Ambrian Capital Share Discussion Threads

[jfishy55] 23/2/2011 10:33

"32.5p NAV with a profitable business!?"

You forgot to mention the dividend cover!

[chad0x001] 23/2/2011 10:05

glad he's gone. any chief exec who lets personal differences get in the way of good business isnt worth having.

[tiswas] 23/2/2011 08:17

Bearing in mind post 278 above, this does look interesting.

[koolio] 23/2/2011 07:13

23 February 2011

Ambrian Capital plc ("Ambrian"), the natural resources investment bank, announces that Mr Tom Gaffney, the Chief Executive, has resigned from the Ambrian Group with immediate effect in order to fulfil family commitments.

Commenting on his resignation the Chairman, Mr Lawrence Banks, said:

"It is with regret that I report we have accepted Tom's decision to leave and to resign as the Chief Executive of Ambrian. We are grateful for his significant contribution to the Ambrian Group over the years and we wish him every success for the future."

[bootie64] 21/2/2011 22:11

If not already posted, check these charts from LevR and HB on Horneblowers excellent thread.

[martylangan] 21/2/2011 20:21

Same here, if this goes down to 25p im topping up! 32.5p NAV with a profitable business!? just wish i had the money to buy the whole company!

[chad0x001] 21/2/2011 19:19

Look at the chart, on the right hand side you see small peak, larger peak then a small peak again - this is a head and shoulders formation and normally indicates an abrupt fall is coming. Im still in, just getting twitchy.

[koolio] 21/2/2011 17:58

Yeah, it may go to 25p even 20p but it won't stay down for very long.
Simply AMBR will be good value at 40p and much better value at 25p.

Personally,I find it very weird that people buy or sell shares on the shape of the graph rather than the fundamentals and the value the stock carries.
I don't say it's wrong or without it's own merit but I don't think it would suit me.

Graham and Dodd are more my style. GLA.

[traderabc] 21/2/2011 17:21

He means it's going to 25 ish.

[koolio] 21/2/2011 17:15

I don't do charts, I do know that you are not referring to shampoo, so what does it mean. Should we expect buying or selling from the chartists?

[chad0x001] 21/2/2011 12:23

If ever there was a head and shoulders - this is it :/

[chad0x001] 17/2/2011 11:11

Freeman told Gaffney who apparently exploded with words to the effect of "I'm not selling anything to that man!" The division is now being shut down instead.

Oh that's such good business...WTF?

[koolio] 17/2/2011 11:04

Double post

[koolio] 17/2/2011 10:40

17 February 2011.

No love lost in the world of stockbroking between Andrew Monk and Tom Gaffney, it seems.

Monk, formerly of Oriel and Blue Oar, runs a broking outfit called VSA Capital which is keen to buy rival broking house Ambrian, run by Gaffney. But Gaffney claims he has received no offer or approach from Monk. For his part, Monk claims Gaffney refuses to take his calls but after reports of his interest emerged elsewhere in these pages this week, he made his interest known through a Stock Exchange announcement. The key to it all will be Ambrian shareholders Rick Rule - the San Diego-based investor - and Julian McIntyre's MWB Capital. Watch this space.

* Gaffney and Monk have previous. City Spy hears Gaffney despatched one of his top brass, Malcolm Freeman, to find a buyer for Ambrian's London Metals Exchange futures and options brokerage business. When Monk expressed an interest, Freeman told Gaffney who apparently exploded with words to the effect of "I'm not selling anything to that man!" The division is now being shut down instead.

[kimboy2] 15/2/2011 10:15

Times says AMBR don't recall an offer being made.

No announcement.

[martylangan] 14/2/2011 22:35

Surley he has got to offer more than £33.6m! Id want at least 50p for each of my shares...

[cyberpost] 14/2/2011 21:48

Ambrian Capital gets bid approach

14 Feb 2011

Stockbroker Ambrian Capital is believed to have received a takeover approach for the £33.6 million company.

It is understood that Third Quad Capital, run by stockbroker Andrew Monk, made a recent approach to Ambrian chief executive Tom Gaffney but was rejected.

Third Quad today changed its name to VSA Capital.

Ambrian's shares have surged in recent weeks, picking up steam after a trading statement on 1 February telling the markets that its profits would be "substantially ahead" of the £1.8 million estimated in its December update.

Shares were up 0.87p to 31.9p today. Before the profits forecast upgrade, they were changing hands at 23.5p.

Analysts said Monk was probably itching to do a deal now that he had got some cash in from the sale of his Formjet computing business. He would have to raise money in the markets to fund a takeover of Ambrian, possibly through some kind of share issue.

Monk is known from his days as chief executive of Blue Oar Securities and was co-founder of Oriel Securities.

Both parties declined to comment.

[martylangan] 14/2/2011 19:14

Looking good gardenarc

[gardenarc] 14/2/2011 18:18

Fancy this one..

[a0469514] 14/2/2011 18:02

Can anyone explain the 4 huge trades that went through after hours? Three at 1000000 shares and 1 at 1.82m at prices between 29p and 29.5p. Presumably they are late reported sells from earlier in the day but advfn is showing them as buys.

Xylos

[koolio] 14/2/2011 14:01

Copper Hit New Highs Today.

Copper imports jumped 5.7 percent in January from the previous month, after a 2 percent drop in December, according to China's customs agency figures today. Copper prices have climbed 3.6 percent this year on speculation growth in China and the U.S. will support industrial metals demand.

China imported 364,240 metric tons of copper and related products in January, according to the customs agency. The January total was the highest since September 2010, according to Barclays Capital.

[koolio] 14/2/2011 12:26

At 30 June 2010, APIL - Ambrian Principal Investments Limited had 20 holdings and the three largest were Nyota Minerals Limited (valued at £1.47 million)which had gains of 100% from June 30 to 31/12/2010. Fire River Gold Corp (valued at £0.42 million) 35% increase June to 31/12/2010 and Emerging Metals Limited (£0.26 million). 40% increase June to 31/12/2010.

The unlisted investments were valued at £350,000 at 30 June 2010.

[koolio] 12/2/2011 16:47

Nice to see the share price rise to a 12 month high, it still has a long, long way to go.
I agree whole heartedly it's an attractive share with something for everyone.
Yield, Value, Growth, hot sector exposure, barriers to entry.
I would like to see them start a physical ETF for Copper, IMO that would drive up the company profile and introduce a new revenue stream. I think that there would be a lot of demand from investors like me who don't get exposure to stocks or commodities via spread-bets.

I have the IC article from 23/09/2010 where they write "The group's investment portfolio, which concentrates on equities and derivatives in the mining and energy sectors, did rise in value." That comment was about the 1st half of 2010, in the 2nd half I believe that the same strategy will have resulted in a massive return on investment. Look at Weatherly, Archipelago, Kalahari from August onwards, I'm not pretending to know what AMBR hold in the portfolio but I feel it is a fair assumption that it will have grown by a lot more than the market index.

If there is anywhere we can find out what they hold I would be very grateful if you can point me that way so I can run some numbers.

Incidentally, If anyone wants to post some extracts from the IC story I would be delighted, I live overseas and it will take me 10days to get a copy.

Thanks and good luck.

[gardenarc] 11/2/2011 16:58

LIKE this one had them a few years now, hopeing for more to come..