Member Info for sasa43

My sentiments, too, Gibdog, fwiw, especially your final para about holding on just in case 'something' does happen to, at least, recoup the - 60% sp drop over the past four years!

That reflects the dismal management performance, especially of late when the tech metal prices we have are so much in our favour - the 'over promising / under delivering' record has to change and the only way to do that is to bring in a professional CEO to really focus on chrystalising Andrada's potential in this favourable climate.

'Good management' is key to getting us out of this ongoing rut of underperformance and that possibility is what keeps me holding on - surely the Instos now on board, along with Gregory Coffee (who knows a bargain when he sees it) will soon act to substantially improve sentiment and / or an approach for the Co. from elsewhere will materially boost the sp to something nearer 'fair value' for all our sakes - sasa.

Yep, agree with that 'solution', TD2 - it's all about management ability or the lack of it.

We need the former to get us really going, asap! - sasa.

Yes, the presentation today was very lucid and encouraging - what an impressive new team we now have in situ, in contrast to the old conservative lot of some two years ago - sasa.

This sort of news is all we want to see after their US listing, to compound the disappointing performance of Wise, so far! - sasa

Thanks for that, BadNew, re: the buy-back programme - interesting... sasa.

Quite agree - Starmer's 'lost the plot' if he ever had any ideas, quite clearly - only the wrong ones! - sasa.

Thanks for your comparisons betwixt Andover and LR, TD2 - very informative & useful - sasa.

Good synopsis, there, BB - your third para is especially relevant, agreed - sasa.

Thanks for relaying this excellent review of their respective outlooks - much appreciated.

I'm in both HBR and SQZ (the latter for quite a few years now) but not Ithaca which doesn't quite hold the same appeal for me, anyway, for the reasons mentioned in the review.

Harbour's done what Serica should have done, too, internationally but, as things stand and with their new, proactive management in situ, SQZ retains a small edge over HBR for me, fwiw but am happy to run on with both in this problematic energy environment - sasa.

RELX is an indirect beneficiary of AI - the integrity of the Co's huge proprietary data base, especially legal, is second to none and one thing AI needs is accuracy in its responses, so no need to bother about that - sasa.

Yep, good post there, rgbuk - just about says it all, really... sasa.

Yep, it does seem that way, DTP - I hope the more proactive Board these days have hedged some more at $100 oil, per barrel and gas, too while prices have been so high... sasa.

"Shareholders should be richly rewarded in 12 months" - yeah, well, why not, after all this time?

'Promises, promises'; AV's good at that but I'll believe it when the sp reflects it! - sasa.

Maybe Mr Geoff Coffey can sort out this messed up state we're in - clearly AV just reacts to events creeping up on him rather than delivering on what Andrada presides over and making it a successful / profitable business as it should be by now. That's what we need - no nonsense management, quite clearly!

Forget about the forthcoming Investor Meet interview - it'll be 'all smiles' that we're on our way, folks but where to at this rate? That would be my unanswerable question to AV but such a criticism would be filtered out beforehand, for sure - sasa.

The 'weak link' here for all of us investors has been poor management for quite a long time now - we have an impressive array of mixed tech metals which, in a climate of rising global demand for them, should have already drawn considerable interest in Andrada's potential but it hasn't so far...

Such growth opportunities require good management to successfully exploit that wealth but so far AV's been good at finding the stuff but nowhere near able to monetise it successfully, as our languishing sp amply testifies to the chagrin of his long suffering shareholders - does he care about that? Seemingly not.

The normal solution to the problem is for the CEO to be replaced if he's not up to the task or another group steps in with a decent offer for the Company to do it instead. Many on here would vote for that, I'd venture - I know I would, after so many disappointments thus far - sasa.

Yep, that's about the size of it, TD2 - 'send more money, Mother; system going well' ! - sasa.

Agree with your recent account of Triton's problems, DTP - it's been quite a restraint on sentiment towards Serica and it remains problematic, given its age, etc., but we'll have to live with the risks for a while yet, I guess, given the otherwise huge replacement cost of these structures.

At least everything else seems to be chugging along nicely - sasa.

I wonder how much 'proactively and opportunistically' since early March they've managed to hedge at recent high prices, as mentioned in the recent RNS?

Should be a timely buffer / boost to their income stream to whatever extent they've done so, following today's 'ceasefire' news / drop in the POO and will the cessation of hostilities continue? A useful 'insurance' element, nevertheless - sasa.

The latest figs and today's news bodes well for further growth & sp appreciation - sasa.

Providing the Houties in Yemen don't try the same closure tactics in the Red Sea (another 'pinch point' exit there, too) - they're an Iran proxy regime operating there as well - sasa.