Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We will see a RNS in the next days: "NOTIFICATION OF MAJOR INTEREST IN SHARES". The only question is:WHO? Maybe the "KiFin LTD" is buying... It´s surely a professional brooker doing these movements. Exciting times... And if we get any positiv update on the Lancasters, I bet 2£ isn´t far away!
And other big buys, double 45000 etc... This looks like someone is getting an upper part of this beauty. Does anybody knows what´s happening? Tara?
Must have something to do with a new project, or the sales on the Lancasters did go very well. MNR will make that clear in a couple of weeks or maybe we see a RNS from the NTA management.
The Annual Report and Accounts for the year ended 30 June 2010 and Notice of Annual General Meeting of Minerva plc have been submitted to the National Storage Mechanism and will shortly be available for inspection at: www.Hemscott.com/nsm.do
Looks like MNR is in the starting blocks. As soon an update of the lancasters is announced, we´ll see the real value of this bb. Obviously we are talking of +- 52 MM of gain here. When this is common knowledge in the city ... At the moment there is no news and only small trades. This will change.
Yes, boredmum and Tara, your calculations are correct, but without encashment of the 52M and NTA´s announcement, I don´t think much will happen. According to my information today cash will flow within the next months and then we´ll have ... firework, I guess. At some time the market will adjust the mismatch of the SP and the real value of NTA, the latest when the accounts are overflowing. Wait and see.
Why is the sp dropping. Result of MNR is as excpected. No change in Lancasters result.
After studying all the facts of this share - also thanks to tara7 - I must say, selling this share is, at this stage, a big mistake. Offcourse when you bought NTA at 30 pence and selling at 120+, thats a good gain. But what about a sp of £3.00 on a short term?!! Lay down, relax and wait... I´ll do, and I keep my many k´s until june next year.
We all believe a higher sp is due. But what about a yearly dividend? Normally shareholders become this kind of participation. NTA didn´t pay dividends in the past, but could we expect a change next year?
If you have a look at yesterdays trades: - lowest sp 126, highest sp 139,75, ending up sp at 127,50. Every rise was followed by a sale. - No infuence from the markets or such, positiv day - No news, except for MNR RNS. Nothing new. Conclusion: a big shareholder is trying to keep the sp down (why should that be?) or daytrader are making gain. Anyhow it is pleasing me to see how powerful this share can perform. Let´s have some patience, and see what happens when real news about gains is published. I guess we see a sp of at least 3 pounds next year. And seeing the attractiveness of this share it wouldn´t surprise me to see a takeover-bid one of these days. After all a take-over would be financed by the Lancasters gain, and the byer is getting a brillant management and Intarya, which is doing very well too. It is just a matter of time to see a penny stock becoming a small cap ...
Look at these trades, big boys are bying ...
"The Company has been notified today that Sutterton Label Printers has sold 800,000 ordinary shares of 2.5p ("Ordinary Shares"). Following this sale Sutterton Label Printers no longer have a notifiable interest." Is that what you mean Tara?
Wow Tara, this is incredible news. SP should rise in future, as its price doesn´t reflect the real value at all ... Especially Intaryas good business is pleasing me. NTA is really a good company, right contracts and "right" profit margins. I guess the big boys will buy in small parts for the next weeks and months. Oh and by the way thanks for your prime information ... You hit the nail on the head before ...
Strange that so many investors are selling this share, although the sp doesn´t reflect the real value.
Well done Tara. And I even will keep my NTA shares. WOW!
38% of 200M= 76M 76M/26.720.000shares= +-2,8£/share Calculation, too simplistic? This would mean an early retirement for me ... haha
Thks for yr tip; in what kind of period do you expect a SP of 3£?
Very right tara7. 100% up, its just the beginning. I expect SP of 1,25 within 4 to 5 weeks. Greetings to all, I am new in this chat.