SFOR - pretty candid results. Last year was sht and it’s still sht out there. Not expecting turnaround until second half. Relying increasingly on top 10, 20 and 30 customers rather than new growth.
There’s ar few trading lows today
Avct below 50p, must be a buy now
Bres could go below 4
DEsT is now below 30
Hemo, ramped to heck but looking like 1.5 again
Upl below 3 could turn back quickly
Biom below 100, I haven’t followed that for a while now though.
Usual caveats
Trek
Well done on cmc mick.
I have traded them. Excellent liquidity and lots of volatility as balance sheet is very much tied to volumes.
Trek
Defo bid coming from China coz then they would be able to read our dreams as well!
Trek
I would hope BBC have done some homework….but I wouldn’t be surprised if they haven’t!
“"In addition, Baltimore is a significant exporter of liquified natural gas [LNG] and that has implications for the UK and the EU.
"Something around half a million tonnes of LNG leave Baltimore per month, so the implications of what's happened are significant and will cascade before we're able to get Baltimore back up and running again."
https://www.bbc.co.uk/news/world-us-canada-68672373
Still good to have hedges!
Yep I will be adding in divi as well. 11% income now paid quarterly after taxes and indicated for 3 years. Not many as good out there.
My biggest holding, PHNX, had a nice lift following results which shows the market does get it wrong.
Usual caveats
Trek
looks like market has voted the bottom is in. should climb to 76p soon. that’s the last significant director buy.
cobalt, yep but like i said it’s not looking back it’s looking forward and a cagr of around 9% is pencilled in. uranium outlook is positive esp us and copper is at last toying with 4.
plus buying back nearly 5% of one’s own stock and chance of more to come looks good for the sp.
as for income i am not that impressed but the uk seems to be full of high yield and it hasn’t done the sp’s much good. most yield coming from low share prices and not much m&a follow through.
buy backs are the sensible long game esp for ecor which is on its **** against an improving outlook. even if rates hang on a bit longer at least they are now digging in the right spot!
usual caveats
trek
I thought that horrific bridge incident would knock the sp today as it’s a massive outlet for US LNG. So nowhere to go medium term. And what happens DEC opens strongly! WTFDIK!
At least I am honest about it unlike some here! lol!
Usual caveats
Trek
Hi Latius,
I have just been lucky here selling out way over 100p and averaging back in at just under 76p. These stocks are cyclical and when the macro changes you have to sell out.
I think now is near the bottom but that said I have no idea how the market will react today. It was a sht year last year results wise but there are much much better days ahead. My twopence worth has this clawing its way back to 100p.
However, as I am in need of income I will probably sell along the way and look for a more stable divi income.
Good luck,
Usual caveats
Trek
Looking forward they are proposing a new divi policy based on fcf 25-35%. + buy back.
Now that would actually mean a divi reduction. From…
“ Final dividend proposed of 2.125c per share, bringing the total dividend for the year to 8.5c per share ($22m), as per guidance”
To
“ Based on research analyst consensus commodity price forecasts and operator production volume guidance from Ecora's operating partners, the mid-point of the new dividend payout ratio would see total FY 2024 dividend of approximately 4.0c per share.”
Seems a bit odd as the numbers don’t meet the sentiment. I would rather have the divi.
Usual caveats
Trek
In line as expected.
Divi held and 10m buy back! Now the divi being held was one for us optimists but a 10m buy back now that wasn’t expected!
It’s great for the SP as it says there is no better home for the money but tbh I would rather it was invested in another royalty.
Usual caveats
Trek
Avoid, directors don’t buy on open market. They pay in options.
CEO FoS! Another Lifestyle company recycling a cure narrative for an incurable disease!
Usual caveats
Trek
Looks like shthouse are putting small trades through to keep price up.
The only way I see a return to value here now is sale of assets and return cash to shareholders.
Even if they say they have a 100m voucher. No one can believe them until the 100m lands!
And it looks more and more unlikely. If shareholders can’t trust the BoD how can we expect others externally to do so.
TB has gone one too many now. He has a load of MAR complaints and a broker whose name is now becoming sht as well across these BB’s.
I even look now at other stocks to make sure shthouse aren’t involved before I trade.
And no it’s not sour grapes I would have absolutely no problem if the science was poor but this is just robbery and greed. It’s zilch about helping folk!
I still have a few to sell and will be dripping them in now.
Good luck all
Stay away from this if you aren’t in already. There are other choices out there.
Usual caveats
Trek
That 200k sell is mine.
The mm would take 400k at the time.
I still hold some which need to multi bag now to make up for a 60% loss that I crystallised on those I just sold and the ones I still hold.
I can’t trust this twt at al nowl. To be able to lie outright in RNS’s make this totally uninvestable. Avoid.
Usual caveats
Trek
Well let’s hope the west wake up to the threat Putin is. Esp as he gets older he is looking more and more unstable!
Trek
Glad I exited Friday, the divi cut is fine but 3m in Aberdeen, an expo money pit. Really. I guess at least it’s only 3m!
Usual caveats
Trek
From bbc verify…..
“ One of Russia's major channels, NTV, has broadcast a fake video using AI-generated audio of a top Ukrainian security official in an attempt to blame Ukraine for last night's attack.
In the video, which has also been widely shared online, Ukraine's top security official Oleksiy Danilov appears to say: "It is fun in Moscow today. I think it's a lot of fun. I would like to believe that we will arrange such fun for them more often."
However, BBC Verify has established that the video is a composite of two interviews published in the last week. The voice of Danilov was likely generated using AI technology, according to an expert.
The two interviews used to create the fake video can be accessed on YouTube, one - dated 19 March - features Danilov and the other - dated 16 March - Ukraine's military intelligence chief Kyrylo Budanov.
The presenters interviewing Budanov can be seen in the fake NTV video, wearing the exact same clothes with identical backgrounds behind them.
The quote by Danilov which appears in the NTV video cannot be heard in the original interview from 16 March, making it likely that the audio is AI-generated.
Sam Gregory, an expert on AI-generated content, has told BBC Verify that the video aired by NTV was likely a "deepfake" and Danilov's voice in it appeared to be a "voice clone deepfake".”
So now they can pick a narrative to kill with! Should keep our tech to ourselves!
Trek
Remember the theatre in Mariupol that had children written on the roof?
Was still bombed deliberately by Russia burying hundreds!
Yet the BBC don’t!
The way they played it down and relegated last nights bombings to the back pages.
Palestine a much lower casualty rate gets all the headlines unless a royal takes stage!
I abhor all violence and the world is getting sicker!
Just an observation!
Trek
AVCT - not gonna see 48p now on the charts. 50p held up solid. Due a move up from 52p.
Yep now watch it make me look at twt! lol!
Usual caveats
Trek
I had it in my gun sights at 38p Tro…!!
As usual didn’t buy and out of ammo now!
Went all in on PHNX with all I had left! Lol!
Trek
Good move Latius,
Ride yer winners mate.
This is gonna bounce as it didn’t like 69p. Chart will kick up now even without news. I added a few below 72p.
Will stick now. Not too many here not too few and a change in the commo outlook or rate cut could see this go to 100p imo.
CEO will be right eventually! lol!
Usual caveats
Trek
Well done hairy,
I have had a cracking day here, huge capital gain and looks like a double bubble from the divi to come with a nice sp cushion now as well!
Over 10m in trades already! Massive volume which is what we need.
Still yielding over 9% so if that’s a risk value metric it’s a long way to go to align with Av and LGEn.
Looking at the financial news headlines that are that Phnx goes from loss to profit. They still don’t look beneath the numbers at growth and surety of revs and shareholder income!
Still if they did it wouldn’t be a bargain for us contrarian PI’s!
+9% for a footse company is a huge oversight!
Usual caveats
Trek