Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I must say i am impressed !!! While most other shares and the very safe ones too, are falling like a stone, RCDO's one is holding its own and is still in positive territory. Once we get a bit of a short term rebound which is inevitable, the sp might get close to the £5 mark which would be a very welcome surprise.
The strange thing is that the sp had recently gone up to the £480 level, then came the very good results which brought the sp down to the £4.15 and now we are back to the £4.50 mark while most other shares are coming down very substantially !!!
I have to admit i am getting sick and tired of RCDO's share performance which is abysmal, considering the co just came up with what i and many of us investors in RCDO thought were really good results.
If i could get to my break even point any time soon , i would be most happy to get rid of them and close this very unprofitable investment !!!
Totally agree , finally a very good set of results which should push the sp back to the £5 level provided we dont have terrible economic and market news.
The volume was much better too yesterday but today not much activity which is disappointing in itself.
This for me is one of the main problems with this share, there is never much volume traded which means not many retail investors are interested in the share !!!
I cant blame you , i was hoping the sp would keep the momentum going , taking it to the £5 mark but now i fear with more bad news on the way, we may be looking at £4 . Really depends on how the markets react to the new PM 's economic measures , but the reality is that whatever measures are taken , we are going to see a major downturn to the economy.
I dont think its a fear but an almost certainty that we will have a very severe recession. I would have thought that such a solid co like MGNS should offer good protection as an investment but 25% or so loss in such a short time is very severe. And with so much more bad news to come i fear the sp could hit the £15 level or even lower. Very short term . i think the sp will bounce back to maybe the £18 level so for short term traders with £ to burn and not risk averse , there is the potential for a quick 10- 12% profit !!!!
As long as one has funds to burn in what is a very volatile market, it is a no brainer.
Great solid company, run by one of the most experienced and respected executives in the construction industry, very good yield , what is there to worry about.
Yes , very possible it will hit a new low very soon but i see it as a great chance to average down my price as i am a long term holder !!!
If you believe that KLR is a fundamentally very sound , safe and well run co as its history has shown , then if you have funds available, you add to your position once the sp comes down below what you as an investor has set the limit at.
The recent results have been outstanding, it pays a great dividend what is there to worry about. Yes KLR is very vulnerable as most solid long term shares are to the huge fluctuations of the present/future markets.
Its simple really as long as you believe in the quality of the company !!
After the recent news of the potentially huge long term contract in Saudi for MBS's megalomaniac plans from which KLR will greatly benefit, £6 may not happen.
Regarding though a potentially TO by Vinci or Jacob , surely £10 at least would be a reasonable price.
I will add more at this level.
I treat it as a way to add more shares and lower ones average even more. No question that we ware entering slowly very negative times for all of us. But Klr should prove to be a very resilient investment long term but i as i said before , at times when the markets will come under severe downwards pressure , we must be prepared for the sp to come down too ,very possible to under £7. If one has funds to spare, keep adding, The divi alone makes it a very compelling investment
My recent research on the co shows that all the gas soon to be produced will be destined for the domestic Israeli market and not for export. I also feel that the sp is quite high at the moment if one considers that the co could not sell its gas at other markets in the med area and so take advantage of the sky high gas prices.
Also the co has reached agreements with local Israeli utilities to seel the gas at lower than market prices , of course on long term contracts which will affect its profitability.
I totally agree and if the co finds enough gas to supply most of the med countries then the prospects are even brighter.
It would help to see who bought the 5000000 shares of the ceo as if it has been bought but one of the existing israeli ii, i would consider it a big +.