Member Info for the_shareminator

https://e27.co/idealabs-bill-gross-reveals-the-single-biggest-reason-why-startups-succeed-20150604/ http://www.ecommercemilo.com/2015/06/what-is-malaysian-ecommerce-market-size-2015.html

A buying opp based on your assessment? If oil continues its descent there is going to be writedowns, losses, and cuts to come.

Headlines suggest sentiment for USD will worsen, this whilst the Yen is forced lower, Europe eases, the UK is split over Brexit and China is apparently showing no signs of slowing... All those hoarding gold over the past few years will soon be rewarded, including the nations who stockpiled and whose reserves will increase in value considerably! Big shifts coming http://www.investing.com/news/economic-indicators/u.s.-ism-manufacturing-pmi-holds-near-lowest-since-2009-in-january-382699

There are a whole variety of ways you can lose here! I hope that wasn't a serious reflection, this is far from safe. It is highly unlikely an offer will come about as this is an early stage exploration project, relatively low grade albeit not exceptional for what is located nearby. Back when the company were exploring, gold prices were much higher, there was decent margin for a developer and speculation this could be a feeder pit for AVM or one of the other producers nearby. But when the company failed to attain finance following the maiden NI43-101 they dug their own grave. SMA needs finance to develop the project and gain investor interest. Expect some form of dilution. There could be fireworks even now if they announce a proper financing deal. Gold prices are still way off the levels when there was a buzz here.

One of my tips for 2016 with gold rising and also output expected to be around 45,000 - 50,000 ounces The negative side here is dividend payouts are less now as the CND to GBP exchange has worsened. Good for those taking a trip but bad for shareholders here

This is a fair play for another 10p gain but don't expect investors to pile in. There is too much uncertainty around, especially with BoJ going negative, Europe easing to continue, US economic weakness..

Pleasure! It's as much my own learning / reading so happy to share :) 5000 touched today

http://www.channelnewsasia.com/news/business/singapore/ringgit-reaches-six-month/2470416.html http://www.themalaysianinsider.com/malaysia/article/ringgit-rises-to-3-month-high-as-markets-cheer-budget-2016-review http://www.thestar.com.my/business/business-news/2016/01/27/ringgit-at-7-week-high-on-oil/

http://masterinvestor.co.uk/latest/japan-adopts-negative-interest-rates/?utm_source=Master+Investor&utm_campaign=1a5413b591-Master_Investor_Daily_Bulletin1_29_2016&utm_medium=email&utm_term=0_25eff0bb7f-1a5413b591-34984745

Premier Veterinary (PVG) saw its loss for the year ended 30th September widen to £1.6 million from £917,000 in the previous 12 months. This came despite revenues improving to £2.3 million from £2 million and the number of care plans on the company's books more than doubling. Premier Veterinary shares dropped by 3.32p to 146.68p. Pitiful performance, outrageous valuation!

SCISYS valued at roughly £21m released a broadly positive trading update with net debt lower than expected and confirmation that the bank had waived a covenant breach after meeting minimum EBITDA levels. SCISYS group is a leading developer of Information and Communications Technology services, e-Business, web and mobile applications and advanced technology solutions with offices in the UK and Germany so will naturally attract a premium to a company located in South East Asia. SCISYS are aiming to generate revenues of £60m+ long term and look set to beat the £36m achieved last year. There is still uncertainty surrounding its profitability and whether it will be able to turn £3m+ PBT once again. It seems unlikely this year or next. The stock has been building since its collapse last year from 92p to the 56p region. Take MBO which turned over £31m in the first half of 2015, record revenue up 33% on 2014 which looks well positioned to have exceeded £60m revenue for the year. The group turned operating profits of £220k in the period. MBO’s 6 international remittance services (IRS), were making loss making and so discontinued in the first half of 2015. We can deduce that had they been disposed of earlier, the headline operating profit would be higher. Certainly in the second half the company results will benefit from the disposal of the IRS and in future trading periods. What is more important is the huge reduction in net debt over 6 months from £1,443,112 to £734,128 today! The difference in inventories + trade and other receivables (ITOR) vs trade and other payables (TOP) shows a trade surplus which provides plenty of collateral. According to first half 2015 results ITOR fell to £2,294,609 and TOP rose to £1,397,576 which accounts for some of the net debt reduction. In layman's terms, the company depleted its inventories and collected payments (receivables) whilst it's own outstanding payments (payables) rose. All this returned cash which paid down a substantial amount of debt in the period, £612,177 to be precise! Note the overall trade surplus is £897,033 and will help repay loans or become cash on the balance sheet in future trading periods. Net debt is £734,128. Cash position is growing (around £1.7m). Administration costs have been falling whilst operating profits begin to progress. Second half performance is always stronger. The outlook has been improving despite Ringgit devaluation. Market capitalisation is £2.5m owing to lack of updates. Director has a majority stake. Dividend policy a potential as company tend not to splash cash about on acquisitions

Some trading going on behind the screens

Gold extended sharp gains from the previous session on Tuesday surging to three-month highs, as equities in China plunged to their lowest level in more than a year exacerbating concerns on a potential global recession. On the Comex division of the New York Mercantile Exchange, gold for February delivery traded between $1,107.20 and $1,120.10 an ounce before settling at $1,118.80, up 13.40 or 1.21% on the session. Gold has closed higher in each of the last three sessions and five of the last seven. With global stock markets on pace for one of their worst opening months to a year since the depths of the Financial Crisis, gold has jumped more than 5% in January. Gold likely gained support at $1,046.20, the low from December 3 and was met with resistance at $1,138.70, the high from Nov. 2. In overnight trading, continued declines in oil weighed on Chinese stocks, as the Shanghai Composite index plummeted more than 6% to 2,749.79, its lowest level since December, 2014. The index suffered its worst one-day loss since the People's Bank of China removed a circuit breaker apparatus, which analysts blamed for triggering a series of major sell-offs at the start of the month. Investors continued to digest bearish comments from billionaire investor George Soros on further weakness in China after the world's second-largest economy reported its slowest pace of economic growth last year in a quarter century. At a closely-watched speech last week in Davos, Switzerland, Soros disclosed that he is taking a large short position in Asian currencies, amid worries that the downturn in China could create spillover effects into the global economy at-large. "A hard landing (in China) is practically unavoidable," Soros said in an interview with Bloomberg at the World Economic Forum. "I'm not expecting it, I'm observing it." Hoping to prevent additional capital outflows and devaluations of the yuan, the chief of China's National Bureau of Statistics fired back, dismissing Soros' comments as coming from only a "single voice". The People's Daily, the Communist Party's main newspaper, also had harsh words for the famed philanthropist, describing any challenge to Chinese currency "as futile." Separately, China's Central Commission for Discipline Inspection announced on Tuesday that Mr. Wang is facing serious discipline violations without specifying the allegations. Gold is viewed as a safe-haven asset for investors in periods of severe economic instability.

600koz gold to inferred classification near surface and down to 150m if memory serves. Gold is up by $60/oz but means very little when the company are cash strapped, have no means yet of financing further drilling which will be crucial if this project is to be pushed to production. All I see here is a Directorship that waited until the share price had collapsed before implementing a costly placing, wiping out remaining equity locked in at higher averages. Going forward a JV might be positive if terms indicated high impact exploratory work to advance the project on and there are majors in the vicinity who may be interested. But given what's already occurred I think SMA are on their own and will need to finance the next stages either through loans (thinking YA or Darwin) or placings. There will be little added value in the near future, just plenty of dilution and volatile trading.

Gold is at 3 month highs, with RRS pushing on and CNR clawing back recently lost ground! What is not to like :) http://www.investing.com/news/commodities-news/gold-jumps-1-as-weak-oil,-dollar,-stocks-boost-haven-demand-381577

A typical bear market has already begun once 50% of S&P stocks are 20% lower than their one-year highs, according to the minds over at Ned Davis Research. As of this week, nearly 50% of S&P 500 components are 20% off their highs. Prior to previous crashes the same indicators were displaying their warning signs. Simply, markets become more risk averse as the likelihood of a downtrend increases. We are on a pivot point now. The markets rallied this week, nothing more than a much-needed oversold bounce according to one analyst - "Remember, down markets can produce some incredible rallies as eager traders jump the gun on bullish action in hopes of getting in at the bottom and short sellers buy shares to take profits". But a relief rally won’t turn into anything more without some positive follow-through and new market leadership emerging from the wreckage. Where will this come from? China's economic trend has been well documented and plunging oil is not likely to rebound any time soon. The 2014 lows are within spitting distance. Any major slip-up here could lead to the next leg lower. Once the Fed begin to backtrack about the pace of rate rises due to 'actual' economic data and employment figures we'll see a weakened greenback. The markets generally move lower 6-8 months prior to a recession and where then will investors sow their cash? Not the typical tech stocks. More likely precious metals and those commodities that will stand to benefit once the USD moves lower on fears of additional stimulus measures (QE5).

World output is about 2,000 tons of gold per year. China, India, Iran and Russia alone have been buying about 3,000 tons per year for the past seven years. The jewelry industry absorbs over 1,000 tons per year. ( consider jewelry to be gold bullion in decorative form, namely “wearable wealth.”) Additional thousands of tons are being purchased by countries other than the “big four” mentioned above and by savvy individuals in Europe, Asia and Latin America. (U.S. citizens don’t understand gold and are not large buyers.) This excess of buying over output means existing gold stocks from vaults in London, New York and elsewhere are being depleted at a rapid rate. Actual physical gold shortages and high-profile failures to deliver physical gold by banks and dealers are imminent. "I’ve never seen a better setup for gold. Physical supplies are scarce. Leveraged accounts are short. Gold stocks have been trashed." And no one is paying attention.

http://www.iii.co.uk/articles/287190/share-week%3A-investors-rush-safe-haven

http://www.investing.com/news/economy-news/stubbornly-low-inflation-remains-a-concern-for-fed,-minutes-show-378982

http://www.investing.com/news/economic-indicators/u.s.-ism-manufacturing-pmi-falls-to-lowest-since-2009-in-december-378575 Pretty bullish on gold right now with US data already beginning to crack, less than a month into a new era of rising rates... how long will that last?