Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
@ goodtobehere.....Thanks for the Woodsmith link interesting read .
In at 6.12 couldn't resist , if it drops again i will probably be in again . Given a bit time this will reward , G L ALL.
Seems to be getting a tail wind I can only see it getting better with the soon to be scramble for manufactures to ditch plastic.
Tucked some away for the future
HSBC CUTS STAGECOACH TO 'HOLD' ('BUY') - TARGET 170 (190) PENCE.
Might be this.
Van the man Had a fish around but cant find anything, maybe one or some of the big boys dumping it after qualifying for the div. Hopefully nothing more sinister but who knows.
(ShareCast News) - Goldman Sachs recommended clients 'buy' Smurfitt Kappa on Monday after the shares fell by around 7% over the past month to open an attractive entry point, while Jefferies also rated the Irish packaging company highly. Smurfit remained Goldman's top-pick in the European paper and packaging space, as although the market has become increasingly concerned about a margin squeeze, this "is temporary in our view" as box prices are expected to increase in the second half to enable margins to recover quickly. Smurfit trades at an 26% discount to peers on a ratio of enterprise value to adjusted operating profits (EV/EBITDA), despite offering a 10.5% free cash flow yield, which is significantly above the 5.6% average for packaging peers. Rivals DS Smith and Mondi are both rated 'neutral' by Goldman. "A key risk to our packaging view is increased uncertainty in Europe related to the upcoming elections. Packaging is closely linked to economic growth and could come under pressure if uncertainty increases," Goldman said. Analysts trimmed their London target price to 2,425p from 2,500p.
x div on the 13.8.15 approx. 32p per share
That's the uncrossing trade
I used to trade this share in the £5 /£6 range and left well alone after it started its demise but i have always kept an eye it. and have to agree with you chris that maybe just maybe they have hit the level to start and rebuild . and with the points you mention in your post it might just be about to start climbing again, So i am in to for a bit of a punt .patience might be required but there could be some good gains for he who waits .
Not sure why the drop only news was the director transferring shares to his misses. be interesting to see what happens tomorrow i was going to buy in yesterday luckily my indecision paid off for once
NKOTB I KNOW WHERE YOU ARE COMING FROM but Patients it will come back up in its own good time I think stan and other shares had the triple whammy XDiv on going Russia/crimea crisis,china numbers,=market nervousness my average buy price is 12.67 hoping for 12.80/1300 in the next 7/8 weeks
One buy target 15.50 one underperform 12.00. you might be right. See how the Asian markets finish in the morning You might get your answer.
Checked my broker site for news of the presentation etc but nothing but somebody likes what was revealed hopefully we might be in for a decent run
Just noticed a director bought yesterday 2000 at 12.38
Nice rise 18.5 up at the time of writing although it was down 10p or so in early trade. I tend to agree with you Gerry sp at the lower end of year trading range divi increase and xd next wed , and the management stripping away the fat.Theres also the other side of the coin china emerging markets etc that might put a downer on things but for the time being I am quite happy to hold if stops in this trading range GLA