Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
"and the board has been ringing around investors last week assuring them there won't be another profit warning and that they'll hit the revised targets of 20% growth this year."
Where do I find the source for the above?
The chair gave her message only days after the surprise warning. She "expected" it to bounce back. Let's hope she is getting better at DD. I just hope the company is profitable and cash generative on a monthly basis.
Ann Cairns' recent article in the Sunday Times left me feeling rather uncertain about her grasp on the current situation. Confidence is paramount in the world of FinTech and banking. With Cab Payments making negative headlines and causing a significant plummet in their stock price, it's quite likely to rattle clients with substantial account balances. A sudden surge in customer withdrawals could prove disastrous, especially if their investments in debt securities lack quality and appropriate maturity dates. Net Interest Income remains a crucial revenue source.
Furthermore, it's not entirely clear how the recent increase in headcount over the past few months will impact the underlying cost structure moving forward. The market is now anticipating a substantial drop in profits for the second half of the year. It might be prudent for Ann to reevaluate her position in light of these developments.
The recent update undeniably prompts a critical examination of the competence and integrity of the CEO and Chair, and this substantial issue emerges merely months following the IPO. It is my sincere desire to witness a substantial acquisition of shares by Anne, who, I imagine, must be experiencing considerable discomfort amidst this regrettable episode.
"The big fund that have holdings from before today will be the ones sweating bullets with the 70% drops, considering how bad the market has been for the past year.
They will be averaging down like mad to get an even boat."
Professionals don't average down.
Very interesting. I wonder how long it will take brokers to fill the large sell orders! The recent valuation failed to account for income volatility. I feel that there is still more downside in the SP before it hits a floor IMO.
Given the current rise in Gilt yields and the significant slow down in subscriber growth, I tend to agree that we are unlikely to see the share price recover anytime soon. Would be very surprised to see the price below £6 given the cash generation robustness with platform businesses. However, expect it to hover in the 6's while the current macro conditions persist.
Probably a fair price now. Significant cost base will hold back share price for some time.
I also invest for dividends and dividend growth. If one of my investments stops dividend payments, I always sell. If they cut the dividend, I will need to consider if the new amount meets my hurdle rate and looks likely to grow going forward.
Tom
Looking at the company again, don’t you see any value point? Net debt plus current MC gives Enterprise value circa £3.25BN. Less than 1x Revs. Some debt reduction in the past 12mths but probably investment going forward will mean debt rising. However, net debt is very modest at present. Looks very interesting to me now after last weeks fall.
The company does have a net debt position which of course was very low given FCF. BUT, all cards are now off the table and this share is very high risk. EVR fortunes are highly geared to world events, revenues could easily fall a very significant amount in 2022.
It’s a pure gamble right now.
I don’t post often, in process of rebalancing portfolio. Would not be surprised if a significant market correction happens. When it happens, it’s not nice but I don’t tend to sell and leave because I am a useless trader. So to answer, just researching a few stocks and reviewed only very recent posts.
Found his comments relating ITV to retail interesting. That’s all - bye
My view - growth will be slow but consistent. ITV have a long way to go, however they do own significant IP which should underpin the share price. I am trying to decide if the dividend is sustainable or will the board decide to try and turbo growth and require the cash for the growth plans. If I invest it is solely for the reason of a diversified income portfolio which is currently media light.
Toms comments have been interesting.