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
  -1.00 -0.43% 233.00 230.00 236.00 236.00 233.00 233.00 81,697 16:29:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 205.6 44.0 36.1 6.6 256

Kenmare Resources Share Discussion Threads

Showing 24726 to 24743 of 24800 messages
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DateSubjectAuthorDiscuss
23/6/2019
22:49
Is this a dot dot dash moment. Sending out an SOS. Message in a bottle, yeah
donkey40
12/6/2019
09:28
Current Chinese spot for similar grades is above KMRs average for 2018. They've also indicated they agreed higher contract prices for 2019. The only time you'll get true insight into financial performance is in the HY and FY financials. Q1 report from KMR reports tightening supply conditions. Position is supported by other reports, Iluka Resources for example.
murraybasin
11/6/2019
22:36
Wendy - well past your bedtime. Stop wasting our time please. Apologies SteMis - we have allowed ourselves to be dragged into a meaningless exchange with children about their pocket money.
donkey40
11/6/2019
21:36
On that basis no stock could be cheap because if it WAS cheap then buyers would be buying it and the price would be higher. On current basis KMR is valued at about 2.6 x ebitda. If they deliver on their expansion then the current price will put it at about 2.1 x ebitda. Main risk seems to me to be price of product. If it falls then it hits profit but also cashflow and funding of expansion. 2018 benefited from increased prices. What are they now? Plus, what's all this about TLOU?
stemis
11/6/2019
21:06
I thought you said 1200p Donkey - you’ve dropped to 750p in less than 2 weeks but, as you said, you’ve been calling it wrong for 3 years. If the price was so low and everyone wanted a piece there would be buyers soaking up the sells - there isn’t. That tells me nobody buys the story because of the above points - a company treading water whilst it blows all cash flow on upgrades ready in time to miss the peak of the commodity cycle. Operating in a region rife with terrorism with historic issues of operations based on operational failure and acts of god. Run by the same team that led to its ultimate wipeout before consolidation and refinance wiping out 99.8% of shareholder value. What’s not to like?
wheniamfree
11/6/2019
20:20
2022 operating margin probably north of $150m. Price an acquisition on that basis, after all of the development capital programme has been done.
murraybasin
11/6/2019
17:02
SteMis - because one particular large II is presently exiting. And the market knows this, and the shares will not advance until this clears the market. Yes the story here is stale to certain people. There are those who are bitter and twisted about past performance; fair enough nobody likes to lose money. But money management is about future performance so get over it and decide if you are in or out. The current price weakness is nothing more than a function of someone large exiting and is taking time to absorb. There does not appear to be any Mine performance issues or product side issues driving the current price weakness. Despite what other knuckleheads would try to have you think.
donkey40
11/6/2019
15:43
Why are non of the majors sniffing around this? It's only valued at 30% of tNAV. They only have to talk to pretty much two shareholders.
stemis
11/6/2019
14:32
Of course danger, however KMR is a well known business and already has a raft of II backing some of which are stale to say the least. As buck continually points out, liquidity is an issue so the lobster pot could get an airing via Peel to shift stock around. It could also be sounding the market for capital which, is usually the case - nice little bonus for their troubles also. Some big development plans all of which are to be funded from projected cash flows, once achieved production should/would increase but what will be the sale price of product at such time? They have missed the peak of the cycle. Already starting off with additional costings of WCP B of circa $5m isn’t really setting the world alight. There is nothing to get excited about for over 18 months and this of course is assuming all goes to plan, on budget and with no hiccups.
wheniamfree
11/6/2019
13:47
Probably the usual reasons: they think the broker will help raise awareness of the company through research or presentations, will help manage any overhangs where large shareholders want to sell, source large blocks of shares for large buyers, advise on any corporate deals or structure. Helping to raise equity may be one of the functions of a corporate broker but by no means the only one. Inferring an equity raise from a broker appointment is a bit like inferring that they are in takeover talks because they didn't immediately reply to an email!
dangersimpson2
11/6/2019
13:38
You tell us all please Wendy ....
donkey40
11/6/2019
12:49
Why the appointment of broker, additional costs for what else?
wheniamfree
11/6/2019
12:26
But the company has specifically said: 'Kenmare intends to fund the total capital cost from its balance sheet and internally generated cash flow.' Paying a divi while raising cash doesn't make sense, but there appears to be no indication that they need to raise any cash so very much an academic statement at this stage.
dangersimpson2
11/6/2019
11:20
Touching 175p, 150p next - when is the equity portion coming and if things continue at what price are people willing to back it? There is absolutely nothing to look forward to here, major risks on economical levels excluding those at operational. Paying a divi whilst likely raising cash doesn’t make much sense to me.
wheniamfree
10/6/2019
22:25
Kind of read as of today, if the ministry thinks you are the emperor with no clothes, you're out. Testing time for the 2mw and 97m bidders ...
murraybasin
10/6/2019
21:53
Wrong board - sorry. Transferred across.
donkey40
09/6/2019
12:24
Frack, fruck, schluk or shlick. Who gives a sh1te when you’re a plrick. Wendy - how your stock doing. This time you can’t blame me for what the Govt of Bots are saying... Any views on their press release - or was that too difficult or disappointing for you to process... Tender still in progress; not yet awarded... How long will the cash last this time ...
donkey40
09/6/2019
10:49
I think he might have got one over on you with that. Not surprised.
murraybasin
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