Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks for the info Jonesy. Much appreciated.
We can hope for a rise, can't get any worse. The old CFO was either the fall guy, did not agree with the CEO, jumped before being pushed or saw the light and ran. The books passed audit so once they get their cash burn under control they should continue to generate revenue and profit. This ptice is rediculously cheap and if I had more readies I would buy.
Sid: You have no idea of the pain. 74% down but still a believer. Know a CFO who understands all this stuff and looked at the numbers for me and says this has great potential if they get their ducks in a row. IMO he could turn this lot around in no time but dragging him out of early retirement would take some doing.
Gun, Bang. Down so many % it ceases to amuse. See what the new CFO brings if they find a mug enough to take it on. Ripe for a takeover though.
Well the BOD should be. Down over 73% since March but bought for a long term holding as I, perhaps naively, believed they had good potential. If they go for a rights issue then I will take the hit, sell and move on, otherwise, I will stay for that long term. The volumes are low but they need to get their act together and put some of their own cash into the company and buy some shares, not give each other freebies for achieving little. Dare not tell the missus the score on this door or I'll be missing a dangly, but vital, part of my anatomy.
So, out of that revenue how much profit are they making after operating costs. Not a lot I would say but feel free to award yourselves more shares for failure to deliver. Look forward to their next RNS.
My watch says 115! (smiley winkey thing).
Instead of awarding themselves loadsa shares and sprouting about it and driving the share price down, how about informing the shareholders of their latest customers they have brought onboard and get II's and PI's interested. Great potential but they don't promote or market themselves very well.
(Yawn). So went away a week for a break and hoped there might have been some news and upward movement but my portfolio from h£ll, which includes this lot, continues its decline into obscurity.
Look really good and believe they are well positioned to continue growth as they appear to have good revenue streams. Makes me wonder why the share price has fallen over 25% since April and did not drive the price up on the prelims in May, that does not add up given the growth rate and expect H2 results (assuming they put them out) will show how well they are doing. Was hoping they would have made some sort of acquisition in Q2 but it would appear this is not going to happen.
You are not alone 138 138 138 :-)
Me too! Stock price just not adding up at all with the prelims. Maybe (like COMS) the audited results are better than anticipated and they are going to make a big splash about it. A clarifying RNS should be issued so we know where we stand as there are real people with real money invested based on the news they promulgate, if that is inaccurate in any way we, as part company owners!!! should be informed.
What I don't get is why the company have kept silent over the last month while their share price is in freefall. All the fiscal number indicate the company are doing well. Believe Riddler may be onto something when he says things are going on the market are aware of but that would that not be tantamount to illegal trading, of course we know that doesn't happen, heaven forbid! I am a huge % down and live in hope that my original number crunching is correct and that good things are to come before y3k.
Thanks Bogroll. Who knows, SYQ keep their cards close to their chest, as we can see from the huge amount of news they put out. Price slumped early last week and not a peep out of them. Given what numbers they have released they are in a good position to do well so am hanging onto my shares for the long term.
Dan: If you go where will be the voice of reason. The AIM is an illogical playground and this share price is enough to drive anyone to calling it a day (especially if you are down the %60+ as I currently am). I should have stuck to my stop loss strategy but didn't, lesson learnt and that's what it is all about, learning. Now I have to wait until the cows come home but this will come back hopefully before man lands on Mars. The BOD do not appear to be panicking (which they bloody well should be) and at this drop rate the company will be worth peanuts. Come on BOD, an update on the roll out would calm nerves. Stick around Dan, you are a good egg.
Agree. Seems market sentiment is not with this money making company. Maybe they will do an aquasition before November and they it will take off again. Certainly should not be at this level given their trading statement.
On such a low volume. WTF is going on here.
Would like to think that this being a global event that this would generate some additional revenue for the company even though their target countries don't have a team in the competition they are football crazy, unless of course they have rolled out to communities in Asia, Oceania, the Middle East, the UK, Western Europe and the US as they are purporting to be doing. Does not seem to be flavour of the month for investors as they continue to slowly bale out.
Thanks Jolly. Thought I was the only shareholder left after the last few days.
No reason, just a fickle market. AIM down over 700 points since March and tech stocks seem to be taking the brunt. It will recover sometime this century. Am down quite a bit in here so have no option but to hang on and wait for the recovery, which will come.