|Anglo Pacific Group
||EPS - Basic
||Market Cap (m)
Anglo Pacific Share Discussion Threads
Showing 8901 to 8923 of 8925 messages
|Coking coal nearing $300 a tonne, hopefully see a meaningful rally here.
|Fall out from the cyclone means that the Q2 coking coal contract price still has not been set, but may be higher than thought. On the other hand Kestrel may lose some sales in the quarter. Whitehaven looks unaffected.
The timing of the disruption in Australia may strengthen the hand of producers as they negotiate second-quarter contracts with Japan’s steelmakers, according to Credit Suisse Group AG. The second-quarter price may reach $180 a ton, Bloomberg Intelligence analyst Andrew Cosgrove said.|
|If coal price spike persists, dividend increase at interims is pretty much a given.|
|Upbeat presentation from Julian Treger on proactive.
|Mr. Treger and his connected persons is now 5,596,454 Shares, representing 3.09% of the issued ordinary share capital of the Company.|
|Some small d buys reported, their first opportunity since the closed period.|
|Anglo Pacific Group PLC Final Dividend and Directors' Share Dealings
UK Regulatory (RNS & others)
Directors' Share Dealings
The Company has received notification today of the following transactions by Mr. Michael Blyth, Chairman and Mr. Patrick Meier, Non-Executive Director and by connected persons of Mr. Julian Treger, Chief Executive Officer.
Mr. Blyth acquired 5,090 ordinary shares of 2 pence each in the Company ("Shares") at a price of GBP1.15 per Share. Mr. Meier acquired 12,560 Shares at a price of GBP1.16 per Share. Further, Mr. Treger acquired 10,000 Shares via his pension fund at a price of GBP1.16 per Share. The transactions took place on the London Stock Exchange.
|Christh - agree, I try not to pay too much attention to the analysts, but their price targets are 150+ across the board, feel that this is where the share price belongs in the short term.|
|It will climb to 150p soon.
A very good income stock for pension funds and other high income funds.
6p dividend currently per year and due to be revised for an increase back to 8p per year.
It will attract more investors who seek an income at a high yield.
A very good investment for your ISA.|
|QP - I agree on the need for diversification, and it's been one of their stated aims for quite some time. I think the rest of the year we will see some acquisitions that will shift Anglo's portfolio away from coal in general.
It will be curious to see what effect the Queensland cyclone has on the coal price for the rest of the year and how that flows on for Anglo.|
|Cobalt demand could also increase dramatically due to it's use in rechargeable batteries.|
|In reply to bountyhunter: no, I have no info what APF are looking into, but I do have a small interest in EMH which has (allegedly) a huge undeveloped Lithium asset in Eastern Europe that needs developing pdq IMO. And - I would rather forego a royalty on the metal produced by the mine than have my equity diluted out of sight by risk averse big boys with deep pockets.|
|not quite right what you say......
here's a hint: Narrabri
just check and please post the answer as to what type of coal is mined there. You may be surprised.
APF have a significant royalty in Narrabri.
ALL IMO. DYOR.
|QP - you're talking about Thermal coal, Anglo are in Met coal.
One word for you - steel. Not going away any time soon.
I do agree on points 1 through 3 above however.|
|Beijing recently shut down its last coal-fired power plant, following Premier Li Keqiang's promise to "make our skies blue again"
This is what China is doing. Now.
It points to the further decline of coal when the great nation of China is shutting coal plant in a desire to make Beijing the first (but not the last!) of Chinese cities to run entirely on "clean energy".
Coal usage is inexorably in decline.
APF needs to do three things urgently:
ALL IMO. DYOR.
|is that on the agenda Dozey3 (re lithium) ?
I'm a little out of touch although a quick read of today's RNS seems positive to me.|
|Afraid as a hostage to coal prices it is likely to remain unloved but a cyclic income stock - and who wants that? OTOH if it managed to acquire decent lithium royalties that would be a different matter.|
|Look at that share price fly - not.
A better set of results you couldn't hope to see and yet anglo remains unloved.|
|Read in a hurry, but this morning's full year results look good to me. The $3m in already from Denison of particular interest.|
|No large scale cuts to Chinese met coal output.
Anglo share price will be hurting.|