Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Finally bought into Warpaint today. It looks too cheap for such a fast growing, debt free company. Have a bought the top? On a FY24 and FY25 p/e of 20 and 18, i don’t think so!
By the way Teneo hasn’t given me the January date for the trading update yet. Am chasing. If we don’t get one by Thursday 18 Jan, I will start to wonder if there is a corporate action going on… could be buying out a smaller gifting retailer… or maybe a PE approach. Either way, the value on offer is compelling
Stockopedia showing slightly increased forecasts today - must be a new broker note out for the big boys....
Quick post on X about TCAP - https://x.com/trendz_lse/status/1744671530016006351?s=46
Hi all, i've joined X and have written a short post about CARD - appreciate any thoughts (currently have 0 followers!).
https://x.com/Trendz_LSE/status/1744331577235009630?s=20
Bit of an overreaction today?
If *
Thanks - I got confused by Stockopedia’s cash entry (which actually includes ‘short term investments). Not sure short term investments is the correct classification. Anyway, considering a punt here given discount to NAV. Question is, is the NAV correct? From what I can see the majority owner gets paid a few million of the NAV goes up - fishy
Apologies I’m being a little lazy with my research here but how/why does the company have 170m of cash on its balance sheet and no debt? Thanks
I think the chances of a profit warning are very minimal and that the risk is to the upside (i.e. raised guidance). I think we will see 120p plus soon. This is based on: (i) anecdotal evidence of strong CARD trading, (ii) Darcy's prior track record, (iii) an already ridiculously low valuation, and (iv) a long term technical uptrend in the SP. Bon chance, all.