Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Any move lower would be snapped up. May try and retest lows and a sell off tomorrow but the bigger picture is still healthy and long term fundamentals are beautiful. 500p before 2021.
Rolls Royce will be a long slow slog back up but they will get there in a couple of years +. For now there are much more volatile stocks to profit from and rolls Royce will still be there slowly chugging when you feel the turnaround is in.
Hospitality will be inundanted with huge pent up demand from the lockdown, and people will be pleased to spend again. The restaurants and bars will be packed soon (as much as possible due to SD measures) and people will want cheap new frocks to go out in. This has months of run left in it. I reiterate, 500p by Xmas.
Who says there will be a dump? Most longs will either be averaging sub 280 and virtually in profit already, and others will be bagholding and HODLing... I can't see a dump happening ever really. This company grows 50% ish every year. Investors love it.
Should've followed the "three day rule" but not disappointed with my average of 290... That'll more than do in a few weeks time provided nothing major crops up news wise. Expect 500p after Xmas 2020.
One extract: "Since the onset of the COVID-19 pandemic, we have stood side by side with our manufacturers," - perhaps not the best way to phrase things, but apart from that the statement has been appropriate and well-toned. The actions of Next and ASOS won't have much impact, but how long before they are quietly selling BooHoo garms through their channels anyway? Once the company has fully cleaned its hands with this, there will be no reason not to continue business as usual.