Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
WCC look a good buy on the slight retrace this week, big increase in production capacity underway within that company and with china back to being a building site pretty soon a cement manufacturer will have guaranteed EPS growth, current PE of about 1 is just a joke. FTO is a great company, again earnings/revenue & supply absolutely soaring 40-60% over the last 12 months even in recession, $90 mil cash in bank, nothing bad you can find about that company, currently building a gas pipeline directly to beijing, scheduled for competion about 2011 i believe. Wait for a sub 6p retrace there. CBI have a 3rd production facility in the offing which will almost treble capacity, rising oil prices make their biodiesel product more attractive, government backing. Still very cheap, potential high future divi yields on that one. NBPC looks cheap, but sp based solely on assets held and very hard to quantify real valuations. Worth a small punt. UCP looks a great buy, indian real estate development, cash per share alone 16p, est. NAV between 116-140, trading at 16p. SOV i loved but that ship has sailed, worth keeping on watchlist for any retrace. CFC is a growing chinease food/animal feed producer, has retraced recently after a profit estimate downgrade but good buy sub 30p. I like the look of what IIP are investing in, Indian infastructure development projects (energy/transportation) but a new company with no real earning history so bit of a gamble.
Its a private equity company focused predominantly in up and coming Chinease & Indian companies from mobile telecoms, software solutions, bioenergy/clean energy, mobile payments. Current net asset value of 39p a share, healthy balance sheet with £13mil in the bank. Appear to be a well managed company, grew their revenue by 200% in the last 12 months. Current P/E ratio of just over 1 They traded at 66p a share at their high a year or two ago, although they have grown their assets considerably since then. Plenty of upside and future growth potential if your looking for an easy way to get into emerging markets, always difficult to properly value equity companies i know but can only see this one going up. I love my chinese / indian companies so took a small punt on this one. I watched Sovgem for ages when it was at 3p, that one recently bounced to 15p and i missed it, this looks a similar opportunity which very few people seem to have looked at judging by the lack of posts. Cheers for the company by the way, was getting lonely here
Did anyone actually manage to get a sell or dummy sell at 4.75 or around there today?? Seems very ood. That said a 2% rise today is fine by me, after watching this do absolutely nothing or just go down for what seems like ages any upward movement is great. Small steady rises are often better anyway as people will hold instead of snatching profits and you get a retrace start if it just shoots up suddenly.
I do like UKC, kicking my self on that one though, seriously considered it when it was at 90p but put funds elsewhere in the end, have made a couple of hundred quid spreadbetting it from 140p but thats about it. Definately one i watch closely now, can only see upside there, happy to keep betting long on that one on any sub 140 retrace for sure.
Out of interest mate what other miners are you in? Im averaging 5.7p on EML which wasnt looking great but has had a nice rally these last 10 days and looks to be making progress. Im regretting selling XTA when it hit 600p, but still have a bit of fun spreadbetting that one on this slight retraces.
I did quite well out of VGM about 3 months ago, bought them when they were 0.7p watched them drop to 0.5p then suddenly one pleasant friday afternoon there were 2 supposed takeover deals on the table and they shot up to 1.5p, i sold up at 1.3p in the end and havent dipped in since but still keep an eye on that one. It has the makings of a good company but has been very poorly run, that said they raised money to spend on trucks and power generation i believe, if they actually do this and can increase gold production it'll be a good share as they are sitting on a lot of gold but theyve raised money for equitment before and it seems to have dissapeared, or at least not been spent wisely or put to good use. Sub 1p i still think they are not a bad punt, wouldnt want to put much on it, always the chance of another takeover rumour that would net you a quick 50% return as well. Ive not looked at their balance sheet for a while so cant remember that well but i believe debt isnt too much of an issue, they just need to get their gold production ramped up.
Can only presume it may have something to do with uk industry output rise. It seems this share price is strongly linked to the end of the recession (as most are i guess) As recession ends the price and demand for diamonds will absolutely soar from their current levels. This company seems as safe a bet for 2-300% return over 18 month period as your gonna find in my opinion. Its also a good daytrader, open sub 170 close anywher near 180p, its been stuck in this range for quite a few weeks now, worth not setting a price target however as youll log into this one day to see a sudden 20% jump, this hasnt bounced anywhere near as much as it should have yet.
So frustrating this has been trying to break 200p for about 2 months now with no joy, regularly nuges it but quickly falls back slightly. You feel if it could just break and hold that 200 barrier this is still massivly underpriced.
Just need one more tick up to be in profit here, cmon EML. Nice to see some steady upward pressure building now, i was a bit concerned when i bought and it dropped to 4.5p. I think 6p here would seem likely, wheather well get much above that without major news though in not so sure.
Expecting these to bounce real soon, they really havent rallied enough so far, screaming buy, especially now they've paid off their debt. Much better value than some of the mining stocks which got well ahead of themselves this time last week.
The main thing with GEMD is that their balance sheet is now very strong and they are in a great position to whether the recession. Its just a matter of time. When you look at the way the mining companies have rocketed in price to about 4 times their march lows this is still a bargain sector that hasnt really bounced yet but is certain to. China & India will bring a demand for diamonds never before seem and prices will set record highs within the next 3-5 years. Id say this is as surefire a share as your going to find at the moment
Very little talk on this one but looks to have a lot of support at 200p, always seems to bounce of this and seems a good opportunity at this level for any day traders.
Good to see this can move up as well as down, i was starting to get a bit concerened with my buy at 5.7p The share price really does look daft when you look at the asset values this company is sitting on, it really should be 7-8p and as you say thats not factoring any future prospects or potential into the mix.
Do you think this share price is dropping simply because people are leaving for more exiting shares elsewhere? Its the only thing i can really think of?? Have some funds to double my holding here but when it just keeps ticking in one direction down im reluctant as im not convinced this isnt going lower.
I guess next set of results will tell us a lot. This share just seems to be stuck in between a 180-200p trading range. I wish it was available to trade on my spreadbet account but its not listed on paddypower. Anyone use any other platforms that have smaller caps listed like this one???