izzy bear
28 Nov 2016
Re: Above the ask Looking back. a statement on the 5th Feb 2014, it states there is an Option for two more rigs to be built at a total cost of $1.7 Billion, over the next 3 years, maybe that is the reason for the steady climb, but then the rise has been on no news, interesting.
BOWOOD
26 Nov 2016
Re: Above the ask Not too sure if another order is the important thing here. When the rig is paid for what will happen to the proceeds of sale. Will AMED sell their share of the yard to their partner and receive a massive return of cash or will the JV retain the yard for further work. Why has AMED not made further investments bearing it has £4m in cash and could easily gear up if need be. How can MRG be scaled? The main investors are well respected in the region and I am sure they will be keen to use AMED more pro actively in the near term. Interesting times ahead and I could well see 50p during the next couple of months as news is released. Still a buy IMO
izzy bear
25 Nov 2016
Re: Above the ask Looking good for 30p plus by Xmas, with an order being the icing on the cake.
BOWOOD
25 Nov 2016
Above the ask A decent buy but has had to pay above the ask. A good indicator of value IMO and still worth a buy rate.
BOWOOD
18 Nov 2016
Re: Buying Still moving up on low volumes. Not the time to sell - someone on another board has suggested 60p. It looks as if 12p is in cash with the yard in the books at about £20m. Still worth a buy.
BOWOOD
17 Nov 2016
Re: Buying Small but steady buying pushing the price up so the market may well be short.
Oxonoxon
10 Nov 2016
Re: Buying Don't forget that circa 70% are held by one person as well so if this gains attention there is incredibly limited stock in free float
BOWOOD
10 Nov 2016
Re: Buying A few sellers but the share price has held up which shows that the market needs the stock. The coming days and weeks should see the share price increase further.
izzy bear
10 Nov 2016
Re: Buying At the rate this is going, could be 50p by Xmas, there has to be something in the pipe line, a new order or refurbishments, plus with less than 33 million shares, any news would create high demand pushing the price through the roof.
BOWOOD
10 Nov 2016
Re: Buying Buying continues and I doubt if those buyers are there for a couple of pence profit so there is still further sp potential IMOP
BOWOOD
10 Nov 2016
Buying A fair amount of buying at the start of the day - maybe there is some positive news about to be made public. If so then the next price could be 30p and even that will still look cheap relative to assets and potential earnings.
BOWOOD
06 Nov 2016
Year End We have a year end of 31Dec and as we have already been told the rig sale will complete by the end of 4th qtr I therefore expect that we will have a pre year end statement within the next six weeks.
BOWOOD
04 Nov 2016
Valuation With £4m in the bank - no debt and an original investment in the yard of nearly £20m and the rig about to realise a cash value still makes AMED undervalued at less than £20m at 20p.Also the yard was in surplus trading at the half year with MRG still to recover on its potential.
BOWOOD
02 Nov 2016
Re: Interest Still on the up - the sale of the rig will highlight the value of the asset and how undervalued the shares are.
izzy bear
21 Oct 2016
Re: Interest Lets hop
