Athol Gold Share Discussion Threads

[mrtrader3] 08/3/2011 23:02

ticking up nicely. offer now 1.2. buys going through at 1.17 today. with gold rising and ahg being a strong company this is a no brainer here

[mrtrader3] 07/3/2011 21:48

ahg's (listed on the aim, healthy volume) the share price has been rising very nicely over the last couple of weeks which is giving me a nice and constant increase of profit day by day. whereas ascot (listed on the plus market, not much volume) has been relatively flat for some time now, however I do buy on the dips. ahg is providing me with profit in short term and will do so mid to long term. ascot will do so once it joins aim, so why waste time? that's the reason why i've got a larger holding in ahg = more money to be made right now.

[wolstencroft] 07/3/2011 18:45

mrtrader: I can only assume that your real name is Tom W or you cannot do maths?

"I have a larger holding in AHG as I think the investment they have in Ascot, which is 5.16M @ 20p will give me the gain I'd prefer" seems to me to be the same as saying "I'd rather make less money than more".

The buying price of Ascot is not relevant, the latest NAV reflects the latest Ascot price.

[marab] 07/3/2011 14:08

SHARES IN ISSUE

On the 15th of December there were 371,764,866 shares in issue.

Major share holders are,

SF T1ps Smaller Companies Growth Fund holds 46,000,000 (12.37%)

SF T1ps Smaller Companies Gold Fund holds 62.229,999 (16.74%)

Jane Ketchum 40,505,729 (10.90%)

JS Investment Holdings Limited * 31,911,664 (8.58%)

Crosby Special Situations Fund Ltd 20,276,384 (5.4%)

[chrissh] 07/3/2011 13:53

Were JS Investments part of the old lot ?!

[mrtrader3] 04/3/2011 15:53

I do have a decent holding in Ascot on the Plus market :)

I have a larger holding in AHG as I think the investment they have in Ascot, which is 5.16M @ 20p will give me the gain I'd prefer. IMO great top up or entry level at moment in AHG.

[marab] 04/3/2011 11:42

mrtrader3 "Every 10p on ascot price gives athol 0.10p and this is where it gets interesting"
At current prices you can buy roughly 2 shares in Ascot for a £1 or 100AHG. If Ascot goes up 10p per share your Ascot shares are up (2x10p) 20%, and your AHG (100x0.1p) 10% less TW's 25% of any NAV increase. Buy Ascot directly and you make twice as much profit.

[mrtrader3] 28/2/2011 14:12

By reading in between the lines tom has a certain excitement
for athol and is determined to clear out the "rubbish" from the former
HRE staff! He also states clearly that the net asset value is moving
nicely north and higher than the last press release. By the time of the next NaV statement we will be looking at high level gains from the last one.They wont be at these prices for long.

[wolstencroft] 25/2/2011 09:38

no one bothers posting here for obvious reasons already stated. Your questions have already been answered.

[3ntrepreneur] 21/2/2011 14:03

what are the trades looking like

i see alot of 1mill 1.2mill are they mainly buy

would you say the share price is fair value?

what short term. medium term shareprice are you expecting?

[edwardsj] 21/2/2011 14:00

Im here. I think its ok but these lot just moan.

[3ntrepreneur] 21/2/2011 13:41

where is everyone?

what do you all think this is worth?

todays rns is good

[marab] 18/2/2011 16:25

bearbulls, click on the link just under the view counter in the header.

[argy2] 18/2/2011 16:20

Ascot down today I see.

[bearbulls] 18/2/2011 16:11

Can someone let me have the symbol for the plus market. thanks

[marab] 18/2/2011 09:32

The last placing at 0.83p was actually above the NAV of 0.6p, although the share price was well over 1p at the time. Bear in mind that TW earns 25% of the increase in NAV so he would get 25% of the amount the new funding raised the NAV by. Updates tend to be details of the next fund raising but there will be a NAV figure published every 3 Months. Next one due about the 26th of April.

The Board of Athol Gold, the gold and precious metals focused investment company, is pleased to announce, following further demand from institutional investors, that it has raised an additional GBP739,875, before expenses. Of the total amount raised, GBP589,875 is being raised by way of a placing of 71,069,277 new ordinary shares of 0.25p at a price of 0.83p pence per share ("Placing Price"), and GBP150,000 is being raised via the issuance of new convertible loan notes (the "Loan Notes"). The Loan Notes do not carry a coupon, are redeemable in December 2012 and are convertible at any time, at the discretion of the note holder, into new ordinary shares at 0.83p per share ("Conversion Price"). On full conversion of the Loan Notes, the note holder would receive 18,072,289 new ordinary shares of 0.25p in the Company.

The Placing and Conversion Prices represent a 35 per cent. premium to the Company's unadjusted* net asset value ("NAV") of 0.617p a share - as announced on 26 January 2011 (*unadjusted for the subsequent issuance of shares relating to performance fees).

[3ntrepreneur] 18/2/2011 09:10

how much in total did they raise.

thanks for thank, just seems weird as its the only company i have seen with a disclaimer whilst emailing the BOD, its somthing that stands out and seems a little off.

are they fully funded from next week? is that when we expect a update, when might we here somthing

[marab] 18/2/2011 08:46

3ntrepreneur, other than the Ascot holding there are no figures as to how much of what, AHG is invested in. In addition to that there is no guarantee that the Ascot holding is the same either. The old expression buying a pig in a poke springs to mind. I think you can safely ignore the disclaimer (in my opinion) because no AIM quoted company should give out price sensitive information to selected investors, and all knowledge of that type is to be shared with the market through an RNS, so they would in fact be in breach of the regs by doing so. Just to make sure, you can type in something to the effect that you are emailing on behalf of yourself and other investors an will be sharing your reply with them on the BB.

To summarise, buying into AHG is buying into a company with unknown investments and paying a large premium for the pleasure, with fundings being carried out at levels far below the current share price. The only unknown is whether the company will be sold off to someone else when the share price falls to nearer NAV, which could put the price back up again.

[3ntrepreneur] 18/2/2011 00:20

seems very strange

[3ntrepreneur] 18/2/2011 00:20

how come when emailing the company they have a disclaimer you cannot share the info