Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
At close I’m now 25% down on my holding in my ISA. I will continue to hold.
I do find the style of JDW RNSs odd compared with other companies - almost like it’s Tim’s random thoughts. Should have gone through some better quality control.
Extract from the Mail on Sunday today
“Bullish tones from analysts at Morgan Stanley, who reckon NatWest and Lloyds may be in for a bounce.
The investment bank’s most upbeat forecasts predict a 60 per cent gain in their shares, aided by rising interest rates next year.
The analysts also say the risk of ‘stagflation’ – slow economic growth, rising prices and high unemployment – has been overstated.
They are less upbeat on Virgin Money, arguing rising rates will benefit rivals more.…..”
Extract from Mail on Sunday today
“Bullish tones from analysts at Morgan Stanley, who reckon NatWest and Lloyds may be in for a bounce.
The investment bank’s most upbeat forecasts predict a 60 per cent gain in their shares, aided by rising interest rates next year.
The analysts also say the risk of ‘stagflation’ – slow economic growth, rising prices and high unemployment – has been overstated.
They are less upbeat on Virgin Money, arguing rising rates will benefit rivals more………”
I bought his last year and then sold earlier this year when the covid restrictions were extended. Bought back in, but current underwater. I am hoping the SP to get back to at least 1300 by end of year. We just need society to start to enjoy themselves normally and not be unnecessarily frightened.
As of today, I’m 12% down on my purchase Friday morning. Was hoping to make a quick buck. Through necessity this is May well be a medium to long term hold.
As regards takeovers (I now wish!) , they have been the ones acquiring companies in recent years. TeamWendy and Ceradyne who both make ballistic helmets and armour cost approx £100m each. They are positioning to be a company offering the full ensemble of protection from head to toe. What they are missing at the moment is suits, so I would expect them to purchase a CBRN suit manufacturer at some point
Moose, the trouble is that ABF have no online sales presence to convert their social media followers to online buyers. An optimist would say that we might never have lockdowns again, but the shift of a significant portion of sales to online is permanent. ABF need to take a hit and develop an online presence, even if they kind of outsource it.
I’d say a solid performance across all divisions in very difficult circumstances. Currently 1.58% up in Frankfurt.
EXPECT
The Mail on Sunday13 June 2021
movement in the shares tomorrow of London-listed Mode.
The financial technology firm has signed a deal to offer its service as a payment option to customers of The Hut Group’ s UK sites, including Myprotein and Look fantastic.
The technology – an alternative to card payment – allows customers to stump up using their Mode account and receive Bit coin as cashback.
Think Clubcard points for Generation Z.
Mode argues that the rewards make it attractive for people interested in owning cryptocurrencies without the risk of investing in them directly.
The Hut Group’ s shares are up 23 per cent on its float price in September last year, but have waned since their peak at the start of this year.
Here you go
It’s not every day we can tip a company that has invented something that could supplant a technology in use for centuries. But London-listed Tirupati can make this claim Despite mind-boggling technological change in almost every part of life over the past 100 years we still transmit electricity and electrical communications over copper wires. Tirupati says it has produced a new substance, a mixture of aluminium and a type of graphite called graphene, that can be used to make wires with superior technical qualities – qualities that may bring benefits such as increasing the capacity of airliners.
If this all sounds a bit starry eyed, the company has attracted backing from one of Britain’s most experienced investors in smaller companies, Gervais Williams of Premier Miton, who also, to come down to earth a little, has said the stock’s valuation is well supported even if this particular project comes to nothing.
That view is based on the company’s day job of mining graphite, which it is doing profitably at a site in Madagascar. But it has also used its own graphite to make graphene, which is “the strongest known material, yet also stretchy – it can conduct electricity and heat incredibly well, but is only a single atom thick”, in the words of Manchester University, where it was first isolated.
When Tirupati mixed its graphene with aluminium, it produced, Williams said, conducting wire that could be half the weight of its copper rival.
“There is so much cabling in an aircraft that switching to graphene-based wire could make it 5pc lighter – a saving that could be used to accommodate more passengers or freight. But it could be used wherever weight matters, such as in cars,” he added. The firm has had preliminary discussions about the use of its new material with Rolls-Royce, the FTSE 100 engineering company told Questor. Williams said Tirupati’s £78m market value was supported by its graphite mining activities alone and “the wire is not in the valuation”. The forecast price-to-earnings ratio is less than 10.
“It is building a plant to make much bigger volumes and has issued a detailed technical dossier that impressed me. It told me one potential partner was amazed by the product,” Williams added. The wires part of this business is inevitably a speculative bet but the rewards could be huge. Worth a punt.
Questor says: buy
What AAL have done is almost criminal. Just like US banks sub prime mortgages being packaged up and sold on. Fortunately, I made my mind up last week that I didn’t want to hold any uncertain coal stocks and I sold all my AAL shares. I’ve done the same with BHP, who are going to do the same thing.