Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
So keep your prices as cheap as possible through the wnter to try to recover some customers when people are thinking about their fuel bills, put them up after, and see who sticks around. Makes sense to me, although the media reaction was probably worse than anticipated.
Nice little rise today. Results on Thursday.
Hey, at least we went up today.
If they keep giving great updates, and the share price stays around the current level, absolutely.
UK house prices up 1.5%, biggest monthly gain since August, which you'd think would be good news. BDEV down. Annoying.
Guidance was $1m revenue, actuals were $1.5m. I get the sense that the board have learned their lesson. Always under promise and over deliver. Guidance for full year is positive EBITDA, rather than profit. In my opinion, the only reason for this is the uncertainty regarding currency risk. And with the $/ILS stabilising, that's looking much better than last year. I suspect they know they are already profitable, but we'll see I guess. I don't think the market will trust them fully until at least another set of audited results so i'm not expecting a huge leap in share price for a while.
We should always respect alternate views - Midas has said nothing but the truth, that a significant portion of the market cap is speculative. Back when Aphria was double the price, FFWD looked like a bargain, but never mind. Aphria is a low cost producer, and in a highly competitive market I think they can beat the competition, but it's still a risky business and we don't know who will come out on top. Intensity sounds fantastic but there has been many promising cancer drugs that have failed at phase 3, so it's not one to rely on. With Yooya it's difficult to know what's going on, but they don't have to become a huge company for us to make a lot of money from them as we hold 15%. Factom's the pick of the bunch imo. Could become a world leader. Could also fail completely of course. This type of investing is inherently risky.
I have no idea whether this has anything to do with Starcom, but they might need trackers for those bikes.... From the BBC: Jump Bikes Uber users around the world may soon be able to hire electric bicycles through the app, after the ride-sharing firm bought US bike-hire firm Jump. Based in New York, Jump allows riders to rent electric-powered "pedal assist" bikes via an online platform. Its bikes are also dockless and do not need to be returned to a specific place. Uber, which already has a tie-up with Jump in San Francisco, said it would now look to "scale" the bikes globally. The bike-sharing market is growing at about 20% a year and is set to be worth between �3.6bn (�3.1bn) and �5.3bn by 2020.
Great RNS, and thanks to those who attended the AGM for the reports. If we can keep anything close to that level of sales growth going through the year, we'll be doing extremely well.
With the trade war getting worse by the day, utilities seem like the place to be.
Aphria up 9% yesterday, down 6% today...... volatile as hell. I should probably stop watching it until Canada passes legalisation, but I can't help myself.
Make that 9%.......
Good day for Aphria today, up 6% although still well down on a couple of months ago. Their announcement on the part 3 expansion was well received. If their stated margins are even close to correct they'll be worth several multiples of their current valuation once legalisation kicks in.
On 29th Jan, when the Aphria deal was announced, the Aphria share price was $19. Now, it's under $10. I think they have a great long term future, but this is annoying.
I don't think there is an active buyback at the moment. The first one was time-limited, and if they'd extended that i'm pretty sure we'd have heard about it. The 2nd was a private tender offer that I don't think has been taken up, at least not yet.
Copper price has been dropping over the last month. Still pretty high by historic standards though.
I assume they want to get some news out asap, to take people's minds off the accounting mess. That, or it's just the date they could get everyone together.....
I don't think the weakness in the Aphria share price is helpful. I think it will recover in the long term, but it's going to take some patience.
Seems to have been a bit of a "flight to safety" today, with utilities and tobacco both going well. Traders may be expecting a bear market.
"Lorne Abony will continue to guide Aphria International and will become the Executive International Strategic Advisor to the CEO of Aphria, leading its highly-experienced international team and their efforts at building the foremost global medical cannabis provider." He's a busy man!