Coal of Africa Share Discussion Threads

[ntbb] 08/1/2014 08:33

Demand for coal will pick up

[jotoha2] 07/1/2014 20:33

Good day for coal stocks , onwards and upwards !

[noddy31] 04/1/2014 16:59

Too much proven quality reserves for the chinese to allow this to rollover and die.

Likely that they will come up with a rescue offer of around 15-20p.

Too many tired LTH will want out even though CZA in the right hands is worth £1+

[jotoha2] 04/1/2014 12:16

Certainly , the potential is massive, boys from the east will surely come up with the cash ,as and when its required !

[johncraven] 04/1/2014 11:15

This looks as though it has finally turned and massive gains to come

[jotoha2] 03/1/2014 14:06

Have it on good authority that Investec and M&G are hanging in for the long term , so Haohua will need to find 50+ million to attempt a takeout , that is not likely at these prices , so we are now in a win win situation here , very safe up to 20p

[sawadee3] 03/1/2014 13:39

Why bother with such stock???

I can only speak for myself but i'm here to make money. Currently 14.6% up.

Happy days chaps :-)

[jotoha2] 03/1/2014 13:05

arja , your quality stocks have been uptrending for the last 18 months, a correction will follow within 3 months , the dogs have not yet had their day in the sun!

[arja] 03/1/2014 10:59

I had this stock ages ago and cut my losses ! I see it is still drifting down and presumably will not survive although it has turned up a little from 6 level ! Why bother with such stocks when any number of quality high cap stocks with lovely looking uptrending charts !

[jotoha2] 03/1/2014 09:38

very happy to sell @60p

[rojer108] 03/1/2014 08:57

No. They would move the price up to get you to sell you doughnut.

[jotoha2] 03/1/2014 08:56

Buy and hold till it hits 60p

[abergele] 03/1/2014 08:24

More bought and the m/m's have us down...
how do they constantly get away with this?

Is there a buy order in from the Chinese,and they constantly are shaking
to get us to sell?

[noddy31] 03/1/2014 00:12

Chinese paid 25p for 320m shares 1 year ago.

They are one of the biggest coal importers in China.

Q. Are they stupid???

Q. Will they allow their investment to disappear?

Oct 12
Coal of Africa (CoAL) has secured a $100 million injection from Beijing Haohua Energy Resources, in a move to fast-track CoAL projects and forge ties with the world's largest coal market.

Haohua Energy International (HEI) – a unit of the Shanghai listed Beijing Haohua Energy Resources – made the equity offer to CoAL in the Chinese company's first ever investment outside of China. The deal will see HEI take a 23.6 percent stake in the South African mining outfit.

[rojer108] 02/1/2014 22:38

Why did investors buy at such a high price?

[jotoha2] 02/1/2014 13:56

29% required then a formal bid has to take place !

[noddy31] 02/1/2014 12:05

This does not look like a buyers spike.

It smells of a stake building. Why?

Chinese already own 26%.

I bet they are looking at their investment and thinking, what a Shambles of a management.

They are chomping to takeover and properly exploit the billions of tonnes of coking coal

[abergele] 02/1/2014 08:26

Well they have moved the share price now,
only to be expected with all those buys for the last few days...lets hope we keep the momentum going the right way now....gla.

It was 15,but now 12 on the leaders board..........

[rojer108] 31/12/2013 21:38

This is a good buy at 1p. Less risk.

[rojer108] 31/12/2013 20:13

They were not buys clearly, otherwise the share price would've gone up. Lol

[abergele] 31/12/2013 12:49

More buys than sells at the end of the day, but still down,
I believe about 470k of blues are sells...and should have been red.

Better luck next year chaps...A Happy New Year to all.

[abergele] 31/12/2013 12:28

Tb,
quite right,
why are the m/m's fxxxg this share about,
weeks ago a flood of buys for 20 mins,millions and we never moved,
now today a lot more blues,buys go through now and we drop, I am fully
aware they tree shake,as is their job.
Are we sure the blue 100k @ 5.75p are buys when we are seeing pure buys at 5.8p??