Anglo Pacific Share Discussion Threads

[bhoddhisattva] 01/5/2019 16:46

Here's a much more useful wen site - an eminent Cambridge academic won plaudits from folk on all sides of the environmental debate for his detailed, factual, objective report which he self-published and is available free of charge for personal use.

Very interesting and it should be compulsory reading for those who are investors as well as concerned about the environment:


www.withouthotair.com/download.html

[quepassa] 01/5/2019 15:35

Anyone seen this website?

It's called: YES TO LIFE NO TO MINING - CAMPAIGNS AGAINST COAL.

hXXp://www.yestolifenotomining.org/campaigns-coal/



Activist organisations like this make the coal sector a precarious place for investors to be in my view.

ALL IMO. DYOR.
QP

[wanderingjock] 01/5/2019 15:21

QP, if you have nothing NEW to add, do us all a favour and stop posting. Thx

[quepassa] 01/5/2019 15:06

Many many more institutional investors will be re-assessing their Corporate Policies on investment in the fossil fuel industries, especially for heavy pollutants like coal.

It seems to me that any investments in the coal sector are going to come under a lot of selling pressure in the future due to the growing voice and impact of various Green movements.

This sector is a very uncomfortable place to be.

There is endless bad publicity about the coal sector and it will only get more vociferous to the detriment of all investors in such an embattled sector.

A very worrying sectoral backdrop.

ALL IMO. DYOR.
QP

[bhoddhisattva] 01/5/2019 14:49

And I got into uranium, Cameco (Canadian) to be precise, up to 2 years ago but still buying ...

[bhoddhisattva] 01/5/2019 13:44

hahaha - coming from you after years of crowing about APF being down, out and to be avoided that is priceless. Made me smile.

And if anyone wants an idea for investment ... look at Uranium ... advisedly I say look at a producer of it, in a stable country, with proven resources/cash/good management.

Slowly bouncing back from years of downward trend ... contract - as well as spot - prices allegedly firming up, electric vehicles demanding more and more electricity while pressures on to stop burning coal and other fossil fuels, and yet renewables can't deliver all the time reliably.

No charge for this but please DYOR, E and OE, DFC and bar.

[bhoddhisattva] 01/5/2019 10:26

Oh dear ... another share price increase ... those shorts must be hurting - eh QP?

[topvest] 29/4/2019 13:30

I think not. The market is focused on 2019 and 2020 earnings and dividends. After that it’s going to get tougher. Also trading way above book value. It’s a good company, don’t get me wrong. I just don’t think that they can replace Kestrel. Those sort of royalties just aren’t available anymore on anywhere near as good terms.

[rochdae] 29/4/2019 00:17

topvest

Your argument doesn't hold water. You can't say on the one hand that APF only has 4 more years of revenue and on the other hand say the share price may well go up in the short term. The market isn't that stupid. You are missing something in your analysis.

[melody9999] 28/4/2019 23:20

Topvest - I get your point. Its a bit like investing I guess - you will find one golden nugget that multi bags and brings in a large proportion of your gains.

As suggested in the last TU, APF are assessing further acquisitions so I think you have to trust our BOD to deliver - if not then you probably need to move your money. I like the business model and the dividends so I am staying put!

[topvest] 28/4/2019 09:22

That's why I'm saying that 2019 and 2020 are about as good as it gets, unless they can find something to replace Kestrel.

[topvest] 28/4/2019 09:21

You are missing the point. APF's main asset only has a £110m valuation. Last year's revenue was £32.6m. It therefore has 3 or 4 years to go until it is largely depleted (i.e. the coal in the royalty areas has all been mined).

[rochdae] 27/4/2019 22:17

The discussion here over-complicates. Many companies only have one asset. Look at all the mining companies out there, or the tech stuff. It's all the same story with associated risks. The tech bubble bought the future but most companies weren't making any money. APF's share price rise is because it's generating more cash. If it continues to do so the share price will continue to go up. If it doesn't it won't.

[topvest] 27/4/2019 17:45

The problem as I see it for Anglo Pacific is that it is a company built around one fantastic asset: Kestrel. It will be virtually impossible to buy anything anywhere near as good. Everything they have done in the last 5 years hasn’t really moved the dial. 2019 and 2020 are probably as good as it’s going to get. It could still go up quite a bit more, but when it goes ex-growth it’s best to have moved on.

[quepassa] 26/4/2019 08:01

An uncomfortable article in today's FT, page 3, headed " Extinction Rebellion - Climate protesters "swarm" Square Mile".

Second paragraph makes sobering reading.

ALL IMO. DYOR.
QP

[illiswilgig] 25/4/2019 09:28

I agree, Q1 royalty income up again - primarily thanks to Kestrel.

The increase in production at Kestrel means that the land over which APF has royalty rights will be exhausted more quickly. The company is hugely dependent upon this royalty - so selling it whilst the price is high is not necessarily a bad thing. It all depends upon what they buy to replace it.

But I am pleased to see that APF is not just rushing after quick deals - as they have done in the past - they need to do some very good deals to replace Kestrel.

In the short term the share price may well contine to rise as the market overlooks the limited span of Kestrel royalties - or overrates the companies ability to replace them.

It's a hold for me at the moment - but if the price continues to climb I may well be selling - unless they do some excellent deals which set the basis for the future,

cheers

Illis,

[quepassa] 25/4/2019 09:21

Embarassed?

Calling the share correctly all the way from 350p to 50p is hardly a cause for embarrassment.

Normal irrelevant and erroneous waffle from our lackie consultant/slave writer of others' Power-Point presentations (yawn).

[rcturner2] 25/4/2019 08:57

QP has been knocking this share since it was under 100p.

I admire the fact he doesn't seem to be embarrassed about that.

[bhoddhisattva] 23/4/2019 12:18

johnwig - you have no idea of my age, and looking at your posts elsewhere you are obviously a troll trying to attract attention and/or cause irritation - and you signed up just a month ago ... to wind others up? Or push an eco agenda?

Or an anti-Woodford - or is it pto-Woodford agenda? ~90 posts in a month?

Clearly y9ou have no stake in APF so away with you, troublesome insect.

QP - his documentary was good BUT also exaggerated and misrepresented various things . read the reviews.

[quepassa] 23/4/2019 09:24

David Attenborough's unmissable recent documentary " Climate Change - The Facts" is outstanding . Important viewing for all.

Watch it on Iplayer.

Fascinating and hopeful ending featuring the astonishing young and emerging Eco-Princess, Greta Thunberg.

Five star viewing.

ALL IMO. DYOR.
QP