Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
I took my brand loving 16 year old to lakeside and asked if he wanted to have a look in the superdry shop there and got one of those “ dad , you haven’t got a clue” looks. I had a look anyway and thought the quality was ok but most things are very overpriced and have “ superdry “ in huge letters across every product. The zip up hoodies were nice but only because they only had a very small superdry logo on them . It all looked very dark and moody in the store but unfortunately for them all the kids were in JD and their store was empty. Not sure whose superdry target audience is ....fashion conscious youngsters don’t seem to be wearing it and older people like me don’t want this type of stuff. I thought it was going in the right direction when they introduced some classier understated stuff ( idris elba I think ) but now it just feels very outdated and tgecompanthas lost its way.
Been in and out of Griffin since about 20 years ago when a broker at Charles Stanley (CD ) was doing their rights issue at some lowly level ( 4p if memory serves). It’s had its ups and downs but this news should be the catalyst for a move up once the news gets disseminated. It’s already my second biggest holding after Shell due to its rise but I’ve bought more today as I still believe it is fundamentally undervalued.
Why would directors have piled in if they knew more bad news was coming ? Suspension on aim is usually bad news but would directors have knowingly thrown away tens of thousands of pounds to support the share price for a few days? Fearing the worst but the more I think about it the more I think there may be positive news coming.
Ok so it�s only up 2.5% rather than 3% but that is hardly ruining a man�s dreams.
It has been 2 steps forward and one back with griffin but it really feels like everything is falling into place at long last. If I remember correctly the stock reached something like 120p at its peak ( and I also remember when it was 4p around the time of a rights issue as a firm I was involved with owned 4 million shares ) and next year I can see it returning to these levels. The company seems to be largely undiscovered still but it will be showing up on many more value screens following the next few earnings reports so represents an excellent buy at these levels.
The combination of weak sterling and strong oil has been great for shell and i think both of these trends look set to continue throughout this year and next. Personally I feel a yield of around 5% would be about right , not sure where that would put the price but certainly a fair bit higher than here. Saying that , shell now accounts for 60% of my portfolio so although I get a lovely chunky dividend every 3 months I do feel I should diversify a bit in case shell has a hiccup a la Deepwater horizon . However, with markets at this level I am finding it very hard to find anything as attractive as shell , even moving away from high income stocks. Ideas anyone ?
No idea who has been buying but that's a large transaction whichever way you look at it. Is mr . Sports direct upping his holding with a view to a full bid ?is it our activist investor getting involved ? French connection still have a well known brand name even if it has lost its way in recent years so I wouldn't be surprised if someone thought they could do a much better job than current owner.
Must jump soon. Cey was down this morning , nicely up now. Just have to be patient.
The advantage of being in front of a screen when an opportunity presents itself. Might even finish blue .
Time to buy again . Not sure why it's being held back but upward move coming.
Bought a few more today . Still think a good bet to be much higher in the next 18 months. A bit illiquid so one seller can move the price a lot. However , good news or a decent size buyer and straight back up again. Very twitchy markets at the moment so some nice bargains developing for the first time in quite a whi,e.
No news , no comments, no stake building, no take over rumours yet stock is slowly creeping higher at a time when generally retailers are suffering. Just an observation .
This actually looks like it could be a massive fraud. The minister in charge of mining has been sacked . Maybe acacia are the innocent party here but that's not what the share price is telling you.
This is an industry I known nothing about . However , I was working in fund management during the dot com bubble and short lived gene therapy bubble so know full well that when a full on mania grabs the stock market valuations play no part in investment decisions. You just have to remember to leave the last ten percent on the table for someone else as when the tide turns you don't want to be left holding the baby. When I look at sophos I have no idea how high it might now go but not buying it because it looks expensive is completely missing the point. Anyway , other than sophos does any bright young thing out there know of any smaller , similar companies to sophos that are worth a look ? I see there is a company called Falanx which is tiny but has a very interesting looking chart . Thanks in advance for anyone who takes the time to reply.
I'm holding on for the time being as there doesn't seem to be any sellers around yet but nothing goes up like this forever so there is bound to be a pull back at some point. However , if you look at the sales / profits that this company was generating when the price was 170p it is easy to imagine this going back to 100p quite quickly. not much to be excited about in the market at the moment given valuations so something with as much upside potential as this is quite a rarity.
Bought a load of this at 38 and 42 to add to my not so great purchase at 142. At 70p I will be breakeven which is a position I didn't think I Would be in until next year at the earliest. I originally bought as I thought this was a dead cert to be bought out which I still think is likely given its small market cap. Amazing how fast sentiment can change . Only other small speculative company I own in this area is fum and I'm hoping either this or that comes good in the next few years.
Motley fool recommended buying this at 180 which is as big a sell signal as you will ever get. wait until they turn Negative then pile in. Firms that are consistently wrong like them are worth following just so that you can do the opposite of what they say.
Rdsb is my biggest holding, hur my second. I wonder if 2 is soon to become 1 ...