Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
All this needs now is a opec cut and we will be at $100 a barrel + for oil again
Just sit and wait on this one, if i don't get my £4+ by Feb I will be amazed
What a stupid target, I do not take any notice of the brokers anymore, can think of a dozen shares in the last year where the brokers were miles off and did not even bother to update targets until a trading update or results land. its like they have some guy in the office who throws a number out when they get a notification of a update
heard all this doom and gloom back in july at 2.98p, 5 weeks later it was touching £5, sit and hold. if you can buy in now do it you will not regret it holding for couple months and earning 20-30%
am i peed its dropping yes as i have no more to throw at it but it will still earn us all good returns as the business is sound even with WT
We know where we stand now and can move on with the business, still the most undervalued share on the ftse and when the dust settles in the coming days this should move up nicely.
Lots of noise from the normal suspects but i have been listing to there cra-p all year about WT and its a dead share but its bounced below and above £4 on four separate occasions. sitting back now at 3.44 and will wait for my 20% which I am confident will be in reached in the next 3 months
also lots of buys going through, great sign
I also added today at 3.44 nearly took a quick profit at 3.53 on the spike but was distracted with my finger on the button by customers and staff hen pecking me as staff members cant possibly engage with people when the boss is clearly busy with something, No best to just stand there like a idiot and let me deal with everything
I am not bitter by the way :D
You must have missed Easy jet, IAG, last week showing higher than expected demand even with cost of living and inflation issues, in fact BA are are predicting 3rd quarter OP of £1.2 billion.
That does not really fit with your pessimistic view of the travel sector, Wait for OTB update soon before making judgement
Have to agree with peaky I am also waiting to invest here when the price falls over the coming months with the endless bad news in the economy and rates that the media will over egg and the market overreact as always.
Demand for housing will not go away and when the recession hits the government will do what it's done for the last decade or so and bring in some new help to buy or deposit scheme or even a return to mortgage interest tax relief scheme, we had in the 80 & 90s. (Less likely I might add).
Whatever help will come along, the overriding elephant in the room which is not going away even with rates at 5 6 or 7% is we do not have enough housing and demand will never go down in my lifetime. When inflation falls we will see massive pressure from the UK gov to get BOE to cut rates to get the sector going again, as a strong housing market it an easy way to promote growth figures.
I see a fantastic return here over the next 2 years and wait to load up and ride out the madness.
Think long term we need houses and TW offer decent homes (I know I just bought one), the most affordable and have proven many times they can ride out a poor housing market.
Please do not compare mccolls a firm with 100 million debt that's been in the Shi *t for years getting a director to use some of the vast salary to buy some shares in order to drive a placement to keep it going to a firm like OTB that's been growing year on year until covid which is now growing again and showing booking levels back to pre covid levels oh and No debt
It makes you look silly comparing firms on that basis, like comparing M&S to Ciniworld, your invested in Boohoo so must logically see a firm like that which has also going through a temp blip will return strong and will rise again and that's a firm with debt on its balance sheet and heavily invested into new arms and warehouses at very fragile time.
Simon cooper (he is the CEO by the way ocean as you seem to not understand the running of this firm) has bought and sold on a number of occasions making a tidy sum, I for one watch director deals as they always nearly lead to profitable outcome if the firm is being ran well, mcolls is not in that category.
This may take 18 months but £2.50 will return so i am happy to keep loading as there is no real chance of this going sour
Will this go under a £1 again, yes will I buy and Hold Yes
If you listen to peel then your deluded as £5 is not a credible target SP short term, but by your own admission 20 million profit would be Est £2.50 SP justifiable.
People can ignore the facts that the directors bought in a decent chunk in a open buying period before results this month and that the last update predicted profit in H2 and bookings to surpass 2019.
I am not ignoring these facts so will keep buying these shares and will get my £2.50
its been below £1 couple months back when you made your last negative comment banging on about rev to earnings, it went back up to £1.40.
A broken clock is correct twice a day or in your case twice a year.
Great update from TUI today showing its on the way to pre covid bookings and earnings on target with profit coming in, we can say now that covid travel restrictions and people's scepticalness of travel is no more.
We already know that on the beach was matching pre covid booking numbers in its last trading update, so expect some potential breaking numbers or at worse 2019 booking level which will turn us into profit for the first time in a couple of years. Let's remember this firm was revenue and profit increasing since IPO and i expect that to go on now we have got covid in the rear mirror
Rest of the stock market is doom and gloom but yet here its going up week by week. The market wrongly thinks that a recession means people will not be going on holiday and this has suffered that wrong sentiment for months.
However directors and others buying in and good figures from travel sector showing decent numbers pre covid level, Add the fact OTB does not have any of the issues of running planes, ground staff, being a agent means the overheads do not fluctuate like others Tui easy jet ect.
Well ran company with no debt and last time I checked no company ever went out of business with no debt.
Cant explain JP short as its clearly a failure and will be being burned badly, very strange to start a short when the directors buying in and the industry is reporting 2019 booking numbers
Trading update got to be due this month its looking overdue now, however the directors loading up and this bounce in the last 10 days when everything else is so glum. With good news on the TU we could get close to £2 again
Some chunky buys today even near close, trading update due soon and it will show the numbers are good. Nothing has changed since last update to deter booking numbers and we were on track for numbers greater than 2019 our last profitable year since covid.
Market for OTB is larger to tap into than before covid as 10 billion of thomas cook revenue was lost during their collapse and covid showed up a few months later. when the world economy's get moving again in the next 12-24 months you will see great growth in the holiday sector for OTB, TUI, JET2 and Easy jet. all decent stocks to hold but OTB pips the rest for me as it has no debt and cash in hand.
Last time I checked No company ever went bust with no debt
I don't see any chance of a capital raise, Directors don't top up to then sign off a capital raise to devalue there own shares. also cash flow was good at the last update and was suggesting improvement for the summer. This is all pointing to a decent update anytime now which will show what I have been saying for months, that OTB has picked up a decent chunk of the market and demand is still with us
I am not currently in but if my RR position rebounds and I take my margin I will be seriously considering a large buy at these levels, shocked at circa £1.21 SP there is a easy 30-40%to be had which is modest to say the least.