George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Sometimes transactions hit the books outside of hours. It happens...
Whilst the market for Nicotine vapes is pretty saturated, an offering that weans addicts towards zero nicotine might not be a bad shout... I know I could do with it as my JUUL consumption is getting a little worrying...
Shares do go up and down, sometimes with no news, that's the market for you, it's easily manipulated by those with far more collateral than me. Still 300% up on what I paid for them, the ultimate carpet bag of my dealing career so far so happy days.... 16000 little bags of gold. For what it's worth I see £5.00 a share by the end of September as a key target, I don't think that is an unreasonable goal with the likely airline pickups over the summer, any other news on SMRs is just a bonus.
Looks like this dog of a share is still dying a death.... About as attractive as a village pond after a sewage spill... IMHO - DYOR... Wonder where Louis is having dinner tonight, some 5 star hotel with a nice view and warm temperatures I daresay...
Just wondering if anyone had an opinion on RELX as a future takeover target for any of the really big tech companies. Someone like Amazon or Google, wanting to get in to the Scientific or Healthcare research market in a big way. Massive step up being able to get your advanced AI engines to leverage all of the content that Elsevier owns. Could see the group being broken up as well with Exhibitions being sold of to a competitor, and pretty sure some of the big consultancies , legal and risk organizations would love to get hold of Lexis Nexis Legal and Risk know how. Not starting a rumor, but you could see how a big player could make massive money from that sort of takeover.
Not likely to fall due to the oil price increase, BA (IAG) and many others retired their inefficient fleets as a result of Covid, so they should now be streamlined to deal with vagaries of the market. Also worth pointing out that they hedge their fuel purchases way out in advance so short term blips don't hurt as much. The key thing is the next set of results and what's in the announcement in terms of what they will do with their profits. Short term goal should be for IAG to pay down debt and sort out their (BA) crappy IT and customer services. They do that and the public faith in BA may well improve, and along with it the overall share prices for the IAG group.... They have to revisit their long term strategy to compete with Asian and Middle Eastern Operators, and quality, and customer services are key. Recent investment in more BA lounges across the globe will go some way but it's not enough.
Bit like a production line worker at British Leyland in the 1970s then....
Feels a little like the tree is being shaken over the last few days, and probably not helped by vast amounts of bed and ISAing across the markets. On the SMR front, the govt investment is paltry considering the potential benefits to the UK economy, building, proving and licensing this technology has the potential to push RR in to the stratosphere and make it the largest global engineering and engineering companies in the world. This will take time, and likely test the patience of a lot of shareholders, but the potential rewards are immense - When I say time, I mean circa 10 years. So if you are in it for the long run then you will reap rewards. Short term investors, your not going to see massive growth this side of 2030, so if thats not what you are looking for then probably best to invest elsewhere. I have a shed load of RR shares invested in my kids ISAs, if this goes where I expect it to, then they should be set, and Dads fun budget will go a lot further.
Why we just went up 20% - What's occurring, I can see no real news, and the buying isn't exactly red hot either?
Is there a link to that anywhere, as I can't find any evidence that he made that statement?
Frustrating share this is. The CEO and the board need to stop dicking about with Air Europa, and knuckle down on efficiency, quality, customer services, and sorting their cr*p IT out (see efficicency). I don't see any value in IAG diluting their key principles with a crock airline, they need to clear the debts, optimize profits, improve the quality of what used to be an A1 offering, and get that dividend back up and running - asap.
I regret not getting it on with a Swiss cross country skier back in 1987, or an Australian surfer gal in 2012, but hey those are the sliding doors life gives you, and to be frank the shape I am in these days those opportunities are not likely to come my way anytime soon..... My suggestion, take a step back, define an investment strategy that will generate a return over time, and plow whatever funds you have in to that. As you see your funds growing it will make the losses a little less painful. BTW - I have lost well over £30k on CHLL, and KIBO in the last few years I look upon it as a learning experience, and those are mistakes I won't make again.
Well done chap, no chance of me making £1m on this, but certainly looking at one of the best returns I have ever made on a share, and what I do have when realized will go in to funds that give me a return for life. As I said not millions, but certainly good enough to generate a tax free income in retirement and pay for some of the better things in life - Call it a fun budget! Good luck all!
Define substantially... The only thing up about this share is the living the board are stealing from long term shareholders... Commenting for a friend obviously...
Think yourself lucky, I was scavenging behind the local coop for out of date yoghurts.. Crap result today.
Not saying it was a good or bad thing, but you take your opportunities where you can, and if the Govt gives the SMR contracts to US or European business then as a country we have totally lost the plot irrespective of Brexit.
Definitely thought one of the major advantages of leaving the EU was being able to raise two fingers to competition law and favor our own home grown and successful industries. We should also tell the yanks to go take a long walk off a short pier, they have done us no favors with M&A activities in the UK, and takeovers (Cadburys, Boots as examples), pretty much asset stripped, reduced product quality, and maximized profits for short term gain whilst short changing the workforces and taking on huge debts. If the UK doesn't ensure that a UK engineering company with an excellent reputation like RR doesn't have the first foot in the door for SMR then I question the current governments sanity, and the direction the UK is taking.... There are simply some things that we should be doing ourselves, and I would include the steel industry in that discussion as well. Kind of hard to make tank armour without an industry to make the high quality steel. Kick Tata in to the long grass, fund the industry properly and tell any importers they can stick their cheap steel where the sun doesn't shine.
Don't see a dividend, I can see down payment on debt, leveraging the profits to improve financial gearing. Price prediction £2 - £2.30, recovery well on the way. As a side point a significant investment in customer services wouldn't go amiss as lots of bad publicity on that score recently, and not what BA was known for. If you want to inspire customer loyalty, long term revenues and profits invest in your customers.
Agreed, I always focused on having every penny invested, which has meant I haven't been able to take advantage of some of the opportunities that have arisen. Currently holding a pot to ensure I can carpet bag and take advantage when the next goodie comes up...
Similarly had to take out some of my investment (outside of an ISA) to fund other emergencies so lost out a little on the profits from RR. In-ISA investment is doing very well however so I can't be too upset. What is interesting is the lessons learnt, and that fundamentally is that Pandemics, wars, pestilence and political uncertainty are good things in terms of making money. The key thing is having the spare cash around to carpet bag, and to take the right opportunities to invest in good companies who are on their knees due to circumstances outside of their control. RR is a classic case of strong recovery based on core fundamentals. There are others and there are dogs you shouldn't touch. Cineworld is a good example of when you shouldn't invest, it was never going to recover due to the debt ratios. IAG is in a similar position, needing to adjust their debt position to get back to a revenue stream that can be returned to investors (I think it will recover at some point). My lesson learnt is ensuring that I need to have liquidity to allow me to take advantage of the uncertainty, and to invest in companies with strong core fundamentals to get the awesome returns. A good example is the latest financial scandal with car credit mis-selling, Lloyds & Close Brothers have been hammered by the uncertainty, scum bag shorters have jumped on the bandwagon, and dragged down their share value, however they both have strong revenues and balance sheets, so there is a good chance of recovery. Happy days - Who dares wins (if you have liquidity)...