The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Tends to follow the leisure market. Expect this to ramp up as travel restrictions reduce internationally and the virus comes under control. It’s exposure globally is why it’s recovered slower than other travel operators
Come on gents. The simple question isn’t week on week but a 2 yr LfL.
My understanding is the footfall was materially down in high st. Relatively flat in decent destinational centres and up in outlets. Pent up demand vs declining choice in the high st.
Lots of interesting debate. Fundamentally I’m here to make a min 3 x investment so somewhere north of 23p a share. Timelines- I’m guessing c.18-24 months. Risk of finance and build issues but the one bit here I’m not worried about is the resource or ability to access it!
It is what we all want and are here for. Not sure PI’s bleating about it on a BB quickens the pace for either the financing side or the company.
I agree it’s frustrating that the price is sliding. More so as I’m fully loaded elsewhere or id be topping up.
fundamentally depends on your timeline. as you say lot of rainbow chasers rather than investors, the lack of stamp duty and the quick low MCAP rises are adrenalin for some.
look through the BB a number of people have posted the life cycle of a mine - i think i did at some point which for this investment gives a clearer 2-5 yr picture. The stage this company is at is moving into production so lots of positives. Always risks which is why the price is where it is
Good discussion,
I’m still holding here, 40% down after doing lots of research on the fundamentals here. Opportunity hasn’t gone away but the sentiment and patience has. Overbuilt the play and underdelivered is a recipe for investor anguish. Add to that some YtS level PR with the Twitter rehash. The company need to RNs the operational plan to give investors the confidence as such guesswork on licences and drill programmes doesn’t help build up the confidence for the next technical swing
Telegram groups and BB are always dangerous. Herd mentality.
You make your decisions on investing here on either technical or fundamental reasons- or both. Timeline is your own..... I see the debt, off take and cornerstone getting us almost to a mine, then additional funding to get it producing. This is likely in 18 -24 months based on my interpretation of company info. What that does to the mcap and share price. I have no idea from a valuation but my simple financial brain reckons it will be many times today’s value. There will be some further dilution but that should be the last and reading through various posters on here who have been lth and far more knowledgeable than I, it will be relatively small and unlikely to be much lower than the last at 7.5p.
Watched this last night. Very impressed with update considering no RNS ahead of the session.
The only thing stopping me topping up further is my risk appetite and I don’t have any cash spare!
As I see it, the hurdles to overcome- financing. It’s still a risk albeit small that financing doesn’t get secured. Then we see people jump on board.
The only other issues which are mid term - nickel price and an alternate found for EV batteries. Again both relatively limited in the timeline we are working to over next 2-4 years. This is one for the SiPP I think
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
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