Member Info for Treadstone

Every other quarter is six months and that's what's coming up in feb and august (end of year).

Issues of tax are not generally contained in the quarterly figures but in the mid term and of year financial figures. The next set of six monthly figures ending december are due out in february. The report will make interesting reading. This company is still doing tremendously well imo, but for some reason has a trading range of around 7.50 - 10p which is rather narrow and a bit low considering it's profitable and generates increasing amounts of cash. That's the market for you. speculators would rather gamble in prospects in such safe countries as Zimbabwe and Romania. Not for me i'm afraid. I sold here at 9.60p with a £2k profit but will be watching here for another entry point if there is one.

You should also be receiving december six monthly figures in february, so quite a lot of interesting financial stats due.

Pop $1002 - $1007 +$22 +2.2% on kitco. So you are right. I needed more patience.

Well done all who are still holding. I got nervous and sold as you probably know. Could be lots more here depending on results.

Pop $980-985 up 2% this morning.

$973 - 978 on kitco. May have more legs...

You can't possibly be alone here and anyway this has got to be one of the best small mining shares around for reasons we all know. The only problem is the market thinks its eating away at a finite resource and won't give it a fair valuation as a result. The simply wall st link that appeared here a while back seemed to refute this argument but the market's not listening yet. What we need is some independent analysis of the company that we can all access as the wall st link does'nt work properly. All I can find is comments that Slp is undervalued but no analysis to back up the statement. It's also a bit strange that the Bod are not exactly keen on releasing much news which does'nt help. Surely the directors would want a better share price. I shall certainly keep watching this with the results due shortly.

Decided to sell mine this afternoon. I saw pop edging lower. Great company but it's had a habit of falling back after results and I can't read which way the market might jump this time around. Might as well lock in my £2k profit and maybe get back in if there's a retrace.

It would certainly be nice if the price of platinum reached $1,000...who knows. Concerning the income tax payable early feb in annual results, if it goes up that must mean our revenue must also be going up maybe leading to a small increase in our cash position. Bearing in mind in the last quarters figures our cash position went up 65% to $11.1m we are doing well. A year ago, if my memory serves me well, our cash position was around a little over $2m. So no cause for complaint from me. As for the sp pulling back buying on rumour and selling on fact tends to be the rule. Commodity stocks are generally for trading rather than holding but this one might be an exception. according to the simply wall st link there's growth in production to come here in the years ahead.

$982 - $987 up $8 on friday. Not far to $1000 but wonder if we'll get there..??

We all know mining is a crazy business in many ways. The worst thing is having no say on the price of your finished product which is decided by world markets. This affects your bottom line in a big way - either up or down. Looking back we can expect to find out what Income tax we have to pay in the six monthly and annual financial figures. The six monthly figures will be issued around the eighth february so not far away. In Feb 2016 income tax was 0.81million and $2.24million in the end of year august figures. This reflects growing revenues which are still growing strongly despite wobbles in the PGM pricing. If revenues post stronger figures income tax will naturally have to go up but that is just a fact of life. In a way it's a reflection of the growth in the company which surely can only be a good thing. So many small and medium sized miners quoted on aim are not generating profits at all, and are having to look for funding to finance their existence. We are out of that league here. furthermore being a dumps operation our costs are pretty low. If you want to take this argument further you can look at the big scale miners. Anglos have cancelled their dividend and their finances are no longer strong. Yet their shares have gone up 4 or 5 times since january 2016. It makes no sense beyond improved sentiment, and the fact that funds wanting a few miners in their selection will go for Anglos and Glencore. We are some way off the radar but we are at least a well run outfit with steadily growing revenues and profits. It could do with more attention from the financial media. Anyway let me know what you think.

way undervalued unless I'm missing something. In the last quarter's figures the news was excellent.. Revenue up 23% Ebitda up 112% (v.good) cash in hand up 65% from $6.7m to $11.1m. All achieved over just one quarter. What will the december quarter bring I wonder..?? I cannot understand what the market wants from a stock. You are better off speculating in a stock on its potential than being in something that's generating profits. That does'nt make sense to me but there you go. Better off in Kenv and Kod though those operations have yet to prove themselves. What does that matter if you take your fat profits and run. Leave the grind and sweat of getting into production to others to invest. In the end the market is for trading and not holding too long. Yet that simply wall st link shows there's there's production growth to look forward to here. However the market just appears disinterested. Strange.

To be honest I think sellers believe this will go no higher as it's similar to the spike after last quarters results. Yet if pop continues slowly rising the price may not fall back that that much ie 7.50 last time. Of course additional news and developments will alter the picture as well. Maybe the 26/1 quarterly figures and trading update will make the immediate future look much better. As usual it's all guesswork until we know some facts.

Large and mid cap miners moving up in line with rising metal prices but not in small caps at the moment. I Wonder how long this bounce will last in metals. Elsewhere there's talk of a reversal in the general market in the second half of the year after the Trump bounce wears thin.

Kitco Pop $985 - $990 high $994 low $975 + $15.00 + 1.55%. Platinum price still continuing to improve which is good news.

I might also point out that a p/e of 10.99 is not exactly that high then again Mr market does'nt always follow logic.

I agree but in money terms it's not that much even if the buys are miniscule. I also smell trouble for Donald Trump which if it gets out of hand could be bad for stock markets unless it goes away quickly. Scandals surrounding his business interests that may conflict with his role as President around the world are just what we don't want. This could get ugly even if there's no real substance yet. Hey Ho....

Sp has given up today's gain I see. About a fortnight to results so plenty of time for another move up provided pop remains stable or ticks up a bit more. Questions questions.....

I tend to believe that the fundamentals of this stock will win the day provided the trading update is good. Hopefully we will see a small increase in yield (platinum) that will continue to rise in the years ahead. The future price of platinum is anyone's guess.