African Battery Metals Share Discussion Threads

[one for the money] 01/7/2011 14:51

The rise in the ABM share price seems to be in the second half of most years

Cheers
john

[fatfin] 30/6/2011 18:58

Bet you are glad you hung on to these. What is causing this rise? Has there been a write up in a share mag. or perhaps there is about to be a write up!

Fatfin

[grahamite2] 24/5/2011 10:03

(I thought a link would help a little)

The thought has very much crossed my mind to sell and buy back in September, assuming the end of QE leads to a significant retrace for the market overall. However that would lose the Inheritance Tax exemption for 2 years. Maybe best just to stick with what has been a very fine investment.

[alter ego] 24/5/2011 10:01

www.investegate.co.uk/Article.aspx?id=201105240700141365H

solid trading statement today - results to be at top end of analysts expectations

[nellie1973] 15/2/2011 13:39

Broker note upgrade

[mikey34] 15/2/2011 07:45

Yes alter ego,very good results.Pawnbroking is a good place to be right now.

[alter ego] 15/2/2011 07:38

www.investegate.co.uk/Article.aspx?id=201102150700052180B

decent set of interims.

[alter ego] 07/1/2011 12:27

positive trading statement from H&T today

[alter ego] 06/1/2011 10:13

A piece on TV last night on programme called Rip Off Britain advised people to avoid postal gold companies and sell gold in a high street store. No mention of ABM or TSCO but message clear that you get much better deal with a shop.

[moneybags] 05/1/2011 13:13

at 1.12pm both A & B and H & T are £3.20 a share

Regards , Moneybags

[timbo003] 03/1/2011 12:00

This doesn't bode well

[moneybags] 03/12/2010 17:39

The way I see it, A & Bond and H & T Group should be around the same price so it's just A & B catching up....!

Have a good weekend

Regards , Moneybags

[old joe1] 03/12/2010 14:04

Keep an eye out on this one. Got a bullish hammer in the new uptrend followed by 2 bull candles which leads me to think we are breaking out but Id give it another day to confirm.

ABM (albemarle @ bond)

[fatfin] 26/10/2010 19:02

Yup first time over £3.00 and holding.

Fatfin

[moneybags] 26/10/2010 09:58

Is that a wee bit of history for the company....?
First time at £3.00 per share.

Regards , Moneybags

[steelman48] 25/10/2010 15:22

I don't recall seeing any mention of a gold hedge until around 2 years ago, but I could be wrong, I wish the accounts were clearer on it and at least included a note for none accountants ... I don't know when it was taken out, what the terms are, how big it is or at what price.

[taylor20] 25/10/2010 14:05

Gold would have to drop to below the hedge price for it to offer any protection though. If the hedge was put in place ~4 years ago that would be around £3-4 an oz...

[one for the money] 25/10/2010 13:26

All IMHO...

I've held this from under a pound and HAT from 'launch'

I believe HAT hasn't hedged to the same extent (if at all??) - which is why they had 'better' results. However, this might be the one to be in when/if gold drops off.

DYOR
Cheers
John

[steelman48] 22/10/2010 13:24

For the next year and the previous one they have quite a large hedge against gold I believe, in fact this is maybe what has kept the share price restrained.

[jebenn1] 22/10/2010 11:58

I have been holding this share for several years now and am a big fan and happy to hold long term.
Having said that, if you believe that at some stage in the future the price of gold will return too more normal levels, because relative currency stability will return and the risk of sovereign default will fall significantly, then I would assume that ABM will take a big hit as well.

Or am I wrong that a reasonable part of the growing profits and share price strength is attributable to ABM's exposure to the gold market?

Maybe if they make hay while the sun shines and invest the short term profits in new stores then the long term will be sunny as well even in an environment of normal gold demand?

Just thinking out loud.....

[moneybags] 22/10/2010 11:22

I got the annual report through the post this week for this company.
One of the best results I think I have read this year.

[ariane] 04/10/2010 11:02

why do you think its cheap NTV

[ntv] 04/10/2010 10:44

looks cheap to me

[one for the money] 29/9/2010 10:17

All IMHO...

...both companies are worth holding till the recession ends, but ABM has the better divi at the moment... and a history of share price rises in the period running up to Christmas.

This potential 'takeover' of ABM is always hanging over us, but the better ABM does, the costlier any takeover gets to implement. I don't know if the pawnbroking situation in the State is the same as over here but I guess it is. If so, it's all relative.

DYOR
Cheers
john