The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
...but no-one seems to care!
Hi Nom - as no-one else seems to come here!
Big trades today - look like buys to me. Fingers crossed the tide has turned!
Hi Nom
I bought in recently. I felt it had already tanked - too far. The trading update gave me that comfort to buy in now and I like the LT prospects. Time will tell if that was the right decision!
ATB
Hi ctw. At least we made the right decision (eventually)! ATB
Like it. Take care sir - try not to overstretch!
Ha ha. No - it doesn't change from it's basic property of absorbing different parts of the natural light spectrum though - that's the working defn of colour of an object. It's different to the debate about sound when a tree falls in the forest because there is different opinions on the defn. The cat in the box discussion didn't include a possibility of the cat changing colour :) have a good weekend pal.
I thought it was obvious... emitting infrared waves doesn't mean something is red as you seemed to be implying. Stick to biology perhaps. ;)ATB and apologies if I misunderstood your post but I like to get the Physics right!
Hi Inan, A bird is red because of the light reflected from it (reflected dominant waves vs absorbed) so not sure you can really say in the absence of light reflected upon it.... It's not a tree in the woods thing. I'm not sure infrared has anything to do with it - or were you being diverting?
Best
Hi ctw. I sold out a few weeks back. Coal price predictions not looking pretty.
Hi Volcano Seems to be sneaking up - fingers crossed it continues
I've gone back in more meaningfully as it seems that the falling knife has finally stuck - I hope! GL all
Today bouncing back strongly. Very odd!
Hi Notsure His predecessor was on about 100k with bonus I think, which might be less than you expected? It will say in next year's accounts
I should clarify that - a positive RNS in the context of problems and what's happened to the share price over the past year+. Speculative buy!
I should clarify that - a positive RNS in the context of problems and what's happened to the share price over the past year+. Speculative buy!
Hi all. A positive RNS IMVHO, so I'm back in.
Thanks very much for that ctw - good to know
Hi Andy. I'm no expert but I think the issue might be related to the delayed payments. If you go to the 2016 OPG accounts (on their website) and look at page 66 and look at trade receivables; there are £56.7m in total of which £25.5m over 180 days. Perhaps this is what has caused the selling and the change in Shore Capital rating. I do note that none of the trade receivables are shown as "impaired" but the figures are a bit concerning imvho. I continue to hold but won't add until that is resolved.
Total- I did note that Shore Capital had changed their rating to "hold" - so there is something we may be missing, perhaps surrounding this issue? At least it's not a sell rating so I'll continue to hold - but will avoid the temptation to buy any more , for now.... ATB
Hi Total It did say "as previously reported" in the RNS, but I can't recall seeing it and I couldn't see it in the 2016 accounts. I would like to see some chunky director buys once they are able. I'm still holding - time will tell if we are right!