Member Info for oldstockbroker

"Amara Mining Plc (LON:AMA)‘s stock had its “buy” rating reaffirmed by analysts at Westhouse Securities in a research report issued to clients and investors on Wednesday, Analyst Ratings Net reports. They currently have a GBX 40 ($0.66) target price on the stock. Westhouse Securities’ price objective would suggest a potential upside of 156.69% from the company’s current price." Sounds about right in my opinion given the research I have done on the stock. I had a price of 35p-but they will have better access than I have. That is based on current Gold price level.

Change your Broker ! Pretty poor attempt at a ramp, which no need as all the info is on the this BB.

I have sold my original investment. Reasons: purchased as well below NAV and a play on House building increase. I think the share price is a bit ahead of the game-next announced profits will not be great as indicated in Interim Statement. But medium term Outlook I think is positive which is why I have retained a holding but I suspect share price movement will slow down. Could be wrong, but due to share price increase sold 50% so I am in for just about nothing -happy. In a SIPP so I have maybe different objectives than others as need to develop a long term fund for pension!

Nov as announced was for Sept. I may not have allowed for the Exchange Rate movement for $ Investments so may be slightly out. I like the stock-but got in cheap and sold my original investment at 100% profit so the holding is now in for free and I probably do not pay to much attention as saw the price rise from 8 to 16p in the days when few followed-only 9 months ago. I will probably take the cash option, I am not keen on unquoted funds as lose the ability to spot the discount and I am a partly a value investor-look for the opportunity to buy Assets at a discount in a quoted fund if I am happy with portfolio. There are a few about-I am heavily into MPO, which again for example trades at a large discount and the Company are buying in shares and will one day be wound up. Finding these funds take some effort, but as was a broker in Investment Trusts in the 1980's guess I learnt a bit. Will see what the next NAV is, but fairly confident my figure is about right. Otherwise would be out now.

Not sure what to make of the listing news. How much will be raised in the IPO and what p[rice are the key. Have no particular objection to holding shares on NASDAQ though dealing costs are higher. But Company looks like earnings are going in the right direction.

I realsie that-I will review my sheet, but was fairly close on my estimate for Nov nav. Of course we do not know what dealings in quoted may have taken place since last NAV

I have a simple spread sheet with holdingas and pri=ce at last NAV and current. US stocks have risen, PLE is down.

Rumours have it that Abercombie and Fitch have taken a lease on Yellow House-a double the rent of the previous tenant. Owned by Future Bright-a HK listed stock I also hold. Interestingly aslo a higher rent will be payable depending on Turnover. Shows demand for Property is still strong .

NAV. My model shows an increase of 10% since November- my estimate is 18.8p. That is quoted only. NAV should be announced last week in Jan. Hard to know what unquoted will be valued at, so could be further upside.

The next NAV announcement will be end Feb. Expect another increase-the Dec buy-back of 5% will increase NAV by 12p plus we will hopefully have sale completed. Given growth in Macau we could see NAV getting close to the £3.00 mark if the sale is completed.

Hi- I do not think CGT will apply to the fund on the merge into Magna Fund. I do not beleive it will be treated as a disposal for CGT purposes as the assets in PEBI are been merged into Magna and the shareholders are swapping shares for units. The only scenario I see where CGT could be due is on the Cash Option, if PEBI have to sell Investments to pay the Cash element. In that case, that profit element would I think be Taxed as a disposal as usual, PEBI is not an Authorised Investment Trust. Hope all well and best wishes for New Year. On a different note and (sorry to the bord off topic )do you know anything about Tradelink in HK?

Looks like many buys are going through ISDX. Bought more to-day, but not shown here. Approval for Aorfix in Japan will strengthen Sales Growth in first half 2014. 2014 should be a significat year for LMT as the increased demand for Aorfix comes through and themarket becomes more aware of this company. Well that is my view.

The share price should continue to move upwards. New fund investors are coming in, and with a low P/E compared to other similiar companies, a NAV well above current share price, I have a mid-2014 target price of £1.69, which will bring AVAP up to parity with the other operators. Given strong growth for 2014-2015 and dividend payments, looks sound to me. I have posted previously on NAV. But as usual do your own research. Personally I think Daily Mail do not fully understand this business-future growth and current NAV.

The strangest thing I find about the posts on LSE-all stocks-is the constant concern about the "big buyer" or to a lesser extent the big seller. The daily movement. OK may be some are day trading, not something I would do. The point I am making is if you have done research and bought for good reasons, then why worry about daily turnover or short term price movement. Shares are volatile-in particular AIM. I am not that bothered about the daily trading. With regard to AMA I feel they have a top managment team in place, communicate well and have huge potential asset's to be developed. If I am wrong so be it, but looking at most broker's research should be trading high 20p at least.

Interesting-but I think you will find that the company will have sufficient votes to extend it's life. I expect next NAV to be circa £2.70 but we will see. I see good further growth in Macau once bridge open to HK and despite attempts at Property price calming measures. Macau needs to many workers now to keep prices under-check.

Trading at at 7.86 % discount. Poor recent performance which I am surprised at given the expertise of Fidelity. This I am sure will improve over the next 6 months. If not shareholders should vote for it to be wound up at NAV.

I am -bought some more. The business is sound and I am confident good earnings will be delivered. Good solid company which will deliver. They are doing Investor road shows, so we will see what new buyers come in.

Daily Mail said best performing I.T-well it is a fund and has achieved good growth. Still undervalued-as I keep saying with Asset Value performance it has shown should be trading at a minimum discount of 5%- so call it £2.50 based on my rough calculation of current NAV. Sale top come through in Feb. Looks good. My other Macau stock is performing OK-Future Bright. Traded in HK and German Market-run a load of restaurants in Macau.

"Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of GBX 46.77 ($0.76)." Whislt bullish I feel the stock should be 28-30p currently -we wait for further news .

Better than expected news. We will have to wait for PEA in Q1 2014, but there is a suggestion of near term cash flow through short-term leach opportunity. I have been working on EPS of around 2.0p for 2014 and EPS 2.25 for 2015. Will be able to re-assess earnings potential after PEA in Q1, but suggest eps will be revised upwards. On a forecast p/e of just under 7* for 2014 and with increased potential economically recoverable reserves even at current Gold price, Amara looks a steal at these levels. But it will probably depend on 1) Q1 report and 2) when the major seller(the wind up of a fund) completes their sale.