The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Revenues look OK on the back of what was a poor harvest in 2021. It would have been nice to have some idea of how this is reflected in profit/loss.
Coupled with last years bumper harvest, which should also yield some very high quality wines, the new management team is inspiring a bit more confidence about the future of the business.
Once there is more clarity about the setup and funding of the new £20m winery this could return to its former highs.
Looks like there will be plenty of work going forward- there is more work for vel in these newer jets.
DELHI/PARIS, Jan 20 (Reuters) - European planemaker Airbus is set to win an order for 235 single-aisle planes as part of a historic purchase of some 495 jets due to be announced by Air India on Jan. 27, industry sources told Reuters.
The deal, roughly split with rival Boeing, is set to cover a total of 425 single-aisle jets including 235 Airbus A320neo-family planes as well as 190 Boeing 737 MAX airliners reported by Reuters last month, the sources said, asking not to be named.
The order is also expected to include up to 70 widebody long-haul aircraft including up to 40 Airbus A350s as well as some 20 Boeing 787s and 10 Boeing 777X, the sources said.
'UK retail sales fell unexpectedly last month, capping the worst year on record after a cost-of-living squeeze and strikes rattled the industry.
The volume of goods purchased in shops and online dropped 1% in December after a decline of 0.5% the month before, the Office for National Statistics said Friday. Economists had expected a gain of 0.5%.'
This just highlights how good Dunelm are in growing their income with such a backdrop.
The updated Mineral Resource Estimate for Syama North increases 58% to three million ounces of gold at a cut-off grade of 1g/t Au
One key point is that 'the majority of the Mineral Resource is located within 150m of the surface highlighting the open pit potential of the deposit'.
Some good intersections but this (outlier) was very impressive!
QVRD587 - 18m @ 70.40g/t Au from 198m
It is still looking like trading is tough but perhaps improving a bit from what they were seeing at the time of SPEC's trading update in October.
'Ahead of the opening of the opti trade show in Munich today, industry association Spectaris announced that, based on its preliminary calculations, sales from German-based suppliers of ophthalmic optics and consumer optics reached a total of €4.87 million for 2022, up by 2.5 percent from 2021.'
'During the opti show, German opticians’ association ZVA delivered an update of its ERFA-Light statistics, which shows sales’ trends for a panel of about 300 mostly independent optical shops. For the month of November, the average store revenue declined by 4.4 percent year-on-year to €37,634. The decrease however represents an improvement from the 9.6 percent drop reported for October. '
There was a reasonable probability that they would have interment problems as they scale up but if you have a time horizon of a few year or more then these dips are a good opportunity to add at bargain prices.
I too managed to find a bit to add to my holdings, but after a tough time last year for small caps I will need even longer arms to find much more down the back of my sofa for the next 'bargain'!
The 'once in a generation' winter storm in the US will benefit Watr. After a previous icy blast their work load increased significantly due to the number of burst pipes and leaking swimming pools, it should be even 'better' this time as the freezing conditions extended to regions not usually affected. The floods in Australia will swing things there the other way though, as last year they ascribed a weaker Australia performance to the flooding. Still on balance the next couple of quarters should be very good.
Historically rsg has been much loved by short traders on the asx (over 10% at one point). it now has the lowest level of shorts since I have been following it (at around 1%) - hopefully a good sign.
With the increase share issue and the price nudging up it is back in the asx 500. With the past fall in mcap I am fairly sure it was also moved out of a gold indexes (VanEck?) hopefully an increased mcap will help reentry here as well.
I thought that not putting out a TU, as is typical pre-Christmas, would send us back under 2p but there has been a keen buyer (institutional ?) consistently purchasing .
Not complaining, but I hope it is for a longer term hold rather than a quick turnaround which would apply a brake to any significant rise on any good news.
Vel's entire share issue is 36M so unless BRH owned 100% then your calculation does not stack up.
(Vel- from October 2022 -share issuance - On Admission, the Company will have a total of 36,458,997 Ordinary Shares in issue)
That is very upbeat for you Horse!
I topped up yesterday - first I have ever picked up for under 2p . Hoping that this will go up the way vel has today which would make for an even better Christmas present for me.
This time last year I did not expect to be thinking now that if it can just get to 3p we will have had a 50% rise! I have kept topping up (or should that be averaging down?) so it does mean I now have a lot more than I did at that time.
The potential is there especially for further expansion into zoos, even when things are tight people still spend on the children.
Cenkos -
' Our forecasts, and valuation:
We are raising our forecasts for FY22E in line with the
trading update. For FY23E we are now including a significant contribution from the
US contract, and we raise our revenue forecast from £14.7m to £20.1m, with a skew
towards H2 due to the phasing of the rollout in the USA. We are raising EBITDA for
FY23E from £0.0m to £0.1m, also with H2 bias. We introduce new forecasts for
FY24E, which reflect a full year’s contribution from the new US facility. On p2 which
present our valuation approach for Velocity Composites, which gives a fair value
range of 55p to 101p.
We maintain a BUY rating. '