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AMBR Ambrian

1.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Ambrian Capital Investors - AMBR

Ambrian Capital Investors - AMBR

Share Name Share Symbol Market Stock Type
Ambrian AMBR London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.50 1.50
more quote information »

Top Investor Posts

Top Posts
Posted at 13/8/2011 17:37 by koolio
People: Chasing a richer seam
10/08/2011 Robert Tyerman



One former broker pleased to have switched into mining is Richard Chase, former managing director of Ambrian Partners, who has been running Ethiopian gold hopeful Nyota Minerals since April and recently cheered followers with a new formal resource estimate of 1.5 million oz of gold at the company's Tulu Kapi gold project in Ethiopia.

Ambrian has recently been contending with bids for control, activist investors and personality clashes and has been a scene of 'stress and strife', says Chase, who clearly finds his new role more congenial.

AIM-quoted Nyota, an Australian-based AIM counter which began its quoted life as gem flop Dwyka Diamonds, has had its own upheavals, though these have had a positive outcome, insists Chase. With former chief executive Melissa Sturgess still in the chairman's role, Chase adopted a new approach to developing the Tulu Kapi resource and grades, which have been improved to a (still modest) 2.84 grammes a tonne, and hopes to have a bankable feasibility study ready within 12 months.

Nyota is looking at 20 other targets in a 20 km radius of Tulu Kapi and Chase has talked to '14 investment institutions in a week'. Having spent 11 years at Ambrian, 'I know most of the players in the City', he reflects, and, having previously been a mining geologist at African gold group SAMAX when it was taken over by Ashanti Goldfields, he understands African mining, too.

Now 'back where I came from' and 'enjoying putting my geology back to work', Chase says recent events at Ambrian – whose boss Tom Gaffney left earlier this year – show that 'activist shareholders', such as non-executive director Julian McIntyre, can be (unintentionally) 'detrimental'.

He recalls it was clear that certain key players were not going to work well together, stressing 'some forget that broking is all about people'.
Posted at 27/6/2011 11:14 by tiswas
Well I used their investor relations page to e-mail them asking whether they intended to do anything about the share price discount to cash and TNAV.

Despite a follow up mail they have not bothered to even acknowledge my communication let alone respond to it which confirms my thoughts that this is a company run for the benefits of its employees and not its shareholders.
Posted at 28/2/2011 10:41 by martylangan
Ambrian acts as NOMAD and broker to Energetix's £2.5 million fundraising
22 February 2011

Ambrian Partners Limited ("Ambrian"), a wholly-owned subsidiary of Ambrian Capital plc, is pleased to announce that it has acted as NOMAD and broker to the conditional £2.5 million placing with institutional investors announced today by Energetix Group ("Energetix").

Energetix has three businesses with cost-effective products to meet the growing global demand for alternative energy, focused on distributed generation, energy storage and energy efficiency. The funds raised will be used to accelerate the commercial development of both Genlec and Pnu Power, and for general working capital purposes.

The placing is conditional upon the passing of a special resolution at a General Meeting of the Company on 14 March 2011.

Richard Chase, Managing Director of Ambrian Partners, said:

"I am delighted that we have successfully completed this important fundraising for Energetix, raising financing from new and existing institutional shareholders to enhance the Company's commercial development. This deal is another example of the efficacy of our specialist approach to the Cleantech sector and the third 'clean technology' related fundraising by the team since October 2010."
Posted at 17/2/2011 10:40 by koolio
17 February 2011.

No love lost in the world of stockbroking between Andrew Monk and Tom Gaffney, it seems.

Monk, formerly of Oriel and Blue Oar, runs a broking outfit called VSA Capital which is keen to buy rival broking house Ambrian, run by Gaffney. But Gaffney claims he has received no offer or approach from Monk. For his part, Monk claims Gaffney refuses to take his calls but after reports of his interest emerged elsewhere in these pages this week, he made his interest known through a Stock Exchange announcement. The key to it all will be Ambrian shareholders Rick Rule - the San Diego-based investor - and Julian McIntyre's MWB Capital. Watch this space.

* Gaffney and Monk have previous. City Spy hears Gaffney despatched one of his top brass, Malcolm Freeman, to find a buyer for Ambrian's London Metals Exchange futures and options brokerage business. When Monk expressed an interest, Freeman told Gaffney who apparently exploded with words to the effect of "I'm not selling anything to that man!" The division is now being shut down instead.
Posted at 12/2/2011 16:47 by koolio
Nice to see the share price rise to a 12 month high, it still has a long, long way to go.
I agree whole heartedly it's an attractive share with something for everyone.
Yield, Value, Growth, hot sector exposure, barriers to entry.
I would like to see them start a physical ETF for Copper, IMO that would drive up the company profile and introduce a new revenue stream. I think that there would be a lot of demand from investors like me who don't get exposure to stocks or commodities via spread-bets.

I have the IC article from 23/09/2010 where they write "The group's investment portfolio, which concentrates on equities and derivatives in the mining and energy sectors, did rise in value." That comment was about the 1st half of 2010, in the 2nd half I believe that the same strategy will have resulted in a massive return on investment. Look at Weatherly, Archipelago, Kalahari from August onwards, I'm not pretending to know what AMBR hold in the portfolio but I feel it is a fair assumption that it will have grown by a lot more than the market index.

If there is anywhere we can find out what they hold I would be very grateful if you can point me that way so I can run some numbers.

Incidentally, If anyone wants to post some extracts from the IC story I would be delighted, I live overseas and it will take me 10days to get a copy.

Thanks and good luck.
Posted at 04/2/2011 05:36 by koolio
So, do you think that it's the "Financial Services" label that's frightening investors away?
Don't misunderstand, I like a quiet board and the opportunity to buy more Ambrian shares. However I had imagined that share price would be closer to 40p by now.
As I believe I pointed out in a previous post copper price has risen about 50% from May 2010 yet Ambrian share price trades at the same level or thereabouts.
While there are many who would correctly argue that Ambr have no direct link to copper price rise I believe that they have benefited on the premiums charged.
They need to come out with some good announcements and raise the share price or they will find themselves as a bolt on for bigger name.
Posted at 15/12/2010 09:21 by nwankwokanu2
Just came across this...........Interesting.



Online PR News – 13-December-2010 –Lee Byers announced today its purchase of a 9.10% stake in Ambrian Capital plc (Ambrian Capital) (AIM: AMBR), forming a strategic business relationship between the two organisations. Ambrian Capital is an independent investment bank listed on the Alternative Investment Market (AIM) of the London Stock Exchange. Lee Byers's investment in Ambrian Capital will be made through a purchase by its wholly-owned subsidiary, Lee Byers Securities Limited, of a total of 9,806,250 Ambrian Capital ordinary shares at a price of 60p (equivalent to approximately MYR$3.55) per share, which amounted to a total consideration of £5,883,750 (equivalent to approximately MYR$34.8 million).

After the share purchase, Lee Byers will own 9.10% of Ambrian Capital's outstanding ordinary share capital (excluding shares held in Treasury). Mr. Justin Lee, Group Chief Operating Officer of Lee Byers said, "Lee Byers is actively looking for opportunities to expand its business into new markets and provide more valuable services to its clients." Ambrian Capital offers a full range of corporate financial services which includes AIM listings, and has proven expertise in natural resources and new technologies sectors. Mr. Tom Gaffney, Chief Executive Officer of Ambrian Capital said, "We welcome Lee Byers as a shareholder and look forward to building our ties with them. We view our link with Lee Byers as an important opportunity to participate in the phenomenal growth that's happening in Asia." Lee Byers and Ambrian Capital have agreed to cooperate in the following business areas in the future: Corporate Finance & Advisory Lee Byers will work closely with Ambrian Capital to raise capital for Asian companies in the European capital markets with a particular focus on AIM listings on the London Stock Exchange. Fund Management Lee Byers, together with Ambrian Capital, will develop value-added investment fund products that can be offered to clients of Lee Byers in Asia as well as investment products with an Asian focus managed by SHKF that can be offered by Ambrian Capital to European investors.

Lee Byers can offer Asian industrial and institutional clients access to Ambrian Capital's London Metal Exchange trading/broking expertise as well as provide broker-dealer services in other commodities. "As the Chinese economy industrialises further, the demand for natural resources will continue to grow and will be matched by the continuing increase in consumer wealth which we have seen over the past decade. Together with Lee Byers, we plan to play a role in managing the flow of international investments into China as well as the international deployment of capital by Chinese companies," continued Mr. Gaffney. "Through this strategic partnership, we will have the opportunity to tap into the European capital markets and investors by providing comprehensive international capital market services to our clients, such as AIM listings and commodities trading in the London market," concluded Justin Lee, A proposal will be made for Justin Lee, to be appointed as a non-executive director of Ambrian Capital at its forthcoming Annual General Meeting.

About Ambrian Capital plc Ambrian Capital plc, formerly Golden Prospect plc, is an independent investment bank quoted on the Alternative Investment Market of the London Stock Exchange (Ticker: AMBR) which has three wholly-owned subsidiaries: Ambrian Partners Limited, a corporate finance advisor and stockbroker; Ambrian Commodities Limited, an Associate Member of The London Metal Exchange and a broker-dealer of LME traded metals and precious metals; and Ambrian Asset Management Limited, a specialist investment management business.

About Lee Byers
Lee Byers provides high quality investment products and services that are tailor-made to meet our client's particular requirements. Our reputation has been built over the last nine years on solid values and investment expertise. Our experience and success has established us as one of the fastest growing investment brokerages in the world today. Further information about the Group is available on Lee Byers.
Posted at 27/11/2010 17:34 by koolio
I want to scream about this stock from the rooftops at the moment, It seems a screaming good deal. Even if there was not a 7% yield and a huge discount to NAV it would be cheap. The story here looks positive from every angle.

Extract from Bloomberg NewsNov. 23 (Bloomberg) --

Codelco, the world's biggest copper producer, agreed with two Chinese buyers to raise the surcharge on sales by 35 percent next year, according to two industry officials involved in the negotiations.
The fee, added to the price of metal for immediate delivery on the London Metal Exchange, will increase to $115 a metric ton from $85 this year, said the officials, who declined to be identified because the decision hasn't been made public. China is the world's largest consumer.
Copper, used in cables and pipes, advanced 10 percent this year and climbed to a record $8,966 a ton in London on Nov. 11 as demand led by China outpaced supply and as investors bought commodities to protect their assets. The move by Codelco sets a benchmark and may prompt Freeport-McMoRan Copper & Gold Inc. and Pan Pacific Copper Co. to follow suit. The increase tops gains of 32 percent for Korea and 31 percent for Japan.
"This falls into the higher end of our expected range," said Grace Qu, an analyst at metals advisory company CRU International Ltd. in Beijing. "Codelco seems to be very confident of next year's market," she said by phone today.
Copper will lead a rally in base metals into 2011 as increased consumption cuts stockpiles and weaker currencies spur investment demand for commodities, according to Morgan Stanley.

Here's the best bit.
Ambrian Metals does not speculate on movements in metals prices but generates revenue by charging its clients a market-based "premium" over the metal price for providing them with a consistently high quality product and logistics services.

In 2009, Ambrian Metals handled 246,296 tonnes of physical metals. This included 213,382 tonnes of refined copper which was equivalent to approximately 6.9% of China's total imports of refined copper in that year.
Posted at 18/1/2010 23:40 by baht
Just seen an eMail ref this virtual exhibition which includes Ambrian.
Might be of interest.

Only a few days until the Global Investor Day conference is open on the 19th of January.

Because of its completely online format, there are no travel worries or hassles to attend this insightful conference on investing. What you will get is a unique opportunity to hear from over 75 presenters and a chance to gather key insights.

There's still time to learn more, and register to participate in this FREE event.

Presentations will begin at 9AM GMT with our London based investing topics, and continue throughout the day with the last North American content track going through 4PM EST. See below for a list of presentations, or visit www.GlobalInvestorDay.com for complete details.




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Schedule of Events

Investing in Metals & Mining
Presenter GMT EST
Rio Tinto - Opening Keynote 9:00 AM 4:00 AM
Goldplatt - Gold 9:30 AM 4:30 AM
Ambrian Partners 10:00 AM 5:00 AM
Helio Resources - Africa 10:30 AM 5:30 AM
Premier Gold Mines - North America 11:00 AM 6:00 AM
Barclays Capital 11:30 AM 6:30 AM
Geodex - Tungsten 12:00 PM 7:00 AM
Duluth Metals - Platinum Group Metals 12:30 PM 7:30 AM
Fair Trade Gemstones 1:00 PM 8:00 AM
World Bank/IFC 1:30 PM 8:30 AM
London Stock Exchange 2:00 PM 9:00 AM
NOVAGOLD 2:00 PM 9:00 AM
Pacific Booker Minerals Inc Keynote 2:00 PM 9:00 AM
Ernst & Young 2:30 PM 9:30 AM
Goldcorp Inc. 2:30 PM 9:30 AM

Agnico-Eagle Mines Ltd. 2:30 PM 9:30 AM
Dynamic Materials Corp. 3:00 PM 10:00 AM
Richmont Mines Inc 3:30 PM 10:30 AM
Fronteer Development Group Inc. 4:00 PM 11:00 AM
Silvercorp Metals Inc 4:30 PM 11:30 AM
MAX Resource Corp. 5:00 PM 12:00 PM
Thompson Creek Metals Co. Inc. 5:30 PM 12:30 PM
Endeavor Silver Corp 6:00 PM 1:00 PM
Mickey Fulp 6:30 PM 1:30 PM
Aurizon Mines 7:00 PM 2:00 PM
Silver Wheaton 7:30 PM 2:30 PM
IAMGOLD 8:00 PM 3:00 PM
Solitario 8:30 PM 3:30 PM
Posted at 30/3/2009 07:57 by washbrook
Investors Chronicle article here:-

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