Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The debt level is holding this back - we need to see this come down further IMHO. To me this is a waiting game given the controlled business environment CPI has now created which has been a complete change in culture from the last useless management before our man Jon took over.
This share is nailed on "keeper" share - yes it will go up and down with market sentiment but its robust. The whole sector has been hit recently (PRU, Aviva, etc) which isn't anything more than covid sensitivities hitting equity markets etc. Give It 12 months and this thing will be back above £3 where it should be (meanwhile bank the tidy dividends and raise a glass)!
This is nuts
The tech sell off mirrors this share - brilliant buy in opportunity right now.
This has all started through the 9% drop yesterday on Tesla and further falls today. The tech bubble wont necessarily burst like everyone is predicting but valuations have outstripped the fundamentals for some time now so we cant be surprised to see an overall correction. I personally wouldnt put this share in bargain territory quite yet until we see how this all plays out given SMT/USA valuations incorporated these underlying tech valuations.
Never heard such negative comments on ulvr for years - one set of good results that disappointed the market doesnt turn this in to a dog. Expect share price to settle down now and hover around this level until sentiment recovers. The market is fickle and sense will prevail once fundamentals fall in to place.
Look at it this way - if there is no general mkt recovery then we are all up the swanny without a paddle - pension funds etc need to fund premiums etc. Its strange that we have a POO increase today of over 1% and yet Bp falls but that has to be a symptom of this sell off thats going on at the moment. I dont think results will be bad though who knows what the mkt expects, however if the POO is sustained then the sp risk has to more on the upside.
I dont get it either - Poo treads water yet shell and BP plummet for past few days now. Switch to renewables isnt new and i think can only be over worries over stuttering economy generally? Talk of vaccine being ineffective against new strains isnt helping i guess either.
I'm not blaming COVID. i'm just saying you cannot provide meaningful forecasts right now whilst this is going on. What the SP does tomorrow doesn't matter - the longer term is whats important and the next MNS will be a good indicator of the future trajectory. I would suggest you sell out if you have no faith in CPI - I know right now its not an easy share to own but no one said this share was going to be a quick turnaround but its important that management is seen to be taking steps to address the fundamental issues.
Agreed re the business plan, but difficult during COVID to provide any meaningful forecasts (and most groups still are not providing that clarity). Last thing they want to do is provide such forecasts in to the future and not be able to stand behind these - again the mkt would crucify the SP as management has no track record it can stand behind. This share is a long term play - there is no evidence to suggest further share placings either, and the rights issue a while ago was done when the kitchen sink was thrown at the company's finances so there would be reluctance to go back down that route imo.
Oh, and as for fishing for someone to talk to.....take a look in the mirror? ;-0