Adrian Hargrave, CEO of SEEEN, explains how the new funds will accelerate customer growth Watch the video here.
I closed my short a couple of weeks ago out of boredom for a tiny profit but I saw the spike today and opened the position again. After a dividend cut and CEO resignation I wouldn't be a comfortable holder but we shouldn't have long to find out.
I've sold. More than doubled my money. I'm struggling with the valuation. Yes all the headline numbers look great and it's clearly a great sector to be in but there's no getting away from the fact that it's not really making any money and LFL revenues are only up 6.9%. Potentially a very bright future but most of that seems to be in the price.
Heathrow evaluating (presumably) competing options: https://www.independent.co.uk/news/health/coronavirus-test-heathrow-airport-travel-trial-quarantine-countries-screen-a9694981.html
Great insight from an estate agent I follow on twitter: https://twitter.com/Space_Robot1/status/1296164991616331780
Loads of good press but the shares are almost unmoved! LSL is a very thinly traded stock.
https://www.cityam.com/housing-market-mini-boom-accelerates-as-buying-substitutes-summer-holidays/
Adjusted EPS of 9.4p requires a bit of faith in the adjustments but in a covid affected H1 that looks like a very good result (better than last year). No damage to the balance sheet and the liquidity position looks more than adequate. With some pent up demand in the UK housing market and a tailwind from the cut in stamp duty I think this stock looks like excellent value @ ~200p. I think it highly likely the dividend will return come the full year results.
No nasty surprises but Genel are clearly negotiating for that money rather than demanding it, i.e. they are going to take a haircut. Oil price is flatlining and cash flow won't support another dividend unless oil goes up significantly. Investment has been cut back. End of the day I've decided I no longer want to hold a stock whose business model involves iffy IOUs. Much happier with my holding in TRIN.
Bought in this morning. Looks cracking value with WTI above $40, cash in the bank and the possibility of picking up new assets on the cheap. Nice to see commitment from the BoD in the form of recent stock purchases and reasonable holdings. Expecting a helping hand from Simon Thompson who in his last update had a target price of 12p when WTI was trading at $26