The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
no worries man, i was only quoting you: "what the fck do i know"... i was simply agreeing. lol ;)
no need to be rude! i'm just being honest! i respect your opinion and expect the same in return!
big delayed buy @1175p from 9.30am 23k's worth
Placing Statistics Placing Price 247 pence Number of Ordinary Shares in issue prior to and immediately following the Placing 63,587,681 Market Capitalisation at the Placing Price on Admission £157 million Current price 1200p? Time to derisk, only noobs buying at this price.
indeed, what the fck do you know? Over priced.
we will see buys at £15.00 today before a small retrace toward end of trading! but wtfdik good luck!
going through every half hour for 500 a time, no not massive vol i know but at £11.50 a share what do you expect! i agree dundee background seller maybe but all buys thus far in the foreground ! regards to all
noticed this isn't moving north on small volume buys the same way it has in the past. background seller maybe?? Bid price unchanged.
08.50 hrs and the trading so far on reg is 3487 share buys vs zero sells level 2 info the a/t monster is hungry this morning!
could be highly insignificant when new deals are anouced imo regards! ps im not pretendind to know of any yet because i don't!
if he can only sell so many then every holder granted the shares would have sold there allowed amount as well if they thought this was gona fall like a stone!
just one day later he could have made thousands more let alone today! if it were about the money he'd had waited! if you look at his working history this man isn''t short of a few bob! regards
me and you blue would have done the same think about it! he's 69! if he was having it off he would have sold the entire holding and ran! regards
I am sure he is saying < good luck to me > What a good move floating on AIM was. No where would he have got such a high share price in his home country. But then that is why he floated on AIM
The non executive director was the gentleman who sold 20.000 shares last week from his total holding of 348.000 shares! hardly bailing out or cashing in is it? Plus he is at the tender age of 69 so at his time of life who on earth can question him releasing some equity from his sipp! Good luck to him I say! Regards!
Rare Earths Global forecasts better 2012, in JV talks March 23, 2012 (Source: Reuters) -- China's Rare Earths Global Ltd, which plans to list on London's junior AIM market later this month, said it expected higher revenue and profit in 2012, and was in discussions for possible joint ventures with certain firms in South Africa and Australia. "We are looking at two or three at the moment," Ivor Shrago, the firm's non-executive chairman told Reuters. "We are still in the process of discussions, nothing firm." Rare earths have burst into prominence as irreplaceable inputs for a range of hi-tech products, from iPads to wind turbines, hybrid car batteries and precision-guided weapons. Earlier this month, Rare Earths Global said it planned to raise $50 million in an initial public offering to help expand its separation facility. The company -- one of the few foreign-owned firms to have a licence from the Chinese government to export rare earth minerals -- reported revenue of 26.1 million pounds and pretax profit of 2.8 million pounds. China, which accounts for about 97 percent of world output of the 17 rare earth metals, has restricted their export. Earlier this month, the United States, Europe and Japan filed a formal complaint with the World Trade Organization challenging China's export quota. "At the moment we're capable of producing 500 tonnes of rare earth oxides, we want to double that to 1000 tonnes," Shrago said. "By increasing the capacity we can expect a higher quota." In April 2011, the firm's Sanxie plant was awarded a production quota of 300 metric tonnes per year. Rare Earths Global is expected to be valued at about $270 million when the offering is completed, with its Chief Executive Simon Ong keeping two-thirds ownership of the firm. "There is a particular demand (for rare-earth metals) which is increasing. The customers realize that the use of rare-earth metals in combination with other metals such as iron produce a compound that is stronger and lasts longer," the chairman said. The company expects its export quota for 2012 to be around 100 metric tonnes with a ratio of 85:15 for light rare earths to the more valuable heavy rare earth elements. Shrago said the company would not be affected by any outcome of the trade dispute in the WTO. "We are happy either way"
he could of sold the small amount of his total holding for a lot more! Maybe even double the £7.50 this week we shall see! Obviously wasn't about the money! GL all!
was the reason given for a small amount of the holdings sold by the director and with options in the future to gain more plus the relentless buying of this share since float the shares sold were bought up at a higher price within two trading days! the reason aim was chose was obviously down to it's volumes on a daily basis why trade in hong kong when London is the financial capital of the world with some of the finest analysts in the mining sector! shrewd move by the co' in my book and if you think different then I give up! Please please enlighten me with your wisdom! Regards!
" to capitalise on this fast growing market " Well, Well, They did capitalise, and very quickly, with one of the directors selling 20,000 shares at 750p. That was the reason they floated on AIM. and it work very fast for them. No way would they be able to get these returns in China. Only on AIM !!
Global Rare Earth Elements News Tuesday, 10 April 2012 22:39 China announced the creation of an rare earth industry association on Sunday, with the stated goal of more sustainable development in the sector, according to Xinhua, the state news agency. The industry group will consist of 155 members, including some of the country's industry giants. Gan Yong, president of the Chinese Society of Rare Earths, will lead the association under the Ministry of Industry and Information Technology (MIIT). The official news agency said the association will work "to form a reasonable price mechanism". One rare earths analyst inside suggested China seeks price stability. That might be welcome news to the U.S., Europe and Japan. They jointly filed a complaint with the World Trade Organization (WTO) last month. Leaders are concerned that China, which owns 95% of the rare earth market, has been restricting exports, driving prices up. According to a BBC report, part of the claim is that China applies a two-tiered pricing structure: one for domestic buyers, while international firms pay more. However, China has been claiming that the country should not be the world's only supplier of rare earths, with agency leaders often citing environmental concerns as a reason for export controls. "Many countries in the world have rare earth reserves, you cannot rely on China alone to provide all the supplies," said Gan Yong. According to an AP story, a Chinese news source reported Monday that only 56 of more than 350 rare earths producers meet environmental standards in a rare earth producing region of China.
News 30 March 2012 First Day of Dealings on AIM Rare Earths Global Limited, a leading Chinese mining services group focused on the extraction, separation, refinement and trading of rare earth elements, oxides and other related products, today announces the commencement of dealings of its Ordinary Shares on the Alternative Investment Market (AIM) of the London Stock Exchange. Charles Stanley is acting as Nominated Adviser and as Broker to the Company. The stock market EPIC will be REG.L. Placing Statistics Placing Price 247 pence Number of Ordinary Shares in issue prior to and immediately following the Placing 63,587,681 Market Capitalisation at the Placing Price on Admission £157 million Commenting on the Company's AIM listing, Simon Ong, Chief Executive Officer of Rare Earths Global, said: "The Board is very pleased with the successful Admission to AIM which will underpin the next stage in the Company's development." "We look forward to working to further develop the business and capitalise on this fast-growth market."
Rare Earths Global will today announce that it intends to float on the Alternative Investment Market (AIM), with dealings expected to commence this month. The company is looking to raise $50m (£32m), giving it a market capitalisation of around $270m. China is rich with rare earth natural deposits and, due to comparatively lower mining and separation costs, has become the leading global producer in the rare earth industry. Currently, around 95pc of all rare earth metals, which are components in modern technology such as iPhones and hybrid cars, are produced in the country. Rare Earths Global specialises in the extraction, separation, refinement and trading of rare earth elements, oxides and products, with a focus on the more valuable "heavy rare earth elements" These are said to be more expensive and highly sought after due to their unique properties and scarcity. One such element, dysprosium, has seen its price rise from $20 for 1kg in 2002 to $1,420 in January 2012, according to the company. Rare Earths Global said that it aims to increase extraction and production of these elements to satisfy increasing demand. Simon Ong, chief executive of Rare Earths Global, said: "This is an extremely exciting development for the group." "The board has identified a considerable opportunity to capitalise on the strong demand, and establish itself as one of China's leading mining services operators," he added.