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soz BANG SLAM DUMP
as for the confetti as said before will just have to ride it out and see if they keep killing the momentum
or let it rise with a more controlled exit not the current NEWS BAND SLAM DUMP
or my prayers are answered with a huge near term revenue deal and they can negotiate a better deal
to sent EHG packing
all I can do is wait and see
had plenty of practice ukog gcm orcp all 10-12 years so have patience in spades lol
hoping by the time the dust settles the revenues will have risen to those levels and yes my faux pas
on the P/E I knew what I meant lol
Having said that its more a case of where the market ends up viewing it's value as the P/E listed for many
shares in the current crazy market have little in common with the realities of their various good, bad or
indifferent balance sheets but being Main Market this one should unlike many of my AIM casino shares
they defy any sense of financial logic many with high hopes and SP of hundreds of millions, others
with plant built and about to go into production like two of my Gold miners KEFI £15m GGP £344M
Kefi going into Gold production , GGP multiple large gold targets but the principal one is set to be
85% given away to the major paying for all the development and in all likelihood the majors will
snaffle high % of the rest as time goes by, for me both doing nicely but near term producer valued
20+ times less than a still long term prospector seem kinda out of balance
Hoping Kefi fly's to narrow that gap once in production lol
Passiton
There is no doubting your enthusiasm for this stock.
However P/E ratios are calculated on after tax profits so your P/E ratio of 8 times revenue is simply wrong.
I suspect your ugly average will get a whole lot worse as the confetti machine gets into its stride.
There is nothing to stop companies putting out quarterly revenue updates other than the numbers don’t look that great.
however it gets resolved sooner hopefully much scope for ICON media sector and Main Market
even in the current depressed markets DMGT is still holding a market cap of £1.5 Billion, so on
world recovery and a growth platform in media and given the recent appointment to the BOD
would like to thinks they are thinking as big as the preceding reputation and 10% of DMGT
MC as a minimum future target 150 bags from current MC and still only a fraction of one of
the leading media groups, so the scope and potential for gains still remains even long term
after a consolidation of whatever share figure we end up with
no matter which way your playing it short medium long still see some gains to be made GLA
Sentiment is at rock bottom here ALEXA will change this hopefully agreement soon .
conversion of the minimum £2M at 0.01 is 20 Billion shares added to original so say 22 Billion
which hopefully it won't reach as new BOD (Sefton et al gone) have stated expecting to be
at least breakeven by H2 2020 and as more deals and agreements with more in the pipeline since
that statement, must now be looking at cash flow positive vice breakeven
One large near term revenue deal could be all it takes to break to a higher level where an alternate
finance arrangement could be put in place to remove EHG from the equation
In all likelihood the new BOD probably have feelers out to act quickly if the opportunity arises
well that's the wishful thinking on my part anywho
IF
as its always about Market Capital and not shares in issue a modest MC of £20M and 22B
would give an SP 0.09P (still 2 bags+ for newbie's)
if by that point revenues up to £2.5M at a p/e rating of 8 = 20M potential MC
as we are no where near that level at this point a modest market capital of up to £5m and SP
in the 0.10-0.15 certainly not out of the question short term if expected pipeline of deals
agreements, Alex etc pans out (again good for newbie's 3-5 bags)
Still not great for us longer term holders but at 0.15 I would be quite happy to just slice my original
November trades back out and banish the ugly average currently sitting in my PF lol
and the company have stated that things progressing and expect to be at minimum cash flow neutral by mid year
since then more progress has been made and diligence on further deals ongoing, so that should mean that mid
year would now be looking to be cash flow positive with more to come
Hope that helps, progressive company moving forward but might not reflect true value as quick as some would
like due to the timing of CLN's , as said if EHG use a more controlled orderly market exit than they have so far no
reason you cant still get a bagger short term or multi bag if they let it move freely before next tranche dumped
yajnas
deals and revenue increasing month by month but as you stated the financials have been blighted by legacy issues
the new business is thriving which will reflect eventually, the problem currently is EHG monthly conversion of CLN's
killing news rises from the outset
This is actually a MAIN MARKET share not aim which due to above circumstances it appears to behave like, once
it gets to move freely on news should absolutely fly to a more realistic valuation, was 0.14 when I first bought in
in November when all was expectation with the new business, since the deals and agreements have started to
flow along with future revenue streams
Back in November the chartists had 0.35 0.75 and 1p+ as upcoming targets, the legacy business finance then
bit even deeper than had been expected, however taking into account the dilution since but then adding for the
progress since, no reason half of the above targets could not be reached given expected further deals
and agreements news flow and being allowed to move freely at some point when not stifled by EHG conversion
Possibly against my better judgement I’ve taken a 5000 gbp punt on this
Can anyone help me understand the business case better... I find it hard to figure out tbh
It sounds valuable and an in demand company, but hard to figure out financials... would anyone know much about projected revenues?
lol yes apolgies. July 1st the constant sunbathing for 2 months has gone to my head and we're not officially even in Summer yet !
Seem to remember the line in RNA with expected revenues and conversions expect to be at least running
at breakeven (new contracts/agreements since so has increased) during H2 2020 (June-Dec)
The more news comes out , the further that should move away from Dec and closer and closer to Jun/Jul
not on my calendar Rameriz, it would be from the 1st July!
......that previous RNS indicated that in Q3 the company expected to be become cash flow positive from income.
Time clearly flys because thats from next Monday