Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
This means all the analysts know YTD Net Profit is $96.5m / 1.4 / 272m shares = 25.3p x p/e of 4 = 101.4p.
Cash of $101m / 1.4 /272 shares = 26.5p
Total Share Price = 127.9p
Not bad for my estimate of 128p ( one day before the results)
GL All.
Anglo American Platinum released their results this morming.
The Bloomberg headline is...."Anglo Platinum Makes Record Payout After Earnings Blowout"
Share Price NOW UP 6.3%..
Net Profit will be in the range min (your number) $100m - max (my number) $143m.
So year eps could be 32p. Roughly 128p.
OTH
Last Year 4th Quarter results were on 27th July.
Only nine trading days to go.
Liberum Capital price target 200p, Simon Thompson (IC) in May 2021 upped target to 200p for 2021-2022.
If Q4 is similar to Q1 & Q2 profit them with P/e of 4 = 108p
If Q4 similar to Q3 profit then with P/e ratio of 4 = 128p
Last Year 4th Quarter results were on 27th July.
Liberum Capital price target 200p, Simon Thompson (IC) in May 2021 upped target to 200p.
If Q4 is similar to Q1 & Q2 profit them with P/e of 4 = 108p
If Q4 similar to Q3 profit then with P/e ratio of 4 = 128p
IMHO. All happening in the next two weeks
Comparison to Results on 15th July.
LY Sales for 10 months to 30th June were £2,534m and grew 16%.
MORI analysis said online sales 10% less that LY. Therefore, for ASC say 6%.
Also customer numbers are up 16%.
Therefore £2,534m x 1.06 x 1.16 = £3,115m.
An increase of 23% (I knew I was better than the City!)
Consensus Analysts are saying Revenue Growth 23% and Earnings Growth is 23%.
Why is the market taking ASC down?
Naked Wine Reported today: Total sales +68% to £340.2 million driven by the accelerated channel shift to online wine purchasing due to COVID-19, investment in customer acquisition and favourable customer retention and frequency trends
Current Broker recommendations:
Buy 5 / Outperform 10 / Hold 5 / Underperform 1.
Says it ALL.
Other metrics: Broker Forecast Revenue 2021-2022 is £2.25bn vs £1.75bn for the year. Therefore increase of 28.5%. Boo statement to the City is an increase of 25%. So being very prudent...
Now starting to move TimmyG...
Is the expectation that Sales will go up another 40%?
This is only the beginning. Quarter Rent Day is 25th June 2021... a lot of Retailers being pushed by landlords to pay all outstanding rent for the last 15 months of the pandemic..
Less competition for Boo and then future acquisitions....
Boo have already published ESG policy and linked to Directors bonuses
Agree Oracle,
Only 9 full trading days...before another uplift in Revenues
Only 6 full trading days before results.
It is expected that Revenues will increase 25%
Next Half Year update is 17th June.
Only 10 full trading days until results....
Hi Dolphin737,
The Trading statement is on Tuesday 15th June.
Only 8 full trading days before results. Expected to be 25% increase in Revenues.
Someone bought yesterday 90,064 shares at 17.55 after hours for £365,440
In the price range between £63.19 - £64.24. Based on uplift to 1st October 2020 share price.
Amazing Results due on 8th April.