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“ i believe there has been a real positive step forward since that energy meeting”
Opinion based on hearing absolutely nothing from the meeting 🙄
You really are a classic 😂
An RNS stating what exactly though?
BoD (at the AGM) confirmed that the first we would hear about it would be government announcement, they’re not going to say ‘we have submitted, so far so good’
Yes i think we may see an RNS shortly as i believe there has been a real positive step forward since that energy meeting
Stevehuges, I did not think that we would not get any feedback from the meeting until the end of the week mate, that's just how things work in Bangladesh, but hopefully news will start to filter out soon now ;)
This has held this back below 15p with all the recent + news
in the past this would be 50p+ by now but lets see if it motors towards 15 20p
….. have started early ;-D
Was hoping something came out of energy meeting Sunday ! Anyone got an ear to ground ? Not sure how someone would retrieve this info ! Would be nice to get some info
Yes i think will get bought up quickly today. Was quick to drop it into close after a good buying day. Think we may see some fireworks one day soon
How many people (really) think now finding uncertainty out of way & Project submission taking place - we will not be BACK into double figure SP soon!
Good to think about!
🦉
Should see 8p plus today.
Thanks . Trading Signals clear. Lets make more money... wink wink...overhang still big lets profit from it again today
Header say ALL - can be back up with HARD INTEL before anyone try to criticise it!
Pre-Election pledge is very clear and resin for this is very clear - Economy is in CRISIS because of Global Energy issue / Forex catastrophe / Domestic Energy supply meltdown - FACTS!
Energy Minister has mention now that they HAVE TO look at Domestic coal production and Phulbari specifically mention.
DIRECT FEEDBACK FROM GOVT SUPPPRT THIS & EXPLAIN POWER CHINA MOVE TO CONTRACT BASIS.
Price - we can see CONSOLIDATION and like last placing in late Jan price did not touch placing price & Instead Multiply in following weeks.
Since then we have POWER CHINA CONTRACT DEVELOPMENT/ LONG TERM FUBDING UNCERTAINTY REMOVED/ MINISTER DIRECT REFERENCE TO PHULBARI and expecting PROJECT SUBMISSION "shortly" from 11th March RNS and probably submitted now if we look at RNS/AGM/MEDIA feedback!
Buy or not - I expect pattern of Consolidation to Uptrend continuing will repeat as Free Stock become tighter & tighter with Accumulation strategy of Investors off Intel Feedback
EXCELLENT (Hard) INTEL AGAIN FROM CERTAIN POSTERS - Thank you 🙏
🦉
Header should have Adverse consequences of load shedding
Finacial Express editorial
https://today.thefinancialexpress.com.bd/editorial/adverse-consequences-of-load-shedding-1713974243
Not able to pay airlines either because of $ shortage crisis, not being able to pay for imports of all sorts of items as s result of energy import fiasco.
https://www.tbsnews.net/economy/aviation/iata-calls-bangladesh-unblock-323m-airline-funds-835761
State Minister for Power, Energy, and Mineral Resources Nasrul Hamid told the media, "We are asking power plants to run at full capacity. However, the main issue here is finance. The gas supply needs to be regular. I have enough power plants. I can supply up to 18,000-19,000MW. Coal-based power plants are also in my hands. My primary challenge is ensuring continuous operation of the power plants and providing them with financial support. This is my main challenge right now."
Incredible admission of failure!
Rare sadmission of failure"
In this reality, the Bangladesh Secretariat has been instructed to limit the use of electricity – a rare restriction for the country's administrative hub, which usually enjoys uninterrupted power supply."
https://www.tbsnews.net/bangladesh/people-suffer-load-shedding-hits-1500-mw-835691
Energy & Power Magazine | Ruling Party and Its Pre Election Pledge for Mining Domestic Coal https://ep-bd.com/view/details/article/MTAxMDQ%3D/title?q=ruling+party+and+its+pre-election+pledge+for+minin
Wrong again Wos...
Sp went up because punters entered for quick win.
If announcement is not coming SOON ( wink wink)...SP will drift....as usual. Simple. Be wise
Should not be long now before we start to get some feedback through the press of last Sundays 1st meeting of the energy department of new government!
“The country's overcapacity for power generation has been negated by depletion of domestic gas, costly and uncertain import of oil, coal and liquefied gas on account of dollar crisis. More daunting will be the challenge if war in the Middle East escalates. ”
https://thefinancialexpress.com.bd/editorial/adverse-consequences-of-load-shedding
BUY Signal will be trigger and should see repeat of what happen to price after last Fundraise with strong push back on Uptrend.
Also last Fundraise we did know we needed another one few months later & price still push upwards because of all Hard Intel and massive UPSIDE potential.
Now we have MUCH more certainty with full funding for next 16 months (not few months like before) AND PowerChina move to $Billion contract AND Nasrul Hamid Energy Misister comments on Open Pit Mining / Phulbari.
Do we really think it will not push thru Double figures this time & with funding uncertainty out of way now?
🦉
Excellent day with some good volume… and would of taken another big chunk from the placing stock…
Not long before we will hopefully be let loose completely 😅
To sell to someone tomorrow. It’s started the uptrend imo.
Strange goings on…
They will gladly take 300k shares of me on a dummy sale. First time in ages.