South China Resources Share Discussion Threads

[stuart14] 19/4/2008 17:42

Any future left here?

[andy] 02/4/2008 20:44

nobull,

"could" And "if" are he petinent words there IMO!

Matt has disappointed thu far...

Good luck to you.

[arf dysg] 01/4/2008 16:25

Slap me with a slippery kipper!

[wolstencroft] 08/3/2008 17:39

I like South China Resourceless, main project Dunfindin, purchased from Copped-out Developments. Board Alasthere Aintone, Nothin Makin and Steven Elated (after all I think it was he and Nothin as Copped-out Developments' shareholder and beneficiary who sold Dunfindin to SCR for 36m SCR shares).
.....

[kimboy2] 08/3/2008 02:20

I thought Stephen Leithead sufficed.

[ananinginainana] 08/3/2008 01:38

Managing Director - Nothin McMahon

[andy] 07/3/2008 23:59

Or South China Resourceless

[robward] 01/3/2008 13:03

They could call it "South China No Resources"

[davethechef] 01/3/2008 12:22

Changing its name would be a start; misleading!

[roks] 29/2/2008 22:56

Is there any sign of life in this?

[arf dysg] 26/2/2008 13:59

An anagram of South Africa is

I has fur coat.

or,

I has four cat.

Maybe that means you can make a fur coat out of four cats?

[theshareguru] 26/1/2008 11:50

at this price scr worth a chance, south africa could spell uranium !!!!

[wolstencroft] 16/1/2008 14:19

I feel such a fool selling 100k yesterday.....just 100k left now

[nobull] 13/1/2008 12:58

Sagem, I think it is fair to say that investors' expectations have not been well managed by the Board and there is a perception they have not controlled costs as well as they might have. On the other hand, some of the Board are in charge of another company, BMN (Bannerman Resources), which has a pleasing share price trajectory, but of course any sophisticated investor knows that share price performance in the short term is not necessarily a reflection of the competence of the Board. I don't know what the rules are about delisting from AIM if you haven't got a project (there is time limit a company can be listed as a cash shell?). I think I've seen you on the AIMR thread: I'd have thought that was a better place to put money, especially at a share price below 6p: there maybe one more dilutive placing before Perkoa comes on stream (zinc price has fallen so even if it was fully funded before to production it perhaps might not be now). The row with the major shareholder seems to me typical of someone who was screwed in the last placing. (Perkoa will get into production? Nothing to worry about?). I don't know whether SCR will come good or not. It is valued at twice cash? In relation to the stocks I'm interested in and have tipped above, you should do your own research. There are of course stacks of interesting stocks outside the natural resource sector that are starting to look good now that we have been in a bear market since last April/May. Bombed out retailers, housebuilders, staff recruitment agencies, leisure stocks, etc. Within about 9 to 18 months they should all turn (if you pick ones that don't have excessive borrowings and operational leverage). We will be in the depths of a recession then. All IMO. DYOR.

[sagem] 13/1/2008 09:19

WHATEVER IS THE MATTER WITH THIS COMPANY AND SHARE PRICE........ITS GONE FROM SOMETHING TO NOTHING, IS IT EVER GOING TO GET BETTER ANY VIEWS WOULD BE WELCOME

[nobull] 11/1/2008 23:57

Well there are plenty of good stocks IMO to make it up back on: Oxus, a gold producer that is more a litigation play (in the short term) than a mining play (and with bags of dilution risk that could be reduced if the litigation comes good), TSG, a "near" producer of gold that is a funding announcement play (in the short term: bust or double your money before the end of March) + it has a potential life of mine extension, which may be apparent in the forthcoming drill results on a satellite deposit, and then there is FRR, a mega punt on a wildcat exploration well in Georgia (1 in 4 chance of success) that could make it a 20 bagger (downside is lose 75% of your money, in the first instance). I am interested in all of them. Good luck. Forgot to mention UCL.AX but it only appeals to loonies like myself, although it has a first class board of directors with 3 very big hitters for an £8m company: Norman Lamont, Dr Reid and the CEO of Lundin Mining, but it is a political play/litigation play although it theoretically is entitled to 47% ownership of the largest undeveloped zinc mine in the world, and Iran is signed up to the enforcement of arbitral awards, the New York Convention (although they still hang people from the traffic lights in Qom without a blindfold in front of gawping onlookers and the company has to meet world equator environmental standards to protect endangered wild life near the zinc mine.

[simon54] 11/1/2008 23:41

Yup - it's the Inland Revenue that's been the real loser with this share I say ;-)

[wolstencroft] 11/1/2008 18:44

likewise I have sold most of my remaining 650k at
a loss - 40% offsettable against tax as opposed to 18% from April

[nobull] 11/1/2008 17:48

The 120k sale today at 15:13 is 99% likely to be mine. That is the price and time I left my order on for. Still retain a couple of thousand to attend the AGM! Helps reduce my tax bill. But will I be buying these again? Probably not.

[nobull] 07/1/2008 17:20

T.P. Lol. Found it now. The envelope in which it came was so thin, I hadn't registered it could be an annual report, so of course hadn't bothered to open it. Apologies SCR.

[tippingpoint] 07/1/2008 11:11

Adit investigations into the stationery cupboard revealed evidence of an annual report in December, but on detailed investigation the annual report appeared to have disappeared!! lol

[nobull] 07/1/2008 10:51

Still not received my annual report yet:

South China Resources PLC
28 December 2007



SOUTH CHINA RESOURCES PLC
(the 'Company')

Posting of Annual Report & Accounts


The Company confirms that its Annual Report and Accounts for the year ended
30 June 2007 were posted to shareholders on 28 December 2007.


An electronic copy of the Annual Report and Accounts is also available on the
Investor Relations section of the Company's website at

www.southchinaresources.com


For further information please visit www.southchinaresources.com or enquire to:


South China Resources plc

Tim Horgan [phone]


Nabarro Wells & Co. Limited

Hugh Oram [phone]


Parkgreen Communications

Beth Harris [phone]


This information is provided by RNS
The company news service from the London Stock Exchange