Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
I’d imagine that attendance to work for those that work from home has been greater than that of those that go in office, so what have thought that absentee days would increase as result of this. Also would think that free hours that people who work from home will now not be inclined to do so productivity would decrease. I suspect that other factors in play for this kind of decision making. Maybe a cunning ploy by the board to reduce headcount in the office without having to pay redundancy costs. Perhaps short term pain for long term gain
I’m guessing no divi, possibly at half year to tie in Stuart needing SP rise to get next years bonus. Will be good results but little action in price tomorrow, probably paid down more debt and that be reason for not paying dividends
Pretty sure that M&S are going to out turn superb numbers, but would expect that the SP will already have peaked by then, market already been tipped and buying early. Hopefully inflation starting to fall and the expected costs that most businesses are predicting in next year don’t materialise, if so then MKS seem well placed to continue with current momentum and £2 share price. Long term over 18 months still expect £3.
Justnotwithit is obviously a complete tool if he thinks Fraser group is the answer. The despicable human that runs that company will hopefully never get near M&S. whilst have said that there are current headwinds in M&S, they are still well placed for growth. The drag on business has been clothing, but that appears to be performing better, foods is ok but cost pressure is a weight on it. SP could still hit a £1 or just below again, but finances are in good place and debt is being managed.
I have found with this share there is no point predicting what you hope it will be, been here long enough for the old 1p predictions (£2 in new money). It is still a company that has potential, but will take time, personally would rather see further investment than buy backs or dividends and see real growth and that mid tier company that David always talks about.
Not sure when they will do one, but maybe a profit warning before half year as economic pressure on food business has led to difficult trading. Clothing seems to be in better position, but the continued inflationary issues in country will see that slowing down massively and increased cost to buy on that has not yet hit the shelves. They are still well placed in longer term, but these short term economics are going to prove tough.
Think that people will start buying pre results on expectation of dividends returning, so imagine climb to about 160-170 range. Results will be good, as already advised but think that will be massively dampened by warnings for this financial year with cost headwinds etc. Foods is going to be a very difficult trading year especially when the squeeze finally starts to hit. I personally would expect divi of around 3-5p which think is too high for challenges company are facing. But sure Steve will walk away with a round a £4m bonus and still be getting paid for another 3 years like last CEO.
Then onto the Stuart car crash, it is like it is in slow motion, you can see it coming but can’t do anything to stop it.
So Stevie boy is stepping down, so let’s review his 6 years. Has a less diverse exec team than when he started, seen profits drop, paid himself handsomely and seen share price drop 65% since he took over. Imagine his golden goodbye should be his P45 but imagine will be millions. Can’t say that has been a great success, but probably still better than the last CEO. And I don’t believe it is joint CEO with Stuart and Katie, one is called CEO and the other Co CEO, that has all the hallmarks of a weak board in looking at replacement. For what it’s worth should have given it to Katie and let Stuart sulk off to ASDA.
Hi Bramley,
Depending on how you want to value the SP will dictate your decisions. Personally at 500m profit I would value company around 8b MCap or 404 SP. obviously still water to pass under the bridge before then so really depends on your outlook and if the guidance provided is accurate. If I was in at 87 though I would be too slicing and then free riding. If a divi or intention to pay was there today then would probably hold all. But it is your cash and your decision, and in no way does this constitute financial advice.
Good luck and enjoy today’s rise
Shame we are waiting till November 10 to announce, as think M&S have had good September, especially in comparison to rest of high street. If we can keep SP stable at current mark should see push on to 200 by end of year
Think they have changed to intelligent barcodes that track when item was sold, similar to other retailers. So even without receipt as long as have the barcode label you’d still be able to get refund, as they would know how much it’s sold for. From friend who works there, think since introduced have refused over 250k of refunds. Which be good from loss point of view for them as think they probably had most generous refund policy on high street before. It shouldn’t affect genuine customers, as most would have either receipt or barcode, bar odd one who may have misplaced both.
As i have criticised Steve Rowe plenty of times in here, it does seem that the business is turning corner and he deserves credit for that, but still maintain that share price is massively undervalued and will see a jump when he goes next year.
The results of drilling RNS and then the SP increase, followed by drop, has all the hallmarks of previous placings. Just didn’t have the pumpers in full swing this time. I’d like to be proven wrong but the track record here leads me to very cautious with this company. I’m still invested but have a free ride after selling out at .4 previously. Sad how long it’s taken and the devaluation of the company. I’m still hopeful that it gets to mid tier oiler, but have lost faith sadly.
Didn’t think would get as low as 6p, but if does then will do my final top up and then let it be what it will be. With regards to SOA Ethan surely has to be passed as would you want to be the judge that deprived loads of people on low income no compensation.
Brands is a strange one really, it has worked so well for Debenhams, House of Fraser and John Lewis that M&S has copied the model. Suspect will be to detriment of its own goods and therefore less profitable, and accelerate the closure of clothing shops across the estate. Way they are going will be less than 100 clothing stores left, which I know because of bricks and mortar retailing costs is cheaper model, but will eventually be the clothing sides death spiral.
This is just a case of sitting tight and waiting for the sniffer Steve to leave the business, as soon as he does this will go up by over £1. This will be his last year and will proclaim his expertise with company delivering 400m + profit. Stock market dislikes him, probably only marginally less than the staff do