IC article today is very positive - this is the summary22 Aug 2019 14:54
IC View The broker also suggests that following the balance sheet revaluation, Anglo’s implied trading range is 187p to 271p (based on the shares’ price-to-NAV multiple range since January). While they wait, investors can look forward to a rise in the dividend, and every-growing liquidity. We stick with last year’s call (140p, 12 Jul 2018) - buy.
look at the improvement in income and debt position over 18 - 24months - this is worth paying for
The only "cloud" on the horizon is that the majority of the profit comes from the coal asset so there are long term issues and they need to diversify - the model they offer works well so they need to identify and buy into some further assets
So there is a lot in here I find surprising; No field work in Greenland this year? Clogau now the core asset? Open to 3rd party investment in Greenland (GF has mentioned he has been working on deals several times but it seems no progress)? HH could be sold? (just when it could get really interesting with new wells at HH, new sites in the PEDL, and planning for full production)
Not sure what I am thinking about Alba now........
Empiric Student Property’s (ESP) revenue rose 14 per cent during the first half thanks to improved occupancy and the contribution from new developments. Property expenses also dipped despite an increase in the number of operating assets as the average cost per bed declined 11 per cent. The gross margin rose to 68.5 per cent, from 62.3 per cent, and is on track to reach the full-year target of greater than 67 per cent. Buy.
several very large buys with round numbers of shares this morning........interesting
I also hold Green REIT and they were upset with the share price discount to NAV and so have sold themselves recently to generate share holder return......the discount of ESP is similar to Green before they went to markey.
in terms of timescales IMHO the biggest lead-time aspects will be for the developers to train their coders how to correctly define the suitable advertising areas in the game via Unreal engine and then TEST that the adverts load correctly and do not slow the game down / stop the game or cause errors.......they will need to test various scenarios (such as data-link outages etc) to make sure the process works robustly.
Bluejay started in Greenland before Alba but seem to be pulling further into the lead......Alba need to get a wriggle on at Thule and identify how/where the material will be processed, the (quite limited) infrastructure to mine and transport the resource and the necessary permits from Greenland..........