Anglo Pacific Share Discussion Threads

[rcturner2] 27/8/2017 09:41

hxxps://ourfiniteworld.com/2012/03/12/world-energy-consumption-since-1820-in-charts/

Quite an interesting chart in there. If coal has fallen as % it is only because of the massive expansion in the use of oil and gas.

Coal consumption in absolute terms is still increasing.

[semper vigilans] 27/8/2017 09:37

I did not liken coal to the slave trade: I was merely pointing out the current fashion of wiping history off the map.

[quepassa] 27/8/2017 09:29

Do you have a political bent?

great at not answering the question about PERCENTAGES.

percentages of energy mix, dear boy, percentages.

QP

[rcturner2] 27/8/2017 09:22

50 years ago coal production was about 1/3 of what it is now?

Coal production has increased rapidly since 2000, if anything the rate of growth is increasing.

hxxp://www.energytrendsinsider.com/2014/07/30/king-coal-deposed-in-west-but-reigns-in-east/

(2014 figures so may have changed more recently)

[riskvsreward] 26/8/2017 21:47

QP, are you backing your conviction with your money? SO are you shorting apf?

Is your short position as big as your conviction?

Don't be all mouth and no action and try so hard to make all the rest on this board to short.

[quepassa] 26/8/2017 19:31

yes. we know that.

but 50 years ago in the 1960's what was the global percentage then?

and what will it be in 50 years time?

[rcturner2] 26/8/2017 18:54

QP, coal provides 40% of the worlds electricity, the largest source, twice the size of the next largest.

[quepassa] 26/8/2017 16:42

No.

Just whiling away some idle moments by feeding the minnows for fun on a lazy Bank Holiday weekend.

QP

[sogoesit] 26/8/2017 15:55

Rose to the bait!
Lol

[quepassa] 26/8/2017 15:33

Wow.

First someone likens coal to the slavery trade

Second someone compares coal to the tobacco industry

and now someone writes some utter garbage about snake oil which is meant to be clever but in fact is nonsense.

This apart from our permanently Resident Neanderthal.


No more coal mines in the UK. no more coal-fired power stations by the 2020's. Beijing has closed all its fossil fuel power plants due to extreme pollution.

Fact. fact. fact.

hard to swallow for most. But actions speak louder than words.



ALL IMO. DYOR.
QP

[sogoesit] 26/8/2017 15:04

The end of the oil age is now predicted and, so it seems, is the coal age.
A lot of this prediction is politically motivated, neither scientifically nor economically based.
As usual the supply of snake oil is rising on this trend. Snake oil, otherwise known as talk, is currently cheap. Will its price, or value, ever increase? I doubt it.
Will political activism impoverish the developing world as political correctness has been impoverishing Western European energy consumers? And for how long?
Long fossil fuels, long term or, until my death, whichever comes sooner.
Good luck all investors, snake oil or otherwise!

Be careful when you follow a herd. If you're not wearing spectacles they could turn out to be lemmings!

[quepassa] 26/8/2017 13:50

8370 refers.

[riskvsreward] 26/8/2017 10:37

QP, you have a view, you expressed your view, what is the point of repeating the same view for ages?

If you have conviction in your view,act on it, short apf and other companies that invest in coals,like apf, glen etc.

Just like you, others are entitled to have their bullish views on coals and they act on their views with their money.

At the end of the day the ones are right will make money and those are wrong will lose money.

So far this year you are on the losing side as apf just made a year high. From the growing eps and dividend forecast for the next two years for apf, and the momentum of share price movement, your loss may last longer and get greater.

[ruethewhirl] 26/8/2017 08:49

Wow nice rally lately. Congratulations to those who hold on.

[rcturner2] 26/8/2017 07:07

2014 World electricity generation (23,816 TWh) by source (IEA, 2016)

Coal/Peat (40.8%)
Natural Gas (21.6%)
Hydro (16.4%)
Nuclear (10.6%)
Oil (4.3%)
Others (Renew.) (6.3%)

[rcturner2] 26/8/2017 07:04

All sorts of things are in terminal decline, and coal is definitely one of them. It does not necessarily follow that APF is a bad investment. How coal plays out over the next 10 to 20 years is guess work. For example tobacco smoking is known to be in decline, but tobacco shares have been a very good investment for many people.

[quepassa] 26/8/2017 06:56

Coal in terminal decline has caused a knock-on decline in coal prices.

Decline in coal prices means downwards revaluations of coal assets.

Kestrel marked down a whopping 8% at half-year.

Never good to see the value of assets held as investments go into downwards reval.


A vicious negative cycle.

ALL IMO. DYOR.
QP

[spectoacc] 26/8/2017 06:42

I've tried to explain before to @QP that what matters is the price you pay. What's particularly galling is that he won't even have had the nous to back his judgement and be short of APF. Yawn yawn yawn indeed.

[quepassa] 25/8/2017 21:09

yawn yawn yawn

[quepassa] 25/8/2017 20:23

Yawn yawn yawn

[weeeck] 25/8/2017 19:42

Don't do this very often but would you are in the bin. QP filtered.

[christh] 25/8/2017 17:40

kenmitch,
do not waste your time with him.
He is not a well man, a psychopath.
It is not recently that he is trying to find a blemish on APF.
He will find something peculiar,unreasonable,weird to say about APF.

I had a serious row with him, very provocative to the point that you
want to hit him.
Most probably suffering from Bipolar disorder so pity the man and ignore him.

Going back to coal...
Coal will be with us to the end of time.
Rio sold Western Australia Coal to Yancoal after a fierce battle between Glencore
and Yancoal.
Yancoal beat Glean buying it for $2.46 billion.

Many new coalmines are openning up and many others upgraded in Australia.

A good source of information is.....
hTttps://www.australianmining.com.au/