Ncondezi Energy Share Discussion Threads

[ileeman] 13/1/2016 12:03

I bought back in on the dip might not have timed it perfectly but I would expect a big bounce soon.

Great news the other day or atleast I thought so.

[bones30] 13/1/2016 12:00

This was priced to go bust and now looks very much like that isn't the case. Buyers waiting in the wings for this to turn.

[412069] 13/1/2016 11:18

I've said once Brooks are gone were on the up again

[simon_64] 13/1/2016 11:05

bones

Judging by todays trading I reckon they got out yesterday any decent buying volume now and we should have a good run, just looks like a few bored punters selling.

[bones30] 13/1/2016 11:01

Brooks:

5. Date of the transaction and date on
which the threshold is crossed or
reached: v
09/12/15

So they went sub 3% in December after a big volume day.

If they continued to sell given the big volume we've had they must be nearly out, if not out.

[mcfifi88] 13/1/2016 10:49

Wondering how many buys are showing as sells? My little top up shows as a sell.

[cammy3] 12/1/2016 22:04

I'm sure we will see 33p and some this year easily

[euclid5] 12/1/2016 22:00

from Oct 2014 presentation

Strong cash flow generation

– Projected average annual EBITDA of >$130 million
– Projected net equity cash flow of >$2.0 billion over 25 years

$2b / 1.45 = £1.38b x 30% = £414m / 250m shs = NPV approx 165p less 80% discount for such early stage development = 33p

hxxp://www.ncondezienergy.com/uploads/ncondezienergy_investorpresentation-october2014vfinal.pdf

[cammy3] 12/1/2016 21:51

412 - well done. sent you a private message

[412069] 12/1/2016 21:42

Cammy, I've been saying that mate.
If like the last spike we should see a blue day tomorrow back to 6/7p hopefully.

[cammy3] 12/1/2016 21:27

Zak mir suggesting short term target of 10p with 5p being new support level

[cammy3] 12/1/2016 17:31

Nice bit of consolidation today. Fab price to get in at and good price to exit for those who purchased sub 2p

[recordz] 12/1/2016 15:37

The price now was support back in 2014, which broke last year.
8p was Resistance also.

[simon_64] 12/1/2016 14:46

bones

I understand what you mean totally and I also believe I understand why they have sold out.

[bones30] 12/1/2016 14:42

True. It's useful to try and understand what might be happening on the other side of a trade is all I am saying.

[simon_64] 12/1/2016 14:39

bones

Not trying to disrespect you at all, but I am invested in NCCL not Brookes so their reasons for their share sale are irrelevant to me apart from the fact that thanks to their internal issues I have been able to purchase shares in this company at knockdown prices.

[bones30] 12/1/2016 14:34

simon_64, it is relevant IMO.

Not wishing to be rude, but if the new people decide they want shot of certain investments then they just do, and to hell with the price.

I've seen it before.

I can't be sure that's what's happening here, but if it is, it can lead to extreme mis-pricing.

[412069] 12/1/2016 14:29

I thought Brooks only had about 2n left after the last there last rns.

[412069] 12/1/2016 14:27

Afternoon retrace on the cards lads.

[bones30] 12/1/2016 14:26

Yes but Brooks probably selling due to change of management. Hopefully this is the case anyway.

[simon_64] 12/1/2016 14:25

bones

If Brookes are done we could fly from here loads of buyers from the 1's and 2's taken profits. I bought in at 3.75 and 4.13 before news so I am holding out for alot more.

[bones30] 12/1/2016 14:17

Simon_64 - good work. I think you're right, bottom is in.

[simon_64] 12/1/2016 14:14

Just bought another 114k, hoping this is the retrace done.