CDU - Cudeco Limited

[havingfun]

I'll ask again nicely............. Any tech/analysis guys/gals out there. (not my strong suit) Anyone prepared to actually put a figure on what "the facts" tell us that CDU sp is worth, or is everyone just hoping that all the hype is real??? ..........is anyone game to put their reputation on the line?? I admit to knowing very little about valuing a spec stock, but if copperco for example (CUO) (not CDU) is running at around 44 cents, that makes CDU worth 8 to 9 times more.....Does that seem reasonable???????? Please, somebody educate me!!! What am I missing??

Not sure what you really want,sounds like you want someone to blame in case you go on again and it drops.You can never be sure of the info you get on here or any forum,or who they are or profess to be.The warranty your looking for comes with a car not stocks.Suggest you search internet for past reviews,news articles, announcements.Mining news is good one to subscribe to. Or if you want to be sure employ your own mining analyist to do you a report on what is available.Otherwise put your money on again and hold your balls

 

[barney]

Hey Havingfun, No need to get defensive. Maybe my message conveyed the wrong vibe. Definitely not looking to blame anyone for anything!!. Fair enough I lost a lot on CDU, but that is what you get when you tread into territory you know nothing about...... I stuffed up, but I'm big enough and ugly enough (my wife says I'm not that ugly) to take it right on the beak. So if my message sounded like I was looking for a scapegoat I apologise to all. I hope you and everyone else holding CDU makes a motza. My question was meant to be sincere.........
I really would like to know how to better value the spec stocks be it CDU or any other. And the reason I asked in this forum because I have seen people attempt to value other Co's relative to their resources before. I appreciate the comments of all on this forum I am learning a lot. As I said in an earlier post...If I had found this site a few months ago I would be financially a lot better off........so Cheers to all and I'll make sure future posts dont seem like I have a chip on my shoulder which I certainly dont!!! Onward McDuff.

 

[feeding_the_fire]

Barney,

To put it simply, the SP should reflect the discounted future cash flows of the company - ie: what the company will earn in the future in terms of the value of money today.

The market will try to factor this into the share price, but at the moment it's difficult since people don't exactly know what the future cash flows will be. The way the SP of CDU is going up means that the market is inclined to believe that future cash flows will be very large… ie: that the upcoming announcement will reveal a huge find, and thus underpin future cash flows for the company.

However, no one knows for certain what the announcement will be, so up until the announcement it's all purely speculation driving up the price. There's no way to truly value the SP until we have an announcement: the SP you see now is merely the market trying to guess the magnitude of the copper strike and what it will be worth to CDU.

Once the announcement comes out, it will be possible to value the SP realistically, and the market will adjust accordingly.

Also, it isn't valid to say "CDU's share price is $3.00 and CUO's is $0.50, therefore CDU is worth (overalll) 6 times more. Look at BHP and Rio… Rio's share price is 3 times larger than BHP - it doesn't mean BHP is smaller than Rio! Same with Telstra and CDU.. Do you serioulsy think Telstra and CDU are similarly valued companies? You need to take into account the total number of shares on offer and work out a Market Cap from that in order to compare sizes of companies.

 

[havingfun]

Hey Havingfun, No need to get defensive. Maybe my message conveyed the wrong vibe. Definitely not looking to blame anyone for anything!!. Fair enough I lost a lot on CDU, but that is what you get when you tread into territory you know nothing about...... I stuffed up, but I'm big enough and ugly enough (my wife says I'm not that ugly) to take it right on the beak. So if my message sounded like I was looking for a scapegoat I apologise to all. I hope you and everyone else holding CDU makes a motza. My question was meant to be sincere.........
I really would like to know how to better value the spec stocks be it CDU or any other. And the reason I asked in this forum because I have seen people attempt to value other Co's relative to their resources before. I appreciate the comments of all on this forum I am learning a lot. As I said in an earlier post...If I had found this site a few months ago I would be financially a lot better off........so Cheers to all and I'll make sure future posts dont seem like I have a chip on my shoulder which I certainly dont!!! Onward McDuff.

Wasnt trying to be defensive, it was actually a little tongue in cheek...except the bit about hold your balls... anything that goes from 4.95 to 3.60 in a day requires faith,hope and a tight grip...Peoples valuation on all co. can vary widely..although the more you read here i think you'll be able to see those that simply ramp...

 

[barney]

Once the announcement comes out, it will be possible to value the SP realistically, and the market will adjust accordingly.

Thanks F the Fire, I appreciate your comments. I understand it is all v speculative. Is there any way of estimating what kind of revenue 60 million tonnes of copper could/will generate (assuming a reasonable % of Cu) Of course they may find another 100 million tonnes yet. Hopefully for all you holders they do. Also any concept of how long before any mining will take place? The bigger the resource I guess the likely hood of a takeover proposition as well? Cheers.

 

[barney]

Wasnt trying to be defensive, it was actually a little tongue in cheek...except the bit about hold your balls... anything that goes from 4.95 to 3.60 in a day requires faith,hope and a tight grip...Peoples valuation on all co. can vary widely..although the more you read here i think you'll be able to see those that simply ramp...

Yeah Cheers H/Fun. Actually when CDU got caught in the trading halt/suspension thing a few weeks ago my balls were so far stretched that my arms would have had to been 12 foot long just to get a grip. Wish I'd been able to hang on but I got spooked with the massive sp drop. Such is life.........at least my wife didnt divorce me..........almost grounds for it !!

 

[feeding_the_fire]

Not really my area of expertise, valuing copper finds, but I'm sure someone on here knows how!

I would imagine once (if) the find is confirmed, you'd be looking at a year or least before anything happens regarding mining the stuff… I don't think that's really what's important though: getting it out isn't really the problem, it's finding the stuff in the first place!

Yes.. Things like takeovers do complicate matters somewhat, but in general will only be good for the SP.

Sorry Barney.. Did you say you still held this? (Or thinking of?)

 

[havingfun]

Yeah Cheers H/Fun. Actually when CDU got caught in the trading halt/suspension thing a few weeks ago my balls were so far stretched that my arms would have had to been 12 foot long just to get a grip. Wish I'd been able to hang on but I got spooked with the massive sp drop. Such is life.........at least my wife didnt divorce me..........almost grounds for it !!

There is a guy on here 'ARCHINOS' works as a geologist, knows his ****,if you read anything of his its coming from a sound knowledge of the industry....

 

[barney]

Not really my area of expertise, valuing copper finds, but I'm sure someone on here knows how!

I would imagine once (if) the find is confirmed, you'd be looking at a year or least before anything happens regarding mining the stuff… I don't think that's really what's important though: getting it out isn't really the problem, it's finding the stuff in the first place!

Yes.. Things like takeovers do complicate matters somewhat, but in general will only be good for the SP.

Sorry Barney.. Did you say you still held this? (Or thinking of?)

Held quite a lot just before the dreaded trading halt. Unfortunately I believed the news report about the share getting to $25 so I thought it was a "safe" bet (I was very green and bought towards the top of the market) I held on for a couple of days after the plunge hoping for a rebound. I could see myself losing everything so I bailed out at around $2.40. I wont tell you how much I lost but I' reckon I'd be in the running for the "biggest loser" I know everybody out there who are experienced at trading will call me a fool (if the shoe fits I have to wear it) but my intentions were good. Trying to make some extra cash to put my daughter thru Uni.....Bummer! Anyway not trying to give my life story...........I have found this site/forum helpful and will continue to "educate" myself before making any more undisciplined decisions.
Anyway Cheers to all.

 

[barney]

There is a guy on here 'ARCHINOS' works as a geologist, knows his ****,if you read anything of his its coming from a sound knowledge of the industry....

Thanks, Will look him up.

 

[feeding_the_fire]

Sorry to hear that Barney.. you picked a volatile one to start off with!

We all have stories like yours (GPE anyone? lol), and I guess all we can do is learn and figure out where we went wrong when we lost money.

Good luck!

 

[havingfun]

Held quite a lot just before the dreaded trading halt. Unfortunately I believed the news report about the share getting to $25 so I thought it was a "safe" bet (I was very green and bought towards the top of the market) I held on for a couple of days after the plunge hoping for a rebound. I could see myself losing everything so I bailed out at around $2.40. I wont tell you how much I lost but I' reckon I'd be in the running for the "biggest loser" I know everybody out there who are experienced at trading will call me a fool (if the shoe fits I have to wear it) but my intentions were good. Trying to make some extra cash to put my daughter thru Uni.....Bummer! Anyway not trying to give my life story...........I have found this site/forum helpful and will continue to "educate" myself before making any more undisciplined decisions.
Anyway Cheers to all.

Barney , dont u worry mate most on hear have their own horror stories,look listen ,follow ur own rules.

 

[NettAssets]

Hi Barney

I really think you are trying to value an unknown.

There is no way to value these stocks fundamentally and no way to tackle it technically that will give more than a rough indication of which way it could go.

Trading in stocks like this is simply gambling - you know now that there would have been the same chance if you had taken the tution fees to the casino and wacked them all on black or red for one spin.
You ended up on 0 and at least got some back.

If the Market knew what CDU was worth it wouldn't be 6% different today than yesterday.

IGO and Freeballing seem to trade this sort of market OK so lets see if they can come back with some comments on this - I think the only way to trade this is to have your stake spread over a few that are volatile and get in and out in little bites.

Regards
John

 

[Freeballinginawetsuit]

Hi Barney

I really think you are trying to value an unknown.

There is no way to value these stocks fundamentally and no way to tackle it technically that will give more than a rough indication of which way it could go.

Trading in stocks like this is simply gambling - you know now that there would have been the same chance if you had taken the tution fees to the casino and wacked them all on black or red for one spin.
You ended up on 0 and at least got some back.

If the Market knew what CDU was worth it wouldn't be 6% different today than yesterday.

IGO and Freeballing seem to trade this sort of market OK so lets see if they can come back with some comments on this - I think the only way to trade this is to have your stake spread over a few that are volatile and get in and out in little bites.

Regards
John

Sold out of them today.
The point with CDU is that you can make 100% on them SHORT, in months.
If you stay LONG you could quite easily make nothing.
Take the profits while they are their, CDU is still a Specky.

 

[barney]

Thanks for all for replies. Its a steep learning curve, and I've got a lot of catching up to do. I have learnt 4 X more in the last month than I had in the previous 12 months.( Lots of that from reading this forum) At least now I dont go in blind. Who knows, in 10 years from now I might be able to say that losing a lot of money was the best lesson I could have had.............Man but what an expensive lesson .........school was never this hard!! At least my wife has forgiven me.............what a woman..........now I must go away and conjur up a cunning plan to get my money back. Thanks Guys.

 

[havingfun]

Thanks for all for replies. Its a steep learning curve, and I've got a lot of catching up to do. I have learnt 4 X more in the last month than I had in the previous 12 months.( Lots of that from reading this forum) At least now I dont go in blind. Who knows, in 10 years from now I might be able to say that losing a lot of money was the best lesson I could have had.............Man but what an expensive lesson .........school was never this hard!! At least my wife has forgiven me.............what a woman..........now I must go away and conjur up a cunning plan to get my money back. Thanks Guys.

Check your private messages

 

[NettAssets]

Just catch a look at the headline of PTR's current ann.

It shows how hard it is for company directors to phrase an ann. and not create mayhem.
If WMc wrote a headline like that CDU would break the sound barrier- PTRs move 1c to .30

 

[pharaoh]

what a strange and intriging idea for energy, just read the ann
interesting

 

[Archinos]

Sorry if it's the wrong place for this but while the interest is here...
Would a quick go over PTR & the likes (GRK) be welcome (under PTR)?
I've been following these developments for a while (geology aspect) & might be able to flesh out some of that a bit more- what eludes me is the economics & SP potential. Got to go for a meeting so later....

 

[pharaoh]

Quiet few days for CDU, but steady share price which is great