AQA - Aquila Resources

[imajica]

Just when I thought it was taking a breather - AQA surges again to a fresh high of $14.60 - for such a quality stock it seems awfully quiet on this thread!

 

[imajica]

closed the day on its high of $15 - a very bullish sign indeed - keeps pushing ever higher and is giving no sign of lettting up!

 

[Go Nuke]

I think you must the only one holding this stock mate

I'd be pretty happy too.
Perhaps its chart will go the same way Portman's (PMM) chart went last year

Probably too late to get in now anyway. You'd wait for a retracement now.

Lest thats what i think.

This thread is going to overload with this Avatar..lol

 

[imajica]

I've been looking for a retracemment for the past week and it hasn't eventuated! Although volume has been up for AQA, you would not describe it as being heavy. I believe that in the medium to long term, the big share price movements have yet to manifest themselves. This kind of reminds me of FMG when it rose from $20 to $64 in less than 8 months

 

[michael_selway]

I think you must the only one holding this stock mate

I'd be pretty happy too.
Perhaps its chart will go the same way Portman's (PMM) chart went last year

Probably too late to get in now anyway. You'd wait for a retracement now.

Lest thats what i think.

This thread is going to overload with this Avatar..lol

Do you think PMM is still a buy today?

AQA - Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS -9.6 -2.5 39.9 41.1
DPS 0.0 0.0 0.0 0.0

thx

MS

 

[grace]

Just when I thought it was taking a breather - AQA surges again to a fresh high of $14.60 - for such a quality stock it seems awfully quiet on this thread!

imajica, I've been following, but unfortunately, not buying. Just didn't think it would run so far so quickly I guess. Well done. I am so heavy on iron ore stocks that I didn't think I should. Perhaps I should have sold some of my so called "blue chips" that have been moving sideways for a year!

If we get any sort of correction, I'll be joining you.......this one looks so good and I don't have any exposure to coal, apart from BHP of course.

 

[imajica]

hits an all time high of $15.30 after some typical morning weakness - I've noticed a pattern of morning weakness followed by strong buying in the afternoon with fresh highs made almost daily!

 

[Gekko]

hits an all time high of $15.30 after some typical morning weakness - I've noticed a pattern of morning weakness followed by strong buying in the afternoon with fresh highs made almost daily!

Anyone know if AQA have shown interest in Macarthur Coal? I read that AMCI, Vale, and RIO were approached. I would think AQA would also be interested.

 

[Go Nuke]

Do you think PMM is still a buy today?

AQA - Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS -9.6 -2.5 39.9 41.1
DPS 0.0 0.0 0.0 0.0

thx

MS

Sorry Michael, to be honest the figures you have displayed mean nothing to me.

I have no idea about EPS and DPS, other than EPS means Earning Per Share and Dividend per Share.

But please feel free to educate me

 

[imajica]

I don't mean to keep banging on but AQA has finished the day again on its high of $15.50 - undoubtedly the stock of 2008 thus far

 

[michael_selway]

Sorry Michael, to be honest the figures you have displayed mean nothing to me.

I have no idea about EPS and DPS, other than EPS means Earning Per Share and Dividend per Share.

But please feel free to educate me

Hm its the return (Forward EPS/Current Price) and then you compare it so say risk free bank interest e.g. Rabbo plus 7.8% pa

http://www.ratecity.com.au/savings-accounts/highest-rates

Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS -9.6 -2.5 39.9 41.1
DPS 0.0 0.0 0.0 0.0

However if you look the the below, it appears to be alot of growth left in it, then you consider risks to these EPS (external & internal)

thx

MS

 

[Miner]

Folks

For those following iron ore in particular and coal.
AQA appears to have both iron ore and coal interest.
How it compares with PMM, FMG, ATS, SDL and RMT - if some one likes to invest one of the 6 ?

I have been advised one of my Geo friends that AQA has strong resources and strategies. Then I saw PMM is also having great people behind.
Both are at similar price around $15 where as iron ore hopeful FMG is only at $7.45.
What do you reckon and any suggestion will be appreciate.

Regards

 

[Go Nuke]

Hmmm, so basically you are saying that by 2010 EPS will be far greater than what they are today. Obviously because they are getting their projects up and running.

But I still dont understand

-9.6 for 2007 and -2.5 for 2008. What does that mean?

Does it mean that they have less money coming into the company per share than what they will have in the future?

Couldn't any company which thinks they have a good resource announce a similar claim, that they hope their EPS will increase over the coming years?

Then bringing interest rates into it. Sounds too complex for me I'm afraid.

I think charting might be easier

BMN is a great company too and will be mining by 2010...but clearly great fundamentals don't always mean i good share price.
But then again, coal is "in" and uranium is "out".

Thanks for trying to explain to me though

Hey Miner, 1 thing I can say is that AQA is slightly more liquid than PMM in my view.

PMM is very tightly held and I think i read something about AMP having a blocking stake in that company. One of the guys posted a good theory on the HLX thread which is a good read mate.

 

[michael_selway]

But I still dont understand

-9.6 for 2007 and -2.5 for 2008. What does that mean?

Does it mean that they have less money coming into the company per share than what they will have in the future?

Couldn't any company which thinks they have a good resource announce a similar claim, that they hope their EPS will increase over the coming years?

EPS = NPAT / Total Number of Shares Diluted

Negative earnings per share means they are making a loss (expense more than revenue)

Yes generally there is a future expection of increasing revenue through higher production/sales and maybe higher coal prices etc, for any stock in actual fact etc

However not all mining companies have "very good growth prosects" as they appear because as you have to take into account the risk to those forward EPS e.g. bad management may not bring those growth propects through as planned, maybe the increased costs and delays etc etc. For example, Eddie Groves and ABS, another CEO may have dont it better and ABS maybe have been $10 now etc

thx

MS

 

[Miner]

EPS = NPAT / Total Number of Shares Diluted

Negative earnings per share means they are making a loss (expense more than revenue)

Yes generally there is a future expection of increasing revenue through higher production/sales and maybe higher coal prices etc, for any stock in actual fact etc

However not all mining companies have "very good growth prosects" as they appear because as you have to take into account the risk to those forward EPS e.g. bad management may not bring those growth propects through as planned, maybe the increased costs and delays etc etc. For example, Eddie Groves and ABS, another CEO may have dont it better and ABS maybe have been $10 now etc

thx

MS

Dear MS

Well adviced and I do agree with you.

However since you were pretty right to the point I may refer the example of mining company to IRL, UXA, FMG (yet to produce so no earning), BYL (construction), CBH etc etc.

It is because ABS is not a mining company and no one in mining world could be as creative as our popular ex Mckinsey Eddie to sink a company from riches to rag !!!

Mate - I know you are very helpful to all of us so please do not take it as I am NOT trying to correct you here.


Regards

Miner

 

[Go Nuke]

EPS = NPAT / Total Number of Shares Diluted

Negative earnings per share means they are making a loss (expense more than revenue)

Yes generally there is a future expection of increasing revenue through higher production/sales and maybe higher coal prices etc, for any stock in actual fact etc

However not all mining companies have "very good growth prosects" as they appear because as you have to take into account the risk to those forward EPS e.g. bad management may not bring those growth propects through as planned, maybe the increased costs and delays etc etc. For example, Eddie Groves and ABS, another CEO may have dont it better and ABS maybe have been $10 now etc

thx

MS

I see. So basicaly the outlook for the resources the company has exposre too ie: Coal and Iron Ore and good for the future outlook therefore there is good potential for AQA to reep good gains in the future.

So really it just takes a bit of insight into what direction the world is heading in regards to the resources they will need, hence the positive outlook for the companies return.
I guess some research into the companies directors will also help if they have a good background.

So back to the origianl question, if the EPS for AQA is 39.9 for 2009 and the EPS for PMM is 184.3 for 2009 (with nothing negative for 07 & 08 because they are already shipping ore) does this make PMM a more attractive investment, considering both stocks are at $15?

If all this talk is getting a bit off topic, i'd hate to be pulled up for it, so you can just PM if you like
But I think its good for all to gain more knowledge over. Especially if you know little like me

Thanks michael

 

[imajica]

I sold out of my position today at $15.20 as I believe that it will consolidate for a while now at this price point (although in the long term it has much farther to run) - a brilliant short term run though! Will continue to look on with interest!

 

[Gekko]

I sold out of my position today at $15.20 as I believe that it will consolidate for a while now at this price point (although in the long term it has much farther to run) - a brilliant short term run though! Will continue to look on with interest!

i sold a few yesterday but still hold plenty. i trade a small portion of my holdings, but keep the bulk for LT.

 

[Gekko]

While only lighlty traded, Aquila continues to impress showing solid resolve to be clearly outperforming BHP, RIO and other near competitors today. It is a winner on monday, tuesday, wednesday and every other day of the week.

 

[Jimminy]

I sold out of my position today at $15.20 as I believe that it will consolidate for a while now at this price point (although in the long term it has much farther to run) - a brilliant short term run though! Will continue to look on with interest!

A big risk when we have the pre-feasibility report on API coming out next week. I am still in and would not suggest to anyone the need to try trade this stock.