Roundtable Discussion; The Future of Mineral Sands. 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.
The dash for acquisitions has resulted in bum bitten.
Debt is too high, the board need to quit dreaming and knuckle down to solid balance sheet IMVHO
A quick skim through the Finals suggests to me that getting the accounts signed off as a Going Concern was a bit tight, so that's a relief. Renegogiating the debt was crucial going forward so, overall, unlike like what I thought a few months ago, it doesn't look like a Rights Issue will be needed to repair the Balance Sheet.
Overall, it's obviously been a bit s h one t here recently, but it does look a lot more hopeful going forward.
Results today. 👍
Superb rise, obviously someone isn't concerned about the lack of an RNS
?
Can but hope for an upwards movement now.
As you know, I kicked myself hard for holding these, the team must rebuild their reputation to make money and reward loyal investors.
Optimistic buying or bit of a leak?
Usually quite difficult to get even small amounts of these shares.
The share price looks ridiculously cheap. It was devastated by the market makers based on October 23's trading update that now looks to have been overly pessimistic. Remember when the share price dropped to 7p and recovered to £1.
As the most recent trading statement makes clear, there is lots of upside including: major overhead cuts with probably more to come, a business making significant losses is now cut free, great new business wins, as well as reducing debt interest as rates come down, an improving general outlook and I suspect far more focus on generating profit after this blip.
I suspect this business could easily make an EBITDA of £12-£15m. It's a 50p share today.
Revenue of 87 million with profit of 4.3 million with a market cap of 23.5 million . Looks like there is room for the shareprice to climb above that of 32 p before the October announcement . With more contract wins and reduced headcount this should attract interest
I've always thought of this as a well run business, directors now proving it....
Credit where it's due, this is a much quicker performance improvement than expected.
I've bought some more, this will be 80p in 3 years time, happy days... Gla
DBay Director A Paiusco is also a Director of Unlimited Marketing Finco Ltd, which is the holding company for Unlimited Marketing Group Ltd and also the company with significant control of Digital Unlimited Group Ltd, previously called Creston Plc.
Has anyone checked DBay advisor A Paiusco on Companies House?
Can’t buy £1500 worth of stock
Reversal in progress
The large buy last Friday has ticked up the price,hopefully more stake building soon
Something turned the direction of the sp, if it was a director it's a good sign. But also the value may be looking highly attractive to a competitor.
Just saying
Anyone think that this might be a directors buy ?
Nice chunky buy at 2.09
£48k buy
Welcome back David, your return is great news for all holders IMHO
A push back on woke, and more savvy business, is what is needed here.
Think i am done with small caps.
Ceo makes positive signs then few weeks later get this. Happening too much on aim
Having watched the presentation a while back, I have to say that I think the current ESG blather turned me right off.
I suppose they have to do it for their clients' image, but making creative people take such a wet view of things is really bad for business IMHO.
Companies such as this turn down in harsh economic times. Action should have been taken in anticipation of that fact, rather than after the pinch began to be felt. For me now, having let a few go a year ago, it's a matter of sitting tight and waiting for the pendulum to swing back, whilst being cross with myself for ignoring what was right in front of me.
I liked this company a lot, having a small position a few years back. Been on my watch list again, but debt soaring from 14.9 million to 25.5 million raises a few alarm bells with ‘rapidly deteriorating market.’ Could be problematic with bank covenants. Will stay on watch list for now. Bloomin mine field out there at the moment
Solid company with a great client base.
The downtrend on revenue is a market wide issue in marketing companies currently, however we are now seeing companies abut to spend big to use up budgets and drive sales traction.
would expect per Mission RNS, that H2 2023 will be very good.
Unfortunately i was working along similar lines when I purchased some last week, win some,lose some.
Do believe the management is strong enough to work through the tough trading patch, be a while before i see a return, one for the bottom draw.