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All included. but the important part is. that the debt is wiped popout going forward and this will help the bottom line to the tune of $4 mill this year, pure profit..
Its about natural resources, there is a massive amount of gas under Rafah.. thats the prize
All those unknown trades are buys, 300k of them.
18h well news next week..
Year end number out next thursday. I'm going for :
Revenue $167 mill,
GP $97 mill
Op profit $58 mill
PBT $43 mill
that would work
Nearly £2 mill per annum of debt interest wont be paid from now on..
Staying above 50p good sign
82 % of this company is owned by on entity. my take on this is that the share price is taken down by corruption so that the remaining 18% can be taken out on the cheap as you will be a forced seller...
18h is 10 days away...
Https://masterinvestor.co.uk/equities/renold-stv-group-and-argent-biopharma/
I want an offical RNS , he could be spouting any old rubbish
Sounds to me they need to INVEST in a proper production management team who know what the fook they are doing
BP is in play for a takeover, its a sitting duck...be patient
Sea of blue!
All those trade showing as sells over 50.6p are Buys...
Doubt there will be a special divi but they may start to pay a divi at 5% level now that the debt is cleared and they are making free cash flow every qtr. The newly acquired mine/tenement will take a fair bit of cash resources to get up and running and this will hopefully make up for any reduction in production of the current mine . All looks good. Free cash flow for first qtr was $21 mill on an average gold price of 2050 oer oz, its now at 2300.. so generating cash hand over fist now. on a market cap of just £117 mill..
Looks like news leaked and a few people got ahead of the RNS but the useless FCA will do nothing.
As good as the results are in local currency. when you translate this into sterling the bag taka has depreciated by over 10% against sterling.. soo that is why the subdued reaction. on an annulised basis the P?E due to this now rises to 6 pre tax. still as EK points out the share price in Dakar is double what it is in London, so maybe a little arbitrage from overseas mayy ensue over the coming days
Just 2 weeks until block buster year end results
Anyone else think BP is still in play for a takeover