Member Info for rick43

No problem with McAfee Security!! "Emergent Payments, a global payments company that enables digital businesses to accept over 200 secure payment methods around the world, today announced it has added executives from PayPal, Worldpay and Visa to its senior leadership. The new executives will enable Emergent Payments to address a new wave of growth, following the company’s re-launch in June 2015 to focus on emerging markets." This from http://www.emergentpayments.net/blog_paypal_worldpay_visa_executives_join_emergent_payments_team.php

Fortunately GEM CEO has loads of experience in the successful handling of security issues and working with governments.

28th August RNS "JQW announces that the Group will be publishing its Interim Results for the six months ended 30 June 2015 on or around Wednesday 23 September 2015."

From the Motley Fool - apparently today - "One mining stock that does appear to be worth buying right now is Gemfields (LSE:GEM). It has been a star performer in 2015, with its share price rising by 34% since the turn of the year. This is at least partly because of the company returning to profitability in 2014 and being forecast to increase its earnings by 37% in the current year, followed by further growth of 144% next year. This rate of growth is likely to continue to catalyse investor sentiment - especially since much of the mining sector is undergoing a period of financial decline at the present time. Furthermore, Gemfields continues to offer a relatively wide margin of safety despite its upbeat growth forecasts, with it trading on a price to earnings growth (PEG) ratio of just 0.1. This indicates that further share price gains are very much on the cards."

Just a reminder from the 30th April RNS - Finals "Going forward, the Directors intend to resume the payment of regular dividends, which will take into account the Group's profitability, growth, availability of cash and distributable reserves as well as expected financing requirements to develop and expand the operations." "For financial year 2014, JQW has declared a total dividend of 5.2 pence per share (an interim dividend of 0.2 pence per share as well as a special dividend of 5.0 pence per share), with approximately RMB 101.6 million paid out as dividend to shareholders on 23 October 2014. In light of the significant amount paid at that time, the Board has decided to not propose any final dividend in respect to the financial year 2014."

Fortunately we can ignore anything Montecristo posts here, it seems Montecristo deramps on this board simply because ericeric deramps SOLG. I shall have to try to remember this!

A bit more about the new CFO - this from the updated Board of Directors Francis Chan Hein Huey Chief Financial Officer Mr Chan has over five years of experience in the auditing industry, having started at Crowe Horwath (Malaysia and later International), Audit Alliance and One Assurance LLP. During his tenure with these companies, he has been involved in numerous IPOs in the UK and Japan. Mr Chan has also had previous experience working with JQW, having worked on the Company's IPO process in 2013 where he had some exposure to JQW's management team. He is fluent in English, Mandarin, and Malay. Mr Chan joined the Group in September 2015.

Looks good to me - https://www.brookes.ac.uk/studying-at-brookes/courses/undergraduate/2015/accounting-and-finance/ needs a bright well educated young mind...

RNS good news - CFO appointed

Interesting to look at the chart in the lead up to the Finals RNS on 30th April. Thursday 23rd April - 9p Friday 24th - 12p Monday 27th - 20p Tuesday 28th - 19p Wednesday 29th - 18.75p JQW Interims are expected on or around 23rd September.

Finals due this month. Auction revenues - 2012/13 (ie July 2012 to June 2013)..US$42mn.... 2013/14 US$96mn .. 2014/15 US$154mn.. and if revenues are adjusted to take into account the moving of the June 2013 auction to July 2013 we have Auction revenues - 2012/13 US$73mn.... 2013/14 US$64mn .... 2014/15 US$154mn

Copper under pressure because of demand reduction from industry. Gold under pressure because of the seriously rigged gold market? Diamonds under pressure because of increase in supply and/or because of the rise in demand for coloured gemstones - fashion moving from diamonds to coloured gems?

Today's RNS - Yet another marvellous emerald auction - and it is back to the International market in Singapore! Amethyst prices up significantly too... Ian Harebottle, CEO of Gemfields, commented: "Our Singapore auction has delivered another very strong result for our Kagem emeralds. With 98% of the emeralds sold, it is very pleasing indeed to see Zambian emeralds continuing to enjoy such firm demand, aided by our return to running an auction in Singapore. Despite severely depressed global commodity prices, well-documented difficulties in the diamond sector and recent volatility across international financial markets, emerald prices remain as robust as ever. The counter-cyclicality often associated with precious gemstones, and their reputation as a store of value in turbulent times, have shone through. In addition it is pleasing to see the prices received for amethyst increase markedly since the last auction in February. I'm delighted that these results underscore the intended vision and trajectory for coloured gemstones, and for Gemfields. Kagem is a partnership between the Zambian Government and Gemfields, and we'd like to thank the Government for their vision and support in internationalising the Zambian emerald industry and for supporting an 'international auction circuit' that will see Lusaka remain one of the key hubs for hosting emerald auctions in order to ensure we reach an expanded client base. " http://www.investegate.co.uk/gemfields-plc--gem-/rns/results---rough-emerald-and-amethyst-auction/201509070700222028Y/

Apparently Zak is even more bullish about the JQW chart than he was a few days ago - http://www.shareprophets.com/views/14771/zak-mir-s-bulletin-board-heroes-88-energy-ceb-resources-goldplat-jqw-mosman-oil-gas-strategic-minerals JQW is at 1:57 mins on the video....

From the July 2015 edition of TechInvest - apologies if already posted " Venn Life Sciences (VENN; AIM) - sp 21p - Venn has secured a €2m contract with a European Biotech company to manage a Phase III study in the area of Rheumatology. The study will involve multiple European countries and will run over a four year period, with most activity occurring during year one. This deal brings the value of new CRO contracts signed so far this year to more than €6m. House broker Zeus Capital commented that, since the Phase III trials are usually the most complicated and extensive, this latest contract underscores the value of Venn’s service offering and geographic coverage. Zeus expects Venn to generate revenues of at least €8.2m for the current year to 31 December with a breakeven bottom line. This compares with €4.9m revenue last year. Venn is showing it is capable of winning complex, higher value contracts. Continue to buy." See http://www.techinvest.ie/ to download a sample copy of the Techinvest Newsletter which contains the above report. It is free to download and contains the above report. I note that VENN is held in the Techinvest Trader Portfolio 4.

http://www.investegate.co.uk/jqw-plc--jqw-/rns/pre-close-trading-update/201502160700399410E/ for the pre-close trading update. " JQW remains highly cash generative and the Group maintains its strong balance sheet with cash as at 31 December 2014 amounting to RMB 395 million (2013: RMB 344 million). This robust cash position, which is after the Group paid an interim and special dividend to shareholders totalling RMB 101.6 million in October 2014, is equal to 21.3 pence per share or 195% of the Group's market capitalisation as at 13 February 2015." So your figures are correct - at current rate of exchange 10RMB = £1. sp has dropped to this silly level because two OMPs have been selling - and it is on Aim and it is Chinese - poor market sentiment for both those reasons.. For my money the figures are correct - I have no reason to believe they are fraudulent. The OMPs who have been selling should be just about out by now.

Lst 2 reported trades on ISDX are 03/09/2015... 11:08... 50,000... @ 23.85 03/09/2015 ....09:15.. 75,000 ...@ 23.6

For what it is worth Zak liked the look of the JQW chart a few days ago!

BL - good timing with that 28th August RNS - "JQW announces that the Group will be publishing its Interim Results for the six months ended 30 June 2015 on or around Wednesday 23 September 2015." Expecting to see an interim dividend in the highlights.

BL - you could see if Abchurch will give you Cai Yongde's email address JQW@abchurch-group.com - see http://www.jqw-ir.com/content/investor/ir_contact.asp Failing that may I suggest you 'phone JQW's NOMAD Cairn Tel: +44 (0) 20 7148 7900 for Cai Yongde's email address....