Author Topic: Metair. Titan or Titanic?  (Read 17836 times)

Orca

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Metair. Titan or Titanic?
« on: October 10, 2013, 03:44:05 pm »
http://www.moneyweb.co.za/moneyweb-investment-insights/are-these-shares-the-future-titans

That was posted by gcr I think.
Written on 7 Oct and today their acquisition SENS lifted the share by over 6%.  Acquired a battery factory in Turkey for R2.2B. This will add capacity to their Rombat green stop/start plant in Rumania.
Surely a future Titan. All cars in the UK and US must use these batteries in 2 years time.
They have on their sophisticated batteries.  MB and BMW are on board already.
Now to wait. Bought at 2480.
I started here with nothing and still have most of it left.

Orca

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Re: Metair. Titan or Titanic?
« Reply #1 on: October 11, 2013, 12:39:42 pm »
Up another 7% today. Makes it 15% in two sessions.  :TU:
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jaDEB

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Re: Metair. Titan or Titanic?
« Reply #2 on: October 11, 2013, 12:53:01 pm »
Nice ...  :TU:
jaDEB

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Moonraker

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Re: Metair. Titan or Titanic?
« Reply #3 on: October 11, 2013, 12:56:33 pm »
MIX - keeping pace with Orca's MTA, up as we speak 14% since Monday and looks like it will still go higher today.

Orca

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Re: Metair. Titan or Titanic?
« Reply #4 on: October 11, 2013, 01:27:21 pm »
Up 16.6% since YESTERDAY and still climbing. Should have gone long with the SENS announcement. It was a no brainer.
I started here with nothing and still have most of it left.

Orca

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Re: Metair. Titan or Titanic?
« Reply #5 on: October 15, 2013, 07:01:42 pm »
Geez. This is the best day I have had in years.
I started here with nothing and still have most of it left.

Orca

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Re: Metair. Titan or Titanic?
« Reply #6 on: October 15, 2013, 07:16:23 pm »
With the above gains and MTA looks to beat CML over time, my move to Portugal seems nearer. Another 15% will put me at my target to start my move. :)
I started here with nothing and still have most of it left.

cknt

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Re: Metair. Titan or Titanic?
« Reply #7 on: October 16, 2013, 09:36:47 am »
This should be to MTA's advantage as well?:

"New car registrations in the European Union rose 5.5% in September, data shows - @CNBCWorld"

Orca

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Re: Metair. Titan or Titanic?
« Reply #8 on: October 17, 2013, 07:37:40 pm »
Geez. This is the best day I have had in years.
Another good day.
I started here with nothing and still have most of it left.

Delusionsofgrandeur

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Re: Metair. Titan or Titanic?
« Reply #9 on: December 03, 2013, 02:40:30 pm »
What do you guys think of the new board appointments for Metair?
Also,are any of you guys buying right now?

Orca

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Re: Metair. Titan or Titanic?
« Reply #10 on: December 07, 2013, 06:27:33 pm »
They have managed to seal the deal and bought all outstanding shares. This acquisition is now costing R2.27B (or was it 2.7) and will surely hurt their results for next year but investors will see the future value and stick it out to reap the rewards later.
Coronation acquired 5.36% of Metair off market for Kagiso. They had to do it off market as there were not enough shares available at market. You can rest assured that Coronation as the best Fund Managers out will have made their sums with the due diligence before the acquisition.
This is a medium to long term winner. The only stock that I would buy and chuck in the bottom draw and not worry about it.

I started here with nothing and still have most of it left.

Orca

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Re: Metair. Titan or Titanic?
« Reply #11 on: December 08, 2013, 06:48:36 pm »
Just noticed a problem. She left a gap at 3580. MTA is not a trading stock as such but if traders are there, they might just force the price down to close this gap. ie, They go short (sell) until it reaches 3580 and then close their shorts (buy) and it goes back up again.
I started here with nothing and still have most of it left.

Orca

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Re: Metair. Titan or Titanic?
« Reply #12 on: December 10, 2013, 01:03:32 pm »
Following the Acquisition, Investec Asset Management now holds 6.8990% of the issued ordinary share
capital of the Company.

SENS made today.
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Orca

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Re: Metair. Titan or Titanic?
« Reply #13 on: December 13, 2013, 03:10:05 pm »
Seems like all the big guns are buying up MTA. Here is another SENS made today.

NOTICE OF AN ACQUISITION OF A BENEFICIAL INTEREST IN METAIR INVESTMENTS LIMITED

In accordance with Section 122(3)(b) of the Companies Act, No 71 of 2008, as amended and paragraph
3.83(b) of the JSE Limited Listings Requirements, Metair shareholders are advised that the Company has
received notification that Coronation Asset Management (Pty) Ltd (?Coronation Asset Management?),
on behalf of its clients, has acquired a beneficial interest in securities (?the Acquisition?).

Following the Acquisition, Coronation Asset Management now holds 9.34% of the issued ordinary share
capital of the Company.
I started here with nothing and still have most of it left.

Orca

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Re: Metair. Titan or Titanic?
« Reply #14 on: December 18, 2013, 06:58:32 pm »
 :wtf: Was it me or Coronation or perhaps Investec that caused this sudden surge?  :LHST:
Reminds me about one guy on the other forum saying I was promoting CML to the extent that it rose from R12 to where it is now.  :laugh:
« Last Edit: December 18, 2013, 08:03:21 pm by Orca »
I started here with nothing and still have most of it left.