Member Info for Shurething

The Chinese have a fad for decorative woods domestically - far more than in the UK, as well as for making cheap furniture for the rest of the world. Hence the reason for the tropical rainforest obsession. However, it is hard to work and heavy to transport - both in terms of shipping or simply lugging the coffee table across the rounge froor. Also, the Chinese, while enterprising, are suffering a lot of pressure in other parts of the world re. logging/ deforestation. It is a dangerous business and, moreover, the costs of infrastructural input - re. logging roads being washed away by the rains, make the tropical option only attractive in part. In the economic downturn this globalisation is likely to make less sense. International pressures are also being put to bear. I wish I could read the directors' minds, but if they cannot this product in China then I would be very surprised! If they got a Chinese licencee onboard, or several, it would be worth millions a year in revenues I guess!

Perhaps there will be a management buyout? A simple change in business strategy has been the move towards licencing rather than manufacturing. This product has excellent growth potential - particularly in China which is currently chopping down parts of Africa and South America but, with good reason, will be sourcing more softwood from its own increasing forest sources (currently 18% of Chinese land area), Russia and New Zealand. Of course China's forest species are more diverse, not solely boreal, but does include much conifer.

Buy price up again for second day.

No worries! In our interest for news, and with the link made earlier by yourself to Reuters, it was an easy spot to make a glitch on. Thanks for the other postings.

That's 21st April 2008! Not really news!!

This is puzzling. The fall back from 18 p was largely on the back of no news. They have a good asset base in a steadying market. My guess is that they will be at over 20 p before long!

The news update on support for ALBK (AIB!!) is good news. A bit like a cross between RBS (in terms of its need to survive) and Cattles (in terms of its rebound potential). It has recently spiked back to 1.5, so I can see it spiking up higher than this in the next two weeks.

On the rise again. Worth watching!

These shares have fallen back in recent weeks. Last year they declared a net asset value per share of 116.9 p, with cash of 6.17 million and eps of 1.44 p. Why so many big trades I have no idea, but pleased I bought Friday a.m. before they started rising.

Yes, and out at more!

I remember Inveresk from the 60's as the Inveresk Paper Group. They were BIG, - the biggest in the UK, when the UK could produce paper competitively. The brownfield site comment by ljandct seems a possibility, as they doubtless have a number of old sites. So they are underpinned!

Rights Issue Results: Not bad! Ceramic Fuel Cells Limited (AIM / ASX: CFU) is pleased to announce the result of its Rights Issue made to qualifying participants within Australia and New Zealand and its Overseas Offer made to qualifying participants outside of Australia and New Zealand and certain other territories. Approximately 88% of the Rights Issue Shares were subscribed for by shareholders. The Company will issue 176,179,873 fully paid ordinary shares at the issue price of 5 cents to raise an additional A$8.8 million (£4.3 million). Approximately 95% of the Overseas Offer Shares were subscribed for by shareholders. The Company will issue 99,906,445 fully paid ordinary shares at the issue price of 2.2p to raise an additional £2.2 million (A$4.6 million). The total amount raised under the Rights Issue and Overseas Offer is A$13.4 million (£6.5 million). These funds are in addition to A$20.1 million (£9.0 million) raised under the recently completed placing to institutional investors and subscription by certain cornerstone investors. Applications have been made for the Rights Issue Shares and Overseas Offer Shares to be admitted to trading on ASX and AIM and it is expected that dealings on ASX and AIM will commence on or around 21 April 2009. On admission, the Company will have 1,029,878,680 ordinary shares on issue.

Takeover not on the books GEM states - but is there some sort of merger on the cards? Both GEM and TNZ have very good marketing, phenominal quality gem output and have real potential as world-beaters if they get together and mutually benefit from the bounce back. The green and blue buds (or buddies) of recovery.

Tried to buy these this am before the RNS (which I didn't know about). No wonder they wanted a 3 p premium on 10,000 shares. Finally bought at 22 p. There is a lot of mileage in these shares - tanzanites are enormously popular, not too expensive and in a sense are the new emeralds! Go to Joburg airport and you will see. Gem shares are also ticking up on this 'JV'. The two companies could and should benefit from marketing synergies. Both have been clobbered by the recent credit crunch, but as things pick up, they will!!

I reckon in 3 or 4 months these will be trading 50% higher. The key deposit is Smokey Hills - an estimated annual production rate of 95,000 oz of 4 element platinum-group metals over a 7 year period, with capital cost payback estimated at less than 20 months, depending on PGM prices. The grade cutoffs are excellent, which is why they will be mining at an enormous profit margin per ounce. So few people understand PGE's, their distribution and resultant reserve calculation, but PLAA have done everything by the book - drilling with close-spacing due to the 'nugget effect'. Everything looks really promising to my eyes.

Two big days of rises could spart profit-taking.

Thanks. Now that they are back down to 2S, 2.25B I expect them to rise a bit. Shall be looking for the 2.5/2.75 mark again i.t.s.t.

Shorters at work. However, there are more buys than sells, so the price should bounce back providing there are no dramatic global market falls. Hopefully the Dow will have a quiet day today.

Probably reaching unsafe territory now. I have cashed in half mine, now waiting to see!

I agree with your point on charts. So many are out of sync now, and because of the lack of confidence (and perhaps skill) of the chartists, revisions will come retrospectively, thick and fast! Take Freeport McMoRan - the world's second-biggest copper miner: the one year forcast for these two months ago was about $36, since revised to $38.96, they are already at over 44. However, at this price, shorting in FCX is probable.