Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. 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.
Not sure about correct figure as on phone but I think the price hovered around the book value of hayt recently The book value is approx 36pence hence the reason avg may have now started negotiations Of course there a several methods of computing a company's worth!!
Look at all the disclosures today inc British Airways pension scheme.We will soon be flying high.
I didn't want to sound to ramptastic which is why I'm thinking 90p. 💰💰💰
Hope vs Expectations... I'm setting my sights low so I'm not disappointed. Obviously I'm much happier speculating over £1+ per share lol
Maybe I’m in cloud cuckoo land, but all these t/o sp predictions look very pessimistic guys. In fact I’m proud to be topping the competition list at 125pps! Up until the 14/11/16 RNS the SP had been stable for months around 80p. Even then the finncap target of 113p looked unchallenging, and would have equated to a PE ratio of about 13. The industry peer group was much higher, eg Rotork on 17, with little obvious reason for HAYT to be lagging behind. Little has actually changed since then. It seems to be perceived (rather than real) concerns causing the current SP weakness. The business concerns seem to stem primarily from an accounting policy point, ie the orders thought to have been bookable to H2 2017, weren’t. So yes 2017 results are affected but it’s only a timing point. It seems to have become an issue because HAYT and RBS between them relaxed the financial covenants prematurely, and agreed overoptimistic debt repayment schedules. In trying to unpick that, it’s degenerated into a bit of a chimps tea party. But the orders are still there, and have just “shifted to the right”, and are flowing nicely now. Long term funding is connected and taking an age to sort out, but the most likely outcome is that it’ll be sorted this month, by revised debt facilities (ie term loans RCFs and overdraft). I say that because after a few short term extensions, the 6 weeks period HAYT and RBS gave themselves on the 16 March, coupled with putting back the financial covenants measurement, has the air of RBS and HAYT both believing it’s a long enough timeframe to sort long term financing once and for all. These are certainly challenging times, but the dividend is still there, the people and business and partnerships are still there, the re-fitted state-of-the-art premises are still there, the pipeline and orders are still there. The “bad news” for YE 2017 should all now be out in the open now. Speculation about wider financial problems and re-capitalisation through rights issues etc looks premature and without foundation. They’re the sorts of conclusions you might reach if you’re worrying and fearful about delays and think this means more bad news to come, but what actual evidence is there for that? HAYT and RBS between them have certainly made a dogs dinner of orders timing predictions and financing since November, but have given plausible reasons and timeframes now to sort it all out. I expect we’ll be sorted out and should be back up towards 80pps again by end April, assuming the AVG move comes to nothing. If there’s a t/o, then there’s no way HAYT should be valued less than 125pps if there’s no more specific bad news to emerge. All IMHO and WTFDIK etc
Wanglii.........52p Flundra ........125p Dannatt.........80p YouHavingalaugh....72p Dinoken.......100.00p graham-wales......90p Shan......65p? The Shareminator.....70p Rejlee....54p Stoned and broke....78p
Put me down for 78p
My punt is... 54
And market makers looking for more shares.
Might be a wee bit of fun if those interested try to predict the eventual HAYT offer (or equivalent) price per share, made by AVG or any other predator. Please copy and paste the entries to date below and re-post for others to join in if you wish to partake. By way of incentive I have a rather nice bottle of champers for the nearest successful guess. Postage will not be paid but delivery to the London area may be possible. GLA Wanglii.........52p Flundra ........125p Dannatt.........80p YouHavingalaugh....72p Dinoken.......100.00p graham-wales......90p Shan......65p? The Shareminator.....70p
Now taking positions.
Could they be shorts closing. Same thing happened at 36p
45k of block buying at 47p soaking up the sells. Predictions why not, I'm going to predict 70p but hoping for more. This company should be trading up there based on forward earnings and future cash-flow potential. Refinancing out the way would be a major boon.
By the look of things
Looks like they are tryng for them.
Couple of buys early on.
May up that to 60-70p!!!
Difficult to ascertain true value as many different ways of calculating company so worth Based on enterprise value... approx 55-65pence Although I have been wrong before!!!
Last seen at 36p 2 days before the the leaked possible takeover. Looks like they might gap this up again.
I'm sure this guy will want his money back as a minimum. 90p placing oversubscribed. Pursuant to the Placing, Maurice Critchley, Non-Executive Director of the Company is subscribing for 1,431,761 Placing Shares. This subscription for Placing Shares will result in Mr Critchley being interested, in aggregate, in 4,168,131 Ordinary Shares, representing approximately 7.56 per cent. of the Company's Enlarged Share Capital
Might be a wee bit of fun if those interested try to predict the eventual HAYT offer (or equivalent) price per share, made by AVG or any other predator. Please copy and paste the entries to date below and re-post for others to join in if you wish to partake. By way of incentive I have a rather nice bottle of champers for the nearest successful guess. Postage will not be paid but delivery to the London area may be possible. GLA Wanglii.........52p Flundra ........125p Dannatt.........80p YouHavingalaugh....72p Dinoken.......100.00p graham-wales......90p
How I wish Flundra to be correct but stick at 72p for me.
Might be a wee bit of fun if those interested try to predict the eventual HAYT offer (or equivalent) price per share, made by AVG or any other predator. Please copy and paste the entries to date below and re-post for others to join in if you wish to partake. By way of incentive I have a rather nice bottle of champers for the nearest successful guess. Postage will not be paid but delivery to the London area may be possible. GLA Wanglii.........52p Flundra ........125p Dannatt.........80p YouHavingalaugh....72p Dinoken.......100.00p
Might be a wee bit of fun if those interested try to predict the eventual HAYT offer (or equivalent) price per share, made by AVG or any other predator. Please copy and paste the entries to date below and re-post for others to join in if you wish to partake. By way of incentive I have a rather nice bottle of champers for the nearest successful guess. Postage will not be paid but delivery to the London area may be possible. GLA Wanglii.........52p Flundra ........125p Dannatt.........80p YouHavingalaugh....72p
http://haywardtyler.com/wp-content/uploads/2016/09/GCI-Report.pdf