Member Info for Pie314

On the basis that the price has been spiking upwards and guidance SP of 40p or 50p when secondary funding is achieved then surely the bulls win here? Any fall in price is an opportunity to buy? Common sense, especially after going over 10MTpa agreements which can only help with getting a good deal - which is the real issue. Also getting a deal by the end of April surely allows for an RNS first thing on 1st May??

What would we/they sell? The business, the plan, the nearly finished mine and the opportunity to sell polyhalite for the next 100 years at incredibly low costs per ton of material!!! It is not like steel furnaces that once switched off cannot be switched back on. We are talking about brunel-like engineering here.

My guess is that about £5 is a rough SP to expect when the revenue is coming in, although of course there will be volatility as the initial levels of production and sales occur. I know that we need to see how much dilution there is, but I did back of fag pack calculation that suggests that there will be the odd year in the life of the mine where the dividend will be close to £1, with variation in EPS almost wholly due to variation in price of the product. In which case might get to SP of £10, or more if Sirius then diversifies with all its free cash, which is actually a very probable proposition.

See video on proactive investor. This company has a ton of cash and has managed to get to 230 barrels per day without spending shareholder money! They have lent money to Proger which is a very safe investment in a company that has aggressive growth plans and Cadogan gets interest or a very generous share in a hopefully considerably expanding Proger. They are drilling as part of a licence agreement so that will also be interesting as will finish in April. Havent finished researching yet. But going to dip toe in.

one realises that not only are most of our politicians and EU politicians especially are chosen for their inability to think outside the box, they don't like thinking outside the box and they are not normally allowed to think outside the box.

The long term result of this is the need for tectonic shifts to redress political imbalances. At least half of the problem is that the mindset generates confirmation bias that their views are also economic ones instead of saying "I haven't got a clue" or at least "it is extremely complex".

The political imbalance is real, but the last people to see it are... politicians.

Yes but the correction is overdone. TUI will be able to focus on areas of losses and improve, and they will be able to focus on areas of growth. They are a global business, well positioned to expand. When they took away the guarantee of 10% growth for next 3 years they were being honest that they couldn't guarantee it, and I commend them for doing so in uncertain times. However IMO they will still achieve those levels of growth.

Ex dividend is 13th Feb. Payment date is 15th Feb. Can't say fairer than that. Also according to Graham's valuation the company is undervalued by 160%.

Sorry back to £11.00, and I get £0.63 on the way up. It was a good investment before the "bad" news. This was NOT NOT NOT a profit warning. Onwards and upwards! Oh yes and Germans still get the perks. We can't have them as it is not legal.

I think the news was good. TUI are very honest and are biting the bullet and working out a new direction.

It is 63.1 pence a share. If the share price was £10 then a dividend of 63.1 pence would be 6.31% paid all in one go! At the moment it is at £9.55 so the dividend is even better. I believe the SP will rise tomorrow, the last day before the share goes ex-dividend. I am in for £30K so will get a £2K dividend.

This is WELL oversold. TUI is an international company so much less exposed to brexit than most people think. I think the news wasn't even news! TUI came down from £16 when the main news came about cruise saturation. People will still want good holiday deals AND TUI will be in a STRONG position to reassure customers as it is GERMAN based and has high street presence all over europe and the world!!

https://www.statista.com/statistics/266690/tui-ag-employees-by-region/

I think it will get back to about £1.10 very quickly, and I get 63p of that any day!

The company is recession proof: people want cheap holidays when money is tight and TUI can deliver and owns airlines. An incredibly flexible company.

Hello HawaiifiveO, I was thinking it might be good to do a comparison between TSG and XTR. Could play well in the long term? Anyway let me know if you have any banter. Might see you at an AGM?

Oh and will put on the XTR forum too :)

I can't believe the valuation of TSG. It is only a matter of time before this company is completely revalued as a stock with growing dividend and EPS!!

Any downsides? Please let me know. Anyway I have put some in my ISA and it is only a matter of time.. Oh yes and I'm in for the special dividend which is a bonus.

Hi remember me, I finally sold out of XTR, at least in the short term. I got fed up with CB being impossible to get hold of, somewhat because of all his other businesses. I hate the websites that all look the same and thought the way bezant (another company he is connected with) was presented was misleading. I am still interested in XTR and will look to get in at a lower price if possible prior to the next quarterly update. I might even make it to this years AGM and ask him to get better at the above.

I cannot believe the valuation of TSG, or the PE ratio. (Trans-Siberian Gold) They are going ex-dividend tomorrow with a special dividend of 5p. As stockopedia rightly says it is a super stock! If I get time I will go a comparison with XTR on the TSG forum.

IMO because of the quality of the BOD, the relationship between them and the locals many of whom are themselves now shareholders, and I believe that the objective to deliver shareholder value is genuine.

Looking for clues in the recent presentation, the list of potential sources of capital is: Strategic Partner, Completion Support, Structured Capital, Capital Markets. Even the latter is convertible notes prior to equity as (I think) the last choice.

It will be interesting to see the progress, also the market interpretation which I think is not factoring the upside that there is confidence that stage 2 financing is going ahead, or that this is a world leading project which has already attracted and will continue to attract potential partners, such that the bottom of the list will never be reached. Anyway have a look at page 18 of the November presentation on the website if you haven't already and GLTA.

Thanks JDAU if you could summarise where you're at it would help. I lazily looked back at your posts but maybe I should have done better. Anyway thanks for looking at the detail. I did it a while back and kicked myself that I couldn't get to the AGM. I've just topped up so I'd better try to keep my skin!

As I recall Andrew was the first to point out that the deals with the contractors were not so great. I predicted that this would improve and this has now happened in my opinion.

Personally I wouldn't price in the potential of XTR yet beyond this mine :) However there will come a point where as the mine matures a restructuring of XTR will be expected by shareholders to pave a way towards future opportunities. It is clear to me that we are nowhere near the full potential of Manica yet, and I would want to price that in. 5p and 10p were my two thresholds when I looked into the detail. To be honest I would have to go back and look at calcs again.

Andrew, thanks for your input which I have enjoyed and welcome. However being skeptical has nothing to do with being let down many times before. The latter is an emotional response with which I sympathise. JDAU a suggested way forward is to discuss a range of figures so that you can at least agree to differ.

My diagnosis is that the pessimistic and optimistic voices are both realistic and I am grateful for the more knowledgeable ones that have helped to inform me. Even the optimist needs to know that when they are in AIM they are on a market maker merry-go-round and even the pessimist needs to know that compared to a lot of prospective mining stocks this is an operating open pit mine with improved fundamentals, consistently increasing gold production, improved relationships with contractors. It is getting quite easy to expect that we are at the bottom of a REAL production peak curve, not one of those silly ones that happens long before income and profit. I am glad I am holding on this one, and I even topped up today. GLTA.

We are now in the right territory for something or someone to come in and make a mockery of the current market cap. Hang on in there. I've topped up, am cautious because it has been an exercise in patience even though I only joined the party when we switched focus to Manica. I will make further top ups when more good news comes in, which it will.

Nexus agreed because they know that this mine has a great underlying NPV and they want to be part of it. Great posts JDAU and Hawai5O. It hasn't been easy being patient with this mine but it will pay off. I am topping up today because I think there will be positive movement and it will start to feel like we didn't get in early enough :) !