Amedeo Res Share Discussion Threads

[howdlep] 31/10/2016 14:29

Now you can't buy online, it's 14.52p to sell 15k

and moving fast. News is coming!!

[chinese investor] 31/10/2016 14:29

Looking Good !
I've Been Quietly Accumulating !

[howdlep] 31/10/2016 14:26

Currently you can sell 15k @ 14.02p, buy 10k @ 15p. Greater than that, you will be paying a premium.

[howdlep] 31/10/2016 12:15

Full ask of 15p paid for 25k. Premium buys coming soon, once volume picks up a touch.

Slowly but surely, the share price ticks up, ahead of that rig delivery RNS. However, do not rule out also, an acquisition with the surplus cash on the balance sheet.

That said, it's a new rig/vessel order that would instantly ensure a huge multiple re rating. Delivery of Explorer 1 will showcase that jv quality.

[knicol46] 31/10/2016 12:08

last traded +13% - on the move

[knicol46] 28/10/2016 10:21

YZJ news.. hxxp://www.shippingherald.com/klaveness-sells-last-kamsarmax-bulker/

[howdlep] 21/10/2016 12:49

Yep only 5k shares available @ 14.98p

Tick up coming...

[knicol46] 21/10/2016 12:05

last traded full offer +7%, currently can only buy low volume - tick up expected

[howdlep] 21/10/2016 11:42

Slow but surely people are becoming aware of the huge re rate that is possible here.

Full 15p now paid, It will not be long before its premium buys only. Just wait until one or more RNS' arrive...

[chinese investor] 21/10/2016 11:07

A day nearer to the Golden Cross !

[howdlep] 21/10/2016 11:03

Close to a Golden Cross and those momentum traders arriving.


free stock charts from uk.advfn.com

[chinese investor] 21/10/2016 08:40

Good work howdlep !

[howdlep] 21/10/2016 08:35

OK so let's look at why the share price will move incredibly quickly on the release of good news. Yesterday, I posted an intra day chart (post 46) relating to January 2014, when there was a huge spike following rumours of a new contract win for AMED. That didn't materialise then, but what if it did?

Shares in issue: 32,653,843

Top 4 shareholders:

Qatar Investments Corporation (66.37%)
Mena Global Investments (9.20%)
Global Tech Investments PTE Ltd (5.28%)
Dune Engineering (5.19%)

Of those 4, Qatar and Global make up the 66.37% classed as not being in the publics hands. However, both Mena and Dune have remained static for a long time.

So let us suppose that rig delivery RNS is released, or an anquisition RNS or even better still, a new rig/vessel contract, What does that mean in relation to the available shares to be traded?

Well let us exclude those top 4 shareholders. That would mean only

32,653,843 x 19.24% available = 6,282,599 shares

The share price would immediately gap up by a multiple on a new contract and then with almost every trade imo.

Even if we only exclude Qatar and Global Tech that would mean only

32,653,843 x 33.63% available = 10,981,487

Well worth considering holding now before any company transforming RNS and that huge gap up imo.

[howdlep] 20/10/2016 21:18

Interestingly W.H. Ireland talk of future $150m rig/vessel orders attracting a 15% attributable profit margin. Personally, in the current climate, I think that is too high. But that would generate AMED profit of:-

$150m x 19% (AMED JV share) x 15% (margin) = $4.275m

Given the forthcoming profit from Explorer 1, plus future MGR revenue, plus possible acquisition utilising cash on the balance sheet, plus nett & total asset values, this is why the current market cap of £4.57m looks ridiculously low.

Hence why we may be at the beginning of a considerable re rating.

[knicol46] 20/10/2016 21:03

due 2016..

The contract value for the Explorer 1 rig was upgraded in July 2013 to $175m

A joint venture, YZJ JV, with Amedeo holding a 46.5% stake, was established. YZJ JV in turn has a 40.0% stake in YZJ Offshore which has an offshore marine construction vessel yard. Amedeo has a 19.0% stake in YZJ Offshore.

current mcap £4m

well undervalue!

[davethechef] 20/10/2016 14:32

BUY, 12 Month Target Price of 75p.

[howdlep] 20/10/2016 12:57

Yep the spike was to a post consolidation equivalent level over 300p!


free stock charts from uk.advfn.com

[knicol46] 20/10/2016 12:51

sp +16% any news found?

[chinese investor] 20/10/2016 12:50

Good points howdlep.

[howdlep] 20/10/2016 12:48

price will go up with nearly every trade. Of course it would do the same when people sell. However, consider the impact of holding when that rig delivery RNS is released, Simply, sit back and watch the mm's trying to acquire stock. How will they do it? Yep by trying to entice sellers. Now look at a pre consolidation, intra day chart when there was a rumour of a new rig order and imagine what an actual order would do to the share price ..

[howdlep] 20/10/2016 11:04

you have to be holding when that rig delivery and/or acquisition RNS' arrive, as there will be a big gap up.

Illiquid, as top four shareholders own 81%. So very difficult to acquire in any decent size.

[chinese investor] 20/10/2016 10:38

Looking Good !

[knicol46] 20/10/2016 10:36

good buys coming in share price +14% current, awaiting news

[davethechef] 18/10/2016 18:12

Greater positivity returning to the Offshore markets?

This report, dated yesterday, would suggest, finally, an increased Offshore Rig activity/demand. Hopefully positivity returning. Continued long-term hold, hxxp://oilprice.com/Energy/Crude-Oil/The-Biggest-Opportunity-Right-Now-In-Oil-And-Gas.html

[knicol46] 18/10/2016 15:57

positive movement - current