Member Info for Webba1

life cyce of a mining company - very interesting graphic- not everyone waits till first mineral is extracted...https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/

my read on entry is usually wrong.... having said that i have now started to use technicals to start to plot entry!! wished i'd gone for that before jumping in here.....
https://www.tradingview.com/x/4TYLYlKw/ my view - highly oversold. needs some volume to get motoring but will do on news! will move quickly

Ha, bounce off support line. Buy in as the presentations to investors outline detail. All depends on your timeline.

I see lowest it bouncing off 3.13 if the techs have any sense

Given up trying to guess today’s move. Suspect it could gap up as it’s better than guided. Less profit taking so people will jump in as technicals look attractive. Will have a look later as not doing anything at the bell!!

So my view

- good growth. The 25% has been the annual min expectation so delivering 41% with little add on from the new acquisitions is superb.
- margin protected so far- first stage growing GM by 20 basis points with other headwinds is a real plus.
-149m of ebit. +40%
- net cash 276m +35m throwing off cash.
- first pointer in op highlights is on AFC.
- second on corp governance. That’s a key signal for the II’s
- third point is on the multi brand platform.
- distribution center and investments in automation.
- active customer base grown 28%

He’s being coy as the ASOS ceo was on growth as the landscape had temporarily changed.
- ‘trading so far this year has been encouraging’
- ‘as markets reopen we are already seeing the early benefits of this’

As for the new brands, the 5% is adding 5% to the overall growth of the business - which seems stupidly light?? Or my maths is wrong - 25% growth is £425m ish 5% is 21m ish ?

Expect to see lots of good stuff ahead of this on the 9am call

Consensus won’t be far off either way or there would have been a RNS signalling this.

If you’re going to ‘comment’ on a board at least add some form of rationale to your ramblings

That’s one hell of a gap up. Hope it’s true but I’d not buy the Porsche just yet.....

Honestly- lose the rear view mirror kitty. You’re using last years earnings. Look tomorrow. It’s likely to be closer to 38

Lots of selling ready for a bounce on results. 3.25 next resistance up to 3.73

Even as a holder that’s a hell of a PE

What does it take to pique interest in this?! Is there some nervousness on the resource?? Nervousness on covid in Brazil?? I must be missing something?

Good news. Hasn’t been much volume about but this should spike interest and as pointed out some juicy parts around financing and progression

Can’t access azy as looks a decent opportunity. My other mining play is HZM. Some similarities to ecr- but about 2 yrs ahead with exploration proven on Nickel. They’re on route to production, off take and cornerstone I expect in next week or so.

Feeling positive on results. SP reaction will be dependant on integration update, why they bought the offices rather than lease and tie up cash and recent trading and outlook....

17 May- Friends and family will see big domestic market (relatively) when boris announces the RAG list for July expect a stampede particularly if the Green countries are our european cousins with a lat flow test as the barometer (free) i expected the price dip today as shares flipped from the placing.

So to answer the various queries- Air travel- most of the income in UK and Europe is driven by leisure travel. Most business and long haul has the advantage of lounge business and spend is materially lower for business traveller than the leisure brigade. Dont discount airlines who have the holy trinity of lots of capactity (all added to the fleet in 2019) hedged low fuel and aggressive deals with airports to guarantee passenger volumes. This will inevitably lead to a price bonanza for consumers as they offer lots of cheap deals to get people confident in travel again and ultimately to maintain load factors.
Growth in rail is going to be leisure driven and put bluntly there are lots of brand casualties in the market who will simply withdraw from the travel channel as the traditional high st landlord entices them back with great property deals ( no base rents, rent free periods, capital contribution and longer leases than the travel market has offered.)

This year will be unique in the UK which is SSPs core market - rail will be huge as we have no where to travel so whilst i agree the reduction in commuters will hurt certain stations, others will be buoyant. im sure you saw the pictures in the height of the pandemic of over crowded trains on SWT taking "commuters" to Bournemouth.

I'm bullish on this as the rights issue gives the company cash to grow at a time when there will be market opportunities in existing and new markets. structurally growth will return and that's without the US market that SSP were just starting to gain traction in.

Build to 7th. Buy on rumour etc etc. I’m adding sub 8p and holding for min 3 x. No rush. You can’t undiscover the resource

Decent numbers if believable. Debs and boohoo. You’ll then have the indie brands driving foot traffic on top of this

Agree. SP a function of a placing out of the ‘blue’ as ‘well funded’ then the average assay results all destroy sentiment. I’ve held rather than exit as all the research on this gave me the conviction it’s a winner. Timelines, junior explorer who wants to become a producer. Your guess is as good as mine, I do see a relatively quick return to placing. The rest depends on results, macro gold sentiment, license approval and jv news.