I must add that yesterday I seen rm2 listed on fund manager Neil woodfords portfolio, so it will get even further coverage there. Neil woodford is a popular fund manger held in high regard in the city.
this stock was on my radar for a while and has now been tipped in the investors chronicle.
they detail the significance of the director buys which were particularly heavy.thought i better take the plunge. gl hope comes good
What news is due here at the moment. I've had this stock on my watchlist for some time and see its dropped alot.... Could be a good buying opportunity.appreciate any feedback
Agreed great article. I was in cluff gold just before it changed name to ama and have been watching closely .surprised to see it has fallen to where my other stock shanta gold is at..... Ama with less shares in issue.recent director buys and the have cash for capex provides a lot of confidence so I may spread my risk and get back in. Randgold operating nearby another positive.
when sentiment toward gold changes this will fly. Gla
Cheers,
Makes more sense now. Even on that this doesn't look too bad.
I will look to invest here but will do a bit of research.
How do you see the near term outlook?
Regards,
Mpg
I see that they are making a profit of 124m and market cap is around d the same... Surely not right or is it seriously undervalued. Can any poster give me a brief synopsis of the company. Mpg
small mention in shares this week... usually the kiss of death!
Im invested in shg but keeping an eye on this as I was in cluff last year. Should the tide turn on the gold price and sentiment (with the relatively low number of shares in issue) this will be one of the fastest moving gold stocks IMO.
I gonna wait until the tide turns though as it may get bumpy next year.
can someone let me know what is ama all in costs? cheers mpg
The only reason the share price is falling is there is more sells than buys which has been the case since march. A lot of people bought in after it was tipped in the mail at new year and an institution than bought in as well ( don't know if they still hold).
On this board and on iii some posters have suggested that there may be a fundraising which is probably why pi have the gitters.
A good company though and nearly down to a 52 week low so a bit of good news could see this back above a penny
Anyone got any views on the dwindling share price. Is it just a general trough or anything more? Been on my watch list for a while and looking at an entry, gonna hold out for 1p if poss.