Keaton

[#1]

Steaming Coal stocks! Just got in there! Thoughs? Had a look at their prospectus and it looks good!

[JohnnyCash]

At what price was theplacement done? What did the prospectus say the earnings will be? Not big fireworks yet...

[#3]

IPO at 1000. Ref to www.keatonenergy.co.za for the propectus.

[TRY]

Any idea's on what KEH is going to do in the coming week....up, down?

[JohnnyCash]

Thanks, Ill go have a look and see on prospectus. See its coming down nicely to the low for the day. Will be interesting to see where it ends up for the day. If some punters got hold of the stock it can easily jump between 10 and 14. Q is if the current 1290 is the low or not.....

[J_d_B]

I rate 14+

[#7]

I'm too worried about today, I know it will go up shortly. Whether it is today or next week though I can't tell you. If they mine 2mtpa for a start and it is contractor mined they will have a good start already. Typically contractors (Scharrighuizen, Benicon etc) charges about R30/ton to mine the coal, which is the route KEH is going. Coal currently sells at much higher than that and the price will not come down (or move sideways) any time soon. The math is easy...

[J_d_B]

hey Zoom, thanks for the info, so what would you say is a fair price to get in at?

[#9]

Honestly I got in at 1380, which I feel is still a good price. Its on 1300 now...

[J_d_B]

ok, so 325 was reasonable then. well lets hold thumbs mate, their business model looks solid, their management seems great. Income potential is massive. I think thats about as technical as I can get lol

[J_d_B]

ok, so 325 was reasonable then. well lets hold thumbs mate, their business model looks solid, their management seems great. Income potential is massive. I think thats about as technical as I can get lol

[J_d_B]

ok, so 325 was reasonable then. well lets hold thumbs mate, their business model looks solid, their management seems great. Income potential is massive. I think thats about as technical as I can get lol

[J_d_B]

correction 1325

[#14]

Technically what you are saying makes sense! lol

[#15]

Jip, I think we'll be allright!

[Shaun_Siddall]

R11 sounds good, what the list price R10?

[#17]

Probably a bit optimistic, but if you can get them at R11, buy the lot!