Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
BsaBantam~( I owned a BSA C11G in my youth similar era ) Totally agree with your post , given the dire pension projections as a result of the government QE policy ( oh ! But central bankers are independent of government ho ho ) , could auto enrolment be the next miss selling scandal ? If so who pays up ? It was government policy so they would have a hard time side stepping the blame. ATB
A great relief to at last get the unsurprisingly poor results Agree with your sentiments , looks like a lot of infighting over revenue recognition and common sense has thankfully prevailed. Hopefully the board can get this together , they will certainly be a lot more clued up from here. Wont be going to the AGM , regard this as a l o n g term hold . Amazed that with all the gov cuts repeat business has held up well. ATB
More likely to have trading suspended until they can come up with some credible results.
" May be at the end of the month " . I rather like that , they stated that the results would be delayed until Feb, lets hope they keep their word. The reporting standards in british markets are lax to put it mildly, even in the main FTSE sectors companies and auditors seem to come up with fictional numbers to suit their requirements . The two most successful economies in the world are the USA and China if the cons inflicted on the british " markets" where attempted in the USA the perpetrators would be banged up for 30 years , in China they would be shot. In britain after a suitable pause they are booted up to the House of Lords. Still even with the large spread here we appear to be undergoing a rise into the results so fingers crossed. ATB
Gone and a decent rise here today. The recent director sells had a large impact which with hindsight was a buying opportunity .
Hi Guzbod Yes I am invested here bought in twice once just before the Brexit vote for a div and again off the charts the day of the great Brexit sell off so I am comfortably up. I consider this a solid long term hold ,obviously it will move with the market tantrums but the recent company update was very positive and the strong div will provide some stability. It is rather frustrating that automated trading slavishly following the US market provides excess volatility especially when our valuations are not so high. Higher rates will probably not impact Lgen too much they might even assist. Having said that if the downturn continues for a few months business investment sentiment could be impacted and global growth slowed down. So dangerous times ATB
has consistently claimed that the recent record highs in stock markets are the result of his genius , perhaps he would now apply that genius to the recent record falls or even better the Orange Buffoon could declare the falls as fake news on his favorite platform twitter , then we could all relax problem over. We are now nearing payback time for the mistakes made by central bankers when they bailed out corrupt bankers at the start of the ongoing 2008 financial crisis . One thing which is not fake is the fact that the latest $ bond issuance to service the ever ballooning 20 trillion debt load has not been well taken up . No problem those kindly and thoughtful central bankers will be available to take up the slack with some more fake funny money via the printer button.
Considering all the market turmoil yesterdays rise was exceptional . Perhaps the market approved of the board changes ? Or it looks as if Zuma is tottering on the verge . Either way the future looks more assured.
I am not invested here but I am looking. Amazingly in my town their shop is bang next door to Clintons enableing instant comparison . Clints 2 customers none at till Card 9 customers 2 at till . Prices are crazy ,cards for 29 p so margins must be very thin and they certainly could raise them comfortably by at least15% because the opposition are nowhere near. The $ has weakened so they should be getting more bang for the � which will help . If they abandon the special div it might even boost the sp because the balance sheet will look more credible. ATB
Yes has potential but the lack of liquidity and large spread is a handicap . I honestly had no idea that such micro caps existed. I have a couple of AIM shares with similar low vols but I am prepared to hold them for many years. Interesting time now for recruitment with the global economy ticking up at a touted 4% growth. But are the economists correct ? If the infant trump has his way with America first and import tariffs things could very quickly go into reverse , that rare beast inflation will re- appear and the populace will not be buying at his fancy prices. ATB
How can that half wit government minister stand up in parliament and state that " great britain " has the strongest corporate governance regulations anywhere in the world , when it is patently obvious that the reverse is the case. They are now backtracking and saying that the liquidators will also investigate the actions of the directors. What will it say about " corporate governance " when the outcome of the investigation states that directors did nothing illegal ? I can guarantee that that will be the case . The old boys network will see to that, too many snouts in the trough to put out of joint.
This has risen 25% in just over 1 month with a div in the offing since the deutsche sell downgrade. One wonders exactly who the " sell " recommendation was meant to benefit ?
Very decent update from the company sp + 10% The not so esteemed deutsche got it bang wrong. How is it possible for a tin pot website like ADVFN to have so much manipulative control over the sp here without cooperation , whoops!! nearly said collusion from MM's . It is perfectly obvious that the ultimate reason for the "deutsche updates " is for the manipulation of the sp to make a sure fire quick buck. I also find it rather strange that ADVFN feel that it is perfectly OK to put their " updates " in the same format as statutory updates and within the same stream . Pretty obvious that this is done to give their " updates " the illusion of some authority. I feel that the FCA should look into this. If ADVFN are going to continue with this scam at the very least it should be confined to a specific part of their website and not within the regulatory stream. The situation at the moment is akin to the helpful guy that knocks on your door to tell you that your roof is in urgent need of attention and he can help you out. Or the nuisance phone caller that tries to scam your credit card number.
Ditto for 3rd Jan . They fancy making some easy money again. Probably a reiteration of the esteemed Deutche nonsense . I have absolutely no intention of paying them �36 to find out. A " news flash " issued at 7.10.
Steinhoff have issued an RNS stating that most of their accounts will have to be restated back to at least 2015 and the sp has risen 13 % so perhaps it has found a bottom
After the update on 7th Dec I would not be selling anytime soon I was amazed at how positive it was , normally they try and tone these things down to surprise on the upside
Since the Deutche downgrade this has risen by an annualized ( yes I know ) 60 % Still have not found out the reasons for the downgrade . The website has at last come clean and informed me that it will cost £36 / month to get juicy tips ahead of the market no doubt by email . Oh yes !! I am really keen to supply them with my email address and get the inbox bombarded with offers for viagra, magazines and various chemicals . If they sell on the address I can then look forward to investment offers from Nigeria britain and Albania . I wonder if the esteemed Deutche ethics committee are aware that their highly valued analysis has been hijacked by this website.
Should appreciate steadily from here I hope, nothing too dramatic the yield will help. Steinhoff is looking very dodgy , jt has only minimal impact here but it does effect sentiment . If it gets sorted it will have a positive impact on the sp ATB
Yippee
this opened 5% down for no apparent reason. No RNS the obvious answer No negative Brexit news No company specific news in Europe No general market downturn After some delving i found on another site a proud headline in UPPER CASE Deutsche takes negative stance on Page Group. I clicked on the article and to my amazement they wanted my credit card details before enlightening me on why they have scammed a company that I own. Needless to say I declined the pleasure of paying monthly to find out who they are scamming next. However I will be taking note to buy any such company because like Page Group they will more than recover within a matter of days. I call this a scam because a share should only open 5% down as a result of the factors listed above. They could not pull this off with regards to a large cap share , so just find a medium size company trading without large volume inform your associates that it might be a good idea to open a short term short and advise market makers that the esteemed Deutsche will be issuing a negative note and Bobs your uncle. This sort of market manipulation is highly discreditable and should be stamped out.