Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
The money shop.
Can't be bad adding that many shops in one go.
Bolt on earnings.
Bit of a spoiler alert but things seem to be on track. Progress on all fronts by the seems of it.
I wouldn't say the share price action was dead, its just slow and steady that's all. Sure is rock steady when the markets go down, and it's a refreshing change.
Nice dividend, this has been better than buying your own panels and taking the income from them.
I would imagine it would be licensed out with some kind of fee per year maybe depending on usage.
We will have to see.
It won't be free though, maybe customer's will pay for this kind of thing also.
If it means they can use a phone it must be worth something to them.
The results look good just had a quick look.
Profit is down a bit but explained as temporary as a office in Warsaw was empty but is being penciled in to be let out shortly.
NAV is up, dividend is up a bit. Once the office is let out it's onwards and upwards.
Lots of irons in the fire here.
I was thinking that myself, what a load of claptrap sister.
You have done well here Matt,well done.
Sister has made a right Horlicks of this one,and still no evidence of foul play with clients that sister keeps banging on about.
You have done well to stand your ground Matt, volatility seems to be creeping back and that is normally good for profits.
IG index has become to volatile for me at the moment, but it seems to be recovering well. The ceo leaving at this important time seemed to inflict maximum damage on the share price.
As usual sisters court case clap trap is just that.
Earnings clarity should steady IG going forward.
I bought Alibaba but that's had a bit of a bad run, but seems to be coming back. They are targeting 102 years of growth. If they pull that off it should see my kids into retirement lol.
https://www.barrons.com/articles/apple-stock-price-forecast-1539958952?siteid=yhoof2&yptr=yahoo
https://finance.yahoo.com/news/alibaba-robust-ecosystem-supercharges-2018-101500512.html
Alibaba Group Holding Limited (BABA) today officially kicked off the 2018 11.11 Global Shopping Festival in China’s capital, promising this year’s mega-event will be the largest-ever in terms of scale and reach. The Festival will also demonstrate the enthusiasm of consumers and brands embracing Alibaba’s New Retail strategy – the convergence of online and offline retail through technology. On the back of China’s explosive digital transformation, the Festival’s astounding growth over the past decade has powered the steady growth of quality consumption sought by Chinese shoppers.
You were mainly on about a court case, and that was your main point. And it was wrong, unless I've missed a few RNS's,
The fall has been about loss of earnings and how truthful the ceo was when he said it would effect earnings by 10%.
And saying as he's leaving until the earnings start rolling in its hard to say or guess what the earnings will be.
This uncertainty is driving the price down.
Not the court case you were constantly banging on about, and ppi whatever, but until now nothing has proven this to be right. And your still banging on about it.
Finally bought in here, think it was$155.
I think going forward that will be a good entry point.
12 months from now that will look very cheap.
Looking good, very nearly fully let!
And in house facilities management progressing well.
Well Matt I did view IG as a very good investment and it could still be, its just hard to tell how much impact the changes will make now.
I normally do take a contrarian view when investing but the bad news just hasn't stopped here, the ceos timing is impeccable if he wanted to cause maximum impact!
The director sell off on its own wasn't so bad, the review on it own wasn't so bad, then the cmc update suggested that maybe IG's view of 10% was lowball.
Then the ceo jumped ship suddenly and I get a bad feeling that he knows he has given us a lowball figure of 10%.
And the game is up.
Personally I wouldn't invest any more until you know for sure what is going on with earnings. This could go to £5,xx before we get any clear answers.
All the stuff sister says about law suits is naff all to do with anything if you ask me.
But if spread betting isn't that easy or good any more IG are just a discount broker.
So I need more clarity.
And its quite unusual for me to jump ship like this.
I normally hold and hold.
Alibaba can't be put in my isa either so just in cash at the moment with that holding.
Maybe I will be wrong with what I did, but at the moment it's lower than what I sold at.
Poor timing or good timing by the ceo, that is the real question.
And I feel he's smart enough to have timed his exit just right.
Yes I do tend to take large ish positions, and don't diversify with 20 positions like some do. I don't like to keep an eye on to many holdings.
But if I hadn't already taken some profit in May, I would have a small profit.
This week has been a really bad one for IG and the shareholders.
Should have taken action sooner really.
But was put off with the Ceo saying only 10% hit would be taken and back to growth after 2019.
With this dividend I thought I could handle that.
But when the Ceo jumped ship that was the final straw.
The trouble is I do think IG gets traded a lot, if I remember rightly they have it on the trading platform pride of place, which in good times seems to turn this into a rocket, but in bad times a submarine.
IG certainly have given folks the ammunition to short this company.
I fancy Alibaba next.
Hopefully Trump rocks the boat a bit more give me a good price.
Well the usual suspect was wrong also,they said it was all about the court case,but it was all about the update and the trading.
Both were bad,and CMC update suggests 10% is wrong,then CEO jumps.
Luckily still made a profit and took a big chunk of profit in may,still made 5k all in all.
My farthers position I suggested he took some profit in may the same as me and he didn't so he made some profit but not much really.
I should ignore him really and do as I wish next time.
Well this has spooked me and I’ve sold the lot.
Should have sold the lot before the update.
This guy has gone for a reason.
Still booked a profit,and with my other profit taking in may,have booked quiet a bit in total.
But what does the CEO know?
Is spread betting viable now?
its looking like we were fed a line with the "it's going to cost us 10%"
CMC have already said 20%
So what is the cost?
Jumping ship says it way higher than he said.
3.89‰ San Leon lost today so lse says, so your not far behind yourself sister where losses are concerned.
Same here Matt, sold some a long time ago I think I posted here or ii, but kept quite a bit for the dividend.
When that dividend is reinvested it could produce a capital gain as well, not long now for the dividend.
Although it could rebound by then.
San Leon or IG, mmm
I think I will keep it IG, what I've lost today I could loose in one hour of owning San Leon.
Although as I'm holding long term for income it doesn't make a lot of difference unless I need to sell for the money, which I don't.
And as IG is just a part of a diverse portfolio it doesn't make a massive difference if it goes down one day.
Once those shorts run out of steam it will go back to close to where it was, as the trading update was roughly where IG said it would be.
Last one out of the short has to give IG some more profit!
I will keep my bet on the house winning in the end, and re invest my income for the rebound.