Anglo Pacific Share Discussion Threads

[haydock] 29/5/2013 09:18

http://minesite.com/news/pwcs-annual-report-on-mining-in-british-columbia-delivers-a-positive-verdict-but-the-global-commodities-slowdown-still-casts-a-long-shadow

[christh] 22/5/2013 16:10

any news from the agm....

It must be very positive as the price is up.

Remember the divi is 5.75p, and you can still qualify for it if you buy now.
X-divi on the 5 June.

I am sure the market makers will push that to 260p as the yiels is very good.

[haydock] 16/5/2013 22:26

The statement from HZM.
APF due to pay up soon.

[weeeck] 16/5/2013 15:06

Good Afternoon QP,
Yes I agree that the companies assets are worth a lot less than they were this time last year. That is because they invest in commodities. The whole commodities market is down. So the question you have to ask is, do you want to be invested in commodities or not?. If not then sell your Anglo Pacific shares. If you do however, I would contend that these shares are one of the safer investments in that sector. Always remember the old adage 'The time to buy is when everyone else is selling'. I am in the former camp.
Cheers,
Eric

[quepassa] 16/5/2013 14:58

Today's IMS.

This is where the real rub lies in my view.

The valuation of APF's Strategic Mining Interests.

If I have read the accounts correctly, APF took an impairment charge as at y/e December 31st 2012 of £3.7million

(Page 63 Annual Report:-The impairment represents £3.7 million in unrealised losses the Directors consider to be impaired at December 31, 2012, following the underlying investee company filing for protection under a corporate reconstruction.)

Now in today's RNS, APF reveal a further loss of £3.9million in Q1

(The Group continues to manage the performance of its strategic mining interests, exiting from certain investments where it no longer considered that a royalty would be forthcoming. This has resulted in a loss of
GBP 3.9m on disposal in the first quarter.)

That would appear to be £7.6million of losses/impairments in just a few months.

But what is the total current MARK-to-MARKET value of the other Strategic Mining Interests, given the falls across the sector in the past few months since year-end Dec 2012? Quarterly reporting would have helped but this has surprisingly been withdrawn.

Expecting the normal flurry of responses and people jumping to APF's defense whenever I post. So no need to be shy.


ALL IMO. DYOR.

QP

[quepassa] 15/5/2013 09:36

Post 6223 refers

QP

[haydock] 15/5/2013 09:18

As a fine honest committed share owning board, tightly run ship, tight as a ducks...

In fact the tightest run ship I have ever found, even up to the standard that was Hampson Industries under John Wardle in the 1980's

We plan to build a new fancy headquarters, no it costs too much brass, so we won't bother !
When do you ever hear that these days.

APF is even better, 6+ men & a dog meet now & then.

Overheads sub- minimal!

[topvest] 15/5/2013 09:05

But they have a very good record.

[haydock] 15/5/2013 08:53

APF has always seemingly prided itself on investor education and providing information to the market.

Eh, a wrong assumption here. way off the truth ! QP.

APF has been a tight,closed company that says nowt for years.

The only real info we have has been through the excellent & tirelessly selfless endeavours of Piedro.

For example:

I recall the details of the CDN coal from a 2004 Minesite article, no longer in the archive.
Even the press now fail to mention it at all, & APF will say nowt.

[topvest] 15/5/2013 08:48

The dividend is underwritten by Kestrel for many years. This coal asset is being expanded, so things look pretty positive with that 20 year asset. The outlook is pretty good for a number of years on that basis.

[gavapentin] 15/5/2013 08:40

QP - thanks for reply - some interesting points. Agree with some and disagree with others.

[danieldruff2] 15/5/2013 08:34

One man's endless battle to talk down a share price

[topvest] 14/5/2013 20:46

Happy with the timing of my purchase - seem to have got it about right. Looks well positioned here for recovery with the main asset ramping up coal production again after the extension.

[gavapentin] 14/5/2013 19:28

QP - any thoughts on recent price activity?

[christh] 10/5/2013 14:38

Price will rise close to the agm.
the x-dividend is not far away

[christh] 23/4/2013 15:40

Director's Share Dealings
FOR: ANGLO PACIFIC GROUP PLC

LSE SYMBOL: APF
TSX SYMBOL: APY

April 23, 2013

Director's Share Dealings

LONDON, UNITED KINGDOM--(Marketwired - April 23, 2013) - Anglo Pacific Group PLC (the "Company") (LSE:APF)(TSX:APY)
announces that it received notification on April 22, 2013 of the following transaction by a connected person of Mr.
Michael Blyth, a Non-executive Director of the Company. On April 22, 2013, Mrs. Carolyn Blyth, Mr. Blyth's spouse,
bought 5,600 ordinary shares of 2p in the Company ("Shares") at a price of 221p per Share. Following this
notification, the total beneficial holding of Shares by Mr. Blyth and his connected persons is now 7,000 Shares,
representing approximately 0.01% of the issued ordinary share capital of the Company.

This notification is intended to satisfy the Company's obligations under Disclosure and Transparency Rule 3.1.4R.

Notes to editors:

About Anglo Pacific Group PLC

Anglo Pacific Group PLC is a global natural resources royalties company. The Company's strategy is to expand its
mineral royalty interests in long-life mining assets. The Company achieves this through both direct acquisition and
investment in projects at the development and production stage. It is a continuing policy of the Company to pay a
substantial proportion of these royalties to shareholders as dividends

[christh] 23/4/2013 10:42

Dividend history shows a steady increase year upon year.

[christh] 23/4/2013 10:31

Surprised the pension funds have not pile in yet.
Probably not found out about it.
A very good return than having the money in a Bank account.
Better divi than many FTSE100 companies.

The divi is always increased by 8% of the previous divi.
So 5.45p x 8%= 5.9p
4.45p x 8%= 4.9p
TOTAL=10.8p forecasted for 2013/14

[christh] 23/4/2013 09:31

all trades at the moment are buys.
They are shown as SELLS but when I tested it is 216.5 to BUY now.

With the divi a 5.45p final this is a very good yield (total for the year over 10.5p)

Better than what BT pays which is less than 10p at 277p or Barclays 8p at 295p.


Good source of income and growth.

[noslien] 23/4/2013 08:32

Stevie, I suspect you are right and I am saddened by this because I am a great believer that companies should tell it as it is and leave it for investors to see through the results and trends and make their own judgements about a business. I detest obfuscation of any sort and quarterly reports were useful for shareholders. Let's see what they say at the AGM at the end of May. I would like to go if I can.

[stevie blunder] 23/4/2013 08:18

So no more quarterly reports. (the next one was scheduled for 14th May) Perhaps that is just as well given the volatility of the Kestrel royalty!