Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. 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.
Serco up today!
TU was neither good nor bad.
Year end will be the turning point imo.
If market maker played a blinder why is your short under water ???
In terms of profit they again showing strong financial diligence by building in 10% margins to contracts- as well as inflation clauses
- The rns states everything known to the market as I told you all
- I said slight revenue increase. Very vague when it says UPTO 1%..
- no disclosure of debt figure which implies there was NO significant change therefore not worth the mention....profit guidance wasn't mention either. If was good, they'd have said.
- experience division still LOSS MAKING
- No mention of UNITED UTILITIES contract and 2 others
- the rest is what ALL other companies write, improving balance sheet etc etc ..10% rise yesterday, definitely imv not justified lol
Gla..market maker played a blinder imho
AM - you’ve been saying the same thing since sub 22p
Here’s a thought- why don’t you BUY some here instead of keep missing out and mis timing shorts etc etc
Atb
Sharehead, ur too funny lol just about nearing the time when the market maker is going to unleash sell algo ..imho...watch this space
Dividends and share BUY backs were previously “what if’s” they are now “when” imo
As I keep telling you - this share, imo, is a forever hold and will reward holders over and over
IMHO
I guess you’re upset as your short still under water imho
U keep talking about share buyback, every agm have that as part of the voting process lol ...ur still banging on about dividend to ramp the share haha...its like saying imagine cine pays dividend and u could retire....u need to wake up to realisation pal imho...ur talking about what ifs! Talk about the current situation imho
Big focus on cost reduction - great to see that discipline now becoming engrained :
The business commented it would continue to target cost savings, including a reduction in its property expenses assisted by its ‘virtual first’ approach to office work systems.
Not expecting dividends for a while yet though im sure they will return at some point but be realistic the sp wont be 27p when thats confirmed. More like 127p.
Right now imho (ha) its ridiculously undervalued. Prices are rock bottom but it will get there.
The Share BUY back got the most votes at the AGM - this could happen first before dividends recommencing
Re dividends not starting until 2027 this is only Shore’s analysis.
Personally I think some statement re dividends resuming is likely with Y/E figures as if they are accumulating capitol from profits/disposals in excess of that needed to get pre IFRS debt to a sustainable level I see no reason for not reinstating dividends or a share buyback.
Re turnover we need to remember that Increased T/O ( although slight) is being achieved despite all the sales so once disposals are completed all the increased T/O will be going to the bottom line rather than replacing T/O lost through disposals.
The other positive aspect of RNS was the continued effort to reduce costs, & hence to increase profitability, especially in relation to property leases which will also reduce Post IFRS debt levels.
Just to add refreshing my memory from FY results..
Our order book grew to £6.1bn (2020: £5.9bn). Group book to bill at the year-end was 1.2x, slightly less than we expected after the BBC extension moved into 2022, but still indicating a strong base for future revenue growth.
Unweighted pipeline of £9billion.
Mcap just £456mil.. seriously undervalued. I really doubt aim tells the truth in his pots and doubt he has a short that he claimed he opened at 25p but if he has hes crazy.
More than happy with the update, you always fear there will be a hidden bad news.. there isn't.
The company is meeting expectations and remains on track to generate free cash flow in 2022.
“We continue to expect further strong progress in the second half of the year in revenue, profit and cash flow generation.”
What you have to remember is Capita is a huge company with a £3.5billion turnover that will be profitable this year and is being valued at a tiny mcap of £450m.
I recall they also have a pipeline of contracts of well over £3billion.
The sp was up nearly 13% in the previous 2 sessions so its holding up well. Once the rainbow chasing traders are shook out i expect it to continue its uptrend leading up to August results.
Cpi remains at silly low prices for a company thats completed its transformation turned a corner.
AM called this right - I mean really ????
He has posted from sub 22p that it would drop - it rose to 28p
He took out (so he says) a short from 25p- it rose
His short is still currently underwater
The p/e here is 2 - to get to a normal p/e would be a 300% rise
Broker targets are 48p to 65p
30p plus soon imo
Shorting at historical lows is a good idea but only if the company looks likes it's going to under, CPI is not in tgat scenario and all is going according to plan, and the holders here seem to have patience, it's just a waiting game till the price rises to a level that forces back into FTSE trackers and they are forced to buy back and we should see lift off back to our previous levels around 50p
Thanks hhh81 :)
Also worthy of mention my entire watchlist is down 3% give or take this morning so not too bad comparably upto now.
It gives me no pleasure to say this, but Aim called this perfectly. It will drift down for the next few days, hopefully settle at 25p again. Rise with anticipation, sell on news.
I agree longer term prospects here are great, but if AIM is a short term speculator he's called it well.
Fair update, not exactly plummeting, happy to hold, no doubt it will stay in the current price range up to August, I'm still glad I topped up at 21.1 ish and I can guarantee you all my grip on my holding has never been tighter, seems to me that J L and Co have steadied the ship so well done for that.
Happy with the rns. Will be interesting to see if SP consolidates around here/ c.28.25p. TBH, I am expecting Lewis to walk this to the line at FY and RNS's to drop confirming his performance in the meantime
Dude who shorts at historical lows thinks he is on a winner LMAO IMHO
I think revenue growth as well as selling big chunks of the business is pretty good going.
Fair value targets are 48p to 65p
So without any set backs - and there were none - it should now rise to those levels
That should also put us back into the FTSE 250
Which would cause big BUYs from the institutions that track the index
With RPI at 8% plus and indexed contracts the revenue will need to improve by a similar amount to stand still. To my mind 1% is hardly great in this enviroment. That said they have sold a chunk of the business so WDIK?