Member Info for DRCed

This share is now a pure gamble. It’s a flip of the coin, you will either lose your money or get a multiple back.

At this point unless you want to offset your Capital Gains tax bill you may as well hang onto your shares.

The share price is having a bit of a dip, now is the chance to buy in. The share buyback scheme is hoovering up large amounts. FCH is looking to distribute some money from the share premium account, dividends or an increased buyback scheme? What is not to like?

A grim day across the markets today.

125,000 shares purchased today via the buyback programme.

How much of the selling over the past few days is LTH selling up or reducing their holdings because of the upcoming budget?

If we can make it through the 150p barrier it will be a big psychological boost. As ever there is a minor worry that could hold the price back and this time it’s the forthcoming budget in the U.K. there is real concern within the investing community about increases in capital gains tax.

With Barclays helpful comments, I am expecting a fire sale of some assets to improve the balance sheet. Hope Burberry can avoid being the next Aquascutum ( remember them? )

If they have any money it would be better to do a share buy back rather than pay a dividend.

The 590 million new shares at just over 1p will suppress the price for a little while.

An opportunist bid. I will vote against it, undervalues the company.

It should be noted that the new price target still offers a 69% increase from the current price.

Deutsche bank are at it again. The price target has dropped again from 210 to 170. A few months ago they had placed a price target of 250 on FCH. Considering the sale of the US business and the strong start to the year I am struggling to understand these price target reductions.

This could easily go the same way as GGP, in a few months you could be looking at a good multi bagger.

It is becoming increasingly clear that something has gone wrong with this company. Is the ramp up still on course? Are there any skeletons in the cupboard? A couple of months ago this looked like a multi bagger now it’s a question of how low can it go?

Just sit tight production has been revised down, it is a conservative view on the sales from Akatara and they mention weather events. This would help explain why debt has rocketed. If the company can show that it has debt under control, sales and production continue to increase we can expect to see this share hit 50-60p by the end of the year.

Not really, at this point Matad cannot process, transport or sell any oil as stated in the RNS.

Did everyone read the RNS fully? The last three lines are very important.

RBC has cut the price target for Adriatic Metals to 260, that means that there is only a 57% upside to these shares. Why are people selling?

We will have to wait and see, the court ruling may have some caveats that may allow ADT1 to continue unimpeded.