Member Info for Unglove

Latest info from CLN. Looks good for CBM after takeover. http://www.investegate.co.uk/Article.aspx?id=200806160700047281W

This week could be a good week for WTN, CBM & CLN. WTN just admitted to the TSX global mining index and news out this week.

WTN should be back to 400p or so tomorrow so expect a better day for CBM sp tomorrow. Look at TSX data for WTN.

Sp changes are minor and don't forget news due soon for WTN (next Thursday) and report from CLN must be soon too. WTN dropped but seems to be on way back up this afternoon. CBM sp moving very rapidly between 220 and 230. One very promising development is that CBM sp is showing some independent movement from WTN possibly meaning that some of the bigger institutions are buying CBM and perhaps that they are not seeing CBM as just an investment company anymore.

CLN sp at a big discount to CBM - good buy first thing on Monday if stays the same. CLN should be nearly 73p.

Another treeshake perhaps - good time to buy again. 19th June is a date to wait for - WTN results may well lead to another surge in sp.

Was hoping for sp of 250 by end of this week - 240 looks a bit more likely. 300 will be next target.

CBM is hugely undervalued even without WTN takeover. However, CBM sp will fly if & when it happens. If WTN went for 500p per share this would value CBM close to £4 per share before adding all its other assets (CLN, AGD, EBG etc).

Chan - completely agree. I was expecting a dip and have bought more (was just about to post the same comment!).

Possible takeover at 500p http://www.ft.com/cms/s/0/b8315b88-3109-11dd-bc93-000077b07658.html?nclick_check=1 Should be good for CBM and CLN again today too.

227p it is. Don't expect too much for the rest of week. 240-250p would be good. Increase more likely to be gradual with a few treeshakes along the way.

Split ends aren't my problem - perhaps ask heidi7...

Increase is more than tenfold - was looking at bigcharts and at end of last year lowest sp was 0.47cad and it is now 8.65cad on the TSX = eighteenfold increase. Amazing!

There is occasionally a lag between CBM and CLN sp (CLN should be just under CBM/3.25) - can be a cheaper way into CBM. MMs seem a bit sleepy about this today.

I guess CBM market cap is around £420m atmo - perhaps they could make the FTSE 350 if coal prices stay high for a few more years.

Was expecting more of a steady climb this week than a one day surge - guess we shall see. Share value(£) = {(82 x £WTNsp) + (33.5 x £CLNsp) +52.4}/97.5

Big breakout seems likely - big sells seem to have stopped, WTN on its way up and perhaps institutions waking up to the fact that CLN will be big soon. Sorry about the 'bubble burst' bit - just a bit of fun. CBM has been a very nice earner and more to come.

Bubble has burst..

Lol. Let's wait for 250p first! I guess once sell off finished, institutions decide to re-value CBM as no longer just an investment company and takeovers of CLN and EBG completed. WTN is major factor in current sp - but this will change and CLN could be showing some big profits next year with close to 3m tons of annual coal production. Hoping for 250p in next few weeks.

Many are expecting a big surge in this sp this week. It can't be far away.