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Time will tell ! Either way share price sustaining regardless of opinions !
Or a Kist wish list?
Kist
He looked more like AA sealed with a list
Did you notice Don Quixote there?
Just drove passed Kemphill windmills not long ago....Turbines easy doing 60 rpm and you wouldn't think there was any wind.....What a cash cow Cross has masterminded in his portfolio for renewables !
BJoe, if you had traded around a core position, you could have made plenty. Switched cash to TRIN and SLP, but hoping to move back here if it drops back to support again, but don't mind if it doesnt. We are in or about to go into recession, so i'm changing strategy and taking decent sized moves now as will be a while until economy recovers .
My guess, sp back knocking on 60 before end of week,
SP once again on the slippery slope down.
Quite a familiar pattern over the last 8 or so years.
TC seems quite happy to be making use of the cash pile so why should he worry about spending it elsewhere
They have been doing well last few years good company a lot of dept but good assets
Good luck bud
I’m not invested currently Huddersfield and don’t intend to in the near term.
It is a strong business with limited downside risk. Upside I am not as confident. Not really the fault of TC, more the investor appetite for this type of company (from an M&A point of view as well as retail / institutional).
My only oil share is Enquest- making a lot of cash at scale and rapidly deleveraging - and like here going nowhere in terms of share price growth. They will at least be in a position to pay a dividend soon which will make the SP look ridiculously cheap.
Mrc, go back to sleep lol..
We're swimming in cash gas prices keep climbing
Your in a good spot on aim,
Sit back chill and count the penny's just remember to sell when you think we're about to get an rns saying the cash is been spent lol
Cash is only any good to provide security or once it is spent on profitable assets. If they can’t spend it then it should be returned to shareholders. The spending power of that cash is reducing every day.
Exactly a year on and the sp is exactly the same!
However, the difference is the current and foreseeable gas price is much higher and the cash pile is growing in terms of asset value/sp by equivalent to 1-2p per month! The company is profitable and has purchased renewables that generate cash and profit. Current risked PMG valuation around the 160p mark.
PMG is actually quite a tightly held share with a good 55%+ in directors and institutional hands and I am sure there will be a few private investors under the 3% radar. It would be interesting to know exactly how many shareholders there are?
We just need some news and buying pressure to shift PMG into gear.
Cash been coming back to share holders each day, for the last mth and continues hence your hear backing them,
Robs
What is your beef ?
"Everyone knows that cash is not coming back to shareholders any time soon."
Other than to Tom Cross of course, on his £500K+ per year salary... ;-)
€14.5 million euros revenue up to 30th June seems like a good return for any share holder considering its more of the same in the next 6 months.
Cross has been bitten once but twice shy......Ask Mitch CEO of Serica if it's a fair world.
Parkmead currentley valued at £1.64 and we are sitting at £0.55
Cash is king and Parkmead have plentiful !
Everyone knows that cash is not coming back to shareholders any time soon.
Until TC actually spends some money, this should be rising by at least 1p per month or more as the cash pile grows.
Currently, cash pile growth appears to be outstripping sp growth, if that makes sense!?
May even run through the resistance.....Oil has to come out
Davaar being mentioned as a possible drill !
GPA going to happen....Skerryvore be next year !
Why would it drop there swimming in cash ..
Up 25 percent, so had to sell as needed the case. I hope it drops again for another buying opportunity, but if it doesnt good luck folks.
Strong volumes on the rise, double bottom formation waiting for confirmation, I think this could be it....we'll see.