Member Info for Scoobydoo321

If anyone is interested -

https://www.youtube.com/watch?v=luf0gk4NFjc
From 1:02:33
Edward Shing - The Idle Investor in Stockopedia gives his reasons why he has invested into ATYM

Note the AISC is incorrect - it will be higher which Edward has subsequently revised (video was done in Feb 21 before results came out).
However, in consideration of current copper prices, ATYM will be spilling free cash flow.

Anyone know the reason(s) for the relatively negative sentiment on JAY?
Given progress made + US eximbank LoI - why the fall back to this level
It does not make sense.
I do not see any large outflows - so no II and all PIs

@tollbar - what time frame for your target price ?

Target Price here - it will not be 1200p
since there was a fund raising in 2020.

However 18 months, 1000p - on the prudent side - is very possible, given:
- Self help for ecommerce
- Self help for China market (barely tapped prior to 2020)
- Sorted out Korea market (had probs in the past with grey market)
- new designs / collaborations
- self help in costs rationalisation in 2020 - follow on benefits for 2021 and beyond.

Company is on full turnaround mode. Given the level of self help it has available - there is ample scope for it to improve margins and volumes of products sold.

Ade - my two cents on that is
I had the same prob before - now - i ask myself is the entry price 2%-3% (whether before the trough or after it) near what i define as the trough?
If so - I'm happy and I buy in.
U can never time it perfect in any case - so why bother.
In this way, I am less inclined to miss the rebounce (which I have done many times on the past).

What I meant was in the event that PFG are ordered to close shop (I hope not, competition is always good), then MCL's market share will increase enormously, putting MCL in an even better position. So in short, all to play for.

For Results day - I reckon Paul Smith should reassure the market. It's obvious that the market is nervous about what happened to PFG. With lockdown - 1 week away, the SP is has suffered negative sentiment after PFG. However, the mad thing about it - is that PFG have only fallen circa 15% from where they were before the FCA annoucement. i.e. they were at 259p - and now they are a 227p.
Here is the peculiarity - at the time MCL was circa 67p
Right now MCL is at 50p offer price
Huh??????????
so MCL has fallen MORE than PFG when:
MCL have not been accused of anything
Had Baroness Finn on board for two years.
Trustpilot reviews are excellent for MCL.

Therefore, I believe MCL has been massively oversold.

If PFG home credit division closes shop, then MCL's market share will increase enormously.

The recent move away from growth to value stocks has not helped HCM. The rotation has affected quite a few biotech / bioscience co.ies

At least Hogg's interest is aligned with shareholders given the no. of shares that he is holding. So unless he personally wants to get diluted at a compromised price, for the next fund raise, he will have to get a listing FAST on an Asian SE at a price which is worthy. At the mo. there is zilch sentiment on Nasdaq.

Hardest part is roll out - but once acceptance by the big boys - MODE might become the de facto standard in a few years time - a real real threat vs mastercard / visa (tho they will likely be taken out by then with TO).

On the retail side - my mind keeps returning to topcashback.co.uk and quidco - i.e. if these two companies managed to set up the network of retailers / online shops providing win-win to shops and attaining the clientele base of consumers so well, I see absolutely no reason why MODE can not replicate this in this day and age (with zoom / email / software etc).

So consumer side - acceptance wise - as MODE keep alluding to - they have to incentivize consumers with benefits / discounts etc. Should be no probs.

On shops/ business side - it's all about costs, ease of integration, will it bring in the customers etc.

Overall, with current MV of < 50mn with their management team on board - risk : reward ratio very favourable.

Just a lot of cr appy churn at the mo.

Chris - you're right mate
very likely to be

Last 3 years - Q1 TU
16/4/20
18 Apr 2019
26/3/2018

No doubt that Q1 will be brilliant.

Looks like an II is buying heavy - on 1/4/21. Let's hope buying continues - once these sellers go - SP will rocket

CAPD goes ex-div in 2 days. Anyone considering buying - might as well buy in asap to get the 2% circa divie

https://www.mining.com/copper-price-jumps-as-chile-close-its-borders/
5/4/21

Webinar link -
https://us02web.zoom.us/webinar/register/7016013977522/WN_anEDYN4dT9iMKM2_EZRdfA

Bed and isas - rolling over some big volumes.
Perhaps we can see a move similar to TRX's on 1st April?

https://www.mining.com/copper-price-jumps-as-chile-close-its-borders/

Covid in Chile - not good.
Leading to rise in Cu prices

Per my notes with Jay's interview with Paul Hill around mid March

All to do with POST YE 2020

Capacity for nottingham
10.5k tests a day
can easily increase
not increasing for time being

mobile activities
1000-1500 tests per truck
1 mobile trailers looking at
not announced YET - but may soon announced
only 1 was the one with oxford nanopore at the time
now - maybe more?

california
san diego
up to 5k tests per day
start with 1k per day but we are going to get to the 5k

@nlondon - if I am not mistaken, Jay said 10,000 tests a day in interview - that's the scope they have at their nottingham lab.

@SteveV - the new LFT Anitbody test - is it actually qualitative? - i.e, can actually measure the precise level of antibodies? (I was aware that RENX's Kintaro Covid test (FDA approved and marketed by EKF in Europe and UK) could do this. In addition, Roche had something in the pipeline.

MTR SP has not been here since May 2020. So I would not expect to be at this SP long. Absolute bargain price. At these prices, the risk : reward ratio is massive. Now we just wait - that is the hardest thing. Sit on our hands!

There is a reason why ARCM recently did a deal over Kalahari Copper Belt + POW are drilling at the KCB. They all know what MTR and Sandfire know - there are shedloads of high grade copper at KCB (yeah I know PJ was ex-md of MTR).

In addition, in a few months, final results will come out - and given its' a snap of results as at 31/12/20 - when commodity + gold prices were very good - MTR's NAV will be substantially better than NAV during interim 2020 which was underwhelming.

And overall miners' market has been relatively bearish.

So overall, temporary blip - Mr Biden's infrastructure bill could be the pressing of the button Defcom 1 to the USD. Once USD gets weak, you know what that means to gold, copper prices. and consequently - MTR's NAV + SP - Take off!!!

Why the fall back to offer price 550s - when recent TU was very good?
Stronger $ - does this affect them?
ISA - bed and ISA?
Over last few days, has dropped offering bargain discount of > 10%
Given this is a good solid manufacturing + retail biz - this should be following in line with value stocks.

MM taking the mick - what justifies the fall below 19p ? Zilch.
Bargain basement time