Europa Metals Share Discussion Threads

[greatfull dead] 15/8/2018 11:48

Boy I am glad I got in to EUZ yesterday. I feel a buzz in the air..

ATB,
GD

[spec7] 15/8/2018 09:53

Well nothing's happening :-)

[greatfull dead] 15/8/2018 09:36

My, this bb is very quite!!

ATB,
GD

[nico115] 13/8/2018 18:21

Thanks Spec

[spec7] 13/8/2018 16:52

hang in there for the scoping study end of next month ish.

[nico115] 10/8/2018 19:59

Thanks Yes Daley is awful I'm all out I got a hunch it will get to 60p but if Kinder is selling maybe Daley has told him it's fully valued?!Yes checkit has been a disaster

[spec7] 10/8/2018 19:20

Hi Nick

I try not to follow them anymore. I know we disagree on the valuation but i struggle to see how its £90M. Its obviously not based on NTA ...lol
My feeling is its been ramped up to let Kinder out. Bulgin is a good business, always was but it has done nothing to justify a 10x rise in the share price When you pull the RNS and trading statements apart they are pretty average, things like the doubling of income from Checkit which was pretty poor anyway and is still pretty poor given the £20m+ investment its swallowed. The last figures we have from current net assets at 31 Jan 2018, Net Assets were £12.9m, or around 7p per share (including Intangible Assets of £32m)
I cannot believe the share price, and even on Equity Development's forecast for 2020 at EPS of 2p, that is a PE of 22, whilst they have set a target of 66p, which would be a PE of 33.
Basically i think its been ramped to the limit and i simply do not understand the SP
My advice is to do what i have done and walk away and forget about them expecially that awful man daley.
HAGW

[nico115] 10/8/2018 18:50

SpecCan you believe the ekt share price? You think checkit will be a success?Kinder me and perloff and hendos and downing nearly all out..and the shares still going up!!5p was an absolute steal!!

[spec7] 10/8/2018 08:44

Its just confirming the placing that took place last month has gone through.

[rizler] 10/8/2018 08:20

Interesting. A placing which has not affected the share price

[letmepass] 09/8/2018 14:36

Everything slowly coming together.. :)

[nicosevos] 09/8/2018 12:57

HunterD@confluencetradr 1h hour ago

#EUZ - weekly price action is excellent. The wave up has just started and we have a long way to go. All the ducklings are aligned for a close above the weekly doji candle from 2 weeks ago at 0.1045. This is likely to happen by end of play tomorrow according to price action. BUY!

[spec7] 09/8/2018 11:31

Its not a problem but they have raised another £.5m since the video so Phase 2 is covered and of course thats not mentioned on the video but is a huge +

cheers :-)

[nicosevos] 09/8/2018 11:26

David@AIMTOPPICKS 13m minutes ago

#EUZ Europa Metals
Couldn't buy £5K in one go.
Had to buy 2 lots of £2.5K and they arent showing as trades.
Background buying going on??????
Massive upside here

[nicosevos] 09/8/2018 11:21

Max buy 2.5M, anymore NT....Barcs.

[nicosevos] 09/8/2018 11:13

Can't see a date,

HunterD@confluencetradr

Aug 6

#EUZ I've been buying all last week. We have broken out of the descending longterm weekly trendline since 2016. Hence looking at a different beast compared to FCR days now as bulls have taken control of the longterm price action. The target levels are staggering. BUY recommended

Chart......

[spec7] 09/8/2018 10:25

How old is that video ? always a problem with these things if they are not removed when out of date.

[nicosevos] 09/8/2018 09:41

Justin Waite @SharePickers 14m minutes ago


#EUZ decent amount of buying going on.

Scoping study will be delievered within 2 months and probably some news before that (according to LR) on the last podcast.


‏Here's a 3 min video (DYORO)

[spec7] 08/8/2018 10:39

I think everyone knows what you are saying Andrea, its pretty much stating the obvious and the reason whatever they do or say the share price stays where it is. The directors aren't stupid, why would they buy at this stage, we don't even have the results of the scoping study ? Yes you have been diluted 70% already with this new company and you would be daft to think the latest 500k will get them through phase 2 but until we get the figures we dont know what the costs are, the plans are, or the cash flow is.....we are just passengers on a fairground ride :-)

The real crime is we are not given rights issues on these placings to offset dilution.
End of the day Andrea you like me are on a free ride here as this would have gone to the wall as FCR so Toral stands us in at nothing. there is money to be made here but its the traders not the LTH.

[andrea152] 08/8/2018 10:09

Problem is, people just don't realise how much more Placing Fundings are going to be necessary before we even get to the JV stage and the effect of that dilution on their shareholdings.

There could easily be 10 Billion shs in issue by the time we get through the PFS & BFS stage, which means that unless shareholders top up in the mkt with every Placing, their holdings is 100% diluted , even from here - and THAT was diluted by 70% since this time last year.

Ask yourself the same question: If this is so good, and so undervalued, and a racing certainty to make multi bags of money for everyone , why haven't the Directors (apart from CB, who actually seems to HAVE a set of Cohonas) bought any stock, with their own money, either in the (Many) Placings, or in the Market ?

It's a fundamental question. Look at all successful companies from Tesla to Apple to Virgin, (Even Metal Tiger) - all the Entrepreneurs who started them have substantial "skin in the game". EUZ's BOD don't.

So until they do, I am not putting another penny into this multi share-issuing company.

IMHO. DYOR. GLA

[hedgebetter] 27/7/2018 15:07

Some guy taught me how to do that spec ;-)

[kexicus] 27/7/2018 14:25

I'm optimistic after that interview on the podcast. Sounds to me like he had a lot to say without being able to say it. Hope we're not disappointed.

[spec7] 27/7/2018 14:19

Well done hedge, your links are working :-)


Have a good weekend all.