Anglo Asian Mining Share Discussion Threads

[pogue] 26/5/2020 09:36

RB
well done on MARS I hope my holding goes into profit at some point lol. Was just checking I bought it in June 2016 I should look at the divis I maybe in profit that way.

[c0lin1] 26/5/2020 09:34

yes thats it sporran

[2sporrans] 26/5/2020 09:32

"In our case at Aaz EV is mark cap plus cash"

Isn't EV=MC+Debt-cash?

So AAZ soething like 142+0-27=113 EV=£113mn ?

[skeptic1] 26/5/2020 09:22

Really concerning share price action here.

[bo doodak] 26/5/2020 09:18

O/T - really interesting and informative discussion

[baddeal] 26/5/2020 09:15

Gf, back to the importance of EV. It is fundamental when valuing companies as fundamentally companies should be valued based upon assets/cash flows to get to an EV. The capital structure ie equity and debt then allows the transition between EV and equity value. Debt is often fundamental to growing companies (not least aaz as had they used equity to fund the growth all those years ago shares wouldn't now be worth what they are) EV is the main valuation method used in the private equity world where the concept of market cap doesn't work as there is no free market in sharesEquity value (mkt cap in quoted company) is merely the EV less the debt, or plus the cash within the business In our case at Aaz EV is mark cap plus cash.

[riggerbeautz] 26/5/2020 09:02

Thats me out of MARS held slightly too long but happy with my profit, should have sold at the off mind.

[mr roper] 26/5/2020 08:57

I hear the Orph placing was 7 times oversubscribed. Could be a pretty strong run coming there.

[jbe81] 26/5/2020 08:53

500K shares wanted at 15.5p for ORPH!

[cinoib] 26/5/2020 08:53

That was cruel, up 1p on offer then down 1p but actually down 3p on bid and some sucker sold and only got .oo1 inside, bigger fool him who ever it was and bloody greedy MM's again. Maybe the board should consider putting more stock into the market, at least it would make the market for this more stable and close the spread if there was more stock in citculation. As I don't know of another stock of this value, nevermind another goldie with a spread this wide.

[mad foetus] 26/5/2020 08:52

Gf I don't know if PUR will need more funding. But I missed out on GGP because I had so much in AAZ and I bought much less POG that I otherwise would. The value of a share is simply a result of supply and demand. We need broker support and new analysts reports to change the balance. Simple as that

[pogue] 26/5/2020 08:46

REAT in fine form again today.

[riggerbeautz] 26/5/2020 08:40

Well flagged AML Bumpa, was too focussed on MARS but good spot.

[wanobi] 26/5/2020 08:34

aha, EML, many thanx for the heads up MF, reading it now, cheers Wan :-)




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[fozzie] 26/5/2020 08:32

Yes thanks for EML mf, I paid 4.7 with costs but happy enough.

PUR flying this morning, why oh why did I not buy more ahead of the webinar, offered at 67.5p, numpty, doh!!

Great start to the week, Oilers a little slow to react to the rising oil price.

[riggerbeautz] 26/5/2020 08:29

Aha, did wonder. Thanks Wan I’m resisting the urge to bank profits as still able to sell (or buy) decent chunks.

[mad foetus] 26/5/2020 08:28

EML flying, new brokers note spelling out endgame, recommend you read the thread

[wanobi] 26/5/2020 08:26

all good to the upside Rb :-) Cheers Wan :-)


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[riggerbeautz] 26/5/2020 08:23

Morning, speaking of gaps, take it there’s one on the MARS chart?

[jbe81] 26/5/2020 08:22

4d is a buying opportunity imo. Orph looks like it will do well

[wanobi] 26/5/2020 08:20

4D - could be a shake I guess, let's see :-) Cheers Wan :-)

[mr roper] 26/5/2020 08:18

4d into the stick or twist zone,wan. Could go to 42p or on the right rns be back at 80p plus...the window is getting smaller as well

[wanobi] 26/5/2020 08:14

ok so, lesson learn't for me,,, FOMO on 4D mean't I bought a few too many too early,,, I saw the GAP, but chose to ignore it and ended up paying the price.... next time Wan,,, patience is required,,, FODO = Fear of Desperately Overpaying LOL,,, let's see how it gets on at 40p,,, Cheers Wan :-)

Let the price come to you Wan!!!!