Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Been some good broker targets this week. The US is slowing down, but you wait until China moves from being a poor mass exporter into a rich consumer society that want big houses etc. You can put India into the same camp. Europe will be nothing but a big tourist attraction for the Chinese in 20 years!
I topped up again on Monday afternoon - only to watch it fall even further. After today, feeling a little happier. Lots of positive broker comment and upbeat rns from blt too.
Excellent results. Very promising future. Increase in cash on the bs. Good buy at some point today.
Interims are to be published tomorrow (26th Sept). Be interesting what's happened to cost base - oil etc. Should be positive overall.
Just topped up again. This cannot continue sub 1000. It might fall later today when ny opens, but feels like the right time to increase.
Now that the commercial Wimax trial has been announced, the short term strength of the sp depends on broadband. VOD now joined in. There will continue to be takeovers and liquidations as this continues to hot up. Good marketing campaign from PXC, now 6th largest provider in UK. Also new product launch today.
Results actually due tomorrow I believe. Sorry
May drift a bit short term. Results next week i think. Indications are that they have not lost too many customers to cheaper deals. BTW I have anecdotal evidence that switching BB providers is a royal PIA. BT are swamped by requests. In 9 months the MK trial will be coming to its end.....until then we need PXC to make a few quid with it's BB and phone services.
SP has had a good run on very thin volumes. I think there's news coming, and as usual leaks abound. Just my opinion, but I think positive news on it's way. I hold this one.
Good bit of leaking yesterday. Fingers crossed for today....
Steady buys today as the news sinks in. Pretty small company so may take a while.
The way these guys work is not to actually develop property. They buy the raw product, and then start to prepare it for planning permission, picking up clients on options on the way. They will sell before development actually starts. So more news, possibly followed by divi. BTW The main man is Rackham who set up and sold Waste Recycling for several squids. He knows East Anglia rather well - and all the land owners!
It's very tongue in cheek. He's known for pretending to take himself seriously. I thought it was quite good.
I hold PXC - thought they were a bit ahead of the competition. However, things change very fast in this market. I would appreciate some balanced views as I'm no telecoms expert. How does their proposition stack up? Why do they exist? Cheers.
Sky are launching their broadband proposition today. Need some more good news with PXC!
RNS - positive trading update. If you can get in fast do so. I expect a push up followed by profit taking during the day.
MIL. From Financial Adviser paper: The £10.5m deal for The Money Portal to purchase the share capital of Millfield, along with Sage Financial, received FSA approval this week. Millfield’s subsidiaries will go into administration and the Financial Services Compensation Scheme (FSCS) will not pay out for the future liabilities, leaving claimants in the hands of administrators. The deal also means that the providers – Axa Sun Life, Prudential, Friends Provident, Zurich and Scottish Widows - that had made loans to Millfield will also have to queue up to the administrators. The deal leaves the Millfield subsidiary businesses, with debts of £17.5m, to the administrators. These include the Millfield Partnership, Millfield Atlas, HFT Financial, Addiscombe Group and Millfield Management Services. Shareholders in Millfield were “unlikely to receive anything” according to sources close to the company. Meanwhile, Millfield’s unpaid commission payments to advisers will be honoured by The Money Portal, easing the fears of current and former Millfield advisers that have been waiting for outstanding commission payments. Richard Craven, managing director of The Money Portal, said: “We have lifted assets out of Millfield and will absorb their commission costs but we have not taken the share capital. Advisers can look forward to working without this uncertainty and the legacy issues they have been facing in recent months.”
PXC. Thanks - guess it's just comment ahead of planned new product pricing that has filtered through.
PXC. Any news out there that I missed? Decent volume so far and sp marked up. Maybe this will keep up the recovery? Anyone seen anything?
I think this company will be broken up. What you have missed as per my post ages ago, is that this is not an "investment" as far as the insurance compaines are concerned. They "invested" their shareholders funds (not investment funds cash) into these companies to secure distribution. The insurers who stumped up the cash also obtained distribution agreements. Naturally these two transactions were not linked in any way at all! These were never a good investment - their business model is not sustainable. I'll eat my hat if this survives. Sorry. Good luck everyone.