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Header say ALL - and ask you to research yourself so you understand this is not just sillly hype header or post.
Upside is Staggering (Multiple of multiple of current SP) - unusual for ANY investment opportunity and back by solid INTEL!
It is useful to understand Govt of Bangladesh have NO real alternative but domestic coal production - this is why we get all Local Media / Experts / Energy Minister / Company comments on this AND Power China MOU β‘οΈ Contract & Major Energy Users now talking to GCM.
IT IS HAPPENING and ALL SIGNS ARE THERE!
*Click on Mr Searcher, Mr Pappikon (and good other BB contributor for all backing research links.
- We have Immanant RNS due with NED Appontments.
- We have VERY NEAR TERM Newsflow with Govt New Energy Plan ( Energy Minister has already say we need Domestic Coal Production as in Phulbari).
The Share price is set for very healthy risexeith good period of GROWTH & CONSOLIDATION we already see - This make for much better rise going forward as lower level holder replace by newer holder.
Also with LOW FREE SHARES there will be DECREASING STOCK AVAILABILITY as more stock is held tight.
GCM is not a a simple Multiple rise opportunity but a very rare (Multiple) MULTIPLE prospect.
This type of stocks are spoken of a lot on AIM / MARKETS but are much more rare then people think - GCM is HERE & NOW.
Buy or not no problem (I have mine & do not plan to trade) but DO RESEARCH to undestand what this post and 9thers are trying to say.
π¦
POWER CHINA - "PowerChina has completed 20 Projects (in Bangladesh) with a total contract value of USD 1.6 Bn.
POWERCHINA is a contributor to promoting Bangladesh's Economic growth and social security. In the power sector, Power China contributed 13% of the goal the Bangladesh Govt set up in 2021 that the power generation capacity to 24,000MW.
As if today POWERCHINA has provided 14,569 job positions through implementing projects in Bangladesh"
Source: en.powerchina.cn/2022-10/10/c_818524.htm
POWERCHINA is well established in Bangladesh, has experience in highest level INFRASTRUCTURE PROJECTS, has to level access to Govt - and is GCMs JV partner entering into new Contract with developments unfolding fast!
All coming together! π¦
Great header and post mate πππ
Thank you captains Searcher and Owl for your research, and others too Iβm sure.
Final bit of accumulation for me today (no more ISA limit) and then itβs sit and wait until I got that notification of an RNS. See you boys when we are rich (hopefully) ha
I took some yesterday at 9p after reading all the great posts by Owl and searcher. Does feel like the SP is just waiting to go on an amazing run. GLA
100% agreed, just hold and wait. It will all work out
The fact that PowerChina has completed 20 projects worth $1.6b in Bangla shows the importance and size of Phulbari when they are willing to sign ONE contract worth $1b with GCM.
MMβs conducting a tree shake by dropping the price 13% on volume of just 300000. They are clearly desperate for shares and this will bounce back heading north again when their attempt to panic investors into selling fails.
More likely a sell/s we haven't seen yet but I stand to be corrected.
Treeshake / sell? - focus on INVESTMENT is my approach. π¦
Header focus on Price Projection on DEVELOPMENTS and not daily price fluctuation.
- RNS for NED's yes - Any Day Now!
- RNS for Govt New Energy Plan. Good point about Ramadan but maybe play other way - they may release during because this is time population meet up in places of prayer / have time away from work / meet family & discuss.
Country does NOT stop so Govt business still go ahead so this month still open for News Release.
About MM manipulation? Maybe / Maybe not!
If they know NEWS due is not unheard of. We can also say that we have not had down day for some time - this gave to happen at some time & many think will be today with smaller daily rise yesterday - No surprise.
Just like No Surprise when we see next Price Push and UPTREND continuing.
We see same at lower price levels with sudden BIG push when weaker hand out - PATTERNS REPEAT and I expect same again any day (Developments support this view).
Buy, hold or sell - RNSs due - Energy Crisis still there - POWERCHINA / Bangla Energy Companies positioning for this - all support UPTREND CONTINUING!
* Daily price moves??- LOL!
π¦
Now for the NED RNSs next!
if they have already been identified (Feb 28th RNS) then reasonable to expect any day now. π¦