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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
  4.50 1.15% 395.00 394.00 395.00 397.00 390.50 392.50 742,649 16:28:58
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Industrials 0.0 21.7 24.7 16.0 607

Yellow Cake Share Discussion Threads

Showing 401 to 425 of 825 messages
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DateSubjectAuthorDiscuss
25/1/2021
11:00
2.43p of £2.43 NAV? I'll take the latter!
jaf111
25/1/2021
10:32
In light of today's Update & the 243p NAV as at 22/01; I've bought back my other half today....and a few more on top so as to hold a 6% allocation
skyship
22/1/2021
13:26
Realistically, I don't see any major change here, until utilities start contracting in earnest. That could still be some time away, so patience is needed. But I suspect that any significant utility buying will move the U price very quickly toward $50, with obvious impact here. I am continuing to use this time to steadily accumulate, expecting nothing in the short term, but confident that once it moves, these levels will be left behind very quickly indeed.
bmcb5
22/1/2021
13:05
Also bought in today; the sell off seems well overdone to me and this could either be a swing trade or a longer term hold depending on the rapidity of the greater Uranium price reset.
lord mandelbaum
22/1/2021
09:28
Yes, reckon I'll wait for the other half....
skyship
22/1/2021
09:25
....Even cheaper to buy now!!!!!
jaf111
22/1/2021
07:40
"Great minds....." Skyship, although I got mine at under 225p!!
jaf111
21/1/2021
19:00
Bought half my YCA back at 227.9p...more tomorrow perhaps.
skyship
11/1/2021
13:59
To answer my own question, the NAV as at 5th Nov'20 was stated in the presentation as 251p; then in the Interim statement it was stated as 2% lower at 246p. So basically the discount has been absorbed by the buybacks and perhaps a few new buyers on the back of the recovering Uranium spot price. I would expect these to trade back to a 5%-10% discount - 227p would seem a good re-entry point for those who exited on the back of the 20% rise in Nov/Dec. free stock charts from uk.advfn.com
skyship
31/12/2020
10:11
Anyone have a handle on the likely current NAV?
skyship
24/12/2020
08:58
Good steady rise in u spot, let’s hope it continues. Dyor etc. Etc...
energiser01
16/12/2020
15:48
someone bought over a million shares today
sea7
16/12/2020
10:06
copied from another poster on another board... Canaccord comment 290p target Uranium - Second suspension at Cigar Lake: Yesterday Cameco announced a second suspension of production at its Cigar Lake mine in northern Saskatchewan following three reported cases of COVID-19 and concerns with respect to accessing qualified and skilled workers for critical roles at the mine. => 13% of global supply: Cigar Lake is owned 50% by CCO and is the world’s largest operating uranium mine, producing ~18mlbs U3O8 per annum at capacity (representing ~13% of global uranium supply). CCO previously announced a temporary suspension of production at Cigar Lake on March 23; this suspension was followed shortly thereafter by a production suspension at Kazatomprom’s ISR operations in Kazakhstan. These suspensions triggered a rally in both uranium spot pricing (reaching a four-year high of US$34/lb) and global uranium equities, up 254% since March 23. => Potential impact - Further tightening of supply: We now forecast total primary mine supply of just 111mlbs U3O8, a level not seen since 2008. Including secondary sources of supply, we anticipate an overall market deficit of 28mlbs U3O8. Furthermore, we believe there is a high probability that COVID-19 impacts on production continue into 2021. => Cameco likely to increase spot purchasing: With lower production from Cigar Lake due to another suspension, we believe it is likely that CCO will enter the spot market again and increase spot purchasing to shore up inventory levels and ensure deliveries for 2021. We remind investors that Kazatomprom, the world’s largest producer of uranium, is also active in the spot market for the first time ever. => Upward pressure on pricing and equities: With a further tightening in supply, and a forecast increase in spot market activity, we anticipate upward pressure on uranium pricing and equities. We note that global uranium equities are already up 71% YTD. => Preferred equities: In Canada, our preferred equities include NexGen Energy (NXE-TSX: C$3.29 | SPECULATIVE BUY, TP C$4.00), and physical fund Uranium Participation Corp for pure-play commodity exposure (U-TSX: C$4.60 | BUY, TP C$6.25). => In Australia, we prefer Paladin Energy (PDN-ASX: A$0.25 | SPECULATIVE BUY, TP A$0.20) and Boss Resources (BOE-ASX: A$0.08 | SPECULATIVE BUY, TP A$0.13). => In the UK, our preferred exposure is Yellow Cake (YCA-AIM: 224p | BUY, TP 290p).
sea7
15/12/2020
17:15
I have absolutely no knowledge of Greg Barnes track record, who is an analyst with TD Securities, but he feels that Cigar Lake restarting production could be several months away. ( scroll down to the last paragraph in the article ). hTTps://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/uranium-poised-for-price-jump-after-2nd-cigar-lake-closure-analysts-say-61736145
yupawiese2010
14/12/2020
17:05
Cigar Lake to be put back on care & maintenance again, due to Covid. hTTps://www.world-nuclear-news.org/Articles/Cigar-Lake-to-enter-second-COVID-related-suspensio hTTps://www.globenewswire.com/news-release/2020/12/14/2144564/0/en/Cameco-Temporarily-Suspending-Production-at-Cigar-Lake-Mine.html
yupawiese2010
11/12/2020
09:56
Featured on Investor's Champion: With increasing investment in nuclear – China is expected to more than double nuclear power capacity by 2030, India has plans for a further 21 reactors by 2031 and Poland is also moving forward with a $40bn plan to build a first nuclear power plant – Yellow Cake could be an interesting play on the sector.
energeticbacker
09/12/2020
08:05
US strategic reserve of Uranium receives Senate approval: https://smallcaps.com.au/uranium-stocks-take-off-us-senate-committee-strategic-reserve/
skyship
08/12/2020
13:16
The Framework Agreement with Kazatomprom is intriguing. YCA has an option to purchase up to US$ 100m of U3O8 at spot price in each calendar year to 2027 inclusive. At the current price of around $30 that is about 2.2% of the entire global production of U3O8 of about 150m lbs prior to Covid. Actual production in 2020 is likely to be around 120m lbs so its an even greater proportion of that. YCA would love to issue shares at a premium and buy more U3O8 (thereby tightening the market still further) and no doubt will do so in future. Not possible, well not acceptable to current shareholders at present, as the shares are trading at a frankly inexplicable discount to NAV. But what if there is a utility out there which is getting nervous about the depth of the spot market? They could underwrite YCA's exercise of its option and pay a commission to YCA on top to provide itself with security of supply. Remember that this option recurs annually through 2027. The option provides a great degree of "optionality" to YCA. I don't know how you would value it, but I would be surprised if the profits arising from the option as it is exercised over the next few years were not sufficient to cover the operating costs of the business through 2027.
leading
07/12/2020
12:57
Looking positive @SM. It would be nice if the move in producers were to be underpinned by a move in the commodity price. I wonder how long this discount to NAV will last?
bmcb5
07/12/2020
10:10
Nice to see all the Canadian uranium producers move up strongly at the end of last week, and YCA/GCL. We might finally be seeing a re-rating get underway...
strollingmolby
30/11/2020
19:50
Uranium Royalty corp, talks about its holding in yellowcake as well as other plans.. hTTps://www.uraniumroyalty.com/_resources/presentations/corporate-presentation.pdf Dated November 2020
sea7
29/11/2020
19:46
eysenck - yes a very simple model and well communicated.
sea7
28/11/2020
00:44
Given the Co. has only bought back less than 5% of the shares and that it has authority to purchase up to 10%, I think that they ought to have engaged in a larger buyback. No point blathering on about an unjustified discount to NAV if you don't back it up by buying your shares.
yasx
27/11/2020
15:13
Sea7, I thought Liebenberg gave a very calm, polished and convincing presentation. He made a strong case for the simplicity of the business model.
+eysenck
27/11/2020
14:03
I've taken a position here. Very positive from all angles.
inthemix
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