Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Interesting that all of Le Baron posts have disappeared.
Hexam,
Nice posts . Worth bearing in mind that even after rump has been placed , the fall may not be over. AML , a few years fell another 20% . I wouldn't be buying this at this stage even after a 50% fall as crazy as it sounds!! Not yet anyhow.
Chacha,
I was very noticeable that the wellness , vitamin and sports nutrition category was omitted from the last trading update .I really thought that going forward that it was this category that would be the big growth opportunity for Supreme. I realise that whey prices have hammered the margins but are you still as confident in this sector as you were before and have sales so far reinforced your belief that you can and will challenge the likes of Holland and Barrett ? TIA>
Why would you feel that ZYT can get back to the days of 20p dividend ? They don't seem to have any killer product in view apart from slow steady revenue prospects? Seems a solid company with a big seller dumping the shares still. Glad to be corrected .
Le-Barone,
Thanks for that and you seem to be 10x times way more informed on the sector than me. Nevertheless, BMS , under this management have put in a credible share price performance as well as reducing debt to low levels. Maybe, it was alow bar but without doubt they are still in a sweet spot in the cycle for shipbroking. Allied to the low free float which is almost 50% of the shares in issue , I'd again suggest that the share price is likely to go through 400p in the event of continued good news.
Your comment on institutions just being in for the dividend has no merit in my view. There are plenty of stocks offering this yield or are suggesting that BMS is a very safe bet to keep delivering good news and growing the dividend. That's a good reason for the share price to keep rising as I'm sure they will deliver a greater than 8p divi for the full year results as well as raising guidance on all fronts. Makes for a good investment rather than the dog you are suggesting imo.
Many thanks for that. I'm surprised Le Barone is so negative on BMS. He clearly has no confidence in management. I have spent quite a while listening to the conference calls and presentations and the job done by the new management has been impressive. Moreover the outlook for the next few years seems very strong.
I note that the ceo commented in August that in 35 years he had never seen a strong market for shipping going forward. That's quite an endorsement. Any view on that, Aishford ?
With the lack of debt and adequate facilities to acquire, I can't see why 400p is not achievable in the next 6-9 months esp. if the $ and tanker rates remain strong. Current forecasts surely will be upgraded once again imo.
Aishford ,
Could you please give me a link to where you follow tanker market rates ? TIA.
Whilst you are correct, Delt is of far quality than either esp. with Shell involved. I'd imagine there is plenty of upside over the next few months even if the spud news does not induce a huge spike. Witness the huge spivy moves in ECO and PRD.
Not everyone is selling. I've just bought 3million in past hour. As you say, good news ahead .i iamgine the selling is mainly from those who applied for as much as possible in open offer and got filled the whole lot which has caused the overhang of selling.
Rumours of bid interest from Betaville for TRMR this morning. Any substance ?
Thanks for arranging that, Chacha.
From recent interviews , its clear that SCI -MX is bedding in nicely and was profitable from month 1 .So that's a big tick , hopefully the excellent CFO, will be more inclined to call it acccretive now and rise guidance for the full year. Sandy called this his 'best ever acquistion'. That's a huge statement and I'm expecting big things now its bedded down.
The 2 questions are clearly supply chain issues and the effect of Whey prices on margins.
Quite honestly, with Sandy's experience over the years, I'd expect him to have supply chain issues well under his control and whey prices have been high for a while so hopefully he can mitigate going forward.
Sandy has been very bullish on prospects and I would hope he can raise guidance next week and actually , I believe, guidance from Berenberg was conservative at just about 10% revenue increase for the current year. Time to start delivering , Sandy, and show you are well ahead of the curve !!
I'll ask a few questions at the presentation but if you can get prison contracts for vaping, you must be first in line for any NHS vaping ones. Also , lets hope Millions & Millions is getting some serious traction at the retailers.
Roll on next week.
Well this rights issue is proving to a bit of a disaster. The ex rights price was 294 .Now its 260p ..that's simply an 11% haircut for shareholders.
webcast for presentation at 10.am...
webcasting.brrmedia.co.uk/broadcast/60d30f5c55a96337f0d9c198
Big speculation via Betaville.