.......know what's happening with AGTA??? Struggling to find out anything recent from anywhere. Any info would be gratefully received.
This may the same info as 'trades' post but can't open that at mo. Managagement update issued today at http://www.gemdiamonds.com/im/press_display.asp?Id=2009/19oct2009 As well as mine updates, this reiterates that the company has zero debt & US$100m cash. That's not a bad position for starters before considering their world class mines.
Lets hope Gordon Brown puts his words into action & commissions a whole load of new wind farms for RWE to build! He today blurted about the major powers cutting emmissions or there will be catastrophe, particularly in Britain! There's a huge UN meeting on climate change in December so if nothing happens with regard to wind farm expansion, hopefully it will as a result of that. Lets hope RWE £69m is coming just at the right time for them to expand on a major scale in the UK.
Nearly all buys in RWE today from what I can see, including 2 very large buys of £230k & £202k, but the sp falls - now that seems very strange to me. Why is the sp here being held back? Are the MMs trying to fill an even larger order & deliberately keeping the sp down???
With the growing green power push & the growing pressure of the major world powers to be seen to be doing something, I believe wind power is gonna be a big growth area in this country. RWE will soon be debt-free & have a whole wedge of cash in the bank to build new wind farms here, as they are selling off their Canadian arm for £69m! Similar to TEG there have been a lot of set up costs for these companies, but I believe the company stats will be transformed over the coming years.
Very suprised that WKP hasn't risen with the rest of the sector today. Can't understand what's holding it back really. The big money is just going into other property companies at the mo I guess. WKP will have it's day though, I have no doubt about that.
This company's value is still not being reflected in the sp. Can only be a matter of time before someone with a lot of cash notices, surely??
Now more than 100% up with my INCH holding but not even considering top slicing as feel very comfortable with this company's recovery, & feel there's a long, long for this sp to go yet. Definitely a long term 'hold' for me.
No reply from AGTA yet but good to see these bouncing back over the past couple days even though trading has been very sparse. Think I've missed the low to top up so will probably just sit & watch with what I've got for the time being.
A very quiet day today after yesterday's excitement. Seems to have been virtually all buys though, assuming the after hours stuff is the MMs balancing the books. I was half expecting this to drop from profit taking but it seems most agree that this is still way undervalued & has some way to rise yet to achieve an accurate market cap.
Nice post mate. Certainly sounds good for WKP - things are definitely heading in the right direction in this sector at last!
You know where you are with pvcs - seems to be on a very fixed cycle at present between 70 & 90 so if you get in at the right point there should be easy money to be made. I'm still looking long term here though so am desperate for it to break through the high 80s resistance!
I can not find any report of the Total money actually been paid to AGTA yet - I have therefore contacted the company to try to find out. I will post their reply on here. The near 10% rise today was pleasing to see!
If I were you I would hold on to these. This is just the beginning for INCH - in my view it has a long way to go yet - the economy is a long way from full recovery, as is INCH. My plan here is definitely to be very patient & I'm confident I'll be very rewarded!
The buys keep coming because this is at a knock down bargain price. WKP property portfolio is vast & as the economy picks up will bring a great income to go with the large asset value. The current sp certainly does not refelct the true value of this company. IMHO
The Total cash totally revalues this company. That's got to be refelected in the sp sooner or later. Am desperately trying to free up some cash to buy more of these while it's at this level - to me it's a steal!!
Maybe the 5-6p range wasn't so secure!! Things have just gone a little quiet with AGTA so I guess investment money is being diverted elsewhere. Could do with an RNS here soon to perk things up again.
Can't see this getting anywhere near 160p again personally. This is generally just following the market down. I'd be very suprised to see it go below 210p. But if it does I'll definitely be tucking some more away for a safe and steady rise.
Just got back in WKP before the close today. Very suprised to see these back at 20p (but pleased so that I could get back in at what I consider a bargain price!). These are only following the whole market down & will soon bounce back given all the positive news on property prices & the pick up in small business lettings that the economic recovery is bringing. Very happy to be a WKPer again!!
Buy price at mo is 12.5 - dunno why spread is stated as 11.5-13.5!!!