The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Looks like it will finish at 0.40+. Am getting 0.4075 to sell, bodes well for tomorrow. Current mcap only £11M so a long way to go yet...
Was just about to post something similar lol
its a not a temporary spike, if you look back at last 3 years, sales have been consistently increasing by at least 20% per annum. Last years issue was profitability but this has now improved by over 300%.
The future is online retailing, it doesnt matter whetever covid happened or not. More and more people are buying online, thats a given. It could be argued that due to covid a few more people have brought online instead of going out to brick and mortar shops but this can also be looked on as a positive as research as shown that when new customers start buying online and realise how cheap and convenient it is, it then leads to a change in consumer behaviour. So this covid spike could be interpreted as a fundamental change that will not be reversed once we get back to normality.
This cannot be compared to BOO. Both companies are in the same business and are both valued between £4-5bn. But BOO has annual revenue of around £1.2bn and PBT of £92m from last annual report whereas ASOS has revenue of £3.2bn and PBT of £142m. Just on the numbers ASOS should be worth twice what BOO is worth so either ASOS is undervalued or BOO is overvalued....personally can see ASOS hitting £70 by the end of the year at least.
At this stage sales dont need to go up 50% a year anymore. Even a steady 10%+ yearly increase is enough to keep the sp moving as they are now a major player in online retailing so just need to consolidate this position. Todays news shows 19% increase in sales so the business is progressing well. More importantly profit has gone up over 300%. You cant ask for more than that.
Annual trading profit of over £130M and profit before tax of over £90M. Current mcap is around £800M so current situation is definitely not factored into sp. Mcap should be in the range of £1.5-2bn.
There are more positives here than negatives. Sales have been going up for the last 3 years, money generated is being used to lower debt hence lower interest which means more profit and the combined pension scheme is now in surplus.
I agree the sp has risen but it is still undervalued. Even a conservative value of £1bn means there is a 20% upside to the current sp.
ive brought back in. This is a brilliant share. sp should be £2+. Debt is going down and profits up. Whats not to like
This still has a long way to go. NPV10 of over US$1.48 billion, with NPV per barrel of $6.00 and an Internal Rate of Return of 55% for just the Kuparuk formation at its Talitha project. With the 3 different formations this is a multi billion dollar play and current mcap is around £250M.
News is due though in the next few days. A decent upgrade of resources will be great. News of farm out will be much better though but that is probably a few weeks away.
Looks like rns on monday if the folklore is to be believed. Have seen this happen more than a few times but also seen it not happen as well. B
I dont think there will be a double whammy this time, for the simple reason that the last financial report had gold sale price in the $1600's. Gold price now is in the 1900's. Even with the lowered production and the slight increase in all in costs of production (about $1k), there will still be a massive rise in revenue and EBIDTA based on the increased price.
Each ounce of gold sold will bring in about $900 net profit. CEY is a low cost producer and more importantly does not do any hedging so is poised to benefit from high gold prices. Quarterly production will be about 20% down from the previous quarter but the sold price will be about 20% more so this evens it out.
I picked up some shares last week for £1.55 as feel the current price is a steal. This will easily get back to £2 in the short term and if the price of gold breaks out over $2k then £2.50 is also possible.
"Work is nearing completion for the determination of an internal resource estimate for the deeper and independent Kuparuk horizon, which is now forecast for completion during the first week of October."
According to this news should come in a few days. If there is a decent upgrade of resources then the sp could breach 50p. Ive got a target of 60p-80p by the end of the year at minimum considering its a world class oil deposit and there is no debt.
managed to get out with a 10% loss, feels better than selling at >40% loss so feel like i made a profit lol. GL to the rest of holders though, im just getting a bit sea sick with all the ups and downs lol
Mcap of only £250m and with a world class oil deposit this is only going one way. I'm just hoping it continues going up a few per cent every day
ive brought in at 41p. Massive upside here. Was waiting for a dip into the 30's but with so many buys and so few sells that doesn't look likely
For once I managed to sell out near enough at the top at 4.9. Couldnt ignore a decent 4 figure profit. This share is still a multibagger in the making though so looking to get back in. Just hoping for a dip in the price.
Fundamentals havent changed here but this is a company operating in Tanzania so expect some delays. Still feel that mining licence application will not be a catalyst in rerate. What the rerate needs is news of funding which should hopefully be announced before the end of the year.
Conservative estimate on news of funding is 10p. But as this is AIM I would also say a spike to 20p+ is also on the cards.
This isn't a get quick rich scheme. Its called investing and if you think that its a case of putting your money in and making loads back in a few weeks then this is the wrong place to be. But if you are looking to invest over the next 12-18 months then yes there is money to be made.
Using the word investors should give a clue that making money from an investment takes time. Its a bit too early to go around saying people have lost money on this share. Back in 2008 same things were said yet who were the ones laughing in 2010. The people who stayed invested throughout the lows and held on till the other side.
Ive followed the lead and topped up with another 3k shares at 41.3p. Cant go wrong at this price, only a matter of time before NY and CAL cinemas open. Its been proven that people will still go out to watch a movie as shown by Tenet making over $300M at the box-office.
Once CINE have all their places up and running then £1 is a realistic short term target especially with the new movies out from November onwards.
This £1 target price is highly unlikely IMHO. That would give a mcap of around £2bn when ITP Aero alone is worth that much. Even if next month the worst case scenario happens and 2.5bn shares are issued that would then mean 4.5bn shares in issue. The fund raise would get rid of the financial uncertainty till at least end of 2021 so would allow the mcap to recover to its correct value of £10bn+ or £2.20+.
Its a win win situation for the private investors. Either it is announced that no funding is required in which case the sp rerates above £3 or a fund raise is confirmed which also allows the sp to rerate above £3. The latter may take more time to achieve its end goal but overall the sp will eventually go back to its correct value.
That is why there are so many derampers on this board. They wouldn't be here otherwise. No one comes onto a board stating this share will collapse without an ulterior motive unless they have mental issues (1 or 2 posters come to mind here, they know who they are lol). Everyone has their own agenda but the underlying common theme is to buy in at their target price and sell it later for a profit. The only issue with waiting for a lower price is that it may not happen and you may just end up on the sidelines watching the sp increase everyday.
The sp is severely undervalued at the moment. The tide may have already turned here, we will just have to see what next week brings
https://www.reuters.com/article/uk-health-coronavirus-airlines-recovery-idUSKBN25Y0P2
"In contrast, Chinese capacity has snapped back to more than 90% of pre-pandemic levels due in part to a summer travel boom, OAG says. It is expected to recover to last year’s levels by the end of 2020, according to industry forecasts.
China Southern Airlines 600029.SS, the carrier with the biggest domestic market share, even returned to year-on-year capacity growth in August."
How does this affect RR. Well there are 45 A330's and 6 A350's that are powered by Trent engines. That's 102 jet engines from just one airline that are bringing in significant revenue from the power by the hour model.
This is just a fraction of total revenue as there are thousands of Trent engines in current service. More importantly the vast majority of them are in chinese/korean/japanese airlines so Rolls Royce is in a different situation when compared to the likes of IAG and Easyjet. Those 2 companies are still in the early stages of air travel recovery but for RR it's a case of maintaining the strong recovery that has occurred so far. In their main markets air travel is significantly higher than 70% of 2019 levels. Of course when you add the other markets no matter how small they are overall utilization is most likely just under 70% of 2019 levels but the key aspect is it is not too much under 70%. This is the magic figure as the base case scenario assumes air travel to be at 70% of 2019 levels in 2021 for there to be no dilution and for RR to have a positive cash flow in H2 2021
As I said everyone has their own strategy with their own risks. Leave it too late and you will miss the ride back up.