Anglo Asian Mining Share Discussion Threads

[king suarez] 30/4/2020 15:04

I guess this must be why the low price?

[wanobi] 30/4/2020 15:00

nope, not me KS,,, but chart looks interesting :-) Cheers Wan :-)


free stock charts from uk.advfn.com

[king suarez] 30/4/2020 14:55

Anyone know anything about JKX? Oil & Gas producer in Russia/Ukraine.

Seems dirt cheap to me. Just gone debt free, annual results show $100m revenue, profit before tax $30m, $41m cash from operations, has cash in the bank yet market cap only £30m.

Looks a bargain - but wondered if anyone here has any view on why it is so cheap?

[bumpa33] 30/4/2020 14:23

Tut tut, bad form Es_f - couldn’t make it 7 days on the trot for a +0.5 gap up?

[donald pond] 30/4/2020 13:48

I was listening to Ray Dalio this morning saying that the one thing to be certain about is that bonds are a bad investment: you are paying currency, to get back that currency at a guaranteed loss, knowing that lots more of the currency is going to be created while you wait. He was bullish gold and high quality, cash generative companies.

[brasso3] 30/4/2020 13:43

German 10 year bonds at -0.55%

[lefrene] 30/4/2020 13:28

Interesting how gold is being used in India to raise loans.

[wanobi] 30/4/2020 13:25

many thanx for heads up pogue, cheers Wan :-)

[saint in exile] 30/4/2020 11:40

YGEN going to pop any day now

[mad foetus] 30/4/2020 11:26

And DDDD looks to have had a textbook gapfill

[mad foetus] 30/4/2020 11:26

EML looking great with lots more to come imo, but not easy to buy as nobody is selling. You can only buy when they are marked down to half price, what a game indeed!

[brasso3] 30/4/2020 11:23

That makes TSGs recent RNS look off the charts!

[goodgrief] 30/4/2020 11:16

Conroy identifies 1.0m @ 0.4 g/t Au and the shares leap 27.6%. Come on Steven Whitehead you can do better than that!

[pogue] 30/4/2020 11:13

I am posting a lot this morning bit of a lull, anyway for anyone wanting to see AAZ present there is a proactive event on 21st May which is now going to be online it appears from an email I got this morning.
sign up with this link
www.proactiveinvestors.co.uk/register/event_details/248

[mad foetus] 30/4/2020 11:13

Just had a nibble on ACP, nice looking chart and just issued shares at a premium.

[pogue] 30/4/2020 11:07

Brasso
the American engineering contractors I work at have already told us workers that we are getting away from our staple O&G and going into hydrogen which is the product of the all the renewable electricity we are going to be getting. There is not a lot of money for large contractors setting up solar and wind farms but hydrogen facilities is another matter as we are then into very specialist equipment similar to O&G.

[mad foetus] 30/4/2020 11:05

They need their Nomad to get them in front of equity income managers, but the spread and liquidity are huge barriers at the moment. It's all chicken and egg, we need news to break logjam

[return_of_the_apeman] 30/4/2020 11:02

Market cap too small for pension funds me thinks

Share price will be news driven - may be we will get a flurry of news following the FY results in 2 weeks :-)

Matt - what are you expecting on the strategic news front?

I will go an read all past rns for the last couple of years again, that may help

[mr roper] 30/4/2020 10:59

china might struggle if they can’t nick everyone else’s IP going forward.

[brasso3] 30/4/2020 10:55

There is also lots of talk about a bit green push the other side of this meltdown. Maybe the EU and China will be the main drivers of that.

[pogue] 30/4/2020 10:52

Brasso
Doh you are right Iranian sanctions restarted in 2018.
I agree regards the QE to a point, it was banks that loaned the government cash which was sloshing about to the shalers in the hope of a return on their investment not the government. They are paying for that now as they become oil company owners.
My point though is you cannot predict oil too far in advance there is always something that changes it. Going forward if Trump loses the election the Democrats could stop Iranian sanctions and flood the market again, they dislike oil companies for supporting the Republicans so would not put it past them. On the up side profitable shalers will probably be taken over by large oil companies, Exxon etc and run at a sensible rate rather than constantly drilling, ie only up production when oil price is high, assuming they get the assets at a low price which is odds on just now. Loads of massive known and unknown unknowns out there.

[saint in exile] 30/4/2020 10:45

If the likes of Shell are slashing their divis,ours is going to look very attractive to a lot of pension funds...just saying@

[swallowsflysouth] 30/4/2020 10:38

65% of global oil consumption is used by cars. In my area there has been a noticeable and considerable reduction in the number of cars on the road. Depending on severity of economic downturn and numbers of office workers continuing to work from home as we come out of lockdown will reflected on oil consumption usage by cars in addition to any cutbacks caused by failed businesses ?