Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Yeah 30s look a possibility. ASC results were bad and show UK online clothes retail in a steep decline. Nearly 20% drop in revenues in real terms. Much increased confidence now that Boo's results will be rubbish too next week – the correlation is usually high between the two.
Ahh can't wait to hear of Tradey Brockovich's one-man crusade against the bent market of an insignificant AIM stock. Should be hilarious!
Efforts could even preclude him posting the same repetitive tripe here 30 times a day. Bonus!
If it's 27p after results, I'd only be a season out. I'd take that. Fart better approximately right than totally wrong.
Tradey mate, this is only my fourth post today - whilst ur already on 20. And that's about a normal day for you. Liberally sprinkled they are too with casual abuse and insults, hurled so much and so freely you don't even know you do it.
Spot on DT. If here is even close to how he is in the rest of life, then he's got mental health probs.
If he wasn't so abusive, bullying and obnoxious, then I might find some sympathy for him and the chunky loss he's uncomfortably sat on. I imagine it perhaps it's in the region of 1/2 to 3/4 of £100k – £200k, based on his previous statements.
Inflation is well over double the base rate and has been that or more for ages L5. I don't see any sign of prices dropping for things I buy. On the contrary, they're still going up. BoE is nearly out of road for how much more they can raise rates. My bet is inflation doesn't fall but is sticky, and stays persistently high.
Rates a blunt tool that hadn't worked at all. People need to get used to being poorer for the next decade or so.
Yep DT, the UK's supposed massive undervaluation is hard too see. Perfectly reasonable to expect evidence for this from such an informed expert. With their track record, an argument from authority has no credibility.
The IMF disagree and forecast the UK economy to be the bottom of the G7 over the next year. Said something about being the only country expected to have negative growth. Still, I'm sure the experts here know better & the IMF are hopelessly wrong.
Parsing the ONS stuff isn't easy at all; it's probably not even possible to use it to form the basis of any reliable conclusion or even indication about a specific business. In the least, reliable interpretation would involve substantial and lengthy analysis, by someone competent at statistics.
The only metric that matters for shareholders is what Boo's net profit or loss turns out to be in a few weeks. The ONS and similar stuff will often be as much much noise at it is signal.
Falling revenues implicitly means results will be very poor. That revenue has just suddenly stopped has not been nearly well enough accounted for.
A few years ago, this was a business heading towards £100m net-profit per annum, and it looked very likely to do that. Hence the market loved it and valued the equity more than 10x higher than recent lows.
That sort of performance long since stopped looking like it's ever going to be possible: market looks no further than that and marks down the equity accordingly. Back into the 40s now and hard to see results next month doing anything good for it. I can see the 30s again on the horizon when those land.
Yep, PP1/Jh, the lack of info about the revolver is significant to me as well. I'd like them to be frank about the basic terms and if there are any covenants.
It's a shift towards a different capital structure and investors should have had much more info about the reasoning for this change.