Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Don't see this moving until there is an upward revision, which may happen by H2. If not hen I'm thinking it'll be 2026 before I'm in the black here. Don't see the risk in averaging down as being very palatable. Too much merde going on in the world.
Seems to be melting away and thus SP easily walked down as illustrated in yesterday afternoons trading. We really need to see something positive in the Q1 results.
Where does the info re the Orinduik data room come from? I haven't seen anything but may have missed it.
Usual blah bah which in the circumstances is gobsmacking. I've sold out here over the past weeks taking a proper kick in the you know whats on the way.
I'm off now down to the bookies to put what's left on the rank outsider in the 3.30 at Haydock. I have a far better chance there than with this pos.
Sorrell controls the ability to say no, he needs others to agree to a takeover as well as him saying yes. I'm not saying it's impossible or others wont want out at any price but I'm sure it'll be a long way north of here before its acceptable to the founders never mind the other buy in participants.
It's not just about Sorrell though. There are many senior people or former agency owners who sold half their business at around £4 per share. Speaking personally, if I were offered £1.50 for something I sold at £4 I wouldn't be to keen, particularly if I believed that the market was undervaluing S4.
It's being tee'd up by Rothschild, no doubt they have been placing all the media stories. Let's see what the papers bring on Sunday. Any bid from here would need to be at 80p starting point I guess. They'll be hoping to bid a bidding war going. Cant see this going for less than £1.
I find it quite remarkable/disheartening that here we are again being played by the market, closing down 8.99% @51.10p on the day, after hitting the days high of 57.5p @08.10am, a 11.1% swing with no S4 company news reported. Where next? Back to year lows of 36p? Nothing would surprise me with this market anymore, nothing.
Spot on mate. It's a joke and disheartening is the right word. But....SMS/S4 has given them this opportunity. When you have a year like they had last year this is the outcome. Good news needed before we can move on.
Level of trading has dropped off a cliff. Shorts gone?
Spectre
Squeaky *** time!
Nothing happening here until some news breaks (hopefully good)
Question is who will be the buyer of the 14.8% AOI stake and at what price. Looking at AOI annual report, if I read it correctly they are holding a book value based on the Sp at 31/12/23 or 11p per share or approx £6m. Seems a pretty small price for someone to pay to access the assets.
Could be a reason for the lack of movement on the SP? That is an expectation that the AOI divestment is an overhang of sorts no matter how it is managed.
These ST stories are likely being placed by one of the players. Either Foxton's or more likely the Foxton's bankers to drum up interest or the unhappy shareholders to do the same. One way or another Foxtons is up for sale, question is, is there a buyer at the right price? My feeling, judging by the lack of movement in the SP, is its not obvious there is.
The obvious answer is they don't.
Really wished they had shut up. SP performance since has been rubbish, from 170 back down to this level, since they made the announcement.
We really need some visibility from Tritax telling the market how they intend to profit from this so far value destroying merger.
I believe the Q1 comparisons will exclude the business purchased in March last year, so Q2 in isolation would be a better comparison.
Got to be worth a quid, surely