Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
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I’m gonna try join you Connie just bought another 10,000 and 8,241 not showing yet....
It will certainly be a good year, was looking at progress up to 30/9/19 compared to full year results last year in brackets. Revenue about 3.5m (1.4), carots sold 8500 (5805), tonnes processed 213 (189). So with last quarter to come, bearing in the 3rd pan coming on line in November, revenue shoul exceed 5m, they updated estimate in 3rd quarter update to between 310 to 335 tonnes for year end. Will be interesting when released.
2019 will be a great transformation year but I suspect due to unusual one off and restructuring costs we may make a gross profit but net earnings may still be negative. Fingers crossed.
Indeed they can tell us production but only an estimate of stock value. Also it takes time to accurately ascertain debtors and creditors and once known you have to calculate tax current and deferred.
I’m actually wondering how they can produce an accurate Q4 report before the results of January’s tender are known. If left until after, that would then give us a figure including Nov and Dec production and sell prices. Maybe I’m wrong but it kinda makes sense!!?!??
With no Q4 report published to the date most of us had expected, it should either be brilliant or worse when it lands. Hope chairman is not looking for what to make an excuse if it is worse just saying considering delay. Have a feeling that Q4 report will be out by this friday, maybe with heading Full Year Report (that's why our chairman wants it be crispy). If the report is better, not bitter and out by friday, all of us needs to fasten our seatbelt for experiencing good or bad turbulence cause Mike may be thinking of creating momentum of share price rising continuously with support of tender result following week another Friday where both December and January production of shining diamond will be sold to create double whammy wealth to the company.