Emmerson Share Discussion Threads

[fuiseog] 08/2/2011 11:11

Thanks Skyship, I didn't realise it was a single trade. Glad it wasn't mine!

[skyship] 08/2/2011 10:33

fuiseog - What 12% drop exactly? Are you perhaps referring to the idiot trade of 20k sold @ 2.5p at 8.00:34?

Can only assume that was a trade placed to sell at best without realising that a broker might well sell at the open when prices are still adjusting from Auction. Tough luck on the seller; a nice gift to the MM!

[fuiseog] 08/2/2011 09:55

Can anybody help with an explanation for the 12% share price drop today?

[skyship] 06/2/2011 16:35

Also not sure what Fuming Fred's post had to do with EML - othere than EML being a microcap penny stock perhaps.

I never cease to be amazed how many people seem to think they can make a living out of investing when they have had zilch experience or training. That Urbanek story was appalling. IMO the Sunday Times should have repaid all losses as they clearly led an innocent to the slaughter - all in the name of a good story.

I do make a living out of investing, but only because I'm managing my pension pot and I trained and worked on the LSE in my early 20s. The investment game tends to be a knack that stays with you, rather like riding a bike!

That completes yet another O/T post here whilst we wait for the next stage in the EML story....

[enforcer2] 05/2/2011 11:02

not sure what they are doing with their options but it looks good for holding

[hoveactually] 04/2/2011 23:42

surely some news has to be released soon - what on earth are they doing (or thinking of doing) with all the cash.
someone bought 550k shares today - maybe they know.

[envirovision] 02/2/2011 10:26

so this futures trade they did late last year, have we any clue as to how well it went?

[timtom2] 29/1/2011 17:52

Mellon himself said (somewhere on Youtube at Master Investor I think) that EML have a good team. Just wait. It may drift lower but no rush.

[barryrog] 28/1/2011 16:24

the share has become so illiquid that just a handful of shares sold brings the share price down almost each single trade.
at least with Polo you know exactly what they are doing, here who bloody knows if anybody is actually doing anything.
the problem with selling your holding is that directly you do, sods law kicks in and out comes a blockbusting annoucement.
i must agree that without any meaningful news, their 'raison d'etre' for maintaing a seperate investment company and all the costs that involves is looking highly questionable.

[skyship] 26/1/2011 17:09

Hoveactually - quite right - sorry for that comment Kerrie3 - quite unlike me!

Personally I am happy to be part of a £10m cash shell rather than a £125m investment vehicle in Iron ore and coal.

That "dabbling" in uranium (yr post No.1279 above) gave us a tremendous return in 2009/10; so if they find a way to repeat that performance I'm more than happy to twiddle my thumbs and wait awhile

[timtom2] 25/1/2011 08:52

At a critical juncture for the share price May breakdown anytime soon, or indeed up. Without some news or a suporter who knows someting, I suspect it is more likely to break to the downside. mho.

[hoveactually] 23/1/2011 22:28

i'm sure kerrie can speak for himself but why should his thoughts translate to having a daytrade mentality.if you look back, he has been posting for several months so is clearly not short term trading.
what are the fundamental differences between the companies? they are both investing in metals/commodities with Dattels calling the shots for both companies. neither are very active with Polo waiting for an outcome on CDN and GCM and EML dabbling in uranium and very little else that i can see.
it takes a lot of money to maintain a listed company particularly with the same people doing similar things under 2 umbrellas.
i think its a fair question to ask particularly when you consider the costs and other factors. is Dattels active here or predominantly focused elsewhere, what investment decisions are EML able to make that can't be made as part of Polo, the shares here are virtually illiquid which is not the case for POL.
i'd like to be convinced there is a strong case not to benefit from the synergies of a merger.

[skyship] 20/1/2011 09:06

Having vastly benefitted from EML I sincerely hope we don't receive a cash offer - after all, even though Uranium is now at $68 we still stand at a slight premium to the underlying cash NAV of c.2.75p.

Kerrie3 says "maybe the cash can be better utilised.". Might I respectfully suggest you apply your daytrader mentality elsewhere and leave EML to investors prepared to trust the directors whilst they look for the next investment to pay off for all shareholders.

[barryrog] 20/1/2011 08:50

good point, surely Dattels can see the synergies that would exist in not having 2 companies with very similar strategies.

[kerrie3] 20/1/2011 08:01

and whats happening to the £10 mill cash - they might as well be taken over by Polo Resources as they will save a lot of admin/operating expenses and maybe the cash can be better utilised.

[barryrog] 20/1/2011 07:38

i know they cashed in the option contract but wasn't the delivery contract due this week?



news anyone?

[vosene] 13/1/2011 11:27

barryrog, I see Polo and EML as two peas in a pod. They are trading platforms for Dattels, waiting for the right opportunity to come along. Then when it does you find you have invested in a company running a 1 or 2 share portfolio. Sometimes this is profitable (Kalahari/Extract) and sometimes it drags on painfully (CDN/GCM). Although they make money I think it's a suboptimal business model when you compare it to Anglo Pacific or Red Rock Resources. Both have fingers in many pies and use virtually all company funds rather than sitting on them. APF in particular are a marvel - a ten bagger in 7 years whilst also returning enough dividend to be worthy of a high yield portfolio on occasion.
I'm afraid the business model here is just not as good, and riskier, though you should still make money.

[barryrog] 13/1/2011 11:13

i'm somewhat miffed that EML have not made an announcement re the cash pile they have been sitting on for some time.

[plunge] 06/1/2011 22:17

Spot uranium now over US$65.



It looks like Dattels and Mellon may have been too hasty in bailing out

[kerrie3] 05/1/2011 00:00

could well be an update on the uranium activity this week.

[barryrog] 31/12/2010 10:34

hi pip,
i didn't realise they had sold the option.
i wonder if they are gonna stock pile given the increasing price of uranium.