Member Info for ocelot

It remains a PI stock, warik.

That's where a lot of uplift could come from, one of these days, when the IIs decide to come aboard.

It means those are all PI holdings.

Nothing whatsoever to do with institutions, warik.

without 200
scoredagainsteps 205
dodger777 211
broadland 215
IANAA 220
hawkey 231

Not on Monday, you won't! It's a long weekend, both here and in the States.

From note 10 on page 40 of Alba's report, published 09/05/19, re HHDL:

The directors’ current intention is to retain this investment for the foreseeable future.

Mirasol,

That "going concern" reservation in Alba's annual report is normal, given that the company is an explorer and not (yet) a cash-generator.

I've not checked, but I expect a similar reservation has been made in all of its recent annual reports.

Many thanks for posting this, SlowRoll - interesting!

ERBIL — Kurdistan Region’s Parliament is expected to convene next week and elect a new president of Kurdistan Region...

http://www.basnews.com/index.php/en/news/kurdistan/522930

https://www.bloomberg.com/news/articles/2019-05-24/russia-s-dirty-oil-crisis-is-worse-than-almost-anyone-predicted?srnd=premium-europe

Congratulations on your 11,000th post, JL.

Here's to the next 11,000.

When it got to 300p last year, it had risen from about 60p.

The problem is, it has now spent about a year "consolidating" that rise!

Oil spiraled to its worst daily performance of the year as mounting trade tensions between the world’s biggest economies sent investors fleeing from risky assets...

https://www.bloomberg.com/news/articles/2019-05-22/oil-beaten-down-on-rising-u-s-stockpiles-demand-concerns

At 188.00p, I reckon that's about 4.1x 2019 earnings.

I'll correct my error this time:

Ninetails,

It is for each investor to decide for him/her-self the appropriate multiple to apply to future sales/earnings/cash flow estimates, that's what the market is all about.

Ninetails,

It is for each investor to decide for him/her-self the appropriate multiply to apply to future sales/earnings/cash flow estimates, that's what the market is all about.

seadoc,

We seem to arrive at more or less the same kind of figure for earnings, it's just on the multiple to be applied that we disagree: you choose 4x, I chose 10x.

In a young and growing company, I thought I was being conservative with my choice of 10x!

Shall we put it on 20x?

I revise my 10x earnings calculation to give a share price of about 4.2p (not 8.3p) - a bit too quick off the mark, I'm afraid.

PS: at the current price of 1.025p, that looks quite attractive.