Member Info for oldstockbroker

Est NAV is £2.68. Fair Value £1.85 (research note)

Agree with the others who posted. Dividend looks safe, so bought on yet another fall. I assume cladding maybe the shadow at the moment, but cannot really see why the shares are so low-all the indications I can see it is undervalued by at least 15%.

Check your spam- it came in at 16:56 from Primary Bid.

Passed on this offer, but hope you all do well.

Primary Bid is easier enough to use- I have used the App numerous times, and they give investors opportunities to invest- which in the recent past would not have happened. They have also started doing presentations from companies- but that is another story.
Agree a pain you cannot move money to them and invest- so have to use Bank account and transfer in and out. But with instant banking just a small hassle.

Hopefully this will get sorted. I do not get the non-ISA and SIPP but assume some Gov/FCA reg. Or the issues with overpaying into SIPP/ISA.

I have been in this for years, made some and then seen this decline. At the last NAV this is the best Asset play going if the Fund winds up. The if is the question, large shareholders keep extending the wind up date. I am going to buy , the managers are approachable and if the fund is wound up in the next 12 months should be good for the return. I have bought and sold shares over the years- but my last sale was £2.00 so well down on the current price.Averaging down now.

I agree. Looking at the company latest releases, looks like they have had this under control unless things get much worse which looks unlikely. I sold some 20 months ago so buying back now.

Does any one know of a contact at Cantor-i think they took over Seymour. Did a lot of research on this, thought looked sound. I am going to pull all Far eastern investments- looks like they are sadly not regulated enough- which I guess we all knew. Stick with the dull from now on.

Still trading a big discount, but guess you have to have a view on Macau. Pretty confident things will improve as tourism increases, but the fall in Gambling revenue has had an effect, but in my opinion demand for property will continue. I view this as a short term blip and as MPO continues to buy in looks OK.

Agree - I ignored this at float. However I have made a small investment based on growth in sales and an assumption they will gain customers. These businesses tend to be valued on Turnover rather than net profits I guess. Sort of assume if they cock it up they will be taken over !!

Just having a look at this -are Odey still selling or was the 10% just a technical. AO sort of looks better value, but if there is a big seller not sure now is the time to buy in. I will research further, but maybe some-one knows what Odey view is and how they got involved.

The PFS will hopefully be in first half of May- it was originally hoped to be by end of April. I am not sure that anything should be read into the delay- good or bad. It was always going to be early Q2 as stated in Full Year results so is on-track.

The best person to talk to is Katharine Sutton PR at Amara- I am not concerned about future prospects for Amara.

NAV down slightly at 302 p, but still means shares trading at in my opinion a ridiculous discount.

Pompeyboy I tend to ignore the negatives- if you don't like a stock just say sold end of. I would say in my opinion AMA is now an early stage developer rather than an explorer in my opinion- the assets are there and the company is positioning itself to maximise the profits for shareholders. The Institutional support is very encouraging and good management with a positive Broker is working I think. I had forgotten in my last post that AMA could not do another Open Offer as rules are strict about only 1 in a 12 month period. Anyone concerned should really contact Katharine Sutton at AMA- she is good at responding to investor concerns.

After reflection I think we should appreciate that the Board and the advisors have raised a substantial amount of Capital with minimum disruption to the share price. I understand some concerns that as P.I's we did not have the opportunity to partake, but a rights issue would have been a bad alternative in my opinion and a clawback option would have just cost additional fees , and annoyed the Institutional Investors. My conclusion is that AMA now has a good Institutional share base- a couple of years ago it was mainly P.I' s, so I believe that shows that the Institutions know understand the potential of AMA. As to dilution- there is no long term dilution if AMA can keep a larger % of profits- developing the valuable resource was always going to involve a deal of some sort, and my conclusion is that this placing is in the best long term interests of shareholders.

I assume as all was in the public Arena he could buy. I am slightly surprised that we are not seeing a strong buyer at 13.5- I would have thought it would have been organised by brokers and would be nothing wrong to buy in now and accept-they would make a small turn of 3% .

I am pleased to see a steady performance in the share price recently. Been here for a while now and seen a few ups and downs over the last 18 months-OK I bought at a good price initially and have topped up from time to time. Nothing is ever certain in life but am pretty convinced AMA has firstly a good resource and secondly-and maybe -more importantly we have a management team who do really care about delivering value for shareholders.

I have put placed a limit order a few % below tender.Otherwise will hang on for tender cash.

Finally Tender announced-after costs works out currently at 14.18 according RNS .