Anglo Asian Mining Share Discussion Threads

[obbig60] 21/9/2018 16:11

Sh0wme--- Not sure about CFD's but for Spread bets, which are much the same thing, the dividend is credited on the day the share goes XD ( IG index).

[homebrewruss] 21/9/2018 15:44

John Meyer on vox markets from about 42.15:


'at some point we should be over £1 on these'

[return_of_the_apeman] 21/9/2018 15:22

The fall in the pound also means larger profits here as the money is earned overseas and then converted to sterling

[mattjos] 21/9/2018 15:12

Teresa May's statement hitting the £ ... the £ value of the dividend just got bigger as a consequence.
Now 2.29p / share :-)

[return_of_the_apeman] 21/9/2018 14:52

Nice number crunching odsjp, thanks

[odsjp] 21/9/2018 14:37

It has been a good week.

I am normally a passive ADVFN user and just read posts and do my own research but thought I would add a simple comparison table below of my analysis with other goldies.

For the sake of transparency I hold HOC and AAZ (which is now my largest holding). Fortunately I sold my HGM to buy AAZ as a result of Salisbury and potential sanctions, a good move so it now seems.

I do not know how to paste a picture in ADVFN so unfortunately you will need to look at the info as-is. It contains ticker name, number of shares, price, Market cap (GBP), Oz of gold expected, Average price of gold (1200), Exchange rate, GBP revenue, AISC, net debt, divi and two ratios (x earnings and ratio to profit)

If you look at the ratio to profit which I have calculated as market cap/gross profit where gross profit is simply price of gold (1200) - AISC * number of ounces.

What you see is a value to 1.68 the third lowest with more established players (HGM and HOC) being 3 or 4 times higher. This is why I also believe that a fairer value for AAZ would be 3 or 4 times the current price without taking into account the amazing divi, cash positive and hopefully good upcoming JORC results.

The only goodies with lower values are SHG but this is in Tanzania (so very high risk) and AAU which has much lower production.

Company Shares Price GBP M/Cap Oz Gold US rate GBP Rev (M) G Prof (GBP) AISC x Earn Debt M Rat/Prof Div Where
SHG 769,490,000 0.05 £38,474,500 85000 1200 1.3 £78,461,538 £30,730,769 730 0.49 -38.00 1.25 Tanzania

AAU 1,059,680,000 0.013 £13,775,840 20000 1200 1.3 £18,461,538 £9,230,769 600 0.75 ? 1.49 Turkey

AAZ 114,317,024 0.6 £68,590,214 81000 1200 1.3 £74,769,231 £40,936,154 543 0.92 1.00 1.68 7.69 Azerbijan

HUM 351,826,899 0.271 £95,345,090 125000 1200 1.3 £115,384,615 £43,269,231 750 0.83 -14.00 2.20 Mali

ASO 81,575,000 1.9 £154,992,500 230000 1200 1.3 £212,307,692 £44,230,769 950 0.73 -120.00 3.50 West Africa

SRB 58,909,551 0.565 £33,283,896 40000 1200 1.3 £36,923,077 £9,230,769 900 0.90 20.00 3.61 Brazil

HGM 325,220,000 1.44 £468,316,800 272000 1200 1.3 £251,076,923 £104,615,385 700 1.87 -190.00 4.48 4.86 Russia

HOC 508,150,000 1.6 £813,040,000 514000 1200 1.3 £474,461,538 £118,615,385 900 1.71 -67.00 6.85 2.50 South America

CEY 1,152,110,000 0.9842 £1,133,906,662 510000 1200 1.3 £470,769,231 £125,538,462 880 2.41 300 9.03 9.77 Turkey

RRS 94,475,346 49.05 £4,634,015,721 1300000 1200 1.3 £1,200,000,000 £480,000,000 720 3.86 740 9.65 3.14 Africa

[sh0wmethemoney] 21/9/2018 14:28

Spike down on gold just now, still earring great money per Oz we pull out the ground though!

[return_of_the_apeman] 21/9/2018 14:24

Celeritas,

How did you check that?

Cheers

[mattjos] 21/9/2018 14:22

Anyway, I'm taking the opposite tack to Yas and been buying some more today.
I'm not a short term trader and certainly no intention of selling any of these for long time to come.
Given the recent newsflow & what is expected, there will be many, many more investors now looking at this company with a view to buy the very first sign of a pullback so, I would not expect any such pullback to exist for long & now the MM's know clearly the value on offer, I cant see them obliging

[celeritas] 21/9/2018 14:13

Done a bit of checking the double divi statement for next year.
FCF is expected to be double next year, 25% of fcf is a huge dividend at anything under 150p

[mattjos] 21/9/2018 14:07

Approx 15 trading sessions to go before the Q3 update.
Given they have maintained FY production guidance in the Interim results, it seems reasonable to assume they are seeing some good production coming through from the parallel Ag/Fl setup now.

As for the Gadir JORC .. we only know it is due during Q4 this year. Seems completely wrong time to me to be considering selling any of these. For all we know AAZ will continue with recent form and put that news out on 1st October. (Although I would have thought some time in November more likely).

At £1.20 per share, a FY18 dividend equalling 4.56p is a 3.8% Yield.
Rather than 2019 divi being double, lets just say it will be 50% greater .. 7p / share.
7 ÷ 120 = 5.83% Yield

Buying today and holding for 18 months would give:

2.28p + 2.28p + 3.5p + 3.5p = a total dividend of 11.56p.

Regularly buying all the way up to 80p for the stock is going to give you a minimum 15% Yield!!! 15%

Current share price remains absurdly cheap & with each piece of news from the company it gets cheaper & cheaper still.

This should be trading at 80p minimum right now ... anything less is insanity

[sh0wmethemoney] 21/9/2018 13:57

CFD , I have some in on a CFD to go with the ISA and SIPP, am I correct in thinking the divy is paid the day after it goes ex div on CFD accounts? I have read this on the web but be nice to confirm of guys who have divy paying stocks in CFD's.

[mattjos] 21/9/2018 13:47

3c Dividend
GBPUSD = 1.315

3 ÷ 1.315 = 2.28p payment for interim dividend

Share buy price 63p

2.28p ÷ 63p = 3.619% Yield for the half year dividend, 7.23% for the full year

It's worth a buy for just the HY dividend at 3.6%, let alone over 7% for the full year.
Stick them in your ISA or SIPP and the Divi is tax free and so too the likely capital appreciation over the coming 12 months

[macmuck] 21/9/2018 13:18

Thanks for the latest link Mattjos. They come across as very measured, with feet firmly on the ground. I'm a lot more confident with that demeanor than a flambouyant one. I'm guessing from this that any future production figures they give are usually conservative?

[jbe81] 21/9/2018 13:05

Should be about to turn blue again

[homebrewruss] 21/9/2018 12:38

Brief mention for AAZ here from about 5.20:

[crazycoops] 21/9/2018 12:03

Thanks for your transparency yasx and good luck with reinvesting the proceeds

[jbe81] 21/9/2018 11:53

Still feel genuinely sorry for zhockey.

[friendzarin] 21/9/2018 11:50

Nice one JB ..took me a while to work that one out ;)

[jbravo2] 21/9/2018 11:23

Added to the list
;)

[scottishfield] 21/9/2018 11:13

Yes, the last 2 weeks or and all the news has changed the complexion of this share very much for the better, imo. All good and v well received.

[mattjos] 21/9/2018 11:10

Yas .. I know you always sell on a 100% gain as you are a trader by nature so, not at all surprised. Well done. I will be sitting tight here thanks

[wimbled] 21/9/2018 11:01

I agree Terropol. This is only a pause to 80p trading range. But believe 115p could be achievable by year end. At 64p I can not see a better investment plus 8% yield. Gold is beginning to turn positive.

[ilostthelot] 21/9/2018 10:46

Good luck Yax and fair play to you. Everyone has a different approach. Maybe you'll be back in, in time, if you're lucky enough to get a substantial pull back.
What large cap gold plays do you favour? I have 100% of my money invested here.
I am looking to continue to buy here as funds permit.I am also considering buying CEY a mid cap divi payer.

[terropol] 21/9/2018 10:45

WEll Done YASX, now you have got to fine somewhere to put the money and get a 8% return.

In This game a profit is a profit and I am sure you know that very well.

I am staying put and waiting for the much higher prices that will come.
I may even make another trip to the mine in the near future.

80p next stop here...