| Latest Forum Topics / Resources Prima |
|
|
Resource prima to climb further?
|
|||||
|
RoundRound
Elite |
13-Feb-2015 09:32
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
This resources is going to wake up today ....HUAT ARHH | ||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
13-Feb-2015 09:01
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
Good buying opportunity now at 10c to 12c and keep it under your pillow for near term prospects and long term growth | ||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
RoundRound
Elite |
13-Feb-2015 07:21
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
Currently operating at IPPKH1 concession, 308.54ha. Once IPPKH2 concession, which is 1624.46ha gotten the green light to operate in, the share price will cross 20c and higher.
1624.46ha is some 526% bigger than the current 308.54ha conces |
||||
| Useful To Me Not Useful To Me | |||||
|
deviltheory
Member |
13-Feb-2015 00:47
Yells: "Sic Parvis Magna" |
||||
|
x 0
x 0 Alert Admin |
mmmmm I love money. lols. |
||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
13-Feb-2015 00:34
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
Estimate it should end the day on Friday up (quite) some pips
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
deviltheory
Member |
13-Feb-2015 00:27
Yells: "Sic Parvis Magna" |
||||
|
x 0
x 0 Alert Admin |
So whats the forecast tml bro. |
||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
12-Feb-2015 23:48
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
NEWS RELEASE Resources Prima revenue surges 51.3% to USD68.5m on higher sales volume of 1.30m MT for 9M2015 EBITDA improved significantly to USD4.8m for 3Q2015 and USD14.2m for 9M2015, from negative EBITDAs in the respective corresponding periods last year Net loss of USD70.0m for 9M2015 primarily due to non-cash and non-recurring expenses such as goodwill written off and cost of arranger shares related to the reverse takeover completed in November 2014 Submitted application for second &ldquo borrow-use&rdquo permit for the remaining 1624.46 ha of mining concession area which could potentially increase the Group&rsquo s coal reserves and resources   The coal industry continues to be challenging due to the current market conditions and the weakening of coal export prices in 2014. Known factors that may impact the Group in the next 12 months include: 1) Submission of application for the second &ldquo borrow-use&rdquo permit (IPPKH2) which could lead to an increase in coal reserves and resources As disclosed in item 8 above, the Company&rsquo s subsidiary, Rinjani, has secured a &ldquo borrow-use&rdquo permit (IPPKH1) in respect of an area covering 308.54 ha of the total mining concession area of 1,933 ha. Currently, the Group has submitted an application to secure a &ldquo borrow-use&rdquo permit for the remaining 1,624.46 ha of the total mining concession area. Once the second &ldquo borrow-use&rdquo permit is approved, the Company shall make the necessary announcement and commence further exploration which could lead to an increase in the Group&rsquo s coal reserves and resources from the remaining 1,624.46ha. 2) Cost reduction programme Rinjani has commenced a cost reduction programme covering a number of areas. The management is confident that this programme, coupled with its existing cost advantage enjoyed through the usage of its own fully integrated coal mining facilities such as the coal stockpile, coal crushers, coal conveyor system and jetty facilities, will allow the Group to continue to operate and grow both organically and through future M& A opportunities. The cost reduction programme includes: A review of waste mining rates in conjunction with the Group&rsquo s waste mining operator to better reflect current industry conditions and changes in mining operations Review of heavy equipment requirements and management of such costs e.g. rent versus lease purchase Review of fuel supply arrangements to ensure fuel costs are minimised 3) Diversification and additional source of income The management plans to grow its recurring income through the provision of its coal mining facilities to third party mine owners. Barring unforeseen circumstances, the management expects Rinjani to continue to produce and sell coal at the current levels. |
||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
12-Feb-2015 17:49
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
Wow! Got in at a better price than me leh..... strong support and 11c crucial closing price held. Looking for a run-up of this counter for a while liao
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
churnw
Elite |
12-Feb-2015 15:44
|
||||
|
x 0
x 0 Alert Admin |
I brought at 0.106. Wish me luck | ||||
| Useful To Me Not Useful To Me | |||||
|
bravepeanut
Senior |
12-Feb-2015 15:20
|
||||
|
x 0
x 0 Alert Admin |
Support is 0.105 and 0.102 Stay clear or short it until it stabilizes at about 0.100... I thought the 2 million at 0.109 will hold so I tried yesterday but it didnt so I cut :S It' s a big +5 today + all the cut losses from those who bought two days ago... not funny... Don' t think 0.105 will hold too... |
||||
| Useful To Me Not Useful To Me | |||||
|
Newlearner
Veteran |
12-Feb-2015 14:58
|
||||
|
x 0
x 0 Alert Admin |
No fear yet i think. Players are optimistic becos near support. Usually fear will set in if it break lose... Im not saying it will break, but today T5. take note
|
||||
| Useful To Me Not Useful To Me | |||||
|
CalvinChia888
Master |
12-Feb-2015 14:53
Yells: "Pay It Forward Analyze The Analysts" |
||||
|
x 0
x 0 Alert Admin |
not say cannot buy, but there are many good quality counters now on bargain sale, be picky and choose it (them) correctly. I said before, this stock below 10 cts (about 9.8 cts) can consider buy. Just look at coal player Geo.
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
CalvinChia888
Master |
12-Feb-2015 14:48
Yells: "Pay It Forward Analyze The Analysts" |
||||
|
x 0
x 0 Alert Admin |
then u ALL IN lor. talk so big.
|
||||
| Useful To Me Not Useful To Me | |||||
|
cute5tuff
Member |
12-Feb-2015 14:48
|
||||
|
x 0
x 0 Alert Admin |
Some people here are getting a bit scared. That' s understandable. But when fear creaps in, that' s also the time to get in :) |
||||
| Useful To Me Not Useful To Me | |||||
|
deviltheory
Member |
12-Feb-2015 14:36
Yells: "Sic Parvis Magna" |
||||
|
x 0
x 0 Alert Admin |
Overall market weakness.  |
||||
| Useful To Me Not Useful To Me | |||||
|
bookwormy
Member |
12-Feb-2015 14:35
|
||||
|
x 0
x 0 Alert Admin |
Getting a bit scary liao | ||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
12-Feb-2015 09:55
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
My quote 1 week ago still sound logical. 10c to 11c accumulate for mid to longer terms.
Every time price hit below 11c, absorption came in. Those bought in at 10c to 12c, keep them under your pillow. Waiting for the company to announce news on their application to the Indonesia authority for new concession and licensing, and then the price will shoot up.
|
||||
| Useful To Me Not Useful To Me | |||||
|
cute5tuff
Member |
12-Feb-2015 09:47
|
||||
|
x 0
x 0 Alert Admin |
Looks like some kick today. Might go back to 11.5c |
||||
| Useful To Me Not Useful To Me | |||||
|
deviltheory
Member |
11-Feb-2015 16:13
Yells: "Sic Parvis Magna" |
||||
|
x 0
x 0 Alert Admin |
Trading cannot use emotions one. I made money in RP and lost money in sincap. As long as not hidden buying or selling can liao. lol. Keep posting roundround.. |
||||
| Useful To Me Not Useful To Me | |||||
|
RoundRound
Elite |
11-Feb-2015 16:02
Yells: "Tikam Tikam can also" |
||||
|
x 0
x 0 Alert Admin |
I believe I have a bit of unfair advantages in Resources Prima.
My last trading here I've now got a buffer of over 20% in profit margin to play with. I re-entered this week at a still low price. Compared to those who have bought at 15c to 25c and still handing to big paper loss. Lastly, hope I don't get whacked by other shareholders who lost a lot in this counter........LOL |
||||
| Useful To Me Not Useful To Me | |||||

