African Battery Metals Share Discussion Threads

[one for the money] 08/12/2006 11:51

I thought this second attack at the all-time high might arouse some interest on the BB ;)

Cheers
John

[one for the money] 16/11/2006 15:45

Now firmley into the run up to new year as usual.

Cheers
john

[one for the money] 30/10/2006 14:51

Kidney - as Steelman says it always happens with ABM - few shares traded and the price moves disproportionately. Also sems to be an autumn-to-Christmas rise each year
...but of course there is always a possibility of a takeover - it's why I bought in this share two years ago! :)

Cheers
john

[kidney] 30/10/2006 12:29

Is there a takeover rumour,then?This is a very strong rise in share price

[steelman48] 09/10/2006 17:34

I was wondering what it was Fatfin, maybe there's something more though, it hasn't looked back since the results, but it doesn't take much to move ABM, it never has.

[fatfin] 07/10/2006 20:50

Small write up in money week could not have caused this?

[8 ball] 18/9/2006 15:10

Nothing in them results would want you to sell.
All appears to be going along just fine.

[one for the money] 18/9/2006 08:51

Well those results aren't too bad then. Over 1.5% divi on finals and a growing and well-managed business.

Cheers
john

[8 ball] 15/9/2006 17:44

Yes H and T need a full years results plus a year free of the costs incurred with thw AIM listing.

This time next year we will have a clearer picture.

My ABM shares are free as I withdrew my original investment some time ago.
I think 75p was my first purchase.

[one for the money] 13/9/2006 08:20

8 ball: All IMHO of course...

HAT (off topic) - Also look close to value - though that assessment is v difficult for a 'new' company. I'm cautious, that's all. So these comments may seem more negative than they are meant. Although a well established firm they haven't been going on AIM long and have to prove themselves to the market. I see they propose a 3p dividend which is just over 1.5% - not bad for starters. I might be interested if they had a years results under their belt and/or the market got a bit interested in them. Spread is not bad given the number of trades, but any trade might change the spread v quickly. I am a little concerned with how successful the finace bit will be. All that said they may well be worth a small 'punt' right now that might pay off well in a couple of years. Thanks for bringing it to my attention.

ABM: (On topic). You say these are close to full value, but that didn't seem to stop the share price rising in the past. The new shops may really start to kick in on the next results. I still think they can be taken over at any time at a premium to the current share price ...and they already pay a reasonable divi (especially as I bought at under £1) so I wouldn't 'swap' because of that and the CGT implications of holding for over two years.

Cheers
John

[8 ball] 12/9/2006 16:56

Most investors ain't heard of them yet.
Bit like ABM three or four years ago, can't promise the same return.

Would like your comparisons between the two.

I

[one for the money] 12/9/2006 16:32

Thanks 8 ball

J

[8 ball] 12/9/2006 16:31

They look close to full value now.
Have a look at H AND T looks more upside from that Pawnbroker.

[one for the money] 11/9/2006 08:32

Are we going to get the run up in share price towards Christmas this year?

Any views?

Cheers
john

[steelman48] 24/5/2006 11:16

Over the years ABM has been remarkably imune to falls in the general market, not so this time it seems, though it has to be said that this decline started almost a full week before the ftse's so I'm not sure how much general market sentiment has been at play here even this time.
I think everyone on this board was surprised by the strength and speed of the rise from the 120 / 130 area to 205 in what, about 7 months? so we shouldn't really be really surprised at a pullback. (I'm not saying anyone is) 170 seems to be providing support at the moment and I won't start to worry unless it breaks back into the 120/130 range that it was in for so long, and I don't think we will go anywhere near that. On a linear chart (below) the fall looks quite dramatic and the biggest fall ever, though we're still above the 200 day MA. On a log chart (which I can't seem to paste) it looks less painful, there being bigger percentage falls in the past.

[8 ball] 22/5/2006 19:02

£1.70 May be the support level.
If not then £1.50 will be the next one.

[one for the money] 22/5/2006 09:12

Looks like the FTSE has lost its hold today. IMHO we are heading to 150 before the rebuilding of the share price.

Any views on this?

Cheers
john

[sionaj] 09/5/2006 14:38

I am new looking at this stock.It seems the board's expansion may be well timed with the increase in unemplyment forecast and the consumer debt and bankruptcy figures. Allowing for the new stores capex and time lag for them to get income earning , are the shares due for anothe rupward surge.
Also a massive sale in April seems to have triggered t a big fall, any idea who sold?

Sionaj

[steelman48] 18/4/2006 23:41

Ok John, SIPPs loaded up, you can stop holding it back now :).. I was a bit nervous about buying up here in the end but as I'm thinking a minimum 5 years with this canche I don't think there's much risk.

Oh ... and if I didn't sleep after a few pints of the good stuff I'd get really worried :)

[one for the money] 27/3/2006 09:00

Steelman

I'll do my best :)
(...I envy the Pedigree testing. I hope you got SOME sleep!)

Cheers
john

[Abuse team] 26/3/2006 18:07

Post removed by ADVFN

[steelman48] 26/3/2006 18:05

Cortez
Glad you enjoyed the Marstons Pedigree induced humour, and to know I'm not the only one sad enough to be on here in the early hours of Sunday morning :-)

John
I'm currently in the process of sacking the overpaid morons who've been "managing" my pension fund and intend setting up a SIPP. Can we hold off on the takeover till I get some in it please?

[one for the money] 26/3/2006 09:32

Thanks for the comments. IMHO, set up costs for this sort of business probably similar to a 'run of the mill' retail shop. Depends on what is in place when the shop is taken over. New shops probably have ac relatively higher ratio of overheads:income while they are settling in.

Still confident while they give a reasonable dividend and have a dividend cover of more than 2. I think this can only grow as credit extends.

(and I haven't forgotten their potential as a takeover target!)

Cheers
john

[cortez] 26/3/2006 00:59

Of course if the company was called ABM.com and never made a profit then we'd know the exact cost and potential increase in none profits every time they bought a new keyboard, but I think I prefer things the way they are.


LOL! Very true.