focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
T1995, chique is that net profit in GBP?
Great questions, thanks swingy
Why are we not getting more sales traction given the soaring price of imported fertiliser?
What percentage of sales are repeat orders?
What percentage of customers have increased their orders year over year?
I struggled with this question because it’s hard to get an answer that might give us real insight into how good a product HMI have. Hopefully the follow up questions about repeat sales give us a real insight into whether customers believe this is a good product. Lots of repeat business and Increasing orders from existing customers should tell us that farmers do think it’s a valuable product.
Any thoughts or improvements on my questions r welcome.
Thanks source,
Don’t want to confuse swingy. It just seems odd that there aren’t cues at the door to buy this stuff given the cost of competing products i.e. potash/ammonia?
They should have huge in built advantages over very expensive imports of foreign fertiliser?!
My point about verde was that there does appear to be demand.
I was hoping management could comment on that.
Is it just a lack of awareness?
Chique,
You originally posted the fag packet calculations as
Sales USD$ 5.4M
Gross profit 3.4M
Expenses 2.9M
Net 0.5M
What has changed in your calculations to get the new figures in AUS $.
Appreciate any help
P.S. Yes you are right I did not phrase my question about breaking even at 40K well.
whl2, what do u think of management?
Swingy,
Is there a price rise planned. Given the cost rise of ammonia and potash I would have thought they have either huge pricing power or the stuff is flying off the shelves? But 150K doesn’t exactly seem like the sort of demand I would have expected given the scarcity and expense of traditional fertiliser’s. Why r we not getting more traction?
It seems strange that Verde are doing so much better than us? What are they doing that we r not?
Could us ask them to give us an Ebitda and eps forecast for sales of 150K.
Could u please ask the CEO for honesty. My biggest problem with HMI is trust i.e I don’t.
I don’t understand how we can be breaking even at 40K. Saying things like that makes me question management and puts me off investing. If that is a realistic forecast then could they please break down in detail how they get to that.
Thanks swingy
Appreciate it
I get it on about a 5 P/E or cash adj about 2.5 X. That’s a big discount to MPE or REA. I am not sure why it trades on such a discount?
It could have its entire mkt cap in cash within 15 months assuming the CPO price holds up.
Thanks both,
re REA, very interesting. I had never heard of. Will look into it.
Thanks NB appreciate it.
What’s REA?
I would be interested in everyone’s opinion as to why people here prefer MPE over AEP. Is there a big difference?
Hi AP,
Why did u choose MPE over AEP?
Thanks for all your help putup
I will work on making my questions clearer.
Putup,
They only got $44bbl in H1. Is that discount to Brent likely to be similar in H2.
Thanks putup,
Yes I am just trying to work out how much GKP gets in terms of its share. Quite complicated I guess. Was hoping to get it in the form of bopd so I could easily compare it to other companies.
Am I getting it right that after 10% royalty and ignoring Cost recovery the KRG take 85% so GKP isn’t left with very much?
Yes I know I am massively over simplifying
What Am I missing.
Hi everyone,
I was interested to know if anyone can give me an approx net boepd eq number for GKP. I know they produce 55K boepd but I was thinking about how it all works out once you net off all the payments? i.e what do shareholder’s actually get.
I saw putup had it at about 60% at the moment but does that drop to more like 50% by yr end?
Is 50% a fair number to use when judging long term value?
Also can anyone give me an approx net cash number.
Grateful for any help
If atom is worth £20m then the rest of the business is there for just £20m? It’s a bargain? What am I missing?
How much debt does vast have?
Sorry, I have predictive text so it keeps correcting words it doesn't recognise. That should have been.. Hi Moljen not molten!
Hi molten, Could you post your email address and I will send you the align research if that's of interest? Do you have a twitter acct? What's your handle?