The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen 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.
There has been a couple of large sells today however the buys have far far outweighed them. So for this to pull back as much as it has I would imagine an after hours huge delayed sell again like yesterday.
Just my opinion let’s see.
I’m holding tight to my shares
All will come good in the end! GLA
No just as to be expected!
Good one again mr Wos. Keep making me money bud
At first sight, technically it moves in suspicially orderly way again.
No such thing as sticky holders in a discount fund raise mr Stephen
30 odd million that’s a lot of shares to shift and the sp been doing well lately. They may of had heads up that it’s a done deal and decided to play stickers like the rest of us . We shall see
"What will Axis do?" - probably nothing as shares that were going to be forward sold have been forward sold & Energy Meeting with Minister on WEEKEND!
🦉
Next week mr AlfredGeorge and probably much higher!
We KNOW PowerChina / GCM Project submission wiki be "shortly" in 11th March RNS.
Energy Committee Meeting is where Project submission will be seen.
🦉
And then we have the Meeting this WEEKEND with the Energy Minister and the critical energy situation in Bangladesh!
What did he say to the BBC about Open Pit Mining / Phulbari again??
Purchase last couple of days will be good ones an sure and SP should reflect this with any mention of Open Pit Mining.
Power China / GCM talks clearly suggest this is route for Govt!
Celebration for holders next week imho!
🦉
Coal-fired generation has pushed Bangladesh power sector emissions to record highs: just under 60 million tons of carbon dioxide emissions in 2023, up from 58.3 million tons in 2022, according to Ember.
That emissions load was roughly a 24 percent rise from 2019.
The carbon intensity of electricity generation has also climbed. Roughly 741,500 tons of carbon dioxide was emitted to generate each kilowatt hour of electricity produced in 2023, up from 723,200 tons in 2022 when coal use was roughly half of the levels seen in 2023.
Coal-fired generation is still rising, with 2.11 TWh of electricity generated from coal in January, up sharply from 0.83 TWh a year earlier.
Imports of thermal coal are also rising, with seaborne purchases through March totalling just over 3 million tons, up from around 2.5 million tons during the same period in 2023.
If Bangladesh's coal use and imports remain strong, 2024 will likely set a record for both coal-fired generation and emissions. It could potentially offset any declines seen elsewhere in terms of coal consumption and pollution, with Bangladesh emerging as a hub for coal demand even as much of the rest of the world turns its back on the fuel.
Bangladesh power firms more than doubled coal-fired electricity generation in 2023 from 2022 to a record 17 terawatt hours (TWh), data from energy think tank Ember shows.
Bangladesh power system gets dirtier on rapid coal use growth
Coal is on course to overtake natural gas as the primary source of electricity in Bangladesh, worsening regional emissions and complicating global efforts to cut use of high-polluting fossil fuels.
Bangladesh power firms more than doubled coal-fired electricity generation in 2023 from 2022 to a record 17 terawatt hours (TWh), data from energy think tank Ember shows.
Over the same period, natural gas-fired electricity output increased by just 4.7 percent to 47.44 TWh.
The sharp jump in coal use relative to natural gas use resulted in a large swing in the country's electricity generation mix, with coal accounting for a record 21.1 percent share of total generation, up from just 7 percent two years before.
The share of natural gas-fired output fell to around 59 percent in 2023 from 66 percent in 2021 and 76.4 percent in 2019.
If utilities keep increasing coal-fired generation at a faster pace than gas-fired output, coal could emerge as the primary source of electricity in Bangladesh within the current decade, undermining worldwide efforts to cut coal use.
Bangladesh, among the world's largest clothing producers and exporters, has experienced sharp growth in energy demand from its population and businesses. The country has garment factories that consume power around the clock, and overall energy use also has climbed along with economic growth.
Real gross domestic product (GDP) growth in Bangladesh has averaged 6.2 percent over the past five years, more than twice the global average, according to the International Monetary Fund.
Using Internet of Things technology developed by Cisco, these wired plants will provide researchers with continuous updates on their health and hydration.
The county's power suppliers have struggled to keep up, resulting in regular power outages last year.
To avoid similar setbacks in 2024, authorities have directed electrical power generators to use more coal, and have approved record large coal imports.
The country already receives regular thermal coal supplies by truck and train from neighbour India, but in 2023 also boosted seaborne imports by 47 percent to a record 12.7 million metric tons, according to ship tracking data compiled by Kpler.
Bangladesh's average annual seaborne imports from 2017 to 2021 were 6.8 million tons, so the jump to close to 13 million tons last year helped lift the country to 12th on the list of global thermal coal importers in 2023, from 14th in 2022.
With several nations taking steps to steadily reduce coal-fired power generation and imports, Bangladesh will likely rise further in coal import rankings.
52,714 at 09:43
Just pick up another approx 52K shares myself at just over 7.24p!
Accumulation (while we can)!
🦉
25p, 50p...? Who knows Mr InvesringGenius.
Think it obvious will be a Massive & Immediate re-rate and all indications are for the two points
a) Project Submission "shortly" as officially communicated vis RNS 11th January
b) Critucal Necessity / Acceptance of proposal (with some discussion on details) - "Approval assured, although there may be several iterations involved to clarify ahead of Approval" - RNS 28th March
Also almost certain this will be brought up at Sunday Meeting for reasons given.
🦉
Have to think will be some buyers today and tomorrow ahead of this
Could be trading at 25p+ next week
Header say all and no interest in "fundraise shenanigans" discussion - prefer real Operational focus!
- We understand Economic Crisis that relates to Energy & Foreign Exchange Critical position
- We see Multiple media coverage from major credible outlets on this subject
- We hear statements from Energy Minister himself
- Two Way discussions between Govt agencies / GCM confirm this
- PowerChina AND Major Domestic Energy Suppliers involved with GCM now
Power China / GCM expected to submit Project Proposal "SHORTLY" once Govt settle in place - this Energy Meeting look like it & will certainly discuss Critical Energy situation (and solutions).
PowerChina have STRONG Govt contacts & track record of infrastructure development / employment in Bangladesh - and they rapidly move to CONTRACT basus before this Project Submission "shortly".
- Environmental Impact & Local support addressed!
We can get lost in "trading shenanigans" or other such chit chat but main focus is CLEAR & STRONG for investors here - those NOT holding seem to be ones most stress because of Staggering potential Upside here.
*For note - last time we had placing shares enter market or Warrants exercised - Share Price Push up Strongly afterwards. Tells me lot are looking at bigger picture developing & shares are getting tighter held.
This is most exciting & biggest upside stick BY FAR anywhere on Aim!
Buy hold or sell - my strategy is Accumulation (like my other oil stock).
Research & Rational thinking beyond BB chit chat help alot! 🦉