Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the 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.
'Transforming, while performing' Nice one Bernard.
I prefer 'Share price collapsing, investors capitulating'
BP sub £2 again.....As my spares funds come in I keep adding to my bp holding.... as the looneytics have surely taken over the asylum.... my mantra-buy and hold, buy and hold.
Would take an initial hit from long term investors who buy the share for the dividend as a revenue source like the big pension funds. Changing the dividend policy is a major consideration
How much help for BP could be if they stop paying dividents at all and repays debt then?
See this more as dumb money buying in as smart money dumps there shares on them . However in 5 years time i am 100% sure this is a mega time to buy , just wish they went further on renewables , it is the future .
Baz i know it was a great price. I could've got in last week when it was in the 190s but i never try to catch the absolute bottom. Been stung doing that in the past. This seemed to be well supported at the 194 lows so i'm comfortable at my entry price. I was buying this at early 300s back in May/June time so it's really as cheap as chips. I don't really like to call stocks a long term hold in these Covid times as it's all too unpredictable. This is one i will happily hold onto if they keep that divi. Great little income earner!
looks very close to go under 200p
''bbb, not peeved at all, '' Well ye should be,Baz is extremely peeved. As the saying goes ''the market can behave irrational longer than you can stay solvent.'' Keep the faith Paddyboy £2 is/was a very good price.
Paddy,
Thanks, but with respect, MMs have minimal input in trading FTSE SPs. Far less than they do with small volume AIM stocks.
Most large volume trades are traded via SETS, which I mentioned in my prior post. While your broker & mine may use a MM for smaller so-called off-book trades, most of the large algos trades use SETS. A bit more about it below, quote: - ATB!
"SETS (stock exchange electronic trading system) is the electronic order-driven system for trading the UK blue chip stocks including FTSE 100 and FTSE Eurotop 300 stocks.
The SETS order book matches buy and sell orders on a price/time priority. On SEAQ all buys and sells go through a market maker which acts as an intermediary. The basis of SETS is that it directly matches willing buyers and sellers, creating efficiency in the markets by doing away with the intermediary of the market maker. This efficiency is true while the SETS system is populated by the most liquid and heavily-traded stocks, but if matched bargains operated on less liquid stocks, waiting for a buyer to match with a seller could take hours, days or weeks.
Because of the efficiency of the SETS system, stocks traded tend to have narrow spreads so the cost of entry and exit from a position is much smaller. As an ordinary ‘punter’ should you wish to buy or sell a SETS stock, your broker will invariably still trade through a market maker, who will not display separate prices but simply use the SETS Level 2 screen to indicate where the market lies."
https://www.sharesmagazine.co.uk/article/the-ultimate-guide-to-level-2
Jack, The MMs have logarithms set to trade automatically. hence on the trade you see lots of small amounts under A rather than O which is ordinary trades like you or i. on the flip side some call it pump & dump. E.G when big MM underwrites a RI they push price up to sustain PI interest, then dump once the job is done. i understand that market is fairly grim today but nonetheless this share should be rising. I never would have expected it to rise a huge amount though!
bbb, not peeved at all, surprised though. I bought for the divi & intend this as a hold for a while. I expected a rise at least to 210. Doesn't bother me that much as it'll come in time. i know PIs don't influence markets. I was referring to big MMs who have been doing it on all shares. e.g. RR, IAG to name a couple!
The SP is being manipulated that seems pretty obvious to me. Keep price down to push PIs to panic sell at low levels. Pretty commonplace in these volatile times!
====================================================
Paddy,
Whilst the SP continues to disappoint, how can anyone manipulate large volume FTSE stocks like BP, traded in a main stock exchange's via the SETS system, which is electronic & regulated? I'd be interested to know how you think this is achieved. If that was possible, why would large investment funds stake billions in a corrupt stock market?
My tuppence worth: no one is manipulating anything. Look across the FTSE 100. Sentiment is pretty woeful & today's financial press are highlighting the risks of a double-dip recession.
This will recover well when global economic activity does. No mystery, no manipulation. - GL.
'' Keep price down to push PIs to panic sell at low levels. Pretty commonplace in these volatile times!'' Absolute nonsense.You bought yesterday at £2 and are now peeved you did not get a big rise.Well that is the market for ye.
pi's do not move blue chip share prices.
Looks like it will bounce from here
The SP is being manipulated that seems pretty obvious to me. Keep price down to push PIs to panic sell at low levels. Pretty commonplace in these volatile times!
Paddyboy, agreed. BP not out of the woods yet I am not confident of a steady rise from here and view my recent buy back in as a punt not a sure fire bet.
weak rise
if this is the performance based on better than expected results it's worrying to think where the SP would have been if divi cut & bad results!
Well on the basis of a quick scan of the Q3 RNS I am glad to bought back in recently and willing to give the company some time and slack.