RE: Interesting John Meyer comments11 Oct 2019 08:45
sanchez. markets won't see your point. they will see figures as at 1st, Vanchem will deliver 25% , which market makers will factor in. (also will be some debt fund). future expansion of Vanchem ( kilns etc) will show increase production in Q results etc, which will aid SP. But to suggest the full value of Vanchem in 5 years time after expense of refurbish, getting 3 kilns online, supply of ore from Mokopane (after licence granted)..... all going to be prices into SP on 31st Oct shows poor awareness of company valuation. Vanchem will aid BMN growth over next 5 years to 10,000 MTV. but on 31st oct, production will be around 3900 mtv. these next 5 years will not be priced in on 31st Oct. no chance.
RE: Interesting John Meyer comments11 Oct 2019 07:56
Pdub, BBM is in no doubt a growth company, with no debt , and therefore a good investment. But the days of 40p + Share Price will only return on significant uplift in V prices. We all know now with the help of hindsight, that last year spike to 46p ea s all on the back of the V price spike. 1 day, another spike will come. They come along every few years. So I am happy to hold and cash in on a spike in a few years.
RE: Interesting John Meyer comments11 Oct 2019 07:43
pdub.... if an extra 800mtv comes from Vanchem. say it's 25% increase in sales takings over current.. then why would the SP move any more than 25% ....to about 25p in my view. there will be some lift. but no more than to 25p. any rerate to 40p has to come from rising V prices....... some years into the future
still too early to decide season.. Liverpool's era is over. They had it good in the days running around in tight pants and perms of souness and Keegan. Man Utd era of Becks and Cantona over. this is the time for Man City
ophidiam...... but don't get ahead of yourselves. economic stagnation as per 2008 Lehman crash, could already happen again in Europe, the world with USA / China, and Germany already on verge of recession....... BEFORE any Brexit effect. And that could mean house price stagnation( already showing sign of price downtrend). this could mean no construction for years as happens every major recession. hope none of you lot on here voted Brexit. Brexit could be a catalyst of much stagnated growth for years to come. dont tthink naively (Alfa) that BMN is a hedge
pdub. my knowledge is,full of gaps I admit. I only dip in and out of BMN periodically so I use find it easier "getting upto speed" on this,BB. but I am,aware the Terry Perles 2nd half of year V price,recovery has not happened. and whilst demand is low, V prices will follow...ie low.
numpy. .... you do not know there is a buyer, a supply chain for this product. looking at the V prices its clear demand is not high. these are tangible facts as to why Vanchem deal will come along and the SP might not re-rate.
pdub......vanchem may add initially 1000mtv. but is there a buyer for it immediately ? is there demand for V ? not according to V prices. there is an abundance of V in the ground around the world. Will BMN be selling this 1000mtv extra every month from 1st November?
sloppy.... I recall last year, during the massive spike in V prices, and BMN SP, there were people on this BB saying they were 100% in on this. everything they had, ISAs, SIPPs, remortgaged houses....every penny in BMN. not advice a licenced FA would tell anyone.