George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
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They buy back everyday
They should have waited a day to buy those 500,000+ shares - paid over 106pps !
Long term Should see it bounce back
The market certainly not impressed.
Let’s see if the market agrees!
Wealthoracle.co.uk/detailed-result-full/MTO/812
mitie group plc issued a pre-close trading update for the hy ended 30th september this morning. h1 group revenue is expected to be up by c.11% to £2.1bn while order books look very strong with c.£2.2bn total contract value of new contract wins and extensions/renewals. the business continues to expand acquisitively, £46m was invested in five higher growth, higher margin strategic bolt-on acquisitions during the period. the balance sheet remains healthy although net debt increased to c.£115m reflecting the higher m&a spend and ongoing shareholder returns. a second £25m sbb tranche was started today. guidance was also raised with fy24 operating profit before other items expected to be at least £190m underpinned by good ongoing trading and delivery of margin enhancement initiatives. valuation also remains very attractive with forward pe ratio at 10.1x top third for the professional & commercial services sector. last but not least the share price remains in a solid uptrend and has positive momentum accordingly. buy. ..
...from wealthoracle
***************************detailed-result-full/mto/812
Nice update.. again!
Sliced again at 103p no retrace since last slice at 96.5p early June.
Easy to see how you jumped to that conclusion, but you are totally mistaken.
Still not news on the hard services government contract!
It appears that the rise is not over yet. The company have also been winning bigger and better contracts, so I have no doubt big things are on the horizon. Happy to have got in around 70, those who got in even lower must be very pleased :)
This will go up steadily. I'm sorry that you are a bitter LTH. Better luck next time.
The update did not set the market on fire. Look at the price at the time of my post.
Look at the price and time of my current post. Underwhelming to say the least.
What are you on about.
That's a great update.
The 8th of June has arrived.
Am I wishing I had invested more? No. Some people wear rose coloured spectacles. I am not a troll, just a realist.
Sliced after reading notes below at 96.50p
18/4/23 Up 13% to 94p tried to sell half of rights 94.3p.
Note read rights 30/7/2020 at 25p.
Still well under on the two buys Jan and Feb 2018.
Back to the price before the massive fall July 2020.
How strange that over 21 million shares traded today yet the SP has hardly moved.
And as for just appearing, my first trade in MTO was in 2018 at a SP of 278.86.
The future looked rosy then.
Instead of looking back one year, look back 5 years. Ask yourself why it was over one pound then, but lost about three quarters of its value.
Everyone is entitled to their opinion, this platform allows people to express those opinions,
There are lies and statistics, creative accounting and the forever optimistic rose tinted glasses wearers, Oh, and trolls, but I am not one of those.
Just pointing out the truth, but clearly some people cannot handle the truth. If sellers outweigh buyers, the price will drop. That is the economic truth of the markets.
I am not a troll. Everything I have ever said, I will stand by.
For all I know, you could be a paid ramper, with the sole purpose of driving the share price up.
Interesting how you’ve only just appeared and sprouting negatively. Mitie are doing a share buy back, want shares and have paid competitive prices. Peel aren’t letting them buy cheap. Also, check the end of day trades and you’ll see the big buys which never get worked in hours. Lastly, look at the share price increase from the past year and get back under your stone. Love it when trolls appear, as if on a pay per post deal! Roll on 8th June, perhaps the day you’ll be bragging about how you bought shares this week at a bargain and wish you’d bought more…
The majority of share transactions are coloured red.
Much like the rose tinted spectacles of those who are viewing this this company and predicting share price rises.
Share price is doing amazing today after confirmation the share buy backs have begun. Glad I held on to my shares after the recent increases as firmly believe the company has so much more to offer!