The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
I used to hold these shares years ago...... crazy price right now. My thinking here is buy and put them in the bottom draw.... don’t care how long it’s takes but this could a 10 bagger...
Gla
they have suvived fin crises and brexit....and corona has minimuim effect on here :)
madness for growth company.....furure earnings matter here
you can sell though :)
nt to buy....low!
they have good cash follow...and not effected much by corona. well diversified
algo's kicking in thats all....stops are always taken out, learnt it the hard way on cine...now up 90%
Huge debt, thats the problem.
I'm watching this share and waiting to entry but it seems to keep falling like a rock. I'm sorry for holders, it's painful to watch even without a position open
lol...
just ftse effect.... analyst remain ther tagert of well over 100p. so all good at this price. cine world up 80%...and it has closed its cinemas..../ what gives tak
I fundamentally agree, as stated before, but it does have exposure to Oil. A smaller one of its Divisions, Energy, sells a sort of industrial lubricant that coats the inside of a mine shaft when drilling for Oil, or fracking for that matter.
Even so, this is not big for them and also it has had a few years of downturn due to the lowish price and the retraction of the shale business.
funny thing is analyst maintain 150p target for the year....anfd yet this way sold off due the virus and is not in oil or social.....80% down now, and campany increased divi a few weeks ago....
chart is actually similar to CINE except for the rise bit ;)
Its just priced incorrectly. It should be around 100p mark give or take 10%.
The demise has been somewhat unexpected and unjustified. But we are where we are.
divi is now 30% agt current price....! :).....buys today will make killing here.....30% return y/y :).....
yes, and its no an oiler or in social industry....and is well devisfied and in growth mode. china is comming out of the virus, cases to bare miniuim...waht gives take.....! if mars can by up 35% when they have venues closed in the uk.....ELM will be 60%....as it corrects :)
and ELM is down nearly 20%
Marston Group....bought some of them as well. ELM will be much higher....it is not in social or oil industires...and has fallen 80%...:)
and they are most effected by the virus....and have shut down venues...
Future growth is more important, china is now comming out of the virus, cases fell to historic lows too. anything below 50p is steal.
to be fair they paid off £50m of the debt last year at a point when the mc was way higher..
Couple of their markets, Energy and Coatings, are in tough markets and their refocus into Personal Care markets for sustained growth is a strategic play that has added debt. I'm sticking with the upside on this. I brought more yesterday, brought even more today to money where mouth is. BTW I certainly don't get every decision right. Even if they come under pressure and reduce profit by 25% or so the divi yield will be exceptional at these prices. Many AIM stocks don't have any revenue, many don't make a profit, but this one does both and pays a divi so I think it has legs for more.
Thanks Mike, the debt looks rather high. That said timelines, when is the debt up for renewal, who are the lenders etc? If ELM had a secure credit line then it looks like buy but right now not confident they will not dilute shareholders if things get worse. Good luck to all invested here.
have a look at last results only published 2 weeks ago