Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I hope I’m not proven wrong but I am long on Barc. I bought more today. When the inevitable interest rate rises start I’m confident this will take off.
Gross profit
1,582,149 1st half 2022
186,267 1st half 2021
How can this be interpreted as anything other than excellent?
The first RNS is excellent news and so is the second. Can’t interpret any part of it as anything other than excellent news.
Plato - a good response, I’ve added a thumbs up.
Sorting this morning’s RNS by ‘most read’, it has this RNS as number 5. There’s clearly a lot of interest beyond the posters on here.
This is just like a game of chess. I’m better at chess than shares but I’m starting to see the end game. Thanks for the 3 green boxes tonight, I’ll take them as a signal that my money is safe. Cheers.
I rest my case
Filtered a couple of posters, so not read their comments. However, I do have a flavour of the comments over the weekend. Like Jeff, English wasn’t my best subject at school. I do have a degree in electronics but only grade C in O’ level English. I concur with Jeff that it is easy to appear more knowledgeable about a topic by using sophisticated words. A weekend away from this share talk allows me to think more clearly. There are posters on here who have either bet the family jewels on a decline in the sp or are paid 20p for every negative post.
This is the second biggest cinema chain in the world. It is not one of a hundred online holiday companies or clothes retailers. These outfits can quickly change their name and redistribute the same carp under a different name. Cinema has been big for decades and is not about to disappear overnight. Yes - difficult times, Netflix, Disney, covid etc. Long term it’s here to stay.
Buy now at single digit pence and in a couple of years it will be ‘how come the shares were available so cheap? Why didn’t more people buy at the bottom?”
Thanks for sharing these documents. It’s all very encouraging and reassuring. Future prospects look good. There will inevitably be unknown obstacles to overcome but also potential for additional projects that are currently unknown. Most of the shares I’ve had on AIM have released additional shares which dilutes an individual holding. However, at the latest fund raiser there were big investors buying at 0.5p. I’m confident that they will have put considerable research into their investment and will not be concerned by price fluctuations which are not linked to news.
Thanks again for passing on the links.
The country isn’t really run or governed by Truss. Those who control the past, control the future. The last throw of the dice was offering sweeteners like free bus passes to the boomers whilst dismantling the NHS. The boomers bought the triple lock pension and bus tickets not realising that the lack of investment in the NHS, was short changing them. They have paid into it for years and now they need it, it’s not there.
350 million a week for the NHS on the side of a bus and they vote for it. Hardly a manifesto ‘pledge’.
The UK did have a part in the EU. Germany is the manufacturer (cars and fridges etc), France is energy (EDF etc), uk is finance. It’s been dismantled in a few years.
Murdoch may be laughing now but I think his empire is about to collapse with the UK.
Hi Aandi, thanks for the reply I really appreciate the links. I’m going to take a good look over the weekend and will reply.
There are inevitably going to be people who post online who have negative comments to share. There are many reasons why they may do this including- sold at a loss and want to be proven right in selling, disgruntled employee, shorter, weirdo.
Please ignore these negative comments and continue to ‘ramp’. As long as it is facts you are quoting I don’t think anyone can complain. You’re invested here and clearly want the sp to rise. Of course you are going to offer comments that support the company long term.
I’m afraid I’ve not done thorough research and instead I’m hoping someone else has. The reference to interim results and mention of the US, has it already been published that they have plans to operate in the states?
Surely the MMs who are taking on these shares at 10% below yesterday’s price will want to sell them at a higher price? It would take private individuals a reasonable amount of time to buy this quantity unless some good news is unannounced. I’m afraid, the only option seems to have a little patience….
Just filtered Hexam. It reduces yesterdays posts for CINE to a total of 25 and today’s to zero. It is now clear to me that 2 individuals are driving all the negative conversations on this chat. They have been working hard at trying to drive this price down and may have been successful with some inexperienced investors. I’m about to purchase some more at these very low prices.
“It is probably better to stay clear”
You shouldn’t be giving advice, just stating the facts. The lease negotiations in the US are similar, in my opinion, to those probably taking place in the UK. I’m basing this on the reference to 26a.
WolfWnaks has posted over 300 comments in one only one month - more than 10 a day. Hexam supports his comments. The two of you are trying to unnerve investors and in my opinion you have a hidden agenda. It’s not a simple curiosity with a cinema chain’s financial implications.
I’m about to filter both of you.
This information is incredible. I looked at short interest tracker and can see 2 companies shorting Cine. Between them they have 1.96% of the shares. If companies and individuals have stopped selling this could push the price up on its own - the fact that they need to still purchase 2% of the entire stock. Is my assumption correct?
https://shorttracker.co.uk/company/GB00B15FWH70/
Does anyone else think the reason for announcing results on Sep 30th is to coincide with restructuring plans. On the Cineworld website announcement it refers to 26a. My understanding is this was introduced in the pandemic to protect companies from insolvency. A route to cheaper rents is included. A reasonable explanation and example is at:
https://www.herbertsmithfreehills.com/latest-thinking/part-26a-restructuring-plans-most-significant-change-in-20-years
I didn’t realise the scale of this operation until they equated it to providing 20% or more of Southport’s energy requirements. This is a great step in the right direction and credit where it’s due to the team pushing it through.
Selected quotes can be used to present a situation as good or bad:
“ Cineworld currently anticipates emerging from Chapter 11 during the first quarter of 2023 and is confident that a comprehensive financial restructuring is in the best interests of the Group and its stakeholders, taken as a whole, in the long term. Cineworld looks forward to working with its creditors and stakeholders to advance the Group’s efforts to restructure its balance sheet.”
“ Our goal remains to further accelerate our strategy so we can grow our position as the ‘Best Place to Watch a Movie’.”
“ The outstanding success of recent blockbusters such as Spider-Man: No Way Home; No Time to Die; Top Gun: Maverick; Dune; Minions: The Rise of Gru; Thor: Love and Thunder and others proves clearly that people love to go to the movies and that, once supply of product returns, our business will reap the benefits.”
Of course there are financial difficulties and potentially a large dilution could reduce current shareholders value. However, I’ve been invested in plenty of shares where the dilution has been sudden via an RNS at 7am, leaving no time to avoid a big paper loss. With CINE it’s all a known risk and my opinion, one that is well worth taking.
Why post?
You either want the sp to climb because you own shares, like I do, or you want the sp to decline because you have taken out a short. I also think many posters have a comment in their head and write it down on a chat to cement their personal thoughts.
In 2006 I experienced purchasing shares for the first time. I had £100k to invest. I read books and looked at graphs of big companies share prices. I lost £12k in about 3 days with shares from ftse 350. I sold it all. Straight away the prices increased so I bought again. A few days later I had lost another £18k. This was in May 2006. I walked away feeling numb. I can’t believe how lucky I was. A few months later the big financial crash happened. Ever since I’ve studied share prices obsessively.
In March 2020 I returned to the stock market. I made 40% in one day. Just when lockdown happened and pubs shut, that’s when I bought. Do the opposite of what you’re supposed to do. Doom and gloom in the FT -buy. Vaccine announced, big profits in one day. That’s when you sell.
Cineworld’s like this. ‘ Wolf****s ‘ has posted 333 comments about CINE which are all doom and gloom. He or she may be several people posting under one name. They have a vested interest in you selling. In the post pandemic time this is the most certain I’ve felt about any share. The court case is going to be in Cineworld’s favour and the sp will recover. There are many wealthy people who want us to think otherwise.