Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
F-----g yanks again, every time we have a decent day, they scupper it.
That's really helpful wealthtransfer, will be closely looking at that in future accounts.
One last question for now, maybe a silly one!
If there is ever an increase in goodwill / future value / headroom as you explained above, are they likely to headline that / state it fairly early on in the results bullet point summary, or will be recorded in the relevant section further down ?
Wealthtransfer
I just skimmed that section 9 from the FY22 accounts, couldn't quite grasp where the headline valuations based on future business / revenues are stated.
There was a small table showing an increase in NA value and a decrease in Alsa ( probably considering the Alsa impairment).
If you don't mind will ask you again about this when the FY23 is finally released ?
Thank you for that pointer
The problem I'm having here wealthtransfer is any guidance for this year can't really be accepted by both investors and the market.
No doubt they will guide on Ebitda and hopefully will be underestimate this time round and will be better than 160-175, subject to a really poor start to the year which is always possible here!
Are you not expecting an impairment for Germany or is that more or less the onerous contract provisions ?
When your average is high teens / 20 ish, buying at low 12s / 13s really makes little difference to me , unless you're just in for a trade.
If he turns this around and a majority of the cost efficiencies turn into positive free cashflow from next year, 12, 13, 15 will all be good entries.
If he doesn't then long term holders will get wiped out .
Imo this guy has to be given at least 18 months until HY25.
Just look at US markets tonight, to think they caused the sell off in Europe today. Frustrating to say the least.
Oh well, Monday week is the second half of April, so not long now for either more disappointment or some long overdue stability maybe.
Nofear
Incredible how some rogue fed official makes comments that tank European markets, only for US futures to be up so far today.
Pathetic really. Let's pray and hope the non farm payrolls do not turn the US red and bring us all down further. If not we could see a recovery later on.