||EPS - Basic
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Real-Time news about Asia Resource (London Stock Exchange): 0 recent articles
|kenmitch: Not guessing. If the market thought a bid was likely at 41p the share price would be a bit below that.The market could be wrong but in bid situations is often a good guide. The tone of your post 327 means it is probably not worth bothering to reply to you again.|
|kenmitch: Still don't know what to make of it all. At best the two sides trying to outbid each other. Then, yes, perhaps 50p for the knockout? Postponement of the meeting suggests it is indeed a serious bid and that both sides are now talking to each other.
But what happens if the new bidder just walks away? Are we then back to Rothschild's 25p open offer? And what if both sides walk away? The share price today suggests the bid at 41p has a good chance of succeeding. At worst ARMS could still go bust.
All the comment here is like mine.. i.e no idea really what is going on now. Wish we knew!|
I don't think we can read anything in to the small share price moves so far today, and the share price is suggesting that there won't be a bid. Against that, IF the Sunday Times article is accurate and Danny Forston hasn't been hoodwinked then a bid before the vote on Wednesday is very likely. So 28p looks very tempting .. but also risky.|
|kenmitch: Exclusive article in Sunday Times yesterday suggested a bid could come as soon as today. IF their information is correct the potential bidder has plenty of firepower with assets around $6billion.
Share price reaction this morning though suggests no bid. We should soon know.|
|naughtynicky72: You have not missed anything kenmitch , i was thinking the same thing if you want to buy more ARMS then why not buy at 14 p , Very Strange , Good Luck All You Longs ! Lets hope nick can turn this around and get the share price going up North .. I Hope So .|
|kenmitch: Can someone explain this open offer please. It's at twice the current share price. So why would any small shareholders want to take up the offer? I must have missed something obvious presumably?|
|h2owater: ARMS on track to hit output target
19 November 2014 | 09:09am
Asia Resource Minerals is on track to meet its full year production target of 24.2 million tonnes.
ARMS says Berau Coal mined 6.5 million tonnes of coal in the third quarter, 7% higher than a year ago. The year to date average selling price was $55.4/t, which is 8% lower than the corresponding period in 2013.
Chief executive Amir Sambodo said: "Despite the continued weakness in thermal coal markets, I am nonetheless pleased to be able to report a solid set of Q3 numbers. We continue to take action to reduce our cost base and remain confident that in overall terms our production cost of sales for the full year will be lower than 2013. At the same time, we remain on track to achieve our production target of 24.2mt."
At 9:09am: (LON:ARMS) Asia Resource Minerals PLC share price was +0.5p at 23.5p
|jeffcranbounre: Asia Resources Minerals is mentioned in today's (31/12/14) ADVFN podcast
To listen to the podcast click here> http://bit.ly/ADVFN0098
In today's podcast:
- Zak Mir PR at masterinvestor.co.uk and regular anchor on TipTV.co.uk chats about 3 stocks he thinks are worth checking out in 2015 - Zak's Twitter is @ZaksTradingCafe
- And the micro and macro news including:
Kibo Mining #KIBO
Paternoster Resources #PRS
Man Group #EMG
Praetorian Resources #PRAE
Castleton Technology #CTP
Horizon Discovery #HZD
Asia Resource Minerals #ARMS
Jupiter Energy #JPR
Songbird Estates #SBD
London Stock Exchange #LSE
IP Group #IPO
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|naughtynicky72: Come On Asia Resources lets get moving its getting a bit boring now this use too move quick up and down , use too be whats all this drifting along ! why did the share price not rise when bumi as it was called at the time received the cash , why did bumi not rise by 1.14 p and then fall back when it was handed back too share holders ! Are there any left out there ,, share holders ,, is there still any body out there ! Naughty .|
|naughtynicky72: Hello Phil , the way that i am ready the info i got from the share people is that we are getting 1.15p per share that we are holding by this friday 27th june at 6pm , i think it may be a bit off a roller coaster this week as regard too your 1.92p price who no,s whats going too happen but the share price i think my self may drop back on friday from were ever it is Hope this is helping ! Good luck .|
Asia Resource share price data is direct from the London Stock Exchange