Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Many thanks BD and BB: I've just put in fill or kill for tomo am! My sentiments entirely but I just got tired of waiting over the last six months so took a meagre profit from 37p. Look forward to better return this time around and best wishes to you both too.
This is now a very strong buy. Fundamentals looking brilliant, and to back up looks like a Cup & handle may be forming with moving averages looking tidy. I think we'll hit 100p soon and then could head to 140p.
sub 80 was definitely a bargain.. not sure why it dropped back after climbing nicely earlier this month.
Bargain buy
Performed strongly throughout lockdown
Always seems to be good news coming thru
Bit difficult to know if it's trading 'well ahead' or 'back at' pre-covid level? Anyway i guess either is 'positive' like it says on the 'AGM and positive trading' announcement!
lol, terrible
oversold!
That's better!
Not sure how impressed investors are meant to be by a video of the CEO presenting and talking rather like Prince Harry and spouting on about ESG and mental health and talking about being at the start of our "journey".
In the results recently, the financial officer made the statement as follows:
"Going forwards, the Board will target dividend cover of 3.0 to 3.5 times earnings in a normal year, after adding back non-cash related exceptional items, such as amortisation of acquired intangibles."
Sorry to be a bit thick, but earnings per share were 9p; what earnings is he taking as a normal year? Non-Covid affected, which would be substantially more than 9p? Anyone got any insight? Most recently in 2018, 100% of earnings were paid out (https://www.fidelity.co.uk/factsheet-data/factsheet/GB00BD736828-air-partner/dividends). Any opinions welcome.
Yes, some nice momentum now. Looks like investors are buying in anticipation of a bigger rise once travel restrictions ease. The SP was good value even before the covid mess, and the fact AIR has come through this somewhat unscathed should be a reason to buy in for everyone else..
Just speculating because of the value offered and the discount due to the pandemic. Looks like we’re sustaining some nice momentum here now.
yes, would be nice to see a continued rise up and above £1.
what makes you think a takeover on the cards?
It has been a long wait but great to see us push back into the 90s this morning. While it was clear for a while, I don’t think the market wanted to touch this simply due to the perceived sector.
Now the results further show to those who don’t understand that Air Partner was able to benefit from Covid in some areas of its business, but will also benefit from the economy reopening in other ways.
Be nice to see a good push beyond £1 over the next weeks.
@kadavul
The combination of the seemingly "generous" LTIP awards and the one-off bonus the company received from the early covid transportation contracts influenced me to sell my small holding this morning.
When normality returns this company may well hit a growth stride and I will be watching and may re-invest.
Obviously others may disagree and we all have to do our own research and make our own decsiions.
.... whereas the long term shareholders rewarded with 1.8p per shares not to mention the fall in share price. Not impressed :(
this has been a long wait
agreed
Very nice green patch on an otherwise very red day for my portfolio
revenue: 71m£
profit before tax: 9m£
Total equity: 21m£
ROE= 9/21=42%
net operating cash flow: 14m£
EPS=9.4
SP= 85
P/E=85/9.4= 9
sp cheap imo
...very good.
I think it’s going to retest £1 and break out soon.
This is a possible takeover play in my view.
This is looking interesting. Strong rise prior to the results: are the MMs really so cynical that they'd jack the price up to the results then drop it? Then again after the lows it's seen over the last 2-3 years, a huge sell off wouldn't be unexpected.
Does look strong here lately. Was hoping for some corporate action with this company to be honest. Either way, great value at this level.
The good update has ben well received and share price is recovering, hopefully get up to resistance in mid 80s soon.