Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. 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.
PATTSV:
https://www.cnbc.com/2020/02/10/teslas-competitors-play-catch-up-on-electric-batteries.html
PATTSV - I'll remind you of that comment when "Battery-day" comes about in the next few weeks.
MCAP is irrelevant?
AML have almost £1billion in debt, and are turning in a loss right now. They are taking loans from wherever they can get them. Unless they start making a really healthy profit, they won't be able to repay the loans.
Worth more than the IPO, are you serious? Everyone in the world accepts the IPO was an unmitigated disaster, trying to value it the same as Ferrari and luxury goods, rather than a struggling car manufacturer.
Give me the number behind your thinking that it should be worth more than 4.5 BILLION please?
Yeah, seen a fair few around myself.
I have a feeling most car companies are going to be buying Tesla batteries in the future though, or at least leasing the design etc, so far ahead of the game. Everyone else has a lot of catching up to do.
People are buying into the long term plan for Tesla. Not the current value. They are going to be far far bigger than they already are.
Because Tesla is ALL about the batteries. Musk knows exactly what he is doing here.
It’s important to remember that the MCAP is the value of the Company based on the value of the share which is fluent multiplied by the number of shares.
So as I am writing this message the share price is
53.66p
So 1.824,014,450 x 0.5366 = £0.979Billion
Which is 22% of the value of AML when floated.
It is also important to remember though the it is generally accepted that AML was over valued at £4.3 Billion and only ever went down after floatation! All IMO of course.
Just fyi at £152m raised divided by shares now im issue i make that roughly 8p per share
Now please be aware im not saying this will or wont add 8p a share just saying that the amount raised and thats what it equates to per share.
DYOR and thanks roxbury for your figures too
That’s true Bigplonker, they are very underrated and its time to go in!
Looking at the position my understanding is that AML was worth £4.3bn when its shares started trading on the stock market in October 2018 at £19. So AML shares are now worth less than 10% of their IPO value! Is that correct?
If so how on Earth have the shares plunged so much. This must be a record in itself.
You are welcome Mars.
Everybody will get something different from the above figures but hopefully they will stop people making silly future predictions and keeping it real.
GLA!
Note £20m coming from the government plus a further £50m expected. People throwing cash at Aml.
You have not factored in the fact the company now has more cash in bank so effectively is worth more. Technically they have lost 8% of the 20% because the new shares were issued at 8% price drop. It is very difficult to calculate its worth after something like this but IMO raising the funds to get them through is a good thing.
Thanks Rox, I have taken 773.69M MCAP from 'investing' website so maybe they are out of date ;). That difference prompted the question. Thanks for clarification.
D/machine all index futures just reopened at 11pm .. and most dropped 0.4% .. sea of red .. but we have all night for them to recover .. I agree . .. we might see 47/48 b4 they bounce
Mars - The Mcap you are getting is based on the shares in issue prior to the dilution. So 1.52b instead of 1.82b.
Sorry
1,824,014,450 x 0.515 = £0.939 BILLION
Anyhow I’m sure you now get the idea.
Hi Mars
There are a lot of experienced guys on this board (I’m not one of them!) and they are always willing to help but remember to use Google First!
So MCAP is ( from Google)
Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share.
So “current Mcap” for AML is
1,825,014,450 x 0.515 = £0.939 BILLION
Yes of course the price could go below 49p but I’m not tempting fate!
Hope this helps.
Ps Sorry about the columns they all lined up when I posted it!
Hi Rox,
Thank you for the information. The current Market Cap is 773.69M. So am I reading your post correctly and it potentially can go below 50p? I am on a big learning curve at the moment so any clarification would be much appreciated. Thanks
Roxbury - Thank you. This makes it easier to get my head around short, mid and long term targets.
Awesome, thanks for this!
Guys hope this helps you get your head round what the hell has been going on lately!
Shares in circulation/Mcap
Sept 2018 228,002,890 (when Floated)
MCAP £4.33 BILLION Share Price £19.00
April 2020 1,520,014,450
June 2020 1,824,014,450
JUNE 2020 APRIL 2020 SEPT 2018 MCAP
Price Now. Equiv. Equiv.
50p 60p £4.00 £0.91B
55p 66p £4.40 £1.00B
60p 72p £4.80 £1.09B
65p 78p £5.20 £1.18B
70p 84p £5.60 £1.28B
75p 90p £6.00 £1.37B
80p 96p £6.40 £1.46B
85p 102p £6.80 £1.55B
90p 108p £7.20 £1.64B
95p 114p £7.60 £1.73B
100p 120p £8.00 £1.82B
150p 180p £12.00 £2.74B
200p 240p £16.00 £3.65B
250p 300p £20.00 £4.56B
Without further news I think the price will settle around the 60p range equivalent to 70p before the recent dilution. IMO anyway.