focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Saw that. Interesting if true re the partnership for phase two trials
After tuning in to the excellent youtube stream the other night i have read and reread the pages on GGPHelp and have to say what a great site it is. Whilst being informative it doesnt try and ramp GGP so you really do make your investment decisions based on cold hard facts - combined with Newcrest and GGPs own website and the multiple excellent posters on here, you really have everything you need. Anyways the point of this post is that if you were one of the 250 + who tuned in to youtube and you thought it was excellent as well, then you can buy the guys a virtual coffee for £3 on the site to help support their costs - just click on the coffee cup - its the least you can do. https://ggphelp.co.uk/
I bought some.more TLSA on the NASDAQ instead.
TLSA up 17% today with 25 mins to go to NASDAQ close
Up 40 cents premarket in the US and now positive in the UK now
we're all on the youtube channel https://www.youtube.com/watch?v=CK1JHZHa5l0&feature=youtu.be
Theres a Youtube channel live streaming from 2030
https://www.youtube.com/watch?v=CK1JHZHa5l0&feature=youtu.be
https://www2.asx.com.au/markets/trade-our-cash-market/announcements
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at Newcrest Mining (ASX:NCM) and its trend of ROCE, we really liked what we saw.
What is Return On Capital Employed (ROCE)?
For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Newcrest Mining is:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.092 = US$1.1b ÷ (US$13b - US$818m) (Based on the trailing twelve months to June 2020).
So, Newcrest Mining has an ROCE of 9.2%. On its own that's a low return on capital but it's in line with the industry's average returns of 9.3%.
How Are Returns Trending?
Newcrest Mining is showing promise given that its ROCE is trending up and to the right. Looking at the data, we can see that even though capital employed in the business has remained relatively flat, the ROCE generated has risen by 30% over the last five years. Basically the business is generating higher returns from the same amount of capital and that is proof that there are improvements in the company's efficiencies. On that front, things are looking good so it's worth exploring what management has said about growth plans going forward.
Our Take On Newcrest Mining's ROCE
In summary, we're delighted to see that Newcrest Mining has been able to increase efficiencies and earn higher rates of return on the same amount of capital. And a remarkable 118% total return over the last five years tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist.
Link here https://simplywall.st/stocks/au/materials/asx-ncm/newcrest-mining-shares/news/returns-on-capital-an-important-metric-for-newcrest-mining-a
You cant trade what hasnt been listed......... Once Accustem is listed depending on your broker you will either get the shares or you will get the cash equivalent (T212 currently will not be adding the shares to accounts, they will add cash - although that may change the longer the listing takes).
One more time - Accustem has not yet been listed........
Shorters gotta short!
I use T212. Its easy to use. Had some delays in trying to buy (but who hasn't). I have the share account and my wife has the stocks/shares ISA. App on phone is good, easier than desktop, and the fees suit me.
Thanks Roker - nice to hear some of the "behind the scenes" thinking to how that sort of interview is thought through. It gives us further assurance to what we bought into.
try one more time - quotes by ************s - if its asterisked again im not trying again!!