Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
No tricks, just cautious about the their bid against the 100k/50k seller, who seems to have been away today. If he’s finished then the bid will rise.
In further support of IG, I was able to trade HZM immediately on consolidation on 31 May. On the other hand I still haven’t got my Poolbeg dividend in specie from ORPH which has now been weeks turning in to months.
Bob71, No, Poolbeg shares not received in IG account. Last heard was that they hadn’t received them.
Absolutely, revenue is income usually sales, and EBITDA is a particular measure of profit but is not bottom line profit or taxable profit. It is probably a reasonable measure for ORph, but can be misleading in a high debt or capital intensive business.
There is no jeopardy IMO, just people who don’t understand the IFRS “loss” reported in the accounts.
Thanks for all discussion of alternatives for reinvestment of GLO proceeds. When the price is right I also like SHED, TEEC, PHNX, CTY, LXI, EPIC, VSL, but there’s nothing quite like GLO!
Have a look at EPIC or for more risk VSL?
Likewise sold out and taken cash at market price rather than wait months for a few pence more. Any ideas on where to reinvest for safe and growing yield in the energy sector?
Don’t see how you can go wrong with this, 0.5% per month div, significant discount to NAV, possibility of capital appreciation, buy some more if it dips with market sentiment.
The IFRS loss is not to worry about, see my post of 19August.
The IFRS loss arises due to hedging against falls in equity prices and lower interest rates, so the financial results benefit when equity values fall and suffer when equities rise as they have done over the last 6 month period. However the increase in future investment returns is not reflected in IRFS results so the IRFS position is volatile reflecting the value of hedging instruments in any reporting period. Therefore a more stable or reliable picture is reflected by looking at operating profits rather than IRFS profits.
So there is no bad news that I can see in these results, in fact the results are broadly good news masked by IRFS reporting requirements. Hence I’m happy to buy more at these prices and more I f the market drags the price even lower.
My view yes it could go to its recent low 560 or it’s prepandemic low of around 550, but there’s limited downside risk from here and the balance of risk is to the upside. I’ve bought today and will buy more if it goes there.
Excellent RNS, underrated by the market, I’ve added today on this basis.
Wolf, Sun 13.47, Freetrade terms allow lending of securities held in a general investment account and a SIPP account, but not in ISA accounts. They are quite explicit that the fee paid by the borrower helps to fund commission free trading.
Exactly right, the buy/sell numbers are irrelevant, worse than that they are misleading. Every trade is a both a buy and a sell. If I’m on the bid and you sell, I’ve bought from you and you’ve sold to me. Buys/sells are nonsense.
Not an expert on TEEC assets but my understanding is that income not specifically inflation indexed since most seem to be debt finance at fixed interest rates. However at current share price I am happy to receive annual dividend of 6.5%, share price should rise from here plus scope for additional dividend from gearing provided by recent RCF. I have recently invested on this basis .
Of course it’s a trade, or aggregated trades as lat says. Anyone can participate in the auctions with the right broker and sight of the order book with level 2 account. I have done so many times although it’s easier with lower volume stocks than high volume like Poly. You can also trade after the auction if there’s anything left on the bid or offer at the auction price, but again you need the right broker and sight of the order book to do it.
92
Some large sells in last few mins taking this lower
A better move for Pollen St shareholders, I don’t know why Hony’s large shareholders have agreed. If I wanted to invest in an asset manager I’d buy LGEN or Phoenix etc, but that’s not why I invested in Hony.