Nova Res. Share Discussion Threads

[moreforus] 22/3/2013 08:53

lol ...IF they deliver those numbers its the steal of the century

[king suarez] 22/3/2013 08:46

Well under radar I think?

Should be a £15-20m cap company when profit figures are announced?

[moreforus] 22/3/2013 08:44

the option is due for exercise very very shortly news on that = antoher 11 mill usd revenue...

[moreforus] 22/3/2013 08:44

180k vs 700k less cost of fuel and 50 loyal Mongolians!

[king suarez] 22/3/2013 08:39

More contracts easily available, just need capital to fund truck purchases..

[king suarez] 22/3/2013 08:38

Trucks cost $200k. Revenue just under $800k per annum. Margin 25% on $30m revenue!

[king suarez] 22/3/2013 08:25

$12m revenues from 16 trucks.. the contract will require upto 60 trucks eventually = $m?!!!

[king suarez] 22/3/2013 08:23

Interview for anyone interested:

[moreforus] 22/3/2013 08:15

jam today!

[christianf12] 22/3/2013 08:13

Can't buy more than 1k shares at 3.5p

That is £35 worth

If a few fill or kill orders come in it could get interesting.

[moz8] 21/3/2013 21:54

Next stop 5p.

[christianf12] 21/3/2013 15:37

No stock available at 3.5p

Fill or kill orders should work in 20k lots at offer price

[christianf12] 21/3/2013 15:14

mm's trying a shalke on no trades.

Still 3.6p to buy.

[christianf12] 21/3/2013 14:33

3.6p to buy, anyone know how many you can get?

Can see us closing at days high and then a further kick on up tomorrow.

[king suarez] 21/3/2013 14:32

I don't know how up to date the website info is, but the company initially purchased 16 trucks to transport 1.5m tonnes of coking coal for the first year. They have an option to boost this to 32 trucks to transport 3m tonnes of coal.

Haven't seen any news to suggest they have increased the no.of trucks yet? So I will assume still at 16, generating $11.2m - $15.2m annual revenue depending on whether you go with $700k p/a from this website (below) or the one CF linked!?



I would temper expectations for £5m profit for the first year. I think this would be based on 32 trucks. But even a couple of million would be exceptional for a company with no debt, small market cap and massive growth prospects with the coking coal industry in Mongolia. As they report, infrastructure is non-existent so trucking remains the only viable transport method. Therefore you can see the potential here, if the contracts are anywhere near as lucrative as forecast!

KS

[inside2] 21/3/2013 14:32

It certainly looks good.

[yas27] 21/3/2013 14:17

Looking forward to results. GLA.

[christianf12] 21/3/2013 14:11

A p/e ratio applied to £5m in profits would be £50m or 50p per share.

[christianf12] 21/3/2013 14:10

sportsauto 21 Mar'13 - 14:08 - 233056 of 233056

NOVA
....US$8 MIILIION profit forecast in the first year, 2012

Nova will be initially operating with a fleet of 32 trucks and 64 trailers, with loading capacity of 140 tons for each truck. The agreement offers a competitive freight charge of US$0.08 per ton per kilometre, which would generate around US$950,000 revenue per truck per annum. With this, the company expects to target approximately US$30 million in revenue and US$8 million in net profit in the first year, 2012. Nova arranged a temporary camp to support the early stage of trucking operation, while the construction of permanent camp is being setup. Nova plans to increase its fleet size significantly in the succeeding years.

[joosepi] 21/3/2013 14:05

Nova Res. Share Price - London South East
shareprice=NOVA
London South East Logo | UK Share Price information .... Daniel Stewart retained its "buy" stance on Nova Resources (NOVA) with a target price of 11p. ... Stewart believes that Chinese demand for Mongolian coal will rise dramatically, noting mining research consultant Wood Mackenzie's forecast of 394% growth by 2015.

[christianf12] 21/3/2013 13:46

26 posts on this thread since it was started and it's the only one for NOVA on advfn.

Talk about being off radar.

I'll keep adding and sell when people are ramping it at over 20p soon.

[king suarez] 21/3/2013 13:27

Last half year results were 25 Sept, so would make sense...

Company seems v cheap if projected revenues/profits are correct!?

[j2bull] 21/3/2013 13:15

CF12 am i right in thinking that NOVA have half year results due in the next couple of days?

[christianf12] 21/3/2013 11:40

Cheapest co on AIM

£5m profits this year against a £2.5m cap????