Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Wonder what tomorrow will bring. Would really like to see some volume here to justify the move upwards.
According to the FT Wia Gold is up 238.16% over the last year. It would be nice to be able to say the same for Capital Drilling. Quoted 98.2 to sell so heading in the right direction.
Should have said, hope that the bid follows.
Good find Rivaldo. Interesting that the date of publication was the 31st March so probably does not account for the increasing share price of late. Would love to know what is encouraging buyers at these prices. Just noticed the ask has surged to 99p, hope that the ask follows.
Thanks Rivaldo for posting Tamesis investment case guidance and how you see the appreciating gold price benefiting Capital Drilling. Let’s hope that the gold price remains strong for sometime yet.
Somewhat surprised at the strong share price today especially as the stock is now ex dividend, perhaps some are now beginning to realise the hidden value here.
Not too bad with reiterated yearly revenue. Also ex dividend today so market reaction not at present repeating the usual drop.
Hi Rivaldo,
I am just as keen as you to see the increase in share price but fail to see how it can be linked to an unrealised asset. The price of gold could possibly fall just as easily as it has increased.
There have of late been some sizeable sales/purchases quite often above the bid/ask price which does beg the question why. Hopefully we will continue to see some increase in the share price.
This along with the other metrics are all very good news Rivaldo but unfortunately is never reflected in the share price. Its value maybe compelling, however, as I have said before the lack of institutional interest is just a drag on the share price. Hopefully one day I wil be able to exit with a profit, a 3.4% dividend yield is hardly enough compensation.
Excellent news Rivaldo. Can’t help but thinking perhaps I should have invested in Awale but of course would not have known about it without Capital. Hopefully one day all this will be reflected in Capital’s share price. I suppose it reflects the problem with investing in small cap aim shares with little institutional interest. I remain positive though given recent market updates.
Agree, seems to be some positive momentum albeit at very low volume which often tends to distort the price. However until we get back above a £1 I am still in deficit. Perhaps I should have added more when the price was in the seventies but the African criminality etc was a concern.
Didn’t know about the Centamin earth moving contract ending this year which will obviously reduce revenue and subsequent profit. Is there any possibility that this will be renewed?
With TDR buying and Vertu also buying back their shares surely puts a floor under the share price. Enjoy the ride JpMorgan, perhaps you should close your hopefully, ill timed short.
Certainly a lot better than last Thursday, so glad that I did not panic sell. Seems Jpmorgan Asset Management might have made a big mistake with their recent short.
Seems GLG Partners should have closed out their short position about the 25th October rather than increasing it in November. I took the opposite view at the time and increased my holding. Hopefully we can finally consolidate above 230p now, although nothing can be taken for granted.
Agree, Hedin will make a nice profit on their holding in Pendragon which could be used to finance a purchase of Vertu. This might just play out as you suggest, the increase in Vertu’s share price certainly looks promising.
Comment from Car Dealer this evening suggests that Autonation may turn their attention to Vertu which still offers good value. Additionally Vertu owns some valuable assets.
Autonation, this evening, pulls out of bidding for Pendragon. Hopefully they will turn their attention to Vertu.
Seems to have some momentum here. Speculative buying or insider knowledge. Hopefully a bid coming soon.
As you say Lookers seems to be holding up. Seems to bounce down to about 75 to sell and then back up again over a few days. Spread though is often to wide to make buying on the down days worthwhile. I continue to hold in the hope that we will eventually see a bid from constellation.
Whilst offering good long term value, is the current share price strength indicative of stake building prior to a bid. I can see no obvious reason at the moment why the share price should be bid up but as a shareholder it is good to see.