Amedeo Res Share Discussion Threads

[howdlep] 27/2/2018 08:10

A good day yesterday. Today starts with a premium buy...

[knicol46] 27/2/2018 08:10

cant buy @ offer, on the move

[knicol46] 26/2/2018 15:13

sp +16%, moving up on each buy, YZJ results in 2 days, something brewing

[knicol46] 26/2/2018 12:40

hxxps://lloydslist.maritimeintelligence.informa.com/LL1121548/Yangzijiang-Shipbuilding-forms-leasing-joint-venture-in-Singapore

[oilbuy] 26/2/2018 12:14

10.42 paid. Rig sale please FFS

[knicol46] 26/2/2018 12:07

something brewing

[knicol46] 26/2/2018 11:06

YZJ news..
hxxp://www.seatrade-maritime.com/news/asia/yanzijiang-invests-in-another-vessel-leasing-chartering-jv.html

YZJ results due 28 Feb

[davethechef] 22/2/2018 18:38

Indeed. And another day, another positive article re market recovery re: offshore
hxxps://www.offshoreenergytoday.com/transocean-encouraged-by-upward-momentum-in-oil-prices/

[howdlep] 22/2/2018 09:01

Yes indeed re nominal price of shares. As for any future placing associated with new rig orders or an increased copper mine investment, I doubt whether QIC will dilute their 61% holding, especially when they bought at 50p. That is why the move higher, will be so rapid with good news, as you simply will not be able to get hold of stock. It will be premium buys for any decent size.

[knicol46] 21/2/2018 20:31

another good point is the share price is sitting at the nominal price of 10p. This is the minimum price shares can be issued at if any placing came forward. However due to the low shares in issue (33m) of which 80% not in public hands would expect any placing to be at a premium price.

[davethechef] 21/2/2018 19:48

Generally positive article on the recovery in offshore drilling
hxxps://www.rigzone.com/news/wire/offshore_oil_recovery_beginning_in_worlds_harshest_environments-21-feb-2018-153604-article/

Our current share price is frustratingly near new lows(mainly due to bored P.I's selling in response to the continued delays in the rig sale) however our market capt is now equalled by our healthy cash position & substantial loan owed, in due course.
We have no debt, a 19% stake in an offshore yard, which has seen increased work, a 2.5% stake in a producing copper mine which in turn is 'feeding' copper to our 49% interest in MGR Resources. MGR Resources, come June's Results will see substantial increase in revenues/profit, through the increased copper feed/prices and increased iron ore prices, in particular.
Clean energy vessels & burgeoning LNG appetite has been mentioned for our offshore yard along with new rig production. Our JV partners & Amedeo are well connected & operating in one of the world's most progressive & well sourced growth areas. Amedeo have £Billion shareholders, who are supportive too. One suspects they are well informed. The shares are tightly held.
It's frustrating waiting for news, but it'll be interesting to see what our JV partners & Amedeo do with the cash pile, on the rig sale & next developments.

I see a possible 5 bagger FWIW, this coming year, on interesting developments.

[howdlep] 07/2/2018 07:08

Good news as owners of old jackup rigs realize their gamble isn’t paying off:-

[howdlep] 01/2/2018 09:36

YZJ only:-

[knicol46] 01/2/2018 08:58

YZJ news..
hxxp://en.asiasis.com/bbs/board.php?bo_table=project

[knicol46] 31/1/2018 12:21

last traded +21%, 4 mm's control this stock, 1 already parked on 16p, awaiting main news (well overdue), good luck all

[howdlep] 31/1/2018 11:30

and a move above resistance and MA200 at circa 14p will bring in those momentum traders. Looking good

[knicol46] 31/1/2018 11:20

14p to buy current, low volume available - positive news will be unable to buy for sometime

[howdlep] 31/1/2018 11:08

Interesting that both AMED and LEG are up today. Worth noting then, that LEG own 192,307 shares in AMED (adjusted post 100:1 AMED consolidation).

News coming, 2+2=5?

I own both AMED and LEG.

[howdlep] 31/1/2018 10:09

MM's need your stock. No chance!

[knicol46] 31/1/2018 10:08

no quote to buy @ offer

something happening

[davethechef] 28/1/2018 10:02

'The forecasts are being made as the dry bulk sector emerges from the historically low point in the shipping cycle driven by higher demand for dry bulk cargo originating from China and Brazil. The fundamentals on the supply side have also reached a good point, especially due to the yard availability constraints that are expected to keep ordering activity at bay'.
The above taken from below link, dated 26 January
hxxps://worldmaritimenews.com/archives/241858/is-there-room-for-consolidation-in-the-dry-bulk-industry/