Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Pike, In the present bloodbath, beating Peel Hunt's 50p looks very surprising! :-)
Still my worst also. Holding on.
It was an illusion more than a miracle, back to reality ffs :-(
Blimey, worst share i own up 10%, miracle!
Tipped due for a rerate like we don’t know
That's good - I'll be happy with a two-bagger!
They were originally in my blue chippers, with Shell, 3i, L&G, Glencore - and the small penny gambles were for fun... (and poor returns)
hey that's out of order there is no need to be insulting. I'm not happy with this company's share performance but I've got nothing against all the mugs holding it because I'm one as well.
And I wouldn't say everyone's content with this performance.
everyone content, you moaning.
What a crap person you are.
Everything else rising and this is going down.
what a crap share this is.
Yea bought in around July 22 then again later after i could see things looking a lot better they seem well placed for a good turnaround so I’ll keep holding but any sign off not hitting there goals and I’ll be out.I see potential double 3 bagger here that’s why I’m not to bothered about divs they will just be a bonus
Me12345 - I suspect you are a rare, and recent buyer (up to 3 years?) to be in profit.
I have added occasionally at less than my 264p original buy, but then at 60+p.
Still hopeful of some decent return before I fall off my perch... :-)
Sell your shares and move on is an easy option im happy my average is 40p only 6000 shares here but showing nice return already .
A nice rise what 3p. laughing all the way to the bank not
Well there not doing one calm down nice rise today better than a dividend but maybe next results a small one restored
share buy backs are a complete waste of money . A lot of my shares have done this and its made no difference to the sp or divi.
"4. Returning surplus capital - after ensuring a strong balance sheet and cash position, surplus capital is identified and returned to shareholders through share buy backs or special dividends."
Share buy back is more useful than a dividend considering the value of the company right now.
I’d bet they’d rather do no divi and put a special one in later, utilities need these contractors too and a lot of work if gov cash comes through
Very solid results hope the outlook targets are achieved dividend who cares I would rather see 5p share increase then sell a few to get a 1 p div.Think there holding back on the potential preferred bidder contracts and will need good working capital for them good luck all I’ll be topping up if stays at this price.
this is going to drop like a stone all that cash and no dividend. I bet their bonuses are gonna be huge.
Most of my shares have reported good results but have all plummeted and that's before this banking crash.
The one exception is shoe zone and guess what they restored their dividend.
Comparing these results with the forecast broker consensus the eps is bang on and the profit is slightly better. The consensus is for a divi next year. I was hoping for a small one this time round but hey ho.
"As a result of the implementation of our strategy and risk management processes, at year end FY22, our order book does not include any fixedprice construction contracts."
This particularly stood out. Clear that after 15 years of beating, contractors are back on top.
I would have preferred the dividend back. He's being very cautious, but then things can flip very quickly in this game. HS2 money will be flowing over the next year so he's gonna have to pay it at some point. Be interesting to see how this goes now.
That valuation may now start to change as confidence gets restored to either growing business or takeover. There aren’t enough constains operating widely in uk for infrastructure project etc that also deliver,future can be good.
They delivered the A1 expansion near me, on time and really good job
SP is not the company - its an unloved company in and unloved sector - people are unable to separate housebuilders / material suppliers and the rest. Costain seem to be well positioned to take advantage of the current trends.
PE surely must be taking a look at this.
Very robust results - management seem very disciplined and confident.
One thing that stood out "As a result of the implementation of our strategy and risk management processes, at year end FY22, our order book does not include any fixed-price construction contracts."
Its these sort of things which makes a QS choice as CEO a good one in this environment of inflation, delays and liquidity issues
There is a lack of confidence which the market demonstrates. Cash is valued at 45p per share, its operations at nil.