The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
PE ratios are typically applied to the bottom line not the ebitda line. Plus there's the Swiss dividend tax thing ... current iron prices could be generating a very low PE ratio going forward for the time being though?
I didn’t notice the rns until after I had sold a few - agree it’s not material against company performance - I think the price is high-ish - not necessarily topping out - because iron prices are strong etc - but how long for?
Sold 50k @ 3.4p (ish) ... holding 150k ... wot a crock of poo? - south??
Local management only holding local equity may encourage dysfunctional internal competition- games- arguments over use and costs incurred for shared services? - may be it would be better if some of the local equity was converted to group equity? - that could result in control issues though - tricky
Operating in 21 countries with a market capital of £32m - it’s kind of eccentric - they seem to value it strategically as geographic diversification - hope its manageable - local management teams holding minority equity positions in their areas makes sense - a pity the earnings growth is not expected to result in eps growth this year - hopefully this will improve over future years.
For me, aside from the emergence of the dark thing, it's principally about wether or not the acquisition of h-peel has been a successful move? ... the interims suggested quite strongly to me that it has ... and this could eventually fuel a re-rate ... Ntbr has always been quite conservatively priced in my opinion.
Bought 5k @ 68.75p ... thanks Jolly... again
Bought 2k & £1.82 ... thanks Jolly
Bought 50k @ 3p ... holding 200k ... lower??
I probably wasn't about to buy any more anyway... but it makes me feel like standing off from buying ... to be frank I'm not sure what a correct response would be to the possibility / probability? of such a sex offender having a 3%+ stake in the company ... maybe it's not him? ... that sounds like clutching at straws!
Have you googled that name?
Bought 50k @ a little under 3.45p each ... holding 150k ... not feeling super clever
Bought 50k @ just under 4p each ... holding 100k ... um it's a little bit scary isn't it :-D
Sold 450k ... holding 50k ... was a bit tricky to sell prices got averaged 5.4p at a guess ... felt a bit panicky after reading the update