The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
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Oh dear!
Posted on my mini group. Thought I would share it with you ALL
Oh my gosh what an IDIOT I am❓
Of course Q2 numbers not included in H1 report because
It takes about 3 months to reconcile monthly production & to receive payment for gold from Dubai
At one AGM Joel FD explained plus selling through Dubai is company saves nearly 1% in Land settlement plus achieves higher gold price.
So earnings are weighted to H2
So sorry for my ERROR
So sorry for having unnecessary HISSY fit to dear C🎯l
For those throwing in towel think again
If sales for Q2 INCLUDED IN H1
then 12 month rolling Sales would be
£6,608,633
and near to £10m if Q3 included
Question are we expecting Q3 results together with Q2?
Hoping with PR
One note re share price decline it is NOT because co performing badly but down to sentiment from shareholders.
cruella❣️
Surely this is now later ? We are into Q4 now. The H1 report basically re-hashed old RNS and the least said about the Roast interview the better. I do hope the company's he is CEO off do not pay for that kind of publicity.
HZ - so many dreams. All those discussions whether it would be 20p or 30p a share. HZM has shown the importance of diversifying and not falling in love with any share no matter how convincing the story.
NTM 🌳
Are you for real❓
Not one effing question you answered yesterday
Almeno che 🟤🟤🟤❓
I was only half joking though, maybe if you got on CB's case like you do ours he might relent and get us a CEO ;)
Flipper>> I don't think that value was wrong at the time.
Maybe I should have put based on fundamentals at that time.
It was driven up off the back of an absurd PR drive and forward looking statements.
Not forgetting RNS’d at start of a hole then RNS’d on completion of that hole, sometimes half way through it. It was extraordinary, never seen that frequency before of some, such pointless updates.
Well…. there was a point 😉
Got wotya wanted Jez❓
Missing you already
Ma ❣️🌹🐺🌱💙
Read wot I rote you numpty.
That was an opinion, I didn't quote you directly once.
Anyway I've had my fun for the time being so I'll sign off for now.
BYE !!
Winkl
Jez
Read between the lines you NUMPTY and do not put words in me mouth 👄👄👄
What's caused this Epiphany ?
Ma Dingle Twink seems to have had a complete 180 turn since the weekend.
Maybe you'll be bombarding the company and CB in person with lots of unhappiness emails.
I couldn't posssibly condone that kind of behaviour though.
Of course not.....
Zap ⚡
£50m may seem to have been high but had a clear path of high profit margins been laid out from the onset then it would have been bought into.
Flip
You miss Ma? Me too. Had heavy heart in killing her off for reason I would rather not disclose. Hope you come to like the devil 👿 cruELLA ❓❣️
NTM
After yesterday's performance I would N🚫 T push CRu
Were you at AGM? dear C🎯l made me crumble at knees the A*SE.
I fink he needs to come off HIGH horse . Shetland pony I have in mind for him
Jokes aside dear C🎯l ain't stupid. He is playing a game and I'm trying to figure him out.
A good leader knows when it is right to step aside and let someone take co to next level BUT FFS not this level.
Perhaps a team meeting with shareholders might be in order?!
I know it's not reflected in share price or EFFING financial reports but he has achieved the impossible.
As for BR downfall so far is its sheer size. His job was to outline porphyry. Grades comparable with
Cadia I believe there is still a deal to be done but perhaps with new CEO❓
Whatever he decides I want him to remain Chairman
cruella ❣️
Yes .. breakdown on Q2 Manica - Fairbride- production / xtr share / income ..etc.. should be RNS'd in days not weeks .. I'm expecting/hoping
Are we likely to get anything positive here in the short term to push this SP North?
I don't think that value was wrong at the time. A 2 m/t copper resource, about to be monetised had value. Plus a gold mine on the way. The problem was the grades let us down at BR.
Agreed Howzap.
Re Cruella's : ''There are some companies that have ZERO value at any price and this is one of them.''
I think your being a bit Cruel(la) to your buddy 'Col' by saying that ! :-)
(I know you mean HZM)
Generally, in playing this AIM game I more and more come to understand that a good basis assumption is that large sleuths of AIM companies are readily potentially worth Zero.. BUT with Manica revenue now and going forward, xtr.l is categorically not one of them.... indeed, based on Manica alone, this share is clearly undervalued even by tough criteria now.... And Mr Colin Bird needs to focus seriously on publicising/elaborating on the value of Manica the market over the coming months.. If he's not prepared or able to do that then he should employ a new CEO here by mid 2024.
Looks a lot worse with xtr share price demise as it was from the spike with a 50-£60m market cap!
Which was really stretching it if were being honest.
That demise doesn’t look as bad using a longer range moving average.
Just trying to gloss it up a bit 🙄
NTM
Sad to see any company collapse and shareholders get wiped out.
There are some companies that have ZERO value at any price and this is one of them.
Risk comes at when you DON'T understand what you are doing IE don't understand fundamentals.
The difference in share collapse between HZM and XTR is XTR share price went is going down whilst forward value goes UP.
would love to have a one to one with dear C🎯l but I fink feeling not mutual cos I ain't got no fancy letters after me name ❓🙏🌹
Ma, would love to have shorted it but that is way beyond me. My investments look good at the time of buying and invariably end up in the bottom draw. The typical long term investor !. Still hope Colin can do what he said in the podcast and pull a couple of rabbits out of the bag.
Sad to see HZM collapse .. one I've never been near fortunately .... but I've had my fair share of other 'mishaps' I assure you
PS: just looking at the chart there and see 18 months ago of approx 160 p and today approx 30p.. big ouch, sadly ..A co-incidental look at the xtr chart 18 months ago to today shows approx 7p to approx 1.2 p .. which is a bit worse again even ! That's 'some going' here, in fairness !!
(Ladies and gentlemen I give you the one and only Mr Colin Bird)
Zap
Very good topic to discuss. Been looking at ALL CB companies and looking at current and ongoing cash position.
Not sure if right to post my analysis on here. Also cos I have information gaps and NO ONE to help me.
Yours cruelly
💙💙💙
Almost feels like there’s an agenda at play and through the roasties are encouraging the lemmings to jump across to other companies in the CB stable. Maybe to nudge up market caps there to drop a fund raise or two. How do those other companies shape up financially do they need cash to progress their assets.
New money is certainly not coming from the market in general until there is a change in the economic climate.
Prob stuff and nonsense but just a thought.
With 1p looming can't you post one of your blue sky waffles for us UNREAL investors ?
1.1p on bid spike thru 1p❓