Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Oxo, I agree with a lot of what you say. Now we have had a leg up from 6p to 10-11p range I am considering catalysts for the next leg up. These are what I have:
1) Interim results (last year 30 Aug)
2) Gove says something positive
3) EU say something positive
From RNS 15th March
· Group revenues increased by 6.5% to £8.80 million (2017: £8.27 million)
· d2p revenues increased by 191% to £0.93 million (2017: £0.32 million)
· d2w revenues were broadly stable at £7.67 million (2017: £7.78 million)
Hi OXO, if memory serves correctly d2w sales were 9 times that of d2p. Will try and dig out rns later. D2p had higher growth rate for sure. Is this your understanding too?
Also do we know when next scheduled update is?
Where is the best place to look for upcoming updates?
Can you please remind me which projects are due resource upgrades?
Hi all, just see this article. Any idea what consultation paper is referred to in para 5?
http://huffp.st/yuHYFI6
Thanks for this Stoneb! Good to see this news report. I also saw the proactive video. Expected perhaps more discussion on the back of it. But you have to say for all their excellent products we are still are not motoring yet. Sales sound like they might start to pick up from here though
I agree with you. Whether it’s regulatory or not consumers appreciate biodegradable products. Ocado’s magazine now comes in a fully compostsbke plastic lining, even with handy lines to snip against so you can use in your veggie peel caddy. Several coffee shops also offer fully compostable cups and lids. Come on sales team let’s sign some deals!!
Am guessing a few got caught short today. A move on up has taken a few by surprise. I may be wrong but I doubt you will see today’s lows again in the near future. I hope and expect this will push on from here.
Do we have any idea what sort of revenue uplift the 125,000 m(3) /d of gas and 40 tonnes/d of condensate would produce?
SRT & JRC SIGN AIS OEM PARTNERSHIP AGREEMENT SRT Marine Systems plc ('SRT'), a global provider of maritime management and surveillance systems and the leader in Automatic Identification System (AIS) transceiver technology and product solutions, announces that it has entered an OEM partnership agreement with Japan Radio Corporation ('JRC') of Japan. Under the agreement, SRT shall supply JRC will AIS product solutions customised and branded to JRC requirements. Simon Tucker, CEO of SRT Marine Systems, commented: "We are delighted to have entered this long-term partnership with one of the world's leading commercial marine electronics companies famous for providing products of the highest quality and performance standards to the global commercial vessel market. This agreement was entered into following a long evaluation of our core technology performance and product quality which proved our significantly differentiated offer in the growing AIS market segment. We look forward to working closely with our new OEM partner to help them develop their AIS transceiver product segment in the years to come."
Strong trading update out today. I have been expecting this since that Q&A type paper came out that was meant to distance TAP from the GDPR regulation that came in. Underlying business has not changed at all. It’s still churning away and tricking along. I am glad to see the Asia region specifically called out. Growth there could be huge. Having travelled their (Japan and China) in MArch this year I can see phones are an obsession. More so than in the UK. When I came back I wanted to buy more TAP as they are pushing Asia a lot. I bet they continue on this path of increased revenues and profits, the boost to margins most welcome too!
Agreeing with a lot of what JohnnyD is saying here. I held this quite a while ago so know a little bit about this stock. PHTM still on track to make 44m this year. Mkt cap 414m, meaning a PE of under 10. Also in then announcement a statement saying div policy to remain in line this year. Once you factor in rapid laundry growth on next years numbers this may look quite cheap. I think it will ounce up from here. Institutional investors won’t run away on the back of this IMO
Agree on al fronts. EPS of 127c (91p at todays rate), only equates to a PE of 15. At a PE of 20 we are looking at �18, and I don't think that's outrageous at all. even when you consider next results will include to +�60m from yesterdays announcement.
Thanks Del. Very useful and much appreciated. Do you know by chance where we may be able to get hold of management or market expectations? It's always a challenge with AIM companies!
Did anybody hear any news from the AGM? Some firms give light trading updates but I see TAP did not do that last year.
Some good debate below but wanted to start a new thread. From today's RNS it seems ODDO are still buying well into the 77's. Always dangerous second guessing their motive but possibly they believe 1) another bidder will emerge? 2) this current offer will not be backed by enough votes? Interested in the QP dream team thoughts??
Hi SamJ. I have just seen this RNS too. Could you please help me interpret? What does it actually tell us Andrew Scaife has actually done? Does it serve as a statement of his position? Surely not as he is under 3% and does not need to declare.
Hi Chris, thanks for the reply. I didn't know all our II's also own CLIN. That changes things surely? So if ultimately they want this tie up they would not want CLIN to overpay for QP.? It's in the II interest to keep price down. I hadn't considered this angle before. . . .