Zincox Share Discussion Threads

[chrisdgb] 31/5/2013 09:14

Still think we should be thinking of50p.....

[propercharlie] 30/5/2013 11:04

yes he took that position before the start of the performance test. He would have been unable to have taken the shares if there was any significant news which he knew and we did not, but that would not include his estimate of how the final modifications to the equipment are going. So IMO he must feel that the equipment is more than likely to deliver on the upcoming performance test (PT).
If one follows the logic then that means that if the PT is satisfactory STAN will provide funidng for KRP2 and the model is proable and scalable.
What then is the share price worth?

[granitetim] 30/5/2013 10:45

A £200k investment by the CEO is enough for me to have confidence!
Traded to a nice position now and holding!

[loganair] 30/5/2013 10:33

For what it is worth, Share Magazine has a positive write up on ZOX while a couple of weeks back IC was very negative saying dump the stock.

[blue59] 28/5/2013 14:04

Or did he go short just before posting?

[propercharlie] 28/5/2013 13:46

ayesha how do you know that they will short? is it on past form or direct info?

[ayesha4] 24/5/2013 13:42

those guys are about to short it

be careful

[phoenix1234] 24/5/2013 13:01

Target 28p Initially, But As High As 37p

[blue59] 24/5/2013 12:54

And 60% over day and a half :-). The boy done good!

ps What was that story about the green pingpong ball again??

[cestnous] 24/5/2013 11:45

Well it's flying now Up 26.3% today (at the moment.)

[blue59] 24/5/2013 10:33

In fairness it did drop a further 17% ;-)

[rathkum] 24/5/2013 10:13

Brilliant call by IC ON 7th May - Sell at 19p. LOL

Follow IC's recommendations at your own peril

[pre] 24/5/2013 09:00

The same thing has just happened at ZIOC...II's cleared out yesterday (take a look)...that should recover too imo, dyor etc and gla:-)

[chrisdgb] 24/5/2013 08:45

Agree, I think 50p should be achievable over the Summer..

[daz] 24/5/2013 08:40

ZOX with relatively high costs are very geared to the zinc price, an increase will significantly affect profits and vice versa of course.
If the world economy does recover and mineral prices rise as a consequence, I think those price levels are not unrealistic.

[propercharlie] 24/5/2013 08:30

IMO AW would not have bought without a huge amount of confidence. Last reports had indicated that problems were being nailed and with Standard's loan of £5m the signs were cretainly there. What droe this down was the constant pressure of M&G from the time of the placing in NOv 12, when teh share price was 50, having already dropped considerably before.
Now we are closer to a proven model, so this should regain its level to 50 in short time and then on news which we expect 70-100 is faesible.

[cestnous] 24/5/2013 08:17

Well that was a nice price reversal. Onward and upward.

[daz] 24/5/2013 08:16

Going well this morning, it's looking like the overhang is now gone and so any good news should see a further rise

[cestnous] 23/5/2013 15:17

In profit after this mornings purchace. Amazing in today's carp market.
Greenroom; you must have made more than me seeing as you bought in a bit earlier than I did :¬)

[daz] 23/5/2013 12:07

A bit like cestnous, I've been watching for a while and bought in this morning. As well as a big show of confidence, the overhang should have been cleared by the director buys.

I'm not sure how soon they will turn the corner in terms of profitability and cash flow generation but there must be more than a good chance that the issues are reflected in the price now, so the director purchases are very reassuring in that regard.

[chrisdgb] 23/5/2013 11:48

Good to see the volumes being worked through....

[blue59] 23/5/2013 11:15

GS - Or putting in some more of his dwindling cash pile from Reunion sale more likely!