Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Hi Paddyboy, good to see you back. I am back in with IAG at 50% of my portfolio, if it goes t-its up I will
Just have to work an extra 5 years. I am still holding a bit of Nex, GOG and BP, but I have to admit this is frustrating. At this price I was tempted to sell my BP and buy more Nex, but I am in Nex at 20% of my portfolio and can’t see this trumping BP just yet. Nice to see you back on the scene and I did take your advice to buy Nex at 116p which I am grateful. Good luck pal.
it's a green uncrossing trade not a red one! so not bad but i would prefer to see a single buy @ that volume LOL!
Uncrossing Trade-nothing to get excited about!
Interesting analysis, thanks.
You need to add Alsa though, with the extra services in Morocco now running and the Portugal services to start it will not be all that much smaller than the US region.
Nice analysis started, I believe we’ll see 400 by the end of the year GLA , solid company and still underpriced & underloved atm
down again, 260 coming, and no I'm not a shorter
Thanks guys, first post!
Id like to add to the original post:
H1 2021 is very similar to H2 2020.
I compared numbers for UK & USA.
USA School bus revenue 2020 H2: 75%
USA School bus revenuse 2021 H1: 75%
USA Transit H2 2020 Revenue: 61%
USA Transit H1 2020 Revenue: 75%
UK Mileage and patronage H2 2020: 13%, 60%.
UK Mileage and Patronage H1 2021: 13%, 60% (They didnt release revenue numbers for H1 2020, very suspicious.
EPS 2020 H2 (subtracting Full year from H1) : -4.7.
EPS 2021 H1 July: ??? Probably a bit better than -4.7.
EPS Full Year 2021: Im figuring anywhere between -8.4 (Assuming same performance in H2 as H1) and +5.3 (assuming 10 EPS in H2--unlikely but possible)
Nice one - One of best posts I've seen on here for a while
brilliant analysis mate
great post
For a stock like this, I woulD like to see a PE ratio of at most 10. Its neither has the appeal of growth stocks, but nor is it a Dying fossil (in fact it is a well performing branD with an inbuilt monopoly like structure wherever it competes).
With EPS of about 33 between 2018-2019, and a 12.5% margin, this company haD a fair market value of 470 pre-panDemic, even if you excluDe the excellent growth rate.
Now, in 2021, after a net loss of 14.6, with a margin of -2.4% in 2020, anD recovery on the way, we have to ask ourselves:
How much will this company be making in X amount of years (X= the amount of time you want to holD)?
If the answer is 10 EPS, the fair value is 140 (-50% current value)
at 20 EPS, fair value is 280 (0% growth)
at 30 EPS, fair value is 430 (55% growth)
Historically, the market has given NE a PE ratio of about 12-13.
Therefore, this is a strong stock at this price, so long as you are willing to wait.
Also, most of the market is priceD crazy high toDay. You get to avoiD that risk by investing in something sensible. You get to sleep well at night.
The worlD neeDs busses no matter what, anD those buses neeD to be profitable.
NEX will survive, anD profits will return after an industry shakeup.
There is a long but profitable roaD.
At less than 280, I am in.