Asia energy has been flying high recently,does any one think with the change of advisor,this will rocket.

I still feel this will rise pth' like you say we need some volume and its been a bit quiet today..JB..

Rumours of a takeover by Tata on ADVFN and Michael Walters BB's

gavinwood , why the drop in the sp this morning ??any thoughts..

Poor show on the Dow, generally markets flat, but no real reason.

I see that the buy volumes for the last two days has been less than 100K but the sells have been 500K +. I would have expected this share to hold if not rise with the increase in the size of coal field ? Is this share heading south for a while until some further news ?. If there is some news what might it be ?

Anyone with any thoughts ? Have we reached the bottom ? Still holding but it's getting a bit of a worry !

Looks like this may be the turn around.

unfortunately, got stopped out for a loss on this one. Hard to believe that after a report that the field is 41% bigger than originally thought, the SP tanks 100pts! Feel a little bruised, particularly as I was sitting on a nice tidy profit when the news came out. Hopefully, this does indeed mark the turn around.

pth

Pt, i also got stopped out,,knowing how volatile this one can be , but may go back in at some point.

Nearly sold myself yesterday despite complete faith in these long term, the drift on the price was a worry, but I have learned that the moment I sell is probably the best buy signal in there is!! I think it may be market maker games, dropping the price to scare people into selling in order to get stock for a large order - expect another institutional buy announced any day soon - but hopefully these will spring back sharply now.

Thanks gavin , let me know when you sell anything in future, and ill do the same for you, it happens to me too..Cheers JB..

Anyone still holding this share?

buy

Got to agree Tanker - I'm still in these - its a long term share and at this price I think they are a screaming buy - the RSI is well below 20 and last time it dipped that low the shares rose 58% in no time. If I had any spare cash I'd get some more.

you do no that there will be a bid .

I've heard rumours of Tata for ages, but no more than rumours

one of those stocks with ENOURMOUS potetial bust cashflow a bit of a way off...i would add on weakness here but is a 2-3 year hold...

rgds
PT

Take a look at EKA Eureka mining thread. If I am right and if market conditions hold it could make Asia Energy's gains look small

AEN could be finding a base

Some recent put back in start times for the mine will dent NPV calculations quite a bit but still ovr 100% above current share price using 10% disc rate

Managed to get some institutes to pay 450p a share last week for more stock

Also note they do pay CBM $1/tonne royalty. By the way calculated on 570m tonne mine, using 15m tonnes mined a year and a disc rate of 10% this royalty is worth to CBM more than its current market cap !!!! CBM is trading at a disc of c20% to its listed assets. It has unlisted assets and the royalty too !!

Talking my own book as usual

A sad day, A big drop !! what Happens next ?