Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Thanks for sharing the presentation. It's so much easier to digest than working through MANO's results which gives me a headache.
I was a little concerned about the incoming cash (£4.3m) vs the previous half (£8m) but the slides toward the end of the presentation explain the status of the receivables well. As of 30th September, £3.4m was due within one month. If you then look at slide 14 it shows cash receipts to the end of October of £6.3m. So they received £2m in October! By year end, assuming they receive everything that is due, plus some overdue payments, I reckon we're looking at around £11m incoming cash for the year (vs £12m last year). They will clearly need to increase debt to fund the anticipated growth in cases but I don't see this as a concern.
My target with any investment is for it to double in 5 years. Unless there is another major COVID breakout or the law around insolvencies changes, I am extremely confident in this investment and if it pulls back further will be topping up.
https://www.mining.com/demand-to-keep-tin-price-on-a-tear-report/
The high tin prices are here to stay all the way through Afritin's ramp up in production. Such an easy long term hold here.
Looking a bit perkier the last few days. I'm looking for a close above 345p (the 20sma) for confirmation of a reversal.
Any thoughts on the next trading update? I can't believe audience no's will have dropped considering the amount of news recently (fuel shortage, gas prices etc) plus they're still all over Facebook.
So main risk is if advertisers are reducing spend, a possibly given inflationary pressures. However even if digital growth has slowed, REACH is still fundamentally undervalued.
An easy hold for me.
On a day the government announces a major drive to switch gas boilers to air source heat pumps - one of Kinovo's core offerings, there's been a total of four trades so far.
KINO look cheap on present day fundamentals, nevermind the potential growth which will surely come from the massive undertaking of installing EV charging and air source heat pumps in most homes.
Great share to buy now while it's quiet and tuck away for a few years. Would not be surprised if this is 3 to 4X current valuation in a few years time. CEO achieved this when in charge of Anpario.
https://www.youtube.com/watch?v=yNA6s1DZdJQ
A good interview with the CEO here.
SP was due a pull back after a rise of around 800% in a year. This hasn't been helped with wider market volatility - the majority of stocks have taken a pasting recently.
Providing the market doesn't suffer a longer dip, we should see SP start to recover as we approach the next trading update on 23rd Nov.
Agreed and I think your name identifies what is required here PatientInvesting.
If you are willing to wait a couple of years I think there's at least 100% upside here. It will take time for the surge in enquiries to become cases, to become case wins and then become cash.
But barring a reinstatement of government measures (very unlikely), it will come and Manolete are well placed to benefit from the surge in insolvencies.
The company are based in the Philippines and targeting the Asian Market. The CEO and 30% joint venture partner franchised the California Pizza Kitchen in the Philippines.
They have 6 restaurants I think. Don't get too excited.
But one for the watchlist. Not sure whether any companies have a foothold on the Asian meat free market.
A rare bit of blue in my PF today which bodes well considering the blood bath elsewhere.
Chart looks in good nick - double bottom has formed I can see this breaking out above recent highs in the next couple of months as more travel restrictions are eased.
Wider market wobble seems to have instigated some major profit taking in Reach. -10% is some drop even considering the majority of stocks are down today. Suspect a fair few stop losses have also been triggered contributing to the drop.
Next support level is probably around 325p if it drops further, but still remain convinced there's a significant amount of investors who will be waiting for a pullback here and buyers will take control again quickly. Next trading update in a couple of months. Maybe a little volatile until then.
Starjump - this is one of the worst boards on LSE.
Not worth wasting your time posting on here.
I topped up today before the FTSE 250 entry.
Ordinarily would steer clear of buying following a rise like we've seen recently but think this still has legs. Love steady 1-2% gains per day - all the way to £7!
I recently bought in at 44p which seems like a nicely timed trade. Revenues should get a nice boost from fx now that travel is reopening and there is clear momentum in the b2b side.
Also fancy this to get a nice write up in tomorrows SCSW which should give a boost next week.
Well I like the look of the results and thankfully the market does too. Seem to have avoided the sell on news affair.
A few key takeways for me as to whether to remain invested:
Are the audience numbers set to continue to grow - YES
"Our focus on growing customer registrations has continued to be successful, with total registrations now at 6.7 million - over 150% greater than just a year ago. We are confident of achieving our target of 10 million by the end of 2022."
"This spring we announced our plans to expand our regional digital network to cover England and Wales at a county by county level and we're on track to achieve this goal. This week alone we launch four regional newsbrands with the arrival of NorfolkLive, DarlingtonLive, DorsetLive and MyShropshire. In Herefordshire, Shropshire, Rutland and Darlington new channels are being built into existing sites to provide full coverage for these areas."
Are they able to further monetise the audience numbers - YES
"We have now run c.50 campaigns using new 'plus' products with advertisers in a broad range of sectors including retail, travel and betting and gaming. Through our growing ability to refine the customer groups receiving this marketing we are already seeing a significant improvement in ad effectiveness with increases in click through rates of up to 300% greater than average."
100sma is at 81p. This has also served as a previous resistance level.
Expecting it to find support there. I jumped the gun a little and topped up at 86p but hoping these prices will be irrelevant in a few months.
Investor presentation is encouraging, generally a sign that business is good!
My only worry is we see another sell on news pull back like we've seen previously with Reach. Hoping that the results are that good we gap up. FUTR trading update yesterday is hopefully a sign of what is to come!