Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
03/02/2015 12:08 84,954 @ 0.99 03/02/2015 09:05 9,601 @ 0.99 03/02/2015 08:36 100,000 @ 0.99 Some buys on ISDX today Rugs.. Seems like all buys there. Makes me think a massive dump might be in the background.
Interesting to see this claw back losses so quickly. News is well overdue and of course if the rise in oil price pertains then we should see confidence return to the market. I see 60 dollars a barrel as key. If we can get through that price then we should be pretty sure that we are bouncing off lows.
General,rule of thumb,if a share falls,20% or greater in a day then further falls follow!
I think we've got confused, their change of scheduling of Results, means that they are not due imminent. I'm in the process of contacting Amedeo. Hopefully, just a few P.I's getting spooked on wait for news, but I don't think we should be panicking. The MM's are loving this fall; 0.35p to buy; could be a bargain, but I'm fully loaded!
23% on 3 tiny sells, interesting.
Why have they not provided an update, we're now into Feb?
Roll on next week... Should be very interesting to know what they've been doing over the last few months..
Update looking more like next week now but you never know!
News should be out in days, think likely to be tomorrow - before Jan end.
Emailed Glen Lau earlier in the week re updates but not heard anything back yet. Fairly sure we'll be getting an update soon given the end of financial year for AMED. I was speaking to a friend who works for a large financial institution and he took a look here and thinks that at thee prices it's a bit of a steal. He did caveat his comments by saying that he's primarily interested in bonds not equities however. Still, I have the feeling this could be a bit of a sleeping giant and that the future could very interesting (i.e. profitable!) here both short term and longer term. Fingers crossed!
By this time last year we had been given a pre-financial year end update. Given that the financial year end for Amedeo is 31st jan (unless something changed that I've missed) then we could receive an update anytime now. Here's hoping we do and here's hoping it's a good update! A big fat new rig order would be lovely although providing Explorer 1 is still on schedule and MGR is continuing to be profitable I'll be content to sit on this until the next big order comes in when the SP should rocket again. GL to the few that are still following this sleeper! Cheers, Doc.
I've got double frustration Dave - all my cash is locked up in AMED and WRN. However, whilst it is locked in I can't go and lose it all on other gambles so probably a good thing. I was hoping for WRN to come out of suspension soon so that I can by more here given the very low prices currently but looks I'm just going to have to settle for my rather small holding. This notwithstanding, I have every confidence that the second a new order is announced this SP could easily double or treble and if it does the wait will be worth it. Hopefully some news will come with the interims but if not I'll still happily leave my cash where it is. GL.
End of yesterday and so far today, MM's happy to take on over one million shares, 0.403p. But surely, an update must be due very soon. There is the Interims end of month, but us P.I;s should be kept up-to-date; although perhaps it's a case of "on going discussions in later stages", still! I think it was a Proactiveinvestors.com mention, back in the middle of last year, that Amedeo's largest shareholder, for instance was keen to purchase a greater stake; what's the latest on that, and isn't presently, an attractive price!?! How's MGR Resources progressing also, would be good to hear. Frustrating wait for an update.
I agree Doc, still can't believe how cheap this is. Nice average of 0.6 myself so just sitting waiting now. GL.
Well done to the couple of folks taking advantage of the price dip. I've no more 'spare' funds until the WRN situation is resolved but assuming prices are still at these levels some of my much anticipated profit is going straight in here. Given historic SP performance following news of contracts I have very high expectations from these levels. I'm also expecting we will have an update soon-ish ahead of their financial year close which from past RNS's looks like 31st Jan. GLA, I think 2015 could be quite an exciting time for this share. Cheers, Doc.
Anyone buying a rig at the moment? Probably on hold but when they start buying I hope they look harder at "value for money".
Meant to say I bought a few at .475 :) not .575 :) Although that would still have been a bargain IMO :) GLA :)
Yes Dave, I bought a few more at .575 which showed as a sell - it was a BUY :) SP went absolutely mental last year around results time :) ie end of Jan / start of February.... Tick tock :) GLA :)
Bargain bucket prices!?! Back to where we were before that short-lived rally; 0.475p to buy, with sells at 0.45p. Year end results due 31st January, but that's a Saturday, so maybe the following Monday 2nd February. Am I right?
All those articles and contract wins are for shipping which is a separate company to the one Amedeo is invested in. We want/need rig orders not ships. The below would have no effect on our share prices at all.
Well we are the YZJ Offshore, however what's positive is we may see the 'overspill' contracts, hopefully soonish, if the Yangizjiang Shipbuilding's yard is full! From the recent Amedeo's Interims RNS, it stated as follows,'Explorer 1 is expected to be delivered in the second half of next year. In addition, the New Year is ready to ABSORB OVERSPILL FROM YANGIZJIANG SHIPBUILDING(HOLDINGS) PTE LTD YARD, AMEDEO'S JOINT VENTURE PARTNER' Maybe this is where the Times's mention of 'AMED RUMOURS THAT A TRIO OF LONG EXPECTED CHUNKY CONTRACTS FROM CHINA' were hinting at.
thought it's good news for all those contracts won. Should have push this sp up - perhaps the market was made aware with the sp spike last week. Anyway a good RNS is due to report these contracts won, I think...
From yesterday, http://sinoshipnews.com/News/Yangzijiang-clinches-13-newbuild-orders/3w3c3470.html From yesterday, http://sinoshipnews.com/News/Regulations-for-offshore-platform-industry-released/3w3c3472.html From today, http://sinoshipnews.com/News/MOT-maps-2020-shipping-development-plans-/3w3c3476.html
today
Have done further research and please that Qatar Investment Corporation is Qatar Investment Authority and is part of Qatar Holdings. A sure they are not that native to put so much money in this. Also have searched directors' background and am getting happier with this. Amedeo has joint investment agreement with Yangzijiang Shipbuilding (Holdings) Pte Ltd, (which I believe is in Singapore) and if they win contracts, which maybe soon, this will move fast. Mena Global Investments 1 Limited subscribed over 300million shares at 1p in March 2014 so I think makes this a bargain at this sp. Only wish I got in at this afternoon sp rather high morning sp. Guess got to hold this on longer term. As more than 66% of shares not in public which means if ii hold certain %, pi will have limited shares avail. yeah? Chairman, Mr Ghanim Bin Saad Al Saad Al Kuwari has a good reputation in the investment world too.