Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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WHAT ARE U PEOPLE EXPECTING THIS AFTERNOON?
thats a great Investor story. I had a bit of bad timing last year decent bit in Lloyds and Tcook both at 20 bladdy pence... learnt my lesson to stay put here :-D My Bro wants us all to go to Vegas,but Im brassic after my far east trip.... so maybe Good TIMEing for us both eh??
Hi Ken Bad timeing came about as I have bought and sold at the wrong times. I think you are meant to buy low and sell high...need to try and get that bit right! Many years ago bought into RJB mining/UKC at around 50p per share. They were paying a dividend as well then. Went to AGM in London not too far to get to for me. Stood up and asked Chairman at meeting about spliting UKC into two listed companies, Harworth and UKC Mines. I was not impressed by his answer or that UKC Board. Indeed some bright spark behind me said that UKC were really three companies if you included the pension funds. I should have taken more notice of what he said at that time. Sometime after the AGM the value of my shares more than doubled. I sold out and thought I had done really well. Went off to Vegas on holiday, shortly after I came back UKC went to over £5 so lost out to the tune of about £35K. My timing was very bad there! Got into Lloyds at over £5 very painful lesson thankfully averaged down and traded out at a profit. Bought back into UKC again too soon got a bit too over optomistic and think being optomistic could be a bit of a problem for me! However, CRES should still come good for me (us) given the true value of its assets i.e the prices they are actually selling for as opposed to the low value that has been put on them. I.M.O. When I'm in profit on CRES will change name to good timeing! GLA BT (Hopefully this year would be nice! Come on Mr Cox lets see what you can do!)
wish! Last year Bridgett went.... perhaps we persuade her ( him... hahah) got to FRONTERA and give him a nudge thats if he aint sold his stock.... price steady here. my broker is mixing up the spread a bit. so may even do a bit of day trading on this reckon I can do £500 each day this happens. however, if I miss the bladdy boat on any SP lift, which it will , only a matter of time i'd be pig sig Also contemplating some DART ENERGY stocks. they will be converted to 30% share of IGAS come September due to buy out by IGAS check it out.... enjoy the weekend ps why the badtiming name????
Hi Ken are you going to the agm.
http://www.coalfieldresources.com/investors/calendar hope to see some news for Q3 Q4
No idea. I always thought the price would follow the NAV value to some extent. I was wrong. As I've said, theres no point having a ' holding company' doing nothing for investors or directors... so watch this space..... ps dont forget COALFIELD RESOURCES is HARWORTH!! ( in day to day runnings)
so do u think that it will go up in sometime in near future and up to what level?
I aint moving my Hotel off this one (Monopoly :-D) that's for sure..... done it too many times & watched SP zoom
I am thinking weather i should press the sell button or weather i should wait for some time? any good suggestions will be appreciated. Thanks
do u see any movement in sp in near future?
no . but one things for sure You don't have a ' holding company' that has an undervalued Sp vs NAV value for long..... like wise, if nowts happening to gain shareholder value at Harworth, the entity that is CRES CFR. is a vehicle that could take other forms Take over of Harworth Take over of Harworth by PEEL. Wont stay this way forever its not a penny AIM stock, doesn't look blue chip and wont be liked by the markets in its current form. ?????????????????? any guesses anyone
Can some one tell me please will there be any movement with the AGM? Thanks
so boring whats going on here.........6.35>>>>>>>>>>6.06 downwards .........any one have any idea???????
just looked at price of building plots in Nottinghamshire .Vary surpized at asking prices Harworth have 8000 How much do they value them at And how much do they sell for .If any one goes to AGM could they please ask how much Harworths plots sell for BT
Not to hard to sale over book value given the low value put on Harworths assets. Is any one going to the AGM
Coalfield Resources says property arm seeing strong demand - See more at: http://www.ifamagazine.com/news/coalfield-resources-says-property-arm-seeing-strong-demand-299099#sthash.Lv2xn4wq.dpuf The former owner of Britain’s remaining coal mines said its property arm was making good progress and was well-placed to cash in on strong market demand. Coalfield Resources, whose only significant investment is a 24.9% shareholding in Harworth Estates, said Harworth continued to make progress across its range of sites in generating income, increasing valuations and disposals. Coalfield, which used to own the UK’s biggest coal miner UK Coal until December 2012, said the property market in the regions in which Harworth operates continued to show signs of improvement and was giving it a foundation for growth. Harworth, which owns a range of former mining sites and related property, has sold assets this year including land at Cannock, Staffordshire, and two further commercial plots at its advanced manufacturing park in South Yorkshire, all at above book value. Coalfield split its operating business into two separate units – property and mining – and gifted 75% of the property business to the trustees of the mining business pension fund. It also gave up control of the coal mining operations to an employee benefit trust, retaining only a minority equity stake which ranked behind the debt owed to the pension funds. Following a fire at one of the mines last year which caused a failure and restructuring of the mining business, Coalfield no longer has any equity interest in the mining business. Shares were flat at 6.12p at 09:31 in London. - See more at: http://www.ifamagazine.com/news/coalfield-resources-says-property-arm-seeing-strong-demand-299099#sthash.Lv2xn4wq.dpuf
Take this as a start UK Coal shares rose 5¼p to 57¾p. Reports in this morning's press suggested that Peel Holdings, UK Coal's largest shareholder with a 28.3% stake, had received an offer for its shares. Peel is involved in the takeover bid for Forth Ports. But Peel boss John Whittaker is reported to have turned down the recent approach and is instead working on his plans to launch a cash bid for UK Coal. At today's price the business is valued at just short of £175 million. Three years ago it was worth more than £1 billion. The major attraction for Whittaker is UK Coal's vast brownfield land sites. http://www.standard.co.uk/business/uk-coal-shares-soar-despite-denial-of-takeover-attempt-6786296.html
Morning all... Does anyone know roughly how much Peel paid for their stake in CRES (uk coal ) I would be interested to see how much loss they are sat on at todays SP ie 6p
ayye
Well that's rather boring!!!!! steady as she goes ;-)
We can make it up everyone else does :-D
reposted from BB member, this was flagged, and is an interesting post in the timeline.. is only interested in the vast brownfield land sites of ukc, and has taken an stake of 29,50% in ukc for this purpose. As Jonson Cox continues selling ukc land to other party's than Peel group, John Whittaker won't be happy with this as he will end up with only 29,50% of the coal mining business of ukc,without land, what he do not want at all. The only way for John whittaker to prevent Jonson Cox by selling ukc land to other party's than him, is make an takeover bid on ukc.He can sell than the mining business to an interested party and keep the real estate portfolio of ukc.As John Whittaker has plenty of cash himself, he will not be interested in the generous cash position of ukc after the land is sold off. http://www.thisislondon.co.uk/standard-business/article-23813493-uk-coal-shares-soar-despite-denial-of-takeover-attempt.do
UK Coal shares rose 5¼p to 57¾p. Reports in this morning's press suggested that Peel Holdings, UK Coal's largest shareholder with a 28.3% stake, had received an offer for its shares. Peel is involved in the takeover bid for Forth Ports. But Peel boss John Whittaker is reported to have turned down the recent approach and is instead working on his plans to launch a cash bid for UK Coal. At today's price the business is valued at just short of £175 million. Three years ago it was worth more than £1 billion. The major attraction for Whittaker is UK Coal's vast brownfield land sites. http://www.standard.co.uk/business/uk-coal-shares-soar-despite-denial-of-takeover-attempt-6786296.html
There will be an endgame to this No one wants to sell, due to massive NAV increase potential also no one wants to buy, as no great chance of big Dividends for a while. ************************************************************************************ End GAME CRES to take over HARWORTH backed by Peel. Short term ££SSS in bank from sale of HARWORTH INSURANCE. Clues anyone??