Ambrian Capital Share Discussion Threads

[hosede] 25/9/2008 09:12

This should be a massive boost to confidence, but there are still sellers (maybe one big seller) around - managed to get 100k at 20.5 right on mid price

[david77] 25/9/2008 08:11

I would join the buyers if I had any cash but my wife won't let me have any more :-(

[hywel] 25/9/2008 07:19

3 RNS's today, the company buying 3.4m of its own shares, Directors buying 1.1m between them at 20p and Sun Hung Kai raising its stake to 9.35%.

Let's hope this is the bottom, ffs!

[hosede] 24/9/2008 12:20

Bit late I think Kammax - they held the interim divi and if they hold the final that's an 8.5% yield - can't see it going down much more unless people think the final will be omitted. Would be tempted to add below 20p

[kammax] 23/9/2008 13:59

this stock is in free fall...

what was the analysts target price for their own company anyone :-)

is it worth shorting at this stage. Kings of shorts - K

[tas devil] 20/9/2008 12:17

No...



Tas

[ilancas] 17/9/2008 16:05

We couldn't realistically have expected better results than this and the balance sheet is reassuring.

[shakyhands] 17/9/2008 12:15

I've just read the results.THey seem to be trading below asset value.Need to stem the losses,though.

[stevemarkus] 17/9/2008 08:29

Also supported by quite a chunk of cash, which can't be far off the market cap.

[hywel] 17/9/2008 07:30

Interim Results out today, they maintained the divi which means they must be confident going forward:

www.investegate.co.uk/article.aspx?id=200809170700186018D&fe=1

[makingheaps] 12/9/2008 12:10

I hope you're right. I don't currently hold AMBR. I made a small profit previously buying at 36p and selling at 53p (and wishing I had sold sooner of course!)I was tempted to buy back when they were static at 40p for a while and was fortunate not to. Still tempted to get back in but lack conviction at the moment.

[jfishy] 12/9/2008 11:46

I don't think so on this occasion. Delays, as you say, rarely bode well. However, this is simply "Sorry, not doing it one the 11th, it will be 6 days later".

That says to me that they are still waiting for a bit of info before the accounts are complete or for the senior auditor to get back from holiday to sign or something like that. A simple delay with a stated date seems OK on this occasion.

[makingheaps] 12/9/2008 09:32

Very interesting. Delaying announcement of results is rarely a positive sign but you never know. It indicates that there is something to be announced alongside the standard report. A change of direction perhaps??

[makingheaps] 11/9/2008 17:59

Your link shows the results due 17th September. Did it move? To answer your question sideways I suspect

[ohisay] 21/8/2008 13:59

Can somebody change the header.!

[drago] 02/8/2008 11:05

eyebrows were raised when they sold a chunk of jlp.
looks a stroke of genius now.

[grahamg8] 02/8/2008 08:32

By their words and actions AMBR are no longer an investor in shares in other companies, mining or otherwise. They are now a bank and commodity trader. So if they say they are looking at mining oportunities that does not mean buying shares it means something else, and IMO can only be a banking deal. Take time out to consider that they still own 13.55m shares in AYM (8.88%)worth £2.3m at 17pps. Having sold the great majority of their investment portfolio why keep these shares? AYM are actively lookiing to buy into a new mining development oportunity but don't have the cash to do so at the present time, but they do have lots of assets. AMBR + AYM = a marriage made in heaven. One gets the mine they want, the other gets another juicy banking deal.

[parsons] 01/8/2008 22:59

Ambrian have ceased buying back their own shares and have now raised over £4m .There are many great cheap small mining companies out there at the moment and if you really believe, as I do that GOLD is in for a very good run then they could pick up a bargain or two.I still believe that the world is awash with PRINTED MONEY that has been used to buy government bonds on the whole yielding less than the rate of inflation.The dollar is dead in the ground and when the rest of the world gets fed up with holding depreciating dollars then GOLD is the only real alternative.Buy GOLD AND OTHER COMMODITY SHARES.Ambrian are one of the few financial shares in the right sector.Good luck all you AMBRIAN INVESTORS.