Empire Metals Share Discussion Threads

[buystock] 10/3/2010 12:13

good on you sit back and watch

[gdasinv2] 10/3/2010 12:12

Bought more on dip - NAV and Telavi Listed too (on recent RNS)- Holding and building fwd. I made huge on MNR and now EEE the bottom price

[qipincha] 09/3/2010 22:47

the other thing I am not sure is the sale volume
is low, it is difficult to support a rise
it could be an attempted rise created by mm

[qipincha] 09/3/2010 22:44

induna

eee definitely has good value
I feel that there is strange thing behind the scene
and Azorim is a bit mean to eee, me think.
all about money

[still waiting] 09/3/2010 16:53

don't miss RLH tomorrow guys, late activity right at the death, buyers paying a premium to get in before the close. maybe news in the morning.

[ucnut] 09/3/2010 16:49

Well a nice rise today. I'm looking at ADA as M/C is so low.

[induna123] 09/3/2010 16:46

qip, that's the problem, debt, hence the share price being at 3p rather than 50p or 150p. What's the alternative, sell assets at rock-bottom prices? I don't think Azorim are too happy with this situation hence their increasing stake in EEE. Buyout looks likely, they'll wait for a return on their investment. Look at other property stocks, MNR, NTA, XXIC, all recovering. Property prices will recover at some point, may take 3-5 years but Arozim will have 100% of something big rather than 50% of a struggling company. all imo.

[qipincha] 09/3/2010 16:27

the recovery of property market will take longer time than our expect. don't think eee can make profit in a couple of years' time. but key thing at moment is to sort out their debt, seems their parent company is keeping their money tightly, and other stake holders are not willing or unable to inject money into eee. I will wait and see.

[induna123] 09/3/2010 15:57

Azorim will want a return on their investment after paying 38p a share not so long ago. They will take out EEE and wait for the property markets to recover.

[battyman2] 09/3/2010 15:46

THIS BUYOUT WILL BE AT MINIMUM 10p

[induna123] 09/3/2010 15:19

I'm guessing one of the big shareholders doesn't want the company to flog assets at rock-bottom prices to pay off debts. Better for them to inject some cash and wait for the property market to recover and have a portfolio worth 40/50p a share.

Remember these were trading at 150p before the credit cruch hit.

[gdasinv2] 09/3/2010 15:11

Added UKC - British Land and Coal - dual play - too. EEE is my top list

[buystock] 09/3/2010 15:11

jonny .im buying PAQ at present started a new thread in december 2009 got told there would be a nice acquisition.jan 14th rns about a corporate transaction .im buying again 2x250k yesterday and 200k today on plus.

[kramch] 09/3/2010 15:08

so what has changed here, a few months ago they were flogging off assets for next to nothing and trying to do deals with the banks?

Looks like the controlling shareholder group are trying to take control, don't they have to make a bid if they increase their holding at this level? K.

[jonnyfro] 09/3/2010 15:04

gdasinv - I hold:

DXR, EEE, GRL, SOLO, GKP, MHG

[gdasinv2] 09/3/2010 15:02

buystock and Jonnyfro , What similar stocks you may advise?

[buystock] 09/3/2010 14:42

guys use the other thread mm,s will dilute this thread and bashers they hate risers they only ever appear on the way up

[jonnyfro] 09/3/2010 14:41

With only 88M shares in issue the current mcap is under £3M!! peanuts IMO and of that 88M, 60M are held by directors leaving only 28M in freefloat

[qipincha] 09/3/2010 14:36

it happened once in Jan. just be careful

[buystock] 09/3/2010 14:36

INDUNA go too my thread on PAQ i created it in december on possible news its getting closer they issued an rns on the 14th jan.

[induna123] 09/3/2010 14:30

Shows how little stock there is. Ticks up on each buy.

[joestraughan] 09/3/2010 14:02

battyman2 - good luck - I'm maxed out in a couple of turkeys still waiting to fly!

[battyman2] 09/3/2010 13:56

Good idea. Try that trige

Mmmm this is one of those shares where today is 3p and tomorrow it's 10p !!

[jonnyfro] 09/3/2010 13:54

Wanted another £500 so sent negotiated trade

[trghe1] 09/3/2010 13:52

Unbelievable rise

I'm trying to get a few more but broker says no way at the moment. Hoping hoping someone will sell a few