Member Info for davethechef

It's been muted by the Chairman of Yangzijiang Shipbuilding, Ren Yuanlin(& for those subsidiary yards, one of which is ours) that Clean Energy Vessels/LNG will be one of their primary focus for the future. The below links all mention this and particularly the first link which states our Offshore Yard, from August 2015. https://www.nextinsight.biz/index.php/story-archive-mainmenu-60/927-2015/10190-yangzijiang-defies-headwinds-to-grow-capacity-orders-and-output. And December 2015 http://www.straitstimes.com/business/companies-markets/yangzijiang-executive-chairman-steers-firm-through-rough-waters. And February 2016 http://www.businesstimes.com.sg/companies-markets/yangzijiang-shipbuildings-q4-profit-plunges-93. So its just a matter of time, like your link this month Knicol46, suggests. Should be lucrative for AMED, as part 19% interest. And there's the JV our offshore yard undertook from this August, revenues should show in next year's results. But as we know, larger developments, take considerable time, to generate payback. 'Next year Rodder's!!!

That's hugely significant, that latest link, re: past year's mentions from YZJ's Chairman Ren Yuanlin on future interests. May well involve our Offshore yard re LNG. I'll add further soon. Well found Knicol46

The JV Amedeo choose not to inform us about in the Interims(!?!) has completed it's first work http://www.yzjship.com/en/news_info.asp?id=159 As for the rig.....we await news...

Interesting article on recovering appetite for deep-water drilling https://oilprice.com/Energy/Energy-General/The-Return-Of-Deepwater-Oil.html Taken from above link 'That feeling of optimism is substantiated, there's a lot happening," Horacio Cuenca, an oil industry analyst in Rio with Wood Mackenzie, told Reuters. "It's like night and day compared to a year ago,

We know the assets/MGR/copper mine investment/cash & outstanding loan owned, must be worth a lot greater than our present sp/mkt capt, and with no debt I continue to hold with comfortable assurance. Looking back through RNS's several years back I note especially that of 17 July 2012 re the land of the Offshore yard, acquired by our JV partners. I state 'total cost of the Land will be $65 million' Wow! That an interesting perspective, alone.

H howdlep, apologise for delayed reply. I'm a little busy of late & will decline for now to add my thoughts; however I have found the discussion on iii very interesting to follow & respect those inputs of Bowood & izzy bear(& your additions ofcourse too). With crude oil returning to $60 finally, copper sparkling & holding above $3 per lb, and iron ore holding steady around $60 ; tonne too, commodities/brokering/MGR looks the most promising its been for a few years. The rig delivery news still we await, but Bowood on iii, makes an interesting mention recently that perhaps it'll appear only in a pre-end-of-year-close statement(& will then feature in next year's June Results)

Hefty jump-up on the Ask now, after earlier buy;14.70p. although still 13p to sell. So tight are the shares, that it has a tendency to rise on each buy.

Good insight by Bowood on iii(I'm sure he won't mind posting) The liquid assets he mentions would be the Cash in the bank, the $800,000 loan and interest payable. Plus not mentioned below is the copper mine investment/potential. 'Yes Izzy I also feel very comfortable here, as you say there are liquid assets and investments and no debt which together effectively account for the low MC of less than �5m at 15p without putting any value whatsoever on the yard and the rig. In other words you could forget all about the rig/yard and there would still be a fantastic business with good earning and growth potential. But of course there is value in the rig and if this has a value of �15m it would equate to another 45p a share. We are massively undervalued and with little risk and I will look to add a few more. Well before the end of the year I feel we will get an RNS that will result in a rerate and a new level to move forward from. I think the region AMED operates in can open up tremendous growth opportunities'.

China's Belt Road Initiative, updated link today http://splash247.com/chinas-belt-road-initiative-supply-chains-asia/ That's my 11k top-up.

There you go 40k plus trade, negotiated I expect. Now 12.50p to buy. Shares will become 'tight' to accumulate especially.

You can now buy & sell at 11.50p. What's all that about! At least with Halifax

You can now buy, back at the Bid price!?! 11.50p. All very strange. MM's messing about or a hefty sell OR buy going through the system. Who knows!?! No debt, no dilution, robust cash position, considering little overheads, interesting assets & potential especially MGR & the copper mine investment. Copper prices back to two year high+. And the rig.....

Interesting comment from Bowood on iii. 'AMED is not for day trading IMO. However I do feel it is one to buy into ahead of the year end 31 December as I am sure they will want to get the sale of the rig in the year end numbers. Were that to happen and with good progress on processing metals into China by MGR there should be scope for a massive rerate. Such a rerate could come via a pre close statement in December following the receipt of proceeds from the sale of the rig. There could be scope for 30p plus by the end of the year.'

Knicol46, that further $Billion contract fell through later that year, I understand. We're still awaiting further sizeable contract wins.

Likewise D Shox I can understand P.I's frustrated sells, but you have to look at the bigger picture, for the future. Just noticed Amedeo Resources haven't even updated their own website on yesterday's Interims however here's yesterday's proactiveinvestor's link http://www.proactiveinvestors.co.uk/companies/news/184584/amedeo-resources-digs-in-and-waits-for-upturn-184584.html

Disappointed we didn't get much 'meat-on-the-bones' in the Interims, for example, MGR's latest benefits owing to the tie-in with the copper mine stake & rising copper, iron ore prices; year-on-year. And no mention of whether we've received further work from YZJ or mention of the The Board of Directors (the “Board”) of Yangzijiang Shipbuilding (Holdings) Ltd. (“YZJ” or the “Company”) is pleased to announce that its 79.6%-owned subsidiary, Jiangsu Yangzijiang Offshore Engineering Co., Ltd. (“JYOECO”) has entered into an agreement with strategic partners to establish a joint venture company in Jiangsu Taicang to be mainly involved in steel structure fabrication of steel pipe pile for international seas, port, bridge and offshore projects. However The proposed name of the joint venture company is “Jiangsu Yangzi Chengkang Marine Equipment Co. Limited.” (“JYCMECO”) although it has been said any revenues will not until next financial year I understand. However, this is still a strong hold for me, our MC is piddly at £3.5mill compared to our growing/ expansion potential of MGR in China, S.E Asia, our copper mine stake, our assets, multi-mill rig, ship yard value, our high-spec rig to generate substantial cash to our offshore yard/our 19% holding etc etc! Think of this, I'd have though South Korean rig,shipyards(China's main competitors) are not in favour with the escalating tension with North Korea on their doorstep, presently. Another all important multi-mill £ order is just a matter of time, especially with oil prices, vessel markets recovering, although slowly.

Thanks to Purple11 on advfn, Silver Falcon soon to be ticker HEMO, will be involved in presentations. 'Spread the word' as follows, Investor Presentations Tue, 26th Sep 2017 07:00 RNS Number : 7722R Silver Falcon PLC 26 September 2017 Silver Falcon Plc (to become Hemogenyx Pharmaceuticals Plc) Investor presentations Silver Falcon Plc, (LSE: SILF), which has agreed to acquire the biotechnology company Hemogenyx Pharmaceuticals Limited ("Hemogenyx"), announces that it will be holding a series of meetings with investors regarding the opportunity presented to shareholders by the proposed acquisition of Hemogenyx LLC ("Hemogenyx"). The presentation will be led by Chief Executive Officer & Co-Founder of Hemogenyx, Dr Vladislav Sandler, with other Proposed Directors available for discussions after the formal presentation. The same presentation will be given at all events which are being held at different times to offer convenient options for those wishing to attend.

Looking like next week then, unless there's a nasty end of hours/after hours RNS, which is never good. Oil prices continue to recover, copper still preforming strong, holding steady just below $3, and iron ore again, roughly steady about $70 all generally positive.

'Demand for new rigs is rising.The risk of rig values falling further (for new rigs) seems outweighed by the likelihood that they’ll rise as oil companies continue to prefer modern, efficient rigs and the pool of supply becomes smaller' taken from today's report http://www.offshoreenergytoday.com/bassoe-offshore-drilling-rig-empires-emerging-to-take-over-the-industry/

Energy demand report with China in primary position http://oilprice.com/Energy/Crude-Oil/China-To-Dictate-Energy-Growth-In-Coming-Years.html