Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Agree. The chart looks lovely right now too. Regret my side pot sale at the time of print, lol.
This is one that I am glad to have a core holding in though, for similar reasons to you probably.
Subject to the obvious caveats etc.
Add and trim 77p to 96p is the current range and only an RNS away from an upside surprise.
Nope. Just following a trading range that has been enjoyably predictable for a little while now, IMO.
Technical patterns which will not last forever of course, but as a business, with the current leadership, it is a stock that I am satisfied to have as part of a small section of my p/f, irrespective of said current trading range.
Subject to the obvious caveats and not investment advice etc. GLA.
Today lAT THIS MOMENT ooks like a re-run of
Thursday, April 04, 2024 83.00 88.00 82.50 83.50 5,919,539
JUDGING BY THE VOLUME
pump and dump ?
A very pleasing share indeed.
Around that, yes, IMO. Then stronger resistance at the 200 DMA.
Not looking any further ahead than that right now, personally.
Is the resistance 90p do you think?
Hopefully. But in the meantime, I continue to delight in this lovely little trading range here.
Have left a few in the pot, in case it does break out of resistance this time, but if we revert to 80p or so again on no specific news, I am going to add them back I think. GLA.
I see there's been a significant reduction in short positions recently.....hopefully there is bit of positive news generated over the next quarter and this SP can begin to grow again.
Wonder at the potential suitors still interested and circling?
Who they going to sell too?
Who will buy?
Why would they buy if william hill can't make any money in the unprofitable shops?
I'm not sure why they'd want a name similar to that oft stolen, self-combusting car.
Even made the local NI news - a very good sign imho.
https://www.belfasttelegraph.co.uk/business/uk-world/gambling-firm-888-says-revenues-beat-forecasts-for-past-quarter/a1437797806.html
Hoping that the proverbial market had priced in for a slightly behind target result, rather than slightly ahead!
Heading back to the £1 mark would be a nice change of pace :)
Spot on Morbox. ☹️
Sell the asset that completely destroyed 888 shareholder value in the first place, wouldn't be a good look
....Doesn't fit in with the over arching business model which is online. Unnecessary additional costs. Shop rent, rates, utilities, shop staff, regional managers, back office staff, HR, Accounts team, facilities and maintenance teams, real estate team.
Sell it and move on.
That’s always a problem!
Only problem today is the middle east
I am satisfied with that myself. See what the market thinks. GLA.
Per Widerström, CEO of 888, commented:
"I am pleased to report that Q1 2024 revenue was slightly ahead of our guidance, with strong player volumes converting into improved revenue run rates. Having lapped various regulatory and compliance changes during the quarter, and with increased marketing investment supported by an exciting product pipeline, we remain confident in a return to growth from Q2 2024.
I was delighted to outline our multi-year value creation plan alongside our full year results in March, and am pleased to report a strong quarter of progress against these plans. We are moving decisively and at pace to position our company for long-term success, and I look forward to providing further updates about our progress in the coming months."
Q1 2024 revenues slightly ahead of guidance; no change to full year expectations
UK and Ireland revenue down 6% in shops due to Government regulatory, which is William Hill
Why’s that? Their retail was better than online. Doesn’t most of our revenue come from retail William Hill?
Entain update today not good news for Friday
If this continues to rise though the afternoon, then results are better than expected ( and someone already knows )