Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I am not as well read up on this as I should be!
How do they go from 30% to 51% without having to make a mandatory bid for the rest of the business? I thought the 30% trigger was to protect shareholders from becoming minority without an option to sell in an all share offer?
Not necessarily a bad thing having owners with so much skin in the game but definitely has pros and cons
Disagree Upside.
Firstly regarding "Babysitting"... It is not babysitting to give regular updates on tangible progress when in a growth phase of a business. Especially shortly after a shareprice destructive raise. I am not asking for weekly updates on what they had for lunch and to confirm that they have had some excel training but assuming there have been some more significant developments since last time we heard I think they should be letting us know - even if bad news or a revised timescale to closure etc.
I have emailed IR and no response - A few on here have recommended texting or emailing Nigel Burton directly which I will do but shows how broken they are if the address for IR gets you nothing but a text to a director gets answers.
This board is exactly the forum to vent frustrations and hopefully get fellow investor agreement (creating a consensus to apply pressure to the company) or constructive reasoned disagreement (potentially answering some of my concerns). I would agree that criticising MOS on social media etc and dragging their reputation in front of potential customers would not be great but if not the LSE chat board then where?
Down on down days
Down on up days.
This is depressing. The market is reflecting the probability of a good vs bad update. What do the people making significant enough trades to reduce the sp know that we don’t?
I also agree that there is currently no need to gamble on a growth story like tgr when there is a 7.5% divi available at legal and general almost risk free.
Will I take my advise and sell and stake all in value ftse plays? Probably not but I should.
Even a positive update will likely put 15% onto the sp. Well it might be 40p by then so that would take us to 46p. Well below todays price.
Why no reassurance? Why no trading update? The boards job in part is to maintain value for shareholders which involves supporting the share price. You couldn’t get him off podcasts etc a year ago. Where is he now?
Don’t mind thi dropping in line with general market but days like today make you question…. If you see a £20kish sell later here then you can find me over at LGEN or JSE. Cheers.
I’m sorry but the MOS board is as ****e as BIDS and NAPS. You either be consistently noisy or statesman like quiet. I don’t mind Legal and General going 4 months without saying anything as that is their pattern and they have earnt my trust. This board has not and therefore needs a lot more touch points with shareholders until they have done so.
Just like at work. If I have an employee who is brilliant and dependable and high performing I might only have a 1-1 every 6-8 weeks but if I have a newish employee working their probation having already made a few costly errors but also having shown flashes of promise (and being very vocal about this when it happens) I would want a weekly 1-1 to keep on top of them and make sure they are on track….. in this analogy guess which one MOS is?
Thanks.
Do we have a mix% of what our PGM basket is? How important is Rhodium vs Palladium for example?
So why is it hitting lows on a fairly buoyant day in the markets... I topped up at 55p and now being offered 53.7p... all seems very cheap but I have got burn before on something appearing too good to be true... Any balanced reasons why so deflated?
Well my email to IR from a week ago has not had a reply…. Pretty disappointing to be honest.
Personally I am no longer here for the long term but am still trusting the MOS board to create a spike at some point enabling me to exit at a better price than today.
So CMC news is reporting to March 22. IG have already reported March performance and it was very positive in my opinion. 2 questions:
1. Why such a difference in fortunes between Ig and cmc performance. I buy the cmc reason for drop off as volatility was huge in 2020/2021 with loads of new entrants to trading and meme stocks being massive. So it just highlights something iG are doing really well when we haven’t logically got a reason?? Or have I missed the key difference between the 2 models?
2. Why would cmc update effect ig sentiment when we have already reported on this period and also when cmc results are in line with guidance?
IG at 670 are looking very attractive to me.
Amtech is correct in the debate regarding whether quarterly is every 3 months from the last revenue update or quarterly as per the financial calendar. If the latter then we should have got a Q3 update for Jan - Mar. If they are waiting to end of Q4 to give us a Q4 update they will have bizarrely missed out 2 months performance....
It would be more professional and make sense to report quarterly inline with our financial calendar but they already have failed to do this for Q3. If you say you will announce quarterly revenue you can't then choose which quarters to update on and which not to.
As City says you can engage with the board and he has inspired me to do so. I will ask this question. It should not be market sensitive to provide your reporting calendar upfront.
How is this only 10% down on the back of that RNS? Anyone left holding today onwards really has no right to sympathy when the inevitable “that’s all folks” RNS lands in the next few weeks/months
Positive. Would hope this has a positive effect on sp.
Wow. We are reduced to RNS’ing when we have a positive write up by a university! Is this material news which may effect a share price? Are we obliged to report this by regulations? How much commercial revenue is this report going to directly deliver (this year or next year)?
Why is he selling though? - Sorry if I have missed this answer elsewhere.
I can’t see anywhere in an RNS that procurement has begun… where is this info from?
A professional partner (QFI) wouldn’t start procuring items for a contract until the contract was signed…
They may as well just say “placing coming soon”