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It’s defiantly getting back into that territory.... all aboard.
Sales I cannot help with. From a friend whose partner works there however, her shifts are back to normal.
Initially they were reduced on re-open, however now she is back as normal. Make of it what you will :)
I’m going to assume you missed the question mark within the post I think you’re referring too. Was trying to get my head around the equalisation payment as the post before that was suggesting the 273m was for 40% which clearly it isn’t.
If the question however is in relation to the £1.50 I threw out then likewise I am also confused as 42p at the time of posting to £1.50 is not a 10 fold increase unless I’m missing something. You appear annoyed that I’m invested here. The funny thing is I don’t need a reason or have to explain it to anyone, I shall remain invested and likely even increase my holding until such a time I see fit to do otherwise.
Atb - PP
The Gerald Pontificus version is the one I quoted, has me in stitches every time. Small things please small minds though :)
Hey Fairdealer
There’s an age old video on YouTube called Buy The Dip. Pretty self explanatory and ties in with sheesh and giggles.
Opposing views are great, it’s what makes the market. My gut is fairly accurate overall and so my stubbornness sits alongside it. At the end of the day I’m following my own intuition as opposed to anyone else so on a win I take great joy whilst on the reverse I only have my self to blame both scenarios of which I can live with whilst learning along the way. It is what it is and will be what it will be. We can only position ourselves accordingly. GL mate
Yes and no. Carlsberg are a big name, especially to sit alongside the likes of Marston’s - so yes 60% with a juicy cash payment is plausible for a 40% return on top referencing the brewing side. Positive also considering the current environment.
As for shorting, we’re all aware of the spike it’ll cause when the shorters close and suddenly have to buy millions of shares back including the negative posters. One whiff of unexpected positive news and it’ll turn quicker than many are able to get back in whilst looking for rock bottom. That’s the risk the opposing side take.
What we have here is a failure to honestly and openly communicate whilst trying to buy the dip.
I’m in for a fair bit and will add further on weakness, seems rude not too. Each to their own though. I do not for one second buy into the notion that negative posters are here or anywhere looking out for PIs interests, they are here looking out for their own interests. None of us were born yesterday
Marston’s were £1.06 p/s before Covid took hold and averaged out around £1.20 + p/s for the 5 years before that. Again huge numbers to be throwing around but it is what it is - stick a Carlsberg JV on top and we have to end up somewhere more realistic than 20p per share moving forward. My best guess is that Carlsberg did SPs, we’re looking at £1.50 +
Just pinged you - JS
Would not be surprised if the current sells we’re seeing are from the minority that bought in around and under 3p. If so there aren’t many available for the MMs before they dry up and the move forward continues
Atb - PP
Bearing in mind that the £273m is an equalisation payment for 10% are we overlooking the fact that it values the new venture much higher than both the existing £580m and £200m combined over time ? Like 10x that initial figure
Caution is to be had across the board and within all companies.
The same argument and caution would have been paramount back in 2002 and again in 2009 - the dividing factor between which is was the hold intended for 5 days or 5 years.
As to answer fairdeals question I would expect the dividend to be reinstated within a couple of years tops, and with the SP at that time to then be sat much higher than it currently is today.
As to the divide between bulls and bears I’d contrast it more akin to longs vs shorts - traders vs investors. I can hold through a paper loss now if the end result is an even greater profit later. If anything I’d be increasing my position on weakness rather than getting myself in a twist, you know.
Yes I was just looking for a clearer picture on that. He took another £100k worth back in 2018. Can see plenty of director buys but no sells. Most likely all holding for the forward looking dividends right, I mean who could blame them.
At current SP this would come across as massively undervalued on a forward looking basis irrespective of the JV, that being the icing on the cake.
I love the use of the word could in that statement.
Bulls will be looking at the positive could‘s just as the bears are focusing on the negative could’s.
Time will tell. If I was a chairman on the other have I would not be putting in £50k of my own money if a RI could be imminent ^^
Check his chat history - Says it all. It’s either headed up if he’s in or emergency rights issue at much lower SPs if he isn’t. Absolutely zero substance
Would make sense, and still be cheap in the grand scheme of things.
Not sure how much weight can be put onto sites like Stockopedia but they’ve upgraded our style a few weeks ago.
GL all
Another way of looking at that is that NM currently need around 14p to break even. Obviously with the project going ahead and being successful or sold that figure then becomes somewhat irrelevant
Fortunately Newmont were aware off all this before they also acquired near 20% of the company for $2m via the private placement and payed a premium to the SP back then. This going ahead is also in their interest and there total spend to date is now around $5m
Once the cinemas are open and it’s deemed little to no risk the releases will follow. Am now looking to enter into CINE myself having watched the share for some time. Can’t be far off a staggered return to some form of normality :)
US covid status and AMC is the factor in delay... not Disney releases
Surely the delay in opening is more related to safety measures rather than what Disney are or aren’t releasing and when...
Couldn’t agree more, borderline no brainier
No doubt the Nov 2019 AGM steered Ig’s decision. Wonder whom the 11.35% of (withheld) votes belonged too -
Orosur Mining Inc. (“Orosur” or “the Company”) (TSX: OMI) (AIM: OMI) announces that at the Company’s Annual General Meeting (“AGM”) held at 4:00 p.m. GMT today, all resolutions put to shareholders were duly passed.
AGM Voting Results
At the AGM, a total 44,931,457 common shares of the 150,277,672 shares outstanding as at October 25, 2019 record date the were voted at the meeting, representing approximately 29.90% of the issued and outstanding common shares of the Company. The nominees listed in the Company’s management proxy circular were re-elected as directors as follows:
Nominee
Votes For
% Votes For
Votes Withheld
% Votes Withheld
Ignacio Salazar
38,863,051
88.65%
4,975,326
11.35%
Robert Schafer
43,655,801
99.58%
182,576
0.42%
Horng Dih Lee
43,625,877
99.52%
212,500
0.48%