Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Hope to see more Redwood buys and significant Director buys. Expect nothing less from these directors. Pocket change compared to net worth.
I asked them about directors buys. Response as follows:
"Discussions about this topic currently and not going to comment on individuals, we do see there is value in where our share price is at the moment."
Good question at the end Mary. Should put them on their feet as to restoring confidence in the share price. No easy questions for the management today.
Massive drops but small rises. Looks like this needs a bit more time for buys to outstrip the existing overhang in supply from Goldman. After that 🚀 . IMO, DYOR
It would be good if directors can have some real skin the the game also by buying significantly the current weakness in share price if they have confidence in the future.
Rational thinking Peterrr. Fair enough, aim of the game is at least not to lose money. But I also share the same idea that it has bottomed, RSI at 20. Big results day tomorrow, hoping tomorrow will be a good day.
This looking more likely going to administration if unable to raise funds. Makes more sense for the acquirer to buy the brand for peanuts then pick and choose to operate only the profitable busy locations. Where as the remaining rental lease liabilities, redundancies and other liabilities can be defaulted in administration. Skating on thin ice this one. IMO, DYOR.
Slowly but surely. Redwood absorbing the sells from Goldman. We are seeing this rebound breaking past 50p reflected in the share price. Overhang could well be over soon. Tomorrow's update will be key driver of whether this recovery continues. Onwards and upwards. GLA
Expect this to rebound after Goldman unloads the remaining 2.2%. Hoping for good news on Wednesday. DYOR, GLA.
The Group is not a subject of the FCA's review of historical motor finance commission arrangements and sales.
It was quite clear from RNS that FCA was not investigating VANQUIS cos they were not paying commissions unlike the other banks. Quite wild that a comment from Martin Lewis can dramatically trigger reversal.
A comment from Martin Lewis and market moves...
Why does this company sounds too good to be true? 10m market cap. But sold 10% of a subsidiary for £6m and still retains over 60% equity worth around £40m.
The valuation disconnect is quite crazy... once and if they sell another 10-20%, and receive cash in the bank. I think this SP will consolidate. High risk, high reward.
Board not being honest and transparent from the get go. Even worse to hear the story from 3rd party supplier than direct.
"non-payment of invoices totalling approximately USD $27 million for work completed"
https://www.businesswire.com/news/home/20240320318420/en/Corica-Mining-Services-Corica---Suspension-of-Mining-Services-for-Hummingbird-Resources-PLC-at-Kouroussa-Gold-Mine
Complete U-turn. Looking good for tomorrow.
MMs taken this back down to 21p to buy and 20s to sell to generate interest.
22p to buy, 21p to sell. On the way up Bobat123. Onwards and Upwards.
SPR has communicated that the outstanding balance will be paid no later than 14 March 2024.
Last minute job again.. no RNS about this. Seems to be a habit of missing payments and not delivering on promises.
Orange Trust Date on which the threshold was crossed or reached vi: 28/12/2023
Late reporting again..
Need to buyers now and this will move pretty quickly...