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AQP Aquarius Plat.

13.50
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Aquarius Plat. LSE:AQP London Ordinary Share BMG0440M1284 COM SHS USD0.05
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 13.50 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 13.50 GBX

Aquarius Platinum (AQP) Latest News

Real-Time news about Aquarius Plat. (London Stock Exchange): 0 recent articles

Aquarius Platinum (AQP) Discussions and Chat

Aquarius Platinum Forums and Chat

Date Time Title Posts
03/12/201915:41AQUARIUS PLATINUM PLC A Platinum Play For A Full Moon?1,766
21/4/201613:52AQP 2012, the recovery starts here!2,694
26/6/201511:47RUMOUR OF CHINESE BID FOR AQUARIUS PLATINUM..LOOK AT PRICE 15.5P!!!64
07/8/201413:05TRADING AQP6,158
06/10/201207:12Aqp 2012, the recovery starts here.19

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Aquarius Platinum (AQP) Most Recent Trades

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Aquarius Platinum (AQP) Top Chat Posts

Top Posts
Posted at 20/4/2019 13:53 by hector_p
where did AQP end up?
Posted at 01/4/2016 13:42 by ukgeorge
is it not just moving up to the takeover price?
Posted at 11/10/2015 00:20 by neilcrom
it was AQP share price recovered on takeover offer, then LMI on platinum price rising. next platinum player to recover will be JLP. may start rising next week as many haven't seen the RNS on Friday afternoon.

///////////

platinum price was at the bottom and now been making recovery. there are several platinum junior minors sitting on huge assets and yet being cheaply valued. AQP is one example, where Sibanye sees this as a bargain and now have taken it over.

another to watch is JLP, where its sitting on huge platinum mine having potential NPV 4bn ! that is huge assets and waiting for licence which is expected this month. MCAP JLP only 30m at the moment.

my fear on LMI is while its good to make the recovery from the recent sell off, LMI still need to address how for them to renegotiate the huge debt burden,

platinum is making huge recovery since last week and LMI has risen hugely since.

perhaps JLP turns will be next week ! especially as its got the RNS intraday on Friday and not many would have seen it.
Posted at 06/10/2015 20:31 by petersmith3
PPG – Plutus Powergen the easy next 10 bagger!!!!!

The chairman of PPG said that each 20MW site would generate about £1.6m - £1.7m in revenue. EBITDA given as £1.25m - £1.5m.

10 sites on that basis = £16-£17m revenue with EBITDA of £12.5 - £15m.
Therefore possibly £3m-£4m conservatively annual profits depending on the ultimate revenue split ?.

On a p/e of 15 that's £45-£60m m/cap or 8p - 10.5p/share.

Given that's it's growing, his further comments were - 'really smash the 3 year target for 10 sites' and they have already 1 year behind them.

If those targets are smashed and as they do have 500MW of sites in the pipeline - on the same p/e the share price could see 20 - 27p.
We do know that they plan to own some sites outright at 100% which again would improve the margins significantly.

Ultimately also what do they do with that profit and they could expand into other avenues - was there not talk of this in some other countries ?

Called it a compelling investment, fully funded and no further dilution to the shareholder base.

571.43m shares in issue and 49.5% held by management/Paternoster (Charles Tatnall himself having 9.71%).

Chelverton Growth Trust PLC was accumulating and just 7 weeks ago had increased to 33.33m shares or 5.83%.

Free float will reduce all the time and one thing to remember with no more placings it could become difficult to trade in/out and regain your holding.
Posted at 06/10/2015 13:39 by neilcrom
from another board

platinum price is at the bottom at the moment, however, this price will not stay at the bottom for long.many are expecting the price will recover and hence there are several platinum junior minors sitting on huge assets and yet being cheaply valued. AQP is one example, where Sibanye sees this as a bargain and worth buying (and no burden of debt, unlike LMI).

so, this should crush those punters who were falsely saying nobody will be interested to buy platinum miner due to low profitability as platinum price too low. in fact, several major players who are deep pocket will be acquiring smaller companies(like AQP, JLP) while they remain cheap.

another to watch is JLP, where JLP has massive platinum assets worth around NPV $4bn and yet their mcap only 28m. perhaps all eyes are waiting for the mining licence before they put their offer.
Posted at 05/10/2015 12:24 by ebenog
a bit fro motley fool:
Meanwhile, Aquarius Platinum (LSE: AQP) has bucked the recent trend among resources stocks to post a share price gain of 40% in the last month. And, while the precious metals miner is restructuring its business and selling off non-core assets, its financial performance in the last four years has been disappointing, with the company recording a pretax loss in each of the four years.
However, with a pretax profit of over £11m being forecast for next year, it appears as though the market's view of the company is beginning to shift. And, while the short to medium term is likely to remain volatile for the business, with the price of precious metals having the potential to remain weak, Aquarius Platinum's longer term future appears to be bright and potentially highly profitable.
Posted at 02/7/2015 15:05 by dyfiman
Hello to the platinum gang....... !!

Bought in this morning after several days of research into
the travails of AQP over the last few years.

What convinced me, ultimately, to invest some hard-earned were
four things: *the cash from the Everest sale *the possibility
that a Chinese outfit may well be back soon for a poss. takeover
*the possibility that AQP share price has, indeed, bottomed
*and finally..... the actions of AQP directors and senior staff.

On April 15th (?) seven of them bought large chunks.......

......... and yesterday nine execs bough big chunks ! ! !

Oh...and also........ with the share price at 6.7appx .......
there's a long way to go to get it even near to the heights it once was.
Surely it can't fall much now so the only way is UP.
And I can wait.

Rgds all.
END
Posted at 12/6/2015 17:31 by m_n_tomlinson
Ahh sorry about that garth.

Here's a good post from LSE. I'm not on the LSE, but read it via discussthemarket.com.

Apologies to poster if on ADVFN, but I thought it was an excellent summary. Pretty much sums up how I feel, but could not express so eloquently myself.

m3ntis 11 Jun 2015

Summary My assessment - - Platinum currently ~$1136/oz and appears to have bottomed vs production costs of $800/oz & shareprice was between 16-20p when platinum at $1213/oz (8% drop in income vs 45% drop in share price) - ZAR/USD was 10:1 when between 16-20p now ~12:1 (~20% improvement in income) - Price/ Book of .53 = a valuation of 17p a share, - Positive sale of mining assets generating 450M (ZAR) - Cash flow positive $141M (USD) (undervalued company) - price appeared to double bottomed & then found support (for now) - AQP 'appears' to still be the 5th largest platinum producer globally even though suffering a reduced last quarter (market share) - Vehicle manufacturing numbers have increased again despite reduced global growth, personal spend per capita is increasing (demand), - China recently reduced interest rates again to spur growth whilst shutting down local metal refineries due to pollution levels (demand) Zimbabwe Mimosa mine - 50% owned with Implats who, separately are refurbishing a refinement site to comply & remove the 15% local raw material tax implications - theory being Mimosa (& AQP) will be able to use this site in the future and so not have the 15% tax implication also. - 15% tax is not being applied as all Zim platinum miners had ceased raw material export (since Jan). Since the decision to suspend the tax in late May, AQP & all Zim producers will be shifting in-bulk raw material onto the market hence any drops in price may be attributed to this event. - Implats do not wish to invest in expanding Mimosa whereas AQP does (risk to expansion unless AQP goes it alone in Zim) I'd suggest AQP is a take-over target (challenge being the ~24% local ownership which triggers duplicate payment from a foreign perspective) or given the cash levels to either share buyback, wait and hold as commodities are still depressed or acquire additional licenses and diversify into other commodities. anyone have more Information on the debt or remaining bond to be paid later this yr; I understand the bond was mostly repaid thru the dilution of shares in early 2014 when the share price was around 20p.. Immediate negatives being the 1.5BILLION shares out there making over supply & share price growth difficult, Zimbabwe pushing for a 51% local ownership stake, Bond repayment later this year. Late June production report, Late July End of Financial year report.. Anything else out there to add or amend to my thoughts?
Posted at 06/5/2015 15:49 by dros1
RBC Capital Markets has downgraded its recommendation on Aquarius Platinum (LON:AQP) to 'sector perform' from 'outperform', stating that the stock offers limited upside now that the 15 per cent Zimbabwean levy on platinum exports is in place.

The broker added: "we believe that more focus will be placed on the balance sheet and Aquarius' ability to service its debt.

"While we believe it can do so, the longer-term impact of the levy on cash flow should drive the company into a negative FCF position which poses a risk to longer-term liquidity."

Analysts have cut their price target to 10 pence a share from 20 pence.

At 1:42pm: (LON:AQP) Aquarius Platinum Ltd share price was +0.09p at 9.1p
Posted at 30/10/2013 12:11 by robseaton
[...]


The Age of Aquarius?




By Trends and Targets | Sun, 27th October 2013 - 13:27


Aquarius Plat. (LSE:AQP) is a share which features in our Master List. This is a collection of over 100 shares for which subscribers require constant updates. Recently, it also featured in our mailbox which tends to suggest a few folk out there 'in the wild' might also be interested. As a result, it becomes an obvious nomination for this weeks published report .

I've given two charts against this. The upper one dates back to the age of the dinosaurs and shows something a little scary. During the first part of 2013, Aquarius share price reacted to a trend dating back to May 2008. Until May, the market decided the share was NOT going to be allowed the experience of 'breaking out' and the share price slavishly was walked down the BLUE LINE until the point where it had to be allowed to experience a party with an extravagant breakout dance.

Alas, the lower chart illustrates just how extravagant the party really was. The price was allowed to rise by just four pence... This does not send out a good signal to investors, many of whom will be trapped from the heights of 2008 and seeking to 'Average Down' in the hope of this story having a happy ending. We do have some good news. Prior to the price breaking through BLUE, we'd an absolute bottom target of 40p. The share had exceeded that target and we lacked any number below such a level. However, with a miracle movement, the price exceeded the BLUE line which our favourite logic means we must ignore everything which went before. The share can now go up in value.

Except it hasn't, really.

Instead, it has floundered and is currently regarded as heading to a bottom of 40.5p. As the lower chart shows, this number is not particularly terrifying as it's above the 'abandon hope' Amber Level.



So, where's the good news amongst all this misery?



The BLACK line illustrates a pretty deliberate series of price movements during Sept/Oct and tells us someone, somewhere, still cares deeply about AQP's share price. As a result, movements above this level would prove to be significant. For such a miracle, the share price need only exceed 49.5p and this will place the price in a zone where growth to an initial 56.5p becomes possible. While this is still not terribly impressive, it would allow the share price to exceed the high since breakout WHICH IS A BIG DEAL and this allows me to dream of further growth to 65p and beyond. Needless to say, the really important number in AQP's future is at 75p. In the event of the share price closing above such a point, selling to take profit may prove a silly error for the longer term as serious growth becomes possible.

Finally, the danger numbers. In the event of the price managing to CLOSE below 40.5p, we're looking at reversal to 30p or so. With ultimate bottom of 14p! Which is not good and probably ridiculous for a share which was trading above 8 quid recently?

By Alistair Strang, Trends and Targets Ltd
Aquarius Platinum share price data is direct from the London Stock Exchange

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