The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
To be fair to Malcy, he does have an impressive track record. Followed his Bucket List for a while and I'm in good profit (last year was an exception). Whereas if I'd listened to our persistent and subtle deramper, redrich, i wouldn't have made a penny. Check out his posts for confirmation.
This interview was filmed at 121 Oil & Gas Investment London – 30-31 October 2017 – where 40 exploration and production companies and 160 investment funds and analysts attended for two days of market intelligence gathering and 1-2-1 investor meetings in one of the world's great oil & gas finance hubs. https://m.youtube.com/watch?v=YYqpB9CeJ_8
SP drop is now a great opportunity. New tweets from President Energy : "#PresidentEnergy intends to act as a consolidator of similar assets in Argentina and continue its production growth with excellent netbacks- currently ~US$33/boe at Puesto Flores" "Production that #PresidentEnergy purchased at Puesto Flores for $18,667 per flowing barrel was at a significant discount to the $25,480 per flowing barrel paid by Vista Oil & Gas in the Neuqu�n Basin" "Vista Oil & Gas deal values its transaction at a significant premium of $12.57/1P boe compared to #PresidentEnergy �s $6.22/1P boe achieved in Puesto Flores/Estancia Veija showing the highly accretive deals #President is making" "Recent deal in the Neuqu�n Basin by Vista Oil & Gas highlights #PresidentEnergy �s excellent deal at Puesto Flores and Estancia Vieja in September where free cashflow for January is estimated at US$1.3-1.5m , read here: https://t.co/Sy703I7fr1"
No chance this will retrace. You sold out way too early.
"JD appears to be in a sweet spot as several years of store and infrastructure investment is starting to bear fruit," analysts at Investec wrote in a note. 45% jump in annual profits after increasing surge in demand for women's clothing. Exclusive first access to new launches, the massively growing trend for "athleisure" clothing – womens only stores opening just for these. Beyonce's athleisure line which is just out and will prove very popualr (only handful of outlets have exclusive access). Meanwhile, Sports Direct shares have fallen more than 30 per cent since January on the back of a profit warning and comments from founder Mike Ashley. A long way to go with this one, IMHO.
SP seems to have turned a corner today. Morgan Stanley upgrade and good article in Telegraph. Extract :" Questor says buy. Shares in Poundland [LON:PLND] are back to the price that the company floated on the stock market in March last year. Questor believes the latest set of annual results show why this is still a good entry point in a long-term growth story." Definitely holding on to this one for steady growth.
Not sure if this has already been posted, but read this in The Telegraph. Surely, this is now an excellent buying opportunity : "POUNDLAND [LON:PLND] shares offer a buying opportunity, as a number of important company announcements in the coming weeks could help the price recover. The company is growing fast by tapping into UK shoppers’ demands for low-cost products. "The shares, which have fallen sharply this month, have already priced in the possibility that the [retailer’s £55m takeover of rival 99p Stores] won’t happen, so any news to the contrary should see them bounce to above the 360p level they traded at before the CMA setback. "However, even if the deal is called off, the shares could recover on June 18 when Poundland reports full-year results. The company will update the market on the progress of a trial expansion into Spain. Jim McCarthy, chief executive, said they were ahead of schedule in the country, having opened six stores in less than a year, with plans for a total of 10. "Even without these two catalysts the shares look good for the long term. Poundland is one of the few companies in which investors can gain access to the rapid growth of discount retailers, which are taking market share from the big four supermarkets - Tesco, Sainsbury’s, Morrisons and Asda. "Poundland has increased revenue from £881m in 2013 to £998m in 2014. In a fourth-quarter trading update today, it said sales had increased 11.8pc to £1.11bn in the year to the end of March. The only slight concern was that the rate of revenue growth slowed over that the 12-month period. Revenue growth slowed from 17.7pc in the first quarter, to 12.5pc in the second, 9.8pc in the third and 6.5pc in the fourth. "But over the long term the company can grow through opening new stores. Poundland said that the number of stores increased by 60 in the last financial year, bringing the total to 547 in the UK and 41 in Ireland, up from 497 and 31 respectively a year earlier. "Mr McCarthy said he plans to open a minimum of 60 new stores in the year ahead. The company certainly has the balance sheet strength to fund store openings, as it reported net cash of £13.9m at the end of March. The shares will get further support after analysts said they expected Poundland to pay a maiden dividend of about 4.3p this year. That may be a fairly meagre prospective yield of 1.3pc, but the payout is forecast to increase by about 20pc a year. "The shares are certainly not cheap, trading on 21 times forecast earnings, but there are a number of clear catalysts in the coming weeks that could cause them to move back towards the 406.4p they were trading at only last month. "This profit-generating, high-growth retailer looks like a buy. "
I originally stated the price would drop, which it did, but after reading the latest RNS, I have to confess this is now looking like a great buy - mainly due to the much improved balance sheet, operating profits and margins. Investors Chronicle article is worth a read, too. Might be worth dipping my toes in now.
In my opinion, people could lose a lot of money when cost-cutting can no longer paper over the cracks and the huge amount of investment needed in this business becomes apparent. Good time to sell, folks. Don't say I never warned you.
The majority of the £500 million that was raised by this flotation is being used to reduce all the debt and not fund further growth. Also the cash generation is very weak, actually falling by a whopping 30% last year. Too speculative for now and you'll get it much cheaper in a few months, not that I'd recommend it! Avoid.