Member Info for CJ66

More like Afterplays price dropping from AUD 150's to AUD 138 today,
but agree long term it still looks good at such an equivalent discount to Afterplays price.
Just needs them to keep growing !!

...might also add that it seems slightly perverse that the CPO price has gone up steadily from 960 to 1090 in 3 months,
whilst the graph here shows the share price going from 620 to 600 (via 690) in the same time frame.
Results were 31st March last year, so hopefully will get a shot in the arm then!?

...as usual the price goes down slightly with plenty of selling...but can't think why - results and near term commodity price forecasts almost as good and a lot more solid than a bitcoin in my old fashion view!!

Chestec - it did previously get up to 15 1/2p for the total year, so yes the potential for a very decent dividend, especially as the debt reduction is a double positive on profits.

Hi Scooby - slightly oversimplified the tax seems designed to give producers a reasonable margin - to stop some of the cyclical excess profits and losses. This means that between a CPO price of $700 to $1000 actually gives them about the same profit.
Clearly the higher price does give some benefit, but the real plus comes with expanding production which not only gives higher profits, but effectively reduces the overall production cost with efficiency of the fixed cost base plant and personnel.
MPE's good management (dividends held or increased for 25yrs) and young plant profile (8yrs against a useful life of 25yrs) makes it a good long term company + why it attracts KKL !
I am biased having held the shares for 25yrs, from 47p + a few dividends in the meantime...

As Guitar says they have always been a low profile company, perhaps not the most exciting market they are in - however I first bought about 15 years ago when they were around £1 with a dividend of circa 10p = 10% with everybody worried about being a run off business, can they find more books to run at the right price, and therefore going to disappear one day etc.
Still going at over 2 1/2 times the share price and double the dividend - still people doubting...... take your choice!?!

Your name probably says it Value - I don't think there is any logic here just a wave to ride - bitcoin et al cryptos are in !!!

Not entirely sure but it could just be that they don't deal in all companies - I know that is one of the drawbacks of many of the free to trade people.

I do also wonder if this over hyped self fulfilling craze of bitcoin is also hurting gold - have heard people calling it the millennials new gold and replacement for gold etc etc.
Can't say I am interested in it, but have to admit if I knew it was going to go quite so mad I would have bought some Argo or some such to buy and sell - but will now stick with the longer term AAZ & SLP to hopefully be the tortoise at the end of the race!!
Fully agree with the opportunity to try and bring the 2 sides closer together when deep set fear and suspicion of each other abounds. I feel AAZ could be a good example of an intermediary pushing sound governance and respect as they have done on the Azeri side even donating beehives etc.

I believe aaz is counted as a uk based company despite all its operations being abroad - it is registered in the uk.

...just a shame about the planet !!

I have been in SPR since well before it dipped in the lock down and is now rising again - what attracted me was also the only listed house builder in Scotland (big fish in a small pond) and then it's tie up with Sigma PRS to build for private rented houses that gives it an extra secure outlet in balance to private sales.
It's relatively poor profit margins (to other listed builders) should also mean an ability to increase these and further amplify profit that is not currently priced in.
Just for balance the main downside was it's borrowings and already poor margins if house sales did dry up.

Small cap company with only 99m shares in issue - but if it's a good price still buy it as the counter side is that it doesn't take many share deals to move the price up or down more dramatically.
Also the actual price you can deal at is often less than the spread shown.

Whichever you like (I like both) - a couple of good articles on SLP discussions re SA power issues & PGM use in context of Hydrogen...

...a real danger, but ironically could presumably well push those metal prices higher as so much comes from SA.
Fingers crossed SLP can keep the lights on !!

...It maybe the market makers having to find more stock on increased volumes trying to calm the volume down and not get too caught out between buys and sells.
Re the value ST in the IC said an Afterplay price of AUSD 61 = 50p to TSL
AUSD 143.5 = 118p
+ circa 10p for the rest of TSL
This implies TSL is just a smart way of hedge playing Afterplay at a huge discount (and would be far better than buying Afterplay shares if you could). i.e. around todays 80p price you get 50p for free, or if Afterplays price fell to AUSD 100 your still around 95p value.
Of course it all really boils down to how you view Afterplay rather than TSL - and as long as such tech stocks ride high!?!

Certainly not serious yet and things can change quickly - but lets not kid ourselves (FT showing $1786 at close)
On the plus side AAZ worked on an average of $1500 for last years estimates to make good profits + they are a lower quartile cost producer.
However to fund our dividends + the numerous new opportunities they will need spend capital /wages on before payback - we need the money printing machine to keep on giving - especially if as intimated they come out with a production forecast for this year only about the same as last year...

Don't know OldH, but last years 1/2 year report was 17th Feb - which may say more...
Your right the amount will theoretically go down the same as the dividend - but the companies future profit potential is what should drive the share price up or down ongoing and that is largely driven by the commodities price trajectory.
At the minute I would say this looks pretty good and a lot more solid than Reddit speculative ideas (if not quite as exciting!)

...perhaps AAZ should start saying how much silver they mine and get from the concentrate production, or change to silver equivalent ounces - share price might go up a few pence! - I'm only joking, but already this is pretty ridiculous, apparently the Hedge funds are already employing automated word search techniques on the boards and are now copying the reddit etc boards - they won't loose out for long.
Far better to my mind is to concentrate on say the real use/need for copper, palladium or whatever and invest in the appropriate companies. If silver really is on a long term rally, I would prefer to see the evidence before rushing to buy Fresnillo and others.
As usual some speculators will make or loose money, but the pro's are not far behind to grab most of it (especially having been fleeced once!)

Seems a bit harsh , but as said some profit selling not surprising and on relatively low volume.
I find the reddit, bitcoin and even now silver stuff amazing - some will make lots, more will lose lots,
it's so tempting to feel the FOMO fear of missing out - but look at the crap even on this bulletin on Argo blockchain or even Hochilds 'never even heard of the company until twitter' so buying loads, £10 tomorrow etc etc.
As Buffett would point out there are a lot of people out there trading without their underpants on, and when the tide goes out...!
I will stick to the tortoise slow and steady - and you guys on this share seem pretty balanced - thanks...