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Interesting to see Simply Wall Streets assessment of Shanta Gold and the valuation they place on the share price ...They seem to think the share price is undervalued by over 94 % and fair value for the Shanta Gold share price should be around 216 pence ....It's sounds like the Share Price should be rerated at some point ..!!!!
Thanks for your reply. .. .it was only a light hearted observation on the messages ..for the long term loyal investor I suppose a few poor days with the share price has no meaning ...it all depends on timescales of course and what position size a shareholder has with Lloyd's ...
What puzzles me ...if I was reading many other message boards where the share price is putting in an abysmal preformance ...the loyal investors would be throwing brickbats at the company or board etc. Many of the messages do not seem to show any concern for this situation regarding Lloyd's ....It must be that loyalty to the company or the dividend payment every 6 months etc is of greater importance..
Oh I am not saying the U K economy is without it's issues/ problems but usually economic growth is the yardstick used to work out if an economy is expanding or in decline ...the UK is ranked around number 5 or 6 which is even more impressive when you think USA / Japan / China
Germany have much larger populations ...
U K has been in economic decline since the 1960s ... simply not true since the 1820s if you minus the ups and downs of the British economy the average growth over this very long period of time maybe around 2% per year ...not spectacular but definitely not a country in decline ...
Simply Wall Street think that fair value for Lloyds should be around ..£1.11 pence ..which just goes to show how sentiment for any share can be completely out of kilter with the real value ...Just look at what happens to the value of a company share price when a takeover offer appears on the horizon .. !!!!.
There is a lot of gloom and doom on the message board ...and admittedly going forward there is a lot of uncertainty ...but sometimes people / investors are overly influenced by the bad news and do not pick up on any positive news ...For example despite the bad Geo Political news over the last month ..the U K economy preformed much better than expected in March with the S and P Global / CIPS UK Services sector accounting for 80% off the economy bar retail showed business activity rising at its fastest rate for 10 months ..Some off the more recent have had to be revised upwards which shows that basically the UK economy is strong despite the headwinds...
Just wondered if anyone knew how far along the path Taylor Wimpey are with their share buyback ?? ..One third maybe ???...I know no investor likes to see the share price fall but from Taylor Wimpeys point of view it makes more sense to be doing the share buy back at a lower level as they will be scooping up many more shares for the same money which should make them less vulnerable to a future major shard price drop ....
Mr Thriller ...when you say Poly International I am assuming you mean Polymetal International ...I did consider this myself but found out that most of its revenue comes from selling Gold to Russian banks which is essential for the Russias ongoing war with the Ukraine ...Its not for me to tell you or other potential investors / traders what to do with their money ( I class myself as a swing trader )... but when I hear that pregnant woman have been killed from the Russian shelling of civilian hospitals the idea I could be making money from an indirect connection to this conflict just makes me feel mentally sick .......Otherwise here is hoping for a better week next to all short and long term Taylor Wimpy Shareholders...
In the 17 the century there was Tulipmania...now in the 21st century there is Taylormania .. Despite the long passage time the name of the event does not change very much .. people do not change very much ...the herd rush to buy in and then rush to sell back out again !!!
A trader who has his own YouTube channel and tracks a multitude of shares in different sectors in the USA said sectors that had been doing well such as technology etc ..have been declining recently while one sector that had been preforming poorly since the pandemic ..the energy sector was now the best sector to be in over the other side of the pond ....He also mentioned some small cap oil stocks were starting to have very big rises in their share values .... Hopefully we have started to repeat the same pattern in the UK and Mosman will follow suit with a big increase in the value of the share price...
I was listening to an energy analyst on Kitco yesterday and he mentioned that the big cap energy companies will be making insane amounts of money at the moment because of the high prices of oil and gas but it is not yet reflected in their valuations .. ...I would think the same principle would apply to small cap producing companies such as Mosman but in relation to size of the company off course.. Hopefully with near future financial statements forthcoming showing a major improvement...this should bring a big uplift to the share price ....
The price of oil is the spot price of a barrel of benchmark crude oil ( 159 litres ) such as West Texas Crude Etc...Agreed the B O E is the burning of that energy contained within the same barrel ( 159 litres ) ...However .basically I could say if I had one barrel of WTI Crude and I burnt the energy inside I had burnt $120 dollars worth . ..It's still $120 dollars the value of the BOE even tough it does refer to it's energy ....
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Perhaps I should have made it more clear I was only referring to.. Revenue or Gross Sales ..as that is normally a headline figure used before operation cost etc.is taken off .....but I do not wish to post anything that is not accurate so am happy to be corrected if I am wrong ..................
...The bit I am confused by ...you are saying in one line the BOE is ...NOT 120 ....then a little below you say oil ..IS 120 ...in simple layman's terms what would you state that is the current price of WTI Crude Oil as b o e p d ????
Just wondered if this sounds about right or I have made some sort of error on production figures quoted in US dollars ... Mosmans current average gross daily production was 164 boepd + Winters 2 = 24 boepd + Stanley ..at a guess =36 boepd to Mosmans if total production was 100 boepd per day .....Total Mosman production =224 boepd x $120 Crude Oil ( at current price but can go higher or lower of course ) =$26 880 per day or over a 30 day month =$806 400...
Interesting to look at the charts for these two commodities short and long term ...Crude Oil has jumped almost 29% in the last month alone and is up over 75 % in the last year and is now approaching historical highs ..One would have to go back approximately 8 years or longer to see Crude Oil at these levels which just happens to be around the same time when the Mosman share price was at a much higher level ...( though admittedly with less shares in circulation ) ... USA Natural Gas although not quite as high in relation to historical levels has been creeping back up recently and is still very strong in relation to more recent history ...When more financial statements from the company are released going forward hopefully this should provide a strong uplift to the share price as the recent high commodity prices on there own must be equal to opening up a number of new wells !!!.....