Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - jaDEB

Pages: 1 ... 227 228 [229] 230 231 ... 304
3421
Off topic / Live chat
« on: June 30, 2014, 08:47:33 am »
Yip, :)

3422
Shares / Re: Pulverized Sand Box
« on: June 30, 2014, 08:47:17 am »
Shareholders are advised that on 27 June 2014 Aspen hosted a pre-closed period conference call with
members of the investment community, a recording of which is available on the Aspen website
(http://www.aspenpharma.com/investor-information/ ). In the view of Aspen's two executive directors
who hosted the conference call, no price sensitive information was communicated during this call.
Unfortunately certain comments made by Aspen management have either been misconstrued or have
been quoted out of context and have now appeared in certain sections of the media creating uncertainty
in the market. Specific quotes requiring contextualization and the appropriate facts are set out below:

".....management told analysts on a call that second-half trading was weaker....":
In answer to a question on the call, management confirmed their general comfort with the potential
increase in Group revenue in the second half of the financial year ending 30 June 2014 from recent
acquisitions, as had been indicated in the presentation on Aspen's 2014 interim results (i.e. results for
the first half of the 2014 financial year) which is available on Aspen's website. Management also
reported that they expected revenue in South Africa in the second half of the financial year ending
30 June 2014 to be lower than in the first half of the year. Revenue from South Africa for the first half of
the 2014 financial year as reported in the unaudited interim results announcement by Aspen amounted
to R3.8 billion, comprising 30% of the Group's gross revenue.

"The company guided for a softer second half in South Africa because of government tender volumes that
were lower than anticipated":
This is consistent with management's statements. Management specifically stated that the anticipated
lower revenue in the second half of the 2014 financial year was influenced by lower than anticipated
volumes in the public sector antiretroviral ("ARV") tender. In the presentation on Aspen's 2014 interim
results referred to above, it is disclosed that revenue from ARV tenders in South Africa for the six months
ended 31 December 2013 amounted to R525 million. This was 14% of the total South African revenue
and 4% of the total Group revenue reported for this period.

"....disappointing second half in South America because of problems with the supply chain....":
Management did not make this comment. Management reported that supply problems relating to a few
products in the portfolio of products recently acquired from Merck had resulted in the full potential of
these products not being realized. Management identified Latin America as the region where this was
specifically applicable.

As soon as the directors have reasonable certainty on earnings per share and headline earnings per share
for the year ending 30 June 2014 a trading update will be released in terms of the JSE Listings
Requirements.

This update has not been reviewed or reported on by Aspen’s auditors.

Durban
30 June 2014

3423
Shares / Re: Today's Outlook
« on: June 30, 2014, 08:28:46 am »
Gold 1314 vs 1320, $/R 10.58 vs 10.62  , Copper 6.94 vs 6.95  , Nickel 18.76  vs 18.64, Oil 105.29 vs 105.63

3424
Shares / Re: Pulverized Sand Box
« on: June 30, 2014, 08:26:32 am »
Thanks Mr Bond,

Same old story, I buy something when the trend is upwards, it goes down. But I will hold it for 6 mnths or so.

3425
Off topic / Live chat
« on: June 27, 2014, 03:17:17 pm »
But I am working on it .. ;'(

3426
Off topic / Live chat
« on: June 27, 2014, 03:07:27 pm »
it is not a article, just a word, stupidity

3427
Off topic / Live chat
« on: June 27, 2014, 02:11:05 pm »
Base it on my buy high sell low Philosophy

3428
Off topic / Live chat
« on: June 27, 2014, 02:10:08 pm »
Write a new 1 :)

3429
Shares / Re: African Bank
« on: June 27, 2014, 01:06:50 pm »
Thanks Nivek. But some of the investment companies have been buying small %, and have even more in their portfolio.

Low today was R5.78 now R6.49 - 10 % swing.

But yes, in I agree with you, just needed a second opinion.  :whistle:

3430
Off topic / Live chat
« on: June 27, 2014, 11:00:33 am »
Damn this site is getting lonesome

3431
Shares / Re: African Bank
« on: June 27, 2014, 10:14:58 am »
Any1 else thinking of buying below R6 ?

3432
Shares / Re: Today's Outlook
« on: June 27, 2014, 08:55:02 am »
Gold 1320 vs 1316       , $/R 10.62 vs 10.57  , Copper 6.95 vs 6.96  , Nickel 18.64  vs 18.50     , Oil 105.63 vs 106.76

3433
Off topic / Live chat
« on: June 26, 2014, 05:10:42 pm »
$#@! 88&&& !!

3434
Off topic / Live chat
« on: June 26, 2014, 05:03:38 pm »
Who else here will be affected by strike - Numsa :'(  

3435
Off topic / Live chat
« on: June 26, 2014, 09:43:28 am »
it's fixed sorry

Pages: 1 ... 227 228 [229] 230 231 ... 304