Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
No news except on twitter they said they are opening on the 15th
https://mobile.twitter.com/FCUK?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
200p least by end June as the current seller should out by then unless there are more. Lot of the other other stocks are just doing some retracing because went up too much from 14th may low which was previous bad week and even on this week down trend majority stocks are still above 30-50% up from their 14th may low whereas MNZS was around 1.02 so it has not even moved due to constant seller on the background suppressing the upward move . On a general good market sentiment this opens 10-15% high so it would be really good news when we receive news seller is out or news of hiring staff back from furlough scheme will be good for the sp. Also its just next week their clients will resume flying...
dyor gl
Looks like drop to 1.249 was bottom today now creeping up. Gots more today at 1.28 to average out the tranch bought earlier in the week at 1.58.
I was lucky to have come out of TUI and IAG beginning of the week and used 80% profit on here Menzies which has not moved that much compared others. Last 2 days other stocks are feeling corrections than Menzies and these are just opportunities top up if you can before the airlines open up.
In these times not even sure how many days Menzies would require to go back to 200-300p mark on good news. Some of the other stocks iv was in and monitored shot up 50% to 100% in a day on a good news and those stock have more shares in float than Menzies and some of them are risky to leave for long term than here.
So just awaiting for Menzies to do the same shoot up on a day. Only thing is due to low stock float when good news come you wont be able to buy in if your out. 10k of MNZS are my long Investment at 1.03p and 12k bought accumulated between 115-158p will sell around 300+ These make 50% of my portfolio at the moment..
Was busy working so Iv missed todays low so will try tomorrow to buy 3k more under 1.50p once other stock profits to bring to here. My target to hold of 25k of these.
If there are consolidation in the sector and anyone bids for MNZIEs these are worth more than 350p.
II are only selling because they stopped their dividend which don't meet with funds managers criteria imho but there are also II buying them in.
If you read the news they weren't the only in there sector that put staff on furloughed scheme others did the same but they said will hire back these staff once Airline opens up. I could not find out how much money they have they put aside this time to buy back shares. Dyor
Some old news
Also compared to others stocks MNZS has not gone down that much on corrections, which is a good sign to upward trend short term 200p.
https://www.aircargonews.net/airlines/airlines-continue-fight-against-covid-19/
————— April 24, 4:24pm BST —————————————–
Air Menzies International has has teamed up with United Airlines to charter a Boeing 787 on a Los Angeles—Sydney route, each Sunday until the end of May. The Sunday flights will operate in addition to the Saturday Los Angeles—Sydney service.
Richard Marquez, head of sales and business development, Americas, at Air Menzies International, said: “There remains a considerable demand to keep this key trade lane moving and we tried something different in response to our business challenges brought on by Covid-19.
“Our road feeder service has proved invaluable and allowed us to connect with freight forwarders across the US. It’s proving to be successful and we fully intend to continue providing solutions to our customers and the market in general.”
AMI has also been asked to join a new network of 15 airfreight service providers and freight forwarders, established by the Australian Government, to accelerate the delivery of agricultural and fish produce into key overseas markets.
https://www.aircargonews.net/freight-forwarder/ami-moves-to-new-brisbane-facility-ahead-of-airport-expansion/
AMI moves to new Brisbane facility ahead of airport expansion
05 / 06 / 2020
By Damian Brett
Airfreight wholesaler Air Menzies International (AMI) has moved its Brisbane operation to a new purpose-built facility within the Brisbane Airport Industrial Park development as it prepares for the opening of the airport’s new runway.
Compared with AMI’s previous building, the new facility offers an increase in warehouse space, improved docking space, and new customs bond and quarantine areas.
The move will coincide with the opening of Brisbane Airport’s second runway, which will commence operations on July 12.
In total, the airport will spend A$3bn upgrading the airport, including improvements to the transport infrastructure around the airport.
Sonya Ashcroft vice president operations, Asia Pacific for AMI, said: “AMI has been located around Brisbane Airport for over 20 years, so to be able to move to a new state of the art facility within Brisbane Airport Industrial Park development was an ideal move for AMI. This significant investment was required for us to be able to upgrade our capabilities and continue to assist all our customers and agents, complementing the wider investment BAC is undertaking.”
AMI chief executive Jonathan Clark added: “The facility is a massive improvement in size and infrastructure to what we had before. This is now the third brand new facility we have moved into over the last two years following on from the successful developments in Melbourne and Perth.”
I have topped up mnzs this morning so I have no other spare funds for now. Once either CPi or Brown go green il top here anything under 9p. This share will also move up when shops open up
Yeaterday topped up at 1.47 & 1.58 and Took opportunity and bought few more on this morning downturn on basis Kabouter Management are almost done selling so not long for MNZS price to catch up with the rest of the stocks
At this rate Kabouter Management looks like could out this week with their selling then MNZS share price will fly away to a respectable level
That is a good price i think. I have been buying Menzies for last month drip feeding in from 1.05 onward till 1.20. Had 8k of mnzs already this morning bought 1 small tranch first thing then waited to sell TUI by the time I was ready it shot up to £1.58. Anyway I paid and I now hold 18k of these for mid to long term in my ISA. This is way undervalued hence selling others that had made me profit and bringing it here as its seem more stable and more potential to me than others. It just price is being held back for now. This is good 3x-4x bagger could be more if they win more contract due to c19 etc also stock buy back. Also take a look at recent directors buys. good luck
yup bought at 8p with profit from brown & menzie so far this has also been going up steadily. They are talking with investors for funding so any good news will be good
Been watching CPI from heady days of 700p and always wanted to buy given that i work these guys. I thought this would be good entry and we have not stopped working through out the whole covid19 actually been really busy working flat out. What CPI done got rid of high paid contractors and stopped any contractors recruitment instead been using their permanent resource to carry out those task that they would paid twice to outside resource to do. So taken dip after long monitoring
Good luck everyone
Finally bought some today. Been watching for a week and been ticking up slowly without any funding news. Also will top slice at 20-25p when it gets there
Q1 results on 2nd june and 4th June trading update next week to look forward to uptick
Below article is from Investor site Cards have been trading through the Covid19
Card Factory establishes new packing warehouse to meet safety requirements, online demand
Online sales rocketed 267% since the beginning of the UK lockdown while supplies have continued to Aldi and Australia's The Reject Shop
Card Factory - Card Factory establishes new packing warehouse to meet safety requirements, online demand
Card Factory PLC (LON:CARD) has established a new packing warehouse to meet the increasing online demand in respect of coronavirus safety measures.
The greeting cards seller said online sales rocketed 267% since the beginning of the UK lockdown on 23 March, while it has continued to supply both Aldi and The Reject Shop, its Australian partner.
READ: Card Factory shuts all shops
Following the closure of all of its 991 stores, the retailer has furloughed over 90% of its workforce and has rescheduled seven new openings to next year. It also suspended the dividend for the year to January.
The FTSE 250-listed firm has an existing £200mln revolving credit facility and was granted additional funding by the Bank of England under the Covid Corporate Financing Facility.
"While near-term earnings are clearly hit hard, CARD remains a good quality, vertically integrated, high margin and cash generative business," analysts at Liberum commented.
"We look forward to the new strategy, which the management have been working on for some time, and while we see green shoots of this coming through in today’s update, the full announcement of the future direction of the group could drive the shares significantly higher."
Shares jumped 10% to 42.29p on Wednesday at the opening bell.
It’s slowely creeping up even though it’s way behind to rest of the aviation related stocks.
Iv stocked up in ISA and standard ac, kind of pleased it’s stuck around 100-120 helped metopped up what I needed.
Agree with air bridges but come mid June this will eventually move up. Its a growth stock with good fundamental for investment so not really bothered with MM games.
I managed to top up again begining of the week at £1.10 but since then paid the premium at 1.15 and its being held back for often when price is low & it’s harder to buy then.
Only 15 days to go and these guys will have to work given one of the largest service supplier in their field.
So I will top slice at around £3 this is what I believe it will retrace to in few months time.