Member Info for k7pws

rise was 40% today for sol. Will open around 129. Sola knows how to move! Expect more of the same! Rarely do theses rise for a day like this without continuing onwards for a few more. Don't be fooled by breathers too quickly.

B shares provide a legal way of returning capital. They are worth in this case 33p each, are not transferrable or admissable to aim for trading. They are simply redeemed for 33p cash. Nothing else you can do with them. Since this is capital it should not have tax deducted as dividends. Its part of your capital gains (or Loss). The Andash mine is valued at zero. they will give the govt 20% in return for their co operation. This returned cash was a chunk towards mine development. THats not going to happen until political stability comes around. Giving cash back first enables the 20% transfer to take place minimizing shareholder losses and risk. To bring the mine into development will require more than double what they are giving back. When and how is speculation, but the management seem to know what they are about. They are sick of stupid political games and want to kick the government into a reality check if they want this mine to generate wealth for their country.

I for one have been building a stake at recent low prices. Tending to focus on the most safe and undervalued stocks of which IMO this is one.

Well if you see nothing but encouraging news, then we will all do well. I hope your view is correct. To me I am still not sure how the market will react to short term unknowns. Longer term, fine. The possibility is ..( and its only a possibility, I do not claim to be an expert,) that as both cost of raw materials and end product have fallen dramatically anticipated revenues obviously fall and to maintain profits a greater margin must be achieved. I can forsee a possibility that margins will improve but not be sufficient to maintain anticipated profits. Now I know its already undervalued and that even if I am right, fundamentally the sp should rise. But we are not talking about a rational market here. If figures suggest, forcasting a lower profit..I don't know it might be higher, fingers crossed, but if it does, despite fundamentals the market reaction may be negative. Hence I am keeping the cash from half my holding to see what happens. I have enough to make good money anyway. Call it a hedge.

Just noted the previous posts upon return from school pick up. I shall have to re read carefully what I read in quite a hurry about 30 seconds after release. To me the news is mixed and I was unsure as to which way the market would initially go. The first part as I remember deals with the aforementioned revenue. The next part goes on to say that there will be a loss of about 130 million in the quarter because of the write downs in value of stock ( which presumably was considerable) . Commensurate reductions in the value of the product also has occured. The off shoot from these lower prices should be an "exponential" growth in demand... obviously because solar power will become more competitive. Temper this with the low oil price. Thats the theory. So the bear news is the loss, the bull is the high revenue and positive outlook on orders and 09 production. I had no idea which way to jump so I sold half mine in two tranches at 88 or thereabouts. If the price falls as I thought the more likely at the time, though who knows what hindsight will say, I will buy back on the speculation that profits will quickly recover next quarter and we have a long term highly promising company. All guesswork right now, but thats my take for what its worth. GL to all.

the bounce

Cambrian announces that it is suspending production of one of the underground mining units at its Maple Coal metallurgical coal mine in West Virginia. This decision is a direct result of the current global coking coal market conditions. As a consequence, the Company's annualised metallurgical coal production will be reduced by approximately 300,000 tons.

seem to come around the 18th. of every quarter, so maybe today at 2.30 ish. This one is important as the first results in 09, a period which sola management have declined to forecast, which in turn is probably part of the reason for sp falling so low. Markets hate any hint of uncertainty. Might be a pointer for rest of year. GL to anyone in here still.

http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2091962&source=RNS

seems to have hit resistance.

announced possible TO by Aquarius Platinum....sp rocketing

Thanks for the tip here! Its amusing to watch how you play all your tips from sidelines. My tip is if you believe he has picked a winner , buy early and sell early! Don't get greedy and you won't get caught!

I sold half yesterday which almost covered my investment. Looking at today I see no reason to panic and sell. This is not a very liquid stock and impatience is not a quality which will reap rewards. Its liable to get you screwed by MMs.

interesting and timely buy. ...Their mine... Lady Annie is producing at an annualised rate of 19,000 tonnes per annum (“tpa”) of copper cathode and will increase production to 30,000 tpa early in 2009.. CopperCo acquired the Lady Annie tenement package in September 2004 and in the following three years has increased the Mineral Resource by around 300% to 40 million tonnes (“Mt”) @ 0.9% copper (“Cu”) for 358,700 tonnes of contained copper. The Ore Reserve is 16.4Mt at 1.0% for 142,160 tonnes of recovered copper and will be revised in early 2008 to reflect the additional resources defined during 2007.

This is a small company, very small. So putting a lot into it almost certainly will result in liquidity problems. i.e. you won't be able to sell easily when you want to. Its MC is only 720k at current mid price valuation. 1k of money buys you .14% of the company! Relative to what I normally invest, I have a small amount in this. I won't be adding to my little pot even though I think my little pot will be profitable! Hope you get the drift! And yes, Moneyman comes up with good suggestions quite often, but he makes mistakes like the rest of us!

Can buy 2500 in one go. Not a lot. Tight control. However they will sell 15k at one time. More liquidity to sell. Infers MM is thinking these are more likely to rise and want to keep their hands well greased perhaps in whatever action they deem most likely?

On first take I thought the same as you Snozzy but then once I read it I realized it was a quote of Simon C. Gotta read stuff properly before making judgements and decisions.

You were right if you got in the order of 20p. This one truly wants to be off again. I am in again in mid 20's. Good luck

closed up in yankland today. around $4.50/ads so around 150 p open I reckon. I think we are in another bull run tomorrow before the next bear attack! The way its worked there may not be time for another bear run before results are announced. I think it will be a bull market till then. Still anything can happen . Best laid plans and all that. Regardless of howgood the news is I wouldn't be at all surprised if it triggers a shorting attack! Its like negotiating a minefield sometimesGL all

I have plenty of these so I am not in the market for more. Bought and sold today 120- 137. More than 10% helps put a grain back into the sand dune of red!!!