Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It appears one disposal may now be subject to an active sale process.
https://www.bloomberg.com/news/articles/2024-03-22/newmont-s-akyem-ghana-gold-mine-is-said-to-draw-chinese-interest
Wickes, like others, rely on discretionary spend for bigger ticket items. Early days, but mixed metaphor perhaps at the bottom and turning a corner.
https://www.bbc.co.uk/news/live/business-68581527
Https://www.cityam.com/wickes-ceo-gets-inflation-busting-pay-rise-after-proving-himself/
Annual Report
https://www.wickesplc.co.uk/media/behjhuqj/wickes-annual-report-2023.pdf
New Derbyshire store opening as planned before Easter.
https://www.erewash.gov.uk/latest-news-section/latest-news/1900-mayor-to-open-new-wickes.html
Panmure Gordon one of those reaching consensus.
https://www.proactiveinvestors.co.uk/companies/news/1043515/panmure-downgrades-wickes-profit-guidance-due-to-cost-pressures-1043515.html
Well, their guidance is on page 11.
They say they are comfortable with consensus expectations.
https://www.wickesplc.co.uk/media/vhypw3tk/fy-2023-deck-final.pdf
Summary.
https://www.proactiveinvestors.co.uk/companies/news/1043464/wickes-enters-solar-market-posts-flat-yearly-revenues-1043464.html
They haven’t quite gripped the buyback state of play.
I missed that one.
https://www.lse.co.uk/rns/WIX/share-buyback-programme-ed3wpfywvnk9nha.html
Expenses knocked off amount for buy-back.
Https://www.lse.co.uk/rns/WIX/full-year-results-2023-8kvhib9bqpgrmu1.html
I’m pleased with that. Better than expected for me, when set against most of what I’ve been reading. And an acquisition to boot. Confidence going forward.