Member Info for Supercharger

It has been widely broadcast that the main holding Company Barrick Gold who own the majority of the shares will be conducting the talks for their subsidiary African Barrick Gold now called Acacia. That is because of the relationship and support the Canadians given back to Tanzania. In other words some of the income gained from the Country which is taxed in Canada is put back into the Country where the source is provided by the Canadian Govt. Senior Management from Barrick have been introduced to the President by the Canadian Govt rep on his last visit there and it has been agreed with Acacia (Barrcks subsidiary) that they are in a better position with the relationship the Canadians have to conduct the talks. What the Tanzanians want is a smelter to produce the Gold in their own Country-lets see what happens. My own personal feeling is this is a strong buy whether in the short or long term but everyone has their own opinion. It might be worth catching up on a few more releases however as they are hardly going to close down their own subsidiary, or ring fence if the likes of the large fund managers have gone in to increase their shares recently.i.e. Would Barrick Gold want to upset Blackrock, or would they be talking to them if they were concerned?

See link :- http://af.reuters.com/article/commoditiesNews/idAFL1N1KH27T May help explain shift to buy

Appears some of the batch after close come in out of chrono order, and some also made in Europe? But news announcement states large buy from Blackrock? Suppose more will appear tomorrow morning on Morning star? Lets see? .

Looked a buy to me, bid offer .040 ask 0.50 which was the price?

He does not get it right all the time either, no-one does but Tesco will come back too even without him. Acacia have more to offer than just Tanzania, they will be expanding out soon otherwise why are they exploring other Countries. I do have some sympathy for them but they need to either get this problem sorted here or move main ops into another Country fast. It is just a process, as Warren and his merry Managers will tell you when looking at costs and or if they need all of their staff! Think Beanz Meanz Heinz. Sometimes people can look too deeply at the main issues. .

If Blackrock short and have bought today then we must be near or at the bottom, again repeat if discussions do start them this Goose could still produce the Golden egg? Lets hope so. Gold price also on the up tonight as the FEd is holding rates. See goldprice.org Agree tomorrow could be a turnaorund if the other fund managers see an opportunity. .

Speaks for itself they are not idiots, They know the talks start on Friday per the Acacia video released just after the results and the talks will be held by the parent Company Barrick Gold who as we know have support from the Canadian Govt. Only one day left for the shorters me thinks -hang on ore top up? Close question. .

If the Company does have and has extracted what the govt is saying think of its real value over the no. of years left for mining this must have increased significantly? Very under priced!! Clearly the Company needs to aggressively start defending at this value but unsurprising the govt depts/committees are throwing everything financially at it now before the start of talks Friday? Maybe the enhanced Gold that the Govt. has found will enable them to buy the mine at an increased price, maybe before Acacia starts mining in another Country which it now needs to do for shareholder sake.

Acacia will have political risk insurance as well as Fidelity and P/I. Cover. This will cover the costs of defending themselves in Court. as well to some degree Shareholders interests. Perhaps they will now/or have consulted with their briefs who will be very experienced negotiators. The problem per the release issued today only affects 50% of their business,, the rest of the Gold/Silver/Copper is recovered in nugget form., If they can start an INT Court action and then diversify to mining in another Country (until the problem solves) this Company will come back very quickly. .

Will be soon through 300, at least until any election uncertainly is solved? As uk split is now Cons 41%, and Labour without their friends 40%, this is now a close thing.

Lots of unsold gold at Acacia at the moment which with the GOLD price increase (cannot see the price going down for the next 48 hours) will increase the value of the stock to become a safety net against the recent reduction in share price as the govt discussions take place, and what with Senior Barrick Management now in attendance this stock will fly very soon! If not I can see them opening up another mine in another Country, or buying in a smelter to solve!

Very diverse Comp this, and World wide too. It is interesting the price is now up 5% plus on yesterday following the Shareholder meeting. I reckon back to £10 a share very quickly now.

I noticed in late Friday trade the Aggreko US stock market close price rose up a further 2% on the London Close (also up 1.62%) when working out the curr.conversion rate this calculates at a total of 3.62% for the day on the LSE share price of Thursday. I also couldn't fail to see the notification that was sent out late via the Company itself for LSE release after 4.00pm that Deutsche Bank London Branch was increasing its share capital in the Company to over 7%, so they have now overtaken Capital Group, Ako Capital, Prudential PLC and others as the largest shareholder in the Company. When the Senior managers at the Bank have been told (reported on Bloomberg) to go out and make money this could be a good one to hold/buy? & as they also provide Capital to the Co. itself they may have a good reason to invest in it?

Interestingly statement update on paper when studying the results it seems the underlying asset value of the Company itself has actually increased, and from the accounting point trading profits were reduced only due to provisions made in the Company statement (For Argentina being the last Legacy a/c and for falling Income from the states) it was strange that not,much weight was put on the new contract wins or the rising dollar value, and the goodwill value increase was a result. If the Cost savings mentioned of £!00m are delivered this will increase future profit and value of this World Wide Company, full year results will improve when released at the end of the year. The Companies share price seasonally and annually appears to dip at this time of year and rise quite sharply and dramatically until July / August. It was also interesting to see the Divi is unaffected, and two experienced Directors have been employed. .

Aggreko Price is now recovering very fast and in advance of results, which should no doubt include forward thinking statements regarding a very positive outlook having won the Winter Games Pyeongchang 2018 contract and I still feel this share could go back to the £13 held last year very soon, which still has 20% to go to return to last years 12.75 price.

Aggreko up now 40p on my first post as I understand the share price increase (although not totally unexpected as you can see from my earlier posts) is due to preparation by fund managers for excitement from the results due out soon, which will reflect an upswing and ramp up considering the Winter Olympics contract win worth $30m, which leads this share being closely monitored for larger corporations gaining capital value on the rising dollar, or in short this stock is a take over target!

I see Donald is now speaking today re.USA infra-structure increased spending, Aggreko should benefit, what with this and raised indust.output needs. It is also good to what I said yesterday that the US are buying this stock which is lets face it a good safety one too, especially after a couple of storms!

What with the USA infra structure being encouraged - it was interesting to see the Aggreko share price go up after UK close on Wall street? Hopefully we should see a belated increase in early trade tomorrow!