Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Broker ratings - RBC 250p, Goldman Sachs 68p. Goldman Sachs are basically rating ITM as per their current net cash positon, therefore not valuing the product and the exposure to the huge German and EU market at all. Very harsh.
I really hope it's not the case but for the last two years plus, every time it's rallied it's been followed by a few months worth of slow, painful drop. Then, rinse and repeat, from 5/6p to 0.5p. Time will tell.
Recent rallies have only last a day, this has lasted a few days so there may be something in this, rather than the usual pump and dump. I remain a cautious holder and hope for positive news.
Recent rise is great, however, until it rises about another 220% I'm not going to get excited! Powerhouse is a drag on my portfolio. We need solid news.
You sound like Swazers
I am a shareholder why would I want to put a negative spin on it!? Not that I have to answer to you with your silly (and in this case, awful) chart predictions. I am pragmatic. Until the first unit is built and powerhouse start announcing deals I'm not getting excited about days like this, been invested over two years. You're the only troll around here, you act like a baby.
RoleKing...I have lost count of the number of times there's been days where this stock jumps 20% in one day before a slow and painful drop of over 50% for the next few weeks, with no news. Don't get your hopes up just yet.
Encouraging that this is happening so soon after the last time it shot up 20%. Suggests it might not be a pump and dump.
Swazers will be posting onn here soon followed by a Zak Mir tweet telling me it's going to be 17p by the end of the year.
Ocado said themselves they are not interested in being taken over and the potential for them to thrive independently is huge with the Kroger and AEON partnerships and opportunities in other sectors. The market isn't really recognising that right now. Fair value at the moment is £15-16. It's time to buy the dips.
I am expecting a rise due to the return to positive EBITDA, more CFC's with Kroger in the US and now AEON in Asia, big news to come with entering new market sectors, not to mention the extra 200 million in the bank. We'll also see deflation in 2024 which will also play into their hands big time.
Sellers dried up now. Stabilise around 950-1000p before kicking on with news. Of course, a bid remains a possibility but would need to be in the region of 1300-1400 to be successful imo.