Eurasian Share Discussion Threads

[karateboy] 06/4/2013 21:45

Lets go for share price between 270p and 320p...

[cfb2] 05/4/2013 22:01

karateboy: Yes, they've put a target price of 320p.

And Citigroup who have just reiterated their sell, target price of 270p (someone ought to tell them that today's share price at close was 243p!).

CFB

UBS are telling clients that they see recent price weakness as a buying opportunity despite the company's stretched balance sheet and the risk of dilutive equity issuance to meet FTSE free-float requirements, amongst other factors.

[careful] 05/4/2013 20:12

you boys that think that kaz or enrc could go bust need to know a little about balance sheets before you invest.

enrc have some very desirable assets.
$20bn in total.
if they needed cash to avoid bankruptcy they could sell some.

[karateboy] 05/4/2013 19:52

According to CNN...UBS upgraded ENRC to Buy...any body else heard it...

[sanks] 05/4/2013 17:14

Markets gone well ahead of reality..and now they know a price correction is unavoidable!!
Good while they could keep the bubble inflated..game over!
Target 79p. Hope it helps


U.S. stocks fell sharply on Friday, with equities in position for their worst week this year, after the government said the economy added far fewer jobs than forecast in March, clarifying the view of an economic soft patch.

"Welcome back to tempered expectations. We don't think the wheels have fallen off the economy, but we don't think it ever had the momentum that some people believed," said Bruce McCain, chief investment strategist at Key Private Bank in Cleveland.

"That's what makes for market corrections," he added.

Payrolls increased by 88,000 last month following a revised 268,000 gain in February, with the disappointing report following two others this week that also cast a negative view on the labor market.

"We can now add the monthly employment report to the growing list of data points that simply haven't met expectations," Dan Greenhaus, chief global strategist at BTIG LLC in New York, said in emailed comments.

[p bear] 05/4/2013 16:51

If they do so will every other ferro chrome producers on the planet and in the case of KAZ about 50% of the world's copper producers. Shammytime DYR, study some cost curves and stop spouting rubbish.

[shammytime] 05/4/2013 13:54

Either kaz or enrc will go bust this year

[fxdealer3] 05/4/2013 09:56

still reckon sub £1.5 for this share ...


Held this belief since it was £8+

I shorted Kaz instead ...could be wrong with price estimate for enrc

Good luck

FX

[careful] 05/4/2013 08:11

last nights japan announcement about huge QE bond purchases is a game changer.
as much as the usa but for a smaller economy.
Then that agreement between chines and a russian miner.

...a trend is developing, the centre of gravity is moving east.

[careful] 04/4/2013 16:49

on a day when the market is down over 1%,
good old solid and reliable enrc is well up.

[cfb2] 04/4/2013 14:18

Not bad. Let me get the door for you.

[penycae] 04/4/2013 14:01

Recidivist - you'll see the divi in there somewhere.

I'll get me coat........

[cfb2] 04/4/2013 11:47

...Reminds me of when I was in Northern Rock.....

So you've got previous then?

Thank you for that sobering thought.

CFB

[penycae] 04/4/2013 11:27

Added a few more of these today (right at the top), but a good deal lower than my last lot. Using trading "income" to buy the paper here, so no real pressure. Reminds me of when I was in Northern Rock.....

[careful] 04/4/2013 09:52

with japan about to stop talking and start printing at last they will all be at it.
ambrose evans pritchard in todays dt says some people suggest they should reduce government debts everywhere by just pressing a button and really creating 'super qe'.
QE in its present will never stop they say.
do they think we are stupid,we already know that.
real assets, miners etc, particularly those with gearing, will prosper more than you can imagine.

[pennypunter] 04/4/2013 08:55

short covering I reckon no new info from the co

[cfb2] 04/4/2013 08:40

durby: Thank you for your response (did you attend the AGM?). The point I was making was that the collatoral is not something that other shareholders can verify so it is just another tool in the shorter's toolbox.

CFB

P.S. careful: I'd say that was a strong bounce :)

[careful] 04/4/2013 08:35

these were just over 200p yesterday morning.
right now 240p+
its a funny old game, opportunities lurk in the strangest of places.

[racg] 04/4/2013 08:19

I ve been saying it since last summer, it ll rain. Still your choice if you invest in an umbrella. time will tell.

[careful] 04/4/2013 08:12

Actually up at open.
this old dog can still hunt.

[fxdealer3] 04/4/2013 08:04

25eps x 5-6PE = £1.2 to £1.50 tops ...


commodities keep dropping or market pulls back then 80p tops ...

lower if RI which is highly likely


i have been stating this since £8+ on this BB but everyone else know best .

your money not mine

Time will tell

fx

[mr jam] 04/4/2013 07:58

fx,

what a load of tosh...

whats your 'valuation method' and show us how you get to a 'lot lower'

just another person with no fatcs to back up his hot air

[fxdealer3] 04/4/2013 06:40

alot lower imo ...

fx