Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
This is on my current buy list and looks good value at this price but it has really declined past week+. Interesting point about BREXIT and possible currency issues (think we will stay in though). Not seeing any strength so this may have further to fall will keep on watchlist looking for good entry point.
This was only going up past £3 if results had exceeded expections they just came in as expected, i was stopped out but put a tight stop on this in case (As happened) the market has not liked the results! Long term maybe but possibly they could be over valued at this time its back on the watchlist for me. Further increase in profit/dividend later in 2016 might be back in or the price drops to around its IPO price of 240 might purchase again.
Good results strong growth but these markets do not line 'in line with expections' shares showing strong results but not exceeding forecasts are being dragged down (+FTSE down as well) Thought this might happen today nothing appears to have changed long term prospects! My stop will be hit today and expect PAYS will be drop today as well so might have but more there!
Results tomorrow bit disappointing to see this heading down day before results! Am hoping the results are good/outstanding or could see a much further drop! Been pretty range bound last few weeks. Times article sounded good read
I got stopped out on Monday but at this price does appear to be undervalued but market sentiment on tech stocks pretty poor! Does appear to be a very high quality company tempted again at these levels!
I have had a small top-up here feels just a bad market day lots of shares are well down today from Worldpay to banks & house builders not much blue around today. Hopefully we should see this recover in next few weeks unless there is bad market news
Nice end to the week! Great result always love the words 'ahead of expectations' thought trading update out next week so another little surprise! Great to see re-rating from Barclays and price target of 560 roll on March!
Yep it was MetalGuru who started the title "panic selling" and am sure that will be part of it, when a SP drops 15% in one day that must be a worry to most private investors. For me its again risk management and have loss quite a bit on ETO this year, if you brought in at 250 you have seen near 30% of your investment gone at this SP for me the risk is too high. I have always liked this company but there are some worrying trends including question marks over the debt, deep discount to SP on placing, bonds issue to replace existing debt and general downward trend of the chart. It may well go back up or even a bid (which the ETO would seem to welcome) but the risk has become much higher! This is from LSE (broker comment) on their main page "We think investors will be disappointed by a refinancing of existing debt facilities that has essentially led to a 9.0% cut in FY17E EPS, long before its existing facility expired in January 2018, and ahead of what management believes to be a very strong film slate in 2016." GLA to those still in after today
I expect some is its a snowball effect 200 level broken that will have hit many stop-losses seeing further selling then people start to panic sell when its down 10%+ The SP does appear to be in free-fall and wont be surprised if this hit 150! It seemed at one point the company wanted to sell so a bid would not be unsurprising but how much of a loss can people take if you brought in 220-250+.
Once this dropped below 200 i expect it will have hit peoples stop-losses which will see further selling. Hopefully we will see some buying this afternoon but at the minute this is in a down trend and very unloved! Am sure on a 2-3year time-scale this will still do well but with such a large discount on the placing price it was always going to be a rocky ride!
Very true CM i almost did sell half my holding last week but thought it will be fine how wrong was i! Happy got out with a profit and just going to see what happens with the SP over next week. Yes am waiting for this Santa rally lol but have freed up some capital in case i see anything of interest!
Looks like i sold just at the right time for once! I think if this gets back to the IPO price i will be buying then! You could be right it could fall to 150 if support completely falls away, as for tomorrow not quite sure what to expect!
I thought they were good as well apart from weaker film sales in 1st half broken support i felt it had at 215. There does not appear to be a major seller but i have no idea its not loved at the minute thats for sure! Drops below 200 thats me gone until something changes for the positive!
I have sold had some hope that we may see some blue was up almost 3% earlier but it has given up those gains and appears to be heading back into the red. This is still a great company and am sure i will purchase again depending on the price!
Hi CM, I am very much in the same position as you past 6mths have been tough! I had a number of spreadbets on KNOS but was stopped out around mid-day so took a small profit, still own some shares that i purchased around 190 so still in profit there as well. Todays drop was unexpected i felt there may have been a drop of 6% and after early trading down 12% it then recovered were i thought it would stay. Was pretty shocked to end the day down 18.5% and stopped out! Am not sure whats next for KNOS will it bounce tomorrow or slip back towards 200/205 the spending review on Wednesday may hit sentiment with the cuts to Governement spending as well. For me i think the key today was Investec downgrading to hold from a buy and price target of 250 when it started the day around 280!!! If that had not happened i believe we may have seen a drop but prob less than 10%. If tomorrow does not rebound i will prob sell rest of my holding but look to rebuy aorund the 200 mark if looks like going that far. I believe 2nd half of the year will be better than the first as well!