Griffin Mining Share Discussion Threads

[phillis] 19/6/2018 08:14

and the 72.8% comes from where?

[mikesnr1] 19/6/2018 03:04

Ref mad foetus 27860:
Totally agree with you about writing to the board.

As I understand the situation we PIs' OWN around 72.8% of the company (please correct if necessary).

There is of course much debate and considerable unrest concerning the somewhat 'isolated' AGM venue(26 June); very few of us - the 72.8% - will attend, for obvious reasons.

We really should amplify our predominance in numbers by requesting more updates via RNS's, company news; more say as an entity in determining (even modifying) the board's views on dividends, buybacks, acquisitions and the like...

As a LTH I'm constantly worrying that our voice is but a shrill apology for the mighty blast it should be!

Let's write with prolific exuberance to our company ABOUT what we feel is best for all involved. GO FOR IT!

PS:the above should be construed only as constructive criticism; overall I'm
overjoyed with GFM's performance, trading through all the historic volatility...
but now near 80 and bald as a coot!

[makinbuks] 18/6/2018 18:30

Always good to read someone with a positive spin but not particularly inciteful analysis

[up just a little bit] 18/6/2018 18:18

Sorry folks you will have to cut and paste the link it's not working for me sending it from my mobile

[up just a little bit] 18/6/2018 18:15

https://simplywall.st/stocks/gb/materials/aim-gfm/griffin-mining-shares/news/why-you-should-be-bullish-on-griffin-mining-limited-longfm/1 month old but a good read

[podgyted] 16/6/2018 23:25

The only reason I still get the IC is ST - and I guess for many people he's marmite - but he's the only one who still investigates - the rest just regurgitate analysts notes.

GFM held its own on Friday when the commodity sector was crashing which seems quite a positive.

[hvs] 15/6/2018 10:55

And its gushing CASH

[gbh2] 15/6/2018 10:40

Only the Editorial staff of IC believe its content, even then I suspect many don't.

Main thing is that GFM is holding its price whilst all around it others are weakening.

[mad foetus] 15/6/2018 10:13

I urge you all to write to them to let you know your views. I don't see the point in buybacks at current level: either buy back millions of shares every week or use the money for dividends imo.

[mpclag] 15/6/2018 05:13

Let them sell-The company will simply buy back more shares for their buck. At this rate they will soon have more cash than what the companies valued at.

[up just a little bit] 11/6/2018 23:37

Subscription

[mikesnr1] 11/6/2018 23:31

RBAN: why not?

[rose_by_another_name] 11/6/2018 09:48

Is that the April 20th article? They called
sell at 139. I would be annoyed if I had
followed that advice. They do, however, say
a dividend would change their view. If you
mean the April 12th article, I'm not allowed
to read it.

[alangrifbang] 09/6/2018 14:06

This is my first post ,I have held griffin since day one and have topped up at various amounts over the years.i think the write up and the sell verdict in the investors chronicle was a kick in the teeth for all of us!im nearly 80 years old now so I hope if it reaches £2 I will still be on this planet,I am also a big BANGO invester but that's another story!!

[cflather2000] 08/6/2018 16:24

Everything else I hold is down today. Gfm again my favourite holding

[ukgeorge] 08/6/2018 16:20

A close above 160p and these will race towards £2 imo

[up just a little bit] 08/6/2018 16:14

All buys yesterday as well.

[phillis] 08/6/2018 16:12

1 million buys and no share price move
has GFM taken shares off someone

[mad foetus] 08/6/2018 06:32

Well, I said the company had done well, congrats to board, a pity there isn't an investor meeting in London, that I can't get to the AGM but would like the co to introduce a clear dividend policy as I believed that would help the share price significantly. He said that a number of other investors had made similar points and that he would feed all the comments into a forthcoming board meeting. So I would recommend that if people can't attend the AGM, which is most of us, you feed comments to the company through the website contact address, in the knowledge that a director sees them and responds.

[bubloo] 08/6/2018 00:10

what was the response mf

[mad foetus] 07/6/2018 15:06

Btw I sent an email to Griffin today and got a prompt reply from the finance director. Can't fault the responsiveness.

[rose_by_another_name] 07/6/2018 08:53

LSE failed to open this morning, expected to come on at 9:00-

[mikesnr1] 07/6/2018 00:52

MF: Indeed it should!

Simply Wall Street estimates GFM's intrinsic value based on FCF (future cash flow)to be 326p versus actual yesterday of 158p.

I heartily agree, too, with your proposals regarding acquisitions; very sensible...