Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Brexit funded a new car for me (£30k).
I was being paid in CHF and when the £ tanked it was ‘win , win , win’.
During my life in CH I saw a range of 2.45CHF to the £ to a low of 1.20CHF to the £.
Gaddes > Guess a measured move the previous old support level @ 310-320 from March 2012 which coincides with the 50% Fib - DYOR
Just about to be broken, how high can it go without a real reason ? Figures expected to be good in next week or so so guess time will tell fingers crossed. GLA
Owl85/moniman fully agree with your posts, US market is up by the FED. Whilst their investment players are 'living the American dream' buying the dip and making the indices going to NATH, however, since real value only exists outside their own hunting grounds they are flocking to the UK, currently on a fire sale in comparison to the US markets based on PE. Not only is a rerating of TESCO truely overdue the whole FTSE 100 which have been so out of favour since the BREXIT debacle. IMO DYOR!
Hopefully the latter moni, however I would issue a word of caution around the rise of in particular the US stock market. I just have a feeling that it's currently a bubble that is gonna burst, and burst big at some point. It's being driven by their central bank just printing more and more money and that isn't sustainable.
It’s probably not what some would like to hear but the way PE funds are behaving at the moment, it can surely only be a matter of time for either one of two things to happen? A hostile takeover by an American PE fund or a serious re rating in line with Morrison’s and Sainsbury’s valuation in my humble opinion as it’s clear that many UK stocks are undervalued compared to overseas peers. You’ve only got to look at the growth of foreign share indices compared to the FTSE etc. Adyor!
I work for the company too. I just use the sharescheme to get access to the discounted share price every year. It is treated as my emergency fund as well as if you need the money desperately you can close down one scheme and get your money back in a short time. I'm loading up and will take the upcoming 3 year closure as shares as currently it is near 40% up.
I have 18months to go,not going past 66 whatever happens.I may spend time buying/selling,starting with a small amount whilst i gain experience.
Tip,i work for Computacenter,currently at £30.The city sees this as a £47 share in 5years.Worth a look
Been retired since I was 53 and also busy , busy , busy ….
I used to play the markets back in the 80’s , 90’s and stopped in 2005. Now I’m retired I have more time so back making the odd investment.
Started investing in Gold while living in Switzerland.
Like you I’m into Gold buying in at $1250 five years ago.
I also speculated with Barratts Developments buying in at 400p when they nosedived after Brexit vote and selling January 2020 for 850.60p when I figured that Covid-19 could only be bad news for market.
Then played with Sainsbury’s shares over 6 months and took a 15% profit and now into Tesco that’s showing 20% profit to date.
I think if a takeover does happen then it will be in next 12 months.
Tesco is starting looking a lot healthier and after Covid blips on trading (extra expenses and Booker downturn) is back on track for a good year.
There are a lot of private equity funds bulging with cash at the moment and I think we will see this pent up demand release in a series of buyouts over the next year.
Chelwood
Agree with Owl. This is my ‘stable boring share’ paying a dividend above any bank rate. I’m not here for a quick 20% although I have achieved that already.
My current risk/ reward investments are in Gold and Lithium producers and Tesco my defensive and will hedge any losses should my miners fail to deliver.
Wish your wife all the best in her retirement. I retired at 50 and never looked back. Also far busier now with ongoing projects.
Leas/Owl85,i was being totally selfish as my wife retires from Tesco next week after 21years and you are correct in what you say.
The government wouldn’t give a toss as Asda & Morrison’s already gone, any many large Aerospace, Defence, Automotive Telecommunications and Industrial companies have already been taken over by foreign companies if you do your research. 500p minimum imho if it were to happen.
As someone who is in the employ of tsco, and has been for nearly two decades, I hope it never happens. So many horror stories of PE takeovers being followed by drastic cost cutting, job losses and asset stripping. I'd rather continue working for a stable company that has its destiny in its own hands than take the one-off share bonanza that would come with a PE offer.
Morning Chelwood.. :)
Lots of parts to the company from banking to Telecoms, not forgetting Bookers and the stores. It does seem the perfect company to break up and sell the assets. I'm usually wrong but just cannot see that happening as it would need approval from the government. That said, we now live in unprecedented times.
I don't think the market expects that either as we would be in excess of 300p on rumour alone.
I summise that if a takeover were ever to happen it would be a couple of years down the road.
Does anyone have an opinion what the offer per share might be
Swiss read the same article this morning. I think the current sp is cheap whether a takeover occurs of not. They will have to dig deep if they want to make an offer.
https://www.thisismoney.co.uk/money/markets/article-9955843/Is-Tesco-private-equity-takeover-target.html
Is Tesco the next private equity takeover target? Grocer is 'most attractive', claim City analysts
This was an article published on The Mails, This is Money site and it suggests that Tesco looks like the most attractive position for Equity Takeover and this may give support to current SP but as always DYOR and GLA.
Swissydog > You are spot on once the SP filters through resistance @ around 269p expect fireworks to ignate and could well propel the SP well above 300p > GLA DYOR
Sorry only copied but another good sign!!!!!
ShoreCap reiterates 'buy' on Tesco in anticipation of 'strong' first half numbers
(Sharecast News) - Analysts at ShoreCap reiterated their 'buy' recommendation on Tesco shares, telling clients they anticipated "strong" first half numbers.
Read the full article in shares news above. GLA DYOR
Think this is dropping to trigger stop losses
That's re rates
Great to see all the positive posts as Tesco gently relates agree with your post leas 100 percent Tesco can be boring but making money is never boring actually starting to believe we may hit 3.00 very soon fingers crossed and all that gla.
The Second analyst is now out the gate with SP above 300 the consensus among 17 analysts is currently 289 and rising - ADYOR
BARCLAYS RAISES TESCO PRICE TARGET TO 310 (290) PENCE - 'OVERWEIGHT'
Without wishing to speculate, this has 300p plus written all over it, and that’s what the brokers are beginning to say. UK companies are very lowly valued at the moment, this is borne out by many aggressive takeovers we are seeing. Adyor!!!