Emmerson Share Discussion Threads

[martylangan] 06/7/2010 15:31

Skyship was thinking exactly the same! Bought some polo myself with the money made here. Interesting developments..

[zangdook] 05/7/2010 16:39

...except POL is ISAble so no tax worries.

I would like to hear news from EML and URU. They must be doing something. Perhaps they're waiting for developments with control of EXT before selling some more to raise cash.

[skyship] 05/7/2010 15:56

Added another 100k at a fraction below 2p. Also added to my POL after the news of a special payout divi hopefully to come - all very similar to the great EML opportunity of 3months ago...

[skyship] 29/6/2010 07:59

Rasta - yes, EML has been a lucky stock for me over the past 2yrs. As to their plans, well to be honest I have absolutely no idea.

So far I've only bought 50% of a normal allocation, really just to have some exposure in case we see action sooner rather than later. I'm sure the Dattells/Mellon partnership will find something for this cash shell - if not, then after a year they would liquidate and pay out. As we hold 2.8p in cash/near-cash, it seems to me that a small stake @ 2.1p isn't at risk.

I bought @ 2.1p as I can't really envisage a drift below 2p; and if they do it has to be likely that JM would top-up again. So, on balance, right to put down one's marker ahead of the field.........as usual!

[rastapastamasta] 28/6/2010 18:23

Hi Skyship
You always seemed to have a knack for buying (and selling) EML at the right time.
But I'm surpised you're back in right now. What do you expect EML to do over the next 6 months?
TIA
rpm

[skyship] 24/6/2010 18:17

Dave - SDIC is NOT EML. We've seen magic here and I suspect we'll see it again.

[davebowler] 23/6/2010 16:55

Mellons magic is only directed at working in his favour- see SDIC

[skyship] 19/6/2010 16:31

You can also see the position in the Alun Morris speadsheet - link in the Header above.

Assuming nil value to the Tsumeb tailings project and therefore working just from cash & current assets (EXT holding) - the current NAV = 2.8p. That is from the 1st April Disposal document stating assets of $15m and the updated issued cap of 355.6m shares.

So at 2.1p one is buying at a 25% discount to CASH; in the hope that the Dattels/Mellon magic will continue apace.

Also reassuring to note the last JM top-up of 2m shares at a net 1.8325p (8.9625p - 7.13p spec divi).

[extrader] 18/6/2010 15:50

Hi sparty1,

For an excellent review of the overall EMl/EXT/KAH/PRL/URU situation, go to www.stockopedia.co.uk and see marben100's The Extract Complex and associated discussion boards.

GL

[sparty1] 18/6/2010 15:14

Thanks guys ,my "barx system" showing this...
Nippon Uranium Resources (Australia) Pty Ltd 33,781,505 £55,739,483
Rio Tinto International Holdings Australia Pty Ltd 28,267,310 £46,641,062
APAC Resources Capital Limited 21,585,392 £35,615,897
Blakeney LLP 17,840,000 £29,436,000
Henderson Global Investors Ltd 12,489,007 £20,606,862
M&G Investment Funds 3 10,304,348 £17,002,174
Emerging Metals Limited 8,917,647 £14,714,118
New City High Yield Fund Limited 7,199,980 £11,879,967
RAB Capital Plc 5,227,747 £8,625,782
Geiger Counter 5,000,000 £8,250,000

Also the eml barcs info is totally flocked up! showing wrong positions. Well out of touch ,much like me..........

[zangdook] 18/6/2010 12:16

IIRC EML's meaningful assets are 358,479 shares in EXT, plus some cash. The EXT is worth a little over 0.4p/share. My notes are in a mess but IIRC NAV is somewhere around 2p.

Please correct meif I have this wrong.

[extrader] 18/6/2010 11:44

Hi sparty1,

I think you'll find that EML has disposed of its holding in KAH......KAH didn't have a holding in EML.

If you scroll through the last 3 months ' worth of msges, things should be clearer.

HTH

[skyship] 17/6/2010 08:05

I suggest that 500k sale @ 1.975p was yesterday's....and the reason for the fall

[rastapastamasta] 17/6/2010 07:37

Hi Skyship
The price is getting interesting again.
But for me the decision to buy back in will have more to do with Mellon waking this co. up again. No sign of any action right now.
rpm

[skyship] 16/6/2010 16:27

2.0p - could be time to be back in here.....

[hyvast] 03/6/2010 14:49

So where will the Sp go now

[tobyjug] 01/6/2010 08:23

What a sweet move that was selling kah at 185.

[martylangan] 26/5/2010 14:56

Anyone know what are the funamentals on these now...?

Thanks in advance...

[hyvast] 24/5/2010 13:12

Glad I bought in when you all took your Divi :)

[tobyjug] 24/5/2010 13:04

glad I topped up again last week.

[tobyjug] 21/5/2010 18:12

rpm,yes, got mine.

[rastapastamasta] 21/5/2010 17:34

Selftrade have cleared the divi now
rpm

[hyvast] 21/5/2010 14:46

So you still have a mattress left, you are doing well!

[bobs good eye] 20/5/2010 16:06

I haven't got mine yet Hyv. Anyway in this market it's going straight under the mattress.