Market's view on Next 15 Group
Published on April 2024
- Results notification was not flagged by all financial services, leading to missed share price downturn, yet some watchers are considering buying back in.
- There are concerns that the company’s buyback behaviour is being conducted on a price-limit basis, with recent limits potentially adjusted higher.
- Revenue and EPS have met forecasts, with an extension to the buyback programme, though it was noted that the buyback wasn’t very apparent.
- Speculation exists that upcoming results could surpass expectations due to a recent rise in share value.
- Several stock watchers discuss the gold market, noting that current prices do not reflect belief in the rally, though they expect this to change as the company’s promising geology, visible gold in cores, and significant drill results suggest strong potential.
- Exploration updates from New Found Gold Corp indicate substantial gold intercepts and ongoing drilling programmes, suggesting robust future prospects for the company.
- There are discussions about the effectiveness of various financial podcasts and commentators in understanding the gold market and macroeconomic factors affecting resource companies.
- Concerns are expressed over S4Capital’s performance, citing a tough year due to challenging macroeconomic conditions and cautious client behaviour which impacted revenue growth and sales cycles.