Shen Yao
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ThinkEnv name change to Liongold Corp
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341-360 of 719
In order for lion to Chiong someone must take down the hunter.
Hi Thai buchai,
Sawadee kar!!!
Just notice you become veteran !!!
55555555!!!
I Also scare scare why have profit warning！
Ni Lion swuai chin chin liao!
Kun Huat liao! Mai NoMoney liao!!!
Don't forget to me buy me tomyum kun ya!!!
Chork dee mark mark!!!
Cheers!!!
NoMoney ( Date: 12-Nov-2013 22:06) Posted:
finnally someone posted it. I tot I read wrongly. tomorrow don't know willroar o not. or meow only haha. then y need profit warning thing to scare people make people short more?
WanSiTong ( Date: 12-Nov-2013 22:02) Posted:
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LionGold Corp achieves over 50% increase in revenues and gross profit as gold operations strengthen
(pls refer to today SGX anoouncement 181 & 183)
Key points:
2Q2014 revenue grew 52.2% year on year to S$45.6 million while gross profit increased 52.0% correspondingly to S$8.6 million
Gold operations contributed 73% (S$6.3 million) of the Group?s total gross profit as LionGold?s wholly-owned producing asset produced a record 13,845 ounces of gold at an operating cash cost of A$666 per ounce and all-in cash cost of A$1,055 per ounce of gold
A loss attributable to equity holders of S$47.8 million was recorded, largely due to unrealised losses on marketable securities which are not part of the Group?s core operations and which were tendered as consideration for the disposals of LionGold?s interests in its non-core power and environmental assets
As of 30 September, the Group had cash and cash equivalents of S$36.8 million while its US$18 EV/ounce of resource is significantly lower than many Asia-listed peers
Continued investment in development of currently non-producing gold mining assets is expected to bear fruit in the coming quarters
LionGold will continue to seek out opportunistic acquisitions of gold mining assets and pursue various methods of inorganic growth including strategic alliances, joint ventures and financing or equity partners
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good to know Lion did not fail me ! Now have to await the investigation findings......
srichipan ( Date: 12-Nov-2013 22:42) Posted:
| It's core business is making profits. That's a good sign |
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It's core business is making profits. That's a good sign
The 3 counter should be moving up tomorrow.
Very interesting! After compareing LionGold & Blumont Financial presentation, I would comment that Liongold 's accountant is quite creative. Even though this quarter their bottom line is in red but they manage to give reader the impression that the whole picture is good.
Rosesyrup ( Date: 12-Nov-2013 22:15) Posted:
Managers do this to lower market expectation and benchmark placed on them. This allows them to claim more bonus after reporting result that " beat the forecast" .
NoMoney ( Date: 12-Nov-2013 22:06) Posted:
| finnally someone posted it. I tot I read wrongly. tomorrow don't know willroar o not. or meow only haha. then y need profit warning thing to scare people make people short more |
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It's all about risk management. I will enter as and when I am comfortable, not simply because it is cheap. Cheap and become cheaper lol. Even if I were the value investor, I would still like to be able to get maximum exposure at least cost, and that cost is not just financial, but also emotional.
Rosesyrup ( Date: 12-Nov-2013 22:27) Posted:
Current price not low enough to entice you in?
cccx123 ( Date: 12-Nov-2013 22:26) Posted:
Although I am not vested in any of the trio, I feel that liongold has the most prospects. Both blumont and liongold's financial statements are records of the financial period ending 30 September. That was before the crash occurred(4 October). The reason why liongold posted such poor results in net income was because management chose to take the market value of its financial assets as at 8 November and not 30september as was required by regulations(see pg 15 of report). In other words, management went the extra mile to ensure that investors make the most informed decision.
Now that the write downs of fair value financial assets have been taken into account, we will see liongold's financial statement take on a clean slate in the coming quarter. As for blumont, next quarter will be a disaster.
Currently not vested in any of the trio but am looking into getting some exposure to liongold, which is trading at a slight discount to NAV, something quite unusual for gold or any mining companies. |
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Current price not low enough to entice you in?
cccx123 ( Date: 12-Nov-2013 22:26) Posted:
Although I am not vested in any of the trio, I feel that liongold has the most prospects. Both blumont and liongold's financial statements are records of the financial period ending 30 September. That was before the crash occurred(4 October). The reason why liongold posted such poor results in net income was because management chose to take the market value of its financial assets as at 8 November and not 30september as was required by regulations(see pg 15 of report). In other words, management went the extra mile to ensure that investors make the most informed decision.
Now that the write downs of fair value financial assets have been taken into account, we will see liongold's financial statement take on a clean slate in the coming quarter. As for blumont, next quarter will be a disaster.
Currently not vested in any of the trio but am looking into getting some exposure to liongold, which is trading at a slight discount to NAV, something quite unusual for gold or any mining companies. |
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Although I am not vested in any of the trio, I feel that liongold has the most prospects. Both blumont and liongold's financial statements are records of the financial period ending 30 September. That was before the crash occurred(4 October). The reason why liongold posted such poor results in net income was because management chose to take the market value of its financial assets as at 8 November and not 30september as was required by regulations(see pg 15 of report). In other words, management went the extra mile to ensure that investors make the most informed decision.
Now that the write downs of fair value financial assets have been taken into account, we will see liongold's financial statement take on a clean slate in the coming quarter. As for blumont, next quarter will be a disaster.
Currently not vested in any of the trio but am looking into getting some exposure to liongold, which is trading at a slight discount to NAV, something quite unusual for gold or any mining companies.
thanx rosesyrup. may b part of the strategy
Managers do this to lower market expectation and benchmark placed on them. This allows them to claim more bonus after reporting result that " beat the forecast" .
NoMoney ( Date: 12-Nov-2013 22:06) Posted:
finnally someone posted it. I tot I read wrongly. tomorrow don't know willroar o not. or meow only haha. then y need profit warning thing to scare people make people short more?
WanSiTong ( Date: 12-Nov-2013 22:02) Posted:
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LionGold Corp achieves over 50% increase in revenues and gross profit as gold operations strengthen
(pls refer to today SGX anoouncement 181 & 183)
Key points:
2Q2014 revenue grew 52.2% year on year to S$45.6 million while gross profit increased 52.0% correspondingly to S$8.6 million
Gold operations contributed 73% (S$6.3 million) of the Group?s total gross profit as LionGold?s wholly-owned producing asset produced a record 13,845 ounces of gold at an operating cash cost of A$666 per ounce and all-in cash cost of A$1,055 per ounce of gold
A loss attributable to equity holders of S$47.8 million was recorded, largely due to unrealised losses on marketable securities which are not part of the Group?s core operations and which were tendered as consideration for the disposals of LionGold?s interests in its non-core power and environmental assets
As of 30 September, the Group had cash and cash equivalents of S$36.8 million while its US$18 EV/ounce of resource is significantly lower than many Asia-listed peers
Continued investment in development of currently non-producing gold mining assets is expected to bear fruit in the coming quarters
LionGold will continue to seek out opportunistic acquisitions of gold mining assets and pursue various methods of inorganic growth including strategic alliances, joint ventures and financing or equity partners
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finnally someone posted it. I tot I read wrongly. tomorrow don't know willroar o not. or meow only haha. then y need profit warning thing to scare people make people short more?
WanSiTong ( Date: 12-Nov-2013 22:02) Posted:
|
LionGold Corp achieves over 50% increase in revenues and gross profit as gold operations strengthen
(pls refer to today SGX anoouncement 181 & 183)
Key points:
2Q2014 revenue grew 52.2% year on year to S$45.6 million while gross profit increased 52.0% correspondingly to S$8.6 million
Gold operations contributed 73% (S$6.3 million) of the Group?s total gross profit as LionGold?s wholly-owned producing asset produced a record 13,845 ounces of gold at an operating cash cost of A$666 per ounce and all-in cash cost of A$1,055 per ounce of gold
A loss attributable to equity holders of S$47.8 million was recorded, largely due to unrealised losses on marketable securities which are not part of the Group?s core operations and which were tendered as consideration for the disposals of LionGold?s interests in its non-core power and environmental assets
As of 30 September, the Group had cash and cash equivalents of S$36.8 million while its US$18 EV/ounce of resource is significantly lower than many Asia-listed peers
Continued investment in development of currently non-producing gold mining assets is expected to bear fruit in the coming quarters
LionGold will continue to seek out opportunistic acquisitions of gold mining assets and pursue various methods of inorganic growth including strategic alliances, joint ventures and financing or equity partners
|
|
LionGold Corp achieves over 50% increase in revenues and gross profit as gold operations strengthen
(pls refer to today SGX anoouncement 181 & 183)
Key points:
2Q2014 revenue grew 52.2% year on year to S$45.6 million while gross profit increased 52.0% correspondingly to S$8.6 million
Gold operations contributed 73% (S$6.3 million) of the Group?s total gross profit as LionGold?s wholly-owned producing asset produced a record 13,845 ounces of gold at an operating cash cost of A$666 per ounce and all-in cash cost of A$1,055 per ounce of gold
A loss attributable to equity holders of S$47.8 million was recorded, largely due to unrealised losses on marketable securities which are not part of the Group?s core operations and which were tendered as consideration for the disposals of LionGold?s interests in its non-core power and environmental assets
As of 30 September, the Group had cash and cash equivalents of S$36.8 million while its US$18 EV/ounce of resource is significantly lower than many Asia-listed peers
Continued investment in development of currently non-producing gold mining assets is expected to bear fruit in the coming quarters
LionGold will continue to seek out opportunistic acquisitions of gold mining assets and pursue various methods of inorganic growth including strategic alliances, joint ventures and financing or equity partners
At this moment better don't buy wait for dust settle ,,,,lion , blumont , and asiason
those that bought previously, ru still vested?
maybe hold and tide thru this
terencee ( Date: 11-Nov-2013 16:39) Posted:
| Lol today wanted to sell my lion and buy cheaper. But knn.. So small range. Profit also not shiok |
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Lol today wanted to sell my lion and buy cheaper. But knn.. So small range. Profit also not shiok
still have some. not sure what's next.
WanSiTong ( Date: 11-Nov-2013 15:07) Posted:
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Price being sell down again. So closing will be > or = 0.195?
