Wednesday, 22 April 2009

China Gateway shares rise

Shares in Commercial Group Properties, the company behind China Gateway have risen from trading at 3p on the first of this month to trading at 50p today. I noticed that they are hoping to buy the land at Manston that TDC and KCC bought for £6,286,250 for £3,000,000 and wonder if the two things are somehow related.

I know there were some concerns about the closeness of the relationship between Commercial Group Properties and the council during the Chinagate incident, so this large and sudden rise begs some interesting questions.
Update click here to view the title I had assumed the land was bought by EKOS not KCC so the loss £3,286,250 would fall to them.

1 comment:

  1. Should be A return on someones investment then, better than carpets

    ReplyDelete

Please note comments that may be libellous, comments that may be construed as offensive, anonymous derogatory comments about real people, comments baiting internet trolls, comments saying that an anonymous comment was made by a named real person, boring comments and spam comments, comments in CAPs will be deleted. Playground stuff like calling real people by their time stamp or surname alone, referring to groups as gangs, old duffers and so on will result in deletion. Comment that may be construed as offensive to minority groups is not allowed here either, so think before you write it, remember that the internet is a public place, that it is very difficult to be truly anonymous and that everyone who uses it leaves a trail of some sort. Also note the facility to leave anonymous comment will be turned of during periods when I am unable to monitor comment, this will not affect people commenting who are signed on to their blogger accounts. When things are particularly difficult on the commercial spam front I may turn comment moderation on for periods.

If you feel that someone has left a comment that is offensive and directed at you personally please email me (link on the sidebar) asking to have it removed, you will need to tell which post and the date and timestamp of the offending comment. Please do not reply to the offending comment as I will assume you continuing the dialogue as meaning that you want the comments left there.