Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thats how the MMs make their money - how else Considering the slaughter going on elsewhere however - GAH holders cant complain - she pretty steady Just a shame theres no div - that would make her a near perfect stock I calc a fwd SP of FY1 109 - FY2 127 - but expect more of these mild gyrations on the way
16-Jul-14 - FinnCap Hold 330.00 215.00 16-Jul-14 - Investec Sell 320.00 300.00
Growth Last F'cast REV -1.20% -8.10% PBT -23.40% -0.60% EPS -16.60% -22.00% Valuatn Last F'cast P/E 11.9 15.2 PEG -0.7 -0.7
I don't know what GVC's practices are but in most sectors the words 'unregulated' or 'virtual monopoly' generally means they can take the p**s - or in politically correct economic lingo: "they operate in a niche business sector grey area that legitimately facilitates an abnormal profit" - that's why the profits and divvies are abnormally good Even when FX rates are painfully wiping 7-8% off most other international companies bottom line - GVC can most unusually brush that off because they effectively have a monster cash cow. Its why if the BOE raises rates any more than ultra ultra gently the UK markets will crash. (I hope Carney realizes it really is on a knife edge for normal exporters who are already fighting against China & India) The potential down side of this unregulated biz model (and im a huge GVC fan) is that there is risk that one of the markets they operate in will start to make moves to close those unregulated activities resulting in a vertical fall in the SP - the Turkish Dictator (oops typo - i meant prime minister) is increasingly turning Turkey into a hard line state for instance - lets hope hes a shareholder (so to speak) Geographical and ccy diversification are absolutely critical here to dilute regulatory risk and counteract EURGBP decline http://markets.ft.com/research/Markets/Tearsheets/Summary?s=EURGBP The management to be fair are pretty straight about it and are continually looking for new opportunities ATB LM
Gap at 322p might fill
I know - its symbolic - its overpriced and double topping is the point
They are trying to sell it as in line but the word *Broadly* stinks Given that boards can spend days arguing over the wording to give the best gloss possible - if that's the best they could come up with it could easily be interpreted as a warn - IMHO avoid 52w low is 189 - I wouldnt be surprised if that gets tested ATB LM
Is it me or some technical mistake or are the fwd PE and growth rates simply horrendous on this? Check the valuation & growth tabs: www.digitallook.com/companyresearch/10031/COLT_Group_SA/company_research.html If its not a mistake this could fall like an anvil! Any opinions?
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Brazil out & MMs lifting in anticipation of H1 and post World Cup Trading Update W/c 14 July MMs think it will be good so cutting off in advance
any reason?
just one 'numbers' ;)
Guys - what do we think here? 500 could well be the base on TA - do you agree? PE seems toppy - but other numbers numbers are pointing the right way Growth Last F'cast REV 36.00% 19.00% PBT -29.50% 111.70% EPS -6.40% 20.00% P/E 37.4 31.2 PEG -9.5 1.6
Thats true but not the whole story. f'cast PE for this yr if you use adjusted is 17 There is a slight slowing - except for huge PBT% f'cast which will probably result in some nice SP jumps upon updates - folks love to see a headline of PBT up 80% ! The technical btm was 206 and N.Tdr is in so looks like its primed - just a waiting game for some positive headlines Growth Last F'cast REV 29.20% 21.40% PBT 11.70% 85.20% * EPS 29.40% 21.40% ................................ PEG 0.8 0.8 P/E 20.7 17.1 EPS(ADJ) 10.95 13.29 ATB LM
Growth Last F'cast FY2 REV 4.20% 1.90% -0.30% PBT 74.70% -28.90% -9.60% EPS 15.50% 0.50% -8%
(tinypic is a secure image hosting site) oi57.tinypic.com/vgsfb8.jpg
LM
ATB LM
Doesnt look right - toppy TA - flat PBT% - negative EPS% - why so loved? 80-90p a bit more realistic surely? I suspect it would tumble but the MMs are blocking with a stock lending charge - which could possibly mean they (or their major clients) dont want to be left holding the baby DYOR as usual LM