Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Great thank you guys, may well buy an extra chunk here pending the price this week. I have not entered here with a target but looking at a 6-9 month time frame, no doubt staycationing will also go on to help this sector big time- can't see why this won't be at the same level as RBG before long (or even MARS if they can follow a good enough distressed debt strategy)...
JK.
You mentioned a reversal.
*****
Due a top up this Month,was looking for 14p although it looks like it is now on the way back.
I was assuming a few profit takers, however, I think sales are now in strong hands, only a few large lumps sold.
A few more days wait and I reckon 15p it is.
ATB holders.
You mentioned a reversal, what is your buy-in target to top up here? I can't imagine it will go below 13-14p before things pick up again tbh
Looks promising about intended expansions (hopefully to be announced over the next few months):
https://www.bighospitality.co.uk/Article/2021/02/08/Fulham-Shore-Franco-Manca-Real-Greek-to-restart-expansion-when-normal-trading-resumes
Well bought almost 1k here at 15p, looking toward 6-9 month timeframe. Hoping in that time that these will continue to make acquisitions and make money as things reopen. Cant see why RBG is 30p and these arent when Rbg are up to their eyeballs in debt and have almost just as many establishments
Have these hit a ceiling? Or are these set to increase post-lockdown?
******
These have had a nice rise whilst closed, IMVHO they will now just be a slow burner before taking over some distressed leases.
This expansion will see growth in the SP.
Profit takers are currently controlling the price which is normal....personally awaiting a reversal to top up before reopening.
ATB.
Have these hit a ceiling? Or are these set to increase post-lockdown? Judging by the past performance, they've been seemingly stagnant around 11p for years.
Australians have been going to the pubs and restaurants (based on reservation numbers) twice as much as they were before the pandemic. Great sign for UK pub and restaurant stocks.
Loads more articles like this online too:
https://www.just-drinks.com/news/australian-on-premise-rebound-a-harbinger-for-rest-of-world-analyst_id132599.aspx
May well invest here alongside my COM shares too
Agree TBS - Finance Director increased his ownership to 2% in February - think he sees this doing well this year!:
Mr Wong's beneficial interest in the Company's Ordinary Shares increases to 12,388,449, equivalent to 2.00% of the Company's share capital as enlarged by the Option Exercise.
Furthermore from the Trading update:
The Company's net debt, before lease liabilities recognised under IFRS 16, as at 5 February 2021 was £5.7m. This compares with net debt of £9.5m as at 29 March 2020. The Group therefore has financial headroom within its loan agreements of circa £20m
Much better position than the likes of RBG in my opinion as so much less debt to worry about so easier to take on new sites at cheaper prices because of bankruptcies and increased vacancies from the damage COVID has done to hospitality and grow into the recovery this summer and beyond (fingers crossed vaccines etc continue to go well for us all)
SP seems very high to me at the moment, lots of profit taking, may wait for this to fall back before investing here
I do feel this share has the potential to do very well moving forward. There are some great deals for them on new sites, and it seems they are well positioned and minded to acquire in good locations. I’m on board for the long run.
Same reasoning could be done with Fulham #ful.l, but the quality of the biz is lower than RICK:
??Renting -50% (1/3 costs)
??Deflation in COGS as GBP is surging (1/3 costs)
??LfL sales ??+ higher penetration delivery service
??VAT?
= FCF x2/3 from Pre-COVID + multiple?? = x4/5
From my twitter
Unicorn UK Growth Fund have 5% which makes FUL one of the larger holdings. Fund is small £100m but has some good other holdings and this is a good indicator that they expect FUL material growth. With money available acquire and open more sites at lower costs than pre-pandemic, the future looks very promising.