Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Been following this share , seems to have a lot going for this company , but why is the share price dropping ?
Anyone here watched the video on Proactive , talking to the CEO . One question put to the CEO is that why don't any of the directors buy shares in the company . The reply was " there is a small window to buy shares and since they hold sensitive information they don't want to be seen as insider trading " . Doesn't sound right to me , any thoughts anyone ?
APH88 doesn't know what he is talking about , doesn't make sense at all . APH88 says " If there is one thing markets don’t like it is uncertainty " and " In at 0.48 and holding strong " , well the share price six months ago was o.48p and the Aries court case started a year ago , the share price is now 2.1p which means it has increased by 4 folds , do markets do that when there is uncertainty ?
APH88 legal observations is just dumb
Can you speak in laymen terms, this very baffling, been to website but they don't exactly explain what they do, they just use a lot of terminology, do you even understand it.?
Here is my take on this, it buys life insurance policy's of individuals who for some reason doesn't want it, will continue to pay their premium for the duration of the life policy, and when the policy holder die, alpha growth get paid for the amount insured , if they don't die at the end of the policy then there is a lump that have been accumulating since the policy has started which alpha growth will collect. Am I correct?
Is there any other revenues that alpha growth have that I have not mentioned ?
https://www.msn.com/en-gb/news/uknews/boohoo-founders-launch-covid-19-test-with-results-in-10-minutes-with-94percent-accuracy/ar-BB198EJT?li=BBoPWjQ&ocid=mailsignout
Anything to do with Avacta ?
Does anyone know when the Altalto will start ?
How will Velocys fund Altalto ?
Does TPG have a manufacturing site for their own hydrogen and oxygen productions ?
I believe they said they have built one which proved it works , producing hydrogen and oxygen for the NHS , but I'm wondering if they have their own patents on it or will it be infringing on ITM's or some one else patented devices.
I have been reading their website , it seems like they are " jack of all trades but master of none " . Like to see them concentrate on one or two areas and drive it through , otherwise its finish with one project , then start a totally different project .
If you look at all these big companies they tend to specialise in just one thing .
If I have got this totally wrong please do correct me .
Here is something I found you might like to read .
SAGA PLC – Moody’s downgrades Saga’s corporate family and senior debt ratings to B1; outlook negative
03 July 2020 13:01 .
https://www.moodys.com/research/Moodys-downgrades-Sagas-corporate-family-and-senior-debt-ratings-to--PR_1000003054?cid=
OUTLOOK
The negative outlook reflects the significant uncertainty around the timeline for resuming travel and cruise operations, which is largely dependent on the evolution of the virus and the UK Government's ongoing response thereto. Most immediately, the negative outlook also reflects the risk of Saga's lenders exhibiting less flexibility in the event of the group breaching its debt covenants in 2021, along with the rising risk to its ability to repay or refinance the term loan when it matures in May 2022. These concerns are somewhat alleviated by Saga's strong franchise, as demonstrated by ongoing customer demand for its products and services, and good underlying profitability of its insurance division, which should incentivise lenders' and investors' ongoing support for the group.
FACTORS THAT COULD LEAD TO AN UPGRADE OR DOWNGRADE OF THE RATINGS
Moody's says the rating the following factors would likely lead to a further downgrade of Saga's ratings: (i) indications that suspension of the group's cruise and tour operations will extend into 2021 or of the group being likely to breach its debt covenants, (ii) deterioration in the group's retention of advance customer receipts and increasing strain on liquidity as a result of elevated refunds to customers, (iii) indications that Debt-to-EBITDA leverage (Moody's calculation, including ship debt) will remain above 6x beyond fiscal year-end 2022, (iv) deterioration in profitability of Saga's insurance operations.
Given the negative outlook, there is limited likelihood of an upgrade to Sagas' ratings at this stage, however the rating could be stabilized in the event of Saga being able to resume tour and cruise operations during 2020, or the group taking steps to reduce its leverage. Moody's added that a faster than expected return to profitability of its travel and cruise operations would result in upward pressure on the rating.
I got a quote from Saga , for a family member , for car insurance, they were more expensive than Directline or Aviva by at least £100 . The odd thing was at the beginning of the quote just after entering your name , address and date of birth and maybe car registration number , they would ask if you like the 3 year fixed price quote . Without knowing what the premium is I chose not to go for the 3 year fixed rate , I don't think the 3 year fixed rate will be any cheaper .
Has anyone here tried to get Saga car insurance ? A year ago there was a news paper article about Saga insurance , their customer numbers were dwindling , the reason being the people who are over 50 today are computer savvy , they know
where to go for the best prices . If the new CEO is reading this , you need to be more competitive , just look at directline , their share price have moved up . Does Saga not constrict themselves by offering to those over 50 ? I hope the cruise will start soon , that will really help the share price . Good luck everyone .