Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Yep, agreed on all fronts. Staying mentally strong is key. UK retail punters like exciting, high-risk high-reward punts - like AVACTA. CARD needs some new institutional interest. Anyway, the business is in great shape and I'm very much looking forward to seeing the accounts in April and being part of this year's journey. Darcy W R should be given a good pat on the back!
Sadly I think CARD will now get taken over on the cheap by private equity. It's now ripe for them with a clean balance sheet and with interest rates falling. Liberum’s new fair value is £1.75. Someone could probably get a bid over the line at about £1.30. Not right but that’s what happens in shyyty markets. Anyway I continue with CARD as my biggest position. A bad day and hit to the portfolio. Will be having a couple of glasses of scotch this eve.
It’s 175! 80% higher than current SP. https://x.com/trendz_lse/status/1747242755808518210?s=46
Ok track for £517m annual revenue? £47-50m profit. Balance sheet will look glorious in the final accounts, with debt falling massively. Strong operational performance across the board. Strong outlook. A p/e of 7.5 is still looking far too cheap for what is now looking like a real quality company, generating massive amounts of cash at great margins. Online recovering well too. Delighted with the update.
Webiste - https://www.gmthkt.com/