Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Whilst wood group up again!
Quite the divergence appearing between these two stocks, were once valued the same in market turmoil on a SP basis anyway.
Understand wood group has more venue and better profit margins, but not to achieve a 3x market cap IMO!
From both the 100 day moving average & the top of the downward trendline. Both have stopped this before. RSI not currently showing as overbought.
Will watch the close price closely and volume for breakout.
Thank you, been in the game over 10 years although took time out after 1st house purchase and marriage circa 2016.
Wont be selling it was punt money no research had been done at that point just saw the drop and checked the chart all looked good for a bounce back. £300 was all I had as change in account.
Yea big swings out there, done really well of late. Aa, amgo, card, boo, tlw. Positioned in saga at 14p and pfc as of Friday at 164p looking for another stock due a re-rate.
Appreciate the response, very well written. Recommended.
I do believe covid is dying out to an extent, hospitalizations are down as are deaths on a percentage if cases it's better managed track and trace.
It is also an activity you can dow with friends and family with income that would have been spent on nights out (bars clubs) or holidays etc
Regarding a takeover cant see it myself again debt... AA being taken over was a holder from 16p, so they have same profit after tax on income of 1/4.... not affected by covid even more opportunity as more cars ont he road less public transport look at used car demand pushing up prices.
Anyway I'll rap it up, may increase my punt of £300 at 35p... defo on to follow on a risk reward play.
Secondly you need to understand a company paying $500m in dividends when its profit barely reach/d £200m is not a positive.
Again £500 million on interst, what will it be when all the new debt is added, will it be serviceable when revenue wont be the same for another 6/12 months.
Thanks. I did see that rns, however there have been reduction rns's and the shorts. The same can be said there those companies see this as overvalued and of growing concern. Not wanting to annoy people as can see people are on edge and very sensitive here.
Mr & mrs 29% not wanting to dilute of course not, no-one wants to too but when covenants get stretched and banks wont lend anymore what do you do...
Anyone else have any thoughts on debt levels? Somewhat out of control before revenue got hit for 6 months. Again not a damper just not in the this will go £1 next month.
A holder of these not a big position in the slightest only chump change.How premier oil similarities keep popping up in my head since pmo sp collapsed on funding news.Not a dreamer just wanting to have a conversation/pick peoples brains.28th may rns $110 loan option"At 30 June 2021, the leverage covenant requires Net Debt to EBITDA of below 5.5x and reduces to 5.0x from 31 December 2021 onwards."22nd june another $250 It's great they are being leant money and not have to force through a rights issue, but it's the future that concerns me. 1. Why has there been no financial update since covid blew up, its pencilled in for end of september? 2. Anyone else see concern with net debt to EBITDA as of june 2021 of 5.5x? Looking st last results earnings of 700m and debt of 9b (I know 9b now includes lesse agreements not sure if debt agreement does, doubt it)3. Interest on debt is what worries me most £541m last year, with debt only increasing and no income for 5/6 months and will it return to normal levels (subjective but masks in cinema, enclosed enviroment with people coughing with winter cold etc far from enjoyable.Thoughts on these points, no mulan and tenet is going to save the day, my friend is going to the cinema so it's all okay again. Although tenet does look an amazing mind fcuk so will be going to that.
Agree from a technical basis!!!
Big break out coming
https://www.marketscreener.com/AMIGO-HOLDINGS-PLC-44458576/charts/
On the news today and it's not popping like i expected...
Checked out the technicals and we are up against the downward trendline!
https://www.marketscreener.com/AMIGO-HOLDINGS-PLC-44458576/charts/
Is due to resistance. Seen it so many times before, 4traders shows it nicely here.
We are pushing up against the top of decending wedge channel.
Heres the great news it's a wedge channel and we will be forced out if it rather than two parallel support and resistance taking us ever towards...
Can clearly see it well in 2 year and 5 year chart.
https://www.marketscreener.com/HURRICANE-ENERGY-PLC-15724803/charts/
i know there results looked okay and they were oversold maybe...
But come on three potential bidders!!
https://www.gloucestershirelive.co.uk/whats-on/whats-on-news/what-saw-cineworld-gloucester-first-4383773.amp
Random news story that popped up on my google homepage, may interest holders. Only got a small holding myself at present.
Lowered your average? can see you sold half of your Rolls Royce.
I'm in at 184.9p and £500 down...
Timed this just right before with the bounce off of 150p, when it came off the lower trend line, out at 200p. then back in and sold for loss to go get some card factory under 30p did very well but came back....
Summary stock owes me too and we are at a double bottom( make that tripple bottom :/ )
https://www.marketscreener.com/PETROFAC-LIMITED-4005555/charts/
I knew this but still put a spare £350 cash i had in trading into this at 34.9p earlier...
What gets me is the interest on debt that is very sizeable, eats massively into profits (check the financials 541 million last year!!!!!!!!!!!!!!!!!!).
When there isn't profit though how does this get paid, through debt and registering a loss.
Maybe i have just thrown good money away...
Technically we are moving towards the downward trend line.
This has been stubborn resistance in the past, hopefully we get a breakout to higher levels. Been stuck in this range for too long.
https://www.marketscreener.com/AA-16751517/charts/
Cash calls, if you are referring to a share placing like Ted Baker for example then no.
They confirmed today they have access to £200m bank lending and also then government lending scheme.
Volumes at 17m today! Massive even for 2 hours trading!!!
I imagine Invesco are offloading similar to what happened in AA with Pavrus. They were slightly overweight you could say with a 25% stake in the company!