Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Up 6% in the end. Looks like I made the right decision to stay in this share as a recovery is in progress with the news looking much better going forward. No takers are required after all.
Looks to me as if Esken and its advisers have found a default in their favour? The share they retain is in question and they no doubt hope for a greater proportion of the reformed Airport? I can see a bond holder Insurance backed claim coming in here. Unless someone knows different. No dates set yet and the technicalities may delay the process which might suit Esken if commercial rates come down -who knows?
See the shares are moving up today which cannot be all down to the new "Fresh" beers being released by the Brewery, but suspect may have something to do with the CFO buying over 347,000 shares in the Company two months before the release of May results, and possibly therefore making use of his purchase window whilst he can? Suppose shows faith in the Company and he has confidence in it. Half year results confirmed as 14th May on Morning Star. DYOR/GLA.
Seems the Marston/Carlsberg Brewery partnership is going really well with no debt and producing a lot of income. For both Marston and Carlsberg as well as reducing costs through economy of scale that even Stonegate are now benefiting from too with the signature on a deal to supply their 1500 pubs/bars,etc. to the 1400 held already!
So with Marston looking for a new Chairman and with them looking vulnerable to a take over, perhaps Carlsberg or Stonegate who have a vested interest in the business might have something to say, or might even think about their own take over? The debt Marston have is only being half of their property values which will might make this attractive to a pub operator but also to the Company where the Marston Chairman is heading which is "British Land" who will have already selected why they wanted Rucker in the first place as someone who knows the true value of Marston property inside out! Always worth an alternative view to balance any negative side with a positive view and this is the way to balance any argument for or against a share. GLA interesting to see how this plays out in a Company both Carlsberg and Stone gate and BL will have close vested interests!
Doesn't look as if after he has packed his "rucker sack" that the stock market has reacted negatively at all. Perhaps a change is as good as a rest and things can move forward for shareholders where it will pay dividend!!!
Chairman clearly comes from a Property background - perhaps someone with experience in the Pub/ restaurant field is the key! Or we can see a sneaky take over in the offing.
I see no statement yet actually from Marston.
Looks like the market makers see this share as now worth more value. Price indicators currently up 50%?
Is something else in the pipeline to add value?
Esken Shareholders still own Southend Airport and the hostilities are settled with the business Court to decide on ownership which could take years to decide based on Court backlogs. In the meantime Southend Airport has the new capital to expand, and the old capital restructure argument behind it. Suggest the doubters should read :-
www.londonsouthendairport.com/news/london-southend-airport-strengthens-its-capital-structure/
Even though Esken may well own less when all of this is finally approved where a process will take some time (as reported by Esken) I can see with clear water ahead the price of this share recovering a lot. As can be seen by the recent movement on Friday. DYOR and GLA.
Eurozone inflation down to 2.3% most wondering why they have not cut rates already. Suppose they just copy the USA who also showed inflation at 2.4% just above their 2% marker. Cheaper rates soon. Might prompt interest here.
Thousands more passenger places announced by Easyjet for Southend :-
www.msn.com/en-gb/travel/news/easyjet-announces-more-southend-airport-flights-with-thousands-more-seats-to-europe-this-summer/ar-BB1jlXcM?ocid=msedgntp&pc=HCTS&cvid=2727805e997240f89ec4414e83011f5d&ei=29
Might become far more interesting when full disclosures are made to shareholders? Or Esken going to fight them as well? Apart from taking from the BIO MASS sale a large sum for their own pension scheme where have the interests of shareholders been secured? I do not feel we have seen the end of this yet, and the Business court might investigate further too but in the meantime the company continues to trade with secured finance verbal agreements, or longer term agreements that have been in question and may still be valid? Also no talk about what happens to Esken if they do lose Southend Airport?
What happened to the £100million Esken gained from the recent sale of the Bio Mass business? This will not have been paid as it would have reduced the credit facility under question. So this is still due to shareholders, as well as the other Esken interests. I have not seen anything from Esken to say that the Company itself will be wound down. What has been in discussion is the running and ownership of Southend Airport. Not all lost to be honest and I still see alternatives coming through from the other major shareholders . However what happened to the robust defence -perhaps the judge will see this and not approve the takeover of the AIrport if unfair to existing shareholders.
Agreed saw 17.5% and must feel short changed where Carlyle group prev. were talking about taking a 30% stake for their £200m? Does not make much sense on previous values for a Judge to be concerned.
No mention of Carlisle airport either which shareholder own. For months Southend Airport has been advertising why one should invest -so can see a revolt coming from existing shareholders or an alternative from the big shareholders. Not done yet in my own opinion. Just as Easyjet announce on MCN news flights too. Value might increase for the Airport now if it does carry on without debt enough to have alternative proposals? We can live in hope but surprised what we have seen with Shareholders being told previously what a robust position Esken are in for the convertible loan terms??
Yes brokers are upticking this share and just as the canny Directors have disclosed their etake up on their inherited shares based on performance, plus future options, again linked to future performance and one additional purchase at 33p -all released tonight at close.
Those canny Directors have taken them up at an opportune moment in time in price. Good timing I would say!??
Should see a response in price very soon as this share is looking to rise, and the Directors know something. IMHO.
Barchild - Actually my spread over the market for the past 3 weeks has risen very nicely thanks. I expect the two or three speculative shares also to turn positive very soon. It always pays to spread risk and buy some additional risk when the time is right. I always suffer with too many gains for the year and with the CGT allowance being reduced that makes life even more difficult for this and next yr especially. Still all to their own. Positive comments can bring out the short sellers (I wonder who they are on here) and then it's time to buy again, as they have to buy back sometime and always appears to make an appearance as the price is starting to rise? Funny that! GLA/DYOR and enjoy.
Loan rates will be coming down soon which will help. Wages are now higher than inflation too so more punters have money in their pocket. Beer is still cheap compared to Vapes of Cigs for a working man. Warmer weather will bring in more business. Lots of rubbish on here referring to no. of pubs, etc. and some seem to have missed the fact the Partnership with Carlsberg has just acquired supplying over 1500 establishments to Stonegate, as well as supply the 1400 plus of Marstons own pubs, and yes Marston still own 40% of the joint brewery venture with Carlsberg that has also been growing fast! So cheaper loans, more sales, and we await the Brewery figs for Christmas and the new year where the 8% increase in sales declared by Marstons was only it would seem for their pubs, and not home sales through the Brewery. Lots to look forward to and a good price to come in.IMHO. DYOR, GLA. ps. Sooner or later we will be seeing like on other FTSE cheap shares some positive action we just need to be patient but many shares are now moving fast into recovery mode and this share will follow soon I am sure.
Looks like someone is doing just that a large 500,000 purchase just gone through. To add to someone very large trades that appear to be a buy rather than an indicative sell. Interesting!
Yes I have seen the range of the share price being altered on the day to keep the price suppressed and I wonder if there is therefore a shortage of shares actually being sold and so dealers are trying to get more to sell to buyers where they hace a shortage of their own stock. Some will then panic on an indicative lower day price and sell. I see this as a time to buy! I cannot see the past big boys who have backed this share allowing their own share ownership be watered down by Carlyle Group, and so we might be getting something positive soon. GLA/DYOR.
Suppose when you have the Directors selling large numbers of shares at a 15% gain in share price for the year one can see why brokers are marking down on sentiment. They are no doubt making use of the 30 day window before the results. So the Market is thinking this might be a reflection going forward I suppose. Does seem a big drop for today however considering but Sentiment can play a role, and it does seem strange selling before results and where the govt. has reined in CGT for the year?
A few days to go for results -which might surprise a few as the new mine is on stream for full production. Whereas the last statement said production is to be as anticipated they said Silver stream was ahead and whereas Gold was down for the year they still felt guidance would be met as December saw a 15% increase which makes one wonder if this has continued into January and Feb? Results could be interesting and may be a pleasant surprise. As might any cut news from the Fed which has been played down but it will come.