focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar 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.
It is now two years and one month since I made my first, so called, investment into Ceres at, with hindsight, a stupidly high price. Back then, all the talk was of the imminent joint venture which would surely take place this week or, if not, next week. Absolutely guaranteed to happen. Then came "be patient" over and over again. Then, Ceres are in the best place to prosper from the Hydrogen miracle, so be patient. Then, endless speculation about the arrival of a really positive announcement that will elevate the share price into the stratosphere. Now, grasping at mythical straws with all our daydream believers. Where do I stand? I have averaged down during my Ceres journey (destination unknown) but remain very much out of pocket. My takeaway is that no one knows where all of this will end and I will just hang in and see what does happen. Only my ramblings so kindly do your own due diligence. Incidentally, congratulations to those who have made money with Ceres. Thank you. Class dismissed.
Are we going to start and drift back down to the 150s again.
Now up for sale. Reason?
Tennents.
I stand corrected. Thanks for clarifying that. GLAH
1863
The Marshall Wace short move of 0.11% is 212,317 shares purchased.
CWR average daily volume is 733,102
CWR price is up 34.47% in the last month.
That suggests Marshall Wace are responding to a price move rather than causing it. However their reducing is making a small contribution. Another 3.26m shares to be bought back to clear all published shorts, and probably some more below the 0.5% declaration level.
Sorry to spoil the party...but...Marshall Wallace reduced their shorts which probably explains, at least partially, why the SP has risen 'inexplicably' (sic).
Hope I'm wrong and something else has moved. GLAH
Hold on I'll get my ladder out ;)
Stars are giant balls of hot gas – mostly hydrogen, with some helium and small amounts of other elements.
There are approximately 200 billion trillion stars in the universe.
I also wonder when sea water desalination will catch on, Saudi’s have used it for decades as its only source of water.
Hydrogen is the largest by far element in the universe, without it we wouldn’t be here. When will man understand this and harness its power?
Green hydrogen is more than adequate for man’s energy needs and pumps out oxygen as waste!
Totally agree all important sentiment seems to be improving in the sector
I hope I am not jumping the gun, but I have a feeling we could just have turned the corner now, like when it went down the other day, and then made it back the next day, all it needs now is a little bit of good news, and this could go back into the 200s and stay there, and start moving north once again.
That reduction was over £370k in buys at today’s valuation and only 1/6 of the shorts they hold. Then there’s Qube and Acadian too. It’s going to cause a big rise if they do start to reduce their positions.
Marshall Wace reduced their short this week. Let's see if the share price can get to £2 next week.
We have a market cap of ~ £350m and the latest P/E is - 6.25 until we get a positive P/E then I think we are unlikely to see an significant rise in the SP.
Much of the potential is still in the future and I fear many people were caught up in the bubble of late 20 and early 21 when anything hydrogen went nuts , but we are slowly working past that now.
Hydrogen interest seems to returning can see a rise pretty soon these markets are moving upwards and Ceres will follow
After the nothing RNS on Tuesday l expected this to fall. However since then we have stayed fairly stable .
Are shorters trying to slowly exit or is somebody adding.
CaptNemo, thank you.
What puzzles me though is if everything in the garden is so rosy (with regard to hydrogen) then why the blazes is the Ceres share price languishing?
Re Spuders, toltrisk, et al
Thanks for the link to the Nottingham article, they have a great reputation for chemistry at that Uni.
There is a company in Canada called GH Power and on their website they say they have a working prototype which takes aluminium and generates hydrogen using a proprietary catalyst. But of course they don't say how as it's a trade secret and a private company (at the moment).
I've been keen on hydrogen for a very long time and first bought CWR when it was 6p a share, before the 10:1 consolidation. Sold half my stake at the end of 2020 but kept the other half as I believe there is a bright future for hydrogen IF it can be produced without adding to greenhouse gases. Most hydrogen that's made today is what we now call ''grey hydrogen'' made by the high temperature steam reformation process, where methane (CH4) is reacted with steam (H20) to produce hydrogen and carbon dioxide. Today the hydrogen is easily captured and most of the carbon dioxide is released to the atmosphere.
Any of the myriad of evolving technologies that help to produce hydrogen in a way that does not add to green house gas emissions is a BIG plus in my book. The reason I really like Ceres is that the technology works in both directions, a fuel cell that generate electricity and an electrolyser that can generate hydrogen - what's not to like.
I'm also in PHE - for my sins - but again I like the technology (maybe more than the management) and IF they get that off the ground it will turn low level unrecyclable plastic waste into hydrogen and/or electricity with a very low carbon foot print.
Spuders, Thanks for this. How is this good. or bad, for Ceres? When I invested here it was very much a punt, I did not really understand the hydrogen industry merely believing it to have some future potential. Silly really but, even though I have invested (gambled) a five figure sum, this represents an extremely small part of my SIPP. You could say for a bit of fun. But, having lost money, I would like to recoup. I guess there are a few like me who took a punt without the required due diligence. For what it is worth, I will retain my investment and am optimistic I will make (an eventual) profit. I tend to be quite fortunate but , of course, I may remain clobbered by this share/industry. Unlike myself, please do your due diligence. Thank you.
Unusual pricing movements for sure Noggers... but we aren't complainng are we? Good to see price remaining firm and slowly increasing? Remember - you gotta have a long time horizon in investing?
Discovery made in University of Nottingham
Scientists have found a way to transform metal waste into a highly efficient catalyst to make hydrogen from water, a discovery that could make hydrogen production more sustainable.
https://www.nottingham.ac.uk/news/trash-to-treasure-researchers-turn-metal-waste-into-catalyst-for-hydrogen#:~:text=Scientists%20have%20found%20a%20way,make%20hydrogen%20production%20more%20sustainable.
At the moment we are up 8 percent, now why did it go down 7 percent yesterday yesterday just to go back up today, unless it was so some could buy in cheaper.
Noggers.
Exactly. Catch 22. Sell and it goes up. Buy and it goes down. Totally illogical. A right conundrum.