Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. 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.
It's extremely hard to value shares like this - price tends to be driven by sentiment, momentum, and associated market/sector forces. They always end up overbought and then oversold, or vice versa. The £10 price is was hovering around probably reflected heuristics and the placing rather than any true nominal value.
I topped up yesterday, not even sure if that is averaging up or down for me now, but in short term price is hard to call. Have to have faith that shows potential for the longer term.
Yes Fira - £16 last January was rather absurd. But the 'overvalue' point is somewhat hard to determine. On the way up it was widely regarded as a nominal £10 share and the cash raise rather underpinned that perception - would the big subscribers to that have done so at a hyped-up price? I don't think so. They'll have done some serious sums to justify their investment. Since 5th Jan, CELS index has taken a 14% hit and it's hard to see the justification for CWR falling more than double that - especially as performance has been in line with guidance and therefore totally in line with normal expectations. ITM, also shown here and arguably a riskier case, has fallen by around 20% in the same period. https://invst.ly/x6kap
Hi Hasiba - yes, quite correct. CWR's fall has much to do with Tech stocks in general as Chilting has pointed out consistently. It just so happens that CWR has reacted rather more than many, perhaps due to shorting by Marshall Wace. Today may well have offered the best buying opportunity - so good luck to you! If cwr closes around £7 again on Tuesday the bottom may just have been reached https://invst.ly/x6k72 ATB.
Today’s decline is not necessarily cwr issue but the market as a whole had a bad day obviously due to the market ongoing correction in usa…particularly nasdaq.
Added far more today here and ITM before the close…
Today’s was an opportunity to too up imv ..
It’s bizarre to expect any of these shares to not decline in a day like this!
Next hopefully we will have more positive conversation…
GL holders
It’s always tempting to call or assume the bottom a bit prematurely when there’s an ‘up’ day, like Thursday was for CWR. However, breaking out of the latest falling trend, red in this case: https://invst.ly/x6jr1 , should give a more definite indication, although nothing is ever certain.
The brutal truth is that CWR has now moved into a long term falling rather than a long term rising trend, as marked out by blue here: https://invst.ly/x6jqs . The green, which previously dominated, died when the sp broke down through 895 on Jan 6th.
Trends come and go - they reflect what has happened, not necessarily what will be. It’s when they get broken that they deliver their most useful message. When the upper red trend line gets broken we can start to hope that CWR is starting to reverse from this month’s decline. And only when the upper blue trend is broken can we start to think of a resumption of decent upside prospects. In the meantime it’s heading down, with 634 looking like a potential baseline - heads it reverses before that and tails it plunges on through.
Bottom reached now all the buyers will return
Dead cat bounce or the bottom?
Today I indulged myself with CWR,ITM and AFCat near the lows of the day as the feeling of they all are in the bargain basket…
Fundamentals are good ,enormous growth ahead in a changing world for a non polluting alternative energy…enough said!
CWR at this level is king…
Volatility in nasdaq seems to stabilise and current in blue territory…
Plug and Ballards are recovering too..
To me rewards/ Risks are favourable now..
As always dyor please
GL
That 'possible' lower limit is around 634 - here's a better view of it: https://invst.ly/x5q6a
The knife is still falling - no hint of a reversal, not even a levelling out. Volumes appear to be a little lower than yesterday but still well above the recent average.
The day started off with a gap down from the previous close but, although this was quickly filled, the rest of the day saw downward pressure (the highs progressively getting lower) until the pace accelerated in the last hour of trading, ultimately breaking below 680. In terms of trends, it's to be hoped the lower blue here will mark the limit but there are obviously no guarantees: https://invst.ly/x5pyq .
Unfortunately it would have no effect Dodger - all the drop is market related, not Ceres - even the positive update made no difference.
Good signs now that the tech share drop is slowing - CWR has been closely following OCDO since Jan 2021 - over the last few days OCDO's SP has showed good signs of stabilising.
It’s been a pretty brutal and unjustified, imo, drop over the last 7 or 8 days. Just relentless …management should be buying to show some support …
As someone already said, what can go up very fast, can come back down as fast. Which many like this one are doign at the moment. Calling a good price to buy is very tough as the markets haven't dived as such yet ( if they do) I thought maybe £7 but could see £6.00 soon. I'd find it tough not to buy at that level ...
I too thought it was a good idea to add a few more. But still going down... sigh.... Good to know that I am not the only one sucked in!
Added 2046 shares…
Looks like we are very near the bottom or at it!
GL
has the sp stopped falling for a breather, or have we reached a plateau
https://www.reuters.com/markets/stocks/live-markets-tech-trouble-2022-01-18/
nockynoo, is there evidence of heavy selling or just a lack of buyers in a nervous market?
I think Marshall Wallace may be reloading today, ready for another shoot out later in the week. ;)
CWR is planning to move to main market. https://www.morningstar.co.uk/uk/news/AN_1616006456651422000/trading-updates-ceres-power-eyes-move-to-main-market-by-mid-2022.aspx .
Bought back today, after losing 200 points on CWR back in Nov / Dec, buying at 1173. selling at 973.
If I carry the loss from last time, and include the little bit of extra money I added to buy a few more, then my holding is increased by 25% at a SP of £9.39. I am happy with that.
These are in my SIPP, and very much a stock I want to own for the long term. I hope I wont sell them for a good few years.
Sold out today at 25% loss but only had £2k’s worth invested here. Been burnt more than once with AIM stocks that are touted as ‘going to the moon’ or the ‘future’ when still in development stage and no real sales or revenue. Same here and will take time if it does come good so putting money to work elsewhere. GLA to all holders here
Its actually the same thing - with any growth company its always jam tomorrow so its always an anxious wait, therefore, waiting becomes more painful when the market drops, causing more investors to fall by the wayside and the SP falls even more.
I accept the argument that Ceres is falling due to the tech falls but wonder if there is a double whammy due the last RNS stating that the‘re waiting for further work to do And I’m concerned this is also affecting shareholders confidence imho. What do you think ?
Hi Rangor: I added today at 800. It's a punt as far as I'm concerned; my current average is just over £9 this time around ( I've made good profits here previously though) and, thanks to gains elsewhere, I'm prepared to stick with CWR for now. As Chilting says, cash is leaving Techs. It seems to be heading into Fossils, banks and others at the moment. With inflation, reliable divi paying stocks are attractive , of course. It could head lower, of course - I didn't wait for the reversal - so the slide could continue to the next support around 740: https://invst.ly/x4697
I gave up on TGP. Cheers.