Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Well there’s room for both to be correct
But maybe we’ve reached the bottom & like Meta it’s reversal time and it’s someone else’s turn to be rewarded for a different view
That’s the thing, shares that have gone down can go right back up again
Imo
I don’t think that.
Imo Schroders have a big holding here because they are taking a longer term view that this is a great opportunity and investment
Yes they do sometimes add and sell a small part of that investment
Given that they just added, imo, they see current prices as attractive
But obviously they don’t explain their reasons so just my thoughts
But why BUY if you don’t believe it’s a good price?
so meta dropped like a stone, got ****ged off, then reduced head count, recovered, multi bagged and announced a dividend
so capita has dropped, got ****ged off, put on a stable footing, reducing head count, divided back on radar….
next stage of the story- multi bag ?
imo
I also read US chat boards and I can tell you when Meta was at $90 most people on that board were calling it a piece of sh*t that was going bust
I actually bought at $91 but unfortunately sold at $120
Which shows you should not sell too soon into a recovery
But who knew
Well we are reducing head count & integrating AI into everything we do.
Beaten down stocks can bounce when the companies have stability, are winning contracts and are cutting costs
Imo we fall fully into that category
So, even though Meta is maybe now looking a bit peaky (compared on a p/e to Google and Microsoft peers)
It just shows that what was a beaten down stock can come roaring back
Makes me even more excited that Capita, whilst won’t ever hit the mcap of these US companies can multi bag from current levels
Exciting times
Imo
Meta had a p/e of about 9 when it was down at $90 from memory- now has a p/e about 35 which is more in line with before its drop. I think Google p/e about 26
But it shows if you are brave enough to BUY a stock at a low that’s fallen a lot - the rewards can be BIG
Like here for example
Imo