Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Don't get me wrong Bagz, my response wasn't written to 'have a pop'.
I agree and feel your frustrations mate, it's just I see many posts saying we'll see 20s again, gloom and doom. Is there any point if you believe in the company and all the news is positive, thats all
Too much worry about daily SP movements, unless you need the cash now, why the concern and negativity?
'You take the blue pill... the story ends, you wake up in your bed and believe whatever you want to believe. You take the red pill... you stay in Wonderland, and I show you how deep the rabbit hole goes.'
It is a bold comparison to include on their website (re-Netflix), one which oozes confidence.
Sanibel, I would like to think we can now drag the SP out of this long lull and climb back towards the 40s in the last few trading weeks of the year. This mornings RNS confirms what we already know and lays the foundations for next year and beyond. £1 party this time next year perhaps..........
It's not about the here and now, it's about building for the future. There are numerous hints in there....I like this one:
'As at 26 November 2021, over 1,000 Budget Private Schools comprising c.500,000 pupils had Dev Clever capabilities in operational use, this being 25% greater than the original internal partnership forecast'
More pertinent is the time line of almost 18 months since the funding.....at the same SP as where we currently sit
Holding, forever holding
You beat the no doubt multiple questions asking for call duration ; D
Agree, agree, agree! It is a little frustrating but I keep reminding myself how undervalued we are for what is to come.
I'd planned to buy another chunk this morning but work got in the way......now 4% up
I forecast full loaves falling from the skies next year but happy to follow the crumbs for now. Ordinarily I would have banked some fantastic profits but this share has seen me break all my usual rules. I look forward to the year(s) ahead
'They anticipate the company to incur a final loss in 2022, before generating positive profits of UK£8.5m in 2023. The company is therefore projected to breakeven around 2 years from now.'
With our cash position, decent subscription uptake next year and the reported min FY21: $5 million + FY22: $10 million from Aldebaron to help the rollout across Asia, I would hope for break even FYE22
Difficult to imagine in the next couple of years, however, beyond that it is possible
Quote from Mr Akers to give you a warm fuzzy feeling this cold autumnal evening:
"If the like of Byjus, Unacademy, Vendantu, YpGrad and Eruditus et al want to get serious about Careers Guidance in India then DEV price could be 250p+ next year." COULD
@ denby69 "do I have an option"?
Buy some more, reduce your average and hope we are taken for circa £2 ; D
and I remember us being stuck in that price range for a while......calm before the storm
Any offer will likely come down to the top few holders (incl Gilinski), how happy / greedy they may or may not be. Time will tell but a steady climb over the coming days would be welcome to most on here I'm sure
One can but dream Bagz.
Agreed, those tall year end targets from CA, RJ, AD et al are long gone I'm afraid. I down graded my expectations / hopes earlier in the year to around the 70s but I'd now be happy if we can get back into the 40s and stay there. Steady momentum is what we need.
Next year should be a news rich period for us with revenue updates, subscription uptake, progress across the board and the odd surprise thrown in for good measure (hopefully no TO)
2024 I would be a millionaire on this share alone!
I'd take that ; D
I like the trading multiples against peer group valuation multiples - SP of 326p
Yes please : D
Yep, good to be kept informed of progress
Shame about the relentless selling / SP deterioration
Noticed on Twitter someone saying Akers had confirmed the seller was done. I don’t believe anything until I see something tangible but I hope it’s the case.
Let’s see what the trading update brings, end of the month maybe
Hopefully....... I have just added at 30p on the dot, my highest top up to date.
-11% seemed ridiculous to me this morning