1114 replies to this topic

[Wolkie]

ESR Now with expected positive HEPS of between 1.8c and 2.1c its a good further step in the recovery story. Combined with a healthy balance sheet and a discounted share price even after today's 15% jump to closing of 30c this might be a 2 to 3 bagger over the next 6-12 months from current price methinks.

[Wolkie]

ESR Reported NAV was at 148c at the last statement, Net Current Asset Value is at 48c (good margin of safety balance sheet-wise). Some restructuring has happened this year and it almost seems like their partnership with Calgro M3 is rubbing off a little in the way they restructured.

[Wolkie]

Hi All (first post, been lurking for a long time)<br /><br />Finally seeing some better results from ESR. Decent trading update today. Looking forward to seeing the full financials to see further debt improvement. <br /><br />Anyone with any thoughts on this one?

[Mr.Balls]

Anyone know what's going on at ANSYS?

[Crow8866]

Chrometco gaining some momentum over the last few days.

 

Anticipated results? Lets hold thumbs.

[Geko]

PETMIN - any opinions on this one at current prices?

[Queen B]

@Crow

I agree, this is the game changer

However volume has been very thin. Need a few big bites to get the volume and price going

[Crow8866]

Chrometco Limited - Section 11 Consent

Release Date: 30/09/2015 08:15:00      Code(s): CMO        Section 11 Consent

CHROMETCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/026265/06)
Share code: CMO
ISIN Code: ZAE000070249
(“Chrometco” or “the Company”)


SECTION 11 CONSENT


Shareholders are referred to the SENS announcement released
on 14 September 2015 as well as the circular dated 2 October
2012 regarding the acquisition by Chrometco of drill data,
drill core and abandonment of prospecting right for PGMs and
other metals in favour of Chrometco by NKWE Platinum (South
Africa) Proprietary Limited (“NKWE”) and Realm Resources
Limited (“Realm”) (“the Transaction”).

Chrometco is pleased to announce that it has received letters
from the Department of Mineral Resources granting consent in
terms of section 11 of the Mineral and Petroleum Resources
Development Act No 28 of 2002 (“MPRDA”) to transfer the
mining rights M404 and M405, which are the mining rights on
portion two and the remainder portion, to Rooderand Chrome
(Pty) Limited (“Rooderand”) a 74% held CMO subsidiary.

This is a further major milestone towards the completion of
the Transaction, which will result in a combined mining right
for Chrome, PGMs and other metals on the remainder portion of
Rooderand.

Rooderand is also appropriately empowered with the required
26% BEE shareholding and concluding the transfer of the
mining rights will furthermore ensure compliance with the
MPRDA in that respect.

Shareholders will be kept informed of progress in this
regard.

30 September 2015
Johannesburg

 

This is the game changer

 

[yusufm]

Been out of the market for a few months now.
But I received an alert a few minutes ago Re Resource Generation Limited. The proposed funding looks huge and finally has come! I know people watching this company have been waiting for this funding for at least 3 years and most people, like myself, have written the company off. Could this be a game changer? Would appreciate any input...

[Crow8866]

Release Date: 14/09/2015 08:35:00      Code(s): CMO      

Section 102 Consent

CHROMETCO LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2002/026265/06)
Share code: CMO
ISIN Code: ZAE000070249
(“Chrometco” or “the Company”)


SECTION 102 CONSENT


Shareholders are referred to the circular dated 2 October
2012 regarding the acquisition by Chrometco of drill data,
drill core and abandonment of prospecting right in favour of
Chrometco by NKWE Platinum (South Africa) Proprietary Limited
(“NKWE”) and Realm Resources Limited (“Realm”) (“the
Transaction”).

Chrometco is pleased to announce that it has received a
letter from the Department of Mineral Resources granting
consent in terms of section 102 of the Mineral and Petroleum
Resources Development Act No 28 of 2002 to include PGMs, base
and other metals to the existing mining right for Chrome over
the remainder portion of Rooderand.

This is a major milestone towards the completion of the
Transaction. The amendment to the mining right can proceed,
which will conclude the Transaction and result in the issue
of 70 million Chrometco shares to Nkwe and Realm jointly.

Shareholders will be kept informed of progress in this
regard.


14 September 2015
Johannesburg

Designated advisor
PSG Capital Proprietary Limited

Date: 14/09/2015 08:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

[myusuf]

Yep - didn't turn out as expected but will hold DSY for 2-3 days more and Torre a week at least (torre was up 4% at midday)

 

Ive learnt that if you put 50-  100k in a share its better to take 4-5% or 4-5k and roll into next deal after 1 week latest

 

In the past I would hold for months but now realise the opportunity cost is 50% greater

 

Eg - held wescoal for long and got out at R1,50 - Made up my losses with same cash - rather buy in for the spike on a share and leave than hold long term 

 

[myusuf]

Yep - didn't turn out as expected but will hold DSY for 2-3 days more and Torre a week at least (torre was up 4% at midday)

 

Ive learnt that if you put 50-  100k in a share its better to take 4-5% or 4-5k and roll into next deal after 1 week latest

 

In the past I would hold for months but now realise the opportunity cost is 50% greater

 

Eg - held wescoal for long and got out at R1,50 - Made up my losses with same cash - rather buy in for the spike on a share and leave than hold long term 

 

[LiveInExcess]

Well when it comes to Torre which does not have a lot of public exposure, then it will not always bounce on the results. You will need to wait till the results have been digested and "if" the future looks bright, then it will charge 2-4 days after the results have been released.

 

Its a case of there being more long term investors to short term traders, and then to why short term traders would be focusing on Torre. It the low percentile of risk takers taking a chance on good results . When the long term investors digest the results and see the upside the price will follow.......

 

Well that's my 2 cents. Cheers.

 

 

[Sugafoot]

If you want to make A quick buck tomorrow, buy torre and discovery before results out in morning and sell after the huge buys go through


It is a risk but the pros are better than cons

Torre finished up 0.6% for the day. Discovery down 0.7%. Eish..,

[myusuf]

If you want to make A quick buck tomorrow, buy torre and discovery before results out in morning and sell after the huge buys go through

It is a risk but the pros are better than cons

[myusuf]

If you want to make A quick buck tomorrow, buy torre and discovery before results out in morning and sell after the huge buys go through

It is a risk but the pros are better than benefits

[myusuf]

Petmin up 10% today

 

Was R1,25 a week ago and is now R1,47 - very cash flush on AFS

 

FCR Ferrum - if any news re - funding comes through we could see 50-200% on share price of 8c

 

 

[myusuf]

Petmin trading statement Heps is 24c, maybe can make some if we buy now for short term, effective pe is 5,5 , room for move up of 50c-r1 in next 3 weeks

[nosh]

Hi all

Any idea to as to PSVs recovery?
Thanks In advance

[MoneyMan]

KBO looks like it's waking up, well I hope it is