The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Is the share in auction?
Chumba - ‘ Hopefully Mr Kelly's trip over there is going well?’
Who cares! As long as the sp keeps heading north 🤪
Https://www.retailgazette.co.uk/blog/2024/05/thg-beauty-ceo/
How refreshing to read some considered and measured responses - I appreciate you taking the time and also the courtesy of your replies.
I know I’m not alone in this feeling of being in no man’s land and it isn’t typical for me to prevaricate on a share ….. It’s the fact that there seems to be so much potential here but MM and the BOD Seem to have more of a ‘cut off their nose to spite their face’ agenda rather than take on board even one valid but alternate point of view. We shall see …..
BlueWiley - thank you for sharing that - let’s hope you’re right. We seem to have been saying that for quite some time so let’s just hope this time is different.
morning everyone
so a lot of us have been holding here for quite some time. some of us are even numb to the catastrophic collapse in sp - at least we are not in the .30’s anymore though it still feels like it.
now, i often read the commentary here to see if/ how sentiment has changed over time beyond the usual polarized camps of ‘mm/bod/tgl are all****** and need shooting to the ‘mm/bod/tgl are all the second coming and saviours of mankind’ and i would really like to get a feel of where posters genuinely think this share is going over the next few months. some allude to a different ‘feel’ as time has gone on and there is always talk of jam tomorrow but tomorrow seems to be a long time coming and in the meantime, other companies have stepped in/up with their own nutrition or beauty offering and as clever as ingenuity is, it hasnt taken the market by storm. capex has been eye watering and still there is always more outflow needed to secure the potential jam.
so here is my question and it is a genuine question …..do we think that the moment has gone - that one time opportunity to seize the day and corner the market or to be an attractive proposition for an other to acquire?
it’s all very well and good saying all announced and unannounced approaches have significantly undervalued the company but when that value is not shown on the balance sheet and when shareholders have seen the destruction of their investment with no apparent action on premium listings or strategic updates as promised, and with the bod not seeming to listen ( as per mm linkedin) or to even care, then surely the time must come when the bod actually put a figure on what they see as the value because clearly no one else sees it.
i’m so tempted to throw in the towel here but i keep saying that surely this state of affairs cannot continue …… it all just seems so extraordinary……
anyhoooo …. be good to get your genuine thoughts and have a good weekend everybody!
No movement on Kelso at all ….. … bit odd, no?
Https://www.bbc.co.uk/news/articles/cxe81348llpo
A good little synopsis of the history of JMAT’s catalytic converter ….
D9Ber1 - it’s easier and quicker to just do what I do …
LSEG RNS - input that into your browser and it will bring up the news site. On the right hand side you will see a smaller menu and the top option is an option for live news. Just hit that and it brings up the new RNSs. You may have to refresh the button once or twice just after 7 am but then it should start to list them all. It’s also worth checking at 7:15 or 730 again as not everything is released at 0700
The company simply says on dividends that they are committed to shareholder return but do not give a date.
2 billion less in debt is the key figure for me ….
Well this is not explained by the last updates and figures. Someone knows something that the PI’s don’t …… let’s hope the rise in sp continues ….
Deutsche Bank reinitiates Johnson Matthey with 'buy' - price target 2,400 pence
That’s more like it …
Trades looking like the share is in auction - not what I expected but most welcome on the back of 6% rise early doors.
Maybe Mr Kelly woke up this morning and decided to crack on ……
Placing of 162,500,000 shares at 0.2 included in the news …..
a mixed bag RNS ……
Https://www.telegraph.co.uk/business/2024/05/03/north-sea-oil-drilling-net-zero-deadline/
Worth a read …..licences for extra 20 years of North Sea drilling
Deutsche Bank initiates IP Group with 'buy' - target 100 pence
Whether you hold much store in broker upgrades or not, we still like to see a buy recommendation when it appears ….
ML has reduced his holding again ….
I was wondering if JMAT might go the same way as Darktrace ……
So that’s a wrap for today - a 7.51% drop. We need good news but the sp movement seems to show otherwise - let’s hope the slide is not indicative of adverse incoming news.
Anyhooooo - enjoy the long weekend everyone. Mine starts now so I’m signing out until next week
Stephen Kelly is on record last year as stating Cirata will attain world leader status within 4 years. He stuck his head above the parapet by doing so and he will be judged as having failed should he miss - wise not to promise to deliver such a mammoth undertaking unless you are very sure of success. The market is very unforgiving and it doesn’t reward ‘ steady as she goes’ or ‘growth/ revenue is on target’ , let alone failing to deliver. He also admitted in the last update that new business was much slower to secure than anticipated and their new ‘go to market’ strategy has not delivered the uptick in sales and revenue that was expected.
Trust needs to be rebuilt but in the meantime, other companies are coming along, without the baggage or stigma and are attracting customers that Cirata relies on to grow.
It’s very much a hold and re- appraise on a quarterly basis share in my portfolio. I hope he can do it -
EYAUH - you sound like a seasoned IAG shareholder ! Welcome - we are not called long suffering for nothing 😂