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My Rejuvenated Specialist Watchlist

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Super Contributor
I shall keep updating my present watchlists till the end of 2014 i.e. part B and C. How as so many circumstances have changed around the shares now on the lists that I shall study all the circumstances and decide if they should remain on the lists. New shares will also be added such as AQP. To see my reasons ,go to sashares2010.blogspot.com
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Super Contributor
What sort of target do you see for AQP ?
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Super Contributor
Hopefully a capital gain in price of at least 15% annually and also then in a couple of years time the paying of dividends as well. I shall be writing about platinum matters soon on our resources blog as well.
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Super Contributor
Barry, how do you think is this comparable to PGL potential - to be listed Sedibelo platinum mines, if at all?
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Super Contributor
I really have no idea, but I feel that AQP have the infrastructure in place and their OZ management has succeeded before and their turn a round is gaining momentum so should do well.
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Super Contributor
As a holder of AQP I hope you are right. I bought on the strength of their management, the succeeding turnaround and their stronger balance sheet since the rights issue. However, since then, I feel the risks of holding this share have increased because Mimosa, still their bread and butter, is under threat with indiginisation (new minister), tabled legislation for 15% increased royalties for unbenificated exports and withdrwal of being able to claim current loyalties as a tax expense. If all this new legislation is approved it will significantly impact AQP. In my view, the increased political risk cannot be ignored.
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Super Contributor
U could be right, but I feel the IMF (Int Mon Fund) intervention in their indiginisation programme would change it for the better as they have to jump through various hoops to get a loan. The IMF says they have already met half the conditions.
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Super Contributor
Barry, you use to have an email on your website.? Can't seem to find it. Thanks
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Super Contributor
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Super Contributor
Even if the indiginisation threat is somewhat mitigated still have to contend with the other 2 pieces of proposed legislation. I feel that it will be more prudennt to wait until there is a clearer picture.
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101bn
Contributor
Barry Your feelings on AQP??
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Frodo
Occasional Contributor
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101bn
Contributor
Barry. I see AQP is slipping and slipping but a lot of overseas agencies are starting to put the share out to a buy. Other than a better platinum price to jack the profit. It there any other news on the share to make it a NO BUY?? I think its a good company and want to accumulate for LONG TERM. Thoughts on this?
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