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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Goldplat Plc | LSE:GDP | London | Ordinary Share | GB00B0HCWM45 | ORD 1P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 0.20 | 2.67% | 7.70 | 1,474,012 | 16:35:25 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 7.80 | 8.30 | 8.15 | 7.40 | 7.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Gold Ores | 41.88M | 2.8M | 0.0167 | 4.82 | 13.51M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:25 | UT | 50,000 | 7.70 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 11/4/2024 | 07:00 | UK RNS | Goldplat plc Appointment of Executive Directors |
| 08/4/2024 | 07:00 | UK RNS | Goldplat plc Investor Presentation Reminder |
| 25/3/2024 | 17:31 | ALNC |  EARNINGS AND TRADING: RTC back in profit but Goldplat earnings fall |
| 25/3/2024 | 07:01 | UK RNS | Goldplat plc Investor Presentation |
| 25/3/2024 | 07:00 | UK RNS | Goldplat plc Interim results for six-months ended 31 Dec 2023 |
| 07/2/2024 | 11:51 | ALNC | Goldplat increases operating profit despite "bittersweet" quarter |
| 07/2/2024 | 09:16 | UK RNS | Goldplat plc 2nd Quarter Operating Results |
| 23/1/2024 | 11:44 | UKREG | Goldplat plc Results of Reconvened Annual General Meeting |
| 15/1/2024 | 07:00 | RNSNON | Goldplat plc Investor Presentation |
| 12/1/2024 | 07:00 | UKREG | Goldplat plc Notice of Reconvened Annual General Meeting |
Goldplat (GDP) Share Charts1 Year Goldplat Chart |
|
1 Month Goldplat Chart |
Intraday Goldplat Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 18/4/2024 | 15:41 | Goldplat - Profitable Gold Recovery Business | 11,105 |
| 06/4/2024 | 06:44 | GoldPlat - Gold Panning with Dan | 5,434 |
| 25/1/2020 | 23:30 | EC #3: GOLDPLAT - TURNING WASTE INTO GOLD | 28 |
| 22/1/2020 | 15:49 | Goldplat - recovering gold and other PGM's from mine waste | 3 |
| 05/9/2018 | 10:48 | EC #4: GOLDPLAT - TURNING WASTE INTO GOLD | 351 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 15:35:25 | 7.70 | 50,000 | 3,850.00 | UT |
| 14:44:19 | 8.15 | 100,000 | 8,150.00 | O |
| 14:26:33 | 7.98 | 100,000 | 7,980.00 | O |
| 14:20:46 | 7.69 | 50,000 | 3,842.75 | O |
| 14:20:46 | 7.69 | 50,000 | 3,842.78 | O |
| Top Posts |
|---|
Posted at 18/4/2024 09:20 by Goldplat Daily Update Goldplat Plc is listed in the Gold Ores sector of the London Stock Exchange with ticker GDP. The last closing price for Goldplat was 7.50p.Goldplat currently has 167,782,667 shares in issue. The market capitalisation of Goldplat is £13,506,505. Goldplat has a price to earnings ratio (PE ratio) of 4.82. This morning GDP shares opened at 7.50p |
Posted at 10/4/2024 13:16 by dangersimpson2 Most investors judge company management by the recent share price performance rather than any objective measure of performance. When a share price is going up, the CEO is lauded by shareholders as a genius. When the share price is falling, the CEO is thought of as an idiot making incompetent decisions. The reality is that luck, mean reversion and the everyday decisions of employees has as much impact on corporate performance as the CEO.For example, there is no evidence of persistence of performance when a CEO changes company. A leader who has had a phenomenal record of performance in one company is no more likely to lead another company to market-beating returns than a flip of a coin. Likewise, a CEO who leads a company to top quartile share price performance for three years is no more likely to have a company that is a top quartile performer for the following three years than pure chance. See My prediction is that everyone who is selling today because they don't like the management will be buying back at 20p for the dividends and TSF profits in a year or so. Those who say management is unenthusiastic will then call them straight-talking. Those who say the business is boring and slow to act, will then say it is conservatively and prudently run. The only thing that will have changed is the share price. |
Posted at 03/4/2024 13:29 by ih_692232 All of which says nothing about the recent abject failures of the company which have depressed the share price coupled with the complete silence of the company as to the information which they must have at this stage as to the TSF or any intention whatsoever to reward shareholders with dividends from TSF development -complete silence from a tge self focused present boardThey are self focused on their financial benefits both now and for the very long term ahead -coal is dramatic illustration of that -which will swallow the cash -they express nothing by way of concrete plans to reward shareholders With gold the price it is the share price is an appalling reflection on their failings and it is no wonder shareholders exit for they see no rewards ahead It’s time this board were shaken up by its shareholders And I suspect that day is coming before too long Alm |
Posted at 22/3/2024 14:44 by lowtrawler dinky00, what you say would be true if anyone thought the profits being made belonged to the shareholders. Time and again, we have seen GDP spend profits on projects that ended up going nowhere leaving shareholders empty handed. You see an equivalent in certain companies where most of the profits being made end up being paid as bonuses to the senior management and Directors.Unless the profits are paid for the benefit of shareholders, there is no reason for them to form the basis of our share price. In most companies, the logic would be that shareholders receive x% in dividends and the retained profit is reinvested in profitable activities that expand the business and end up making more than the original retained profit. With GDP, at best, retained profits help defend the existing business and do not appear to add shareholder value. In this regard, it is difficult to see what benefit shareholders get from the profits being made. |
Posted at 22/3/2024 11:56 by lowtrawler dinky00, GDP have the power to fundamentally shift the share price without spending any money. All they need to do is publish the TSF plans in a shareholder friendly way. Imagine if the TSF plans said something along the lines of:- All TSF net profits to be paid out as special dividends - Expected profile: 2025 $2m; 2026 $10m; 2027 $10m..... Analysts would plug the special dividends into their models and we would have lift off. It is information GDP almost certainly already have and it simply needs published in a way that has maximum impact on the share price. Of course, if they introduced a regular dividend policy and share buyback scheme at the same time, we could have a share price exceeding our dreams. |
Posted at 21/2/2024 23:38 by lowtrawler kimboy, last year they generated £3m operating cash flow of which they chose to spend £3.8m buying out minority shareholders who would have had no choice but to sell to GDP for a fraction of that price or to stay invested. That also caused them to incur over £0.5m in borrowing costs for the minority shareholder buyout.£3.8m may well have been a fair price to pay but the value to GDP shareholders was less than half this amount and if GDP had shareholders best interests in mind, they would not have paid more than half this amount. Take away the dilutive spending and GDP generated £3m. A huge amount in comparison to the current share price |
Posted at 21/2/2024 22:50 by lowtrawler dinky00, larger investors have concluded GDP will not make them money. They have a 10 year track record of not rewarding shareholders and spending money on fads, black holes, friends, acquaintances, staff and management. The hope that Martin would spark a reversal has failed to produce results and only evidence to the contrary is now likely to turn the share price around.In comparison to the share price, GDP are producing huge amounts of cash, sit on a huge TSF asset and have the potential to reward shareholders many-fold without adversely impacting their core business. Large investors clearly do not believe these opportunities will find their way into rewarding shareholders and so the price continues to fall. The lack of management response to the fall below 6p from over 12p is testament to the disdain in which management hold shareholders. |
Posted at 07/2/2024 00:14 by lowtrawler kimboy, you mention the SA transaction. The payment made far exceeded the value of the business within the GDP share price. Nobody else would have bought the shares for anything like that value. Why did GDP pay more then the value reflected in their own share price? It wasn't as if the sellers had anywhere else to go. To me, it is another example of management paying lip service to shareholder value.GDP have been generating a good amount of cash for many years but always found a way to spend the cash rather than rewarding shareholders. The share buybacks were a good start and likely prompted the run to 12p but a policy of returning cash to shareholders needs to be published and a track record of delivering against that policy needs to be formed. New business ventures can be funded from debt and repaid from the returns generated by the new venture. This is a mature business where the majority of cash generated should be getting returned to shareholders. |
Posted at 06/2/2024 01:44 by lowtrawler I agree that the current share price is below what the fundamentals would suggest GDP to be worth. However, the cause is clear. At 12p, the market was beginning to believe GDP were serious about returning money to shareholders and was beginning to value GDP as an income stream returned to shareholders.The annual accounts debacle, unconvincing response to power outages and guidance they were looking to expand into exciting new business areas prior to rewarding shareholders brought an end to our bull run. This was exacerbated by the short term loss of our license in Ghana and tying up significant cash within debtors. Add to this the poor presentations from Werner and a complete lack of ownership for these problems, you have the perfect storm. Thankfully, the fix is easy. Return the majority of cash generated to shareholders. Have this as a published policy and the price will bounce. |
Posted at 23/1/2024 18:39 by kimboy2 I reckon that the GDP heap is about 3 days supply to Ergo. ISTR that the suggestion was GDP would do about 1-200,000 tpm.Presumably they are not going to stop the plant to put the GDP stuff through. That means that the JORC is going to be the basis of the contract with DRD. It would seem sensible to leave it as late as possible to allow as much as possible to be dumped on there. Presumably DRD have already been doing tests on the material to find out how the GDP TSF fares under their processing. This also will form part of the contract. Once the button is pushed the only thing that will be unknown for GDP is the price of gold. The tonnage, amount of gold and recoverability will already be in the contract. It would seem a reasonable assumption that DRD's process is sub-optimal for the GDP heap. That may be why GDP is so cagey about the recovery rate. The question for the board was whether GDP could have a sufficiently high recovery rate to have compensated for DRD's low processing cost and relatively low capital expenditure. Plus of course the management time that would have been taken up with it. In addition GDP is getting a load of freed up storage space. Probably a no brainer but depends on what % of profits DRD want. I presume that this has already been agreed otherwise what basis are they proceeding on. |
Posted at 18/12/2023 11:16 by lowtrawler shill10, the TSF has always been an unrecognised value for the GDP share price. As can be seen from today's reaction, the market remains unwilling to price in anything for it. IMV, it is not sufficient to know the JORC resource. GDP need to explain recovery rates and provide a range of costs to achieve recovery. In essence, there needs to be an investor briefing document.I suspect nothing will be published until the deal with DRD is signed and the licenses are granted. Based on today's RNS, it looks like we won't see anything until the end of 2024 and probably not until 2025. For this reason, I am not expecting any major share price improvement until late 2024. |
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