Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
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CNHI that should read...gla
Dsc I have not bought Nikola. I am betting on NCHI (Iveco) fuel cell vehicle sales lifting their sp long term and their connections with Nikola attracting H2 investors. I may be wrong.
I hope it does well for you, but I have my doubts. You only have to watch a few videos on Nikola to get an idea of the CEO. He doesn't exactly fill you with confidence:
youtube.com/watch?v=FY2-AHv_aWw&t=542s
Nikola have heavy weight partners Bosch, Iveco etc and a product that consumers must migrate to in the next decade. I agree that their sp is crazy high but the CNHI sp is low and they will be making the trucks - spells opportunity to me.
Nikola orders...? What orders? They have nothing. No deposits, just empty promises. Their CEO is Tesla obsessed and all he does is pump up the stock with his nonsensical projections. Be wary.
The Nikola orders should help Iveco over the next few years - worth a punt imho - its a file and forget investment for me until 2030. Can't wait to see big fuel cell trucks on the roads!
They have a line along the concept that they have a billion $ order book.... just no cash up front and couldn't manage an IPO. Hmm, still I enjoyed the first 24 hours.
I seem to remember NKLA went 35$ to 72$ in the first 24 hours and is now sitting at 43$.
https://www.youtube.com/watch?v=9FEM1ZRYfK4
https://fuelcelltrucks.eu/project/nikola-tre/#:~:text=The%20Nikola%20Tre%20(means%20%E2%80%9CThree,and%20length%20restrictions%20for%20Europe.
Bilbo it's a wild punt - I liked the low share price and the fact that their subsidiary (IVECO) will be building the trucks for Nikola who have a crazy high share price. massive market cap and no factory. Lots of scope here for future Nikola/Iveco collaboration on fuel cell projects - Wiki quote so maybe not entirely accurate 'It designs and builds light, medium and heavy commercial vehicles, quarry/construction site vehicles, city and intercity buses and special vehicles for applications such as firefighting, off-road missions, the military and civil defence. The name Iveco first appeared in 1975 after a merger of Italian, French and German brands.[1] Its production plants are in Europe, Brazil, Russia, Australia, Africa, Argentina and China, and it has approximately 5,000 points of sales and service in over 160 countries. The worldwide output of the company amounts to around 150,000 commercial vehicles with a turnover of about €10,000,000,000.'
CNHI has taken 5 years to struggle from E15 to E7.5 while hope springs eternal that is a big ask.
Blackberries will soon be ripening.
Love purple fruit - great long term investment, rich in anthocyanins.
“This isn’t the first board.......”. One penny that ain’t about to drop! Won’t be filtering though , too entertaining and that isn’t meant in a nasty way. Each to their own. Believe no one. Trust no one. Eat purple fruit. GLA
PSmith is bemused the market isn't listening to him.
Risking is always better than regretting.
Between calculated risk and reckless decision-making lies the dividing line between profit and loss.
An investment in a magazine every month for 25 years full of so-called experts - now there's a thing !!!
Wyt2L8 you can't rationalise a personality disorder - - just filter...
All these people that have me on filter. It's not the first board I have contributed to this has happened on, some people just can't handle an alternative view to theirs and all they want to hear is what they want to hear.
I have been on the other side with an investment where I should have listened to some caution, hence I post like I do now at times especially when I am confident about what I write.
Nobody likes egg on their face do they? I don't expect to have any on mine in a few months time with what I have written here the last couple of months.
Like some here I too was deeply in love with this share when I first started posting here, then I woke up and came to my senses. When something is too good to be true, it normally is.
Anyway on the note about filters, it's time to go and filter a coffee and then back to work.
Have a good afternoon everyone that is still reading.
Like SP , I’ve got PSmith64 on filter. It’s a wonderful world , quiet and tranquil.
I agree with you ColinH100 regarding the long term future of Hydrogen, I just feel the whole sector has got caught in a bit of hype the last 12 months and is a little overpriced now.
That is my gamble to have cashed in a few weeks back and sit it out until /if the prices drop.
I am happy to risk losing out on a bit of profit if my gamble doesn't pay off and at the same time I don't have to worry about the volatility we see at the moment.
The last four months we have seen ITM trade between circa 90p - 365p, with up to daily swings of 25% at times, I currently now have no idea what the price should be, there don't seem to be many major buyers in the market for ITM, there is no specific news regarding ITM over the last four months that has driven the price up.
Enjoying the lower risk strategy at the moment and am ready to re-invest across the market when the time is right for me.
I agree Seaangler. I am also not finding fault with what Psmith64 says, more so with his style of saying it. He comes across as an arrogant 'know it all' even when he is contradicting himself as you point out. I suggested that there may be professionals with far better resources than we have, thinking of the mega wealth funds countries like Norway and Dubai have with investments that can move markets and he immediately slaps me down using examples from a magazine designed to encourage individuals that they can do better than retail fund managers. Cherry picking the ones that have done the worst. Further; he then hammers home his particular successes for the umpteenth time to prove what a successful invester he's been, to prove he's right and I'm wrong. Well he may well be, but does he have to be so obnoxious and patronising in the manner of his response. Does he really need to bang on repeating the same mantras because; We're just not listening! We are just not agreeing with him! Or could it be that we have just had enough of it?
Spot on Colin. I fear the gentleman with OCD is suffering from anxiety poor chap. A strong laxative might help.
I think we can expect a bumpy ride across the markets for the next several months but I firmly believe that owning hydrogen stocks today will be like owning oil stocks in the early 20th century.
The trouble is psmith64 , 5 minutes ago you are coming out with statements like “ Certain crash coming in November” or whatever it was. It certainly included the word “Certain”. This is why people get upset. You can’t possibly know , who can? Now if certain individuals fall in to the trap of believing this ‘certain nonsense’ and invest accordingly , a) they shouldn’t be investing and b) you should think a bit more beforehand (maybe?) as ultimately you share the responsibility of any losses. Your backtracking now is probably more annoying than anything.
Way2L8........ There is every possibility that I could be wrong in this strange and baffling situation.
We all have different amounts of cash at stake, different stages of our investing life, and different investment strategies.
I like hearing all the different views from other investors and I totally understand that some may see my posts as negative rather than cautious which is how I see them.
Maybe 6000 is the floor of where the FTSE 100 should be, I suppose from its beginning of the year highs of circa 7700 what we see today is a major drop and will have hurt many.
I will feel more comfortable to invest more after the final outcome of Brexit is known in January 2021 and we know a little more on how Covid-19 is panning out by then.
I personally feel there is a larger than normal element of risk out there for investors.
I am not adverse to risk hence my journey with Hydrogen the last five years ago.
You talk about experts but do they really know best. I take What Investment every month and have done so for the last 25 years or so and it never ceases to amaze me just how useless some of these so called professional fund managers are when you look at their performance figures in the back of this magazine.
The last decade my portfolio has out performed the majority of them and that was down to a lot of research into Hydrogen just over 5 years ago and having a good knowledge of my career industry of construction, a sector I have been heavily invested in since 2008 when it took a hammering from the last recession.
Many private investors do so a better job than some of the fund managers out there. I would imagine those on this board that took the chance in Hydrogen over five years have done better than most out there and you didn't need a massive investment back then to be sitting on or cashing in major profits now when the market as a whole has suffered greatly over the last four months.
My gut feeling just tells me that 6000 looks top heavy for the carnage to come in the wider market.
Bunti , welcome to the club. Growing fast. Smithy , you are right about Bojo at least. Bafoon and buffoon. Belongs in a circus with big flappy feet together with Jezza the bearded unelectable. What were labour thinking?