Share Name Share Symbol Market Type Share ISIN Share Description
Altyngold Plc LSE:ALTN London Ordinary Share GB00BMH19X50 ORD 10P
  Price Change % Change Share Price Shares Traded Last Trade
  -7.00 -6.93% 94.00 31,071 16:35:07
Bid Price Offer Price High Price Low Price Open Price
90.00 98.00 99.80 94.00 98.20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 21.97 2.44 8.24 10.0 26
Last Trade Time Trade Type Trade Size Trade Price Currency
13:09:33 O 10,000 95.00 GBX

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Date Time Title Posts
04/7/202220:20Altyn plc gold in Kazakhstan8,933
06/7/202109:43ALTYN -was Goldbridges 2,174
23/11/202014:07Altyn Gold Plc - gold production in Kazakhstan1

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Altyngold (ALTN) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2022-07-05 13:04:5095.0010,0009,500.00O
2022-07-05 12:09:3397.80500489.00AT
2022-07-05 12:08:4294.003,0002,820.00AT
2022-07-05 12:08:4294.201,5411,451.62AT
2022-07-05 12:08:1095.052,0001,900.96O
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Altyngold (ALTN) Top Chat Posts

Altyngold Daily Update: Altyngold Plc is listed in the Mining sector of the London Stock Exchange with ticker ALTN. The last closing price for Altyngold was 101p.
Altyngold Plc has a 4 week average price of 77.80p and a 12 week average price of 77.80p.
The 1 year high share price is 149p while the 1 year low share price is currently 77.80p.
There are currently 27,332,934 shares in issue and the average daily traded volume is 96,336 shares. The market capitalisation of Altyngold Plc is £25,692,957.96.
palisz: Teren-Sai. Significant detailed drill results here have never been released to my knowledge unlike for other miners. Any results given are in a summary form only. Why is this? There are a number of factors that will affect the share value of the Company. But the the current level of the share price is disappointing. From its previous level of trading and development - the current management have been progressing the development of the Company - The Company sees the main driver to the share price as being results - it is agreed PR is an issue and this will be addressed - but we have generally found that the PR firms as providing very little value at a high cost. The Company is currently in the process of appointing a UK based broker.
goldenshread: One suspects the AGM will not be recorded however there may well be some feedback from attendees, I would usually have gone to the event but due to rail chaos and London hotels demanding excessive rates currently I am not travelling to the Capital. I read the full Annual Report yesterday, what struck me was the considerable number of references to good corporate governance by both the CEO and Chairman. The family own 65% of the shares so surely they would not purposefully destroy shareholder value, there must be some explanation concerning the prepayment. I would suggest shareholders email the company to seek clarification, I have seen many such one off events over the years that can damage a share price temporarily only for the shares to recover strongly once a satisfactory explanation or unwinding occurs. Also from the AR the company comment on the share price suggesting they were disappointed at its performance and expect to see it rise to reflect operational performance, once again it demonstrates they want to see value. This could all be a storm in a tea cup, in current markets any excuse is used to drop share prices.
goldenshread: On page 7 of the AR they make commentary about the share price, they expect the share price to grow. I would also add they continually talk about good corporate governance. The performance of the share price has been disappointing commencing the year at £1.30 and dropping down to its lowest point of £0.90 in March 2022, it is currently in the range of £1.30 – £1.40. The concerns in relation to the recent conflict in Ukraine and unrest in the early part of the year in Kazakhstan may have led investors to having less appetite to invest in the region which put downward pressure on the share price. The fundamentals of the Company and progress towards its plan have been overshadowed by this negative sentiment, with all the principal key performance indicators (KPI) increasing from last year, it is anticipated that the share price will be more reflective of the potential of the Company moving forward. The Company has performed well throughout COVID, and generated an EBITDA in excess of US$26m in current financial period. With sales, production and profitability anticipated to increase, with careful management of the principal risk areas, the Company is positive about the future potential growth in the share price Https://
trader465: “because information about a qualified audit report was not made available to them” How do you know this was the reason for the share price fall? Have you looked at the wider market and share price falls of the peers?
researchcentre123: Same old problem really. If the Asabayevs decide a higher share price can help raise money for expansion, then a dividend could be a good idea. If however they decide that this is not the case ie the share price won't be raised enough to merit this, then they'll be better off either doing a trade sale or expanding through cashflow. I don't think the fact that you or I would like a higher share price today comes into it. Personally I think this is a sit and wait investment while they improve the company, not a day trading opportunity.
goldenshread: The fiasco concerning the unexplained late accounts is just another example of the BOD deliberately suppressing the share price IMO, are they aware that this delay will undermine confidence, of course they do. If they have issued the AGM notice/proxy form and voting does not include adoption of the accounts then that is a 1st on me, I have been involved with markets for a very long time. Frankly I simply wish they would take it private, make us an offer, they can continue to undermine and supress the market price of the stock for as long as they like. Where are the regular director interviews we were promised 9 months ago, they said it would be after every quarterly update, they never happened. Remember the CEO being asked why the share price was not in any way aligned to broker forecasts (currently circa £4) he said the broker forecasts were independent, what he should have said is it shows how materially undervalued we are, but no. Have you ever known a BOD to promote a dividend policy that will not be instigated for FIVE years, that in itself tells you all you need to know, why bother? The answer to that is of course it further undermines sentiment. This company has no interest in it's retail investors, they should buy us out, without doubt the grind us into the ground approach has worked. A lousy website, no Twitter account, exceptionally poor PR, all for a reason IMO. I will take £2 a share, to get more will be fantasy, this is another Trans Siberian Gold situation where it was taken private for a fraction of broker valuation by the BOD and it's major investor.
golden prospect: GS, can you imagine the squeeze on the share price for a 10% buyback! Personally would prefer to see dividend payment. In any event the organic growth looks confirmed from Q122 results. 8Koz in Q1 gives annualised 32koz/yr and revenue $56m Interims 1H21 showed Profit After Tax $8.75m ( expecting a slightly stronger 2H ) Full year results should be the best % of all the juniors Golden cross being made should be supported by the financials The last GC for ALTN in 2020 signalled the start of five-fold share price increase free stock charts from
pensionplanner: sloppy, a nominal dividend would hardly affect a repayment of 15m. That debt repayment is of no consequence to paying a nominal dividend, as if they couldn't pay a nominal dividend in all likelihood they couldn't service the debt either, which is way out and unrealistic. Raising finance on what is a bombed out share price is not as efficient as raising it on an share price double what it is now, and announcing the intention to pay a dividend, however small is just the catalyst to do that as its already undervalued. As far as not being concerned with dilution Quinan, in order for the share price to get anywhere near that it needs news to encourage the share price to rise with the prospect of a return for investors...i.e. dividend. That could actually be financially efficient and very easily so as nothing much has moved the share price even with good results, and the scenario could indeed be raising finance so what would we prefer to raise it at. £1.30 or £4 which could be set on its way by announcement of intention to pay a dividend. All the forecasts of the share worth have proven worth LESS, so it needs a catalyst.
goldenshread: This company never ceases to amaze, the Final Results still not announced and no date even provided by the BOD, these numbers are expected to be exceptionally good. Another aspect, last year the company had a very rare online live presentation, the CEO said these would be regular but absolutely nothing since despite further operational and financial improvement. One can only conclude the BOD have no interest in the minority shareholders, they seemingly have no interest in the share price either. I am still totally bemused by the answer to my question concerning the broker 'target' (£3-£4) verses the actual share price, the CEO said that 'target' was independent when most other CEO's would suggest this showed how undervalued ALTN was or words to that effect. I know markets are weak but goodness me ALTN most certainly do not help themselves, this is why I remain of the view they want to take this private at some poiint.
goldenshread: Gold stocks are starting to rebound across the board, massive disconnect between the producers share prices and the gold price, this cannot last. ALTN can add 20p-30p in a session if demand returns, the floor looks in and the stock is materially oversold. You would think by last weeks share price drop ALTN are in a war zone, they are not nor are they based in Russia. The shares are dirt cheap, probably cheaper than any time since the company was listed given the exceptional financials and production performance over the last 12 months.
Altyngold share price data is direct from the London Stock Exchange
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