Bisichi Mining Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9218843 http://bit.ly/zGy6sz By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=9218843&action=detail Fri, 27 Jan 2012 16:17:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9217155 January 2012
Today’s Top Story
http://bit.ly/zqItI5
By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=9217155&action=detail Fri, 27 Jan 2012 11:33:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9214130 http://bit.ly/AeOxkP By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=9214130&action=detail Thu, 26 Jan 2012 16:37:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9213549 Date : 26/01/2012 @ 15:09
Source : UK Regulatory (RNS & others)
Stock : Bisichi (BISI)
Quote : 142.5 0.0 (0.00%) @ 08:12
http://bit.ly/xcER0j By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=9213549&action=detail Thu, 26 Jan 2012 15:11:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8892684 Retains
Buy Buy
210.00 210.00
2
GBP
http://www.brokerforecasts.com/companies/BISI/Bisichi+Mining+PLC By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=8892684&action=detail Sat, 29 Oct 2011 12:01:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8175648 Created: 26 April 2011 Written by: Nigel Bolitho
Six months ago, brokers were hoping for a second-half bounce back in profits at Bisichi's BlackWattle mine, 180km east of Johannesburg. However, lower coal prices and a severe shortage of railway trucks taking coal to the Richards Bay export depot firmly put pay to that and also led to an unacceptable build-up of stocks. Earnings were knocked further by the strength of the rand against the dollar.
But management have high hopes for 2011 and are maintaining the dividend. Coal production is building up again, with South African coal prices now around $120 per metric tonne against $85-95 last year. Rail issues have been largely solved or circumvented, strip ratios will be better and, possibly most important of all, Bisichi has found a new Black Economic Empowerment (BEE) partner. It's not the usual penniless local tribe, but Jo-Burg listed 'diversified financial services provider' Vunani who is taking a 37.5 per cent interest in the Black Wattle mine. As the mine only has a theoretical five-year life, Vunani's contacts to acquire other mining interests could be all important.
Numis Securities forecasts 2011 revenues of £39.3m, adjusted pre-tax profits of £4.8m and EPS of 33p.
BISICHI MINING (BISI)
ORD PRICE: 205p MARKET VALUE: £21.4m
TOUCH: 195-215p 12-MONTH HIGH: 232.5p LOW: 185p
DIVIDEND YIELD: 2.0% PE RATIO: na
NET ASSET VALUE: 172p NET DEBT: 7%
Year to 31 Dec Turnover (£m) Pre-tax profit (£m) Earnings per share (p) Dividend per share (p)
2006 13.2 2.61 20.3 2.5
2007 16.7 -0.46 0.9 3.0
2008 26.0 2.12 2.9 3.5
2009 29.0 5.00 35.1 4.0
2010 32.8 -1.81 -11.6 4.0
% change +13 - - -
Ex-div: 29 Jun
Payment: 8 Aug
Guide to the terms used in IC results tables.
More analysis of company results
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TIP UPDATE:
Buy
Bisichi shares have been kept in a tight range for the past year, but rated on a prospective PE ratio of six and, with a new BEE partner on board, they rate a speculative buy.
Last IC view: Buy, 202.5p, 31 August 2010 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=8175648&action=detail Tue, 26 Apr 2011 11:40:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.7736393
The Buzz By The buzz ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=7736393&action=detail Fri, 04 Feb 2011 17:47:00 GMT The buzz tag:iii.co.uk,2003:tst.7592891 http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=7592891&action=detail Wed, 12 Jan 2011 13:46:00 GMT oldwulf tag:iii.co.uk,2003:tst.6467628 Hi all

I am new to BISI (Bought 2.5k worth 2 weeks ago)
Bought because fundamentals of company look good, and now Open cast should allow lower costs and higher production, although there may be some short term hurdles to jump.
Prepared to hold long term, hoping for commodity prices to eventually rise, but I am not sure what people think about prospects over the next 3 years.
I also assume there is still plenty of mine life also?

I was interested to read that the recent AGM passed a reolution allowing Share Buy back (this was not in last AGM notes). Is this something that will actually happen and therefore may boost the SP?
Thanks in advance for any replies. By sharegar777 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=6467628&action=detail Thu, 10 Jun 2010 13:41:00 GMT sharegar777 tag:iii.co.uk,2003:tst.6273304 http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=6273304&action=detail Fri, 30 Apr 2010 08:57:00 GMT samdauncey tag:iii.co.uk,2003:tst.6172252
One thing I don't understand is the rationale for BISI's big investment in updating the mine after the accident and then, apparently, abandoning it all in favour of open-cast mining, as soon as they got the appropriate licenses. They must have known that the open-cast opportunity was in the wind. By samdauncey ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=6172252&action=detail Fri, 02 Apr 2010 16:19:00 GMT samdauncey tag:iii.co.uk,2003:tst.5864740
The single analyst prediction on Barclays has disappeared.

Thanks for all the responses. By PacificSailor ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=5864740&action=detail Wed, 27 Jan 2010 16:14:00 GMT PacificSailor tag:iii.co.uk,2003:tst.5797186
All the best Dan By DA124789 ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=5797186&action=detail Tue, 12 Jan 2010 15:49:00 GMT DA124789 tag:iii.co.uk,2003:tst.5796352
TT
By Techno Trousers ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=5796352&action=detail Tue, 12 Jan 2010 13:28:00 GMT Techno Trousers tag:iii.co.uk,2003:tst.5796312
TT By Techno Trousers ]]> http://www.iii.co.uk/investment/detail?code=cotn:BISI.L&display=discussion&id=5796312&action=detail Tue, 12 Jan 2010 13:20:00 GMT Techno Trousers