Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
This looks like a steal to me, looking forward to making some decent cash on this one longer term. Having researched I can see this going places and, they have done everything right since they discovered 'the problem'. Could not ask anymore IMHO. GLA.
drop off in SP even with sorters selling on ex div date. I for one did not expect this drop off, maybe 2/3% by down, but down from £13.80+ a couple of weeks ago, that's a big drop. Hope the results are good and we see mid £13 again soon. GLA
Could be something to do with the RNS yesterday where the are looking to increase EPS quite considerably. This share goes up and down quite a bit daily.....wish I could time it and get out on the ups and in on the downs to increase my holdings....but the main thing is, its performing well.
Personally, I think the BOD are possible looking at the likes of Kier and the massive contracts they are pulling. BOD must be thinking we need some of that action and, if they get some, the construction margins could rise significantly. Given the experince the company is gaining with the likes of the queensferry crossing it will have the confidence and ability to bid for much larger projects and hence the margins will increase. Ithe current projects are close to loss leaders, so you got to be happy with 1% presently, the future looks good and I thing this is their strategy? GLA.
Cash is king.....premier are in a perilous postion with II's breathing down their neck, whilst not as much tullow have too, with oil not likely to rise until late 2017, not a great position to be in, must mean the bod has to take their eye of the ball to deal with much of these pressing and highly important issues regardless of the consultants they employ to manage it on their behalf. Much prefer having lots of cash in the bank to weather any potential storms and give strength to any potential negotiations for partnering and allow the bod to focus on cash generation etc. Good company, well managed and should come good soon.
Burning through their cash pile at a faster rate than expected whilst looking for a partner.....according to article in the telegraph, trust the board to find one soon and price will reflect accordingly. GLA.