Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I was in and out a few times and missed the biggest chance when it was in sub 300p a few months back. I recently read about the buyout. IMHO, KAZ is 4 times the value of current market cap. It generates revenue continouesly and their Baimskaya mine in Russia is one the biggest in the world, once it is operational it will keep KAZ in completly diffeent league.
Did you guys notice Morgan Stanley increase from 3.07% to 3.66%? That's really huge. The same Morgan Stanely said a few weeks back that the share price will be go below 20p.
Once Petroteq successfully start producing, what would be the benfit for the Tomco? Is Tom going to apply the similar technology and the setup on their leases? Someone please explain. I understand Tom had JV with Valkor and helping the petroteq. People keep talking about Petroteq and its updates. But I am unable to understand how it helps to Tomco.
In Google, Tom's past share price was multiple of current price. But in the LSE dicsusson board, the price next to the individual chat message (from the past - like 2014/15..), it doesn't indicate muliples of current price. Was there a share consolidation happened? Can anyone please explain?
Can anyone help me understand?
https://www.stockmarketwire.com/article/7045312/RA-International-secures-new-60m-two-year-contract-with-energy-client.html
RA International secures new $60m two-year contract with energy client
13 August 2020 | 09:39am
StockMarketWire.com - Service provider to remote locations RA International has been awarded a contract with a large engineering and construction firm focused on the oil and gas sector, which will run for two years and with an approximate contract value of $60m.
The company said that under the terms of the new contract, it will provide integrated facilities management services in Southern Africa and that activity will ramp up over time, with full service provision expected to begin shortly before the first anniversary of the contract award.
RA International said the new contract supports a significant increase in its order book to $188m.
Chief executive Soraya Narfeldt said: 'This is an important contract win for RA International that underlines the strengths of our business and our growing reputation for managing and delivering large, complex projects for commercial clients in the energy sector.'
It will probably rise multiple times in Sep after regulatory approval. I see no reason why rerulatory approaval will not happen. I think they had similar kind of approval in the past for SARS and ZIKA
In the video she was talking about 10million contract. It was on Feb 2019. Now, they have just signed 60million contract. That indicates how good they are doing. I am expecting similar kind of multi-million contract near future.
The free flot shares are very limited 80%+ owned by CEO and COO. PIs have less than 10% (around 6%)
Holder Percent
Soraya Narfeldt 55.2
Lars Narfeldt 24.2
Jupiter Asset Management Limited 6.02
River and Mercantile Asset Management 3.11
Posting for others what @cautionyourblast's summary from Feb 9th. Good one cautionyourblast.
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This is a fascinating one I bought last week: these are some very high level notes - some of which is obvious stuff. Market cap GBP69m, 2,000 employees.
79% owned by wife (CEO) and husband (COO) team. It does construction, facilities and supply chain & logistics mgmt in places such as South Sudan, Somalia, Mozambique and the CAR, also a bit of middle east. So it looks like "barge pole" material, but...
Pros
1. Founded 2004 and has geographical diversity in its projects and is expanding its regions and countries.
2. The management team are ex-NGOs and international development bodies. I suspect this is their life's work. They take modest salaries for directors of a listed company.
3. Barriers to entry in the areas they operate are very high - great as competition for tenders (especially by experienced parties with a proven track record) will be low. Presentation says competition is much larger companies who bid much higher prices.
4. Clients include the US & UK govts, aid agencies (eg UN), NGOs and corporates. High quality counterparts - credit risk managed.
5. Listed for about 18 months, now have liquidity and structure which allows them to tender for bigger projects.
6. Significantly growing their "revenue backlog": It's USD166m at last report, up from USD119m. This is their pipeline. Quite how scientific this is, I am still trying to ascertain.
7. Targeting bigger, longer term contracts with services revenues.
8. Prior year PE is 6. Very low for a growing company with a cash pile an a decent contract pipeline.
9. Cash pile at 31 Dec 18, USD26m (29% of market cap).
10. Dividend yield 2.5% more than three times covered. Expected to increase.
11. CFO bought GBP60k's worth in Dec 2019.
12. Price/NTAV = 1.5.
13. Revenue growing.
14. Institutional shareholders are in (despite the huge ownership by management.
15. Management highly aligned with other shareholders, but see A below.
16. Take sustainability and integrity seriously. Good... and also, this will be good for winning tenders too.
Cons
A. No control at all by IIs/PIs given founders own 79%.
B. Key man risk on founders.
C. Geographies in which they operate, but they are diversified.
D. Potentially lumpy contract awards and potential delays could make for lumpy revenues and volatile earnings.
E. Interims showed margin under a little pressure, but recent update suggest revenue marginally ahead for 2019 and earnings "broadly in line" with expectation.
F. Share liquidity given tightly held.
Surely they'll plan to grow it and sell it?
Constructive thoughts most welcome.
It's strange - Its going down inspite of fab rns
@Franco, RNS will be released if they hold any market sensitive information and needs to be in public. If they have won the contract or lost the contract should be informed to the shareholdrs within some number of hours. Otherwise, they will be voilating the regulartory rules. If its still in progress, they don't need to publish.
About announcing during the buy back programme, isn't good for LTH? New contract definetly pushes the price up.
It should be around 1.75.
It may drop further. I think $360 million in RNS tricked many to buy. Its just eligibilty to recieve based on many factors.
"Redx is eligible to receive up to a further $360 million from AstraZeneca in development, regulatory and commercial milestone payments throughout the course of the programme should it successfully reach these milestones"
In fact, RedX has similar agreement with other company in the past. I don't remember the company name and the amount. It was substantial one. Inspite of that, it was at 6-7p range.
Offer they made in March was somewhere around 15P.
Anyone see another placing in 2020?
This is video from June, 2020. Comparing the current market price and over all value, there is a big disparity. There is huge upside..
https://youtu.be/SaFlx3RX71Q?t=245
This may again go 70-80% like it happened recently.
G-Man11, I thought the same initially. But the Director Deals shows different - https://www.lse.co.uk/DirectorsDeals.asp?shareprice=ARCM&share=Arc-Minerals
Look at the link - Trade Date, Action, Currency, Price, Amount and Number of shares.