shugg1e
16 Jun 2017
Re: Im in just hot air will be back up next week over £10
the old trout
15 Jun 2017
Re: Im in More here:[link]
the old trout
15 Jun 2017
Re: Im in Shuggle, I assume you haven't see the reason for the drop:[link] and the fact that commodities tanked yesterday after the outcome of the Federal Reserve meeting was reported, so there's a double whammy here and I can see the sp quickly falling to support at £8 and possibly a lot lower.
shugg1e
15 Jun 2017
Im in Loaded up on these today bargain
II Editor
05 May 2017
NEW ARTICLE: What FTSE 100 needs to cancel threat of slump "FTSE for Friday & mining sector againOur humourless comment "unless, of course, we've stumbled across the harbinger of gloom for an entire sector." regarding LSE:AAL:Anglo American returned to bite us on the bum. On Thursday 4th, the mining ..."[link]
II Editor
03 May 2017
NEW ARTICLE: Trends and Targets for 4/05/2017 " ANGLO AMERICAN (LSE:AAL) and even BMR stuff. Sometimes, it's difficult finding ideas for our daily blurb, other times - like now - we find ourselves trying to restrain from writing a book. Tonight's problem started when we decided to directly ..."[link]
II Editor
26 Apr 2017
NEW ARTICLE: 10 fast-moving cyclicals that analysts are upgrading "One of the golden rules of running a share portfolio is to know that stocks in different sectors do well at different times. Anyone watching the stockmarket over the past year will understand exactly why that is.After a long run of popularity, ..."[link]
farmerdave
16 Mar 2017
Re: Volcan £2bn Investment? LK good spot - He: didnt have to make the 2.8 statement (if I read it correctly) cannot increase past 30% for 6 monthsSo likely outcome is slow increase in shareholding with his 2.8 statment meant to keep a lid on the price ?FD
LK Hyman
16 Mar 2017
Re: Volcan £2bn Investment? Farmerdave,This from the RNS:"In relation to the U.K. Takeover Code, Volcan confirms that it does not intend to make an offer to acquire Anglo American plc."Perhaps Uggermugger already has someone else lined up to take the new stake off his hands I dunno?LKH on the flybridge
farmerdave
16 Mar 2017
Re: Volcan £2bn Investment? Real question is it a takeover ? Thought it came to 18% and he has tried to merge with AA before !
farmerdave
16 Mar 2017
Re: Volcan £2bn Investment? The idea is the issued note is a convertible acked by anglo shares so investors "sell short to hedge the convertible element" when they buy the note - the shares are bought by the company issuing the note - hence the theory is that it is market neutral ........not sure it will work in practice but there you go.Volcan from Flash Gordon eh - smacks of the Enron naming SPVs after Star Wars characters .....FD
LK Hyman
16 Mar 2017
Re: Volcan £2bn Investment? Gus,A bit odd to announce the intention in advance, isn't it? That virtually guarantees that the share price will/would be considerably higher when Agarwal actually does the deed.Perhaps he's already got in via some kinda derivative I dunno.Mind you, Agarwal hired the eejit Albanese, so who knows what goes through his head.LKH on the flybridge
Gus1065
15 Mar 2017
Re: Volcan £2bn Investment? Further apologies. A quick trawl identifies Mr Agarwal as the Chairman and principal shareholder of Vedanta Resources through the Volcan vehicle. Appears to be the genuine article ....Gus.
Gus1065
15 Mar 2017
Re: Volcan £2bn Investment? Apologies - Mr Agarwal is the sponsor. Don't you just hate predictive text ....
Gus1065
15 Mar 2017
Volcan £2bn Investment? Not sure of the provenance of this late in the day RNS but suggests £2bn (c.12%) of the company is about to be acquired in the open market ....[link] digging needed into the background of Mr Agwari.Gus.
