Anglo Asian Mining Share Discussion Threads

[riggerbeautz] 24/5/2019 15:46

CMB I glance at the other thread weekly aside from when a RNS is released. Plenty have alluded or picked up SPA are just a cheap option, purely down to not needing to fund raise.

Pretty rubbish one in my opinion but there is your reason for SPA still being around and I suspect low cost; maybe they are outgrowing their use.

[celeritas] 24/5/2019 15:43

SP Angel are doing no favours. What is the point of them.

[mattjos] 24/5/2019 15:42

all that top slicing now snaffled up just because folk seem so reliant on poor market analysis by a third party.
Do your own research! If you cant do that, just look at someuwin's graphic above.

Cash is king & we're on the top step

[riggerbeautz] 24/5/2019 15:40

Bumpa, try to forget that “Turkey”..... see what I did there lol

[mad foetus] 24/5/2019 15:36

Sets it up nicely now

[cinoib] 24/5/2019 15:28

Anyone noticed Winns not showing any price on the trades and all their sells are actually buys as ll over mid. Is WINNS going out of business or some other reason for nor quoting..

[wanobi] 24/5/2019 15:21

well done cmb :-)

my chart says AAZ must bounce today therefore it WILL BOUNCE right :-) LOL

cheers Wan :-)

[callmebwana] 24/5/2019 15:14

Wan,I have sold Metro Bank Today. A profit is not a profit unless banked. I never intended it to be a long term hold,CEO loaning money to his wife,s firm,though he has agreed to stop doing that now!!Why start in the first place? You never know what these people hide from the shareholders. Nepotism on the quite.

AAZ will continue to give fruit, it may end up in the blue yet. They need to get rid of SpA.The PI,s seems to know more about the Co. then the broker!! Waste of money paying them IMO.
Just have to wait and see what the AGM produces.

[someuwin] 24/5/2019 14:47

SP Angel numbers...

[wanobi] 24/5/2019 14:44

good luck with it oakey, you never know in this game :-) Cheers Wan

at least you can now run any new ideas you have past the expert panel here, who, for a bunch of so called morons, seem to know an awful lot :-)

keep up the good work guys :-)

Cheers
Wan

[sportbilly1976] 24/5/2019 14:36

Terropol,

We've all been there, but does 0.125p matter in the grand scheme of things...you'll be getting 25x this amount with the dividend in a matter of weeks?

[sh0wmethemoney] 24/5/2019 14:20

CFEP showing 15,000 at just under the ask at 91.875p

[terropol] 24/5/2019 14:18

Trying to get a few more here...but market not offering any discount to Offer price...Not paying full ask.

[sh0wmethemoney] 24/5/2019 14:11

Getting ready for a tick up?

[bumpa33] 24/5/2019 13:10

who knows where the share price will go, some of the worst rubbish on AIM can still make a great trade.

[sportbilly1976] 24/5/2019 13:03

LLB,

The disclaimer is at the bottom of the research notes

+SP Angel employees may have previously held, or currently hold, shares in the companies mentioned in this note.

[laurence llewelyn binliner] 24/5/2019 12:55

When all is said and done, the results will continue to speak for themselves, cash generation grows, dividends grow, the cash pile grows, and if the NOMADS methodology results in allowing us to pick up some more shares that are undervalued, it's no bad thing is it..., this will play out over time.. :o)The guys that work for Spangle don't hold any extra market sensitive information than we do, is there anything stopping them picking up shares too.., how convenient ..?

[yasx] 24/5/2019 12:51

Bleepy - that gives you and those that understand it an opportunity. Use it to your advantage.

[yasx] 24/5/2019 12:50

There may also be another issue - it may well be that the Co. is keen to restrict awareness of various matters at this stage until, say, exploration output has been properly undertaken and ventilated. Thus, this may remove the prospect of enticement of bidders at this stage. Just throwing it out there, since the Co. are not particularly bothered by lackluster broker coverage. But, as I said previously, in this case, focus on the cash generated, improved balance sheet and exploration to come. Sp A view is just a unnecessary sideshow. Unless or until the financials, or exploration wheels come off, I won't sell. Until then, there is every reason to continue holding.

Let not perfect be the enemy of the good.

[bleepy] 24/5/2019 12:46

Not when others are using spa figures/metrics/projections as a guide to buying/selling/investing.

[oakey1] 24/5/2019 12:42

Oh dear lol
Wish I’d known you 12 months ago when I invested hehe
Never mind I’ll just have to work weekends again

[mattjos] 24/5/2019 12:30

agree yasx .. its the cashflow that's important and we're throwing it off.

Without a need for equity finance, the company is not sharing every little wrinkle with the Nomad as most penniless juniors have to.

SP Angel have to provide some coverage for the company but, since their time is more profitably spent on the sell side of equity finance for the multitude of other small co's on AIM, that is where their efforts are going.

The reality here is that the company has little use for a Nomad other than to satisfy the listing rules and some advice on housekeeping.
It's not the usual dynamic but, I don't see the problem .. it's a strong sign the company is in rude health & getting on with that they do best.

[sportbilly1976] 24/5/2019 12:24

YasX,

BMN - 25p currently v 90p target

[yasx] 24/5/2019 12:16

Ordinarily it is not a good sign if the house broker is pessimistic in terms of outlook. But, I have an exception to the rule with AAZ since Sp A have been proven to be wrong re AAZ for as long as I can remember.

I this morning added to my position.

Re SpA generally, they are unjustifiably bullish on almost every other company they cover. Many had no prospects and they had targets several multiples of the price at the time of coverage.

I am invested in KRS which they cover - that stands at 0.32p - SpA have a target price of over 1p (which, incidentally, I think is appropriate in that case). But, they have ascribed lofty targets to other outfits which were nothing but duds.