Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. 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.
This article is interesting as it seems that air freight capacity constraints are building fast. Together with the ever faster spread of the Chinese plague and signs of governments already losing control even before winter is here, AIR ought to have numerous opportunities in the coming months to pick up extra business, despite Mark Briffa's very cautious remarks a few weeks ago.
"Stefan Krauter, chief executive of cargo-partner, anticipates that the demand for charter services will remain high: “Since the beginning of the year, we have received numerous requests for full- and part-charter transports of urgently needed goods, the majority of which came from the pharmaceutical, healthcare and PPE sectors.
“In recent months, we have also noticed a growing demand from the high tech and automotive industries. In view of the expected peaks in the coming months, we advise our customers to start planning early to secure their supply chains.”
Typical cargo shipped on board of these full and part charter flights consisted not only of the expected large shipments and the seasonally contracted repetitive shipments.
“There has been an unexpectedly high amount of very time-critical shipments this year, especially during peak months. We were able to ensure immediate availability and the fastest reaction times for such emergency shipments,” explained Stefan Krauter.
Other forwarders have also been expanding their air cargo charter operations over the last few months as it appears much of the bellyhold capacity that makes up around 50% of overall cargo space will remain grounded."
https://www.aircargonews.net/business/supply-chains/cargo-partner-the-latest-forwarder-to-expand-airfreight-charter-operation/
I do agree with you that Mark tends to be on the cautious side which is a good thing.. Quite why somoeone would sell 40000 shares below 60p is a bit of a mystery. Don't know if you read Paul's write up on Air recently on STKP he thought the sp was about right at 70p ish under the current climate. Quite a bit of money off the table recently. Wouldn't call it panic, more money management . This does create opportunities, one of which is clearly here. As Paul says 'these are the kind of entrepreneurs I like to back.' Although I don't think he has actually done that yet. Each to their own. Boo! I ask you.
With a MC of less than £40m and, in fact, only about £20m after deducting free cash, and profits this year likely to be some way north of £10m, the present valuation is ludicrously low. To be clear, I have nothing against caution as such. However, Mark Briffa has come across as downbeat and as being braced for rather poor results in the future, rather than seeing the strong recent performance as a springboard to future growth. The market reads that does not see that as simply caution and his coments are perhaps one of the drivers of the fall in the share price. Perhaps he does not get it, that the market is, through the now very low valuation of AIR, actually passing judgement on the perception it is able to gather on him as CEO. These kinds of perceptions and situations can end up feeding on themselves, as this one seems to be doing.