Rainbow Rare Earths discuss progress and continued flowsheet optimisation at Phalaborwa Project. Watch the interview here.
The strong results today from another similar electronics firm Raspberry PI have been encouraging. They should be upgraded to Footsie 350 quite soon also.
FTSE 250
----------
Citigroup raises Hammerson to 'buy' (neutral) - price target 43 (26) pence
----------
Goldman Sachs cuts Direct Line price target to 245 (280) pence - 'buy'
----------
Goldman Sachs raises Lancashire to 'buy' (neutral) - price target 750 (745) pence
----------
Goldman Sachs cuts Hiscox to 'neutral' (buy) - price target 1,265 (1,375) pence
----------
Berenberg raises Primary Health Properties target to 110 (103) pence - 'buy'
More information from opening the link.
Futura Medical
Earlier US Eroxon launch brings forward profitability
We have upgraded our revenue forecasts and valuation following interim results and
the earlier and imminent US launch by partner Haleon, which we previously
anticipated in 2025. The US launch, expected in October, will trigger a milestone and
recurring royalties on net Eroxon sales. Commercial success in the US will be
transformational, ensuring Futura’s sustainable and growing profitability. Meanwhile,
existing partners outside of the US continue to execute on launches, with Eroxon now
available in over ten countries and further launches planned in H224 and into 2025.
Real-world evidence remains consistent in terms of Eroxon’s efficacy, and learnings
from initial launches are being effectively utilised to refine marketing strategies in
order to optimally target key audiences. This will likely be key for Eroxon’s success,
with encouraging signs from initial, albeit limited, repurchase rate data from first
launches. Our Futura Medical valuation is increased to £392m, or 130p per share.
/www.futuramedical.com/investor-centre/shareholder-centre/analyst-research/
If their interims are announced on 12th Sept. no doubt their dividend will go ex near the end of this month too. Paid 5.74p last year. But also this share could do with an uplift. Noticed some keen buying earlier on and it might pick up again with some overseas investors that might also be in the know of their impending results.
Are many on the chat board those who have done well in the past when this company traded as VISLINK ?
Just wondered as John Varney had the helms there too.
You can bet John Wilson will invest in his new company, especially if he reckons it's well worth him becoming CEO. Shares are extremely cheap at present but won't be for long eh ! Just view their target price from a broker to see why !
I was happy to sell out of these at 31.5 a couple of years back. So now ' I REALLY SEE AFC AS A BARGAIN TO RE-INVEST IN '
Tuck away for a year to start to reap big rewards again.
Post reads well. Chelmsford has a population of close to 200k and Marlow is in an affluent part of Buckinghamshire.
Looks like the buying has started of this stock as investors don't reckon it will drop any lower. So a solid buy now for recovery. '' Onwards and upwards they say ''
Another tech company that could also reap rewards for investors.
https://www.proactiveinvestors.co.uk/companies/news/1055356/ensilica-up-5-5-on-first-production-order-1055356.html
Https://www.proactiveinvestors.co.uk/companies/news/1055237/futura-medical-says-eroxon-will-be-available-in-us-stores-and-online-from-october-1055237.html
But also the share price does not reflect their prospects now, so a re-rating should be a lot higher than previously forecast.
So exciting times ahead, especially for those who bought in the last 9 months.
In today's CITY.A.M & a forecast of £4 - 25. They said pre-tax profit rose 1% in the last 6 months to £51.3m and their collaboration with UberEats should makes sales move into positive territory.
All banks reporting soon, hence the pick up in general near close today. Standard Chartered post ints. 30th July with ex div approx. 8th or 9th August. Nice too !
£2 is a good possibility. There are only 44m shares in issue. Their meeting today seems to have collected a lot more interest from investors.
Sense a takeover being announced. Director maybe bought as he thinks the same.
Besides today, the buying should start in advance of their very strong results being published 30th July.
19 June 2024
YEAR END TRADING UPDATE
Games Workshop is pleased to announce that for the 53 weeks ended 2 June 2024, we estimate the Group's core revenue to be not less than £490 million (2022/23: £445 million) and licensing income of £30 million (2022/23: £25 million). The Group's profit before tax ("PBT") is estimated to be not less than £200 million (2022/23: £171 million).
Yeapt 6.5p & to be received by 9th August. 23.35m shares on the open offer.
They might surprise the market with positive interim results soon, as early as tomorrow or early next week. The price should climb accordingly as their ex dividend date is bound to be around 9th August.
As Del - Boy would say. Most likely another broker uplift rating soon on today's news.
Make Better Investment Decisions
Register for FREE