Conti.Coal Share Discussion Threads

[queenwood] 13/11/2013 14:20

just showa your depth of understanding reguarding investing long term.please dont worry on my behalf :0)

[billybollocks] 13/11/2013 12:50

The bottom drawer continues to get fuller. Lock it and throw away the key as far as this co is concerned.

[justanothergoodinvestor] 13/11/2013 10:10

queenwood 11 Nov'13 - 23:13 - 4198 of 4201 0 0

totaly agree its all a matter of time and if youre prepared to wait. ime waiting .:0)

A matter of time before this goes bust? hehehehehe

[billybollocks] 12/11/2013 17:43

Oh dear........not so COOL.

[queenwood] 11/11/2013 23:13

totaly agree its all a matter of time and if youre prepared to wait. ime waiting .:0)

[loverat] 11/11/2013 18:53

Yep. Of course you are right. The share price has fallen too far but they always do on this market. The thing is alot of AIM stocks move up when least expected and when everyone has thrown in the towel. Therefore anything can happen.

[troutisout] 11/11/2013 18:48

The ASX trades from last night showed 2x 15k sells and then soon after midnight a total of 1m shares were sold, these trades started the drop and then we saw buying and a few sells, overall the 1m sale was nearly covered.
Over here the sellers have been trying to get out, I am not sure what the MMs are playing at but at times the online sell limit has been just 5k shares, most of the sells today have gone in below the quoted bid. If they don't want to bid for shares they should change their quote and lower their bid.

AGM in 10 days time, we should hear more by then.

Listening to the latest video, it sounds like they feel they have some investors lined up to cover the convertibles, I assume VMR will want to protect their position.

I still think the share price may be over pessimistic, getting the refinancing will be good, I think it could surprise to the upside when we get the confirmation.

Trout.

[loverat] 11/11/2013 18:41

I think quite a few people bought on the RNS which indicated they had received offers for some of their assets. Things looked much more positive then. It is a shocking collapse which will probably continue.

Can someone tell me what the current market cap is? The figure in the header is still wrong I think.

P.S - I would not listen to Stockologist. He is underwater in alot of his stocks. He offered no decent insight when he was deramping these and besides most of his calls have been hopelessly wrong so no point beating yourself up about ignoring him. Usually him posting is a sign a share will shoot up.

[c31161] 11/11/2013 17:04

Read billy ans stockologist past posts on here and on other stocks, need I say more, neither own any of these

[billybollocks] 11/11/2013 16:42

Shocking collapse from early on this year.

[billybollocks] 11/11/2013 15:00

Bottom drawers must be getting pretty full by now!

[stockologist] 11/11/2013 14:51

Many of the feeble minded ones bought on the January spike !

I think it went to 7-8p intraday

They won't admit it but some of them have been averaging down all the way

Should get totally wiped out soon enough at this rate

[billybollocks] 11/11/2013 14:48

Reckon a lot of holders here were in at an average of 4 to 4.5p. This will have to go up by 200% for those holders just to break even. Can't see this doing much next year. A poor investment to hold imo.

[stockologist] 11/11/2013 14:02

mug punters were warned

some who denied the warnings sold out on the quiet leaving the really thick mug punters holding this p.o.s.

[troutisout] 11/11/2013 08:14

Looks like the Aussie market made the most of the 1m shares sale and pulled the price down.

[mrshaungcm] 11/11/2013 06:48

wat a turkey

[queenwood] 09/11/2013 12:33

Coal-fired electricity is key to South Africa's and Southern Africa's economic growth, which has resulted in increased interest in the country's and the region's coal sectors, says SRK Consulting coal team principal geologist Lesley Jeffrey.

"While the sector has slowed down dramatically, owing to the downturn in coal prices, the shortage of electricity in South Africa represents a distinct advantage to the country's coal industry. Coal-fired electricity generation will have to contribute the greatest share towards alleviating the current shortage, as renewable and nuclear energy is insufficiently developed to meet South Africa's needs," i reckon when we list on the jse it will bring cool to a new group of investors who can see the need for coal and activity will pickup and so will the share price aimho :0)