Anglo Asian Mining (AAZ) has issued a first quarter of the year update including commencing that gold production from heap leaching and copper production from sulphidisation, acidification, recycling and thickening (SART) continued throughout the quarter, but that “production was significantly reduced during the quarter due to operations remaining partially shut down as the company awaits permission to raise its tailings dam wall, which it expects to receive shortly”. Is there still significant recovery potential from an unchanged 63.5p share price? We suggest so.
Producer from the Bushveld Complex in South Africa, Tharisa (THS) has announced a second quarter of its year to 30th September 2024 update including that its performance means it is “on track to meet guidance” for the full-year of 145koz-155koz PGMs (6E) and 1.7Mt-1.8Mt chrome concentrates. Is that good news from a current around 66p share price?
Recently Anpario (ANP) stated that it was “pleased to announce its full year results for the twelve months to 31 December 2023”. The results actually included lower earnings, revenue and cash but also signs of recovery which don’t look reflected in the current share price.
REACT Group (REAT) has announced what it describes as “three material contracts” all for mobilisation this month in addition to a stream of small and medium sized wins, stated as “demonstrates both the demand and the cross selling opportunities for our services”. This sounds good from a current 68p to buy share price, £14.5 million market capitalisation.
Beauty and personal care group Brand Architekts (BAR) has announced results for its half-year ended 31st December 2023 emphasising a strategy of deliberate brand rationalisation, portfolio focus and rigorous cost control against the backdrop of a challenging market. How is that trade-off from a current 22p offer price for the shares, just over £6 million market cap?
Pebble Beach Systems (PEB) has announced results for the 2023 calendar year, arguing “an outstanding outcome” and that it is “delighted with how the current year has started”. So just how good is the news from a currently up to 10.75p share price in response?
International science and technology consultancy and systems business Science Group (SAG) recently announced results for the 2023 calendar year showing further financial progress and emphasising that now, “for over a decade, Science Group has demonstrated a consistent operating track record, enhanced by a successful M&A programme”. However, a 400p offer price for the shares still doesn’t look to fairly reflect this, and there is suggested potential action afoot to seek to change that.
Shipping and energy markets services company Braemar (BMS) has issued a trading update commencing that it “is pleased to report that the group has achieved another strong performance, with revenue and underlying operating profit for FY24 in line with market expectations”. So how good is this news from a now up to 257p to buy the shares?
Kefi Gold & Copper (KEFI) has issued a General Meeting statement emphasising projects progress in Ethiopia and Saudi Arabia, with a clear roadmap and to report material milestones along the way.
Earlier this month “media investment analysis” company Ebiquity (EBQ) issued a trading update which included “adjusted EBIT is expected to have increased by 31.0% to £12.0 million (2022: £9.2 million), reflecting the impact of cost management and a slightly higher margin business mix” and that it “expect to continue to make further profitable progress this year supported by our transformation programme, continued cost management and our growing Digital Media Solutions business”. We suggest such performance is far from reflected in a 40p per share offer price, £54.5 million market cap, and that the shares are a Buy.