Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Great day today, looks like I might have got in just in time.
Nexeed isn't exactly the catchiest name in the world...
At least we had another blue day.... can't complain too much. ;)
Thanks guys, that is helpful.
Is there any political risk here? I don't imagine that the Indonesian government is the easiest to deal with.
Bought in this morning, looks very cheap now the disposal has gone through. Once the debt is clear, the strong cash generation should be able to support a cracking dividend going forwards. I don't see any reason why they couldn't pay out at least �1.5m per year if they wanted to, which would be nearly 13% at the current market cap.
http://www.loopjamaica.com/content/oil-and-gas-exploration-3d-seismic-survey-nearly-50-complete Tullow Oil is reporting steady progress on its oil exploration 3D seismic survey with just over 45 per cent of the data capture already completed. �The seismic work will last between 50 and 60 days and then it may take another 12 to 18 months to analyze the data; but although it will be a while before we have any definitive findings, these investigations will heavily influence the decision-making about drilling so we are monitoring the entire process closely,� Watson added.
Talking of other products, I wonder if Bosch Security fancy the Watchlock....
No, a multiple thereof. Although I guess with the board holding most of the shares (I think?) they get to set the price.
It's the cash flow that reassures me. Operating cash inflows of �1,840m, and that's including �140m restructuring costs which should lead to reduced costs going forwards. Debt repaid of �271m last year and another �200m this year will reduce finance costs. Debt is still higher than i'd like but it's going in the right direction. I just don't see how the dividend is unsustainable given the cash numbers. Not only are we sustaining it but we're paying off debt at the same time. Oh, and cash balance at the end of the year was �2,864m, up on the previous year. Plenty of room there.
More likely they're just exercising caution. NDAs are always to protect the larger company.
If Bosch have any nefarious motives (and i'm not saying they do), they could be trying to keep the share price low in anticipation of a takeover.
Bet they don't get a front page on the Daily Mail and a government minister criticising them.
Nobody really knows. Could be tomorrow, could be 6 months, could be longer. Just be calm. ;)
I was hoping to average down at the end of the month. :(
Daily Mail really have it in for us, hey.
No, the buy back ended.
Zinc price just hit a four-month low, although still well above where it was in the first half of 2017. I guess it couldn't last. Zinc has plenty of new supply coming in, so the outloook isn't quite as good as for Copper. http://www.mining.com/last-hurrah-zinc-price/
Forgive my ignorance, but can anyone interpret the Shuak findings? They're spending another couple of million this year so there must be some potential.
Do we know how margins are doing compared to last year? Apologies if i've missed anything on that, but last year H1 margins were 46% but the full year was only 38%. If we can get back up into the 40's that would really help. Margin of 46% vs full year admin expenses of $3,000k would require revenues of just over $6.5m to hit operating profit, and it looks like we're going to smash past that if growth can continue.