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Like I said, goodbye.
Sturmtrooper - your views are yours. I must have touched a big nerve. I reckon you are in the hole for a lot. The company valuation is in orbit but the balance sheet is the accurate reflection of this company's performance and its not at all good. No one wants to hear the truth - but the market will quickly catch up. I only invest in company's whose shares are undervalued; generate good money and pay a generous dividend. Dividend income is a substantial part of my income - this one could take a decade to pay a dividend but I reckon it'll be sold off for a fraction of its share price.
And i hope i never here all your B****** again... And by the way, when i want to hear about BP i will use a BP forum instead of trying to be a clever d*** everywhere...
Autotrader have a better future than this one.... good luck.
I'll look at the share price next month.
RE: car sales16 May 2021 10:24
autotrader are valued at 5.5 billion and make 250 million profit. (22 P/E)
Aviva are valued at 16 billion and make 3 billion profit. (5.5 P/E).
Always amazes me why people value companies so vastly differently. This share is overvalued.
nuri123a... This must be your best one... and you answered your own question at the same time, but you were to high on your pipe dreams...
Ouch that’s gonna hurt :-) nicely spotted Strumtrupper
Great - you've confirmed my views. This company's share price is going to be diluted again, and again, and again. I invested in Fastjet - they said its a multi billion pound aviation market in africa that was going to take off. One billion pound later and a dozen fund raisers - the company ended with 3 propeller aircraft. Just because is in an exponentially growing market means veryittle. BP for me is a solid bet - its generating billions profit; investing in wind, hydrogen and carbon sinks.... and pays a decent dividend. Thanks everyone. You sure know how to turn a person off this.
You daid this about CWR... nuri123a.... Does this look familiar to you?.... I want to be polite and just advice you to f*** off
Am I missing something - value of assets just above £120 million... market capitalisation = £1.8 billion...? Was going to invest £30k in hydrogen companies but they are all overvalued by about 1000%. Going to stick my money in BP - undervalued; strong profit generation; pays excellent dividend and will probably end up buying these companies for a lot less than what they are worth today.
And here comes another one.
If that’s the extent of your research then go and invest elsewhere. Goodbye.
nuri123a, i suggest you go back to your pipe dreams and while doing that, look at the hydrogen sector, the need to change our ways to give this planet a chance, and the valuations of other companies in the sector versus their assets, and i am sure you will find AFC being the cheapest still in a multi billions pounds markets with a proven product ready to be adopted in many sectors of the green economy...
I'm looking to invest £30k in hydrogen based companies. I read the annual accounts and it looks as though this company has raised 68 million but that its assets stand at c.34 million. Am I missing something? I used to invest based on euphoria and pipe dreams - but can't make that mistake again. Anyone got any special knowledge as to why this is worth £365 millon plus? Am I missing something?
I am confused as to why posters are suddenly making such a big thing about taking shares in certificared form, or putting stop losses on at many multiples of the current SP in order to somehow stop MM's from borrowing their shares to short this (I can guess though).
- It will make zero difference, simply because many millions of shares will be held in Funds who WILL be permitted to lend their shares out, if the Fund Manager so wishes (it could well be part of the fund srtrategy).
- There is NO evidence to suggest this is being shorted in any case, certainly not to any extent that it will make any material difference to the SP (e.g. nothing on the official register, although there are exemptions here, as always, as not all borrowing needs to be disclosed - see link below).
- IF this were to be shorted on any scale, it would definitely be on the official register. There would be no way to 'hide' huge short positions from the regulator/market.
- Shorting requires liquidity. The average daily volume here is circa 2.5% of shares in issue. There is simply not enough liquidity for this to be shorted to any degree to make a difference to the SP and be worthwhile for whoever may want to do so (imo).
Please can we stop all this talk about MM games, manipulation, shorting.
Yes, it is always a possibility that something may be going on, but highly unlikely, and not on virtually every AIM stock, if you beleive a lot of the posters across these boards.
It is just scaremongering by some, and perpetuating BB myths that abound across all of these boards.
Whenever the SP goes down, there is always some suspicious reason for it, it is never due to more reasoned, explainable and likely possibilities.
Funny how when the SP is rising rapidly, there is never any concern about why that might be, it all becomes a back-slapping fest and anything else is quickly forgotten with talk of 'bags', luxury cars and holidays.
Just my opinion, of course.
There will always be others that disagree, or come up with an extreme example, or two to 'prove' anything could be going on, either way.
Shorting is not even a remote concern for me here.
gla
https://www.fca.org.uk/markets/short-selling/exemptions-requirements
https://www.hl.co.uk/help/managing-your-online-account/passwords-and-security/security-of-assets/how-safe-are-my-investments
Found this, HL say they do not lend any stock
With HL holding 95 million shares in accounts, I’m sure they would have no problem with liquidity if they wanted to lend shares.
Maybe a new company that doesn’t lend out would be more appropriate.
Sorry Risky - that was a copy and paste from something I found on the net. I know nothing really.
I suppose you can relate it to your money in a bank though. I get paid and it’s goes into my account. The bank can invest it as they wish, but when I want it they need to provide it up to my agreed limits (balance or agreed overdraft). I can’t stop them doing that unless I withdraw it from an ATM (certificate).
I'm with HL so n to sure if they issue certificates. I don't really understand why a certificate makes a difference but will just accept it does but I don't understand this part from your reply...
" Otherwise, with a fully funded account you can collect these interest rates/rebates yourself."
Sorry missed the bit about requesting a certificate!
Thanks Heath you have far greater knowledge than me . So are you saying putting a sell order at say £2 has no effect on the borrowing of shares where our SP is at say 53p? Can nothing be done to stop the MMs borrowing them.
Sorry CB - getting mixed up with my orders. I did however find this....
Is it true that putting a high limit sell order will prevent shorts from borrowing your shares?
This is completely untrue. As others mentioned, you must request a certificate of your stock in order to be in possession and keep them from being borrowed. Most brokers do not do this because the make a percentage for the transaction. Otherwise, with a fully funded account you can collect these interest rates/rebates yourself. Your broker is the holder of your position and reserves the right to loan your shares at any given time. This is written in your brokerage agreement and if not readily available you can give them a call.
Setting a high limit order gives the clearing firm or third party that your broker may or may be under contract with the ability to see where your position will possibly be sold and gives them the opportunity to continually sell and buy back, some times hundreds of times in a matter of minutes, your position. With high frequency trading this often happens from algorithms or a “black box”.
Furthermore, there are plenty of contractors and promoters working the chat rooms and forums telling people falsely that if they set high limit orders they will protect their positions. But actually, they are misleading them in order to scope their possible exits for the reasons previously mentioned and put selling pressure on the order book.
Many argue that these practices are a conflict of interest and rightfully so. Beware people on reputable sites like this that carelessly give you false information because they may have different motives than “trying to help”, especially if they think it doesn’t affect your position. When brokers negligently loan out shares that aren’t available, it can cause a “short squeeze” that could send a Security to extreme highs (DRYS 2016).
If you have certificates they also need to be in a safe otherwise they can still be borrowed. They should be OK if you don’t invite the MMS round though.
I’m not sure about the stop loss at £2 but it trading higher than that - surely then your shares would have been sold?
excuse my lack of knowledge but am I correct in understanding if a stop loss is put on shares you hold at for example £2 the MMs can't borrow these shares to trade if the current SP is what it is. They can only "borrow" these shares if the SP is trading higher than £2 in this example? Or do you have to get a share certificate for that to happen? If that i.s the case it makes sense to do this as if enough holders do this it should move the SP higher.