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.
Agreed.
Would love to get a Chartists view on the stock now....there appeared to be some kind of double top risk but it has motored straight through the previous high. Where does a chartist see the next levels of resistance if it can stay well above 530p?
This is the top pick of the green fuel cell/hydrogen theme stocks because of the flexibility and relevance of its tech to so many static and motive applications.
we are off to the moon in our hydrogen fulled CWR rocket! im so glad i got in this early (ish) i got in originally at £2.58 and topped up more at £3.80 and £4. I think CWR is set up so well to do long term.
Cerea, I think if they can pull those orders off it is well justified, I also think you are paying for the future just like if you bought tesla shares which most think are over valued but it depends which way you look at it. I see Nikola has gone through today.
Also great to see CWR breakout above 530p.
Sounds like a huge valuation but they say they have preorders for 11 billions already, and the sale of the first smaller electric trucks made by Iveco in Germany next year will finance the H2 infrastructure to refuel the larger fuel cell trucks, as I understood it. Intriguing business plan, they will lease the trucks inclusive of the H2 for a million miles.
Maybe it's far too ambitious, who knows, but I can dream that this will really kick start the H2 revolution for heavy haulage, if it works for buses and trains why not trucks?
I did some research and found VTIQ will be holding 5.7% of the company so as of today the valuation of the company is 10+ billion. I think you made a good call on buying in early and are definitely worth holding for the long term. They have only done it this way so quick as they want rapid growth which sounds promising. I will hope for a good entry point and watch tomorrow. Thanks for your help and GL with both.
Just so you know, the merger has been approved and the ticker will change on Thursday (tomorrow)
Martin I don't know what the valuation of VTIQ is, also because there's the issue of share warrants (available only on US market, not on HL) which I guess would affect the valuation, but I have no idea about it. I bought VTIQ following my own research but could be totally wrong, some people were advising to buy only after merger, some beforehand because sp expected to go up once it becomes NKLA and becomes more visible (lots of people have heard of Nikola but you'd have to look for VTIQ). I bought them now so will hold for the time being waiting for the first truck deliveries in 2021. Ceres is also maybe indirectly involved as Bosch is involved but not sure about that, I just hope the trucks will sell well haha
Cerea, I'm trying to get my head round the valuation of 3.3b and VTIQ is currently at around 2b, surely its better to invest before hand or is it not as simple as that?
Ceres looking strong although will it break 530p.
Martin as I understand the companies merge together and upon that the ticker changes to NKLA so the sp remains the same and 1 share if VTIQ becomes 1 share of NKLA. it's all explained on the Nikola website
Thanks Cerea, I was thinking that was how, this type of IPO is new to me. Do you/ or anyone know any more information about this type of IPO, once its merged is it just similar to a normal one?
Martin I bought VTIQ on the Nasdaq, will merge with NKLA this week and become NKLA with that automatically
Cerea - good luck. This could be an interesting one; I've added it to my watchlist!
Cerea, How have you bought your NKLA shares, I have been looking but they don't IPO till next week. Do you have to buy VTIQ and it will change to NKLA on the acquisition? It'd be great to know :)
Sorry the ?? Was an emoji (obviously disliked here) not a question mark. Very happy with them and with CRW today
Thank you 4DD, up 20% already on my NKLA shares ??
Cerea - it would seem you have an interesting & worthwhile conversation proceeding on the ITM chat board! As with any company, no one can predict the future for Nikola but if you have spare cash and a long-term view, the best time to invest is today.
As always, DYOR.
Good afternoon, I also am invested in CWR and in another few H2 stocks.
I am very keen to invest in Nikola trucks, or indeed in VTIQ ahead of the merger, hoping that the sp will surge once it becomes NKLA, however I am not sure whether it will shoot up with the merger or flop miserably as it is already quite expensive at $30 with nothing to show for it.
Ceres is associated with Bosch, which will also work with Nikola, so a success for Nikola may also benefit Ceres.
Any thoughts from any of you about it, will Nikola ever take off ir is it unrealistic, and will it be better to invest before or after the merger?
Thank you
Just bought in - looking forward to a successful future for the company! Long term ITM holder and can see the parallels.
maxedouglas - in addition to my 20:23 post. Obviously there are lots of ways to value a company. In terms of past performance, one area to look at is how the management team have done in respect of the company's performance to date. So far as I can tell, Ceres management are highly regarded and can be relied upon to carry the company forward to meet new challenges and create new opportunities. If you view the chat boards on this site for similar companies you will see that management are not so highly thought of and this is possibly reflected in the sp.
The valuation here is based on potential/prospects. We are on the very cusp of a new industrial age and a greener, cleaner era.
Companies like Ceres may very well end up being the Exxons and Shells of the future. In that respect, people are investing in tomorrow. Always always look to tomorrow, not today.
I'm completely signed up to Ceres being a great company, with great tech, but is the current valuation not a little high? The investment from Bosch and Weichai at 320 p per share is a good backstop, but a market cap of over 800 million for a company with 6 month revenues of 11 million (up from 8 million the year before). There is a lot that has to go right for this to be justified isn't there? To reiterate, I really like the company and have owned shares before. I would be interested to hear your thoughts and opinions...