Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Clearly the defence division has a lot of potential. But surely the garage and branding division must have even more - how many garages are going to have to be re-purposed to accommodate EVs in the next few years. I think I'll hold a lot longer and perhaps buy some more if the sp drops.
I agreed with all your numbers except the yield c 10% - I thought that was a little misleading.
IMO Michael won't increase the divi by more than 20% so I reckon 12-13 p for the full year giving a yield of c 3 - 4% with a share price of around £4.
I think MSI is a great little company with forward looking management. I am curious though (and always have been) as to what will happen when he retires - will it stay in the family or be sold off?
2021 was a crap year - so 3x crap = not so crap. I suspect that marketing costs will be significantly higher and dwarf most of the increase in revenue. I am a holder but think that any sp recovery is still some way off.
Nearly 4K of those shares were mine. I had re-read the annual report and it came over as being very bullish - all divisions doing well with great prospects. The icing on the cake will be US approval of the defence equipment - could come at any time (or not as the case may be).
I can't believe that ARA are the slightest bit interested in Malcy. Private companies don't have to bother about keeping PIs happy! And AEX won't be able to release info without ARA's blessing. (all IMO naturally)
I think that we are going to have to wait for the penny to drop on a couple of things before orders start rolling in.
1) Lateral flow tests take 30 minutes to give a result
2) COVID passports and test result certificates can be faked
When that is understood the case for an on the spot few seconds result in my mind becomes compelling