Australian (ASX) Stock Market Forum

EVE - Eve Health Group

Re: EVE - Energy Ventures

Yeah - once again - love the management - smart and competent; and do own a huge chunk of African Energy makes EVE a pretty safe play.

That being said I want to see the rampup EVE gets before the launch of African Energy.

A solid run would make me tempted to sell and reallocate my resources to African in order to increase the focus of my investment at the yellowcake EVE is going for.
 
Re: EVE - Energy Ventures

We will see tomorrow about AFR at 2 pm:
Interestingly Goldman Sachs own around 3% of the AFR.


EVE will either be slammed or skyrocketed by AFR
Of course I hope the later one...
 
Re: EVE - Energy Ventures

Nice buildup from EVE today.

Its almost inevitable that AFR will launch at a premium - the real question is how positively this will affect EVE.

I'm hypothesising a 30-40% (conservative) premium from AFR that will translate to about 15-20% for EVE shareholders.

In that case, EVE may break 50 cents tomorrow.
 
Re: EVE - Energy Ventures

Nice buildup from EVE today.

Its almost inevitable that AFR will launch at a premium - the real question is how positively this will affect EVE.

I'm hypothesising a 30-40% (conservative) premium from AFR that will translate to about 15-20% for EVE shareholders.

In that case, EVE may break 50 cents tomorrow.

If AFR open up 30-40%, EVE will get belted.
 
Re: EVE - Energy Ventures

My prediction is EVE will be 55 cents as it has formed a Darvas box and that is the target. By the way I contacted the company and it won't list until Wednesday 11am.
Kind regards
Ang
 

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Re: EVE - Energy Ventures

hi - never thought about it that way niz and afro. But you're right - The GPN/YRR outcome should have taught me that lesson!

Still based on my feel and experience so far with EVE - I think there is room for acceleration, and the result will be known come Wednesday/.
 
Re: EVE - Energy Ventures

Some major shareholders are:

Energy Ventures Ltd (EVE) - 70.80%
WEST PERTH

National Nominees Ltd - 4.62%
MELBOURNE

Goldman Sachs Securities - 3.57%
ENGLAND

Nefco Nominees Pty Ltd - 3.34%
PERTH

Geologic Resource Fund Ltd - 1.96%
CAYMAN ISLANDS

African Lion 2 Ltd - 1.92%
MAURITIUS

RAB Special Situation Fund Ltd - 1.35%
UK

Geologic Resource Fund - 0.65%
USA

Anz Nominees Ltd - 0.28%
MELBOURNE

HSBC Custody Nominees - 0.22%
SYDNEY
 
Re: EVE - Energy Ventures

Looks like it is going to open at 80 cents and my market depth calc looks like averaging 77 cents for the morning trade. On the basis of market depth now. Could even go to $1. So at 80 cents is a 100% increase on issue price, we should see EVE lifting today once AFR opens.
Kind reg
ang
 
Re: EVE - Energy Ventures

Looks like it is going to open at 80 cents and my market depth calc looks like averaging 77 cents for the morning trade. On the basis of market depth now. Could even go to $1. So at 80 cents is a 100% increase on issue price, we should see EVE lifting today once AFR opens.
Kind reg
ang

I might buy some on the open and sell 2mrw.
 
Re: EVE - Energy Ventures

Entirely your decision, that is trading I suppose. I cant see the value in the stock above 80 cents, however the market might.
ang
 
Re: EVE - Energy Ventures

Entirely your decision, that is trading I suppose. I cant see the value in the stock above 80 cents, however the market might.
ang

To be honest i cant see value in half these stocks that are going up. Eg. AGS, MRU, even PDN.

But when they are trending up, there is money to be made. Im not going to let my own perception of value get in the way of that.

Like you said, lets let the market tell us.
 
Re: EVE - Energy Ventures

Just checked AFR asx code and look what I got :


East African Coffee Plantations Limited (AFR)
(Trading Status: PRE_OPEN)
As at 18/04/2007 11:50:54 AM
Real-Time
Last Trade 0.000 Bid 0.850 Offer 0.800
 
Re: EVE - Energy Ventures

Just checked AFR asx code and look what I got :


East African Coffee Plantations Limited (AFR)
(Trading Status: PRE_OPEN)
As at 18/04/2007 11:50:54 AM
Real-Time
Last Trade 0.000 Bid 0.850 Offer 0.800

That is right and it won't stay that for long with 199,000 buyers and only 77,000 sellers. EVE, however has just gone up 1.5 cents. I think people who are not in the AFR are starting to jump on EVE. COME ON 2PM!!!!!!!!!
reg ang
 
Re: EVE - Energy Ventures

AFR looks like opening at 90 cents with 123,000 buyers and only 40,000 sellers in the Market.
kind reg
ang
 
Re: EVE - Energy Ventures

The market cap is listed as $30m (undiluted), are investors seeing this and thinking 70% of 30 isnt too much...??
 
Re: EVE - Energy Ventures

I can't believe it also, however I think investers are wanting to see AFR firm within the 80cent to $1 mark before they buy EVE. I wouldn't be surprised that EVE closes at 45-47 cents in the auction this afternoon as currently the market depth is 604,000 buyers 466,000 sellers. This was not the case this morning. There were 1M sellers and 600,000 buyers. I am going to hang in there as I am trading this one as a depth of a darvas box and my target is still 55 cent
Kind re
Ang
 
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