Member Info for BearFoot

Great news today.

Good to hear VOD will be investing in B2B IOT networks.

Plenty of opportunities for future growth, with a rebased DIVI to keep the investor interested.

One for the longer term, not for trading

The price fall from the beginning of 2024 semed to be due to lack of confidence regarding the large debt position and uncertainty of funding due to current business levels.

Todays results suggest the business as a whole has stabalised and producing increasing free cash flow, bringing debt down and seeing modest order increases, with the backing of lenders and the government export finance scheme.

With todays increase back up to the previous 'base' price around 185p it seems confidence in self funding has returned.

As such it seems this is now a waiting game to see meaningfull order increases. With the uncertainty of a global big election year and its impact there could be a volatile road ahead. Assuming no black swans, new leaders will want to pump their economies with economic activity, regardless of inflation effects. Hopefully Synthomer products will be needed in that pump, although maybe towards the end of the year and into next.

Patience may be needed, but top up opportunities through this year could be profitable into next.

If this is a dog, I'm liking the sound of its bark today!

Apparently Norway O&G tax is higher than UK.

If so, they must be profitable enough to make it worth while.

Is the UK issue a lack of consistancy and a changing financial landscape?

At least the tax hasn't been increased in the budget, only extended for now, which could change.

And there was a comment about changing the tax as O&G prices 'normalise'.

If SQZ cost is $20 / boe they 'just' need to remain efficient and use other tax incentives wisely.

With other NS assets coming up for sale they could increase expand further.

With a divi so large and apparently managable whats not to like? As long as its not cut.

Compilcated subsidiary arrangements around the gazprom assets all part of Wintershall assets

Will the yield end up like Diversified Energy DEC @ 30% !

Are we expecting any favours in the budget or is that what were waiting for?

The slow decline needs something to give it a boost.

Strange with such a high divi yield.

Croda announces results on 27th february.

Which should give an indication of the overall chemicals industry, with some read across to Synthomer.

Fingers crossed for positive news, and overall increased economic activity.

Its worth noting that car loans are vulnerable to distress risk from a weak economy.

The US is already seeing a rise in defaults, although I appreciate CBG do not operate there, but the first thing to be given up in a more serious recession will be flashy cars. With inflation remaining higher, will interest rates fall and will consumers carry on spending like the last 20 years?

@HorisM

I dont disagree

But the 'noise' could last a while and create an opportunity for traders who will 'enjoy' the wild ride.

Not that I'm a trader.

Like the company says the risk from the insurance issue is unknowable.

With MArtin Lewis on the case encouraging complaints the uncertainty will last a while.

The share price will react on a whim.

Its already down 50% since january.

The low could be a long way away.

Surely it will need backing from the big boys:

https://www.endeavourmining.com/investors/institutional-ownership

if thats still up to date.

The US dollar is getting stronger, perhaps because interest rates wont come down as quickly as come people had been saying, which in theory is bad for commodities.

Until the next FED meeting on interest rates I can see this EDV slipping back especially with all the negative comments. Institutional holders will keep taking the divi's which may pick up with increased production later in the year.

How low they go on volatility in the mean time is anyones guess.

If BASF are selling out of the combined entity after the deal someone needs to load up.

If its Mr Slim whats the problem.

New money taking buying in.

Short term price moves aside, not sure about a 12 month multi bagger, but 360p with divi's along the way will do for me.

The stronger US dollar wont help the price of O&G

The US dollar is getting stronger at the moment.

Which, apparently reduces commodity prices like oil.

Were seeing this at the moment and perhaps why O&G stocks are falling.

If your invested here, you have to believe the world still needs oil and that HBR are doing the right thing by diversifying internationaly. HBR are cashed up, at the moment, and can maintain the divi while you wait for the deal to hopefully rerate the shares closer to 360p.

Otherwise buy a tracker fund.

No Idea really, but the deal with Microsoft for IOT in Africa and Europe looks like a good one.

Will it be a growth driver via M-Pesa?

Not just CEY.

Resources stocks in general seem to be having a better day. EDV etc

More likely that overall politics are having an effect.

With China talking about repatriating ALOT of money back to china how will the US dollar react?

I weaker dollar suggests stronger commodity prices which would be better for miners.

Markets looking ahead ??

I could see a partial sell off, similar to RR, to raise some ready cash.

It'll take time for institutions to change their mind about the longer term prospects.

Reading all the projects pfc have in the pipeline they do seem like a company with huge potential. Leaving the past politics behind and sorting the current cash flow, surely makes this a great share to own. Huge risk of equity being wiped out. But traders aside, the underlying business seems intact and a huge asset for someone to own.