Mineral & Financial Inve... Share Discussion Threads

[hedgehog 100] 02/11/2014 20:23

Please note the following thread which may be of interest:

"THE REVERSE TAKEOVERS & SHELLS THREAD (RTO)"

[still waiting] 23/10/2014 15:17

MAFL are going to do very well out of TERN me thinks.

[topinfo] 23/10/2014 15:14

Blue and on the move now, moving on each buy that looked like sells. Very illiquid this one so can move quick. Hit 33p 3 weeks ago as per chart above, can see 10-12p+ here easily with volume.

[21trader] 22/10/2014 11:51

Why should it go much higher it's trading slightly below it's NAV and you are still caught in the bubble that caused it to spike. At least admit when you sell
for 10% profit flops

[topinfo] 22/10/2014 11:48

I think this is about to go on another big run northwards, seems very cheap here and way oversold. This went from this level to 33p+ just 3 weeks ago.

[gimmetheloot] 08/10/2014 17:17

The 20% investment in TERN is worth 150k alone.

[gimmetheloot] 08/10/2014 17:14

Na is massively undervalued. Cash of 646K plus investments in ICAP plus they sold the Zinc and Platinum Investment. Add to that the 125% increase in their investment in TERN since June so all in all this is still trading way way below NAV with a strategic investment being planned.

The share price should be at least 30p with the assets and cash plus increase in value.

[onebaddaddy] 08/10/2014 16:45

Hmmm wasn't expecting this movement today. Are we starting to move a tad closer to the expected nav area of the coming re-rating?

[onebaddaddy] 02/10/2014 11:29

I believe it's 20%. But Dyor

[still waiting] 02/10/2014 11:26

does anyone know the exact holding they have in TERN?

was looking last night but couldn't see an exact amount.

[onebaddaddy] 02/10/2014 11:23

If memory serves me correctly, there's approx 14m shares issued, with something like only 4.5m available to trade.

[onebaddaddy] 02/10/2014 11:15

Plus tern is doing well.

[onebaddaddy] 02/10/2014 11:15

Don't think this was all down to p&d crowd...Net Assets, have risen roughly 46% from last year to approx £1,377,000. cash position is pretty strong at £636,000. Representing 46% of net asset value.Should mean a nav of low to mid teens. Relatively small number of shares available for free float, means faster movement on even small ticks.

[still waiting] 02/10/2014 09:54

can't buy.

[simonparker5] 02/10/2014 09:50

I think this has come back too far. Given this statement in the recent results
"Finally, Mineral & Financial continues to review its positions in its last remaining legacy assets. The Company retains a significant stake in Tern PLC, a technology specialist which is continuing in its efforts to raise new funds for investments. It also holds significant stakes in Milamber Ventures and Sutherland Healthcare. These positions remain under continuous review."

Tern is doing very well today!

[jibba jabber] 01/10/2014 13:18

Huge pump n dump, simples.

[cityfarmer] 01/10/2014 12:18

yes this is the old T1ps Gold thigy Athol Gold although new management is turning it around that said one of the most crazy days I have ever seen with any share on Wednesday still have no idea what that was all about from 6p to 33p in a few hours on no news! other than news to say there was no news..

[bones30] 01/10/2014 12:06

In case anyone's bothered, I only started the thread as a means to look at the charts! I see this used to be Athol Gold?

[cityfarmer] 01/10/2014 12:05

Hi F,

You may be right just feel no smoke without fire and the volume on wednesday was quite considerable someone was paying big bucks for these although no idea why..

[fillipe] 01/10/2014 11:59

Well done cf....similar for me, although I think I'll still wait for lower, for myself.
gl

f

[cityfarmer] 01/10/2014 11:51

What a crazy week this one has had never seen anything like Monday! Just total madness.. managed to sell a few above 31p though so no complaints and bought back in today - rather a lot cheaper..

[fillipe] 01/10/2014 11:49

It's amazing that some peeps are still buying the dream here today!

f

[apfindley] 29/9/2014 16:25

The organised pump n dump crew have had a field day today.!!!Fca where are you?