Member Info for bistolover

My take on why share price is not moving with gold price is due to the 3rd qtr production figures only inline with expectation. Douta PFS not as important as that will take another 3-4years to get gold out. Another key item will be the extension of current mine life which is still not released.

Closed at $1.28, which is 69p

peaked for the day at $1.30, which is 70p

Let's see how it opens in UK. Odd as well in that gold price has not gone up today

Thor share price peaked at 1.20 canadian dollar before closing at 1.15 on the canadian market

1.15 is 62p, 1.20 is 65p. So expect a big opening on monday on uk markets

FT reporting Hedge funds are getting margin calls on Friday at the same time rumours are circling that ABF might spin off Primark. Seems like Citadel and Marshall Wace who have 1% shorts might be squeezed on their leveraged position

You can always follow a more informative handle on twitter/ X @abfinvestor. He/SHE always replies and engages with followers

While you guys waste your time discussing irrelevant topics, abfinvestor on twitter has already started to predict who is next after Credit insurer cuts cover for Asos suppliers

1. I wanted to know if SDRY has any programmes in place to cut energy use in stores currently and how they plan to mitigate energy price rises from April next year. I see that they specifically have very high energy usage in the stores at the airports with LCD’s on shop front, on walls and everywhere.
2. Can you please clarify how much stake Oasis holds currently? As Bloomberg only specifies 3000 shares while times article is saying 5% with gatemore?
3. If SDRY is taken Private where does this leave retail investors?
4. Why do they need external financiers charging a premium? Why doesn't Mr Dunkerton provide a loan at reasonable cost, till free cash flow returns? Also, there could be other structures like Mr Dunkerton provide part of the loans of 70m and Tier 1 banks providing the rest. Why aren’t other avenues being considered rather than going to subprime lenders with track record of using loans to aggressively exert pressure on companies?
6. Why the Tier 1 banks are not providing finance when the company are expecting good trading and they have been supporting the company thus far?

thanks

I know you guys have a lot of questions and want to know the latest about ABF I suggest you follow @ABFInvestor on twitter where all these topics can be discussed or are already discussed for example "Goldman upgrade" has already been tweeted about and you can search "@abfinvestor Goldman" and engage on the thread, You can also ask questions about the company and the guy is most eager to respond. I find this views and information much better than on any of the forums on lse

I have warned before on effects of inflation on thg, fighting inflation creates recessions, this is not good for over priced stocks dependent on consumer feel good factor. good on those who took notice and got out at a higher value, but there are still people who believe in Matt moulding alchemy solution. Thg has over spent on infrastructure that it needs to pay for and does not need.

typo error,

you can find Kallumama posting by searching “@abfinvestor boo”. You can find what Kallumama have posted about BOO and directly engage on the subject . twitter link https://twitter.com/AbfInvestor

Enjoy

you can find Kallumama posting by searching “@abfinvestor boo”. You can find what I have posted about BOO and directly engage on the subject . twitter link https://twitter.com/AbfInvestor

Enjoy

if you want to know more about Associated British Foods, then following the twitter https://twitter.com/AbfInvestor

very useful

"The one reassuring aspect to the fall that it's entirely in line with market trends"

92% fall in 1 year, you living on a different planet, this is same trend as during the dotcom bubble in early 2000, after which most companies which had fallen 90% disappeared. can you remember any of them ?

why take it private at 75p when this can be bought for zero. The company has spent big, this has increased liabilities, over capacity in warehouse is a big cash drain with a business that can't make profits in tough times.

for those gamblers who think buying shares in a falling knife is bargain buying should take a step back and think to themselves what are you buying. Go and look at how value investing is done and forget these sort of hyped shares that capitalise from equity bubbles..

"Only how that translates to this company. You could post that on any stock, why here in particular?"

the company has already warned on the inflation and the inability to raise prices, inflation getting worse means the situation will get worse.

"What makes you think it's got much further to fall?"

18% inflation expectation, interest possibly going to 7%, 45m consumers in energy/fuel poverty, do you need more

"Given where the price is now, unless you think the Co is about to go bust, there is a little to warn people about here."

There is still plenty of room to go lower, but be assured it can only go to zero and not below that so some positives

"Wasn't that the BooHoo board?"

Yes it was the boohoo board, but i thought it was also thg, but I definitely warned on thg and the dodgy ceo, this was also ignored.

how many remember the warnings of the oracle Kallumama who tried you educate the gamblers on this board. how much money has been lost by those who ignored him.