Member Info for chique

senseman - I sold out today but have since bought back 20% of my original holding

My main concern is the discussions with saudi over increasing production and also the talks with Iran regarding sanctions and whether this will force saudi into increasing to spite Iran

In your opinion - what would be the affect on the price of oil if saudi increased production / and or Iran were given the green light to sell oil by lifting of sanctions

from what I understand it would take time to feed in

What is your opinion?

pedro61 - How do you arrive at the valuation you do?

What is your valuation?

Poieo - well done for holding - I did quite a bit of research before buying into HMI , it is now my largest holding

I think the future is bright and we should be headed toward 15p at the moment (maybe after Q1 figures ) then at some point this year we should get a good idea as to what 2023 holds and this , similar to Verde should in my opinion give us a forward rating of 35p this year when 2023 figures become clearer.

Brian was saying KP fertil buyers generally buy 3 X limestone as KP fertil so that aspect of revenue will be good to see moving next year

Brian said revenue next year revenue from Limestone - so if they pre-sell early on it could be a good additional profit

I don't think the price will be close to KP Fertil which I think must be appr 62.50 AUD now maybe a touch more. I was thinking 30 dollars based on a few sites I have visited , but interested to hear if others have information

I am modifying web page calculator to include limestone for 2023 , which will be part of our rating later in the year as a forward PE

What are the thoughts as to sales price / cost and quantities in relation to KP feretil sales

Should get an update soon about gas contract

joo1 - same here with the high oil price I was living with the water cut , bubble point and CB issues but the possibility of Iran coming back into the oil market was what triggered my sale - one too many potential issues

Happy we had that rise and had a great exit point at 8.3 , but never really saw how the last update was worth the rise we had. AM / CB yes

Probably a mix of retrace and oil price and possible Iran deal to increase supply

Rajbury - nice one

With the possibility of deal with Iran and increasing supply - may well have been a good point to exit in the short term

Took profits this morning - what a ride :-)

Managed to get an extra 4000 - but only offering max 1000 now

This has been telephone only now for 10 minutes - they have run out of shares

apologies - I was too lazy to look , yes it's all there :-)

Yes it's quite a large article spanning 3 column pages

Stalled in the 90's until we get the next RNS - with any luck will be quite positive and may have some mention of cash pile usage

This is a small part of write up

Using the latest market prices, Arix’s listed portfolio is currently worth £51mn (39.5p a share), a sum that accounts for less than a quarter of my spot NAV estimate of £239mn (185p a share). The unlisted portfolio has a pro-forma valuation of £60mn(46.5p a share) and Arix has net cash of around £127.8mn (99p a share) after accounting for £30mn of investments made in the second half of 2021, estimated operating expenses of £2.5mn during the six-month period, and £3.5mn of share buybacks.

This means that the cash pile backs up 83 per cent of the company’s £154mn market capitalisation, so the unlisted and listed portfolios are in the price for only £26mn even though they have a combined value of £111mn.

The bottom line is that cash in the bank and the valuable Artios stake back up all of Arix’s market capitalisation of £154mn,
so you are getting a free ride on the whole listed portfolio worth £51mn and £35mn of other unlisted holdings, too.

The de-rating has gone too far, and bottom fishers should be rewarded. Buy

Not that one it's in 18th Jan 22 edition magazine - quite a good write up

IC buy tip today - oversold and cash alone worth 99p of SP