Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Great explanation, DarkEnergy! Thanks. It's a 'guess' based on how close it is to bid and offer prices and is - as you say - meaningless, wrong and irrelevant to PEs. It certainly doesn't indicate the volume of those Buying or Selling in the market.
Card trading at what seems a total bargain given it's hit 108p, 110p, 112p recently and the news expected next week looks too beautiful good. Luckily for me I've had a nice boost from HL today and switched out into a nice tranche of CF. Fingers crossed for all Card investors.
Been in a few Card Factory shops I don't normally visit. St Albans, Bognor, Croydon, Cromer. All very busy and tills going Kerching. They've got to be a good buy at this price given recent peaks about 10% higher and every likelihood of great results looming and a small divi reappearing. And a good deal less competition around too. Good luck...
I just love the way this share pops up and pops down. Then pops up again. A splendid thing for selling on the ups and buying on the downs. Can only see it ending well above 120p once a little dividend is announced in the not too distant future. Go, Card, go!
In case anyone had forgotten, doom and gloom times are the best for buying shares in a solid but impacted business. With rents rising and housebuilding slowing, the Government of whatever persuasion will need to stimulate housebuilding to house all the immigrants and others. While rents stay high house prices will stay high. And interest rates will rapidly reduce it we do go into a deep recession which will help housebuilders. Quoting 7 year cycles is pure guess-work and most Brits still want bricks and mortar rather than anything else...
I held shares in this quite disgusting example of British greed and corporate robbery after someone posted positive things and a cursory bit of research. Luckily for me I bought fairly cheap and sold out immediately the results and dividend were announced after I had realised the company is purely for the benefit of the directors and their families. I expect they buy back some very cheap shares every now and then. But this is a total waste of time unless someone decides to acquire the business. And who wants a dodgy coalmine and some falling UK property. I truly hope anyone reading this just doesn't fall for the positive spin that is easy to put on the crazy sp. I'm something looks too good to be true, it probably is. IMHO the directors are totally unsuitable to run a public company and a regulator should be investigating. But, broken Britain is now, sadly, just Broken.
Paper may be expensive (but compared to the price of a card I don't think it's a big issue), AI may be a threat in the medium to long term, the High St is under pressure, but people still have birthdays, cards are sent inter-generationally, teachers get cards, school kids get cards, there are umpteen silly Mother's Father's Grandparent's days, people still leave work, people get sick, people die and cards are sent. It's a buy at these prices for me and still one of the busiest and best value stores around with nice fat margins on almost everything bar the wretched stamps.
Popped into my local CF on Saturday. 3 staff all busy, store looked great, queue of about 8 people at the 2 active tills. Gas being blasted into balloons round the back. Enough to get me to buy another lump of stock this morning. Can't understand why the price has dropped back from 115p so much other than UK Ltd is totally f*cked.