I was going to buy these when at 108p few months ago but never had the courage. They reached new heights of about 134p recently but have slipped to around 113p at present.

They have a massive yield of 10%.

Does anyone have any views about buying into these.

I would be content to just have 10 or 20 per cent increase over the next year on thse if i got my 10 % divi.

Thanks

Much speculation on a takeover again..I wonder if it will come of anything this time - Maybe news with interims this week?

Very good news for UK Coal - this is a BUY

The Mail on Sunday reported that UK Coal's property director Jon Lloyd is expected to tell analysts that its 50,000-acre property portfolio, which it has on its books at 274 mln stg, could be worth double that.

Meanwhile, the Independent of Sunday reported that UK Coal is to tell the City on Monday that it is sitting on a gold mine, with development hopes boosting the land value to 500 mln stg.

UK Coal is tipped to double from now by my sharebroker.

Good news again...BUY at 407p



UK Coal PLC
16 November 2006



16 November 2006



UK COAL plc ('UK COAL' or the 'Company')



Placing to raise 30 million

The Board of UK COAL announces that Bridgewell Limited has, on behalf of the
Company, completed a placing (the 'Placing') of 7.4 million new ordinary shares
of 1 pence each (the 'Placing Shares') at 406 pence per share to raise gross
proceeds of approximately 30 million. The placing price represents a premium of
approximately 2% to the closing mid-market price on 15 November.

The Placing has been undertaken in order to strengthen the Company's balance
sheet and increase financial flexibility which had become somewhat constrained
following reduced coal production during the summer. The proceeds of the Placing
will initially be used to reduce the Company's net debt.

The Placing Shares will, when issued and fully paid, rank pari passu in all
respects with the existing issued ordinary shares of the Company.

The Placing is conditional upon, inter alia, admission of the Placing Shares to
listing on the Official List of the UK Listing Authority and to trading on the
London Stock Exchange's market for listed securities (together 'Admission').

Interesting to see the strength in UK Coal shares following weakness after the recent share placing. The Company seems to be gathering further market interest.

Fidelity stake now 8.97% reported late November prior to todays update on property development. Although held my shares for 3 years, I think this one will go on to higher levels.

Beginning to twitch, set to move up to an 800 million market cap.

Sweaty bum time for shorters.

Fidelity have reported to have sold its stake. They made a nice turn. The situation seems to be moving along with Peel increasing stake to 24.49%.

Large discounted trade went through at 11.17am re 249,845shares at 523p.

Have sold 50% of my holding at 568p and keeping the remainder for now. I delayed sale for tax purposes. I notice that Peel has said that it will not make a full takeover unless another party did so or that it could get the Boards approval one. I think the latter may occur at some stage but, we shall see.

UK Coal PLC
23 April 2007

23 April 2007

UK COAL PLC ('UK COAL')


Annual General Meeting Statement



At its Annual General Meeting, held at 1.00pm today, the Chairman of UK COAL,
David Jones, made the following comments on first quarter trading:


'Overall performance has been in line with expectations, excluding the effects
of the production stoppage at Daw Mill, which has already been reported on. Daw
Mill is now also performing normally following an extensive safety review.


Our surface mining business continues to make rapid progress, and three new
planning permissions have been received for sites containing some 1.4 million
tonnes of coal.


UK COAL's Property Division, Harworth Estates, continues to progress well in
adding value through the planning process and developing the Group's property
portfolio.


The detailed review of our property estate continues, and we are likely to be
adding additional projects onto the list of 60 priority sites identified last
November. This will then form our medium to long-term development portfolio,
providing a consistent pipeline of good quality sites moving through the
planning consent and development phases.


Harworth Power, UK COAL's power generation subsidiary has installed 15 MW of new
generation capacity and has progressed several planning applications in respect
of wind turbines in the quarter.



Overall the Group remains well placed to deliver further value for shareholders
and will continue to focus on realising the significant potential within its
property portfolio, developing its surface mining business, reducing the risk
profile of its deep mining operations and capitalising on opportunities in power
generation.'


Guscavalier comment- outlook seems ok. Like the statament about adding additional projects to property portfolio.

UK Coal PLC
05 September 2007


September 5th 2007


UK COAL PLC ('UK COAL')

Financial Results for the six months ended 30 June 2007

Strong growth. Strong outlook

FINANCIAL HIGHLIGHTS

Operating Profit up 108% to 45.1 million (H1 2006 restated: 21.7
million)
Pre-tax profit up 143% to 40.6 million (H1 2006 restated: 16.7 million)
Net assets per share up 32% to 2.06 (December 2006: 1.56)
Strong growth in value of land and property portfolio
- RICS valuation up 16% to 398 million (December 2006: 344 million)
- Estimate of worth in 2012 up 12% to 900 million (December 2006: 800
million)
Gearing reduced to 19% (December 2006: 21%)
Earnings per share 34.2 pence (H1 2006: 11.2 pence)


Commenting, David Jones, Chairman said:

'These good results demonstrate the considerable progress UK COAL has made in
the first half of the year. We have significantly increased the value of our
property business, strengthened the operating performance and prospects of our
mining businesses, more than doubled pre-tax profits and significantly grown the
value of net assets per share.

'In mining, since June, our deep mines have been generating operating profit. In
parallel, production and profit from our surface mines have grown considerably.
We have also made considerable progress both in reducing the proportion of our
total output that is contracted for sale at historic prices and in negotiating
new contracts at today's much higher world market prices. There will always be
risks in mining; but these are very positive developments. In property, we
continue to identify new opportunities and to make very good progress in
securing the appropriate planning consents and progressively executing our
development strategy. These actions have resulted in significant increases in
both the RICS property valuation and in our estimate of the future value of our
property portfolio.

'We view UK COAL's future with considerable confidence and look forward to
delivering further good growth in shareholder value for the full year and
beyond.'


Guscavalier comment: This is only the introduction to the figures but gives the gist.Good to hear that the deep mines are now profitable and the Company is gradually taking advantage of higher coal prices. sp around 560p has recovered well having been below 500p recently.

UK Coal wins new EDF contract
Date: Monday 10 Dec 2007

UK Coal has won a contract with EDF that will enable the miner to commit to a 55m investment programme at Thoresby, to access a further 12m tonnes of reserves and extend the collierys live by around 10 years.

UK COAL PLC ('UK COAL')



Preliminary Financial Results for Year Ended 31 December 2007



Strong operating performance. Strong growth in profits. Strong outlook



Highlights



Operating profit up 200% to 82.7m (2006: 27.6m )

Profit before tax up 292% to 69.0m (2006: 17.6m)

EPS up 412% to 59.9p (2006: 11.7p). Excluding tax credit, EPS up 276%
to 44.0p (2006: 11.7p).

Net assets per share up 46% to 2.28 (2006: 1.56)

Average sales price per gigajoule up 15% to 1.62 (2006: 1.41)

Deep mines in operating profit in the second half of 2007

o H1 operating loss before non-trading exceptional items of 24.7m

o H2 operating profit before non-trading exceptional costs 10.1m

Major jump in surface mines' operating profit due to increased sites,
output and selling prices

o Operating profit 8.5m (2006: 0.5m)

Power generation operating profit up 39% to 4.3m (2006: 3.1m)

Further gains in property portfolio valuation reflecting long term
potential

o Like for like RICS portfolio valuation up 21% to 411m (2006: 344m)

o Estimate of Project Worth in 2012 up 17% to 935m (2006: 800m)

o Estimate of Project Worth in 2013 1 bn

o Planned developable acreage increased 40% to 3,696 acres

Year end gearing reduced to 23% (2006: 28%) reflecting substantial
growth in net earnings


David Jones, Chairman, said

'UK COAL has delivered another year of substantial progress in all our
businesses. Pre-tax profits grew almost fourfold to 69 million; earnings per
share increased 412% to 59.9 pence; and assets per share increased 46% to 228
pence. We have shown we have a strong growth platform, that we are effectively
executing our strategy and that we have the potential to deliver further
substantial value this year and beyond.

'In mining, last year, the world coal price has almost doubled, we have
successfully moved our overall sales prices closer to the market price and we
are progressively securing a balance of contracts at floating, capped and
collared, and fixed prices. This is significantly altering the underlying
economics of our mining operations and enabling us to invest in accessing more
reserves in both our deep and surface mines. There will always be
unpredictabilities, particularly in deep mining; but the demand and price
environment for coal has improved notably and has created a more positive
backcloth than at any time in UK Coal's corporate life.

'In Harworth Estates, we have also delivered further good progress in both the
current value of our portfolio and in its substantially greater estimated future
value with the benefit of the planning permissions we are currently pursuing.
There has been much publicity about downward pressure on UK commercial property
values. However, the longer term outlook for property in the UK, with its
structural shortage of land for development, remains positive; the construction
phase of our developments only starts to become significant in 2009 onwards and
none of our estimates of future Worth include any potential for development
phase profits.

'With a positive outlook for all our businesses, we face the current financial
year with considerable confidence.'




Company's prospects looking good now that it is able to benefit from firm worldwide coal prices. May even reflect in dividends payments at some time.
sp up 3p @ 457p.

For information as per 2007 Report & Accounts re sub. shareholdings.

Peel Land & Property Inv 24.41%
Artemis Inv Man 5.45
Ameriprise Financial Inc 4.89
Deutsche Bank AG 4.09
Legal & General(Pen.Man) 4.07
Credit Suisse Secs(Eur.) 4.04
Allianz 4.01
Audley Eur.Opportunities 3.37

This looks like a bid situation looming - but no real news - benefit from high coal prices have helped but there is more to it than that imho!

It is felt in some quarters that Drax Group plc may be looking to take over UKC. Drax would then be able to source its coal internally father than pay the soaring market price for coal. Peel have said in the past that it wouldn't make a bid itself for UKC but reserved the right to do so if another party showed interest. May see this situation warm up a bit over coming months.

Yes I think this particular run is press speculation.
Monday could be a good test.

Interesting one to keep an eye on though!!

The support at 420p has been broken now.


UK Coal slumps to H1 pre-tax loss.


The UK's biggest coal miner UK Coal slumped to a pretax loss in the first half, but said it remained on target to meet its profit expectations for the full year.

UK Coal, which has mining operations in Britain and a property portfolio, said the non-cash property valuation gains of last year were significantly reduced as a result of the current property downturn.

The company reported a pretax loss of 9.9m for the six months to June 30th, compared with a pretax profit of 40.6m a year ago.

Numis Securities said the pretax loss, resulting from the company's deep mining operations, would be reversed in the second half.

The sharp increase in the price of coal, up 45% from the start of the year to July, is set to boost cash flows for the company, which supplies around 15% of the coal burned in the UK.

UK Coal said it would produce 5 million tonnes of coal in the second half, compared with 3.7 million in the first half.