Amerisur Resources Share Discussion Threads

[jonnycash1] 26/4/2017 19:06

More interesting to me is President Energy, the Michinoko stakes in both companies and the Pirity sub-basin. Strategic tie up on the cards?

[valentine] 26/4/2017 18:58

"I'll never join a club that will accept me as a member".. Groucho Marx.

[tonyrelaxes] 26/4/2017 18:53

For reasons I can't recall, in or after 2009 when RH first declared a holding, I had the feeling Michinoko and RH were 'closely connected'.

[lucyp00p] 26/4/2017 18:07

Of course. I would say they are one and the same

[marnewton] 26/4/2017 17:56

LOL! Lucy;¬)

I have erred - back to t'other board!

It's a time thing, jumping from board to board, life's too short.

M

[big7ime] 26/4/2017 17:38

Are the two linked?

[lucyp00p] 26/4/2017 17:35

I might be sticking my neck out here but I'll wager "plethoric melange" has never appeared on any other bb ever.

[lucyp00p] 26/4/2017 17:32

Those sort of questions will lead to a swift adjournment

[valentine] 26/4/2017 16:24

GC doesn't care about attracting retail pi's other than to fleece them or worse imo. This bb has trustworthy lt posters and has had for ten years plus. This one's new posters is a plethoric melange of sensible and stupid inanity. I know which bb I Prefer. One day we will be offered the alternative to pay a premium to.post or be barred.. seen it before. Beau/Monty's thread tolerates all comers, and the out of order ones get filtered. Works for me. Tell me when the bar is open. Meanwhile not putting shinola in pre-agm shenanigans and plans revealed, and then probably not til post st Leger day

[toptrump1] 26/4/2017 16:06

Not if it's Rex.
If anyone's going to AGM could they please Ask if Clarke's involved with Michinoko an offshore investment co just increased their stake
It's all a bit tawdry I think it'd be much better for the share performance everything was out in the open preventing conspiracy theories.

[quidnunc] 26/4/2017 15:57

The present is not too sucking marvelous and the future has always promised more than its delivered.
But yes, will try to stick to one thread but my travelling devices are stuck with past links.
Q.

[tsmith2] 26/4/2017 15:53

surely we are going to get a holding statement re: who's been selling down...

[bigbas] 26/4/2017 15:47

iT WILL BE GOOD NEWS - THERE IS AN agm ROUND THE CORNER

[squiresquire] 26/4/2017 15:45

Martin

Thanks for that, good news...just, but thats aim, here is to a decent RNS to help things along.

[bryet] 26/4/2017 15:17

Drill news overdue hope it's good news when it arrives.

[marnewton] 26/4/2017 14:31

Hi squire,

Will do. Both are just holding up, critical levels, where a bit lower could mean a lot lower.

SMA does seem to be forming a basing pattern, as suggested by Big7, but it's also still just within an ascending channel from December 2015.

I'll put charts up on both threads later or tomorrow.

M

[tonyrelaxes] 26/4/2017 13:31

Removed.
I misread a post!

[squiresquire] 26/4/2017 12:48

True, the chart does look good. But Clarke has his record you clearly know about, he has also bought in Jeremy Sparrow as well as Rupert Fraser both of whom have really top records in finance and investing, but also with Asian markets. Jeremy Sparrow has had a pretty stella career with Hong Kong being his most recent high flying base.

The new CEO they have bought in recently was also Hong Kong based, ime curious as to why the Hong Kong / China bias in Clarkes thinking?

[big7ime] 26/4/2017 12:36

SMA does look interesting, possibly a shell for a reverse takeover? The chart looks to be forming a Bowl so any significant interest or news could propell it on its way. Purely technical I haven't looked at the fundamentals but notice they have sufficient cash

[squiresquire] 26/4/2017 12:05

Martin,

Bit of a cheek here, but i see both SMA and PANR are looking as if they may be about to move up. I think both could move substantially on news they are both waiting for.

I realise SMA is too small to chart, but any chance you cold have a go at PANR as you have covered before? Thought i would ask, cheers

[big7ime] 26/4/2017 11:18

Interesting news paper article at weekend on small caps:

"New purchases

I have replaced the five sales with the following recent purchases:

Amerisur Resources (AMER +
) – oil exploration and production in Colombia and Paraguay. I’ve held and sold this stock before but have just bought back since it looks ludicrously cheap. Now producing 5,000 barrels of oil per day, 7,000 by year end and 20,000 by 2019, with an operating cost reducing to $15 per barrel and sitting on $40 million cash. Revenue for 2018 forecast at $136 million for $50 million pre-tax profit and P/E (price-to-earnings ratio) of 9.

Bacanora Minerals (BCN +
) – a lithium carbonate miner in Mexico. Knowing the competent board and good quality institutional investors with 40%, I’ve been watching. I bought the stock following last week’s announcement of a partnership with Japan’s Hanwa Co, one of the largest battery chemicals traders in Asia, taking 100% of current production, whilst buying 10% of the equity. Not only does this give BCN an assured revenue stream to build on, but also validates their battery grade lithium.

Hutchison China Meditech (HCM +
) – an innovative Hong Kong-based biopharmaceutical company aiming to be a global leader in targeted therapies and oncology. Normally this would be a bit blue-sky for me but I was attracted by the prescription drug service and strong growing demand for their coronary drug, such that revenues increased to £148 million which could show a solid profit were it not for spending on new drug development R&D, although a £50 million contribution from two powerful Chinese joint ventures mitigate this. Five brokers follow the stock and all mark it a 'strong buy'.

M P Evans (MPE +
) – a palm oil producer in Indonesia which sold some peripheral interests last year and could dispose of property assets in Malaysia too if necessary. That leaves it focused entirely on palm production where they are expanding their plantation hectarage significantly to deliver strong crop growth. Now with £8 million cash, earnings per share are projected to grow 75% in 2017 for a low PEG (price-earnings-growth ratio) of 0.2. A bid last year by Malaysian palm oil company KLK at 740p was rejected strongly by the board. If they bid again, they’ll certainly need to make a £10/11 offer now.

Sirius Minerals (SXX +
) – developer of the world's largest quality deposit of polyhalite in north Yorkshire. The mineral is a rich source of potassium and is a vital ingredient in fertiliser. Possibly the most enigmatic quoted company in the UK, with a market value of over £1 billion, with no revenues yet in sight, cash of £261 million, burning at £23 million in 2016 reducing to £12 million losses in 2017/18. It might seem hard to make a case to buy, but actively traded daily and considered by two brokers a ‘strong buy’, target price 60p – equivalent to a £2.5 billion valuation.

Having just moved from AIM to the main market, Sirius is sadly now no use for IHT planning. Perhaps there’s some comfort in knowing that construction is on track with the mine projected to open in 2021, then potentially a massive operation; the shares should rise steadily over the next four years. Lock them away and watch with interest.

I’ve bought these five stocks, but do your own research and stay alert for the essential 20% stop-loss protection.

David Kempton is non-executive chairman of Hawksmoor Investment Management. He is an experienced investor, proprietor of Kempton Holdings and a non-executive director of a number of quoted and private companies. He may have an interest in any of the investments which he writes about."


Not sure I agree with the last one!

[marnewton] 26/4/2017 10:33

Tedious!

FFS!!

Can't we stick to one thread please? At least the new one doesn't have an antediluvian header. This one is useless if we want to attract new blood!

For those who want to live in the past, remember, the past sucks!

Rant over.

M

[charlieeee] 26/4/2017 09:41

The most obvious connection between Michinoko and GC is that they are old business associates, as both were in the "pet" business and it looks as if they are backing him to do another big build up and sell job (which would fit in with that interview given by GC in the Evening Standard).

The relationship is obviously a long standing one and for that reason, yesterday's RNS should probably be regarded as really good news: maybe our "Marl moment" will come sooner rather than later.

What it does demonstrate is the quality of GC's network and his ability to mobilize this effectively and neutralize the RH games which were so damaging to PIs. On a self interest note, it will certainly add support for the BOD, both in direct votes and by stopping the RH rot, reflecting negatively on the BOD.

All we need now is some good drilling news to burn out that short. Without the RH supply, a 7m re-purchase is going to have some interesting results.