Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
The Angus BOD are proving to be very slippery- first we have a dubious share sale by a Director and now a placing which was leaked on Twitter prior in advance of the RBS P!ss poor
Stores are certainly a lot busier so this seems like a justified balance. We just need clarity on the data breach and a decent Black Friday performance
Very interesting sell Nipt buy Angle
Seems Currys systems are in crisis- stores haven’t been able to process customer orders for tge last 2 days.
Yes £28 million in the bank becomes minus £10 million overnight and perhaps that’s just for starters - who knows what other horrors are hidden in the accounts. It’s incredulous that the BOD didn’t see this until HM Revenue called time It’s also suspicious that only one person orchestrated the fraud At least the Sunday papers will have a decent story to write about when it unravels Another Conviviality- I wasn’t in this either but it makes you wonder whose next - it’s a sad day when investors are hit with these frauds and I hope those responsible are punished to the full extent of the law But I somehow doubt it
The auditors should be sued
Apparently the FD wanted to have his cake and eat it
This announcement takes the biscuit
But looks good value
‘The boy who cried wolf’
We expect other licence agreements to follow - but how long ? The truck manufacturer eveluation is taking s long time
This will bounce but could sink lower to £140 first, Baldock is starting to make his mark. Regional managers streamlined, swathes of middle managers gone. Staff have been issued with Ipads to check stock and will be taking payments on them soon. A welcome upgrade to Currys creaking IT systems. Expect to significant changes in mobile too,
And there’s the automotive contract to be signed - but prestigious customers like Apple help me keep the faith
Due in a month's time just after this goes ex dividend. I topped up during the slump and may offload but I'm waiting for the next update to see if the tide is turning
https://www.davidsmythe.org/professional/press%20reports%20aug2014%20combined.pdf
Shorting is also risky - IQE might fall victim to a predator or new advances in technology might accelerate VCEL demand WM Morrison was heavily shorted until recently but it’s fortunes have bounced and the same could be for IQE All the noise about holes in the accounts came to nothing and IQE is now profitable with cash in the bank and a growing order book
Short are we?
Typical dodgy AIM company and to think creepy Christopher Eggleton was on 5K a week - how many more years will it be before any value is raised for Crete? - he’s in no hurry and will continue to milk shareholders until there’s just a few crumbs IMO Barge pole stock
Yes but the store closures and Tesco concessions will offset some of the lost sales, and by next year the new web sales strategy will be bearing fruit
Another II on board