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Still lots of small sellers… honestly what do investors want? Cracking business … consistently improving performance and now a decent return to shareholders…as well as solid plans to grow that lenders clearly believe in… the mind boggles
Yes very true about playing it how we feel… it’s my largest holding … average at 60… and I ain’t selling one share until end of FY25 when they’ve had a full year of trading history with their polished website, partnerships in the Middle East and a change to act on what they describe as their “progressive dividend policy “…. My second liar gets holding in Nvidia and I ain’t selling a dollar of that either. I’ve been burnt too many times exiting early. But who knows eh… notes to more big sells of 175k each today … makes me wonder if my strategy is correct but it is what it is.
I would love to get into the mind of a seller on this… you’ve got something about to pay you over 4 percent yield (for some more depending on buy price) and you’ve got a great foundation, increased online and the company have already said they are on track for growth this year with record mothers days sales so a great chance of share price appreciation… so why sell now? At least get the divi and H1 trading out of the way …. I just don’t get it
Oh man on the face of its great value still and I’m ready to. It more… but with this one you just don’t know what will happen now results have been digested… we’ve never fared well after results … let’s see what today brings!
Just read this on Investors chronicle
But the lowly rating of seven times forward consensus earnings prices in the opportunity. Hold.
How on earth is p/e if 7 pricing the opportunity in? Who writes such nonsense is the reason I’m sticks are so undervalued
Won’t sell mine as my yield at my average price is too healthy. I’m thinking go this could be like IAG which had great results but took a week or two after announcements to get going… at the same time we’ve seen cars go from 1.10 to 90p so many times now… but hopefully the divi will keep us stable.
I’m thinking perhaps the lack of significant move upwards is the divi was on the low end of the scale? An earlier post talks about hitting a dividend cover of 3.1 whereas card discussed a cover of between 3 and 3? Any thoughts anyone?
Yes I agree with the history but I think since covid all bets were wiped off and players like card have to go more than the extra mile to appeal… but on the bright side the divi will increase as time goes by and hopefully we will get some positive publicity to attract more shareholders… we still have sellers which i find odd bearing in mind the yield…but perhaps there’s more attractive shares out there I don’t know about ! Personally I’m happy to hold this out at least another year
I wouldn’t put us past 1.15 at this stage just because we hit that in prior periods and a 4.5p divi from a yield point hits 4 percent which I think is attractive… at the same time I’m trying to manage my own expectations! I don’t know what the average yield in a small cap or a ftse100 for that point … anyone know?
Great update! If this doesn’t gain traction now the only reason I can think of is is trading in line with expectations so far as opposed to being ahead (as they have announced in previous updates) but hopefully investors will understand that trading in line means we are in track for the huge 650mn rev target…let’s see what 8am brings!
Yep I’m with you on the fact that they have hit their requirements in terms of debt paid a leverage ratio also achieved… I just kind of thought they were restricted from paying dividends for anything FY 24 related … hopefully I’m wrong