Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
Can only go up over next few months even with high oil / gas and wars going on. One of the best buys on the market IMHO. I am very overweight on this one...
Wish I'd waited a bit longer to top up - current price is rather a bargain IMHO, but no concerns medium term. Good luck all.
Some institution will fill their boots soon enough... I wish I had some cash left to buy at these prices...
Fun and games on the Card Factory merry-go-round. What a bargain!
Looks like someone's selling again this morning but the UK stockmarket is so depressed it's hard to tell! I expect Rishi is shorting it!
Wow, a few sensible posts! I've bought back in today - this sp drop makes little sense in the context of last 2 weeks. Anyone know why the autumn div has been slipped a few months? Just a way to profit from cash on higher interest rates? (at shareholder expense...) or something else?
Matalan tie-up and other partnerships make perfect sense for CF with its high quality but efficient cost model. Huge relatively low risk growth opportunities. This share his to be at least 20-40p under fair value right now, and with equity values usually pricing on expected future value in some way, it is way under-priced. A definite Buy for me. And by all means wait for 90p. You never know. But I'm not waiting.
Why?
The markdown today is rather silly but typical of the London market. Can only see this share gradually moving back upwards. Disappointing though...
The negatives are no div until FY25 which would be totally extraordinary to pay a div on day 1 of a FY! So an interim is possible in about a year or so. But not before. The other negative is a big lump (nearly £10m) which they might need to pay back for Covid overpayments. This is more than likely to happen - so hits cashflow and profit for rest of year. Having said that a great set of results and overall very upbeat for the future. Although the recent update suggested something even better and probably why the sp has dropped. I've bought a lot more this morning. Good luck!
Good results but probably not better than market expectation given the recent updates. No div until at least 12 months time but clearly coming. I would guess an interim in 12 months at 2p with a final of 5p payable approx Oct 24 and May 25. The Matalan deal is big and further partnerships will help profit and sp greatly. Hope for a modest rise today but could be near £2 a share in 12-18 months.
The sp is already up a lot! It won't go up more without something tangible and hopefully we'll get that tomorrow morning!
I guess someone is taking a bit of profit this afternoon, but that's great for me. Bit of a gamble but I'm filling my boots. Good luck Card investors!
And the market makers will be well aware of that! I suggested an equity raise about 9 months ago to reduce debt and increase market cap to get them back into the 350. Dangerous strategy but - I liked it anyway. But I prefer organic rise!
Precisely gulfharbour... It took a snake of a kicking when it dropped out of the 350 so I'd expect a similar whooshing ladder of a rise on re-entry.
Yes, very much still a Buy for me. Lots of room to soar. Once it gets into ftse350 it will shoot up more due to passive fund purchases. Getting close now...
Moving up nicely.
The signs are all good at the moment. Card has been my best investment over the last 12 months or so. By miles. Hoping it hits 120-130p after the news update..
Hope so. Looking good based on the signs as we get closer!
Markets are down, equities and funds weak, cash strong (at last), HL CEO wrote a particularly weak and lacklustre report imho but the results were good and market share against much increased competition was only slightly down. Decent results in the end. Silly market reaction initially - stupid games. But I'm heavily reduced in this position after taking a nice profit.