Adamas Finance Asia Share Discussion Threads

[flying pig] 22/7/2021 13:29

I think ok for small longer term hold

News? hxxps://total-market-solutions.com/2021/06/jade-road-investments_june-2021/

22 Jul 2021
Jade Road Investments Limited (LON:JADE) is expanding its investment horizons to include Asian high-growth companies.

The pan-Asian diversified investment vehicle said it would look at investing in unlisted companies as well as listed companies, with a preference for the health-tech, med-tech and fin-tech sectors.

The total allocation of funds under this expanded investment focus will be no more than 10% of Jade Road's present net asset value (at the end of 2020 this stood at US$106.4mln) and no more than 20% once the net asset value exceeds US$150mln.

Investments in each company will not exceed 5% of the total allocation, Jade said. Potential investments will be sourced through brokers and financial institutions as well as through various networks established on the ground in Asia by the company's directors and its investment manager, Harmony Capital.

Read more
19 Jul 2021
Jade Road Investments Ltd (LON:JADE) welcomed an update from Future Metal Holdings Ltd, one of the investment vehicle’s main holdings, on its large open-pit dolomite magnesium limestone quarry in China’s Shanxi province.

The update confirmed a JORC-compliant measured resource for the Zhuangpeng mine of 35.95 million tonnes (Mt) with an average grade of 20.74% dolomite oxide (MgO); an indicated resource of 81.40Mt at an average grade of 20.48% MgO; and an inferred resource of 31.81Mt at an average grade of 20.61% MgO.

[flying pig] 17/4/2021 16:45

quarterly facts sheet in next couple of weeks - may be very encouraging?

[edmonda] 12/3/2021 12:23

atill no JADE thread !

new interview out with Suresh Withana of Harmony Capital on the rebrand of @JadeRoadInvest and the many opportunities they are seeing in Asian SME investment.
Ideal weekend viewing !

[apollocreed1] 22/1/2021 03:35

I'm keen on this Trust based upon the area of business and the high discount, but I'm not sure if the management are trustworthy and working for the benefit of the shareholders. I took a very small position based upon those thoughts.

[edmonda] 21/1/2021 07:50

No JADE thread yet !

But for followers, new name does better reflects its heritage and mission to connect external capital with Far E markets. Its shares trade on AIM at a huge discount to NAV, as per updated research note here:

[burtond1] 03/1/2021 08:50

12 Companies to follow in 2021Here, we have carefully selected a dozen companies all of which should be worth following over the next 12 months...Companies covered include : #ADAM #DKL #ESC #GILD #HMI #HE1 #MODE #OTMP #ORPH #PNPL #POW #VRShttps://total-market-solutions.com/2021/01/12-companies-to-follow-in-2021/

[flyingpig100] 22/12/2020 15:43

Huge discount to asset value.
73p v c21p share price.
The company is in transition. The investment manager, Harmony, has a good deal flow and the prospects look good.
Over the next couple of years, this should easily double or treble in value - and possibly significantly more .

[edmonda] 26/8/2020 09:28

Portfolio value barely moved in H1 despite Coronavirus.

Updated research out from Equity Development notes plenty of cash to invest in a rich pipeline. ADAM has an estimated proforma NAV/share of 67p - yet shares trade at just 26p on AIM ???

Read notes / see interviews here:

[burtond1] 24/8/2020 07:04

Time for Adam to be unleashed into Jade?Here, @AdamasFinance investment manager @SWithana18 discusses with @copytaster the pipeline of opportunities in Asia, how the company is protecting its share price and when #ADAM will become #JADEhttps://total-market-solutions.com/2020/08/24/adamas-finance-asia-august-2020/

[burtond1] 06/8/2020 07:23

Is @AdamasFinance the next Chinese Delight? Here, @DDS_DocHoliday finds out a little more about #ADAM in this interview with @SWithana18 and expands on the strong pipeline of attractive income-generating assets and potential new opportunities...https://total-market-solutions.com/2020/08/06/adamas-finance-asia-4/

[edmonda] 17/7/2020 10:39

Big news from ADAM £3.1m equity raise at 25p by underwritten Open Offer/placing.

Allows them to progresstheir strong deal pipeline of Asian SMEs needing finance.
Yet the shares trade at under half reported NAV, see new research from Equity Dev:

[burtond1] 17/7/2020 07:43

Today, @AdamasFinance announce an open offer and proposed change of the Company's name to Jade Road Investments. ...Here, @SWithana18 catches up with @copytaster about the name change and how proceeds from the placing will increase shareholder valuehttps://total-market-solutions.com/2020/07/17/adamas-finance-asia-3/

[edmonda] 28/5/2020 15:09

Extensive research note out from Equity Development covering excellent growth in cash generation from the portfolio , hunger for capital from Asian SMEs , and reopening of economies there.
Free access here :

[burtond1] 19/5/2020 10:23

London quoted company @AdamasFinance are focused on providing shareholders with attractive uncorrelated, risk-adjusted returns from a diversified portfolio of pan-Asian investments.Here, @SWithana18 expands on the year end results announced yesterday...https://total-market-solutions.com/2020/05/19/3282/

[burtond1] 03/4/2020 11:42

https://total-market-solutions.com/2020/04/03/suresh-withana-of-adamas/ Suresh Withana caught up with Sarah Lowther to talk about Adamas, in addition to the global ramifications of Coronavirus, Withana acknowledges a number of major downturns during his career but gives some insight to the latest global outage as the virus impacts the International community. Adamas via Harmony capital acted ahead of the UK in instructing its Asian counterparts to setup office remotely (virtually) ahead of the official lockdown, including those operating in the UK. This arguably has minimised the impact on the company as it looks to furnish itself for the best possible outcome post-COVID-19.Suresh Withana is an Investment Manager at Adamas finance Asia limited looks after Buyside investment and management experience in Asia, Europe, and the Americas focused on special situations and private equity. Positions held in Singapore, Hong Kong, Malaysia, the United Kingdom, and Australia.

[burtond1] 05/3/2020 07:25

Here, you can hear the latest interview with @AdamasFinance @SWithana18 invites Sarah to discuss the companies latest update from the news announced on the 3rd March and what good news this is for #ADAM "...We are well funded and generating income.."https://total-market-solutions.com/

[edmonda] 27/1/2020 13:59

See what the Investment Manager thinks of the FMH mine news. He also reviews activity at other portfolio members, assesses progress in growing ADAM and how that can be financed, and contrasts the low stockmarket valuation of ADAM with reported NAV and analysts' calculations.

To see video (16 mins) click here:

[costax1654x] 20/1/2020 15:46

orm expecting a great week,with the seller out!Mcap of 3 mil can not justify 5.5 mil cash and another asset without debts!Feel Sorry for previous shareholders who got the -70% drop after the sell of tungsten mine,but cash is twice the mcap without debts!

[edmonda] 20/1/2020 12:36

good news as FMH restarts production at its Chinese dolomite quarry. ADAM holds 85% of FMH, representing 45.2% of its portfolio.

Still a huge gap from ADAM's £36m mkt cap to proforma NAV £76m, that progress at the quarry can help narrow.


Updated Equity Dev research note out, click here for free access:

[costax1654x] 15/1/2020 10:38

orm mcap 3 mil,cash 6 mil,no Debts!Plus Gold assets!Distressed Seller due to the sale of tungsten mine(clear our debts and we received 6 mil extra) need shareholders approval

[easwarareddy] 07/1/2020 08:59

PPC get in quick though... all buys since morning. Its had 5 to 10 percent daily rises past few days and today imo getting ready for take off. Short term target 6p. Get in before herd arrive.

[edmonda] 19/12/2019 15:11

- a note on DocDoc, one of the Adamas investment holdings

[burtond1] 31/10/2019 09:48

Here @copytaster catches up with @SWithana18 to learn more about the relationship between @HarmonyCapital & @AdamasFinance@TMSreach dig a little further into #ADAM strategy, current portfolio, investment pipeline & the overall compelling investment casehttps://total-market-solutions.com/2019/10/31/podcast-adamas-finance/

[edmonda] 24/10/2019 17:16

With fresh capital firepower after the recent bond issue and a conditional income producing deal , ADAM now looks set to capitalise on its large pipeline.

Proforma NAV set to be 3x current share price, see Equity Development research note here