Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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An RNS with a Shrimp in it would get my attention
...regarding new vaccines plant. Might provide a recovery point after a year long struggle...??
Yes, I hadn't quite appreciated what a problem the lice are. However, I'm also unsure whether BMK have the definitive treatment either. Found this Independent article which is quite interesting. http://www.independent.co.uk/life-style/food-and-drink/news/salmon-sea-lice-plague-outbreak-fish-farms-global-stocks-depleted-acquaculture-industry-a7955326.html
should remain, possibly up to the 50p level, after cutting through the 50 dma. Its been oversold for a while. Surely they must be making some money with all the sea lice issues that are prevalent at the moment. Quote from FT "The 2 analysts offering 12 month price targets for Benchmark Holdings PLC have a median target of 74.00, with a high estimate of 80.00 and a low estimate of 68.00. The median estimate represents a 105.56% increase from the last price of 36.00."
It's Ferd, the Norwegian investor averaging down, having driven the price over a �1.00 earlier in the year. This should have cleared the Lansdowne overhang and will allow the share price to drift back-up to more rational levels. It's also an important endorsement of the Benchmark business model. I'll confess that I found it disconcerting to see Lansdowne selling-down, given that they're so well-respected and had been here for so long. However, I do find it reassuring to see a Norwegian investor buying more equity in this aquaculture stock, given that they're the world-leaders in this field. Good luck.
How right you were Nimrod - up 16% today. Time will tell whether there's anything concrete behind this, or just a bit of speculative white noise.
be worth a punt at this price. Quite a few buys going through this morning
Yes indeed. I like the look of the company yet there's just something holding me back
Well thats a great rns.
Been watching these for a while but haven't had the chance to do much research. Who's BMK's main competitors (if they have them)? They certainly seem to have products that will only grow in demand with rising populations and greater reliance upon intensive food production?
we have to assume that lansdowne partners are still the seller...we didn't really feel the down-draft when they started 6 months back because Ferd were mopping up the stock. but i guess Ferd are now done and in the absence of another buyer, the chart is getting trashed. Let's hope they're done soon, or this level - which is undeniably attractive - encourages someone else to take the other side to accelerate things. lansdowne are smart investors so it's not great to see them leaving the register. But it could be for a host of reasons not necessarily associated with how management have performed and our prospects.I hear that they've been moving out of several mid-caps on liquidity grounds, for e.g. If it gets to 50p again, I'll buy some more...Good luck!
so, whilst I think the management here needs the proverbial kick up the backside, a 50% fall in the stock since January with little new news, and still holding some nice assets seems over done to me. I've previously purchased at 50p level (and slightly below) and feeling tempted here as well. I do think there's some assets here which are really interesting and which might be of interest to other Companies. Any other thoughts?
Looks like price is news driven, as stock is fairly illiquid with little volume?
...and we're back to 60p. Clearly the results and ensuing webinar have done nothing to please investors. Are we talking about a Company with some nice assets here, but a management that's clueless on how to extract value? I took a decent chunk of money out after the results which were lackluster in my view, but still have a holding which I'll hold onto at these levels and hope that the large institutional investors will shake up the management!
We will be hosting a results webinar with the management of Benchmark Holdings. The presentation will last around 30mins with time afterwards for Q&A. If you would like to send questions in ahead of the webinar please send them to ben.ferguson@equitydevelopment.co.uk To register for free and find out more please visit: https://attendee.gotowebinar.com/register/797626565017935027
Some nice insider buying yesterday!
Great news today, major salmon farmer wants our eggs.
Matt - webinar is on https://www.equitydevelopment.co.uk/company/?company=Benchmark+Holdings&c=wETO Bit of easing back after a magnificent £1.10 but good volumes so let's hope the messages are finally getting across. Still haven't had time to see the webinar yet, but finally have done my tax return so will have time this week I hope.
Wow - has hot 110 today!! Anyone know where we can access the recorded webinar?
interesting move Matt ! I failed to make the webinar as was preoccupied with HMRC issues (oops - what't the date!!) but was with my broker today who was on it and he said it made the business clearer, focussed on aquaculture, and people now "get it" better - s'pose that's helping the increase. I have not sold out yet but am monitoring for any drift effect - but looks like the only way is up for now. Will watch the webinar on replay and share thoughts over the weekend.
I sold about 10% of my holding at 102.4p this morning. New car coming in March so raising a few pennies to cover it...!
...the webinar went well yesterday, given the price this morning!
Unfortunately not - I have a meeting at midday on 26th that I cannot get out of. look forward to hearing your thoughts if you're kind enough to share them - thanks!!
Matt. glad to see I am not the only one unsure whether to like or dislike the results. As they say a transformational year...
loving the Blue Revolution tagline though ! Will be on the webinar on 26th to hear more - you ?