Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Will ALK look to farm down on these licences and let someone else do the graft while we retain an interest ? I would like to see us ploughing retained profits back into CMM expansion and overseas Gas-to-Power projects (Such as the big one that Victoria Oil & Gas Plc. are developing in Cameroon). Not much detail given away in todays Ops Update, but BoD expect results in line with expectations and any company who reports increase in output by nearly 20% per year and is hedging unit price on an upward trend has got to be doing something right ... right ?? Good update today, IMHO shale gas is a sleeping giant, not to mention CBM (Not had any news from our strategic partner since they were handed that little project ) and not even scratched the AD/Biogas surface !! Revised target SP for me @ 37-42p GLA Wooly ;o)
2012 year ended 31st December, so I guess those in the know are well aware of the full year financial detail ???? I agree that there has been a fair bit of SP shinanigans going on recently however general trend/momentum is encouraging.... also believe that Mr Money (Sorry Copout) has order(s) to fill although I cannot decide or decipher if they are orders to accumulation or divest. My gut feel is that someone is loading up with these prior to next trading update/management statement, recent Director BUYs (Low-Mid 20's) should offer much welcome level of confidence IMHO. Hey - Maybe ALK could do a AFC and offer the long termers a steady five bager ??? Now that would be lovely !! 30p-36p feels about right to me once results are in the public domain, but I don't expect fireworks on RNS ... might build to peak a couple of weeks after, but who knows ?!! GLA - Wooly ;o)
HANG ON ... you are not new to this BB (My mistake, sorry) ... anyway glad to hear that you have added to your holding here. BW - Wooly ;o)
Glad to have you on board ... I have read a number of your posts on AFC over the years and you seemed very well researched in that stock. Hopefully you have reserached ALK in similar detail and will have noticed how we are remain under-valued and under the radar of most folks. Great to see new posters on the BB, hopefully word will spread and many more investors will see the blatent potential in here ... as you clearly have. Welcome and BW - Wooly
Absolutely agree (and have said on this BB many times previously) that IMHO Alkane Energy is headed +30p ... not sure about prospect of a dividend but if we can put together back to back set of results showing an accelerated rate of earning growth 2012 & 2013 then your 40p may be closer to the truth than most might think !!?? Cautionary note - Todays volume was modest in context of wider market reaction to US Fiscal Cliff avoidance/Postponement (Not to mention my ramp posted 4th Dec'12) ... LOL !! BTW ... Mr Money - I refer to those with VERY deep pockets in their pinstripe suits (And unusually short arms when it comes to handing some back). Great start to 2013 that cannot be denied. I still hope for much, much more from this as our performance develops further and our profile is duly elevated. BW - Wooly
News reports of huge insurance claims in USA (Fine arts claims) and Director selling shares on same day .... that doesn't look dodgy in the slightest .. !!!!???
If I was a gambling man (Which I am, hence I post on these BBs) I would bet that Mr Money has started to make preparations for the next round of news driven activity in here !! 2 x £500k traded today (Absolutely MASSIVE for this share representing ca 8% of total shares in issue) !!!!!! However, SP remains broadly flat throughout the session... Hmmm ... how very odd ???? The first of the two trades was indeed a SELL and was reported as such, moments later the second trade is also listed as SELL only this time transacted under 'Bargain Conditions' you will note that SP didn't really flicker when in theory this share and many others should have crashed under these circumstances ?? I can only conclude that Mr Money has been swapping shares at zero margin with his pinstripe pals ... a bit like when I used to swap my Pannini '78 Football Stickers in the school playground !! Comments and other thoughts/theories all welcome ... BB is a tad quiet given the good news that is expected in March ?
I missed my buy back target by trying to use chart to predict retrace 'Bottom' post ex-divi drop. Managed to convince myself that SP would give 106-107p a darned good testing and that if it broke (Which I foolishly thought it might), then 102-104p was firmly on the cards .... Oh how wrong I was !!! Thankfully only sold 50% of my holding just prior to ex-divi, so all is not lost I suppose. Now the question is ... do I hold the remainder and see if we can push through 122p and onward to 124-126p or do we expect there to be some sort of share-magedon just around the corner and 100p back in the frame ?? I am totally lost with where this is headed, but with nearly 9% yield on my existing holding I might just treat as long term hold and top-up IF we see sub 107p again some day ... HO HO HO I'm a BAD MO FO (Too much Xmas VH1 in our house this yuletide) !!!
There were a few trades recently that suggested (In my mind at least) that Mr Money had orders to fill prior to our next upward push. I wouldn't be surprised in the least if we were to see further director BUY notifications in the coming days/weeks, MMs kept a lid on the last spike at 26-27p and I am guessing that stragglers communicated that they wanted 'In' at bargain levels (Similar to the Head Boy) ??!! Surely it is inconceivable that ALK can be kept down in this unsporting manner once the full year results are in the public domain (March'13) ... this has got +30p written all over it on EPS x historic ave multiples IMHO, not even allowing for potential further growth elsewhere in the business !! A few little reminders, lest we forget ... We are a PROFITABLE alternative energy business We are a CMM producer with YOY capacity growth over number of years We are a power response G2E producer which is very attractive to predatory eyes !! We are a natural gas exploration business with licences accross central region onshore UK (Drill bit turning) We are a Biogas & AD business with active projects in both England & Scotland (I would like to see more of this) We hold extensive CBM assets and have already farmed-out these activities with retained interest We haven't yet tapped into MASSIVE potential overseas markets (G2E is perfect for economies with grid issues) OK ramp over !!!
This stock used to trade in EURO as had primary listing in Dublin (ISEQ), 0.6 eurocents was year low. Main listing on London Exchange now so all numbers refer to pounds & pence. Hope that helps ?
Might I be so brave as to echoe your sentiments but suggest that anything less than 30p looks on the face of things to be virtually 'Giving em away' !! Our new leader is carrying 21.75p average, and bought in only very recently ... to my mind 22p should provide sound resistance in the event of a shake by Mr Money. Nice sequence of repeat chunky BUYS today and a few signals thrown in for good measure ... there could be more orders to fill before we have another crack at breaking 28p and push onto +30p next spring ?? Truth is that ALK is relatively easy for Mr Money to move either way ... not many shares issue and not on many radars just yet. Good luck all ALK'ys
I am not so sure they are ... Multiples shown on here reflect 2011 earnings ... forget that and look to the future !! 2012 & 2013 earnings projections when coupled with historical average multiples (ca. x11 times) would/should IMHO result in SP much closer to 30-36p than where we sit today. ALK is not one for the impatient (I should know, been in here since 2008)... this is a stock founded on a well proven if sometimes very slow burn model, however fundamentally speaking I believe all ALK'ys will be well rewarded in the future. As always keeping the faith - Wooly ;o)
I saw that you are casting an eye over this one ... would you care to share your thoughts regarding entry price & targets etc ?? T/A is showing 172-174p support, however IMO it is likely that we will see a few pence lower before the fund money arrives in here ready for next upward shift. My Opinion/Rating is not a reflection of the company, its management, products or performance ... it is simply a means to show my sentiment re: investment decisions based on T/A and some very basic fundimentals analysis. If support is broken and my 'Value' target is achieved then hopefully my order will be triggered and I will be back in and seeking to add more on further weakness.
180p was strong floor that has been tested plently over recent days.... was breached today and 176p tested !! Average PER for Life Sector is x10.5 therefore if last years earnings can be repeated then CSN looks cheap at this level ... thing is that the so called 'Experts' are forecasting much reduced earnings for 2012 & lower still in 2013. Still maintain that 170p looks great value as makes for 10% dividend yield, however there is a chance that absolute rock bottom price here could be as low as 145p ... Hmmm, having said that the very generous dividend should serves to prevent too much slippage. Now, please don't get me wrong, I actually quite like this share for reasons that I have posted previously, however I have had it rated 'Sell' since I sold out in september. My opinion/rating will change once i feel confident that the tide has turned .. which I am thinking might be very early 2013. I still hope to carry 5000 shares into next bull-cycle ... fingers crossed that I call it right (I need some good fortune to bail my other losses out a little) !!! Good luck all.
I would agree that there maybe buying oppertunity coming soon ... anything under 170p represents excellent value. BoD have suggested that they intend to maintain the current Dividend policy (They understand that this stock is held by a great many PI's in SIPPS & ISAs etc). All eyes will be on Earnings and Scandinavian updates here... if EPS can be defended and they can show tangible progress overseas then not unreasonable to expect sp to begin with a £2.xx ?? I have stated that I wish to be back in here by mid-end February and my hope is that I can be carrying an average below £1.70 by that time ... time will tell.
Support at 110p and then 106p ..... if 106 goes then ???? We saw 97p on last dip and I don't recall having seen too much good RSA news since !! Argy situation scares me a lot, I am in PPC (Oil explorer & producer in Argentina) ... check out their chart to see what a few knee jerk policy decision and rousing nationalistic speaches can do for a companies SP !!!!! RSA bought in Argentina in order to spread geographic risk - Odd decision given the well publicised and historic political & economic issues there ?? I will work to release funds elsewhere in readiness to pick a few more of these up at the right price before Christmas maybe. Good luck people - it could be a bumpy ride.
Chairman can clearly see the value here (Buying heavily - Good lad) !! He has got his 3rd chunk tucked away now bless him and I have a sneaking suspicion that he hasn't finished just yet ... go on my son !!! Lets be right, he isn't spending this kind of cash for the fun of it (From his own pocket too) .. he likes what he sees from the inside and MUST be convinced that 22p still represents great investment. FOLLOW THE MONEY !!!!!!
Bad news... fruit loop argy President imposes inward investment scheme with insurance companies (10-30% of available funds must be handed over to fund domestic investment projects) !!!! RSA will be shelling out big bucks by summer 2013 ... FFS the woman is a nutter. Regards, Wooly
Roger takes another large chunk (250k shares), thats two good batches in the space of eight days ... no wonder MMs were holding this one back after results, half a million of these must be quite tough to find at short notice ? Anyway, I wonder if they will let us off the leash now or will Mr McDowell fancy some more action ... moreover I wonder WHY Mr McDowell has taken so many under his belt from the outset (Maybe he knows what the real numbers might look like next March) ??? Bottom line - Nice to see us edging toward mid twenties !!
Sold half my holding at a smidge over 90p last week, I am hoping to catch a few more at between 65-75p. Knowing my luck it will hover in the mid to high 80s then whoosh up over £1 ... I am the worlds worst at timing my exit (Hence i have 8 kids ... bit of blue for the dad's) !!!! GLA - I am just being greedy and want some more of this share at a bargain price.