focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Does anyone have the link for tomorrow's webinar / registration?
Thanks Londoner
Thanks Adolfo. That's what I wanted to hear
My hope - yes, I know, how emotional! - is 30p by August, 40p by December, 50p March 25, £1 Dec 25 … but that means strong management, cost control, excellent delivery and ambitious growth orientation in the leadership. I’d like to see a new chairman too.
We already know what 2023 looks like: a series of unfortunate incidents. All we can hope for this week is no fresh surprises plus a rousing growth oriented vision from AH. That should hold the SP in place with no more erosion until an inflection upwards in August or this time next year.
The results are good, apart from one niggle: FCF. I'm sure it's not a big issue but I'd like to understand what is buried in the drop:
- we started with more OP (38 vs 32m)
- but then 'increase in payables and provisions' is lower (17 vs 38)
- and we paid more interest (17 vs 10)
What's the story with those two items? Especially the 'payables and provisions' item which looks weaker than last year.
... which is how it holds up :)
Part of the problem is this is an expensive stock. The PE ratio is very high which makes it volatile
Because, Trisor, they wouldn't make enough return. They need to dbl every 3 years as a rule. No II would cash out for a 20% gain after 3-4 years of patient stalking. Unless the stock was broken, which this one ain't. If there is upward momentum through the year the II's will be after a multibagger. Any bid would need to be north of £1.50 which ain't happening any time soon IMHO
II's wouldn't accept a low bid. Why would they
Agree with CC. The CEO is doing his job and delivering improving fundamentals. He doesn't control the market.
I'm long and staying long and am pleased with the update.
Patience ... imho
Nicely timed
Never forget that it's stock market investments that fund your grandmother's pension. That is what the stockmarket is for, if you want to take a civil society view.
So Aim has become a radical left-winger suddenly. Putting aside the utter nonsense of a 'master' of the 'AIM market' espousing these ideas, I would just point out that if you do away with capitalism, you end up with the depravities of communism. Is that what you want? Public sector corporatism? High-minded social ventures that are ALWAYS doomed to failure and corruption? A country overwhelmed by poverty?
Left-wingers don't like the bottom rung of the economic ladder. That's usually because they have middle class roots and have never really been hungry and needed a job or a leg up.
Get a grip, my CPI chums. Get long and stay long and leave the politics to the real idiots. IMHO!
I'm happy. Revenue ahead of guidance, profits up and above all solid FCF and increased EPS. Positive outlook for year ahead. Orthopaedics business on the up. What's not to like? We're in for a good year of SP recovery and growth imho
I don't normally read anything into daily or weekly moves ... but it does seem to be on the move this week.
Lol ... famous last words probably as it sinks again ...
Fingers crossed though. I hope AH has some good news for 2024 and a solid strategy to share next week. Could indeed be Magic March ...
Where is it? Thought it was today ... ?
One of my all time fave shares was MSFT. Everyone hated them too. It’s a good sign
Such a dig merchant lol
Yes - root and branch rationalization needed
I'm totally with you on that, Trenners. I'm just - in the words of Bruce Springsteen - 'like a dog that's been beat too much' ...