Member Info for mick-b

KRS - Calidus Resources only voted in Australian and OTC US markets
https://www.google.com/finance/quote/CAI:ASX

GIT
The ticker feed stopped at 1535 on all the LSE shares so nothing was updated after 1535
Check the trades on other boards
7.75p was the official closing price
https://www.londonstockexchange.com/stock/WRES/w-resources-plc/company-page
Troajan's m8

No-one better than Dido Harding to run the NHS into the ground in preparation for privatisation.

Brexit devours its children ... now a second DUP leader in a month

Anger on Whitehall: There was private fury across government over its own failure to inform the public about how they could access sick pay cash. A Whitehall source tells Playbook: “The penny-pinching Treasury refusing to make it clear in their guidance that employers could furlough self-isolating staff had clear public health consequences. It resulted in more people with COVID symptoms going into work due to the very low sick leave payment. This led to greater transmission of the virus at the beginning of the year when hospitals were slammed and the average ambulance waiting time was over two hours.”

My opinion - the misleading presentation of EPS has taken the shine off things for me. You can’t show an unusually high EPS figure of 32.1 cents, as underlying, when it’s not! Normalising the tax charge brings that materially lower to 23.4 cents. So slapped legs for management there!

Nevertheless, it’s still a “cracking” set of numbers, as the Chairman (with tons of skin in the game) promised us last year.

By my calculations, we should be looking at 20p+ EPS this year, due to the benefit of growth, and acquisitions. Hence at 367p currently, the PER of 18.4 looks perfectly reasonable.

There’s scope for more acquisitions, hence we should see forecasts go up further when more deals are announced.

Rising raw materials prices are not a problem, as they can be passed on - a key point to ask all companies about, as inflation rears its ugly head.

Overall then, it’s looking good, and continues to be a “coffee can” long-term hold share for my personal portfolio.

Note there is an InvestorMeetCompany presentation at noon today. They're usually recorded too.

It's been a superb turnaround in recent years, and although we might have to get used to a slower pace of share price rises in future, the outlook & valuation both seem reasonable to me.

https://app.stockopedia.com/content/small-cap-value-report-thu-17-june-2021-placeholder-824479?order=createdAt&sort=desc&mode=threaded
subscriber only

17th Jun 2021 7:00 am RNS Resource Estimate for Phalaborwa Project

17th Jun 2021 7:00 am RNS Gold Exploration Programme Update, Côte d’Ivoire

Top 10 Countries with Largest Gold Reserves
United States. Tonnes: 8,133.5. Percent of foreign reserves: 77.5 percent.
Germany. Tonnes: 3,362.4. Percent of foreign reserves: 74.5 percent. ...
Italy. Tonnes: 2,451.8. Percent of foreign reserves: 69.3 percent. ...
France. Tonnes: 2,436.0. ...
Russia. Tonnes: 2,295.4. ...
China. Tonnes: 1,948.3. ...
Switzerland. Tonnes: 1,040.0. ...
Japan. Tonnes: 765.2. ...

https://www.statista.com/statistics/248991/world-mine-reserves-of-gold-by-country/

https://www.kitco.com/news/2021-06-16/-Best-time-to-buy-gold-is-before-crisis-watch-inflation-risk-and-3K-gold-price-target-says-industry-expert.html

Big time with dollar soaring.... AGAIN!
https://www.bullionvault.com/gold-price-chart.do

SYME ended 36/34

Brexiters are denying that the Australia deal is worth £1.22 to every household. The true figure is £1 4s 5d.
lo!

Petrol price increase was the main reason for the increase

RPI 2.1%
CPI 1.6%
Just above expectations

RNS - 16th Jun 2021 7:00 am La Parrilla: Completion of the 500,000m3 dam

It fits in with the infamous Prof Patrick Minford's post-brexit view of Britain. We will no longer make or grow anything, other nations will do that. We will all work in services.

UK fishermen have been screwed over by Brexit now it's the turn of the farmers.

You have to wonder which other industries that we were promised would be key beneficiaries of Brexit will be next.

STEEL ??

Will benefit British consumers as well
£1-20 a year (average)
WOW!!!

Value of UK-Aussie trade deal over 15 years: +0.02%

Cost of Johnson's Brexit deal over 15 years: -4%