Namasset Nm Share Discussion Threads

[richaims] 11/8/2008 01:07

Two companies which might be ten baggers between now and the end of the year are:

1. Tanfield (TAN) : current share price = 10.00p.

2. NetPlay TV (NPT) : current share price = 26.25p.

Reason : Both are undervalued in my opinion.

Well worth researching.

[beeltee] 29/7/2008 13:12

Talking of GOLD take a look at this Broker note on AIM listed Cambridge Mineral Resources PLC [CMR]



Conclusion

We believe the current market valuation of CMR of less than £4million, does not reflect the true potential of the company. The gold mining operations, although on the smaller side, will be highly profitable. Using the company's estimate of 15,000 ounces per year, the company will generate revenue of US$14m per year (using a gold price of US$935/ounce) with costs expected to be one third of that number. The mines are small underground mines, but close to the surface and simple to operate. It is an old adage in the mining industry, that the three most important factors in underground mining are grade, grade and grade. The reality is their delivered grade is the single most important factor in mine profitability. The delivered grade at Quintana should be high, a high grade in a 1m width vein, which will result in high profitability.
The Quintana model will be easy to replicate – there are a number of potential targets in the area. Quintana and the next two mines are financed via the BlueCrest loan. So we believe the company's interim target of 3 new producing high-grade gold mines in Colombia by the end of next year is very achievable. If that transpires, the company will have revenue of over US$40m per year, using the current gold price, and should be very profitable.

For us however, the real potential value does not lie in the production units, but in CMR's exploration potential. Colombia is a mineral rich country, with a limited amount of large scale exploration. Junior exploration projects have been limited due to the country risk. But we believe this is in the process of being reduced and we see CMR as having the first mover advantage. Exploration is at an early stage but the potential is massive. Given the company's experience and the fact that they are established in the country, with a number of high potential exploration targets, we believe the current valuation is way too low.

CMR share price is discounted because of their history of exploration in Europe. Those projects are in the process of being vended out to third parties, and CMR intend to focus on the new area of the North of South America. We believe the exploration portfolio alone exceeds the current market value. The small, potentially highly profitable gold mines are in the mix at zero value.



Full broker note here

[beeltee] 29/7/2008 11:33

Talking of GOLD take a look at this Broker note on AIM listed Cambridge Mineral Resources PLC [CMR]



Conclusion

We believe the current market valuation of CMR of less than £4million, does not reflect the true potential of the company. The gold mining operations, although on the smaller side, will be highly profitable. Using the company's estimate of 15,000 ounces per year, the company will generate revenue of US$14m per year (using a gold price of US$935/ounce) with costs expected to be one third of that number. The mines are small underground mines, but close to the surface and simple to operate. It is an old adage in the mining industry, that the three most important factors in underground mining are grade, grade and grade. The reality is their delivered grade is the single most important factor in mine profitability. The delivered grade at Quintana should be high, a high grade in a 1m width vein, which will result in high profitability.
The Quintana model will be easy to replicate – there are a number of potential targets in the area. Quintana and the next two mines are financed via the BlueCrest loan. So we believe the company's interim target of 3 new producing high-grade gold mines in Colombia by the end of next year is very achievable. If that transpires, the company will have revenue of over US$40m per year, using the current gold price, and should be very profitable.

For us however, the real potential value does not lie in the production units, but in CMR's exploration potential. Colombia is a mineral rich country, with a limited amount of large scale exploration. Junior exploration projects have been limited due to the country risk. But we believe this is in the process of being reduced and we see CMR as having the first mover advantage. Exploration is at an early stage but the potential is massive. Given the company's experience and the fact that they are established in the country, with a number of high potential exploration targets, we believe the current valuation is way too low.

CMR share price is discounted because of their history of exploration in Europe. Those projects are in the process of being vended out to third parties, and CMR intend to focus on the new area of the North of South America. We believe the exploration portfolio alone exceeds the current market value. The small, potentially highly profitable gold mines are in the mix at zero value.



Full broker note here

[gluefactory] 18/4/2008 09:42

Think you might find some of the ten baggers for 2008 are way ahead.....

[gluefactory] 05/3/2008 09:44

Might it be an idea to show the top ten forecasts on a monthly basis,so anyone can see how they are performing against other risers/fallers?

[krishall] 17/2/2008 18:12

I hope no one nominated NRK.?

[peanut farmer] 05/2/2008 13:32

KNOWING You seem to have some crazy people following you around, would it have anything to do with your share tips, the ones you started this thread with haven't done very well?

WLW Down 10%
ERX Down 20%
RAF Down 30%
CSV Down 20%
EXC Level

You say your sending a bottle of wine to the winner, it looks like you will have to send out many bottles by the looks of it.

Do you have any fresh stock tips?

[chimpynosebest] 03/2/2008 23:25

Mr MultiBagger, I'm very interested in your thoughts and comments.

You really do seem to have a brilliant grasp of the market's fluctuations, and this thread's just what I've been looking for.


My name's clive, and I'd like us to be friends.




Chimpy.

[mr multibagger] 27/1/2008 12:05

AIM listed Cambridge Mineral Resources PLC [CMR]

[mr multibagger] 27/1/2008 12:02

AIM listed Cambridge Mineral Resources PLC [CMR]

[mr multibagger] 26/1/2008 17:40

CMR

Sat 26th Jan 2008


"
There was a more positive update from Cambridge Mineral Resources, which stormed up 29.41 per cent to 2.75p as it secured $15m-worth of funding.
"

[mr multibagger] 26/1/2008 17:35

CMR

Sat 26th Jan 2008


"
There was a more positive update from Cambridge Mineral Resources, which stormed up 29.41 per cent to 2.75p as it secured $15m-worth of funding.
"

[0rb1t] 24/1/2008 11:27

China Eastsea - A fast growing Chinese IT Outsourcer (CESG)

China Eastsea Business Software (CESG) is an IT outsourcing service
provider for the petrochemical, power, telecommunications and government sectors in China.

CEB was formed via a management buyout of Zhenhai Refining and Chemical
Company Ltd (ZRCC) IT department in 2003. ZRCC is a subsidiary of Sinopec which is one of China's leading petrochemical enterprises. CEB has an exclusive 20-year IT outsourcing agreement with ZRCC. Through organic growth and acquisition, the Group now has eight offices located in Ningbo, Beijing, Hangzhou and Zhengzhou. The company has been awarded the Best ERP Application Award in China and was in the Top 500 High Growth High-tech Company of Asia Pacific area by Deloitte. They are an authorized SAP service provider and recognized as a software developer by IBM.

The company plans to increase its exposure to the power and education sectors via the acquisition of Shanghai Time Technology Development Limited ("Shanghai Timetech") and obtaining a 50.1% share of Ningbo Education Industrial Group. In 2008 the company will start working on a 5-year £37m software, consultancy and hardware installation at ZRCC's new Ethylene facility.

The Information Technology Services (ITS) market in China is already estimated to be worth over 12 billion dollars. This is expected growth annually between 38% and 48% over the next five years (according to the information intelligence provider IDC). China Eastsea's vision is to be a global corporation that leads China in becoming a serious alternative to the Indian ITO/BPO market.

Revenue has grown 62% in 2006 and 102% in 2007 to £8.8m. For the last two reporting periods (2007 H2 & 2008 H1) the company made £2.57m after tax for the equity holders (counting back share based payments). The company has £7m in cash and trade receivables giving an enterprise value of £10m (at 24.5p). This equates to an EV/E ratio of just 3.9.

The company could grow T/O by another 100% this year making a EV/E of 2. A fast growing company could justify a rating of 20 equating to a 10 bagger.

[mr multibagger] 23/1/2008 07:29

AIM listed TomCo Energy PLC [TOM]

The following write up is in Oilbarrel today: Good summary for new investors.



23.01.2008

TomCo Energy Seeks Development Position In Israel As It Asks Patience Of US Oil Shale Investors.
It is 12 months since TomCo Energy made its first foray into the oil and gas business. Last January the AIM-quoted company, then known as Netcentric Systems, completed a reverse takeover of The Oil Mining Company Inc, which owned almost 3,000 acres of oil shale leases in Utah, USA. Netcentric became TomCo, rejoined AIM and raised £1.78 million through a placing priced at 2.5 pence.

Oil shale is a long term play. TomCo's leases are reckoned to hold some 230 million barrels of oil but the big challenge is not finding the oil but extracting it in an economic and environmentally-sensitive way. There have been some advances in oil shale extraction, notably by Shell Oil, which reckons its in-situ technology could be economic at oil prices of US$30 a barrel, but for now it remains at the limits of the industry's technological knowhow. TomCo believes this will change over the next decade as huge strategic and commercial pressures force the US to focus on its harder-to-reach domestic oil resources.

Until then, the company has put its oil shale assets on the shelf and will sustain itself in the interim by investing in low-cost, low-risk conventional oil production. The AIM company made its first investment in January 2007 when it spent US$56,000 acquiring a 40 per cent interest in the Flusche oil prospect in Texas. There followed a flurry of other investments as the newly-minted AIM company sought to establish a conventional oil business in the US and cash in on booming commodity prices.

These investments have resulted in a dribble of production, around 16 barrels per day – although at current oil prices every barrel counts. Not all the investments were successful, with leases in Tennessee and New Mexico dropped after disappointing exploration results and while that debut investment, the Flusche, created initial excitement when it started producing around 28 bpd, it later disappointed when output declined to 6 bpd. The company's Rock Crossing well in Texas produces around 8 to 9 bpd and additional offset locations are being considered for future drilling.

Production rose in the second part of the year after the company spent US$972,000 on a 50 per cent interest in the Abel and Saratoga leases that lie some 15 miles apart in south-eastern Texas. Abel covers 100 acres on a salt dome structure and produces some 15 bpd from three wells. TomCo and its 50/50 partner Mark III Energy, which together have an 82 per cent net revenue interest in the project, plan to drill another ten wells over the next two years that should yield initial production of 20 bpd per well. The Saratoga lease is another salt dome structure and is home to six producing wells that together produce 20 bpd. TomCo and Mark III, which have a 97 per cent net revenue interest, plan to drill seven wells over the next two years. This is shallow production, with each well yielding small quantities of oil, but as long as costs can be kept down it's a reasonable business and will help keep the lights on.

Now, one year on from its formation, and the company has made its biggest investment to date, and its first venture overseas. TomCo has signed a letter of intent with New York-based Avenue Group Inc to acquire a 50 per cent interest in the Heletz-Kokhav licence, Israel's only onshore producing field. The 50 million barrel oilfield, which lies 55 km south of Tel Aviv and 12 km from the coast, has produced more than 17 million barrels to date from Cretaceous sands. Production peaked at 3,000 to 4,200 bpd in the 1960s but is today running at around 60 bpd.

TomCo believes there is potential to significantly increase this number by drilling new wells and deploying modern recovery methods. The Israeli Government believes there are 2 million barrels of primary recoverable oil remaining, with the possibility for up to 10 million barrels using secondary recovery techniques. There are also a number of undrilled, deeper exploration prospects on the licence that could yield another 30 million barrels.

TomCo must first turn the LOI into a binding contract. It has around three months to sign a definitive agreement, which will then commit it to paying US$1 million in cash, US$0.5 million in shares and around US$100,000 of Avenue's back costs. TomCo will then pay US$4.5 million of development costs over the first three years of the licence plus a further US$1.5 million to Avenue should production reach 300 bpd, thereby triggering the issue of a 30-year-production lease. It will also pay Avenue US$5 million should the recoverable reserves exceed 10 million barrels. TomCo's chief executive Howard Crosby described Heletz-Kokhav as "highly potential", adding the field will "create new horizons and will be an important investment".

It's a nice diversification from shallow oil drilling in the US and, again, it's low risk: the oil is there, it's just a question of getting it out economically. In the meantime, those oil shale assets remain on the shelf. The big hope for TomCo investors is that technological advances, wedded to political and strategic pressures to produce more domestic energy, gives the US oil shale industry a major push and boosts the value of those currently dormant assets.