Bisichi Share Discussion Threads

[topvest] 22/4/2008 21:54

All going very well here.

[borchardt] 22/4/2008 19:59

Good statement today but not much detail - anyone seen anything about production targets?

[azalea] 22/4/2008 08:25

Excellent news. Much lower production cost(open cast mining) and much higher revenues from high quality thermal coal sales.

[wassapper] 22/4/2008 08:07

good news today - open cast mining started, first sales June.

[sporazene2] 02/4/2008 07:37

director buying yesterday, wouldn't be surprised if there is more

[topvest] 31/3/2008 21:14

It's about time LAS distributed their shares though, and maybe buy the property portfolio. One group is property, the other is coal. They would do better valuation wise if they just made the change.

[topvest] 31/3/2008 21:12

Still looking very good here. Lets hope that they can finalise another coal acquisition in 2008. I think these guys are very cautious; any deal will be good value if they clinch one!

[sporazene2] 31/3/2008 15:30

agreed coming year does look good, although the 2nd half wasn't as goos as expected, despite the 12% increase in july. Must admit I was expecting the worst when i read the results this morning as the writedown effectively reduces the NAV and had a material impact on the profit

[azalea] 31/3/2008 14:23

With cheaper open cast mining to commence shortly at Wattle colliery and increased coal prices kicking in this year, BISI should make strong headway this year. Div up 20%!

[sporazene2] 29/3/2008 08:54

interesting trades at the close yesterday http://www.londonstockexchange.com/en-gb/pricesnews/prices/system/detailedprices.htm?sym=GB0001012045GBGBXSEQ10101204BISI would have thought would have moved the price ordinarily give the low volumes, perhaps this is someone freeing up some stock for demand, buying on expection of the results, or of course getting rid

[sporazene2] 27/3/2008 18:51

very good point; although i think the market is judging on pure fundamentals right now and the reserves won't matter until they are moving into the top and bottom line, in my view. Wouldn't be surprised to see a sale, idea to london and associated, of the property portfolio to finance growth. It's non core and cash balances are not high enough to fund a step change in growth.

[bisiboy] 27/3/2008 18:27

the most important thing is extra reserves with these we will be off to the races but i am not optomistic on that front. profits will be substantialy higher i am sure but the former is far more important.

[sporazene2] 27/3/2008 13:40

results will be out on Monday, with an after tax profit of 1.5 in H1 and a 12% increase in the price achieve in July I think we can be fairly sure that the after tax profit for the year will be higher than last year. I guess it a question of how much.

[sammu] 26/3/2008 19:15

This is very illiquid and trading volumes are very low so the price can be erratic, but what is going on in coal at the moment has not been reflected in the share price hardly at all. Hopefully results will help a bit.

[azalea] 22/3/2008 12:20

In the current absence of any news, the fall in the share price is somewhat baffling, perhaps all might be revealed in the FY results. If there are no skeletons and the results are as good a H1, then we should see at least a 10% jump in the sp, with everything to play for given the big price hikes acheived by BISI for its coal in 2008/9

[sporazene2] 22/3/2008 11:56

do you know where to find data on the historic price of coal? If we achieved 12% increase on price achieved in July, I wondering how it faired for the rest of the year

[wassapper] 18/3/2008 22:30

Not sure but finals last year were 27 March. I can't believe the share price is dropping with coal price rising. Maybe people think the price is locked in until next year, but I think more to come this year.

[sporazene2] 18/3/2008 15:23

please can someone confirm if they have released a date when the final results will be out? thanks

[sammu] 03/3/2008 00:14

I was trying to work out the impact of the weakness of the Rand. I think the net effect is positive as costs will partly be in Rand, but the majority of revenue will be dollar based. I don't know if domestic sales prices are dollar linked or not?

[bisiboy] 29/2/2008 18:32

they no nothing they are probabley short of stock and are trying to get some shares you try buying any in quantity and watch them run

[topvest] 25/2/2008 21:44

This baby is flying!

[azalea] 25/2/2008 08:36

Added 1k @ 315p

[azalea] 24/2/2008 09:43

Well, the 10k buy @ 310p posted after the close certainly broke the mould in buying volumes of late. For that kind of money I would be looking for 350p+ on the offer before very long!

[azalea] 22/2/2008 16:12

Sammu Thank you, an interesting insight. I have heard of Plus markets but that is all. If the share price has moved on today accumulative volume it still reflects how sensitive the share price is to modest buying. I agree the share price has some way to go before reaching fair value on existing prospects! Looking very good!