Our latest Investing Matters Podcast episode with QuotedData's Edward Marten has just been released. Listen here.
Investors out there, much smarter and more savvy than I am, who will pile in here in a few weeks time, receive the news about TK sign off, and see their funds significantly increase. I feel so sorry for them. They will have had none of the journey, none of the headache and heartache, none of the angst over soon-dashed false dawns, nor endured the addictive hope of clinging to the leaden liferafts thrown to us by Cap'n Harry Ahab. As a result they will not appreciate the success like we will!
Looking at the short summary of Directors’ dealings shown on these LSE pages and can’t see Lorna having purchased, even in the placings. I understand she can’t buy now while results awaited, and probs in run up to Tai3 and other closed periods too, but I am surprised she has not taken advantage of a quiet time in past years even if she may have other routes in to share increased sp in due course.
What does the latest RNS mean? Had they set up a death spiral, triggered it, and are now stepping back from it? If so, that ought to be a welcome show of self-confidence. Even if setting it up was a bit lame and very expensive.
I am one of the host of medium term Kefi ‘submariners’ and have enjoyed this morning’s rise as a very good sign that we might finally be starting the long awaited multibag delivery. I have also been resculpting my portfolio and have sold some other dross to focus on this and He1.
Fwiw, Saudi and Ethiopia joined BRICS on 1 Jan (together with UAE, Iran and Egypt) so there could be more development money made available for nation-boosting projects such as gold mining. Even with Russia and China in the mix there will be a flurry of activity and a scramble for increased financial respectability.
Answering my own question here. I think the new energy cap and better regime from the regulator and the prospect of fractionally lower interest rates in the spring (rather than higher) all mean a realistic target of 140 by end Feb. Suits me!
Cos it so ain’t the sp! Down 40% in 6 months? What has caused the drop and why does a director think a paltry £5k investment is going to demonstrate sufficient solidarity to turn it all round? Is this a jump ship now warning, or a great time to average down?
...I'll ask the question the remaining 4 members of this Board are dying to ask: why the recent rise? I notice we had a very similar increase at the end of Aug/start of Sept, so should I be saving up to go large over Halloween? Scary thought and perhaps there is a more considered financial reason(s) for this welcome increase.
The AGM has to be held in June I believe as per corporate regulations. And shareholders have to vote for acceptance (or not!) of the Umbrella Agreement and subsequent details and implications. But if those details are not clear by the time of the AGM, then it will go ahead anyway without that vote on the agenda and here will have to be an EGM at a later date. Let’s hope it can all be clarified swiftly enough to sort in June.
This is welcome news and confirms the coherent thinking behind MHC direction of travel. However, it needs to have a good run upwards over quite some time so I can recover from my poor entry timing.
Chief - good morning. I concur with your reading.
"The further studies are expected to take an additional three to four months, and would run from November 2023 through to Q1 2024. Any additional benefits identified from these studies would enable Croda/Sederma to add to the commercial opportunity for SkinBiotix as an active ingredient and could lead to enhanced claims and therefore a higher price point in market. Any licensed products resulting from the agreement with SkinBioTherapeutics will be sold to Croda's global portfolio of Personal Care customers. SkinBioTherapeutics will be paid tiered royalties based on global sales revenues on any licensed products derived from the partnership."
Croda must be confident there is someting extra in there to allow higher market prices of the final products, but the extra time will kick the income stream down the road. But we will benefit from market expectation of higher income before that, and there is plenty of other potential from the other parts of the portfolio to support and grow the sp in the rest of 2023-24.
It is more interesting than I had expected (!) - I clearly need to get out more. This session of the Forum is approx 30 mins long and useful background for all us Bulletin Board warriors. The takeaways for me were:
1. Brian Hosking and two other speakers were agreed (approx 9hrs 25 onwards) that the development of the Saudi stockmarket to create places for Junior miners would unlock an awful lot of cash to support those enterprises. Of course it is for the SA stock exchange gurus, not the Juniors themselves, to make it happen.
2. There were plenty of references to the long timescales (decades) involved in the whole mining chain anywhere in the world and therefore the long time to make returns.
3. They were fulsome in their praise for the shareholders who are currently paying for the exploration! Well done us!
4. The Saudi enthusiasm for exploring mineral extraction and the associated regulatory envelope was welcomed.
5. I also thought that Brian put in a strong showing and he seems both informed and passionate. Let's hope his aspirations are followed through.
Timing is everything. The Future Minerals Forum is being held in Riyadh this week and is hugely well attended by the miners with interests or aspirations in Middle East and North Africa. Crucially it is also kicked off at Ministerial level, so getting this - now quantifiable - nugget of good news into the open will have been a priority for Kefi. It will be noticed, it will be discussed, there will be speculation about what it means and where it leads. For example , it might be considered that it brings a SA listing 16% closer. Let's see.
https://english.newstracklive.com/ampnews/minister-hopes-to-secure-investment-from-international-companies-at-important-summit-sc18-nu355-ta355-1263971-1.html