Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
..........Deramp that news shorters. The coming days should be very profitable indeed.
People are just scaremongering Sharebel because they can smell that 37p divi and want to get in as cheaply as possible. Evraz is a British company, listed in the UK. Some, but not all of it's assets are located in Russia. If the worst came to the worst and they had to get rid of those, it's still ridiculously cheap at 65p on just the other assets alone.
Didn't see the interview, but that's great news for EVR holders. So no sanctions for EVR it would seem and a massive dividend days away. Should see this breeze through 100p this morning very quickly now with this news IMO.
Evraz is a 100% British company so won't affect them whatsoever.
Read the Motley Fool article and it was extremely positive. The writer said he was hanging fire personally, but other than that it was very positive.
In all fairness, this is a British company, and people buying this are essentially betting against war. It's the people buying American, British and European oil and gas companies who'll benefit the most if Putin gets his nukes out.
This company and everyone involved are rank amateurs draft. They'll use everything that's going on as another excuse now. It's a complete and utter disgrace.
Called it.
Under 300p is looking nailed on today. I suspect people are getting out ahead of tomorrows news.
.............Nearly a year since FPP went into suspension. World war 3 is on the horizon and no doubt empires will have risen and fallen by the time this company gets it's act together. A confirmation that the company aims to at least be trading before the earth is consumed by the sun would be a welcome update for long suffering investors in stinking prosperity at this point.
If there is a takeover announcement then the SP will go up, but make no mistake, that is the only thing that will turn this around now. Other than that, MM is out of ideas, the companies financials going forward are entirely predictable in the short-medium term because MM doesn't think outside of the box or try and change things up because he's useless. The only thing that could save the SP here is a takeover, and it seems MM might be busy rejecting offers while not knowing how he'll turn this around. Until a takeover offer comes (Unlikely with MM at the helm), or until MM walks, this can only go down IMO.
Not deramping, and if you think I am, please explain what news is coming in the short term to stop this being shorted down and down. It doesn't matter how cheap you think this is, if MM is going to spend more time on Instagram posting cringeworthy motivational guff rather than getting creative and making radical changes to the companies business approach and PR, then I'm afraid the big funds will happily short this into the ground.
I'm annoyed for everyone here who's been shafted by this nonsense. MM needs to go IMO.
Exactly right goldy. They'll blame covid as usual. The reality is, they've made no real effort to change anything. They just keep racking up the losses and spending money on more junk.
...........Full year results will land any time soon now and I suspect they'll make dreadful reading.
MM has managed this company very poorly. He seems incapable of thinking outside of the box. Expansion, loss, expansion, debt, expansion, loss, bigger losses, more expansion, more debt. I really think he's living in a dream world to be honest.
It's pretty obvious people are getting out before the results land.
You've hit the nail on the head unhooked. There is nothing on the horizon to change sentiment save for a takeover offer. Not a good position to be in. Every day there isn't a takeover rumour or offer, this will slide further IMO.
All the signs are that this will keep falling until the board does something to stop it. MM is one of the worst CEO's I've ever seen. He seems completely out of his depth and totally clueless. He doesn't know how to stop what's happening to this company and is obviously out of ideas. Every time he opens his mouth he makes things worse.
People are moaning about the time it's taking but even more so the shafting they've gotten with the 2p placing. You make it sound like all is going according to plan and that your research has served you well. Surely if that wasn't the case you wouldn't have bought in at all until the 2p placing or until it relisted, because anyone who got in early has been severely punished for their patience and loyalty.
Nobody invests short or long term to be down by 50% or more at any point. Once the old "I'm long term I am" and "Give it a few years" starts being thrown around, you definitely know the brown stuff has hit the fan. If the people who are down horrendously on this think they're going to have to wait years for a break even or a slight profit, I can guarantee they'll be selling quicker than anybody first chance they get.
I don't understand why you are constantly sticking up for this company and it's board. Up to now they've delivered nothing but disappointment. People have a right to be angry, especially those who either didn't have the funds or ability to take the disgusting placing. If this company is anywhere near as good as you say it is, and the board are anywhere near as competent as you obviously think they are, then you've no need to keep posting here whenever someone expresses their discontent with the manner in which this company and it's board have conducted themselves. I know what it is though, you've taken the placing, and now the greed that took you over when you thought you were getting a bargain at 2p has now turned to uncertainty. You know full well you might not be able to flip those shares at the open, because the people who've been shafted here will be selling before you. Essentially, the people who've taken the placing have been shafted twice by the same company, and they only have their own greed and disregard for fellow investors to blame. The heavily discounted placing has made the company ridiculously overpriced and people like you only have yourselves to blame. The company is a bigger basket case than ever before because of the 2p pickpockets. That's Karma for you.
There's obviously some agreement in place otherwise they wouldn't be selling the tests on their site. In my mind, that is material. Not sure how they decide what is and isn't material.
It could be worth everyone here giving Singer Capital Markets a ring and reminding them of their duty as NOMAD to ensure Abingdon is abiding by market regulations. If they ignore that, then a friendly reminder that perhaps the FCA is the last port of call for many of us here. There have been so many blatant examples of a failure to update the market of material changes since Abingdon listed. They have a genuine case to answer here and if more of us here were more proactive in putting pressure on these companies and their advisors, they would have to start behaving in line with market regulations.