Anglo Pacific Share Discussion Threads

[johnrxx99] 01/3/2011 14:12

Well please with the results. share price taking a breather but can't be long before normal service resumes, I hope.

[grigor] 01/3/2011 13:12

Someone selling? Company seems to be going well

[bountyhunter] 01/3/2011 12:27

and again...

March 1, 2011

Anglo Pacific Group PLC

Director's Share Dealings

Anglo Pacific Group plc ("the Company") (LSE: APF) (TSX: APY) announces that Anthony Yadgaroff, Non-executive Director, bought on February 28, 2011 2,900 shares in the Company at a price of 327.2p per share. Following this notification his revised beneficial interest in the Company is now 164,098 shares representing approximately 0.15% of the issued ordinary share capital.

[haydock] 01/3/2011 11:46

Horizonte : good initial resource.

[bountyhunter] 28/2/2011 11:05

directors continuing to buy...

Director's Share Dealings

Anglo Pacific Group plc ("the Company") (LSE: APF) (TSX: APY) announces that Chris Orchard, Chief Investment Officer, bought on February 25, 2011 5,000 shares in the Company at a price of 322.64p per share. Following this notification his revised beneficial interest in the Company is now 269,202 shares representing approximately 0.25% of the issued ordinary share capital.

[haydock] 27/2/2011 20:23

No, I think it's always been well known on both sites that I followed APF into HER, MIRL & HZM.
Piedro call them all dogs !!
I bat pretty publically for APF on those sites.

Anyway I'm only a pi, so I don't count.

[gavapentin] 26/2/2011 14:18

Hay - don't you have to declare a conflict of interest?
;)

[haydock] 25/2/2011 17:24

Still look at the shear quality of the companies they invest in.

HZM is mouthwateringly tasty, followed them in years ago, recently rocketed & there is so much more to come, inc a Troy gold deal overdue or cash, not even mentioned here.

[haydock] 25/2/2011 17:18

Just read the i/c.
Specially tipped value share LMS.
Full page write up undervalued holdings & unquoted assets.Basically a similar situation. fine prospect good find.

However....
Much smaller than APF, not the royalties pumping cash for a start.
The portfolio is a tiddler comapared & then there is nothing in the unquoted assets anywhere near the same league as the CDN coal, which we can add on to the £400m valuation. { well over £100m? }

It amazes me that we do not have people on here to properly crunch the numbers & that the i/c year in year out fail to do the job.
Only Minesite {tips /Ambrian } seem to know the score.
I wonder how long it will be before this is a billion £ company, my guess is well within the next 5 years if the commodity markets hold.

I hope / expect to be there in strength, as i have grown my holdings over the last 6 years.
Ok. i am well known as a glass half -full man, but i am as enthusiastic about APF now as i ever was, if not more so, it remains far & away my main holding.

I look upon it in the same league as an Investment trust with a dividend, a superior version of JPM world mining or RIT rolled into one.

sp. down so i can't be right, over enthusiastic again, time will tell.

[rochdae] 25/2/2011 17:14

Added a few more today. Strange reaction given the results.

Roch

[christh] 25/2/2011 14:09

if a director is buying then is a good sign.

that means more deals coming up and more lucrative profits.

A company with so many assets, so much profits and no debts!
The dividend has been increased nearing 10p a year/

I do not know of any other company to match Anglo Pacific!

Assets are worth more than 400p a share.

[haydock] 25/2/2011 09:26

Back up & running again.

[bountyhunter] 24/2/2011 17:59

Yes I noticed that as well, director purchases continuing...

February 24, 2011

Anglo Pacific Group PLC

Director's Share Dealings

Anglo Pacific Group plc ("the Company") (LSE: APF) (TSX: APY) announces that John Theobald, Chief Executive Officer, bought on February 23, 2011 1,425 shares in the Company at a price of 349.02p per share. Following this notification his revised beneficial interest in the Company is now 206,344 shares representing approximately 0.19% of the issued ordinary share capital.

[haydock] 24/2/2011 17:08

Mr. mkt. had better have one of his generous days if he is to get Buffett to play his game, those results & the ceo buying at the top price.: nuff said.

[scottishfield] 24/2/2011 14:52

been away for last 2 days, good looking results agree that apf's looks undervalued. should motor once the 'unrest' calms dwn. Good abt the divi too! gl all holders.

[mozy123] 23/2/2011 13:18

considerable discount to book value here! Loving it! Cheers Mr Market!

[gavapentin] 23/2/2011 13:14

P - Whilst I understand your sentiment, you make Eeyore look like a chirpy chappy!
My attempt at amateur psychology would however suggest that in REAL life you actually are an upbeat person - a split persona IMO !

p.s. FWIW, no huge surprises but I am very pleased with the results

[rochdae] 23/2/2011 12:54

Must say rather impressive numbers. Should break out of its current range on these I would have thought.

Roch

[steeplejack] 23/2/2011 11:20

Gain without pain.

[ned] 23/2/2011 11:09

Piedro

'the blind following the blind'
'lambs for the slaughter'

I can't find those in the header at all

But thanks for the post nevertheless.


edit

It is hard not to be enthusiastic about the company management and the sector, but obviously everything has it's fair value as you point out.

[piedro] 23/2/2011 11:01

'the blind following the blind'
'lambs for the slaughter'

Total equity = £345.9m
for 108.3m shares = 319p/share

Riding on a commodities bubble

hence:
"British Professional": conservative and shrewd.

[ned] 23/2/2011 10:35

johnrxx99
'I have invested in APF since mid 2004 and would describe the management "British Professional": conservative and shrewd.'

just the 'same old, same old' really.

[curt3] 23/2/2011 10:31

What a stonking set of results !! What agreat "no nonsense" and apparently steadfast management.

[quepassa] 23/2/2011 10:28

Stunning results.

Well done Anglo Pacific.

All IMO. DYOR.

QP

[haydock] 23/2/2011 09:28

total assets at December 31, 2010 were GBP415.6 million, a 33% increase from GBP312.5 million at December 31, 2009. This does not include any increase in value over cost that may be attributable to the Group's royalty intangibles or the Panorama and Trefi coal projects.

Which are now very, very valuable & in the books for nowt !!

Way way beyond the £374m. mkt cap.