Roundtable Discussion; The Future of Mineral Sands. 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.
Are you sure, the management are not strongest. Intangible assets 85m and interest payments 4m, AR 35m. Does not appear to invest in infrastructure to support growth.... Management of business is my issue, the potential is there but i suspect there may not make the best use of the extra firepower. GL..........
..if they begin to manage working capital effectively, this becomes v v interesting proposition imv ...with placing at 20p giving some fire power, I would be Jolly excited
Hi Jolly, yes an update on this would be nice. The results shouldn't be too bad either. Wish I had held off before buying earlier though, still think we should be ok long term.
The Group is making considerable efforts to reduce the amount of its receivables and is confident that by 31 March 2013 its receivables position will have improved substantially.
You sure?
tapaaaaaaaaaaas? quarterly operations update? clearly he has no interest in arresting the slide of the share price
Um.......I don't see any results, just a few DVDs on shelves isn't it?
Cracking results - market to respond IMO.
To buy 10,000 shares = 18.6p * To sell 10,000 shares = 18.0p *
though...which helps unblock the lav ...joke/pun: wc
from the way the MMs are behaving it looks like they want to change direction soon. the problem is that the company is riddled to the core with manure poet me
Guys, just topped up to get my average below 26p. It's probably going to show as a sell as the price paid was 19.001p. Just tried a dummy sell to see the true bid but could not do it other than through negotiated trade on Halifax. Not that I would have sold you understand - bargain at this price.
Upside robbery! ... worth a whinge? ... or possibly a rant?
the amount of cancellation is [expletive omitted]
of 195,950 - must be mm's business, don't make sense. Otherwise little volume. Company financially stable, hoping for better figures soon. In answer to my previous question - PAT = profit after tax, thanks pablo.
Stranges trades apparently being cancelled - perhaps they realised the MMs were having a laugh at 15p!
nice one Rivaldo - didn't realise the RNS went on into more detail, when I see the authors and tel numbers, I think that's the end. (however, PAT? what's that stand for?) CEO buying that many shares - excellent news. Riddler - can't find anything on the v.busy GC except KN's comment @ 7:15 today. Results - don't think there's to be any further results published till May?
Great summary - will be looking to add asap gl
Interesting RNS... - placing at a premium at 20p (though why they couldn't have done this at say 40p I don't know, since the whole market seemed to know/expect it) - substantial participation by the CEO, taking £772,0000 of shares - profits to March'13 to be similar to or higher than last year - in talks re final funding etc of Jungle Book film for 2015 release - maiden dividend promised this coming year at 10-15% of PAT could be quite substantial! - "substantial" improvement in receivables and cash flows expected for this quarter Today's RNS has to be very good news overall. In summary: - DQE are saying they'll earn a minimum 16c per share for the year about to end, i.e around 10.7p EPS. Even on the new 56m shares in issue for the coming year, a $5.9m PAT would equate to around 7p EPS, against the current 19.75p share price - a 1p dividend would represent around 11% of last year's PAT based on the new shares in issue, so that looks reasonable going forward - given that we're now at March 14th, DQE must be pretty certain that the "substantial" improvement in receivables and cash flows has actually happened The forthcoming results should make DQE look extremely cheap assuming the above.
This is more like it, s/b over placing price later today gla
was thinking the same thing re walk down!
Dilution/results/dividend and directors taking part in the placing at a premium to current SP, overall probably a decent RNS, dividend should start to help attract new interest
Wonder how much the sp has been walking down to meet this placing price, although it's walkdown overran. Massive increase in shares - 55% increase in total shares by my calcs (35m up to 55m). It's definitely better than the usual placing discount anyway. IMO will back up to above 20p today, probably @ 8a.m. I need them to get much higher, my last buy was @ 21p but my average much higher.
Current shares in issue 36 million and an extra 20 million via placing making 56 million in total... so I presume the PE ratio will now be 5-6? Still cheap and suggests a 0.5p dividend is probable next year?
I put a hold rating (for now) because this is a significant number of new shares so the PE ratio calcs will need reviewing but it IS a positive development. gl