Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
http://otp.investis.com/clients/uk/pace/rns/regulatory-story.aspx?cid=541&newsid=450561
http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12108539.html
I think BG are in a lot better shape internally now that they were. Onwards and upwards now the management team are have been refreshed and appear to be shaping the business for growth again.
Interesting to see Blackrock just increased their position.... http://otp.investis.com/clients/uk/pace/rns/regulatory-story.aspx?cid=541&newsid=449277
Appears to be sentiment driven off the back of CFO departure. I jumped out at 313p but am watching closely. Fundamentals appear strong assuming no elephants in the room and their market space looks positive for the next 18-24 months.
This looks very cool: http://www.prweb.com/releases/2014/09/prweb12150123.htm
All appears to be pretty quiet after June/July Activity. Results should show further improvement with liquidity and reduction in dept. Looks good but IMHO drifting due to volume or lack of. Good luck all DYOR.
Short activity: http://shorttracker.co.uk/company/GB0006672785/all
Linkedin update for Roddy Murray: https://www.linkedin.com/in/roddymurray124
Looks like the institutional guys are filling their boots at these levels: http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail.html?announcementId=12042785
Positive article by Motley Fool (22nd July '14) which highlights how Pace are really well positioned. http://www.fool.co.uk/investing/2014/07/22/why-arm-holdings-plc-may-not-be-the-uks-best-technology-investment/
Also topped up at 305. Fundamentals still strong and recent webinars underwrite this IMHO. Might be some turbulence through August due to market jitters and low volume but very positive as we get into later part of year. GLA DYOR
Oversold I think. Boardroom issues aren't uncommon and the fundamentals still remain the same. Timing could have been better but best to get these things out the way in my view. Interesting to note Mr Murray bought ~30k vol shares a couple of months ago for ~£350p. The interim CFO looks capable given associated linkedin profile.
The CFO's shock departure appears to be causing short term uncertainty. A press release with more information would be useful given Mr Murray's recent stock purchase: 06-May-14 Buy Price: 349.9GBX Vol. 30,000. At the end of the day people move on for many reasons: https://www.linkedin.com/in/roddymurray124 Good luck all as I am sitting tight. DYOR.
Great set of results. http://www.pace.com/Documents/Investors/interim_statement_2014.pdf Should see us back well above £4 shortly. Share price moving around at the moment probably due to trading of small cycles. Good times ahead and ignore market shenanigans. DYOR
STB figures look strong. US/Canada demand should continue to be strong for quite sometime with regards to traditional STB equipment. The IP network broadband connected market will continue to grow but its interesting to note that when outside population centers IP network speeds drop considerably on phone circuits making cable/dish the only option for TV. In my view Pace are in an excellent position to service both these markets and Aurora further reinforces their position. Good luck all. DYOR.