AEV - Avenira Limited
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Re: MAK - Minemakers
Ans25,
Asking about price targets for MAK is a debatable subject for many as the price targets depend on whether or not MAK are able to bring the PH projects into production in their expected time frame.
1 year price targets have been said to be anything from $3 - $12 and that was before the price hike for Rock phosphate that is about to be announced which probably increases those price targets to a degree.
Price targets for once they hit production are in the vacinity of $25 - $50 but don't take my word for it. These are just the prices that have been discussed.
Anything is possible. Good luck with your investments.
Champ
Ans25,
Asking about price targets for MAK is a debatable subject for many as the price targets depend on whether or not MAK are able to bring the PH projects into production in their expected time frame.
1 year price targets have been said to be anything from $3 - $12 and that was before the price hike for Rock phosphate that is about to be announced which probably increases those price targets to a degree.
Price targets for once they hit production are in the vacinity of $25 - $50 but don't take my word for it. These are just the prices that have been discussed.
Anything is possible. Good luck with your investments.
Champ
Re: MAK - Minemakers
Farmers just don't switch between potash (Potassium) and phosphatic fertilizers (MAP and DAP) as they are completely different elements. Potash is generally used by the vegetable growers.
I personally can't see graingrowers just buying the phosphate, as they buy the mix for the added nitrogen which gives the plants a burst. The phosphate fertilizer called Super is normally used as a pasture fertilizer, and it has the rock phosphate with added Sulpher which is also important for plant growth.
In order of plant element needs, it goes nitrogen first, phosphorus second followed by sulpher, zinc and then all others are in the micro needs area, apart from water, which of course is at the top!
Farmers just don't switch between potash (Potassium) and phosphatic fertilizers (MAP and DAP) as they are completely different elements. Potash is generally used by the vegetable growers.
I personally can't see graingrowers just buying the phosphate, as they buy the mix for the added nitrogen which gives the plants a burst. The phosphate fertilizer called Super is normally used as a pasture fertilizer, and it has the rock phosphate with added Sulpher which is also important for plant growth.
In order of plant element needs, it goes nitrogen first, phosphorus second followed by sulpher, zinc and then all others are in the micro needs area, apart from water, which of course is at the top!
Re: MAK - Minemakers
I'm happy to buy MAK at these levels, but I am not spending all my cash as I know there is a long time to production still.
The company appears to be transparent which is great.
And I have heard the sky news guru also, he is the best guy on there.
A technical chartist.
MAK at $50 and I could start to offset some capital losses...
haha
I'm happy to buy MAK at these levels, but I am not spending all my cash as I know there is a long time to production still.
The company appears to be transparent which is great.
And I have heard the sky news guru also, he is the best guy on there.
A technical chartist.
MAK at $50 and I could start to offset some capital losses...
haha
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Re: MAK - Minemakers
Hello,
Today’s fall in SP ?
Delay with formalised drill results ?
Just a horrible market ?
Profit takers ? After all MAK was under 50c a few months ago
I think may be a combination of the above, not much help I know.
Anybody have any thoughts ?
Buying opportunity ?
I might wait to see if drops under the dollar, after all despite all the potential and the hype MAK is still just a speculative stock, with untested management at bringing home such a massive project, so perhaps that would be a more realistic level until there is a clearer picture re, JORC, Transport, Weather, Processing, signed customers etc..
I am going to hold, buy some more under a dollar.
Regards
Hello,
Today’s fall in SP ?
Delay with formalised drill results ?
Just a horrible market ?
Profit takers ? After all MAK was under 50c a few months ago
I think may be a combination of the above, not much help I know.
Anybody have any thoughts ?
Buying opportunity ?
I might wait to see if drops under the dollar, after all despite all the potential and the hype MAK is still just a speculative stock, with untested management at bringing home such a massive project, so perhaps that would be a more realistic level until there is a clearer picture re, JORC, Transport, Weather, Processing, signed customers etc..
I am going to hold, buy some more under a dollar.
Regards
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Re: MAK - Minemakers
Pigsy MAK was 25c last November so you will still be doing well at 50c imagine what more recent buyers are feeling !
Regards
Pigsy MAK was 25c last November so you will still be doing well at 50c imagine what more recent buyers are feeling !
Regards
Sean K
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Re: MAK - Minemakers
What a disasterous day. I'm not sure where a bottom is and how long it's going to take to recover. Years? God knows. There are no buyers, and sellers are running for the doors. Seems irrational with MAK when you look at the fundamentals. But, as they say, the market can stay irrational for longer than you can stay solvent.
What a disasterous day. I'm not sure where a bottom is and how long it's going to take to recover. Years? God knows. There are no buyers, and sellers are running for the doors. Seems irrational with MAK when you look at the fundamentals. But, as they say, the market can stay irrational for longer than you can stay solvent.
Re: MAK - Minemakers
WOW, I was on holidays for 3 month and just came back. MAK was one of my favourite spec stocks. But they sure took a dive during the time I was away, lucky I went into cash before I left.
However, I will be watching MAK for the next few days, am tempted to get back in again. I still believe they have a good future.
WOW, I was on holidays for 3 month and just came back. MAK was one of my favourite spec stocks. But they sure took a dive during the time I was away, lucky I went into cash before I left.
However, I will be watching MAK for the next few days, am tempted to get back in again. I still believe they have a good future.
Re: MAK - Minemakers
hey any gurus out there,
I've got a question about interpretation of the course of sales for MAK.
If you look at the course of sales for today the volumes look really wierd there's a whole lot of little trades happening.
Does anyone have any ideas about what is going on?
I've read on other posts that it could be automated traders (i.e. computer programs). Is that what is most likely happening?
Z
hey any gurus out there,
I've got a question about interpretation of the course of sales for MAK.
If you look at the course of sales for today the volumes look really wierd there's a whole lot of little trades happening.
Does anyone have any ideas about what is going on?
I've read on other posts that it could be automated traders (i.e. computer programs). Is that what is most likely happening?
Z
Re: MAK - Minemakers
Zolow, those small parcels are really killing the sp. I note back in May the MD had similar issues to the extent that there was a ASX media release about it. Here's the quote
"At the start of May, Minemakers and several of its shareholders noted a new type of trading
in Minemakers’ shares, namely a multitude of trades at single digit levels.
This caused concern to numerous of our shareholders, several of whom registered their
concern with Minemakers and with the ASX, and they queried whether the practice could be
influencing the share price. The Company also raised the issue with ASX when it was
initially noted and when the trading party was able to be identified.
ASX has advised Minemakers that it has reviewed the situation and understands that the
trading is of a form known as Direct Market Access (DMA) or Algorithmic. It advised that it
monitors DMA trading and expects brokers to have in place appropriate mechanisms to
ensure that such trading is not manipulative."
Isn't it funny you only see this sort of thing when the sp is going down and not up. So if it's not manipulative what is it?
Zolow, those small parcels are really killing the sp. I note back in May the MD had similar issues to the extent that there was a ASX media release about it. Here's the quote
"At the start of May, Minemakers and several of its shareholders noted a new type of trading
in Minemakers’ shares, namely a multitude of trades at single digit levels.
This caused concern to numerous of our shareholders, several of whom registered their
concern with Minemakers and with the ASX, and they queried whether the practice could be
influencing the share price. The Company also raised the issue with ASX when it was
initially noted and when the trading party was able to be identified.
ASX has advised Minemakers that it has reviewed the situation and understands that the
trading is of a form known as Direct Market Access (DMA) or Algorithmic. It advised that it
monitors DMA trading and expects brokers to have in place appropriate mechanisms to
ensure that such trading is not manipulative."
Isn't it funny you only see this sort of thing when the sp is going down and not up. So if it's not manipulative what is it?
Re: MAK - Minemakers
Thanks Pigsy, very informative. I agree that it looks like it's manipulative (like someone with a nice parcel of shares that they want to short and so force the price down by selling a small amount, then get a profit on the whole).
This doesn't really mean much if you are in for the long haul, but it is just really annoying seeing your portfolio valuation jump around so much on share prices that have only changed because some "algorithm" decided it wanted to sell 30 shares at $1.24 or whatever.
you wouldn't happen to have any links on information about DMA would you?
Thanks Pigsy, very informative. I agree that it looks like it's manipulative (like someone with a nice parcel of shares that they want to short and so force the price down by selling a small amount, then get a profit on the whole).
This doesn't really mean much if you are in for the long haul, but it is just really annoying seeing your portfolio valuation jump around so much on share prices that have only changed because some "algorithm" decided it wanted to sell 30 shares at $1.24 or whatever.
you wouldn't happen to have any links on information about DMA would you?
Re: MAK - Minemakers
Google search found this.
http://www.asx.com.au/professionals/institutional/direct_market_access.htm
Google search found this.
http://www.asx.com.au/professionals/institutional/direct_market_access.htm
Sean K
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Re: MAK - Minemakers
Hooly dooly,
I'm feeling it for you guys who got on late and seen the sp get trashed from almost $3.00. I'm feeling it for myself, even though lucky to be free carried. I still have quite a bit in this, just because it's free carried and see some long term potential. In hindsight, I should have played the technicals (usual plan) and sold on the significant breakdowns around $2.25, $2.00, and $1.75. I thought $1.40 was going to hold by the chart. Obviously, they are not fool proof.
Now, on this weakness, it's time to consider re-entry because the funny's have NOT changed, except for the smashing of commods in general, and market sentiment.
Ag prices have not retreated like oil, copper, and gold. MAK has just been thrown in with the rest, which is fundamentally wrong. But, obviously the market is not ratonal; up, or down.
MAK, RWD and STB, all significantly off, when Potash and RP are forcast to stay high enough to see these stocks probably go into development in the coming years.
The market is forecasting reduced prices by the look. Maybe too much though.
So, it'd be gutsy to get in right now with this bearish sentiment, but it will eventually turn about IMO. It's just a matter of time.
Unless of course world financial markets disolve completely taking everything else with it. It's a possability, but I think there's a higher % chance that we'll see a bottom in the coming months, to maybe 2 years, and world growth will continue after a decent shake out.
There's some 'commods' that will do well, and I think fertiliser products will stay higher for longer.
I hope some of you have some spare change left to take advantage of the potential bottom approaching, around these levels. Hard to imagine 3000's but who knows...
Hooly dooly,
I'm feeling it for you guys who got on late and seen the sp get trashed from almost $3.00. I'm feeling it for myself, even though lucky to be free carried. I still have quite a bit in this, just because it's free carried and see some long term potential. In hindsight, I should have played the technicals (usual plan) and sold on the significant breakdowns around $2.25, $2.00, and $1.75. I thought $1.40 was going to hold by the chart. Obviously, they are not fool proof.
Now, on this weakness, it's time to consider re-entry because the funny's have NOT changed, except for the smashing of commods in general, and market sentiment.
Ag prices have not retreated like oil, copper, and gold. MAK has just been thrown in with the rest, which is fundamentally wrong. But, obviously the market is not ratonal; up, or down.
MAK, RWD and STB, all significantly off, when Potash and RP are forcast to stay high enough to see these stocks probably go into development in the coming years.
The market is forecasting reduced prices by the look. Maybe too much though.
So, it'd be gutsy to get in right now with this bearish sentiment, but it will eventually turn about IMO. It's just a matter of time.
Unless of course world financial markets disolve completely taking everything else with it. It's a possability, but I think there's a higher % chance that we'll see a bottom in the coming months, to maybe 2 years, and world growth will continue after a decent shake out.
There's some 'commods' that will do well, and I think fertiliser products will stay higher for longer.
I hope some of you have some spare change left to take advantage of the potential bottom approaching, around these levels. Hard to imagine 3000's but who knows...
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Re: MAK - Minemakers
I wanted to get some at 1.40's and decided against it... luckily
I read from Bell Potter analyst report that this stock has a DCF of $3+. In fact it almost got to $3 early this year. Its a case that the baby is being thrown out with the bath water.
I wanted to get some at 1.40's and decided against it... luckily
I read from Bell Potter analyst report that this stock has a DCF of $3+. In fact it almost got to $3 early this year. Its a case that the baby is being thrown out with the bath water.
Re: MAK - Minemakers
Really? Baby with the bath water? What about IPL? They have been decimated in all this as well.
The markets are shaky and the money is swishing around from financials to commodities and when inflation creeps back in move to commodities LOL!. MAK is now in a very steep downtrend and finished on the daily low today...can't say that would be all too pleasing for holder's.
Kennas crunched numbers for everybody and if those figures hold then holder's could expect to be rewarded...interesting times ahead.
Really? Baby with the bath water? What about IPL? They have been decimated in all this as well.
The markets are shaky and the money is swishing around from financials to commodities and when inflation creeps back in move to commodities LOL!. MAK is now in a very steep downtrend and finished on the daily low today...can't say that would be all too pleasing for holder's.
Kennas crunched numbers for everybody and if those figures hold then holder's could expect to be rewarded...interesting times ahead.
