Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thought it rolled over in 2018?
At best it will limp along until the company and investors face up to the fact they took too much out of the company in the past, leaving the current entity saddled with the debt.
That facing up will result in more short term pain in the sp, which is why investors and management don’t want to do it, thereby sealing the glum outlook which institutions are selling.
It’s also why you don’t have a ceo. The good choices will be avoiding the poison pill.
Just my view.
“ Don't think progress has been that slow here tbh.”
Been watching since the early 2000’s. I can assure you it is the definition of slow.
Prof is a professor of sleep after all.
The deal will shrink Vodafone's share of the UK market. 3 are getting the enlarged share of the pie by taking on some of VOD's debt.
What’s wrong with deramping, or let’s call it pointing out the pitfalls so readers can make informed decisions.
Started posting again 2 years ago when many were excited by a guaranteed 10 bagger within months, pointing out if a mine ever gets permission it will take years, and here we are.
Demir may well eventually produce some results finding yet more gold and there will be a pop in the price. I would use it to get out, or face a decade of planning appeals and drifting Sp, if it ever gets to that stage.
The satellite thing is a good example of why I got tired of VOD. Their single satellite joint venture will hardly register against 3500 starlink sats expanding monthly to 42000.
The point is, spaceX have spent less lobbing satellites into space than VOD have paid out in divs. They could of been investing instead of building €120bn of losses and substantial debts to pay out divs.
Can they make outsize profits moving forwards. I doubt it.
I wait to see if a new CEO arrives with a credible strategy, and plans to implement the strategy.
"Wow looking at 2025 to 2030 so far away. This long of holding maybe difficult for some. You are taking 7 to 10 years."
That's my minimum horizon.
Invest in well managed companies that are clearly going places and will own the world in 7 to 10 years. VOD ain't one of them. Previous management and investors lumbered it with too much debt. It now has to sell off key assets instead of investing for growth.
And never buy a company just because it pays a div.
But Maureen has no mining experience or qualifications to talk about?
Meh, they have 70bn in debt to service. The lower figures are net debt. It is relevant to consider net debt, but also prudent to consider the financing burden of gross debt.
Won’t consumers just move to a lower rate. Everyone I know has been doing it, commercial and personal.
Care to list the positive news you know is coming.
It's kinda sensible. The cost of maintaining the minority holders is 6.6% a year and rising. Like a high interest loan.
Links in though with the advice to not expect too much from the towers money. It will very quickly find a home in someone elses pocket, and VOD then continues, minus half it's essential towers.
Up, as they need to keep borrowing for underlying business and to pay a div and buy back shares.
If they had stopped the div they wouldn’t need to sell essential assets.
What a business.
churn will be the concern again.
“Would be good if they lift the final div for inflation”
Last thing they should be doing is raising the div. First thing should be cancelling it.
https://satellitemap.space/
Starlink satelites in orbit, so far
Also known as 100%.
No brainer. The most dangerous phrase in investing.
Careful dibbieboy. If I can figure you are a stooge account then pretty sure LSE can. It is illegal, as you know.
Exceptionally dumb comments too. If you get your capital back, stocks and global economies must be rising. Why would you get out? A buy high sell low merchant, or just trying to trick some into doing what you want?
You should download and read the 2013 cgnr prospectus which explains the huge amounts of gold already found and promises to build a mine.
They are just repeating the process 10 years on.
Kudos prof.