Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
Whilst not great news, I can't see this will impact the price. Maybe they saw 23rd Dec as a better date for the maiden anyway (I know it was a very tight turnaround for the 9th, but can't help thinking someone thought 23rd will be more popular). They were selling that maiden at very low prices not long ago.
So todays gains have been undone by the US inflation data (RPI higher than expected). Interestingly, the dip is pretty much in line with the SP500, so not unexpected. Missed the chance to bank gains from the last few days...hey ho, at least we are still up on yesterday as I type.
EC - this is just another example of how the markets operate. It's not all about the company on a standalone basis. External factors/market conditions can also have a significant impact.
We may all be millionaires if/when it hits £35 lol.
Feet firmly on the ground....aiming for £10 for now....Will be happy to hit that fir starters.
google norwegian cruise line - UBS have upgraded to a buy. happy days
The same Morgan Stanley that are now buying more shares....crooks
So the price was pulled down to $6.11 in the US, now back to $6.60 (up 7% from the low). At least it closed up, still rising as I type in the US. Interesting indeed......
Very unlikely in my opinion. They have passengers covering their operating costs. Unlike Cineworld. They have new ships with no business rates.
@EC don't jinx it again! leave it and come back tomorrow
@EC the percentage increase for US stock is different because the markets open at different times. So basically, the price on NYSE dropped between 4.30pm and 9pm yesterday so a bigger rise for them. Also don't forget forex impacts too - the pound is up against the dollar today.
Nice little rise on US opening, fingers crossed this is the start of the recovery. Good luck all
What is clear is that this is not Cineworld....if you think it is, then go and have a good read of the results, then come back.
A key difference is that the ships are (nearly) full so the company will be profitable going forward. Historically they make most of their money in summer months, so a loss in Q4 isn't really a surprise IMO. FCCs dragging down pricing, because I think people got bonus FCC (e.g. 125% or more) - once these are used up it shouldn't recur.
I reckon if they can make it through the winter then things are looking up. Waiting for next summer, fingers crossed for a profit after interest etc.
I wonder what they will do re the OBC next year. Might depend on how many people claim it, compared to number of holders. If a reasonable number, I wouldn't be surprised if they either reduce the OBC or increase the number of required shares.
Yes Investinvalue; back in. Not in for a day trade, happy to wait for the returns.
Bhants, they missed the analyst estimates. EPS (loss) was $0.65 vs predicted $0.11
Grayling I think he may be talking about 2023 maturities, rather than the whole debt
Looks like they took it down to $7 and now picking back up. I wonder if some shorts closed etc. Looking quite engineered, surely can't be a coincidence. Back in
been trying for 15 mins. now back in auction
UK shares gone into auction looks like.
Investing.com suggesting earnings have come in below expectations. EPS -0.65 and Revenues $4.3bn v estimate $4.9bn
Anyone else got butterflies waiting
@EC the share price is driven by a number of factors, internal and external to the company. General consumer sentiment, foreign currency, interest rates, recession risk to name a few. If general market sentiment is low, then that can be a greater influence....people have differing views on how/when CCL will get out of debt and the risk/reward of value investing. Many people will be scared to invest until they know more (classic risk/reward proposition - igher potential rewards involve a higher level of risk. Good luck all