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.
My 1st reverse 10 bagger from £14k to £1.4k but its OK as GCM made up for it and the irony is the recent rise came because of a coal contract with China. I tried to keep things clean but ...
GCM isn't a recommendation as I got out at the peak as I don't trust them as much as I trust the CWR management and thats just plain stupid. Why is that?
Im afraid it is toast now. I dont see anyway back no interest even at these prices. Anything with a chinese interest is untouchable now. I was going to cash out with 60k loss here but i may aswell lose the lot now and i think this now on the cards.
Just 9 months ago a number of posters saying it will be hitting 500p now look.
Sack the CEO is first port of call then buy weichai out.
Continues to disappoint, when the hell are the board going to bring out some good news to stop this continuing going south.
The Bentley is looking nervous.
Noggers
Dont touch AFC either. Holding this dog is enough going south again no suprises though be sub £1.00 by May.
I see AFC seems to be flying every day.
Toltorisk
You can look into all the fundamentals of a share, but a lot of the time it doesn't all work out the way it should.
I think a lot of the time these start up companies are way over priced, they seem to zoom up on ifs, only to find out it is not as good as anticipated, ITM is another company just the same.
I have made quite a bit in the past on my shares, but lately not doing great, apart from one or two.
Really speaking when the pandemic started, I should have been buying shares in the ftse 100 and just left them alone, because most have come back and done well.
Noggers, heartfelt post. In reality, no one really knows what future course of action here will give the best possible outcome. To be honest, I am quite sure that most investors deemed this to be more of a gamble than anything else. Some you win and some you lose. In this regard, I am most certainly a loser but I still have all my chips (shares) and have incurred only a paper loss. I will stay the course. I have been in a similar situation before and got away with it. I will continue to ride my luck. Of now, it would seem there is no good news. That may change or may not. Whilst I am relying on luck, please kindly all do your own due diligence in this regard. Thank you.
The trouble is sometimes if you can afford to take the loss it might be better taking it and move on, because the share could just carry on going down to say 50p and stay there for years to come, it all depends on each individual circumstances, and also their age.
I took a loss on these before they announced the Delta deal, and stupidly started to buy back in, I really thought they could have turned the corner then.
When that deal was announced the share price went upto 240, if the markets thought it was worth 240 then, why has it suddenly dropped back to 150, when they gave out the RNS the other day it went up to was it 165, why drop back again, are they going to give out another deal and then go back up to say 240 again just to drop back to 150, it's crazy imo.
I myself just don't know what to do here, sell when they move up a bit in the hope they drop back and buy them cheaper, I was doing that last time and got caught out.
I just wish the board would bring out some good news.
Unplugged01
Just to clarify the board must be trying to resolve issues but it does take time. They def know shareholders are unhappy. I personally would give them a bit of time but I feel we as shareholders should officially email them and express our anger at the last update which on the surface seemed we are moving forward then next day the bomb shell with the update for us and Bosh.
For the sake of this board, and wishing it to continue and not be banned in the wonderful new world we are living. Can I just mention that We all love Diane Abbott, all past members of the Labour Party, current members of the Labour Party, Conservatives, Reform,Liberals, Greens, Independents, Raving Loons.......I think ive covered our backs. Only mention incase Michael Gove and his team are trawling these boards lol.
Sorry.
The board are good at the selling of the products.
The board are not so good at bringing in revenue or restricting out goings.
The board are also poor at timing, mis lead investors by not reading the market and now it appears Dianne abbott is in charge of accounts.
Top shares.
I agree with the not selling.
I dont agree with your support of the board.
The board i
Low becomes lower
always 100% to lose
101 investing/trading that seems beyond most
I would not sell at these lows. Regardless of what we may think of the BOD as in my opinion they are trying hard behind the scenes to increase our customer base and revenue. As the saying goes. Watch this space.
Unplugged01
I feel for you, I am around 14k down, but I lost around 10k when I sold up Last time, and stupidly bought back in, thinking with the Delta deal through their would be more coming in and the dark days over, wrong again.
Noggers.
Im nearly 60k down in 7 months if i was a few grand i would of sold i do not see this going any place in the next 12 month it is just dead money IMO.
Somebody said it is just shorters selling to each other which i tend to agree with. My gripe is the board are Toss to be honest i do not think they are bothered just keep spending the money and drawing a fat wage for jetting to convention to convention.
Ceres ego is to big to make the right decisions to take us to the next level leaving as very much an AIM stock reliant on news and external factors. We should instead be cutting the cloth and start thinking about revenues today not years away this is exactly what RR have done and look at them flying.
Unplugged01
We are a pair here pxxxxx off with this share, it won't be long before we are back to the Wednesday low of 147, I think in all the years I have been trading I have got to say this is one of the worst share I have held, even worse than my National-Express shares, now called Mobica, rant over till next time.
Yes be the top faller on Ftse 250 ooops i mean the all share or junk stock for a better description.
So we was waiting for the budget.
So we was waiting for jv.
So we was waiting for feb 2024.
So we was waiting for revenues in 2024.
So we was waiting for march up date 2024.
It was ukraines fault.
It was israels fault
It was russias fault.
It was the tories fault.
It was the accountants fault.
It was the chinese fault.
Just looking at the many reasons on this board over the last 12 months.
Lets be honest the its Ceres fault 100%.
As soon as I can get even or a small profit in my tranches that I have bought, I will sell them, because I am sick of this share doing nothing.
AFC has gone up around 20 percent in the last 3 weeks, it's not a share that I have bought, or had in the past, I have it on my watchlist and it seems to do OK.
The only share that I have done well with lately is CAB, made around 80 percent profit on those.
It rather occurs to me that any significant gains here have been pocketed some time ago by a lucky few. Three year performance at -86%, two year at -79%, one year at -62%, six months at -59% and three months at -16% (E&OE). And, new initiatives are on their way like Koloma for instance. I will hang in here because there may be a fear and greed rally which just might facilitate me getting out without quite so much of a loss to my current position. Incidentally, Bloom was down over 10% yesterday. Kindly do your own due diligence please. Good luck to all, I think we will need it.
I bought at 150.5 yesterday and sold at 156.5 today (in the first hour). Taking in to account the stamp duty, I made 5 points. So obvious when shorts smash it down like that. There is no liquidity here, only shorts trading with themselves, and endless idiots posting on their behalf.
Keynes also said 'Don't waste your money on green energy shares when new mines & oilfields are being opened every day'
What was the point of this going up to 161 this morning, because I bet you could have only got around the 150 mark to sell, so it is a pointless exercise, wouldn't be surprised to see this in the red by end of play.
LTH of Ceres, sadly hold too much in my portfolio, but stuck with it for now.
Making prior year adjustments to reduce past revenues and increase current and future years (presumably to existing contracts) is not common place. The facts will come out in due course, but right now this feels like one or more contracts are not delivering to schedule, and a change of the timing and a "massaging" of the current financial performance is needed. Perhaps otherwise Ceres would not meet forecast. Not unusual for long term contracts, but maybe a late decision for auditors to deal with. Bit concerning.