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getting closer to "methinks bonker"'s 16p
HK:0073 but I cannot find volume figures or chat.
15p buy after close. Does anyone know of any HK equivalents to this site? Would be interesting to see activity levels on there.
Yip, slowly, slowly catchy monkey :-)
but happy enough...Jolly happy @25p lol
Scarlett, Jolly and all. Dull is good :-) We had the ridiculous excitement of last week with those two mega offloads (which still baffle me). I'll happily take 1or 2 % per day which would see us back at about 16 when we get the figures next week. Then we can enjoy the excitement. I'm still of the opinion that we will see profit plus cash over 17. Then again, some people say I don't know my RNS from my elbow ;-) GLA Orphan
Agreed, but i don't care.. So long as the sell amount keeps nudging up i'm making money. Afterall that's what we do this for :-))
yep...but a little dull
Jolly, slow and steady, keeps the day traders away imo...
14.65p paid
16s before 20s...spot on
to get through 16s methinks ...
Patience will pay off ! Gla
nice to see buys like that at achl
Another 1m trade at mid at 16:00, overshadowed somewhat by the late reported 13m sell from Friday...further to earlier posts I think that has to be Investec and Value Partners gone, but who is buying?
Further to my earlier comments, as of 30 September 2013, Investec held 19.23m shares (http://markets.ft.com/research/Markets/Tearsheets/Business-profile?s=ACHL:LSE) , I would surmise within their Global Natural Resources fund, which was critical of ACHL in their December 2013 report (http://live-s3-1.investecassetmanagement.boxuk.net.s3.amazonaws.com/Investec-GSF-Global-Natural-Resources-Fund-Manager-Commentary_en.pdf). Unfortunately I didn't take note of the volume of sells over the past fortnight, so cannot do much with this information! It isn't that many shares though, considering the size of the individual trades. I saw another 1m buy on open today.
pmsl :) I'm taking note of these 1m mid-price 14.00 trades that are appearing ...
as long as they flourish...don't want to be a dodo
Thanks, Jolly, the lesson is much appreciated. I never knew that we owned such a rare bird :-))) GLA Orphan
net cash is v different from net cash > mc (or neg EV) ...neg EV is pretty rare
Dan, I'd recommend the corporate presentation on the website as a starting point, then you can read the RNS feed and see how that plan has been going and why the share price is down here. Good for covertly reading beneath the bedsheets! Orphan, I disagree re the interim results. I think reduced demand, retail price and output is likely to lead to a loss overall for the 6 months. I'd be pleasantly surprised by break even! We'll see, I'd like to be wrong. You may have seen a poster on iii discussing how the bananas will have died in the extreme cold. I did some research on this and it initially seemed plausible; China has experienced record low temperatures on late. I have contacted the company, who have assured me that there has NOT affected their plantations. The company also advised me that Investec are the large seller of late. Does anyone know what holding they had? I don't recall ever seeing them on the major holdings list. I also emphasised the importance of the dividend to investors.
Hi Libero. That's why I'm here :-) I guess when you say "fly" you are talking about 100s of % rather than just 10s (i.e. a multi-bagger). In which case I agree entirely with your view. For a decent rise (say 20-50%) it is my opinion that the interims on the 26th, two weeks today, could deliver. My reasoning is simple; the market is expecting losses, based on a series of bad news RNS's. My view is that this is a misread and that profits will be delivered. You also say that you've never seen a negative EV before. I'm also in Centamin (CEY) which I understand to have an even bigger negative EV and is heavily net cash. Am I right in my thinking? Do you, or any other poster, agree? All the best and GLA. Orphan
So I was right about the negative EV - wow I've never seen that before! AND net net This is absurdly cheap. All it'd take is one good year and this would fly! I'm actually quite excited but too tired to research (and having looked at the 5 year chart - I want to) but this is now firmly on my radar. Thanks for the response, jolly :)
And you have earned yourself a 10 out of 10 ! Haha ,plus refreshing to be in an investment that is above ground for once lol and atb
That's cool. But really.....you KNOW the legendary Bonker? Orphan