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Thanks for your concern John/YP/Kreature. My entire holding is in my SIPP with a decade before I can retire. I’m being very careful not to “ramp”. I was careful not to post but some on here are slanderous about the board. I have no misgivings about the management of this company. I hold here without being diluted and the company goes from strength to strength. The share price remains low due to a paranoia amongst twitchy investors who vote with the sell button when confused. This paranoia is fuelled by a few negative individuals who actively seek out contra indications and twist them to portray what is an incredibly simple operation as some sort of elaborate con. On a low volume Company this has a real affect. It’s frustrating. I find myself annoyed at posters who berate the management. Some people on here however have a more balanced view and some have considerable knowledge. I am here for those posts which unfortunately are often hidden in amongst the weeds.
I’ll just add my opinion. I hope that we have been paid for 150,000 tons of product in 2022. I believe this will result in the bank balance going up by around £3 million. Next years target will be nearing 200KT and I see no significant issues in reaching 300KT per annum. Any dividend would be nice and the share price will react favourably. Anyone invested with a 3 year timeline is well placed.
Thanks but I think Brian’s right… This board has little utility due to anonymity. I originally posted here in order to get a balanced view and combine research. Over the years the facts have come out and there’s very little unknown about the operation. I like the company, it’s management and beleive I have little to gain from time spent on here. Now it’s just a waiting game. I’ll top up again on pay day. Good luck everyone.
Merde et all. 1M shares bought in SIPP in 2016. Average was 4.8 and is now 6 due to adding. I’ve held throughout. Target is c twice the previous highs which will come with the dividends. I’ll stop posting thanks but will let you all know when I’m out. Meanwhile I’m trading in an Isa but that’s only small amounts. Target for ISA is 20p = new kitchen.
The BRL is responding really well to the challenge. If Lula gets in I’d expect the BRL to step up against the dollar.https://www.bloomberg.com/news/articles/2022-10-03/brazil-assets-set-to-outperform-as-lula-bolsonaro-go-to-runoff
$88AUD is a good valuation for the company right now. Yes it’s way undervalued. So we agree it’s undervalued now with huge unaccounted for growth also underway. Good investment for short medium and long term. Sentiment is slow to catch on. Dividend will change that.
So, 78aud in Q1 suggests a sales price of 300BRL (exchange rate was 0.26 average in Q1).
25% rise since then suggests 375BRL.
10% inflation over the next year is 412BRL in one years time. add a further years inflation and just tracking inflation your at 450BRL per tonne.l in two years time…
I suppose my point is, make your investment based on future projections. If you base it on today, tomorrow you’ll be out of date. I thought this game is risk reward….. what’s the potential and what’s the risk. Bracket that in a timeline. Two years from now, 350KTpa at 100USD per ton. What’s the risk to that? Weigh it all up and decide if you want to invest. Periodically re assess. The share price reflects what people are prepared to pay… that becomes subjective. That’s the tricky bit and is the only reason we have this opportunity
Let’s just work on 100USD per tonne. The price is in BRL anyway. If it’s not there yet it will be soon with inflation. The point is, as it always has been, cash generative profit making simple business which is fully funded. Some minor muppetry with the RNS and some knee jerking investors who should by now know better. Opportunity knocks.
SOYO. I did buy yours at 12p. I didn’t expect the RNS for H1 to be written almost intentionally negatively with no mitigation. I feel frustrated. I’ve no doubt that the price will recover but this company is hindered by terrible shareholder liaison and a lack of transparency. Brian needs to take a long hard look at his team.