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.
I’m holding out for £15
I never thought this would go below a tenner
How wrong I was, but I’m not making the mistake of thinking this won’t go above £15
You also must keep in mind that, at least round here, every Wetherspoons pub is heaving day and night, in contrast to almost all others.
While looking at excellent profit, I must keep in mind that JDW.L was £14 even in the Covid times (April 2021) and there remains plenty of upside. I could be tempted to sell half of my holding at £10 or £12, however.
Bigpu I do take the point of your post, I submit it is a trader's view. Long-term, if the estate is worth double, wahhayy! No critisim of traders, I do both.
To re-revisit this ancient thread, it's 1 month and 35p up since Uncle_Doug advised us to get out of this. Who knows what the future holds?
Just peaked 710p, thank Sod's Law & you for selling?
I sold yesterday at 693 ....now 700 lol
Wjt, should we have sold when we could (no imo)? This has no ceiling, nor floor, beware.
Interesting scenario as clients increase with closing of surrounding pubs just as long as serious recession does't show up like it did in the late 1970s.
Fingers crossed and so far so good.
Wjt, it appears it might have. Good news the peak has a plateau rather than cliff behind it? As ever, we shall see, in time.
Broke, ensured/insured? Or guaranteed, or preserved? You mean?
In terms of share price projections, the next 12-24 months will be interesting.
I can see customer numbers going up as small hotel/pubs, tenanted pubs and freeholder pubs close in one way or another. Do they go for growth or continue to pay down debt? I hope the former
I wouldn't get too excited about property value/revaluations. Yes it helps with going concern assessments, but management have no incentive to make a huge non-cash profit. They could actually be accused of having an inefficient property estate if the City knew the true value and their trading was below-par, so it makes sense for them not to revalue
no idea
Peltata- it could be that a revaluation would obviously result in a much higher property value, could this then be used by local councils to increase business rates? If this is not the reason i have idea and if it is the case why haven’t councils insisted on regular revaluations?
Shorts will be leaving soon hopefully. The property sales ensured any profit this year, but that trick can’t be pulled again
Was hoping the shorts might close ...but sadly not ..bit concerned the pullback in sp on Friday,hopefully the sp hasn't peaked
I can’t understand why this would be given the rise in property prices, unless it is to the company’s benefit. Not sure what that could be but if a recent valuation resulted in better borrowing rates or tax deductions you can bet it would be done every year.
Apparently not been valued since 1999
That’s correct. The city central property assets haven’t been valued in years, and we all know what property prices have been like.
Some tough decisions have been made, which gives me confidence in this stock Conti using this upward trend
Wjt123, I managed to ride this down from £9 to £6 when Tim started selling and then waited for him to put his money back in. I went long at £5, added again at £5.75 & £7.06 . I always average into a position but happy now to hold until Tim starts selling again. I think the results of the pub disposals should shed clear light on the estate value. It's not been valued for years if I'm correct?
I have always valued the model; but, covid changed everything. (I held ezj, another story.) We were bound to fall badly, I really hope back to where it was before. Gla, take care, this is shares.
Should get back to where it was before I think. Always packed they are, cheap beer than anywhere else
Clarke I bought in after Tim's huge buy too... I think first buy was about 470 I need to check , I doubled my position at 5 something now averaging 490 ..1000 shares
I've been waiting for a pullback to add here but bought some more on open. Seems to be a lot of momentum here. I bought in after Tim put his money on the table I can't see anything stopping this getting to the £9 placing figure by summer but then again anything could happen these days.
This is off to the races, wouldn't be surprised if this continues to rise to around 10.00 but that's just a random number after looking at the share price graph. I bought in as looked cheap... Picking up £1s for 50p... As the old adage goes