We would love to hear your thoughts about our site and services, please take our survey 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.
A 132 yr old British company about to be bought by the Yanks and total radio silence in the FT … or have I missed an article?
Why would you sell now when there is a good chance of a 30% premium bid and also a vote of support from another clued up industrial group ?
Thankfully got out of this DOG at 1860 - still a big loss since battery debacle
Looking like it may be takeover bid time at last!SP still rising.
I have been thinking this for some while. over 30% in hands of three or four big boys. let's hope for a contested fight.
Merrill Lynch International (as notified by Bank of America Corporation) holding 6.5% in shares and 10.6% in other ‘financial instruments’, total 17.1% - RNS 31/8/23.
Standard Latitude Master Fund Ltd now increased to 10.1% holding via ‘financial instruments’ – RNS today.
Being lined up for a bid?
This morning RNS
Why we up today?
.....today. Maybe UK has hit bottom?
Oldbutnowisa- shocked where it is has come, 13.80/14.50 next support if it does not bounce up from where it is now. Charts very bearish! It’s a falling knife
As predicted, yet again -- 2 years ago -- JMAT is plunging down toward the £10-15 range.
Charts look very bearish here. Plunging an astonishing-60% in 5 years.
The battery mess in 2021, mixed financial results in 2022, and soft EBIT guidance for 2023-24 are weighing heavily on the shares.
....Shaidm2 and Plug's current problem is entirely expected. Costly to be in green hydrogen right now but may well come good in time. That applies to JMAT too. They have gone into it in a massive way and this stock market is punishing just about everything.
It’s all pants looks like on it ways back down to 16.50 like the whole market just no logic . Very sad no one will touch it yet !
I believe it was ramped madly at first but is now c$13 and at top end of recent highs. JMAT's SP is currently depressed and might well be swallowed up by a Yankee outfit. If it remains independent, it should be well above this in 24 months.....I hope!
Really?
Plug Power: Trading @ $11.86 as of yesterday with a 52 week range of $7.4 low to $31.5 high.
.....with whom they have partnered for Green Hydrogen projects, is moving much better than JMAT. Even if not bought out, I believe this co will rebuild itself if given the time,
And still buying, AP, If £20 creeps up in next few weeks when tipsters highlight, I tink £25 will be a cheap takeout A battle might result in £30.
Almost inevitably…. a 30% premium would be 22.50 still below year high of 23.73
I’d say a nice round 25.00 gets it over the line.
Bank of America buying again. Owns nearly 15%. Might be filling the tank on behalf of client for a bid.
Possible upward Platinum price pressure on nearly a million oz deficit.
https://www.ft.com/content/01352385-372f-4b79-9446-a03c518ba28a
What a pessimistic lot you are here! You will be licking your wounds when JMAT corners the market in Green Hydrogen .
I expect first RNS on this subject fairly soon. They have not made all these alliances for nothing.
JMAT looks ready again to retest its recent lows around the £16.50-17.00 range.
The AI rally in the US markets has expanded into an all-things-futuristic rally. It certainly helps JMAT as ultimately a US company can easily raise funds to take over cheaper UK companies. Standard Industries will do something with their 5% stake. I can’t imagine they will just be a passive investor.
I note that Plug's SP has been moving up lately. Let's hope it's not on rumours we are bidding for them!!
JMAT should get access to some of that Inflation Reduction Act money following Sunak’s agreement. Standard Industries are still waiting in the wings remember and we have a deal with Plug.