Member Info for Mulder

> $1950

BTW Cobus is a great CEO. Really seems to care and very experienced now.

Do not be fooled in thinking the restated dividend will be anywhere near the 10% it was pre-suspension.

If not greater.

Bargain here.

Reasons for selling out? Lowest SP and valuation in years?

Top up time.

Seems a bargain here.

Good balance sheet
Demand for products ++

Multi year lows.
Net cash of £50M
100 year old product
International presence

I suspect another profit warning is coming.
Sub zero temperatures all week.

Lots of accidents, burst pipes again no doubt

Will this also be seen as a surprise by the CEO?

Net cash £1 Bn

Expect a 3 or 4p final dividend.

Nope everything is working fine.
Financial calendar has FY results date now also - March 2023.

Many millions will continue to tune in to watch the semi finals and the likes of Messi/Argentina, Mbappe, Morocco - do not worry.
Viewing figures are amazimg, records have been broken.
Market makers are extremely fickle and stupid.
Ukraine war will end sooner rather than later...whole market will turnaround when that happens.

.

Price to Book 0.4

Ridiculous SP action here.

One RNS which fundamentally changes nothing causes a spike of 6%?
Shows how much control the short sellers have - in UK markets in particular.
FCA why are you not doing your job?

Interactive Investor at least believe the true value is double.

The asset base offers intrigue, however. Despite €68.5 billion net debt, end-September net assets were €57.7 billion, or £49.2 billion, which implies 180p per share – hence 90p in the market representing a 50% discount.

Cheapest valuation in years.
Net cash.
P/E 17
Great assets.
Could happen any day now.