Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This is one of those: grit your teeth because you know it will be fine in the future but its so difficult to watch, moments.
Beeb - LOL. Firs time Ive genuinely laughed at a post on lse.
Im struggling to find any reason that would indicate that this is not a good buy at the moment. Only slight worry is the time it takes to collect debt, although this is probably standard with the NHS. It just seems to be oversold to me. Over 6 to 12 months this I think this represents a good value buy IMO. So Im in.
With that drop its time to top up.
Big sell yesterday of �1.5 million.
I had a feeling we would have a big drop. L4L sales up 17% is perhaps not big enough for the market.
Hi PensionDeficit, IMO, Determining market size is all down to the achievable speeds and the ongoing costs for the service. If they are good enough they may be able to compete with the traditional ISP's, but if they are anywhere close it will be an absolute nobrainer for your average country bumpkin who is inclined to join the 21st century, let alone the other countries in the EU that this will become available to. I think there is lower hanging fruit in the EU and Australia where you can pick up customers for cheaper so I wouldn't expect there to be any procurements in the near future in the US. Plus, the satellites Im referring to are designed to service the EU. I think the share price will move dramatically based on potential when we get closer to the time. When these satellites make mainstream news its going to attract a more PI's and II's to the table and we will see the SP tick up. Im not heavily invested for the time being but may up my stake in a year or two before these big satellites come online. This latest batch of 20.5k customers are being bought for around �536 each. Good value in my book. Anyway, best of luck.
Loving this company and the people involved with this business. Just bought in today as a long term hold, missed the big rise so far which is a shame but I think this company is a real gem. Shame I wasnt here sooner!
�110K buy. Nice one Appleby! haha
PensionDeficit, Well, Im no expert. But Ill give you my read of all this. SAT is growing inorganically in a market that has slow organic growth. In my opinion they are trying to buy up small providers before the satellite technology that will become available in the next few years becomes fast enough and cost effective enough for the mass market. In 2 or 3 years time this is actually a real possibility, particularly in Europe. Organic growth is the key to this business, both for its procurement objectives and its long term future. I think thats why you might find the word organic growth so often mentioned in their updates. Organic growth allows them to continue justifying raising captial through releasing equity. So far this has resulted in SAT having a footprint in all the major countries in Europe and are therefore primed to take advantage of new technologies yet to reach the market. I think they will continue to buy relatively small providers in new territories with strong fundamentals for next few years, to do so they need organic growth to keep the company going. In the short term its all about organic growth, in the long term its about being placed to take advantage of new High Speed Internet services provided by Satellite. In the short term youll only ever make 10 - 20% on this share as they will continue to dilute or take on debt to grab as much land as they can. In the long term, you stand to make a lot more as I think their market will expand rapidly in the future. Again, this is just my opinion. If your in for the pennies then you can look at the buys and sells. If youre in for the pounds, you put the kettle on. Happy for feedback on this, I may very well be completely misguided lol. DYOR.
Jsmith. Your over analysing. Unless your day trading, all this bid and sell price talk is mostly futile. Think big picture.
If you compare the price per customer we are paying compared to the MCAP to customers (Ive done 100K for simplicity), we are getting a good deal too. Knowing this share. the price will stay the same ... !!
Upside has been met on this one. Dont see any rise in this for a while now. Time to cut and run with whats come out of it. IMO, GDPR compliance is going to incur some costs for DOTD which is going to hurt it in the short term. worth coming back to in 6-9 months perhaps. Love to company though, shame everyone else does too! :)
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/SAT/13640031.html well, Its been passed. 19.18% dilution looking like its going ahead. How is the marketing going to react. I dont see a 20% decrease in SP coming.
Is someone at the GM today? Looking for updates regarding the placement. 20.5K customers being added for 11 Million is good value in my book, especially with the organic grown potential for the two new companies. My real question is how the market is going to react being diluted after being. I have the hunch that they arnt going to mind otherwise we would have seen some more reaction following the announcement. Opinions?
Ive been in this for the last 6 months, very happy with the return having bought in at around 12p. However, is this rapid and continuos rise sustainable. I get the feeling it is not, I get the feeling this will tumble in the near future. Opinions?
Happy to see this share ticking up over the last few days, Although not altogether sure what has prompted it. Any ideas?
ADVFN's thread is like Piccadilly Circus compared to LSE's sleepy somerset village. How strange!
Why so quiet on this board? Wish I had picked up on this one a little earlier, considering taking up some position!
Very positive trading update, outlook is good too. 1% rise today is a little underwhelming for the strength of results