Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Trying to find out what the consolidation of shares will be, without can't work out if 1.15p per share is a decent return or not? anyone know what % return is after consolidation?
Read the full report, I'm sure I don't need to explain it to you, highlight all the positives and you will be surprised, negative people just look at the negatives and block out the positives, after you've done the exercise you might even mop up a few more because bitcoin price is moving up and as I'm sure you are aware when it does jump, ARB will go crazy and 20-50p will be long gone, I'm sure you wont miss it or if you do definitely wont be on this board again for a while, whereas if it goes the other way I'll be the first to say I got it wrong, fingers crossed on Bitcoin making a good recovery this year because the positives will look even more positive by then.
“Having navigated challenging market conditions in both the crypto sector and the global economy in the second half of 2022, Argo has emerged stronger and in a much more solid financial position”
''· FY 2022 adjusted operating profit remains in line with the Board's expectations'' in the latest trading update, not sure what you mean? Can you expand
Making massive steps forward, DIV's will come, if it doesn't hit 1.50 in 12 months I'll eat my hat
Forecasters also predicting a 12 month Rolling Forecast Dividend Yield of 4.9%, if all go's to plan this will be the catalyst to some major re valuation, Big IF I know but for me now is the time to buy
12 month Rolling forecast PE, EPS just to be clear
PE 9.5.......EPS Growth 29.8%.........ROCE 7.7%.........Health Trend 8 out of 10........2021 Forecast Revenue 17,096m and 197mPBT.......Forecast 22 PBT 398m.......
A good investor buys at the bottom and not at the top, my humble view is that the bottom is 45p and the growth prospects from here with a more focused business model and reduced cost base and Aprils OFGEM price cap increase and more customers means 140p in next few years, lets review in 3 years time who was right.....enough said, good to have a two sided debate professionally...
'Ofgem boss expects "significant" rise for price cap in April'
All the signs are good, I'm looking at 75p by end of 2022. 200 av at end of 2020 was at 41p we are looking at 55p by end of this year, easily 75p by end of 2022 if not more, Value and Quality all up significantly in 2021, Aprils reviews coming should increase the value considerably also.