Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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order book looks nice...technicals looking good imv
If that was the case it would have been more likely early lst year when it dipped into the 400's
Must be vulnerable at this level?
stochastic turning up, and looks like slater buying bodes well
Interesting to see how a fund is buying up the name in April an then sells off his positon - buy high & sell low!
Probably worthwile to step in here & wait. Good company in a niche position & if trading too cheap for too long a M&A transaction could lure.
didn't I read somewhere that they're carrying 330 MILLION of debt ?,,,,, oh no, correction.... "net debt3 expected to be below £330m" that's alright then!! with the anticipation that Proleukin income (among others) was going to be focused on debt paydown, well that plans just taken a hit
Read the RNS, EBITDA2 will be around £115m, not profit. PRETAX more likely to be around £85m I suggest.
Maybe they find the potential for a quicker profit elsewhere. Although Clinigen flags up a 12% reduction in anticipated profits this financial year, they still expect to show a profit of around £115 mil. This is a long way from being a failing Business. If you believe that COVID will at some point be under control, which will in turn allow societies and hospitals to return to near normal functioning, you will believe that this business retains the potential to resume year on year growth. A 30% reduction in valuation so far, on the back of this projected fall of 12% profit this year is in my view an extreme market response. Just a personal view
and lost a lot in the process.............B
the holdings RNS seems to suggest that Jupiter bought 5% in April and now reduced to 1%.......... wonder what changed their mind...B
Albeit one of the few AIM listed businesses that pay any sort of dividend. This is a profit making business that has shown growth year on year. The suspension of Oncology trials in particular explains the adjusted forecast. It is an unfortunate but unavoidable consequence of this pandemic, and it’s impact on medical services world wide.
Profits will start to rise again as and when hospitals shift focus from COVID to more generic medical needs, and research programmes resume. In the meantime I’m staying fully invested
"A possible 6 month hold for a good 30 to 40% profit is well worth it in my opinion."
perhaps Dodger, but on a share that thinks it's worth much more than it is, and at £6 (ish) a share, unless you want to go big on your investment, that 30-40% is not going to return anything substantial, certainly not worth the time if you have to hold long term, and as i've always said this one falls faster than a sinking brick but takes months to recover, not sure i'd want large sums in it, even the dividend is pathetic
looks settled at 590....I would be happy if it reverts to the mean .....to the level of 690 to 720 in a few days-
another big volume day .......... not sure what the free float is here, but 25m shares have moved over 2 days ... TR1s inbound from either givers or takers.......or are they in the hands of traders who will keep flipping after their 5 or 10%................ who knows and could take a few months to unravel this one.......still not dipped in yet, day 3 tends to set the trajectory....B
https://youtu.be/rf0gsfzIxpk
from 1 min 9 sec onwards
I am new to this stock so interested to hear how you guys value this stock?
If i look at ev/ebitda it is still at 10x even after the drop. Doesnt scream cheap to me. What am i missing?
A possible 6 month hold for a good 30 to 40% profit is well worth it in my opinion.
well i thought i'd be brave yesterday and take the chance to avg down while it was low... screwed the pooch on that one
with this additional fall, yeah, 6+ months before we get anywhere near 800 again i reckon
Good if u can hold for next 6 months tbh
I'm taking a position now . Not full in fundamentals still in place but could drop further with the weak hands over coming days.
Love stock that drop like this it what I do buy the fear
Not to mention stop losses along the way down...
Reckon simply a big seller...II marker prob triggered yesterday
As I said yesterday.... normally day 2 follows day 1 with a continuation of the drop and day 3 is when it is best to decide what to do when things calm down........... did say sub £6 and I am now looking for spare change, however still not sure where the bottom is or what is comfortable to dip a toe.... been all over the place this first thing...... hopefully are resident ramper feels less likely to throw a stone at me today....B
Maybe a 2 day trade instead?
Nd
26% down now looks like I’ve mis timed my buy