Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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CFDs - This is really like dealing in futures, except that they are open-dated. The good news is that they are geared insofar as you only need to put up between 5% for blue chips and 20/50% for more spivvy stocks. For example, 12500 Barclays @ £6.00 (£75k of stock) requires a deposit of only £3500, whereas 250k of ULT (£4500) requires a deposit of £2375. Obviously, without care, while you can make a lot of money, you could lose your shirt. Fortuantely, you can protect your position by putting in stops (against falls). In some ways, the safest sort of bet is on an index - say FTSE - where you can "bet" perhaps a minimum of £5 per point .... I knwo for sure, the minimum on Nikkei is $1.00 (some stocks or indices are quoted in $ rather than £) ...... Of course, if you think the stock/index is going to fall, you can "go short", which is much harder to do with "real shares" through a stockbroker. However, in the first instance, you will have to be accepted as a client by the "broker" - e.g. IG Index. To do this, they will send you a form to fill in, which as much as anything else will ask you about personal wealth so they can determine what limits to allow. I hope the above makes sense and helps, but please feel free to ask further if you want
Cynic, you have mentioned a few times now trading using CFDs, and going back to your metals footprint yesterday you mention CFD's. Whats the safest way to trade using the CFD method, or at least the safest sector to dabble in. I suppose with CFD's you need predictability and reliability in a stock, otherwise you will end up a very poor person?? Is this a correct observation? What would be your advice for CFD trading? If anyone else has comments, they would also be appreciated. Cheers....
CER - share is very perky this morning .... up 15p and climbing as I write ..... As mentioned earlier, I think this is a good mining share in its own right, but now enhanced by its 7% holding in VOG ...... The world seems to be just waking up to this last fact.
think cer will come good, after all just gained 10m$ input, shouldn't be taken lightly, but too big a loss for me at present although has been factered in by market... every possibility it is now at a very comfotable price and vog doing so well, i think was already factered in 10p rise this week...lots of upside potential...
CER - cheers for that cynic, I have been watching CER for a while now, but not sure what to do. I am also dead impressed with KAZ and ANTO, and will most likely go with them. ANTO is up today by the way on good news.....
METALS - in response to *hobo - I posted on this subject earlier this month, along the following lines, while admitting that it is culled from a number of sources ..... World economies are roaring, especially in the F/E and specifically China. This is sucking in massive volumes of (stainless) steel, and thus its constituent components (e.g. chromium and molybdenum), copper for wiring etc, silver and platinum for the electronics industry, uranium, and finally gold, though I am not sure if it has real industrial application. The producers of the above are having a field-day, as are oil and gas explorers and producers, though for slightly different reasons. Dealing in hard commodities, especially gold, silver and copper, is comparatively easy either through the usual Futures Market, or via CFDs which is my preferred route. The secondary and more usual route is via mining shares and similar ...... For these, you pays your money and takes your choice, either with out and out gambles with "blue sky" companies who actually have no assets as of yet, or with solid companies like KAZ, Antofagasta, Billiton, or those somewhere in the middle like VOG, CER, VML.
Yes, I seem to come across small snippets and paragraphs here and there on uranium on a daily basis now. Nothing ever in great detail, but uranium discussion is becoming much more frequent, especially with Chinas growth, and even places like Nigeria could soon follow Chinas footsteps. And the recent discussions on whether to go nuclear or not, and move away from fossil fuels have also grabbed my attention. Interactive Investor had this small snippet to say. "Basically, it looks like the uranium industry is going to turn into a bit of a cash cow over the next decade and now is a good time for a long-term investor to get in on the act. BHP Billiton snapped up Australian group WMC Resources last year. Why? Well, because of its Olympic Dam uranium resource, of course. It's the world's largest single uranium resource - and they wanted it."
if you haven't already, try checking out vml, they are looking good and currently investigating uranium sites, i guess you like me believe there to be upside to the price of uranium...
METALS - noted your post ..... will revert on it later when i have actually done some of my "proper" work!
Morning cynic - you seem to be pretty much into metals, what do you make of uranium? And do you know how to get into it? Cheers......
I have given it a go at 215 - DO you think the VOG effect will rub off?
CER - a fave of mine I know ..... but check this company out. It has a very interesting portfolio of all sorts of good mining and other projects - including a 7% stake in VOG (qv)! So far, it has not budged today.
Wish these f'ing spammers would get sent to Siberia ..... Perhaps they can go gold prospecting out there!
CER yes Cynic, tongue in cheek, and recognition of CER, rising well today whilst so many fallers. Decided to stay cash today as it just looked like a good stay in doors day.
CER - Hi self .... assume that was very much a tongue in cheek comment from you! I have been a CER fan for quite a while. I merely passed sensible comment back to you re EKA .... I still think there is an awful lot of upside potential with CER, though it may well take some patience.
CER Cynic, in the battle of ideas between CER and EKA would you call today an ass-kicking day?
CER correction, previous post should have read costs recovered in first six months. Please feel free to post on EKA site
CER Cynic, I like your CER, but I am more impressed with Eureka (EKA) in which CER have 22 percent. Very impressed, very very impressed. Talk of production of Mo this quarter, and costs on the project being recovered in this quarter. They seem to have all the bases covered. Resources, government, finance, production facilities, equipment and of course demand which keeps Mo prices high. I would welcome anybody elses comments. As it stands I intend to be in first thing Monday.
CER - Yes, I know this is one of my fave spivvy (speccy) mining stocks! ..... Anyway, it is interseting to see that Deutsche Bank now holds about 12% of the company, having steadily increased its holding during December ..... If you can hold your breath long enough, I remain confident that this stock will fly again, having fallen significatly in recent months.
By chance I note that CER holds 7.82% of VOG ..... While VOG has performed well of late, CER has somewhat languished ...... That does not matter much, but to my mind it makes CER and even stronger buy than I thought.
Still no news that I have seen, but some solid buying for the second day running.
CER at long last seems to be coming back to life, and pretty sharpish too! While profit taking can be seen elsewhere in the market, CER having crept up a few pennies over the last few days, has suddenly jumped by 20+. I know CER had some (typical!) problems with a would-be or actual Russian partner/shareholder, which was why they tumbled a couple of months back, so I wonder if all this has now been resolved.
Thanks for your thoughts ..... I bought CER at 215p and intend just to sit on them until all is resolved ...... which I suspect in will be within my lifetime!
CER. Cynic, having seen your postyings on VOG I decided to have a look at this other recommendation of yours. Hope you don't mind. There are many similarities between CER and my favourite CEY that I have followed for a long time. Just thought you might welcome these thoughts. CEY operate in Egypt and was constrained by legal argument, and the share price suffered immensely. Even repeatedly winning court cases did not immediately solve the problems. However, the board (in which I have great respect) continued to pursue their rightful claim and did not seek for short term fudges (which they could have done). Things impressed me about CEY. Great resolutness, patience, professionalism, and very importantly good contacts at government level. I note that CER has good alliance with IG Alrosa (Russian Government) and also local governent of Yakutia. These alliances should win the day. Note of caution, at the top, I do not think Putin is at all safe, so don't know if any change there would have an impact. Mind you, during CEY's time, there has been an election in Egypt which would have had an impact. My advice, it's worth the wait for legal stuff to get out the way, and then the announcements about agreements which follow. Keep with it cynic.
Though Celtic works in bandit country and is therefore pretty high risk, my gut feeling is that this is a good long term hold or even buy at these levels 185p) ..... and yes, I have put my money where my mouth is