Member Info for jollyspeculator

v cheap..may get cheaper of course

but only on 13k free carry..and u?

probably but too significant ...they need better inventory management...may need to scale back working, get their folk on to more flexible working contracts, improve distribution (esp their retail...which looks promising)...deconstruct their business...and identify clear value added, branding, marketing.. ...I sense plenty of deadwood and scope for cost cutting plus margin expansion, and so management looks totally underwhelming ...if I still ran pe i would be keen to buy this at say £1 and 2 or 3x money in short order...or buy a significant stake and change/control new management... or if I had the knowhow to gain effective control while still listed (like JM Hambros??)

so bought 2k more@75.75p

wd be a fine thing

stopping this fall sub 70p ...for now lol

may well test 130 ...but EV of US$50-60m looks too low ...down towards £1 it would steal of 2016 imv ...hoovering over buy button lol

but likely to surge towards £1 ..profit is profit

yes...good chance it will ...iron ore prices don't feel as though they have bottomed given headwinds on demand and sticky supply...but I am not an expert and don't have any high quality insight / info re the higher end of the iron ore cash operating cost curve: their operators/ownership/deep pockets etc etc

@1677...increasingly nervous that this is bottoming ahead of closures

reckon a long way off...but rio sp has been v resilient c16 so feel compelled to start to build my stake (I am mightily cash rich, so hedging my bearish stance)

inventory levels are a concern..and management ...it would be an excellent pe target, but will it happen? ..look to max out sub 70p

free carry @168...now hold 3k

why wd u?

my fav ftse...yes in...and looking to build £30-50k position

somewhere here...25-30p..imv ...bought back a few this morning...effectively free carry

inflation muted & ftse still in early stages of bear..so cash emperor

all time high of course ...and now nearly 40% discount to buy As...which is at extreme historically

didn't want to...and miss 0.25p to boot ...torn in this market between confidence that s&p will eventually drag everything lower...and confidence in redt's medium term prospects

..impressed by rio sp's resilience ...perhaps is bottoming despite iron ore looking vulnerable to further weakness??