George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
AJ Bell are saying 'Instrument is not traded' ?
Lets not get too excited, a 49ft gas column means nothing without knowing the area and pressure involved.
Insider trading...whoever heard of such a thing!
Something is wrong here, the fundamentals and the share price are at odds with each other. Either the board are misleading PI's or the price is being manipulated for a takeover?
Anyone like to tell the rest of us whats been said?
Selling part of the license was the way I was thinking Iceburg. Surely the most acceptable method to PI's and II's alike.
Took a heavy loss this morning. I still believe in this share but 6 months ago we were at £6.20, with no bad news and I can only see this going one way from here. All depends how long your prepared to wait for a recovery. GLA
Results are pretty much as expected but even so, its very quiet here.
Sold these a couple of years ago around the 190 mark for a decent profit and they weren't in as good a shape as they are now. Some bad press and a fickle market has pushed them down but I think they've got a way to go yet. LTH
Have a look at BCN and SEE both with huge potential imo, also IOG is seriously cheap atm. Have you found anything other than HZD?
for the trading statement that says profits are down, debts gone through the roof and the order books empty. The SP has dropped 40% in 6 months on nothing but good news, it's about time they issued a stinker RNS and maybe the price will go up, this company is just not playing by the rules. Can someone remind me what the rules are?
Woodford is getting some bad press of late but reckons 2018 will be his year, who knows. There are a lot of small volume sells here that are pushing the price down and the only decent volume buys were on Friday during the after hours auction. It looks like the mm's are pushing the price down and the II's are hoovering up the stock, typical tree shake IMO.
Thanks for posting this, I hadn't seen it before but the current price drop may be attributed to it. IMO if things were as bad as the report suggests we would have seen some of the Institutional Investors, who own the vast majority of the company, reducing their holdings. Also, short positions are currently shown as 1.3%, hardly damning. Still, its a worry and as you say it will be interesting to see what the BOD comes out with in the next trading statement.
I think it depends on their Brexit stance. Citigroup are pushing for the financial sector to be moved to Frankfurt and are looking at 'what if' and 'maybe' scenarios, JP Morgan are currently non committal on any move and are, IMO, looking at the facts and figures presented to them, as we all should. Too much political backstabbing at the moment in all parties, sectors, organisations etc
This is a W. Buffet moment, you've red the results and everyone is selling, if you believe in the company there's never been a better time to buy. Only negatives for me are the reduced operating profit, minor pension increase and negative cash flow affect from FOMEDEC ( French - say no more) but overall this is a very solid set of results.
results tomorrow for this seriously undervalued stock. BAB have consistently stated their 'healthy financial position, with growth in line with its expectations' yet the SP has fallen 25% since May. Like Glasshalfull I'm unsure what the market expects anymore, a 3 ring circus with fireworks and dancing girls perhaps but how does the Bod fit that into a financial statement? One things for certain, sure and steady growth doesn't cut the mustard anymore. Perhaps the conspiracy theorists are right and the bottoms fallen out of the company, they just forgot to tell us!
Below is an article from AJ Bell Shares Mag 2/11/17 - hope this helps alleviate some nerves. SHARES IN BABCOCK have fallen by 14% this year as investors fear it will suffer the same fate as its London-listed outsourcing peers Interserve (IRV), Capita (CPI) and Mitie (MTO), all of whom have issued profit warnings in 2017 or late 2016. Several analysts are now saying the shares look really good value and we agree. Even fund managers are getting excited including Seneca Investment Managers which has recently added the stock to a number of its portfolios, saying the market shouldn�t associate Babcock with the aforementioned support services firms. �We believe the company is fundamentally different to others in its sector. It has a very skilled workforce, and these workers are increasingly in short supply. �The company operates in complex, highly regulated and often secretive industries, so the barriers to entry are high. �Contracts are long term in nature and allow gains and pains to be shared with customers. Unlike many peers, Babcock doesn�t depend on cost-plus contracts that often rely on add-on work at high margins to earn a decent overall return.� Examples of work undertaken by Babcock including refitting UK nuclear submarines and naval ships, maintenance of the London Fire Brigade�s fire engine fleet and operating air ambulance fleet. Nine analysts now have �buy� ratings on Babcock versus four �holds� and two �sells�, according to Reuters data. The median target price is �10.20, implying potential to make nearly 25% return in a year.
the SP was this low it bounced 60% in a few weeks, given the lack of bad news there's no reason why it shouldn't do the same IMO
Same here MC, already topped up last week when my crystal ball let me down again. Its a eunuch's life for me from now on
My shares have been transferred today to IPO, trust they have better luck there. Arrivederci IVO