Anglo Asian Mining Share Discussion Threads

[wimbled] 07/7/2016 21:08

Thanks MJ, go with your chart selection

[mattjos] 07/7/2016 20:43

Let's see what Bremen Landesbank situation does next week

[gutterhead] 07/7/2016 20:13

Can't beat a bit of optimism. How do you arrive at that number?

[zhockey] 07/7/2016 17:22

They should make £20M ebitda next year

[zhockey] 07/7/2016 17:19

They should make £20M ebitda next year

[brasso3] 07/7/2016 17:13

AAZ market valuation (£20m) is only just above that of Jordan Ibe (£15m) now!

[brasso3] 07/7/2016 13:56

Someone is accumulating for sure with all the delayed trades in the last few weeks.

4 - 7 trading days until Q2 results. Should be one of AAZs best productive quarter EVER! Hopefully they will confirm operational costs for gold as they did last year.

[wrighty46] 07/7/2016 13:53

Just had a quick look in over on isdx looks like 124k buy also gone through over there this am. GLA

[wrighty46] 07/7/2016 13:46

20k shares.

[wrighty46] 07/7/2016 13:46

Verchally all square on the trading so far today. About 20 more buys although I haven't checked isdx. So IMO any dip is going to be very shallow, be lucky if it's enough for a paddle. GLA buyer still mopping up.

[mattjos] 07/7/2016 10:37

ok, long term chart link (hiliting the gap fill & Bashirov selling) in header now setup and working

[someuwin] 07/7/2016 08:02

Still very cheap.

[andrewsr] 07/7/2016 07:58

The Leavers were certainly peddling lies and no doubt the Remainers, which made the whole process a farce - a banana republic kind of democracy.
Good for gold and that's about all.

[wrighty46] 07/7/2016 07:57

Can't see much of a dip coming, with an update due which could come as early as Monday, IMO buying will only increase. I think a few have been caught out here trying to trade this recently. I reckon you can count the trades on one hand over the last few weeks that the buy price has dipped below the sell price intraday. And even then it was only a handful of shares available each time. GLA through 20p yoday anyone?

[jpfd] 07/7/2016 00:13

Everything bad will mostly be blamed on Brexit, and it will mostly be the truth. This idea that somehow the economic turmoil which is ensuing already is nothing to do with it is utterly fatuous and could only be believed by those who swallowed the lie that £350m a week would go to the NHS and that free trade will be achievable without free movement.

I have made a lot of money from Brexit, thanks to my gold miner holdings here and elsewhere, but I will not lie to myself and say that it was because I am a genius or that Brexit will happen without a cost.

[mattjos] 06/7/2016 23:19

not good if you are CRE at present! Aberdeen just devalued its fund by 17%, having earlier locked out its investors until tomorrow.
That's a 25% haircut YTD for investors.
You can be sure the rest will follow suit pretty quickly as the rush for the exits gains pace.
could have some ugly side-effects for any leveraged investors who might perhaps, also have exposure to the banking sector.

Everything will be blamed on BREXIT of curse but, BREXIT has simply been the healing light enabling the crowd to finally see the Emperor has had no clothes for a long, long time now.

[zhockey] 06/7/2016 23:07

Will be a down day tomorrow surely

[mattjos] 06/7/2016 22:58

prefer to go with this one, if you don't mind. Think it tells a better story.
Mind you, for any other chartists here, there are some other 'clues' in the chart for where this is going but ... one step at a time. Let's talk about those more in 3 months or so .. around the anniversary of Black Monday and the run into the USA election (come on Trump).

Lets just bear in mind that Wave 1 peaked at 85p. Coincidentally the 2005 IPO Price (near as damn it) so, first day investors stuck in the stock for nearly 6 years would likely have got out for virtually evens in early 2011.

That resistance was well and truly hammered in 2011 .... it will be interesting to see how much resistance it offers at second time of asking later this year :-)

[wimbled] 06/7/2016 22:47

Thanks MJ, make it simple from 2010 to present representing the share price only.
Demonstrate support levels between 32p to 44p.

Should achieve this range easy with pog at $1365.

[mattjos] 06/7/2016 22:26

like this Wimbled?:


free stock charts from uk.advfn.com

[mattjos] 06/7/2016 19:23

It's going to get interesting in Europe now!Italian PM just publicly pointed at the elephant in the room .. The big big problems at DB that, oddly, mainstream media have consistently failed to report this last year or so.If DB goes, there will be no chance of saving it .. Not with that Derivates position relative to EU GDP.Word is getting out that they are becoming forced sellers of their assets now also. Who is going to Bid them, when they'll only be cheaper next week!http://www.zerohedge.com/news/2016-07-06/furious-italian-prime-minister-slams-deutsche-bank-europes-most-insolvent-bank

[jbravo2] 06/7/2016 18:49

ha ha ha. So now it's 6 votes as a buy and 4 as a sell. 0 as a hold.

Perhaps some are bitter that they missed out on the 300% gain so far and have put us down as a sell. Nice to know we have plenty of lurkers but a shame they're not brave enough to let us know why this is a sell

ha ha ha ha

I hope you continue to watch this for the next 12 months.

[wimbled] 06/7/2016 18:33

mattjos,

Are you able to update the long term chart from 2 years to either 3 or 5 year chart.

Just my opinion but it may give a better prospective to where AAZ is heading to in the short term.

GLA. Too all fellow long term holders :)

[mattjos] 06/7/2016 18:11

we don't want to be on the gainers list at all please. Let's keep gliding along completely invisible to everyone else until we are way over 80p.
We do not want the herd here .. Please!