focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
When are they issuing their next set of numbers?
Any date been posted?
Davey50 not true. Bought in early and even after Fri Mon dips still in profit and increasing!
If you can't stand the heat get out of the fire!
Yes we know its risky! It's a start up!
It's in data and AI if there's no growth potential there then your living in cloud cuckoo land!
Stick to the BS 4% savings account!
After Friday knew this would also tank Monday with investor delayed panic syndrome setting in! Held onto my holding.
Web was bleating on about lack of figures, profit potential. etc. etc.... Isn't that true of all start ups?
Analysts were advising to stay well clear of Nvidia up to their reporting of AI product sales! Sent their SP spiraling up!
Sheer greed at the expense of small investors!
And they wonder why the LSE is in decline.
If it was Nasdaq would be 71, 72, or 73!
At least no pump and dump as some were spouting yesterday!
Last Dividend SP went from £19 to £16 in line with dividend amount then continued down to £8-9. A further 50% drop probably in line with coal price fall.
Given that forecast is for yearly profit to fall by 19% per annum then SP should fall by more than £1.7828.
SP currently £9.58 less £1.7828 less further 19% reduction in line with reduced profit equates to £6.32.
Based on yesterdays SP if you held 2500 shares previously purchased at £9.00, total cost would be £22,500.
If you sold at the high £9.52 you would have £23,800 (excl. any trading fee's) to re-invest at the low just before market close.
So £23,800 buying at £9.2780 would leave you with 2565 shares.
Valued at today's current SP £9.3510 leaves you with £23,985.
So assuming yesterdays market had continued with more holds and buys SP may have reached (conservatively) £9.60 that would value your 2500 shares at £24,000 leaving you £15 better off, with fee's increasing the figure!
Yes I think it will drop to £6ish. Just depends if investors buy back in.
Good run today £9.52 but then sell off.
Less than £1M turnover which suggests many still holding.
Not sure why you wouldn't hold at least up to dividend and benefit from any oil price rise's?
I've sold out now!
They've been searching since 2021 and still nothing!
Probably just some old sulphurus dinosaur farts that made their way up over the years, and eventually bubbled to the surface!
Pharp...........................................!
Doesn't seem to be doing the SP any harm! Into the 9's now.
Let's hope strong run up to dividend payment date.
Will be some 25k sell off's though if transferring funds into ISA for start of new financial year.
If you want to sell pre share trading cessation 17th April is UK cut off.
Then it's the SARS 20% WT rip off!
Guess the Bots can't read!
Thungela hikes dividend as higher coal prices lift profit
Thungela Resources said it delivered an "exceptional" financial performance in 2022, declaring a fat dividend and nearly doubling revenue due to a record coal price.
For the 2022 financial year, the Rosebank-based coal miner said pretax profit multiplied to ZAR24.14 billion from ZAR7.51 billion in 2021.
Revenue nearly doubled to ZAR50.75 billion from ZAR26.28 billion. Adjusted earnings before interest, tax, depreciation and amortisation multiplied to ZAR29.5 billion from ZAR10.0 billion.
https://www.thenewfederalist.eu/the-european-critical-raw-materials-act-powering-europe-s-industries-of?lang=fr#:~:text=For%20example%2C%20helium%20was%20removed
The EU's critical raw materials list includes coking coal.
Looks like TGA's move into Australia not so strange after all!
The doubters and daily sellers need to look beyond the end of their nose's, or at least their sell buttons!