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Looking forward to a positive trading update on Tuesday which should re-rate us back to 90p and gradually to three figures. Excellent opportunity to hold a high quality construction business in your portfolio!
My suggest to you is put this in a bottom drawer and don't be tempted to sell with this small rise, you will be handsomely rewarded. This could be work 10 baggers or more in months to come. There are a few bottom drawer bargain stocks about currently, this is the best time to invest for long term in stocks, once over this time is not coming back any time soon IMO.
This is a well run online business which have shot up in market value in recent months and I agree with Mike Ashley, Studio is massively undervalued. It needs to be near to 500-600p not measly 280p. I have been topping up here and hope to see the real market value in next few weeks or so. This is one of my safest investments, it is up for sale and will go to the highest bidder. Hopefully in excess of 600p!!
I am confident that I have invested in a profitable business and more importantly, invested early before the herd arrives! 2021 will be transformational for 7Dig, no doubt.
As I have said previously, Platform business either don't work or if they work, they become cash cows as more clients are onboarded, profits seems to go through the roof. Exciting times ahead!!
2021 will hopefully see us going back to 140p. Sonora is a gold mine and all the hard work is done. Time to extract gold (or lithium) from it :D
Just a gentle reminder of what we have all invested in - https://www.bacanoralithium.com/projects/sonora-lithium/
Sonora Mineral Resources and Reserves Estimates:
Sonora holds one of the world’s larger lithium resources and benefits from being both high grade and scalable. The polylithionite mineralisation is hosted within shallow dipping sequences, outcropping on surface. A Mineral Resource estimate was prepared by SRK Consulting (UK) Limited (‘SRK’) in accordance with NI 43-101. The following tables present the summary of current
I am holding for 700p (either through good final results and/or takeover bid - IMO - MCRO is a sitting duck for takeover by a PE).
Massive momentum and opportunity here. Just listened to Barclays Global Equities chief today - hhis clients are looking at asset-backed and mortgage-backed securities as the next big thing in 2021. I think we are sitting on a gold mine and we could be 140p in March/April 2021.
Ant1986 - very well put. This one is absolutely must have in your portfolio along with other Corona impacted stocks. Q1 is going to be cash rich for Centrica. They will get £2.8b Direct Energy and hopefully news on £1.3b North Sea assets. As economy open up, business energy use will go through the roof. My target is 75p.
90p coming as situation improves. Construction companies are operating as usual and hopefully minimal impact on us given outdoor nature of our work. Costain is a good quality business and will bounce back IMO, same with Galliford Try.
Current market cap: £2.6b
Net Debt (as of HY report): £2.8b
Direct Energy: £2.8b
North Sea assets approx value : £1.3b
If you dont take into account anything else, are we saying Centrica is only worth £1.3b (on totally debt free basis with one of the biggest customer energy portfolio and some amazing innovation like Hive) after the above is taken into account. Centrica will be back, make no mistake about that but you will need a lot of patience!