Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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Please Ignore previous post somehow managed to post on wrong Forum. What a Doughnut...
Looking to add but going to hold off until next weeks trading update, See Blackrock has added to holdings in todays RNS
I know, ridiculous news flow for a once half decent company.
Fund raising? New meaningful order wins? Takeover from somewhere? More bad news? Listed in 1998 and hit around almost 500p at one point?
Did the last results warrant a 35% decline in share price?
How much damage did Phil and Nick do to this company?
What a strange (excessive) amount of low volume sell trades today, practically all of them below 500 shares each, it's almost as if someone was deliberately trying to lower the bid price???
I certainly agree Chrisjse, but obviously Mr. Parker does not ! Sad to see him selling so soon after his purchase.
I would have thought significantly reduced borrowings was very positive!
Suprised this chat is so quiet following interim results, not much positive to take out of that except the aerospace increase, shame it's such small section of the company.
I keep looking in at this company and it's clearly struggling but surviving and limping along. Talk of hoping or suggesting financial year 2025 will bring in more blue chip customer orders when markets are expected to recover.
I think the 'market' was hoping for better and I don't know what needs to be done to turn this around to what looked like better days. Listed company since 1988?
A good achievement in a tough year:
"We made excellent progress on the key strategic goal of improving the Group's cash generation with cash generated from operations of £11.4 million (H1 2023: £0.5 million)"
Carclo’s market in medical devices is projected to grow to over £700 billion which considering they have a valuation of £8 million makes for incredible potential.
If the settlement payment has put a big dent in their debt and their margins have improved the next results updates could be the start of a major upgrade!!
Get in early before the rise.
If they can get the share price up to a £1 the directors can award themselves as many shares as they like!
Seems positive.
Using the contract compensation to boost the bank account seems very sensible.
163k buy trade completed above the ask, and the stock ends down. no corresponding reported sell volume. seriously ****e level of transparency for a company with a full lse listing.
… and revenue is forecast to rise to £155M and £166M.
Hi M, in short, no. They don’t quote who (brokers) are quoting what. All I know is that since the results the forecast profit, eps etc has moved from 2023 & 2024 to 24 and 25.
Am very suspicious about these revised forecasts, do you not have more detail as to exactly which brokers have made the forecasts ?
I subscribe to Stockopedia.
Hello Beza, where exactly did you find these revised broker forecasts, because I am of the opinion that not one single broker has put a forecast out in the wake of the recent figures. I will be very happy to be proved wrong !
Interesting to note the revised broker consensus forecasts, which have been updated after the recent results. 2024 profit predicted at £3.3M giving an eps of 4.5p and for 2025 its £5.8M with 7.8 eps. It’s the debt that’s the concern.
15.5% spread !!
Frank speaks positively about the next 12 months but the results illustrate the challenge
Tough 2022, improved outlook in 2023 with a reduction in IAS19 pension deficit the best this will get to I suspect —
Are we due good news tomorrow? What is needed to turn this company around?
I guess steady boring growth. Trouble is we never see this.