Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Tom/Ailie/Bunsen
A few snippets on the adv-- board, apparently Singers have come out with a strong buy, target of 76p today.
No idea if that is true but it seems to tie in with todays movement.
With a peg of 0.2 there seems an awful lot of potential upside here, according to that thread Singers are calling end year sales numbers up from £29.3m to £43m with eps up from 1.6p to 2.3p.
Again I have ONLY seen this on the other board, anyone have any more info ?
Bunsen
That is also my take on it hence me starting to dabble in these last week but as ever in AIM one has to tread warily, though the last report was amazing, so I really am looking forward to seeing if this follows through in the interims
Bunsen
Last year the interims were out end Feb, they should make interesting reading and give us a good idea of their forward contract flow and if it was as good as it appeared to be in their finals, last year.
I guess we just need to "hurry up & wait" ?
Terry & FD
You are both, imho, spot on, debt is a risk, inflation is not good the Brains deal was insane and property prices, especially for licensed premises, are hardly in a bull market.
Traditionally Super has discharged his "wisdom" sparingly after new year as about 3 years ago he boasted that the time straight after Xmas was when he and his wife discussed what profits to take re cgt & which ones to run, so he couldn't post regularly, I suspect on his apparent performance this year that the current conversation is pretty short !
Nevertheless he always likes to suggest that he knows best, a while ago he stated, we are always one or two steps behind him, this year it is people short of pudding in their Xmas dinner.
Frankly he tends to spout nonsense, as you both, more politely than myself, have pointed out to him.
I actually, having seen his performance over some years on this board, think it wisest to do the reverse of what he says, he may think us short of a pudding, I would respectfully suggest that he is a sandwich short of a picnic.
Also known as the reverse Midas touch.
Just my opinion, of course...
Daytrade
Indeed as I posted in October my motor quote with DLG was nearly double what I was offered by various companies, despite a good record, I know insurance quotes can be fairly arbitrary but nearly double appears to be someone not bothered about losing their business. I wondered at the time if they were concentrating on the higher risk/higher premiums market but Eccles experience seems to debunk that thought.
Malafuster
That is exactly what I am hoping for !
Mozax
I have to agree with you, I can not understand the valuation put on this stock, income looks to be pretty sticky too which is good.
I always think that if something looks too good to be true then it normally is too good to be true, but there are a few things about this company I find compelling, I started buying today for what that is worth...
A reassuring jump in the price today could well be window dressing for year end but pleasing to see after such a dismal run after the RNS announced a "trusted person" enquiry.
Peaky
I hear you but what about all the pub/restaurants they have, not to mention the rooms in their pubs , will they be seeing the turnover too ?
I fear not and the debt mountain was made by building the above structure by the oaf who turned down a £ a share, namely RF
It has now been over 3 months since the RNS which punctured the JIM share price.
I think we should really have been updated by now as to any progress but managements silence is deafening, sadly.
Dibs
Did you have an argument with Santa today or are you dreaming of a bleak Christmas ?
If you hope to pick these up at 5 for a pound, as they say in Christmas markets, I fancy you might catch hypothermia in waiting.
My cheapest purchase was 23.75 ish in October, I always find "TP's" are illusionary, but good luck, Santa might smile on you.