I’ve picked up a few shares of Harvard Illinois Bancorp (OTC:HARI). This is a liquidation that could offer a reasonable return depending on the final liquidating distribution(s). I think it is pretty unusual for a bank to liquidate. The reason for the liquidation is that the company ran into big problems in 2014 when it […]
Category Archives: Special situations
Dark stock Questar turns into special situation
I own a number of microscopic positions in dark companies that trade on the pink sheets and that seem to offer no information at all to investors. Every now and then I manage to get some financial information from a company, but often I’m simply ignored. Friday I noticed that the stock of one of […]
Trinity Capital announces cash distribution of 5p
Trinity Capital (LON:TRC) has just announced a 5.0p cash distribution per share: Trinity Capital plc announces a distribution to shareholders of 5.0 pence per share, equivalent to approximately £10.5 million (the “Distribution”).
Trinity Capital: Completion of Disposal of Assets
The day after the publication of the post about Trinity Capital the company has announced the completion of the disposal of TC1 and TC5. Proceeds of £8.7m were received by TCML, a wholly owned subsidiary of Trinity
Special situation: Trinity Capital
Trinity Capital (LON:TRC) is a company listed on AIM in London that was formed in 2006 with the purpose to invest in Indian real estate and real estate entities. These investments were structured as special-purpose vehicles and joint ventures.