Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Impact of a trade war on metal prices, anyone?
Strange how Aphria shares fell today despite the legalisation news.
I wish it was me..... I managed a small top up at 2.3 but I was kind of assuming that sentiment would remain against STAR until good news arrived, and that we'd hover in the low 2's for a while. Shows how little I know.
We don't really know what's going on. It could just be someone who thinks the drop was overdone. Or it could be a UN employee loading up before even Starcom know....... Not saying it is, just saying it's possible.
"...Imagine that in some private business you own a small share that cost you $1,000. One of your partners, named Mr. Market, is very obliging indeed. Every day he tells you what he thinks your interest is worth and furthermore offers either to buy you out or to sell you an additional interest on that basis. Sometimes his idea of value appears plausible and justified by business developments and prospects as you know them. Often, on the other hand, Mr. Market lets his enthusiasm or his fears run away with him, and the value he proposes seems to you a little short of silly. " "If you are a prudent investor or a sensible businessman, will you let Mr. Market's daily communication determine your view of the value of a $1,000 interest in the enterprise? Only in case you agree with him, or in case you want to trade with him. You may be happy to sell out to him when he quotes you a ridiculously high price, and equally happy to buy from him when his price is low. But the rest of the time you will be wiser to form your own ideas of the value of your holdings, based on full reports from the company about its operations and financial position." - Benjamin Graham
This sounds pretty bad: "Following the consolidation of the Group's supplier base in response to Sterling weakness, there have been material short-term issues with the resulting availability of stock. This stock shortfall across all categories has had a negative effect on sales in all retail channels and will continue to do so until late Spring." That's nearly 6 months of lost sales and upset customers going elsewhere. On the other hand, the balance sheet looks great....... Is the drop overdone?
Retail sector taking a beating.
On the other hand, is it really FFWD's job to be holding listed companies, when individuals can go out and buy shares in them if they want to?
Presumably they'll hold on to the Aphria shares for a bit? They seem like a company with a great future.
Probably the same. Reality doesn't intrude on Centrica.
Maybe if they sell the nuclear business, that's what we'll see. Although call me boring but I like debt reduction more.
CAML doesn't half like to zig zag...... For no reason as far as I can tell.
The proven best method for investing is.... buy and hold low-cost index funds. So you're all wrong! Muhahahahaha. I really don't mind if this keeps dropping, I bought in the 120's and will happily do so again if it comes to that, purely for the dividend.
Does anyone know exactly when they relocated their office in Tel Aviv?
As far as I can tell they've moved their registered office about 500 meters.......
They were already offshore...
I don't see the point of that rate of return thing in the document....... How you're supposed to produce that with investments so uncertain (but potentially rewarding) as emerging tech startups is beyond me. Factom could end up being worth $nil or $100bn, or anything in between, and that's just one company.
Yep, i'm in here for the value as well...... When it dropped into the 120's it was too good to miss. High dividend, cash generative and plenty of cash in the bank, strong brand name, ongoing cost savings and debt reduction, all looks pretty good. The political situation, customer loss and restructuring costs are holding the share price down, and that might continue for a while, but the dividend will keep us going in the mean time.
Of course, 50/50 whether we get it.
It's the second point I would have liked a little more guidance on. Ignoring the share based payments, while I don't quite understand how you just miss out $444k of expenses, it would be interesting to know which period they relate to and what their nature is. I assume they are continuing costs, else the company would have stated they were one-off. Therefore they either started in H2, or half of them relate to H1. If the latter is the case, the company is far closer to operating profit than it appears. They made an operating loss of $321k in H2 and if $200k of costs actually relates to H1 then they are very close. However, if this is the case, surely they'd have told us? Maybe i'm just talking nonsense.