Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
My thoughts exactly, the RNS at 7am stated nothing that was not known. They then went shopping on the same day and picked up over 1.3 Million shares at a discounted price. Who was selling? Nervous PI’s? We will soon find out, I bought in on the afternoon RNS and will be surprised if it drops any further.
Jumped in here today, looks well overdone to me. It looked good value at 900p back in the summer.
I have traded this share once or twice and waiting for an entry point for a medium term hold. Brickability should stick to what they know, selling and manufacturing bricks. Cladding is a poison chalice, it is one thing dabbling with it on a distribution basis but getting involved with contracting is bonkers. The Cladding Contracting industry is awash with failures, DYR, I will wait for 40p.
Obviously there are concerns that the CMA review might create a few headwinds. That said, the figures don’t lie and this is a well ran company serving a lucrative and growing market. When it dips below 1450p, rinse and repeat.
i always have a chuckle when pi’s actually believe that investor roadshows will make a difference. the city and pi’s recognise value by judging the reality. i am heavily invested here , but until capita start delivering some honey, this share is going nowhere. that said, them ir’s are one hell of a ****-up.
I took quite a few of these on Tuesday and Wednesday and they look good value to me. Don’t get too fixated with the shorts, when Ocado spiked 60% in 3 weeks they were heavily shorted. As the months go on, the light at the other side will get brighter. H2 2024 will be a kinder environment for equities.
From the close last Friday, this is down 87%. What if no II’s are actually selling off? I have had a look through the print and it is not obvious, what if it is just good old fashioned panicking PI’s? Tomorrow will be interesting no doubt.