Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
It certainly has a strange feel about it, though nothing mentioned in the Feb RNS. "The medium-term outlook for all of our markets remains positive."
I would have though directors would be buying at these levels. The sells in June 2022 at 140 look shall we say well timed.
Margins here and the general construction industry in general are very poor and subject to the unknown issue (e.g. Costain and A-road upgrade). Housebuilders are probably a better bet, having said that I might trade between 65 and 79.
I suspect it's the same/similar method as described 2 years ago here: https://www.constructionenquirer.com/2021/08/02/hs2-to-pioneer-3d-printed-graphene-reinforced-concrete/
Agree - was expecting to read something bad based on the share price reaction. Debt not great, but then they have been doing acquisitions. Certainly not selling on these results. Regarding outlook, a new CEO is always going to set expectations on the cautious side.
'1Spatial, a global leader in Location Master Data Management ("LMDM") software and solutions, is pleased to provide an update on trading for the financial year ended 31 January 2023 ("FY2023").'
With a 7.5% fall in the share price, the market is not pleased - seems a bit harsh to me.
I tend to agree, but they are still picking up new clients and they are making more money on customer cash balances. Some of the competition are pretty poor too (Fidelity, Abrdn to name just two). I have had multiple trading platforms and I can't say I would recommend any of them. They all seem incapable of doing transfers without taking ages or getting it wrong. As a country, we are meant to be good at financial services, it must be awful elsewhere.
I'm starting to get the impression this will always be promising jam tomorrow and always sucking more fundraising from punters. I'm glad I sold most on share price bounces and will look to do the same for the rest if that happens.
Yes - as I understand it. Though they have issued about twice as many ADS shares at $2.17 as well as the ordinary shares at 90p.
They say vaguely - 'Certain purchasers, as well as each of the Company's directors and executive officers, have agreed to enter into lockup agreements, which each provide for a 180 day lockup period beginning the date of the SPAs, subject to customary exceptions'.
A nice stitch-up of existing shareholders.
The order book at 31 December 2022 is expected to be c.£10.1bn, an increase of c.3% from the year-end position (FY22: £9.8bn) and significantly higher than the prior period (HY22: £8.0bn).
That significantly higher is 26.25% - sound better. Share price this time last year was over £1. In any business where the margins are not so derisory (3.5%) the share price would be up 20% or more on this news.