Petmin Share Discussion Threads

[acamas] 06/3/2010 16:06

Kayaks,

Yes I like it a lot. Plus it is also a good sign whenever a share makes a new high price for the year. Three of them within the next 20 trading days would be very encouraging, we might then seriously be on the move.

[lobby ludd] 07/1/2010 14:28

Annual Review 2009 now available on Petmin's website....a thorough overview of the companies operations and prospects.

[acamas] 28/12/2009 11:37

Hi lobby,


I am wondering what effect the World Cup will have on the S.A. Economy?

[kayaks] 23/12/2009 13:26

Merry Christmas to you Acamas and a prosperous new year to all on the board. Bring on 2010. Off topic a few days ago I bought some shares in a Mozambican Tantalum mine {NVTA} that should show some progress in the future. As always DYOR

[lobby ludd] 23/12/2009 13:00

And Merry Christmas to you Acamas from a snowy Huddersfield. I'm still holding here. Maybe there will be a general move upwards for South African companies as a result of the attention the World Cup will bring on the country.

[acamas] 23/12/2009 09:49

Kayaks,

Merry Christmas to you and here's hoping we do better from this share in 2010

[acamas] 10/12/2009 18:25

kayaks,

Thanks for that. Things have been dull here recently. Still 2010 may be better as a result of your post above

[kayaks] 10/12/2009 18:18

[This from Moneyweb]
ClucasGray provides you with stocks to buy for the family.
As is tradition, the team at ClucasGray presents its Christmas stocking at this time.

For my youngest daughter: Petmin (JSE:PET) (PET)
The apple of my eye gets a junior miner in her stocking. Via its metallurgical coal operation and its quartzite business Petmin has solid predictable cash flows. In addition it has a stake in a potentially valuable iron ore project which is only scheduled to deliver earnings in three years time. Importantly, the current valuation of the company does not reflect any value in this iron ore project and I have high hopes that the market's perception of this asset will change over the next year.

[I think all PTMN holders feel the same.]

[kayaks] 25/11/2009 16:43

A lot of activity on 23/11 on JSE over a million shares traded, today shows an up trend. ?

[vino] 15/10/2009 22:58

shame about the spread

[acamas] 15/10/2009 18:47

Kayaks,

Apart from the Director buys I have no idea why the share price has come alive. Mind you I hope it continues on a long long upwards climb.

[kayaks] 14/10/2009 17:11

There were also some huge share movements on the 6th and the 8th, I do not know whether they were all buys. .

Share History - Petmin Ltd
Date Close High Low Volume
13/10/2009 198 198 198 34,000
12/10/2009 198 200 197 631,481
09/10/2009 198 200 192 1,402,082
08/10/2009 192 200 185 11,331,207
07/10/2009 195 200 194 789,732
06/10/2009 195 200 195 5,594,872
05/10/2009 194 194 192 82,129
02/10/2009 194 199 194 144,787
01/10/2009 200 205 200 202,910
30/09/2009 199 201 195 247,908
Sharenet JSE information, graphs quotes and prices for Petmin Ltd

Kayaks

[acamas] 09/10/2009 13:41

They have paid top price at around 17p a go

[lobby ludd] 09/10/2009 13:06

Directors bought 4 million shares (spending c£700K) today.

[camy] 08/9/2009 13:55

Note that the Cautionary Announcement has been withdrawn. Maybe just as well as they were about to make an acquisition which may not have been so good for the share price in the short term. Can't ask for more: uncertainty removed and the results speak for themselves :)

[pelleeds1980] 08/9/2009 13:44

Nice results

[kayaks] 07/9/2009 16:52

The sale of Springlake proves my point exactly, the government delayed the sale so long with its silly little rules and inefficiency, with a resulting loss of R79 million. The rest is good news.

[lobby ludd] 07/9/2009 11:55

Trading statement issued today. Any comments ?

[kayaks] 06/9/2009 13:56

Acamas the reason these negotiations are taking so long is the fact that Petmin have to ensure that they have paid every grubby ANC politician a bribe. I am of course not suggesting in any way that Petmin is doing anything illegal, there are many ways in which a crooked government can gather bribes, silly taxes, fines or fees for licenses. Remember this is Africa with South Africa up there with the most crooked gov's in the world.

[acamas] 20/8/2009 07:08

Its hard for me to comment knowing nothing of Paladin. We will have to wait till September for those effects to kick in. I was hoping PTMN were after more assets via mining licenses to grow the business

[kayaks] 19/8/2009 16:47

PSG Group/Paladin Capital will list its Paladin private equity fund on the JSE this month and hold a rights issue of R150 million immediately after listing CEO Francois Swart revealed, the listing to take place on the 28 August. Paladin Capital holds a 9.4% interest in PTMN. Does this mean anything and what would the effect be on Petmin.

[acamas] 19/8/2009 11:29

What on earth can these discussions be that take 4 months to thrash out? I hope they go in our favour because it should be very rewarding eventually. We must be very keen on concluding this deal to have hung on in there for twice as long as previous deals.

[camy] 04/8/2009 10:55

Looks to me like some institutional holders doing their own thing. May well place a floor under the share price and last time there was such high volume we spiked up for a few days thereafter but ultimately crashed (I wasn't holding the rise/fall at the time) having held in 07 and sold in Feb 08. This time around the spike may be sustained if news presaged by the lastest cautionary announcement comes to fruition (unlike similar ones last year which was withdrawn). The stock appears to be tightly held so you can only build a stake a bit at a time which I've been doing using spare change since mid May 09. The opposite is also true: you can only cash in a bit at at time so it takes days to close out a position. Things might get better but I doubt it. It appears to be traded mainly in za after all.

Finally, whoever has been investing may also have noticed the healthy price 3.16% and volume 1,511,621 today in za which looks to be the highest volume for over a month and far higher than the daily 80000 approx at the end of July.
Intriguing that the large trades in za mirror those one lse. Perhaps the 700,000, and 295000 shares appearing today on lse have been transferred from/to za. Can but hope this is the case and these have been transferred in anticipation of forthcoming demand. LOL
Date PDT Volume
04/08 11:30 AT 196 700,000
04/08 11:27 AT 195 391
04/08 10:58 AT 194 295,000
04/08 10:26 AT 195 12,690
04/08 09:50 AT 193 8,540
04/08 09:43 AT 193 30,000
04/08 09:16 AT 191 465,000