Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It looks like growth is coming from taking market share but the general market for there products is not growing anymore mister market knows we’re heading into a slow down just don’t no how long or bad it will be .Sold out when they topped £3.50 but no doubt buy back again at some point just cyclical business I guess.
The only trouble dipping in and out trying make a few quid you miss out on that bumper pay day stocks like this with reliable cash flows and international spread must be on the radar I’m sure takeover activity will pick up soon as interest rates peak.
Not impressed sold out
Sound results for me continue to hold interesting will be out come of this.
As previously disclosed, the Group provided services in respect of three contracts with entities owned by a major infrastructure fund of a blue-chip listed company. Our work on these contracts formally ceased following their termination in August 2018. Costs were significantly impacted by client-driven scope changes and the Group has submitted claims and variations to the value of circa £95m in respect of these costs (June 2022: £95m). The Group has taken extensive legal advice on our entitlement, and we have been successful in two adjudications supporting the validity of the Group's position. The claim is progressing in line with the expected timetable, with all associated legal and professional costs expensed or incurred. Taking into account the requirements of IFRS 15, the Group had constrained the revenue recognised in prior periods to the extent that it was highly probable not to result in a significant reversal in the future. At 31 December 2022, the Group has reviewed its assessed recoverability in accordance with IFRS 15. Given the progress, in line with expectations during the period, this is unchanged. The Group has also reviewed its expected credit loss provision in accordance with IFRS 9 for which there was no material change in the required provision since the prior year end.Good luck all.
When transport stocks starting warning of slow down this year head take note maybe start hearing more from retailers none essential.I’ve had a couple good years now slow building some cash up especially as I can just get 3/.5 % rate just to keep it handy.I am been careful what I holding now as best I can.
Missed my chance to add to my position this morning if drops back I’ll add as the international business must be really starting to show good results.
Yea I added a few more on the drop Friday results tomorrow not expecting anything nasty but would like to know if there is going to be a buy back announcement.
Don’t worry about day to day movements if your happy with results and outlook just hold and relax.
I’m a going to let mine ride think we’re going to see some improvement and with air traffic still moving up there operations there should be doing well just need train strikes to end.
The strike action does not bother me short term if they drop back to where I was going pick some up yesterday I’ll be in this time.
Just because we’re at 2014 does not mean it stops going down if there’s no housing market support in the budget who knows how far the market could fall but it’s not looking good.Also keep you eye out for other housing markets they have been and still falling way ahead of ours.
There’s a big difference between certain house builders going into a down turn those at the top and bottom.Interest rates going up cost off living affect both but more the cheaper end of the market now the help to buy scheme and the other government stimulus to the housing market artificially helped people buy house who otherwise could not off but for now it’s ended so the pig trough is empty.So watch out for the budget if the kitchen sink is thrown in at keeping housing affordable time to buy other wise I’m not buying in.
Had a buy chance to grab more at £1.29 this morning but decided to hold back even though I no there a good buy as already have a large avg holding at £1.25 you no eggs and all.Going to hold and give bod time to deliver.
Still to early for me to bother rate cycle still not over yet and there going to stay put for awhile inflation is going to hang around more than people think Bank of England will not be able to drop rates even if in a recession.
Good luck for tomorrow everyone
Results and outlook will dictate direction off travel already have large enough position here but have funds ready to add if I like what I read.