Anzon Energy Share Discussion Threads

[smudgeroo] 13/9/2007 10:46

A quick update on the chart I posted a few days ago:


free stock charts from www.advfn.com

Long term down trend clearly broken with a new sharp up trend developing.

Basically backs up what we have all been saying recenty about where the short term price should be heading.

[smudgeroo] 13/9/2007 10:28

Karlos,

You raise a good point. I would have thought that any announcement confirming the recommencement of production would give the share price of AZA a bit of a boost.

Lets say that AZA's share price remained static at approximately A$1.60 for the immediate future. If the company then announced that production had recommenced then I suspect we will see a wave of new buyers coming into the stock adding fuel to an already we lit fire.

Say this news added another 10% to the AZA share price we would then be looking at a price per share of circa A$1.76. If an offer for AZA were to then emerge, lets say at a 20% premium, we could be looking at a AZA share price of approximately A$2.11.

What does this equate to for AEL?

Well at todays exchange rate AZA at A$2.11 per share would be worth £324m.

AEL's 53.1% share in AZA would therefore be worth £172m! or to put it another way £1.79 per share!

Using the above scenario as an example, it's clear to see that there is still plenty of scope for further gains to be had. Best of luck, I think you will do rather well out of your initial investment.

[cleo1601] 12/9/2007 15:50

I think the difference might be volume, but what is driving that suddenly could be any of the things already mentioned. Oil is firming up also and maybe people are looking at the "forgotten" shares for bargains, and stumbling into this one? Nice thought. Hope we soon get back to the 114 that I thought a bargain in the first place.

[karlos885] 12/9/2007 13:48

catch up yes but don't you think it is signifficant that we normally trade behind the aussie price now mm's are moving it up more inline with the price on the aussie is this so anyone in the know is not getting a cheaper price over here. As if an offer is coming the gbp price will have to be the equivlilant to the aus price.

[markfrankie] 12/9/2007 13:32

karlos, or we are atlast playing catch up?

[jonno1] 12/9/2007 12:54

probably more to do with the exchange rate

[karlos885] 12/9/2007 11:55

what i find most unusual is for two days running ael has been more up here than it has in oz. would ten to indicate something is afoot!

[karlos885] 12/9/2007 10:16

guys just wondered whther i could ask for a bit of advice recently purchased some of these shares as i think it seem likely that an offer will be made as they do seem to be highly undervalued.

I found this in an old rns it seems news is also pending on the BASKER MANTA GUMMY (BMG) PROJECT, ANZON ENERGY LIMITED (CODE: AEL) 25 July 2007 quote 'The Havila Harmony is a construction/diving support vessel and has the appropriate capacity to reinstate the mooring. It will be fitted with a saturation diving spread to ensure that a range of contingencies can be covered. It is expected to be mobilized to the field in mid-September, allowing production to recommence in late September/early October 2007.'

Can anyone tell me the signifficance, the recommencement could have to the company?

thanks in advance

[bomfin] 11/9/2007 10:46

It's fairly simple I think.

Either Aza is overvalued or Ael is undervalued. The sale of 10% of BMG for $A123 million suggests that Ael is undervalued. imho dyor

[smudgeroo] 11/9/2007 10:44

Looking very strong.

Level 2 currently 3 v 1 and all blue.

[smudgeroo] 11/9/2007 09:40

Break through the 90p barrier and we could be looking at 110p pretty quickly.

Just an observation.


free stock charts from www.advfn.com

[smudgeroo] 11/9/2007 09:33

Price looking strong again this morning.

Level 2 currently 4 v 1.

bomfin,

Looks like the MM's are finally waking up to how undervalued this company is.

[bomfin] 11/9/2007 07:04

Meaning.

Whilst the differential is in place you can sell Aza shares and buy Ael and be better off. imho

[bomfin] 11/9/2007 06:59

Aza down 4 cents in Australia.

Would make sense if Aza and Ael share prices evened out a bit. imho

[bomfin] 10/9/2007 10:49

Can't be far from a push on to the £1 mark. More positive market today so far and another possible rise in Australia on the cards. imho dyor

[smudgeroo] 10/9/2007 08:53

Level 2 is currently 4 (80) v 1 (87) by the way.

Going higher.

[bomfin] 10/9/2007 08:37

thebaron,

I reckon they have to buy AEL. Fact AEL isn't moving suggests that the likely buyer of AZA already has connection to AEL. imho dyor

[thebaron] 10/9/2007 08:34

Bonfin.If AZA receive an offer and AEL own 53% of AZA, the prospective buyer will presumably not want to become a subsidiary to AEL and therefore either needs to take out AEL or aquire at least 4% of AEL.Is this your assessment?

[smudgeroo] 10/9/2007 08:32

bomfin,

I agree. I make AEL's 53.1% share of AZA to be worth £127m at current Ozzie prices.

We surely must be looking at a minimum of £1 a share here prior to any firm offer being made for AZA.

[bomfin] 10/9/2007 08:28

Current AZA share price transfers to £120 million to AEL. Surely that's worth £1/share to AEL?

[thebaron] 10/9/2007 08:19

Agree have also added today

[smudgeroo] 10/9/2007 08:19

On the move now guys and girls, WINS, JEFF and SCAP all moving up at 9.16.

[bomfin] 10/9/2007 08:05

Added some today. Up 9cents in Oz on a very red day.

[bomfin] 10/9/2007 06:21

Yes! very encouraging. Suggests there is something serious in the takeover department. Now only 40 Acents(20% premium) off $2A/share which most likely gives us £1.45.AEL share if that happens. £20 million RAk bond can be converted at £1.45 which might keep AEL down at that level. imho dyor