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CICR Cic Mining

4.75
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cic Mining LSE:CICR London Ordinary Share CA1254561030 COM SHS NPV (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 4.75 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 4.75 GBX

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Date Time Title Posts
31/10/201310:47CIC Mining Resources- 20105,430

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Posted at 02/6/2013 17:15 by share_shark
Courtesy of sense2 on LSE.


Re SPToday 12:28Lastly following those thoughts on the share price please please DYOR you would not generally buy your much needed family car with out checking it over first so DYOR most of all keep checking the web site till you know it backwards and are then able to spot any small but perhaps significant changes that may well come and go. sence2
Posts: 1,723
Observation
Opinion: No Opinion
Price: 4.75
Sp Today 12:22No results with the company name change so back to my thinking of the results being released in 4 to 8 weeks,put another way I have not got a clue, but that time period seems logical.
So its probable we will not see a lot of movement in the sp,our major seller appears to have sold up and cleared off for the time being on a bike ride.as he has not shown up in the few past weeks,

it is noticeable that trades are very few and far between,so is everybody waiting with anticipation,on the results coming out if they are as good as I think we can expect some selling,but how much selling? Perhaps that will be dependant on how the company forecasts its next quarter allied with views on its performance. Which may mean few shares are for disposal in the anticipation of great on coming gains.over a short period of 24 months plus or so.Don't forget we will get what i call the T10/20 traders who may be in it for the short term profits so in that way we will see a number of what I would call short term profit sales.Good luck to them

What is puzzling is how the share price will react and continue to react results after the results are known.

This situation is different from most other small cap AIM stocks in that we are adding real 'value that can be seen as booked assets with real easily cashable values,that makes a difference from having assets valued that need a specialist operation to dispose of them,such as a JV etc. not only that but we are not a consumer operation selling only one type product to its one type specific markets,gas to gas, oil to oil, etc.,What we are doing is taking high value holdings in a number of different specialist companies that each serve their market segments and we have nothing to do,but take our share of the profits.
So in a way our product covers all markets world wide,all we do is sit and say thank you very much as their tills ring out and we get our share; A totally on going situation..

For the above reasons it's not possible to predict an share price pattern, it will rise especially if we get good press coverage,the puzzle is : will profit taking cause a spike or will the share price slowly drive forward in a generally continuous fashion,after a spike based on the companies ability to meet its forecast and its results.

Highly speculative:bear in mind we have yet to see the IPOs they must be almost ready to go so perhaps the results are slightly delayed as with them may come news of a fully successful IPO launch.

Each time these things are talked about we tend to forget the engines of the company are working flat out to achieve all its stated on going work load targets, at the same time its noted it's working on all the IPOs not just a few of them at a time.

Now there has to be taken into consideration any failure of a company target,I more or less write that out of any equation except its use as a learning curve as there are at least 26 other IPOs being dealt with and the companies previous successful placing history.
Posted at 22/5/2013 08:28 by share_shark
Courtesy and extract of/from 7bore and the calculations he made in JUNE 2012 ,


Tianjin Energy

This company is a real biggie.

Trading Update
11 Apr 12


Tianjin Energy Group Limited ("Tianjin")

Under the terms of its advisory agreement CIC is due to be issued with up to 6% of the enlarged equity of Tianjin on its IPO. Tianjin, an oil import/export company had turnover in 2011 of RMB 11.2billion and profits of approximately RMB260m.

The company has recently been awarded oil port terminal and bunkering rights in China which the Directors believe to be the only private enterprise in China to be granted an oil terminal licence.

CIC is providing restructuring and capital raising strategies to allow Tianjin to list on a prescribed exchange to raise the capital for the building of oil terminal and bunkering at which point it will have earned its Interest.
-------------------------------------------------------------------------------------

There are 2 things that everyone missed from this:

1.....Nobody bothered converted the Chinese RMB to GBP !
CICR are due "up to 6%" of Tianjin Energy, who had "turnover in 2011 of RMB 11.2billion (�1.1 billion) and profits of approximately RMB260m (�25.4m)."

2....Nobody bothered looking at the Tianjin Energy website!
Its a huge Chinese company with lots of project areas including Oil & Gas exploration.

This means that CICR would get "up to 6%" of 3 Nigerian oilfields with 125m barrels of RECOVERABLE oil !:


Tianjin Energy Resources Limited owns:
34% (up to 2.04% to CICR) interest in Asaramatoru Marginal Field (OML 11).26m barrels recoverable oil (Investment of $60m)
35% (up to 2.10% to CICR) interest in KE Marginal Field (OML 55). 26m barrels recoverable oil
50% (up to 3.00% to CICR) interest in OPL 240 in Nigeria.73m barrels recoverable oil (Investment of $200m)

It works out that CICR's "up to 6%" stake would give them between 2-3% of this total.

Use your figures. Doesn't matter what you use. When this large Chinese Resource company IPO's, CICR will own "up to 6%" of it so will own "up to 6%" of a �1 billion turnover company who also own large stakes in 3 Nigerian oilfields with 125 million barrels of recoverable oil .
Posted at 21/5/2013 17:34 by mikes5557
You and I have a totally different perspective on CIC and how its value is achieved.

I look at what is and from the what is decide for myself what the probable outcomes will be.

There is no denying that CIC have far more asset value in the company than has been booked.

It also has earnings value.

There is no denying the company has not got time to stand still.

There is no denying it has booked assets

There is no denying the share price is way under valued.

The company does its job and is continuously earning so much so I expect the EPS to be vastly improved as I also expect the asset base to be vastly improved.

The reasoning is obvious,in fact it's also obvious to you, you want a number more shares.

Buy them at the existing market price,a million can be acquired probably at an average closing 5p or above,thats only 50G, it's the only way to get them for if you leave it much longer and you won't be able to do that at the existing price.

I can't see you getting them any other way.

Like I said you shot yourself a number of times in a probable attempt to get the price down,

As said before stupidity is a privilege available to us all,one of us is taking it too far and the proof will show it ain't me.

I will call the share price to at least the 10p mark but from there I just do not know and the 20p/30p is entirely possible if not a damn sight more.
Posted at 11/5/2013 18:15 by moz8
Horizonte Minerals - Significant Undervaluation - HZM
kitten25 - 11 May 2013 - 18:12:37 - 3052 of 3053

Check CICR results due price will lift
New name, New future - HWDN
kitten25 - 11 May 2013 - 18:11:25 - 636 of 637

Check CICR results due price will lift
Healthcare locums - plugging specialist health staff shortages - HLO
kitten25 - 11 May 2013 - 18:10:36 - 1962 of 1963

Check CICR results due price will lift
Helphire Group - 2012 - Optimism Returns - HHR
kitten25 - 11 May 2013 - 18:09:20 - 3192 of 3193


Check CICR results due price will lift
Getech-does anybody care? - GTC
kitten25 - 11 May 2013 - 18:08:01 - 840 of 841


Check CICR results due price will lift
Galleon Holdings 2011 - Returning From Refit ! - GON
kitten25 - 11 May 2013 - 18:04:34 - 17196 of 17197

Check CICR results due price will lift
GEONG : new IPO going for a song - GNG
kitten25 - 11 May 2013 - 18:03:27 - 21071 of 21072

Check CICR results due price will lift
Glaxosmithkline - The recovery - GSK
kitten25 - 11 May 2013 - 18:02:28 - 8148 of 8149
Check CICR results due price will lift
GKN 2009 onwards - a great recovery play - GKN
kitten25 - 11 May 2013 - 18:01:21 - 1830 of 1831

Check CICR results due price will lift
Gresham Computing progress towards greatest returns in Group's history - GHT
kitten25 - 11 May 2013 - 18:00:20 - 4971 of 4972

Check CICR results due price will lift
Posted at 11/5/2013 18:14 by moz8
Fluormin plc - digging fluorspar NOW ! - FLOR
kitten25 - 11 May 2013 - 17:57:55 - 1101 of 1102

Check CICR results due price will lift
Ferrum Crescent - targetting 6bn tonnes Fe in Tete? ISAable - FCR
kitten25 - 11 May 2013 - 17:56:41 - 1908 of 1909

Check CICR results due price will lift
Eurasian Natural Resources Corporation - ENRC
kitten25 - 11 May 2013 - 17:55:45 - 1201 of 1202

Check CICR results due price will lift
RIGHT TIME TO BUY Eckoh Technologies DON'T MISS OUT?. - ECK
kitten25 - 11 May 2013 - 17:53:51 - 6862 of 6863

Check CICR results due price will lift
Electrum Resources plc - ECR
kitten25 - 11 May 2013 - 17:52:59 - 4503 of 4504

Check CICR results due price will lift
Eco Animal Health Group: Early dewormer gets OK - EAH
kitten25 - 11 May 2013 - 17:51:51 - 402 of 403

Check CICR results due price will lift
Diageo - Global Distiller - DGE
kitten25 - 11 May 2013 - 17:50:27 - 401 of 402

Check CICR results due price will lift
CPPGroup Plc - CPP
kitten25 - 11 May 2013 - 17:49:20 - 766 of 767

Check CICR results due price will lift
AIM , Level Market , Shady Casino , or Outright con trick ? - AIM
kitten25 - 11 May 2013 - 17:48:24 - 18 of 19

Check CICR results due price will lift
COLT, better times ahead. - COLT
kitten25 - 11 May 2013 - 17:47:26 - 5157 of 5158


Check CICR results due price will lift
Posted at 11/5/2013 15:46 by share_shark
Courtesy of sense2 on LSE.

Thoughts.Today 10:40There will always be day traders who watch the boards for any news of potential and will dive in and out making losses and profits,they do not really affect the share price unless numbers of them are involved and if that is the case what happens is the stock spikes as we have seen in the past,for the nervous take advantage,for the patient hold and await the rewards.

Thanks for the chuckle AJ.

UP and his charts, his solid belief in them can be added to with ones own criteria,for instance I chart all of CICs actions and announcements this has nothing to do with the share price but allows a reasonable addition to my thinking of company progress which in turn means being able to forecast share price potential.That does not mean accurate prediction of spikes or dips BUT it does mean I can take advantage of the them.

What the charts do for UP is give him a daily view but to use the expressions pump and dump on a daily basis seems a wast of energy and belies his belief in the charts?

My single forecast for this stock is that it will progress forward over time far enough to leave penny share status way behind.

One of the very minor bits of information of instance that is added in, is the COE's ambition for the company, Its very clear within a reachable time frame of several years he intends this company to rise above the AIm and head for the 350/250/100,now as far as I am concerned: to even move forward in that direction has to be beneficial for the share price

Few people realise the potential that is allied to the work CIC is doing or the size of some of the companies it is dealing with.

There are only some 166 mill., shares in issue , call it,200mill., The free float is relatively small but has any body realised why that is? Its because those working alongside the company,brokers fund holders etc., can all see the potential through their own research teams and they want to hold the stock to release to private wealth individuals who do not let go as they view the stock long term.

BU: There will be a dividend of that I am sure and it will be hopefully around 4% of holdings if registered by a certain date which was what that RNS was indirectly all about.

Swinger if I was in your position i would not sell out this time; I would top slice leaving healthy balance for future growth.

My belief is that the earnings per share will surprise us all as will the declared/indicative asset value that we will see when the results and quarterly review are published.

So I and others are regularly adding to our holdings,on a daily basis
Posted at 25/4/2013 12:23 by ultrapunch
"hulk2004
25 Apr'13 - 11:43 - 4948 of 4950

But why sell at 4p if company is worth 20p?"

I'd say because they obviously don't believe it to be worth 20p at this moment in time. Just because you believe it to be currently worth 20p doesn't mean others share your view. Whether they are right to sell now only time will tell.

Neither you, nor I, possess a crystal ball so who knows what the CICR share price will be in a few months time?
Posted at 23/4/2013 08:17 by share_shark
Despite the fact that we have negativity on this bb regarding the company, I just cannot get over the fact that I am now a very rich lady with my investment here, since I invested in the company at well below a 1p.

The share price is still 288% above its share price a year ago.

It is a life changing situation for me and I hope several others are in the same position.

The FACTS are these.

We have moved on and the share price has risen well.

I have beaten the banks with my 4% div to come which is double what the share price was(2p) when it was declared.

The NAV is quite incredible having increased exponentially over the past year.

I am so looking forward to the Finals and even more so Q1. If the share price at the time we receive the divi, is higher than it is now, then that is a bonus I welcome and am sure many others will do too.
Posted at 16/4/2013 00:52 by mikes5557
Kitten25 Not easy to answer but if we take property as a comparison then we might take up to a 40% discount as being reasonable for the existing assets declared even though they are not all "gold".BUT at what value do you take the assets?

There is a fall off in the gold price as has been pointed out by: ULTRPUNCH,that does not look like ending yet: so some think it a little scary what they perhaps forget is that heap leaching is far faster,easier and way more cost effective than hard rock mining.Once leached out then CICR has the hard rock mining assset value to dispose of-meaning a double fund production.

The fall off in Gold values may be reversed if the Portuguese decide to default on their dept and the Euro goes into turmoil.

Also as GENISES has pointed out CICR has bought gold producing equipment,they did not buy it to store so its reasonable to assume it is being set up and producing if not producing then close to it.

Our declared asset base is minuscule compared with what the actual value of all the potential IPOs when they are put together.It is not reflected in the share price in any way shape or form.

As for earnings capacity per share at the moment its possible to make an intelligent guess as the last news update gives every indication that there will be an increase of some size-bear in mind that only 10% of the IPO money has been accounted for so where is the other 90% it is safe to assume that and other monies mentioned will probably booked to earnings,this quarter.

Then we have a million or so from DMG;Ball park figures around maybe 10 million sterling that equates to the existing Sp of 5p (take it 200mill.shares in issue) what we then have to take into account is the prospect of a further dividend probably similar to last year around 4%(well worth having) then we have a means of valuing the stock other than against assets

So all in all the current share price is laughable expect it to firmly double.

Most are in here for the long term as assuming the company delivers the share price may well react strongly going forwards.

Please read previous posts if you disagree not a problem.
Posted at 10/4/2013 08:44 by share_shark
Answer for goulding from sense2 on Lse regarding the dividend.

Dividend.Tue 09:53Apologies SS a little late in coming back;
Forecasting the next dividend is difficult as we have only the first one to model on.That was at 4% of holdings registered by a fixed date given as B class non voting shares to be exchanged for A class shares which can be disposed of at the prevailing price one year from last Julys declaration.

In essence when the dividend was declared the share price was in the region of 2p now its in the region 5p that is a 150% uplift in the dividend if it was collectable now.

Forecasting the value of the dividend at date of collection:-value will depend on news flow and the perceived investment reception value of the flow(results) . My belief as described before is the results will be a marker in the companies history by giving a more defining means of valuation through an expected eps which will allow the markets to value the company rather than just on assets alone.If that is the case then an exciting reaction may happen in that share price will gather momentum and tick forward out of the low penny share sector.So adding those if, buts and maybes up we can look forward to a dividend in the region 8pps + or - I do not expect those who sell their dividend share to cause the share price to have any reaction.

With regard to forecast new dividend issued to registered holders of the stock expect it to react in a similar way over the next year but in a far more substantive manner.

Also we should begin to expect brokerage recommendations and IC reviews coming through which will add interest.
Cic Mining share price data is direct from the London Stock Exchange

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