Member Info for Davbro68

Good results today, profit up, divi up, NAV. I contunue to hold this well managed property company. http://www.fool.co.uk/investing/2016/02/19/could-you-retire-early-with-segro-plc-prudential-plc-and-wizz-air-holdings-plc/

Randgold’s shares look expensive on most valuation metrics. Indeed, the 37 times price-to-earnings ratio is well ahead of the sector average and peers such as AngloGold Ashanti. But the company is generating earnings growth and has a track record of investment discipline, writes Alex Newman. “Randgold bucks industry trend to deliver record production for 2015,” begins Randgold Resources’ (RRS) fourth-quarter results. Such editorialising reads like puff, but a move to increase production by 6 per cent in 2015 is worth crowing about. That is because the gold miner also managed to lower cash costs below market expectations to $679 per ounce last year, and an average of $632 in the final quarter. Consequently, that helped boost free cash flow and more than double the cash balance. This pleased the market, which sent the shares up by 3 per cent in early trading. A reduced cost base makes the uptick in the gold price so far this year even better news. Chief executive Mark Bristow says the mines will remain cash generative at prices “well below the $1,000 an ounce level”, while the company’s Loulo-Gounkoto and Kibali mines are now expected to produce more than 600,000 ounces of gold a year for the next decade, at total cash costs of $600 an ounce. Analysts at Investec are forecasting earnings per share of $2.13 this year, and a pre-tax profit of $285m, up from $1.93 and $242m in 2015.

Worth a read http://seekingalpha.com/article/3894446-speculative-gold-shorts-abandon-positions-time-gold-take-breather

Banksman, valued information there mate. Yes PE over 40, but RRS currently giving me 31% profit, more than AUE ever did. Plus I have set a stop loss here at 15%. I have PAF on my watch list to, but took on board Bryn85 comment in waiting for a lower entry. Will that come now, not so sure. Jeez that is a bad loss on your ISA and I hope you claw it back. Last weekend I was researching ISA's and found a couple in precious metal only and made the decision to transfer into them, typically they went up about 15% this week, and my transfers are not yet complete!! I have lost about 8.5k. in AUE. I still hold a token 12k shares to see if a miracle might still happen. Tom Winnifrith recently done a pod cast on the company, basically saying even with the increase in POG they are screwed. They are at complete mercy to their lenders. AGQ went same way, almost completed their first silver mine, ran out of money and the creditors took ownership of the mine, leaving the company with exploration licences only. Not sure what to make of EDEN at the moment. Looks very likely fraud committed twice. I will hold at the moment with my remaining £500 investment. Cheers

Banksman, valued information there mate. Yes PE over 40, but RRS currently giving 31% profit more than

Yep! but my free carry got stopped out on that large fall. Now only holding £500 worth of shares there @ a loss. Cant bear to comment on AUE at the moment. Some of my shares were stopped out at about 3.5 and then I sold the majority at 3.16p and put my money equally into RRS FRES HOC and CEY all of which are now up 25-15% so recouping some of my losses. What your take on AUE worth buying again, if they can sort the mine problems and agree a debt plan, it should fly????

To AIM Regulation cc WH Ireland (Nomad) & FCA Eden Research - Suspension from AIM Needed as Clear fraud exposed Dear Sirs. I write to you and cc in hapless Nomad WH Ireland (WHI) with regard to AIM listed Eden Research PLC. In two article yesterday I demonstrated clearly that it had engaged in panama pump securities fraud in August 2015 (HERE), the TerpeneTech Transactions, and in exceptionally dubious undeclared related party share transactions in November 2014 (HERE). Both appear to have been signed off by hapless Nomad WH Ireland without the slightest degree of due diligence being undertaken. You will, perhaps, be aware that the man at the centre of this enterprise Ken Brooks has "form". As boss of 3DM ( now AIM listed Environmental Recycling Technologies) he has twice found a firm he ran being censured by the FSA for misleading investors. I have cc'd in the FCA so that it can dust off its old files and assist you. I would urge you to contact WH Ireland and "encourage" it to verify the clear evidence of wrong doing that I have demonstrated and thus to consider its position as to whether this company is fit to be listed on AIM. Meanwhile I would ask to liaise with your colleagues at the FCA with regard to the Terpenetech Transactions where it is clear that investors were mislead as to the real nature of what took place. On that basis I would urge you to commence a full market abuse enquiry. As ever, I remain. Your Obedient Servant Tom Winnifrith The Sheriff of AIM - See more at: http://www.*************.com/views/18609/eden-research-letter-to-aim-regulation-demanding-formal-investigation-and-suspension-of-shares#sthash.rKKaLRms.dpuf

Could be a little tight, following a strong rise in SP over a couple of weeks, you would expect some some of retrace. But always good to protect profits! I'm in at 46 and will be looking to top up on any weakness to SP

certainly looks more likely. Great result today. Only bought in on 25th Jan and now up over 20%. Should have bought more!!

Yep, a well timed buy what with gaps now filled in the chart down to 13p. I had sub 13 to buy in and now may have missed it. Will wait and see.........

Banksman - belated Happy New Year to you! Are you back in here? Below 14p is a good buy in price, but sub 13p is where I might top up. Being more cautious at the moment with the markets looking more jittery. Our gold mine continues to give us a headache I see, whilst the channel island company continues to sink (not in their thankfully)

Well, I have a better average than Robbie Burns and only hold 1030 shares here. Current trading range is 96-110p One I will hold for now, with possible top ups should 96 not hold.

Here's to a good 2016 for Eden. Lets hope we finally receive 3AEY approval for the all important grape growing countries of Europe. 2015 was very good for me here, banking 8.9k profit. Still hold 0.7k free shares and topped up 0.5k a little while ago, so now only have a small holding here, but will add further on any SP weakness.

2015 for me was a good year banking 10.4k profit. Now holding 2450 free shares in which I intend to continue to hold.

Hit the return button by mistake. Meant to have said, yes a great well run company. Not sure though with the selling of the Slough A4 Bath Road Offices. I realise they are fully let, but to me they are the crown jewels of the Trading Estate. What was Europe's largest Trading Estate they have sold over the years, the power station to SSE and the Retail Park also on the main A4 Bath Road. The company recently focusing on Data Centres, Warehousing, could come unstuck, should the market change direction in future.

Worked there myself as a graduate and for over 16 years. Left 2006 but still have contact with a couple of guys who still work there.

SP resistance at 17.50p broken so sold another stock to top up a small 0.5k here.

Not just yet please. Awaiting new funds 7-10 days from now to top up.................

I was very impressed with Jim Phillips presentation I attended recently in London and after some further research have decided to take a small holding. Anyone here got an idea how the sp might perform over the short / medium term. https://www.youtube.com/watch?v=DytdsxmPvsQ

Recent report by Shore Capital give current fair value at 22.5p and full revenue potential of 79p. Eden should be in profit in 2016. Much more detail on the Michael Walters website which I am not going to divulge here.