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RRL, REGIS RESOURCES LIMITED
jacsar
post Posted: Jan 7 2021, 06:06 PM
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In Reply To: nipper's post @ Jan 7 2021, 05:28 PM

Thanks, nipper, however have loaded up on CAI which if real on IRR will send me to heaven...stay well

 
nipper
post Posted: Jan 7 2021, 05:28 PM
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Regis Resources one of two gold miners in the picks by Bell Potter analysts for 2021; the other was Aeris Resources (AIS)

QUOTE
We continue to view RRL as an attractive, reliable gold producer. Consistent operating margins have been maintained across the business. The FY20 EBITDA margin of 52% is competitive with, or ahead of, key industry peers. RRL ongoing CAPEX is, in our view, an investment into attractive, capital efficient growth options that leverage off RRL's existing infrastructure ... an aspect of its operations that set it apart from many peers. This includes the McPhillamys Project in NSW which has made good progress through the permitting process, is well placed to advance to production, should deliver material production growth and could commence construction during 2021. In our view, the market attributes little value to this asset.

RRL also remains one of the sector leaders for shareholder returns. Its FY20 dividend equates to a payout of $41m and a payout ratio of 43% of NPAT for a 2.9% fully franked yield (at dividend declaration).

Buy, Target Price $5.72.




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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
nipper
post Posted: Aug 29 2016, 10:57 AM
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Regis Resources has more than doubled its annual dividend, after revenue rose due to higher gold prices and management repaid all outstanding debt. Regis said its annual net profit rose 29 per cent to $111.8 million, from $86.9 million a year ago. The result also reflected a 6.7 per cent on-year fall in all-in costs at its flagship Duketon operation to $927 a troy ounce of gold.

Directors declared a final dividend of nine cents a share. That brought the Perth-based company's full-year dividend to 13 cents a share, up from six cents in the 2015 financial year.

"The robust cash operating margin has seen cash on the balance sheet build and has underpinned the payment of 13 cents per share in dividends for the year," managing director Mark Clark said. "It is also exciting that our organic growth strategies are delivering opportunities to increase reserves and a higher medium term production outlook."

Regis said its cash and gold bullion holdings rose to $122.3 million at the end of June, from $64.5 million a year earlier. The increase was achieved even as management repaid $20 million of bank debt and made $50 million in dividend payments.



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"Every long-term security is nothing more than a claim on some expected future stream of cash that will be delivered into the hands of investors over time. For a given stream of expected future cash payments, the higher the price investors pay today for that stream of cash, the lower the long-term return they will achieve on their investment over time." - Dr John Hussman

"If I had even the slightest grasp upon my own faculties, I would not make essays, I would make decisions." ― Michel de Montaigne
 
BullandPull
post Posted: Aug 7 2014, 08:53 PM
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In Reply To: flower's post @ Aug 7 2014, 01:54 PM

Absolutely true, and you are very right, at the moment there are better gold miners! But, i think, and basing this on the temporary nature of the underlying problem(the flooding) and RRL's reputation as a very profitable and durable gold miner, that it will climb back up and recover. That is all. Things do look bleak at the moment, and it is reflected in the stock price. But i think this is an issue that will blow over within the year. You are right there is some risk there, but i think it is somewhat well reasoned, and good chance of reward in the intermediate term(half a year to a year).

 
flower
post Posted: Aug 7 2014, 01:54 PM
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In Reply To: BullandPull's post @ Aug 7 2014, 12:37 PM

QUOTE
Looks cheap at the moment because of a drop due to temporary flooding in its mines, however even given the flooding first quarter figures were not negative. It is a gold miner and gold prices are high and expected to remain so. Gold over time increases without fault. They have recently finished repairs and safety measures to prevent any other flooding, so perfect time to buy at a bargain with a low P/E


Unfortunately the bare chart looks like this for some very good reasons:

RRL didn't have a good last Q burning nearly $A35m
It may even get a resource downgrade this Q
RRL did say that there is a potential for some major write downs amounting to around $A250m
RRL had only $6m in cash at Qtrs end
As far as I can see RRL does not publish it's all inclusive production costs, which is now standard industry practice

So, all in all, put simply there are better gold producers--IMO, and the chart proves the point.
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Combining Fundamental comments with Fundamental charts.
 
BullandPull
post Posted: Aug 7 2014, 12:37 PM
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Looks cheap at the moment because of a drop due to temporary flooding in its mines, however even given the flooding first quarter figures were not negative. It is a gold miner and gold prices are high and expected to remain so. Gold over time increases without fault. They have recently finished repairs and safety measures to prevent any other flooding, so perfect time to buy at a bargain with a low P/E!

DISCLAIMER: Don't just invest on my word, check for yourself of course.

 


PeterH
post Posted: Jul 14 2014, 03:10 PM
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In Reply To: wren's post @ Jun 18 2014, 10:54 AM

I guess we are both sorry you sold Wren. Call me crazy but I reckon they are good buying even at to-day's price. Just one opinion, of course.

There has been a lot of very poor quality comment on this stock by market commentators, brokers, etc. Times like this you really have to trust your own judgement and stick to it.

 
wren
post Posted: Jun 18 2014, 10:54 AM
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In Reply To: wren's post @ Jun 12 2014, 11:25 AM

Just sold at $1.495.So,about 6 cents per share profit in 5 days.Had a few,so an OK result.

 
wren
post Posted: Jun 16 2014, 12:28 PM
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In Reply To: wren's post @ Jun 12 2014, 11:25 AM

This is going ok today as are most though not all Goldies.Many Gold stocks have charts which are now appearing favourable.Every dog etc...

 
wren
post Posted: Jun 12 2014, 11:25 AM
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In Reply To: wren's post @ May 30 2014, 03:11 PM

Since a Director chipped in $1,500,000 a week or so ago,paying $1.50 a share been keeping an eye on RRL.A couple of momentum indicators are showing some divergences.Early signs,and not highly reliable however worth a punt imo,and will scale up if it goes my way.Paid $1.43 per share.

 
 


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