African Battery Metals Share Discussion Threads

[taylor20] 28/9/2010 11:50

A very solid set of results, and I know its difficult to compare half year results with full year, but...

Looking at the headline figures:
ABM share price @ 280p did 26p EPS for the last 12 months
HAT share price @ 310p did 29p EPS for the first 6 months!

HAT used to have significantly more debt that ABM, but that is not the case anymore - both have similar net assets of £55-59m (HAT-ABM).

ABM have the EZCorp shareholder as a possible takeover candidate. But they've been holding for years and not made an approach, so can't see why that should add much of a premium.

Is HAT viewed as more risky management? Poorer quality store portfolio? Heavier reliance on gold purchasing?

Any views?

[philo124] 28/9/2010 08:31

Very Good Indeed.!

[moneybags] 28/9/2010 08:28

Stunning set of results.

What a size of a divi.

Regards, Moneybags

[campbed] 28/9/2010 07:52

V good results. PBT and EPS ahead of expectations by about 5% but divi by 17%. But much of reason is gold buying but may not be sustainable long term but s/be for next year or two.

[fatfin] 24/9/2010 19:20

Do Ezcorp still own a large holding? They are doing well themselves at home at the moment.

Fatfin

[philo124] 23/9/2010 19:42

CS Have 310p target FWIW.

[philo124] 14/9/2010 16:38

Big move in Gold Price.

[moneybags] 13/9/2010 13:30

The share price looks like it is going to be interesting in the run up to the results on the 28th Sept 2010.

Gold price is working in their favour too.
A & B PLC up 5.8% today

I still think I am talking to myself on this thread....!

Regards , Moneybags

[moneybags] 13/9/2010 13:21

Looks like the share price of A & B PLC will be interesting in the run up to their results on 28th Sept 2010

Regards , Moneybags

[philo124] 10/9/2010 15:47

Trying to move up.

[philo124] 03/9/2010 09:45

Usually Gold up 8% in Sept.

[one for the money] 03/9/2010 08:43

Its now reaching that time in the year when, if the tradition continues, the price rises.

All IMHO
Cheers
john

[philo124] 02/9/2010 17:08

Should up to 275p in due course.

[philo124] 25/8/2010 16:39

See H&T results and gold price move.

[fatfin] 03/8/2010 19:11

Do they back to back trade the gold or hang onto it trying to make a profit? If it is back to back traded then it would make much the same profit but hanging onto it may make a slight difference. 280 seems to be a sticking point. 11 oct 07 and we did not get there again until jan this year so perhaps it will be another 2 and a bit years until we get there again ! Hope not.

Fatfin

[eburne1960] 01/8/2010 15:34

The only thing I can think of is that the gold price has been coming off in the last few weeks.

[undervaluedassets] 01/8/2010 07:27

any clue on why HAT and ABM are falling ?

[campbed] 30/6/2010 10:54

Positive trading update today from H&T (HAT)

[mikey34] 19/4/2010 10:30

one for the money,
Re post412,like you I'm interested in both,but feel HAT has the most potential upside from here.On a pe basis it definitely suggests better value.

[one for the money] 15/4/2010 13:34

I don't think there was a tie up other than 'rumour' - the American holdings of ABM make them look promising for a buyout... but I've been saying that for three years!

Cheers
john