Anglo Pacific Share Discussion Threads

[shaikan not stirred] 20/10/2015 14:03

I am questioning (like many others recently) the reason for your frequent posts here, its very odd behaviour. Have you any other symptoms that the mental health doctor should be aware of.

[rcturner2] 20/10/2015 14:01

lol, my buys and sells are posted for all to see

I notice that you are trying to attack me personally not what I have actually posted.

[shaikan not stirred] 20/10/2015 13:59

Can you explain your reason for posting so frequently upon a stock which you do not own nor it seems you have any aspiration to own in the future. Seems very odd behaviour and leads me to suspect that you did not make a profit as you previously stated, more likely incurred a large loss which is bugging you every day since.

Please clarify.

[rcturner2] 20/10/2015 13:43

If you have been reading this a long time then you would know this topic has been covered many times before.

I have held APF twice before, both times making a profit. Last time I sold it was over 200p.

The thread (at least in the past) is very informative, although it has gone downhill recently.

[shaikan not stirred] 20/10/2015 12:21

I have been browsing this very forum for some time and not commented but having joined today I felt the need to comment. Posters: QuePessa and RCTurn seem to post here very often but it seems they have nothing but negative spin to offer. I therefore am wondering what their intentions or motivation are. Are they invested in this stock and got their timing wrong > Or did they lose out with an investment with AnglO Pacific in the past. I am trying to understand their continued negative presence here.

RSVP

[neilyb675] 20/10/2015 09:49

QuePassa
19 Oct'15 - 08:58 - 7651 of 7653 0 0 (Filtered)
RCTurner2
19 Oct'15 - 16:14 - 7652 of 7653 0 0 (Filtered)
QuePassa
20 Oct'15 - 09:30 - 7653 of 7653 0 0 (Filtered)

[quepassa] 20/10/2015 09:30

The FT is fascinating today on the topic of climate change.

Front page FT news is that President Obama talks to the press about another 68 major companies which have joined the original signatories to the agreement to take more aggressive action against climate change.

The companies include such large and influential global corporates as Nike, Ikea, Johnson & Johnson, Procter Gamble.

The FT continues with an article on Page 10 which includes " Obama hopes that support from companies with a combined market cap of more than $5trillion will boost the chances that the delegates from almost 200 countries can reach a climate accord in Paris...."

Much talk of the anti-CO2 movement picking up real momentum with such large global corporates now adding weight and influence.

The FT continues in a third column on page 17 that the climate change problem is now " receiving serious attention".

Also " There is one other outcome that cannot be ignored. We are slowly beginning to see the energy system move away from hydrocarbons. The timescale may be measured in decades but the pace will pick up if technical advances put real impetus behind the broad commitments that will be made at the Paris conference"



Anyone who believes that there is a bright outlook and positive future for coal needs a reality check in my view.

Paris will change everything for once and for all.

ALL IMO. DYOR.
QP

[rcturner2] 19/10/2015 16:14

chris is so stupid he even welcomes a profit warning

[quepassa] 19/10/2015 08:58

Stompy. Each to his own.

Zoolook. Good luck.


ALL IMO. DYOR.
QP

[zoolook] 19/10/2015 08:08

Thanks QP. I know you have commented that you have traded in and out of APF over the years and was interested to know what price you would re enter but it sounds like no price now. I was drawn to APF when Stephen Bland first wrote about it as a PYAD value play 8? years ago. It was apparent though a couple of years ago that the BOD was changing and so the people that built the business and had the track record in a knowledge intensive concern were on the way out which represented a major risk. When I pointed this out I remember it was given fairly short shrift. I must add I know next to nothing about coal or commodities but a high P/NAV especially with a good dividend always gets my juices going.

No position.

[stompy jones] 19/10/2015 07:51

FAO QuePassa re: post 7644

I have been watching APF for about a year after a Midas Update. It caught my attention because I was invested for a short time around 2008 when APF was an Investors Chronicle favourite.

I don't know much about it but your post 7644 puts into words what my instinct feels. Basically, the problem is that coal is the wrong sector to be in at the moment and diversification hasn't gone far enough to balance it out.

Please will you answer a question that puzzles me. My inclination is now to cross APF off the watch list and move on to other possibilities. It seems the logical thing to do and the best use of my time.

What puzzles me is this: with such a low view of the company, what is it that keeps you posting? Surely, moving on is simpler and easier than kicking a dead dog.

[prenvest] 16/10/2015 19:25

Love affairs don't always last forever the hard part is accepting that it is over.

[neilyb675] 16/10/2015 17:17

good post christh

[christh] 16/10/2015 15:23

some of the posters think the management are naive!
The management have things in place in case the royalties do not meet the dividend
payout which has been set at 8p a year.
The facility of an overdraft has never been used.
The Narambria mine has been an excellent investment with a good income for APF.
Kestrel will get to full production in 2016-2017.
The management is aware of coal changes/climate concerns but RIO and other
users of mines are producing high quality coal which does not fall into that category.
APF does not rely solely on coal as other royalties from other commodities
will start paying a serious payout such as vanadium,Uranium,gold,silver,nickel etc.
Coal will never die as many doomsters and speculators in here keep blabbering.
Coal is an industry worth zillions of £££;££££££££ to many countries including US,RUSSIA,CHINA, INDIA,EUROPE,AUSTRALIA and if you think is going to vanish over night then open your eyes or wake up and smell the coffee.

APF is a growth company, and run for the shareholders.
Remember the current prices on commodities are not set on bloodstone!
They will rise and along with that the price of the dividend and the share price.

Lucky are those who have the cash to invest now at this price!

[djgrantb] 16/10/2015 14:08

Quepasa, I'm happy holding me hard earned cash, invested in this stock, it's just you and your mutual agreement societies insesent negative bleating that make I larf. Nameste

[quepassa] 16/10/2015 12:57

Zoolook.

Re 7620.

I shall be responding shortly.


ALL IMO> DYOR.
QP

[edmondj] 16/10/2015 11:12

While demand for oil from China seems to have held up, metallurgical coal for iron ore has slumped significantly as a result of the Chinese leadership nowadays prioritising the consumer economy over infrastructure investment. If this trend is to last some years then it may temper a coal price recovery.

That's a main macro factor I see.

[djgrantb] 16/10/2015 10:11

SJ, SA & SB: Que passas alter egos, the lunatics have taken over the asylum ?

[stompy jones] 16/10/2015 09:58

Hi Steve and Spec

Thank you for going to the trouble of making those posts.

Really appreciated.

The impression I get is that coal is the wrong royalty to have at the moment and rebalancing the portfolio is taking a long time. There was talk not so long ago of putting money into Indonesia. Maybe not the best thing to do. Providing finance is a buyers' market at the moment - I hope APF is choosing carefully.

That's only my impression.

[stevie blunder] 16/10/2015 09:41

Here is some info about the different listings:


From what I can see, the most important thing they get out of is the need to apply pre-emption rights. ie they can issue shares for large transactions more easily, without needing to have a rights issue or convene an EGM. I may have that wrong.

Current forecasts for the company from my stockbrokers website suggest that the dividend will not be covered this year or next. The current share price certainly factors in a dividend cut, perhaps by half. This is not one to buy for the dividend. To hold these you must be optimistic about commodities in the long run and think we are near the bottom of the cycle.

EDIT: I should add that the Broker forecasts that I have access to also say the dividend will be held this year and next. Of course there may be others my stockbroker does not show.

[rcturner2] 15/10/2015 16:30

Neil, quite clearly the news was known yesterday, hence the large drop yesterday.