Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Sorry, I meant 320, lol 😂😂😂
Would be great to see it climb its way back to over 420's again.
The situations in the Middle East is quite worrying. Let's hope that it will not affect the SP of VLX on Monday.
One of the few moving up today
.....but the SP is climbing again.
Way to go VLX. Keep going!!
I don't think anyone will take the fools seriously.
Https://www.fool.co.uk/2024/04/18/could-dirt-cheap-volex-be-one-of-the-best-uk-stocks-to-buy-today/
Lol! I remember from last year with the dip in the afternoon - got in @ 300p. GL all!
Bought my shares back @£3, thinking it probably will test 320 again after a short retreat. Hope that I haven't made a mistake.😂😂
It has fallen back to below £3 now, typical VLX!! That's what have learnt from the past. So, I clicked the sell button without hesitation, knowing well that this would happen.
Berenberg says buy, but target price is only £4, the lowest from all brokers since Jan 2021.
Lol suppose it depend on what's your average price for the shares you're holding ;)
Six figures??😱😱you are brave!! Well, also you must be rich.😂😂😂
Good luck to you then mate.
Good for you, although you may not get the pullback wanted but should that happen I’ll also be adding. Hold 6 figures.
Revenue is now expected to be at least $900 million, representing an increase of at least 25% over the prior year, including seven months contribution from the acquisition of Murat Ticaret, while underlying operating profit1 is also now anticipated to be slightly ahead of analyst expectations.
The Company has compiled forecasts from five analysts with current market forecasts for the 52 weeks ended 31 March 2024 for revenue to be in the range of $849.8 million to $873.0 million, with a consensus of $859.5 million, and for underlying operating profit to be in the range of $83.3 million to $84.6 million, with a consensus of $84.2 million.
Profit margin is up -
Operating profit margins improved in the second half of the year.
Growth is organic, as well as from acquisitions -
The second half of the year saw continuing increases in organic revenue
Outlook - sounds upbeat and confident -
The Group's presence in attractive markets and its well-invested global manufacturing base offer significant growth opportunities. Strategic investment initiatives continued throughout the year to support customer requirements and will continue during FY2025.
In response to increasing customer demand, the Group invested in the further expansion of its global manufacturing base, creating additional capacity to facilitate growth as part of the Group's five-year growth plans which target revenues of $1.2 billion by the end of FY2027.
We enter the new financial year with confidence and optimism thanks to the strong momentum generated in the current financial year, improving market conditions in the Electric Vehicles and Consumer Electricals sectors, as well as an abundance of opportunities in the new Off-Highway sector. Our continued, strategic investment initiatives will support increased customer demand as we continue to make strong progress towards the delivery of our five-year plan."
Cashflow/debt - sounds OK -
The cash generative nature of the business provides the Group with flexibility over internal growth investment and M&A activity. Cash flow was very strong in the second half of the year, with covenant leverage at the year end expected to be approximately 1.1x.
Paul’s opinion - remains positive. I think this update justifies a move back above 300p.
I could see this share re-rating decently in the next bull market, so I think investors should be handsomely rewarded if they’re patient. It keeps putting out reassuring updates, despite tough market conditions in recent years. Overall - I think it’s cheap. (I've not looked at today's share price yet).
https://app.stockopedia.com/content/small-cap-value-report-thu-18-april-2024-ids-eman-nxr-vlx-song-995066?order=createdAt&sort=desc&mode=threaded
I think I have to thank better than expected full year results update. Hope that it will have a quick pull back to the 280's, which will give me a chance to buy my shares back before it climbs to another level.
Sorry, it does sound that I am a bit selfish, lol.😂😂😂
I got out @314.49. Was almost £3k down to almost £2k profit, what a lucky day for me. 🤣🤣🤣
“ Full year performance ahead of market expectations”, thats all you need to know !
Guess we may get a Full Year trading update soon, last year it was posted on 18/04.
Sorry Robina, that rebound was short-lived. I am hoping that this will go back up to over £3 again soon. Was in decent profit, but I am under water now. Should have stick to my plan and sold when it was above £3.20. Let see if I will get another chance then.☹️☹️
What was that about rebound?
Here comes the rebound Robina, let's hope that there will be more to come tomorrow.
I'd hope this is a long term play.
It seems everything is being knocked back at the moment. All my UK stocks are in the red, I think because of the general malaise in the UK. Even good results are met with sp falls.
It couldn't be less accurate. Final results are June.