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.
18p. As much as I would like 16p, for me that is almost impossible from here.It will need something like Adultblock numbers to pretty big to realise 16p imo. As you say just bumming along as we are will take forever. The likes of Hony will take a hit no problem if they need to, they don't pick winners every time.
It doesn't look like any suitors are knocking the door down to buy this, even though the sp has tanked and the $/£ being very favourable atm.We just sleepwalk from one update to another it seems. Just look at the interest in the company, it's feckin embarrassing. Hardly any trades day after day, and even the BB are in comatose mode .
Toby has done a decent job with the turnaround, but is he the right person to take us forward??
I will happily take something quite a bit lower than 16p,..... today!
Bakky Can't see a sale on the horizon myself, the exit price would need to at least 16p in my view, Hony would not exactly be doing cartwheels of joy on anything less. Imho our market cap now should be just shy of $100M say $95M , had it not been for this virus I would expect us to be 9 - 10p ish, but to build the price organically from there (where we are not) by gradually adding registrations is going to take years and that only applies if gtlds are still in vogue which is not a given. So for me a sale of 16p-19p is the only option that works. The 16p - 19p correlates fairly comfortably with recent PE registration grabs, Bakky lets just say its desirable to me!.............Huckster
yes 18p, totally agree.I think those large option awards were some sort of potential 'payoff' if the company was taken out and they were ousted, which they probably would be.At times It just seems like we meander rudderless from one month to another with little or no news, which of course is the oxygen for these aim companies.
I would like to see this sold but it won't happen anytime soon imo. I don't think it is as desirable as some might think, unfortunately!
Bakky
Yes, what I mean is these Directors are not backward about honouring themselves and awarding themselves pay increases, the video interviews do not exactly have difficult questions any of us core contributors could do so much better, its just a massive lap of honour for Toby while all the Shareholders are stuffed up Huckster
That ain't a rant Huck, that is quite tame! Did I miss something? I can't remember any video or award. Yes, I agree this must be the most boring stock on the planet.
Every interview even sounds the same time after time. Absolutely feck all to get excited about here.
'surely Toby can't simply pat himself on the back and say job done, I think I'm due another award (yes I saw the video, if you just want awards join the bloody circus')
Yes, stay safe everyone, I've been to 1 supermarket with crowds of people way too close and 1 supermarket with a 50 minute queue just to get in, crazy world.
For me, I have faith in our management, they have turned the company around, created an annuity style business based largely on renewals, got some innovative stuff going, sorted the geographical income feed and achieved profit, I am sure they will be able to maximize revenue and minimize costs going forward, I have no worry about the business operationally. Our issue is now market perception, yes there are historic issues, we were a 'lets make a quick buck company' run by muppets but surely Toby can't simply pat himself on the back and say job done, I think I'm due another award (yes I saw the video, if you just want awards join the bloody circus) what about all the investors who financed all the mistakes, what sort of award are we getting, the shareholder value should be part of what the company is responsible for. I think shareholder value should be both a concern and a priority for Toby; getting ****ed off by the wait, sorry for the rant Huckster
1.work, 1 message, 1 trade, 1 trading update, 1 bizarre week, 1 large jack daniels methinks. Stay safe all. SB
another decent premium gone through. Every little helps!