Mc Mining Share Discussion Threads

[ianio5691] 09/1/2018 15:24

1 trade... RNS due?

[2bozmo] 06/1/2018 13:50

Anyone recommend a broker to trade on JSE? My London broker doesn't offer that service but have suggested Saxo Bank

[ianio5691] 28/12/2017 11:02

Thanks for the charts mawc. Jus t need some of the many promises to materialise and a steady rise now.

[melodrama] 21/12/2017 14:34

Many thanks for the update m8. Have a great Xmas and 2018. Cheers Mel

[2bozmo] 21/12/2017 08:17

Brief notes from AGM - left out some confidential bits. Most excited David Brown has been about project.Land access should be sorted this month, conclusion of court process;Have access to land -> get ready for mining;Uitkomst - been a great purchase, profit is up, generating lots of cash and outperforming budget;Demand great - can't produce enough;Still looking for 2nd CGA - performing due diligence on 2 potential targets but criteria very tight;Vele decision in March. If decide to sell then Uitkomst almost cover operating costs;Makhado Take-off agreements finalised in Q1. In discussion 3 big names, could have sorted already but looking for better deal;Chinese massively keen to get Makhado up and running, will provide additional finance and will help with Vele if gets Makhado moving;Financing to be sorted out in next 6-months;Local population are excited about MakhadoNOMR to be granted for 3 GSP mines - surround the SEZ so will be huge. Demand 5m tonnes/year on doorstep;New CFO is great, look at what she did at Impala;Wealth of mining experience;Loving coal prices;Happy Christmas!!

[mawc] 19/12/2017 10:33

Done - I think. Good to see this back closer to the pre-consolidation price. A lot more to come I think.

[ianio5691] 19/12/2017 09:17

Any chance of some graphs in the header mawc...? :-)

[phil0001] 19/12/2017 09:15

Iron ore, coking coal prices are soaring

[melodrama] 19/12/2017 08:51

added more but difficult, even in small amounts, to get the quoted offer

[melodrama] 15/12/2017 14:05

1st time buyer today, ridiculous drop because of consol. Hope this comes good for all you LTH.

[mawc] 15/12/2017 14:02

The company has no explanation for why it dropped from the post consolidation price of 45p to 33p just on the name change on so few trades. Slowly edging it's way back up but I think that will take some time as it is so far off the radar. It doesn't help that ADFVN still show the history of the old Motivcom.Needs some news and PR - hopefully not that far off - but it's an awfully long way back up!

[mawc] 14/12/2017 10:54

So more of the same or a fresh start with potential?

[praipus] 02/7/2014 09:43

fus (floatupstream) I was hoping you were going to reveal a systematic approach to investing which lead to enormous wealth and happiness. Not misery and a lower share price:) Following Slaters in and out has been mostly profitable with only a few exceptions which of course this looks like one at the moment:(

[floatupstream] 27/6/2014 19:34

Hmmm, optimistic putting it mildly. Trading first half to 30 June 2014 below board's expectations with revenue to be heavily weighted into H2. Apposite to say this is "mainly a timing issue", which equally now applies to buying in.

[floatupstream] 21/6/2014 14:10

I think doesn't quite fit as a Zulu due to small contraction of the business through the recession. Historic PEG 1.1 and Rolling PEG 0.35, which is based on 1 broker forecast EPS 2014 of 13.10. Does that look about right, or optimistic?

Praipus - yes, but it's the opposite: Negative Nudge. Consider a group of shorters trying to influence behaviour by building negative sentiment through social media, or the MMs creating fear with a tree shake. They probably don't have my best interests at heart!

[johnv] 05/6/2014 09:21

Cant understand why Slaters bought this, when on digital look its giving a PEG of 1.1. not usual Zulu peg of 0.7 or less

[praipus] 21/5/2014 21:02

Slater Investments think so too increasing their holding to 5.38%


floatUpstream have you used "Nudge" (behavioural insights to assist you with stock selection elsewhere?

[floatupstream] 06/4/2014 21:39

Big drop puzzled me until I saw it went ex-div. This looks to be a solid company on un-troubling valuation; now on watch-list. One of the things that could lead to revenue growth here is the trend in using behavioural insights to shape peoples' actions becoming more mainstream in the private sector. Recommend "Nudge" by Thaler and Sunstein.

[praipus] 04/3/2014 13:33

Slater Investment joining the share register now holding 3.27%


I attempt to track their holdings on the WAM thread


Are MCM making enough noise to get noticed by WPP? :-)

[glasshalfull] 27/9/2011 20:35

I had a lucky escape as steg will testify. Bought in high 90's and following further research immediately sold out only a few pence worse off after coming to the conclusion that they are a reasonable bellwether to the economic climate and indeed sentiment. Given the clouds of doom I actually expected a softening at best and concluded I was better out.

The results were far worse than I anticipated with profit warning to boot. Decent company but other than bid materializing I can see these slipping further back.

Close shave. Phew ;-)

Regards
GHF

[stegrego] 27/9/2011 17:55

Struggled to see how this business was going to keep going at the rate it was, in this climate.

Results show it can't and won't. I think it got to 140 purely on the basis of the chart and previous Zulu characteristics.

75p is still being generous IMO.

[glasshalfull] 15/8/2011 22:10

Summary of rationale behind purchase.

Having touched 143.5p at the end of April 2011 & remained a touch under 140p for the following few months, this is another share that has fallen over 30% in under 1 month.

Sitting on a Market cap of £28.8m with fantastic cash generation & net cash of £6.2m (31/12/2010) which increased from £1.8m net cash as at 31/12/2009. Speaks volumes about the business.

Bolt on acquisition which is "Earnings enhancing" in current year and forecasts increased by Numis in June suggesting 12.5p EPS (£5m PTP) for current year...17% growth y-o-y & prospective PER of 7. Far too cheap.

Growth forecast for 2012 c. 10%.

Oh, throw in a D/V yield above 3%....enough said.

Regards,
GHF

[glasshalfull] 15/8/2011 12:42

Looks good value to me sub £1.

I've taken an initial position this morning and will post further later on.

Regards,
GHF

[hitchinhoncho] 29/7/2011 16:37

Indeed, fortunately I didn't buy it. But I did get into KIO which was tipped in the latest IFG, let's hope it fares better.

[freshvoice] 27/7/2011 10:55

whoops looks like Investing for growth got this one wrong