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I say, Norby, your all our hero. You let us do all the number crunching, the endless nights trading ASX and 2 hours sleep before rambling on lse and then come in and do the hard work. All that would be beleiveable however then I remember your middle name...... :) lmao
Ill re-post the numbers Yorkesta, just so you know where its all coming from. All I can say is several of us have spent alot of time pouring over this one, actually, I havent seen so much time spent on one share as this in a long long time ! Further to that is their is alot going on behind the scenes, and alot of people are working hard to make this the best deal for SLVers..... One person in particular has been working their little ass off here and if I had to put my mortgage on this, then I would, although fortrunatly, as Im on the dole, I dont have one :) Rukki deal will go ahead, the patience will be to hold the enlarged company for a period of around a year to maximise the gains :)
All. Back from the horse riding and being robbed by some highway storeman in the onsite shop (Im sure dick turpin wore a mask !) Yorkesta, well, we have done alot of number crunching on SLV alone over the last few months, at a very conservative pricing you were looking around £1.44, looking forward over the next year to 2 to 3 was not shy of £3 assuming all PGM production was as it should be. SLV in its ownwrite was just coming into its own, steelport coming online in june, whilist not completly doubling PGM wasnt a kick in the knackers of it. We also worked the numbers on various pricing points, and the conservative end of the scale was the £1.44, the opposite end of the scale, and were not talking stupide increases in platinum, was not that far shy of £3 (over a 2-3year period). Make no mistake about this, Rukki deal WILL go ahead. Whilist we let the dust settle, alot of us felt that the price was a tad bit to cheap, that somehow we had been cheated. However, a combined Rukki/SLV et al will be very well capitalised, Rukki have also got shot of the crap that was their russian side of the business loosing oodles of cash, and with SLV coming on board, should lead to a very capablae and capitalised company. (I dont have the exact numbers as Im typing this from the holiday lodge, however if you look back over the last 3-4months, youll see the numbers) :)
at L2, this could very well finish 74-75p today. Seems to have levelled of quite nicely over after last weeks drops, onwards and upwards
This is in the "hot tips" section today. It may go up, down, left , right. Think I might buy some...its not being ramped is it....... :) lol
I will have to hedge then and open a short on a rubber ring :) bought me any IVE yet lol
As I sit here in my holiday lodge, having just picked up my emails, it is apparent that some are a tad unhapy at where their portfolios are sat. Whilist I myself have broke even over the last two months, my long term holds are still sat for later in the year when things calm down. It is nice too see urineys attitude towards things, some huge losses and yet refocussing on the job in hand. I have now moved all of my positions to med term at least, slot of people trying to daytrade right now are burning things too quickly and at a cost not needed to be taken! Uriney, head up mate and I'm sure you'll do well with the good attitude you have, and nice too see someone going back to basics, what's something worth! On a sidenote, thanks to those working behind the scenes on slv, this will play out well if people have the patience (bought back in here on friday). I'm off swimming with the kids, hope they don't drown me :)
Indeed, looks like someone rammed home that one today ! What I want too know is what poor sucker was buying 190 shares, was that meant to be £190 worth of shares. I have just checked, its thrusday, is that jobseeker`s allowance buying !!
of the evening Guano. Their was a brief glimpse this morning, in between texting opening prices to some dullard out dropping the wife off, and loading up a buy. Needless to say, I got myself back in here at a very reasonable price. SLV has been abit kind the last few months to me, playing the swings like a horse at the water trough once mentioned :) Hope everyone elses day was decent, seems to have been a blue`r day than the last 3 previous !
cant see an RI here. Part of the reason the £500+mill of loans were agreed, and I dont quite see the appeal for Trevor or Martin to dillute the holdings they have here.
who didnt say new cars. "ALL car dealerships have hit their targets"......... What used cars have targets now ? Or do you mean "plan".....theirs a differrence....how about commercial dealerships, did they hit plan ? As for the dip in now, why, theirs still 41 days to go until results, your still looking towards the end of the month until some bigger movements, why jump now ? :)
seasons in 1 day HB ! Im wishfully thinking this is going to open at the ask tommorrow, however, Im sure it will be 32.50/33 or above. I will however snag this at 30 in the next week or 2 :)
RI coming up, given the current climate and lack of stomach for such cash raising excersises, in the short term it was fairly inevitable. Hows the plants today
Did you only here about new cars hitting 100% of target min on thursday....you should have asked , apparently Id have told you that 2 weeks back. Hitting Quarterlies is nothing above the normal, considering PDG are PLANNED at the end of every quarter too hit them...... Nice to see your 2.4 doing well though :)
Ive taken my money and ran.... Done fairly decently out of here from 46p, i cant make my mind up quite where this was going so I bailed today. Will sit and watch where its going to pop to, but thats me out for now !
think everyone would take your hand off for 60p Blueman, so anything else would be a bonus. As for the take-over/merger HB, I just dont see who would wish to buy a motor group, for the returns it offers esepecially in this climate. Lets face it, for a 2% margin at best, youd be aswell burning your money or heaven forbid, sticking it in a bank, as opposed to buying a dealer group. PDG also do not need to sell, financing is secure, and once its up for renewal, times will have eased. The other side of it was it was hard enough "apparently" for PDG to size Vardy`s into the operational side and took 2+ years to do, PDG wont go for that again. Once the market place settles down abit, I fully expect to see PDG start aquiring dealerships here and their, but the mergers/big purchases are a thing of the past for now...
Indeed, if I didnt know better, my two weekly visits to sign on would appear to be more a recruitment drive for the big blue oval. I mean what next , theyll be trying to get me to hit a large car objective or something, whatever that would be :) They would also be trying to take some of my dole money of me because my collection of transits sitting in the driveway on bricks are apparently costing me a stocking charge, I thought a stocking charge was something levied on robbers with tights on their head !
HB. Nice touch buddy :) Cattles, are they not a bunch of goat hearders ? :)