George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Just noticed the stock price move late today on good volume. Has that rather warm feeling of a counter bid coming doesn’t it?
Could be. Im still hoping for another big bank win. The real problem for CMS has been the weaker Euro. Maybe if it starts to strengthen we might finally get some upgrades.
I read all the thoughts about breakouts etc, but shares dont normally move like this unless there's something going on. Another 100k traded this morning
I've been a fan of this for a while but have given up commenting on it thinking my bullish comments were doing more harm than good. Starnge move over the last few days though -it's not the first stock one would buy in these markets. A new contract win would go down well if that's what's moving it. Anyone any ideas?
I also like this company, the multiple is too low for a group which is able to work with some of the bluest of blue chips. The fact is though that these results were (on earnings) well below estimates that seemed to have been officially sanctioned. These estimates had earnings of 5p and they came in at 4.62p. I'm not exactly sure what happened there - number of fully diluted shares maybe? Great that there's no follow through and that we're not seeing downgrades for 2015, but this was sloppy and it's not surprising the stock price has been punished.
Writing down old goodwill is really not an issue, coming in with earnings below recently sanctioned forecasts definitely is.
I'm new to this stock but I'd have thought you don't make double digit margins (as this company is aiming for) by just printing cheques. I bet they're going to save Lloyds a fortune as well. BTW have you noticed how much old economy junk mail has started coming through the letterbox again?.
Watched it all the way up and now back to where we started - familiar story. Tough times in the shipping market and longer term charters are very weak. Still think this is a great play on even just a gentle world recovery. Maybe a long termer this one, but I'll stick my neck out even further and say a year from now it could be a lot higher. (Classy sale that though Mr Really)
John Dragnis getting the top job is just what we want. Still think Baltic Dry index is most important though - good news that the BDI is holding up even as we start to fret about China. Nice signal that.
Always dangerous to say - the shares look dead set for a run
This should be a link to the Panamax chart. It's made a start but there's a long way to go....... http://www.investmenttools.com/futures/baltic_capesize_index__baltic_handymax_index__baltic_panamax_index.htm#handymax
Mmm, not sure on the div. You see the scrip? That' was a dumb thing to do. But the second we see charter rates rising this share wont look down. 250p next year?
Results not too bad? Keep an eye on that Baltic Dry index..... it's ticking up
You sure it's not better to buy when the baltic index is at a low? I've tried buying this stock when the index is at a high - and that definitely didnt work