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.
Nah I sold out at 84p. After it retraced i put a fifth of it back in.
No more top ups for me at this price, but i am very happy with the 40 odd pence gain.much better than bank.
If we get £3.20 on news, i am gone and would be super pleased with capital plus 3x back
Boom…spot on. I got too carried away by sales growth.
That said i think the ground is well laid for future growth for them and profitability will come.
I want to see the update for this though and the direction of travel, which was my point
I am simply saying I believe the current price and that it is a fair reflection for now
There is clear concern about profitability and long term viability. Not saying these are points are not valid, but we will know soon enough whether the situation is deteriorating and perhaps more crucially the rate thereof. Saying trading is good is one thing, issuing a profit upgrade is quite something else. Greggs punters are super happy today
You know……Its okay for it to be chaotic.
You know …. I watched the video. I thought so what. The questions are planted and the responses scripted….
But you know My take aways were no further substantial news till late September and the ground being prepped for a further winter campaign!!!
But you know…what do I know
Toomuchsun
You have to decide your risk. I previously got out at 85p.
I got back in recently at 84p but with only a small punt.
Previous chat on here suggested max sp of circa £3. Now being talked higher
Currently sitting on a decent gain and mulling taking profits again. But hard to see 84p happening again. Anyone offer best case scenario and two or three risks associated with that outcome, ie major like BP looks at PANR or even bids!
But the message is MM aint stake building. He knows this will come good medium term so is lining friends and family pockets. Now thoughts please on going private. I say low to no chance, but welcome thoughts.
UTTER Muppetry. Matt you keep that golden share. Best insurance policy we have against transient hard times.
Whether we like it or not
Corporate Britain is rebuilding balance sheets through price rises.
Putin reckons he can win…when he cannot. Russia will come back to the table and this fuel / food price thing will abate
We are taking a massive trade hit due to ERG extremism. That too will abate. Sense will be restored with our biggest trade partners
Medium term thank god matt has his golden share.
Matt Focus on cost control and margin, plus give it 18 months.
Thats my advice
£100bn QT package plus interest rises, will not help this share. Major drop in optional recreation spend in latest figures from treasury, masked by loads of people doing extensions, will just kept economy in growth. Autumn is highly uncertain
Unknowns
Will sales growth stay on track
Effect of whey prices dropping
Effect of dollar revenues and hedging strategy
Ingenuity customer acquisition and retention
Mmmh lots of uncertainty
Okay so some on 88e are claiming that essentially panr are doing a free drill for 88e. The argument goes that if the scale of find is confirmed it will directly effect and de- risk project ice wine. I am not interested in 88e, but why would 88e push ahead relative to Panr?? Some are saying 88e will go back to 3+ pence on the back of a panr outcome.
Presume best advice is just ignore.
Question, what does best possible outcome look like from current drill (realistic) for Panr??
Mando your analogy is way off. Due diligence would have primarily looked at the current state of management accounts. The house analogy falls over because THG refused to let bidders have a detailed look at the homeowners current and savings account and current employment contracts etc. The idea that refusal to show people all that commercially sensitive stuff when they there was not even a formal bid on the table is nonsense. Look at happenings across the pond and the ding dong over spam twitter accounts and the impact on its valuation.
Any how…THG says current trading is resilient…great. Market says greater than 50/50 chance of recession and consumers say 69% cutting back on hair and beauty spend.
I was on dairy farm recently (milking sheds and calving), all hard work. Farmers input costs are crippling him. Took new bulls to auction and after every thing got net £2 gross profit. Just broke even. There is very real pressure on farmers that most urban folk don’t see…..
To keep focused on THG…..In short we should be asking given they did not hedge whey prices and hoped six months ago things would get better, where are they now??. Lets see in next trading update. Reality is … it is looking grim out there….so the share price we see is no where near irrational for a variety of reasons. Constant drivel about shorters and derampers…does nothing for the small guy like me
I wanna know is ThG business robust and resilient enough to see through the tuff times ahead. If it is then current prices will be seen in hindsight as a bargain.
I don’t think governance is the issue any more…i think they need to convey a richer picture of the strategy beyond hitting targets and why they feel they can get through current challenges confidently. IR and BOD could help with a comms strategy.
All my opinions…dyor…grateful for thoughts