Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sold. The downgrade is rubbish... But I suspect they will now get their way and bring it down and hold it back for a while. Fundamentally nothing changing here but I will watch from sidelines now and look for a lower entry.
City likes the update.
Onwards and upwards.
Recovering now. 5% overdone. I can see this getting back to 270 today and that becoming support. Results are good, SP taking a breather after a great run...nothing to see apart from a great company with a bright future.
It's up on a market down day so can't complain.
My read is in line and positive for the year ahead. They delivered on their target for cash at bank / debt which I was concerned about. May not be fireworks today but should bode well for the future. GL all.
Let's see what tomorrow brings. Will be paying particular attention to cash flow.
Agree Mary. Break 520 range is what we need.
In my mind I see £6 becoming the base this year... I think £6 was the placing during covid too if I'm not mistaken
Good posts. Golden eagle is a disaster.
Not sure what to make of current SP. Hopefully the update re-assures and gets us back over £3.
Underwater here. Average of 120p. Taken the opportunity to reposition a few holdings add some more here... My worst 2023 performer. Average down to 105p. Onwards and upwards. GL all
To all the LTH's here... I hope you are enjoying the festivities. It's been a great year here. Thanks for all your contributions on this board... Kept me sane over the years! Looking forward to what 2024 brings for Marks.
I think there will be a bit of consolidation here around 305-320. Break 320 and 360 next stop. Not selling yet...Will see where we are mid January when the dust has settled. But this looks nothing but positive, was always undervalued due to the EPL and NS focus...that was the number one issue and they have resolved it with this deal. The re-rating is already underway, FTSE 100 to come too. Great end to the year for HBR holders, not been an easy ride but BoD have well and truly pulled it out of the bag and we can look forward to some good times in 2024 (assuming Oil and Gas prices remain steady).
GL All.
Merry Christmas Mary and all on HTG board. Let's see if we can finally smash through £3 and onto £4 in 2024.
Finger has been hovering over buy for Enq the past week...was keen to get back in at these prices but the HBR deal caught me off guard and I have pumped it all in there for now. Transformational deal for them. I will still be keeping an eye here...and hopefully free up funds from elsewhere (but mindful of getting the PF too O&G heavy). Will be interesting to see what ENQ do next...must be some M&A coming
Been out since windfall tax announcement. This is a game changer for HBR. Surprised I managed to snag some at 270p...I think this has caught a lot off guard, slow trading last week before Christmas but make no mistake this is a transformational for HBR. And its great to see further diversification away from NS.
Agree. I'm out for now and watching.
Cash flow has been the problem that has held it back I believe. They have stated to be roughly neutral by end of year... If they miss that then there could be questions.
I still believe it's a solid company which is undervalued but in the short term I would rather be out and look for re entry below 220
Hotel chocolate takeover shows how much British retail is currently undervalued. Continue to hold here. £3 soon
Well done to all LTH. It's been a long and bumpy ride... As my biggest holding I'm obviously over the moon. For me this is now confirmation from the market of what we have been saying on this on the board for a long time. M&S is back, it has upped it's game in all areas, benefits from the retailers that have disappeared from the high street and it's customers are still prioritising quality and shopping experience... Even with the cost of living crisis
Fantastic day. Well done all... Especially the regulars on here... I don't post often but have continued to read here... One of the better boards for sure.
On the face of it hugely positive update. Dividends are back.
You can never tell how the market will take this but I'm hoping similar to ABF yesterday and we see a 5% rise!
One thing is for sure... I'm not selling any yet.
GL all
Looking strong here. 315 hit... More to come.