focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
Fantastic news update, they are now in a great position to deliver record revenues and profits. Mintails is on course too which is timed perfectly on very high Gold prices. We are now significantly undervalued by the market and thus has to re-rate higher 😀
Gavster Nbc, post recommended... I feel the clock is ticking now till we get that takeover offer - it is just too much of a prize to be overlooked. I also think the major shareholders would agree a sensible offer 😀
Just seen that Rick Bensignor over on IGTV saying Gold could go to $2450 an ounce, great time for smaller to medium companies like PAF to fill the coffers! this makes a T/O more likely in the short term.
4th Feb 2020 :Coronavirus Latest Update: We reported yesterday on news that Novacyt(LON:NCYT)has been the first company to launch a Coronavirus test in response to the outbreak in China.Latest figures are stating the number of confirmed cases have now risen above 20.000,and Hong Kong have reported the first confirmed death from its confirmed 15 cases.Some early reports are coming in that a number of China,s first confirmed cases are responding positively to Povidone-iodine(PVP-I)therapy,which was first used over a decade ago on the SARS Coronavirus where it proved highly effective.Iodine producers such as Iofina(LON:IOF)could really benefit from the expected increase in demand for iodine
,after recent progress ramping up its production levels.Chinese and many South East Asian people are more prone to SARS,Coronavirus,and similar Viruses due to inherent iodine deficiency in the diet.China's leader has called the outbreak a major test of China's system.
#Coronavirus #Novacyt #Iofina #Iodine #Sars #Hong Kong
Monday 3rd Feb 2020 - Update -Coronavirus continues to cause concearn:Investors in Novacyt (LON:NYCT)have been excited following news the clinical diagnostics firm said it has launched a Coronavirus test in response to the outbreak in China.The SARS-like virus has caused rising global concern and has now killed more people than the previous SARS epidemic over a decade ago.Coronavirus is a Pneumonia-causing illness that infects the respiratory tract,and so far as of monday morning has been responsible for 361 deaths and 17,205 infections.Some leading experts are suggesting that from the data so far received,that this latest outbreak may not be quite as dangerous to human life than the SARS Coronavirus,but it is still too early to make accurate assumptions on limited data.The World Health Organization’s Director-General Tedros Adhanom Ghebreyesus has reaffirmed the health agency’s view that there is no need to impose restrictions that “unnecessarily” interfere with international travel and trade.Hong Kong leader Carrie Lam announced Monday that the city would suspend 10 out of a possible 13 border crossings with mainland China in an effort to curb the spreading of the virus.Following the previous SARS Coronavirus outbreak,the virus was effectively treated with Povidone-iodine (PVP-I) products,and it is thought that some early tests on this latest outbreak are proving very encouraging.This could have a major boost for the likes of rapidly growing Iofina (LON:IOF) who are embarking on a transformational year.The Iodine producer has recently ramped up its production levels and is feeling the benefit of record Iodine marketprices.Many studies were conducted on SARS Coronavirus in the wake of the outbreak,but Povidone-iodine (PVP-I) products were considered the most effective.#Coronavirus #Novacyt #Iofina #Sars #Iodine
Monday 3rd Feb 2020 - Update -Coronavirus continues to cause concearn:Investors in Novacyt (LON:NYCT)have been excited following news the clinical diagnostics firm said it has launched a Coronavirus test in response to the outbreak in China.The SARS-like virus has caused rising global concern and has now killed more people than the previous SARS epidemic over a decade ago.Coronavirus is a Pneumonia-causing illness that infects the respiratory tract,and so far as of monday morning has been responsible for 361 deaths and 17,205 infections.Some leading experts are suggesting that from the data so far received,that this latest outbreak may not be quite as dangerous to human life than the SARS Coronavirus,but it is still too early to make accurate assumptions on limited data.The World Health Organization’s Director-General Tedros Adhanom Ghebreyesus has reaffirmed the health agency’s view that there is no need to impose restrictions that “unnecessarily” interfere with international travel and trade.Hong Kong leader Carrie Lam announced Monday that the city would suspend 10 out of a possible 13 border crossings with mainland China in an effort to curb the spreading of the virus.Following the previous SARS Coronavirus outbreak,the virus was effectively treated with Povidone-iodine (PVP-I) products,and it is thought that some early tests on this latest outbreak are proving very encouraging.This could have a major boost for the likes of rapidly growing Iofina (LON:IOF) who are embarking on a transformational year.The Iodine producer has recently ramped up its production levels and is feeling the benefit of record Iodine marketprices.Many studies were conducted on SARS Coronavirus in the wake of the outbreak,but Povidone-iodine (PVP-I) products were considered the most effective.#Coronavirus #Novacyt #Iofina #Sars #Iodine
Ragnar,are you aware that Game had a very detailed operational review a few years back where some tough decisions were made and are doing very well now compared to then.This includes big savings on rents and they have even got around 26 of their 274 stores on zero rents,a big part of the new plan is gaming arena,s where they are already teamed up with Sports Direct with many more venues rolling out,and it has already proved a good move with a 20% increase in pre tax profits.So compared to a lot of other retailers they are doing rather well,and even Mike Ashley himself said in a recent interview that he sees Gaming and Gaming venues a key part of Sport Directs future.He wants to turn Sport Direct stores into "places of destination" not just a retail environment,this includes in house Gyms and Gaming Arena,s to provide cross selling opportunities within the groups brands and allied businesses.If you look at Games figures they have actually been able to maintain revenues at a fairly consistent level,the problems before arose from costs and overheads which are now being slashed.So this business if taken into Sport Direct as a whole could be a real money spinner for the guys at SD and also compliment and boost its existing trade.For that reason I see a very decent bid coming here and in my opinion it will be in the 40p to 45p range which will be at a level that could get shareholder and management approvals (and still a bargain for SD).
I forgot to mention i think a 40p to 45p bid here would likely get approvals from both management and shareholders.It is game on IMVHO
Ragnar,you could say the same about every business that Sport Direct have bought.The synergy here is that SD want to turn their stores into places of destination comprising n house Gyms,Gaming zones,and sport and gaming retail.By bringing GMD in house they will be able to smash overheads and increase revenue and profit margins.SD have to do this because other retailers are moving in that direction and they need to maintain and grow market share.So in my opinion this is a fantastic opportunity for Sports Direct and Game Digital.
In the last week Sport Direct has increased holdings in both DEB and GMD to 29.9% just under the mandatory offer threshold.GMD market cap is less than half its current cash position so the smart money would suggest they would buy that first.However that does not mean they will not bid for DEB also,if they have a plan to resolve the debt issue that does not wipe out shareholders then it is all to play for.Mr Ashley is a canny operator who will no doubt have quite a few strategies up his sleeve dependant on what Deb,s board do.
This is a no brainer acquisition for Sports Direct in my opinion,and a clue lays in fact that since they been working with GMD in sports they have been adding to their holding,now at 29.89%.In the last 4 sessions someone has added around another £500k worth of shares all going through when the mm,s opened and closed the spread to look like sells.This is in play IMVHO
I agree it is highly likely Sport Direct will make a bid on this and that Rns could literally land at any moment.They increased their holding here on the 25th march to 29.89% which is just under the 30% level which an offer is mandatory....we have to ask why did they increase at this time? Like i said an offer will be 40p - 45p region and unless another bidder comes in would be acceptable to the board and holders.This is a fantastic opportunity for Sport Direct IMO
It appears to something called BusinessLive but im not sure who the analyst is it just says "senior retail analyst". The thing that strikes me is because GND have that huge cashpile it would mean if Sport Direct were to say bid 40p - 45p per share it would be almost a cash neutral acquisition for them and add a new exciting angle on their core Sport Direct business.A no brainer for Mr Ashley Imo
It was on a..d..v..f..n. yesterday,try the link ?
https://tinyurl.com/yxknghar
"Sports Direct has applied further pressure on Debenhams by urging its shareholders to revolt against a £200m funding lifeline,stating they have been contacted by a number of other Debenhams shareholders "expressing their support for the appointment of Mr Mike Ashley as Debenhams CEO".They have also called on other disgruntled shareholders to rebel against Debenhams refinancing plans.The signs are that this could now be a long drawn out process and it is clear that Mr Ashley has not taken kindly to the "gun to head" approach by Debenhams management.According to The Mail on Sunday,Mr Ashley has sent Debenhams a series of legal letters detailing allegations of wrongdoing in an attempt to block its refinancing plans announced last week.There are certain to be more twists and turns in this battle,not least because Sports Direct are yet to actually lay out a formal plan with a bid for the struggling retailer,in which case the advantage of staying silent on this thus far does maintain pressure on Debenhams management.One senior retail analyst is predicting however that Sport Directs rumoured interest in Game Digital could soon be realised in an official bid,and is not related or dependent on the groups current situation with Debenhams.Sport Direct recently increased its stake in Game Digital to 29.89% and are already working closely together in the Esports arena,which from early signs have been very successful."
L2,i think there will be a bid here around 40p to 45p and bear in mind Sport Direct has a 29.9% holding already.It will be a fantastic aquisition for them IMO
It is clear that big mike thinks he can get somewhere with this approach IMO
"Sports Direct has applied further pressure on Debenhams by urging its shareholders to revolt against a £200m funding lifeline,stating they have been contacted by a number of other Debenhams shareholders "expressing their support for the appointment of Mr Mike Ashley as Debenhams CEO".They have also called on other disgruntled shareholders to rebel against Debenhams refinancing plans.The signs are that this could now be a long drawn out process and it is clear that Mr Ashley has not taken kindly to the "gun to head" approach by Debenhams management.According to The Mail on Sunday,Mr Ashley has sent Debenhams a series of legal letters detailing allegations of wrongdoing in an attempt to block its refinancing plans announced last week.There are certain to be more twists and turns in this battle,not least because Sports Direct are yet to actually lay out a formal plan with a bid for the struggling retailer,in which case the advantage of staying silent on this thus far does maintain pressure on Debenhams management.One senior retail analyst is predicting however that Sport Directs rumoured interest in Game Digital could soon be realised in an official bid,and is not related or dependent on the groups current situation with Debenhams.Sport Direct recently increased its stake in Game Digital to 29.89% and are already working closely together in the Esports arena,which from early signs have been very successful."
This is getting more interesting after the comments and statements today and Sport Direct now having a near identical 29.9% holding in both Debenhams and Game Digital.
https://tinyurl.com/yxknghar
"Sports Direct has applied further pressure on Debenhams by urging its shareholders to revolt against a £200m funding lifeline,stating they have been contacted by a number of other Debenhams shareholders "expressing their support for the appointment of Mr Mike Ashley as Debenhams CEO".They have also called on other disgruntled shareholders to rebel against Debenhams refinancing plans.The signs are that this could now be a long drawn out process and it is clear that Mr Ashley has not taken kindly to the "gun to head" approach by Debenhams management.According to The Mail on Sunday,Mr Ashley has sent Debenhams a series of legal letters detailing allegations of wrongdoing in an attempt to block its refinancing plans announced last week.There are certain to be more twists and turns in this battle,not least because Sports Direct are yet to actually lay out a formal plan with a bid for the struggling retailer,in which case the advantage of staying silent on this thus far does maintain pressure on Debenhams management.One senior retail analyst is predicting however that Sport Directs rumoured interest in Game Digital could soon be realised in an official bid,and is not related or dependent on the groups current situation with Debenhams.Sport Direct recently increased its stake in Game Digital to 29.89% and are already working closely together in the Esports arena,which from early signs have been very successful."
https://tinyurl.com/yxknghar
"Sports Direct has applied further pressure on Debenhams by urging its shareholders to revolt against a £200m funding lifeline,stating they have been contacted by a number of other Debenhams shareholders "expressing their support for the appointment of Mr Mike Ashley as Debenhams CEO".They have also called on other disgruntled shareholders to rebel against Debenhams refinancing plans.The signs are that this could now be a long drawn out process and it is clear that Mr Ashley has not taken kindly to the "gun to head" approach by Debenhams management.According to The Mail on Sunday,Mr Ashley has sent Debenhams a series of legal letters detailing allegations of wrongdoing in an attempt to block its refinancing plans announced last week.There are certain to be more twists and turns in this battle,not least because Sports Direct are yet to actually lay out a formal plan with a bid for the struggling retailer,in which case the advantage of staying silent on this thus far does maintain pressure on Debenhams management.One senior retail analyst is predicting however that Sport Directs rumoured interest in Game Digital could soon be realised in an official bid,and is not related or dependent on the groups current situation with Debenhams.Sport Direct recently increased its stake in Game Digital to 29.89% and are already working closely together in the Esports arena,which from early signs have been very successful."