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SHFT Share Chat - RSS Feed

Shaft Sink Share Chat (SHFT)



Share Price: 2.50Bid: 2.25Ask: 2.75Change: 0.00 (0.00%)No Movement on Shaft Sink
Spread: 0.50Spread as %: 22.22%Open: 2.50High: 2.50Low: 2.50Yesterday’s Close: 2.50


Share Discussion for Shaft Sink (SHFT)


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jange
Posts: 25,628
Off Topic
Opinion:No Opinion
Price:42.50
shft
5 Oct '12
The international shaft sinking and
underground construction group has
confirmed that with AngloGold Ashanti's
mines in South Africa currently not
operating the Moab project where Shaft
Sinkers is contracted to provide services is
also on hold.
The Group reassured that work under this
contract is substantially complete and the
revenues outstanding do not represent a
material proportion of the Company's 2012
order book. However, management is
conscious that the general operating
environment in South Africa continues to be
difficult and will continue to monitor the
impact of this on its wider business.
The house broker commented that as of
June 2012 the future revenue value of the
Moab project were £12.6m, with a
contractual end date in 2013, this compares
with a group order book of £347.9m.
However, given the environment in South
Africa there is surely no certainty on the
delivery of that order book.
 
Stach
Posts: 5,069
Observation
Opinion:No Opinion
Price:42.50
Never trust the Russians...
5 Oct '12
I think it will be a warning to other Companies contemplating investing/doing work in Russia.Even the Eurochem are prefering western Courts whilst the dispute took place on the russian soil.The amount of $800m requested is loughable,SHFT whole set up probably is worth less than that.I think it is a smoke screen by EuroChem in order to avoid paying its dues to SHFT.This may cost them a lot eventually if SHFT has its papers in order right from conditions of Agreement from starting the work on that shaft in Russia.From the response on SHFT's behalf it seems that they have robust data to refute EuroChem's claim.I'd rather belive SHFT than EuroChem.There will be a lot of investors who have made a wise decision of buying here on this exaggerated fall in share price today.I wish Halifax bought my shares late today with my divi,but I know it did not.GLA and dont' panic.Stach.
farmerparmer
Posts: 4,121
Off Topic
Opinion:No Opinion
Price:41.00
top up
5 Oct '12
bought 3 large tranches today, target mid to late 50's..existing tranches target late 60's...when all are selling, buy
atvb s
DeanT
Posts: 501
Off Topic
Opinion:No Opinion
Price:41.00
guys
5 Oct '12
This has got to be one typical AIM over reaction, unless anyone can enlighten me this should not be 30% down?
bebbo
Posts: 3,618
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:42.25
Wow
5 Oct '12
looks like 30,s coming
tometoyou
Posts: 155
Off Topic
Opinion:No Opinion
Price:43.50
shft
5 Oct '12
Wow glad i didn't jump back in this morning!
Peace99
Posts: 1,281
Observation
Opinion:No Opinion
Price:44.50
SHFT
5 Oct '12
In auction at 47.5 p
Peace99
Posts: 1,281
Off Topic
Opinion:No Opinion
Price:44.25
Level
5 Oct '12
Delayed £48k buy just gone through
Randommatt
Posts: 603
Premium Chat Member
Observation
Opinion:No Opinion
Price:44.00
Think
5 Oct '12
a lot of us did the same thing! At least we no know why the drop from the first RNS was overdone! lol
Randommatt
Posts: 603
Premium Chat Member
Observation
Opinion:No Opinion
Price:44.00
TS
5 Oct '12
Yeah, bit of a shocker! Yeah I'm not overly worried about WSG, however thought I had got a decent top up price and it drops again!

As for here, well I've rolled the dice and have to wait and see the outcome.





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