Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I don't think it's baffling at all, there's clearly a reason that we've heard nothing yet and it's not because nothing is happening...
As for Chris Whitty, there is absolutely no doubt that he knows all about synairgen but still, great email!
I don't want to massage the ego of the shorters here ha this is a highly tradable share. Whether or not cine are able to stay solvent long term, there will likely come a big rise off the back of wider global factors i.e positive vaccine news. How big depends on how low the share is trading at at the time... This is worth a punt at this level for that alone however I think it's better be on the sidelines right now and either jump on if it drops to 40p ish or just get on board as soon as good news lands...
I took a gamble and exited on Friday expecting a new low over the next few weeks when the reality of what's to come hits. Covid is going to have a substantial impact on CINE for at least the next twelve months and I imagine by that time either debt will have increased significantly or there will be dilution.
Having said that it could well go the other way and my exit was due to feeling there are much better risk/rewards elsewhere.
Crash? No. Markets will be unsettled and I imagine the ftse will be lower this time next week. But as Boris said a second wave was inevitable - this is not a shock to the market...
Lewis. Current sp is 128. Forecasts for the next twelve months average about 290p. Even if it did 'come crashing down' to 120ish temporarily is it really worth trading?! For a few percent?
No offence Seb but your view is an uninformed guess. It could be end of Oct but it is evident from Richard's interview that he expects to have news well before then. I'll go with Richard in this instance...
Agreed. It's clear (besides a nationwide lockdown) that we've bottomed out and the reversal will arrive in due course...
The government are stuck between a rock and a hard place - cases are spiralling out of control but they simply can't return to a national lockdown (both economically and socially). They absolutely need to pull a rabbit out of the hat in the next two weeks... step forward Richard the rabbit Marsden.
Whilst the wider stock market is going to struggle through the precarious environment over the next few months, we're going to be seeing this sp rise and rise and rise. Took a lot of patience and nerve but we're going to be handsomely rewarded!
This is very naughty and rampy Crabtree. I promised myself to stick with what I've got and leave the last bit of money in the account as cash in case of another market crash... but now you've gone and put thoughts in my mind!
It is not the other extreme, it's the reality. We have had the COPD results, we have had the patent rns, and we have had the Richard interview which explained where the company are at and what they're up to. Until there is news to release you have three choices; sell, wait patiently, or hold but make a song and dance about it. You've gone for the third choice.
What do you expect the company to do whilst they fight tooth and nail to get this to market? Let us know each day that they haven't given up and are crossing their fingers and toes?
We all pray this turns out as we hoped but there really isn't much to do but wait. It's helpful to see positive comments and new findings in between, rather than fearmongering.
falklandinvestor - don't get me wrong I wasn't deramping, I'm in heavily here. I was just saying it's a waste of energy and time worrying about the sp as currently it has no way of breaking out whilst the virus outlook is so dire.
I'm here in order to see 450p in 24 months time.
After yesterday's rns my thinking now is Graham is deliberately keeping the sales figures under wraps. His comments have kept expectations in check but there is every chance sales are through the roof and the moment he releases an update this moves through the gears. We might land a major contract before that but besides this is a waiting game for sales figures. It might come at the end of this month, October (you'd assume by then because of his bonus), November, December. All I know is when it comes this could move 100% in a day. And for that reason this is not to be traded...
It is going to be interesting for a number of reasons. A full lockdown is off the table no matter what any minister says publicly. Even if they attempt to enforce it it won't be followed.
The big question is what is going to happen this winter now public trust in the government and its measures is at an all time low? Will cases and hospitalisations/deaths get so high that the public are spooked into an almost self-imposed lockdown or will it turn out to have been overblown somewhat and be containable without strict measures? No country yet has faced a winter of covid so we simply don't know what we're in for...
All the while the talk of a second lockdown gathers pace this isn't going to rise. That much is obvious.
What is meant to be happening about the home trial? Surely we aren't going to have to see it through its completion AND gather and interpret the results before any emergency approvals are possible? That would take til Christmas.