The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
A quick look at last year accounts, liabilities 39m USD, staff cost 5.2m, depreciation 11m . IYA loan 11.1m, interest paid 1.6m.
There's too much going on and I am not an expert in accounts.
Here's the whole paragraph.
"The revenue target of c£1.3bn set out in 2019 remains in place. The business had previously indicated a divisional 2% margin target by 2021. The Group's strategy now targets a minimum divisional 2% margin across Building and Infrastructure by 2022, with the objective of achieving a Group-wide 2% margin, in the medium term, after allowing for PPP and Central Costs."
I think margins are around 0.6 right now, which they are working to increase to 2% in near few years
Overall market was down today, very few shares were in green.
Massive delayed buys are now showing from 14 Jan.
I just read the previous RNS's again and it feels very cheap at 170mil.
Actually investors do want to give it the right valuation, but look at the two year chart and every time the market is positive they have something up their sleeves to ruin it.
Stephen you've been here for very long time, why investors are reluctant to give this company the right valuation?
I am invested, but I see why this company is cheap. Looks like someones running a company who is honest and wants to do the right thing but has no idea how to do it.
Shares were to hit the market on 24th. And they were sold on 22nd
If 100m were sold in one go then who else is selling large chunks?
Get the facts right.
Biscathorpe is still on paper, money raised for it, council approved, September passed and no, the drill pad is NOT getting ready. Any reason it didn't happen mid year and it's not happening now? too scared of protests? then shouldn't have wasted time and money on it.
Appreciate the summary.
Appraisal and exploration portfolio is required to be appraised and explored to get the return. The history here is not that impressive.
2.6 billion more shares to churn, reaching 8 billion in total, what's next, change company name, consolidate the shares and continue
Company is always fully funded after a placing.
I have said this before go through the series of rns and you will see the activities are all on paper and not on ground.
Yes mate, more than 20% of my portfolio. Frustrated at the lack of progress on Biscathorpe, mid year was their guidance then oct/nov which I don't trust until they contract a rig. Site work hasn't started yet. The share price is all time low. I don't care where DB spends his days, he needs to give shareholder something to be excited about.