Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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it had better not be or heads will roll.
surely they can't have screwed up again can they ?
That is the question.
Can see further positive results this week and the share price kicking on again. One of a number of great recovery stocks for 2021 and 2022. Gla.
https://www.fool.co.uk/investing/2021/05/31/3-uk-penny-stocks-id-buy-in-june/
yes i know the book problem that you mentioned and in fairness it came out from a small part of the group which i read as that section had tried to cover up the fact that they were doing badly.
no section manager likes to be the donkey .
anyway they have now dumped that section so behind them now.
i agree 50-60 in 12-24 months .
steve - 12-24 months should see a major rerate to 50-60, which it was a couple of years ago. Glad the flaky books problem is now in the past.
no dinoken i am not a big hitter and not expecting to be a seller for some time yet.
but i have been following this stock for several years now and believe that all the pieces are coming together for this company.
the ceo and others have done a good job in the last 3 years and i think we will see the benefits over the next 12-24 months.
Steve, sounds like you have a large holding you are trying to offload LOL. Results June 8th will result in sp spike. But which way ? Its had a good run, but I agree with you, looks like rerating and 30+
this company has made a lot of changes over the last 2-3 years it is now a lot leaner and better managed than it has been for many years.
they have top quality products and are now in a leading position to take full advantage of there market position as the world economy reopens.
there will be a huge worldwide boom in many industries over the next 5years and this stock will be a lot higher than it is today.
the momentum is already building in the sp and i expect it to double over the next 12 months.
don't be tempted to take profits as you will kick yourself later.
Great results and capital reorg done. 50m cap. Chelski paid more for Timo Werner... Fully expect RNO to double by this time next year by which time Timo might have scored another goal.
I definitely read this as a positive. Gives the board flexibility which could be for a number of reasons. Potential Share buybacks are always a positive. I’m hopeful that it’s another indication of a possible takeover later this year. The market cap on this company of circa £50M looks a steal IMO
Been in a while here. Cost down via overseas sourcing. Process downtime due to pandemic giving valuable opportunities for customers preventative maintenance will lead to some good results and improving sp imho. Dyor though
Gla
Announced today could be precursor to buybacks and dividends. IMO positive move.
Aic - IMO RNO has managed to pay down debt at a remarkable rate throughout pandemic, and at this rate, will surely deal with pension deficit within next few years.
Pension deficit - an additional contribution to the scheme of 25% of any dividends paid (above the existing 25% requirement) until such time as the deferred contributions have been made good. Is this not a concern?
Resistance 1 & 2 smashed. Looking very good indeed.
Sorry 4.17 million.
Church commission buy 4.4 million shares, got to be a good sign.
Is that really a 28,000,000 share sale, price holding up very well considering
Jumped in for a trade here, but thinking I might stay for longer :-) Hoping it holds around 14 and we see some growth to 18, 22 and there's a beautiful gap to fill at 27...come on my son!
UU&A - fair enough. Have always associated RNO with chain rather than gear. Even big wheel at fair uses RNO chain. Chart says 30 min ac (after Corona), but vaccination fiasco will push ac back by who knows how long ...
Renold are involved in the manufacture of transmission equipment!
Transmission devices? Wrong board ?
Not the sexiest holding and maybe a bit of a slow burn but I believe this one's only going one way in the next year and 30p forecasts will be proved correct. Process downtime = valuable maintenance opportunities! = more transmission devices. Oh and cost down = more margin. What's not to like!? LTH here. DYOR
Very decent results through the current climate. Screams 'buy' to me also.