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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Hameldon Res | HRE | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.875 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.875 | 0.875 |
| Top Posts |
|---|
Posted at 13/6/2015 07:43 by pug151 I wanted to open a thread on this company. Unfortunately I seem to lack the IT skills to do so...Calunius have agreed third party litigation funding on the 8th June and as followers of OXS will know they only do so when they have a greater than 70% confidence in success and where the possibility of not being able to monetise awards is close to zero. The share price has fallen sharply from highs. On the 11th of June a Toronto court overturned HRE request to freeze shares held by the Kyrgyzstan government. This was expected as the Moscow court has set aside they initial ruling in favour of the company. I understand that HRE have confirmed that the litigation funder was aware when funding agreed. I could do with advice on how to populate the header on this thread! |
Posted at 14/12/2010 16:42 by marab moormoney - Thanks. I will need it as I haven't got a clue what I am doing. Hopefully I will see you there as you are about 25% of the posters that use this board. Need to find a way to ban blue posters like leeds though. He like totally lowers the tone of the whole fredd innit. (Brief trip into the vernacular. Unsuccessful I think.)HRE now trading as AHG and the share price drops. Co-incidence? Hopefully normal dealing tomorrow. |
Posted at 12/12/2010 16:44 by marab "marab - 8 Dec'10 - 10:58 - 15 of 72 editWINS currently offering shares at 0.71p, then Xcap at 0.85p. SCAP 0.7p bid. Looks like some of those in at the placing price are happy with their 15% profit. I do love a good overhang." 5 hours later the price jumped. I wonder if anyone bought some after seeing that post. Probably not, but it was a good example of what happens when an overhang disappears. The prices looked like WINS had a lot of stock to sell and none of the other MMs had any. Next time you read on a BB that someone is talking about an overhang it might be worth a look. Bear in mind that just because someone says there is one doesn't make it fact. Soon be time for another week of fun and frolics, best of luck to us all. Be nice to have a good run up to Christmas. Who knows, I may even have a reply from the BOD of HRE by then. |
Posted at 11/12/2010 11:00 by marab I have been asked how many performance shares TW (TIM) will qualify for if the share price doubles. The answer is - none. TW gets rewarded on the value of the NAV and the share price doesn't come into at all. Good definition of NAV on "The total value of a company's assets less the total value of its liabilities is its net asset value (NAV). For valuation purposes it is common to divide net assets by the number of shares in issue to give the net assets per share. This is the value of the assets that belong to each share, in much the same way that PE measures profit per share." TW example from the Q and A session in the heading. A. It is NAV per share that you should look at. If the company has £100 and 100 shares and it raises another £200 at £2 a share then NAV goes to 1.50 per shares which is GOOD for shareholders. If it raises another £200 at 50p per share then NAV per share goes to 60p. That is bad. The share price is only a reflection of how investors look at the future potential capital and/or dividend growth of the stock. If TW can keep doing deals like the Ascot one you could reasonably expect the share price to be higher than the NAV. Many investment trusts and companies have a price less than the NAV, some up to 50%, depending on how popular the area of investment is. SVE's share price for example had a large discount to NAV the last time I looked but has a portfolio of good shares. What will make the difference here, in my opinion, will be regular updates on what TW is investing in so we can follow his progress. I personally find it hard to keep much interest in a stock when I have no clue as to what it's doing. Look at DXR, HRE's 'sister', to see the effect of no news. (Incidentally, you might want to look at DXR which will be investing in silver related stocks, but hasn't invested a penny yet). At the end of the day the only fundamental factor in the price of a share is whether investors are generally inclined to buy or to sell it. From the Q and A in the header (with thanks to Kennyruss for collecting the questions from us and arranging for TW to answer them), Q. What are the current share holdings for HRE? A. What does HRE own? The board has yet to set a policy on disclosure. I think that at the moment the share price here is holding up quite well bearing in mind the only investment we know about is Ascot which was only about a third of the investments in cash terms. Fans of TW might be an additional reason for the share price. Holders in his t1ps gold fund might be looking for the same performance here. |
Posted at 08/12/2010 15:16 by marab leedsu36 - Welcome, and lets hope 'he who cannot be named' doesn't follow you over. That helps explain the end of the cheap placing shares. To be honest I think the more people that bail out of DXR the better it looks price wise. It's hard to value either of them at the moment. I certainly wouldn't sell either one to go into the other. DXR currently has no investments and we don't know what HRE holds other than Ascot. Owning both takes away the brain strain of deciding.sat novice - I have emailed HRE to ask what plans they have for letting us know about the investments and am waiting for a reply. I understand that there may be reasons for not telling us some of it, like perhaps they are buying (or selling)shares in a stock over a period of time so as not to bump the price up(down), and they don't want other investors piling in. I have no problem with that because the idea would be to buy shares cheaper which means we get a greater NAV. There is also the theory that if we are given lists say every 3 months when the NAV is calculated, they could be out of date before they are printed due to buys and sells. Again I don't have a problem with that because at least we can see how the fund is being managed and get an idea of where we are headed. Hopefully news soon but as I have not contacted the company before I have no idea how long it will take to receive a reply. |
Posted at 05/12/2010 10:24 by marab Questions for TWQ. What are the current share holdings for HRE? Q. How many convertibles are outstanding? Q. Is there any intention to update the HRE website, and if so when and how often? Q. Is there an email address for Athol that people could use for comments, questions etc.? Q. What is the extent of the percentage of the equity held by funds managed by TIM ? |
Posted at 02/12/2010 19:45 by marab argy2- That's what I am working on at the moment. Is it cheaper to buy Ascot direct at 43p or to buy HRE with its warrants to buy Ascot at 20p. I would be happier if I knew what else HRE had invested in. |
Posted at 01/12/2010 12:27 by marab Please correct the following as needed for HRENumber of shares = 165 million Current price = 0.75p Total cap = £1,230,000 Ascot deal £429,999 convertible at 20p per share = 2,149,995 shares warrants convertible at 20p per share = 3,009,993 shares Total on conversion = 5,159,988 shares Current price of Ascot 40p = £1,031,998 profit if all options were converted and sold plus we get the £429,999 back (0.887p per share). For every 10p in price of Ascot HRE would make another £516,000 profit (0.31p per share) Ascot share price at £1.00 would = share price of 2.5p I have ignored the dilution of the convertibles and warrants as it will only add 0.3% to the number in issue. Also ignored RRR investment. Ascot is producing gold now and ramping up production to hopefully 150 tonnes per day. Both RRR and T1ps will be pushing Ascot up to the AIM market as soon as possible. The market and liquidity in the shares will improve as will its visibility to investors. Any thoughts on the future share price of Ascot just on a move to the AIM market? Or the value of Ascot on producing 1,200 oz per month ( targeted for first quarter of 2011)? Picked up some more this morning because if a gold mine can't do well at this point in time there is a severe problem with management. The fact that AB from RRR is happy with the management is a plus point for me, so happy to buy and wait for the move to AIM. |
Posted at 12/11/2010 12:40 by englishbeakfast IvorWhat am I missing here if anything ? Why would anyone invest ? Jim Mellon's EML hasn't produced the stellar returns that he indicated would happen. Now EML appears to be just another trading company. If HRE are investing up to £43,000 in various companies that isn't going to majorly impact on the share price of the companies in question. If you are attracted to their investments then why not just invest in the company yourself, rather than through HRE while paying directors' salaries which will erode your profits ? The company website has little to say apart from that they are registered in the Cayman Islands and investors may have less protection because of this ! Please let me know if I am missing anything. |
Posted at 01/11/2010 17:53 by bozzy_s But Atlantic, wouldn't investors be better off investing directly in the gold companies themselves, for 1/7th of the price of investing in them via HRE?I'd have thought an annual subscription to TIPS (I am NOT suggesting this by the way) would probably reveal the majority of HRE's investments. And indeed I'd have thought the details would have to be made public at some point eg announcement of final results. So when the investments are revealed, let's put a hypothetical situation forward. HRE has 10 x £40k stakes in companies A - J. HRE has a diluted market cap of £2.8m. So buying HRE today as an investment tool in companies A - J would not be a viable option. You'd have to pay the equivilent of £280k for £40k of investments. Quite simply, at this incredibly high premium to NAV, it would be a better choice to try and work out who HRE has invested in, and take a punt that way. Or wait for full disclosure of their investments, and buy directly into the said companies yourself. That way you'd 'only' pay £40k for £40k of investments, and you'd keep all the future profits instead of being charged 25%. |
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