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
  +0.00p +0.00% 240.00p 240.00p 242.00p - - - 654 10:28:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 205.6 44.0 36.1 6.6 263

Kenmare Resources Share Discussion Threads

Showing 24601 to 24621 of 24800 messages
Chat Pages: 992  991  990  989  988  987  986  985  984  983  982  981  Older
DateSubjectAuthorDiscuss
28/3/2019
11:07
Miton hold 8m shares - so who sold 8m shares? Presumably that is your 9.3m shares mostly there. Majedie was the main % holding change I believe. Capital sold a few as well. But Yerman and M&G still holding 50% - phew, 50% (55m) between 2 institutions. Or 63m or 57% among 3; Or 71m or 65% among 4; So Miton coming on board didn’t solve any extra liquidity concerns - it just allowed someone tired holding to get out. But I struggle to buy that coz Majedie were there throughout the refinancing and, as a hedge fund (with access to capital), were able to go super long to soak up shares needing a temporary home. But now Majedie are down to holding maybe 3m shares - so who fills the next big buyer? What I am hoping is that seeing FIL coming onto the share registers of Ilu, then KMR, then BSE means a sector re-rate is soon ahead. But with maker outlook, Fed yoyoing, economic indicators looking nervy, gulp - who would ever have thought KMR be considered a safe haven, cash cow stock....
donkey40
27/3/2019
17:04
anyone got sub 100?
plat hunter
27/3/2019
16:55
Drip drip drip went the tap. Just waiting on the next cyclical disaster. Majedie now below 6% and likely selling into any liquidity (of which there is none)
wheniamfree
27/3/2019
08:39
Doubt that.
murraybasin
26/3/2019
16:55
Majedie - going long / short and keeping the status quo.
donkey40
25/3/2019
19:27
I'm impressed. That he keeps coming back here to waste time on something he clearly only has superficial knowledge about. Now, any thoughts about the 9.5m?
murraybasin
24/3/2019
21:15
Kenmare isn’t out of the woods just yet. A bailout placing and pure destruction of investors wealth has happened once. There are plenty of other factors macro and/or otherwise that can see it all occur again. Fool me once shame on you, fool me twice..
wheniamfree
24/3/2019
01:15
If you burn investors or creditors they take almost a generation to forget
badger37
23/3/2019
23:51
Read Kenmares historyI'm a long term buyer and seller
badger37
23/3/2019
09:15
If your MBA and PHD material isn't answering questions for, might be time to look at the less obvious, which you appear to have discounted before fully considering.
murraybasin
22/3/2019
23:21
So, let me see if I follow. A large volume of feedstock is produced in one of the more remote parts of Planet Earth. That gets shipped to places in other continents (ie a large distance) for value added supply chain blending to make something else. That costs a lot more, which gets sold all over the place like B&Q /Walmart/ Nippon/ other Asian equivalents. So far so good I think. Then we read investment theory and all sorts of MBA and PhD clever stuff and we think we are quite clever people ourselves. We might even study for a Corp Finance or Company Valuation type course (and even more surprisingly pass). Which means we have an opinion about things - dangerous, I know. But 109m shares in issue; EBITDA of $95m in 2018 and set to improve in the years ahead (ie there is price discipline in the sector for possibly the first time ever; and low and FYG behold - the share price is stuck on 2 times EBITDA cover (where Future Capex is well flagged and not that demanding. And you suggest there is a volume based reason why share price is worse than an already deflated balloon. Pray clarify for a confused yet sprightly old codger. And PS this has got F All to do with Brexit, May or any thing political.
donkey40
22/3/2019
22:48
There's a volume based reason the share price is where it is; it will lift. My calculations suggest we should be close to done with moving the overhang, but, they are only my calculations. Nobody is telling. We still need to get over May also. Entirely different issue. She needs to go back to the people. Even NI has more blue than orange or green. These are people who know what history feels like.
murraybasin
22/3/2019
22:38
And your point ?
donkey40
22/3/2019
22:19
9.5m shares? Instead of looking for what's not there talk to someone you know in the brokerage business (!) who knows what is going on. Overall resources are looking down because of the Fed pulling back, weighing in on growth. They have themselves between a rock and a hard place balancing monetary policy with the welfare of capitalists. I have updated numbers on the MSC product and tonnage. Haven't had time to blend that into my model yet. However, will lift 2019 EBITDA a-o-t-b-e. Irrespective, expect feed-stock prices to go up through Q2/Q3, marginally, not significantly. That suits us. Too many side shows going on here and not enough people who know the business.
murraybasin
22/3/2019
18:14
Bigger barge needed then - to drive down costs. Was that ever mentioned in the expansion plans at CMD or since? Don’t think so. As I posted before - or implied - CMD was a waste of space. More of the activity based effort that reads well and ticks boxes for good keeping busy governance... So far. I am still looking for that supportable reason as to why this party has not yet started. It’s like the VIPs just don’t want it to happen yet .... Why?!
donkey40
22/3/2019
18:03
predictive text... three cycles, if multiple bulk carrier, wait their turn... back to school for me.!!
caposoka
22/3/2019
18:01
Donkey, the load out jetty, conveyor system et al runs at 1,000t per hour (ie max 24kt per day). Bronagh's capacity is 4kt. The Peg is 1.5kt. The two together, doing two cycles a day can do to 11kt per day, more if the operational cycle is shorter, ie hree cycles per day. Production of 1.2MTpa is 100kt per month, so the capacity is there. An issue may arrive in multiple bulk carriers needing loading in a short time, say after a cyclone but then they simply have to wait there turn.
caposoka
22/3/2019
16:37
But there might be and we just don’t know coz it has never been mentioned ... And interesting that Base will truck their product by road to port some (I think) 60kms... That’s a lot of trucks, jobs, ancillary services....
donkey40
22/3/2019
14:20
2 barges in use. Bronagh J (self powered) and Sofia III (tug powered). AFAIK there is no constraint on shipping relative to the target mine output.
murraybasin
22/3/2019
14:12
Thanks Cap. Yes these are the limitations on loading. So is there any way to approx determine what Shipping capacity of product presently is? To see if there is a ceiling limit in terms of tonnes shipped per annum, or capacity utilisation of the related infrastructure ? I would be pretty sure their isn’t, but just curious. How many barges in use - 2 or 3?
donkey40
22/3/2019
12:53
Donkey, I looked at this some time back. Limitation is with the vessels not the jetty due to time needed to load, sail, unload and return means multiple vessels can run the cycle. Assume two cycles per day per vessel x capacity of each vessel to get somewhere close.
caposoka
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