Australian (ASX) Stock Market Forum

SBM - St Barbara Limited

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Re: SBM - St. Barbara Mines

kennas said:
Chicken can you post a link to Mr T's articles or post them in here please. You keep mentioning him but no one seems to have read any of his stuff from what I can gather. If anyone else has please help us out by providing some information. Thanks!

Chicken what makes you think SBM will be next in the ASX200? Interesting.
Click to expand...
Firstly...Mr Ed Eshuys said that SBM will be included in the ASX200 as per November SBM presentation... as Far as Mr Tim Treadgold....published in MAY 2005 SHARES.....page 22..headline by Mr Tim Treadgold...a Perth based business journalist who has written for brw AND shares MAGAZINE SINCE THEY WERE FOUNDED..HE STUDIED GEOLOGY IN PERTH BUT SWITCHED TO JOURNALISM IN 1969 DURING THE POSEIDON NICKEL BOOM.....Its all there in black and white....go back to when this thread started....you will be surprised where SBM is heading...ITS ALL good news..Oh the headline that article featured....GWALIAS GOLD Grabbed...and here is the juicy bit...StBarbara has acquired a potentially company-changing range of assets,including 4 operating gold processing plants, a number of mines and a 10,000 square km land bank that covers some of the most PROSPECTIVE MINERALISED STRUCTUREES in Australia,if NOT THE WORLD.....and he finished off his article by saying, If Eshuys and his team can stitch together a coherent picture of continung gold production,rationalisation of surplus assets and exploration on the very impressive land bank,then StBarbara could be a sleeper waiting for a wake up call...looks like the wakeup call is here.....All there my friend....go to the libary and read it... :2twocents
 
Re: SBM - St. Barbara Mines

So to put this in perspective:
Mr. Treadgold wrote an article in May 2005 (sp about 0.60) that this was a great success story. The sp has gone down from this in 18 months.
On 16/11/2006: "market capitilisation is approaching qualification for the S&P ASX Top 200 Index" when sp was above 0.60. The sp went down from that so it is no longer approaching qualification (although it may of course do again in the future).
 
Re: SBM - St. Barbara Mines

Deadcat said:
www.stbarbara.com.au/upfile/061116 ChairmansAddress.pdf

"market capitilisation is approaching qualification for the S&P ASX Top 200
Index"

Chairmans AGM address on 16.11.06
Click to expand...
Thanks for the link Deadcat.

I've been trying to actually find how close they are to being entered to the ASX200, but I can't even find the current list of stocks. Even on the S&P website.
 
Re: SBM - St. Barbara Mines

Dr Doom said:
kennas try this

http://www2.standardandpoors.com/po...s_asx200/2,3,2,8,0,0,0,0,0,0,0,0,0,0,0,0.html

then 'Constituent List'
Click to expand...

Unfortunately SBM have NO chance of entering the ASX 200 as market cap at 52.5 cents is around $430 million.

When PEM entered the ASX 200 on the 15th of November last, their market cap was $915 million at $4.30 a share. I'm not certain of the date that PEM's market cap was worked out on.

The position of SBM is 253 on the index of largest companies. I accept some shares have fallen badly since the position was given.

FLX have an approx. market cap of $760 million at $4.00 per share and are currently in the ASX 300.
 
Re: SBM - St. Barbara Mines

noirua said:
Unfortunately SBM have NO chance of entering the ASX 200 as market cap at 52.5 cents is around $430 million.
Click to expand...
Thanks guys for checking this out. Looks like they will have to wait a while and be in position when S&P do a reweighting. They only do that a couple of times a year don't they? So, SBM needs their market cap to increase quite considerably and the timing to be right that they get picked up. Cheers.
 
Re: SBM - St. Barbara Mines

kennas said:
Thanks guys for checking this out. Looks like they will have to wait a while and be in position when S&P do a reweighting. They only do that a couple of times a year don't they? So, SBM needs their market cap to increase quite considerably and the timing to be right that they get picked up. Cheers.
Click to expand...

Hi, only other way is for SBM to merge with another similar company and sell off stakes in present enterprises and thereby increase the market cap. FLX did this twice in merger terms and sold off stakes in assets 6 times, market cap was $10 million in 2003 and now approaching $800 million.

SBM is an excellent company, but quiet Ed has said little of late.
 
Re: SBM - St. Barbara Mines

From AGM presentation by Ed -

"Finally, acquisitions and joint ventures are also an important component of our
future strategy to achieve our objectives. A number of corporates and assets
have been assessed."

Hint, hint.......
 
Re: SBM - St. Barbara Mines

No more hints, ..........

St Barbara Acquires 10% Stake in Bendigo Mining
The Company has acquired 49.53M shares in
Bendigo Mining Limited on market at a weighted
average price of 34.8 cents per share. This has
achieved the Company’s objective of acquiring a 10%
interest.

Impeccable timing AGAIN!!!

That explains the share price weakness maybe...... people in the know, surely not insider trading?

Anyhow, should be positive long term for both companies.
 
Re: SBM - St. Barbara Mines

Dr Doom said:
From AGM presentation by Ed -

"Finally, acquisitions and joint ventures are also an important component of our
future strategy to achieve our objectives. A number of corporates and assets
have been assessed."

Hint, hint.......
Click to expand...
Funny you quoted that..LOLOL..as far as the ASX200...will come back to that...LOLOLOLOLO :2twocents
 
Re: SBM - St. Barbara Mines

SBM has dropped in price significantly over the past 1 and a half. Chicken you are the first to post when share price has gone up even if it is only half a cent. Why don't you explain to us logically the drop in sentiment for this share. You were posting last year that the share price was going to reach $1 by xmas 06.
 
Re: SBM - St. Barbara Mines

chicken said:
Funny you quoted that..LOLOL..as far as the ASX200...will come back to that...LOLOLOLOLO :2twocents
Click to expand...

I guess I must be missing the joke.
Down nearly 10c in a week and clearly, not even close to acheiving the required market capitalisation to achieve ASX 200.
Not funny at all. Especially if you are a shareholder.
 
Re: SBM - St. Barbara Mines

BraceFace said:
I guess I must be missing the joke.
Down nearly 10c in a week and clearly, not even close to acheiving the required market capitalisation to achieve ASX 200.
Not funny at all. Especially if you are a shareholder.
Click to expand...
Keep posting you might get it right one day...I am a shareholder..see what Kauri posted..and the 10c down is just brokers playing with people to trigger the stops..so the SP at present is CHEAP...and better days ahead...I hope you read the latest..as far as the ASX200...as I said I will come back to that and will post on that extensively...just let the latest news sink in a bit and you might come to the right conclusion...the pokergame has just begun...GOLD up so will SBM on monday..and the news is getting better by the day.... :2twocents
 
Re: SBM - St. Barbara Mines

I too am a shareholder of this stock and am up to date on all SBM announcements and direction. I would like to know why this stock has dropped so significantly. Chicken, you say it is because of brokers manipulating the stock. If this is so, how many brokers do you personally know of that are doing this at the moment? It would have to be a lot trading a hell of a lot of shares to drop 10c. Do you think that some of the shareholders have actually lost a little patience with this company? Do you think that some traders do not think it is performing so are pulling out? On a SHORT TERM basis, this is seeming to be a bit of a dud so perhaps shareholders are selling and it is not all down to crafty brokers.
 
Re: SBM - St. Barbara Mines

Deadcat said:
I too am a shareholder of this stock and am up to date on all SBM announcements and direction. I would like to know why this stock has dropped so significantly. Chicken, you say it is because of brokers manipulating the stock. If this is so, how many brokers do you personally know of that are doing this at the moment? It would have to be a lot trading a hell of a lot of shares to drop 10c. Do you think that some of the shareholders have actually lost a little patience with this company? Do you think that some traders do not think it is performing so are pulling out? On a SHORT TERM basis, this is seeming to be a bit of a dud so perhaps shareholders are selling and it is not all down to crafty brokers.
Click to expand...

Chicken, aka dwecke200, posted over at hc that SBM would never consider BDG yet the same day they appear with 10%. This stock is very sus. They have a buy back in place yet at .60 cents had a placement? Why? Their hedging is bizarre to say the least.
I'de be very carefull because inclusion into asx200 doesn't really mean anything. Take a look at CUE it was included in the asx200 for a while but look where it is now.
As for the so called nickle side of things, chicken has been harping on about this for months.
Just my opinion though.
 
Re: SBM - St. Barbara Mines

Flying Fish said:
Chicken, aka dwecke200, posted over at hc that SBM would never consider BDG yet the same day they appear with 10%. This stock is very sus. They have a buy back in place yet at .60 cents had a placement? Why? Their hedging is bizarre to say the least.
I'de be very carefull because inclusion into asx200 doesn't really mean anything. Take a look at CUE it was included in the asx200 for a while but look where it is now.
As for the so called nickle side of things, chicken has been harping on about this for months.
Just my opinion though.
Click to expand...
LOLOLOLOLOLO..I love these downrampers....next week will prove what I say..GOLD up SBM up...thats the song being played here.....LOLOLOLO :2twocents
 

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