Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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....she sounds like a fox
This will rocket next Werk.
looking good for a rise
yep...sentiment and waiting/drift
comments on no fundamental basis, actually compaired to other chinese companies this one is pretty sound. still though if it does go sub 3p im certainly willing to fire more bullets and build a larger position for the long term
this time round
All you need to research with Geong is the number of red flags . A possible way of making money here is through buying at sub 3 pence with a view to selling if the SP riese above 4 pence.It works for me although the threat of a belly up or de list is constantly there as a threat. Only for the reckless imo.
I see you have done quite a lot of research on this particular one. Would you please share some of that for the inexperienced investors like me? Thanks
we can preach the facts all day. invariably the stock will be ignored untill a day like AYM is having today when people are happy to get a piece of the action for twice the price. but saying that its the fickle nievity that makes me the money, if investors were logical we would never see there opportunities. atb, in the end we will be payed well for our patience without the risk of buying on spikes
Cash balance at 31 March 2014 £3.5 million (2013: £4.6 million) Surely with limited shares in issue this will explode on next morsel of news!
Agreed taken a small punt for 50k of these. Will leave in the portfolio. See ya all @ 10p +
i hear what your sayin fella but that doesnt change the fact this is ridiculously undervalued! i didnt sell at 7p as it was still far too cheap, either your all mad or im dillusional but im betting on the former! have a great weekend all
care to share, bear ...no news expected for yonks ...enjoy yr w/e, all
- Cash balance at 31 March 2014 £3.5 million (2013: £4.6 million) - Trade receivables, including accrued income, decreased to £20.1 million (2013: £22.1 million), principally due to exchange rate movement - Order book £10.2 million (2013: £9.5 million)
After the recent update, care to share why this should hit an intra-year low again ?
sub 3p
lost for words, absolute madness at this price. literally a couple of grand worth of sequencial sells have somehow walked this down
mad sp right now. only a few sells in sequence have pushed this so far down. has to be the best bargain on aim atm!
Sorry second line should read Invoiced not involved.
A key figure in the accounts. Trade receivables increased from £3.04 m to £5.81m. That, I think is the value of work completed and involved at year end. This will be converted into cash in the short to medium term. Meanwhile accrued income (work done on projects not yet completed) fell from £19m to £14m. This is the figure we have all been concerned about, so this reduction ie conversion to receivables is hugely significant. Once the receivables are collected I can see the cash balance increasing by at least £2.8m to over £6m, easily enough spare cash to pay off the CULS in December
yeah, agreed. things should move in a more considered fashion now the cat is out the bag and the short term pi have beer money. 10-15p sounds reasonable. with upward trajectory in results i think people will be thinking more long term. ATB
Last time round for me holding a lump at 3.75 sold 1/3 at 7 then 1/3 at 10p kept watched 13 come and go then the dip below 6p and sold..bought back in again 2 weeks ago at 3.50..will just wait this time for 10-15.. Although personally with this news, cash in the bank (which most pi assumed was a myth) the mk cap should be at least 12m and the s.p around 15p...just need a few large buys on Monday to get it all going again..GL...
I'll hold and see how this goes next week! It is nice to see a BB not populated by utter bar stewards though :)
yeah, feels like it. its the only stock im not afraid to be in atm. from here we should see a steady uptrend as the good news and projected growth are factored into the price. sooner or later it must be rated to the value of cash in the bank at least! 10p i think is quite short term but would probably tempt me
The way they call them Audited Results and then at the bottom feel the need to clarify that they are not audited by a professional :-)