Anglo Pacific Share Discussion Threads

[haydock] 27/5/2011 08:32

Whilst the no debt mantra is being chanted.

It is also important to realise that this company also has very few employees.

Maybe 8 & the part-time tea lady in Aus.

Overheads are minimal, so it is possible that for a company in the 250 it has the lowest overheads & employee costs,this company has assets of £400m+.

It helps to keep the cash pile from being nibbled away, all available for share holding & royalties.

[christh] 27/5/2011 06:06

You are ignoring the recent Director deals.

You are ignoring recent news.
The sale of Goldminco which the company has 17% holding.
They expect to cash in within 35 days, after the takeover, with a cash payment of about C$8.2 millions, a substantial profit return on their investment.

The other one is the takeover of Mantra with an expected return of £30-£32 millions.
Again a substantial profit for the company.This is expected to be over on 7 June.

A total of £38 millions return which will take the total cash in the bank to
£60 millions.
Remember no debt, this company has no debt.

[drewz] 26/5/2011 23:58

As I posted last week.

The reaction up against the ceiling of the downtrend failed to break out.

I expect 250p to be the bottom during the summer so am keeping some powder dry.


drewz - 19 May'11 - 10:30 - 5417 of 5458 edit


Beware - the downtrend is still in place!

[rcturner2] 26/5/2011 16:48

I see that this has very much reversed back into the downtrend. I admit that spike surprised me, but we will see over the next few weeks whether I am right about the current trend.

[shavian] 26/5/2011 16:44

Nice steady news from Horizonte, which I also hold directly. Freebee drilling thanks to AngloGold

[christh] 26/5/2011 12:44

The sale of Goldminco and also the sale of Mantra will give APF another
£37-38 million.

That was a good profit from those 2 ventures.
The bank balance will increase to roughly £60 million.

Let's hope that they pay a specila dividend to shareholders.

More royalties will be bought and boost the assets.

[christh] 26/5/2011 08:21

Horizonte Minerals - Nickel and Gold Exploration Update - Brazil



Anglo Pacific Group has a holding of 31,650,000 shares, 11.32%, in Horizonte.

[christh] 26/5/2011 08:09

APF should be around the 400p+ as the assets have increased, coal price risen
and more royalties on the way.

They have dropped from 370p to 305p which is a bargain and a chance of a lifetime at this price.


DYOR

[christh] 26/5/2011 08:05

RBC Capital Markets has published the first independent analysis of Glencore (GLEN.L) since its flotation last week and says shares in the commodity giant could reach 600p.

This will cheer Glencore chief executive Ivan Glansberg (pictured) and his new shareholders as the group has had a lacklustre debut amid fears that the commodities bubble is bursting. Glencore's share price today closed 2.8p, or 0.5%, down at 522p, below its original offer price of 53p.

Although Tim Huff at RBC Capital Markets forecasts Glencore will almost double earnings from its industrial business by 2013, he says his £6 per share valuation depends on investors falling back in love with mining and metals stocks. He writes, 'for the stock to trade significantly (+10%) above its current price we think the sector will also need to rerate.' He gives the stock a 'sector perform' rating.

[christh] 26/5/2011 08:00

Next 2 week is pay day for APF from the sale of Mantra.
Meanwhile APF is sniffing around for more royalties.

I coul not resist the price yesterday and added about 150 shares, that was the last of my dosh gone from my bank account.
But I know I will get a better return than being in the bank.


Glencore is worth £6 according to independant analysts.

[christh] 26/5/2011 07:54

totally agreed.
Shorters have no morals, no ethic code.
If the set their eyes in destroying a company they will as the law allows that.
I remember Northern Rock and Halifax.
They have been running it down until they crushed while they could survive
if they normal trading was carried on.

The culprits are the big Hedge funds which have money to lend the shares from the pension funds.

The most vulnerable are the financial companies, banks,insurance and maybe small companies with restricted cash flow.

[edmondj] 26/5/2011 06:46

I think shares become more of a gamble, the more emphasis you put on the share price doing something (beneficial to your position!) within a certain amount of time; relative to an investor who figures price is out of synch with value and just waits for that to resolve itself - as ultimately it will.

Shorters are OK up to a point, their arguments can be dismissed if untrue, it can be useful to consider price/value both ways and they can help take speculative excess out of a market lest it crashes. Where they become a nuisance is destabilising companies/nations in financial difficulties, when they need to raise capital.

[sammu] 26/5/2011 01:18

Blocking shareholding produces a useful 82% takeout premium for Goldminco holding:

[hectorp] 23/5/2011 14:43

Gengulpus, or you might have advised Mr turner 'most forms of gambling are risky'. The shorter the term of a trade, the more they resemble a gamble.

The only good time for a short IMHO is if you hold the stock, and want to ensure you won't lose out if you are away somewhere / don't want to close it in a tough market.

[gavapentin] 23/5/2011 10:47

RCT - randomised controlled trial - good opportunity to minimise losses....??;)

[christh] 23/5/2011 05:55

Target this week 330p+
New royalty payments starting this quarter, coal prices rising.

What more can you wish other than increasing profits and higher divi!

[gengulphus] 22/5/2011 11:27

RCTurner2,

A nice turnaround for the longs and not great for my short lol. Its a september contract so plenty of time to see how things pan out.

Plenty of time, yes - but hasn't the whole basis of your short been undermined? If I understood what you wrote originally about it correctly, it was based on technical analysis, and specifically on the share being in a downtrend - which it was at the time: a clear downwards trendline starting from the peak in mid-February.

But the last two days price movements have thoroughly broken that trend, and now the technical situation just looks confused to me: we have a broken short-term (~3 month) downtrend and a broken long-term (a bit over 2 years) uptrend. The share price is back up to roughly the trendline of the uptrend, so the breach of the uptrend might just be an isolated spike - but I certainly wouldn't want to regard that as confirmed until the original trendline had been tested a few times...

All of which would add up to me to a "situation confused - take my money off the table" verdict if I were more of a technical-analysis-driven trader than I am... As it is, I'm primarily interested in fundamentals and only use technical analysis to try to time my trades well once I've decided to trade in a particular direction, so I've simply remained long throughout recent months. However, I can well imagine trying to trade the way you have, and if I were to do so, I would have opened the same short on the basis of the downtrend. But I would now be closing the short position on the grounds that the case for the trade had vanished... You cannot win them all - sometimes the market whipsaws you - and plenty of time means plenty of time for the loss to get a lot bigger as well as plenty of time for a more desirable outcome!

Gengulphus

[gavapentin] 21/5/2011 12:49

RCTurner2 - very reasoned.

Despite what C may think, I have always been long here but appreciate alternative viewpoints to "wake me up". That said, I recommend you close your short. I would be very surprised if we saw levels that low again.

[hectorp] 21/5/2011 10:05

Ed, I do wish the rally here will continue.
H.

[christh] 20/5/2011 19:11

christh - 18 May'11 - 14:38 - 5382 of 5440

[christh] 20/5/2011 19:09

EdmondJ - 20 May'11 - 12:02 - 5439 of 5439

its still early to say that APF will relegate fro the 250.
It can climb another 30p by then,

Will it?
Yes, because its a solid company with the prices of coal climbing
and of course royalties from so many places.

It's a fact no other company exists with no debt, good divi, strong growth
and a committed board.
Shame though the script divi was not exercised this time but the board was very smart to withdraw it.

[edmondj] 20/5/2011 12:02

RCTurner2,

You never know; I have just received a circular re. FTSE index potential changes, 8/17 June, APF down for relegation from the Mid 250 based on £344m market cap.

[mozy123] 20/5/2011 12:01

LOL Gorse, it seems i dont!

[gorse] 20/5/2011 11:50

"LOL they forgot the word "coal" in that sentance!"

LOL you don't know the correct spelling of santence.