Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I think that the message in the RNS was pretty clear
The issue goes beyond lost revenue. What do you do with an acquired company that cannot pass tech/quality requirements? It's a barrier to entry for a seat at the table in this business. Lives are at stake.
I'm 40% down so I'm not deramping but best to be realistic. Worst case Wendys becomes a recurring loss-making business - hence the strategic review, rather than a shrug and a "we will keep trying" type of message.
Many PIs don't have the patience, or financial ability to stay invested, to reap the rewards here. Buying now I think will yield a very attractive profit in 12 months. It is clear that case numbers will increase going forward but equally or more importantly the quality (yield) of cases accepted will improve as cases can be cherry-picked for profitability and time-to-completion.
I think that a takeover would be a bad scenario for holders here. The money is to be made by compounding %s over the next 3-5 years on an increasing share price. For me, at least, a one-time profit on a takeover event would be disappointing.
What is the psychology behind 'chasing losses' on the same company share that you already made the losses on, when there are literally thousands of listed companies to chose from? Isn't the overall objective of a portfolio to produce a certain target of gain irrespective of which investment it's made?
I see PI's here buying at low prices to somehow nullify previous mistakes (high price buys).
Is it pride? What is it?
Why not sell at a loss, take the hit, and find a company that has more potential.
I really don't understand the psyche.
So many investors seem to be way too forgiving of Boohoo's managerial incompetence and lack of vision. It's too difficult for this company to transform itself from a great small company to a good mid-size company without a complete change of executive management. This is going to stagger and stutter always a day late and a dollar short.
With DX generally focused on the premium segment of the market there should be headroom for absorbing cost increases or even increasing prices to offset costs. Interesting that Wincanton's challenge was in the construction area, where DX does not play.
Restaurant Group sees strong like-for-like sales. Sales £216m vs £227m for 27 weeks to July 4th. And should be stronger since then.
Brewhouse and Kitchen (23 pubs) sales up 16% vs 2019 for the last 8 weeks. Positive performance across its entire estate.
I just topped up City Pub at 115p as I'm encouraged by these pieces of relevant news.
Does anyone know why a joint broker would be appointed (does it suggest that the single one has competence, priority or capacity problems - if so why not drop them?), or does the second broker have a different value to add?
And then ... is not reasonable to expect the company to explain why a second broker is appointed, assuming it's important enough to warrant an RNS?
Mine too with AJBell, the full amount I asked for. showing in my Portfolio screen as you describe. I am not sure whether this is firm, or subject to a reduction in the allocation process. I have been a shareholder since February.