ACE - Ancapistan Capital Exchange - The Ace of SL Stock Exchanges

Oct 11th 2008, 05:45 Georg Pennell ACE trader since 2007/10/28	BNT?
	Can anybody tell me what BNT is good for? No dividends, no financial reports, stock price fallen like a stone, no buying interest in this stock (this one I can understand), but a CEO who is announcing one dancing event after the other .... Georg

Oct 11th 2008, 06:13 WieBenIk Beaumont ACE trader since 2007/10/23	Re: BNT?
	My answer is simple: I sell my 900000 shares! They are worthless! I make more than 1% profit a week on not in BNT invested capital. I am losing money while I am reading the CEO's announcements!

Oct 11th 2008, 19:43 IntLibber Brautigan ACE trader since 2007/10/21	Re: BNT?
	BNT is the largest growth company in SL. The NAV of BNT is now in excess of its IPO price. We are at 52 sims now, the largest actual net asset value of any company in SL. So, the better question is, why do YOU value the stock so little when it is worth so much?

Oct 11th 2008, 19:48 WieBenIk Beaumont ACE trader since 2007/10/23	Re: BNT?
	This is a story, this is not money going back to the shareholders. BNT can prove that BNT is the largest growth company in SL by having the fastest growing share price in SL or the largest dividend in SL. Shareholders can not buy bread with stories only with return on their investment, thus money!

Oct 12th 2008, 07:51 Georg Pennell ACE trader since 2007/10/28	Re: BNT?
	So, IntLibber, if BNT is such a great company, why do you not pay adequate dividends? Look at ISE, they really have great companies listed with huge return through dividends. I got a 20% return on my investments there in one year just trough dividends. The ISE stock itself surged by 200% within one year, which is another nice profit for me. In contrast, BNT stock has fallen by 80% and did not pay any dividends. What a lousy company!!

Oct 12th 2008, 09:49 IntLibber Brautigan ACE trader since 2007/10/21	Re: BNT?
	BNT is not a hobby company like the companies you talk about who pay dividends out of their RL paychecks. We are probably one of the FEW sustainable companies that operates solely off of its own revenues, and has since the beginning. MY job, as CEO, is to deliver value. Not share price. Value. There is a difference, if you and Wie do not understand the difference then this explains why you fail to value this stock sufficiently. My job is to deliver net asset value. Nothing more. YOUR job as a investor is to see undervalued stocks, buy them and buy them and buy them until they are sufficiently valued, even overvalued, with respect to their NAV, and then selling them at a profit. I cannot do YOUR job for you. If I put company resources into doing your job for you, then I am short changing all the other investors who are actually intelligent and understand value, and damaging the net asset value of the company. Start doing YOUR JOB as an investor.

Oct 12th 2008, 10:42 Georg Pennell ACE trader since 2007/10/28	Re: BNT?
	My job as an investor is to be careful and don't listen to the blah blah of an CEO but look at the fundamentals, fincancial data and the stock price. Where are your financial reports which show your good financial position and a NAV which is higher than the value investors are willing to pay? Where is the value (dividend) which shows the good profit you claim to make? Do you only work for you own pocket? As a listed company you have to work for the shareholders! If the stock price falls, there is always a reason. As an careful investor I get out of a stock after a defined stop loss limit. By the way, the last person I heard talking in a way you do, IntLibber, was Jasper Tizzy. I think most of the people here know what kind of person he was!!

Oct 12th 2008, 11:55 Anja Drevnerussky ACE trader since 2008/06/15	Re: BNT?
	You can read it in the prospectus and the announcements, that some companies don't pay dividends, and here IntLibber is totally right. Though it is almost impossible to estimate a share value without access to financial information. But these companies are targets for stock speculations exactly the way IntLibber described (buy below estimated value, sell when above, that's your profit!). People dumping their shares offer good opportunities for the long term investors in these companies, but shouldn't expect to make any profits. Obviously a stock exchange is very interested in having as many shareTRADERS as possible. I think there also is a different type of investor (let's call it shareHOLDER), which is represented by Georg. Maybe rather a European attitude. People who want to invest in a company, get a percentage of their profits in form of dividends and basically not wanting to sell their shares, but hold them for a long time. Both types I tried to describe can go together, they don't exclude each other. I think a lot of reading can help to choose your company to invest in. Talk to the CEOs and coinvestors and decide!

Oct 12th 2008, 12:27 Cliff Eclipse ACE trader since 2007/10/23	Re: BNT?
	I can only give my 2 cents worth here, of personal knowledge, and the value of BNT. I was originally employed with Meta Bank, which became My Second Bank (M2B), and we were responsible for the financing of a lot of BNT land sales to individuals, and funding of major projects such as the Twin Towers, as well as the original World Stock Exchange. Although BNT is primarily a land based company there have been many innovation projects I have been associated with over time, including the purchase of M2B by BNT, to become BNT Financial. This institution's history is clouded as the original purchase came shortly before the Linden outlawing of banks. We are, as many legitimate financial institutions are, on the other side of banking now with investment companies, (and so BNT Financial became BNT Financial Real Estate Investment Trust, BNTFRE) and again BNT weathered the storm. We now have had to deal with the value of land, and the fact that landownership is not as popular as it once was, as a result of Lindens devaluing properties over the summer. Times have not been the best but BNT remains, and is in fact a viable company that has the ability to consider many forms of business, thus it remains in the marketplace as a true investment company. Dividends? heheh. They are coming, but their dispersal is based on timing for the company. Please keep in mind that for this company to have weathered as many storms as SL can create is in itself saying something about its management, and its ability to adapt to changing times. Land is slowly becoming popular again, and some of the best deals can be found in BNT estates. You may have noticed some of our advertising along the way. BNT? The answer is YES!!! It is most certainly a worthwhile investment, and might be viewed as a large cap by SEC measures, where a company like GE is slow to move value wise, but yet is a solid investment.

Oct 12th 2008, 15:18 WieBenIk Beaumont ACE trader since 2007/10/23	Re: BNT?
	My conclusion is simple: this discussion does NOT convince me to spend more money in BNT, delivering value, -- dixit the CEO, -- but not for the shareholders. In other words, money invested in BNT is the same as paying tax to the government, it is gone!

Oct 12th 2008, 15:40 Stray Underwood CEO ESN	Re: BNT?
	Looking in the forum for convincing is where you seem to lack knowledge in investing. What did you plan to find in a public forum... do you go out on the street and ask random people rl investing advice? As that is the same as asking people to convince you to buy a stock in a public forum. The only person that you should ask is yourself. You want random advice... Stop investing in companies you seem to know nothing about, and stop asking random people where to spend your money.

Oct 14th 2008, 11:54 IntLibber Brautigan ACE trader since 2007/10/21	Re: BNT?
	Really? If you invested in Microsoft in 1980, would you have regarded that as paying tax to the government? After all, Microsoft did not pay a dime of dividends until 2005, 25 years later, and its stock remained flat until the mid 80's when its sales of DOS started to take off. Yet if you had invested $100 in Microsoft in 1980 and let it sit for the past 28 years, you would be a millionaire today. Some government tax. BNT has only been public for a year and a half. When we did our IPO, we were already larger than any other company publicly traded in SL, and today we are larger than any other public company in SL still. We have grown since our IPO from 12 sims prior to IPO to 52 sims today. We own the majority of the largest virtual stock exchange in SL, and unlike so many other operators of banks, we have successfully resolved the conversion of M2B/BNTF into an REIT which currently has higher net asset value than its IPO price, and far higher than its share price. It is your job as an investor to research the companies. Read the prospectuses, read its news releases and other statements. BNT has never said it would pay a dividend, not even during our IPO. We have always said we are a growth oriented stock, even in our Prospectus at IPO, and, unlike so many others, we have delivered on that IPO promise. Net Asset Value has risen from around 0.10 per share at our IPO to over .70 as of our last statement, and based on subsequent statements by BNTFRE and ACE, our NAV is currently somewhere near its IPO price. BNT stock is clearly and distinctly undervalued.

Oct 22nd 2008, 06:18 Andiez Smythe ACE trader since 2008/09/24	Re: BNT?
	I think what is needed here is an idiot such as myself who can simplfy the matter :) 1) Some stocks such as trusts and funds which invest in other stocks are held in the medium to long term and give good dividends which are usually reinvested and maintain the value of the holding at or above the rate of inflation. They are not the type of stocks to buy and sell to gain a profit from the share price although that can be done. 2) In the RL stocks pages there are loads and loads of companies which either don't give dividends or which provide dividends so low as to be insignificant. These are growth companies which put profits back into the company and so the company basically grows as does its assets. With these stocks you buy and sell to gain a profit on the share price alone. With all stocks, if there are a lot of shares for sale and not enough buyers the share price will go down because the buyer can bargain for a better price. On the other hand, if only a few shares are for sale and a lot of buyers want to buy them the share price will go up because the seller can bargain for a better price. Two things can be seen from this: 1) If you want to hold on to your shares and get a profit from dividends, invest in a fund or trust which has a past record of a stable price and good dividends. 2) If you don't want the share price to go down don't sell them in large quantities. If you want the share price to go up hold on to your shares and don't sell them. All shares can go down, sometimes a long way as we have seen both in RL and SL but they will eventually return to their net asset value, i.e. roughly the net assets the company owns divided by the number of shares. As Intlibber says, his job is to make sure his company grows and the net Asset value grows with it. The share price is governed by the market, the sellers and the buyers of shares. In short the shareholders!!

Oct 22nd 2008, 08:48 Johnny Norwood ACE trader since 2008/09/15	Re: BNT?
	<< BNT has only been public for a year and a half. >> So where is the financials? to be someone that fought for SLEC standards this is kinda like going against it self. Long term investment? explain to me how long a long term investment in SL are? remember that this is not RL, all assets are just data. data that can come worthless any time. so becouse of the risk and the fast change in computer technology there is no 20 year long term investment in SL. any investor with some knowlege about how the technology marked act, woulden't invest in this company at all unless a profit of about 60% in 4 years. << As Profits of BNT Holdings permit it is planned that shares will be repurchased. However a "buyback" is not guaranteed. >> How can this be a good investment at all? you will pay no dividends and you will not guarantee that you will do a buyback? dosen't sounds like an investment, more like giving away money. if you know anything about the marked and human psychology at all, you will see for your self that this is a hopeless investment and the only one earning from this are your self. Please read true what you have written as commments on this thread and then think about what you have written. Sincerly Johnny Norwood

Oct 22nd 2008, 09:18 Andiez Smythe ACE trader since 2008/09/24	Re: BNT?
	I would just like to make it very clear that I am just an ACE trader and not in any way connected with the management of any companies listed on ACE including BNT. I tried to explain that there are different types of shares. Those types of shares referred to in this thread as having a regular dividend to make a small profit are typically associated with funds and trusts and not growth companies such as BNT. Those types of shares which give a good dividend are held for much longer periods due to their price stability which itself is the result of the good dividend. There are such shares on ACE such as KPI currently in IPO.

Oct 22nd 2008, 10:22 Johnny Norwood ACE trader since 2008/09/15	Re: BNT?
	Andiez: my post wasen't pointed at you, but to intlibber. but your right about the 3 different types of stocks in SL (4 if you count the ones in the speculative type) the problem here is that saying that BNT is a value stock, but a value stock in RL and SL have a big diffrence in how long they should run. But my main focus is on his statement that people should do research before they invest in a company, and at the same time says that his company is the largest and best company in SL. Lets look at the research: - BNT have run for 1 and a half year. - Prospectus is outdated, and tells us that we should not expect any buyback or dividends. - Dividends: none, and none planed. - Finances: there are none, so growth, asset and income is uknown - Shareprices: keeps falling, making daytrading difficult and risky. - Communication: close to nothing, other than some empty words. - Updates: close to none. no logs of progress or any monthly or weekly updats. so 10min of research with all the info I could get tells me that the only means of gaining any income at all in this company is true daytrading, but since the shareprices keep falling at a steady rate, and the split is so small, the risk is higher than the return. so the conclution of the research is that this is acctualy one of the worst companies to invest in on the SL stockmarkeds.

Oct 22nd 2008, 13:21 Ashleigh Wade ACE trader since 2007/10/23	Re: BNT?
	That's a little unfair. Actually BNT has now existed for about 2 years, about the same as the SL Capital Markets (Int joined in Sept 06, I joined in Oct 06, WSE first started in about Nov 06, altho Luke rewrote that history). Historically BNT has published financials quarterly, however of late they have been rather lax about publishing them. THIS IS A STICKY POINT INT. If you are to be a market leader then you have to play by your own rules. I do understand the overwhelming amount of work, but it is necessary. I would request the last publish at least be posted at the very least. Prospectus - that would have been updated when BNT listed on ACE I imagine. But just so we are clear - the software of both ACE and SL CAPEX do not allow for prospectus changes once it is locked in the system. This is a problem that both exchanges are working to solve, but it's low on the list for both. I'm not sure what you mean by no communication. Join the BNT group. There have been at least 10 or more announcement over the last week from the BNT staff and a few on the ACE news feed. Same thing for progress updates. However, i agree that there could be more communication on BNT directly. Management's focus seems to be only on ACE and the progress it makes. As far as assets, if your logic is that SL assets are just data then NO SL company is a wise investment. But alas, like was said, this is not RL and therefore shouldn't be treated like RL. To attempt a RL logic with SL investing is a faulty notion within itself. The same protections are not afforded and every SL investment is 100% risky. You win some, you will lose some, and THATS A FACT unfortunately. Even the most stellar of SL public companies have fizzled over time. Know your companies inside and out. To that end - the fact that BNT remains speaks volumes to me. They could sell sims till the cows come home and still be viable with a greater revenue base than a lot of the other SL listed companies. And Intlibber is one of the most active SL figures. BNT staff is the greatest. The sims are one of the best managed. Look, everyone has thier own investment reasoning, objectives and time frames. Also, What's long term to one might not be long term to another. And no one can predict the future, whether 1, 5, 10, or 20 years down the line. And while technology does advance rapidly what's to say that BNT can't ride the edge of that technology and evolve as well? Back to SL assets - If you are looking for a quick asset list check the financial template in the forums, which was actually an old BNT financial report. I've taken the liberty to edit the list with assets that I know don't exist anymore, however there are a lot of assets that aren't accounted for in the list. This is just to give you an idea of the scope: Ancapistan Exchange Building and a majority of ACE itself Kings Park Mall Black Sun Night Club Lorrey Tower Black Sun Tower Stone Brewery Ng Security Region: Magritte Region: Ruwart Region: Babiarz Region: Stephenson Region: Hayek Region: Lorrey Region: Friedman Region:Sorens Region: Rothbard Region: Nolan Region: Badnarik Region: Salamis Region: Jefferson Region: North Region:New Atlantis Region: Bastiat Region: Von Mises Region: Spooner Region: Ron Paul Region: Fletcher Christian Region: Leendert Hasenbosch Region: Russo Region: Sununu Region: Ian Bernard Region: Mark Edge Region: Venture Square Region: Von Nothaus Region: Hospers Region: Charles Bernard Region: Neo Region: Fur Liberty Region: Alexander Selkirk Region: Stone Region: Leykis Region:Stanhope Region: Randi Region: Stossel Region: Jillette Region: Teller Region: Major League Combat Region: John Stark There are also a series of open sims that have recently been purchased. So a little more research is needed, and attention should be paid by management to BNT so everyone knows what the status is. Perhaps a BNT Investor Relations Office is needed so everyone can see for themselves and speak with someone about the company.

Oct 22nd 2008, 15:51 Stray Underwood CEO ESN	Re: BNT?
	Well WieBenIk Beaumont, you feel so strong against BNT's stock but still sit at over 800k shares. Seems almost like your trying to convince others they should get out so you can gain from a drop in price. Or did you forget you said you were dumping?

Oct 23rd 2008, 05:41 Andiez Smythe ACE trader since 2008/09/24	Re: BNT?
	QUOTE Ashleigh Wade: "I'm not sure what you mean by no communication. Join the BNT group. There have been at least 10 or more announcement over the last week from the BNT staff and a few on the ACE news feed. Same thing for progress updates. However, i agree that there could be more communication on BNT directly. Management's focus seems to be only on ACE and the progress it makes." Ashleigh, perhaps you can explain how to join the group. The BNT group joining graphics below the ticker in the Ancapistan building in Venture Square bring up the Ancapistan group information which does not appear to be joinable at this time with no join button being displayed. Similarly, a search for "BNT" results in a few groups none of which including the BNT Investors group are joinable either!!

Oct 23rd 2008, 09:57 Ashleigh Wade ACE trader since 2007/10/23	Re: BNT?
	Well buying land in any of the BNT sims is a sure fire way to get invited :) I'm not sure why the enrollment is not open, but given the large amount of griefers and haters I imagine that it's not open for security reasons (i.e. people joining the group to place particle bombs on BNT owned land). To join the group I would either contact Intlibber Brautigan, Kaddan Yue, Cliff Eclipse, or any of the BNT staff (Duchess Shepard, Saiasunshine Fackler, so on, so forth) who can either invite you or get someone to extend the invite. Historically I know they have invited shareholders by comparing the list to group enrollment. BUT, I think there are now hundreds of holders and the staff is spread thin so this isn't really a plausible project given time constraints. So in short, I would reach out to a BNT Staff member who can help you out and get you an invite.

Oct 24th 2008, 02:02 Mateo Infinity ACE trader since 2007/10/23	Re: BNT?
	Does BNT have value, absolutely I can see a whole bunch of Sims controlled by BNT on the grid map. Do I think the stock price is undervalued, yup. But.... I must implore the administration of BNT and ACE to get some financial reports generated and posted on the website, in accordance with its own rules. One might speculate that the BNT share price might rise if such reports were released on time, to support an investor wanting to well invest. I'm a stickler when it comes to gathering data to support my decisions to spend money in RL, and SL is no different. So as I say does BNT have good value, yes, but show me the documentation to support these statements. That's all I ask, and I know for a fact all some other folks would like too.

Oct 26th 2008, 09:33 WieBenIk Beaumont ACE trader since 2007/10/23	Re: BNT?
	Good discussions, although the share price is still decreasing. It means the shareholders don't trust the return on investment of BNT.

Oct 27th 2008, 01:02 Cliff Eclipse ACE trader since 2007/10/23	Re: BNT?
	Not sure it translate so readily, WieBenik. Trying times for us all. I have bought more shares in anticipation of price per share turning.

Oct 27th 2008, 02:32 Andiez Smythe ACE trader since 2008/09/24	Re: BNT?
	I'm with Cliff on this. When the market is down, that's the time to buy and sit on the stocks until they rise and then sell. I think singling out BNT is wrong because it's pretty clear to all and sundry that several stocks are down.

Oct 27th 2008, 03:15 Mateo Infinity ACE trader since 2007/10/23	Re: BNT?
	Well in my personal case, I have actually been increasing my share holdings for BNT as well. Nor sure about others I'm not picking on just BNT, but the fact remains that all companies BNT included on ACE that haven't kept their financial reports up to date, need to get that taken care of. How else is one to make a proper market decision, plus the exchange does have rules.

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