIH Shareholders who are citizens, residents or nationals of countries other than the UK;

"Panel"


the Panel on Takeovers and Mergers;

"Phase 2 CMA Reference"


a reference of an offer to the chair of the Competition and Markets Authority for the constitution of a group under Schedule 4 of the Enterprise and Regulatory Reform Act 2013;

"Registrars"


Capital Asset Services, the registrars of FIH;

"Regulations"


the Uncertificated Securities Regulations 2001 (SI 2001 No. 3755) (as amended from time to time);

"Regulatory Information Service"


any information service authorised from time to time by the FCA for the purpose of disseminating regulatory announcements;

"Restricted Jurisdiction"


any jurisdiction where local laws or regulations may result in a significant risk of civil, regulatory or criminal exposure if information concerning the Offer is sent or made available in that jurisdiction, including the United States, Canada, Australia, Japan, or the Republic of South Africa ;

"Rowland Family"


The family of David Rowland.

"Share Plans"


the following share plans operated by FIH:

· LTIP;

· ESOP; and

· SIP;

"Shore Capital"


Shore Capital and Corporate Limited, the financial adviser to Staunton;

"SIP"


the share incentive plan governed by the 'Trust Deed and Rules of The Falkland Islands Holdings Plc Share Incentive Plan' dated 2 October 2012;

"Staunton"


Staunton Holdings Limited, a company incorporated and registered in Guernsey, Channel Islands with registered number 62562;

"Staunton Directors"


the board of directors of Staunton;

"Staunton Group"


Staunton and its direct and indirect subsidiaries or subsidiary undertakings from time to time;

"Takeover Code"


The City Code on Takeovers and Mergers issued by the Panel;

"The Rowland Purpose Trust 2001"


A Jersey trust established for the benefit of the Rowland Family.

"United Kingdom" or "UK"


United Kingdom of Great Britain and Northern Ireland;

"United States", "USA" or "US"


The United States of America, the territories and possessions, any state of the United States of America, the District of Columbia and all areas subject to its jurisdiction or any political subdivision thereof;

"US Dollars" or "$"


US dollars, the currency of the United States;

"WH Ireland"


WH Ireland Limited, the financial adviser to the Company; and

"Wider FIH Group"


FIH and its subsidiaries, subsidiary undertakings, any joint venture, partnership, firm or company in which any member of the FIH Group has a significant interest or any undertaking in which FIH and such member or undertakings (aggregating their interests) have a significant interest).

In this Announcement:

• all references to "pounds", "£", "penny" "pence" or "p" are to the lawful currency of the United Kingdom;

• the singular shall include the plural and vice versa, and words importing the masculine gender shall include the feminine or neutral gender;

• all references to legislation are to English legislation unless the contrary is indicated, and any reference to any provision of any legislation includes any amendment, modification, re-enactment or extension thereof; and

• all times referred to are London time unless otherwise stated.



END

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

END

[Andrija]

Wer ist noch investiert?

Der ARGOSfonds kauft zu. Erstaunlich.

PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

Rule 8.3 of the Takeover Code (the “Code”)

1. KEY INFORMATION

(a) Full name of discloser: Argos Funds – Argonaut Fund
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):
The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:
Use a separate form for each offeror/offeree
FIH Group Plc
(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A
(e) Date position held/dealing undertaken:
For an opening position disclosure, state the latest practicable date prior to the disclosure
10 February 2017
(f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
If it is a cash offer or possible cash offer, state “N/A”
No
2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

Class of relevant security: Ordinary shares

Interests Short positions
Number % Number %
(1) Relevant securities owned and/or controlled: 704,736 5.67 0 0
(2) Cash-settled derivatives:
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:
TOTAL:
704,736 5.67 0 0
All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors’ and other employee options)

Class of relevant security in relation to which subscription right exists: N/A
Details, including nature of the rights concerned and relevant percentages:
3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

The currency of all prices and other monetary amounts should be stated.

(a) Purchases and sales

Class of relevant security Purchase/sale Number of securities Price per unit
(b) Cash-settled derivative transactions

Class of relevant security Product description
e.g. CFD
Nature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short position
Number of reference securities Price per unit
(c) Stock-settled derivative transactions (including options)

(i) Writing, selling, purchasing or varying

Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
e.g. American, European etc.
Expiry date Option money paid/ received per unit
(ii) Exercise

Class of relevant security Product description
e.g. call option
Exercising/ exercised against Number of securities Exercise price per unit
(d) Other dealings (including subscribing for new securities)

Class of relevant security Nature of dealing
e.g. subscription, conversion
Details Price per unit (if applicable)
4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”
N/A
(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”
N/A
(c) Attachments

Is a Supplemental Form 8 (Open Positions) attached? NO
Date of disclosure: 13.02.2017
Contact name: M. Tang
Telephone number: [phone]
Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on [phone].

The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

Short Name: Argos Funds
Category Code: RET
Sequence Number: 577570
Time of Receipt (offset from UTC): 20170215T075935+0000

[Andrija]

Offenbar trauen die Rowlands den anderen Aktionären noch eine Ablehnung des Angebots zu oder befürchten gar einen weißen Ritter? Vielleicht gibt es ja doch noch ein klitzekleines bißchen Hoffnung

FIH Group PLC (FIH) Insider Edmund Rowland Acquires 253,119 Shares
February 20th, 2017 - By Scott Moore - 0 comments
FIH Group PLC logoFIH Group PLC (LON:FIH) insider Edmund Rowland purchased 253,119 shares of the company’s stock in a transaction on Thursday, February 16th. The shares were bought at an average cost of GBX 300 ($3.75) per share, with a total value of £759,357 ($948,959.01).

FIH Group PLC (LON:FIH) opened at 300.20 on Monday. FIH Group PLC has a 52-week low of GBX 176.60 and a 52-week high of GBX 305.00. The stock’s market cap is GBX 37.24 million. The firm’s 50-day moving average price is GBX 246.12 and its 200 day moving average price is GBX 221.93.

This report was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this report on another website, it was illegally stolen and reposted in violation of US & international trademark and copyright law. The original version of this report can be read at https://www.thecerbatgem.com/2017/02/20/fih-group-plc-fih-in…
https://www.thecerbatgem.com/2017/02/20/fih-group-plc-fih-in…" target="_blank" rel="nofollow ugc noopener">
https://www.thecerbatgem.com/2017/02/20/fih-group-plc-fih-in…

[Andrija]

Heute eine halbe Million Stücke in London zu 305 umgesetzt. Das entspricht rd. 4% der Aktien. Muss sich ja um eine abgesprochene Order handeln. Ich hoffe, dass Edmund die nicht gekauft hat, befürchte es aber. Wird ja bald eine Pflichtmitteilung dazu kommen.

War er es nicht, dürfte sich ein weißer Ritter positionieren.

[Andrija]

http://www.fihplc.com/investor-information/regulatory-news.p…

Die FIH-Seite hält uns zumindest keine Infos vor (oder mir weil ja offenbar keiner weiter investiert ist:keks.

Sehr interessant, der ARGOS Funds hat die 9%-Schwelle überschritten. Denke, an denen kommen die Rowlands nicht ohne weiteres vorbei.

[Asari]

Antwort auf Beitrag Nr.: 54.447.609 von Andrija am 02.03.17 11:30:30

Bin von Anfang an mit dabei..... also Du schreibst nicht für Dich allein...

[Andrija]

Antwort auf Beitrag Nr.: 54.460.464 von Asari am 03.03.17 17:50:45

Danke, wenn man nur Selbstgespräche führt wird man ja leider auch senil.

[Fuchs_I]

Hallo Andrija,
bin mehr oder weniger zufällig auf diese Seite gestoßen, nachdem ich gestern von meinem Broker schriftlich über das Übernahmeangebot informiert wurde. Die FIHs liegen schon "ewig" in meinem Depot, habe aber lange Zeit kaum noch verfolgt, was drum herum geschehen ist.

Sollte ich jetzt das komplette Angebot studieren oder lässt sich kurz und bündig sagen, ob man es annehmen sollte? Insbesondere: Was wäre die Alternative und mit welchem evtl. Risiko?

Für einen kurzen Hinweis wäre ich sehr dankbar - anscheinend muss ich mich innerhalb von 5 Tagen entscheiden.

Vielen Dank + einen netten Abend!
Fuchs

[Andrija]

Antwort auf Beitrag Nr.: 54.485.859 von Fuchs_I am 07.03.17 19:15:03

Hallo Fuchs,

habe das Angebot heute auch in der Post gehabt und muss mich bis zum 10.03. 10.00 Uhr entscheiden. Ich staune, dass Du länger Zeit hast? Alles sehr kurzfristig.

Zu Deinen Fragen

1. Du solltest das Angebot nicht annehmen. Macht ja keinen Sinn für 300 Pence zu verkaufen wenn in London 312 gezahlt werden. Also wenn Du raus willst, nicht Deine Aktien den Rowlands in den Rachen werfen sondern in London verkaufen!

2. Du kannst noch "zocken". Nach meiner Kenntnis ist zumindest für AIM-Aktien (oder generell für an der LSE notierte Paipiere) eine Quote von mind. 90% für eine vollständige Übernahme nötig. Die wird nach den letzten Meldungen nicht erreicht. Zumindest der ARGOSfonds hat annähernd 10% und sie kaufen über 300 Pence. Ich denke Edmond muss nachlegen lassen.

3. Bei 75% besteht die Gefahr des Delistigs. Wirst zwar nicht enteignet, aber faktisch kannst Du nur außerbörslich verkaufen. Ggf nur an die Rowlands. Das ist das höchste Risiko. Ich gehe davon aus, dass die aber nach einer Schamfrist einen weiteren Ankaufversuch starten werden.

4. Was mache ich? Ich habe derart viele FIH-Aktien in meinem Depot, dass ich das Delistingrisiko nicht tragen kann. Ich habe mich börslich von 30% meiner Aktien getrennt. Das Restrisiko bleibt eigentlich aber noch zu hoch.

5. Mir fällt es richtig schwer von den Falklands endgültig Abscheid zu nehmen..und dann noch so. War mal eine große Hoffnung, die bitter entäuscht wurde. Auch frage ich mich, wieso übernimmt der Spross einer steinreichen Familie für 2 Jahre (sicher nicht mit viel Engagement aber immerhin) den Posten des CEO von einer 50 Mio. Bude? Die haben Kohle wie Heu. Die bewerten die Falklands wie wir das früher auch getan haben, als eine Jahrhundertchance. Wird das eine Ölprovinz lässt sich Eddy zum König der Malediven krönen. Mit ein paar Reststücken sind wir mit Argos zumindest als Hofnarren dabei.

Vielleicht konnte ich Dir ja bei Deiner Entscheidung helfen.

Grüße Andrija

[Andrija]

Antwort auf Beitrag Nr.: 54.487.305 von Andrija am 07.03.17 22:19:44

Meine natürlich die Malvinas und nicht die Malediven. War wohl schon etwas spät

[Fuchs_I]

Hey Andrija,

der SBroker schreibt mir:

"Wir bitten Sie, uns [...] spätestens bis zum 13.03.2017, 12:00 Uhr (bei uns eintreffend) mitzuteilen, ob Sie an obigem Angebot interessiert sind.
[...]
Die Direktoren empfehlen das Angebot anzunehmen (nicht von allen Quellen bestätigt)." ;-)


Vielen Dank für Deine Darstellung der Situation!!! Ich werde noch mal 2 Nächte "drüber schlafen", bevor ich evtl. etwas unternehme.

Laut Update vom 6. März scheinen die von Dir genannten 75 % bzw 90 % aber längst nicht erreicht zu sein:

"Edmund Rowland is interested in 3,068,299 shares in the Company, through his relationship with both Staunton Holdings Limited and Blackfish Capital Management, representing approximately 24.68 per cent of the issued share capital of the Company."

Oder habe ich da etwas übersehen?

Beste Grüße
Fuchs

[Andrija]

Antwort auf Beitrag Nr.: 54.493.314 von Fuchs_I am 08.03.17 15:33:57

"Oder habe ich da etwas übersehen?"

Die Frage wird sein wie viel er angedient bekommt und ob einige Käufer Strohmänner sind.

Dann wird noch eine Rolle spielen, ob sich nach Ablauf des Angebots der Kurs bei über 300 hält. Sicher wird er als CEO dafür sorgen, FIH so uninteressant wie möglich erscheinen zu lassen. Eine Dividende wird es bis zur (fast) vollständigen Übernahme garantiert nicht geben.

[keith]

http://www.londonstockexchange.com/exchange/news/market-news…

[Andrija]

Antwort auf Beitrag Nr.: 54.539.546 von keith am 15.03.17 12:16:31

Na bitte, geht doch. Der weiße Ritter ist da.

Ich freue mich vor allem, dass jemand den Rowlands so richtig vors Schienbein tritt.

[Andrija]

Generell ein hervorragender Schachzug so zu agieren und das Management von FIH anzuschreiben. Edmondo wird kotzen,muss aber als CEO für das Unternehmen und die Aktionäre das bestmögliche Ergebnis rausholen. Sonst wäre er sicher auch nach englischem Recht wegen Pflichtverletzung dran. Faktisch kann denen gar nichts anderes übrig bleiben als das Angebot zu begrüßen.

Dolphin gewinnt immer. Entweder ihnen gelingt die Übernahme, was eher unwahrscheinlich ist und vermutlich wollen sie das auch gar nicht, oder sie lassen sich Ihren Aktienbestand deutlich höher versilbern und unseren gleich mit. Die Rowlands werden zwangsläufig nachlegen müssen.

Gleichzeitig werden Foster und Brade, sicher auch der alte David Hudd, klammleich abfeiern, dass sie ihre Aktien nicht mehr billig andienen müssen und ein Stück weit aus der Speichelleckernummer rauskommen.

[Andrija]

So, die Angsthasen und unbedarften Aktionäre sind raus. Wenn ich es richtig verstehe, haben die Rowlands mit ihrem Angebot 11% hinter dem Ofen vorgelockt. Dazu stehen die "unabhängigen Direktoren" hinter ihnen und sind bereits eingerechnet. Ziemlich dünn. Da wird auch ein verlängertes Angebot nichts bringen die 50% zu schaffen.
http://www.lse.co.uk/share-regulatory-news.asp?shareprice=FI…

Fragt sich was dann werden soll? Ein Delisting geht dann glaube ich nicht. Ein SQ sowieso nicht. Also nur die Hoffnung noch ein paar Idioten mehr zu finden die unter dem Marktpreis verkaufen . Würde mal sagen die Übernahme ist gescheitert.


Staunton Extends FIH Offer, Lowers Threshold To Fend Off Rival Bid (ALLISS)
Fri, 17th Mar 2017 09:47

LONDON (Alliance News) - Staunton Holdings Ltd on Friday said it has extended its takeover offer for FIH Group PLC and lowered the amount of support it needs from shareholders after a rival bidder emerged seemingly willing to pay a "significant premium" to Staunton's offer.


FIH Group confirmed Wednesday it is has been approached by one of its shareholders over the possibility of making an offer for the company, to compete with the existing bid from Staunton.

Dolphin Fund Ltd is the rival bidder that has asked for more information on FIH before pricing its offer, only committing to paying much more than Staunton's offer of 300.0 pence per FIH share, itself priced at a 27% premium. Dolphin Fund already owns a 2.5% stake in FIH.

FIH directors agreed to the GBP37.3 million takeover offer from Staunton in February. Staunton owns a 25% stake in FIH alongside its associate Blackfish. FIH, formerly called Falkland Islands Holdings, owns the Portsmouth Harbour Ferry Co and art transport and storage service Momart.

FIH said on Thursday that it has sought these details from Dolphin ahead of making any formal response; however as no such clarifications have been forthcoming, no formal response has yet been made.

On Friday, Staunton issued its response to Dolphin Fund and also said it has extended its offer and lowered the threshold of support needed, meaning the deadline has been pushed back to April 5 while approval from over 50% of FIH shareholders is now being sought, rather than the previous 90%.

As of Thursday, Staunton said it has received acceptances for its offer from FIH shareholders that collectively hold a 36.07% stake.

Staunton said it "confirms that it has not entered, and does not wish to enter, into any dialogue with Dolphin in relation to a possible offer."

"Staunton also reminds FIH shareholders that Staunton's offer is recommended and is at 300.0 pence per FIH share which is a premium of approximately 27.39% to the closing price of 235.5 pence on February 9, 2017, being the day prior to the beginning of the offer period," said Staunton.

FIH shares were down 0.8% at 325.00 pence per share on Friday.

http://www.lse.co.uk/AllNews.asp?code=ix9csbh9&headline=Stau…

und

FIH Seeks Clarifications From Potential Rival Bidder Dolphin Fund
Thu, 16th Mar 2017 13:33

LONDON (Alliance News) - The independent directors of FIH Group PLC on Thursday said that on Wednesday they sought clarification from Dolphin Fund Ltd's financial adviser, Arden Partners PLC, on details of Dolphin and its intentions for the business.


This came after Dolphin Fund, a 2.5% shareholder in FIH, contacted the company for information on FIH as it is evaluating making a rival cash offer at a "significant premium" to the 300.00 pence bid FIH received from Staunton Holdings Ltd.

Shares in FIH were down 2.3% at 325.00p Thursday afternoon.

FIH directors agreed to the GBP37.3 million takeover offer from Staunton in February. FIH, formerly called Falkland Islands Holdings, owns the Portsmouth Harbour Ferry Co and art transport and storage service Momart.

FIH said on Thursday that it has sought these details from Dolphin ahead of making any formal response, however as no such clarifications have been forthcoming, no formal response has yet been made.

http://www.lse.co.uk/AllNews.asp?code=kjfr1u0t&headline=FIH_…

[Andrija]

Außerdem wird das ganze offenbar noch richtig politisch:

http://www.pressreader.com/uk/london-evening-standard-west-e…

Kann man es sich leisten, dass eine Firma, denen quasi ein Großteil der Falklands gehört bzw. die das Wirtschaftsleben dominiert in argentinische Hand fällt? Habe mich sowieso schon immer gefragt warum bei den Peanuts die Argentinier das Island und die Ölexplorer nicht einfach kaufen? Sollte das Geld nicht reichen einfach mal wieder ein paar Anleihen in Deutschland platzieren und nur an Klagewütige auch zurückzahlen.


Eduardo Elsztain
From Wikipedia, the free encyclopedia

Eduardo Sergio Elsztain (born January 26, 1960)[1] is a prominent Argentine businessman who is his country's largest real-estate developer.[2] According to the Jerusalem Post, Elstzain “stands atop Argentina’s largest business empire, the country’s leader in real estate and agriculture, which he built with his own two hands.”[3] According to one Israeli news source, he is considered the wealthiest Jew in South America.[4]

He is the chairman of Inversiones y Representaciones S.A. (IRSA), Argentina´s largest real estate company, which is listed on the New York Stock Exchange; of Cresud Cresud Inc.), a leading agri-business company that operates in Argentina, Bolivia, Paraguay, and Uruguay and is listed on the NASDAQ; of BrasilAgro (Companhia Brasileira de Propriedades Agrícolas), which is also on the NYSE; and of the public–private partnership Banco Hipotecario, Argentina's leading mortgage bank[5] in which Elsztain is the largest private shareholder.[6]

Through IRSA, Elsztain runs most of the shopping malls in Argentina, including the country's largest mall, the Alto Palermo in Buenos Aires. In addition, he and the Argentine government jointly own Banco Hipotecario.[7]

[Andrija]

Antwort auf Beitrag Nr.: 54.568.296 von Andrija am 20.03.17 08:03:19

http://en.mercopress.com/2017/03/18/falklands-law-compliance…

Die Inselregierung holzt schon.

Nett auch die Kommentare weiter unten

[Andrija]

Antwort auf Beitrag Nr.: 54.568.431 von Andrija am 20.03.17 08:25:10

Die Rowlands versuchen es mit allen Mitteln.

20 March 2017

FIH Group plc

("FIH", "the Company" or "the Group")

Further Update re Dolphin Fund Limited

The Independent Directors of FIH (being John Foster and Jeremy Brade, who are independent to the bid from Staunton Holdings Limited) (the "Independent Directors") note the recent unsolicited approach by Dolphin Fund Limited ("Dolphin") and its beneficial owner Mr Eduardo Elsztain, an Argentinian citizen, and have considered Dolphin's request for access to information on FIH.

Having taken appropriate soundings and duly reflected on the approach, and noted reports that the approach is causing consternation in the Falkland Islands, the Independent Directors believe that the prospect of Argentinian-related control of the Falkland Islands Company ("FIC"), a subsidiary of FIH which has operations based solely in the Falkland Islands, seriously threatens to undermine the FIC business and the interests of its employees.

The Independent Directors also note that the Falkland Islands Government ("FIG") has the power to grant or withhold licences to own assets and land in the Islands, including the licences that FIC currently holds. FIG has stated that it is closely monitoring the situation and will scrutinise any proposed change of ownership for compliance with Falkland Islands Law.

Accordingly, the Independent Directors regard the Dolphin approach as unwelcome and posing a real hazard to FIH. They are not required to provide Dolphin with information on FIH and are not prepared to enter into discussions with Dolphin. They oppose the approach as unwelcome, as in their view it is entirely incapable of serving the best interests of FIC, FIH and its shareholders.

The Independent Directors take responsibility for the content of this announcement.

This announcement is made without the agreement or approval of Dolphin.

[Fuchs_I]

Antwort auf Beitrag Nr.: 54.578.289 von Andrija am 21.03.17 12:07:29

"Die Rowlands versuchen es mit allen Mitteln."

Da muss man wohl befürchten, dass sie sich durchsetzen - wenn die Inselregierung das Ganze aus politischen Gründen so sieht wie sie und sie von ihr "Rückendeckung" bekommen.

Der Kurs hat sich ja nach einem kurzen, kleinen Hype auch schon wieder "angepasst" ...

[Andrija]

Antwort auf Beitrag Nr.: 54.580.407 von Fuchs_I am 21.03.17 15:50:49

Verkaufen erscheint mir dennoch nicht sinnvoll. Wie wollen die Rowlands ohne ein höheres Angebot über 50% kommen? Der Versuch der Verlängerung wird nichts bringen. Ich habe es so verstanden, dass die Rowlands aktuell nichts über 300 Pence kaufen können. Danach werden Sie wohl für die 50% den Kurs hochkaufen müssen. Wäre schön, wenn der Dolphinfund die Preise mit treibt.

[Andrija]

Antwort auf Beitrag Nr.: 54.581.457 von Andrija am 21.03.17 17:20:24

...offenbar hat man auch erkannt, dass weitere "Überzeugungsarbeit" notwendig ist:

FIH Group Appoints Strand Hanson As Joint Financial Adviser
Tue, 21st Mar 2017 12:48

LONDON (Alliance News) - FIH Group PLC on Tuesday said it has appointed Strand Hanson Ltd as its joint financial adviser.

Strand will work with WH Ireland, its existing adviser and the rest of FIH's advisory team to address its recommended 300.0 pence offer from Staunton Holdings Ltd and "unsolicited and unwelcome approach" from Dolphin Fund Ltd.

Ich gebe einen aus wenn jemand "unsere" unabhängigen Direktoren wegen Bestechung und Amtsmissbrauch verklagt. Unfassbar was da läuft.

[Andrija]

http://www.lse.co.uk/AllNews.asp?code=9dtnf6d3&headline=Dolp…

Dolphin Fund Dismisses Falkland Fears In Possible FIH Takeover Bid
Thu, 23rd Mar 2017 09:20

LONDON (Alliance News) - Dolphin Fund Ltd said Thursday it still wishes to enter talks with FIH Group PLC over making a competing takeover offer for the company, despite an initial rejection.


Dolphin Fund, which holds a 2.5% stake in FIH, said last week it is considering making a takeover offer at a "significant premium" to a previously agreed 300 pence per share takeover deal with Staunton Holdings Ltd. FIH's independent directors subsequently called the approach "unwelcome" and a "hazard" to the company, noting Dolphin Fund is owned by an Argentinian citizen and claiming this may undermine its business in the Falkland Islands.

On Thursday, Dolphin said it reiterates its desire for a "constructive dialogue" with FIH and noted it has been a shareholder in the company for almost a decade with no concerns expressed over its involvement.

"Dolphin's intentions regarding FIH and its businesses are purely commercial and Dolphin has no intention to disrupt the status quo in the Falkland Islands," added the fund. Dolphin also said it intends to maintain "a British management" in FIH should it make a takeover offer.

Dolphin Fund also noted what it called a "very low level" of shareholder acceptances for the Staunton offer. On Friday, Staunton said it has received acceptances from its offer in respect to 36% of FIH shares, but this includes a 25% stake it already holds in the company.

"Dolphin urges FIH shareholders not to take any action with regard to the offer by Staunton for the time being while Dolphin seeks further information from FIH and assesses the level at which it is prepared to make an offer for the company," said Dolphin Fund.

Shares in FIH were up 1.9% at 314.80 pence Thursday morning.

By Adam Clark; [e-mail]

Keine Sorge ich halte meine Aktien weiter

[Andrija]

Antwort auf Beitrag Nr.: 54.596.793 von Andrija am 23.03.17 12:39:55

Noch ausführlicher:

http://uk.advfn.com/stock-market/london/fih-group-FIH/share-…

23/03/2017 9:00am
UK Regulatory (RNS & others)

Fih Group (LSE:FIH)
Intraday Stock Chart
Today : Thursday 23 March 2017

Click Here for more Fih Group Charts.
TIDMFIH

RNS Number : 3005A

Dolphin Fund Ltd.

23 March 2017

23 March 2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO, OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION.

THIS IS AN ANNOUNCEMENT FALLING UNDER RULE 2.4 OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE") AND DOES NOT CONSTITUTE AN ANNOUNCEMENT OF A FIRM INTENTION TO MAKE AN OFFER UNDER RULE 2.7 OF THE CODE. THERE CAN BE NO CERTAINTY THAT ANY FIRM OFFER WILL BE MADE.

Dolphin Fund Ltd ("Dolphin" or the "Company")

Possible offer for FIH Group plc ("FIH")

Dolphin notes the recent announcements by Staunton Holdings Limited ("Staunton") and the independent directors of FIH ("Independent Directors"). Dolphin notes the very low level of FIH shareholder acceptances of the offer by Staunton, save for that received from its associated shareholder, Blackfish Capital Alpha Fund SPC ("Blackfish").

Dolphin reiterates its desire to enter into a constructive dialogue with FIH with a view to making an offer at a significant premium to the current offer by Staunton of 300 pence in due course depending on the outcome of those discussions.

Dolphin's constructive approach is not new to FIH. The Company has been a shareholder of FIH for almost a decade, which has been publicly disclosed both to the London Stock Exchange and in FIH Annual Reports. Senior executives of both companies have been in communication during this period, discussing business developments of FIH. FIH has never expressed any concern regarding Dolphin's involvement in FIH and Dolphin's support of FIH has been constant throughout this period despite FIH's poor share performance.

For this reason, reading the Independent Directors' unfortunate response, which states that Dolphin's request for information "seriously threatens to undermine the Falkland Islands Company business and the interests of its employees", not only comes as a surprise to Dolphin but also appears to be an attempt by the Independent Directors (Messrs. John Foster and Jeremy Blade) to avoid their fiduciary duty to act in the best interests of FIH and its shareholders as a whole. (Na, da scheint ja schon der Hinweis auf eine Klagedrohung durch!) The very poor level of FIH shareholder acceptances of Staunton's offer it is a clear indication of the lack of shareholder enthusiasm for this offer.

Dolphin has sought information from FIH under Rule 21.3 of the City Code on Takeovers and Mergers (the "Code") to help with its evaluation of the FIH businesses. However the Independent Directors of FIH have stated that they are not required to provide this information for technical reasons under the Code. Furthermore FIH's advisers informed Dolphin's advisers that no information has been passed to Staunton or its associates (Blackfish, Mr Edmund Rowland and Albany Treasury Limited etc.). The Independent Directors have also made certain assumptions relating to FIC and Dolphin's intentions, which are based on conjecture. Dolphin can only assume that these scaremongering statements are intended to prevent a higher offer being put before FIH shareholders. (Auf diese Punkte werden die die wohl bei einer Klage festnageln, ggf wird damit sogar eine Rückabwicklung der Andienung von Aktien an Staunton möglich?! Dass Rowland keine weiteren Informationen braucht wenn sein Sohn CEO ist, ist eh klar.)

Dolphin's intentions regarding FIH and its businesses are purely commercial and Dolphin has no intention to disrupt the status quo in the Falkland Islands. Dolphin and its affiliates (the "Group") have decades of successful expertise in the real estate, hospitality, retail, agriculture, tourism and transportation sectors, which experience Dolphin believes will help FIH's businesses. Furthermore, the Group owns businesses in a wide variety of countries including Argentina, Brazil, the USA, Israel, India and the UK, being a worldwide enterprise with significant resources and commercial experience. Dolphin is committed to building mutual trust with the Falkland Islands Government and its local population by expanding FIH's existing enterprises on the islands, creating new jobs, attracting new capital and further investment into the Falkland Islands economy, while complying with all relevant regulation and building a long-term relationship with the local community. Dolphin intends to maintain a British management in FIH, should an offer be made by Dolphin.

Dolphin urges FIH shareholders not to take any action with regard to the offer by Staunton for the time being while Dolphin seeks further information from FIH and assesses the level at which it is prepared to make an offer for the Company. It also would point out to accepting FIH shareholders that once the 42(nd) day of the Staunton offer period has expired, being 6 April 2017, they can withdraw those acceptances.

Further announcements will be made, as appropriate.

ENQUIRIES:


Consultores VC Uruguay Tel: + 598 2518 2218
(investment manager for
Dolphin Fund Limited)
Olga Stirling


Arden Partners plc Tel: + 44 (0) 20 7614
(Financial adviser to 5900
Dolphin)
Chris Hardie
Ciaran Walsh

[Andrija]

http://ican.tddirectinvesting.co.uk/alliance-news/dolphin-fu…

Dolphin Fund Considering Offer For FIH At 11% Premium To Staunton’s
LONDON (Alliance News) – Dolphin Fund Ltd on Friday said it is considering making an offer for FIH Group PLC at 333.3 pence, ahead of the 300.0p offer from Staunton Holdings Ltd, after Staunton said it would not be increasing its offer Thursday.

Shares in FIH closed down 0.8% at 300.00p Friday.

Staunton, which holds a 25% stake in FIH Group, said Thursday it will not be increasing its offer, despite threats from Dolphin that it is willing to pay a “significant premium”. Dolphin has not made a formal offer despite indicating its interest, but FIH called the approach by Dolphin Fund “unwelcome” and a “hazard” to the company, noting Dolphin Fund is owned by an Argentinian citizen and claiming this may undermine its business in the Falkland Islands.

Argentina claims the Falkland Islands, which are a British Overseas Territory over which the UK fought a war in 1982.

Dolphin said late Friday that it “continues to believe” that Staunton’s offer “undervalues” the company, and reiterated its point that FIH’s share price has, on average, traded above 300 pence since the announcement of the offer.

Dolphin said it has continued to consider “how best to put a possible offer to shareholders of FIH”.

“The Independent Directors’ refusal to provide any information to Dolphin about FIH clearly puts Dolphin at a disadvantage to Staunton, by virtue of its association with the chairman of FIH, Edmund Rowland,” Dolphin said.

It said that “nevertheless”, it is “considering making an offer at 333.3p per ordinary share in cash”. This puts its offer at an 11% premium to Staunton’s.

“If FIH announces, declares or pays any dividend or any other distribution to shareholders, Dolphin reserves the right to make an equivalent reduction in any offer price,” Dolphin said.

Dolphin added that it “remains determined to pursue its plans and to this end has sought to open dialogue with the Independent Directors to discuss its plans.”

It urged FIH shareholders not to take any action in regards to Staunton’s offer, which will remain open until next Wednesday afternoon, for the time being.

Tja, etwas halbgar. Warum lässt man die Aktionäre in Unsicherheit, falls doch noch jemand auf die blöde Idee kommt das Rowlandangebot anzunehmen? Verlieren kann man nichts wenn man 333 Pence anbietet. Dass FIH deutlich mehr wert ist, sollte jedem klar sein. Im Zweifelsfall erhöhen die Rowlands und der eigene Antei ist auch mehr wert.

Ich habe jedenfalls in London Teile meiner verkauften Positionen wieder aufgestockt. 303 Pence ist dann doch ein vernachlässigbares Premium zu den sicher auch in einer dritten Verlängerung noch gebotenen 300 Pence der Rowlands.

Inzwischen sind auch die Insulaner nicht untätig. Für FIH wird das auch zu einem zukünftigen Wachstum beitragen:
http://us8.campaign-archive2.com/?u=2abe0425e0c8db5d48bd90c9…

FALKLAND ISLANDS GOVERNMENT
PRESS STATEMENT
31st March 2017
Executive Council approves commencement of work on plans for a new Port

[Andrija]

Mir ist absolut unklar, warum der Kurs immer noch um 305 rumdümpelt.

Inzwischen kauft sich eine Schweizer Holding offenbar massiv ein und hält inzwischen über 5%:

http://www.janser-holding.ch/GESCHAeFTSFUeHRUNG.htm

Nichtsdestotrotz wehren sich unsere "Independent directors" mit allen Mitteln gegen Dolphin. Das wird nichts helfen. Auch wenn angeblich unabhängige Banken das "faire" Angebot untersucht haben, wird diese miese Masche Edmund morgen nicht wesentlich mehr Aktien bringen. Eine Riesensauerei ist, dass die offenbar mit "unserem Firmengeld" eine Analyse in Edmunds Sinn gefahren haben, anstatt eine Dividende zu zahlen.

Wenn Edmund nicht durchkommt und die anderen Aktionäre tun sich auf der HV zusammen, jagt man diese Bande hoffentlich zum Teufel und stellt Regressforderungen.
http://en.mercopress.com/2017/04/04/fih-independent-director…" target="_blank" rel="nofollow ugc noopener">
http://en.mercopress.com/2017/04/04/fih-independent-director…

FIH independent directors still view Dolphin takeover approach as “unwelcome”
Tuesday, April 4th 2017 - 10:10

FIH Group PLC said on Monday it still views a potential takeover approach from Dolphin Fund Ltd as “unwelcome” and recommends an existing bid from Staunton Holdings Ltd.

FIH's independent directors said they continue to see an engagement with Dolphin as “inappropriate and damaging”, due to the fund's ownership by an Argentine citizen and the possibility of undermining its business in the Falkland Islands. As such, they refuse to provide Dolphin with information on FIH.

Argentina claims the Falkland Islands, which are a British Overseas Territory over which the two countries fought a war in 1982. FIH, formerly called Falkland Islands Holdings, owns the Falkland Islands Co, Portsmouth Harbour Ferry Co and art transport and storage service Momart.

FIH said it continues to recommend Staunton's 300.0 pence a share bid for the company, despite Dolphin's indications it is considering making an offer for the company at 333.3p a share. Dolphin is yet to make a formal takeover approach for FIH.

Shares in FIH were up 0.2% at 303.00p Monday afternoon.

Follows the response to Dolphin Fund Limited’s update on its possible offer for FIH

”Referring to the announcement of an „update on possible offer for FIH” released by Dolphin Fund Limited („Dolphin„) at 5.43 p.m. on 31 March 2017, the Independent Directors of FIH, John Foster and Jeremy Brade (the „Independent Directors”), wish to clarify their position regarding Dolphin’s unwelcome approach and remind shareholders of Staunton Holdings Limited’s („Staunton„) recommended offer which is open for acceptance until 1.00 p.m. on 5 April 2017.

“Dolphin’s possible offer

”Dolphin has on two previous occasions announced that it is considering making a „possible offer for FIH„. In this regard the Independent Directors have made Dolphin via its advisers aware of the following concerns regarding its approach:

”Given recent history and the sensitivities surrounding the Falkland Islands, there is real and understandable concern in Stanley about any Argentine backed attempt to own assets or to exercise control over businesses in the Islands. The fact that The Falkland Islands Company („FIC„) is an iconic institution, and has been part of the cultural fabric of the Islands for over 165 years, has only heightened the concerns of politicians and local people;

”the Falkland Islands Government („FIG„) has the power to grant or withhold licenses to own assets and land in the Islands. FIG has stated that it is closely monitoring the situation and will scrutinize any proposed change of ownership for compliance with Falkland Islands Law.

“Furthermore the Independent Directors believe that, notwithstanding its statement of well-intentioned aims, Dolphin not having engaged with the people and Government of the Falkland Islands to secure local support for its future plans, and not having demonstrated unequivocally that its approach would not be detrimental to the value of FIC, it would be inappropriate and damaging to FIH to engage with Dolphin.

”Accordingly, as Dolphin’s approach is seen to pose a hazard to FIH, the Independent Directors will not (and are not required to) provide Dolphin with information on FIH and are not prepared to enter into discussions with Dolphin.

“The statements made by Dolphin do not constitute an offer in contrast to the firm cash offer of 300 pence per share made by Staunton, which has been recommended unanimously by the Independent Directors. This recommendation of 10 February 2017 was made after due reflection and after taking detailed advice from professional advisers. The recommendation has since been continually reviewed, including by a second independent investment bank, and the Independent Directors confirm the recommendation and their view that the offer represents fair and appropriate value for FIH Shares and provides a genuine opportunity for FIH Shareholders to monetize their investment”.

[Andrija]

Die Übernahme ist wie erwartet gescheitert.

http://www.fihplc.com/download/staunton/2017-04-06/Staunton%…

Nur 37,1% bekommen. Ich verstehe es aber so, dass die Andienenden jetzt ihre Aktien behalten "dürfen/müssen".

[Fuchs_I]

Antwort auf Beitrag Nr.: 54.689.819 von Andrija am 06.04.17 14:51:08

http://www.londonstockexchange.com/exchange/news/alliance-ne…

"As such, the offer has lapsed Thursday."

Sehe ich auch so @Andrija, wenn mich mein Englisch nicht im Stich lässt : Das Angebot ist erloschen.

Also alles auf Null und abwarten, was weiter passiert und ob überhaupt was passiert, oder???

Gruß
Fuchs

[Andrija]

Antwort auf Beitrag Nr.: 54.698.312 von Fuchs_I am 07.04.17 16:35:06

...also was passieren muss, ist dass die ganze Führungsmannschaft abtritt. Wenn man Zweidrittel der Aktionäre gegen sich hat, müsste das eigentlich freiwillig geschehen. Allerings dürften diese inzwischen alle willige Rowlandgefolgsleute sein. Der sieht die Falklandchance genau wie wir und kann warten. Ich und sicher auch die Rowlands glauben sicher daran, dass die ganze Falklandbesitzungen in 20 Jahren unabhängig vom Öl ein Vielfaches des jetzigen Preises wert sein werden. Fragt sich nur, ob man es sich leisten will einen Filius dort die ganze Zeit bis man die Mehrheit hat den CEO mimen zu lassen. Vermute allerdings der ist sonst auch nirgendwo besonders sinnvoll einsetzbar.

Was in jedem Fall noch kommen muss, ist ein Statement des Dolphin Funds. Bin gespannt, ob die aufstockenn und aus dem voraussichtlichen 333 Penceangebot eine echtes machen.

Wie es aber auch kommt. Ich bin froh, dass die Risiken eines Delistings offenbar abgeräumt sind und die Rowlands zurechtgestutzt wurden.

[Andrija]

http://www.morningstar.co.uk/uk/news/AN_1491818458539500700/…

https://uk.advfn.com/stock-market/london/fih-group-FIH/share…

Die ziehen wirklich alle Register um ihre Buddys für den Rowlanddeal einzuspannen. Dann soll dieser McMoneysack doch einen fairen Preis bieten. Wenn Dolphin gekauft und mehr bezahlt hat, ist es den Altaktionären doch wurscht ob die Inselregierung vermeintliche Sonderrechte aufhebt. Eduardo Elsztain hat vermutlich genug Kohle um sich den Spaß zu gönnen, während die Rowlands sich das ebenfalls locker leisten könnten aber nichts besser zu tun haben als andere abzuzocken.

[Andrija]

http://www.telegraph.co.uk/business/2017/04/10/falklands-isl…

[Andrija]

Falklands: Dolphin Fund desists from taking over FIH Group, at this time
Friday, April 14th 2017 - 18:33 UTC

Dolphin Fund Ltd said late Thursday that it has decided not to make an offer for FIH Group PLC at this time, following a letter from the Falkland Islands Government warning FIH about its status should it undertake a change of ownership.

On Monday, FIH said it had received a letter from the Falkland Islands government that states the company could lose the status that allows FIH to acquire land without obtaining a licence should the ownership of the business change.

The letter arrived after the takeover bid made by Staunton Holdings Ltd that FIH had recommended to its shareholders fell through last week. Staunton had failed to reach its lowered threshold for acceptances.

Staunton is an existing shareholder of FIH and, as well as FIH's largest shareholder Blackfish Capital Alpha Fund SPC, is connected to FIH Chairman Edmund Rowland.

Although Staunton's offer lapsed, Dolphin Fund had indicated its interest in making a bid at an 11% premium to the one made by Staunton, which would be in the range of 333.3 pence per FIH share. But FIH had objected to this potential offer.

FIH's objection to any possible bid from Dolphin - described as “inappropriate and damaging” by the London-listed firm - is based on concerns that, because Dolphin Fund is owned by an Argentine citizen, any sale could mean its business is undermined in the Falkland Islands.

Argentina claims the Falkland Islands, which are a British Overseas Territory over which the two countries fought a war in 1982, following the Argentine military invasion of the Islands. FIH, formerly called Falkland Islands Holdings, owns the Falkland Islands Co, Portsmouth Harbour Ferry Co, and art transport and storage service Momart.

Dolphin said on Thursday it was conscious of the need to create a constructive dialogue with FIH and had sought to get an extension to the deadline to present its formal offer under UK takeover code, or to make an offer “conditional on having received the necessary licences and/or permits to hold assets in the Islands” it said, “with the purpose of not damaging the company's interest if Dolphin's offer was accepted by FIH's current shareholders”.

However, the takeover panel confirmed that no extension was possible without the consent of FIH.

“Dolphin remains convinced of the value within FIH as a long term shareholder, and of the fact that the lapsed Offer of 300p from Staunton Holdings Ltd did not reflect this value”, it said. Additionally, Dolphin said it reserves the right to acquire further shares in the market within the rules of UK takeover code.

As it has decided not to pursue an offer at this time, under UK takeover code it will be precluded from making an offer for 6 months unless a firm intention to make an offer is announced by a third party, or if the UK takeover panel has decided a “material change has occurred”.

http://en.mercopress.com/2017/04/14/falklands-dolphin-fund-d…
http://www.lse.co.uk/regulatory-news-article.asp?ArticleCode…
http://www.morningstar.co.uk/uk/news/AN_1492106639005387600/…

[Andrija]

http://www.fihplc.com/download/2017-04-20/Pre-close%20Tradin…

[Andrija]

https://www.bloomberg.com/news/articles/2017-04-27/elsztain-…

... Elsztain said he will be “active in the future” in FIH Group Plc, a major landowner in the Falkland Islands in which he has a minority stake. The Argentine businessman decided to cancel a bid for control of FIH in March after the local government intervened to warn Elsztain it could effectively strip the company of its land and trading rights if he gains control.

No Conflict

His approach came after FIH said it had agreed to the terms of a separate offer from Staunton Holdings Ltd.

“We invested in that company 10 years ago as it has value in terms of fishing, oil, land and tourism,” Elsztain said in the interview. “The offer was too low and we said we are ready to improve it because this company is worth much more.”

British control of the Falkland Islands is disputed by Argentina, which refers to them as Las Malvinas. A takeover of one of the territory’s biggest landowners would test U.K. Prime Minister Theresa May’s stance on foreign buyouts and prove politically controversial.

“We think this is a good investment,” Elsztain said. “It’s a company that is very dynamic and in the long run there is no government that will think there is sense to having a military conflict between Argentina and the U.K.”

[Andrija]

Wer hätte gedacht, dass wir die Rowlands so leicht loswerden; zumindest unseren Größten aller großen Vorsitzenden.

Ein Übergangs CEO.. mal sehen was auf der HV am 31.08. passiert. Vielleicht bringt ja der neue Kurs auch wieder eine Dividende.

...und wer ist der neue Großaktionär (The Article 6 Marital Trust). Was hat er den Rowlands für ihr Paket bezahlen müssen bzw. stecken die noch da mit drin?

Fragen über Fragen. Dabei bleiben ist keinesfalls verkehrt.

http://www.fihplc.com/download/FIH%20group%20Overview%20Spri…

[Andrija]

Antwort auf Beitrag Nr.: 55.029.486 von Andrija am 27.05.17 23:27:19

Etwas mehr Klarheit über den neuen Ankeraktionär. Hört sich auch gut für künftige Dividendenzahlungen an.

On business: South Carolina firm is now a heavy hitter in the Falkland Islands

By John McDermott [e-mail] Jun 4, 2017 Updated Jun 4, 2017 Falkland Islands

South Carolina-based InterTech Group owns about 29 percent of the stock of FIH Group, which runs a host of service businesses on the Falkland Islands. AP/File

The short war between Britain and Argentina over control of the Falkland Islands came to an end on June 14, 1982.

As that 35th anniversary approaches, a more recent conflict caused tensions to flare between the two nations. This time, the battle was all about a business.


The latest skirmish centered on the ownership of FIH Group plc, an obscure publicly traded company that has one foot planted in the South Atlantic archipelago, the other in Europe.

When the dust settled a few weeks ago, one of South Carolina’s largest privately held companies emerged as the majority shareholder.

The roughly $12 million investment capped a fast-moving sequence of events that included an unsolicited buyout proposal from a Buenos Aires billionaire that nearly triggered an international incident.

The InterTech Group Inc.'s unlikely journey from its global headquarters near Park Circle to one of the world's tiniest economies began when it added FIH Group to its stock portfolio years ago.

The North Charleston company's other publicly disclosed investments tend to be more pedestrian, from apartment complexes in the Columbia suburbs to ice rinks in Canada to natural gas distributors in Kentucky and New York.

FIH Group, which went by Falkland Islands Holdings until last year, adds an exotic if not quirky edge to that collection of assets. A British financial columnist in 2015 compared the business to the pushmi-pullyu, the fictional dual-headed beast from "Dr. Doolittle."

"It's kind of a neat company," said Robert Johnston, chief strategy officer at InterTech. "It's like a mini-conglomerate."

It's also steeped in history, much like Hudson's Bay Co., the 347-year-old Canadian retailing icon that InterTech briefly owned, from 2006 to 2008.

FIH Group hasn't been around quite that long. It originated as the Falkland Islands Co. in 1852, courtesy of a royal charter, to establish a strategic shipping and agriculture outpost for the British Empire. By then Britain already had asserted its rule over the chain, though Argentina also maintains a claim to the territories.

The company plugged along quietly for much of the next century. In the early 1960s, it was listed on the London Stock Exchange. After being bought and sold twice, it was spun off and became an independent publicly traded business again in 1997.

InterTech began acquiring the stock through a trust controlled by its owners, the Zucker family. It liked the clean balance sheet and the dividend FIH Group was returning to shareholders, according to Johnston.

"It's been years since we took the first investment. ... We've held it ever since," he said.

London-based FIH Group has diversified beyond its rugged old stomping grounds in the last decade or so. For instance, it bought a ferry business that serves Portsmouth Harbour on the south coast of England. In 2008, it acquired Momart, which stores and transports pricey art exhibits and antiques for customers that have included Christie’s auction house and Kensington Palace, according to reports.

"It's an interesting and competitive business in Europe," Johnston said.

Back in the Falklands, FIH Group remains a big fish in that small and remote pond. It owns prime swaths of real estate, operates car dealerships and other retailers, and services the fleet of squid boats that ply the local fishing waters.

The low-key company was thrust into the spotlight earlier this year, after a major shareholder from the U.K. offered to take it private. That drew the interest of billionaire Argentine property magnate Eduardo Elsztain, who said he was considering his own bid.

It quickly became apparent that relations between the two nations over the disputed Falklands remain frosty.

FIH Group called Elsztain's proposal "unwelcome" and a "real hazard” to its operations and employees. The governing body of the islands also pushed back, threatening to strip the 165-year-old company of its valuable land and shipping rights if the wealthy Argentinian investor gained control of it.

According to reports, a threat to Britain's rule over the Falklands could require Prime Minister Theresa May to step into the fray.

"If Elsztain makes a formal offer, it will test the Prime Minister’s pledge to block foreign takeovers not in the national interest," the London Evening Standard wrote in March.

It never reached that point. Elsztain abandoned his idea without making a formal offer.

Shareholders, meanwhile, had rejected the original bid from the U.K investor, who, in turn, offered to sell all of his stock to InterTech in late April. The North Charleston company took the deal. It now owns about 29 percent of FIH Group, giving it a big say in how the business is run.

Management sounded relieved, telling investors in early May that InterTech is a "long-term shareholder" and that it "has provided certain assurances to the board as to its intentions."

"In particular, it has stated its support for the long-term growth of the business and its subsidiaries, as a London quoted company," FIH Group said in a statement.

The Falklands play includes what Johnston called "a lottery ticket" that could pay off if oil-drilling recovers in that part of the Atlantic or if Argentina eases local airspace restrictions, allowing more tourists to fly to the islands.

"That would be very good for the economy of the Falklands," he said last week.

Otherwise, InterTech still likes FIH Group's businesses and plans to stick with its buy-and-hold strategy — as long as it makes sense to do so.

"It's a perfect fit for us, but, like anything, never say never," Johnston said.

Contact John McDermott at 843-937-5572 or follow him on Twitter at @byjohnmcdermott

http://www.postandcourier.com/business/on-business-south-car…

[Andrija]

Mäßige Geschäftsergebnisse und Wiederaufnahme der Dividendenzahlungen

http://www.fihplc.com/download/2017-06/Final%20Results%20for…

http://www.fihplc.com/download/2017-06/Shareholder%20present…

Group Financial Highlights
 Group revenue increased 3.8% to £40.5 million (2016: £39.0 million)
 Underlying pre-tax profits at £2.4 million (2016: £3.1 million)
 Reported diluted earnings per share at 11.5 pence (2016: 17.9 pence)
 EPS on underlying profits : 15.3 pence ( 2016:19.2 pence)
 Cash balances increased to £15.1 million (2016: £14.0 million)
 Bank borrowings of £3.8 million (2016: £3.3 million)
 Net assets per share 320p (2016 310p)
 The Board is recommending a final dividend of 4 pence per share for the year ended 31 March 2017

In der Folienpräsentation schreiben Sie: "3x covered dividend to be maintained". Bedeutet vermutlich, dass sie nur 1/3 ausschütten und weiterhin 1/3 ausschütten werden?

[keith]

http://www.londonstockexchange.com/exchange/news/market-news…

[keith]

Antwort auf Beitrag Nr.: 55.137.503 von keith am 14.06.17 12:46:22

Da war jemand schneller...

[Andrija]

Die eigentlich für gestern angekündigten Jahresabschlusszahlen sind da:

http://www.fihplc.com/download/2017-08/224339%20Annual%20Rep…

Zusammengefasst erwartbar schlechtere Ergebnisse in einem deutlich übersichtlicheren ansprechenderem Design. Die Ausführungen sind wie ich finde deutlich umfangreicher und es macht den Eindruck, als ist man nun wirklich an den Aktionären interessiert.


In overall terms profitability in the Group’s Falkland
operations fell back from the record levels of £1.9 million
seen in 2015-16 to a similar level to that seen in the year to
31 March 2014, (£1.0 million PBTa) when there was little oil
exploration activity in the Islands.
While oil development remains subject to continuing
uncertainty, the Falklands’ economy is expected to stabilise
around current levels sustained by the traditional areas of
squid fishing and tourism ensuring a healthy base level of
profitability is maintained at FIC.

Interessant auch der Exkurs zu den stillen Reserven die im Falle eines doch noch einsetzenden Ölbooms deutlich ansteigen dürften.

The Group owns investment properties, comprising
commercial and residential properties in the Falkland
Islands held for rental, together with approximately 400
acres of land in and around Stanley. This includes 18 acres
for industrial development and 25 acres of prime mixed-use
land. The Group owns 51 properties for rental, including 41
investment properties, which are mainly houses, in Stanley
and ten mobile homes, which are rented to staff. The
number of properties, which all are held at depreciated cost,
has increased by one compared to the prior year due to the
rental of a former FIC warehouse to a third party. The net
book value of the investment properties and undeveloped
land of £3.7 million (2016: £3.6 million) has been reviewed
by the Directors resident in the Falkland Islands and at 31
March 2017 the fair value of this property portfolio was
estimated at £7.2 million (2016: £7.0 million), an uplift of
£3.5 million on net book value. FIC’s portfolio of 700 acres
of freehold land has a net book value of £0.7 million and an
estimated current value at 31 March 2017 of £2.2 million
(2016: £2.2 million).

[Andrija]

https://www.pressreader.com/uk/daily-mail/20171122/281887298…

[Andrija]

Richtig starke Ergebnisse auch ohne Öl:

Group Financial Highlights
Record H1 revenues, profits ahead by 38%
 Record Group revenue at £20.6 million (2016: £19.8 million)
 Profit Before Tax up 38% at £1.4 million (2016: £1.0 million)
 Diluted earnings per share 8.7p (2016: 6.5p)
 Bank borrowings at 30 September 2017 £3.6 million (31 March 2017: £3.8 million)
 Cash balances up by £2.5 million at £15.0 million at 30 September 2017 (30 September 2016:
£12.5 million).

http://www.fihplc.com/download/2017-11/Interim%20Results%20f…

[Andrija]

Antwort auf Beitrag Nr.: 56.306.693 von Andrija am 29.11.17 09:21:37

...und die Dividendenpolitik knüpft nach Abgang der Rowlands offenbar nahtlos wieder da an wo sie aufgehört hat. Sogar eine Zwischendividende wird bezahlt:

Earnings per share have also moved ahead, from 6.3 pence to 8.7 pence per share, and the board is pleased to confirm the payment of an interim dividend of 1.5 pence per share which will be paid on 26 January 2018 to shareholders on the register at the close of business on 29 December 2017.

[Andrija]

Infos zum neuen Chairman:

http://www.morningstar.co.uk/uk/news/AN_1504085148040391400/…

[Andrija]

Präsentation zu den Ergebnissen für ein schnelles Daumenkino auch verfügbar (beachte Seite 11, verhaltener Ausblick für PMO den ich bisher so noch nicht gehört habe)

http://www.fihplc.com/download/2017-11/Presentation%20for%20…

[Andrija]

Oil news - plans for next Sea Lion Phase

By Peter Young

PREMIER OIL held a briefing in the Narrows Bar last Thursday to announce the plans for consultation on the Sea Lion Environmental Impact Assessment (EIA).

Representing Premier Oil, Country Manager Tim Martin introduced his team and briefed the audience on the plans for the next phase of the Sea Lion Project.

As part of the preparation for exploiting the field, Premier is required to submit an EIA to Falkland Islands Government (FIG) and seek Executive Council (Exco) approval to proceed.
The team will shortly be consulting numerous stakeholders, including bodies such as Falklands Conservation, as well as the general public in forums such as this one. It is expected that the assessment will be submitted towards the end of this calendar year.

Dr Paul Brickle and others from SAERI (South Atlantic Environmental Research Institute), will be consulting for Premier to prepare the EIA. Also engaged as a consultant on local ecology is Grant Munro.

Mr Martin said Premier was having another consultation as there had been significant changes to the project and the oil industry since the previous consultation in 2014, not least the halving of the price of crude oil. This had caused a re-examination of the economics of the whole Sea Lion project.

There would now be a phased implementation which will include:-
• 20 wells, rather than 33, are now planned;
• the productive life of the field is now reckoned to be 20, rather than 25, years;
• a Floating Production, Storage and Offloading vessel (FPSO) would be used, rather than a Tension Leg Platform (TLP); and
• the transfer of oil is now planned to be carried out in the more sheltered waters of Berkeley Sound.

Mr Martin emphasised that Premier Oil would adhere to the highest possible standards concerning Health, Safety and Environmental impact, often exceeding in-country requirements in these areas.

The choice of Berkeley Sound was made after extensive consultation with the Government and after considering over 30 possible sites around the Falklands. A detailed operational and environmental assessment showed that Berkeley Sound was the most appropriate location mainly because of ease of navigation and proximity to Stanley.

Marine Advisor George Franklin gave the audience a detailed, step-by-step, description of the process of transferring the oil from a shuttle tanker to a purchaser’s tanker. This transfer will take between 24 and 48 hours and will only take place if the weather and sea conditions are within operational limits. An inshore transfer operation will take place about every 13 days, for the first few years of production and then about every 46 days for about 10 years of production. The tanker shuttling between the Sea Lion FPSO and Berkeley Sound is classed as a ‘Suezmax’, with a capacity of 1,000,000 barrels of oil, roughly double the capacity of the FPSO.

It is planned to have qualified pilots guiding both the shuttle tanker and the receiving tanker when entering, and manoeuvring, in Berkeley Sound. A tug will also be in use to assist the receiving tanker in and out of the Sound. The tankers will moor to a large (12 metre diameter) buoy, and there will be a large exclusion zone around the buoy to prevent interference from other vessels with the transfer operation.

Mr Franklin said this type of transfer was common across the globe. He also described the actions that would be taken in the unlikely event of a spillage. He explained that the crude oil had a high wax content, and would solidify after coming into contact with the sea. For this reason, dispersants would not be used during a spillage, but booms attached to support vessels (which would always be in attendance) would collect any spillage before it reached land or dispersed further.

Premier Oil would have an internationally-recognised Tiered response through an agreed Oil Spill Contingency Plan approved by FIG.

Senior Environmental Manager, Mike Mason described the onshore impact of the Sea Lion development. It is intended to submit planning permission to use the Temporary Dock Facility, as before. Similarly, subject to planning approval, there will be lay down facilities in the Gordon Lines area which will be about three times the size of those required for the exploration rig phase last year.

There will also need to be accommodation for offshore and onshore workers, some of whom will be temporary specialists, while others will be in transit and yet others may be here for a number of years. About 30 people would be working in the Premier Oil office in Stanley.

In response to a question from the audience about the likely number of families with children possibly impacting the school system, Mr Mason replied that Premier hoped that many of the office-based team would be local people, who would already have children at school or plans would be already made for them. But, as a school governor of 17 years, he appreciated the concerns and the need for good planning in these matters.

The peak accommodation requirement would be for an estimated 270 people at a given time. This would be during the drilling and installation of offshore infrastructure, about 18 months after the project is given the go-ahead. So it is some years away.

During the steady state production phase, the maximum number of personnel requiring onshore accommodation drops to 100.

Other questions from the audience included the possible impact on whale-watching tours; the impact on other vessels using Berkeley Sound; where international response teams would be coming from; and what would be the impact of another oil price fall?

http://www.penguin-news.com/index.php/headlines/all-headline…

[Andrija]

Kleiner Hinweis. Nachdem alle Falklandaktien in den letzten Tagen massiv gestiegen sind und man annehmen kann, dass etwas passieren wird, sind nur die "Inseln" zurückgeblieben. Habe gestern nochmal testweise 500 Stück in Frankfurt genommen (habe ansonsten schon genug). Der Makler stellt sich irgendwie doof an und taxt den Briefkurs vergleichen mit London immer viel zu niedrig. Glück auf wer noch dabei sein will.

PS: ARGOS hat sich jetzt fast verdreifacht.

[Andrija]

Zeichen der Entspannung dürften nicht schädlich sein.

http://www.thebubble.com/boris-johnson-tribute-malvinas-arge…

[Andrija]

Auf der Insel tut sich offenbar was. Möglicherweise im Zuge der Umsetzung des Sea Lion-Projekts. Wenn nicht, bleibt auch so für FIH etwas hängen:

http://en.mercopress.com/2018/07/04/falklands-ambitious-capi…

[Andrija]

http://en.mercopress.com/2018/07/06/brexit-and-the-falkland-…

[Andrija]

http://en.mercopress.com/2018/07/28/premier-oil-outline-proc…

Premier Oil Outline Procurement and Infrastructure Plan in the Falkland Islands

As Mercopress have reported over recent months, Premier Oil continue to progress their Front End Engineering and Design (FEED) process for the Sea Lion oil discovery. As a next step in this process, earlier this week Premier Oil plc provided details of their intended approach to both procurement and infrastructure to support the discovery to the north of the Falkland Islands.

In a presentation to the Falkland Islands business community, they laid out an indicative procurement process and timeline. This process will include an initial expression of interest stage, likely followed by formal tendering and negotiation, leading to the award of a number of long-term contracts covering infrastructure and logistics. Eventual contract award will depend very much upon the project being sanctioned by Premier’s Board of Directors. Firming up likely costs and logistical plans is a further step towards eventually seeking such approval.

During their updates, Premier focused in on how they intend to engage with Falkland Islands registered companies. Their approach will follow the broad principles agreed with the Falkland Islands Government in a ‘Local Content’ Code of Practice. This code encourages them to actively facilitate the involvement of Falkland Islands companies but it does not specify an exact target in terms of total or percentage spend locally. Premier are free to award contracts to international companies, as they have been in recent months for design and engineering processes, but they are encouraged to look to use local companies for on-the-ground logistics and infrastructure.

Premier acknowledged during their talk that they had made mistakes during their most recent exploration work in the Falkland Islands in terms of local procurement and are looking to correct this for the Sealion development. They cited brief timelines and a lack of understanding of the Falklands business community as drivers behind mistakes made during exploration. To rectify this they are looking to allow more time for procurement processes this time around and are also breaking down major contracts into smaller segments to allow more Falkland Islands companies, who are mainly SMEs, to tender for them.

The presentation by Premier Oil on Wednesday of this week was followed up with an advert in the Islands weekly local newspaper (The Penguin News) on Friday. The advert requests expressions of interest for a range of services such as accommodation, Base services, helicopter hanger provision and other infrastructure.

From both Premier Oils and the Falkland Islands Governments perspective, this is yet only one more small step towards potential sanction of the project by both parties.

[Andrija]

Unsere Company ist offenbar schon gut dabei. Ob das vor der Küste hübsch aussieht und die Touristen erfreut ist tatsächlich eine andere Frage.

http://en.mercopress.com/2018/09/21/falklands-could-allow-fl…



Falklands could allow floating hotels for oil industry workers

An outline planning application submitted to the Falkland Islands Government, FIG, is seeking approval in principle for the siting of a floating accommodation barge in Stanley Harbor.

The application, submitted by the Falkland Islands Company, covers two different types of barge in two different sites, but the four options are mutually exclusive and, were the proposal to go ahead, only one of the options would be taken forward.

One of the barges proposed is a two-storey 108-bed facility, while the other is a six-storey facility with 667 beds.

In a press statement released on Wednesday, FIC said that it continues to explore possible options to meet respective expressions of interest for provision of accommodation recently released by FIG and Premier Oil.

“These options include land and sea based solutions and in preparation for possible future tender situations The Falkland Islands Company are in the process of submitting a number of outline planning applications to FIG,” said the statement, which went on to stress that “all of these options would not be required.”

Premier Oil, which recently invited expressions of interest for accommodation solutions, earlier this week released a statement noting that private entities are free to make planning applications in support of solutions.

The statement nonetheless emphasized that, “Premier has not endorsed any solution,” adding, “selection of the preferred solution will consider a number of factors including Health, Safety and Environmental; commercial; technical and local content - we will commence the formal tender process to select a preferred solution in due course.” (PN)

[Andrija]

https://oilprice.com/Energy/Crude-Oil/The-Oil-Industry-Needs…

[Andrija]

Alles offenbar schon ziemlich konkret:

Four FPSO planned for the Falklands by 2025, according to oil industry reports

The latest report from Global Data, FPSO Industry Outlook, suggests that a total of 74 planned and announced floating production, storage, and offloading units (FPSOs) are expected to start operations globally by 2025. Globally, South America leads with 32 planned and announced FPSO additions by 2025, including four in the Falkland Islands, followed by Africa and Europe with 17 and seven FPSOs, respectively.

Globally among countries, Brazil continues to lead with 25 planned and announced FPSOs by 2025, followed by Angola and Australia with six FPSOs each, and Nigeria with five FPSOs.

Globally, among operators, Petrobras leads with 22 planned and announced FPSOs, followed by Equinor ASA, Premier Oil Plc, and Saipem SpA with three FPSOs each by 2025.

In South America, Brazil has 25 planned and announced FPSOs, followed by the Falkland Islands and Guyana with four and three FPSOs, respectively. In the African region, 17 planned and announced FPSOs are expected to come online by 2025. Angola has the highest number of FPSOs expected to start operations in the region with six, followed by Nigeria with five.

In Europe, Norway has four FPSOs, followed by the UK with three FPSOs. In Asia, four planned and announced FPSOs are expected to start operations by 2025. India leads with two FPSOs, followed by Indonesia and China with one FPSO each.

In the Middle East region, Israel has one planned FPSO. In North America, Mexico has two announced and one planned FPSO, the US and Canada has one announced FPSO each. In Oceania, Australia is expected to witness the start of operations on five announced and a planned FPSO by 2025.

http://en.mercopress.com/2018/10/04/four-fpso-planned-for-th…

[honigbaer]

Die Halbjahreszahlen zum 30.09. sind nicht sonderlich berauschend.
Siehe hier:
http://www.morningstar.co.uk/uk/news/AN_1542712953171009600/…

Und Premier Oil, der Partner von Rockhopper bei den Ölprojekten, meldete zum Fortschritt bezüglich des Seal Lion Felds:
http://www.premier-oil.com/premieroil/media/press/trading-an…
In the Falkland Islands, the focus remains on securing funding for the Sea Lion project, ahead of a final investment decision. In parallel, Premier continues to work with its selected contractors to complete FEED and to progress from Letters of Intent to fully termed contacts, which will be executed at project sanction.

[Andrija]

Antwort auf Beitrag Nr.: 59.261.929 von honigbaer am 20.11.18 19:23:01

Finde die Zahlen jetzt nicht sooo schlecht. Die Dividende wird ja auch erhört und man verspricht sich Besserung im traditionell starken zweiten Halbjahr.

Sea Lion hingegen kommt mir ein bisschen zu kurz in dem Bericht. Sieht mit dem Ölpreis nicht mehr so gut aus. Bin leider skeptisch ob die sich positiv entscheiden.

Ansonsten ist das ja der Knaller mit der website. Da schein ja jemand einfach die website gekapert (gar gekauft?) zu haben. Man landet jetzt immer bei

5 THE SQUARE IS A LANDMARK BUILDING AT THE HEART OF STOCKLEY PARK, ONE OF EUROPE’S PREMIER BUSINESS PARKS.

Professionell ist anders.

[Andrija]

https://www.londonstockexchange.com/exchange/news/market-new…

[honigbaer]

Bei mir funktioniert
http://www.fihplc.com/investor-information/index.php
Nur ist der letzte Finanzbericht dort vom 09.07.2018 per 31. März 2018.

Woanders stand übrigens noch was von einer geplanten Hafenerneuerung auf den Falklands in zwei Jahren.

Die Zahlen sind schon OK. Der Cashbestand und die Perspektiven sind sowieso wichtiger für die Bewertung der Aktie. Dass Premier Sea Lion fast nur am Rande erwähnt, wundert mich auch, ich bin nicht so pessimistisch. Könnte natürlich verschoben werden, bis man bessere Finanzierungen aushandeln kann, falls es vor Jahresende schwierig ist.

[honigbaer]

Antwort auf Beitrag Nr.: 58.784.066 von Andrija am 24.09.18 17:51:01

Zu dem Beitrag vom September übrigens noch: Die sollten lieber ein Casino errichten für die Ölarbeiter und Kreuzfahrttouristen, das könnte man auch auf einem ausrangierten Kreuzfahrtschiff anbieten, statt den Arbeitern so schmuddelige schwimmende Unterkünfte zu installieren. Die müssten was tun für die "Integration" der Ölarbeiter! Dann kaufen die auch Lammkeulen und Wollpullover.

[Andrija]

Antwort auf Beitrag Nr.: 59.268.997 von honigbaer am 21.11.18 15:16:01

Ein Casino...soso. Ich kenne die Gesetzgebung auf den Inseln nicht, aber da fiele mir eine noch bessere Diversifizierungsstrategie für die Ölarbeiter ein. Passt dann auch besser zu den "schmuddeligen schwimmenden Unterkünften".

[honigbaer]

Ich sag da lieber nichts dazu.

Inzwischen sind die Zahlen und eine aktuelle Präsentation auch auf der Homepage.
In der Präsentation heißt es:
Tenders for on-shore oil support services due to commence in late 2018 with final decision from Premier Oil on Sea Lion expected mid 2019.

[Andrija]

Antwort auf Beitrag Nr.: 59.286.481 von honigbaer am 23.11.18 16:43:48

Vielleicht gut so, dass es noch so lange dauert. Bei dem aktuellen Ölpreis schwinden die Hoffnung. Ein solcher Absturz ist schon krass. Die Saudis scheinen alles auf den Markt zu werfen um bei der Kashoggisache rauszukommen. Wird nicht ewig so gehen.

Bei de Kurs ist FIH aber ein solider Dividendenwert. Die neue Führung ist zunehmend bemüht Vertrauen zürckzugewinnen.

[honigbaer]

Aber ob da die Saudis dahinter stecken. Eher die Schwellenländer, bei denen die Dollar wieder knapp geworden sind, denke ich. So oder so bereinigt das den Markt für neue Projekte und auf längere Sicht ist das gar nicht schlecht. Das Falkland Öl ist auch eine politische Sache, ob Großbritannien weiter im Ölgeschäft bleibt, wenn die Nordseevorräte zu Ende gehen.

Die FIH Führung sollte lieber mal investieren, statt auf so einem Haufen Cash zu sitzen.
Oder hält man das Geld vielleicht, entgegen der Aussagen in den Berichten, für einen möglichen Falklandölboom und damit verbundene Investitionen in handel und Immobilien zurück?

[Andrija]

Full Year Trading Update - Kurs hausiert bei minimalem Umsatz

Wed, 10th Apr 2019 07:00
RNS Number : 6895V
FIH Group PLC
10 April 2019
FIH group plc

("FIH" or "the Group")

Full Year Trading Update

Full Year Earnings performance ahead of expectations

FIH group plc ("FIH"), the AIM quoted international specialist services group with businesses in the Falkland Islands and UK, is pleased to provide an update on the Group's trading performance for the year ended 31 March 2019.

Margins at Momart have continued to improve during the year, and in addition, a provision for a potential claim, made in the March 2018 accounts, has now been able to be released.

As a result, the board expects that subject to the completion of the audit, the Group will deliver a Pre-Tax profit that will exceed market expectations by a comfortable margin.

In line with our normal practice, we will publish our annual report and accounts in mid-June.

[Andrija]

http://www.the-falkland-islands-co.com/
An den Link konnte ich mich zumindest nicht mehr erinnern. Ganz informativ die Kundenansprache.

[honigbaer]

Im Geschäftsbericht zum 31.03.2019 der FIH group plc heißt es zu Sea Lion:
A final investment decision is anticipated from Premier Oil in late 2019 or early 2020.

Ein erheblicher Teil der flüssigen Mittel von FIH und ein 10 Mio Darlehen wurden Ende 2018 in Investment Properties investiert und zwar in Gewerbeflächen der Kunsthandels- und Kunstlagersparte Momart, für die bisher Miete zu zahlen war. Auch ein Teil der eigenen Verwaltung könnte dort einziehen, wenn in 4 Jahren der Mietvertrag für bisher genutzte Büros ausläuft.

The £19.6 million acquisition of the freehold of the 100,000sq ft art storage warehouses at Leyton, formerly leased by the company, saw rent savings of £0.22 million in the 3½ months to the end of the financial year and helped boost operating profits by £0.16 million, after taking account of increased depreciation.
(100,000sq ft sind ca. 9.300 qm)

Zusammen mit den Immobilien und Landreserven auf den Falklands ist FIH damit wieder mehr zur Immobiliengesellschaft geworden.

The Group had 54 completed investment properties at 31 March 2019, comprising commercial and residential properties in the Falkland Islands, which are held for rental, together with approximately 400 acres of land in and around Stanley. This includes 18 acres for industrial development and 25 acres of prime mixed-use land.

[Andrija]

Antwort auf Beitrag Nr.: 60.791.863 von honigbaer am 12.06.19 19:11:52

Du hast die Dividendenerhöhung auf 5 Pence vergessen. Damit schütten die nur gut 1/5 aus. Wirklich sehr gute Zahlen. Gleicht allerdings nur unsere Wechselkursverluste aus.

Mommart scheint sich ja zur echten Cash-cow zu entwickeln. Hatte das Investment damals ja als Verwässerung des Geschäftskerns stark kritisiert. Ich kann aber nach wie vor die Risiken auf dem Kunstmarkt nicht bewerten. In diesem Zusammenhang missfällt mir das "proactively seeking out opportunities for strategic acquisitions". Schuster bleib bei Deinen Leisten. Die Aktionäre sind froh, dass die beiden anderen Geschäftsfelder aktuell gut laufen und hoffen auf die Falklands. Wer will da ein weiteres Geschäftsfeld mit unbekannten Risiken im Haus haben.

Mit der ständigen Verschiebung der PMO-Entscheidung ist es schon "ärgerlich". Vermutlich weniger aus meiner Sicht als FIH denn als RKH-Aktionär.

[honigbaer]

Die strategischen Akquisitionen werden vielleicht nach dem Immobilienkauf nicht mehr unbedingt angestrebt, wenn das auch wieder im Bericht erwähnt wird. Sollten sich die Falkland Ölprojekte konkretisieren, kann man sicher auch in diesem Zusammenhang mehr investieren, so dass der Anlagenotstand immer mehr entfällt.

[Andrija]

Antwort auf Beitrag Nr.: 60.817.979 von honigbaer am 16.06.19 15:10:37

Das wäre mein Wunsch der hoffentlich vom Vorstand berücksichtigt wird.

[Andrija]

Gestern war HV. Kurs gab leider auch ordentlich nach. Hintergrund sind wohl die Aussagen auf der HV zu den Einbußen durch den Brexit.

https://www.aimlisting.co.uk/fih-group-plc-agm-statement/

[Andrija]

Interim results: 6 months ended 30 September 2019 - Relativ konstante Werte mit gestiegener Halbjahresdividende

12 November 2019

FIH group plc

("FIH" or the "Group")

Results for the six months ended 30 September 2019



FIH, the AIM quoted group that owns essential services businesses in the UK and Falkland Islands, is pleased to announce its unaudited results for the six months ended 30 September 2019 ("the period"). Comparisons shown below are for the same period in 2018 unless otherwise stated.

Group Financial Highlights - Resilient performance despite market pressures

· Group revenue at £19.4 million (2018: £19.6 million)

· Profit before tax at £1.25 million (2018: £1.35 million)

· Diluted earnings per share: 7.6p (2018: 8.3p)

· Bank borrowings at 30 September 2019: £16.4 million (31 March 2019: £12.8 million)

· Cash balances at 30 September 2019: £9.6 million (31 March 2019: £6.2 million)

· Increased interim dividend of 1.80 pence per share (2018: 1.65 pence per share)



Operating Highlights



Falkland Islands Company ("FIC") - Encouraging and profitable trading led by solid growth across multiple divisions and strong recovery in construction

· Revenue up 13.9% at £9.08 million (2018: £7.97 million) reflecting strong recovery in Falkland Building Services (FBS) (up 82% to £1.54 million)

· Continued growth in Retail sales (up 6% to £4.45 million), Falklands 4x4 (up 6.7% to £1.64 million) and Support Services (up 5.6% to £0.78 million) and positive revenue impact following investment in Property Rental (up 32.3% to £0.3 million)

· Profit before tax increased by 68% to £0.67 million (2018: £0.45 million)

· Significant medium to long-term growth opportunities linked to: land-based tourism, with a regular commercial flight from Brazil due to commence this month; possible oil development, with a decision on Sea Lion development expected from Premier Oil in 2020; and opportunities from Falkland Island Government and Ministry of Defence with emerging plans for local infrastructure investment.



Portsmouth Harbour Ferry Company ("PHFC") - Revenue lower, with passenger volumes impacted by aircraft carrier's summer deployment

· Total PHFC revenue decreased 1.2% to £2.31 million (2018: £2.34 million) reflecting a 3.2% decline in passenger numbers, outweighing the 3.0% annual increase in fares

· Passenger volumes most markedly down while the Navy's new aircraft carrier was away during the summer, but this is expected to return before January 2020 along with HMS Prince of Wales

· 17% increase in Cruising and Other income, to £0.17 million, with successful season of Solent leisure cruises

· Cost controls ensured only marginal decrease in profit before tax, to £0.49 million (2018: £0.51 million)

· Medium and long-term potential for increased ferry passenger volumes linked to mooted redevelopment of Gosport harbour's transport hubs, including possible improved retail, leisure and accommodation amenities.



Momart - Challenging commercial art market dented performance, despite strength in high margin services

· Overall revenue declined by 13.4% to £8.04 million (2018: £9.28 million), impacted by uncertainty amongst high-net-worth individuals and ensuing reduced activity by commercial clients in the face of challenging UK and international art market conditions

· Revenue in art storage rose 3.3% to £1.04 million, with success in securing new private and public sector storage clients, which will continue to benefit in future periods

· Notable exhibition activity included: "Mary Quant" and "Cars" at the V&A; "Anthony Gormley" at the Royal Academy; "Ashruburnipal" at the British Museum; "Olifur Eliasson" at Tate Modern; and "Van Gogh" at Tate Britain.

John Foster, Chief Executive, said:

"It has been a challenging period for several business divisions, and especially at Momart in the art sector, so we are satisfied that the Group has delivered a resilient half year performance overall.

"Supported by strength in the core Falklands business and tight cost control, the Group's profit before tax was reasonably robust. Meanwhile the Group's cash position remains strong, and we are pleased to announce an increased interim dividend of 1.80 pence per share.

"With a number of exciting medium to long-term growth opportunities in each of our diverse businesses, the Board looks to the future with confidence."


https://www.investegate.co.uk/fih-group-plc--fih-/rns/interi…

[Andrija]

Was geht ab?

Marktbericht > Falkland Islands Holdings
LON: FIH
338,10 GBX +43,10 (14,61 %)


Kurs höher als in Vorcoronazeit!

[Andrija]

Antwort auf Beitrag Nr.: 64.162.222 von Andrija am 24.06.20 16:20:34

Gute Zahlen- Final results for the year ended 31 March 2020

Okay, jetzt habe ich den Grund gefunden. Nachricht war von gestern und Kurs hat offenbar verspätet reagiert. Auf der Website stand nichts:

FY2020 Group Financial Highlights

· Group revenue increased by 4.9% to £44.6 million (2019: £42.5 million)

· Underlying pre-tax profits were £3.7 million (2019: £3.9 million) reduced by £0.25 million due to COVID-19

· £7.5 million non-cash write down of goodwill led to a loss before tax of £3.7 million (2019: £3.9 million)

· Underlying diluted earnings per share was 21.7 pence (2019: 24.1 pence)

· Diluted earnings per share was a loss of 37.8 pence (2019: 24.1 pence)

· As at 31 March 2020, cash balances of £9.1 million (2019: £6.2 million)


Operating Highlights

Falkland Islands Company ("FIC")

· A good performance with revenues up by 23% benefiting from increased housebuilding and rental income and remaining largely unaffected by COVID-19

· Pre-tax profits up 37% to £2.1 million (2019: £1.5 million)

Momart

· Following on from a successful prior year, FY2020 was more challenging reflecting a weaker global commercial art market leading to reduced income from galleries, auction houses and private collectors

· Pre-tax profits were £1.0 million (2019: £1.6 million)

Portsmouth Harbour Ferry Company ("PHFC")

· A small decline in passenger numbers over the year was significantly increased in March 2020 which offset the benefits of annual fare rises in June 2019

· Pre-tax profits were £0.6 million (2019: £0.8 million)

Outlook & COVID-19 Update

· While FIC has not been significantly impacted, trading at both Momart and PHFC has fallen to below 10% of normal levels as a result the Group incurred losses for the first three months of FY2021

· In response, the Group has suspended dividend payments in the short term, placed 78% of employees at Momart and in Gosport on furlough, reduced employee and Board pay and curtailed all capital expenditure

· Critically, the Group remains well placed financially with sufficient liquidity to meet all current and expected needs, as at 31 March 2020 the Group had cash balances of £9.1 million and has added an interest free £5 million debt facility under the Government business interruption scheme for use if required

· Management focus now is on returning the Group to its pre-COVID-19 position as quickly as practical whilst minimising the fallout from this unprecedented event

Quelle: https://www.londonstockexchange.com/news-article/FIH/final-r…

Letztlich wäre ein satter Gewinn rausgekommen, hätten sie nicht eine steuerwirksame außerplanmäßige Abschreibung vorgenommen (dürfte vermutlich irgendwann wieder zu einer Zuschreibung führen bei einer erwartungsgemäßen Wertaufholung). Keine Ahnung wie die bilanzieren. Die Falklands selbst entwicklen sich auch ohne Öl immer besser.

[honigbaer]

Hier etwas dazu, wie sich das Leben auf den Falklands verändert hat im Lauf der Jahrzehnte.
https://www.newyorker.com/magazine/2020/07/06/how-prosperity…

This was a common pattern: the early owners lived on the land, but by the twentieth century most farms were held by absentee landlords in Britain, or by the Falkland Islands Company—the Falklands equivalent of the East India Company, combining trade with governance.

[Andrija]

Results for the six months ended 30 September 2020

12 November 2020

FIH group plc

("FIH" or the "Group")

Results for the six months ended 30 September 2020

FIH, the AIM quoted Group that owns essential services businesses in the UK and Falkland Islands, is pleased to announce its unaudited results for the six months ended 30 September 2020 ("the period"). Comparisons shown below are for the same period in 2019 unless otherwise stated.

Resilient performance despite impact of Covid-19

Financial Highlights

· Group revenue reduced by £5.0 million to £14.4 million (2019: £19.4 million) due to the impact of Covid-19 on our UK businesses (the Falkland Islands have been Covid-19 free);

· Pre-tax loss limited to £0.2 million (2019: profit before tax of £1.3 million) after including initial restructuring costs of £0.1 million from the cost reduction programme in the UK;

· Falkland Islands Company ("FIC") operations saw revenue growth and increased profitability;

· UK businesses were adversely affected by Covid-19 but moved back into profit by late summer;

· H1 restructuring costs were £0.1 million and further £0.4 million incurred to date in H2; Total cost reductions from restructuring expected to generate ongoing annual savings of £1.6 million from November 2020;

· Bank borrowings at 30 September 2020: £20.6 million (31 March 2019: £15.7 million) including an interest free £5.0 million CBILS loan, drawn down in June 2020 to provide additional insurance and a £13.5 million commercial mortgage on a freehold property at Leyton;

· Positive net cash flow from operations of £0.3 million, despite pre-tax losses;

· Closing cash balance at 30 September 2020: £14.4 million (31 March 2020: £9.1 million);

· Dividend temporarily suspended until sufficient profitability restored.

Outlook

· UK lock-down will hit short term revenue but restructuring actions already taken will help to minimise impact;

· FIC profitability set to continue as Islands remain virus free;

· Newly imposed lock-down will reverse progress in short term and see a return to losses in H2;

· Cash resources give Group resilience and strategic flexibility;

· UK businesses remain fundamentally sound and are expected to return to profitability when the pandemic recedes.

John Foster, Chief Executive, said:

"Our focus has been to protect the business during this extraordinary year to ensure it is well placed to recover rapidly when the current crisis passes. We believe this has been achieved. We have reduced our fixed cost base, increased our access to capital and have as a result over £14 million of cash. More than sufficient we believe to weather the most pessimistic of forecasts for the current crisis. Our FIC business has been largely unaffected and provides a very helpful counterbalance to our two UK businesses whilst we navigate the current challenges. Perhaps most importantly in the terms of outlook, the Group has shown that when its markets are open the businesses are able to move back into profitability. Taken together, the Board is therefore confident in the medium and long-term prospects for the Group."

[Andrija]

BREXIT negativ für die Falklands

https://www.euronews.com/2021/01/11/falkland-islands-back-in…

[honigbaer]

Antwort auf Beitrag Nr.: 66.496.670 von Andrija am 19.01.21 00:50:03

Dann gibt es in der EU bald nur noch Hering statt Shrimps.
Die Methoden der EU. Wenn man solche Freunde hat, braucht man keine Feinde mehr.
Der Druck, statt Fischfang ein paar Öleinnahmen zu haben, dürfte dadurch aber eher steigen, oder will die EU auch kein Öl mehr?

[Andrija]

Antwort auf Beitrag Nr.: 66.496.712 von honigbaer am 19.01.21 01:23:28

Wir dürfen aber nicht vergessen, dass ein Großteil unserer Einkünfte noch vom Fischfang stammt. 2020 ja in der Hauptsache.

Was mich ärgert ist, dass der BREXIT der unsäglichen Kirchnerregierung-II wieder Auftrieb für Feindseligkeiten gibt.

[honigbaer]

Scheint eher ein Problem für Spanien zu sein:
https://www.express.co.uk/news/politics/1378344/brexit-news-…

Argentinien hat da vermutlich nichts davon, das Mercusor-EU-Abkommen liegt ja auch auf Eis.
Und im Entwurf ist da ja keineswegs ein freier Marktzugang in der EU für Südamerikas Agrar- und Fischereiindustrie vorgesehen, sondern nur Kontingente.

[Andrija]

Antwort auf Beitrag Nr.: 66.503.246 von honigbaer am 19.01.21 13:03:01

Ja interessant.

Ansonsten meinte ich eher:

Meanwhile, Daniel Filmus, who as Secretary of the Malvinas, Antarctica and South Atlantic islands and is responsible for the South American country's policy towards the remote archipelago, has suggested the decision leaves Argentina better placed to claim sovereignty of the British Overseas Territory.

Die Kirchner braucht diesen Populismus um von Ihrer unfähigen Politik und der Korruption abzulenken.

[honigbaer]

Das ist bekannt.
Mit Methoden meinte ich, dass die EU dem Vorschub leistet, also Außenpolitik und Handelspolitik verknüpft und sich sogar zum Handlanger Argentiniens macht. Ich glaube zwar nicht, dass das die primäre Absicht der EU ist. Aber dass man den Briten, die wegen Differenzen bei der Schulden- und Migrationspolitik die EU verlassen, den Abschied möglichst schwer machen will, ist ja wohl die erklärte Politik.

[Andrija]

Schwarze Null

RNS Number : 8903U
FIH Group PLC
09 April 2021
FIH group plc
("FIH" or "the Group")

Full Year Trading Update

FIH group plc ("FIH", "Group"), the AIM quoted international specialist services group with businesses in the Falkland Islands and UK, provides an update on the Group's expected trading performance for the year ended 31 March 2021.

Full Year Trading

Trading in the second half remained challenging for the UK businesses, with a full national lockdown in four of the six months of trading. However, the Group's Falkland Islands operations traded well, resulting, subject to audit, in an overall Group breakeven result, before exceptional items, for the full year. The emergence of the UK from lockdown restrictions will benefit the UK businesses, particularly Momart when the galleries and museums begin to reopen, and more generally the Portsmouth Harbour Ferry.

The Group's cash position remains strong with cash balances at 31 March 2021 of over £14 million. Bank borrowings at 31 March 2021 were £20.2 million (£20.6 million at 30 September 2020), including a £5 million interest free CBILS loan, (taken out as a precaution and to be repaid, in full, in June 2021), and a £13.2 million long-term mortgage on a freehold property at Leyton purchased in December 2018 for £19.6 million.

Decisive action was taken to mitigate costs and this, together with sacrifices made by staff through voluntary pay cuts, helped prevent the significant losses that might otherwise have arisen. Notwithstanding this, COVID-19 substantially reduced the expected profitability of the Group and in the circumstances the Board will not be recommending a final dividend. Resumption of dividends will be considered when the pandemic has receded and sustainable profitability has been restored.

Looking to the future, the financial position of the Group remains strong. The Group is well placed to invest in the growth and recovery that the Board is confident will occur in the new financial year. The Group's operating businesses remain fundamentally healthy and capable of both recovering to pre-COVID levels and delivering further growth. In addition, the Board continues to search for acquisitions to add further scale and value to the Group and recruitment of an experienced CFO to further strengthen the executive management team is at the shortlist stage.

[Andrija]

Bei der Marktkapitalisierung eher ein weiterer Kostgänger

FIH Group plc
("FIH" or "the Group")

Appointment of Chief Financial Officer

FIH group plc, the AIM quoted international group which owns essential services businesses focused on retail, transport and logistics is pleased to announce the appointment of Stuart Munro as Chief Financial Officer with effect from 28 April 2021.

Stuart qualified as a chartered accountant with Ernst & Young and has worked as a divisional finance director in number of UK companies since 2000 including Balfour Beatty, Alfred McAlpine Infrastructure Services and FirstGroup as well as Transport for London. Since 2015, Stuart has provided strategic, financial and operational consultancy to a number of medium sized Private Equity backed services companies across a variety of sectors. This recent role has included extensive acquisitions experience.

With his wide commercial and financial experience Stuart will assume responsibility for FIH group's financial affairs and will assist CEO John Foster in delivering the group's acquisition led growth

Robin Williams, Chairman of FIH Group plc, commented:

"I am delighted that Stuart has agreed to join the Board of FIH. His experience working across a wide range of sectors and his financial expertise will be invaluable as we accelerate work on identifying and executing opportunities for the strategic growth of FIH."

[honigbaer]

Würde ich gar nicht so negativ sehen.
Der Immobilienkauf war meines Erachtens eher ein langweiliges Investment und wenn man nun durch Akquisitionen (Transport, Kunst?) wachsen möchte, muss das nicht schlecht sein. Problem ist natürlich immer, dass man nicht zu hohe Preise zahlen darf, wenn man zukaufen will.

[Andrija]

Antwort auf Beitrag Nr.: 68.020.286 von honigbaer am 02.05.21 15:25:53

Da hast liegst Du hoffentlich richtig. Ich mag nur dieses Gemischtwarenladengedöns nicht. Davon profitiert i.d.R. selten der Kurs. Und hier im Speziellen würde ich mir schon wünschen, dass die Rücklagen für die Falklands verwendet werden. Selbst wenn das mit dem Öl dauert, denke ich schon, dass die Inseln einen stetigen Bevölkerungszuwachs verzeichnen werden. Hier hat man eigene Experten vor Ort, da brauche ich keinen CFO aus dem Unternehmensberaterdunstkreis. Aber schon klar, das ganze Management hängt in London ab und will vor Ort mitspielen.

Es wäre mal spannend eine HV mitzumachen und zu schauen, ob die "großen" Ankeraktionäre da bestimme Vorstellungen artikulieren. Die sind sicher nicht wegen der bunten Neuakquisitionen dabei. Ich habe manchmal eher den Eindruck keiner kümmert sich so richtig und das Management macht dann sein eigenes Ding.

[Andrija]

Will nicht die ganze RNS reinkopieren.

Keine Dividende aber schwarze Null. Wie erwartet läuft es nur auf den Falklands und bei Momart und der Fähre wegen der Pandemie nicht. Man hätte das natürlich für einen vorzeitigen Verkauf und einen Nachkauf nach der Meldung nutzen können (zumindest für die steuerfreien Stücke). Hätte, hätte...

Tue, 6th Jul 2021 07:00
RNS Number : 2445E
FIH Group PLC
06 July 2021


FIH group plc

("FIH" or the "Group")

Final Results

FIH, the AIM quoted Group that owns essential services businesses in the UK and Falkland Islands, is pleased to announce its final results for the year ended 31 March 2021 ("the period").

Remained Profitable and Maintained Strong Cash Position despite COVID -19

Highlights

· COVID-19 substantially reduced Group revenue to £32.6 million (2020: £44.6 million) with the fall in sales relating primarily to UK operations reflecting the impact on trading from seven months of lockdowns during the period

· Despite this, the Group still managed to record a profit before non-trading items at the pre-tax level of £0.1 million (2020: £3.7 million) with profits from the Falkland Islands Company ("FIC") offsetting losses incurred in the UK

· FIC maintained healthy profit levels helped by less disruption from the pandemic and despite the absence of tourist revenue

· In the UK, the fixed costs of the Portsmouth Harbour Ferry Company ("PHFC") resulted in this business being the hardest hit whilst Momart, which retained revenues from art storage, was able to mitigate some of the impact from COVID-19

· To manage the impact of the pandemic and accelerate the ability of the Group to recover, restructuring plans were completed which are expected to generate ongoing annual cost savings of £1.6 million

· The Group maintained a strong underlying cash position of £9.6 million as at 31 March 2021, which excludes £5.0 million of cash from UK Government loans which have now been repaid (31 March 2020: £9.1 million)

· Given the sacrifices made by staff, the use of UK Government assistance and the continuing challenges for UK trading as a result of the pandemic, no dividend is being recommended for the period; the position is being kept under review and the Group will resume the payment of dividends when profitability has been clearly re-established



Post Year-End

· UK businesses recovering and in time, expected to return to pre-pandemic trading levels and growth

· Falkland Islands remain COVID-19 free and FIC well placed for future growth

· Lowered cost base is expected to aid speed of recovery

· Executive management team strengthened with appointment of CFO, Stuart Munro, in April 2021



John Foster, Chief Executive, said:

"Given the cessation of trading imposed by COVID-19 during the period, the Group has performed resiliently and come through the pandemic so far in good shape. All three businesses are fundamentally sound and are either steadily recovering or in the case of FIC well placed to grow. Underpinning the Group is a sound financial base with high levels of cash which is further supported by the value of Momart's freehold property. There are opportunities to expand organically which are being pursued by the respective management teams at each division and there are also opportunities to accelerate scale and growth through acquisition. We are therefore optimistic about the future as markets steadily reopen and eventually return to pre-COVID levels. The board looks to the future with confidence."

[honigbaer]

Der Kurs ist doch gar nicht groß gefallen, sowieso nur ein Miniumsatz zu 238 GBP heute.
Die Zahlen sind nicht besonders überraschend, vom Kunstgeschäft hätte man vielleicht mehr erwarten können, das brummte doch eigentlich durch die "Sachwertspekulation".
Hat FIH nicht auch Vermietungsgeschäft mit der Gewerbeimmobilie?
Oder wird das alles von Momart genutzt.
Da muss man mal auf den ausführlichen Bericht warten.

[Andrija]

Antwort auf Beitrag Nr.: 68.698.760 von honigbaer am 06.07.21 12:27:26

Nun ja, 10%. Frankfurt berücksichtigt ja auch die Taxkurse in London.
Ne, überraschend leider nicht. Hätte deswegen vorher trotzdem Teile meiner neuen Positionen räumen können. War klar, dass in London niedriger getaxt wird. Gehandelt wird ja eh kaum.
Momart macht fast ausschließlich die Logistik für Kunstausstellungen und Museen. Da war ja coronabedingt wenig möglich.
FIH hat nur die Gewerbeimmobilie für Momart gekauft. Ansonsten lief das Immogeschäft auf den Falklands gut.
Die RNS ist recht ausführlich. Auf der FIH-Internetseite kommt aber auch alles mit Verzögerung. Hat offenbar nicht oberste Priorität der Internetauftritt. Die Ankeraktionäre bleiben ja eh.

[Andrija]

RNS Number : 8596R

FIH Group PLC
10 November 2021


Results for the Six Months Ended 30 September 2021

FIH, the AIM quoted Group that owns essential services businesses in the UK and Falkland Islands, is pleased to announce its unaudited results for the six months ended 30 September 2021 ("the period"). Comparisons shown below are for the same period in 2020 unless otherwise stated.

Return to Profitability and Dividend List

Highlights

· Group revenue increased by 20% to £17.3 million (2020: £14.4 million) reflecting a markedly better performance from the UK based businesses and a continued good performance from the Falkland Islands Company ("FIC");

· Pre-tax profit of £0.4 million (2020: loss of £0.2 million) with trading improving alongside the lifting of restrictions in the UK and significant scope for further improvement;

· Passenger numbers rising again for Portsmouth Harbour Ferry Company ("PHFC") as people return to offices, and following cost savings from a 25% reduction in headcount last year, PHFC is expected to continue its recovery;

· Much improved performance from Momart despite sections of the art world still largely shut and assuming the gradual reopening continues, further improvement is anticipated;

· Strong cash position of £8.0 million as at 30 September 2021; and

· Return to the dividend list with the payment of an interim dividend of 1.0 pence per share.

Outlook

· Direction of travel encouraging across all three divisions with the potential to accelerate further;

· Balance sheet strength continues to underpin trading position and provide strategic flexibility; and

· Overall, the outlook is positive as reflected in the Board's decision to re-instate the dividend.

John Foster, Chief Executive, said:

"We have three good businesses and when conditions permitted, the Group quickly returned to profitability. Our financial position is strong and customer activity is heading back towards pre-pandemic levels. We are also benefitting from the actions taken last year to reduce our cost base, whilst continuing to invest in areas where we see opportunities. We expect the progress demonstrated in the Group's first half results to continue as we move into the traditionally stronger second half."

Chairman's Statement

I am pleased to report further progress in the Group's recovery from the adverse effects of the coronavirus. FIH's UK operations saw a slow return towards more normal trading as lockdown restrictions were finally lifted in England in late July 2021 whilst the Falkland Islands Company ("FIC"), which has been much less affected by COVID-19, maintained its healthy profitability in the traditionally quieter austral winter.

A detailed commentary on the results is provided in the Chief Executive's Review but in overview, although demand has not yet fully returned to pre-COVID levels, profitability improved across the Group despite a marked reduction in the level of financial support from the UK government's furlough scheme allowing the Group to produce a pre-tax profit of £0.4 million for the six months ended 30 September 2021 compared to a loss of £0.2 million in the same period last year.

In April 2021, the Group took steps to further strengthen its executive team with the recruitment of an experienced Chief Financial Officer, Stuart Munro, and in the Falkland Islands, an experienced executive was recruited to further develop FIC's construction and infrastructure activities and its ability to deliver larger more complex projects.

Provided there is no recurrence of lockdown restrictions, we expect to see further improvement in the Group's traditionally stronger second half, reinforced by a continuing return to more normal patterns of business and client activity.

Once again, our staff have shown great resilience and dedication, applying considerable skill and devotion to the needs of our customers, so I would like to thank them on behalf of the Board for all their efforts.

Reflecting the Board's confidence in the underlying resilience of the Group, its return to profitability before taking into account Government support and its ability to recover from the effects of the pandemic, the Board is announcing the resumption of dividends with the payment of an interim dividend of 1.0 pence per share which will be paid on 14 January 2022 to shareholders on the register at the close of business on 3 December 2021.

The Group has a Dividend Reinvestment Plan ("the Plan") that allows shareholders to reinvest dividends to purchase additional shares in the Group. For shareholders to apply the proceeds of this and future dividends to the Plan, application forms must be received by the Group's Registrars by no later than Wednesday 22 December 2021*.

Firm progress has been made in the past six months and with the benefit of a lower cost base following the necessary restructuring activity seen last year, steadily recovering demand, and a strong balance sheet, the Board looks to the future with confidence.

Robin Williams
Chairman
10 November 2021

[Andrija]

Bin sprachlos! Rund 1,5% der Aktien

Aktien Kursdaten
Börse London Stock Exchange
Aktuell 230,05 GBp
Zeit 15.11.21 16:17
Diff. Vortag +0,02 %
Tages-Vol. 43,41 Mio.
Gehandelte Stück 188.719

[Andrija]

Ein bisschen Geschichtsunterricht

https://www.fiassociation.com/article/814/argentine_business…

[Andrija]

Hatte die guten Zahlen vom 05.07.22 vergessen:

FIH group plc
("FIH" or the "Group")

Final Results
FIH, the AIM quoted international specialist services group with businesses in the Falkland Islands and the UK, is
pleased to announce the Group’s audited results for the year ended 31 March 2022 ("the period").
Significantly Improved Cash-Backed Profit as Trading Continues to
Move Towards Pre-Pandemic Levels

Highlights
 Revenue increased by £7.7 million (24%) to £40.3 million (2021: £32.6 million) with trading continuing to head
towards pre-pandemic levels.
 Pre-tax profit of £2.0 million (2021: £0.2 million).
 Underlying pre-tax profit of £2.3 million (2021: £0.1 million) despite COVID-related government support
reducing to £0.5 million (2021: £1.8 million).
 Results underpinned by net cash flow from operating activities of £5.1 million.
 Underlying pre-tax profit of £1.8 million in the Falkland Islands Company (“FIC”) is consistent with the year
ended 31 March 2021, despite a second year without tourists.
 Momart and the Portsmouth Harbour Ferry Company (“PHFC”) both delivered much improved performances
as trading activity continued to recover.
o Momart delivered an underlying pre-tax profit of £0.6 million (2021: £0.5 million loss).
o PHFC delivered an underlying pre-tax loss of £0.1 million (2021: £1.2 million loss).
 The Group balance sheet remains strong with underlying cash as at 31 March 2022 in line with prior year at
£9.6 million (after adjusting for the repayment of £5.0 million CBILS loans).
 Good progress on the £17.3 million contract, awarded to FIC in November 2021, to build 70 houses for the
Falkland Islands Government (“FIG”) and the UK Ministry of Defence (“MOD”) and further opportunities to work
with FIG and the MOD are being explored.
 The value of Momart’s property in Leyton has risen substantially since acquisition.
 A final dividend of 2.0 pence per share will be proposed at the Annual General Meeting, taking the total dividend
for the year to 3.0 pence per share (2021: nil).

Post Year-End
 The Falkland Islands re-opened to tourists from 4 May 2022.
 John Foster stepped down as Chief Executive on 14 April 2022 and was succeeded by Stuart Munro, who was
previously the Chief Financial Officer. Progress is well advanced towards securing a replacement CFO.

[Andrija]

Falklands’ black gold rush might at last be a reality

Saturday, July 23rd 2022 - 22:49 UTC

By Dominic O’Connell, The Times- Head north from the Falkland Islands, across the South Atlantic waves where albatross wheels and whales sound, and you pass over what could be a big new oil province — a significant source of hydrocarbons controlled not by sheiks or oligarchs, but by the United Kingdom.

The Falklands might seem an odd candidate to become an energy powerhouse. The likely presence of commercial quantities of oil has been known for decades, yet successful development has always seemed improbable. The Islands were too remote, the weather too inhospitable, the cost too high.

Now, however, the odds are shortening. The Sea Lion field, which has been an on-again, off-again prospect since oil was discovered there 12 years ago, is on again. Rockhopper, the exploration venture that found it, has struck a development deal with Navitas, an Israeli oil company with a reputation for bringing difficult prospects into production.

Its chief executive, Gideon Tadmor, was an influential figure in the opening up of the eastern Mediterranean as a big new source of gas, and the company recently completed a deal to develop the Shenandoah field in the Gulf of Mexico, which had previously been discounted for being in water too deep with well pressures too high.

“We are closer than we have ever been to it actually happening,” says Ashley Kelty, senior oil and gas analyst at the stockbroker Panmure Gordon, who made the trip to the Islands to examine the project when it last looked likely to happen.

“It will transform the economy of the Falkland Islands,” says Sam Moody, Rockhopper’s chief executive. “And it is big enough to make a difference to the security of the UK’s energy supply.”

Argentina, which has denounced oil and gas exploration in Falklands waters as illegal because of its territorial claim to the Islands, remains implacably opposed. Environmental campaigners have in the past also objected, although a local wildlife charity is not calling for a blanket ban.

If all goes according to the Rockhopper plan, and there are regulatory hurdles still to overcome, including a sign-off in Westminster, a final investment decision could be taken in two years’ time.

The Falklands has been the next big thing in oil several times in the past. Industry giants, including Shell, explored without luck in the 1990s, and there was a flurry of interest around 2010 when a rapidly-rising oil price sparked a prospecting rush.

A gaggle of Aim-quoted explorers nicknamed the “sheikhs of the South Atlantic” — including Desire Petroleum, Falkland Oil and Gas, Argos Resources, Borders & Southern and Rockhopper — raised money from investors eager to believe that riches awaited. It was a febrile atmosphere; comments on investor bulletin boards at the time showed many who bought the shares believed Britain’s willingness to fight to reclaim the Falklands from Argentine invasion in 1982 was proof enough that large quantities of oil would be found.

After that rush of activity, however, the oil price dropped and market interest fell. Rockhopper, a tiny company headquartered in a Wiltshire farmhouse, is one of those to have stayed the course, and has the license not only for Sea Lion but other potential fields.

Moody, who is Rockhopper’s co-founder as well as its chief executive, first got involved in 2004 after having conversations with Richard Visick, the one-time owner of Weddell Island, the third-largest in the Falklands. “The acreage that Shell and others had been exploring was coming off license — it was open for someone else to come in. Richard said ‘I think there is an opportunity here’, and we set it up together.”

In 2010 Rockhopper struck oil on Sea Lion, not far from where Shell had been working more than a decade earlier. “They missed it only by about 1,000 meters,” Moody says. The discovery, which is estimated to contain at least 500 million barrels, made Rockhopper a potential target for other oil explorers hungry for promising prospects. It held talks with Cairn Energy before striking a development deal with Premier Oil, a London-listed company with interests in the UK, Mexico and Asia.

Premier paid US$ 231 million upfront for a 60% stake, with the promise to pay another US$ 770 million of development costs. The partners predicted that oil would flow by 2017. It never came to pass, though. The oil price fell, and while Premier and Rockhopper spent money on studies and engineering work on how to bring the field into production, actual development was shelved.

Premier was distracted by problems at other fields and a shaky balance sheet. In March last year it merged with another medium-sized oil company, Chrysaor Holdings, with the combined company renamed Harbour Energy.

Harbour was less interested in the Falklands, and in December it withdrew, with Navitas taking its place. When the deal closes the Israeli company will take a 65% share of the field, with Rockhopper keeping 35%. Rockhopper raised US$ 10 million this month to help to fund its side of the agreement.

Tadmor, who has separate interests in film production, including the 2016 movie Norman, starring Richard Gere, said that the Israeli group had been tracking the Sea Lion field for some time. “We were interested going right back to when Premier got involved,” he said. “It is a perfect fit for us. We like situations where there are challenges, and we have a track record of making things work in difficult places.”

According to Tadmor, much of the hard work has already been done. “Premier and Rockhopper together have spent a lot of money on the development. We will refine the production concept, but basically we see this as getting an asset which is already a long way down the road.”

Navitas also brings access to an interesting source of funds: Israeli investors, who Tadmor says are eager for more access to oil and gas assets. He dismisses opposition to new oil and gas fields on climate change grounds.

“The truth is that the transition from hydrocarbons to new sources of energy is going to take much longer than people think, and in the meantime we will need new sources of oil and gas.”

He is also relaxed about Argentina’s denunciations. “We are aware of the conflict, but it is a UK territory.

“Our experience in the eastern Mediterranean makes me believe that oil discoveries are positive developments — if we do well then other oil companies, even the majors, will come to the Falklands.”

Both Moody and Tadmor are, understandably, keen to stress the impact that oil production could have on British energy security. “This could be big enough to replace all the oil imports the UK has from Russia,” Moody says.

It will also be a big deal for the Falklands economy.

The Falkland Islands government — there is a newish administration in place after elections that took place in November last year — will take a 9% royalty on each barrel produced, and will also charge corporation tax on the Sea Lion operations.

“Depending on what your assumption is about the oil price, that is a giant amount of money for the Islands,” Moody says, while Tadmor estimates that the first phase could triple the Falklands’ gross domestic product at a stroke.

In a statement, the Falkland Islands government said that it supported oil production “provided it is done to the necessary standards”. It said it was too early for definitive plans on how oil revenues would be used. “However, the Falkland Islands have significant infrastructure renewal requirements,” a spokesman said.

Esther Bertram, chief executive of Falklands Conservation, a charity that is devoted to protecting the Islands' wildlife, said that the group did not oppose all oil development but wanted additional environmental safeguards, including new laws, protection for inshore waters and funds in place for any remedial work required.

”I think it will be quite interesting to see what happens because in the recent elections many voters talked about the environment being one of the big issues for them,” she said.

While some Falkland Islanders may hope that the deal with Navitas will bring their dream of riches closer, others will remember that much has been promised before, and that much hangs on the oil price. Rockhopper and Premier calculated that the Sea Lion field had a break-even cost of about US$ 40 a barrel, well below the current US$100-plus.

“I think there is a much higher chance of it happening than at any time in recent years,” said Werner Riding, oil and gas analyst at Peel Hunt, Rockhopper’s broker. “It will have a motivated new operator in Navitas, and they should be able to finance it. It is a good-sized resource and by the time they reach the final investment decision they will have confidence on proven reserves. At a US$100 oil price it is definitely bankable.”

https://en.mercopress.com/2022/07/23/falklands-black-gold-ru…

[pickuru]

A new oil boom in the Falkland Islands

https://www.undervalued-shares.com/weekly-dispatches/a-new-o…

[Andrija]

Antwort auf Beitrag Nr.: 72.538.300 von pickuru am 07.10.22 13:59:35

Ja lebt denn der alte Holzmichel noch?

[Andrija]

https://www.energyjobline.com/job/strategic-finance-advisor-…