Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Is anyone remaining here here as a shareholder or I am the last man standing? If so I can understand why!
The Finals on the 8th May will be interesting. This SP is up and down, reminds me of the time I was in Quindell, I really hope that there is nothing waiting to bite us in May here as I cannot see any reason for the volatility here. Anybody else have any ideas what is causing this volatility? Looking at the Broker guide lines [and who believes them?] the best we could hope for is around the £2 target.
I hope this so heads north for a bit, if we are still at this level or lower when it goes ex divi another drop heading this way. I really don't understand the big drop over this past few days, any ideas anyone?
Hope you didn't buy any yesterday seeing the SP reaction this morning. I believe that this is overdone, if you add back the one off hit to the profits of I think £11.1 million that makes far better reading. Assuming the rest is fact and that was a one off then this year should be better. At least they have shown confidence in that by retaining the dividend.
Hi Copout, I was thinking the same thing. I was surprised and delighted to see the gain over the last week and am hoping it is to do with the finals next week. Good luck to all loyal holders here.
Hi Copout, me too re the "underwater". I don't understand why when you look back at the Director top up in share purchasing they are either all barking mad or they know something better than the SP is leading us to believe, what is it? Because of this question I have continued to have faith in this Company, but have to say that this is being severely tested now!
I think to hold, the Directors have been buying at higher prices and the dividend has been increased. There were some special items in the expenditure which should wash through for next year and if they can keep growing their sales it should come right. But as we all know to our bitter experience that does not always happen. I personally shall hold, the dividend is decent enough and the upper levels of sp are encouraging. Good luck!
Looking at Core itself with an un audited nav of over £0.80 and a initial payout of £0.35 when does anybody think the balance will be forthcoming, and what do they think the balance will be? I have to say that overall I am disappointed with the overall return here, we were very lucky to strike it rich with one company, that together with the tax relief upon initial investment should produce a decent overall return for the investors. However when you look at the comparison tables with other generalist vct's the return has been poor.
We must be about to hear about the BOD's proposals this week to return some of the money from the sale of Kelway, only eight weeks to go until the apron AGM, they are not giving us a lot of time to digest the offer?
What is the feeling in the camp now we have some trading results, any upside here at all or are we going to be dragging our feet for a while?
I see that there may be a return visit by Dragon after the 1st March, a week after the production of results. I have been here for so long now and am still awaiting for the promised land. I have to say that I am disapointed with the Board's performance lately and it would appear that they have been reluctantly kick started into action by Worldview. I shall be glad to see a re-visit here and the opportunity to minimise my losses and put the money somewhere where it will earn some money!
I see last year these were published 18th Feb, not long to wait. Anybody any idea what we may be looking at here?
I am surprised that no one has picked up on Worldview's intention to sue PCI. Is this because no one thinks it is important or that it will not have any effect on the SP? It is a shame when a large investor is ignored by the BoD until they receive a threat. This whole affair will be a waste of everyone's money, only the legal teams will make anything here. We will just have to sit and await the update to the markets, IMHO I think we have a long wait to see any rise in the SP, the pay out from Algeria is not going to happen until late 2018 at the earliest, meanwhile are Egyptian assets are always at political risk and nothing seems to be happening to our Italian assets.
A nice rise to above £3 this morning. hopefully a sign that this may start to move back towards the £3.50 mark.
I wonder where the base support level is for this dog now, will it get any nearer to the £1 level?
Sadly my intuitive feelings last week turned out to be correct. I just wish I had followed those feelings instead of thinking long and hard as to the reasons that I invested in this share all those years ago! However with the live price now down 32% it is too late to bail out now and hopefully this over-reaction to the news this morning will wash out of the SP. I just hope the BoD will get their brains and backsides into action and push this company and it's SP back to the place it should be, i.e.. above £2.
With the current level I bet Dragon are wishing they had gone the hard way and purchased PCI at a lower rate than that suggested. I have a feeling that the low sp is predicting that PCI will not be taken over by Dragon, if that is the case for me personally I fell it is a shame. The buy out price would have got me to just below cost and would be happy to put my money where it can pay out a return/divi quicker than the long wait here. What happened to all the black stuff oozing out of the hillside in Kurdy? What happened to Italy, what is happening in Algeria? The BOD are very quiet, I fell very disappointed about how we have ended up in this corner with a sell out like this, but if that is the case lets get on with it please.
At last, the Irish Take Over board have given Dragon until 19th December to make an offer, if not then they have to withdraw for 12 months.
Inundated with RNS still showing banks etc. going short, why do they think the sp is heading south still or am I totally getting this wrong?
With the innovative A & B shares here, what does anybody think we will get as a special dividend?