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.
Having been there...converting options to clear income tax liability when sp is depressed is good tax sense. Taking the 45% hit low and converting upside to capital gain at 20% makes perfect sense.
One can argue about whether options should have vested - that is a different discussion.
Having been there...converting options to clear income tax liability when sp is depressed is good tax sense. Taking the 45% hit low and converting upside to capital gain at 20% makes perfect sense.
One can argue about whether options should have vested - that is a different discussion.
looks like there could very well be some great news coming for every publisher .
The UK Government is preparing to introduce legislation that would force Google and Facebook to pay for news.
https://pressgazette.co.uk/platforms/google-facebook-news-payments-uk/
Opinions on this company please ,what caused the FY loss of 118m in 2018 and 26 m in 2020 and the poor profit of 2.19m in 2021, is profitability going to be consistent over the next 3 years? What percentage of the UK population do they reach and what caused the takeover to fall through?
The NYT's head of games explains how games are a key way the subscription powerhouse attracts audiences.
404x here a read just shows how the little things can generate income this is why the NYT has piled on subs
https://pressgazette.co.uk/north-america/new-york-times-games-puzzles-wordle-subscriptions/
Can't see a paid subscription working for digital if that's what you mean, these are lower grade titles competing with the Mail/Sun/indy locals. We're not talking the New York Times here. There's a reason the Sun ditched their paid for model. Still plenty of opportunity for revenue growth without paywalls, just look at Future, all from affiliate marketing and dynamic advertising.
they should have stopped his 3 mill bonus but allowed him 300,000 shares then he'd have a vested interest in getting the profits and pensions sort then he could reap the rewards when the shares go up ,he gets enough basic pay
How on earth the Big investors haven't given the heave Oh is beyond me ,missing so many opportunities to create a massive increase in the bottom line profit. "What's on the end of the stick Vic?" Hope it his P45 very soon .
Reach still has to ability to be making a fortune out of subscription service .
It's a rare thing that an executive does that. Hats off to our esteemed CEO!
Jim I salute you for not accepting your award of free shares ,now please lead from the front, and seriously investigate a subscription service with ad free and monthly prizes, I personally guarantee you 4 million take up, you will be acclaimed as the saviour. £ 240mill profits less prizes.
Share price £8 plus you will regret not taking your options. But hailed.
FULL STORY ON "HOLD THE FRONT PAGE" AS I SAID PREVIUOSLY MULLINS HAS TO GO TOTALLY OUT OF HIS DEPTH
https://www.holdthefrontpage.co.uk/2023/news/cuts-hit-journalists-pass-vote-of-no-confidence-in-reach-executives/
Pension liabilities are the big headwind of course but my other rationale for buying here is that for those hard drinking 1980s hacks the attrition rate must be accelerating rapidly. For the remaining big legacy issue phone hacking, potential share price catalyst is cases due to be settled this year.
Looks like the job cuts have started
https://www.holdthefrontpage.co.uk/2023/news/more-than-400-journalists-put-at-risk-as-publisher-reveals-fresh-cuts/
Managed decline has to be the MO here now, at least board are responding to margins tightening up. The only mystery is how they can afford to retain the dividend this year with free cash being generated so thin. Seems a risk to me going into a year with some big unknowns. We all know that during times of stress cash preservation key.
Still overall looks value to me at this price. Not a share to set your pants on fire but recovery potential - as long as they don't run out of cash.
lets prey for a buyout .
It might be tough but until Mullins has gone and we get someone in with business and ideas that actually produces revenue to the bottom line then we re moving nowhere
I'm with Nick - managed to close last week's optimistic trades on Friday while retaining my shirt but only a little ahead. Decided at that point to just stick with my core holding.
Added a modest buy today to average down but nothing silly.
Well, I decided to buy a few again, having been out for some time. Another year ahead to see what happens. Of course the company needs to get it's profitability back on a growth trajectory, but might even be bid for before then.
Might be a disaster. Who knows. I'm already down slightly, As soon as I bought a sudden rush of selling ensued! lol
IF WE CAN GET RID OF MULLINS
Citycon Job interview questions : are you good at bulls@it ..yep ....great you've got the job, how much bonus do you want 3 mill OK ? sound good even if we fail . Time for Jimmy The Jinx to go . EGM need to get rid of some of these joy riders. Shocking SP fall today they really are rubbish at their jobs .
How on earth do those overpaid cretins not jettisoned the pensions as yet, wt f are they discussing with the unions and pensions authorities. Get rid of them and the the walking disaster Mullen. Cut costs by reducing your wages till you perform or get lost. Stop riding the grave train, every time you report the shares collapse, you have been nothing but a shambolic disaster, causing the car crash. Start a subscription service of sorts with prizes £6 per month, all that education but no street wise acumen like Alan Sugar. Your like a rabbit caught in headlights, "what do I do what do I do?"
Cheers Sam, I wish only the best for any shareholders however long term or short term and for that to be successful medium/longer term it needs the underlying company to actually be doing what they are supposed to be doing and not riding along a cash cow of employment and pension perks until there are no more shareholders or banks to mug along the way.
Not accusing Reach of being such, but you'll have seen plenty of lifestyle companies in your trading/investing experience. They are the ones that produce the snakes for portfolios to slide down to nothing.
Reach looks interesting longer term but at what price I'd take a punt, I'm not sure yet. Might end up panic buying at higher levels while waiting for lower?. Good luck for today.
Nick, in relation to your question on my £4000 @ 83.9 ...mmm still sitting on that loss..... just added 2 other trades at 80 and 78, so back to my play pot all committed. Overall carrying price after costs and this morning's realised gain just under 79. So hopefully, an uptick this pm after the overswing to downside or I will have to eat the loss.
Sammaclcleod "I don't know what I think about what the mkt thinks."
I worry what the market thinks because that's where any share price gains come from or if worried the share price falls. I'm interested to know if you'll hold on to your second trade today of buy @ 83.9p or take a loss.
You may still get lucky. I've had day trades go wrong and months/ years later they made me a profit, except for the ones that went to zero. I'm terrible at taking short term losses.
Having held for over 18 months I sold out this morning - while I can still see why some think this could multibag over next few years (and it might) - I think the management have missed a once in a decade opportunity to sort out the pension issue - it looks like they have made almost no progress on this even though the triennial valuation should have been agreed with the trustees 2 years ago. With interest rates back to where they were last summer the window of opportunity to settle the pension favourably has now closed. As a result the business continues to pay £53/54m p.a. into the pension for the next 3 years at least. Given the lower profit expectations and admission today that they are drawing on the revolving credit - unless they improve profitability quickly I can see the dividend being materially reduced as I cannot see the banks agreeing to fund them. Not one for the feint hearted - GLA
mid 70's seems like a safe place for this too land.
wait for profit takers to exit and price to stabilise.