Re: Excellent day/Daily chart I doubt many of us would be happy with a modest rise followed by an equal pull-back. Hopefully Nickel prices can hold out this time and MWA can take advantage of the increased cash generation. The share is looking very positive for the long term, the short term prospects appear tipped slightly to the positive side assuming the AIM is about to add value to MWA which generally it does not do in any sustainable way. Mainly because of the poor quality of the new gamblers (shareholders) that fuel the rise with their small investments and limited targets. Some will remain and become shareholders but many will be off to the next big thing in a week or two. Meanwhile MWA will continue to add solid commercial progress to the story. The question is when will the market recognise the pent up value in MWA; it does not recognise the current value so it can make one lose all hope and faith in this market as a measure. The one thing that the AIM cannot spoil is the cash profit which will at some stage find it's way to shareholders. Being a high rate tax payer I do not generally like dividends but the AIM views dividends as a healthy sign that a company has "made it". Post smelter restart and once funding is found to support the restart of refinery we will see a dividend paid. I suspect that will be next financial year and may start as early as the interims next year (December 2015). Looking at the 75% owned subsidiary and Zim listed BIND.ZW, they are to offer a $20m bond so that takes the financial burden away from MWA and creates no chance of dilution. This should allow for the cash to continue to flow into MWA and will no doubt allow for the restart of underground mining at Klipspringer and some form of advancement at the 3m oz gold discovery at Zani Kodi in DRC. MWA needs to turn projects into assets from the care and maintenance financial burdens they have been. They are doing that with the smelter now and Klipspringer slimes pays for all the costs and some profit in the underground mine. Kalaa Mpinga and the team are doing a great job despite the bleating pathetic display of the Chinese at the AGM which was frankly embarrassing. I remain a long term holder of a personally substantial holding; my horizon is double figures within 12 months then cut and hold at least 50% beyond. Which there is excitement over strong days in the market the volumes are small and the intentions of buyers are uncertain so I see this phase as just part of the journey. Good luck all
Bindura statement re funding go-ahead Out this morning on Zimb stock exchange The ball is well and truly rolling now....
Re: 80 to go in Kcom i am not a shorter Truegent, you no nothing, none of the 80 are call centre agents for BB, they are all critical staff across the board.....stay in your choic
It breaks 700p I think this is the highest the SP has been since the 2009 fund raising.Will be very interesting to see if it can keep going, macro-factors make me think otherwise!
Upto 10 potential buyers MARKET REPORT: Buyers lining up for Sinclair sale as shares rise 12% to three-year highGEOFF FOSTER FOR THE DAILY MAILPUBLISHED: 015, 26 November 2014 | UPDATED: 015, 26 November 2014No less than ten interested parties are believed to have shown an interest in Sinclair IS Pharma, which has put itself up for sale.Shares of the aesthetics and skincare company rose 4p or 12 per cent to a three-year high of 36.5p after it was revealed it has appointed Rothschild to explore means of realising shareholder value. In other words, find a buyer.Private equity players and Swiss food giant Nestle, which earlier this year set up a specialised medical skin care division after acquiring the rights to sell certain products in the US and Canada from Valeant Pharmaceuticals for £840million cash, are rumoured to be heading the queue of buyers willing to pay up to about £300million or 60p-plus a share for the company, which owns an anti-ageing treatment that could turn out to be better than Botox.Promising: No less than ten interested parties are believed to have shown an interest in Sinclair IS Pharma, which has put itself up for saleIt was on the cards that Sinclair would be re-rated following the recent stonking £42billion bid for Botox giant Allergan.Sinclair owns Silhouette, a company which manufactures Silhouette Soft, a £1,200 anti-ageing treatment that uses dissolvable thread to beat wrinkles. Broker N+1 Singer is bullish and says the companys exciting product portfolio could bring substantial value to a potential acquirer.Major Sinclair shareholders include heavyweights Toscafund, Lansdowne and George Soros. He lifted his stake above 5 per cent in June by acquiring more stock at 32p a pop.
Average target price is 25p. Most of the other gold stocks I hold have target prices about 1.5x the current price. This one is over 5x.
Re: Tumble weed Somebody must have just given the tumble weed a kick - up 12%?
The V2 model ZZZ was exhibiting at a recent Mello investor event in Derby and the V2 unit looked very impressive. It looked easy to transport and assemble on site. The room is compact but quite luxurious considering that it is likely to be situated in a field. There is a good bed, good lighting a TV WiFi, toilet and shower facility and total privacy. Much better than a tent!I don't hold any shares in ZZZ but it is certainly on my watch list.Casa.
Liberum "British Land downgraded as Liberum waits for cheaper entry pointUpgrades at British Land (BLND) have already been priced in, according to Liberum, which has downgraded its rating of the real estate investment trust.Liberum analyst Michael Burt downgraded his recommendation from buy to hold but increased the target price from 788p to 791p on the company, which boasts Londons Leadenhall building in its portfolio. The shares were trading at 747p yesterday.Lower yields drive c.4-5% net asset value upgrades for the UK majors, but with the share up >20% year to date this already feels in the price, he said.Valuations still sit close to net asset value and with returns peaking in our full-year 2015 estimated forecasts we downgrade British Land to hold. To be a buyer requires yields to stay lower for longer, and/or a cut to our return requirements.This feels at odds with a maturing property cycle and we would wait for a better entry point. "From Citywire.
Irrational market ? forddrive,perhaps you should see it as an opportunity to buy at a good price. I have never shown much interest in charts / chartists, or the somewhat obscure terminology associated with them. Charts only reliably tell you what has already happened ,----and we already know that.
Re: 3D whats up duck, have the MMs sucked you in and spat you out again?What placing?3D (never trust an MM)
Re: Huge correction someone shaking out the cautious to buy back cheap?
Re: explain chummerThere has not been an offer of around 115p. There has been an offer of 0.5719 Ophir shares for each Salamander share.No offer has been accepted. Only the shareholder body can do that. Voting forms haven't yet been issued.Salamander's directors are recommending acceptance, and some major shareholders are supporting the bid, so it's likely to succeed.Notwithstanding that, there remains a possibility that another company will make a better offer. Also, there remains a possibility that the Ophir offer will not get sufficient shareholder support.Salamander's share price is 92p because the market view is that Ophir's bid is likely, but not certain, to succeed. With Ophir at 166p, a success valuation of Salamander would be 94.9p."Are they expecting problems again?" Do you mean Salamander's directors? They have been trying to throw in the towel but offers have been below their expectations, not helped by the falling oil price."All rather disappointing" Fair comment, imv.
Re: Anyone else invested here? Monty.... still in? This really is the gift that keeps giving.
Dear Phil.... ...if you're reading this message please stop fluffing up your RNS statements and simply tell shareholders what you mean.Honest yo God no-one will lampoon you for being the over-promise-under-deliver tin pot company you clearly are. If you just tell it like it is then investors won't get a surprise when your ridiculous 'bookings' numbers ends up leading to a stonking loss when none of it converts to the more established and well understood metric of 'revenue'.Watching you closely as ever from cyberspace.P Mac.
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