Hummingbird Resources Share Discussion Threads

[dianecarberry] 23/7/2018 12:44

My broker advises to short HUM down to 22p which they consider fair value.

[darola] 23/7/2018 12:42

This the same broker that gave a price target of 42p before the mine was built? Why on earth would they suddenly reduce that to 22p when nothing has changed other than the project is now in production, proven it can meet its targets and is significantly derisked?

You didn’t answer the question posed by Gold Panda earlier - what’s you forecast for free cash?

[chrismisson555] 23/7/2018 12:39

Gold sentiment hasn't helped at all. Even super hyped gold stocks such as Pacton/NxGold/Novo have been wacked in recent weeks.

I don't really mind the share options given here. I look at EUA where the directors always give themselves X on every issue so they maintain their percentage ownership.

I expect HUM to pay a dividend by 4Q.

[dianecarberry] 23/7/2018 12:23

My broker advises to short HUM down to 22p which they consider fair value.

[moljen] 23/7/2018 10:54

This one does seem to attract some polar views, I'm fortunate as the 7,000 buy just shown up is me making my second buy here and both have been around this price. Always downside risk but just can't see it outweighing the upside potential from this point.

[ukgeorge] 23/7/2018 10:50

Well we are all entitled to have an opinion and that is yours Peter.

But, the zinc market has peaked so their timing is not great. It is also a complete tangent to what the company has done before. We can also complain and still hold shares in the company.

[zeberdie] 23/7/2018 10:45

For all theres a lot of relatively unhappy people there doesnt appear to be a lot of selling. Im still happy enough to see what plays out. Give them a chance. Im confident it it doesnt all add up they will back heal it anyway.

[charles clore] 23/7/2018 09:15

D - the management isn't stupid but I'm afraid some shareholders are!

[darola] 23/7/2018 07:07

Great post on bunker hill on LSE by Lobon. Offering some operational perspective. It looks like a great opportunity.

[gold panda] 23/7/2018 06:45

Btw the bunker hill loan is equal to HUM's FCF for around a week. Just some perspective

[gold panda] 23/7/2018 06:38

diane, how much are FCF and NAV?

[new_buyer] 22/7/2018 21:45

More the pantomime vile-ain!!

[zeberdie] 22/7/2018 21:41

Oh no he isnt !!!

[dianecarberry] 22/7/2018 21:11

Free cash flow is NOT £50 million. Stop lying.

NAV is not above 50p. Look at the liabilities you liar.

[charles clore] 22/7/2018 20:09

Darola - well said! Well I mean someone had to say it didn't they?

[darola] 22/7/2018 20:04

What is your bearish sentiment based on? Tell us how you get to a valuation of £77m for Hummingbird when it’s free cash is £50m a year? And NAV value has it above 50p- £175m. Just how did you knock £100m off?

Or is it just “my broker said”? And you’d jump of a cliff if they said so. Ramping with facts is not ramping, its using fundementals, strategic direction and market positioning to substantiate an investment. Posting school boy comments - akin to waving poo on a stick - is more my definition of pathetic.

[new_buyer] 22/7/2018 20:03

Bearish? Pathetic excuse for a human being.

[dianecarberry] 22/7/2018 19:32

Ramp this share and lie about ts prospects and that's OK.

be bearish and you are called "vile"

Pathetic.

[new_buyer] 22/7/2018 18:37

Vile person

[dianecarberry] 22/7/2018 18:27

This is a stonking short.

Simply was overvalued.

worth 22p tops says my broker

sell