Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Aim - we all have to make decisions that we feel happy with. Obviously I don’t have a crystal ball, but I imagine the bottom will be below the 40p I sold at.
I’ve no problem you hanging on to your shares, I’ve done the same previously with AFC and watched them drop to sub 5p, although I don’t except them to drop anywhere near that. Not sure why you have beef with me selling, I’ve made a profit and can now buy back in at a lower cost?
Sturmtrupper, announcing a decent contract would move the price but an MOU or similar won’t do much at all. Might be worthwhile long-term but there’d be a blip upwards at best. Undoubtedly the tech companies which can make money will recover the quickest but until then we’re stuck with the others moving in the wrong direction.
With regard to AB, if he wasn’t aware of shareholder frustration he certainly is now and he’s probably as peed off as everyone else. I don’t agree that he should go just yet as he’s managed to sign some very good (albeit jam tomorrow) deals. I do agree that the fifty plus ‘qualified enquiries’ should have been spoken of as just that, without reference to the term ‘order book’ as it does look a bit like gilding the lilly. Maybe the system is too big or expensive for most; who knows. Maybe our customers still want it and we’ll lease the system.
What we know is this: When something is announced it’s pretty good (ABB, VARD) and often follows a period of perceived inactivity. I don’t stress about timescales these days as I can’t change anything. I do want to see some momentum in the business and fingers crossed it’ll work out this year.
As far as selling some shares is concerned, it’s what we’ll all do at some point but we might take a bit longer for our price.
My final thought re AB is why people think that someone else would be able to sell the product any better than him.
Opinions differ but that’s healthy. As I’ve mentioned before, I read every post and filer no-one, even if I’d sometimes like to pi55 on their cornflakes.
At least it gives you a reason to moan on here :)
Just saying.
Aim, You should heed your own advice. I was still in profit when I sold and will buy back when this bottoms out, lowering my average and gaining more shares.
AFC's SP has only increased 58% since its IPO so as an investment it's been really poor considering how long they've been "perfecting" the tech. I think a take over is the best way out of this with a profit as they seem to be be incapable of making tangible progress on their own and when this is compounded by the inept business strategy we get the current situation of low SP and company drift. I wonder how much the IP is worth on it's own as I see this as an underpin to current value? Let's hope the market agrees but in any case we need news on anything frankly to steady the ship. Tell us about Acciona and Julich even! Funnily enough, after the Twitter ambush I think we'll get something next week. I'm quite sure there'll have been hastily convened meetings to discuss this development and how to mitigate it. I also suspect they're receiving lots of emails from disgruntled shareholders (myself included) which will also hopefully shake them out of their torpor. They can't ignore investors for much longer and I'm sure Bond et al are starting to realize that. It's a serious business when you mislead investors and as one I certainly feel I was mislead about EOY expectations which has caused me to incur a considerable amount of paper loss due to making my investment decision on that premise. No more Billy Bulls*****r Adam. It's time to deliver or move on!
Have read the half year report several times, it’s clear everything AFC are working on is being redone, re-worked or updated. Everything appears to be bespoke for each customer, meaning more and more delays. Until they have a unit finalised, that a partner wants to buy, I can’t see any news coming out. I would say we’ll be lucky to get any news before the end of March. Based on this, I can see this drifting further.
I’ve never sold my holding and watch this investment hit sub 5p, but I got out yesterday and will reinvest in a couple of months or whenever there is more concrete and substantive news