Member Info for halfpenny

Sometimes you need gut instinct where you bet the bottom is. These falls tend to be overdone and vice versa.

PE around 4-5 seems too low with a divi locked in, new mine JORC due within weeks and work underway to improve Asacha.

Market Cap now just over £40m for a company that made PBT of $17m last year, we know they did $8.5m PBT in H1 2019 and just announced record revenues for FY19. 2020 guidance broadly in line with 2019 but the strong gold price could easily mean another record year for revenues.

Why buy back at 60's or 70's when you can buy back in the 50's or lower? ;-)

Getting pulled down with many today for no specific reason regards tsg. The gold miners will be the winners in the long run imho when value is recognized.

Getting pulled down with many again today. It'll bounce back IMHO when value is recognized.

This has to be a buying opportunity?

They are allowing 3 million $ for dividends which equates to 2.2p which is 4.4% yield at 50p a share and that without a special dividend if gold prices keep increasing I'm sure there will be one

There's also the rich vein discovery just recently.

There's also the new vein reported recently. The future is bright the future is gold..

They appear to be struggling with keeping the sp this low as lots of buying at the moment.

Nice entry position to buy tsg after this mornings fall to sub 50p.

Not bad results at all - These miners typically try and hit the upper end of their production targets. If they are ahead of guidance during the year, they often look to reduce their grades and mine marginal parts of their estate during the last quarter so that they can still meet targets but utilise less productive parts of the mine. These are good results. Revenues beat market cap we would expect record EBITDA and post-tax profits this year too. Not sure what the market was expecting, but I think the price drop has been engineered slightly to get cheaper shares. Should rebound as the news sinks in?

They may still pay a divi

It's manipulation of the highest order. Best not to fret about it and be content to enjoy the ride..

Exactly what I was talking about, another large sell just been reported from last week. Makes you wonder???

Let's say one of the bigger holders of these wanted to buy more how'd they do it? Let's see, one way would be to sell off a few large blocks to lower the price to their liking and then after time buy back in at the discounted sp level. It ain't rocket science :-)

The sells are reported spot on, funny how that is?

Buys reported as 59,828
But I've totaled the buys to be 179,766
Which makes buys triple the sells :-)
Come on tsg give us the good news on Mon we crave and it'll be a sweet sweet day..

Phoot splutter splutter phoot splutter and down to earth the Dow shall go?