Share Name Share Symbol Market Type Share ISIN Share Description
Amedeo Res LSE:AMED London Ordinary Share GB00BZ0XVY42 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +1.00p +3.92% 26.50p 25.00p 28.00p 26.50p 25.50p 25.50p 116,669.00 16:17:51
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.1 -2.6 -8.0 - 8.65

Amedeo Res Share Discussion Threads

Showing 2376 to 2399 of 2400 messages
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DateSubjectAuthorDiscuss
19/1/2017
20:58
Thanks howdlep for that info.Always nice to see cash generating assets onboard.
oilbuy
19/1/2017
17:49
I like the sound of today's RNS; makes perfect sense. This MGR business is really looking increasingly progressive, and should provide healthy returns looking long term. A ready supply of copper, to compliment the Iron ore. Only a week or so ago(as mentioned on LSE discussion site) I was wishing AMED would look into investing into another project(for some other revenue fix) I hadn't realised it would be so soon! With this outlay(with option to increase) and the recent loan to MGR once again, they must be confident of Rig sale monies to 'top-up' their bank balance/sheet too. Suddenly looking a brighter future here. Someone took a cheeky nice 41K there, before close. Onwards and upwards!
davethechef
19/1/2017
16:23
Great news for MGR Resources, which of course AMED have a 49% stake
howdlep
19/1/2017
16:22
Thursday 19 January, 2017 Amedeo Resources PLC Acquisition of 2.5% stake in Copper Mine RNS Number : 6567U Amedeo Resources PLC 19 January 2017 19 January 2017 Amedeo Resources PLC ("Amedeo") Acquisition of 2.5% stake in Copper Mine Amedeo is pleased to announce that it has acquired a 2.5% stake in Ganjine Kani Company ("GKC") for US$500,000, a copper mining company close to the city of Mashhad in Iran. As part of the transaction, Amedeo has a 5-year option to acquire a further 5% of GKC for US$2 million. GKC is a producing miner. GKC also has the required infrastructure to produce copper concentrate from ore. To date, around 1 million tonnes of ore has been extracted by GKC which contains, on average, 0.9% copper. GKC has three mines. Iranian studies estimate that the producing mine alone may have at least 6.5 million tonnes of copper ore with a 0.9% average copper content. The extent of the ore and its copper content has yet to be confirmed to international standards. GKC has been selling copper concentrate into Asia, including China. MGR Resources PTE Ltd ("MGR"), which trades and brokers iron ore and in which Amedeo has a 49% stake, intends to work with GKC to increase GKC's supply of copper into East Asia and China. Glen Lau, Chief Executive Officer of Amedeo said "We are pleased to have made this acquisition which will allow MGR to widen the commodities it trades and brokers and, at the same time, give MGR a captive supply of copper."
howdlep
19/1/2017
08:44
Early buyers, this is about to move higher
howdlep
19/1/2017
08:04
Share price now above MA50. Next step a move above 28p, then we can target 40p and 80p. free stock charts from uk.advfn.com
howdlep
18/1/2017
20:14
Admittedly the continued growth in U.S shale will have an effect to dampen 'things' but these very recent articles suggest positivity returning for oil demand/projects; hxxp://oilprice.com/Energy/Crude-Oil/25-Trillion-Investment-Needed-To-Meet-Future-Oil-Demand.html hxxp://oilprice.com/Energy/Crude-Oil/Oil-Could-Rise-Further-On-Stronger-Asian-Crude-Demand.html hxxp://oilprice.com/Energy/Crude-Oil/The-Rebound-Is-Here-Megaprojects-Back-On-The-Table.html
davethechef
18/1/2017
19:44
oilbuy, Well while our customer secures rig financing, good to see another Keppel jack-up rig has found a new customer. Note, that a "corporate guarantee will be issued by the guarantor to secure the purchaser’s obligations under the sale contract." It also states, again in relation to that other rig, that "following Parden’s failure to take delivery of the jack-up rig and make payment for the balance 80% of the contract value, KFELS discussed with the guarantor of Parden’s obligations under the construction contract and entered into a settlement agreement with the guarantor." I would be interested to know what percentage our JV have already received for our rig. Also given the standard guarantors with orders of this size, I have no concerns re our customer securing financing or a replacement purchaser being found. We will be covered re any delay/variation. Http://tinyurl.com/zpdfsdn
howdlep
18/1/2017
19:00
Just need to sell a rig. What's the calcs on interest roll up. Is it eating potential profit ?
oilbuy
18/1/2017
15:39
Well worth remembering what Nicola Duke said on 30/12, i.e. fib support c19.6p, clear 28p for 40p, target 80p:- Https://pbs.twimg.com/media/C06v8Y1XEAATLX8.jpg:large
howdlep
18/1/2017
15:18
As we know, with the top four shareholders holding 81% of the shares, there are so few remaining for the market makers to fill any decent buy order. Hence why the share price often rises (or falls in reverse) with each trade. Http://amedeoresources.com/en/content/8-investor-information/21-significant-shareholders
howdlep
18/1/2017
13:26
Nice intra day reversal following the drift down on low volume. Now let's see if it moves up on higher volume over the coming days, as that would be very bullish.
howdlep
16/1/2017
18:44
Iron Ore demand https://www.bloomberg.com/news/articles/2017-01-16/iron-ore-extends-rally-into-2017-after-subduing-bears-last-year
davethechef
14/1/2017
17:09
Whilst we await the elusive Rig sale; globally the demand for Offshore Oil drilling should return hxxp://oilprice.com/Energy/Crude-Oil/New-Data-Points-To-Rebound-In-Offshore-Oil.html
davethechef
12/1/2017
12:18
With thanks to DShox over on LSE bb:- China's Ministry of Industry and Information Technology has posted on its website, a policy that urges shipbuilders to actively seek acquisitions abroad, amid weak oil prices and freight rates that led to a decline in demand for vessels and rigs worldwide, so they can build and develop more offshore equipment. This adds to previous proposals that included selecting 51 yards worthy of policy aid and promoting a move into building offshore rigs.
howdlep
11/1/2017
21:32
DaveTheChef, Many thanks for that link Http://www.qatarinvcorp.com/other-investments/
howdlep
11/1/2017
20:55
A reminder of MGR's business taken from QIC, a couple of years ago(today's loan enabling further growth; to show in next couple of Results I expect) hxxp://www.qatarinvcorp.com/other-investments/
davethechef
11/1/2017
15:27
News! Amed loan to MGR to take advantage of their iron ore etc opportunities. All positive I guess as MGR grows and Amed benefits. Hopefully next need re update on Rig
davethechef
11/1/2017
15:22
Excellent news, AMED provides loan facility to our 49% owned MGR Resources in order to take advantage of the increase in commodity prices. So we benefit from the loan interest and potential profit. Loan facility provided to MGR Resources Pte Ltd RNS RNS Number : 9390T Amedeo Resources PLC 11 January 2017 11 January 2017 Amedeo Resources PLC ("Amedeo") Loan facility of US$800,000 provided to MGR Resources Pte Ltd ("MGR") Amedeo has made available to MGR Resources Pte ("MGR") a loan facility of US$800,000. The facility bears interest at 10% per annum and is intended to be used for working capital. The iron ore price has been rising since its lows (around US$38 per tonne) at the end of 2015 and now is over US$70 per tonne. This rise has led to increasing opportunities in the iron ore market which MGR intends to take advantage of. MGR has an existing US$400,000 loan from Amedeo. ENDS
howdlep
11/1/2017
08:17
More positive technical analysis Amedeo Resources PLC forms bullish "Triple Moving Average Crossover" chart pattern Https://site.recognia.com/recognia_news/serve.shtml?page=event&eid=UKvwiqAASZ9QPqgAJAAmACQAACJg&lang=en
howdlep
04/1/2017
12:23
Good to see new technical analysis for AMED:- Http://hotherald.com/rsi-watch-on-shares-of-amedeo-resources-plc-amed-l/78601/ Let’s take a closer look at some technical levels for Amedeo Resources Plc (AMED.L). The 14-day RSI is presently at 52.71, the 7-day is 53.03, and the 3-day is spotted at 66.15. The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of stock price movements. The RSI was developed by J. Welles Wilder, and it oscillates between 0 and 100. Generally, the RSI is considered to be oversold when it falls below 30 and overbought when it heads above 70. RSI can be used to detect general trends as well as finding divergences and failure swings. Let’s check on another technical indicator. At the time of writing, the 14-day ADX for Amedeo Resources Plc (AMED.L) is 40.03. Many technical chart analysts believe that an ADX reading over 25 would suggest a strong trend. A level under 20 would indicate no trend, and a reading from 20-25 would suggest that there is no clear trend signal. The ADX is typically plotted along with two other directional movement indicator lines, the Plus Directional Indicator (+DI) and Minus Directional Indicator (-DI). Some analysts believe that the ADX is one of the best trend strength indicators available. Investors may be studying other technical indicators like the Williams Percent Range or Williams %R. The Williams %R is a momentum indicator that helps measure oversold and overbought levels. This indicator compares the closing price of a stock in relation to the highs and lows over a certain time period. A common look back period is 14 days. Amedeo Resources Plc (AMED.L)’s Williams %R presently stands at -65.12. The Williams %R oscillates in a range from 0 to -100. A reading between 0 and -20 would indicate an overbought situation. A reading from -80 to -100 would indicate an oversold situation. In terms of CCI levels, Amedeo Resources Plc (AMED.L) currently has a 14-day Commodity Channel Index (CCI) of -10.12. Investors and traders may use this indicator to help spot price reversals, price extremes, and the strength of a trend. Many investors will use the CCI in conjunction with other indicators when evaluating a trade. The CCI may be used to spot if a stock is entering overbought (+100) and oversold (-100) territory. Amedeo Resources Plc (AMED.L’s current 14-day RSI is at 52.71, the 7-day is 53.03, and the 3-day is seen at 66.15. The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the stock may be oversold. Traders may use these levels to help identify stock price reversals.
howdlep
03/1/2017
11:25
Looks like we are going to test that 28p pretty soon...
howdlep
03/1/2017
11:25
GO GO HORSEY !
chinese investor
03/1/2017
11:24
AMED: currently 25/29p Excellent chart analysis from Nicola Duke, highlighting a possible consolidation around 19.6p support, before a retest of 40p. Target 80p. Note, that a break above 28p confirms the low is in:- Http://tinyurl.com/h2uvns4
howdlep
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