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AMBR Ambrian

1.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ambrian LSE:AMBR London Ordinary Share GB0003763140 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 1.50 1.25 1.75 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Ambrian Capital Share Discussion Threads

Showing 1351 to 1372 of 1500 messages
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older
DateSubjectAuthorDiscuss
11/2/2011
15:27
"Good write up in the IC today calling this in the Bargain portfolio for 2011!"

Looks Like time to sell then, Never Had a share that hasn't been cursed by a IC Tip!!!

twix2
11/2/2011
13:14
Good write up in the IC today calling this in the Bargain portfolio for 2011!
martylangan
11/2/2011
13:13
I'm no expert on technical analysis, but I think this one is hard to call!
trader351
11/2/2011
12:09
If there are any chartists out there - is this the start of a 'cup and handle' formation?
davebowler
04/2/2011
05:36
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.

koolio
03/2/2011
22:41
Agree Koolio. Profitable business here with a fantastic margin of safety. Two cracking paragraphs below from recent statements.

Basically, for 30p a share you're getting 32.5p of assets and a profitable business giving a 5% dividend.

"Profits before tax and share-based payment charges for the year are expected to be substantially ahead of the GBP1.82 million estimated in the Trading Update issued on 7 December 2010."

"Net asset value per share at 31 December 2010 is expected to be not less than 32.4p as reported at 30 June 2010."

martylangan
03/2/2011
16:29
I am still surprised that the share price has not gone further.
AMBR are on both sides of the metals trade as far as I can understand. They benefit from the metal/copper price rise in the dealing of the metals and they benefit from taking the mining companies to the market and raising funds for them.
I personally had my most successful investment period ever in the last quarter 2010 primarily due to my exposure to small cap aim miners and drillers. So I am hopeful that the investment arm of Ambrian "Principal investments" have been able to achieve a similar return on the portfolio. I am therefore expecting the NAV of each share to far exceed the mentioned 32p.
The yield of 5% gives me security that I can happily and safely park some funds here while I search for other faster growth investments without losing to out to inflation.
Love the margin of safety and I am happy to hold and accumulate.
GLA.

koolio
02/2/2011
14:24
12:49, Wednesday 2 February 2011

Copper rose to record highs close to $10,000 a tonne after economic data showed recovery in the US could push up demand amid supply shortages, which could be made worse by giant Cyclone Yasi in Australia which threatens to temporarily inflate world sugar, copper and coal prices.

martylangan
01/2/2011
14:56
1st February 2011


Analyst: Derren Nathan
Email: derren.nathan@gecr.co.uk
Tel: 0207 562 3671

Ambrian Capital* - Further enhancement to 2010 earnings guidance. Reiterate Strong Buy with a target price of 50.2p
Key Data

EPIC

AMBR

Share Price

27.5p

Spread

26.5p - 28.5p

Total no of Shares

106.92 million

Market Cap

£29.4 million

NMS

6,000

12 Month Range

19.75p - 31.75p

Market

AIM

Website


www.ambrian.com

Sector

General Financial

Contact


Tom Gaffney - CEO - 020 7634 4700

Ambrian Capital, the specialist natural resources investment banking group, has today announced a second positive trading update in as many months. Profits before tax and share-based payment charges for the year are expected to be substantially ahead of the £1.82 million estimated in the Trading Update issued on 7th December 2010.

We are therefore upgrading our full year pre-tax estimates to £2 million (£1.4 million) post share based payments. Our 2011 estimates have also been raised to £3.4 million (£3.2 million). It is worth noting that for 2011 onwards our forecasts assume no gains on the company's investment portfolio. However, Ambrian's track record of successful portfolio management continues unabated and the company today reports continued growth in the value of the principal investment portfolio. We therefore envisage further upside potential from this division going forward.

Ambrian's recovery from its first half losses is a testament to management's focus on swift cost cutting measures, and the ability of Ambrian Partners to leverage its position as a best in class corporate finance and equities house. Further to the trading statement of 7th December Ambrian has today confirmed an uplift in fund raising activity in the last quarter. In December Ambrian partners acted as broker on a £6 million fund raising for Oilex, joint broker on a £41.8 million placing for Kalahari Minerals, and as Nominated Advisor to the AIM IPO of Ferrum Crescent following a successful £10 million fundraising.

While we view the macro-economic outlook with some caution, particularly over copper premiums to which Ambrian Metals is exposed, Ambrian has entered 2011 carrying considerable momentum. Furthermore, the company's efforts to diversify its earnings streams, offer some downside protection. Ambrian Energy (physical biofuels trading) which only launched in 2010 is expected to make a positive contribution this year.

Ambrian has guided that its Net Asset Value per share at 31st December 2010 will not be less than 32.4p. The withdrawal from its LME Futures and Options business will free up capital to support activities which offer a higher return. Despite the steady flow of good news, the shares are still trading at least at a 15% discount to NAV. When you couple this with a current year PE rating of under 10x, and a dividend yield of 5.5%, this makes for a compelling investment case. We reiterate our strong buy recommendation with a target price of 50.2p.

davebowler
01/2/2011
13:46
loooovellyy x
maty
01/2/2011
10:28
Ambrian is pleased to report that trading conditions continued to be favourable for the Group for the year ending 31 December 2010. Profits before tax and share-based payment charges for the year are expected to be substantially ahead of the £1.82 million estimated in the Trading Update issued on 7 December 2010.
davebowler
01/2/2011
08:27
Positive trading update on results for y/e 31 Dec 2010 compared with update issued on 7 Dec that forecasted PBT of £1.82 million




You do have to wonder about the accuracy of their forecasting, though some of the overage is due to year end rally in value of investment holdings.

campbed
25/1/2011
16:10
Picked up a few more shares here today:
The following is from an article on Bloomberg, the full article is available at:



After a year when U.S. President Barack Obama signed a law curbing risk-taking on Wall Street and pay at banks fell, metals traders are reaping bonus bonanzas.

The traders probably earned as much as 20 percent more last year than in 2009, with the most-profitable getting $2 million to $3 million, said Peter Henry, head of front-office search at Commodity Search Partners Ltd. The figure, confirmed by three other recruiters who declined to be identified because they aren't authorized to speak publicly, compares with no change to a drop of 10 percent in pay across commodities personnel.

"Metals traders are an exception when there's pressure on banks to cut remuneration," New York-based Henry said. They "are making more money than other parts of the banks and the bonuses reflect that to some extent," he said.

Metals traders are setting up for another banner year, with Barclays Capital predicting shortages and higher prices in copper, nickel and tin. Average pay across JPMorgan Chase & Co.'s investment bank and Goldman Sachs Group Inc. fell last year and Morgan Stanley cut its investment bank's compensation pool, filings showed last week. The Dodd-Frank Act signed in July seeks to stop compensation that spurs too much risk-taking.

koolio
06/1/2011
16:46
Did the company say anything more about current trading or give off any vibes ?
Did they refer to it as a scam or are those your own words, Just wondering.
I would have referred to it as a hoax or as misinformation. A scam implies that it was a dishonest scheme or a fraud.
It wasn't exactly a "news release" either, it was just gossip from the bulletin boards.
I'm very happy to hold Ambrian.

koolio
05/1/2011
16:43
I spoke to the company. The 60p placing news release was a scam.
adam
05/1/2011
15:40
Does Ambrian still hold any Kalahari shares?
martylangan
05/1/2011
13:24
Definitely... and with a good dividend.
Sometimes takes time for these things to catch on. When it does get rerated though Im sure we will see min of 32.5p (which will be the NAV) plus you will then get the earnings power and dividend of 6.7% thrown in for good measure!

martylangan
05/1/2011
12:39
It must be cheap at these levels..
gardenarc
05/1/2011
12:37
Still going nowhere, surely Ambrian are still holding some miners that are going through the roof atm, why are we seeing nothing here? Even SVE has managed to rally a bit recently, yet nothing from this one, strange. It behaves a bit like RAB.
traderabc
28/12/2010
19:33
I don't get why it doesn't rocket:
All the news is positive, The following is from a statement by R. Chase on December 10, 2010, referring to the Oilex fund raising.
"This is the latest of a number of successful fundraisings in which Ambrian has acted as broker and NOMAD, raising in excess of £511 million to date on behalf of clients in 2010."
Ambrian announced that they had helped to raise another £51 million in the 5 days following that statement.
Happy to hold & continue to accumulate.

koolio
28/12/2010
19:08
why is this not rocketing....salaries too high? run for the management or the shareholders?
maty
17/12/2010
18:42
I've been wondering why the price has been rocketing then knocked for 6 - I guess the big question is whether or not the Rule Trust has finished or not?

Seems odd to me that they've sold, what with the great dividend which I think is unlikely to be reduced.

I'm still thinking of adding to my holding but think waiting for a bit might be in order.

jfishy55
Chat Pages: 60  59  58  57  56  55  54  53  52  51  50  49  Older

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