ATH Resources Share Discussion Threads

[spaceparallax] 08/10/2010 08:44

Thanks Nick, would have expected most to be able to interpret

[nickperry68] 08/10/2010 08:20

@divinausa1
SP - Seymour Pearce (Their Broker)
TP – The Target Price (That Seymour Pearce have set for ATH)

[chrisdgb] 08/10/2010 07:10

Evolution raised rating this morning to Add with 65p target..

[loafofbread] 08/10/2010 07:06

Broker and target price

[divinausa1] 08/10/2010 04:37

no big sell off here yesterday and no reason too, these were silly cheap before and still now and with prospects brighter.

PE for 2011?

[divinausa1] 07/10/2010 23:30

what is share price and TP?

[spaceparallax] 07/10/2010 16:43

I see that share price have reiterated their TP.

[cnx] 07/10/2010 13:33

i will not be surprised if there is a bid

watch out for the names of previous directors being involved. they should know the business and got the regeneration company for a song.
when is that business to be paid for?

[cnx] 07/10/2010 13:29

why worry about the meetings with institutions?
what we little people need id a proper business plan regularly updated
bad weather was in jan/feb 2010 .the year end is october! ouch!

[chrisdgb] 07/10/2010 13:10

Update meetings with the large holders, I was hoping they might get in front of some new institutions..

[chrisdgb] 07/10/2010 11:25

Yes some Director buying would be appreciated...

Also let us hope institutions taking a fresh view like the look of the future, management are doing meetings..

[gfrae] 07/10/2010 09:44

Now we know why ex boss sold,at least F.D. didn't have the gall to follow suit.

[loafofbread] 07/10/2010 08:44

Sells at 51.7 max 25k, buys 52.3 max 10k.

Lets hope the new bloke puts his hand in his pocket for a worthwhile amount.

If it was all bad they would have cancelled the divi like last time. At least they have some confidence in their forcasts!

Anyone know how much production is owed on these legacy contracts?

I don't think Tom comes out of this smelling of roses. Anyone remember is massive sale a few weeks back?

About time the new board thought about their share holders for once.

[chrisdgb] 07/10/2010 08:30

Adverse winter means that when wet/snow not easy to open cast operate...

Coal I am afraid is still crucial to the UK the next contracts will see vastly improved prices and massive operational gearing to the upside..

Reserves are not an issue and generally get upgraded..

I have topped up at 52.3p..

It is vulnerable to a takeover..

[pugugly] 07/10/2010 08:27

space:> Been having a look but cannot see a reason to buy - Reserves are approx 4 years of production - where do they go when they are all used up?

Also forecast dividends by house broker (if I read correctly) are only 6.3/6.5/6.5 for 2010 to 2012. Other houses are lower. Initial yield could be seen to support the price but what happens when reserves run out?

OK I know onerous contracts will start expiring in the next 18 months but coal fired stations are being phased out under EU regulations. I am confused.

[spaceparallax] 07/10/2010 08:18

A very mixed report. Long term seems fine, but the write down does significantly impact current figures. The greatest mystery to me is how the adverse winter impacted sales - I would have expected it to simply increase sales from an established stockpile.

I feel that the share price dip is an over-reaction, but the danger here is that stop-losses might be triggered, taking us below 50p even.

[pugugly] 07/10/2010 08:11

Looking at trades I speculate that all those "sells" are buys and MM's have a massive institution sell to clear . Any views ?

[loafofbread] 07/10/2010 06:39

Oh well.

Bad bits and good bits.

Lets guess which ones will win the day?

[chrisdgb] 07/10/2010 06:29

But reserves at all time high/production recovering/prices rising/new contracts to be signed..

The only negative for some maybe the dividend but that is only reduced to fund development..

Still a big supporter of the company..

Excellent value remains..

[labatie] 07/10/2010 06:12

Loaf

After this, I'd bite Hargreaves' hands off.

[chrisdgb] 06/10/2010 14:45

Yes I agree the whole lot could be tidied up including SRG and Palmaris....what happened to that float>
??

[loafofbread] 06/10/2010 12:41

Why Hargreves or someone else don't make a move on us is beyond me.

Hargreves could use their inflated share price in a all share bid, no question about it.

[chrisdgb] 06/10/2010 11:29

It has been mildly baffling whilst all other resource stocks have gone through the roof, we have gone the other way...hopefully patience will pay..

[chrisdgb] 06/10/2010 08:24

Indeed, let us hope the trading update is suitably upbeat to clear the way over 70p..