Serabi Gold Share Discussion Threads

[sherry35] 19/8/2020 01:30

kennyp52 - I'm looking for a 3 to 5 year plan. Lots of teasers and innuendos in the videos and presentations but no plan. MH needs to step up his game and be more aggressive. My federal government will have 50% building occupancy in September. In other words, the C19 excuse is getting old.

[kennyp52] 18/8/2020 21:55

Kenny the clown is making money ... lots of shares bought very timely in the 50s 🤡

[kennyp52] 18/8/2020 21:53

We need news from the company as opposed to the boards and it might actually move the share price as nothing else seems to be .

[borisjohnsonshair] 18/8/2020 16:28

Q3 will be better than the best ever Q2 and we'll end the year with US$20M in cash.

[trader536] 18/8/2020 16:28

The only people making money from this dog are the directors

[borisjohnsonshair] 18/8/2020 15:40

You are showing yourself up dipstick loser - you are promoting Ghana!!! You sad coward.

[ppvn] 18/8/2020 14:01

Ditto. Its a leveraged return here and in particular because of the high costs. So each extra dollar higher for gold should do twice as much here as for a producer with the costs half of serabis. But it just hasn't happened yet.

I'm confident it will though so remain in and positive! Still think they will hit it out of the park with their exploration too.

[swinsco] 18/8/2020 13:50

This is going to explode north at some point. Holding for the higher move.

[golden prospect] 18/8/2020 13:39

Gold back over $2000/oz and with SRB already 1.5 months into Q3 they should be breaking another financial record this quarter. Verdict = market asleep.

[borisjohnsonshair] 18/8/2020 12:46

I agree. See offer riding soon but baffled by the trading. Was Greenstone dumping holding it back?? Who knows but if so, as you say, it'll bump up quickly. The financials and further proof of their staff rotation working should have taken it way over 100p in my opinion 120-150p. Coringa license will make the mine output a certainty, hence make a big difference 200p quickly I'd say. If not by the end of 2020 will have US$20M in the bank!!!

[trader536] 18/8/2020 12:21

Serabi Gold’s Earnings Growth And 5.5% ROE

When you first look at it, Serabi Gold’s ROE doesn’t look that attractive. Next, when compared to the average industry ROE of 16%, the company’s ROE leaves us feeling even less enthusiastic. Given the circumstances, the significant decline in net income by 30% seen by Serabi Gold over the last five years is not surprising. We believe that there also might be other aspects that are negatively influencing the company’s earnings prospects. For example, it is possible that the business has allocated capital poorly or that the company has a very high payout ratio.

[ppvn] 18/8/2020 12:08

Hope so Boris. Its been a little frustrating in this share recently - took time to build a really nice position here and despite gold beginning to do exactly what I'd thought it would, Serabi has barely shifted.

As tightfist says, patience! Little frustrating sometimes though and still can't figure out quite why this one isn't valued much more richly. I guess one day it should just rocket for no identifiable reason - it certainly should.

[borisjohnsonshair] 18/8/2020 11:54

Yeah down from 60,000 a day you kiddie fiddler. Thanks for providing the positive news update. Brazil past the peak and returning to normal. They've done a great job with staff rotations to ensure their best ever quarter, despite high costs and 35% less personnel. The future is sooooo bright now Covid over

[trader536] 18/8/2020 11:49

Look at this you nonce....

“06:15 GMT - Coronavirus claims more than 680 lives in Brazil
Brazil recorded 684 new coronavirus deaths in the last 24 hours, bringing the death toll to 108,536, the country’s health ministry said.

At least 19,373 new patients have contracted the virus, the ministry added, taking the total to 3,359,570.

With a population of 46 million, Sao Paulo remains the hardest-hit region in the country with 702,655 cases and 26,899 deaths“

[borisjohnsonshair] 18/8/2020 11:29

Another little pop up coming

[tom111] 18/8/2020 11:15

Seems your the only one worried about it Trader your like a record player so boring good bye filtered

[trader536] 18/8/2020 11:02

Virus cases thro the roof, I can’t see SRB going anywhere until a cure is announced, which could be years away....