Member Info for 42trader

Not sure if this is good news or not. Shopping in ASDA today I managed to buy the last bottle of Dentyl on the shelf. Other brands were pretty full up on the shelf.
Dentyl is either selling very well, there is an ordering problem or there is a stock issue. My local ASDA is Kendal. I would be interested to know if this is a problem everywhere. I will certainly be on the hunt for Dentyl from now on to see shelf stock levels.

Pedantic.

Having bought in here a week ago I am unworried about the drop in the share price.
Fundamentally the company is sound. Yes, there is a debt, but this is not massive and is getting paid off. Currency rates will effect this for sure but for me, buying gold stocks is a longer term strategy where I am happy if the sp drops as it allows me to accumulate more.
So much is going on in the world that no one knows what the markets will really do and more importantly 'when'. All you can do is educated guessing. Will covid come to an end this year? Will equity stocks keep on rallying or will they crash or will we see just a correction? How about the interest rates? Will these rise or will the FED keep them low for years to come, bearing in mind America owes approximately $30 trillion and rising interest would cripple them.
So my strategy has been to slowing exit equity stocks and add into mineral stocks with the intention of just holding until minerals have their day again, whether that is tomorrow or 5 years down the line.

PAF has a PE of 7.8
PEG of 0.5
ROE average over last 5 years of about 19
ROA has been steadily growing as has the ROCE.
Cash of approx. $30m and debt of approx. $50m
EPS is forecast to grow with Net profits forecast to grow to £99.86m in 2022.

So, my alert for the sp to fall to for my next buy is 14.6p. This price imo is a very strong support level and as much as I like to see the share price rise, I do want the sp to fall first so that in the longer term I make more money. But who really knows what the sp will do? All we know is PAF is a quality small cap miner.

Strange, my post has reappeared.

Wrote a longish post earlier for it only to disappear shortly afterwards. No idea why but I ain’t writing it again. Better than expected results imo. Loads going on and loads more in the pipe lines. Well worth reading the Cenkos report which you can read for free from their website.

Good results were expected but I think these results were certainly better than expected.
What struck me on first glance was cash decreasing by £2m on the previous year (not including the £34m fund raise). You can go read this for free if you go to Cenkos web site https://www.cenkos.com/research-portal#/portal/cenkos-securities and add your email once clicking on the report.
Upon reading the report my concern for the Decrease of the cash is relieved as it shows VLG having a CAPEX of £2m that they invested into their Italian manufacturing.
It also shows they grew their inventories by £3.8m to help growing demands and making sure they do not run out during these troubled times.
The bod have quite clearly got their heads screwed on, thinking ahead all the time.
They have grown Their Dentyl lines by 60% in the second half of the year, 648% growth of this line on Amazon, gaining more customers to sell too (mainly via Boots but also Superdrug and independent pharmacies). This looks to increase this year also, and I'd expect a big increase to happen still.
I would like to see some more publicity for this brand regarding it's effect on covid and the fact that it is the only mouthwash that kills it, but it looks like they are waiting on the final results from the study of this which is due out Q2 2021.
Sales to China resumed at the start of the year which will be a relief to many investors.
I could go on and on as so much more has happened and this is still before we get any news on further acquisitions planned for this year. Really good read of the Cenkos report and I highly recommend investors go read it.

While I think the bod have done a good job over the years, taking wages in shares shows their commitment, this is not a company I would buy into these days as it does not meet my requirements and therefore after holding since 2017 I have decided to sell and invest elsewhere.
I think covid has weighed heavily on the company who has always had a tight balance sheet before covid even happened.
The best scenario for the sp would be if the company got bought out but I don't think a good price would be obtained for investors.
With luck, I hope the company survives and comes good for those invested still. I think the bod are not a bunch of con men like many other aim bod and will fight to keep the company going, but it'd not for me any more.
Best of luck to everyone holding.

Just ignore these chat boards. Paying attention to them will likely loose you money.

I do love that saying daylight robbery. Originally it derived from the daylight tax brought in, in the 17th century, as a tax on buildings that had more than 10 windows ( nothing to do with Microsoft).

“Is anything undervalued any more?”

Cash.

All good points.
Just to add, set yourself rules. 90% of losses will occur when you break those rules. Have patience. It has been proven many times over that trading less often and holding longer gives higher returns. Don't be in a rush to buy shares and definitely stagger in buys. Use alerts to tell you when a price is triggered will save you loads of time to do other things in life. And finally, the chatboard is the very last place I look when I check out a share.

Seems we seem to be watching the same shares, MaryBr190.

This video is worth watching.
https://youtu.be/UY-uzwDc3oo

Pay particular attention to his gold chart. He shows gold hitting support and the bottom of a trend line. These two factors show gold is about to bounce some time soon. I did mention this support and trend line about a week ago here. SHG does have a similar chart to spot gold.
Yes, it was disappointing to see two directors selling but remember this, they still hold a lot more than they sold and it wasn’t all directors selling. We also know the fundamentals of SHG is very good as well as gold being over sold. At some stage it will reverse, so having the bod sell some of their shares has created a better time to accumulate more shares at a much cheaper price. Accumulate and be prepared to hold for a few years and investors will do better than buying and selling multiple times.

The signals indicate I’ll be buying more. I’m happy for people like you to talk this share down as fundamentally the company is in a very good position and gold at some stage is going to start to move back up again. I’m in no rush, gradually moving my assets in equities into precious metals.

Yep naff seeing them sell, but they do still hold a large amount. The company, apart from the sp is doing very well, so to sell at these prices is strange. Maybe the Mrs wants a bigger house and wont wait any longer.

SHG does have a bit better PE, PEG and 12 month forecast growth. Where as AAZ is slightly better in other areas. But generally very similar.

Does any have l2 here? Feels like an order is being filled.

https://www.proactiveinvestors.co.uk/companies/news/944338/sdx-energy-results-show-record-growth-despite-covid-19-disruptions-944338.html

Don’t worry about gold dropping in price. Just add if you can. It WILL turn eventually, and when it does, it will do it quickly.

Thanks all for the comments. I'll check them out.
Sharegar- forgot to mention I do hold a small amount in RSG from nearly a year ago I bought at 57p. Agree with you. It does look like it is about to turn. Chartwise it has double bottomed and the volume recently has been dwindling which happens before a big move. A safe move would be to buy on a breakout above 39p but overall I like the signs now.

adamsmithfreethi - lol yeah. If they'd just done the rns at 9am I would of owned them. such is life.