Australian (ASX) Stock Market Forum

AEV - Avenira Limited

Re: MAK - Minemakers

I still think back to when MAK was 16c and shae my head in disbelief, the stock has almost put on 20x or 2000% and still sort seems fairly vauled given the size of their Phosphate deposit

This Agri boom as created a new breed of PDN's and FMG's

Watching

What about the options.... from 0.05 to $2.40, almost x50. :eek: Truely amazing.................................(dots are to make the 100 character length)
 
Re: MAK - Minemakers

I still think back to when MAK was 16c and shae my head in disbelief, the stock has almost put on 20x or 2000% and still sort seems fairly vauled given the size of their Phosphate deposit

This Agri boom as created a new breed of PDN's and FMG's

Watching

Hi YT

At current prices, do you prefer MAK, RWD, IPL, STB, Other?

thx

MS

Date: 4/4/2008
Author: Andrew White
Source: The Australian Financial Review --- Page: 74
There is a growing chorus of voices in Australia who see the regulators at fault in the aftermath of the collapse of stockbroking house Opes Prime. Some $A1.4bn in shares held by Opes as collateral for margin loans to its clients have been transferred to creditors Merrill Lynch and ANZ Banking, which have begun to sell off the scrip. Investors argue this action should have been stopped by the Australian Securities & Investments Commission and stock exchange operator ASX. In some cases the original stockholders have seen their shares being sold just as they appreciated in value, such as those in Minemakers.
 
Re: MAK - Minemakers

Hi YT

At current prices, do you prefer MAK, RWD, IPL, STB, Other?

thx

MS

Date: 4/4/2008
Author: Andrew White
Source: The Australian Financial Review --- Page: 74
There is a growing chorus of voices in Australia who see the regulators at fault in the aftermath of the collapse of stockbroking house Opes Prime. Some $A1.4bn in shares held by Opes as collateral for margin loans to its clients have been transferred to creditors Merrill Lynch and ANZ Banking, which have begun to sell off the scrip. Investors argue this action should have been stopped by the Australian Securities & Investments Commission and stock exchange operator ASX. In some cases the original stockholders have seen their shares being sold just as they appreciated in value, such as those in Minemakers.

Personally, I think RWD is looking really good at the moment. I have a small amount in STB RWD and MAK. Not too sure about STB, whether i should hang on or not...?

Like to hear YT words.
 
Re: MAK - Minemakers

Hi YT

At current prices, do you prefer MAK, RWD, IPL, STB, Other?

thx

MS

Thats a hard question but since your asking me my opinion I can only tell you what I did and am doing, I held MAK from 16c-18c and MAKO from 5c-8c

I steadily sold on the way up and once it got to $1.80 I think I sold my MAKO, why? well its just how I do things, IT DOES NOT MEAN THE PEAK IS REACHED remember I sold my last YML@$1.20 a few weeks later it hit $3, I just invest where I buy into fundamentally undervalued positions have a target in my head and take profits as their reached

Likewise with RWD I feel it too has now performed extremely well, how much upside is left I don't know

I do really like STB but given its a very early stage explorer I only have a smallish spec position in it which I will bottom draw

I really like GCR, I see it as a very cheap entry into the Agri sector, it has a historic resource and appears to be partnered up with a majot player in Phosphate


Value is for everyone to decide, I have only posted a direct response to a question, this isn't advice so please DYOR

On a side note, I really feel for those Opes Prime MAK and MAKO holders, ouch!!!!!!!!!
 
Re: MAK - Minemakers

Worldwide Fertilizer Consumption Demand is on the increase...see the attached file for a World schematic.

A few people have been discussing the consequences of a reduction in arable land. The NY Times article points to increased desire for efficiency to generate higher yields, a direct result from increasing fertilizer use across developing economies.
 

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Re: MAK - Minemakers

What about the options.... from 0.05 to $2.40, almost x50. :eek: Truely amazing.................................(dots are to make the 100 character length)

Looking into MAK progress it seems they are going to spend heavily on rock phosphate and tin now.
I would be curious to know if you get a speeding ticket for using dots from the moderator Doctor J. If not, I will be querying the basis of not giving you one (nothing personal my friend) but like to know from the moderators the consistency of moderation.

Regards
 
Re: MAK - Minemakers

Looking into MAK progress it seems they are going to spend heavily on rock phosphate and tin now.
I would be curious to know if you get a speeding ticket for using dots from the moderator Doctor J. If not, I will be querying the basis of not giving you one (nothing personal my friend) but like to know from the moderators the consistency of moderation.

Regards
Mods don ´t watch the site 24/7 Miner. Give us a break! You can report these types of violations by using the report function, we would much appreciate it. Cheers, kennas
 
Re: MAK - Minemakers

Mods don ´t watch the site 24/7 Miner. Give us a break! You can report these types of violations by using the report function, we would much appreciate it. Cheers, kennas

Thanks Kennas point noted.
I thought Moderators do not sleep but I was wrong. Thanks to geographical clock difference and time for me to have a nap now :)
 
Re: MAK - Minemakers

MAK really has dropped today. Its been about 3-4 weeks since its been this low..

Anyone know whats happening?
 
Re: MAK - Minemakers

People are running rampant into spec Phosphate/Potash plays... Ones with no resources only dreams and hype... Don't get me wrong, I'm buying a few myself :p

I caught the falling knife (MAK) today at 243c... Its reached my technical buy zone... It may break and go 215'ish... But I doubt it...

Just look at the Legend announcement last night... MAK is a comparable operation, but with 80% less CAPEX... If MAK was on the US exchange it would be 4+... Aussies are slow to warm up.

I think MAK is a very strong BUY... But I'm an idiot, DYOR.

Pat
 
Re: MAK - Minemakers

that gap at $2.35 needs to be filled boys, may as well fill it now while we're down here.
holding a large parcel so DYOR and dont take my word for it.

cheers PC
 
Re: MAK - Minemakers

It has traded inside the gap...

I personally like to buy inside the gap because people often get over excited when the gap gets hit and the price flys away without me..

But I agree with you, I am anticipating the gap to close... I just figure a buy between 245c and 235c leaves only a few % of move against me...

Good Luck all.
 
Re: MAK - Minemakers

Bought in exactly $2.35 today
Can someone tell me the significance of trading within the gap? is it more of a psychological thing?
cheers
 
Re: MAK - Minemakers

Its ALL psychological unless u r buying based on fundamentals :)

Technical theory indicates that a jump in the price (A Gap) is often back filled... No real reason for it except that traders trade with this belief. Like a lot of TA theory, it becomes a self fulfilling prophecy.

Keep your eye on it... This Gap Fill anomaly is very often respected.

Google is my friend: Gaps and Gap Analysis
http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:gaps_and_gap_analysis

Pat :banghead:
 
Re: MAK - Minemakers

Kennas....how is the chart looking?

Is anyone here on mnm...it seems a bit overrated imo...yet people seem to be expecting it to run like mak???

Pat...now the gap has been filled and we have bounced back over $2.40..where do you see the sp heading now?

Cheers
EV
 
Re: MAK - Minemakers

Verdict is out - From a TA perspective, tomorrow is pretty critical in my opinion... Need some volume to the upside! If the gap doesn't prove to be a turning point, then I see 210'ish not far away.

Fundamentally (and I'm a fundamental kinda guy) - This dog is pretty solid... All i'm concerned with is the days ticking over and the Phosphate price staying high...

Everyday is another day closer to production and a billion dollar corporation.

Just my opinion :)
 
Re: MAK - Minemakers

Well i bought in at $2 about 3-4 weeks ago. So i won't be worried if it drops that low.

I wonder if MAK runs again MNM will follow it... around the same time??
 
Re: MAK - Minemakers

This is just natural consolidation IMO, in between the drilling. Money has probably switched into the very juniors as well, and others have just taken profits. Probably a bunch of new holders now who need to be patient. All the fundamental discussion hasn`t changed, unless I`ve missed something. With the potential of $1b cashflow in 2 years, it has some room to move.

Chart wise disappointed it broke 2.50, but as discussed the gap should provide some support, then $2.00. Just a word on gaps, they don`t have to be filled. There is such thing as a ´breakaway gap`that is as the name suggests. I think there was a gap up around 20 cents actually. Let`s hope that was a breakaway!
 
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