Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Always darkest before the dawn
There’s plenty of shares that dropped significantly then went on multi bag runs
For me it’s finding a company at dirt cheap valuation but with reasons that it has turned (turning) things around that could lead to BIG rises
For me Capita is a massive opportunity for a big recovery play
Imo
AM is not sad and unbalanced because he posted a link to an article
He is just acknowledged as only having negative comments no matter what
some others here are disingenuous imo - at least AM is just openly negative no matter what and does not try to wrap that up in layers of subtlety
Imo
There’s a lot of articles stating that they are waiting with cash on the sidelines for March update and also talk of potential TO approach following on from March update
I personally have no interest in a TO but recognise that the acknowledgment that Capita has turned the corner is growing
Hence Magic March
Imo
Https://www.professionalpensions.com/news/4171947/capita-pension-solutions-launches-service-offering-db-schemes
March will be a big month here imo
Exciting times
Seems to me that there’s lots of interest on the sidelines waiting for CPI confirmation that indeed a corner has been turned. Many here desperately want in before this is validated in March.
I think those here already believe it’s been validated, even those that are not yet aboard want to get in
Great opportunity
Imo
It all comes down to whether you believe in the turnaround story or not. That we have steadied the ship, rode through the rough waves and we are now searching for land.
Obviously I do. I’m not a trader and my long term view point is years not minutes, hours or days.
For me I believe that the company has been stabilised and put on a decent footing. This is because:
We have massively reduced debt and closed the pension black hole. Top up payments end this year.
We are growing revenues and have a plan to double margins. This is via no additional pension payments, reduced head count and better contract terms and AI efficiency
We have completed disposals and over achieved against our target
We are winning multi year contracts and customers are returning
We have a moat in both the difficulty in proving a track record and also the government likely restricting access for security reasons
As such I believe it’s in our gift to make a success of this and I personally believe that we will
I also believe considering all the above we are massively undervalued
As such I see current sp levels as a potential multi bag opportunity - my own target is 70p to begin
All just my thoughts and opinions