The countess, with a changed face runs to the pond… (Northern Stream). Late evening, after STC News note, I wasn’t felling well. Not physically, - was more internally and morally distressed. Thinking about the strong possibility that the “management” (the Ashia Lancaster, for example), for sure, will evaluate my ‘progress’ very low. When the what-ever-the-weather these “co-workers” and “colleagues’” is still be better than I see them before. Whatever is my behavior with them will be, - I can’t take advantage of theirs knowledge (i.e. “Magic” Jordan), experience or position in the ‘society’. That small protection and a very tiny support which in this moment (of ABN Amro?) I require. If not, this bravery of madness although can cause admiration, - but never will be adequately rewarded. Man, I don’t want to do any of emotional manipulations today. You are from those people, to who is not easy at all to sway. More I try, - more backfire I’m receiving… But to get things moving (is all I want), can depends on how well I understand “it” and how I’m willing to try a different approach. Isn’t it? Taking in consideration the light of what ‘I have learned’. How about your own faulty judgment and well hidden vanity?
Gdansk Energa for sale. TRF, 04-05-2010, last updated: 04-05-2010 19:49. The Treasury invited the investors to negotiate a purchase of shares Energi. Until June 1 they have time to submit bids. Until May 28 interested companies can receive in the privatization advisor information memoranda. Minister of the Treasury in the process to advise KPMG Advisory, in consortium with the law firm Salans D. Oleszczuk. Sales of 82.9 percent. share the group is terminated before the end of the year. Energa previously declared an interest in three entities: PGE, PGNiG and Serin Investments. In the case of PGNiG's final decision on the bid has not yet been made. The heads of the gas company wants to expand its activities to the energy sector, including through involvement in projects to build new blocks of blue fuel-fired power plants. Collaboration also with Energa Gdansk, which is planning two such investments. As the first Energa declared an interest in PGE, which would be willing to consider the sale of assets after the acquisition of Energi. A clear statement as to the intention to make an offer to buy the company consists of Jan Kulczyk. On the basis of the assets Energi, Lotus and other companies he would like to build a strong regional energy group. Unofficially it is said also that the submission of tenders will consider GDF Suez. Previously, from the Treasury floated the signals of interest in the company of foreign financial institutions. Participation in the privatization excludes the Swedish Vattenfall, which already has 18.6 percent. Enea shares. The Treasury assumes that the main criterion for selection of the investor will be the price. However, they will also be negotiated commitments and investment plans for environmental protection. According to analysts involved in the valuation of energy companies Energi exceed 5 billion zł.
PZU's debut. 10:50, 05.05.2010 / PAP, TVN24.pl. Waiting for this day more than 250,000 private investors. May 12 will be the first listing of PZU shares on the Stock Exchange, announced on Wednesday the Treasury Ministry on its website. "The first listing of PZU SA shares on the Stock Exchange in Warsaw is scheduled for May 12 this year. In the coming days, PZU SA is planning to submit proposals to the Board of the Warsaw Stock Exchange in this matter: for release and introduction to trading shares" - we read. "Triumph of the Shareholding of civil May 12 will certainly be a day when the stock price will be watched very many private individuals. Even those not having more experience in competitions dance floor. Right now the Ministry of the Treasury speaks of "the triumph of shareholder society". On the purchase of shares in insurance giant signed up for more than 250,000 individual investors. The first record is no longer whether it will succeed financially - just to see.
ARCTIC SEA: Графиня с изменившимся лицом бежит к пруду… Comments: I know that Solchart is selling it’s fleet – I know for sure about selling at least 2 vessels, one with heavy debt. Maybe Solchart plans to cover debt with Arctic Sea sale. Company Solchart is not the first and won’t be the last to bust in a very dangerous business of transporting some dubious goods to dubious countries in clandestine operations, covered by innocent-looking cargoes. There was and is constant timber cargo flow from North Europe to North Africa, everybody was happy except those who didn’t like all that, and they put an end to undercover logistics by a unique operation of vessel’s highjack. Main players still unknown, all mishaps left with carrier. Don’t play with devil – it’s a no-win game. Still, new persons and new companies eager to get big easy bucks go in for such transportations, and got busted, killed, convicted – you name it.
De Beers confirms possible IPO. The owners of diamond group De Beers, including miner Anglo American Plc, are mulling a possible re-listing for the firm but feel the time is not yet right, sources close to the situation said, writes Reuters. A flotation would bring De Beers full circle after it scrapped a listing in Johannesburg and went private in 2001, but since the diamond sector has just been through a devastating downturn, would likely be at least a year away, the report said. The three owners have no pressing need for a listing but it is an option being looked at, the sources said. "It's something that might happen down the track," said one source who declined to be named. De Beers Chief Executive Gareth Penny said a stock market listing was a possible strategy in reply to a question at a lunch presentation for investors in Cape Town last month, according to a fund manager who attended. Both Anglo, with a 45 percent stake, and South Africa's Oppenheimer family - which owns 40 percent and has a management contract for De Beers - declined to comment. The Botswana government, with 15 percent, was not available for comment. De Beers, which controls about 40 percent of global rough diamond supply, also declined to comment. "Any questions about the shareholding structure of De Beers is a matter for the shareholders themselves to comment on," the company said. "The management of De Beers is completely focused on delivering strong growth for our shareholders." ANGLO'S INTEREST. If De Beers was planning for a listing, this would be positive for Anglo American shareholders, said a fund manager with a holding in Anglo. "If there were to be a listing, I would assume that the incentive to maximise profits prior to the listing would be very large because one would want to place some sort of multiple on the company and establish a track record," he said. Last year De Beers accounted for only 1 percent of Anglo's group operating profit, down from 5 percent in 2008, but Anglo Chairman John Parker told the annual shareholder meeting last month that the group still regarded De Beers as a core activity. Analysts said a listing would provide a range of options for shareholders, including exiting their investment, a partial divestment or one party buying out other investors. "My view is that Anglo American would if anything look to increase rather than decrease its stake in De Beers and would welcome a controlling stake," said analyst Alison Turner at Panmure Gordon in London. De Beers had a strong first quarter with sales five times the level of last year, Finance Director Stuart Brown told Reuters in March. "De Beers has put its recovery on an even keel, but it hasn't recovered yet. You certainly wouldn't sell the company when it's only just picked itself off its knees," said analyst Des Kilalea RBC Capital Markets in London. "A lot will depend on where Anglo is at that time. De Beers is not a very big part of Anglo, but if the company looks like it's going to do better and Anglo doesn't need the capital, then there wouldn't be any need necessarily to divest." REFINANCING. A market listing would make any future fundraising easier. De Beers needed a fresh influx of capital during the downturn that hammered the diamond sector and raised $1 billion from a rights issue to cut its net debt to $1.9 billion. The firm did not have the option of seeking funds from a wide pool of institutional investors on the stock market. The $1 billion injection had to be coughed up by Anglo, the Oppenheimers and the Botswana government. A stock market filing showed the Oppenheimers used their holding in Anglo as security for a loan facility just before the fund raising was finalised. Shareholders have also previously provided interest-free loans to De Beers, which totalled $759 million at the end of 2009. A listing would be one way of retrieving those funds, analysts said.
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