Member Info for Stach

It is amazing how little understanding some investors have of the fundamentals of this Company.Most of the money for shft's contracts will come in the second half of their financial year ie now and within next three months.There are some massive contracts ongoing and Hindustan Zinc is one of them but no money(10%) of theirs have been counted into the last six-monthly report.All this will be ni the Annual report after December of this year.Personally I am glad that my dividend will buy me more shares after the 5th of October at the current prices if they stay like that.All major mining Companies depend on firms like SHFT for the maintanance of mining shafts,dams and drilling new ones and there are not that many of them with the expertise like SHFT has.My broker is adamant that I shall do well long term here and hence I keep it in an ISA.By Christmas we should be well over a £1/share imo.Stach.

Thanks mate, I think best to ignore advice of people you have never seen before posting on here.Peace99 is right about it.Stach.

Hello my Friend.We are ok at the moment,thank you for asking.What about yourself? Nice of you to keep this bb alive.Bert put me up towards this share here and thanks to him I have made some good money when it risen from 65p to £1.Having collected the divi at 4.8p/share I sold most of them and invested into crnd,which again gave me 75% gain.This I switched back to shft and now holding.Both these shares are in an ISA so the gains are tax free.I am now expecting a return of shft above £1/share before the end of this year.My broker(whom I have known for over 7years) thinks that by end of December they should trade at £1.45p at least.This is good enough for me.ATVB to you-Stach.

We should not be supprised if the rns re new tender for contract arrives before the divi is paid on the 5th of October.SHFT seem to win contracts every 3-4 months.CEO was so confident in his interview that they will have contracts worth of just over £1.1b this year.I am impressed with his policies of diversifying away from South Africa into more stable parts of the World.SHFT have very good Management Team now and great reputation.I am staying put here for a long time.Stach.

Who is legobrickgirl? Who cares?! Stach.

Sorry shold read "indeed","June","amounting".Only just noticed it.Stach.

Hello to you both.Yes indde I have posted a little on sar where I have second largest investment after shft.I should like this share here to remain at this sort of level till the dividend is paid(5th of October) as it would buy me more shares on reinvesting it.The current share price is down because of fear factor,which resides with mm and weak investors.They do not see that most of good news and most money will come in the second half of the year,some of which (like £16m) has already flown into shafts' coffers but just after 30th of june and therfore not reflected in the 1st half year report.Hindustan Zinc money has yet not been paid(10% according to the video interview with Davidow) and money for Impala shafts due to come as well.On top of all that the company is awaiting futher completed tenders ammountin to £1b.Just 10% of that up front would add £100m to SHFT'S budget.This is why they are confident to maintain the very generous dividend.I have that feeling that the final divi will be actually raised as by then there will be no debt but a healthy surplus.For these reasons I am staying with SHFT.Finally my personal broker also is very bullish for this Company.ATB-Stach.

Hi my Friend and thank you for your prayer,much appreciated.Also thanks for the link to the video,which I only now have had time to view.I think every shareholder here should listen to it and those who contemplate buying.Very reassuring statements are contained therein,for example: the confidence of Dvidov re maintaining dividend and 2-3 times cover in cash in order to safely deliver it year in year out,lack of serious competition across the world, and taking 10% at least of total projected cost of making the shaft up front and the length of each contract up to seven years ensuring steady income each year as the goals are achieved.The idea of having £1b worth of tenders secured provides secure future for the Firm and the shareholders.Regarding the share price of 70p at the time of interview,he felt that that was far to low as so much more to be expected in forthcoming news in due course.All in all I have really reassured myself into maintaining my shares here for long term.Thank you again Peace.ATB-Stach.

Hi there,I have not posted much over the last few days as preoccupied with illness in the family.Just opened up my computer.A reasonable volume of trades but should do better tomorrow with last day before the ex dividend date.I am now fully invested here and am waiting for a surge towards £1/share again.The second half of this financial year for shft should be very good indeed as the payments that have been outstanding will come through.My broker goes along with the general opinion of others that this share should end the year(second half) at £1.74p.This is good enough for me to reinvest forthcoming divi in the same share. The Halifax brokers continue to recomend it as a "strong buy".ATB-Stach.

...for once mm got it right as a "buy" ! On halifax platform there was only one sell so far today all the rest are modest buys.Bodes well for a rebound.Stach.

...another 2257 shares.Lets see if mm make it look like a sell.Stach.

Hello and thanks for your kind words.SHFT is a very well run and greatly regarded Company throughout whole mining World.Yet when you look at P/E ratio it was 2.4 last year and now still only at 3.4.This is one of the reasons that I belive that bod are confident in maintaining the dividend.Last year it came to 13% overall and I am certain that it will be similar by the end of this financial year for shft.Finally when you consider that it can be held in an ISA, you can hardly get a much better return anywhere else and on top (if brokers are right) huge growth potential in share price-this must be the best share in small companies atm.You have done very well with your purchase at such low price bought on panic selling by inexperienced investors prompted by the eaqually stupid market makers.Lets accumulate and keep this share long term,tax free,with terrific dividend and huge potential for growth.BW-Stach.

...slowly but surely,62-63.5p live as ex dividend date approaches.I belive that next six months will be fantastic for shft and so many brokers forecasting share price in the range of £1.70-1.74p/share.Some contracts already agreed have not been accounted for in this report, which only embraced end of June(for instance Hindustan Zink has not yet payed a penny - read -Vedanta Resources).This is why shft are confident to maintain the divi.I shall be buying more if sar delivers what I expect.Stach.

Literally just now it appears here as sells.This is another matter to sort out by London SE.In a 21st century and computing ability this should be a doddle to sort out.Stach.

...and topped up twice at 62.65p/share.There are such a few only Companies with expertise like shft in the whole World.Brokers predictions of £1.74p/share at the end of second half is not a fantasy of imagination imo.Stach.

The short answer is -yes.I am heavily invested in sar(a big deal with major Pharma anytime now),crnd being grossly undervalued at the moment and a massive project on tungsten is developing in Spain by wres, with the news and start of production shortly.I keep shft in an ISA as well as crnd.Both have excellent prospects in medium and long terms.The others are not ISA compliant.Stach.

According to the rns the £8.6m debt and £6.1m net cash position would have changed to all positive stuff if they delayed the report by a month.With £16.5m cash arriving just after submission of the figures to auditors,the figures would be £7.9m surplus,plus £6.1m existing cash,making £14m in the black.This is what is now,today in their accounts.I find it extraordinary that in morden times of today with computer accountancy programmes galore it takes two to three months for the accountants to check the data for accuracy.They are just another lot that are milking the Firms left,right and centre.The shareholders are also suffering because of that and being milked by the mm because of peoples ignorance.DYOR before you buy and sell as well or you will be fleeced.Stach.

Well said and it was a daylight roberry by the mms.Stach.

It was oversold but was caused by mm imo.Blatant frightening of the herd of investors.I am not in the herd.Stach.

...61-64p now live.I wish I could have bought it this morning at 55p!.Stach.