Anglo Asian Mining Share Discussion Threads

[all in eol] 11/4/2024 20:09

MEN has had a good run over the last three days but the traders from the low have started to exit so I’ve sold some more and taken a further hit.
Funds to live another day 😊

[wanobi] 11/4/2024 18:48

free stock charts from uk.advfn.com


free stock charts from uk.advfn.com


free stock charts from uk.advfn.com


free stock charts from uk.advfn.com


some charts too :-) :-)

Cheers
Wan :-)

[all in eol] 11/4/2024 18:04

Can’t imagine it will be back to desk properly tomorrow after the holiday so can we have some action next week please.
SP pretty stable ahead of what next news may end up being results rather than TD update?

[wanobi] 11/4/2024 17:39

Malcy's views FWIW today :-) Cheers Wan :-)

PTAL - With continued delivery of its production targets, along with the 17H now in production PTAL is clearly doing very well indeed with Brent at @.$90 revenue and indeed cash flow is very strong indeed. The 18H well has spudded and is expected to add to highly profitable production from next month.

In addition the company is ‘progressing’ the erosion control programme which is expected to get underway in the next quarter. These, along with continued work into finding alternative export routes should maximise production and hence revenues.

The PetroTal share price should be performing a great deal better than it is given the superb operational performance and the amount of total return to shareholders via dividend and buy-back programmes which must give the company a total yield of at least 17%. My TP of 150p per share stands.

JSE - Interesting stuff this, the shares have returned to the market at 27.64p after suspension and although it may settle down, it looks like investors prefer the company without the potential financial burden of the Woodside assets given the question about how that acquisition may have been funded.

Personally I am all in favour, and fully back the excellent management in its M&A strategy but understand why shareholders might wish to do approach this in smaller bites. It’s worth taking another look at my recent interview with Paul Blakeley who updates on strategy and operational success.

LBE - Nothing new here in these historic numbers nor in Helge’s words, I remain a big fan of the company and in particular the appointment of James Menzies to deliver success in South East Asia.

[riggerbeautz] 11/4/2024 16:57

Lol think I’ve heard that before, get the meaning though.

[riggerbeautz] 11/4/2024 16:04

Bring back the stocks eh Bumpa

[bumpa33] 11/4/2024 15:56

Pogue, death sentence pretty harsh. public floggings, lifetime community service and courses in humility were more the kind of thing I had in mind for errant UK CEO’s 😳!

[bumpa33] 11/4/2024 15:52

LBE investor meet the usual, difficulty staying awake whilst they’re discussing Norway, far more exciting when talking about Malaysia 🙄

[riggerbeautz] 11/4/2024 14:58

Just crashed out my last batch of ENET that’s been attracting some pumping, made double beer money today. Might rocket tomorrow, might fall back was just a noise trade for me.

[riggerbeautz] 11/4/2024 14:52

Was reading about that Vietnamese stuff, basically rags to riches property investor becomes a property mogul by cutting corners by default of communist rulers turning a blind eye, so the country becomes more prosperous; now trying to reign in corruption at the same time as trying to encourage economic prosperity and real estate growth.

Pogue somewhere along the lines, there’s an oxymoron in play, skirting through the story.

[mattjos] 11/4/2024 12:28

58.6 v 61.67 for 20k either way

[pogue] 11/4/2024 12:25

JSE on a tear since having its shares released from suspension at 10.13am as they were bidding for Woodside assets in OZ. Woodside have pulled the deal so a bit of pent up news feeding into the price regards higher oil price and progress on a new facility.

[mattjos] 11/4/2024 12:11

Gold price holding pretty firm despite the 'hotter than expected' CPI figures yesterday.

[bumpa33] 11/4/2024 11:58

Maybe he can turn it around, is he taking an active or passive stake though, I haven’t looked that deeply. I remember when the Revolution brand was quite cool but that was a long time ago and these types of places are as vulnerable to “fashion”; as actual fashion brands like Superdry. Who knows, his recent track record has not been stellar, then again whose has.

[bazboa] 11/4/2024 11:32

FXPO worth a punt?

[riggerbeautz] 11/4/2024 11:28

Bumpa just looked at RBG, so some folks think it’s smart to pay over 1p because Luke Johnson has stuck a wedge in? Well he just might turn it around but frankly I’d not want to hold my nose and trade it.

[donald pond] 11/4/2024 11:13

BUR has been great. DARK positive trading update but market reaction shows how nobody wants growth tech stocks.

[bumpa33] 11/4/2024 10:29

As for LBE, I still think there’ll be a time when it’s a great story with the Malaysian assets. But right now things are moving too slowly to get this market excited - the pace of progression with the JAPEX deal has been a little disappointing.

[riggerbeautz] 11/4/2024 10:22

Missed the LBE fun but your comment on Sondrel made me chuckle Bumpa; no laughing matter though as head scratcher why so many positive comments.