Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. 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.
Dear Jim how about an update on the pension deficit, according to the IC https://www.investorschronicle.co.uk/news/2022/05/12/ftse-350-firms-pension-deficits-shrink-to-lowest-level-in-two-years/ deficits are collapsing,.... in which case will you be bold enough to triple the dividend? Remembering the company has probably as a guess £75 millions in the bank.
It would be nice after all you've helped your self to an astronomical pay rise with a collapsing share price, well deserved????. I remember a previous owner whose name I can't remember but at least he paid an honourable dividend. Yours sincerely hungry shareholder.
well done joey, I think the share drop was well overdone, this was trading above £3 six months ago, company still pay dividend too, to me it's no brainer
Followed you from the vast board, what makes you think that?
I have bought a big chunk this morning, really happy with my purchase I think the price is a mega mega bargain.
City stumped think a lot of this buying this week will people picking up quick divi , then Friday think the shorters will really go for it hope I'm wrong because Ive loved this share its way under valued but if it does go below £1.00 at any point it could slide all the way back to 50p , then boom again in September. Think we' ll be looking to have some of that bonus paid back. This share should be at least £2.20
Are the management drunk are they now buying back shares In the company to cancel, if not why not? I've seen quicker reacting corpses with rigga. Get a move on and earn the 4 millions you think you are worth. Or get someone in who can.
shorters going to town now , they smell blood and they ain't letting go and with ex divi they know people are holding but they'll drive this down even more
If its good enough for the 2 top directors to take rip off wages for collapse in shareholders value, they should put the cash to good use, and buy back 10% of the company for share cancellation. Starting today, and if they are awash with cash pay out a special as well. The pension deficit hasn't been declared in the last AGM but must be very close to zero. £70 million sitting there only £31 million to cancel 10%of the company, if that's not a stonking bargain, then the directors are not as bright as I thought.
And what a price he got!
RNS:
Director buy
ridiculous price action....
shorters using scare tactics to get retail to sell...
Own them now paid 121p ( on a limit for that price ) 9.48am
5th May 2022 7:00 am RNS Trading Update Result of AGM
Over 20% fall yesterday on above .
https://pressgazette.co.uk/uk-government-sets-out-plans-to-force-big-tech-to-pay-for-news/
The UK government has laid out the groundwork for how it plans to force technology giants to pay news publishers for their content.
Crazy I know but beginning to wonder how you can take a company into the Ft250 get up to £4 a share and **** it up the wall in less than 8 months . Time to start getting more pro active of making digital profits. If you earn 4 million in a year I expect £5 "a share
No not anywhere near that, should be based on profit only or go. No uplift with a share price worth Jack bleep. The dividend is miserly, should have done a special from yesterday's date say 12p for those on the register. The pension deficit must be clear now, so no earbashing from the trustees, probably in surplus, dividend should be a third or half of eps. Sounds like daylight robbery, de ja vu but this time it's the shareholders.
Mullins gets massive pay packet and lack of action like introducing part paywalls like watching paint dry . Reach chief executive Jim Mullen and chief financial officer Simon Fuller both saw their overall pay package increase by over 700% between 2020 and 2021. Mullen's total remuneration package (including long-term incentives) in 2020 was £485,000, while in 2021 it was £4,089,000 . are they really doing enough
The trading statement has knocked £125 million off the market cap. I’m scratching my head at that one! PE is now less than 4 and interim dividend of 4.4p up for grabs next week.
what a load of shorters trying to do their best to earn a few quid again , fundamentally very strong company must be bargain of the month at this price. time for even more buys today
Market overreaction to the Trading Update. Reach are taking the right steps for future profitability and I was happy to take a position this morning.
8 more trading days ,Time to top up Divi coming . No real fundamentals have change .
From Monday 2 May, weekday editions of the Daily Mirror will increase by 5p to £1, with the Saturday edition increasing from £1.60 to £1.70. In Scotland, weekday editions will go up to £1.10. The same increases of 5p and 10p apply to the Daily Star. All we need now is some selective digital subscriptions and the profit margins start to boom. lets have a positive AGM and Trading update
https://www.reachplc.com/investors/shareholder-information/annual-general-meeting
Some interesting questions people should asking.
We should get one next Thursday to coincide with the AGM.
I think a 'trading in line with' would be a good result to be honest.
What a performance keeps dropping like a t u r d , with no end in sight. Hopefully the something will give ie pension deficit and what they expect from the subscription platform they have signed up to, TNI has always been battered by the stock market, even with its constant 35p a share earnings. WHY? Best to be taken over to put us shareholders out of our misery. The ludicrous pay rise should be rejected till there is solid performance improvement.
Just a matter of time as I suggested weeks ago, if only 3 million take it up £180 million to the bottom line, as they get half.
Its a no brainer, the MM yet to see it, and this income is zero extra print cost..Sit tight and wait for the increase imho
The shorters are going to be fried, well fried
Reach plc’s regional portfolio of print titles have joined Readly, which offers “all-you-can-read” access to participating papers and magazines for £9.99 each month.
HOLD THE FRONT PAGE WEBSITE