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Putin Meets First European Leader Since Invasion, Told War 'Needs to End'
https://www.newsweek.com
Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to bring the price down to either increase their position at the expense of others or get paid to help a Short make their bones. They are going to kick up as much dusk as they can before the sale is announced. Stay strong and hold for gold.
I think the Eurasia Mining (EUA) share price could surge by Andrew Wood
With increasing sales and a strengthened cash balance, I feel the EUA share price is more tempting by the minute.
Key points
No individual or entity associated with the company has been targeted by Western sanctions
For the six months to 30 June 2021, sales increased from £48,000 to £425,000 year on year
An unnamed buyer has completed due diligence to purchase most of the firm’s assets
Working within the mining industry, Eurasia Mining (LSE:EUA) is a UK-based mineral exploration company.
Recent events: As a business operating in Russia, investors aggressively sold Eurasia Mining shares when when hostilities broke out in Ukraine. The stock was part of a wider stock market sell-off, with other firms like Polymetal International and Evraz suffering similar fates.
Markets around the world are reeling from the current situation in Ukraine… and with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.
On 2 March 2022 the business stated that “no individual or entity” associated with Eurasia Mining had been subject to Western sanctions. I see this as good news, because pressure on the share price should ease if parties to the conflict reach a ceasefire. On a human level, this would be most welcome news for civilians in the area.
In the short term, at least, the conflict will inevitably affect the EUA share price. Despite this, the company is still able to function normally. But a prolonged conflict will inevitably be bad news for the stock.
Recent results: In its interim report for the six months to 30 June 2021, the firm had some positive news to report. Total sales for the period were £425,000, an increase from £48,000 for the same period in 2020.
In other news, the company reported in October 2021 that an unnamed buyer had completed due diligence for the purchase of most of the company’s assets. The first proposal to buy was lodged in May 2021. If a deal is reached with this party, I think the EUA share price could take off, because it would provide the business with working capital with which to grow the operations further, particularly with open-pit mines.
While an end to the conflict and a deal to sell assets would both be very positive news, I think consistent sales and the cash balance could be the key to progress for this company and an eventual share price surge. The performance of this company really is stunning. In 2019, it returned £150million to shareholders through buybacks and dividends.
I believe its financial position is about as solid as anything I’ve seen.
Since 2016, annual revenues increased 31%. In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259. Operating cash flow is up 47%. (Even its operating margins are rising every year!). Quite simply, I believe it’s a fantastic growth pick.
Eurasia has been outstanding is not so much in riding the tide of macro factors in its favour, but structuring its portfolio in an optimal way. Indeed, it would appear like any sensible company would do, always ready to prepare itself for whatever eventuality it may face – pandemic or no pandemic, war, end of war, company takeover or asset sale.
Hold on to your golden tickets.
Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to bring the price down to either increase their position at the expense of others or get paid to help a Short make their bones. They are going to kick up as much dusk as they can before the sale is announced. Stay strong and hold for gold.
Ukraine, Russia draw up tentative peace plan to end war. The deal includes a ceasefire and Russian troop withdrawal if Kyiv renounces NATO membership ambitions and accepts limits on its armed forces, the FT reported: The Kyiv Independent