Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well assuming your own figures are correct until December and that is fine as they will not have a problem with capital if the margins continue to improve and forward orders look good. While we are at it ... what year was Dr No? Which ever way you look at it and I agree the IPO was easy gravy for the private equity lot; this brand has a heritage and, from that value. Perhaps the biggest risk of any turnaround is not the timescales but the opportunists ready to swoop from it. So, to conclude our little chat I am happy to take the risk with this investment as with any other. It may fall tomorrow it may not but that investing for you. I don't get bitter maybe a lesson you may wish to heed for your own health. I am not flirting with rescue so I don't need saving. bless ya thou.
What you seem to ignore is that the market is forward looking while all you do is look back... erm.. someone must have lost a lot of money on this one but thanks for the bear side views always good to know. I am long and will remain so because the brand is worth so much more than now. If they could even get their merchandise right it will bring more revenue than cars; just like Ferrari
...and in a bad market to. Shoudl hear about Divi next week for early May.
Trek, I have previously said 'each to their own' about you which I stand by, however, this board is about PHNX the company and not about trading strategies all the time. If I wanted to read that I'd simple go to the AIM rubbish stocks and read that style of posts. It is a shame you feel the desire to justify everything you do or do not so.
Phnx as a company has been around a very long time with a good pedigree, decent free cash flow and a great yield. I am down short term but remain relaxed as I know it is just a matter of holding for a few years and watching the power of compounding give me (hopefully) a very decent return. There is another way of protecting capital and that is investing in great companies or funds and riding the waves, all about timescales. Your way is your way, but others do things differently what matters is the health and potential of the company, which, in my view remains sound as my pound. GLA
make of it what you will but in the absence of any rns or capital market day that i know of it seems a back of a *** packet view to be honest:
'double-downgrade' from barclays.
the investment banking arm of the high-street lender moved to 'underweight' on stock in the long-term savings and retirement group with a price target of £5 a share.
in a brief note, it said: "phoenix faces insufficient cash from operations alone to support management's targets, a weaker capital position than peers, and a change in strategy from historical areas of strength to areas where the group is not meaningfully differentiated, in our view. targets may only be fully evident in 2027."
Https://www.polarean-ir.com/docs/librariesprovider37/archive/admission-doc.pdf
page 16 and page 50 are the key areas.
Los ... That is simple wrong. Read the IPO admission document and see the breakdown of the patents, expiry's and licence agreements. Duke own the vast majority and a lot due to expire in the next few years, hence hatchwaxman application and protection. There is a reason the CTO is from Duke and it involves risk free funding streams for their research. Polx own parts of the polariser but not the methodology. The IPO doc is detailed, as it had to be transparent from them to be listed. A company website... well ..enough said.