x 0

My thought or observation here is that some of the forumers just ' jump-in' and ask questions or clarifications and expect and an answer from here.

My guess is that some of them did not do their own reasearch or are not following the particular topics close enough that the questions or clarifications has already been posted days,weeks or months ago.

Who is going to repeatedly spend time and energy to extract the information for you.

So, I suggest we can be more effective and efficient if we can DOOR ourself and don' t get con.

Some people suggest that If you you belieive that this particular company is a GEM...Keep quite don' t let people know.at ..invest in it quietly.I think that it is true.

A chinese idiom : " Big trees invite wind" Just like AMAL.

Atom99 ( Date: 03-Apr-2017 23:11) Posted:

Now the CEO also try to promote AMAL...DYOR and DYODD.

Buy or Don' t Buy the decision rest on YOU and you alone.Of course there are all kinds of people having their own agenda in the stock market.People like you and me.

For me I DMOR and invest within my means.Don' t blame others if you losed your money and if you make lots of profit...good for you.

This post is not and advice to buy or sell.I am not qualified. But to share information and make informed decision.

http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements

papayaface ( Date: 03-Apr-2017 22:47) Posted:

Have a strong feeling that there are many insiders in this thread trying so hard to promote AMAL for their own interests. Many just pretend not to know and ask leading questions and use another nick to provide the answers to their own questions. Hmmm. If thats the case, forumers please be careful and get out once your TP is reached. Good luck

x 1

x 0

Now the CEO also try to promote AMAL...DYOR and DYODD.

Buy or Don' t Buy the decision rest on YOU and you alone.Of course there are all kinds of people having their own agenda in the stock market.People like you and me.

For me I DMOR and invest within my means.Don' t blame others if you losed your money and if you make lots of profit...good for you.

This post is not and advice to buy or sell.I am not qualified. But to share information and make informed decision.

http://www.sgx.com/wps/portal/sgxweb/home/company_disclosure/company_announcements

papayaface ( Date: 03-Apr-2017 22:47) Posted:

Have a strong feeling that there are many insiders in this thread trying so hard to promote AMAL for their own interests. Many just pretend not to know and ask leading questions and use another nick to provide the answers to their own questions. Hmmm. If thats the case, forumers please be careful and get out once your TP is reached. Good luck

x 0

Furnaces
Just curious to ask.I saw similar post regarding your estimate on Hotcopper website. Same person?

furnaces ( Date: 03-Apr-2017 15:03) Posted:

Production

- Spodumene Concentrate = 120,000 to 160,000 tonnes per annum (average 140,000)

- Tantalum Pentoxide = 300,000 pounds per annum

Before processing, these ores are worth

- Spodumene Concentrate = US$900 per ton

- Tantalum Pentoxide = US$60 per pound

Total worth per annum (before accounting for operating costs)

- Spodumene Concentrate = US$900 per ton x 140,000 = US$126,000,000

- Tantalum Pentoxide = US$60 per pound x 300,000 = US$18,000,000

Total worth per annum (after accounting for operating costs)

- Spodumene Concentrate = (US$900 &ndash US$250 per ton) x 140,000 = US$91,000,000

- Tantalum Pentoxide = (US$60 &ndash US$30 per pound) x 300,000 = US$9,000,000

The infrastructure is mostly in place or funded by Tawana Resources, so Alliance shouldn&rsquo t incur too much of a cost here.

Total operating profit per year about US$100,000,000 or S$140,000,000

Alliance Mineral 50% share in Joint Venture = $70,000,000

Additional expenses for Alliance Mineral assuming $5,000,000 (tax, administrative etc)

Net Profit = $65,000,000

Assuming a 8x P/E ratio, same as Galaxy Resources = Market cap to be about $520,000,000

Target Price = $520,000,000 / 480,000,000 shares = $1.08 per share.

Well, above is an ideal scenario. Execution risks poses a serious threat as well as offtake agreements. An also, if the disclosed data are not what they actually are.

x 0

Director of AMAL,Suen Sze Man,announced on SGX that she purchased 300 lots.

Atom99 ( Date: 03-Apr-2017 17:46) Posted:

Yesterday,the threads was like around 299k and today it is around 309k. In one day we have over 10k threads. Amazing.Keep sharing information and all can make informed decisions. And we all will profits from it.Waiting for the first bucket of gold from AMAL.

Steady28 ( Date: 03-Apr-2017 17:19) Posted:

Started trading 4 to 5 weeks ago. New to this forum, first ever virgin post here.

I must say i have benefitted much from the diverse views from this forum (makes me laugh some times).

It' s a platform/gateway for further critical research.

Thanks to the Gents And Ladies for your contributions and comments.

May we huat all the way as im vested in AMAL

Rgds,

Steady
(who once studied in perth and tutored business in uni for 3 to 4 years)...

hopefully one day i can contribute by making informed and sound decision for others to follow too. Cheers.

x 0

Yesterday,the threads was like around 299k and today it is around 309k. In one day we have over 10k threads. Amazing.Keep sharing information and all can make informed decisions. And we all will profits from it.Waiting for the first bucket of gold from AMAL.

Steady28 ( Date: 03-Apr-2017 17:19) Posted:

Started trading 4 to 5 weeks ago. New to this forum, first ever virgin post here.

I must say i have benefitted much from the diverse views from this forum (makes me laugh some times).

It' s a platform/gateway for further critical research.

Thanks to the Gents And Ladies for your contributions and comments.

May we huat all the way as im vested in AMAL

Rgds,

Steady
(who once studied in perth and tutored business in uni for 3 to 4 years)...

hopefully one day i can contribute by making informed and sound decision for others to follow too. Cheers.

x 0

In US$?

timothylim890 ( Date: 03-Apr-2017 15:07) Posted:

I think this is a good overall framework for those attempting to do a valuation estimate. Thanks!

furnaces ( Date: 03-Apr-2017 15:03) Posted:

Production

- Spodumene Concentrate = 120,000 to 160,000 tonnes per annum (average 140,000)

- Tantalum Pentoxide = 300,000 pounds per annum

Before processing, these ores are worth

- Spodumene Concentrate = US$900 per ton

- Tantalum Pentoxide = US$60 per pound

Total worth per annum (before accounting for operating costs)

- Spodumene Concentrate = US$900 per ton x 140,000 = US$126,000,000

- Tantalum Pentoxide = US$60 per pound x 300,000 = US$18,000,000

Total worth per annum (after accounting for operating costs)

- Spodumene Concentrate = (US$900 &ndash US$250 per ton) x 140,000 = US$91,000,000

- Tantalum Pentoxide = (US$60 &ndash US$30 per pound) x 300,000 = US$9,000,000

The infrastructure is mostly in place or funded by Tawana Resources, so Alliance shouldn&rsquo t incur too much of a cost here.

Total operating profit per year about US$100,000,000 or S$140,000,000

Alliance Mineral 50% share in Joint Venture = $70,000,000

Additional expenses for Alliance Mineral assuming $5,000,000 (tax, administrative etc)

Net Profit = $65,000,000

Assuming a 8x P/E ratio, same as Galaxy Resources = Market cap to be about $520,000,000

Target Price = $520,000,000 / 480,000,000 shares = $1.08 per share.

Well, above is an ideal scenario. Execution risks poses a serious threat as well as offtake agreements. An also, if the disclosed data are not what they actually are.

x 0

One step at a time.
Wait for the off-taker agreement signed with buyer and prepayment and financing detail are announced in April/May I am sure we would hv a much better picture and surely it would be under coverage by reasearch houses.

tankookoo ( Date: 03-Apr-2017 14:16) Posted:

think it should not be calculate this way...dun know how the Alliance should be valued..

tankookoo ( Date: 03-Apr-2017 14:11) Posted:

The $1b sales for 15 years, meaning yearly sale is around $100,000,000 ($100 million). So for Alliance, assuming 50% JV, annual sale will be $50 million. Not sure what is will be cost, but assuming it make 10% profit which is around 5 million, what should be the share price?

x 0

Look at the resource target on page.
July : 20MT - 30MT
Dec: 30 MT - 50MT
It is huge. Same as Galaxy Resources

pool100 ( Date: 03-Apr-2017 12:29) Posted:

Superb presentation. Looks like this is a read deal.

My friend who is in the mining industry in perth says that Tawana is a real mining company. Not fly by night. They really have cash and know what they' re doing.

Congrats to all who kept faith in alliance!

x 0

Here is the presentation slides

http://www.asx.com.au//asxpdf/20170403/pdf/43h7v9nxhl2y09.pdf

timothylim890 ( Date: 03-Apr-2017 11:39) Posted:

Looks like we' ll have a fuller picture by end Apr see milestones on page 7

Atom99 ( Date: 03-Apr-2017 11:31) Posted:

JV partner TAWANA RESOURCES NL just made an announcement with presentation slides.

Go to :http://www.asx.com.au//asxpdf/20170403/pdf/43h7v9nxhl2y09.pdf.

In short, report on Bald Hill mines very positive.... everything is going well.

x 0

What Taiwan?Australia

tankookoo ( Date: 03-Apr-2017 11:34) Posted:

is TAWANA RESOURCES NL a very reputable company in Taiwan?

Atom99 ( Date: 03-Apr-2017 11:31) Posted:

JV partner TAWANA RESOURCES NL just made an announcement with presentation slides.

Go to :http://www.asx.com.au//asxpdf/20170403/pdf/43h7v9nxhl2y09.pdf.

In short, report on Bald Hill mines very positive.... everything is going well.

x 0

JV partner TAWANA RESOURCES NL just made an announcement with presentation slides.

Go to :http://www.asx.com.au//asxpdf/20170403/pdf/43h7v9nxhl2y09.pdf.

In short, report on Bald Hill mines very positive.... everything is going well.

tankookoo ( Date: 03-Apr-2017 11:17) Posted:

No worries, just tahan the paper loss...when it start production, we might be talking of more a dollar stock...but but wait long long for more than a year, maybe 2 to 3 years..

x 0

Another interesting read.
NOT asking you to buy or sell.
DYOR AND DYODD.

MooMoo ( Date: 03-Apr-2017 09:56) Posted:

ALLIANCE MINERAL ASSETS: Another &ldquo Best World&rdquo in the making?

https://www.nextinsight.net/story-archive-mainmenu-60/939-2017/11415-alliance-mineral-assets-another-best-world-in-the-making

x 0

Do a search and found that it is an Iron ore mining company that they wanted to buy.(Legal _Order to pay A$2.2M for it) In the end, they bought Bald Hill Mine tenement which is under AMAL.

Refer to MINDEX website :

http://minedexext.dmp.wa.gov.au/minedex/external/common/appMain.jsp

Does it have any material effect on AMAL business? In my opinion,Idon' t think so.It is not like they cheated ZEN.

risktaker ( Date: 02-Apr-2017 22:04) Posted:

lets see if anything happen this time :P

furnaces ( Date: 02-Apr-2017 21:56) Posted:

A legal case dated back then on the CEO. Not sure if anyone already know. I will just copy and paste over.

Grande &ndash misleading and deceptive conduct case

November 18, 2014/ Sladen Legal

The Supreme Court of Western Australia recently found a director personally liable for misleading and deceptive conduct by reason of the director signing a Letter of Offer on behalf of the company, which contained certain representations. While the case dealt with provisions of the Fair Trading Act 1987 (WA), both the Fair Trading Act 1999 (Vic) and the Australian Consumer Law have equivalent provisions.

The plaintiff company (Grande) entered into an agreement with Southern Cross International Investments Ltd (Southern Cross) whereby it would purchase shares in Zen Resources Ltd (Zen) for $2,250,000.00. The defendant, Tjandra Adi Pramoko (Tjandra), signed the part of the agreement known as the Letter of Offer on behalf of Southern Cross. Southern Cross was a business controlled by the Pramoko family and Tjandra was a director.

Clause 5 of the Letter of Offer provided that if, in two years&rsquo time, Zen was not taken over by an Australian Stock Exchange (ASX) listed company, or if Zen itself was not by that point listed on the ASX or any other major stock exchange, then Southern Cross would buy back the shares from Grande for the same price. It was also Grande&rsquo s contention that there was an oral representation made at the signing of the agreement by Tjandra to Jun. The court did not accept the existence of an oral agreement.

The shares were purchased and after two years, Zen was neither listed on a major stock exchange or taken over by an ASX company. The shares were not bought back by Tjandra or Southern Cross.

Grande brought an action alleging that the defendant Tjandra had engaged in misleading and deceptive conduct when he signed the Letter of Offer containing clause 5, and when he made the oral representations to Jun. Though the case deals with older legislation, these provisions are mirrored in the current Australian Consumer Law (ACL).

Held &ndash Justice Le Miere

By signing the Letter of Offer, Tjandra made two representations &ndash that Southern Cross intended and had the capacity to perform the promise contained in clause 5, and that there were reasonable grounds for making that representation. The second of these is significant, as when a person makes a representation with respect to a future matter without reasonable grounds for doing so, that representation shall by default be taken to be misleading. The onus to prove otherwise rests with the person making the representation.

The plaintiff&rsquo s case was that by signing the Letter of Offer, Tjandra himself had made the representation, even though he had signed the Letter on Southern Cross&rsquo behalf. The court found that though he had signed in his capacity as director, Tjandra did not escape personal liability. Under section 79 of the Act, a court can make an award of damages against any person knowingly concerned in contravention of the Act by a corporation. Therefore, Tjandra was potentially liable for the representations contained in clause 5 of the Letter of Offer.

The onus passed to Tjandra to prove that there were reasonable grounds for him making the representation. Tjandra submitted that his belief that Zen would be taken over by a company named Peak Resources, and the fact that Southern Cross was a business controlled by his family, were reasons enough to show that he had reasonable grounds to make the representation to Grande.

The court disagreed, and it was held that Tjandra could not prove the existence of reasonable grounds for making the representation. Tjandra hadn&rsquo t made any attempt to cause Southern Cross to buy back the shares. Justice Le Miere noted that an unsecured advance of $2.25 million made to a company to enable it to purchase shares in another unlisted company is not [an] inherently likely scenario. The absence of personal liability given by other members of the Pramoko family also indicated that the representation may not have been reasonable. Finally, the failure of Tjandra&rsquo s father and brother to give evidence was telling. Justice Le Miere concluded that it was reasonable to draw an inference that their evidence on this point may have been disadvantageous to Tjandra&rsquo s case.

Decision

Tjandra was found to have personally engaged in conduct which was misleading and deceptive under the Act, and orders for payment of $2,250,000.00 and a transfer of the shares were made.

Take home message

Traditionally directors are protected by the corporate veil in carrying out their role. This case, however, highlights the risk to directors of being personally liable under fair trading and consumer protection laws if their conduct in relation to their company is misleading and deceptive. Caution needs to be taken by directors negotiating corporate transactions.

http://sladen.com.au/news/2014/11/18/18qcu0rztqi808bby05swunz0zp2ry

x 0

Exactly. Why would another mining company,TAWANA RESOURCES NL, listed on ASX and JSE wanted to invest a total of A$20M in AMAL?

Refer to the DBA below:

http://infopub.sgx.com/FileOpen/AMA%20Announcment.ashx?App=Announcement& FileID=440564

KopRed75 ( Date: 02-Apr-2017 21:45) Posted:

This is extremely unlikely because it will require collusion of the highest order. A listed company in Australia and a reputed firm surveying the mining site is involved. This is so different from the case of ISR.

Atom99 ( Date: 02-Apr-2017 21:24) Posted:

I would be very much appreciated that if you show reports or researches anywhere that says AMAL is a scam company or empty mining company?

Thank You.

x 0

I would be very much appreciated that if you show reports or researches anywhere that says AMAL is a scam company or empty mining company?

Thank You.

alishan ( Date: 02-Apr-2017 21:10) Posted:

Singaporeans are enough to listen to big but empty mining stories, like ISR, LionGold, etc. Trading houses just do their own job to limit the damage to more people. There is no smoke without fire. Some insiders may have leaked out some inappropriate practice within the company. This forum has many scammers who try to boost stock price and benefit them.

x 0

This article by Jennifer Tan (left, Director, Research & Products, Equities & Fixed Income, at the Singapore Exchange) was published in SGX' s kopi-C: the Company brew series recently. The article is republished with permission.

' ALLIANCE MINERAL ASSETS: CEO exhilarated at becoming Australia' s 4th lithium producer '

Someone has previously posted here.I repost it from ' Insight' on Sharejunction.

http://www.sharejunction.com/sharejunction/investorInsights.htm

MooMoo ( Date: 02-Apr-2017 16:56) Posted:

I think recently an insider of a brokerage firm spilled the beans on his company, exposing all the dirty tricks used. The article went viral and the company wanted to sue the writer. If I remember correctly, the writer said the brokerage firm would share info on impending margin calls and trading curbs with their high-networth clients, so that they could take advantage of the situations. Thus, I don't think the suspicion of our brothers here that the brokerage firms are influencing the share price is an unfounded one.

KopRed75 ( Date: 02-Apr-2017 14:13) Posted:

Totally agreed! You never know when these shortists switch sides. SGX or the relevant authority should really conduct surprise checks on the brokerage houses to ensure that restrictions are carried out based on adherence to their respective in-house policies and that they are not acting in concert with certain players to take advantage of other market players

x 0

Nobody knows.

Access the following myanmar news websites:

http://www.mmtimes.com/index.php/business/property-news/23244-real-estate-agents-pin-foreign-investment-hopes-and-tax-consistency-on-new-policy.html

http://www.elevenmyanmar.com/

http://www.mmbiztoday.com/articles/property-real-estate

http://www.irrawaddy.com/category/business/economy

Immortal ( Date: 02-Apr-2017 16:44) Posted:

Agree. You know when this will be clarified ?

x 0

In my opinion,the real estate business is a huge drag on YOMA becos foreign investors are waiting for the condonium law.

Immortal ( Date: 02-Apr-2017 15:17) Posted:

No one knows the future but 0.8 is an achievable target . Beyond this we need to assess when the time comes

x 0

Taken from Shareinvestor posted in 1999...still very relevant today...SHORTING

Short-selling. The word is on everyone' s mouth right now. All newbies should know exactly what it is and what it' s weaknesses are.

In normal trading, people who sell their shares hold REAL stocks in their account. Short-sellers do NOT have anything when they sell on the market. It is possible to do this because sellers are given 7 days for settlement. On the 7th day, SES will force-buy for the shortists, much like the force-selling for contra-players the past few days.

Therein lies the weakness of shortists. Whereas buyers are given the option to hold, shortists aren' t. They must hedge their positions (ie buy back) within the 7 day period or face force-buy, which will NOT be at an attractive price. Not even in-house traders or fund managers can escape this as it is done by SES.

If you know this, then you will know that a rebound is bound to occur within this 7 day period, just a matter of when. I personally believe that the stockists, who shorted the market on Monday at the same time the force-selling was done, decided to hedge yesterday, when NASDAQ hit 142. C' mon, everyone was so scared yesterday. Who would have enough buying power to turn the market around but the stockists themselves?

Of course, prices were really discounted then so there was a huge rebound. This morning, I warned small shortists not to short. They assumed that it was another minor rebound and rushed in. They should have studied their charts. There was a break-out pattern.

Who bought this morning? The institutional shortists, of course. Who sold? Small shortists who thought to immitate them. What happened after that was inevitable. Shortists realized that they cannot hold, and with no institutional selling, there was panic buying. Small players burnt again.

Word of advice to newbies. Do not short. There are opportunities in a correction, but it is in waiting for the price to drop, then buy in cheap. Don' t be greedy and think you can work the market both ways, i.e sell 10 lots, then buy 20 lots later. The truth is that very few people can do a U-turn so suddenly. Those who have the discipline for this are the true yodas of the stock market, and even they get burnt sometimes.

In case you are still not convinced, let me point out the strikes against shorting.

1) Shortists always face more pressure than buyers. They have an expiry date. They cannot hold.

2) It is only possible to make as much as the stock is worth now, but you stand to lose more. Let me explain.

Say you have $10,000 in your bank. Your short a stock worth $10,000. If it drops, you stand to gain at most $10,000, and that' s when the price of that stock falls to $0!!

However, if the price rise, there is a possibility of it doubling or trippling. You could be forced to buy back at $20000 or $30000. There is no theoretical limit to how far the price can rise.

Let' s take a real example. All of you have heard of the phenomenal rise of PacCent. Within a week, it rose from $1+ to $6+. Say you decided to short at $3. Sounds like a good deal? But you REALLY do lose your pants and go bankrupt when it reaches $6.

So then why are so many big players shorting?

Simple reason. They have money - lots of it. And they cheat. The market was too high. Many people contra. At the same time they force-sell people' s shares, they limit buying and the inhouse traders shorted. There was NO ELEMENT OF RISK TO THEM AT ALL WHEN THEY SHORTED. They were 100% confident when they shorted the market. For this, I hope all of them suffer in he%l.

Smart people escaped the market on Monday. " Smarter" people shorted the market. Yes, they made tonnes of money, but it' s dirty money. It helped the plans of the stockists along. Every time there was a small rebound, all the stockists had to do is sell a little and the small players rushed in to short. Of course, ultimately, it' s the small players who get burned again.

For those who have read so far, pls listen to my advice and DON' T CONTRA during this recovery period. I believe the institutional shortists have almost fully hedged their positions, meaning they have reloaded their ammo. If they see a lot of people CONTRA again, be sure they' ll be back. Buy cautiously. Make sure you can hold. It' s the best defense against shortists.

Finally, cheers to all who have weathered this storm, but don' t be too confident that it' s over. The sharks are still circling out there.

My two cents:

Small but smart investors will still be able to benefit, not by shorting, but by picking up shares at the very bottom of the shorting cycle. Nibble, don' t plunge, because you won' t know how low it can go. But you can bet that it will rebound, if not this week or next week, then in 5 years (ha ha).

Ring a bell here...RESTRICTION OF TRADE...shorties get burnt!

Atom99 ( Date: 02-Apr-2017 11:31) Posted:

I read a lot of negative comments about this company.Hope you all are correct and I am proved wrong.Just wait ...lah.

DYOR and DYODD.

alishan ( Date: 02-Apr-2017 11:05) Posted:

Too much hype on AM. Anyway SGX is bigger than two casinos combined, is a punting place for aunties & uncles to bet. SGX will always have counters like Ezra, ISR, AM for you to bet. Tio boh tio?

x 0

RHB research report TP 0.78

http://research.sginvestors.io/2017/03/yoma-strategic-rhb-invest-2017-03-28.html

junction ( Date: 02-Apr-2017 11:31) Posted:

Yes,Myanmar' s political situation is a concern. But its business regulations is slow to update and investor expectations are super high . So I think until the situation is clearer, I will hold my investment and not expect too much from Myanmar business. Yoma has nothing much to show up till now, only talk about potential not unlike Midas. Dividend is paltry.

amandayoung ( Date: 31-Mar-2017 18:12) Posted:

My observations :

Aberdeen and UOB "same BBs group". Be careful. I observe Both are well known "shortists". Why i say so ? CASE STUDY : YANLORD

UOB loudspeaker (promote) themselves as " big businessman " in Myanmar. (Based on TV ad)

But Myanmar political situation is a big concern.

If you cant even perform well in Vietnam, then dont talk about Myanmar.