Member Info for Saab93se

“£30m revolving credit facility with HSBC UK and NatWest committed until July 2026” -definitely not going bust this year or next.

I’m one of 323,000 followers of the MusicMagpie Shop on ebay. They’re eBay’s biggest seller and a quick look at completed listings shows business has been booming. Aside from the dirt cheap valuation, that’s my incentive for buying.

I know it’s considered “uncool” to look at broker ratings but Canaccord Genuity have today upped their target from 145p to 160p. Just saying…

I’ve got enough invested here that a penny or two would be fantastic

The RNS has landed. How will it affect the share price now? I have no idea but glad that I’m in.

Rogue Trader highlights the increased longterm debt and reduced cash & equivalents, and completely ignores that this has been displaced with an increased value in property, plant and equipment and 5 million hours invested in the Mara Rosa project. In 2024: “New Mara Rosa mine set to produce 83,000-93,000 ounces of gold at AISC of $1,090-$1,120 per ounce”. On time and on budget, to increase Hochschild’s output by over 15%. Yet the guy in the video says: “This new Mara Rosa project, you know, I can’t really see that really making all that much of a difference…” 😂

Stargate, what will happen to your bearish parallelogram if an RNS lands within the next few days announcing the first gold pour of the Mara Rosa project?

I agree. Market cap under £350m is too low. Deserves to be priced higher, especially after an extremely encouraging half-year report. Around this time last year there were director buys at over 90p.

Isn’t the free float too low for share buybacks?

I’d also be interested to know the total average AISC for each metal as the cost and quantities vary so much between mines. Looking through the June 2023 interim results, Fresnillo’s biggest source of revenue is gold mined from Herradura (59.4% of all gold by volume and 26.5% of total revenue) with an AISC of $1390.22/oz during H1’23, down from $1755/oz during H1’22. Fresnillo’s namesake mine produced 22.3% of their silver with an AISC of $15.27/oz in H1’23, up from $12.52/oz in H1’22.

In today’s news: “Huge data leak dubbed the

'Mother of all Breaches' sees 26 BILLION records leaked from sites including Twitter, Linkedin, and Dropbox…. The biggest leak comes from Tencent's QQ, a popular Chinese messaging app which had 1.5 billion records in the breach.”

If this affects Tencent’s stock price, the NAV of this fund will drop further. I’m not currently invested (last sold around 210p) just watching with interest and will buy in again at some point, hoping for low 180’s.

Gets a mention in the Mail Online:

https://www.dailymail.co.uk/money/investing/article-12959197/JP-MORGAN-GLOBAL-CORE-REAL-ASSETS-One-core-aim-giving-steady-stream-income-investors.html

“Barclays raises Hochschild Mining price target to 125 (105) pence - 'overw.'” - should help claw back a few pence in the short term 🤞

Trouble in Ecuador threatening to spill over into Peru? Silver struggling to hold $23.

“Chinese regulators announced on Friday a wide range of rules aimed at curbing spending and rewards that encourage video games, dealing a blow to the world's biggest games market, which returned to growth this year.” (Reuters.com)

Tencent is 11.2% of assets (stock price currently down 13%), NetEase 4.1%. Will be interesting to see what the impact is here.

There’s too many speculators hoping the divi isn’t sustainable and telling everyone else to think likewise so that they can load up on the cheap.

A downgrade after the last update in October or after next update in January wouldn’t be unreasonable but this stinks.

They knew full well retail investors were buying into the rising silver prices and chose this as the perfect moment to crash the share price. 12m sells to under 1m buys on Friday so they’ve probably already done their short selling and are now profiting from a self-fulfilling downgrade.

The cost of Card’s store wages have gone up about 10% every year since 2015 and property costs have gone up by a similar amount, greatly outpacing revenue growth in the same timeframe. Busy stores and small price rises here and there may not be enough to prevent a profit warning imo. Hope I’m wrong.

The price of gold and silver dropped shortly after 4pm on Friday to the same price as October 31st and Hoc too revisited the share price of the same date, so it could be tracking precious metal prices. However I would’ve thought the increased profit Hoc will have made over the last month of raised silver and gold prices should’ve countered a complete reversal to the former price.