Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Personally, very concerned with recent results. Net cash keeps on dropping strongly whilst being acknowledged little by management. No convincing actions in their outlook on how to improve the situation either whilst a lot of talk around ESG which is mostly meaningless to share price. Project cash burn out for 2-3 years and the company will be in financial trouble. Mine seems to be a good asset but management needs to acknowledge problems at hand an try changing course…
Nice analysis Celtics. Key point is that Poly Kazakhstan only is about double or even more attractive in terms of Enterprise Value /Net Income than Barrick & AngloGold. Furhter, the value gap widens signifcantly if some value is attributed to Poly's Russian operations. Thanks again for pulling the numbers together
Topped up again here this morning - current mark down seems to be mostly due to the Russian Ukraine tensions which will improve in the medium-term...
Also topped up here this morning again - most importantly the company is reducing net debt quickly and growth prospects remain attractive.
Some ideas are M&G, Bellway, Virgin Money and Just Group.
Seems oversold on decent trading update - bought back in here
Some good ones from the top of my head (all invested myself in those):
Bats, Lgen, aviva, Phoenix group.
Back on board here... bought my first MTR shares in 2016 and always enjoyed trading these from short to long-term. Decent price currently just post RI and with MTR's upside potential and usual share price volatility should very likely see higher prices again sooner or later :-)
Was holding KAZ but sold after takeover offer. Invested in MTR but cannot necessarily recommend them and they only explore & don't produce. JLP does some copper mining too although I find their share price quite high currently. Also looking to invest more into copper miners... any hints welcome.
Well some concerning statems in the CMA repor are:
- Dignity named as the on average most costly funeral provider.
- Future investigation into setting price limits creating further uncertainty and, if price limits were introduced, potentially big impact on Dignity's profitability.
- Some poor examples for poor services identified but in general there does not seem a clear link between funeral cost and higher quality of service. Thus, questionable if higher prices at Dignity are justified.
I always had a lucky hand with this share and I think there's a good chance for share price to decline further in reaction to the CMA report. Only real positive was that no price limits are introduced right now and, if they ever come, they are likely a still a few years away.
And the sh.. show goes on. This company never disappoints :-)
I think this share has become as exciting as it can get. There's a good chance for the business to go bust if the company will be overwhelmed by claims. On the other hand, there is huge upside potential if the ship can be steadied.
Since JB is fire selling his 60% stake into the market at 1% per day (big ego sale IMO and insane value destruction on this part), I expect share price to be crushed like a fly until he is done or a bigger buyer appears starts taking over part of the shares. At that turning point, share price is likely going to be extremely low which will represents an usual upside potential. GL all!
Yes she truly made a significant contribution over the last 4 years. Share price down from 350 to 150 pre-Covid and 50 now... Good bye Karen.
I took a punt here today. High risk, high reward play! There is pressure on share price here in various ways but this also makes for opportunities. I expect the board to be removed in due course which then has a good chance to be the first trigger event for a first leg up in share price.