Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
Why can't I see this company's share price?
I think that is how I would describe the current stock market situation. It feels like it is from nowhere but the signs have been there. Savings down, the cumulative effect of inflation being felt, wages somewhat suppressed and the cost of housing as a percentage of income much higher than reported. Add to it oversupply and a levelling of interest in mobile phones and laptops/iPads etc, and what you have is a normalisation. I guess the question is knowing what is actually a new high and a new low in many areas. I suspect 2019 will bring that focus.
There has never been a period like this in the retail sector. It is becoming a retailemic.
dict. A real case of the unknowns.
80% off year-high. So hard to pred
Once a brand loses favour that is it in many respects. The clothes were less important than being seen with the name. People can say this will turnaround but why? Its main selling point has gone. And it's over exposure. Next will be talk of debt levels and shops being closed. It is not just a matter of the high street changing but also people not particularly caring about a brand defining who they are. This company will do very well to pick itself up sadly.
This will plummet today. Every stock is teetering at present and soon we will be left with independent companies who don't overstretch themselves and are well run or big companies with manageable debt levels. I think that will be the case cross-industry such has been the turnaround in a very short time.
Invest in Gregg's or WHS Smith or anything that is neutral. The supermarkets have mostly levelled out now in terms of share price variables. People need to look at the social and political climate. It makes a huge difference but people need to eat and they have little time, so convenience and cost. This is this cycle but we also need to take holidays but only with companies that are unlikely to collapse. Why would you book a holiday right now with TCG?
It would take cojones or a large amount of money to invest right now. It really is carnage. Debt, expansion and over exposure and of course Brexit are the problem. A real cocktail of doubt and concern.
I am no expert and would not take my own advice but I see much less of the Superdry brand on the streets or elsewhere compared to what I did A couple years ago. Not saying that is replicated elsewhere but as an observation. I also think we are in or near an era where no brand or a new brand will hold sway. If the company gets a hold overseas then maybe it will return to the top table but for now it just seems to have fallen out of the public's gaze. At least how I sense it.
A definite sell. There is only good thing about this current spate of company collapses if it has not broken people financially. It is to take stock and peer into the looking glass. This sector is gone... for now.
Correct. Next to nobody knows about shares. When things are going well it's jump in. I guess the alternative is speculating but in that sense work on a 10% profit and out or 20% loss and the same. It is simply too risky and the list of once big companies failing growing each month. Stick any cash under the mattress or live in fear.
Correct. Next to nobody knows about shares. When things are going well it's jump in. I guess the alternative is speculating but in that sense work on a 10% profit and out or 20% loss and the same. It is simply too risky and the list of once big companies failing growing each month. Stick any cash under the mattress or live in fear.
You wonder how on earth any company can survive and thrive at present. It is one shock after the other in every industry with lies and more lies at the fore. Then the public backlash over any company that makes money. Pensions are being crushed, wages deflated and yet we have seen no housing market crash despite people being placed in vulnerable positions. A real crisis of confidence is happening right in front of our eyes. Worse in my view than the so called financial crash.
This begins to look extremely worrying for any investor. It is its debt that is the problem.
It's knowing where the range is for this stock which is the difficulty. It was over 12p 2 or 3 years ago and now flirts between 0.5 and 1.7. The question really is how much can it get to but until then it has a bounce and then deflates.
100% off a value is 0. 50% is half. This has plummeted as have so many stocks. Question is trading model against debt viability and costs. Most of the main assets were sold so what do they have that a prospective bidder or the vagaries of poor weather might generate? One terror attack abroad and this could be 50% lower again. Risky punt.
They say hold your shares and give them a chance, not seeking a quick profit and enabling the company to develop and grow. I say take 20% profit on any investment of 2000 pounds every time or you risk getting stung. You hope you live and learn.
It is becoming relatively simple even within the complexity of the retail world. If these huge retail companies can renegotiate terms, probably close some stores (shame on any compulsory redundancies) and then concentrate on adapting quickly as and when then many can and will survive because they will be able to main competitiveness and react quicker to change. We will always have a vibrant high street but not one as it used to be.
No trade war means a boost tomorrow for energy and commodities I would think.