Member Info for LuckyLuciano

please....
Just going trough the figures of H1 out of boredom...(I know I need a girlfriend)
This is not the correct way to calculate average realised selling price, but dividing some 10 Billion Rand revenue by 6.6 m/t sold gives me $106/t, Rand/$ was pretty much the same for H1/21.
Isn't a bit too high?
The average coal price for q3 is 135/140 some $30 more than H1, is it less 23% discount?
Also I read that TGA has £150 million net cash, is that after taking out any debt, and if so how much is debit?
tx

..another comparison and this time not on value or fundamentals but only on sp increase. Peabody made a loss on last quarter to June21, when coal prices were already on the rise, complex operation selling all sort of type of coal, much bigger volumes too. Anyhow thing is PEABODY sp has risen as much as TGA sp since its flotation end of June, trebling in the process. Assumption is that the rise is mainly due to coal price increase and trend which seem quite strong. Possibly then the very good financials and low cost cash generation that TGA is making, are very little or not factored in at all. My assumption is that even if TGA was making a loss its sp would have risen substantially with these coal prices. Awaiting a massive re-rating once Q3 number out will confirm accounting consistency from H1 results. On this I will try to contact the company to see if they are planning a trading statement of indeed quarters results or only half year results.

This is 3/4 of my portfolio the rest been US steel makers and one AU nickel producer. Have £600 left in cash lololo. I know is not advisable to put all your eggs in one basket but at the same time potentially is the best /only way to make meaningful returns...... I remember Novavax some months ago making me some 100k in few days, much riskier bet than this.....

...and yet the fundamentals and market forces for coal give and even bullish picture going forward.
If somehow is to early to compare peers with TGA, the bullishness of coal to other commodities is quite interesting.
There are some factors including policies and perceptions that make this market quite unique and unpredictable. Till yesterday coal miners were doom and gloom, possibly still a perception attached to them by analysts and investors, but i reed that coal is never be more needed than now. If is true that in the end market forces are dictating policies direction and choices, well then we need coal price at $500/t to speed up the green revolution. I have just subscribed for a monthly donation towards carbon capture tech. I am buying 220Kg of CO2 to be captured from the environment a drop in the ocean compared to what is needed to slow down climate change. Yet policies and politics are pushing in two different directions, by phasing out coal mining and at the same time consuming more coal then before. There will pass many decades if and when eventually humanity will have global warming under control and the cost to get there and loss of revenue from some countries producing coal or fossil fuel is unimaginable. To note for what is worth is that Brent since bottoming in April 2020 has risen more than coal, again high cola price is a good thing and possibly the only solution to global warming.

Very good point about lack of numbers to compare with other cola miners. To note that since numbers came out in August although somewhat unreliable tga sp started to rise even faster. A trading update would be very bullish right now..

My point is.... I still seem to be the only one trying to make fundamental and value comparison between tga and other coal miners. Not trying to show off here, is just that imo it is of upmost importance in getting the maximum profit out of this investment. It would be sad to jum out of tga and sell at say... £5 to see the sp slowly doubling. Yesterday on the AUS market Whitehaven Coal and Yancoal Australia were up again making new recent high, no doubt is because of recent coal price rise, these companies made a loss at June 21 results. What value do you give to tga compared to its peers?

..and lot of exuberance out there, people making jokes, others setting revised sp target and the ramping got out of control.
This is more amusing than a circus..

Scooby sorry mate not piking on you ...and nothing to do with the previous joke.
But please explain, Bid:331 ask 298.90....is it more than 10% spread?

No offence taken Scoooby..

No offence taken... Scoobidoooooooo

I new soon or later some joke about race or ethnicity was coming out....

....I mean some people on this board ask only questions and make judgements,
other put their neck on the line and inevitably get criticised.
Dam I still haven't learned my lesson!

Right sorry about that tedmak will try to be more down to hearth next time.
You are the guy that came up with an intelligent post recently about comparing pure coal producers, any follow up about that?

.. And thus is why I have my conspiracy theory that mm is trying to gather shares, it does look they are struggling to supply demand. Normally under these cyrcumstances the mm has 2 options... actually 3. 1 is to scare investors with sudden sp drops, also called tree shaking, 2 is the opposite, been to rise the sp faster too slow down the buying as investors will start to perceive it too expensive to value and fundamentals (not a good idea when coal price is also rising) the third is to borrow shares they don't have to satisfy demand, but this costs money..... Not expert on this matter and appreciate comments.

Yes helu0104 is either that.. Or this morning they wanted to get rid of some stops..

BC please don't let me bring out your ramping post on tga just days ago. This double standard is unacceptable... Lol beside you accuse me of having lost other people money that is laughable. I suppose for the same token you are going rownd saying that you made other people make money on Tga........ Ahh sorry I forgot you! This is why you keep going on that you was one of the first invested in tga "from the beginning" watch out guys and girls Pl send a cheque to BC he was here first.

On the US index I see what you see, but if you zoom out you'll see a continuous up trajectory since 2020, we had covid19 variants and disappointing numbers and yet the market pushed higher.

I am looking at live trades... And I may be wrkng6but it does look the market maker is bringing down the sp deliberately because need the shares. Today trades opened with 311 sp which was above yesterday close and then dropped to 304 just like that..... Is my theory that once the mm will have enough shares on hands the sp will rise very quickly. Dyor

I invite anyone reading SR123 posts to chek his other post on other shares, to understand his real intentions here. Does look to me of someone that is negative because whant in cheap for a quick trade. How is it going your investment in UKGO?

SR123 so you sold Tga and now want to buy cheaper..... Hurry up then.