Perhaps the sells today are related to Premier Oil reverse takeover. |
The directors have been appointed by the controlling shareholders - I am sure they will work to protect the value of the company. |
Yes, a small Director purchase to increase a previously very small holding.
It would be comforting to see Directors buying a substantial amount at this price. |
Director purchase announced at 264p 22 Sept, but now trading a long way below NAV - including mainly cash and property. I bought some more today. |
Statement as good as could be expected - at least they are taking action to preserve their cash and net asset value, despite expected COVID losses in UK businesses. UK side is slowly returning to normal. |
hxxps://www.pbctoday.co.uk/news/planning-construction-news/falkland-islands-construction/79352/
BAM Nuttall Ltd has been given the go-ahead by the Falkland Islands Government (FIG) to start work on the new port after suspending work due to Covid-19
This will keep Port Stanley busy for the next few years, and a further boost to the economy. |
Some good news for Momart with galleries reopening. |
There has been an increase in net cash (+ ~3m), and the value of property in the Falklands (+ ~£3.5m). But a non-cash write down on UK businesses. As the economy of the Falklands grows there is potential for long-term growth in property in the islands. The current market cap is close to net assets, so fairly valued imo at present. But this is not really a trading stock with a 40p spread this AM. |
I sold my shares into the rise. I originally bought these as a play on Falklands oil but with the oil price so low and the two UK businesses struggling I think the price has got ahead of itself. |
Morning Mr H, looks like I've cursed it, it's gone down now.... |
Morning Mr E |
Indeed Chris! This one has certainly done better than all the other Falkland stocks (touch wood). |
Reminds me if the good old days mr e |
Lots of smallish trades this PM - may be tipped somewhere. |
I don't understand the rise today - although not complaining. Momart and Gosport Ferry will be recovering - and results were OK to the end of March. |
Finally back in profit..... What's going down? What could I do with my £50, were I to sell?? Exciting! Any bright ideas? Anyone out there.....?
Ls |
hxxps://en.mercopress.com/2020/06/12/falklands-had-a-record-breaking-2019-20-cruise-season-with-72-836-visitors
hxxps://www.gosportferry.co.uk/ferry-service/travel-updates-covid-19/
hxxps://www.portsmouth.co.uk/business/gosport-ferry-funding-secured-threat-close-service-now-gone-2860652#gsc.tab=0 |
Housing development proposed by FIC, in Stanley, turned down by local council.
Revised plans may be passed. Announced in yesterday's Penguin News. |
Recovering now with hope of end of lock down. |
hxxps://www.porttechnology.org/news/falkland-islands-to-build-new-port/
hxxps://en.mercopress.com/2020/02/14/falkland-islands-announces-partner-to-develop-new-port |
Looks like the penny might of dropped |
I think FIH should put a casino down in the Falklands full of trannies I think would increase profits by 10 times |
hxxps://en.mercopress.com/2020/01/08/falklands-sea-lion-project-reaches-farm-in-deal-with-tel-aviv-listed-navitas
Navitas takes a stake in Sea Lion project, increasing likelihood of debt financing to fund the development. |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
