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Wescoal (WSL)


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#201 Geko

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Posted 10 March 2015 - 02:43 PM

Latest opinions on this one?

Share price dropping - any major news (after cautionary pulled)?

Director's buying, but fairly small amounts...


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#202 soutie

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Posted 25 February 2015 - 10:30 AM

OK so closed doors Re: Termination of talks.

The guy from Billiton is staying he is now a permanent employee at Wescoal.

If I get's any more share I will.


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#203 soutie

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Posted 25 February 2015 - 08:45 AM

Sent off a mail to the "media handlers" hoping for some clarity on the break-off of talks.

Market hates "talks have been terminated" only rhetoric. Leads to all sorts of usually negative sentiment.

Will report back if there's anything to report.

Soutie. 


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#204 Sugafoot

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Posted 24 February 2015 - 05:47 PM

I can only speculate and say that I hope that management simply held out for a great deal for the shareholders.<br />I do think management have done a great job so far and growth prospects seem to be strong
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#205 soutie

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Posted 24 February 2015 - 04:40 PM

Ah well nothing is for sure in life.

Deep down I is pretty pleased it's fell apart. I is just a little over exposed now....

Will re-assess when results are out.

Wonder if Billiton's guy will stay on....? For what though....? 


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#206 soutie

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Posted 19 February 2015 - 01:50 PM

http://www.netwerk24...-sake-met-eskom

 

Came across this couple days ago.

All the more reason to land an "legitimate" BEE coal trading company.


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#207 soutie

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Posted 12 February 2015 - 05:52 PM

Yip I sure don't get it either....1 thing that is niggling away is STILL no Elandspruit approval. Forget the proposed buy-out production from Elandspruit would surely get WSL re-rated. 

On the buy-out it has to be above R2.50 so even purchases around where we are at R2.10 that's a nice enough kicker. I have no spare cash other than flog my Jubilee dogs arse but just can't bring myself to take the hit..... :( 

Need some news soon or Mr Market will get fed up & move on.......to be continued....... 


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#208 Sugafoot

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Posted 12 February 2015 - 06:08 AM

What baffles me is that the share price is not reacting to the fundamentals in the company, nor this possible buy-out.
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#209 soutie

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Posted 09 February 2015 - 03:10 PM

Off the back of this story...?

http://www.bdlive.co...kom?cx_tag=bcuf


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#210 soutie

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Posted 09 February 2015 - 01:40 PM

Decent bid volume coming through today.

Light at the end of the tunnel or Minoscape offloading their monthly allocation...?

Either way hang in there guys & gals. A bit upbeat after Keith Mac's guess of R3 bucks a share is I


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#211 Sugafoot

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Posted 03 February 2015 - 06:34 PM

At R4.10 I'd also Lol .....I'd be aroused for certain... :P


At 410, who would need Viagra? :P
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#212 Queen B

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Posted 03 February 2015 - 04:57 PM

soutie :D :D :D :D :D :D :D :D


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#213 soutie

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Posted 03 February 2015 - 04:54 PM

At R4.10 I'd also Lol .....I'd be aroused for certain... :P


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#214 Sugafoot

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Posted 03 February 2015 - 03:16 PM


Was with a high ranking official from dept of Energy who on Saturday guessed that it was probably Glencore who was the bidder.

Well between Saturday & yesterdays SENS I think I'd put my weight behind Billiton.

Lol. Fair price would be 410
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#215 Sugafoot

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Posted 03 February 2015 - 02:42 PM


Was with a high ranking official from dept of Energy who on Saturday guessed that it was probably Glencore who was the bidder.

Well between Saturday & yesterdays SENS I think I'd put my weight behind Billiton.

Lol. Fair price would be 410
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#216 Jonny

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Posted 03 February 2015 - 01:07 PM

There was a bit of a sudden drop sometime last week. Never the less, I don't spend that much time analysing these things. I usually base my decisions off other people's analysis, if it sounds fine. Would though think people would be holding on to this one.

 

Price wise though, Keith posted on twitter he expects around 300cps, so I will be going with that :-)


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My posts are my opinion and shouldn't be seen as investment advise from me or the view of the organisation I work for.

Do your own research before engaging in trades/investments  :)


#217 soutie

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Posted 03 February 2015 - 11:16 AM

I wonder with the share price dropping again if it means the deal is off? Insiders maybe taking the time to exit quickly...

Where's the volume to indicate someone knows something.

Everyone is waiting for an announcement on the offer price.   R2 + how much change....?

Deal is definitely on otherwise why appoint a Billiton exec as executive director of ( insert fancy title ) 

He's there to observe the day to day running of things me thinks.

Hold tight & complain bitterly to the board if we get sold down the river too cheaply.

What price would you guys be happy with by the way....?


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#218 soutie

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Posted 03 February 2015 - 11:11 AM

Was with a high ranking official from dept of Energy who on Saturday guessed that it was probably Glencore who was the bidder.

Well between Saturday & yesterdays SENS I think I'd put my weight behind Billiton. 


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#219 Jonny

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Posted 03 February 2015 - 09:18 AM

I wonder with the share price dropping again if it means the deal is off? Insiders maybe taking the time to exit quickly...


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My posts are my opinion and shouldn't be seen as investment advise from me or the view of the organisation I work for.

Do your own research before engaging in trades/investments  :)


#220 Sugafoot

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Posted 02 February 2015 - 05:48 PM

Was with a high ranking official from dept of Energy who on Saturday guessed that it was probably Glencore who was the bidder.
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