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
  +0.375p +8.33% 4.875p 4.75p 5.00p 5.00p 4.50p 4.50p 621,541 15:02:27
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.4 -1.0 - 12.18

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Date Time Title Posts
22/9/201714:25Ncondezi Energy - Power Generation in Mozambique3,186
08/9/201717:35Nconduzi - 20101,038

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DateSubject
23/9/2017
09:20
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 4.50p.
Ncondezi Enrg has a 4 week average price of 3p and a 12 week average price of 2p.
The 1 year high share price is 11.50p while the 1 year low share price is currently 1.13p.
There are currently 249,849,844 shares in issue and the average daily traded volume is 1,381,240 shares. The market capitalisation of Ncondezi Enrg is £12,180,179.90.
08/9/2017
14:40
dudleym1975: I comment when I see postings of blatant and clear pumping and ramping with no explanation or discussion behind them such like "news next week" and "£1-£2.22" So should no one challenge these cleared attempts to ramp this? How many time will people's be spiked on the next big news that "someone" told them would be worth £1-£2.22?He share price is 3p as this is what market values at currently.No deramping no agenda just FACT
04/9/2017
07:08
daddy warbucks: Seems like a good RNS this morning. I particularly like the following excerpt...."All other terms of the Shareholder Loan remain unchanged, including the loan return multiples, which remain fixed and generate no additional cost to the Company. The Shareholder Loan includes the Shareholder Loan referred to in the announcement of 11 May 2017 and the New Loan and Employee Shareholder Loan announced on 23 June 2017."Hopefully should see a steady increase in the share price as speculation grows on who will be the new J/v partner.
01/9/2017
07:49
daddy warbucks: Will there be an RNS today, given that the loan repayment date is the 2nd September?The last RNS said it had been agreed in principle, but no details were given.A deal could help the share price recover.
21/7/2017
12:40
daddy warbucks: I respect your defence of your company and hope you can understand my concerns. I try not to use one liners such as 'going bust' etc and try to explain my reasoning.I will gladly acknowledge any success you have and as I say it could be worth a punt if the finances are sorted. I can see on speculation this doubling as the J/v news approaches, but not just yet. Get past the 2nd September hurdle first.In any case good luck to you.In respect of my own AIM darling as you put it (and apologies to others for off topic), the saga about the issuance or non issuance of licences and certificates has certainly soured sentiment, even amongst long term holders like myself.I am coming to the conclusion that AIM companies are for short term holdings. If and I acknowledge again, if my company get their licences, I may sell all mine hopefully on a spike in the share price.
21/7/2017
09:18
daddy warbucks: RNS Number : 6674ENcondezi Energy Limited10 May 2017News ReleaseProject and Funding Update10 May 2017: Ncondezi Energy Limited ("Ncondezi" or the "Company") (AIM: NCCL) announces an update in relation to the Shareholder Loan, discussions with Shanghai Electric Power Co. Ltd and the Company's financial position.Shareholder LoanIn accordance with its terms, the Shareholder Loan has become repayable and has increased from 1.5x to 2.0x the loan amount outstanding. A total of US$2,192,546 has been drawn down under the Shareholder Loan and the repayment amount is now US$4,385,092.The Company is in advanced negotiations with loan holders regarding an extension of the repayment date. Whilst discussions are at an advanced stage, there can be no certainty that an extension to the repayment date will be agreed.A further announcement will be made as appropriate.On top of this is the additional loan of $500,000 which is also due on the 2nd Sptember, part of which has a 25% interest rate for a three month period.You are looking at a debt of $5 million come 2nd September. That's £4 million. What happens if they don't extend the loan ? The company as it stands is only worth £7.2 million and if the share price drops further it will be worth considerably less. Can you see where I am coming from?
20/7/2017
08:51
daddy warbucks: I think some people bought in on the prospect of today's update, hence the rise in the share price over recent times. Some appear to have taken their profits and sold on the 'news'.I think once the funding has been renegotiated and there is a bit more certainty, there may be an opportunity to buy back in from the first week of September until the JV news is hopefully announced.Until then, I think the share price will drift down again. This is not advice. Do your own research and good luck. We are all trying to make money in these markets.
23/2/2017
06:47
cl0ckw0rk0range: To reiterate a post from LSE"Ncondezi does not leak. It never has leaked and it never will. Just one day before the JDA was announced, Brooks Macdonald Asset Management released an RNS to say it had sold out, so this ship is tight. Meanwhile, Liberum, NCCL's broker, is completely no nonsense. Unlike many on AIM, it plays by the book. Others would happily let a stock soar 200%+, knowing full well that placees were getting their pound of flesh or rampers were pumping while dumping. But, more importantly, this speeding ticket was issued to stop any possible associations between meteoric rise and news. Imagine how the company would feel if the share price had risen 300% then SEP sign off one of the biggest deal of its kind in Africa? This negotiation is between two sovereign entities. You simply do not risk it by letting the cat out of the bag or being seen to be reckless with sensitive information. So what about the rise? Why has it happened? Well there are three clear drivers: Firstly, we know news is due this quarter. (The RNS does not contradict that). Each RNS since last January has specifically set "targets" for the terms to be signed off, not "deadlines". In December, the wording changed to "expected" and we know Mozambique has made it very clear they want construction to begin this year. Word is now getting around that we are closing in on a massive event in the company's history. Secondly, the technicals are insanely strong and this is the sole reason why popular chartist Nicola Duke has taken her first ever punt on an AIM stock. She has 33,000 followers on Twitter, so the impact of this will be obvious to many. And thirdly, the freefloat is tiny (perhaps less than 30%) so the scramble for shares has a heightened effect on the share price. How many market cap peers gain 50% on a raft of piddly 10k, 25k and 50k trades? Very few I would imagine. So there we have it, in the most simplistic terms. NCCL is catching the interest of new investors and it's rerating. There are only a handful of vocal Twitter supporters and only a few more on this board so this is happening naturally and exponentially. Just like the company, the new money is still under the radar and detached from the shenanigans customary to so many AIM outfits. Consequently, I expect further strength next week and leading up to the RNS we've been waiting patiently for"
19/2/2017
11:24
cl0ckw0rk0range: Great post from LSE"Ncondezi does not leak. It never has leaked and it never will. Just one day before the JDA was announced, Brooks Macdonald Asset Management released an RNS to say it had sold out, so this ship is tight. Meanwhile, Liberum, NCCL's broker, is completely no nonsense. Unlike many on AIM, it plays by the book. Others would happily let a stock soar 200%+, knowing full well that placees were getting their pound of flesh or rampers were pumping while dumping. But, more importantly, this speeding ticket was issued to stop any possible associations between meteoric rise and news. Imagine how the company would feel if the share price had risen 300% then SEP sign off one of the biggest deal of its kind in Africa? This negotiation is between two sovereign entities. You simply do not risk it by letting the cat out of the bag or being seen to be reckless with sensitive information. So what about the rise? Why has it happened? Well there are three clear drivers: Firstly, we know news is due this quarter. (The RNS does not contradict that). Each RNS since last January has specifically set "targets" for the terms to be signed off, not "deadlines". In December, the wording changed to "expected" and we know Mozambique has made it very clear they want construction to begin this year. Word is now getting around that we are closing in on a massive event in the company's history. Secondly, the technicals are insanely strong and this is the sole reason why popular chartist Nicola Duke has taken her first ever punt on an AIM stock. She has 33,000 followers on Twitter, so the impact of this will be obvious to many. And thirdly, the freefloat is tiny (perhaps less than 30%) so the scramble for shares has a heightened effect on the share price. How many market cap peers gain 50% on a raft of piddly 10k, 25k and 50k trades? Very few I would imagine. So there we have it, in the most simplistic terms. NCCL is catching the interest of new investors and it's rerating. There are only a handful of vocal Twitter supporters and only a few more on this board so this is happening naturally and exponentially. Just like the company, the new money is still under the radar and detached from the shenanigans customary to so many AIM outfits. Consequently, I expect further strength next week and leading up to the RNS we've been waiting patiently for"
18/2/2017
13:27
cl0ckw0rk0range: " 1,218 postsYesterday's RNSNcondezi does not leak. It never has leaked and it never will. Just one day before the JDA was announced, Brooks Macdonald Asset Management released an RNS to say it had sold out, so this ship is tight. Meanwhile, Liberum, NCCL's broker, is completely no nonsense. Unlike many on AIM, it plays by the book. Others would happily let a stock soar 200%+, knowing full well that placees were getting their pound of flesh or rampers were pumping while dumping. But, more importantly, this speeding ticket was issued to stop any possible associations between meteoric rise and news. Imagine how the company would feel if the share price had risen 300% then SEP sign off one of the biggest deal of its kind in Africa? This negotiation is between two sovereign entities. You simply do not risk it by letting the cat out of the bag or being seen to be reckless with sensitive information. So what about the rise? Why has it happened? Well there are three clear drivers: Firstly, we know news is due this quarter. (The RNS does not contradict that). Each RNS since last January has specifically set "targets" for the terms to be signed off, not "deadlines". In December, the wording changed to "expected" and we know Mozambique has made it very clear they want construction to begin this year. Word is now getting around that we are closing in on a massive event in the company's history. Secondly, the technicals are insanely strong and this is the sole reason why popular chartist Nicola Duke has taken her first ever punt on an AIM stock. She has 33,000 followers on Twitter, so the impact of this will be obvious to many. And thirdly, the freefloat is tiny (perhaps less than 30%) so the scramble for shares has a heightened effect on the share price. How many market cap peers gain 50% on a raft of piddly 10k, 25k and 50k trades? Very few I would imagine. So there we have it, in the most simplistic terms. NCCL is catching the interest of new investors and it's rerating. There are only a handful of vocal Twitter supporters and only a few more on this board so this is happening naturally and exponentially. Just like the company, the new money is still under the radar and detached from the shenanigans customary to so many AIM outfits. Consequently, I expect further strength next week and leading up to the RNS we've been waiting patiently for"
30/1/2017
17:25
kibes: MohamedAliBusiness, 1. I believe the project will go ahead because SEP have made clear their commitment and have reported that it is part of President Xi Jin Ping's 'One belt, one road' initiative. As he is in total command in China with as much power as Chairman Mao I would suggest that what he says goes. 2. It is not clear to me whether the project will involve Ncondezi or whether the Chinese would prefer to just do it on their own. In that case, since Ncondezi do own the rights to the coal, I suggest they would have to be bought out by SEP. In order to achieve the best price for this, it is in the interests of SEP to drag it out for as long as possible whilst watching NCCL struggle for funds. 3. I believe the NCCL Board can also see this possibility and will do their best to raise funds as may be needed to keep the company going in a way which does not dilute shareholders, as they have done in the past. But they are not going to lose sight of the fact that NCCL owns the coal and are certainly not going to walk away without achieving a fair price. 4. In my opinion a buyout price would have to be at a much higher level than the current share price. If it comes it will be straight out of the blue, there will certainly be no chance to buy in. But in the meantime the shares may certainly show further weakness in a routine transfer of wealth from the weak to the strong. 5. As to whether the Chinese pay fair prices in buying up coal assets my personal experience has been that yes they do. I had some shares in a coal mining company in Australia (Felix Resources) which I bought for 2p/share and the company was eventually bought out by the Chinese at around 40p/share.
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