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Acacia Mining Share Discussion Threads
Showing 6501 to 6523 of 6525 messages
|Yes - good luck to you too.|
|Fez I agree and have taken a position accordingly, but then again nothing would surprise me with that continent! Let's hope sensible heads will prevail....in the meantime, Gold Price is holding up well IMO, and any further rises should help boost ACA back over a fiver IMO....cheers and DYOR|
|Hi QS - I see you've been "holding the fort" here. I think there will be some action soon because I can't see how it can be in the interests of Tanzanian Govt to keep this situation going for much longer!|
|what a trading share this is, blimey, not blue|
|Gold Price moving ahead nicely now, DOW down, $ down....DYOR but this may set the tone for the week IMO....which is good news IMO for ACA!|
|OK, now it is starting to move....|
|Surprised ACA not benefiting more from sharp moves in GP IMO....also if trumpflation is proving a damp squib then IMO the dollar will come under more pressure and GP will keep motoring North...DYOR|
|Published on 23/03/2017 at 10h05
(Boursier.com) - AlphaValue raised to sell to lighten its recommendation on Crédit Agricole, for a target price increased from 10.50 to 12.40 euros. The consulting firm has revised upwards its profit expectations for 2017 and 2018, based on higher than expected revenues, and on the integration of Pioneer in Amundi.|
|Totally missed that late RNS yesterday.
ACACIA MINING PLC Termination of Discussions with Endeavour Mining
6% off at the open.|
2017 first quarter results
Annual Shareholders’ Meeting
Dividend payment date|
Fourth quarter and full-year 2016 results
2017 first quarter results
Annual Shareholders’ Meeting
Dividend payment date
Second quarter and first half 2017 results
2017 third quarter results|
|dont use this thread and make the one you post your favourite
good luck with your investment|
|Looking for a reasonable day tomorrow, with gold on a spike!|
|Get this thread off the ACA forum and chat!|
|Still ticking up. Nice!|
|Come on my beauty!|
|Credit Agricole picks JPMorgan for Banque Saudi Fransi sale -sources
French bank Credit Agricole has picked JPMorgan to help in a potential sale of its 31 percent stake in Banque Saudi Fransi, valued at nearly $2.4 billion, sources familiar with the deal said. The sale would be an opportunity for a foreign buyer to gain a foothold in the kingdom's banking sector, in which 12 commercial lenders share total assets worth around 2.22 trillion riyals ($592 billion).
Credit Agricole's move comes as banks around the world are shedding minority stakes in other banks as new global rules mean they now have to hold more capital against those holdings.
Credit Agricole and Banque Saudi Fransi declined to comment, while JPMorgan was not immediately available to comment.
The sources declined to be identified because the details of the deal are not public.
Bloomberg earlier reported that Credit Agricole was weighing the sale of its stake in the Saudi lender. ($1 = 3.7503 riyals) (Reporting by Hadeel Al Sayegh, Saeed Azhar and Tom Arnold; additional reporting by Maya Nikolaeva in Paris; Editing by Jason Neely and Alexander Smith)|
|A nice tick back up, against falling gold price. More rise in the share price to come I think.|
|might get back in if gold and copper go up again...took a beating today,seems to happen most mondays|
|No posts today? I find it hard to believe that! Anyway, I have now pitched in to this stock and am confident that the Tanzania problem will be resolved soon. It is in the best interests of both Acacia and Tanzania that it is sorted out ASAP. After that I am confident that it will recover some of its lost share price over the past few days.
Although Jefferies International have downgraded to "hold" with a target price of 475p, Credit Suisse have reiterated "outperform" with target price 600p and JP Morgan Cazenove have reiterated "overweight" at 610p. With the current price at 414p, that looks good to me for a significant rise in the near future - although Tanzania will of course need to be sorted!|
|Looks like a tax evasion thing.
Under Tanzanian mining law and the terms of the Mineral Development Agreements between Acacia Mining PLC and the government any profit made is used to offset the initial investment and therefore during that period the company is not required to pay any corporate tax.
Mr Gordon says in elaborating the issue of profit that "when running a business one needs to first exclude all costs from your income before you can declare a profit - the cost in this case is the initial capital cost that has been invested to develop the mines". "Whilst we make net profits, these are not taxable and our current projections are we aren't due to pay corporate taxes until 2018", he says.
According to Mr Gordon, the fact that the MOU between Acacia and TRA has been signed and has been recognised as a pre-payment by all parties makes it clear that in the TRA's opinion, no corporate tax is currently owed by Acacia and therefore none has been evaded.
In its recent ruling, the Tax Revenues Appeals Tribunal (TRAR) accused the gold mining giant of running a sophisticated tax evasion scheme in the country.
Acacia has since appealed to the Court of Appeal against the ruling asserting that the company's financial reports conformed to international best practices and were audited by global accounting firms and government organisations.|
|Yup. don't disagree, was out due to the GP drift and $ strength ahead of fed decision, but had a few left which I sold on todays RNS, then seemed to be bouncing so caught that now out again for weekend as you say.....shame as it really had momentum, just goes to show.....good weekends...|