Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
In real terms British land shares are £2 below 1988 share price....
I've seen it so many times - debt debt debt is the issue and enormous servicing costs - £75 million interest payment is collossal... I can only see thus going lower... I sold out two weeks ago. I see this going to 60 pence level or below.
I have held Lloyds shares - £100k - at various points. the fall is absolutely warranted. This is a really poor performance for a bank the size of lloyds. NAV per share has continually fallen and is now 45 pence despite buy backs. With the continual decline of NAV, I think this share is worth 40 pence
Sales up 10%.... thats the important thing...
The media and stock market pundits paint doom and gloom.... the company delivers and the stock price is below 1990s.... paralell universes
It's, if we are to believe it, trading at 3 times earnings if even that. Obviously, as I am Irish, I must be thick, but that is a hell of a discount to fair value and its balance sheet looks pretty healthy along with lots of new projects coming online. British shares have been zombified these past few weeks, months and years. I think Mobico's share price was higher 30 years ago.... unbelievable.... same can be said for Boohoo, Hochschild, Ferrexpo, British Land, C&C.... they are all in the doldrums and I've been buying up good chunks of them. I think people will be trpping over to buy them in the next few months.