Anglo Pacific Share Discussion Threads

[christh] 30/8/2016 08:24

Strong US Dollar should strengthen the revenue/profit as APF is being paid in US$.
(See Chairmans speech, results day)


It should be over 100p by now.

[bountyhunter] 29/8/2016 11:34

SB - I did wonder about the possibility of a lag in the sp; it will be interesting to see how the share price performs over the next week or two

[stevie blunder] 29/8/2016 08:00

Bountyhunter,
maybe there is more to come. :)
also the rise may not be sustained and tho the spot price is rising Kestrel probably sells a lot under contract and you will see that there is a lag in the way contract prices respond. But I agree that if Kestrel could get 120$ / ton and 90% is from APF land things start to look rosier, APF was around 180p last time coking coal was this price.

In the conference call with the interims the question was asked about how much coal Narrabri sells into the spot and how much under contract. They couldn't answer because Whitehaven don't release that information. Glad I'm not an analyst!

[bountyhunter] 28/8/2016 18:25

SB - that's quite a significant rise in coal prices - I'm surprised that the APF share price hasn't risen more than it has

[stevie blunder] 28/8/2016 14:07

I'll second that

[rrr] 28/8/2016 10:59

Indeed there are as usual two sides to the argument! I can't help thinking though that, in the longer term, it would be good to see some more non-coal investments.

[stevie blunder] 28/8/2016 09:50

On the other hand......



Price depends on demand AND supply.

Price behavior suggests some excess of demand over supply at least right now.

[spectoacc] 26/8/2016 10:02

Fair point re need to replenish. Has felt for a while that sorting what they've got already was more important, but maybe we're getting there.

[sogoesit] 26/8/2016 09:28

Well, I think we're at or close to the bottom of the cycle so, if the company wants to grow, this is a good time to accumulate assets... and future cash flow (bearing in mind these commodities are wasting assets).
I bought for income but, being long term, I would appreciate continuity and some capital growth.

[spectoacc] 25/8/2016 12:04

If I'm honest, that's always been a worry to me - buying more income streams, particularly if via a placing. Stick with what they've got and pay us the income!

[proactivest] 25/8/2016 11:53

Video interview with Julian Treger



Anglo Pacific Group PLC (LON:APF, TSX:APY) chief executive Julian Treger says the company continues to progress well after reporting a “solid” performance in the first six months of 2016.
“We have said that we were turning the corner and I think the first half of the year shows continued progress,” Treger tells Proactive.
“Overall, it was a very solid first half of the year.”
The EU referendum result also had a positive impact on the company’s results, with Treger telling Proactive: “Because of Brexit the net asset value went up and net debt didn’t rise as much as we had expected.”
Treger also says that the company knows which commodities it wants to gain exposure to, adding that the continued share price rise is helping to create more opportunities for Anglo.

[neilyb675] 25/8/2016 07:47

Div maintained, solid results, good management and superb prospects......buy and hold.

[spectoacc] 25/8/2016 07:39

They've certainly dcb'd, but with 7p of annual divis planned & confirmed, share price doesn't seem unreasonable. If they get back to divi cover target sooner than expected (weak £/Kestrel) and a rising divi again becomes a prospect, then they're cheap IMO. Happy to sit on what I've got.

[djgrantb] 25/8/2016 07:32

Have a small holding, I think the share price rise over the last 6-9 months is already factoring in these good results. Not expecting much upside so will be pleasantly surprised.

[ruethewhirl] 25/8/2016 07:21

Very upbeat.

But will the share price be beat up?

[spectoacc] 25/8/2016 07:17

The most positive RNS from them in a while I'd say.

"Our encouraging start to the year, coupled with the near-term improved outlook for commodity prices and a weaker pound, should now accelerate dividend cover. We continue to work hard to acquire accretive acquisitions but remain disciplined to only invest in those opportunities which will, over time, enable us to grow the dividend and create shareholder value.""

[neilyb675] 17/8/2016 20:44

8 days IMVHPO

[bountyhunter] 17/8/2016 19:41

not long to results...

Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) is pleased to announce that its interim results for the six months ended June 30, 2016 will be released on August 25, 2016.

[neilyb675] 17/8/2016 16:57

This provided a constructive environment for the mined commodities with copper, zinc and nickel finishing the month up by 1.6%, 4.5% and 6.7% respectively. The bulk commodities also trended higher as thermal coal, coking coal and iron ore rose by 16.5%, 10.3% and 9.1% respectively. The commodity price strength we have seen year to date will likely lead to analyst earnings upgrades over the coming months.

[haywards26] 29/7/2016 17:22

A nice rising share price has rid the board of the doom mongers it appears...

[piedro] 20/7/2016 15:50

What they didn't say was that the Kestrel Q-2 production was lower due to another longwall changeover - See Rio Q2 update

[spectoacc] 20/7/2016 15:26

A nice little RNS, though not sure why it doesn't have a larger effect on the annual outcome. Still - every little helps, and bodes very well for 2017 predictions.

[weeeck] 07/7/2016 10:45

I am surprised that this has not risen commensurate with the drop in value of the £ as their earnings are mostly priced in $US.

[1budens] 26/6/2016 22:35

On Bloomberg China announced it had cut back considerably on the amount of coal it was using and will do so for the future in order to help the pollution problem.