Pure Gold Mining Share Discussion Threads

[woodcutter] 21/1/2014 13:32

And of course there's always the possibilty of consolidation in the sector!

WC

[woodcutter] 21/1/2014 13:23

The pricing pressure is key and although they may meet forecasts for this year next year will be more challenging. Nevertheless the expansion of facilities suggests that there's room for growth so i've retained my small holding and may well top up when we see the bottom. IQE statement today reinforces the demand.

If the pricing pressure was coming from efficiencies in industrial competitors or a shrinking market then i'd be more concerned but exchange rates fluctuate all the time so whilst it might be a short term issue in the longer run it should provide an opportunity to add.

You don't expand your production facilities by 40% if your end customer market is shrinking, there's clearly insufficient capacity globally and we're only going to see increased requirement for wafers. Unless of course some other technology appears which is better. And they'll get economies of scale with the expansion.

aimho

Woody

post note: sympathy for those who bought this morning at 101p. And in particular the person who purchased just over 6K three minutes after the announcement. Have to admit had i seen the rns earlier i may have sold and moved to buy back later, for a small profit. Will monitor now over the coming days, it still looks undervalued against it's peers imv.

[adamb1978] 21/1/2014 12:30

Not great, though profability on course. Still only on a PE on 10.9x for Jun-14 and with all that capacity to come on stream. The Fy15 forecasts look light given that they only include £1m turnover uplift from that extra capacity

With the strengthened balance sheet, they should be able to withstand a 5% turnover drop

[tech] 21/1/2014 12:21

Pricing pressures, not very good

[curlly] 21/1/2014 12:07

That don't sound that good.

[itchycrack] 15/1/2014 08:37

RAMPTASTIC!!! :-) :-)

[sir leonardo] 14/1/2014 22:32

SIR ARCHIE IS WATCHING MY ODLE PAL DE ICTHY CRACK!!!!!!!!!!

BE CAREFUL NOT TO RAMP!!!!!!!!!!!!!!!!

[highcommissioner] 14/1/2014 09:15

2014 eps forecast of 8.88, puts it on a pe of just 10.
Management confident in the last update.

[mudbath] 14/1/2014 09:12

Its been a LLLLLONNNGG time coming !!

[itchycrack] 14/1/2014 09:01

On our way..................120p next stop IMHO. :-)

[highcommissioner] 14/1/2014 09:01

Proper breakout after a consolidation period.

[philjeans] 14/1/2014 08:58

Pushing on well now.

Good news approaching...

[itchycrack] 13/1/2014 19:45

I'm personally looking for a move upto the 120p ish level on a successful breakout.

[highcommissioner] 13/1/2014 19:11

Hopefully there will be a good trading statement soon (as Jan last year, to cement the breakout.

[janeann] 13/1/2014 18:09

about time wc; been enough institutional stakebuilding recently.

[woodcutter] 13/1/2014 17:46

looks like a breakout to me!

wc

[itchycrack] 12/1/2014 19:15

Global Solar Photovoltaic Installations in Gigawatts:

2013 35.2
2010 21.3
2005 2.4
2000 0.5

[janeann] 10/1/2014 17:21

well 87 paid for 11000; starting to look very promising and ripe to break through the recent trend

[highcommissioner] 07/1/2014 16:22

Could see a trading update sometime this month, if last year is anything to go by.

[puffintickler] 02/1/2014 09:12

The most important is the is growth in the pipeline (increase in capacity following investment funded by recent placing) which will translate quickly into sales. At rhe current share price the PER could halve from here which means that...

[jbarcroftr] 01/1/2014 17:02

These seem very undervalued to me,strong trading,40% increase in capacity and a single figure p/e .

[puffintickler] 24/12/2013 12:46

mudbath

True, shareholdings will be out of date almost as soon as they are updated! It was the number of shares being a factor of ten out that prompted my desire for a revision.

[mudbath] 24/12/2013 11:47

puffintickler.
The movement in the RBS warrants render % holdings rather a shifting quicksand.
Even the Pure Wafer site seems at odds with itself on the subject.
I have amended the data with a view to perfecting matter come the prelims.

[puffintickler] 24/12/2013 10:53

I have bought back my recent top slice, I expect a steady rise over 2014.

By the way Mudbath, the significant shareholdings bit of the header could do with a bit of attention!

Season's greetings to all.