I am sure your memories of chickens is not associated with an axe madouchbag, if anything it is more like when you grabbed those poor little chickens and abused them sexually you animal.
Dan got the meeting part, but you got the "not in the office" part, so it is safe to assume there was some type of meeting somewhere. Unless of course the receptionist was making that up, which I find hard to believe. CPN, we will know something very soon and all this mystique and fog will clear. We will either trade NAZ or not. I think by next week all will be much clearer.
So, here we sit, another week started and we are still WAITING :(........! Yesterday, there was some of the usual events on the LLEN YMB, a couple of the same names attempting to do some DD by getting through to IR and then share it here only to be met by the same ungrateful BS .."The truth? In the PR, or the Nas letter. everything else is noise." by someone I will not mention, but they know who they are as this is the same source of the complaints to IR about my posts. Why they even bother to read the YMB if they are going to bash their fellow shareholders is beyond me. Too bad you can only IGNORE and not also BLOCK your posts so others can't read them, because I would have BLOCKED a couple of these s*c*u*m*b*a*g*s from getting my hard earned info, that's for sure.
On a brighter note, Dan found out Management was in meetings, and CPN found out the meetings were NOT in the OFFICE! Speculation, YES, but I am going to try and get something today if I could because I smell something cooking and it has Great Potential to be the Bombshell we all have been waiting for. Maybe a PR will come and I won't have to angry at certain people here for urinating on my hard work.
Sentiment: Strong Buy
In Early January, this was my post before the Shareholder Vote on the YONG Private Offer:
"Obviously in YONG'S case it won't trade over that 6.50 mark BECAUSE of the private offer. If shareholders vote against a takeover, which IMO they should, this stock will trade up 40% within3-6 months. LLEN is a 3-3.50 stock in my opinion without the TDR and another Large mine acquisition. I feel they could overcome the stigma if in time with good growth and earnings that show higher profits with higher Revs and eventually a better surplus of cash on hand. YONG has 101mill. on hand and very little debt. LLEN needs to show investors it CAN grow and build up cash taking the fear of needed dilution out of the minds of investors. I think the last QTR showed great potential and should they get that washing plant producing substantial revs again, then they could surprise us with a 60million QTR and LLEN can trade at the higher end at 3.50-4.00."
So here we are, almost a full QTR later, the vote WAS in deed Not in favor of the Private 6.50 offer, and YONG which traded a Dollar lower than the 6.50 offer right after the vote at 5.50, had inched back up to 6.00 in the week following, and this morning it is up some 13%, TO ALMOST 6.80 on no apparent news, OOPS just saw one of my feeds showing a 7.00 new Private Offer! YES! I bought some shares at 5.65,and this morning it is paying off, but I am holding for sure. Madaniels Chinese Curse has failed miserably here and ALSO will on LLEN. LLEN, on the other, did not get the HX Wash Plant up, and the Govt. shutdown along with the Chinese New Year shut us down for 6 weeks, almost 1/3 the QTR and we somehow posted a 9 cent profit in a Coal Market that is seeing the lowest prices in years. India’s top three steel makers are negotiating for deliveries at $125 a tonne for the month and quarter starting April, this news just broke this morning also. The price is 13% less than the prior three months @$143 a tonne. CONTINUED......
Isn't it amazing that this small company can still show profits in the COAL INDUSTRY! LLEN is managing to make money despite mine closures, Holidays, price crunch, AMAMZING! Great management brings great results. Things ramping up now, halt soon to be lifted and the future looks bright for LLEN. COVER LOSERS!
I am Hoping your 7-day countdown holds true. I think(JMO) they are returning on Saturday and then give it a few days to apply whatever findings and documents they bring back to finalize the SIC and we just might(JMO) get a PR week after next. Hoping for the best for all the LONGS! GL
Sentiment: Strong Buy
I am excited to hear from IR that the HX wash plant will be fully operational by month's end. Washing isn't as profitable as mining but it is 15% GP and better than the 5%GP we cut on Wholesale and obviously any added revenues are sorely needed at this point. The mine inspections and the New Year destroyed us last QTR, along with the Wash Plant down it was a recipe for the weakest QTR in a year but somehow they managed to squeeze out a profit. Also coal prices were at record lows and Hopefully inventories are working their way down and the prices can rise again. I think the Chinese Govt. has the right idea in closing the smaller mines that are produces of poor quality coal and obviously the inspections were also due to the pollution problem and these inspections were also designed to weed out the those smaller mines that are mining very poor quality coal. This is from an article I read this morning:
"Last year, China’s state council announced that it will shut down at least 2,000 out of approximately 10,000 to 12,000 small coal mines with capacity of up to 90,000 tonnes a year by the end of 2015. The government will focus the closures on mines with substandard coal and poor safety records
While the government aims to close smaller mines, last year, it approved construction of 101.3 million new coal capacity in 2013, up from 16.6 million tonnes approved in 2012. Most of this additional capacity will be developed in the Shaanxi and Inner Mongolia regions, reflecting China’s goal of consolidating output and shutting down smaller mines. Cost improvements arising from economies of scale would apply downward pressure as large suppliers’ expansions weed out inefficient and high-cost miners in the short to medium term."
The board is extremely quiet, I can hear a Short groan...ah...ah, love those interest fees just piling up and eating away at their balance. SIC should be finishing up soon along with FA, PR SOON?
Sentiment: Strong Buy