Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Sorry, fix for 1st link cut&paste fail :
https://www.cemex.com/investors/reports
Cemex Q1 results yesterday:
https://www.cemex.com/investors/report
and webcast transcript here:
https://www.fool.com/earnings/call-transcripts/2022/04/29/cemex-cx-q1-2022-earnings-call-transcript/
A few snippets from the transcript:
"
We continue to roll out our growth investments. And this quarter, we approved over $200 million of additional bolt-on margin enhancement projects.
...
Pricing gains contributed significantly to sales with cement prices increasing 10% [relative to a year ago]. Our January increases were highly successful. In markets which account for 40% of our U.S. cement volumes, cement prices rose between 8% and 10%. In April, our remaining markets received their first pricing increase for the year. We are optimistic that traction will be in line with January. We have already announced additional price increases for the summer in all markets and we have advised customers that further price increases may be necessary.
...
we continue reduce clinker factor. And you know we've been, for instance -- as an example, we've been switching from type one cement to limestone cement and other types of blended cement in the U.S. So we are reducing clinker factor in the U.S. using materials that have a lower cost when compared to clinker itself. So that is also on top of contributing to CO2 reduction, which is contributing to our competitiveness. We have the lowest clinker factor during the first quarter, and we do expect continue reducing it.
"
Fixed link (lse doesn't seem to like v o x m a r k e t s) :
https://www.%76oxmarkets.co.uk/articles/vietnam-the-best-is-yet-to-come-fe5d06a
Discussion including Craig Martin (Dynam Capital Chairman)
https://www.**********.co.uk/articles/vietnam-the-best-is-yet-to-come-fe5d06a
We don't seem to be getting daily NAV RNSs any more. However, it's still being given on their home page
https://ibtplc.com/
and the HL chart (30 Mar post) is still being updated.
Holcim Q2 results today, here's a snippet from the analyst call. This is the CEO, Jan Jenisch, answering a question about M&A :
"... to share a small secret with you, I think at the moment we have about ten bolt-on acquisitions which are in due diligence or in the offer phase, so you can expect a bit more action from us here over the next months ..."
May not involve us of course, but you never know... At least it shows that the sector continues to be active, deal-wise.
https://www.holcim.com/media/media-releases/q1-2022-results
~15:30 into the Analyst Call Replay.
Hi chique,
Yes, NAV in December won't mean much, will it, given the hits we've taken since (LogicBio, Harpoon, Imara). I don't know why they can't provide more frequent NAV updates, say weekly, or even just monthly. By comparison IBT provide them every day, which has the added bonus that HL provide SP+NAV & Premium/Discount charts:
https://www.hl.co.uk/shares/shares-search-results/i/international-biotechnology-trst-ord-25p
If you're on speaking terms with them, perhaps you could suggest it :-)
Annual results (over)due now :
https://www.lse.co.uk/rns/ARIX/closed-period-notification-q86krodcmbj9hss.html
"... annual financial results for the year ended 31 December 2021, with an expected publication date of early April, to be confirmed."
Dates for previous years:
09/03/21
10/03/20
28/03/19
23/04/18
28/04/17
Very good update in the circumstances.
https://www.lse.co.uk/rns/OXIG/trading-update-9ytv0v0mvo6tiba.html
Discount to NAV is getting quite wide now. Any theories?
https://www.hl.co.uk/shares/shares-search-results/i/international-biotechnology-trst-ord-25p/share-charts
Re the offer, also see today's (2nd) RNS :
https://www.lse.co.uk/rns/GCL/notification-in-regard-to-subscription-rights-fte5qt3dhilzulb.html
Mr Quakes has a theory about the discount:
https://twitter.com/quakes99/status/1508839521776852997
https://www.yellowcakeplc.com/wp-content/uploads/2022/03/Yellow_Cake_Investor_Presentation_March_2022_Final.pdf
NAV/share on 15 March was 437p, based on U at $54.5/lb.
04:37: "We have a number of companies looking at it, some of these fall into the category of, you know, being CRMCs, concrete companies, and it includes a company that's in the fly-ash distribution business which is the material we're looking to replace."
The obvious guess for the distribution company is the new one that took over the Boral NA business, Eco Material Technologies Inc.. (So new that their website is still under construction:
https://ecomaterialtechnologies.com/
)
These charts have now been updated for yesterday's big rise :
https://futures.tradingcharts.com/chart/UX
https://www.tradingview.com/symbols/COMEX-UX1%21/
The economics of the CS project carry a heavy dependency on trucking costs, so the price of oil being twice what it was a year ago is clearly problematic. We may have to wait for it to come back down before we can get an acceptable deal.
I think it's quite telling that the new pozzolan project, Hazen, is very close to a railway.
According to google this page was modified (created?) 18 hrs ago. The new Myrtle project had a very brief mention in the Results in December.
https://www.sunriseresourcesplc.com/myrtle-gold-silver-project
The principal CRMC we have been negotiating with has been described in RNSs as "internationally recognised". CalPortland would certainly qualify, as their parent company, Taiheiyo, is Japanese. Here's their version of the announcement:
https://www.taiheiyo-cement.co.jp/english/summary/pdf/220301.pdf