Kenmare Resources Share Discussion Threads

[murraybasin] 14/1/2019 18:10

Yup, if I keep talking sh*t all the time I'm bound to be right once in a while.

[donkey40] 14/1/2019 11:42

Thinking you called the delayed trades reporting Murray. 1.5m through Off-book in early trading this morning at 193p.
Fingers crossed matters finally coming to a head here.

[dogwalker] 14/1/2019 10:59

Berenberg tip today giving the share price a bit of a boost this morning, it seems.

[donkey40] 13/1/2019 11:01

So why is the TiO2 sector soooo out of favour ? And is H1-2019 the year it comes back in vogue ?

[donkey40] 11/1/2019 20:20

Helluva good post over on LSE by Bucklerfern - Bang on the money !!

[murraybasin] 11/1/2019 15:48

Take a bet on some delayed trade reports today. Looks like someone is trying to manage the price.

[donkey40] 11/1/2019 10:24

Look at all the other feedstock suppliers - the sector is presently unloved. Why is that ?? Incredibly odd as supply side is tight; mines are more disciplined now than ever before; price will dictate volume for a change; and the move to chloride process inexorably continues in China. Sure is a bit slow there presently but is nowhere near depressed state.

Scratching my head emoji time !

[datahead] 11/1/2019 09:56

Nobody is willing to but for 2 quid it looks like ! Get over that it might jump ?

[murraybasin] 10/1/2019 19:21

Because Messrs D&C are still dealing from the back of the van and that warehouse overhang needs some volume to clear before we see something like normal trading. Those results and threat of a H2 dividend might get the buying interest started. FY results in early March will be another catalyst event. Then all the other HMS reports to come in, pigment and paint makers and finally some class of trade agreement.

[donkey40] 10/1/2019 18:57

I do frequently wonder if message board muppets actually ever truly question why it is that a stock does not perform in line with their anticipated expectations.

I remember last time market did that was in the run to first crash after Big Bang way back in the 80’s. Then we were all geniuses; then we thought we were clever. Now here we are - wondering why money managers don’t see the obvious value drivers us mortal retail punters see as ‘so obvious’.

So why ...... doesn’t this damned stock lift off ?!

[murraybasin] 10/1/2019 09:01

Mind that gap ...

[murraybasin] 10/1/2019 08:56

All water under the Jetty now. They've already hit their 1.2mtpa run rate.

[donkey40] 10/1/2019 08:55

Bank debt reducing quickly; now net cash +ve; will pay maiden dividend August 2019; mine working in steady state;
On an earnings multiple basis, KMR continues to trade at a steep discount, with EV/EBITDAs of 3.1x/2.1x in 2018/19E, vs peers on 18.5x/6.1x.
And more than likely the market will still ignore it.

[donkey40] 09/1/2019 20:23

Don’t you think perhaps they paid a tad over the odds ..... and I think the mine actually cost $1.5 bn.

[murraybasin] 09/1/2019 19:00

Hey, why don't we start our own mine? You don't happen to have 1.2b dollars lying around do you?

[donkey40] 08/1/2019 23:51

Yup, even the mighty Paul O’Connell said you can only go to the well so often....

Personally, I would sack the entire Mgmt Team and replace them with social media, message boards, keyboard management wannabes. After all, dig up a big hole, add water, stir it all about and let it settle, take away the stuff you want, return the stuff you don’t, dry it out and truck it along a jetty onto a barge, shuttle that out to deeper water and combine harvest blow than from one hopper to another - repeat repeat repeat . FFS anybody could do that, right !

[murraybasin] 08/1/2019 22:51

Must be down to Mikey No Mates then.

[donkey40] 08/1/2019 22:32

Well if Brexit impacts meaningfully on KMR share price, there is not much point of idiots like us trying to punt the markets...
And DT rhetoric, well that is designed to Make America Great Again, so that leads to domestic consumption (not regression). Ie increased demand for paint.

So, sorry, but all this market rhetoric and justification. - sorry but it doesn’t work for me in terms of why KMR share price is ‘stuck’

[donkey40] 08/1/2019 12:30

Any chance the hotter market might direct some attention this way ....

[murraybasin] 16/12/2018 11:29

- inflection -