Atalaya Mining Share Discussion Threads

[rougepierre] 05/5/2017 14:04

Unsurprising lango...

No longer a "speculative share"...at least FIVE credible analysts have this as a STRONG BUY...

Not an "unpopular sector"...:

ANTO £7.4Bn Mcap; 2 million shares traded today
VED £1.6Bn 900k
GLEN £40.5Bn 24 million
RIO £40.6Bn 2.2 million

BLT £23.7Bn 7.2 million
AAL £14.3Bn 5.6 million
KAZ £2Bn 2.9 million

Next biggest...ATYM £157.5 million with a projected NPV of £700 million without Touro.

"a long slog until the company turns in a profit"

Did you not read the 2016 Annual Report?

We made a post tax PROFIT of 12.037 million Euros

We made a pre tax loss of 150,000 Euros, but that means we made a pre tax PROFIT of 8.134 million Euros in Q4

And based on the Q1 Operations update, we made a pre tax PROFIT of a little less than that in Q1...

Finally, apart from the fact that we have one of the biggest metal traders and one of the biggest investment funds in the whole world as share holders, I assume you are implying that the "unfavourable ownership structure" is because of the 'free float'.

But these owners bridged us until the Equity placing; financed over £90 million of that placing; have massive guaranteed off take agreements; and have not sold a share since.

Also, Majedie, with Assets under management of £14 Billion has bought 5.54% of our stock.

And finally, re the 'free float'...

Convatec came to the market in 2016 by issuing only 33% of its share capital (MCap £5.7Bn)

The average shares released (i.e. the free float) by all 200+ new IPOs in 2016 (according to the London Stock Exchange) was 12.18%....

Please do your homework before you post derogatory remarks about fellow posters doing their very best to support this tremendous company!

[shortarm] 05/5/2017 13:06

What a thorny little prawn!

[rougepierre] 05/5/2017 11:41

I suppose that's a plausible explanation LLB...but who gains? Have TSC got some sort of kickback? Otherwise it's still down to market prices...

I've just looked at TSC...all the ATYM trades are listed as OT...

And this page is very bullish and they're quoting the price as 135p...can't see much wrong there...

hxxps://www.share.com/find-investments/advanced-finder/company-overview/atalaya-mining/summary/7846/

[laurence llewelyn binliner] 05/5/2017 11:40

#RP on prices below the bid.. I've noticed that The Share Centre's prices are regularly 1 or 2p below Barclays bid prices..? it stinks, but when Barclays off loaded their business account holders last year this is who they chose to manage their book..

[rougepierre] 05/5/2017 11:28

no sorry...redknight...

[poleaxe] 05/5/2017 10:50

What i want to know is which one of the poster's is yorgi, is it you rp?

[rougepierre] 05/5/2017 10:47

As I said charmer. This is by a multiple of 10 times my biggest investment ever. But I'm not talking my book...there is so much good news I don't need to.

Irrespective of who it is, let us be very clear about this 'manipulation'.

"Husbod, change broker! Most if not all are sets trades and done online so no broker would ever question my decision to buy or sell on a daily basis if that's what I want to do."

That is correct waterloo, however, if you are dealing electronically online you simply CANNOT execute a bargain 2p below the ACTUAL Bid. The electronic bargain system simply won't let you.

If you put in an unqualified sale of 5,000 the system will offer you the bargain at the BEST market price (Stock exchange ethics).

If you put in a Fill or Kill at 132. The bargain will be filled at 134 or whatever is the ACTUAL best bid.

If you put in a limit the system will come up and tell you the price is below the price at which you can actually deal.

So these bargains must be done by telephone and nobody would tell their broker to sell at the worst price possible.

Or...the bargains are being done directly with a Market Maker. I don't know how, but there it is.

[shortarm] 05/5/2017 09:03

Reba, it's probably a number of people all jumping on the same band wagon now.....

[the charmer] 04/5/2017 19:54

Rougepierre.

Reading your recent posts on here regarding Trafigura and share price manipulation. It seems that you are micromanaging this company's share price to an obsession now.

I have never come across anyone who has posted so much to the levels that you have...and this makes me very suspicious indeed.

I am heavily invested here at a much higher level than you are keen to enlighten us and with a very good average share price I do not feel the need to come on here on a regular basis and keep hyping this or being colourful with theories or conspiracies! I can understand your enthusiasm, but there is a hint at times of overkill.

I trust that your intentions here are honourable.

[laurence llewelyn binliner] 04/5/2017 18:17

I've given up trying to make any sense of the Copper market waterloo01, there are so many unknowns, smoke/mirrors, strategies and anything China is not transparent or necessarily accurate either.. I leave it to the ICGS and their data tells us there is a shortage coming in 17/18/19.., so does our new 43-101 forecast.

ATYM are now risk off, scaled up, producing and spinning off $50-60M EBITDA P/A @ $2.50/$2.60 Copper .., we will capitalise on the supply vs demand as it unfolds over time.

Set it and forget it for me now I've got enough in hand here.. :o)

[waterloo01] 04/5/2017 18:05

Copper febrile. It will do the opposite next week post Macron win and announcement of Trump tax cuts. Interest rates going up is hardly an unknown!

However, dumping stocks onto the LME does strike me as part of wider copper manipulation, less the goings on in S Spain.

[laurence llewelyn binliner] 04/5/2017 17:49

I can't see our II's messing around with drip feeding the market 5K a day to try to manipulate the price, or keep a lid on it.., to accumulate enough shares to make a bid they would need to do a deal with 1 of the other II's off market..

It could be anyone, for any reason, just traders doing what traders do, sooner or later they will clear out and move on..

2 or 3 weeks to Q1 financials and we can predict FY2017 pretty accurately..
Any company making $15M a quarter EBITDA will start to get more valuable going forward as it accumulates cash, pays down any debts and picks up new projects.., sound familiar..? irrespective of the short term share price, but sooner or later value will emerge in the share price too..

[waterloo01] 04/5/2017 17:00

Husbod, unless the suggestion is is someone gaming the market the only thing that would be an issue for me in terms of regulation (not talking about it being irritating which it is) is if were based on keeping the price down in order to facilitate a takeover at a lower price. I know that's what's been suggested, I'm just not sure I buy that. The larger players have always acquired their stakes, out side of placings, in big chunks, mainly off market. If anyone wanted to take ATYM out, they would have to get the backing or buy the shares from ANO large holder and launch a bid.

If that's the case (and I doubt it) why risk 'manipulating' the share price lower by a few pence. How does that flush out a large (ie notifiable) holder?

Further if they were going to launch a bid, they would have done so by now and more likely when we were at 80p.

I think it's more likely T traders and small time shorters.

[waterloo01] 04/5/2017 16:22

Husbod, change broker! Most if not all are sets trades and done online so no broker would ever question my decision to buy or sell on a daily basis if that's what I want to do.

KAZ down 11% today. Is that also manipulation? If you are going to complain to the regulator, it really should be based on more than there is a daily seller (and daily buyers!)

[acamas] 04/5/2017 16:11

imo it is the 6th trade of the day 10k at 2p down on the bid that has started the skid. Somebody has a cunning plan that is for sure

[rougepierre] 04/5/2017 16:00

No reply yet husband...that usually means they are taking me seriously based on the past...last time I wrote to them about MMs manipulating the 'Quote', they engaged with T D Direct. I know because TD rang me with a plausible explanation...not...

Meanwhile more good news for KEFI....

hxxp://www.shareprophets.com/views/28864/more-good-news-from-ethiopia-for-kefi-still-a-buy

Cheers

Off out...

PS So how come the share price goes from me being able to sell 25,000 at 140.001 yesterday to a quote of 134/136 5% down...

Panic sellers again...BE PATIENT...if you had on YOU WILL MAKE MONEY!!!

AIMHO as usual...

[husbod] 04/5/2017 15:52

I am still in communication with the AIM authorities and have now asked for the contact details of the Head of Compliance as I am not getting a satisfactory response.

Have you had anything Rouge?

Anyone else e-mailed them? If not could I ask you to do so - presumably the more reports they get of these daily (or more often) sells of 5k at or below the bid price the more likely it is that they will take us seriously.

Incidentally, my broker has confirmed that they would not accept an order from me to drip feed a large holding into the market.

Hi Dyfi - when you aren't under Myfanwy are you still overlooking the Park?

[waterloo01] 04/5/2017 14:18

Given copper weakness it would be surprising if we didn't drop. As to conspiracy theories.....strange that they seem to be targeting all your Spanish mining plays. Maybe it's personal? lol

[shortarm] 04/5/2017 13:48

Not that much volume for such a big drop!?