Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Yea & it's only 2 weeks today to await their report which has promised to be spectacular as follows ............................
Kier said its strong trading performance, secure order book and improved balance sheet instilled confidence in the board to reinstate dividend payments in the current financial year.
The resumption was set to start with an interim dividend coinciding with the release of its half-year results.
"Kier has made a good start to the year, in line with our expectations," said chief executive officer Andrew Davies.
What about the index it leaves? Won't there be selling because of that? Anyway, so far today, breakout denied - but I think it will come
Seems to be climbing. And don't worry, when it's officially in the FTSE250, there will be plenty of buying.
I bought in at 127p a few days ago and I think it will tick up prior to the results being announced on the 7th - it wouldn't surprise me if we were around the 140p mark by then - the fundamentals look solid here as does future business prospects - I think the results will show this -
gla dyor etc
Still looks like a seller to me. Maybe when they've cleared we'll move up. Let's hope for a TR-1 soon.
Bring on 7th March! Then let's see the flood gates open!
I agree. IMO it is currently 50% undervalued so still a medium term buy for me....
Posts strong results, a very good indicator for what to expect here, with the addition of FTSE250 status and new impetus, I'd suggest the SP should also head upwards.
It appears the SP has been ' set/ agreed? ' by the market makers of the shares, clearly, to my way of thinking, the MM are waiting for news on the reinstatement of dividends and trading figures before deciding which side of 130 the SP should be. I think the SP will be substantially higher from these levels, barring any market correction going forward.
And if I have read it incorrectly, FCF is circa £130m with month end debt circa £200-£250m. I would hope RCF reduces to target £150m ASAP. I guess 9% of £250m is mildly better than 5% of £540m.
Where are you drawing 9% coupon from?
It's a 9% coupon. Who would lend to Kier at 1.8%
I don't think I follow?
9% aggregate principal amount means total over 5 years (until 2029) or 1.8% per annum? The RCF was 5% PA?
They have just reduced debt interest by 3.2% PA, as I see it?
I don't know how that cost of debt can be seen positively. They need to generate a lot of revenue at their operating profit target just to pay off the debt cost
There must surely be upward movement in the run up to the Dividend and FTSE 250 announcement in March. Also the half year figures will confirm the substantial cash generation. Only a few more weeks and then there will be a breakout.
More Broker upgrades would be helpful. Current level is still a great opportunity imo. Some patience needed with Kier!
With the Senior Notes / Debt now 'resolved' do we think II's will see this as a good start to invest seeing that the dividend declaration is due in the next few weeks? Time to step up and invest and qualify for the divvi?
As djframboise alluded, strong volume but costant overhead resistance means the share is struggling to get anywhere. Is there a seller?
I took both KIE and COST on the dip - think they will both do well over the next year or two.
Always useful to see the data in that format. I expect her table will be updated from end January values this weekend; FTSE Russell announce their indicative changes on Tuesday next week based on the values at close tomorrow.
Sorry link.....
http://www.stockchallenge.co.uk/
I use the 'ftse ranking sheet' (see Samantha's predictions to the right) on this, never seen it wrong yet
It's based on the closing MCap on Tues 27th Feb, announcement to confirm changes will be after market close on Wed 28th. The index rebalancing is then effective from Mon 18th March.
Could be tight for Kier at around this level, depending also on how other companies around the same level perform before then.
I read that the meeting to fix promotion / relegation is the Wednesday after the first Friday of March so therefore 6th March. Not long to wait.
On its way back to the ftse 250 come March, expecting institutions to start buying in advance