Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
SNCP are skint, as AAOG found out to their cost. Any future drills will be entirely funded by Zenith for sure, you lot will take all the risk and SNCP will only cough their share if it is successful, by paying it back from potential oil sales. They won't be stumping up any cash in advance cos they don't have any!
Quite agree ...distinct lack of actual CBD sales figures/revenue for a long time now. Seriously doubt they will justify a Mrkt Cap 72m, but in a few years may be?
How is this co going to actually make any money? Despite all the mega sums being thrown around, all they actually do is 'arrange things' through their platform for which they might get a small cut! And until they consolidate the 32bn confetti shares no one is going to take them seriously!
LOL.... Actually I do...in fact I have a watch list of all his last 6 months of tips and know how keen he is on Pelatro! The big problem is that even though he may be correct about a particular company, too many of them are obscure, off the radar type co's, and after the initial burst of interest punters realize this, get bored with the lack of trades etc and wander off. Even good news RNS's about his tip co's seem to be ignored, until he actually highlights them in his column. Some stuff he has plugged for ages but the Sp still goes nowhere, for example TRIN. Same with plenty of others unfortunately. Thinksmart is the only tip recently that has done well, ...actually gone up and stayed up as far as I can see. Whereas PTRO has fallen from 60p highs! But could well be a good buy still? (if you have the patience and don't care about missing out on todays opportunities)
the
Does anyone know how this is to be decided. Is it SP at a particular time and date, then x15 ? Or some other method. Thanks.
Been watching this for a while like others, certainly seem s undervalued for cash in bank. Main concern is as with many of the constuction/infrastructure building groups, is that although they have contracts secured for the future, the margins tend to be very slim, particularly for the Government contracts. Any overruns/problems/disputes etc and potential profit quickly flip to losses.
For Arrow Global (ARW), the Covid-19 crisis has morphed from "exactly the kind of situation" the debt collector was built for to “a potential once-in-a-lifetime multi-decade market opportunity”, interim results confirmed. While this breathless optimism sparked analyst predictions of a turnaround and an enthusiastic market reception, the numbers still leave plenty of reasons for concern.
Financial performance
' Turnover in the twelve months to 31 March 2020 increased to £416k (£241k : 2019). This resulted in a gross profit of £26k (£145k : 2019). Exceptional costs of £224m have been written off as a result of the treatment of goodwill and the accounting for the transaction.'
Mrkt cap now £165m and 32bn confetti shares in issue! lol
CINEWORLD SHARES SLUMP AFTER AMC ENTERTAINMENT-UNIVERSAL AGREEMENT
(Sharecast News) - Cineworld shares slid on Wednesday after US cinema chain AMC Entertainment and Universal Pictures reached a multi-year agreement that will result in films playing in theatres for less time.
The deal will shorten theatrical exclusivity for all Universal Pictures and Focus Features from 75 days to 17 days, at which time the studio will be able to choose to make its titles available across premium video on demand platforms.
This means that rather than having to wait months for some films to reach digital storefronts, people will only need to wait three weekends. The full terms of the deal were not disclosed.
Morgan Stanley said this is a "crystallisation" of its bear case for Cineworld. MS had framed industry-wide PVOD as a 10-30% EBITDA risk, but said this would likely be higher on a lower post Covid-19 revenue/profit base.
The bank said it's likely that other studios and exhibitors will have to follow suit, "ending a decades old theatrical model".
"AMC is the largest US exhibitor, and it is hard to see this paradigm shift not being replicated by other studios and exhibitors such as Cineworld," it said.
At 1420 BST, Cineworld shares were down 11% at 38.18p, having hit their lowest level since April.
Actually the heavily discounted placing was probably a warning of things to come. Notice Superdry getting hammered recently too. From what I have seen round my area....the shopping center/precinct areas etc retail is NOT bouncing back quite as expected.
It would appear the whole sector is in for a rough time, things may well get worse before they get better. Think many establishments will be lucky to cover staff costs and pay the rent, never mind making any profits.
I returned to my local on Saturday, where I am a regular pretty much 365 days a year. Frankly not the same fun it used to be, social distancing was a farce despite the staffs best efforts, and to top it all a pint of bog standard 5% lager now a shocking £5.10 a pint. (30p increase). I won't be going back in a hurry!
Ever since suspension pi's have been dreaming of billion dollar deals, but apparently no potential buyer has offered anything worthy of consideration in all this time, so they have finally had to hang out the 'for sale' sign in a desperate attempt to drum up some interest.
For sale.. 'A few acres of Russian mud, a couple of knackered dumper trucks, a small processing plant producing 1/2 a bar of palladium per year. Yours for a few $bn! Any takers!
'Since May, equity markets have played host to a spectacular 'dash for trash', a phenomenon that helps to explain the soaring share prices of perilously cash-strapped or even recently bankrupt companies. In some cases, investors may have caught deeply discounted stocks trading at all-time lows with some hope of recovery. But not all. In the case of vehicle recovery group AA (AA), we think investors need to slow down, turn on the hazard lights, and pull over. While drivers are gradually returning to roads previously abandoned during lockdown, the combined effects of Covid-19, eye-wateringly high interest payments and the need to refinance more than £1bn of bonds by 2022 mean equity holders are fast running out of road.'