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.
Yep. Its gone far too low. At 80m mc they only need to be breaking 5 or 6m ebitda to justify the current mc. In the past 20-25m was the suggested current state achievable ebitda. Which would provide several x the current SP. The next few sets of results should easily build back to this. FLS also all important with the up and coming results to suggest a growth trajectory back to this level .. that buyers will then be in on future outlook. It depends, however, if Boo et al want to provide a rosy picture at this stage for their own shady strategy .. SL
If its pre-recorded there is every chance some might be in the know Silverlight.
I'm just curious to see if we get back to the 34 / 35 / 36p levels of July and August or if the update is very good then perhaps beyond. All the joys of an Aim listing
Nice to see a bit of movement, its likely those in the know of the results so should be good .. or better at least.
Perplexes me that anyone would sell this low and with Christmas coming up what with warpaints figures this morning. Revb on the up
Out this morning, ahead of expectations so hopefully get something similar here on Tuesday.
I've actually sat still here and was always going to go with Bob Holts own cash share purchases as the barometer for how things were shaping up. I think he bought 1 Million shares at 26p and a further 500k at 31.6p at the end of June and after the relisting, so probably had a good idea as to how things were shaping up. Those being purchased prior of course to the BOO debacle and them then buying some of his shares off him including his relisting incentive ones when he departed. But Matthew Eatough also bought over 500k shares around 31/32p about the same time.
A nice picture of present and Festive orders that will have already been shipped to retailers and e-tailers wouldn't go amiss and the CEO knows the number she needs to pass to get her options. Options first - statement second, of course...
I've been quite critical of the silence from the CEO, however considering all of the issues the business has faced in the past year or so, I think it would be a little naive to try and field questions 2 months into the job, first role as CEO, especially when they would likely be heavily focussed on past issues. Bob Holt as a seasoned pro I would have expected too and easily held his own. At least they are doing a presentation instead of just releasing results via RNS. Trying to stay positive!
I fear the worst as it is pre recorded. Good leaders would happily field questions live at the end of a presentation in my experience. I hope it is good news for holders and that net debt is looking ok.
Presentation is a good touch. Hopefully taking the time to make a strong first impression....
Indeed. Was getting bored waiting.
Moves up quick with no volume. Over 4% on couple trades
Someone just offloaded a good chunk of shares.
We are due interims which I guess should include trading statement for Q3
Or was it a Q2 update? (Been so long I seem to have forgotten).
Think I'l stick with just saying "update overdue"
Anybody else yawning waiting for the Q3 update? There was me thinking all the previous financial and reporting processes had all been tightened up as well. Anybody privy to a response from the company.
CEO definitely appears missing in action.
Just like being in suspension. I'm sure Boohoo are kept up to date so that's all that matters to them. I notice there have been no new products released for weeks either. CEO is absent. Is the business still active??!! It's as if the business is being ran privately just for Boohoo. Interims should be due this month. Frustrating.
The way things are going we’re getting nothing, ever! In 20 years of investing the total silents is new to me
Are we due the interims this month and would we get a notice RNS beforehand ?
Months since any real update. Appalling!
Exactly! Seems like the new boohoo ceo puppet gets told when to talk also
I have sent 6 emails to Investor relations over the last 2 months and not one response. This was always a concern when Boohoo took control of the BOD and the new CEO has zero experience running a PLC. Unfortunately private investors are of no interest to the board of directors. Disappointing but as long as they get their free share options what does it matter!
I'm with you top locks. I stayed through thick and thin but decided the silence was beyond plain disrespectful last week and took more than half by holding out to go into what I saw as a great buy opportunity when CABP fell. Glad I did.
I still like the REVB model and will stay in and watch any moves closely but their investor relations are shocking after the faith S/H were forced to show during suspension and have chosen to show since. Wish I had sold in mid 30's and got back in but it's so easy to become too attached to a share when you believe in the fundamentals .
BOD need to do much much better with s/h comms from hereon in . It's a retail business so there are always trading updates available and we deserve to know them.
No director buys either? What is going on.
Came out weeks ago as SP kept falling. Took a small profit after holding through the suspension. I still feel the company has great potential and I check it everyday. I cannot believe the new CEO has been silent all this time, what a disgrace and disrespect to shareholders that like me went through the mill of the ups and downs. I also believe that when news does finally come the SP will move fast so be ready
GLA
Yes agreed, difficult to comprehend why management would see fit to enter this period of deafening silence given that they know what investors have been through here already. I'm just clinging on in the belief that the next update and set of numbers will be positive, I purely base that sentiment on their social media offerings and the performance of peers. 🤞