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
  -0.005p -0.11% 4.37p 4.24p 4.50p 4.375p 4.37p 4.375p 450,000 08:18:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 0.0 -2.4 -1.0 - 11.59

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Date Time Title Posts
18/1/201815:46Ncondezi Energy - Power Generation in Mozambique3,532
05/1/201815:17Nconduzi - 20101,115

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Ncondezi Enrg (NCCL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2018-01-18 15:47:574.25128,5535,463.76O
2018-01-18 15:45:464.3055,7312,396.54O
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Ncondezi Enrg (NCCL) Top Chat Posts

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 4.38p.
Ncondezi Enrg has a 4 week average price of 3.38p and a 12 week average price of 3.38p.
The 1 year high share price is 11.50p while the 1 year low share price is currently 1.13p.
There are currently 265,299,844 shares in issue and the average daily traded volume is 734,569 shares. The market capitalisation of Ncondezi Enrg is £11,593,603.18.
m1sak: If I remember correctly Dandy, when that article above was written, the share price was 2p. So come on, do the maths yourself!
imjustdandy: So 10% worth 10x current share price so what is 40% worth? Do the maths
imjustdandy: Just listened to the Vox podcast. £30m of annual cash inflows to NCCL. £30m on a multiple of 10x is worth £300m to us. Current share price 4p , £300m is worth £1.15. Potential £1.11 upside here. Best coal to power project on Aim.GE getting ever closer to signing. Once they sign then these numbers will kick in.
imjustdandy: Yes stay in cash while the share price rises.
daddy warbucks: A good placing price, leaves the attention on the choice of who the partner will be. An opportunity for the share price to move up on speculation. I think the shares went over 8p last time from a lower base, so I wish you all good fortune.
m1sak: That should give you an erection over the weekend then. But Kibo is down too... I know that next week NCCL will rise and KIBO will be flat. Just looking through some notes from earlier this year, Liberum posted this- "Ncondezi is the most advanced junior coal-to-power developer on AIM. The company has set out a timeline to closure of a financing deal with strategic partner Shanghai Electric Power which, if successful, will unlock upside to its look-through value of $52m." So if the new deal is very similar in structure, then we are looking at a share price of 15p.
daddy warbucks: I'm not sure why there should be so much animosity between NCCL and Kibo share holders. We both are trying to achieve the same things and it is only natural to try and compare projects to see where the respective companies are in the process.It's been a good day for NCCL shareholders and I hope it continues tomorrow. I think it will continue to rise on speculation of a j/v deal. Once news is out, I don't know.Kibo has fallen on speculation and I believe from shorters, thinking that a normal placing would take place. Hopefully that uncertainty has gone and with a three month time limit on the convertible loan notes, it is hoped we will see some good news very soon and similar speculation to the share price will also affect us as it has NCCL. Shareholders.I wish us all, good luck.
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.
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"
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.
Ncondezi Enrg share price data is direct from the London Stock Exchange
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