Maybe Simon is an updated bot from Roberto Carlos.. bit like terminator. Simon can string a sentence together so he's like a modern boy and Roberto is just an old run around. I wouldnt be holding aswell if i felt the same.. so far Jose has done what he said he was going to. He now guides for growth from next month onwards.. :)
The market just needs to believe the turnaround is occuring. Once the belief is there everyone will be clamouring on board if the SP is still this low. Co inciding with potential rate cuts should provide some big tailwinds.
The BOD just need to hit FY guidance then hit revenue growth along with EBITDA margin recovery and away we go I'd say.. great recovery play, plenty of green shoots seen both in the macro and at company level.
The media will flip soon enough, they just focus on the now and the past not what the BOD are guiding for.
It's no secret that this stock has been trading sideways now for very nearly 12 months.. that shows a lot of stability, and is only a matter of time before it breaks out of this sideways trading range. (To the upside if we return to growth as the BOD guides, including reducing interest rates) this cyclical and other cyclical e-commerce will be poised to breakout. You only have to look at all the updates, though not great they are setting themselves up for the next growth cycle. The SPs of these aren't going down but rather bouncing about. All good signs imo.
Yeah, I reckon they could well be receiving offers left right and centre around the Β£5-6 mark, but it's an instant no and the BOD don't need to tell us about those as it's pointless. Might as well wait as KBYK says.. Β£5-6 will be quite an easy target imo on a few rate reductions and return to growth..
Chances are he won't.. he buys for the strategic partnerships and generally spotting undervalued companies. E.g. ASOS, AO, curry's, Boo, Hugo boss, hornby. Very very few if any he will try to fully buy out imo.
Would you rather... 'this is going bankrupt' or this will be Β£1 this time next year?
I've only been here 18 months and I consider that a short term investment so far. Happy to be here for a few more years yet.. it can be fun to speculate over the short term when in actual fact no one has a clue! could be many more years yet before people see huge profits.
So when you say rinse and repeat it has actually only been mentioned over the last 12 months or so which is really short term. But then, the majority now think long term investing is holding for 6 months... imo
That's how I read it Knowbody.. Boohoo investing more in growth but asos appear further along in going back to 'profitable growth'. Well, at least that's what the BOD are telling us lol. ASOS appear more bullish in terms of future guidance starting from this summer. hmm interesting to see what happens.
Thanks Troaj. This bit is interesting and could be a potential catalyst for the juniors..
Regardless of who, if anyone, clinches Anglo, any deal would be the largest shake-up of the global mining industry in more than a decade and could fire the starting gun for more mergers and takeover activity within the sector. βIf Anglo is bought and is bought at an attractive price for the acquirer, that I think would send a strong signal to other [bidders] to buy other base metals assets,β a top-15 shareholder in Anglo American said.
If we get the above along with gold moving alot higher and commodities in general it could create a bit of a boom in the mining space.
RE: New Project Director for Kallek3 May 2024 11:44
Don't get me started on that one though. The fundraise itself showed how BEM now operates. Tell the market twice to double drop the SP to get everything as cheap as possible to dilute us as much as possible. Hey ho, it's AIM ya know.