Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well, this is not much fun today. Think I will switch off and come back tomorrow!
Does anyone remember evil kneival (spelling might be wrong) who is a well known short seller? I remember crossing swords with him many years ago over Sporting Bet. He was short at around 35p. The share went ballistic over a year or so to around £4 I think and I held all the way. It was eventually screwed by the Americans making online betting illegal but that's another story. He was also forecasting it to be worth 0p per share. People have agendas and sometimes are blind to the figures staring them in the face. This is a gold ingot waiting to picked up by anyone who can spot it. It's not the next Microsoft! Just an undervalued company that is likely to rise 700%. When it completes its rerating, I will be off. But not before.
I also don't buy the fact that TW is an independent observer championing the cause like some kind of Batman of AIM. Consider this: you are away on your wedding anniversary having a weeks holiday. Yet you find the time to record a blog rubbishing specific shares. Either he needs to get a life, or he has a really important reason for doing this while he ought to be wining and dining and being a tourist. I don't buy the "I hold no positions" line at all. Even an imbecile can disguise this (wife, brother, mother friend etc). No. In order to take the time to post this drivel, whilst on on holiday celebrating your wedding anniversary, you need a damn good reason. And that reason is probably an open position. I can't prove this of course. But people are people. And people with enough power to move a (very small) market should be treated with a huge amount of skepticism. If he does indeed hold a short position, then it will be a pleasure to know he is being stung by a very large rise tomorrow.
The bright side of this of course is that we are able to buy shares at a really silly price. The dark side is I don't think those who bought in at 30p agree with me. Again, their anger should be aimed directly at the broker.
Hi is an arrogant and misinformed idiot. He was right about the placing but totally misunderstood both the reasons for it and the pricing of it. For the pricing, we can blame WH Ireland who were too lazy and too greedy to get the placing off at a sensible price. The reason for the placing was also simple. They originally intended to raise 3M when they floated as this is what was needed for expansion. They could only get 1M. The difference was always going to be made up at some point in order to fund expansion (as originally intended!). If there is a baddy in all of this, it is the brokers and not the company.
Hard to believe this quiet BB has turned into such a mess of squabbling fools. Look...We invest (or not) on the audited accounts of a company. These are the facts as we know them. It's pointless to say they are somehow fake. In fact it might even be libel to suggest this so watch out for a solicitors letter! And on the figures we have, from respected auditors, the company is stupidly undervalued. On that basis, the shares should reach 18p.Simple. Let's have some civility and decorum on here?
Fundamental value looks to be 20p or so. 28p if we are working on NAV On a technical level, if 5p is broken next week, then it will be a very fast rise indeed to 17p.
Seems like I missed some fun here. A little peeved to be honest as I am planning to buy more shares next Tuesday for my SIPP. So half of me hopes for a pull back and the other wants a rise for the shares I have. Hmmm
Yes. But as I said, I am hoping to stay low for a while yet!
Happy for it to remain under the radar for now to be honest. I am planning to buy some shares shortly. Preferably at this price!
Oh, I can't paste a link. Hmmm. Ok, whole article then! Auhua Clean Energy (ACE) Rose 20% on $50M Dollar Takeover Rumours Auhua Clean Energy was a major riser today with intense buying after rumours emerged of its main shareholder and backer Rowsley Limited is having to fend off suitors as Chinese multi nationals target Auhua Clean Energy. Talk in China is Auhua’s technology which is deemed as best in class as well as being officially recommended by China’s Building Materials, Auhua Clean Energy, the specialist split-unit solar water heater system products group based in the Shandong province of China, has reported that trading for the first half year has been in line with expectations. It has also announced further milestones including the establishment and implementation of industry standards for the split-unit solar water heater industry in Shandong, which Auhua has been a key adviser to. The Company has signed memorandums of understanding with four large conglomerates for use of Auhua's split-unit solar water heaters for their property projects. The Company has also been awarded the "Official Recommended Building and Engineering Product" by the Building Materials Department from the China Association for Engineering Construction Standardisation. Auhua is currently the only official recommended supplier of split-unit solar water heaters in the whole of China. Department,http://www.auhuacleanenergy.com/files/media/Auhua%20Clean%20Energy%20Company%20Update%2003.09.2012.pdf And this has attracted a number of suitors including, Suntech who are one of China’s first solar energy companies and is now the world’s largest silicon solar panel producer. The company has grown quickly since its establishment in September 2001 and now has a presence in 80 countries worldwide and a dynamic research and development team spread across five countries. One of the company’s key milestones was winning a contract to supply the solar panels for the revolutionary Bird’s Nest 2008 Olympics Arena in Beijing – a 130 kW solar installation. The business has also successfully penetrated the western market by establishing its first U.S. factory in Arizona on January 2010. Suntech’s technology now ranks among the best in the world after attaining a photovoltaic conversion efficiency of 19% for mono crystalline solar cells and 17% for polycrystalline photovoltaic cells in 2009 and attained the 2 GW (gigawatt) mark in 2011. Also in the frame is Sharp Solar a subsidiary business of the Japanese electronics giant, Sharp. The company has been developing solar power solutions for more than 50 years and has secured a large consumer base and is well trusted in the industry. Sharp Solar was the first of all solar energy companies to achieve 2 GW of solar cells. They have repeatedly broken world records for solar cell conversion efficiency achieving 14.4% for polycrystalline
So here is the recent source of takeover talk. This can only get more frenzied in my opinion as long as the share price remains so depressed. Sooner or later, an rns will come. http://www.smallcapnetwork.com/Auhua-Clean-Energy-ACE-Rose-20-on-50M-Dollar-Takeover-Rumours/s/via/49745/article/view/p/mid/1/id/1/#.VdwYn0FVSAc.twitter