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's still a good buy
Ah yes. Duh
New majority BOD from EBIOSS. Name change. £330m potential project pipeline in the UK. Co-developers Energy China in discussions with EBIOSS (they already have a deal as seen in the May article). Now EQTEQ will become an investment vehicle for EBIOSS. Things will move quickly after the 6th February IMO. https://twitter.com/scunnytrader/status/821802806319448064
Energy China Investors brochure: https://twitter.com/scunnytrader/status/821819405470494720
Nb 78210 000 new shares = 51% of new company works out at market cap of approx £7.8 million @ 5p a share
£1.37m
This time they are green. https://seenews.com/news/bulgaria-based-ebioss-energy-energy-china-group-to-jointly-develop-gasification-projects-527009
As EBIOSS see it, 5.53p is cheap. We should see more interest now as the reversal is in and people start to do the research. Then your 10p should be a formality. I think the plans for EQTEQ PLC look really exciting and should offer a renewed vitality to this share. Looking forward to it.
Dan is very shrewd man. I'm never one to dismiss a Dan pick lightly. Tremendous performance last year and this year is going to be no different it seems. This is a beauty and I thank Dan for pointing it out. I'm a little late to the party as research takes time but I also like them ready to go. This is ready to go.
Smashing breakout on the cards now. Not much in the way to 5.50p - then the small matter of a 3 year double bottom is in.
Certainly is simple. Post that EGM - as per the circular, I expect changes to the Board. The Newry timeline and funding to be announced. I would expect the new BOD to stamp their mark with all the publicity and flag-waving necessary to attract attention from the big boys in the city. They need to really get this share price moving for the purpose of this £330m project pipeline. Most will be served by debt-finance but they won't want to be giving away shares on the cheap even if equity is part of the deal.
Crazy isn't it GM. Buy, hold for 3-4 weeks, double your money, that simple! Even if it's 5-6 weeks!
Quite fantastic people can still pick up shares cheaper than EBIOSS did. Which is a huge buy signal itself. The 6th of February onward will see these levels gone for good. I believe once resolutions are passed we will see the hand of EBIOSS pretty quickly. Newry will be set in motion quick sticks IMO.
On the 10th of January REAC became a serious player in the UK renewable markets space. The announcement of a timeline for the completion of Newry Biomass plant is also imminent according to the Circular. I believe EBIOSS have the funding tied up. The market has clearly not read this document: http://www.reactenergyplc.com/images/pdfs/EGM-Circular-2017-and-Notice-of-EGM.pdf Nice to get a chance to pick up a super bargain. I never usually utter the words, 'easy money' but the risk/reward is superb here.
Indeed Groucho. Think we are set for a nice run here now. So many possibilities for the business
Looks nailed on here, IMO. Should be a good run up to the EGM.
5p coming
I agree. The deal is very good one. Which means there is something in it for them. £330m of projects in the UK. Talks with Energy China about being co-developer. Premium paid for shares. EBIOSS being able to appoint a majority BOD. Name change. Essentially REACT becomes EBIOSS UK and gives them access to UK renewable energy markets. Pretty good deal.
seems to me they wouldn't have taken up the deal and the conversion if there wasn't some funding being lined up or lined up. thoughts?
but in all seriousness - this is a bit of a silly price to be at given EBIOSS are coming in at 5.53p in two and a bit weeks. that deal alone will open up opportunity signifcantly.
that's probably overrating me somewhat. am also in NCCL if you want to go and buy that ;)
Nice post, good to be in a share with you
a no brainer at this level. first target 5.53. it's all public info. you don't even need a chart.
Mm on 5.75
EBIOSS want access to UK markets. £330m potential projects in UK. Energy China in discussions with EBIOSS about becoming co-developer.