Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Hummingbird Resources Plc LSE:HUM London Ordinary Share GB00B60BWY28 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.50 -5.04% 28.25 28.00 28.50 29.75 27.50 29.75 2,197,339 15:31:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mining 118.3 7.1 1.2 23.2 100

Hummingbird Resources Share Discussion Threads

Showing 10751 to 10774 of 10775 messages
Chat Pages: 431  430  429  428  427  426  425  424  423  422  421  420  Older
DateSubjectAuthorDiscuss
04/6/2020
00:45
New_Buyer You only need to read the LSE bb to realize that there are lots of disgruntled shareholders out there now, many with long memories. Mud sticks. Do you blame them? Pathetic way to run a company. I could do better, much better with half the salary. Please put my name forward.
borderterrier1
03/6/2020
22:50
FWIW A good long term bet but looking toppy at present Https://www.zonebourse.com/HUMMINGBIRD-RESOURCES-PLC-6978593/
waldron
03/6/2020
22:45
For any that haven't seen this. Credits to Twogoals on LSE HUM Target Price - 47p Berenberg view: Following the difficult start to the year, the company made significant improvements throughout 2019 and reported its first profitable year for the business. Hummingbird had already reported several key financial figures such total group sales and net debt; however, it is positive to see earnings and profit come in better than our forecasts. We are also encouraged that production guidance is maintained; however, the company flagged continued cost pressures from COVID-19, which may increase AISC by USD100/oz for the year. While this is a slight negative, we believe the relatively high strip nature of the deposits at Yanfolila means that Hummingbird is likely to benefit from lower diesel prices in the form of cost tailwinds. In addition, given that we believe the gold price remains well supported for the year, we expect little impact on FCF generation potential. Overall, the deleveraging story remains intact, with a net cash position expected by the end of 2020 (we forecast net cash of USD24m for end-2020). Furthermore, the 2020 exploration programme is providing encouraging drilling results, which are expected to prove up underground resources at Komana East, along with targeting new greenfield deposits. We value Hummingbird on an SOTP basis, with a DCF valuation for Yanfolila and Dugbe. https://www.dropbox.com/s/0m09v1f1r87e8yt/Hummingbird_06-2020-03_Flash.pdf?dl=0
temujiin
03/6/2020
22:07
hxxps://hummingbirdresources.co.uk/wpcontent/uploads/2020/06/c116556_CCL_High_interactive.pdf At least a share buyback may start.....
ukgeorge
03/6/2020
21:32
Https://hummingbirdresources.co.uk/investors/reports-presentations/
waldron
03/6/2020
21:29
chuckle ted you are far from thick so stop playing modest https://uk.advfn.com/stock-market/london/hummingbird-resources-HUM/share-news/Hummingbird-Resources-PLC-2019-Audited-Final-Resul/82588947
waldron
03/6/2020
21:04
Are the full financial statements available yet - may be being thick, but I can't find on their website.
podgyted
03/6/2020
21:04
And today Berenberg brokers rate Hum at 47p. Just as three years ago Beaufort, the Hum brokers (successfully prosected by the FBI for pump and dump violations) rated it at 60p. Oh, great!!!! I'll top up while I can. Fill my boots. This will re-rate and I'll make a fortune. Then I can go to GB delusional idiot on the LSE bb party. Don't make me laugh! We're all suckers.
borderterrier1
03/6/2020
20:27
https://www.youtube.com/watch?v=GKg8G9sMWUY Go Nicole Bulcher aka NB for HUM Roll on in 6-8 weeks Q2's being exceptionally good.
ukgeorge
03/6/2020
20:24
Whilst one albatross does not make a summer,the next update is the all important one otherwise the vultures will be circling above the board
ntv
03/6/2020
20:21
Dum and Dummer!!
new_buyer
03/6/2020
19:59
hTTps://www.gold.org/about-gold/gold-supply/responsible-gold/all-in-costs How should lease costs be incorporated in AISC and AIC? The original WGC Guidance Note (released in June 2013) explicitly excluded certain financing activities from AISC and AIC. The logic behind this approach was that interest expense largely reflects a company’s capital structure, while capital expenditures reflect the cost of operations. This approach effectively scoped finance leases out of the framework, while operating leases were included by virtue of being charged directly to costs. The new lease accounting standards (ASC 842 and IFRS 16, effective 1st January 2019) will require lessees, under certain qualifying conditions, to bring additional leases onto the balance sheet and result in the recognition of new lease assets and liabilities. These lease payments were previously reported as part of cost and treated as an operating activity. Because of this accounting standard change, the WGC Guidance Note has been updated to address how the costs associated with finance leases (US GAAP and IFRS) and operating leases (US GAAP only) should be treated when computing AISC and AIC metrics. The approach adopted is based on including the principal portion of the cash payment as well as the financing component per the cash flow statement in the AISC and AIC metrics, on the basis that this reflects the current periodic cash costs under the lease.
casual47
03/6/2020
19:49
Additionally unlike what Deloitte infer, it does not artificially increase EBITDA. HUM ensure that their EBITDA calculations include for the IFRS16 Lease Liabilities: "We use the following non-GAAP financial performance measures in assessing performance. • EBITDA and adjusted EBITDA • Cash costs per ounce; and • All-in sustaining costs per ounce (“AISC”). EBITDA and Adjusted EBITDA Earnings before interest, taxes, depreciation and amortisation (“EBITDA”;) is a factor of volumes, prices and cost of production. This is a measure of the underlying profitability of the Group, widely used in the mining sector. Adjusted EBITDA removes the effect of impairment charges, foreign currency translation gains/losses and other non-recurring expense adjustments but including IFRS 16 lease payments." IFRS16 is a terrible standard for multiple reasons and produces huge uncertainties for companies on how to apply it and a new cottage industry for accountants. But i'll save my off topic moaning of IFRS16.
redtrend
03/6/2020
19:46
UKGeorge Oh! Shock, horror! What ARE you suggesting? I hope you're not implying that because Stephen Betts and Co are RELATED there is any hanky-panky going on? I certainly hope not. New_Idiot would have a coronary if he thought you were suggesting that. More "conspiracy theories" ????????? And the recent gem from Popeurbanll on the LSE bb "What matters is cash production and then what they do with it." Noooooo!! Really? How would you, or any of us know what that might be?
borderterrier1
03/6/2020
19:45
Thanks Redtrend.
ukgeorge
03/6/2020
19:30
New_Idiot What "proof" do you want? LOOK AT THE SHARE PRICE! You must be Dodgy Dan's uncle and have family ties because under any other circumstances a "Ceo" with a track record like this would have been fired long ago.
borderterrier1
03/6/2020
19:28
As explicitly stated multiple times in the accounts, its simply new reporting requirements in order to comply with IFRS 16 Lease Accounting Standards. Third Party Contractor (African Mining Services) Plant Rental must be booked as both an asset + lease liability in the books when it’s on rental lease agreement for longer than 12 months. The 2 largely cancel each other out, but it doesn’t change the fact on the lease liability side, this is just a snapshot of working capital costs. If it was booked in cost of sales too, it would be duplication - this is an International accounting standard, which every single company must and have adopted. Such costs are of course still covered under AISC.
redtrend
03/6/2020
19:27
Thanks, so just massaging the figures. Lowering AISC, ensure they get those 1p options.
ukgeorge
03/6/2020
19:26
Transactions with Stephen Betts & Sons Limited During the year Stephen Betts & Sons Limited charged the Company $68,000 (2018: $116,000) under a contract for the provision of staff, office equipment and warehouse space. there goes the $61k profit from the SMO coin sales.
ukgeorge
03/6/2020
19:24
Probably just an accounting ruse for tax purposes but unsure. Doesn't effect company cash flows, but does increase company’s net debt and EBITDA. From a business valuation perspective, the equity value or market value of the company should not change with the implementation of IFRS 16 as there is no change to the underlying cash flows being generated by the business. However, adopting IFRS 16 will result in the company’s net debt and EBITDA increasing. hxxps://www2.deloitte.com/content/dam/Deloitte/za/Documents/finance/IFRS-1-brochure-V9.pdf
temujiin
03/6/2020
19:20
I can't even be bothered to highlight the HIPPO plan. I'm sure you are over the moon on that one.
ukgeorge
03/6/2020
19:19
theres been a few appointments at bunker hill according to their website and a few placements. Im guessing the loan is convertible into stock.
glennborthwick
03/6/2020
19:15
NB what are your thoughts on this pearl??? Also included within accruals is an amount of $1,250,000 being 50% of the $2,500,000 settlement agreed with Taurus Funds Management Pty Ltd (“Taurus”;). This amount was paid prior to 31 March 2020 in line with the settlement agreement. As previously announced Taurus had brought a claim of $10 million.
ukgeorge
03/6/2020
19:11
NB what about this old chestnut "Bunker Hill Mining Corporation The Company entered into an arm’s length convertible loan arrangement, with Bunker Hill Mining Corp (“Bunker Hill”), a Canadian listed exploration and development company, advancing $1,500,000 and $500,000 on 18 June 2018 and 9 August 2018 respectively. The loan is repayable by June 2020 and attracts interest of 10% p.a. calculated daily from date of advance until repayment or conversion. This loan was classified as other receivables at 31 December 2018 but has been reclassified to investments at 31 December 2019 for presentation purposes. See note 12 for further details. " Do you think we will be getting $2.2M soon? it is June 2020.....
ukgeorge
Chat Pages: 431  430  429  428  427  426  425  424  423  422  421  420  Older
ADVFN Advertorial
Your Recent History
LSE
HUM
Hummingbir..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200604 01:19:20