Share Name Share Symbol Market Type Share ISIN Share Description
Ncondezi Enrg LSE:NCCL London Ordinary Share VGG640631039 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 4.875p 4.75p 5.00p 4.875p 4.875p 4.875p 0.00 07:30:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -1.4 -0.5 - 12.18

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Date Time Title Posts
16/1/201717:47Ncondezi Energy - Power Generation in Mozambique2,286.00
06/5/201613:20Nconduzi - 2010974.00

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Ncondezi Enrg (NCCL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16/01/2017 13:30:464.92100,0004,917.50O
16/01/2017 13:24:344.92100,0004,917.50O
16/01/2017 10:53:414.8350,0002,412.60O
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Ncondezi Enrg Daily Update: Ncondezi Enrg is listed in the Mining sector of the London Stock Exchange with ticker NCCL. The last closing price for Ncondezi Enrg was 4.88p.
Ncondezi Enrg has a 4 week average price of 5.04p and a 12 week average price of 5.27p.
The 1 year high share price is 6.75p while the 1 year low share price is currently 3p.
There are currently 249,849,844 shares in issue and the average daily traded volume is 341,676 shares. The market capitalisation of Ncondezi Enrg is £12,180,179.90.
m1sak: MAB-Check the reputations and credentials of our board. Most other directors would have diluted us down to billions of shares by now. Currently, no other coal to power company has delivered and the jury is out whether any one of them will. African Finance Corporation joined us in 2014 and took a 24% stake, the company is 60% held by five groups. It does not take much buying pressure to push up the share price here, hopefully our larger investors will see this through and we will retain our higher levels. If SEP do not sign, we have alternatives on the table, the BOD have not come this far to give up at this stage.
novicetrade68: Ed, I would think that sorting out the shareholder loan is hopefully not too much of an issue given how in the past the directors and the larger share holders have supported the company. But of course, as always on AIM, seeing is believing. If they get that sorted then the good news is that there is not going to be any dilution for a while. I thought the update was actually pretty decent, but the mention of delays of course always hits the share price stone cold - despite that at 4.50p there only seem to be 2500 shares available, so perhaps we'll bounce a bit more later on.
the stigologist: TOP Traders Thread !!!! - CR brewsters_millions - 05 May 2016 - 08:04:14 - 552533 of 552681 Guys seriously get your butt's in NCCL Just spend a half hour of your time researching it and tell me... NCCL is going to be joining forces with SEP ( Shanghai electric power ) so a multi billion dollar company will be going to bed with an AIM tiddler The rise will be similar to HNR imo Shares are in short supply and this will be a quick trade (end of May max) Best tip for a huge rise Go buy some NCCL pronto Good luck TOP Traders Thread !!!! - CR brewsters_millions - 04 May 2016 - 13:02:54 - 552480 of 552681 Solid tip for you all ;) Do look up and research NCCL Could do a HNR share price wise. NCCL are awaiting the biggest news since launch on their partnership with Shanghai Electric Power. (an aim tiddler to partner up with SEP a Billion dollar company) The news of this JDA is in its final stages if not already signed off. News can come off at any given moment. Upon news shares will rocket.....15p to 50p is realistic and very possible...though will not happen overnight. There is not much stock around and it will be a fantastic short term trading experience for anyone seeking min 50% rise - 100% plus within a very short period. Please DYOR is really a no brainer. GLA
dorset64: Rise a 1/4p a day until news will do me for now, but feel, imo, once news is released that 1/4p's will be turned into many pence rises for a while. Nothing ever climbs for ever so there will be peeps locking in profits, and why shouldn't they but do feel this has the legs, and news to go far far higher before I crystallise any of my gains to date. As I said I also really like the fact that this is one of the quietest threads on advfn for a share price that just keeps climbing at the mo & with bundles of news to come. All looking good so far :)
m1sak: Nearly There! I don`t think SEP would have issued a statement to the Shanghai Stock Exchange if they thought it was going to fall through. The thrashing out should have been done and we should just be awaiting the deal to be signed off. Don`t forget, the company intends to raise the "full amount of capital required to complete the development project". Other discussions will have taken place with EPC and O&M contractors. All will need to be brought together now. I still think Peter O`Connor has made way for a new NED to come on board. As much as Katy has criticised our BOD, I think we will be thanking them shortly. It will not have been a simple straightforward task to change the plan from a mine to mine plus power station especially in this commodity market malaise. If we do not have an RNS tomorrow, it will probably come next week, as you say novicetrader, we have a few wealthy shareholders on board who will do their best not to see this fail. Incidently, I had a thought today-NCCL`s share price started to move around midday, at the same time KIBO`s share price climbed roughly by the same percentage. KIBO are planning the same set-up but in neighbouring Tanzania, I wondered whether news had leaked between brokers and they had marked both companies`share price up in anticipation of read across values. We shall soon see.
nav_mike: 412069 Its not saying 8.9p its saying 8.9x current price based on 1.9p current price when they did their math. ie 8.9 x 1.9 = 16.8p raise price they have calculated to give a 20% return to institutions. They are somewhat dismissive of NCCL but do say the share price is depressed through fears of it going bust. Perhaps once those fears can be removed we may get to a proper valuation
observer007: Looks like the overhang may have cleared, it has been getting harder to buy in size as the day has gone on, they are also prepared to bid for stock which has not always happened in recent times. I would suspect Brooks Macdonald could either be out or very close to concluding their sales. Before they started dumping in early January the share price was 5p and had been as high as 7.5p in October 2014. There are strong grounds to believe the share price could return to 5p+ If we get a positive update re SEPCO signing a firm JV then the shares could rocket higher. Looks like the BOD of NCCL have told them to get a move on if they want in or we go it alone with our strong financial backers.
observer007: M1SAK You refer to the current share price. I consider this to be 'false' mainly as a result of the company being so under the radar, due to retail investor ignorance of the assets and tie ups with both SEPCO and Africa Finance Corporation, who recently invested $5m. Basically there has been no market volume - so far that is! The reason I like this is because of the very very low market capitalization of only £4.5m which includes £1.5m cash. The project has an enterprise value of only £3m. It is a binary play. NCCL have more cash than KIBO and EDL combined NCCL has a MOU with SEPCO NCCL has a significant financial backer in Africa Finance Corporation who have 55m shares at 5p Directors hold a reasonable slice of the company There is a 130m tonne JORC coal resource Coal/power projects in Africa are in demand and attracting significant corporate backers. With the AGM approaching I think we will see more news and I also think the shares could re-rate back to 5p-6p in short time. In my view there is no reason why NCCL should be valued at a significant discount to KIBO and EDL. Could these shares re-rate to 5p by the end of the week? It is possible!
katylied: Great to see a new poster! A mere handful of regulars here. Heres my 2p worth... "but they say sustainable price rises are accompanied by volume of trades. How can this really be achieved? There are only 10% of us and if an institution tries to sell then that could create an overhang of shares depressing the price..." A: Share prices do not generally make really big jumps just on buying volume. Buying volume generally lags the spike. A share will get revalued on sentiment change, caused by very positive news-flow. Equally, the share price hasn't fallen from well above £1 to the current sp, on any mass clear out of historical holdings. In short, the relationship between share-value and share-price is usually quite elastic. "There are only 10% of us and if an institution tries to sell then that could create an overhang of shares depressing the price..." A: The free-float (excluding significant shareholders) is more like 20%-30% now. Are any significant shareholders loose holders? Probably not at the current SP, since most/all also hold from substantially higher levels. Are there any big (3% or less) loose holders? It is possible, but again I would imagine their price-target is likely to be rather higher than the present share price "One way out is for a rights/issue placing of shares to private investors to create more liquidity..." A: NCCL just had a 1 for 2 open-offer (with rights). Liquidity has already been greatly increased. However even for pure speculators, there is no profit to speak of at the current share price How that works out when/if the share price rises, is anyone's guess. No doubt some traders will accept a 10% profit, others may want more. "This seems almost to be a share that is waiting for a takeover of the company for a solution to this illiquidity problem." A: From the outset (listed mid 2010), the game-plan here (as with other small Moz coal players) was for a takeover. Explorers do not generally, build mines themselves. The switch from a pure coal-asset to an IPP, came about precisely because that hope for a takeover (or a major JV) fell away, as Moz failed to deliver near enough rail infrastructure in time, to create a viable coal export business. The coal price has since, also fallen to the point that thermal-coal is currently a marginal business anyway. Management were far sighted in their switch to an IPP. As an IPP a takeover is still possible, but when the rail infrastructure finally catches up, and if coal prices recover sufficiently, then 4.2bt of coal may once again look spectacular and attract predators (with or without the power-plant). In that sense, the IPP enables the company to survive, until better times. Only a small part of the coal-field is captive to the power-plant. The rest of the coal field remains in play.
drewz: Or it may turn out to be a ridiculously easy 10-bagger in 24 months time. At the end of the day, NCCL has an enormous energy bank and has found a way to start to monitise it over the next 5 years despite the weak coal market caused by the unforseen fad of US shale gas. However, coal prices will cycle back into favour over the next 5 years, imho, once the world economy gets back on a growth track, so sentiment towards stocks like NCCL will improve. This is the next crucial step in seeing the rehabilitation of the NCCL share price: A co-developer selection process has been initiated and is being managed by KPMG LLP, the Company's Project Financial Adviser. The process currently includes specialist power private equity firms as well as strategic independent power producers. The co-developer process is targeting the selection of a preferred co-developer in Q1 2014. This is exactly the sort of project the International Finance Corporation (part of the World Bank) should be getting behind with equity finance to get South Eastern Africa powered up for faster economic development over the next 30 years.
Ncondezi Enrg share price data is direct from the London Stock Exchange
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