Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
maybe 500 in next few weeks.
all minners are down today, Very sad.
There is a investor call to be hosted this afternoon.
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SPD/13147669.html
JD sports is trading at PE of 28, Sportsdirect is only 7. seems that share price is bound to the £3 buyback.y MA should remove the price cap. instead, to buy back shares at every support level in order to boost share price.
Great uncertainties ahead. US tax reduction plan will be issued around 13 March, current stock market has priced in too much optimism, market may quickly started to correct itself (IMHO). then we have French eletion on 23 April, if Marine Le Pen to lead the poll, the uncertainty will be quickly be priced in gold price in the run-up to the election. If no candidate secures absolute majority, then we will have second round of eletion on 7 May. All these uncertainties will boost gold price. And then, let us do some rough calculation. In the financial year ended 31 Dec 2016. ACA had provided a forward guidance that expected to produce 850K-900K ounces of gold at an All in Sustaining Cost(AISC) between 880-920 per ounce. Lets take the mid range, assume that it can produce 875K ounces at 900 AISC. If the net average realised gold price is 1250, it will generate a net earning of (1250-900)*875K=306M USD If the net average realised gold price is 1300, it will generate a net earning of (1300-900)*875K=350M USD If the net average realised gold price is 1350, it will generate a net earning of (1350-900)*875K=394M USD Based on 1250, EPS=306M/410M=0.746, on 1300, EPS=350M/410M=0.853, on 1350, EPS=396M/410M=0.96 If we assume the average GBP/USD is 1.3 for the rest of year and based on a PE of only 10, we will get share price of 5.73, 6.56 and 7.38 respectively. These are very prudent estimations without taking into the acoount of the possible deal between Acacia and Endeavour, which may generate even more synergies in terms of operation, diversification and cost saving. Therefore, based on above assumptions and estimations, I believe the share price will very soon reach the previous high of 600 or even break higher.
Last year interm management statement was annouced on 19 Fed. Anyone knows when this year will be? I cannot find it on SPD website. are they going to provide an interm statement this year???
SP may get to its previous high 600 as French election is approahcing.
Sports Direct in talks to bid for Bob's, Eastern Mountain Sports -sources By Jessica DiNapoli Feb 1 (Reuters) - British sporting goods company Sports Direct International Plc <SPD.L> is in talks to bid for Eastern Outfitters LLC, the parent of U.S. discount chain Bob's Stores and outdoor retailer Eastern Mountain Sports, people familiar with the matter said. Sports Direct, Britain's largest sporting goods retailer with about 700 stores in that country and continental Europe, has been looking for ways to expand in the United States. Last year, it bid for the intellectual property of bankrupt retailer Sports Authority, but lost to Dick's Sporting Goods Inc <DKS.N>. [nL1N19M147] Sports Direct is in talks with Eastern Outfitters about it becoming a stalking horse bidder in a bankruptcy auction for the company, the people said on Wednesday. A stalking horse bid would set the price floor for more bids in the auction. Meriden, Connecticut-based Eastern Outfitters has hired law firm Cole Schotz PC to prepare for a Chapter 11 bankruptcy filing that is expected in the coming days, the people said. Together, Bob's and Eastern Mountain Sports have a total of close to 90 stores in the United States. Sports Direct has expressed interest in preserving at least some of them, the people said. The sources asked not to be identified because the negotiations are confidential. Eastern Outfitters, Cole Schotz and Sports Direct did not immediately return requests for comment. Private equity firm Versa Capital Management LLC is the owner of Eastern Outfitters. The U.S. sporting goods sector is being tested by the advent of internet shopping and discount chains. Sports Authority, specialty golf retailer Golfsmith International Holdings Inc and sporting goods manufacturer Performance Sports Group Ltd are among the companies that filed for bankruptcy in 2016. Sports Direct brands' include boxing-inspired line Everlast and fitness label LA Gear. The planned bankruptcy filing for Bob's and Eastern Mountain Sports would be the second in less than a year. Last April, Vestis Retail Group LLC, the former holding company for Bob's, Eastern Mountain Sports and a now-defunct chain called Sports Chalet, filed for bankruptcy. Versa acquired Bob's and Eastern Mountain Sports through the bankruptcy last year, and said at the time that Eastern Outfitters had more than $400 million in annual revenue. Vestis was also indirectly owned by Versa. Bob's Stores was formerly owned by the TJX Companies Inc <TJX.N>.
https://uk.finance.yahoo.com/news/two-men-were-jailed-under-092110569.html
it would make the largest housebuilder in the UK and generates a lot of synergies. it would be very positive IMO.
trump inauguration is an important event to watch tomorrow. Since his last press conference, it seems to me that the more trump talks, the more policy uncertainties. I think this is very supportive to gold price in the near term.
a lot of buyback, sp is still falling. so bad.
PSON should accelerate its digital reform.
like May's speech today. very beautiful speech. very positive for SPD.
it is only a week away from Trump's inauguration now. A lots of uncertainty about his policies may push gold price even higher IMO.
it seems to me that PAYS only buyback large volume of shares on major supports level.
SPD has a lot of intangible assets that its market price is far higher than its book value.
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SPD/13088446.html
very quiet here.