Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I do not know what you have in mind for CD and R to do the company down. And everybody is after profit. I do not know why you suggest CD and R are short termers in Sig. But I imagine CD and R will seek to crystallise theirs at some stage somehow. Maybe years away.
Yes indeed. Anybody remotely unsure should heed Mick's comments and invest somewhere else or not at all. Myself, I am waiting on a trading update. I just think there will be one along. It may be inline with their last update, or it may be absolutely terrible.
Liberum has 420p on it, as per post prior to my last on analysts. My error.
That's not to say it's a no hoper mind. That's why I am still holding at a loss. Something coming out the bag with results maybe.
Seems to me MXC will do what they want with it. Nothing would surprise me with them. I hold, but wrote it off ages ago.
On analysts, I have seen nothing beyond this.
Citi. Buy. 282p. Wickes joint broker
Deutsche Bank Hold 300p. Wickes joint broker
Peel Hunt. Buy. 310p
Liberum. Buy. 360p
And, to repeat:-
There is a first half trading update scheduled for 22nd. July, and the results themselves on 16th. September.
On perhaps the other side, the chairman and a non exec have bought at £2.50.
Still many sellers, but buyers too. Has been trading pretty flat. I am in, small profit, in the hope/expectation that sellers will ( eventually ) be gone, and there will be something of a rerate. In my opinion only, it may take some time, and then only if you believe in Wix continuing as they have started.
I do not go around name calling.
There is as you will know nothing in Sigs financial calendar, but I think it likely perhaps early July.
We shall see if it is at least in line with their last trading update. In that connection, burbling on about the economy being a different matter, I asked Mick what info he has specifically on Sig to justify his assertion that the directors of that FTSE company have not reported objectively to shareholders, and the trading update is biased to the extent that it cannot be relied upon as truthful at the time it was made.
I can pass on much, such as referring to trading different shares as being "in and out of the markets like a yoyo giving up any potential profits in fees." Something distinctly lacking there though.
I believe you said you told your broker to sell much earlier. He failed to do so. You did not notice that, and you accidentally sold at the top.
I don't buy it. Rest on here can if they like.
Just you and me here, talking about nothing much of interest. For the board, what is your new info on Sig trading, since their last update.