Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
... are some highly encouraging snippets. "we are pleased to have successfully re-engaged with two major retail customers on a framework basis with work programmed for delivery in the second half and beyond. Our investment in the first half of 2013 has now secured work for the second half and into 2014 with Lidl, where we have been appointed to work on two programmes of modernisation and refurbishment together with a new build project. We have also successfully re-engaged with Waitrose and have secured the next phase of a major store redevelopment for a high end retailer. renewables: sustainable profitable workstreams for the next 18 months. Whilst we anticipate a strong second half, ahead of the same period last year, it is likely that the profit for the full year may fall short of 2012 The Board anticipates margin improvement as the return on this investment begins to crystallise in the second half of the year. Styles&Wood has been appointed as one of five contractors, and the only contractor to be appointed nationally, to the Crown Transformation Programme for the Post Office, with refurbishment projects commencing in 2013 and continuing into 2014 We have however seen some improvement in our market over the last two months. Our current order book position for 2013 delivery is in line with the same point in 2012. Whilst order intake slowed in the first half of the year, recent conversion levels are now consistent with prior year and the volume of opportunities is increasing" --- --- H2 last year, STY returned an operating profit of £2.1m over 6 months. So encouraging that the board expect to outdo this in the current half. And with construction on the up, and h1 2014 looking better with retail, solar and post office work in the pipeline, this could be a turning point.
I did the same and came to a similar conclusion.
... looks like one may have cleared?
50 day EMA about to cross up through the 200 day EMA.
... what will happen when you stop selling! :-) 50K at 25p is a decent slug. Someone wants them.
... 40p-+ personal target
With the recent SP movement, and happy to hold for the medium term. .
Not me ... buying at full ask of 23p today. Up from here IMO :-)
Also added yesterday. Should bounce right back up (I hope)
... there was some strong buying Friday into the close. This is a promising share with a growth strategy in a strong growth tech segment. I bought on Friday morning.
... was modest due to higher central costs. So pretty much all the profit improvement is due to lower depreciation. Positive that the board now think the business is funded to expand 300mm capacity and ensure a longer useful life of plant. However I can understand today's retrace.
Pre exceptionals and finance costs, NTBR had an operating profit of 1.7m GBP on a sub 4m market cap. Debt reducing (and associated finance costs with it). And hopefully NTBR will benefit from more construction activity. Whilst it's risen from the lows. this is still on around 1/10th turnover, and less than 3x operating profit (pre-exceptionals).
my thoughts exactly ... whilst the SP has risen, it still looks good value at this mcap to me. Hence the buy.
... this morning. My stock picking's been pretty good of late so hopefully have a good rise here also.
I wasn't expecting an interim divi at all - so a big bonus. That's 0.29p in dividend payments this year, and a business throwing off around £1m in cash (pretax) per year. Expecting the upward momentum to continue.
Agree ... comfortably supports a double figure SP IMO.
... STY could double from here and be valued at £10m