PYX Resources: Achieving volume and diversification milestones. Watch the video here.
does seem odd that they put out last weeks RNS re the share price when they could have included this in todays - looks like we are finally close to seeing this share move sustainably upwards at last off the back of real sales coming through...
Been in this share for so long and yet todays results were as disappointing as anything I have seen from the company… Something about the tone of the comments made to accompany the statement seems to indicate to me that they have spent too much on gearing up for sales and not enough time on actually delivering them! Going to be a very long haul indeed to see a return on this one now I believe...
as a long term holder its a shame to see the destocking affect the SP again - but lots of other good news in the statement IMHO topped up a few more and will keep on waiting on the bigger announcements that can only be a matter of time - until then the company looks in ok shape! ;o))
Ive seen this as buying opportunity too and topped up as well... been in here a long time and seen similar press releases before... it happens... great little company thats going to get bigger and better IMHO
Non execs as we know are typically there to provide guidance and advice - he wont be that hands on... nearly looks like a way of rewarding the family with some income as they are not seeing any share price performance or dividend.... wasnt the most invigorating of appointments but lets wait and see - absolutely want this company to succeed after being invested for 6 years in them and all the signs are pretty positive currently..
Rich I wouldnt worry as a long term holder value will out if the company performs as we all hope.... These short term sells will give us better buying opportunity - hoping my rental property goes in next few weeks so I have the funds I want to really fill my boots with HDD! If not GGG is doing very nicely for me at the moment and I may have some profits to reinvest at some stage soon!
Must admit I find it very surprising that there are sellers this morning off the back of the very positive trading update - I am in this for the long haul and my targets are much nearer to 10p than 1p - the Group has fantastic prospects and I believe the pace of growth will accelerate rapidly from this point.... have been a holder for 6 years so another 1 or 2 will be no hardship!
RR you are right to speculate below that I am still a buyer of HDD! ;o)) Not guilty on this occasion though! I have a house on the market though that might make things interesting if I try to really enlarge my stake which I am keen to do! Just need a house buyer now before things really move here ;o))
Lots of good buying going on today which I am pleased about on one level but disappointed on another as I have been raining funds from sales elsewhere to increase my stake here... going to cost a lot more now to get the holding I want! ;o))
Rich this is the response received by text from my BIL Took a look and have dropped them an email. There is nothing new in tungsten carbide so I guess the IP relates to the method of laying down monomolecular layers onto a less exotic metallurgy thereby gaining some of the properties of W (tungsten) but at a much lower cost. I would suggest if that is the case the potential market is significant - assuming there is strong IPR in place. Will let you know if I receive any further feedback from him following his contact with the company but he is a potential customer so his view might be worth having!
RR i spent some time with family over the holidays and one of my in laws has long career in petro-chemicals and had never heard of Hardide - he has now and has promised to take a good look at what they do! Will post his thoughts once he shares them with me... I will be a buyer this year again as I think we have so much potential in this company!
Rich yes agree your point and its totally valid but we are still left owning a smaller proportion of the company than before so we have been diluted. Lets hope this is part of the good news though and helps us get quickly to profit! I remain optimistic and clearly so do others to support this placing - be good to see the information they had before deciding to invest though which has been denied to the rest of us as the Hardide statement is pretty bland....