Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.
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305000 purchase and no sales; SP up 1p
Sale as of far less over the week and SP is destroyed -11p.
The above just proves corrupt the market is. Utterly disgusting. Share price suppresses intentionally for all these termites buying on the cheap, in cahoots with The MMs.
I’m so fooked off with this corruption and greed
Totally undervalued but poor messaging by the company hasn’t helped the SP. The board need to be more vocal with stronger and greater clarity on updates. Good rebound is due in the SP.
BRV Capricorn
Hoping Chris Day stays as he’s been a big part of the companies growth.
Th SP is providing a good yield so I suspect to see a major flow of buys coming……
£1 is a truer valuation imho…
BRV Capricorn
Net profits of £15mn per year provide a 5 year window to cover market cap and a P/E ratio of 8 makes the current SP crazy low. Should be at £1 imho as by per analysis projections. The market valuation is ridiculous low, insane and will reverse. Liquidity in this share is the problem!!!
BRV Capricorn
Lords, a leading distributor of building materials in the UK, announces that it will issue a scheduled FY23 Trading Update for the year ended 31 December 2023 on Wednesday, 24 January 2024.
Hopefully another solid year albeit slightly below plan but nevertheless it should still be decent with expectations for IPO targets to be achieved in 2024 as envisaged…and improved performance in 2024 and profits of £35mn projected this year.
BRV Capricorn
A large sell at 40p way below bid which dragged the SP down.
Urgently need an RNS clarifying 2023 performance plus the role change of CD who clearly was being transitioned out of the CFO role if they’d commenced recruiting before his decision to leave.
Shanker, can you provide a statement to stabilise the SP and actually give shareholders the value deserved for their loyalty? Feeling shafted right now!!!
Salver2 - I think Chris Day was asked to perform a dual functional role as CFO /COO which had not been announced publicly and another opportunity has come his way. That’s how I read the RNS as it notes they were already looking for a new CFO (doesn’t say COO dual role?) as perhaps CD couldn’t cope?
RNS is very clear
Lords, a leading distributor of building materials in the UK, announces that Chris Day, Chief Financial Officer and Chief Operating Officer, has informed the Board of his decision to leave the Company to take up another professional opportunity.
Following Chris Day’s recent transition to a partially operational role within the Group, a formal process to identify and appoint a new Chief Financial Officer had already begun and is now at an advanced stage.
ALSO - they have good bank lending facilities so cash isn’t an issue.
They already previously said that sales and net profit would be slightly lower due to market pressures….. the investor chronicle noted this and they were a hold.
I think the numbers will be solid… RNS will confirm such and this will be back up 70p.
DYOR - BRV Capricorn
Why do you think the CFOs leaving-no deals announced cash is tight and they’re obviously not doing well -I hope I’m wrong as I’ve got a reasonable sized investment here
a few sales and knock the price down 5p allowing for someone to get them cheap with existing shareholders losing huge amounts as the price remains way down although demand was double supply! **** take and absolutely market manipulation
Expecting a solid performance when the market conditions have been difficult with high inflation and interest rates.
Dividend should be held at prior level.
Improved margins.
Further acquisitions in pipeline I suspect.
T/O - £460mn
Net profit £15-16mn
Earnings 5.5p per share (net)
If the above is in line then that’s an excellent performance and the SP should adjust up to 70-80p as projections for 2024 and 2025 will see considerable growth in sales and profitability.
Also there’s every possibility of an offer for this well run group which would be in excess of £1
DYOR - BRV Capricorn
BRV Capricorn
New year to see these expand and rapidly grow. Major opportunities for enhanced revenue and bottom line p&l. Will be an attractive M&A Co in the next two years - dividend solid
Let’s have it pls and then the surge to 80p
I’m serious when I say this company is going to rocket and you get sellers jumping! Madness… come on LORDS let’s get the news out….sooner 😉
Last chance saloon to bank these….. 80p will happen
Not at all…they are a cash business with debt facilities regardless. They will be announcing another acquisition I suspect in the next few weeks … £3m is small stuff for them…profits will be at £27.5m … £14m after expenses and tax …. so plenty of cash to cover expenses, acquisitions and dividends…..
IlThey are probably having cash flow problems if this RNS is anything to go by
Down from UK£1.03, the current price target is provided by 1 analyst.
New target price is 94% above last closing price of UK£0.49.
Stock is down 39% over the past year so prospects of recovery are firm.
The company posted earnings per share of UK£0.057 last year.
I expect a further RNS on acquisition news! Profits solid and margins improving so overall looking forward to 2024 and beyond. Recent business acquisitions will also positively impact revenues as businesses are integrated.
I’m deeply frustrated by the SP right now although I remain fully committed to this rallying upwards beyond 80p….
Technical UT will be corrected in SP upon market opening. Sellers are fools. Expect the bull run with these as they outperform and make further acquisition moves to grow revenues and p&l. I really think sellers are blinkered…expect 70p in the next month or so…and then up up up….to 80p+
I’ve said it all and believe these are so undervalued it’s mind boggling why these haven’t been snapped up ready for year end results and dividend. People, seriously make the acquisition and park these all the way to 90p next year. Wickes should make these run higher…..much value and growth to look forward to….
Last chance to snap these up before the rapid rise… 60p then 70p and then?
All my prior positive messages remain applicable!