Wake up guys! This share is the mother of all legal daylight robberies! 2005 will see it crash through the 1 barrier and head off into the stratosphere!!! It is my share of the year and at 23p -what a steal!!!

are they running out of cash?

ci-dessous dit tout! (herebelow say it all)

cynic
have to confess my knowledge of foreign language, if that you use, is limited. could you please interpret as best or as close as may be possible into english? would appreciate it. ta.
regards
jkd

cynic
thanks for that. makes me look silly.LOL
edit and addition
(but then you didnt play faiir),you used edit, as if it didnt happen without acknowledging it( i.e. the edit to original post) why not a new answer and new line? oh well such is life. dont matter in next day or so but such things can look very different in time to come.
regards to you.
jkd

..Questor share tip: Kenmare should benefit from price rises

By Garry White | Telegraph – 49 minutes ago




......
Last week, Canadian bank RBC (MCX: RBCI.ME - news) named FTSE 250 (FTSE: ^FTMC - news) titanium miner Kenmare one of its top picks of 2012, with a price target of 90p a share.

Kenmare Resources (Irish: JEV.IR - news) 48.92p Questor says BUY

Cynics may argue that “they would say that” since RBC is the company’s broker, but Questor also toyed with naming the company as one of the tips of 2012.

That’s because of a supply crunch in the commodity it produces and its 50pc expansion projects will be completed later this year, probably in the third quarter.

The company operates the Moma titanium mine in Mozambique.

Approximately 5m tonnes of titanium dioxide are consumed each year worldwide, mainly in the coatings, plastics and paper industries, and there is insufficient new production of the mineral sands when compared with the potential demand.

The paint used on aeroplanes contains titanium, so large new airline orders for aircraft such as the Boeing Dreamliner are also boosting demand for titanium alloys.

The main mineral sources of the metal oxide are the minerals ilmenite and rutile, but Kenmare also produces zircon, which is a high-value product.

Logistically, the operation is sound. The mine is located on the coast and the company has its own port for offloading the product. Mining (Euronext: SMI.NX - news) of the mineral sand is also relatively low cost as it is done by dredging.

Prices for titanium are expected to rise this year, despite some softening of demand in the fourth quarter.

Larger Australian peer Iluka has said that it will be selling titanium dioxide at prices in the first half of 2012 at prices that are 100pc to 145pc more than 2011 averages. Prices of zircon are expected to be about 30pc higher, it said.

There has also been some softening of demand in China, especially for zircon which is used in ceramic tiles. However, the supply- side dynamics remain fairly sound.

Kenmare itself is seeing legacy contracts come to an end, so it can lock in these higher prices when new contracts are negotiated. There is also talk of a further expansion once the current one is completed in the third quarter of this year.

The shares are trading on a December 2012 earnings multiple of 8.7, falling to just 5.1 in 2013.

The shares are up an impressive 161pc since being tipped on September 5 2010 at 18¾p, compared with a FTSE 100 (Euronext: VFTSE.NX - news) up 4pc. Questor feels there is much further to go. Obviously, after such a strong run, some investors may want to top-slice this investment and sell half of their holding, but Questor’s rating on the shares remains buy.

Greggs (Other OTC: GGGSF.PK - news) 510.5p Questor says HOLD

Not all High Street (BSE: HIGHSTREE.BO - news) operators had a terrible Christmas and bakery chain Greggs is one of them.

In the five weeks to January 7, like-for-like sales were up 5.1pc, with total sales rising 10.8pc. For the full-year, same-store sales rose 1.4pc and total sales were up 5.8pc. This was ahead of analysts’ expectations after the company said it expected the number would be “marginally positive”.

In total, a net 84 new stores were opened, bringing the estate to 1,571 stores, with 90 openings expected in 2012.

The shares are trading on a December 2012 earnings multiple of 13.4 times, falling to 12.2 next year.

The valuation is supported by the dividend, with the shares yielding a prospective 3.7pc, rising to 4.1pc next year. The company has increased its dividend payments every year for the past 26 years.

The shares were first tipped on August 12 2009 at 400p and are now 28pc ahead, compared with a market up 19pc.

The company has proved that it can still grow in difficult times by introducing new product ranges such as porridge.

The shares are below their peak of 550½p in July, but they are now a hold given the market backdrop.

..