Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Would have thought it was still Merian closing out - that should take us near to 6p on its own, then we can look forward to others piling in when they are gone...
Best news I've had for a while!
Basically the consolidation means that we all have 1% of the number of shares we used to have. So our holdings are actually down in value a fraction today...
Today's New Scientist daily e-mail picked up this:
'In a few months, European Union lawmakers are due to rubber-stamp proposals to make a raft of monitoring devices mandatory in cars within three years. All new models will come with black box recorders, intelligent speed assistants, drowsiness-monitoring cameras and more besides. While the EU is taking the boldest steps, other parts of the world aren’t far behind.
To some drivers, this may look like intrusive surveillance, but these technologies should bring plenty of benefits to society, finds Chris Stokel-Walker. Evidence suggests that they will reduce accidents, bring down the cost of insurance and help train automated driving systems, while safeguards will prevent drivers being identified from recorded data. '
Lead articles in this are usually picked up next day by more than one national newspaper - and sometimes the Beeb too...
Good positive RNS that the market seems to like - just shows that there was no reason for the SP decline, other than perhaps the lack of news flow.
Or you could just use the filter facility - you won't miss any nuggets from them - if there is something useful someone else will comment on it ...
GLA
I don't have a problem with anybody forming their own opinions - just the ones that think their own is the only one that matters to everyone else.
Red - definitely one possible scenario, but there are others - including Europe siding with USA and imposing tariffs on countries that deal with China, forcing Japanese government to choose sides and their companies finding themselves in difficult positions. All I was really trying to do was emphasise that posters that would rather dream solely of Team 300 and pooh-pooh poor ET need to take a look around at the big picture. This is still not a 'safe' investment and this board is stronger for alternative views.
I take it you don't live somewhere close to an aggressive superpower that has a very large marketplace. DYOR - any number of articles around.
Those that want to ignore the macro-economics look away now, as I suspect the Geo-political view that suggests that in the event of trade wars Japan will align themselves with China (oops - no Toyota win!) will also be an unwanted post. Personally I welcomed the reminder that we are just a cog in a wheel.
'Cheer for your home team'? - that implies sport too - US basketballmight work? Gets better...
On the credit side, Jack did at least oversee a clear out of the underperforming members of the Board and make sure that the engineering team had an incentive not to wander off to Toyota by making sure they had shares.
So now we appear to have the technology and the management sorted - if the PR, marketing, sales and finances kick on now we'll have a great company soon (with a sensible share price) instead of a potentially great one .
Some great posts guys, but it is worth remembering that many of the posters on here (me included) have many more shares than the individual directors, who really ought to know more than we do. The BOD showing some confidence with hard cash (once the results are out) would help me stay positive while I'm waiting for all these orders. Oh and we still don't have a permanent Chairman...
Sorry If I'm sounding like Baxter
Haveagoodday: If I was there I'd be backing Set in Stone in the first and maybe a little E/w nibble on the topical Golden Apollo later. Have a good evening and as always DYOR!
Perhaps the big II's will notice this - from the Times business section today - '... the software company Mirada intergrated Netflix into its Iris TV service. The share surged 1/2p or 36.7% to 1 1/4p'
While I'm being contrary, I was a little taken aback by the short statement in the latest RNS...
'During his time as interim CEO, Paul McGlone has reset the Company's strategy to continue to build market share across the Automotive and Fleet divisions in the near term, ... '
Does anybody have a view on why the Company's strategy on Automotive might need resetting? Or better still how it might be reset? Given that all the RFQ's were pre-Paul as CEO, I wasn't sure this was good news.
I posted about the 2m, not the 8 - it wasn't showing when I posted. Happy to agree that the 8 is a sell, but still puzzled by the lack of impact on the SP.
Maybe, but I've seen my own trades show the wrong way round too often to be entirely confident that blue means blue or red means red. I'd rather judge on what the SP is doing. Mind you I'd miss Baxter...
I wouldn't necessarily assume that it's an insider selling - I think at least half a dozen posters on here have claimed holdings of 2m before now - perhaps one of the more pessimistic ones has finally given up and gone to play golf. The way the price has held it could be a buy anyway!
Spent this week trying to top up my holding. Nobody wants to sell me any even at the ask price. SP go up soon?