Member Info for Couerdelion

I should add, that I'm rather merged "What I want" and "what the market wants" in my response. Personally, I'm happy if they do "blow the doors off" in their guidance and/or results because I can wait for the market to catch up when it is ready.

But part of me does want to recoup some of my investment here. My net investment here is nearly 3 times the level I have in BAE.

I think I'd be happy with a small upgrade for FY output - probably chrome - but am ambivalent on IRH progress beyond a plausible narrative. Maybe also a copper upgrade on results of the trial run of higher grade material from Roan.

That would tick the boxes for an rerating. I fear the sellers may still be ready to pounce.

I wonder if the market is waiting for the first set of results. Do we know when they are due? The one missing piece in the jigsaw is the cost base but the last two RNS announcements appear to have changed the whole complexion of the company into a profit making business (based on speculative estimates of what they are spending).

If we get an idea how much they are spending, the price should go through the roof.

The price seems to be soaring without any clear news driving it.

Dumbly, either you asked the wrong question or the AI is wrong. Two companies each with an EV of £1bn - one with S/H equity of £100m and debt of £900m and the other with S/H equity of £900m and debt of £100m. Combined enterprise value would be £2bn but you would never imagine that the one with 90% debt should be 50% owners of the combined operation.

Worth bearing in mind that the published figures are simply from the launch of the "product" though, short of the new name, I'm not quite sure how it differs from what they were doing before. Perfect time to launch with the recent government announcements and I can see this turning into a decent revenue stream that will support a generous EBITDA multiple.

I think if the price continues to "drop" in this direction, there will be a lot of happy investors on this board. I'm barely a week into my latest investment here and think I've struck a bargain at c380p. Not a huge investment but I have quite a lot of other defence stocks.

Define good. I've no idea what the market is expecting but we know the HY figures are sub-optimal. If we work on the basis that the market will "believe it when it sees it", we might not be so optimistic how they will react to the results.

There still seems to be a little bit of a battle between buyers and sellers and I dare say a little bit of profit taking going on right now. I think we need to break through the 4p level first before we can relax a little on the direction of travel but I'm hopeful that won't be too long.

Even with a rising SP, some people are never happy.

I am very pleased with my gains this week for shares that I plan to put in next year's ISA. If I have one concern is that I did the same last year and we all know what happened next.

Perhaps they might not want to give quite as much information in the RNS. Size of deal would be enough.

I thought it was a pretty competent speech. I would perhaps have preferred a little extra headroom but you can't have everything particularly with the state of UK finances. And particularly good for the defence sector.

Medium and long term prospects are undoubtedly good and justify the more challenging PE ratio.

The problem with the earlier ride was the frequent power outages. Leon's fixed those now.

Something seems to be bubbling in O&G

I've been on this ride before.

Well the company is not going to miss out on the opportunity. Over £6m of the buyback completed yesterday.

Dividends outside of a tax-wrapper are taxable.

https://www.gov.uk/tax-on-dividends

Nothing new here. This is from the 5th March investor meet

HL holdings will belong to private investors.

All appears to be in line with expectations so it's unclear to me why the SP has been so depressed recently. Probably best to put it down to general market malaise. Healthy earnings growth, buyback of c4.5% of shares and everything lined up for entry onto the main market.

Should be a positive reaction but we'll just have to wait and see. But we know is that the tracker funds will be coming here in very soon so the medium term outlook has to be good.

On balance it looks positive assuming GBE doesn't corner the market on the financing side which is one of EAAS key selling points. Given the scale of the task, I think this is unlikely.

Keep it coming....