Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
That’s best way. Small punts and if one does not do well, not so much of a lose.
Just glanced at the trades today. wow. cant beat a placing to get the trades flowing.
I personally do not believe RGD will survive this time sadly to say. I don no think Brexit has helped the situation as well on several fronts. Best of luck to you and I do hope you make some money here or at least recoup what you have put in.
Certainly a traded share here. Placing to help the running costs which wsg would still have even if the big contract was signed. The placing is a 3.5% dilution and we are currently in a 14% drop. Time to buy again.
Patience is certainly the key here. Aim is a mine field. STAR bottomed out at 1.2p ish after a few years of dropping due to being a new company setting up, growing and a few placings along the way. If you read back over the RNS’s over the years you can see this company has been run well. But it takes time. The figures are good. Revenues increasing, costs regularly being reduced and it is getting closer and closer to becoming profitable. The company has products that are only going to grow over time as technology grows and as the company is only small is likely at some time to be bought out by a bigger firm. It is possible another placing could happen and I only think that will happen if funds are needed to grow the company expediently which would be a good thing, but otherwise the company does not need too as it has enough funds to carry on as it is for the next year. You can either invest this longer term, knowing that the company is growing and improving the figures, where steps up in the sp is likely to happen until it is ready to fly or you can trade the ups and downs taking smaller but more regular profits. The main thing here for me is STAR is not too far away from profit and funding is secured which means the chart is now going to run in an upward movement as opposed to a downward. Bear in mind also, the company is run by and experienced person, with previous form of starting companies, bringing them to profit and selling them on to bigger firms. The bod have also plenty of their own money in this company. Let the traders and mm have their days knowing that patience will win the day. Gla
Jonjo, you are actually almost entirely correct in your characterisation of pointy p (previously shipmate). Where you are actually wrong is she almost certainly does not have a trade on Tesco or if she does she would of reduced it down to about 0.5 of a point. In the 6 years or so I have known her she has always lost in trading and her account funds will be under £100. I have refrained from commenting for the last 10 months since I left you in Yorkshire due to respect but as you have seen fit to make snide comments, accuse me of hacking your computer, slandering me and worst of all threatening my elderly mother I see fit to make my own comments now. Beware of this person. She is a compulsive liar. Now i will leave it there. Any more abuse from you shippy, and I will take legal action against you to recoup the funds I can prove you owe me, even if it means you have to sell your caravan. Firstly though, I will shut down the iPad you use as it is mine. Bought by me, registered by me but kindly I have let you continuously use it even though you slander me. I will also delete all data from the iPad which includes photos so think twice. Very easy to do via the app, find my iPhone. You have been warned.
Very nice results imo. Forgive me if I state anything wrong as I have only glanced at results so far as I’ve been on a night shift and slept just 3 hours. Revenues are exceeding expectations where I believe I read they expected 1million in revenues in first quarter. (Yes I know it’s interim). Expenses have once again been reduced and further reductions expected. What I liked though was the bank facility secured for $660k and with 178k of cash still left this gives the company enough cash I’m guessing to go a year without any placing. Not any guarantee that a placing may not happen if they need extra for further ramping up or further R&D but very promising. Exciting times to come in the next 6 months I think. Right, back to sleep. I’m guessing Star will end day 3% down. Gla
Hexy, many investors are in the same boat as you in many different companies. I don’t think people realise how long it can take for a company to do well or indeed how many companies fail. Star is doing well, but at the moment it falls short of flying and to do that, it really needs big Investors who will not touch a share unless it gives a decent divi. Have patience and I’m sure you will be rewarded here. The figures add up and the company is run by a seasoned pro.
Cheers nastid and hi.
You can slowly see a build up of carbon free products getting encouraged across the world especially here in the UK. But as everything, it all takes time.
Feel like there must be some news due here soon.
Tempted to get your average down? I wouldn’t do it personally. Too high a risk and there are better shares out there that will give a return without the risk of going belly up. But the choice is yours to make, for better or worse. Gl
Nastid, can you explain a little more on your post please.
Welcome to the board 42trader.
Yes you are quite correct that this is under the radar.
Certainly a good share to get in on as it’s profit making with a healthy bank balance. No debt and the company is growing and paying a divi.
Dropped on profits warning from Angola business which it has written off.
With the rest of the business growing, (Angola did not provide a big profit) I can see this heading back to £1.80 or close to.
Sadly a sea of red in trades though many of them are very small amounts.
The latest RNS is good news but does not help the financials if feedstock is still hard to come by.
The longer HYR goes without increasing feedstock supplies either via a loop contract or conventional methods the more likely the company will fail.
What would be good would be if a bigger company took over HYR that could put more resources into it. The products are way too good to be lost or flogged off for peanuts.
Ahh yeah it is. Pretty large amount for a spreadbet mind. Still 8% up today so I’m guessing something positive coming soon.
Thanks for sharing. My guess but I’d say the broker targets are likely to be upgraded again soon.
Forget those two trades. Did you notice the two £250k previously?
The shares have been swapping for a while now and still rising slowly. Plenty more rise to come imo, slow and steady but more than happy to hold if this can continue and keep the targets of 40% each year. The progressive Divi will make this company very attractive to funds whose main sources of increases always come from dividends. I was just speaking with a fund manager the other week who confirmed to me that history shows dividends are the main source of increases. As well as becoming profit making and dividend paying CTP is reducing debt fast now. All in all CTP is looking very good. Low debt - getting paid off Profit making Divi paying -progressive Growing company
*divi
Chance of a placing is very unlikely especially as they are starting a progressive dive as that would be contradicting.
Hope your day goes as pleasantly as possible Wassatt.