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.
A beautiful day here on the island with golf getting a miss today.
Doug. The biggest part of JH is about one inch below his nose. He likes to waffle on because this is his life. I have asked many times why is he here but no answer is forthcoming. Now Ryanair are doing great business now but the sp is not reflecting this. The fares are escalating and it can’t get better for them. €25 by next year, impossible. If for one minute JH you really believed this you would be in. So why are you here?
JH you’ve been banging on about RYA and how great they are yet by your own admission you’ve never bought any shares in the last four years. How thick is that? If you really think RYA will hit 25€ by next year have the bottle and just buy some today, that’s if you’ve got any money left after your losses in BIRG. As regards RR I sold out a few years ago after the Rights Issue and made a very decent profit. It’s all about the timing.
7 December 2022 should read 7 October 2022 meaning it took 13 months to appreciate 244% , rather than 3 years.
see Ryanair smash through 17.50 in last 24 hours hitting a 12 month high.
Doomster,
Are YOU REALLY THAT STUPID or Blind. Rolls Royce appreciated 244% in 11 months from 7 December 2022 to last week. IT DIDN'T TAKE 3 years to appreciate 244% - THE FACT IS IT TOOK 11 MONTHS YOU DIMWIT !!!! Going on your past /present history I have no doubt but you probably bought at 337p in 2019.
I appreciate maths was never your strong point but when a share DROPS from 337P at end of 2019 to 70p at end of 2020 the chances are that it is ripe to be 1 of the FTSE DOGS of 2020 !!! To say you are thick would be unduly flattering.
While you may not give a flying fook about what the RR CEO said in January 2023 I can assure you that every Investor was hanging on to every word he said as IT WAS THOSE WORDS AND HIS SUBSEQUENT ACTIONS THAT SAW THE SP RECOVER 244% TO WHAT IT IS TODAY. Also confirms that you sold out prior to 2023 as , if you were an investor, you also would be hanging on to his every word.
When will you give us your opinion on 1) the Irish economy's miraculous turnaround 2) whether a p/e ratio of 5.5 is excessive for Birg on sp of 10.5 3) your new year sp prediction for BIRG.
Doomster
can you confirm to the board that you had the "bottle" to buy them at 337p in 2019 !!!
Doomster,
when it comes to FACTS please ensure they are presented correctly. Yes RR were 69.56 on 6/11/2020. They were also 93p in 7/2021 - they were 114p in Dec 2021. Dropped to 70p on 7/12/2022 recovering to 91p at end of Dec 2022. So for 3 years from April 2020 to 7 Dec SP almost static.
In January 2023 the incoming CEO came out with his thundering speech relating RR to be a cash eating monster and vowing to change the mind set and get rid of the cash eating machines which he has done. So the time to have bought RR was end of 1st week december 2022 when they were 70p !
Doomster,
Why do you have to make such a FOOL of YOURSELF every time you post. Is is gone beyond embarrassment at this stage and reinforces the image of an individual with a backward mind.
The FACTS ARE AS FOLLOWS and your posting history proves it.
- when you were pumping RR their SP was 337p and they require FURTHER GROWTH OF 42% to attain that figure.
- your much maligned Ryanair have to grow just 8% to reach their peak whereas your star recommendations will be
lucky to get there in coming 5 years. In the meantime Ryanair will have burst through €25 having smashed 17 yesterday
- You are very quiet on THE FACT that RYANAIR'S MKT CAP is 38% GREATER THAN EJET/IAG/A FRANCE COMBINED. You are
probably so embarrassed by this FACT that you are SPEECHLESS/POSTLESS.
- You are also very quiet on the FACT that Ireland now enjoys 3rd highest income per capita worldwide, having predicted
3rd world status at end of 2020.
So dont get carried away on your RR growth as they are still 42% in the red from when you cackled about them.
You are the expert when it comes to putting star picks etc in the red, seeing you have the unique record of selecting 2 FTSE DOGS in successive years.
And not a reference here to Boohoo- BIRG -AIB - You have been embarrassed enough.
Facts
November 2020 to November 2023 (now):
RR then 69p now 238p rise of 244%
RYA then 15.5€ now 16.8€ rise of 8%
Sloopy
how often have you posted on this board _ " Why are you here ".
how often have you posted " sat on the balcony ... day on island of dreams".
I only respond to the Doomster when he posts Total Drival re Ryanair and also on the BIRG Board.
Very interesting how he ignores THE FACTS exposing him to be an utter sham without a degree of credibility or respect at this stage. Every time he posts the hole is getting bigger. FACTS are FACTS and his DRIVAL on his well publicised recommendations and rejections are on his posting record.All 4 of his recommendations went through the basement, with 2 securing top DOG award in the FTSE while ALL his REJECTIONS succeeded spectacularly'
He has written his own epitaph and on his tombstone in years to come - Danger to Wealth.
BTW - when was last time I sent post to DTN ?
exercise your own mind and not the Doomster's.
JH. There you go again posting for posting sake. If for one minute you were convinced Rya would see €25 next year you would be filling your boots now. Your obsession with Doug is unhealthy and maybe a rest from trolling and being the Brummies lap dog would be beneficial.
Sloopy,
When it comes to repitition you have secured a Doctorate.
amazed that a maestro like yourselfdon't appreciate the vagaries of the market.with pat of 2.18billion, 185 plus million passengers, 25% of pat given away in form of Divis, - no doubt but in next 12 months Uncle Mikey will secure his sunstantial bonus and TP of €25 with numerous brokers shall have materialised. Couldn't happen to a better company.
Any comments on Ryanair's mkt capitalisation being over 38% greater than a combined trio of EJet/IAG and A France. - quite an achievement you must agree. the Doomster is so shocked with this FACT he is postless.
I have just returned from 18 holes of golf on yet another glorious day on the island of dreams.
Now JH if there is a more boring poster on LSE than yourself please name them. Repetitive waffle post after post mainly referencing a share you don't and never will hold.
Now I have just checked the Boo bb and Doug is right, the Brummie is spouting verbal diarrhea. Now this is a guy who 26 posters a week ago agreed was a sea hunt. Never has there been a more arrogant thick skinned nasty poster. I find it disturbing that posters gloat on another investors losses. This includes you JH.
For the record my Ryanair shares are worth less than they were 4 months ago with all the record figures just released.
Doomster,
As already posted a brain surgeon visit is long overdue,besides a visit to Specsavers.
The FACTS are unavoidable . In the run up to covid and the following 6 months you bored the pants of everybody with your 20 times daily posting lavishing the praises of Boohoo/ E Jet/ IAG/ RR and highlighting that BIRG/AIB /Irish Economy were going down the tubes and Ryanair would be bankrupt and taken over by junior bondholders. This is factual as your postal history will prove.You have been sporting enough to post recently that what you posted was TOTAL DRIVEL. So what has RR Sp of 3 years ago got to do with this. Still 42% off their pre covid high whereas Ryanair just 8% off their high. You are conveniently omitting to mention the words of their incoming CEO last january when he stated them to be a cash eating elephant. no doubt he is now putting it right but still a long way to go whereas Ryanair already there. Were you impressed with their half yearly after tax profit of 2.18 Bn to 9/23 - up 59%. not bad.
You are also deafeningly quiet on your Boo/IAG/EJ recommendations and the OUTPERFORMANCE OF BIRG and AIB, not to mention Irish Economy..
You are also deafeningly quiet on the FACT that Ryanair Mkt Cap is over 38% GREATER THAN EJET/IAG/AIR FRANCE COMBINED. Why the SILENCE. Why is RYANAIR the preferred stock for Portfolio Managers to have in their selected funds.
When will you give on your opinion on whether or not you consider a P/E ratio of 5.5 as being excessive for BIRG assuming profits of 2 billion and sp of 10.5plus.
I would give top priority to an appointment with specsavers as your eyesight has obviously failed you , being unable to read the FACTS set out in numerous recent posts.
You cannot ignore the FACTS today as the end result is you are only making a bigger fool of yourself today than you did back in 2020. Today you have the benefit of hindsight and are better off p......g against the wind than going against the FACTS. However, never lose your bottle as it might serve you well on the racetrack.
Doomster
some facts about Ryanair and it's competitors to bring about a smile to your face ,these facts relating to the last 5 years. you will find them of special interest as they also relate to your favourite recommendations.
Easy Jet SP peaked at 1261p in Feb 2020 and now trading @ 405p. 211% growth to restore previous highs.
IAG SP peaked at 452p in Jan 2020 and now trading @ 152p.. 197% growth to restore previous high.
RR SP peaked at 337p in Feb 2019,now trading at 237p having fallen to 70p. 42% growth to restore previous high.
Ryanair SP peaked @ 18.27 and now trading at 16.85.. 8.4% growth to restore previous high.
Ryanair market Cap now stands at 19.08 Billion.
Easy Jet market cap now stands at 3.11 Billion.
Air France market cap now stands at 3.12 Billion.
IAG market cap now stands at 7.52Billion.
So Ryanair's market cap is now over 38% GREATER than E Jet/Air France/IAG COMBINED.
HOW DID YOU GET IT SO WRONG ?.
Well Doomster I must admit that it is jolly sporting of you to finally admit that your commentary/predictions on IAG/EJ/RR//Ryanair/Birg etc is total drival although it is the only conclusion you could arrive at. Better late than never.
You should forget about government intervention in commercial activities as it never works.As pointed out to you quite a while back , an airline like Ryanair, starting from a greenfield site with no government support, at the end of the 80s ended up 30 years later with a greater market value than a combined A Lingus/ British Airways/ Air France etc , with those airlines having the common factor of being set up with government support. Not only that, they were unable to survive post covid without the same governments bail outs. Cannot dispute the FACTS. If voluntary luggage costs removed no doubt airlines shall simply put an add-on to the passenger ticket and this shall apply to all airlines,not just Ryanair. At present the passenger has the option to bring whatever luggage they wish,with some carrying zero cost. Have never known government intervention to work for the consumer's benefit - above their mind set.
Do you agree with the TP of 25.50 for Ryanair set by G Sachs, JP Morgan ,Davy etc. Maybe on the light side especially when you consider the profits figure just released by Ryanair.
You appear quite excited about the 10.50 plus/11 spring price for BIRG. In my language 10.50 plus covers a range even extending to 11 and beyond. Your silence is deafening on whether you consider a p/e ratio of 5.5 is excessive for BIRG with a price tag of 10.5. Perhaps you will shock the board with an opinion.
Makes me laugh seeing JH brag about RYA "heading rapidly to 17€" when they were 19.3€ way back in Aug 2017. JH is also a well known pollock on BIRG board where he's been Hume-iliated so many times.
Let's examine another of those multiple headwinds:
"In the King’s Speech this week, the government vowed to crack down on “drip pricing”, such as when extras are added to the basic air fare. Airline passengers are said to be particularly vulnerable to “consumer harms”, including additional charges for luggage or seating." When governments get involved it's not a good idea to be invested in one of the biggest rip off merchants going.
JH. When are you going to stop being a pollock. The sp today is still below what it was on July 1st. Why are you even here. No shares, no intention of buying. Like the Brummie sea hunt’s MO purely here to troll UD.
Well, Doomster, it appears Uncle Mikey heading rapidly to €17. He has also stated "expects to receive his performance bonus earlier than usual.
That should make your xmas.
Doomster,
you still have "Bottle" on the brain - the outer limit of your Investment IQ.
Must say you have gone very quiet on the fortunes of GGP and their 60% appreciation over last 10 days. embarrassed yet again . Very much par for the course and proving once again your consistent in failing.
JB4 - Don't do yourself down, it's 26 upticks now for that superb roasting of DayTroll. He is such a **** .
JH still got no bottle to buy a few RYA shares but seems to be in love with MOL.
The two🤡🤡do make me laugh.
Slipped to only up 5% - maybe Mikey cashed in some of his shares. Expect many others will also be cashing in around 16€. Still well below 19.3€ of Aug 2017 , which equates to six years of paper loss for long term holders, notwithstanding inflation erosion.
Up 8% today !!!.let us have some more "bad" news, Doomster and see Ryanair shoot through €17.
Sloopy,
should not address this post to the Doomster - he is one who forecast the demise/liquidation of Uncle Mikey in 2020. See how he has risen from the ashes phoenixlike. Just imagine ;
-- revenue up 30% to 8.58 Billion.
- nett income of between 1.85 Billion and 2.05Billion in 2024.
- returning 25% of prior year PAT in dividends from 2025 onwards.
- currently with nett casg of 844 million - gross cash of 1.64 Billion.
- 184 million passengers in 24.
- Davy TP gone out to €24.
Hard to believe how the Doomster got it so wrong - that is until you examine his track record when you can only conclude that it will be impossible to believe if he ever will get it right.
must say that it was jolly decent of you to bring to our attention Uncle Mikey's exceptional performance which of course is par for the course for him. Probably relieves you of some boredom on the sun swept island.
Man JH you are slow this morning coming on here to tell us of Rya's record profits. As you have no financial interest and never will have maybe it has finally sunk in what a waste of time it is. All airlines are down on their years high which is hard to understand why now better times have arrived.
Now you probably saw on the Boo bb your mate the Brummie received a record 21 tick ups basically calling him a sea hunt. Now any normal person would lie low for awhile but not him. A tad on the thick side eh!
Sloopy
seeing your reasoning is not down to boredom, you are either in cloud cuckoo land or have a limited vocabulary.
Bit early in the morning to be exercising your fingertips, never mind the mind.