Oceania Capital Partners

Oceania Capital Partners: an Australian investment company trading at a large discount to book value. The company is controlled by a HCI, a South African holding company. John Copelyn, HCI’s CEO, is set to take control of OCP himself through a family investment trust.

Kobex Capital substantial issuer bid

Just a short post about a special situation that might be attractive. The Canadian company Kobex Capital has announced a substantial issuer bid for 85% of its outstanding shares. Kobex is a cash box with no remaining operations. Management was not making progress in buying another business or making solid investments. The result was that […]

Dark companies & Temco Service Industries

Pink sheet companies have always fascinated me. It’s this large universe of mostly very crappy companies that virtually all investors will not touch with a barge pole. Rightly so for the most part. I’d say at least 95% of them are not even remotely interesting. Many are just shell companies with no operations. Others are […]

LanTroVision to be acquired by Mirait Holdings

A short update about LanTroVision (SGX:BJK), which I wrote about almost two years ago. LanTroVision has just received an acquisition proposal from MIRAIT Singapore, which is a wholly owned sub of MIRAIT Holdings Corporation (TYO:1417). LanTroVision shareholders will receive S$3.25 in cash per share. The total acquisition price wil be around S$180 million, including expenses. […]

Tidelands Royalty Trust “B”

Sometimes I stumble upon a weird small stock that looks interesting, but after doing some reading on it I begin to realize I can’t get a good idea of what it is worth. One recent example I found on the pink sheets is Tidelands Royalty Trust “B” (TIRTZ). I’ll just throw some info out there, […]