Member Info for CJ66

.....notwithstanding any tariff benefits - H1 crops up 28% + price obtained up 34% on a fairly fixed cost base should equal a much higher share price - but we will have to make do with the 30p dividend while we wait...!!

5 months CPO +26% on last year + 25% price increase = will be a pretty strong 1/2 year result.
It didn't mention net cash, but 3mth quarter 1 showed $142m net vs $115m at year end so could be near $165-170m.
This equates to well over £2.50 a share cash which makes the share price pretty ridiculously cheap, but as others have pointed out, I can't square up the lack of progress (need for money) on planting against paying just paltry dividends.
This would surely spotlight the ability to make cash and progress the dividend and the perhaps then, even the share price !

What more can you ask (except a much higher share price!) - Volume up 25%, price obtained up 30% (means much higher profits on relatively static capital cost), dividend expected up to 30p, looking to acquire more land....

I think you make a good point Gerry - they give on one hand and take away with the other - give you £3.55 x3 = £10.65 and then take away one of your shares.
Now if Costa wants to use the equivalent money to buy back his share it is currently £11 - i.e. he has lost out by getting the £10.65 but then having to pay £11 to get it back.
To work the share price must fall below £10.65.
It all sounds rather like a game of smoke and mirrors and just takes a load of shares and money away - but it is left in a good condition overall despite this....

Not sure about this as beneficial diversification Zimbabwe wouldn't be my favourite for stability and consistency!?!
Such ventures can often seem enticing until the rules are changed...

I did say some time ago that this is like a REIT -it pays out most of it's earnings in dividends which is great - but the downside is that it has to raise money to expand = share issues - usually at a discount to get them away!
It's done it several times before already, so although the covid crisis created it's own mayhem to the asset and share price - going ahead it tends to perform in this way (I had the same reaction when buying SUPR, buying shares for them to fall about 3 days later on news of a similar type share issue!) - you just have to look longer term and enjoy the dividends...

...haven't had any alert or notice through either - not that I can do anything as mine are in an ISA - and used yrs limit + don't have £1000 minimum purchase required as spare cash at present,
hence my annoyance below.
Feel like Victor Meldrew now....

Ugh....problem with REIT's is that they pay out all profits as dividends which is nice, but can only really grow by issuing more shares that they invariably do at a discount so people will take them - thus hard pedaling upwards.
Wouldn't mind too much except that I just topped up at £1.09 and now they have sooner than expected offered more at £1.06.
Small beer, but still a Grrr at the timing....!!

...troubles aren't with Azerbaijan or the conflict - more now with gold near breaking below $1700, which is very important to AAZ with under 100k oz production to support it's multiple potential activities.
It needs the cash, especially if we are still to receive generous dividends.
Any long term views, supports for the gold picture?

I agree JTD, never usually have problems but had difficulty trading in AAZ and several other shares lately - if you play with the numbers they just let you trade a silly amount of say 100 when previously no problem with 10,000.
I even put the shown full buy price as a limit on one trades share with a trading timescale for the whole day and it wasn't actioned - when I have freely traded in it for far larger amounts before.
Not sure what the game is or how they are being allowed to do it, or who you can complain to ?!?

No they can issue shares, buy back shares and pay dividends - a previous report stated - 'In anticipation of funds needed for the development of the Zone II area at Caijiaying, the directors do not recommend the payment of a dividend at this time'.

Had your chips I'm afraid Charris et al vs further gains - Starwood have already built up a 29.59% holding + recommended by the RDI Directors,
so very unlikely anyone else will come out of the woodwork.
Unfortunately when interest is lacking it allows this sort of opportune approach - so it will be subsumed into a larger entity...will also have to look elsewhere.

It was MrG, but looks like times up with 121.35p per share bid !
Premium of circa 33% to the share price but 20% below NAV just about sums up a purchase on the cheap - but probably as good as we will get out of it....

Have also wondered that Pilko, and I believe they do have to get 'official permission' to do so, but I have held a couple of former chinese companies that listed here - such as china shoto (taken over at a large premium) & asian citrus (before it went belly up by contrast!) that happily paid out divis.
Think it's more a management thing as they have for many years come up with a succession of pretty weak excuses not to do so. As I have said it's a good investment case, just they seem to have forgotten the rest of the shareholders wishes!

yes Scooby but an unfortunately rather hidden share.
Indonesia has been trying to clear up it's act from illegal activities and has worked well with an incentive from Norway's sovereign fund worth up to $1bn on a results base.
It's much better to work with regulated responsible companies than just to blacklist or not use which is generally Europe's approach. After all palm oil is approximately 40% of the worlds vegetable oil grown on 8% of the area dedicated to vegetable oil cultivation. This could just be shifted to a far bigger problem with Brazil growing inefficient soyabean in the amazon and cerrado destruction.
I don't want to get into an environmental bric bat, but I do think we tend to sweep such problems (human population?) under the carpet.
mpe also does a lot for it's workers and community compared to many countries farming and mining operators.

Remember the Afterplay valuation is based on it's share price and therefore TSL will follow it's share price - AUD 119 today down from AUD 152 just 5 days ago.
Why or however the discount is being manifested in TSL's share price I'm not quite sure - but it will perhaps always follow this until the pay day comes nearer?
Some shares remain over valued and some undervalued for long periods of time - but it looks like TSL's share price will just be a read across from whatever Afterplays is doing, unless it finds more strings to it's bow!

Also whilst sticking the boot in on poor management, as a long term holder I do remember they are also experts at awarding themselves large amounts of options at opportune commodity low points, which also benefit more by buybacks than dividends.
As examples the recent cashing in ('by Directors & Management') of 125k issued at 30p & 250k at 40p. These were at least not handed out free, but I do remember raising my eyebrows at the last time (and have done it before) for the amount and clever timing, but these are always nodded through by shareholders at AGM's.
Commodity price fluctuations aside this has been a steady producer for years so could have often afforded dividends even if fluctuating - it's not exactly a frontier risky adventurer with loads of other discoveries....!
Great prospects...but just give us a small dividend please....!!

..relevant point to say is current MPE production cost is $385 so a decent margin.

Very disappointing as you say, this just concentrates the holdings of big shareholders and much of it after a big share price increase anyway. Would have been good 6 months ago - how come spare now after more production costs with the new licence? They have always shied away from paying divis for some reason, thus although having both I have always found CAML more productive!

Its about the same as before up to circa $700 but then they get taxed more heavily as it rises so yes they lose about $200 dollars in getting to $1000. However remember the price falling to below $600 months ago means they benefit well against last year. What it will stop is huge beneficial gains if it really spikes as you get currently with gold or copper companies that usually face a static tax rate of boom or bust.