The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Lasts weeks RNS - I think all the new 250,000 shares that were issued for MC’s bonus have now been all sold out as it is tge 6th April today. So today we should see the share price reach 35p. Happy days ;)
I thought I would re share this as we are in Phase 2. The £60,000 Bonus man MC explains about the Chinese that look to be interested…
See the link;
https://twitter.com/condorgoldplc/status/1641059215513989120?s=12
GLA
The way I look at it is that for them to give him such a large bonus there must know that the outcome here will be excellent and therefore will be happy days for all! Hopefully a more than a bonus for us all. GLA! ;)
Someone just bought 39781 shares at 25p. Something good and positive is happening here for them to release new shares worth £60000 just to MC..This is big man. GLA
ICB888….Yes there was also one 31,707 shares earlier too today. Nice big volumes. This will continue to be the case as we get more closer to the offer process! GLA
Oh ok, it’s just that you mentioned 35000?
ICB888…..Do you mean 365000 shares sold this morning
Slimshady69….Thanks for this video, it’s all looking positive hence the rise of the share price. I just topped up….;)
Can anybody explain why the share price is going up when there was all these sales yesterday afternoon before close of play? The MMs are fooling us.
It’s hard to predict what the SP will be and it certainly is a guess, but when searching on Google for Condor Gold Share Price prediction it states;
The analyst consensus target price for shares in Condor Gold is 79.41p. That is 252.93% above the last closing price of 22.50p. Goodnight All ;)
frenchie38, let’s wait and see - though it’s looking more positive on this board today.
SP starting to rise after todays release of RNS. I really wanted to top up but did not get the chance!
ISAPENSION
Fair comment and good luck to you! I’ve lost too much here and hoping to average down my holdings soon!
ISAPENSION
My worry is that say for example the Chinese are no longer interested, they would be the ones to make the biggest offer. The SP would tank down if they don’t go ahead. It’s nice to think everything is positive here but so far it hasn’t proven so.
Looks like this will go below 15p as it seems the Chinese are not interested but I hope not.
All markets are down today and considering the SP is holding well! This is a temporary drop so grab the opportunity to top up, as it won’t last long. ;)
1. Strong defence spending
The company’s results in the past few years have been dominated by performance in its civil aviation division. That is understandable, as a fall in the need for engine servicing due to lower passenger numbers spelled bad news for the engineer’s revenues and profits.
But I think it is important to remember that defence clients form a large part of the Rolls-Royce customer base. Unlike many airlines, such clients do not have shareholders to keep happy. They can spend even in a recession. With security tensions mounting across the globe, I think strong performance in the defence division could provide support to Rolls-Royce shares.
The company said that last year its defence division saw “growth driven by strong demand in all our markets”. In setting out its expected performance for this year, the company specifically mentioned “continued good contribution from Defence”.
2. Lifting of travel restrictions
Civil aviation has recovered strongly in North America and Europe, thanks to the lifting of many travel restrictions. But key global economies such as Japan and China continue to impose a variety of travel restrictions.
Nobody knows when that will end. But it seems fair to expect that such restrictions will be eased at some point. When that happens, I expect passenger volumes to increase and airlines to restore more of their long-haul service. That could be good for engine servicing revenues in Rolls-Royce’s civil aviation division. It could also spur more airlines to start updating their fleets, boosting the engine maker’s order book. So I think the easing of such restrictions could trigger a positive rerating for Rolls-Royce shares.
3. Dividend restoration
Many shareholders have longstanding investments in Rolls-Royce. One reason for that was its dividend.
For now the payout remains suspended. The company will not pay dividends this year even it can afford to, due to loan conditions. But, depending on its performance, it may be free to restart payouts next year.
It has already made financial progress, such as returning to free cash flow generation. If it signals that it expects to be able to restart dividends, I think that could give a boost to Rolls-Royce shares.
Check this out…
https://careers.rolls-royce.com/united-kingdom/
Ooopppsss sorry now showing 7% up ;)
Excellent day with SP rise to 6% up!