Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I love a good chart and data analytics, but trying to read charts in AIM companies that are still trying to establish themselves, especially in mining, or O&G, is a very tricky. If you are successful with it Ice then well done, but I am sure that you have more errors in these markets than winners. As I have always stated, these type of companies are always a gamble, and when gambling you do your research and then you pay your money. For all the research you do though, if an unexpected event happens, then all the research means nothing and your bet may need some cash out help.
I am still confident though and remain patient, some what buffered by having a reasonable low average. Good luck all and let's hope for some good news in next month
Be interesting to see where the 6 month update out turns. Reckon has been good volume growth on food with sales increase on the year, but at expense of profit. C&H will have been a tough trading period, but will reference green shoots of recovery based on October sales.
More interested to understand how the 680m of exceptional costs over three years has been spent or not, as currently closed 50 shops out of the 150 planned and the programme seems to ground to a halt
Whilst difficult to say yes or no to a placing, I suspect that it would be on back of EWT news when would be clear what money is to be used for. But, currently the funds are there so even then not entirely sure it is needed, or would be taken.
Would prefer a consolidation of shares before further placings take place, as we already at confetti levels
Not posted in a while as the board has descended slightly into a farce at times. But everyone is entitled to an opinion so guess have to accept it.
For those that have been here a while, 0.25 is the new 0.14 and for those that have not been here as long the new 0.10. It will fluctuate up and down from this level until substantial news comes. After that news will will then have a new resistance price, and if the news is good then could be higher, if it's not as great could be down.
I like a lively debate, but most people here are just re-hashing the same rubbish over and over, be it positive or negative Outlook.
If your invested here good luck and hope that this is a life changing investment for you. But if it doesn't work out as we hope, then we've paid our money and taken a chance and so be it
Not to put downer on this, but this is still my worse performing share and has lost 85% of my investment. I fear this spike will be into a placing, like the bad old days before consolidation
Hi all,
Apologies for posting as not a holder.
I have had this now on watchlist for around 12 months as it was tipped to me by a friend, think originally tipped when was in 20's. Back then the thought was potentially a share that could go to 50's.
I have seen the decline in past 12 months but it seems like overdone for what news has been released, but how much longer do people think this will be as suppressed as it is, and what would holders now put a fair SP on this company??
All very good, but they are the in house broker. Share prophets though whilst caveating are also in agreement which is unusual for them.
Interesting though that the West Newton they appraise at 0.64 on it's own unrisked, which makes the risked number look small and therefore 0.55 still seems low. But that is still almost 5 bagger so would snap your hand off for that.
Always been happy with holding here, and after that interview even more so. 0.25 can see holding by end of week. By time we get the RNS with results could easily see 0.40. Then Wressle, which was the original reason I bought in, after Budge showed me the way. In the beginning the talk of 1p party I thought was a joke and just some fun among some of the LTH's. But must say that is now got to be a realistic longer term target.
This has just retraced to fair value on what we know. 0.2 is probably the new 0.14 from a couple of years ago. Once what we have is confirmed then may go to 0.3 and stabilise again around that mark.
This remains LTH, and nothing has fundamentally changed to alter my view on that. Just nice that now sits in profit whilst waiting for more good news.
But the man Rudyard sums up this share best;
'If you can keep your head when all about you
Are losing theirs and blaming it on you,
If you can trust yourself when all men doubt you,
But make allowance for their doubting too;
If you can wait and not be tired of waiting,
Or being lied about, don't deal in lies,
Or being hated, don't give way to hating,
And yet don't look too good, nor talk too wise'
You all know the rest, happy dealings and let's be nice
Not something I normally do, post on a share that don't currently hold, but must say this BB seems to be one of the more enlightened and knowledgeable on LSE.
I have been sitting in sidelines waiting to buy and was almost tempted couple of week ago mid rise back to 200 (seems dodged that bullet)
I am always reminded though after losing a bit on the Carillion debacle, not to try and catch a falling knife. Personally, don't see this as bad as Carillion and is not heading the same way, as still profitable and does have assets that can be sold to generate cash. I am happy to continue sitting in sidelines though and waiting for stabilisation of SP before entering as believe the 200 SP is probably a fair price. Good luck to all
Doubt it to much. SP continually hit because CEO doesn't seem to give a s#@t about it. Q1 results won't have financials attached again as continues to drift and been a poor trading quarter.
Company are writing off 680 million on store closures, of which 580 has already been done on exceptionals. Only closed 40 odd though and plan is 150, some oddities in the way this has been accounted for.
Company is still profitable and under different circumstances this could easily be at a SP of 400, but having spoken to a friend who works there morale is at all time low and they said clothing still massively under performing and still stuck with dead lines and poor sizing ratios.
Previously big supporter of this share and thought they weren't far from turnaround, but would now question that optimism. The JV price is probably realistic target now and would expect further falls, been shorters dream here
Don't quite understand all talk of placings, DB has only ever used them previously to deliver assets and ensure that exploration of sites is done correctly. If there are any more placings then again would consider those to be of value to the company's long term plans. They have never done them to for CEO and spiv mates to line their pockets. And once testing on latest discovery is complete, if the initial assessment is correct, then banking facilities and borrowings are potential avenues for funds until they are fully producing, at which point little £1.5-2m placings wouldn't even be the profit the company could be making per year.
Trust DB to continue doing the right thing and we will all be making plenty of money from this
For me this is share that has lost 96.6% of it value in 2.5 years. TW is as a good journalist exposing shares and lifestyle CEO that are robbing PI's and normally does a good job, but on this either he is a paid up ramper, because this is kind of share he would normally expose as a fraud, or just has it wrong like most of his other share tips.
Average basket is low, but they are buying in to Ocado as a JV to access bigger market. Ocado offer will allow M&S to get products out there to people who don't shop normally with. Ocado products supplemented with M&S stock, so on platform will be all Mark's food items but then have all other brands that Ocado currently sell. It is not 100% M&S only product.