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Share Name | Share Symbol | Market | Stock Type |
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Trinity Care | TYC | London | Ordinary Share |
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Top Posts |
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Posted at 15/2/2006 10:47 by simonbroughton plainz, one can hardly blame the management. On the face of it Antofagasta offered a decent premium to the share price yesterday.I had hoped that TYC would go all the way and that I would get a multibagger but I will have made nearly 50% in a couple of weeks and the management will have done a whole lot better than that. I hope that BHP Billiton will sit up and take notice and come in with a higher bid. After all it is a very big resource. |
Posted at 13/2/2006 17:56 by simonbroughton langland is correct.I spoke to John Harrison at Numis today and he told me that TYC are not raising any extra cash from the forthcoming float. The company wants exposure to the London market because Antofagasta is virtually unknown in Australia but listed in London and so investor interest was likely to be greater over here in the light of the Antofagasta deal. Where the Sunday Telegraph got £20m from I don't know unless they made an error and meant to say £50m. If you have a query the Numis number to ring is 020 7776 1590 |
Posted at 28/1/2006 11:22 by simonbroughton honeyjim,I use Gerrard. My guess for a price flotation on AIM would be as good as yours! I don't think they will have any trouble attracting subscribers for the float in view of the massive size of the resource and that they have signed a 50/50 JV farm in deal with Atofagasta who will fund the project. As regards my hopes for the next12-24 months. The current resource estimate stands at 12.3 million tons of contained copper and 20.9 million ozs of gold. TYC will get 37.5% of that assuming that they fight off the hostile bid attempt from skafell and the deal with Antofagasta comes to fruition which I think it will. I won't put a figure on it but I think there is huge upside potential here when you consider that the current market cap is only about £44m |
Posted at 27/1/2006 22:32 by simonbroughton HABAYYUT,An Investment Savings Account can be opened with any broker. I would recommend a self select ISA which means that you make all the investment decisions. You are allowed to put in up to £7,000 per annum and any future profits you make are tax free. IMHO it is the best way to establish wealth but you can't offset any losses. Opening an ISA can be done online with squaregain for example. that would be cheaper than, say, my broker but I don't know whether an online broker would cover global trading. You would have to speak over the phone and sort out what you want but you should do what you want to do and not what they say would be best for you because that, in reality, is what's best for them! In answer to your second question. Antofagasta has already signed a 50/50 JV agreement with TYC and that includes the buying out of the BHP Billiton claw back agreement, funded by "Fags" Please go through the website, it's all there. Also you can set up a watchlist on ASX. Both links are above. |
Posted at 27/1/2006 00:40 by durgoid Simon, I agree, it looks a good prospect.Followed you here after seeing your post on JKX board. Have been reading up on TYC due to my interest in Crosby (CSB). Excellent article on your 'allnewissues' link above. Many thanks. (Are you buying in on the 28th Feb.? & what price do you reckon it will start?) |
Posted at 26/1/2006 23:28 by simonbroughton Listed on ASX and due to float on AIM on or about Feb 28thShare Price Graph: |
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