Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Can someone who has more knowledge/larger brain then me tell whether WG is likely to recommence divy and announce this V soon. They have after all sold lots and degeared & set up new green energy Div.
SP seems daft to me and there must be a reason.
In Ireland they sell cider ( grape cider) at the vinyard ( nice) so that they can ovoid paying fro all the wine checks and beaurocracy. Co2 Being turned to stone in Ireland ? MM.
Utterly crazy. I suppose everything has its price but below £4 now. Bonkers.
WG - there is some real value in there . It is based on brainpower . After a few years Apollo will have stripped it bare and farmed out to somewhere cheaper ( Russia? or China) . The number play will be clever but somewhere in there it will lose the honesty integrity and brainboxes of Aberdeen. Come to think of it just about every company of worth doing things in the UK has been sold. Maybe we should not be sentimental and forget WG / take short term gain . Getting poorer as a country probably isnt all bad.
Mel
Bald eagle I thought you would have had a hair transplant by now.
Mel
WG worth £3.00? There are to be mind boggling sized windfarms which will be anchored in the atlantic ocean floor. WG is going to make a fortune designing this green engineering. WG will continue to cherry pick the best of the he Aberdeen Uni oil geology graduates . It is why WG is so good at what it does. Mirabile dictu there is a monster oil and gas field west of shetland . Give it 3 years and WG will be worth double the current price. I used to sell takeover insurance as a treasury tool. ( Targets can spend 3 times the norm in a defence without an arhuement about wasting corporate assets. I wonder if WG has it. WG is one of scotland's real jewels. BRitoil DCL BofS RBS gone. If I was the chairman of WG I would be getting ready to fight dirty.
Well Well. bald eagles in jersey. Strong growth lower debt oil & gas prices huge getting stuck into ginormous atlantic windfarms.
While there is a bit of a wind of change..as far as I can decipher EPS is about to shoot up. Cant help thinking those mean aberdonians are quirte likely to restart divies soon and those clever market manipulators are driving price down in anticipation.
Melrosian
Mein Gott. I am only losing £8.65 on shares bought mons ago.
I am really surprised. However huge sales growth means much bigger bal sht and that means finance needed.
Good that they have just raised
Mel
When I think of straps...Cyan is not my next thought.
Mel
Once on an audit of a V big bank we goy near th end and th ebanks looked as if it was going to duble profits. Cant have that, So Dir meeting monster bad debt provisions = sorted, Could be it has been unfashionable to show profits in last 3 years and new plan emerging. When the directors want the SP to rise it probably will
Melrosian
sorry orcadians
Isee. So how will they use windfarm lechy betwee 11pm and 6 30am?
If u are right those orcasians are wasting their time.
Could have said the same in 1979 then the Burray whirligiggs went up.
It will never catch on they said
I think you will find a lot of bavarian Zugs and lorries powered by hydrogen
in the next 8 years
Melrosian
There is to be exponential growth in the number of offshore eifel tower sized wind farms over the next 8 years. The lechy generated at night and unused will not be small or immaterial. Ideal for making night time Hydrogen . I rarther suspect WG will be in there .
Difficult to see downward pressure. A Return to prev divy levels at cUr SP would mean 18.5% dividend yield. Half of prev divy ....9.25% divy yield. as WG gets stuck into Wind Farms.
Jan 2019 SP hit 780pence.
Just a chance your SP end 2023 projection is conservative.
Melrosian
I hope most of mankind soon reads Animal Farm , 1984 and Brave New World.
I hope someone tells Putin that nobody on the planet wants to see dead russian or ukrainian soldiers or civilians or starving in the 3rd world.
I am trying to work out what the rest of Capricorn is worth or should be worth on the market. Havent got there yet .
Maestro
Invading a secular country Iraq with a fascist administration was almost bloodless. Problem leaving a vacuum post battle which turned the chance of a succesful democracy into ISIS Suni teritory. Done right it was a good idea. Israel is a functioning democracy is it not? Afghanistan font of 9/11 - seemed to have some merit if allies had stuck to the task for another 25 Years.
Yemen - well it is a proxi war between wonderful Saudi and super duper Iran.
Putin is mudering civilians in an adjacent country . As far as I can see Ukraine is a functioning democracy which had goodwill towards russia, despite stalin's 4M farmers muder program.
War crimes aplenty !
Astonishing post. It suggests you are actually backing Vladimir ?
Bonnie banks of Loch Lomond - so much nicer and singable than the Corries dreary song
The problem for large shareholers is that big purchases or sales will move sp against the buyer/seller.. The issue for them is - do they want to invest in a hydrocarbons exploration and production company. If they do Capricorn with zero gearing and a pile of cash is in an extraordinarily good position to pick up assets / opportunities cheaply........or indeed possibly change its entire focus as an energy company.
Do I want to be invested in a hydrocarbons company. Having a good think about that.
So the announced future tender offer will probably be ( revised?) buyback price + 5-10% premium. Capricorn is in control of SP and any hubris
Is it in the interests of the directors for there to be a low take up of the tender offer? Hope not but low take up would give directors more cash power and ability to really make something of Capricorn .
Meanwhile;
*ocks XV 32 England XV 22
Mel