Asiamet Resources Share Discussion Threads

[amaretto] 30/1/2018 22:33

You can't monitor the board without signing in so since you created your logon on the 30th you're obviously lying. Filtered along with Del Boy earlier this week.

I'd advise everyone to do the same or at least don't feed the trolls by engaging with them.

Looking forward to the presentation tomorrow, expect it'll be more of the same, nothing earth shattering, just steady as she goes with more excellent progress I daresay.

[ronconomics] 30/1/2018 22:21

Steve podcast online by lunchtime tomorrow.

[mount teide] 30/1/2018 22:20

Del Boy - suggestions were offered as to who could be behind the 100k sells - in reality a few 100k (£9k) daily sells is largely nickel and dime compared to the share price manipulation that went on here during April to July last year - while the Company were quietly negotiating a placing with JP Morgan totalling 64m shares at 4.3p.

Repeatedly posted that contrary to managements assertions, it was highly implausible that the 300m transaction volume during that period was PI's taking profits and/or doing a little trading around the margins of their main holding - and so it proved with the JPM placing announced in early August. In the run up to the placing, following the regular release of good news I elected to continue building up my position each time the share price was driven back down to the low 4p area.

Likewise at CAML, spotted similar activity last summer, and elected to triple my holding at 207p - shortly afterwards a placing/RTO was announced at a premium and some three months later the share price is now up over 50%.

Unfortunately, according to the FCA, some 20% of the transaction volume in the lead up to equity placings is considered suspicious BUT this is apparently okay since it used to be over 30% a decade ago! Consequently, it is possible to predict some placings, by closely studying the share price behaviour and transaction volume, particularly where the placing discussions are taking place over a number of months.

Which brings us back to the recent trading of ARS - the circa 130m transaction volume since the mid/late November 12p high is not even half the volume seen in the period before the JP Morgan placing. If you bear in mind some shareholders are now up between 5 and 10 fold from the lows, the recent share price behaviour and transaction volume is probably consistent with new shareholders buying into the still huge upside potential and some long termers disposing of a few hundred thousand for year end tax purposes or trading around the margins.

If there is a placing in the pipeline, the share price action suggests it will be small. And something I would very much support if used to fast-track the 2018 operations programme.

For me, post investment research is as important as pre investment research.

I consider ARS the highest risk/reward investment in my portfolio, so watch the investment like a hawk, and carry out further research as a matter of routine. Fortunate to have the help of an old friend who runs a leading container Port in Indonesia - he keeps me up to date with mining industry developments, National Politics and the economy which is currently performing very well.

Recent feedback from him suggests there may be a perceptible change from some in high political office towards foreign mining companies; probably driven by not wanting to miss out on the global recovery now taking hold in the sector. Increasingly, the message is the Nation will be doing more to attract foreign investment and expertise, by working with the mining companies rather than against them as was perceived to have been the case by many during much of the long 2010 - 2016 industry recession.


AIMHO/DYOR

[horneblower] 30/1/2018 22:17

Delboy, everyone has their own opinions but they don't necessarily waste other peoples time with them.

Consider a shareholder with 5 million shares bought at 1p. They cost him £50,000.
Now it's worth £500,000. It's reasonable to expect him to sell a couple of million shares which makes him £150,000 profit with £300,000 worth in for free.

Selling 100,000 a day is a perfectly reasonable way to do it.

How would you do it if you were in that fortunate position?

[delboy ars mad] 30/1/2018 22:02

Then tell me who sold 30 to 40 millions in blocks of 100k since November not a normal guy on the street . only stating the true situation

[delboy ars mad] 30/1/2018 21:57

I am well mannered but I raised my opinion which I believe is true and everybody slated me. Free speech and I will holding on to my shares

[cyberbub] 30/1/2018 21:52

Or get a room

[ianbag] 30/1/2018 21:41

This is one of the best mannered boards on advfn so del and yum yum take note. If you feel the need for mutual gratification you could always set up your own board

[scarymonster] 30/1/2018 20:19

Give it a rest delboy, this is not your local pub.

[mr roper] 30/1/2018 20:07

Cyber, snap.

[delboy ars mad] 30/1/2018 19:50

Cyber it seems like if people have a opinion that you don't like you filter them. I bet you wouldn't walk in my local pub in London and do that. Every body has the right to free speech

[cyberbub] 30/1/2018 19:31

Yumyum1 filtered. Life's too short.

[dorset64] 30/1/2018 19:07

Delboy, you need to choose your friends more wisely, in fact I think you've gained a stalker!!!

[adorling] 30/1/2018 19:01

Yumyum1 - Member since 30th January! Enough said.

[yumyum1] 30/1/2018 18:33

DELBOY YOUR ON THE RIGHT LINE,SOMEBODY BIG SELLING SINCE OCTOBER, DONT LISTEN TO ALL THE CLEVER CLOGS

[okidokicoki] 30/1/2018 16:12

Been quiet on the news front since the beautong licence , have a feeling all the team are working very hard in the background. Have a feeling the news flow will start to ramp up over the coming months. They might even be trying to thrash out a deal with a partner who knows .

[mr roper] 30/1/2018 15:56

what we are seeing is a nice quiet period, taking the froth off the near rapid 200% rise in Q3/4. A bit of breath catching, form a base, let some of the technical indicators cool down and get ready for the next leg up. Starting shortly at a bulletin board near you....

[charles clore] 30/1/2018 13:45

Dorset - you wrote ... No-one ever asks these same questions of why people buy in 100k chunks when the share price is rising...That is surely because the company is currently so undervalued that one would expect the stock to be in net demand, which should mean regular buying. But what we are seeing is regular selling instead and that must raise the inevitable questions. I remain overall bullish but the market is fickle and patience is required here.

[delboy ars mad] 30/1/2018 13:23

Dorest you are right and I love this share and will be in for a longtime. Just bored as am off work I'll with to much time on my hands I won't be going anywhere but thanks.only going to check share price once a day now. And you are right never find a better company with brilliant BoDs

[dorset64] 30/1/2018 13:13

Delboy I do think you're barking up the wrong tree here and, as mentioned above there are plenty of pi's that post just on this one advfn page that could sell 100k lots for 7-10 days, in fact I'm one myself but many many more out there in the world.

I 100% don't believe it to be JPM selling and is just pi's shuffling their holdings for tax reasons or other reasons we will never know. No-one ever asks these same questions of why people buy in 100k chunks when the share price is rising.

The only question you have to ask yourself is to look at the fundamentals here, what do we have, what could we have, why are the BoD's only paying themselves in shares instead of taking £millions out in salaries when they could be etc etc.

Just look at whats coming up with regards to near term news and if your still worried about your investment, then simply sell up & move on to the next one although I doubt you'll find a more compelling investment right now that Ars, but please do correct me if I'm wrong as I won't be selling anything and will keep accumulating when & where I can.

[delboy ars mad] 30/1/2018 12:59

Thanks snickerdog. I know I'm here until the fireworks go off in 2021 to 2022 at least .just having a bad couple of months been of work with a back problem lucky for me still get paid. Watching the share price to much instead of RELAXING thanks mate sorry all delboy