Anglo Pacific Share Discussion Threads

[haydock] 13/11/2012 08:39

Another rabbit out of the hat !!

[quepassa] 13/11/2012 08:12

Looking extremely threatened by worsening economic indicators. Commodity prices very weak across the board.

This stock has faltered repeatedly this year and now looks firmly set in a downwards trend.

ALL IMO. DYOR.

QP

[gengulphus] 11/11/2012 10:02

Here's a direct link to the HZM bb charts:



Gengulphus

[haydock] 10/11/2012 09:31

Unable to move 2 Charts that are on HZM bb, if anybody wants to see 2945.

[christh] 09/11/2012 17:38

I had bought my shares in ISA and do not care whether the price goes up or down as it is seasonal.
APF is a robust company and as it goes on it gets stronger and stronger with the new royalties coming up every year.
Commodities will get stronger and soar as developing countries need the raw material to develop their infrastructure.
New emerging markets have to use the materials to grow their economies.


I still believe the share price will test 300p before the year end.

[gavapentin] 08/11/2012 18:36

QP - I think you are being a tad oversensitive!

[nielsc] 08/11/2012 15:20

QuePassa,

I am pretty sure that all on this bb agree with commodities in general having taken a bit of a beating. I was just pointing out that gold is bucking the trend
and this is something I hope will continue given APFs exposure to gold.

I reply to many posters on ADVFN so I wouldn't flatter yourself too much. This is afterall a pretty quiet bb and it is mostly haydock that posts here. I sure he is happy to see there are a few other people following APF.

I just reread my last post I don't honestly see it as being that defensive. I am just pointing out the positives against the negatives. Secondly I am wondering how the royalty agreement at mount Ida will stand. I am guessing it is still valid, but when a royality will be derived from it will depend on when Jupiter Mines decides to go ahead with a development.

So please don't take my posts too personally.

Cheers,
Niels

[quepassa] 08/11/2012 14:41

I was wondering just how long it would take Anglo-Pac's very own St. George of Hibernia to trot over the Lowlands in defense of.........what??

And I didn't even (dare) mention the Company name!

I think there is a one-man mission here to comment on anything I ever say. I am flattered.

And to defend Anglo-Pac come hell or high water .

Perhaps not necessary to be so defensive about everything tho' ?

Enjoy.

QP

[nielsc] 08/11/2012 14:21

So it looks like US$6m has been spent on the Mount Ida royalty. Will just have to wait until it does become profitable to mine again.

QuePassa:

Not all commodities are tumbling. Gold is looking good and I expect it will do well next year too. Coal and iron ore have gone down due to the slowing growth in China. Prices do have the tendency to over shoot and under shoot so it may take a while to get the full picture.

Cheers,
Niels

[quepassa] 08/11/2012 12:51

That's not good news. Tumbling commodities prices, weakening Aussie dollar, China economy much less buoyant, South Africa rife with industrial action plus suspension of certain development projects.

Not a positive back-drop to the sector as a whole.

ALL IMO. DYOR.
QP

[vosene] 08/11/2012 07:15

Jupiter Mines freezes development of Mount Ida project

[zoolook] 05/11/2012 23:30

It seems obvious to me from the age profiles of the longer standing members of the board and the newer appointments indicates that there is a transition / succession planning going on.

This is sensible.

I was just picking up on haydock's point that you are buying into first class management whilst my recollection was that it was in flux.

I'll not labour the point any more.

[piedro] 05/11/2012 13:39

2004 Annual Report ...


2011 Annual Report


Q.E.D.

[haydock] 05/11/2012 12:18

I think you will find these are the names that matter.
There used to be 6 & now there are still only 7 & very few others on the payroll.

Brian Wides
Position: Executive Director and Director of International Business Development

Brian M. Wides (69) joined the board in June 1997

Peter M. Boycott (68) was appointed to the board in May 1997 and Chairman in June 1997.

[zoolook] 05/11/2012 11:23

Hi haydock,

Director info is here: http: www.anglopacificgroup.com/corporate-management.html
and is a clearly a different team to the one it was 5 years ago.

Mike Atkinson
Position: Acting Non-Executive Chairman

Mike H. Atkinson (68) was appointed director in February 2006 and is currently the Group's Senior Independent Director. He chairs the Nomination Committee and was appointed Acting Non-Executive Chairman in September 2012. He has an MA in History from the University of Cambridge and is a qualified management accountant. He worked for the National Coal Board as a capital investment analyst before joining the UK Department of Energy (later the Department of Trade and Industry). He was a senior civil servant for nearly twenty years until his retirement in 2004, and held a range of financial, management and policy posts including Director of Coal and Chairman of British Coal.

Peter Boycott
Position: Executive Director

Peter M. Boycott (68) was appointed to the board in May 1997 and Chairman in June 1997. He has a MA in Mechanical Sciences from the University of Cambridge and is a Chartered Accountant. During his career he has been involved as Finance Director and substantial shareholder in a number of private investment and property groups including engineering and manufacturing companies supplying thermal processing systems to major mining groups. He has been a director of several public companies quoted in Australia and Canada. He is currently taking a leave of absence from his role as Chairman for health reasons.

Chris Orchard
Position: Executive Director and Chief Investment Officer

A. Chris Orchard (59) joined the Group as Chief Investment Officer in December 2007 and was appointed to the Board in June 2009. He has a BSc Honours in Mining from the University of Leeds and is a Member of the Chartered Institute of Securities Investment. After graduating he worked in the South African mining industry and on returning to the UK spent twenty years as an investment banker in the City specializing in the resources sector. He was Managing Director of Hambros Equity UK, a Director of RBC Dominion Securities and prior to joining the Group managed the investment operations of a private wealth management firm. He has been a director of several public companies quoted in Canada and Australia.

John Theobald
Position: Executive Director and Chief Executive Officer

John Theobald (55) joined the Group as Chief Operating Officer in April 2008, joined the board in June 2009 and was appointed Chief Executive Officer on October 6, 2010. He is a Chartered Engineer with a BSc Honours in Geology from the University of Nottingham.
He is a Fellow of the Geological Society and Member of the Institute of Materials, Minerals and Mining, Australasian Institute of Mining and Metallurgy and Canadian Institute of Mining, Metallurgy and Petroleum. Prior to joining the Group he held senior operational and new business positions with the major industrial minerals group SCR-Sibelco, he has also worked in the junior resource sector and for major companies such as Anglo American, Phelps Dodge and Iscor covering a wide range of metals, coal and industrial minerals. He has been a director of several public companies quoted in Canada.

Brian Wides
Position: Executive Director and Director of International Business Development

Brian M. Wides (69) joined the board in June 1997 and was appointed Finance Director in September 1997. In July 2006 he was appointed Chief Executive Officer and on October 6, 2010 was appointed Director of International Business Development after standing down as CEO. He has a Bachelor of Commerce from the University of Witswatersrand and is a Chartered Accountant (South Africa). His specialist experience includes corporate finance, management consultancy and creating shareholder value for a large spectrum of private and public companies in the UK, Australia and Canada.

Kevin Flynn
Position: Chief Financial Officer

Kevin Flynn (32) joined the group as Chief Financial Officer in January 2012. A Chartered Accountant, having qualified with Deloitte, he has overall responsibility for corporate reporting, cash management and taxation. Prior to joining the Group, he spent several years in finance roles in the London commercial real estate sector, with both FTSE 100 and FTSE 250 companies.

Peter Mason
Position: Corporate Counsel and Company Secretary

Peter Mason (30) joined the Group as corporate counsel in October 2010 and was appointed Company Secretary in July 2011.
He has a BA in history from the University of Warwick and is a qualified solicitor. He began his career in private practice with Freshfields Bruckhaus Deringer LLP, working in London and Tokyo with a focus on mergers and acquisitions. Prior to joining the Group, he worked for PETRONAS, advising on its European production and gas storage business.

(There are a couple of longer standing Non-Exec Directors too)

[haydock] 05/11/2012 09:09

No point waffling:
This is the complete record for the last 2 years.

17 Sep 2012

Board Change

Anglo Pacific Group PLC ("Anglo Pacific", the "Company") (LSE: APF) (TSX: APY) announces that Mr. Peter Boycott, the Company's Executive Chairman, is taking a leave of absence for health reasons. Mr. Boycott will continue in his role as a director of the Company, but the Board has agreed that in his absence Mr. Mike Atkinson will serve as Acting Non-Executive Chairman with immediate effect.Mr. Atkinson has been a non-executive director of the Company since 2006 and is currently the Company's Senior... Read more

15 Aug 2012

Director's Share Dealings

Anglo Pacific Group plc ("the Company") (LSE: APF) (TSX: APY) announces that Anthony Yadgaroff, Non-executive Director, bought on August 14, 2012 3,280 shares in the Company at a price of 246p per share. Following this notification his revised beneficial interest in the Company is now 175,460 shares representing approximately 0.16% of the issued ordinary share capital.
... Read more

26 Sep 2011

Resignation of Director
Anglo Pacific Group PLC ("Anglo Pacific", the "Group") (LSE:APF) (TSX:APY) announces the resignation of Finance Director, Matthew Tack, effective September 23, 2011. He will be leaving the Group on March 23, 2012 or earlier by mutual consent. Mr. Tack joined the Company in 2004 and has been Finance Director since 2006. He is leaving the Group to return to Australia after ten years working in the UK. The Board will immediately begin a process to identify a Chief Financial Officer to... Read more




Anglo Pacific Group PLC Appointment of Company Secretary
Anglo Pacific Group PLC ('Anglo Pacific') (LSE: APF) (TSX: APY) is pleased to announce that at a meeting on July 12, 2011, the Board approved the appointment of Mr Peter Mason as Company Secretary, who takes up his position with immediate effect.... Read more

18 May 2011

Director's Share Dealings
Anglo Pacific Group PLC ("the Company") (LSE: APF) (TSX: APY) announces that John Theobald, Chief Executive Officer, bought on May 17, 2011 1,700 shares in the Company at a price of 294.34p per share. Following this notification his revised beneficial interest in the Company is now 285,881 shares representing approximately 0.26% of the issued ordinary share capital. The Company further announces that Matthew Tack, Finance Director, bought on May 17, 2011 2,500 shares in the Company at a price of 282.07p... Read more


07 Mar 2011

Director's Share Dealings
Anglo Pacific Group PLC ("the Company") (LSE: APF) (TSX: APY) announces that, on March 4, 2011, Peter Boycott, Chairman, disposed of 30,000 shares in the Company at a price of 346p per share. Following this notification his revised beneficial interest in the Company is now 2,706,947 shares representing approximately 2.49% of the issued ordinary share capital. For a full copy of this release please click here.... Read more

02 Mar 2011

Director's Share Dealings
Anglo Pacific Group PLC ("the Company") (LSE: APF) (TSX: APY) announces that Matthew Tack, Finance Director, bought on March 1, 2011 4,000 shares in the Company at a price of 324.7p per share. Following this notification his revised beneficial interest in the Company is now 285,931 shares representing approximately 0.26% of the issued ordinary share capital. For a full copy of this release please click here.... Read more

02 Mar 2011

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. For a full copy of this release please click here.... Read more

02 Mar 2011

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. For a full copy of this release please click here.... Read more

02 Mar 2011

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. For a full copy of this release please click here.... Read more

DYOR.

[haydock] 05/11/2012 09:01

I can recall only the Chairman having a rest for ill health recently ?

Yes now that i remember, it was more back seat move & a change of role. No dirty washing.

No problem anyway as many of them have been keen to buy & hold stock very long term, usually on the open mkt.

[zoolook] 04/11/2012 20:56

haydock,

re your comment about the first class managemnt - wasnt there a change a year ago with the founding team retiring?

[haywards26] 03/11/2012 19:35

Just to add my thoughts in regards the net asset v EPS discussions.

I would say that both metrics are equally important. I would value APF on a net asset basis initially versus the market cap as these are the assets you are acquiring versus the price the stock market puts on the company/these assets. Having a large disconnect between the net asset value and the market cap gives a level of comfort and security in such an investment.

EPS is then one of the key factors in determining the future net asset growth and in company funding (bank balances) which when increasing would drive both future dividend growth and future EPS as in the more funds generated through higher profits now would result in additional royalties/investments being acquired by APF resulting in higher future profits and EPS.

[deadly] 02/11/2012 18:51

The results may have been poor but the +4% reaction today means the price is up on the week and someone is optimistic.

[nielsc] 02/11/2012 12:44

haydock,

Yes I thought as much ;-)

I think it will be a long time coming. Chipperfrd seems as busy as ever.

Cheers,
Niels

[haydock] 02/11/2012 12:10

My turn to chuckle:

I'll let one of the new boys try to find the value on the balence sheet.

Still waiting for Chip, a man who has too much already on his plate, to add this all up.
Its on his metals worksheet,been there for years, but i think even he would be pushed. I do not blame him for leaving it until last.

[nielsc] 02/11/2012 12:03

gavapentin,

... and if you tried telling that to the kids today...


A most dull investment really ;-)

Buy and hold and hold and hold.

Am I right in think that APF don't attribute any value to the CDN asset?


Cheers,
Niels

[haydock] 02/11/2012 12:01

You knew because i am the only man alive who remembers the original Minesite article along the lines of the hidden CDN coal.
Even the Minesite Archive no longer had it last time i looked.

I have to keep the memory alive, like the elders of the tribe.
That CDN coal is still on the balence sheet effectively for nowt !!!

It will be important someday.

If I keep this up P. will be throwing his bombs across, good to see him here today.
Cheers Hay.

[gavapentin] 02/11/2012 11:46

Right...when I were a lad, investing at 17p.....(true)

What I would say is twofold.

1. The results have already been priced in. Clearly. I would not suggest now is the time to sell. In fact, the reverse.

2. Hay - how did I know that you would come up with that comment at the end...I bet P is chuckling!

;)