Member Info for BakedPotato

After a trip up north to North Yorkshire, JPMorgan Cazenove said securing the next tranche of financing remains crucial for Sirius Minerals PLC (LON:SXX). The broker said that, despite the good progress made on key areas of the project, �there undoubtedly remains a considerable amount of work to be done over the summer to hit the internal target for Stage 2 financing�. Stage 1 financing provides the company with enough money to last it until about the mid-point of next year; as a result, the broker will be keeping an eagle-eye on the potash project developer�s progress in securing additional procurement contracts and off-take agreements, which will be key to securing the next round of financing. Day one of the analysts� visit to the polyhalite project in North Yorkshire included a financing overview, marketing & agronomy updates and a visit to the Woodsmith mine site. JPMorgan revealed that stage 2 financing is still targeted for completion by year-end and the company is working hard to lock in remaining procurement items and additional off-take contracts over the next couple of quarters. The focus regions are Europe, Brazil, Africa & India with JT Starzecki, the chief marketing officer, noting that the most receptive market to POLY4 was in Europe, followed by Brazil. �Interestingly, India as a target market appears to have moved up the pecking order following FCO (�fertiliser control order�) pre-approval,� JPM noted. �On a practical level, a concern we've had was SXX's capability to negotiate new deals across multiple jurisdictions and to what extent this may impede the targeted off-take; however, management believes they now have built-out sufficient personnel in the right geographies to deliver the additional volumes required,� the broker said. At the Woodsmith mine, JPM said the mine developer appears to have picked up the pace on diaphragm walling, with the run rate increasing to 0.3 panels a day over the last month from the first quarter run-rate of around 0.15. �Based on the current run-rate, we expect d-walling on the first fore-shaft to be completed by late June,� the broker said.

Ogino, clearly you have your own agenda and are not averse to posting misinformation and selective data to meet it. �......IPO would allow them to generate cash and continue paying stobart group shareholders after 2020 when their cash runs out from selling off their inheritance as gearing of 30% can't continually be increased to pay dividends.� The facts: Dividends: Stobart have stated several times in recent RNSs that the strategy is to use disposals from its Infrastructure and Investment divisions to support the dividend to 2022. Gearing: As stated in the balance sheet, Stobart Group acquired aircraft related debt of �70.7m following the acquisition of Propius Holdings Limited. The debt at 28 February 2017 was �71.1m which was ring fenced and fully repaid post year end. BP

Agree, very tempting, so just bought a few more. If the yearly divi is 15p, it could be more, that's 6% at the current price. BP

Final dividend was 10.35p last year and 9.95p the year before, both paid June 8/9. The company has increased the divi each year over the past five years and I don't see why it won't this year, it should be around 10.5p.. Have just bought a load for the divi which is almost 6% now. I would expect the SP to head north over the coming months. BP

12.5% stake I believe. BP

Britvic contract - It doesn't appear to be doing the SP any harm. Onwards and upwards with a nice divi. BP

......Barclays

I have received mine today from Barklays.

On 27th (Thursdayy) Stobart are reporting half year results. I expect the report may include dividend news. I am also expecting some good news on profits. Time for a top up. BP

Have been buying STOB since last weeks article in shares mag, primarily for the dividend but also expect SP increase over next 12 months. Article: Logistics outfit Stobart (STOB) will update the market on progress towards a £28m profit target across two key divisions when it reports half year results on 27 October 2016. Stobart is aiming to deliver £20 million of earnings before interest and non-cash costs (EBITDA) in its Energy biomass supply division and a further £8 million of EBITDA in its London Southend Airport asset. A trading update (8 Sep) indicates the plans are on track and there could be room for further surprises when results are published, according to analyst Ken Rumph at investment bank Stifel. ‘Stobart’s first half (to end August) update confirms the significant progress made by the Energy biomass supply division – more than sufficient to meet its £20m target,’ wrote Rumph on 8 September. On top of the £28m it aims to make from Energy and Aviation, Stobart also has a number of other profitable assets. It has a 49% stake in the famous Eddie Stobart haulage brand and full ownership of an infrastructure and investments portfolio as well as a rail business. Rumph estimates Stobart will deliver pre-tax profit of £28.7m in the year to 28 February 2017 and earnings per share of 6.1p, both an increase of 56% year-on-year. Dividends, forecast at 12p a share, are sustainable Rumph argues. There could even be higher payouts because of disposals of some of Stobart’s infrastructure assets. BP

Have been in CRU since article in Shares mag, December 2015 and topping up recently in the 18's which I think is bargain basement prices. First post here as I don't have a lot of spare time. Below is the latest (April 2016) shares mag article which is very positive. Hoping for a decent rise on results but importantly, a decent dividend. Thanks to the posters who keep this board alive and good luck to all holders: "Recent share price weakness at plastics manufacturer Coral Products (CRU:AIM) is a buying opportunity ahead of an expected leap in profit and dividends following an acquisition spree. The £17.7 million cap has snapped up two companies so far this year as part of its five-year plan to become a £50 million turnover business. In January Coral bought the assets of Rotalac Plastics, a provider of bespoke thermoplastic extrusion and moulding solutions and the UK’s leading manufacturer of plastic roller and aluminium shutters. In February it acquired Global One-Pak, which designs, manufactures and supplies lotion pumps and trigger sprayers to major supermarkets worldwide. Coral’s share price has fallen from its mid-January high of 24.5p to 21.5p, but we think this drop will quickly reverse once the market realises the benefits the acquired businesses bring. The deals extend Coral’s product range and will enhance earnings by 12%, according to estimates by Daniel Stewart. The stockbroker has increased its pre-tax profit forecast for the year to 30 April 2016 from £1.6 million to £1.7 million, representing a year-on-year rise of 41.7%. On a proforma basis, including Rotolac and Global One-Pak for a full year, continuing pre-tax profit is expected to be £2.25 million, rising to £2.44 million in 2017. Proforma earnings per share for 2016 are forecast to be 12% higher than the broker’s last-published estimate, at 2.5p. Coral looks to be well on its way to achieving its £50 million turnover target, as the enlarged group effectively generates annualised turnover of almost £30 million. The acquisition of Global One-Pak gives it the potential to provide a one-stop shop in the dispensing market. Last year Coral bought the assets of Neiman Packaging and with it the ability to produce bottles for the healthcare industry. Coral is expected to be strongly cash generative this year, which should fund further dividend growth. It’s expected to increase its full-year dividend by 43% to 1.0p for the year to 30 April 2016, giving it an attractive yield of 4.7%. A further 25% dividend increase is forecast for 2017. Cash could also be used to cut debt by up to £1 million. Net debt fell from £4 million to £2.8 million in the six months to 31 October 2015, resulting in its gearing reducing from 44% to 26%." Share Mag Comment: Coral’s ambitious expansion plans are looking increasingly achievable and should lead to further share price advanc

12:24PM GMT 05 Jan 2016 GVC’s £1.1bn acquisition of Bwin.Party won't complete until the beginning of next month, but its bet on the online gambling company is already starting to pay off. Bwin, the Foxy Bingo owner that has suffered from years of falling sales, announced it had returned to growth during the fourth quarter and posted an encouraging 5pc year-on-year rise in net revenues, which were up 8pc once the effect of European Union VAT changes were stripped out. The biggest driver of sales growth was Bwin's sports betting and casino operations. That will reassure GVC investors because the company plans to move its sports punters onto Bwin’s betting platform following the acquisition, which is officially due to complete on February 1. In its last update as an independent company, Bwin also said that recent cost-cutting had yielded “significant progress” and, with the European football championships kicking off this summer, it believes its “prospects are strong”. The update is a boost for Sportingbet owner GVC as net revenues had been shrinking at Bwin, slumping 7.6pc last year and 20.7pc in 2013. In the light of that lacklustre performance, Simon Davies, analyst at stockbroker Canaccord Genuity, described the recent 8pc underlying increase as “impressive”. “To put this in context, this was only the second quarter of year-on-year growth in the past three years,” he said. Peel Hunt analyst Nick Batram was also encouraged and told clients: “There are positive signs of progress at Bwin.Party and GVC’s takeover looks well-timed.” In a further fillip for GVC, Bwin also disclosed that it's a beneficiary of American credit and debit card giant Visa’s $21.2bn deal to buy its European sister company. The gambling company’s Kalixa Payments business will receive about €10m upfront, because it is one of Visa Europe’s more than 3,000 so-called “principal members” that own the business. Kalixa will also net further payments from the deal if it remains a member over the four-year earn-out period, when more money will be paid provided Visa hits performance targets. Investors were cheered by the trading update, pushing up Bwin shares by 1pc, whiles shares in GVC inched 0.7pc higher in mid-morning trade. http://www.telegraph.co.uk/finance/newsbysector/retailandconsumer/leisure/12082476/Bwin-returns-to-growth-as-GVC-takeover-nears-completion.html

Posted from the Sunday Times by Mylands on ADVFN:- I am rolling the dice on GVC, the gambling company that last summer took over its larger rival Bwin.party Digital Entertainment. GVC, which is listed on Aim, will join the London main market this year. The share price fell slightly last year following some uncertainty about the Bwin.party deal. They closed at 463.5p last week, so it is a good time to buy. Even GVC's fiercest rivals concede that chief executive Kenny Alexander has a strong record for integrating businesses, as shown by his takeover of Sportingbet three years ago. He will be expected to strip out costs from Bwin and could make disposals. Some have even suggested that GVC itself could be an attractive takeover target. The shares look reasonably cheap, trading at about ten times annual earnings. Headwinds could come from its exposure to unregulated markets, but there are enough positive signs to make a punt worthwile. BP

Agree BJ, I was being conservative with 600p; 800p a possiblility by 2016\17. Definitely time to top up. From the IC write-up: "....GVC.... reported an 11.7 per cent rise in net gaming revenue.... Sports wagers were also up..."12.7 per cent. on the comparable period of 2014. Importantly, gross win margins also rose to 9.3 per cent compared to 8.7 per cent in the same period last year. The fact growth is still evident should mean its forthcoming acquisition of rival Bwin.Party Digitial Entertainment (BWIN) will add an extra dimension rather than replacing waning organic growth."

Bazle, I can’t see a roasting (260p) on the menu but the SP may simmer for a while around 350p-370p. However, once the blending and sifting is complete I see the SP boiling over, somewhere around 600p; we shall see. BP.

Be ready for over 600p in 2016/17, plus a fat divi. BP

...expected SP increase over the next 12 months.

"Looks like a lot of 'insider' buying today..." or could be punters (like me) buying after a positive tip in Shares magazine a couple of weeks back. I've been accumalating over the last few weeks, for future divis and expected increase over the next 12 months. Opinion: Strong buy (the Opinion box doesn't seem to work these days!). BP

GVC chief executive Kenneth Alexander tells Shares: ‘The yield is forecast at 9.6% because we are going to increase the profits of the Bwin business significantly......we expect to get €125 million of synergies..." Panmure Gordon analyst Karl Burns reckons GVC can double shareholders’ returns in four years. GVC is risky at 400.5p but we feel confident in themanagement team’s track record, demonstrated by its success with Sportingbet. BP

Agree, a good deal in the long term, just scraped together £2k and topped up.. BP