Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
A lot went on yesterday, downgrades, fear of recession, oil price up... What's the pe now!?
If considerable support is provided by the gov for energy bills, this would result in a huge rebound in retail, possibly it would remove the risk of a deep recession, if you believe in a upside surprise ref support, buy retail... Dyor!
Indeed what a state everything has ended up at... Hopefully better times ahead
Mr midas indeed, I wish I sold out at the lofty heights of 40p plus.... At one point this was one of my best buys, up tons from rights issue..... Bloody putin, sorry scrub that, its bloody corona and all its knock on effects supply chains energy and consumer squeeze
True but to the majority of us we are hardly feeling the true force of what's ahead in terms of economic pain, unless things really change its going to get way worse,
With the ftse where it is, this should be up at 180 plus.... Maybe we'll get some 55p shares by the time we are in the recession
Looks like someone is selling down a position....
Think I had it too. I'll likely claim the freebies they offered, help compensate for recent capital loss. Won't go far tho
It's funny isn't it as the oil price has fallen, the share price has increased, to its highest in months... Its like none of the high oil price due to the war was priced in....., if rishi and truss don't go after further bp profits, perhaps it'll go up further.... Little of the profit has been priced into the shares. On that basis so far its been a lousy hedge on rising oil, but a good one on falling oil, crazy
Looks like we have to wait and see. Gosh it's a real quiet board for such a large Co
Well that's 6p winging it's way to us, hopefully some of this will be recovered in the share price in next few days, weeks
What gets my goat is how the media around oil stocks like the the proverbial.... They don't even think to mention the likes of Anglo American or rio tinto and their 50% margins and 12% div.... Haha not on the radar
Old news from 2002: boots! Which then sold to private equity, which then dumped hfd onto the market via an ipo in 2004.
Boots yesterday finalised the sale of its Halfords bikes and car accessories chain for up to £427m and promised to return the cash to shareholders.
The 400-strong Halfords chain has been regarded as "non-core" and up for sale for several years but Boots' chief executive Steve Russell set the clock ticking for bidders in April when he said he was ready to demerge the business.
Private equity group CVC has bought the chain, which has 9,800 employees and reported a profit of £54m on sales of £529m last year. CVC managing director Jonathan Feuer said the chain had 20% of a £2.1bn market and "considerable scope for growth".
The purchase price is made up of £410m in cash and a further £17m if performance targets are met. Mr Russell refused to detail how Boots would return the cash to investors, saying only that it would be done "in the most effective way".
Details of the deal were disclosed as Boots gave shareholders attending its annual meeting a trading update. Like-for-like group sales were up just 1.5% in the three months to the end of June. The main Boots the Chemist chain, which generates 85% of group profits, managed only a 0.9% increase in underlying sales, which analysts regarded as disappointing. They had expected growth of around 2%.
The chain is facing tough competition from supermarkets for "commodity" toiletries and is striving to move upmarket. Mr Russell described business as challenging and said trade had been affected by the poor weather, which hit sales of toiletries like sun protection products, and by the world cup and the jubilee, which kept shoppers at home. A spokesman said: "When you are the market leader in sunscreens and the sun doesn't shine it has a big impact". Boots has half the UK market for sunscreens.
The highlight of the figures was the 6.7% improvement chalked up by the international division.
·The drinks group, Diageo, yesterday finalised the sale of its Burger King chain for $2.26bn. The "home of the whopper" has been bought by a consortium of private equity backers made up of Texas Pacific, Bain Capital and Goldman Sachs Capital Partners, who are backing the firm's management.
Diageo will concentrate on popular drinks brands such as Johnny Walker whisky and Smirnoff vodka.
True, Sadly they've not had sufficient stock the last 2 years
Morning
I do wish the dividend would be instated at pre covid levels. I know there are share buy-backs happening that may be taking the total annual return to 10% or so, but it is just not refkected in the share price......
4.5% div on an oil stock .... back in 2018/19 --- we were probably closer to 6% when the oil price was 40-50 dollar a barrell......
a higher div 7% would surely be positive for the share price..... is a 7% annual return too much to ask???
And as for the politicians tweeting that centrica giving shareholders 57M £ div -- like its a crime, 1p interim? 1%, dont remember anyone riding to the rescue or acknowledging the collapse in enery prices leading to 1B loss and virtually no profit for a few years.............
and bp? 20B loss 2002, 17B paper loss on rosneft -- and all cash flows.........
jeez...... so one sided,
back to point,
bp increase the div!
or perhaps one day we will be a debt free company .....
Well that's close to half of the one day loss made up, retraced, thankfully, 18% gain from the low. Hope we get at least another 6p before it goes x div...... Gla
if you look at the stats though, huge institutional buying in the past month, of all the stocks i looked at this morning, this made me stop and think. i hold some pfc, ive seen a 40% gain come and go twice, i'm looking to invest in something and this to me seemed to me to be about the only one with a margin of safety at its current price.... hesitant to place the order but def in the front of my mind now