Emmerson Share Discussion Threads

[skyship] 07/9/2010 16:36

Yes, rather odd really. 5 widely dispersed trades totalling nearly 500k. OK, only £11k and there was an earlier sale of 300k; but I fancy the buying could well continue into tomorrow.

Seems aeons ago, but actually less than 5months since that 7.13p divi.

[tobyjug] 07/9/2010 16:30

good buying this last hour.

[enforcer2] 03/9/2010 14:48

nice climb any news on the horizon?

[skyship] 18/8/2010 14:31

Good to see some buying returning today - looks as though someone hoovered up the loose stock @ 2.15p...not me on this occasion, I topped up yesterday!

[centrepoint2] 16/8/2010 15:50

Hi ALL,

Anyone interested in investing in an AIM GOLD producer, read following:

Also the current GOLD stock on AIM IS AAZ ANGLO ASIAN MINING , it is due some very good news soon on increase in resource by at least 50% & is producing with production increasing on monthly basis. I would advise you all to have a look at it & pls do you own research, i do believe it is ready to pop very soon & due a re-rating by NUMIS.

[skyship] 15/8/2010 14:15

Most likely as they were traded on PLUS...

[spights] 09/8/2010 16:49

Why are my trades not showing on advfn ?

[skyship] 04/8/2010 11:28

Bt back @ 2.17p a small top-slice @ 2.43p just the other day. Purchase reported as a sale...they look to be back into buying territory IMO.

[serotine] 03/8/2010 04:28

might be of interest

[fordtin] 26/7/2010 09:17

From an interview with Richard Lockwood, Manager of City Natural Resources High Yield Trust and also a Director of Kalahari Minerals.

" Two of the trust's top 20 holdings are in the emerging rare earths sector. The manager sees this as a "real growth market", particularly at the heavy end where the elements are used in specialised magnets and are only produced in minute quantities relative to demand."

[fordtin] 23/7/2010 14:44

marty,

I'm not so sure about the accuracy of that NAV figure, the poster doesn't seem to have taken into account the bank loans.

[martylangan] 23/7/2010 13:49

apologies all for o/t again...

Ford, worth a read up in more detail. Recently sold their cement operations for £357.m. Post 4817 on the PMHL board gives a fairly accurate recent update of the NAV of £3.39 per share vs price of £1.55 today.
Hope it helps. Best of luck with Polo! We should do very well!

[fordtin] 23/7/2010 12:40

sorry for o/t

marty - I liked the sound of discounts to cash plus buybacks, so I had a quick look at PMHL this morning. Not sure if I missed something, but it seems to be trading at a small premium to cash.
It does appear to be trading at a reasonable discount to NAV, but I'm not really sure how to value some of the assets, such as the iron ore trading business.
If China's economy keeps growing at recent rates it could be a real winner, but the turn-over for such a small profit looks a bit scary.
Not sure about property investments in China either. Again they could be a winner, or a herd of white elephants.
The buybacks could be good for a short-term punt, but with over 60% of the company already owned by the chairman, buybacks will increase his percentage and that could be a worry for long-term investors.
Thanks for highlighting it, but I feel more comfortable with Polo ;-)

[rbf] 23/7/2010 11:56

Now 2.6p to buy on 100k.....against a 2.30 / 2.35 quote.....

[martylangan] 23/7/2010 09:23

Thanks fordtin. Good call. Done the same myself with Polo. Unsure here until we hear what they are using the cash for. Also holding PMHL - much bigger discount to the cash held and buybacks have started..

[fordtin] 22/7/2010 16:47

Still at a small discount to cash, but I've sold my last few to increase my Polo holding.

GLTA

You might find this spreadsheet of some use.

[badtime] 21/7/2010 10:17

i bought a few mnore yesterday..saw this as a btr home thn cash earning zilch

[tobyjug] 21/7/2010 10:11

Sky,hopefully we topped up at the right time.

[skyship] 21/7/2010 08:49

2.2p-2.25p today - so slowly ticking up.

Hoping for some positive action soon; would be good to have a winner as I'm 33% Cash & pretty well devoid of ideas elsewhere at the moment!

[bossman1978] 19/7/2010 22:32

"I wonder whether Mellon & Dattels will start looking seriously at this area of investment again?"

Mark
This is what i have been thinking about lately. Will Mellon and Dattels start chasing rare materials instead of chasing CDN???

Any Thoughts welcomed.

Mike

[badtime] 19/7/2010 17:52

large trade at the end ther..delayed?
Took another nibble earlier at 2.1p

[marben100] 19/7/2010 09:14

Interesting that concern about REE supplies is spilling out into the public domain:

[referring to a four day meeting in China between Angela Merkel and a German delegation with Wen Jiabao, China's premier]

"...During the meeting in Xi'an, Ms Merkel said she was "worried" about Chinese limitations on the supply of rare earth minerals to global markets, prompting Mr Wen to say China would never block their export but that they should be sold abroad only at "a reasonable price and volume".

China controls about 90 per cent of the global supply of rare earth minerals, which are used in electronic devices, hybrid cars and military equipment..."

I wonder whether Mellon & Dattels will start looking seriously at this area of investment again?

Cheers,

Mark

[zangdook] 15/7/2010 08:58

"with a £27.5m holding in the quoted Central African Mining & Exploration Company"

If he held onto that you can knock the 2 off the front.