Altyngold Share Discussion Threads

[tightfist] 29/10/2019 09:57

Fingers crossed - soon to be followed a supportive RNS!

[w1ndjammer] 29/10/2019 09:43

this should be the final clear out of the overhang...

WJ.

[chrisis33] 29/10/2019 09:26

A consistent level of buying this morning

[stonefold] 29/10/2019 08:54

Thanks tightfist,
It all helps in understanding the factors influencing the share price.

Eventually they will finish selling/reallocating/reorganising/renaming their funds.

For the two European DWS funds:





Click on the Downloads tab.

Then select the most recent PDF document that includes the portfolio such as
Halbjahresbericht half year report) or (Jahresbericht year report).

[excellance] 29/10/2019 03:17

I think people were dumping shares in many small miners, and maybe elsewhere too, to jump into Eurasia Mining which is the share of the month and maybe year!

[stevea171] 28/10/2019 19:35

If this company releases good news on production the remaining overhang is likely to be soaked up by buyers.

It seems some new seller appeared on the scene today and dumped 10 million plus shares with no regard to price.

The uncertainty about production progress and share sale of the century goes on until the company delivers on its promise of 7 weeks ago:

"The loan will be used to ramp up production at Sekisovskoye and to achieve the Company’s current development plans.
The Company will update shareholders as plans progress."

[mikro1] 28/10/2019 19:07

Day to day movements should be ignored as this is such a small market cap with such low volume. Q3 / H2 news should provide ammunition for a good rise.

[stonefold] 28/10/2019 18:32

History for DWS Overhang specialists.

The Placing on 11-03-2014 included 162,545,857 shares at 2.175p with new institutional investor(s).


Deutsche Bank AG - declared 112,545,857 shares.
Which went into Three funds:
39,000,000 DWS Osteuropa
39,045,857 DWS Russia
34,500,000 DWS ??? not found ??? Perhaps they had a near to China Fund.


There was no declaration for the other 50,000,000 shares (But they ended up in a related fund)
50,000,000 DWS Central & Eastern Europe Fund, Inc.


Adding
39,000,000
39,045,857
gives
78,045,857 which currently is 3.04% held by State Street Nominees Limited

The other remaining shares would be in other Nominee accounts but be below the 3% declaration threshold.

Are DWS streamlining the number of funds they have to save on costs? Some of these funds have quite a bit of overlap.

[stonefold] 28/10/2019 18:28

Can someone who has access to



kindly let us know,

What are the most recent:

Figures for the number of Altyn shares held?

And the date when those figures were updated?

For the following four (1 Fund-holding Company and 3 Funds)

DWS Investment GmbH

DWS Fund - Central & Eastern Europe Fund, Inc. CIK 0000860489 / CEE

Fund - DWS Osteuropa. Lu0062756647

Fund - DWS Russia. Lu0146864797



Is Morningstar more up to date than:

----

Which has

DWS Investment GmbH
as of 30 Aug 2019
119.93m shares

----

Which has

DWS Investment
Fund - Central & Eastern Europe Fund, Inc.
Share Holding as at 31-07-2019
50,000,000

----


Which has

DWS Investment S.A.
Fund - DWS Osteuropa
Share Holding as at 30-06-2019
39,000,000

-------


Which has

DWS Investment S.A.
Fund - DWS Russia
Share Holding as at 30-06-2019
39,045,857

[stevea171] 28/10/2019 16:58

1,158,937 x 0.5780 pence = £6,698 = peanuts
($17 million bank loan agreed last month.)

"The Company is pleased to announce that it will issue 1,158,937 new ordinary shares in settlement of fees to a service provider who expressed preference to receive payment in shares. The shares will be issued at a price of 0.5780 pence."

11/9/2019. Funding update
Altyn plc (the Company) is pleased to announce that its application for a loan of US$17m (6.5bln Tenge) from Kazakh Bank JSC “Bank Center Credit” (BCC) has been approved by the bank’s credit committee.
The loan is repayable in instalments over a term of seven years and bears interest at 6%.
The loan will be used to ramp up production at Sekisovskoye and to achieve the Company’s current development plans.
The Company will update shareholders as plans progress.

Altyn’s CEO Aidar Assaubayev commented:
“The aim has always been to obtain the necessary finance at terms that are competitive and in the best interest of shareholders. After exploring a number of opportunities and an extensive due diligence period we are very pleased to update our shareholders on the funding received. This funding will, I am confident, provide a springboard for future growth. ”

[phillkay] 28/10/2019 16:47

The additional listing is a small amount really, is that the (other) reason for the sell off?

[homebrewruss] 28/10/2019 16:11

someone's had enough and sold up. more of the overhang?

[excellance] 28/10/2019 16:00

maybe they arranged the loan to buy BMW cars for all the family and extended family?

[excellance] 28/10/2019 15:42

gold price is falling due to to yet another brexit stitch up...

[littlepuppi7] 28/10/2019 07:54

Really don't think there are many cheap shares left out there. Hoping this is the week we clear them

[littlepuppi7] 28/10/2019 07:36

It's a totally trivial amount i would prefer them to have shares lol. It is a vote of confidence though..

[homebrewruss] 28/10/2019 07:10

I'm not sure what to make of it. It's a curiously small amount of money.

[tightfist] 28/10/2019 07:05

A small vote of confidence? I guess the "service provider" has more insight to company operations than me......

[excellance] 27/10/2019 19:27

free stock charts from uk.advfn.com

[tightfist] 25/10/2019 21:05

Hi Stonefold,Thanks for the detailed and complex research. Good to feel that the ii selling cannot go on forever and some are also probably locked-in for some considerable while.The end of the overhang is largely conjecture; for the patient LTH we are more interested in what management have to say about their future plans; I have not yet given up on a Q3 performance update being released.Cheers, tightfist

[roguetreader] 25/10/2019 14:36

Cheers Stonefold, interesting post