PDN - Paladin Energy

[tothemax6]

Re: PDN - Paladin Resources

Wow, how low can it go? 50c?

 

[Sean K]

Re: PDN - Paladin Resources

Wow, how low can it go? 50c?

They are effectively bankrupt right now.

Huge losses and the only way they can pay debts and develop is to go to the market at a discount. Their finance facilities are just putting them deeper and deeper in debt that they will not be able to pay back on the current trend.

They have totally relied on a positive outlook for the U industry in a positive market environment and they do not have it. Maybe for another 5-10 years.

Could end up in moth balls.

 

[FA3TS]

Re: PDN - Paladin Resources

If that is correct why has today seen an 11% rise at this moment and a volume of near 8million. As a newcomer I am not sure what the share release announcment means

 

[albaloushi]

Re: PDN - Paladin Resources

Negative cash flows, poor operating performance, and low uranium prices are making investors cautious about PDN. The managment needs to show investors that they can deliver against thier promises and the recent shut down for KL won't help the Sept. Quarter numberd, so we should expect anegative cash flow and again more negative sentiment.

Short term cataysts for PDN are: divesting non-core assets, higher uranium prices, and being a takover target!! BUT why NO ONE from major players is NOT interseted in PDN yet?

 

[Starcraftmazter]

Re: PDN - Paladin Resources

Short term cataysts for PDN are: divesting non-core assets, higher uranium prices, and being a takover target!! BUT why NO ONE from major players is NOT interseted in PDN yet?

I would imagine a company like PDN would be taken over if it specifically was undervalued, however at the present time the entire sector is under substantial pressure, so I do not see any motivation for anyone to buy a Uranium company.

 

[albaloushi]

Re: PDN - Paladin Resources

I would imagine a company like PDN would be taken over if it specifically was undervalued, however at the present time the entire sector is under substantial pressure, so I do not see any motivation for anyone to buy a Uranium company.

I do agree that the Uranium industry is under pressure for the short and medium term, but taking a view for longer term, it is very hard to replace the power coming from nuclear reactors with any other source. Most of the purposed planned, and under construction reactors are in countries that show commitment to proceed with these projectors such as China and India. Other countries like EU are just making noise for political reasons and maybe some safety reviews, but at the end these reactor will be in functioning!!

 

[Starcraftmazter]

Re: PDN - Paladin Resources

I do agree that the Uranium industry is under pressure for the short and medium term, but taking a view for longer term, it is very hard to replace the power coming from nuclear reactors with any other source. Most of the purposed planned, and under construction reactors are in countries that show commitment to proceed with these projectors such as China and India. Other countries like EU are just making noise for political reasons and maybe some safety reviews, but at the end these reactor will be in functioning!!

Sure, and I agree with that, but I was addressing the point that I doubt PDN will be bought out anytime soon, as U miners simply don't have the cash flow at the moment to justify such a purchase.

 

[explod]

Re: PDN - Paladin Resources

Could be time to flick the dust off Paladin with a change in sentiment from Julia.

It will be remembered that this was touching $10.50 back in the Liberal Regime, then dropped to about $5, but the disaster in Japan took the floor out to as low as $1.25.

The action yesterday saw it approach a breakout with the down trend line (from March) breaking to the upside, and stronger today, so think it is well worth a punt for me.

 

[noirua]

Re: PDN - Paladin Resources

Could be time to flick the dust off Paladin with a change in sentiment from Julia.

It will be remembered that this was touching $10.50 back in the Liberal Regime, then dropped to about $5, but the disaster in Japan took the floor out to as low as $1.25.

The action yesterday saw it approach a breakout with the down trend line (from March) breaking to the upside, and stronger today, so think it is well worth a punt for me.

Absolutely agree as this sector is truly bombed out. Quite a few stocks have reacted today including Deep Yellow DYL. That doesn't mean, I think, that it's back to the $100+ per pound for uranium, just a big jump back to fair ratings.

 

[Gringotts Bank]

Re: PDN - Paladin Resources

Me 3. Been a shorter's paradise for a long time. Big upside as a longer term investment.

I don't hold any.

 

[poverty]

Re: PDN - Paladin Resources

After the last few days going to be more than a few shorters starting to panic, short-covering could send the price up fast.

 

[noirua]

Re: PDN - Paladin Resources

After the last few days going to be more than a few shorters starting to panic, short-covering could send the price up fast.

Stock has been mentioned in London after comments about the 28% rise in Deep Yellow DYL. PM Julia Gillard is leading the way to re-generate the uranium sector.

 

[notting]

Re: PDN - Paladin Resources

It's always been silly that we sell uranium to China and not India. India is a genuine democracy as far as democracies seem to be traveling in this world.
China is an unscrupulous, dictating, unbridled monster!

India is potentially a useful allied buffer between us and China.
China would invade us in a heartbeat as soon as they felt they could get away with it. Our farms, space for people and material wealth is perfect for them.

It's interesting that US is increasing forces in the NT. Media is reporting Chinese spying on our war ships and military bases through satellites we gave them access to!! And we have suddenly done an about face on uranium sales to India.

However we need to concentrate more on the invasion that is already occurring. If we allow their so-called immigrants into our political system they will eat us out like white ants. They love that tactic, it's the cheapest.

One Chinese pawn got through our system and managed to be Melbourne’s longest serving lord mayor. He was a lovely smiley, chuckling gregarious looking man who everyone seemed to love, then the truth came to light and he quietly resigned and slipped out of site:

"EMBATTLED Lord Mayor John So has handed out a fortune in ratepayer-funded grants to Melbourne's Chinese community.

In one year, Chinese groups - the backbone of the Melbourne mayor's political support - received $330,000.

All of the city's other ethnic groups combined received less than half the amount allotted to the Chinese community.

Cr So, a former city restaurateur, oversaw a $30,000 grant by Melbourne Council to the Chinese Restaurateurs Association of Victoria.

Hundreds of thousands of dollars more bankrolled Chinese federations, Chinese opera, dragon boat races and trips to China.

Cr So's Chinese affiliations have been described by critics as vote-buying and nepotism.

Italian Australian Institute spokesman Gerardo Papalia said the whole Italian community receiving less in grants than a handful of Chinese restaurateurs was not just.

Start of sidebar. Skip to end of sidebar.

End of sidebar. Return to start of sidebar.

"That's going in the wrong direction. It's important that all cultures are looked at and not have Melbourne characterised by one ethnic community against all the rest," he said.

Australian Greek Welfare Society executive Voula Messimeri-Kianidis said the council had a responsibility to be equitable in its grants.

Cr So said there was a rigorous process for assessing grant applications." - Typical slogan line of a communist Chinaman that sounds good but has nothing real backing it!!
Heral Sund

"It is not the first time the Lord Mayor has been accused of dabbling in Chinese politics.

In 2003, the council banned the Falun Gong group from taking part in the Moomba parade because they were "too political''.

The Lord Mayor was reportedly under pressure from the Chinese business community to exclude the group, which has been banned in China since 1999. The group claims 500 practitioners have been killed for their beliefs.

The council was later ordered by the state appeals tribunal to apologise to group and apologise in Chinese newspapers.

In 2002, Cr So said a decision not to offer the Dalai Lama a city reception had "nothing to do with his Chinese origin".
-the age

it’s not so much patriotism to 'Ausi multi culture' that is of concern, it's the appalling and massive human rights threat that comes with inbred sociopathic China when they get power. China is the world champion of enslaving, torturing, silencing and propagandising.

 

[noirua]

Re: PDN - Paladin Resources

notting, there are also so many things wrong with India where businesses enslave children and sometimes as young as five. I remember one young man [name escapes me, sorry] who was kept small by being underfed and made superhuman efforts to publicise the terrors of business in India -- the result, he wsa murdered.

So fair enough, publicise much that is wrong in China but I could write pages on human rights violations in India.

 

[mr. jeff]

Re: PDN - Paladin Resources

It's always been silly that we sell uranium to China and not India. India is a genuine democracy as far as democracies seem to be traveling in this world.
China is an unscrupulous, dictating, unbridled monster! ...

China would invade us in a heartbeat as soon as they felt they could get away with it...

However we need to concentrate more on the invasion that is already occurring. If we allow their so-called immigrants into our political system they will eat us out like white ants. They love that tactic, it's the cheapest.

One Chinese pawn got through our system...


it’s not so much patriotism to 'Ausi multi culture' that is of concern, it's the appalling and massive human rights threat that comes with inbred sociopathic China when they get power. China is the world champion of enslaving, torturing, silencing and propagandising.

You may say you're dislexic but you should probably change your tag to "forgive me, I'm dislexic and xenohphobic !

Your post was just too funny to resist!

This is a thread for PDN, not for encouraging people to put stickers on their utes.

In regards to PDN, looks like this timing could be perfect for a sustained recovery from their lows, will be interesting to see what comes of it. Might be some takeover potential here and as others have pointed out, there has been a lot of shorting here recently so the turnaround could be quite sudden.

 

[albaloushi]

Re: PDN - Paladin Resources

Next rebalance for MSCI will happen by the close of 30th November and PDN will be deleted with estimated flows of -26m shares worth -$44m !! We might see some selling before that date.

 

[explod]

Re: PDN - Paladin Resources

Next rebalance for MSCI will happen by the close of 30th November and PDN will be deleted with estimated flows of -26m shares worth -$44m !! We might see some selling before that date.

In and out with a small profit, looked like a lack of further interest today.

But it is one to watch in its currrent form, but perhaps we have a long way to go to get the pits here in Aus really going again.

 

[Chalea]

Re: PDN - Paladin Resources

Symmetrical triangle breakdown
Target = 80c

 

[notting]

Re: PDN - Paladin Resources

Hey Chalea if your that keen why not.
Go for a swing lower short!
Stop loss at 1.855 todays high.
Move stop to 1.6 when it hits 1.55.
win win, moral and financial for you.
But I know nothen. Infact, I'm just a virus crawlen around earthland.

 

[mr. jeff]

Re: PDN - Paladin Resources

All hypothetical levels drawn in, but so far so good for PDN's return to favour.
Hopefully a bid comes in soon, or at least some interest, which will keep the run alive. Strong action lately, very encouraging.