Member Info for smorrisjones

I was not talking about WJG. THG ...............

Believe most people have had to wait two weeks or more. Depends how busy and how many transactions they have at one time. Haven't dealt with it myself but loads of people have managed to sort it out.

I can completely understand it when someone on a bulletin board completely and blatantly post misinformation and statements about a company that they have no understanding of running themselves.

I meant with the debt included within the write off lol.

AIM outfit don’t make us all giggle.

Company gave a good update for all to be told. Company is being conservative of dividend. Payments to not rock any boats. Very wise move.

Even if they wrote the Russian assets and debt off completely leaving no assets from the sale they could still pay a divi. They are just choosing not too.

Will be intersting if the talks happen and the war ends before Xmas. what will the company do then ?

Personally think its the right way to move forward. I also think they may be holding out for war end and no sale at all.

Interesting times for sure.

I like the way he doesn’t mention any legal and important battles that the company has.

By lunchtime

I must admit the Financial Times article doesn’t read well at all.

This case or cases as it where will go on for a long time and will not be good for any shareholder.

Bit of a fingers crossed situation this one I feel. By the sounds of it Ferrexpo could easily loose most of its assets which is not good.

Good luck all.

The shorters amaze me sometimes.

Revenue and profit has increased sustainably over the last 11 years the the share price hasn’t followed the success of the company.

I wonder if they are considering a share buyback scheme?

Personally, I think everyone must be realistic.

Has the company ever delivered anything so far on time. NO.

Has there been many numerous false promises? YES.

The fact behind the matter is you can’t trust a word this company says. Some people will be invested over the past numerous years and will be significantly down. Some people will have topped up over the years to narrow down their investment burden, and some will have invested recently on the mention that finance may be completed this year.

However, from past experiences of dealing with KEFI I won’t be topping up until after confirmation. Of course, the share price may be 25%, 50%, 100% up on the day of confirmation if it comes, but that’s a risk I’m willing to take. Institutional investors will probably pile in upon confirmation and when MCAP of the company is safely over £100 million, so it wouldn’t be a bad strategy.

Hopefully finance will be secured before year end, and everyone will be a winner in the end. Some richer than others.

Dividends will be paid in early Q1 certainly not this year. Why woudnt they pay one on a great revenue and profit margin.

I doubt TRX will double in a year. Highly doubtful but good if it happens. Not interested in rolls Royce was a traders dream and a terribly run company.

I’m really not interested in what you buy and sell. Every buyer and seller has their own agenda.

I clearly do as I run my own business not that it has anything to do with you. TRX have said they do not envisage going to market as the company will be turning profitable. It’s been mentioned in numerous presentations if you have watched them.

My personal investment has nothing to do with you or anyone else so please refrain from asking.

Have a good evening.

I’m not surprised. They are a year on years loss making company. Who would ever want to invest in a company with fundamentals like that ?

Good evening.

Not sure what your agenda or investment strategy is but generally a good selection process and patience is generally a good investment strategy. You mention you hope the share price will be a £1 in the next 12 months. Why ? That would be a circa 95% return from current prices in one year. I just don’t see that happening personally.

There shouldn’t be any further consolidation as the company should be currently turning to profit with circa 5 million in the bank. The next 2 to 3 years profit will be invested for future expansion. Who’s buying or selling shouldn’t even be on your radar if you have done your own research and are happy with your investment decision.

As you mention TRX was one of your biggest gambles I suggest you rethink your investing strategy. Research, research, research, and your investment decisions will never be a gamble.

Good luck all.

What question did you ask ?

I really don’t get the market sometimes.

HL’s net asset value is increasing year on year.

Revenue has increased over the last 5 years.

It has a decent dividend.

A fantastic operating margin on circa 700Mil + revenue.

If you look at the figures it’s a great business ye the share price doesn’t seem to reflect it.

Confused.Com

Big Blue just stop now and mature please.

my thoughts are the poly r assets will sell for circa 4bn. i would hope for more but that’s my *** packet gut feeling calc. although i don’t want them to pay any sort of dividend from the proceeds of the sale. i would hope they use that capital to invest in the kazak mine or to buy other assets. investing in other assets with any spare cash from the sale, rather than pay a dividend would be a better result for the future of the company and therefore its shareholders in my opinion.