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You can use whatever tool you like to judge. I don t give a buck. Your excuses are simply pathetic as they don t withstand with the objective fact that the dividend was absolutely covered (even more important the net debt slightly decreased over 5 y period) and UNLESS shortfall in revenues, it ll be also in the next couple of years. This conversation is useless, as same as your previous posts where you were saying nothing relevant. Now if you have something to say about IMB strategies and products value I am here to read. The rest is like making up phylosophy on whether angels are male or female LOL
It s falling because in models there are EXPECTATIONS. Are you gonna be able to keep on generating same results ? The market doesn t believe it. That's all. I trust on management and on the simple but so strong FACT that in difficult times, and during a reshaping business phase, it's achieving that kind of reults. Only time ll reveal the truth. Cheers
Daaaaamn !!!! You made me lose 10 minutes to read all that crap which is conceptually wrong on different points, but the most serious mistake you do is not adding amort/depr. Man, man....if you argue about the fact that dividend is not covered ....you ve got some problem with numbers and accounting. I don t have the time to answer you on each point BUT, the dividend cover ratio it s quite useless. What you wanna look at is the FREE CASH FLOW/DIVIDEND RATIO. MORON! Take care
keep in mind that markets are NOT always rational. Dividend, unless surprises, is absolutely covered. I agree too that it would have been cheap at 27£. When this situations happen 2 are the possible outcomes: 1) It ll suddenly recover . 2) There will be bad news in earnings releases. In this case we're totally wrong on our price target.
Let's be patient and see what happens. I could think from numbers and past history, that this is a 50£ stock. Probably I m saying some heresy
Down to the hell unfortunately. Sector heavily in crisis. 1£ per share in 12 months.
you re right. Pardon me. I read many things during the day and I confused chairman with ceo. Despite that it doesn't change what I mainly think about this story.
2 reasons why: 1) We don't know something that others know (that would be concerning); 2) Market is expecting that revenues will tumble big.
What I ve learnt in many many years of investing is that buying at the right price is almost important as to WHEN to buy. Unless quick and big reversals up to 24-25-26£ , I definitely got wrong the timing. In any case if it ll stay at current prices or even lower, I'll add more in 8-9 months.
Numbers you look at are past. They are burning like the hell. Highly concerned
You ve not seen yet the worst. It'll go below 1£. Then it might be interesting IF, and I say IF, the management does something appropriate. True intrinsic value already no more than 1,5-1,7£. Add 1 year of turmoil after brexit, you ll get easily down to 1£. At that point you can bet, and still risks would be on.
going to 1£. There s never only 1 cockroach in the kitchen.
Sell like never before.. It ll see 3,2£ in less than 12 months
Indeed when the sentiment is negative you just gotta wait. Management seemed positive, so hope there are not going to be bad surprises. Considering that an important part of the business is in decline, numbers reported were awesome. They just have to work hard launch new e-products
I definetely remember that. Bought in the first round at 10£ per share. Stock went down quite at 2£ per share, added in the second round at 4,03£. Tripled the money of the second round in less than 1 year. Made more or less 20% over a bit more than 2 years on money of the first round. Sold everything at around 12. Stock continued going higher. Big regret in that moment, I didn t build a stake in glencore. I was restrained by the fact that there were voices about delisting. Damn it. I was so tempted to buy at around 1£
Very Very interesting. When there is negative sentiment you can do nothing. Just be patient and enjoy the dividend. I personally hope that I ll be able to buy more in the new year at even a lower price. Can t do it now as I gotta manage my pf risk
Because I don't like to see big guys slaughtering sheeps. You are indeed free to do not believe me
and by the way, what you re saying is not correct as for one stock I am suggesting 1£ per share not 3£
Wao this is the democratic spirit that you have. Well done. You don't want to listen to different ideas from yours. Not a sign of cleverness
Revenues mean nothing without profitability. I never forecast the future when I buy a stock. I just think if the price is fair given that, that and that. Many of you miss the point that with brexit, UK will lose couple of gdp points. Many domestic businesses will be impacted in the short term. There will be some kind of downturn. I don't think harsh but there will be. SAID that, a new ceo is coming in....she will change many things and you ll see what happens... When a new ceo comes in, it makes emerge all the cockroaches hidden. Many of you cited 6£-7£ .... that was a price conceivable 1 year ago.... given that improving expectations would have become reality.
Happy you are so sure. I was not trying to convince you.....indeed an open confrontation is always useful. I ll write again in couple of months when the stock ll be constantly below 2£
at 3.30£??? :O Ok I understand. Just want to point out that already this year the FCF was negative because of negative working capital impact... BUT...if you add up the 230 mln, you would get just 170 mln ...a multiple of 10, and you get 1,7£ per share. Now, you have a shrinking economy and an important part of the business deteriorating.....all the investment to be made are a bet. IF they ll work out maybe in 3-4 years you ll see again 3-4£. IF ....but a wise investor wouldn't pay more than 100p a boat ready to get water on board