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Just thinking maybe Mikhail needs help on the BE side to close some contracts or needs replacing by someone else:
Discuss
Capa was that really necessary setting up a new false account to take a wind at Knuttie?? Why cant we just all act like adults for once and discuss and promote this wonderful gem extraordinary profit incredibly underated company .
Drifter, Daisydog you both bore the plants offme, nothing & I mean nothing positive to contribute.So with regret you are fired, into the green box with you both.
So we are a UK Jersey based company operating in South Africa.
Surely there are other examples of Similiar companies with setups like us eg, Evraz, BP, Glencore, Rio Tinto (ive not checked on these so just presuming) I bet they are not tarnished with the same brush in regards to Sp.
Also what a lot of people fail to see is that Bushvelds main currency is US dollars not ZAR . In all tense and purposes we are in effect a satellite company operating overseas.
And whilst i'm on a roll heres a few more buy ratings :-)
https://uk.tradingview.com/symbols/LSE-BMN/
https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=BMN.L
For the Record yes Daisy is right in regards to me using sales against market cap , where as I should of used profit! (before or after tax lol)
But also remember you need sales to get profit . The main point I was trying to get across was when you add up all the numbers and values of the the bushveld empire, it comes up to a ridiculously higher value than where we are now???!!!!
It's not about not handling a challenge. You aren't worth a serious reply. It is about how pathetic you are and how not worth anyones time your constant childlike moaning is.
If that comment was addressed at me Daisydog our resident idiot deramper then you are a bigger fool than I thought.
Grow up you child.
By the way I noticed that the sellers appear to have made their moves around 8.50 onwards.
What time did the negative posters start up?
And the usual replies from our resident idiot ramper. No doubt FB will be along too. If you really think anyone would need a low entry point when the SP has been in this range for months now you need a therapist. And I can assure I'm not looking to buy more.
Daisydog a simple question for you. Why do you so often appear to be talking your own investment down? Why are you so often at the centre of negativity?
Please don’t dodge the questions. Just honest answers for an honest investor like myself. You see I can’t understand your logic. It simply defies all common sense to spread negativity about your own investment, especially when the company is as good as BMN.
Daisy would you agree that my last comment on my last post makes sense though?
Gambit just posted a financial analysis that makes no sense in valuing a company. Iits sad you cant handle a reasoned challenge to that . I'm happy to see a response that makes sense.
Moments like this are when our resident swingers club have to show their hand because they need a retrace. Keys in the bowl and pick a deramp.
The thing people need to learn is not to give them the time of day when they are being positive too.
Disingenuousness seems to be more contagious that CV19 in the UK at present.
I agree profit is profit but sales is still 186.3 million cash coming into the company, its whether you choose pay your tax bill and overheads at the time :-) ok so maybe that was a bad example. I slightly disagree with your last statement in regards to a 10 year old car to a new one.
The reason for this is there is not a surplas market of Vanadium kilns within the world (I personally dont know of any for sale unlike bangers and new cars) so therefore Vametco and Vanchem are both going to have a far higher value ratio against new kilns, does that make sense.
Gambit. I'm no accountant nut I don't understand your logic there. Sales revenue means little - its profit on those sales that's important. I agree that we could be argued to be worth less than the sum of parts but once again you cant look at the cost of a new build to value an asset - like saying your 10 year old banger is the value of the new model!
That's what makes current SP a farce . Or a joke its not showing its true value even at moment before Bushveld Energy takes off
So ive just been looking at the latest flash broker note by SP Angel:
What I find astonishing is that last year sales were 186.35 million with a cash flow of 6.75p per share and yet our Market capital is less at 174.39 million
This is seriously not correct???!!! as that would mean all our assets within
Vametco
Vanchem
Brits
Mokopane
Lemur
Afritin
Bushveld Energy
IES
Enerox
VIP Platform
$34.4 million cash in the bank!!
all have no financial value????
And yet for example if you were to try and fund/build a replacement plant with an output similiar in size to Vametco i'm
sure you would get much change out of $250 million !!!
Seriously what would you value all those assets at?