Bisichi Share Discussion Threads

[hectorp] 08/11/2008 19:59

IS this dear or cheap ? I like Coals Of Africa ( forward p/e 1 for 2010 ).

[bisiboy] 08/11/2008 17:09

still holding am desperatly waiting for peguses

[skyracer] 07/11/2008 10:50

While RB coal prices have come back from the extremes of the summmer they are still very high indeed. Steady today at $105. BISI will still be shovelling in the cash at this level. When I first invested in BISI in 2003 the RB coal price was around $26 and the company was profitable even then.

[sammu] 08/10/2008 20:58

You may have found them already, but I use these:
RB and Rotterdam the two contracts at the bottom of the list, the daily charts are useful:



US:


Obviously the various different prices don't relate directly to the product bisi is selling. Various different grades, met/thermal, domestic/export etc.

Still a useful guide.

[skyracer] 18/9/2008 14:24

Hi Sammu. I use globalcoal which last Friday was showing $152. Where do you get information more recent than that? (Ahhhhh, crystalball, now $146)

[sammu] 17/9/2008 00:16

Thanks for the info bb, I don't suppose you have the note available?
Coal has started to come off the extreme highs now, RB Coal showing $130.

[bisiboy] 16/9/2008 13:47

numis have £5.00 target price on this with upside if pegasus resolved

[skyracer] 04/9/2008 20:10

Stew, its the market, nothing to do with BISI. There are loads of other stocks behaving in an equally bizarre way. RBS thermal coal still very strong at $161.

[stewacg] 04/9/2008 18:39

I never understand this stock. Recently they announced that they have made more profit in July alone than in the entire previous 6 months (therefore probably c £1m), having made stunning progress with forward contracted coal prices accompanied by their highest ever output. Yet today the shareprice goes down by 8.8% in a day on almost no turnover! Sometimes investing seems a laughable business.

Still more opportunities to average down before the next set of results I suppose, praying that they don't get bought out on the cheap in the meantime.

[wassapper] 07/7/2008 17:13

azalea - you not heard that coal prices dropped 10% last week ... panic ensued. Nobody noticed they are still up over 100% this year.

[azalea] 06/7/2008 17:35

The only reason I could offer to explain the recent drop is the effect of the credit crunch on its property assets.

[myopia] 06/7/2008 12:23

not really bisiboy - i was just astounded they had risen so far after my selling them - i'm not going to buy back so soon at the price i sold them at.

[bisiboy] 04/7/2008 09:07

myopia- opp to get backin !!!

[topvest] 03/7/2008 21:35

Blimey- these have been hammered in the last few days!

[topvest] 23/6/2008 21:31

Well coal shares have really suprised over the last few months. Bought these at about 30-40p, so 10-bagged now. Very nice!

[myopia] 23/6/2008 19:33

typical isn't it. had held them for years, thought the latest results were uninspiring, was depressed about the property market, so sold on results day a few weeks agao for around 270p. Now look at them!!!! And all my other shares are in the mire. Makes you kind of totally disenchanted with everything.

[speed camera] 23/6/2008 14:37

Some redress taking place at last

[bisiboy] 22/6/2008 18:13

share mag tip on friday could be responsible for the rise
target price 800p

[topvest] 22/6/2008 18:05

Now is the time for Bisichi to do a deal imho. They have been researching for quite some time. Come on Bisichi, lets take a big step forward!

[bisiboy] 21/6/2008 10:41

yes but it has very small reserves at present but could soar if it can aquire
more.

recent numis research suggests eps of 100p next year which puts them on a p/e of 4.
has anyone seen the research note?

[speed camera] 21/6/2008 10:33

BISI is seriously underperforming other coal stocks ... full quote and pays a dividend as well, versus AIM quoted GCM CZA CLN WTN

[bisiboy] 17/6/2008 13:34

apart from coal what are the similarities

[skyracer] 17/6/2008 11:45

What is happening at GCM is not irrelevant to BISI.

[wassapper] 28/5/2008 08:27

Well the market does not agree with you Tam. Not at present.