LAC , is that the investor presentation today that you are talking about ?
I’m of the same opinion but really limit long so not adding currently .
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I read the presentation today and then went back to the last 6 earnings reports and looked at where there were and where they are now. The tax payment FY20 made the figures look a little off but when u take into account the tax credit FY19 and then tax payment FY20, their actual bottom line is pretty good. I like the way they pay off debt as well, its a well run business. SP doesnt seem to get much steam but I have been adding a few recently. Hoping to grab a few more once some dividends head my way from other stocks.
This really hurt today - 20 % to 45.5 cents:t_down:
https://stocknessmonster.com/announc...asx-2A1280083/
Business is tracking well, but the loss of this customer for the years to come and payment outstanding for the services rendered is pretty poor. Would still like to know why the continued the work. Conflict of interest is also another worry. Well lets see how it plays out
Bit of life back into MSV today , not sure why but the out of court settlement of the outstanding debt recently hopefully has them concentrating on making it all back.
Still like this and holding.
Listened in to the conference call. They are still very confident .
I added at 35 cents today , its probably one for next year .....
https://stocknessmonster.com/announc...asx-2A1359176/
Bit of a slow burner but I think this is slowly turning the corner .
Personally think this is a raging buy @ 40 cents.
All these resource stocks going gangbusters have to pay someone to drill it !!
Todays profit downgrade was a big disappointment ( especially as the shares got hit yesterday , certainly a leaky ship)
Investor update on the 27th April as well ...
https://stocknessmonster.com/announc...asx-2A1370332/
https://stocknessmonster.com/announc...asx-2A1374249/
Could be worse I could have Crypto .....