Bountyhunter79
04 Nov 2016
Re: Thoughts It's not on a PE of 0.9....the company has made losses for the last few years! Should swing back into profit this year but I am almost certain that they won't make c.$50m in after tax earnings that would be required for them to be on a PE close to 1.
bhptuner
03 Nov 2016
Re: Thoughts I think it has a PE ratio of 0.9 lolit should be... what 10+which = 10 times SP ...thats the industry st,d or maybe more AIMOHO dyor
valueinvestormike
03 Nov 2016
Thoughts 30-35p is historical support / resistance (look back over 5 years). So I imagine we are going to sit here for a little while. So it is tempting to sell. However, at 33p the company has a market cap of only £37million. Given it made £16million cash in the first half, AND we are expecting higher production at a higher gold price in the second half, this still seems very low. You could be looking at a company who makes its entire market value, in cash in one year!I know there is debt on the balance sheet but this is backed by considerable assets. Next news to follow will be October production which can be found mid month on abc.az
shugg1e
02 Nov 2016
QE There was a guy calling this a sell at 7p back in AprilQE was his name
bhptuner
02 Nov 2016
Leak maybe Looks that way
Arul
02 Nov 2016
Re: Dividend please we should think why BP when up in last couple of months after Brexit vote. From my point of view1. BP revenue in DOLLARS2. $0.40 dividend.Is BP didn't have any debt ? or it's making profit now in this low price oil environment or they didn't have any legal problem?.We should not think Dividend as just revenue purpose. It's actually gives confident to investors that the company and it's Management have potential to run and take the companies for growth. Management should consider dividend as inevitable cost to the company that makes them to plan ahead.Ofcourse, I'm not sue whether the dividend make the share price to push up. But 2% dividend return is really positive news for AIM listed gold mine companies.We should tell to our self and hear ourself which is catchyreducing debt from 40 to 38 million or 2 million dividend. Same way all others investor will sense too. anyway AAZ is flying now..............
Topalov
02 Nov 2016
Re: Dividend please Do you really think that paying a 2p dividend would increase the share price to £1?All other things being equal why would paying a dividend result in a tripling in share price?
Solis
02 Nov 2016
Re: Dividend please Arul,P&L Account is in loss on Balance Sheet. So, cannot distribute till they have profits unless they go to court to reduce other reserves.I Profit should be soon, but I would like to see debt reduction first to give the company room for expansion and quite frankly if they can get 30-40 or even 50% return on capital, can you get the same return from the puny dividend you would get ?I knowwhich I would prefer.
Arul
02 Nov 2016
Re: Dividend please My simple logic. 2p dividend will push the share to 100p (considering 2% dividend return) which cost £2.24 Million (based on 112Million shares) In-turn, It push companies market capital from 32 Millions to 112 Millions. And companies 100% debt to capital percentage will be reduced to 30% (considering $40million).Then it's easy to reshuffle 12% loan to 6% (assumption). will save 6% on interest i.e. £1.6 Million So, £2.24Million - £1.6Million => £640,000 will be the cost of giving dividend.I mean to say the company can reduce interest rate by reshuffle and provide dividend with that saving. At least, companies market capital will be good enough to expand further.
myepic
27 Oct 2016
Re: Dividend please I like your reasoning Arul , A small dividend would make sense as it leaves scope for a rise in dividend payments year on year - another key metric in many analysts assessment of this kind of stock, I hope to see great results from this one , I have been in for several years so have done the full roller coaster experience , I think the only significant challenge currently is geopolitical - obviously beyond the control of BOD
Arul
26 Oct 2016
Dividend please As the AAZ.L started to show profit from last result, management should really think to start giving Dividend. Most of the UK listed stocks moves based on dividend. It will give confidence of the company to the share holders.Just 1p dividend will cost only 1.11 million pounds (based on 111 million shares).
bhptuner
25 Oct 2016
PE ratio 0.4 maybe? most mining companies are around 15+go figure the potential here.
Bountyhunter79
25 Oct 2016
Re: AAZ Production SOLG is another that has always baffled me. Sp goes to the moo (and usually back down again)every couple of years. Crazy market cap for a company with no revenues or money to build a mine!At least the sp is heading in the right direction here. It looks like they are finally getting cash costs down towards the levels promised when the agitation leaching plant was being constructed and are now able to start paying off the debt. Would still like to see a deal with the government regarding tax rates and amendments to the PSA that benefit the company and its shareholder's but overall things are looking up for AAZ.
bhptuner
24 Oct 2016
Re: AAZ Production Some aim shares baffle me .like sxx market cap ,market cap was a billion ,and not financed???
flibble2
24 Oct 2016
Re: AAZ Production youre exactly rightrevenue over $90mil this yearprofits of over $45mil before a modest capex of about 10mil this yearall for a market cap of about £25milyou should buy all you can as these prices aren't going to be around for long, look where its come from this year already
