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Bullboard - Stock Discussion Forum YANKUANG ENERGY GROUP ADR YZCAY

Energy
Yankuang Energy Group Co Ltd is a China-based international comprehensive energy company engaged in coal and coal chemical industry. The Company operates in five segments. The Coal Mining segment is engaged in underground and open-cut mining, preparation and sale of coal and potash mineral exploration. The Smart Logistics segment provides railway transportation services. The Electricity and... see more

Bullboard (OTCQX:YZCAY)

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Post by Grebmoolbon Mar 03, 2010 1:23pm

Legal battle with PT Krakatau Steel

Yanzhou Coal's 100% owned subsidiary Felix Resources is locked in a legal battle in Adelaide, South Australia in the Supreme Court. PT Krakatau Steel, a 100% owned company of the Indonesian ...more  
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Post by Grebmoolbon Dec 07, 2009 4:55pm

Felix Resources vote on YZC in 75 minutes

Felix Resources vote on the bid by Yanzhou coal in 75 minutes time. A vote of 75% in favor is needed otherwise the bid fails. A number of shareholders are rebelling against this unsatisfactory bid of ...more  
451
Comment by Grebmoolbon Nov 24, 2009 8:15am

RE: Xstrata to counter bid for Felix Resources

Yanzhou's bid of A$16.95 a share for Felix Resources all depends on Felix's vote of their shareholders at a scheme meeting on 8th December.  Felix directors have agreed to vote for the ...more  
454
Discussion
Post by Grebmoolbon Nov 19, 2009 8:45am

Xstrata to counter bid for Felix Resources

Some large trades totaling 1,994,452 shares on Thursday are pointing towards a counter bidder building up stock steadily. Yanzhou's bid of $16.95 is well below a few analysts valuation nearer $24 ...more  
631
Comment by Grebmoolbon Nov 13, 2009 4:28am

RE: RE: Yanzhou wobble as counter bidders wait

Felix Resources - Yanzhou are bidding $16.95 per share in an offmarket bid - are to bring forward the 50c extra dividend to December 9 2009. Felix directors are to loan Felix A$97 million to enable ...more  
534
Discussion
Comment by Grebmoolbon Oct 30, 2009 7:04pm

RE: Yanzhou wobble as counter bidders wait

Yanzhou have now obtained approval from Australia to takeover Felix Resources FLRFF.  YZCs bid is $16.95 and $17.45 including an extra 50c dividend due by March 2010.  FLRFF shares traded in ...more  
428
Discussion
Post by Grebmoolbon Oct 10, 2009 1:24pm

Yanzhou wobble as counter bidders wait

Yanzhou coal, after changing their subsidiary bidder from Yanzhou Australia to Austar Coal mine, have now told the FIRB in Canberra, Australia, that they will now consider floating the Felix Resources ...more  
635
Post by Grebmoolbon Sep 26, 2009 5:28am

Bid turns sour for Felix Resources

The bid for Felix Resources by Yanzhou Coal is turning sour.  The Australian regulatory board, FIB, has warned China about bids from State Owned and controlled companies.  Yanzhou Coal is a ...more  
853
Comment by Grebmoolbon Aug 30, 2009 9:32am

RE: RE: Yanzhou Coal in bid for Felix Resources

Though acceptance of the offer by Yanzhou for Felix Resources by the company directors holding 47% of the companies shares and recommendation of the bid.  It looks as if there will be a very ...more  
424
Discussion
Comment by Grebmoolbon Aug 12, 2009 2:16pm

RE: Yanzhou Coal in bid for Felix Resources

Yanzhou Coal Company has announced that their stock will remain suspended for up to 30 days for capital reconstruction.
425
Discussion
Post by Grebmoolbon Aug 10, 2009 9:10am

Yanzhou Coal in bid for Felix Resources

Yanzhou stock has been suspended from trading in Shanghai and Hong Kong, pending a takeover announcement for Felix Resources.
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Post by Grebmoolbon Apr 03, 2009 6:44am

Felix Resources

Yanzhou Coal appear to be no longer interest in the purchase of Felix Resources as that companies shares, in Australia, have come up from a market capitalization of just US$670 million to US$1.4 ...more  
626
Comment by Cdnxtrackeron May 04, 2008 7:28pm

RE: chinese coal

CEC.v going to rock on a JV deal in BCwith 2 very large coal players. Probablythe cheapest coal play going right now atjust .35cts and a market cap. of $16.8 million.Not to mention the CUM.v ...more  
455
Discussion
Post by amy89on Mar 13, 2008 12:06am

chinese coal

In a fast pace Chinese market that everyone has been diving into to avoid the american show down, coal seems to be a good place. With an increase in 13% in sales and net income of 5%. Coal will be in ...more  
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Post by masterlube99on Jan 28, 2008 11:47pm

News about coal

Here is a website that has current news articles about the coal sector: https://www.oilandgasconfidential.com/Coal.html
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