Anglo Asian Mining Share Discussion Threads

[sportbilly1976] 16/5/2019 16:07

wan,

STCM - reckon the MM has made their cut on the stake to be offloaded - bid reducing despite all buying

potential signal that they're not too far off clearing the stock?

[bumpa33] 16/5/2019 16:02

interesting, Novum steps down (told to take a hike?) at BLOE. Wonder if that was anything to do with the recent placing...

[mad foetus] 16/5/2019 15:58

Lols Ptolemy!

[sportbilly1976] 16/5/2019 15:23

P/E:

(from today's release)
Profit per share attributable to the equity
holders of the parent
Basic (US cents per share) 13 14.32 2.23
Diluted (US cents per share) 13 14.32

Taking a live FX of 1.279, that's 11.2pence per share.

A quick online search appears to show an industry average of 12.7x = 142.2p price target :)

[ptolemy] 16/5/2019 15:15

Mad,

The answer to your question is BUR! ;-))

But I hope that improves because I, too, am a holder.

[sportbilly1976] 16/5/2019 15:13

slight thought that maybe one (or both) of the 100k buys could be PMDRs?

[jaspoland] 16/5/2019 15:08

Would be nice to have a finish over £1 but if it's not to be there's always tomorrow :)

[laurence llewelyn binliner] 16/5/2019 14:48

Now we are a £100M MCap company, some fund managers might be revisiting their portfolios about now, for the CG and the dividends.., Spangles note was good but some of their figures I don’t agree with, none the less a 126p target is a good step forward, and Q2 is only 6 weeks off now, knocking on the door of debt free...!

[sportbilly1976] 16/5/2019 14:45

looks like a few to be had under 100p :)

[sportbilly1976] 16/5/2019 14:44

lol - I wonder what approach they'd take with their own money!?

[mattjos] 16/5/2019 14:43

fund manager in question must be 'mentally challenged'

[crazycoops] 16/5/2019 14:35

SB, Hardman are a paid for research outfit but like I say, the four-page note in February was just a teaser and they won't be updating unless AAZ contract with them (Hardman told me this directly)

[goldrush] 16/5/2019 14:32

crazycoops

Well said......that is my understanding as well.

However given these excellent results.....and the future exploration good news and development.....Hardman etc could find a niche.....especially for Insts etc who want to start building a stake .....IMHO

Edit....I Know a big fund manager who had looked at AAZ and had it on it's buy list a year or two ago and then said sell.....I think they may now be re-looking at that recommendation again......

[crazycoops] 16/5/2019 14:30

A nice little write-up on Proactive, focusing on the 342% increase in pre-tax profits https://www.proactiveinvestors.co.uk/companies/news/220396/anglo-asian-mining-s-profits-surge-as-costs-tumble-at-gedabek-220396.html - Andrew Scott tells me he will be interviewing Bill tomorrow

[sportbilly1976] 16/5/2019 14:24

Ah - the google search seems to indicate "...has been commissioned by the Company.."

[bumpa33] 16/5/2019 14:20

nope, IOF.

[crazycoops] 16/5/2019 14:19

SB, the first Hardman "introductory" note was not commissioned, it was a teaser by Hardman to try and secure AAZ as a client. Whether Bill and the board see value in commissioning Hardman on a retained basis remains to be seen but if not, we will have to rely on the house broker for market forecasts.

[sportbilly1976] 16/5/2019 14:18

Hi,

Was this not in relation to STCM? (apols if not)


Bumpa3316 May '19 - 09:28 - 6211 of 6226
0 0 0
looks like there's an update on yesterday's mention sb76, slightly better indicative range though still some way south.

[robo21] 16/5/2019 14:14

The chart here is a thing of beauty

[bumpa33] 16/5/2019 14:13

sorry sb76, you got me mixed up with someone else?

[mr roper] 16/5/2019 14:11

Good chat,mf, nail on the head. I'll be adding in the kids isa shortly.

[bumpa33] 16/5/2019 14:08

report on STCM?

[wanobi] 16/5/2019 14:00

Good afternoon all, had to take a break from the screen/ADVFN AAZ threads, too many positive posts on AAZ :-) LOL,,,, don't get me wrong, bring them on, I just needed to get away and sort my head, get calm again so I can think clearly and not get too carried away with all the euphoria :-) out there... :-) all part of my patience management :-) Cheers Wan :-)

yes SB agreed, 100K trades, don't think I've ever been offered that size before, certainly I've bought in 50K lumps in the past & when I was wanting more and would have taken 100K at the time.... if I'm wrong, no problem, someone correct me/SB, but I certainly don't recall it :-) LOL

GLA
Cheers
Wan

[sportbilly1976] 16/5/2019 14:00

Investment horizons??

10 105.35 10434 103.0 106.0 08:04:04
75 98.08 10434 96.0 101.0 13:57:36

???

quick/impatient way to losing £758+costs