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AEV - Avenira Limited

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Re: MAK - Minemakers

Blogs,

Lots of people are strugling with this major correction, and it will probably recover in time with the general commods market.

At the moment, anything dug out of the ground is being smashed!!!

I believe that commods will recover in the future, but I do not know how long.

I am a firm believer that Chindia will be the major consumer in the future... but how long.... guess...

My interest in this is that I am now holding about 5% of my initial investment, and it is obviously free carried. I bought a pile of stocks and options in Feb 07....

No need for intraday commentary here, as it generally serves no purpose.

What is new today about the fundamentals or TA of the stock?

Thatś what we should be taking about.

Letś keep this thread taking about issues that effect the real price of the stock, not intraday noise.

All other factors, already being mentioned, point to this being a long term producing company of RP with great govt and spear chucker spt.

You are making me think that you have over committed here...
 
Re: MAK - Minemakers


What makes you think Im over committed? As per my previous comments Ive been trying to gauge re entry? I think day to day commentry is very valid seeing how quickly this stock price changes-down 35 cents just from Monday!!!

What is new about the T.A of this stock-dunno mate, besides that big slide down from $1.45?? Seems the so called break of down trend wasnt really broken and we are back into a down trend? Thoughts? Thats what we should be talking about. The fact that it is getting lower every day is relevent and worthy of discussion?

I have been feeling that this would happen, that we would re test 80 cents and as Im not an expert I like to gauge other peoples opinions hence the request for more chatter
 
Re: MAK - Minemakers

Well $1 is well and truely gone, and now 90 cents is looking under threat-I think this is worthy of dicsussion? Surely will retest 80, the big question though is will it bounce of it or continue down....?
 
Re: MAK - Minemakers

I've been a bit of a lurker in recent weeks for MAK. Nothing constructive to add.

Does anyone have a feeling as to where the funds are drifting into if they are pulling out of commodities? Off the table entirely or reweighted into financials perhaps?

Cheers,

Kenny
 
Re: MAK - Minemakers

I have no idea what's happenning in the short term... for anything, life included

Although, by the looks of things 0.8 will be retested, I hope its a double bottom and not a fall into oblivion...

only time will tell

Z
 
Re: MAK - Minemakers

Hi Kenny, doesnt matter if its constructive or not-sometimes its just nice to hear what someone else hunch is

IMHO I reckon alot of money is just being pulled out into cash-its far to volatile at the moment, and unless you are shorting or picking a few winners like a day at the race track its pretty hard going. Why would anyone buy on a downtrend (falling knife) when they can wait for the bounce or reversal of trend?
 
Re: MAK - Minemakers

Personally, I rarely comment on intraday movements as it is normally just noise and should be restricted to HC fools. And, ex and future taxi drivers... Lots of those about to hit the street. Or, about to go back to school.

$1.40 ish has now formed up as a significant issue, and I'll be lookin forward to that been beaten positively for re-entry. Might be a while though...

Fundies, for this company hasn't changed, and leads me back to why I started buying and selling stocks on FA and TA some time ago. Still have failed to obide by that, but another lesson learned. Another...
 
Re: MAK - Minemakers

kennas said:
Personally, I rarely comment on intraday movements as it is normally just noise and should be restricted to HC fools. And, ex and future taxi drivers... Lots of those about to hit the street. Or, about to go back to school.
Click to expand...

Wow, you think the fact the S.P dropping 40% odd is for taxi drivers? A bit condacending there kennas? Nethertheless this taxi driver has done quite well out of this 'noise'. This noise has made me close to $150k this year, all through 5 simple trades based on the intraday week movements-how you can turn your back on such numbers is beyond me? By sitting back and looking at what I think the S.P was going to do I have turned a nice profit (by my standards anyway...), and am now looking at re entering at 80 cents odd at a much larger position, again amplifying my next trades gains. Maybe you are dealing in much more than a couple of hundred thousand dollars?

Can I ask then what sort of movement you dont consider to be noise?

That asside, in combination with the Wall st bloodbath I feel this will still continue down-in times of uncertainty speccys are the first to be sold off as money is either put into cash or 'cheap' blue chips?
 
Re: MAK - Minemakers

Some intraday noise-MAK opens at 83 cents!! 67,000 available at 84...hmmmmm should I wait, still not showing any strength, think 75 is on the cards. Good luck to all holders or people looking for entry!!
 
Re: MAK - Minemakers

Hi all, thought I would bring your attentiuon to MAK today-incredible performance-bounced back hard, is now up 8% and buy side is stacked heavily at 734 v 259 sells. Definately worth keeping an eye on!!! Maybe there is some coming news, either way I have seen this before to many times to ignore, hence back in....good luck all
 
Re: MAK - Minemakers

kennas said:
Personally, I rarely comment on intraday movements as it is normally just noise and should be restricted to HC fools. And, ex and future taxi drivers... Lots of those about to hit the street. Or, about to go back to school.
Click to expand...

Well Blogs. I think you had the last laugh on this one. If you traded MAK intraday today you could have made a heap as the day range was 23%. Overall though the stock fell by 0.54% from yesterdays close.

Well done Blogs, I wish I had your stomach for it. I should have traded it today as I'm still holding MAK from last May. Anyway I only made 5% today on LNC ..... better than nothing.
 
Re: MAK - Minemakers

Thanks Pigsy. I didnt trade MAK today, was looking for re entry at a level I was happy with-ended up with a nice couple of parcels of oppies (even managed to score the ones at 52.5 , just not at the volume I was after lol ) and the rest heads in the low 80's. Happy to hold for the time being now.

MAK is now looking really good even with a bit of late arvo profit taking. Nothing under $1 and buy side is still huge, with a bit of luck we could see this headed up this week-seems very strong resistance at the 80's and soon as it gets there a buying frenzy is started lol MAK is absolutely fantastic long term, but to ignore trading ops in the meantime isnt my cup of tea

Good luck all
 
Re: MAK - Minemakers

blogs said:
This noise has made me close to $150k this year, all through 5 simple trades based on the intraday week movements-how you can turn your back on such numbers is beyond me?
Click to expand...
Nice work blogs! You are a great trader.

Damn, wish I made money like that.

I'll just head back to my taxi...
 
Re: MAK - Minemakers

kennas said:
Nice work blogs! You are a great trader.

Damn, wish I made money like that.

I'll just head back to my taxi...
Click to expand...

Thanks Kennas (I think...lol) I cant really understand where you are coming from-what you call 'noise' has made me and probably countless others quite a bit of money, why take ofense at that? There has been a few clear runs on MAK that any donkey could have jumped on and made a quick 30-50%. You are obviously a hold and forget type, thats fine, thats your perogative. I on the other hand am very inetrested in a S.P that falls and gains 30% as to me it spells opportunity, not noise. No need for nastiness of condacending remarks, you may be a ledgend trader who looks down on a $150k profit, to me I am quite proud of that and I care not what you may (or may not) be making. Best of luck to ya...
 
Re: MAK - Minemakers

Dunno, but I did see one about taking profits at 90? Anyway Im not trying to pick a fight with you, came here looking for opinions on what is a very active S.P, if you dont want to add anything constructive thats fine by me...
 
Re: MAK - Minemakers

From someone else

At 3mtpa and RP $US500/t = @ .80 = $A625/t, gross revenue would be nearly 2 billion per annum not 1 billion as AD points out.

Taking off opex of $100/t leaves a margin of $525/t = $1.575B pa. Less royalties say 20% (NT Govt 18% plus TO's say 2-3%), then tax at 30% gives NPAT $882M pa. That is $7.80 per share approx. At PE6 = $47 sp.

AD also mentioned that MAK has a $30-40/t freight advantage for delivery to Asia compared to RP shipped from the Middle East and that they would seek to capture that difference. That's a nice buffer to have to offset any opex inflation that may occur and still give us rosy NPAT numbers.

Sure, best case scenario based on current contract prices ex-Morocco but so long as the Moroccans need more money why would they drop the RP price, as marginal production will still come on anyway even if RP prices halved. That is to say, they may as well maximise revenue while they can. And of course world population is growing at 200,000 net PER DAY
 
Re: MAK - Minemakers

I think you would need to include some effects of dilution due to capital raisings or debt in those figures there Blogs, but even still it does paint a nice picture.

Now its just seeing if they can actually execute their plan quickly in order to take advantage of high prices...
 
Re: MAK - Minemakers

blogs said:
Dunno, but I did see one about taking profits at 90? Anyway Im not trying to pick a fight with you, came here looking for opinions on what is a very active S.P, if you dont want to add anything constructive thats fine by me...
Click to expand...
I never add anything constructive blogs.

Nada!

Check the start of the thread to when YT and I were into this before reducing your standing any further.

You are also standing on a precipice....

 
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