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Share Name Share Symbol Market Type Share ISIN Share Description
Yellow Cake Plc LSE:YCA London Ordinary Share JE00BF50RG45 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -2.00 -0.62% 318.00 316.50 317.50 327.00 316.50 324.50 1,367,878 16:35:05
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Industrials 0.0 21.7 24.7 12.4 584

Yellow Cake Share Discussion Threads

Showing 326 to 348 of 925 messages
Chat Pages: Latest  25  24  23  22  21  20  19  18  17  16  15  14  Older
DateSubjectAuthorDiscuss
01/7/2020
17:48
Kazakhstan are now proposing to have a 2 week hard lockdown quarantine programme in respect of covid 19 starting on the 5th July, with the possibility of an extension. hTTps://www.inform.kz/en/government-comes-up-with-plan-to-impose-quarantine-on-july-5-president_a3668106
yupawiese2010
30/6/2020
07:12
A substantial increase in the Buyback - see RNS in Header
skyship
22/6/2020
20:56
Two senior members of the Kaz government have recently contracted Covid 19, according to Brandon Munro of Bannerman Resources their are clear indications there will be an extension of the shutdown which will be significant. Subject is discussed from 15.42 in podcast. hTTps://www.youtube.com/watch?v=eGUxfWi_feo&feature=youtu.be Supplementary details in respect of Covid 19 cases in Kaz. hTTp://www.xinhuanet.com/english/2020-06/22/c_139159003.htm?bsh_bid=5521433368
yupawiese2010
18/6/2020
19:36
Latest crux investors podcast with Brandon Munro. hTTps://www.youtube.com/watch?v=btpTKcGWS2U&list=WL The important information I took from the podcast is covid 19 daily confirmed cases at present are almost 5 times higher in Kaz than when they suspended mining operation. Whilst uranium mines in Namibia are considered by the country as essential services due to the fragile nature of their economy are operating. Covid 19 is rampant in the Country, ( my comment -I would be very surprised if mining is anywhere near full capacity ).
yupawiese2010
18/6/2020
19:36
Duplicate of above post
yupawiese2010
12/6/2020
07:37
I sold my YCA (and my Geiger) last week, kind of regretfully because they've both had an excellent run recently. It has felt, though, that Uranium has latterly run out of steam, to coin a phrase. Perhaps not for ever although old Ambrose did make (the expected) case very compellingly. I'm rather glad to be nearly all in cash currently though. Plenty of opportunities in the late autumn probably, yum yum.
kallistos
12/6/2020
07:28
It's an interesting article and has its place. The main part I'd argue with is: Back-up is still needed to cover intermittency but it will come from gas - clean hydrogen in the future - not from nuclear. Big reactors cannot be dialed up and down quickly to match needs. I think the term back-up is misleading. Nuclear is baseload supply. It is the 10-20% that is always being used. It never switches off. It just produces constantly. You can see that here: hxxps://www.gridwatch.templar.co.uk/ Great that UK/North sea is well placed for wind and great that electricity can be used to produce things like 'green' hydrogen through electrolysis. But the fact remains renewables aren't suitable to get all our energy from. In any case, the UK is a tiny proportion of global nuclear. The growth regions for reactors are China, India, Russia. The rationale for U3O8 investing is more to do with US reactors having to contract in 2020-2021...and that the price will need to be much higher than the current spot. The YouTube vid from YCA's CEO posted recently summed that up rather well I thought.
gb904150
12/6/2020
05:58
12358k - the article's author, A E-P is well-known by readers of the Telegraph for his sometimes eccentric views (he's been predicting the imminent collapse of the Euro and EU for as long as I can remember). His position on Hinkley Point is pretty mainstream now, though. I'm surprised this article doesn't draw attention to the alternative, small reactors of which Rolls Royce has produced a design. (He has mentioned these before.) https://www.rolls-royce.com/products-and-services/nuclear/small-modular-reactors.aspx#/ The technology doesn't require unwelcome Chinese (or French!) capability. Offshore wind - a number of other countries are pursuing developments: Germany, Denmark, etc., China and US (east coast), Taiwan, Australia. A broad continental shelf is needed of course. And you can have floating turbines! Batteries - look at market prices of lithium and cobalt! They're on the floor. There are no expectations of future shortages.
jonwig
12/6/2020
00:01
I really should have been paying attention to advances in wind power - I always saw white elephant written on offshore mega turbines. Maybe they're totally reliable and robust, who can tell .. Article smells of a heavy schmoozing by some wind power consultancy. My objections to the article are 1. Shale gas will never cover its costs and will deplete quickly. 2. Only the Uk has a Dogger Bank to build on. 3. Fanciful projections of rare earths, battery manufacture etc etc. I mean, I know the world can stay irrational longer than anyone can stay solvent...
12358k
07/6/2020
08:23
Will be watching for 198-200p level short term to add some more.
kr01
30/5/2020
08:09
CEO Andre Liebenberg video in which he is talking about YCA & the industry in general- length 28 min. hTTps://www.youtube.com/watch?time_continue=9&v=0K8-J4YLbe8&feature=emb_logo
yupawiese2010
28/5/2020
07:37
Hiddendepths, I agree completely. However, I have now bought as many as I dare, and having done so am impatient for the discount to close!
leading
28/5/2020
07:09
Uranium price seems to be moving higher again even as YCA drifts off a little. Anomalies like the rising discount do happen in companies like this from time to time. They are frequently excellent buying opportunities and I for one often take advantage! It's been a winning strategy over the years.
hiddendepths
27/5/2020
09:22
At these prices and something like a 28% discount to NAV, the Company might consider accelerating or extending the buyback. Could use gearing or even sell a bit of Uranium to fund it. Would seem to be in the shareholders' interest to do so.
leading
23/5/2020
20:23
JAF - thnx too - seems as though I'll decide to hold both as well.
skyship
23/5/2020
16:12
Hi Skyship I too hold Uranium P as well as YCA....my post 307 highlights the pricing anomoly between the two. See also graphs posted recently. My pricing targets very much align with yours.....fingers crossed!
jaf111
23/5/2020
14:01
QP - thanks for that. Seems to me that further discount compression is quite likely; couple that to the fundamentals and YCA surely likely to make further progress after this brief consolidation around the 220p level. I would suggest a brief pause at the historic 240p/250p resistance, then on into new ground toward 300p.
skyship
23/5/2020
08:17
Already discussed recently. See 243 to 249.
quepassa
23/5/2020
07:39
Hi all....I hold Uranium Participation in Canada; but only recently learnt of YCA - so need to take a look at the stats. I see that the last NAV statement was as follows: "Yellow Cake's estimated net asset value as at 20 March 2020 was GBP2.31 per share [3] . As at close on 20 March 2020, the Company's share price was GBP1.60 per share, which represents a 31% discount to the above estimated net asset value of GBP2.31 per share." Since then YCA has jumped 38% to 220p; but does anyone have a handle on the current NAV and current discount? Thnx
skyship
23/5/2020
00:14
Yes, this is what I’m doing on a Friday night! How’s your lockdown going?
bmcb5
23/5/2020
00:08
Bit more depth on the above, with comment on YCA toward the end https://www.segracapital.com/commentary/friday-night-musings-uranium-location-spreads-seasonality-and-what-were-watching-now “ One quick comment on the physical holding vehicles. We have seen some questions on why Yellowcake has not just sold their material at CMC and bought material at CVD, thereby enhancing NAV. First, this is a logical fallacy – their current pounds are worth ~$34 at CMC and they would be trading those for equivalent pounds worth ~$30 at CVD and $4/lb cash. The only way this would create value would be if the price at CVD then rises to match CMC which as outlined above may happen but is far from a certainty in the short term. You could argue that as a holding vehicle with no immediate need for pounds the gamble is still worthwhile – we’d just note that Yellowcake has traded at a 20-30% discount to NAV (~$100mm in mkt cap) lately and we’re highly skeptical that adding even $5-10mm to that value via an arbitrage trade really changes the value proposition for investors. Their discount is simply a function of having more sellers than buyers in a relatively illiquid stock – when that changes you’ll see the NAV discount disappear (and it will likely trade into a premium as holding vehicles have done in past rising uranium price environments).”
bmcb5
21/5/2020
12:15
Tend to agree with that. Boost to spot price is welcome, but it needs more than just Cameco to come to the party, otherwise there is no party
bmcb5
21/5/2020
12:14
Interesting comments by AlexMiningGuy this morning hTTps://twitter.com/AlexMiningGuy/status/1263292096217153536?s=20 #uranium - All is not well in the spot market! 3 issues: 1. By my numbers, Cameco was 40% of all spot buying in Q1. 2. The headline spot price everyone is getting excited about is the price for delivery at Cameco's converter but the price for delivery at the other major converters has not moved as much. Price at Converdyn or Orano is US$3.50-4.00/lb lower. Thats highly unusual. I've never seen an arbitrage of more than 25-50c between major converter delivery locations. 3. The forward curve has flattened markedly, ie, the 12 and 24 month prices are not moving up as quickly as the front month (where Cameco buying is concentrated). ...all this tells me the spot price has ONLY moved over US$30/lb due to Cameco buying. Admirable work by Cameco but they're now in a bind. They need US$40-45/lb+ to restart their mines, which will require more of an effort... what if utilities continue to hold back?... can Cameco muster the resources to punch through US$40/lb?... or does the price fall back? ...some musings. We're fairly defensively positioned at the OAM Uranium Opportunity fund!
bmcb5
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