Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Barclays top price of £30 is beyond my wildest dreams. GS saying £27.50.
If those numbers are reached then I am made for life. Even my father invested here on my advice
I am quite shocked that you have two people sufficiently clueless to recommend your calculations of EV.
I had tried not to be offensive with this, but your calculations of EV & Shell's future share value, or more accurately estimate of future takeover value, are ludicrously inaccurate. They are based on a somewhat tenuous grip of the figures and facts, then using utterly useless DIY formulae. Baffling people with science albeit inaccurate.
Even your estimate of Shell's current capitalisation is wrong by $5 billion dollars, based on today's figures from this LSE Board. There is nothing clever about misinforming people, who might quite easily go on to invest in Shell labouring under a series of misapprehensions.
I hope the two recommenders take this on board rather than recommending posts in future that are well outside their orbit of knowledge or understanding.
I bought in for 1560 about a year ago and have sold the lot today and happy with my profit. I see more value elsewhere at the moment. Will it be a wise move, who knows...GLA
Why this was sold off a couple of days ago with tech stocks god only knows. Presented a fantastic opportunity at 1750.
There's no stopping this now. Cat is out of the bag
well its nice to break the £19 mark today.
Gotta say up front im in a great postion here. I bought in for £9 thanks to the covid hysteria on the promise of the divi and am sitting on a 100% return right now.
my price to get out was £25 and it looking good for that to happen by summer. And i WILL get out. its been nice to have the divi sweeten the waiting period and im sure some of you guys figs are right. but if sharetrading for 13yrs has thought me anything its that you dont make anything longterm if you change your strategy all the time.
the reason for my site name is a in relation to stock i COULDVE made a great return on , but didnt leave when i could , and now im still languishing with it near a decade later miles away from breakeven territory (though thankfully there looks to be a reverse take over in the offing so i MAY get out with my shirt yet. after this long ive nothing to lose :D )
shell hit £28+ a few years back. IMO it can do it again. but a 168% return is enough for me :D :D :D
Nuclear power is sometimes characterized as producing no green house gases (GHG), and while this is not completely true, it is certainly accurate to say that GHG emissions from nuclear power generation are much lower than those of fossil-fuel-based power sources.
My issue is you using Net Debt in your calculation.
Net Debt is defined as all short and long-term liabilities minus the current assets. As you know it reflects a company's ability to meet all of its obligations simultaneously using only those assets that are easily liquidated.
Current Assets do not just include Cash, they also include stock (that can easily be sold) & debtors. I think this skews your calculation, so I cannot agree with your EV forecasts.
Getafgrip
That's exactly the same as EV = Market Capitalisation + Net Debt (which is my calculation). My calculation is correct though one may disagree about the multiple that should be applied to operating cash flow.
Best
Happy
HI - Isn't EV - Market Capitalization + outstanding debt and then subtract available cash. The cash makes quite a difference when deducted. Still an exciting prospect though.
Sorry an error TP is even HIGHER.
Target EV: $500bn but assuming debt remains constant that's a Market Cap of:
$500bn - $57bn = $443bn
So TP =
Target MC / Current MC * Current Price
$443bn / $200bn * 1900 =
4,208p a share.
Of course just quick illustration but shows how cheap we are.
All IMHO DYOR
Happy
Assume a rerating to enterprise value (EV) x10 2022e operating cash flow - still a pretty conservative measure. What do we get? (back of fag packet).
We are looking at $50bn operating cash generated in 2022 so x10 is inferred EV of $500bn.
Current market cap: c.$200bn
Current net debt: c.$57bn (Q3)
Current total EV: $257bn
Calculated target price: target EV / current EV * current price
So:
$500bn / $257bn * 1,900 = 3,695
My 2-year stretch price target: 3,695p
All IMHO DYOR
Happy
Finally hit IT today!
Everything else about Shell plc is going up "at pace" - so why not the share price as well!
Barclays just upped Its TP to £30. Set that against my initial exit TP of £22, id probably consider a NEW TP of £26 which is somewhere in between
Jim, I agree with you.
I had averaged down to £10 in 2020 and then tried to trade it. The price shot up after news of the vaccine. Luckily i got back in at an average price of £11.
I have a TP of £22 ie to double my money and that seems possible this year.
Oil will have One last hurrah this decade.
Not quite sure of Its ATH, did IT Breach £29 in 2018?
Anyway, IT could Breach £30 say in the next 3 to 5 years with dividends continuing to to up .
Could IT do £33 ie 3 times my cost price? Wishful thinking perhaps?
All I Know now is im enjoying the ride, while IT lasts.
Broker targets are all over £20 (up to £30), so I'm holding for divi and see what happens after that.
I always find choosing the exit price much harder than picking an entry price.
I've sold too early many times and regretted it (made a profit but could have made a better one).
Even worse, sell too early and then invest in something which falls (Centrica for me) whilst your original holding continues to gain.
A few factors I now try to weigh up.
- if market and share price are both at highs then it might be time to sell
- if you're confident you have something better to do with the money then it might be time to sell
- if you're getting a good dividend then you might be able to wait a bit longer!
Recent Shell price falls are a good example - those who sold at the top and bought back 5% lower in are quids in but those who sold out of fear as it slipped past their mental stop losses are today wishing they'd held.
My long term average is just under £19 now (thanks to some buys sub £10) but happy to hold as i think there's more upside, the dividend is good, I'm rubbish at short term trading and I can't see anything obviously better to buy.
Mind you, even I wouldn't take my advice so please no-one else do so.
tempted to cash in a slice, but holding off (probably unwisely,
lol) as i think this still has legs to get into the 20s by easter.
How green is nuclear energy - are there shades of green:
https://physicsworld.com/a/how-green-is-nuclear-energy/
https://www.worldenergy.org/assets/downloads/The_shades_of_green_for_publishing_FINAL_2019.pdf
Tell me something I don't know MRM. My father-in-law was a nuclear safety engineer his whole life!
It's "green" simply because it substitutes for CO2 emission.
Yet another chance to catch the falling knife, because unfortunately someone has thrown it up in the air again today! I agree these are desperate times as Shell has "fallen" to its high for the last year!
Maybe they could classify nuclear power as green for the first year of operation!
Then perhaps a very light green changing fractionally each year, over the next 10,000 years:
The radioactivity of nuclear waste naturally decays, and has a finite radiotoxic lifetime. Within a period of 1,000-10,000 years, the radioactivity of High Level Waste (HLW) decays to that of the originally mined ore.
The US Dept of energy approves the release of 13.4 million barrels of oil from the strategic petroleum reserve. The last time they did this a gallon of gasoline dropped by a few cents.
Shell ....Still massively undervalued, we should get to at least £22 sometime this year
https://ibb.co/C5t7dgg