Yellow Cake Share Discussion Threads

[yasx] 28/10/2020 11:32

Buyback almost done - best way to determine the impact is to assess the gap to nav at start compared to the same metric at the end. On that basis it looks to have been a complete failure. There appears to be very little interest in uranium plays for now, but I have long held the view that this might change and markedly so at some point in the future. Question of when rather than if. Until then, will tuck these away and let events take their course.

[gb904150] 21/10/2020 08:20

albo76 - thanks for the link. It's an excellent podcast from start to finish. as for other links - these are better, directly from the source: hTTps://macrovoices.podbean.com/e/macrovoices-241-mike-alkin-guy-keller-uranium-special/? or if you prefer a transcript: hTTps://www.macrovoices.com/podcast-transcripts/899-mike-alkin-guy-keller-uranium-special - transcript Two very knowledgeable fund managers. Can't argue with the points they make. You could saythey are talking their book as is to be expected, but the fundamentals they allude to suggest a very positive U setup over the next few years.

[snowyflake] 21/10/2020 06:42

albo - Thank you. Any chance of posting a link which we can open?

[albo76] 20/10/2020 09:46

Great podcast on upcoming uranium fundamentals. I'll be buying some more. Mention of YCA towards end.hTTps://podcasts.apple.com/gb/podcast/macro-voices/id1079172742?i=1000494899064

[texaspete2] 08/10/2020 06:14

Re RNS today, I make that c.276,000 shares still to be bought in the buy back programme

[yasx] 30/9/2020 10:32

Have taken a few more - at below 200p, and notwithstanding the fact that the buyback has failed to bridge the gap to NAV, this fall is overdone.

[bmcb5] 09/9/2020 10:30

I picked up another chunk this morning, taking me to a nice round number. I'll probably pause here for a while. I'm heavily invested in the upcoming uranium bull market already. My focus shifts to increasing my gold position.

[jaf111] 08/9/2020 15:25

Can someone explain Price is weak (& has been most of the day)......quote currently 211.5 / 212. But can't seem to be able to buy....one broker quoting 220 for 1000 shares, the other not giving a firm price?????? Ridiculous.....

[leading] 08/9/2020 13:20

Depends on your timescale I suppose. I suspect that in a couple of years time, buying in stock on a 20% discount based on a U3O8 price of $30-32 will look like a pretty good use of funds.

[swanvesta] 08/9/2020 12:14

The buyback failed if you think it was designed to help holders exit, succeeded if you think it was designed to buy assets cheaply.

[yasx] 08/9/2020 09:51

Since the buyback has essentially failed (probably due to the fact the amounts purchased were insufficient), a further buyback campaign of a similar amount would be useful, though i think it unlikely they will embark upon the same.

[2xs] 04/9/2020 06:19

The relevant metrics are the ones existing when you made the statement that the buyback has not had much of an impact closing the discount. Personally I believe that reducing the discount from 30% to 14% was considerable.

[yasx] 03/9/2020 23:35

Not so 2xs - based on the current metrics this has failed to achieve the desired impact.

[2xs] 02/9/2020 08:12

On 30 June when the company announced the increased buyback the discount was trading around 30%, now its around 14%. It has also considerably narrowed the gap in discounts between itself and UPC. Strikes me as very successful. They also picked almost the high ($33.25/lb) to sell inventory.

[yasx] 02/9/2020 08:01

I think another buyback effort of a similar magnitude might have the desired effect. Perhaps unlikely to that this would be undertaken..

[jaf111] 02/9/2020 07:36

Agreed....the company made a great play about the enhanced buyback but clearly the substantial discount remains. The recent subdued U price, coupled with the weakness of $ vs £ would appear to have worsened sentiment at least in the short term. IMO the long terms attractions remain as strong as ever so just keeping patient!

[yasx] 02/9/2020 07:15

It would appear a more substantial and aggressive buyback campaign is required to bridge the gap to NAV since by my assessment the existing campaign is nearing the end now (ought to complete this month) and has not had much of an impact.

[johnv] 25/8/2020 08:43

Moving in the right direction now. Is there a reason why they can only buy 60k number of shares per day and no more.

[lord mandelbaum] 19/8/2020 12:39

That's excellent news for our tribe. It's about as explicit a statement they could make about cutting production because the underlying price is too low. Bravo Kazatomprom! I'm going to buy a few more YCA plus will top up some of the Uraniuum miners I already hold.

[yupawiese2010] 19/8/2020 11:40

Kakatomprom production schedule. hTTps://cutt.ly/7feny6i As one can observe they are not going to ramp up production to attempt to recover the lost lbs due to lock-down

[jaf111] 17/8/2020 06:59

Following on from Telegrahp tip, now Punt of the Week in Daily Mail (15 Aug)...

[3rd eye] 12/8/2020 14:27

Tipped in the Telegraph yesterday.......... https://www.telegraph.co.uk/investing/shares/questor-leader-industry-marches-tune-take-bite-yellow-cake/

[3rd eye] 12/8/2020 14:19

Gosh dont know how you guys can stand this heat and post away like today. Its absoulutley scorching here. Anyway YELLOW CAKE (uranium) YCA, last reported NAV £2.77p per share market share price today £2.16p per share and big supply problems to hit the industry in the coming months.No problems with YCA SUPPLY. share price should rise considerably but you will have to be patient. Read the last YCA update below....... https://www.investegate.co.uk/yellow-cake-plc--yca-/rns/quarterly-operating-update/202007290700104451U/ Ive taken a medium sized trade out.

[jaf111] 11/8/2020 06:40

Daily Tel Questor tip....