Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Someone lumped £6 mil in one atm order this morning. Being a round number, in normal trading hours, suggests a buy/add rather than a 'sell'. Obvsly can't tell for sure, it's a guess. But adds like that suggests a bottom. Which the squiggles on the chart also suggests we're in or approaching, certainly don't want it falling past the 420 range.
I think if you believe in the company at all its certainly in a sweet spot to be buying.
I'm yet to be convinced, but i like the set up.
So many conflicting stories popping up over the last few days. M&S withholding a 197m fee? Yeah sure, as you do...? Somehow the market has reacted more negatively on Ocado than M&S for that, whereas the reasons behind it should equal bearish on M&S, if theyre struggling to either find the cash to pay it, or, the reasons they've literally given, that targets weren't met. Shrug.
Getting into the nuts n bolts of it, continued strong growth is expected in their robotics arm, which lets face it, is why anyone is invested in this companny. If you wanted solid UK based, boring but steady retail, youd be in Tesco. If these expectations are met, and obvsly the all important guidance is there, then this will get bid straight back up imo.
(Im not invested and have been waiting for an opportunity just like this one, to add a chunk of pf into this company)
Maybe let it make its way back to 8's first?
This is a go with my gut, not crunching any numbers here like i did with Rentokil and JDW.
Solid company, they' ve weathered the storm well so far, on the face of it. High street sales undoubtedly helped by the competition falling away, kind of easy to be the busiest clothes shop on the high steet when you're the only one eh.
But i think the same reasons those other stores have fallen away will catch up with Next eventually.
They are also going on a bit of a spending spree. Theres a lot of old men in retail still, the bargain hunters, the mike ashleys. These companys are cheap for a reason. They should be saving their money for buybacks to shore up the SP through the coming years, cuz the storms not over yet.
Don't get me wrong, they won't be going bankrupt any time soon, even if their numbers are suspiciously good. But a high street retailer SP at ath's going into a recession?
A healthy correction is in order.
So earnings were great, strong growth where is matters in the U.S.
So, why the dump?
Another post saying its Disney jumping into the space, but that should, and will imo, be a positive effect on the industry.
I think it was the confirmation of a US listing, which i suppose acts like a dillution, if not technically. Long term a us listing will push the SP higher, greater liquidity and more exposure to the growing hype on us sports betting.
Not sure what else it could be, as the guidance was fine also.
Nope. Sticking to my guns on this one, always prepared to eat some sht, and was well aware when opening a short with these sort of fugazi companies the SP very rarely matches the health of the company. High risk for sure, stops are set.
However, good op to add to the short position off this trading update as eoy, try as the might, they will find it hard to hide the ebit numbers or, specifically with this company, their D/E ratio, which the market will react most to imo.
Sales up 11% when your prices have increased 15% means your sales arent up. Companies like using the LFL sale figures, cus it can mean whatever they want it to. Industry food and beverage cost inflation is at 20% btw.
"We didn't sell those pubs cuz we needed the cash to pay our debts, honest, we just thought the pubs were too close to each other"
So yes, eating a bit right now, but holding. High risk for sure, as aslong as he can keep the core shareholders happy they won't budge. But they might do when the figures don't match the rhetoric.
Also, the ftse up off the back of the banks, plus being down for 3 days, gave this an extra kick. My only decision now is to add to the short rn, or wait til eod tomor. Might miss a golden op depending on u.s core cpi.
For now i'll take the abuse.
Where to start. They are a great example of a fugazi company, they never need to be profitable, aslong as they keep attracting that investment via growth. Except, when no real growth means that investment tap gets turned off, the SP goes to zero.
Margins crushed. Trade slowing. Minimum wage up 10%. They can't pass their cost increases on fast enough. Trying to sell higher to less customers, hows that gonna go i wonder, on a model designed around the opposite. They have 30 plus sites that they can't sell, but still have to pay the debt on. Everythings hit them at once.
One plus is their accounting. They bump stuff around to try make the balance sheet not look like the steaming pile of excrement it actually is. I'm sure they will try and push their debt out, again, but i'm gonna predict that their lenders may have a few revisions to make. Every site gets a 30/40% haircut, and at the same time we will increase your rate. Hows that sound? Cash flow then becomes a problem. So, only one option, dillution.
Owned for many years. Hold.
A while back, last year i think, there were rumours of Amazon starting to expand into the Uk, Halfords were mentioned in those conversations as a potential buy out. Since then looks like Amazon have put the brakes on their supermarkets, and any other splurge into UK retail. Can't think why.... Anyway, the same conversations were had with last weeks ocado rumours, which again seem to be a duff. Likely, with Ocado, this is wishful thinking, with every uk retailer getting bundled into the 'what if amazon buys it out' basket. I also can't see any big investor putting anything on table now, esp into the retail space, when they are guaranteed a significant discount in the coming years.
IF, and a big if, Halfords can weather this retail and CRE bomb that will significantly dessimate the sector in the coming years, they will come out in an extremely strong position. As with every retailer atm, its survival of the fittest.
For now i'm happy for it to sit in the long pf, doing very little.
For transparency i've been an investor if AFC energy since 2016, rarely use these boards, the reactions here a good example why.
The reason i posted is because there seems to be differing information wether Abramovic still owns shares, indirectly or not. There's a few recent articles stating he still owns a percentage of the company, altho i was under the impression he sold much of his stake after his visa troubles years ago.
I do not know the details, which is why i'm fishing for info on here.
Particularly one Russian, Mr Abrahmovic. Is he still a significant shareholder? May move the price the wrong way if he has to liquidate. Can't find any recent info on significant shareholders.
Obvsly long term, this russian bs will help the company.
Despite the direct and indirect good news, it's not unreasonable for buyers to be holding off with everything thats happening in the U.S. Once it settles (in either direction) i think the SP here will start moving up, anything around this is a good price going forward.
Share price can't seem to find a bottom atm, the fundamentals weren't changed massively with only slightly lowered guidance, seems like a huge overreaction?
If they weren't themselves contantly adding, i would put these in buyout territory, with U.S firms seemingly desperate to get hold of anything they can. Either way, SP is dirt cheap rn, way under its 2y MA.
I've added today, too much potential to pass on.
So Bab****s Cavendish Nuclear will be a player in the imminent roll out of SMR's as part of the UKs 2050 green energy target. However, i can't find any decent articles online detailing exactly how much a part they will play and subsequently how big a piece of the pie Bab**** will get, if any. Rolls Royce have moved up big on this expected news as much as their other deals over the last month.
Still a lot of risk in bab**** imo. Their debt levels here, plus the obvious risk of dillution. 'Too big to fail' no. Too tied in to uk defence contracts, maybe. But they could always just split off parts, Cavendish included. How much of that is priced tho. It's tempting at these levels.
Time for some steady growth here imo.
Luxury brands shook covid off quicker than the rest, theyre not weighed down by high street fluctuations and less effected by supply chain worries. Mulberry have their foot firmly wedged in asias increasing demand for luxury western goods, and have recently ticked the environmental sustainability box.
Bit of mystery that nothing significant has happened since mike ashley swooped in, no partnerships or restructures. Maybe, waiting for a buy out, but they certainly don't need one atm. Decline in revs is marginal taking out 2020, recent quarters look promising.
Chart has it pretty much on its 3, 2, 1 and 6 month ma.
For a luxury name with such a low market cap, who's majority is held by insiders, i like the r/r here, if not only for the potential for a buy out.