Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Hi Chaps. For a few years after the financial crisis I made quite a lot of money from Bank shares but for the last few years I have been elsewhere but I now feel its time to get back in as prices look cheap. Taken a good chunk of Lloyds today so fingers crossed. CV new cases in the UK have risen very slowly so looks like it can be contained. BoE interst rate cut is positive in the short term so feel we could be near the bottom of this SP cycle. All the best everyone.
I bought these shares at £3.20 around 2 years ago and within 12 months they went to £8 based on a growth projectory which never quite happened - lots of sales but not a lot of profit. Shares then dropped accordingly and I was lucky to get out at around £5 so made a bit of cash. I have since bought back in at £2.20 as their profits are ramping up where they were projected to be and can see this stock quickly recovering north of £5. Over the past 6 months they have started to hike their prices and increase profits. This will ultimately reduce costs and help drive a better ROCE which will be great for the share price.
Lovely little update from G4M. Gives a lot of confidence that they are on for a good year. Huge buy late in the afternoon shows that confidence is returning which will hopefully drive the SP back above £5 during the next 6 months. Cheers.
Another £130K buy just gone through....I have read through their results and it loooks like they are going to concentrate on improving margin over the next few months and get everything in place for a great end of year. If this all happens then this could be transformational from a SP perspective. Cheers
Sales up 37%, already addressed warehousing problems, active customers up 53%....all the other figures had already been reported which is why they fell a few months ago. They are building for the future and will hopefully turn a pretty profit this year and get the SP moving again.
Plenty of cash in hand to grow sales and market share. Big plans to generate sales of £150m over the short term and with margins getting better this all looks like a great company to invest in. Should turn blue today and we will then see a steady rise up again.
Not sure what made this drop so much at the bell as there were only a few sells but all buys since. Classic MMs grabbing shares and stop losses being executed automatically. Going back up now as it should be as this was a good update. Let’s finish positive....
In early Jan they posted a 43% rise in sales but said that profit maybe slightly below last years. The words ‘slightly below’ sent the SP crashing but just imagine if next week they say that they have pulled this back and 2019 is back on track - I am assuming everyone will pile in again. I’m holding for £10! Per share which could come next year so glad to be in. Cheers
Year end is March 31st so results out early April. It would be good to see if margins improved in the last 3 months. If they have then back up she goes. This year they should achieve over £100m in sales and will hopefully achieve £3 to £4m profit which should push the SP back over £5.
Letstryagain. There are a thousand companies out there to potentially invest in and boards to chat on but I’m struggling to understand why somone would spend so much time talking about a share which they think is going to fail. It’s the same over on the ADVFN board. It’s so obvious why people are being so gloomy. For instance, I have a lot os shares in G4M so post my thoughts - I don’t have to explain why but I do try to help others who may be looking to invest.