The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
The Directors need to make some positive noise and show some leadership here, all i can say is there is alot of value here and the future is very good. Many shares havent even started an income stream yet and are trading at higher multiples than this. The P\B is around 0.08 Warren Buffett would have a heart attack if he saw that value with income.
Sorta - the problem is that the company dont seem to be very good with PR either. That 29th Dec statement was clearly written a month before as it made no mention of the present rise in Zinc prices, which will have a huge effect on the earning numbers in 2016.
The deramping on this across the gambling boards is violent, i am trying to calm things and tell people that their remaining 10% could bring in 600k maybe 700k per month in 2016 and probably will. Many shares at many more times multiples dont earn that. Just comparing afew shares and their valuationa are laughable and yet people still keep buying following the sheeples dream.
cont... ´The Board believes that the Company's, albeit reduced, ongoing interest in KRP is a valuable long term asset. If the zinc price returns to the level seen over the past four years, it could provide a regular cashflow that could be used for the generation of new projects and to cover overheads.´
sorta - Yes, thats the element of maybe, could be, might be. But my point, not directed at anyone specifically but generally, was that the remaining 10% stake has value rehardless of funding.
Worth more than 3p more like 7p plus based on P\B valuations. Zinc Price $1600, 50,000 tonnes per annum. 10% stake = 8 million pa. No ones taking it into account because they dont understand it or want to, they just read the tip sheets and hope for the best.
Multibagger...at current valuations.
They fired in a gang ;)
Its just Black or White to kids isnt it, i remember those days.
Esm - explain the principle of them getting the stock back cheaper and then marking it up (higher) later for re-sale? does that happen? and do they make any money on that?
Show me some other shares like that and i´ll show you a pig that can fly.
Some companies are making nothing, trading on very high multiples P|B ratios with no value or turnover and are much higher than this. People need to get real, the MMs are buying the stock because they know the value. Sellers are now selling 1 poind coins for 10 pence, that is the reality.
Hes still learning and yet he has a high opinion of whats going on. Where do the MMs find these bods.
There are loads of idiots who are clever after the event on here. I am sure they work for the MMs.
I dont think so at all, if they are getting an income from their 10% stake that could be very lucrative. Zinc now around $1600, that would equat to $8 million a year for their stake in layman terms, thats $600k per month with no debt and thats now, not if Zinc prices increase further as they are predicted to.
now showing unbelievable value. People selling 1 pound coins for 10p
Why are you here?
Oh, a deramper has arrived.
AIM market is slightly down aswell, not helping. All markets slightly down.
And if it goes to $2000 per tonne that could be 100 million pa. thats 10 million pa. with their 10% and so on.