Member Info for Bazzaman

Nice picture
https://twitter.com/OpenOrphan/status/1356861136197607425?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

https://www.youtube.com/watch?v=rbTXuhkB6O0&feature=youtu.be&ab_channel=ILOVEPROSPERITY

Update this morning with ST raising his target price to 330p.
https://twitter.com/IChronicle/status/1356527211952693248
GLA

Fingers crossed on approval for Chronocort now phase 3 results are out.
https://www.investegate.co.uk/diurnal-group-plc--dnl-/rns/chronocort-results-published-in-jcem/202102020701076304N/
GLA

I've copied what Stockopedia said in November 2020 below.

What do brokers say?

The most recent broker note is a Q1 review from Liberum, published on 30 October 2020. To summarise:

Sylvania has achieved a strong operating performance in a challenging environment as production levels ramp up to pre-lockdown levels,
The group is significantly cheaper than other PGM plays and 'even in a flat PGM price environment, Sylvania should significantly re-rate and deliver large dividends in the years ahead.'
PGM prices enable continued impressive cash generation, and
The price target has been upgraded from 115p to 140p.

Liberum only raised their SP target price from 140p to 200p last week and I suspect their estimated revenue was raised to US$192m on Stockopedia last week as well.

IC estimates was shared on 11th January 2021 and no mention was made of Liberum raising their target price then.

In November 2020 Stockopedia added SLP to their investment club and their revenue target price for 2021 at that time was US$137m.

I'm happy with their original 140p target price so in my view no market expectations were missed.

Velo, are you sure your figures are correct?
Liberum's original full year revenue target price was US$145m and IC's target expectation was US$175m.
No idea where your £192m+ comes from?

Last year's news, says so in the text.

Who was expecting $25m? Dream on. Read the RNS and you will see the announcement on the special dividend.

"Financially the Company continued to benefit from the stronger PGM basket price in recent months and a decision will be taken on the windfall dividend at the review of the interim accounts at the forthcoming Board meeting in February 2021."

Last year half-year results announcement was 17th Feb so expect around same time.

25% down, you're talking nonsense. Bye

Market makers to market manipulation.
SP will recover once CF's announces the anticipated news and with February starting on Monday looking forward to a fresh month ahead.
GLA

Also based on annual production of 70,000 ounces.

Simon's IC target price of 145p was based on full year net revenue being US$175m and post-tax profit of US$93m. At the half way point net revenue is US$85.2m (Q1+Q2), and post-tax profit of US$40.4m (Q1+Q2). Basket price is higher than average price in both Q1 and Q2 so expect improving results for Q3.
SP seems to be undervalued and artificially low.
GLA

I see a 2nd presentation for February has been added on Wednesday 22nd, could be a good month for updates.
GLA

try this.
https://www.morningstar.com/stocks/xlon/ggp/ownership

https://www.proactiveinvestors.co.uk/companies/news/939687/greatland-gold-s-gervaise-heddle-highlights--tremendous-numbers--from-recent-havieron-drilling-939687.html

Sorry, fat fingers 27m shares not 72m.

EUA SP at 29p had a market cap of £814m which was ludicrous. Completely overpriced, with no chance of hitting profits to justify that price.
Shareholder sold 72m shares which he had bought in 2017 at 0.28p per share, lovely profit for him - why not.
If you chase these shares without doing proper due diligence then you end up paying the price IMHO.
Anyway, back to GGP - looking forward to the update on Hav. this evening.
GLA

Raises target price from 145p to 200p
GLA

We are pleased to advise that our Executive Chairman Cathal Friel will be attending the
@SHARESmag
Webinar, Wednesday 3rd February, and be outlining some of the exciting plans that lay ahead for 2021