Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
That was a decent call this morning. My main take away is that they seem to have a good plan to move customers to a more subscription and more predictable revenue stream. The current share price doesn't event take into account the merger with Schneider Electric industrial. Only criticism is the future plan seems safe and could have been a little more bullish. However that just means when they beat targets going forward will benefit future share price.
Currently i think this is a good buy even in current climate. Not many stocks you i could say that about.
I love your optimism. I would love your analysis to be a reality on monday. However you havent taken into account the increased cost of doing business. Althought i too am hopeful of a very positive result we should also brace for news of restructure.
long term should recover well but £20+ is dreaming i reckon.
I think some people bought into the latest share price rating and today realised how wrong it was. with all the security risks in the world going on this company will definitely capitalise especially as they have spent so much time selling.
The question is when the spare powder should be used, 270?
Ofcourse i would love a dividends now and maybe everything has been going swimmingly however i suspect some risk management will be adopted. they are considering structural change and they mentioned how they are figuring out how to Pay russian shareholders. there are factors that would justify a delay of dividends. Again if they pay (which i hope they do) then that is such a bullish sign to the market.
The last RNS Suggested they have £400m of cash or cash equivalents and £500m of facilities. this is great for a going concern basis but probably not enough cash to pay out a massive dividends. If they pay a dividend then this would show tremendous confidence from management and would see huge buys. I am a bit more sceptical on dividends but excite about the future for SP.
Bought some more at 272
Cant buy or sell on HL
Not sure i'm reading it right but look like a lot more buying pressure than selling today. A bit quiet but defo looking positive. max will go down to 288 before going up...Only looking for the bottom to top up. cant wait to see what this is in 6 months time.
Ofcourse...Europe still need a plan B to get their GAS. if Russia really insists on getting paid in Roubles the Europe need a bank to do that with.
Thanks for the summary Clever. Appreciate proper analysis of the situation. I guess i'm a bit more positive on the Ukraine conflict.
The US and Europeans are very worried about inflation and recession which would be exasperated with a prolonged stand-off with Russia. More sanctions seems unlikely because they start hurting Europeans disproportionately more. Any further sanctions levied against Russia will be for news headlines rather to affect change.
however agree in the short term this will be moving in both directions heavily.
Wish I had the nerve to buy more than i have...already have 30% of portfolio in this. Bit on edge about it even though i know how good this is.
agreed...quite a drop intraday from the high...maybe we hit a few SLs on the way down. Hoping for a 380-400 finish
This should be the low of the day i reckon
Clever, what are the long term risks for Poly? sanctions? Putin taking ownership of it? or WW3?
even if the dividends proposed this year is halved....you are still looking at a great dividend return.
Even if no dividends is proposed then we'll see capital appreciation as balance sheet improves.
even now this is a Buy.
Considering what others have read it would seem like this is still a good entry point for someone. simply looking at the financials the company is very much undervalued. Would people still buy now even if you are a holder? what are the risks here? because i'm seeing only one being the sanctions etc but this has been squashed and mitigated against through director changes.