Share Name Share Symbol Market Type Share ISIN Share Description
Kenmare Resources Plc LSE:KMR London Ordinary Share IE00BDC5DG00 ORD EUR0.001
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  25.50 10.41% 270.50 268.00 273.00 269.00 245.00 245.00 235,511 16:35:22
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 205.6 44.0 36.1 7.7 297

Kenmare Resources Share Discussion Threads

Showing 24426 to 24447 of 24875 messages
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DateSubjectAuthorDiscuss
21/10/2018
00:25
From Iluka quarterly today: The market for high-grade titanium feedstocks remained tight through the third quarter as pigment customers maintained high levels of plant utilisation, creating strong demand during a period in which production disruptions at feedstock producers limited supply. Ongoing issues with feedstock suppliers have led to some downstream customers noting concerns as to whether there will be sufficient high-grade ore available in 2019. The rutile market remains particularly tight, with no available inventory being reported in the supply chain. All of Iluka’s high-grade titanium feedstock production remains contracted or allocated to customers for the remainder of the year, with sales limited by production.
donkey40
20/10/2018
12:51
!YOUTUBEVIDEO:dFrN9CvGn48: Kenmare Resources to add 20% capacity expansion/40% margin expansion. Round up of Capital Markets Day material and recent research: IG TV (17/10/2018) https://www.youtube.com/watch?v=dFrN9CvGn48 Capital Markets Day Companion Video (16/10/2018) https://www.youtube.com/watch?v=FFHHPyKfuoE Capital Markets Day Web Cast (16/10/2018) http://webcasting.buchanan.uk.com/broadcast/5bc49869c6ec681d9e06bc93/5bca00465830cf917a00013b Capital Markets Day Presentation (16/10/2018) https://www.kenmareresources.com/download_file/view/379/1/ ( 20% growth leading to 40% increase in margins due to largely fixed operating cost base ) Hannam & Partners Research (06/09/2018, expect update) http://www.hannamandpartners.com/umbraco/surface/MediaDownload/Download?file=1975
murraybasin
20/10/2018
09:53
More from the dark side: https://www.youtube.com/watch?v=FFHHPyKfuoE
murraybasin
20/10/2018
09:10
From the dark side: https://www.youtube.com/watch?v=dFrN9CvGn48
murraybasin
19/10/2018
23:14
Yup - tell me something new please. Soon.
donkey40
19/10/2018
20:16
Pappy still sleeping?
murraybasin
19/10/2018
19:46
Bullseye ... hxxps://www.mammoet.com/
murraybasin
19/10/2018
19:46
Job L. from Davy going straight after the acquisition question.
murraybasin
19/10/2018
19:42
I notice the CMD webcast is on Buchanan's web site. Suggests the company is taking care of the PR problem that the idiots over yonder are complaining about.
murraybasin
19/10/2018
19:35
Has pappy dozed off again?
murraybasin
17/10/2018
19:21
Shake the room ...
murraybasin
17/10/2018
11:38
Boom - the end game right there ! When when when.....
donkey40
17/10/2018
07:35
So the CMD then is just a lot of noise about securing a 20% Increase in production capacity of their lowest revenue generating product for next 20-odd years at a cost of ~$150m. Translates to a 12-14% incremental revenue increase. Whilst they have future proofed the company etc, it also highlights the ‘inefficient’ extent of original Capex. You got to think the Chinese will buy it eventually to secure high grade feedstock for their chloride smelters. I just dont see this mgmt team taking on vertical integration expansion.
donkey40
16/10/2018
20:21
Ideal scenario here would be to locate top-end MSP and upgrading plant in geo-politically stable jurisdiction and then ship HMC from the mine site. Assuming sufficient capacity, you could also then consume HMC from other mines. Ref Image/Strandline looking to just mine HMC and hand it over, balancing capital, risk and revenue. I'd envisage multiple modular lines to pre-empt the possibility of force-majeure on the entire operation as a result of some major line failure. Iluka put the cost of putting an SR kiln in play at about AUD 250m, and then there are periodic maintenance/relining activities. You would need to be acute on your economics. A lot to be said for optimising the mine and letting others assume the capital and competitive risk for the upgrade process. Slaggers don't seem to be making a lot of money and RTFeT and ILU have had kilns off line for years.
murraybasin
16/10/2018
18:46
The plan coming loud and clear from today is to maximise plant utilisation from the core $1.25 billion Capex investment. That takes them to 1.2m tpa ilmenite and co-products. Then once positioned, start returning capital to shareholders. I doubt however the mgmt team will want to do, and only this, for the next 100 years life of Moma. But it is what they needed to do for 3-5 post the MD and problems of the past. What do they do thereafter - mine more ilmenite (horizontal integration) or move up the value chain (vertically)? I would think the later has more appeal personally. Equally I accept the argument they are a single asset company and vertical integration doesn’t particularly change that risk. This stock should be 5 quid at least. Sometime it will be; the question is what will be the catalyst.
donkey40
16/10/2018
17:21
Isn’t the plan to be a key supplier to the plants in China that upgrade the product. Isn’t it what they do now? Shouldn’t they focus on core production and simply sell it to a processor (at a premium price)?
idiodyssey
16/10/2018
15:29
The verbal description of the Sales /Marketing slides is good, worth listening to. Bits of Operations also good; much though is well known. Seems to me the next step is to start upgrading their own ilmenite product to ilmenite slag and synthetic rutile for use in chloride process. Where do they do that - I don’t see them investing the capital for this into a China based facility.
donkey40
16/10/2018
12:27
Horses for courses - they have a room full of people to entertain and make feel it was worth their time to attend. Whilst nothing much new, the real points will be what is said in discussion which hopefully we can pick up when listening. All feedstock producers have been doing same as KMR - optimising and driving unit costs down down deeper and down.
donkey40
16/10/2018
11:58
I have also yet to listen to the recording. I thought the presentation was way too long - and boring. Nothing in there to grab attention. Guidance generally on the lower side of previous ranges. But, decent fall in cash costs of production. Decent cash generation. Good to see them confirming dividend outlook.
albo
16/10/2018
11:20
Have yet to listen the recording - thoughts are: Presentation - generally good, clear informative but yet the message isn’t a difficult one to grasp. Thought the Market Update slides were weak. No real detail on feedstock supply challenges (which could be a big + point of difference for KMR). And if China makes the switch to chloride production, their 2023 pigment capacity number will be smashed (ie will be much higher). All in all, reassures the listeners that mgmt have a strong handle on what they are doing on site.
donkey40
12/10/2018
17:17
Logic at work is refreshing to see.
murraybasin
12/10/2018
15:42
Does the CMD playbook demand some news Monday before the event?
murraybasin
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