Sierra Rutile Share Discussion Threads

[donk4] 20/7/2015 15:02

Pala added in April as did some directors. Pala are turnaround specialists and like to exit for a profit. The share price was over 80 pence last year. We do not know how far the purchaser of the company who made the approach was prepared to pay but it is unlikely that the iis and Pala will exit for less than a £1 per share.

The company is undervalued as it stands and the share price will rise.

[dr_ex] 20/7/2015 14:17

yep, worth loading up if it goes any lower

[donk4] 20/7/2015 14:14

That explains the weakness in the price?

[donk4] 20/7/2015 10:20

I must say that I am surprised. Numis were appointed according to the ceo to market and get the share price up. J Sisay is after 45 pence by end September. He told me at the agm that the stock/company is undervalued. A poster on LSE added 70K + on Thursday - he stated so on that bb. I added some last week. The company is not now or earlier affected by Ebola. Costs are down; production up.

[paulturner006] 20/7/2015 09:32

What's with the price slide?

[donk4] 07/7/2015 09:28

One would hope so but suppose that there were an increase in the sale price of the rutile product? Now that would do something given that costs are back under control and product produced is up.

[paulturner006] 07/7/2015 09:12

Good report. Will this help the sp?

[donk4] 06/7/2015 13:07

Well, a good Q2 report. Costs down. Need a higher rutile price.

[bossman1978] 06/7/2015 12:14

That's the question we would like to know

[paulturner006] 30/6/2015 21:34

What sort of news?

[donk4] 30/6/2015 21:30

The volume started yesterday late. It does look as if something is brewing. However best to be patient.

[bossman1978] 30/6/2015 21:06

News coming??

[paulturner006] 30/6/2015 20:46

Any further thoughts? Large volume today for this sp? New broker as well ?

[donk4] 29/6/2015 11:06

a) list on main market or

b) since Investec are an investor plus broker to the company and if something is brewing there might be a conflict of interests (this is an idea which should be credited to Gibraltar1 on LSE)

[kevroppa] 29/6/2015 07:19

RNS Number : 4368R
Sierra Rutile Limited
29 June 2015
Sierra Rutile Limited
Appointment of Joint Broker

London, UK, 29 June 2015: Sierra Rutile Limited (AIM: SRX) ("Sierra Rutile") is pleased to announce the appointment of Numis Securities Limited as its Joint Broker, alongside RBC Capital Markets and Investec Bank.

Anyone any idea's why they would appoint another broker?

[donk4] 17/6/2015 17:15

Just in from an outing. Thank you StoneFold. I had been looking on the company website and must have missed it. Last looked a couple of days ago and in frustration wrote to the PR company.

[stonefold] 17/6/2015 14:19

Annual Report to year end 31-12-2014 (dated 26-03-2015)


-------------------------

Notice of AGM (dated 09-06-2015)

AGM 07-07-2015 London

[paulturner006] 17/6/2015 13:21

Thank you for the well thought postI think is SL is declared Ebola free that must help - it must have been a factor in the previous fall in sp

[donk4] 17/6/2015 10:43

awaiting the release of the annual report and date of the agm.

Pala added substantially in April as did certain directors who are also directors of Pala. Therefore they saw the price as too low; we know that SRX is a recovery situation following Ebola and a downturn in rutile prices. According to Al Jazeera Sierra Leone may announce in July that the country is Ebola free which imo is bound to benefit SRX.

Are Pala looking forward to a return in the form of a sustainable dividend (Sisay keeps mentioning that sustainable dividends will be the order of the day) or are Pala looking to bid for SRX themselves having found out a price acceptable to the institutions or having done that are they lining up a third party bid?

[paulturner006] 16/6/2015 23:44

What is going on here?

[wilk1] 10/6/2015 14:56

Market makers were just playing the chart game and also seeing if they could pick up some cheap stock. 35p next stop, climb aboard peeps.

[donk4] 10/6/2015 13:09

PT - it is possible that Pala were adding early afternoon yesterday with those 25K buys but I could be wrong.

Anyone got access to a reliable site giving rutile prices and forward estimates.

[paulturner006] 10/6/2015 12:52

Think it's really going to head up? The dip surprised me as there appeared to be no reason

[donk4] 09/6/2015 13:14

Added myself. Could not resist the dip.

[wilk1] 09/6/2015 12:55

Tested support and off we go to 35p. Silly sellers !