Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It will also be good to get an update on what they are going to do with the cash pile.
Hopefully today’s rise signifies a cracking upcoming RNS and with it news of what’s pending with the cash pile, updates on progression of existing sites etc.
Take a look at the RPT website
http://www.regalpetroleum.co.uk/uploads/regalpetroluemar2018.pdf
Whatever the cash pile is it will appear huge in comparison to the market capitalisation of RPT and today’s share price.
This alone, without all the other various possibilities RPT offers, makes this lower than a bargain basement - or am I missing something?
With the latest RNS can only indicate an uplift in share price to a fair level? Any thoughts....
It’s staggering that RPT remain in the low 40s given the fundamentals - patience required back up to 50s + Without anymore news this should rise but with recent appointments can only assumed plans afoot as to what to do with the growing cash pile - given that they are debt free this continues to be a good entry point or a time for a top up.
Still a long way for RPT to go to reflect a fair price - so watch this one fly and it should go even further with a decent RNS (investment news, divi policy etc)
Got to be a buy at these levels with (i) dividend/ cover, (ii) NAV, (iii) Recovery as Tesco/Morrison’s, (iv) resurrection of merger and (v) Another predictor Equally this may well fall prior to going to 250 later this year?
A £20k buy gone through this afternoon boded well for this undervalued stock - roll on the 40s and 50s again in a month or so?
A good level to enter or as I’ve done today averaged up. My trade for £10k not showing so suspect others are the same. Whatever happens over the next week or so this one for the medium / long term.
Totally overdone - not only today but over the latter few weeks so I’m in today. Missed the lows but 215 is a hopefully a cracking entry point and as you say especially with the divi (just wonder the the cost of fees to SBRY during this period)