Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I was just going to let it play out, but having read the II perspective (linked in another thread) and given it deeper thought, my finger's hovering over the sell button. I'm still inclined to think I can hear pencil sharpeners in the background, but ultimately is the potential upside worth the hassle?
I've looked at the company website (still mentioning Wilko as an outlet btw..) and tried a bit of 'Google-foo', but can't seem to establish where the company's products are formulated and manufactured. Can anyone enlighten me in this respect please? I'm considering adding to my p/f, but would like to understand the business a bit more comprehensively on the supply-side before doing so.
Many thanks to anyone who can assist.
Beo1 - Agree with LWHL, booking some profits is frequently shrewd, but personally, I'm a very poor judge when it comes to the 'Can I be bothered?' factor. May I ask, what sort of lump sum, rather than a percentage, do you feel it's worth the legwork?
Also, any prospective American buyer will have to take a view on the currency factor. A bit like with physical gold, I think we might visit $2400 at some point in this year, but I have much less confidence in predicting the exchange rate. Will a new government be bullish or bearish for GBP? I can make a case either way...
Desertsands -Very pleased to hear your good news - will raise a glass to you later! (I'm meeting a very old friend who's flying in from Los Angeles, I hope he's 'flying the flag'!)
I'm still slightly under water here, but when airlines started to pick-up, instead of averaging down heavily on IAG, I opened a position with EZJ, so overall my airline stocks (including RYA) are doing quite well.
I'm now keeping an eye on AIRA. I know I'm a glutton for punishment, but I think its fundamentals, particularly with respect to Russia's future, look promising...