Prosperity Minerals Share Discussion Threads

[fft] 12/9/2013 04:59

haha ! after only being told by NW (TDW backoffice) on the 10th that it would take a couple of weeks, the money arrived yesterday (11th). fair play to PMHL/PIHL for getting the money out so quickly.

[tricia51] 11/9/2013 12:40

TD Direct proceeds recd today.

[chemicalengineer] 11/9/2013 07:42

10th Sept with iii was suprised

[fft] 11/9/2013 02:01

Can those who have received funds say who there broker is. Nat west were talking rubbish about having to wait for the custodian until they realised it was crest... IG quoted 4th October until I sent them a copy of the RNs !

Ta.

[celeritas] 10/9/2013 20:54

Immediate target is mid 20s.

The BOD have gone on record to be looking for a monetizing event in 2014.
Really it depends on how Arikaree Creek develops for the eventual take out price, production is steadily growing essentially making it more valuable. Whilst production keeps growing I'll keep holding and adding.

[longsider2] 10/9/2013 20:09

Celeritas,

What's your timeframe and target for Hawk?

Likely to be bought out in the next 12 months?

[dr contrarian] 10/9/2013 19:26

Good to see the funds finally in account, was never 100% there wouldn't be a last minute hitch - and so ends the PMHL story - on to the next one.

[edmundshaw] 10/9/2013 17:30

Me too. Excellent.

[joe say] 10/9/2013 16:39

Ditto - very prompt

NBU and ACHL here we come

[dr contrarian] 10/9/2013 15:29

I take it back ... funds have just arrived in my account.

[dr contrarian] 10/9/2013 14:29

As payment has to be made on or before 16 September 2013, won't be surprised to see the payment go through on the 16th September.

[rearsky] 10/9/2013 10:34

Have any of you received the cash from the tender? shd be starting to hit the accounts soon. I have not yet.

[topvest] 09/9/2013 19:01

Yes, I have a few of them and I think the ratings are too low. Fortune Oil is also an interesting value play.

[dr contrarian] 09/9/2013 16:55

A quick bit of research and some calls can quickly dispel most of the wild rumours about these Chinese companies, same happened with PMHL.

[celeritas] 09/9/2013 16:42

I added to moni and bought hawk. These Chinese companies have so many questions hanging over them, I mean how bad can it be that you actually question if they even exist.
I wanted 150p here but a profit is a profit, Wong eventually got what he wanted.

[dr contrarian] 09/9/2013 16:21

Given that Camkids p/e rating is more than double Naibus, Naibu should outperform Camkids until the rating gap is closer.

[edmundshaw] 09/9/2013 14:40

ACHL has become cheap. But be aware of the issues: Citrus Canker needs proper researching, and the loss of their number one director is concerning...

My opinion. I owned ACHL profitably, but am staying out until the effect of the Canker is clearer.

[rupe1958] 09/9/2013 09:42

Has anyone got a view on the relative strengths of Naibu and Camkids?
They both appear to be profitable and undervalued Chinese companies involved in the same area of business. They seem good candidates for PMHL money, as does ACHL or PIHL.

[davidosh] 08/9/2013 22:38

I think a fair bit of PMHL money may find its way across to Naibu. I am trying to set up a results presentation and trip to China for those who may be interested. At least the board are far more communicative than they ever were here and although I made a profit and gained dividends I cannot say I was confident of doing so until the actual offer to give a cash exit came along !

[dr contrarian] 08/9/2013 21:21

Thanks L A, already have a stake. Like you mentioned, cheap as chips - however you get the full list of Chinese worries, though notice management is taking steps to address any concerns - something which did not occur very often here.

[look alive] 08/9/2013 19:45

Dr. If you can still stand Chinese shares have a look at Naibu. Decent yield and a PE of 2.

[dr contrarian] 08/9/2013 15:26

Just about wrapped up here, on to the next undervalued share - see you all there.