SIMEC Atlantis Energy Share Chat (SAE)

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This company sucks lost money 5 years ago first dumb investment

Rooky days

BD the clue may be in the name Barclays. As a customer I found their (ordinary current account) service dismal, would never go back. On the other hand they are profitable, and have had notable innovations; first credit card, first cash machine, first debit card. Prescient, just arrogant and greedy. Wunch of bankers.

It takes more than changing the cover of a book. There's a long road ahead and probably better opportunities for now .

I have SAE / AMP in an ISA with Hargreaves Lansdown & they changed the name overnight & it shows up along with my other holdings no problem.

Is the name change why Barclays tell me that SIA is no longer eligible for ISA trading? If so, who don't they just change its name?

The last three years have beeen.... poor, to say the least.

so i like the name change (hopefully) heralding a rebirth of the company... and wouldn't be upset to see it reclaim the 2020 sp of the last incarnation, too!

2.55p today.

Name change.

The new name of the Company is Ampeak Energy Limited ( AMP )

Share Price: 2.65...Bid: 2.60...Ask: 2.70...Change: -0.05 (-1.85%) ...Spread: 0.10 (3.846%)

A little cheaper today .

33333 / 866.658

Decided not to add even more .

Thought there was a buy order yesterday and 1 million shown up at 2.84p so while stale pi's and traders sell out at lows others are mopping them up.

Just seen these guys agree with my gamble https://www.barchart.com/stocks/quotes/SAE.LN/opinion

Overall Average: 100% Buy.

Be interesting looking back as not into this sort of stuff .

Keeping my fingers crossed 🤞, but I am convinced we got this 😁

Once I came home late at night, could not believe my eyes this, saving your reverence, "turd" soared, and showed signs of getting momentum. I shouldn't have thought twice and instantly sold it. Why? Because what consistency is the big picture off? Wasn't this decline in price predictable? All those mayflies, penny flippers, "diamond hands" , seeking to flip a coin, left as quickly as they came. I know here are many investors with higher entry lvl prices, which did and won't care about this penny flipping. But I disregarded my experience, gut feeling, intution and initial thought: "get out" (and get in as the dust settled).

Sorry for being derisive to longer term holders. But seeing this "common performance of this pos" is frustrating to no end. :.(

TL!

Welcome back. Please tell me you had some gains fromt the previous jump

If more money is earned now, it's okay 🔋🌊.

*suc ks

Ahh mate

Totally hear you. Socks the life out of you sometimes. I've also taken a break, slowed down. Have a handful of stocks doing well, plus handful of dogs. Life beckons beyond the exchanges / laptop. Recent surgery not helped my mood either.

No idea where Fonzi went mate. I recall he had trouble with his account, but I expect he is still amongst us. Hope so. Love/hate him, he's a good guy. Like yourself!

Thanks jungle, just cannot be bothered these days, shares too quiet and I'm getting too old :-))

See you on AMP chaps .

Rns:

https://www.investegate.co.uk/announcement/rns/simec-atlantis-energy-limited-di---sae/change-of-name/9066376

Project is back up on ECU: https://www.energyconsents.scot/ApplicationDetails.aspx?cr=ECU00004838

Here's some timeline info:

"...on the basis that the application cannot be reconsidered by the planning authority at Committee until, at the earliest, 24 September, I propose further deferral of our response to your “next steps” letter until 1 October 2025, or other subsequent date as agreed between the Applicant and Energy Consents Unit."

In germany we call this "Strohfeuer" / straw fire resp. "flah in the pan" .

And now all the leeches have gone and it will probably be the usual suspects that discuss SAE...

Until the next RNS

Keep tuned..

GLA

Thanks guys. This information got past me, been quite busy lately. But sounds good.. let's hope we get the green light. This would really further cement the footing for SAE in the battery business!

At Mr T.

SAE cannot tell us that until the Scottish Government sign it off and it has been given the green light.

Once the green light has been given I am sure SAE will bang a RNS onto the system as this is another mega positive...

If that director or another buys a chunk, the manipulation will be complete!

Wondering if the COO selling was orchestrated to keep the SP low, to make these options more lucrative for themselves. Insider dealing to manipulate the SP it seems. No wonder all the LTH here are so depressed, given how the directors act.

But should give us a base ?

That said pretty lousy strike price. !!!

It's all part of their remuneration, if they get the price to 20p in the next couple of years no one will give a flying f--k

So Taff's sells shares and the share price plummet. Then they get options at lower share price!🤔

He options have an exercise price of 2.65p based on the closing price of the shares for the last dealing day immediately prior to the date of grant and will be exercisable for a maximum period of 10 years.

So in other words, stay employed with SAE and you get free shares. their incentive is to keep the share price above 2.65p....

RNS out

... sorry I meant to say similar to June, when output was 1,111MWh, or 37 MWh/day versus 38 MWh/day in July and 48 MWh/day in April.

Output in July was 1168 MWh, similar to July, and down 21% from the peak in April in terms of daily output. Consistent with one turbine either being out of operation or limping badly. I wouldn't be surprised if this was the Andritz turbine that had been operating for over 6 years - that's a remarkably long innings.

Who cares..

Really think everyone is reading too much into this and then diving off the cliff thinking insider trading.

The bottom line is the SP is gonna settle at 3 or just over.

Probably needed the money for something, directors have bills too so I'm not too worried about it, people will still pile in the stock in this market if it starts moving sharply.

I still cannot believe the market makers can delay a trade under nms of 300k a hour that is bonkers and wrong.

No need to apologise im always glad to recieve constructive criticism as it helps you learn more in life.

I see your point but not sure I fully agree and I actually think the devil is in the detail with this kind of charge.

A director of a company is always going to have inside information, so does this mean he/she can never make a trade as it would become insider trading. No

The problem with insider trading charges is usually a very specific trade made at a very specific point then also sold instantly after a rise.

I guess an example i will give is if the COO had just bought ordinary shares before the rns release maybe days prior. Then after the release sold it all after a spike in SP.

The reporting process of any trade made is very crucial as you have publicly announced your trade ie nothing to hide. This can actually protect you quite alot even if you did do a tip off trade.

Most insider trading charges get applied to people that have tipped others off on inside information especially in regard to that specific buy and sell point.

Or the person doing it ie what we are speaking about does not report that trade a director.

The exact example of what has just happened with the trades made by the COO is why it is not insider trading it was all reported and accounted for.

Bottom line for me is, insider trading charges are not easily proven they are also for most western countries under prosecuted in courts ie the charges don't usually stick.

"It would not be insider trading as long as the trade has been publicly announced and logged."

Sorry but that is entirely incorrect, it is insider trading if the trade were made when the director was in receipt of any news that, were it made publicly available, would have been considered market sensitive an possibily of a share price sensitive nature - whether it's reported has nothing to do with it, in precisely the same way as a crime is still a crime whether you report it or not.

There is never a good time for any exec to sell any shares as stated it never sends a great message.

It would not be insider trading as long as the trade has been publicly announced and logged.

If he traded and did not report it then yes he would be in trouble.

Imo its not actually that bad. Timing is maybe not great.

He bought and sold options and then added 900k of ordinary shares by the looks of it.

So they way I look at it is he actually paid for shares at a reduced rate and then sold.

So some cash went into the company to action the options.

The question always is when can a ceo or cfo or coo unload shares as it always looks negative to investors. They usually have set percentages of equity they can offload at once per annum to protect the business.

I guess this was just a sell to generate some cash as I would guess and this is an assumption as I do not know but I would imagine he has more shares he currently owns.

Hopefully the start of market correction!

Took everything it would let me buy at 2.7 earlier :)

Strange I was happy to pay nearly 2.9p last week but when it was below 2.6p this morning, I couldn't bring myself to push the buy button. I kept thinking about that director sell

2.8 looks to be ripe to pop...

Mid to long term a good investmwnt

@Khorud Search out Mehmet66 and or Oldtramp and look at their previous posts.

It's a how long is a piece of string question, most of us didn't think that it would fall back this much after the good news. I'm tempted to get some more at these prices, but like Mr. T the sells by the COO don't inspire confidence, although I have a feeling that maybe he just needed some quick cash and it's hopefully an outlier event.

Can someone summarize up what the current state of the company is? Does it make sense to invest now or should I wait ?

"I'd be more concerned about the moves around crypto currently and the whole financial market imploding at some point over the next year."

Yep it's got .COM (for those that were around then) written all over it, charts are very similar too. crypto hasn't seen such a rapid rise but spread the chart on .COM and almost identical picture. I suspect the Crypto chart will have a much steeper decline, surprised they've climbed so high.

A novice ref loans but a non recourse loan could be a masterstroke by SAE and the fact they have it shows to investors that AW1 can progress, stand on its own and deliver revenue.

Give it a rest.

Are you even invested?

Not as if it's worth downgrading the mcap by £3million... he got a freebie by selling at 2.725 so buying at sub 2.5 will mean you'll be fine.

but he still deserves a smack for selling so brazenly!

If Taffe now used some of his proceeds to buy, say, 1m shares, it would probably raise the SP by 10\20%

Again Kat....

That is your oresumptive opinion and assumption.

The mid term view of this share from me based on facts are that they are delivering slowly.

Against councils and governments that have previously prevented them repurposingvareas such as Usk.

This will be a cash catalyst in the near term which will expand as required.

My opinion based upon what they have said and have done.

This SP again in my opinion will keep going North...

I'd say the facts are that the COO doesn't believe he'll get better than 2.725 in the short or medium term...

would only have been slightly worse if it had been the CFO!

At stas...

Again like so many the below is your assumption.

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You can see why more and more investors are staying away from AIM when you have directors like this happy to throw the SP under a bus for the sake of a small proportion of their salary, it shows the height of disrespect imo.

Ta

I understand the frustration with the director selling.

But the facts are the same, funding resolved, revenues projected to be £13million for half capacity per year. In time the market will correct itself as this is currently undervalued imo.

At that time, I sold my approximately 3 million shares and invested in $wave.

Then, about a week ago, I bought back 200,000 shares at 3.2 pence.

If we reach 2.5 pence again, I will add another 300,000 shares.

COO bad timing for selling... Hopefully the boss will say something 😉.

Good luck to us all.

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Absolutely Strangey, also it's a company that has a project in Wales, not a Welsh company, someone clearly didn't DYOR.

A bit rich mentioning names when you've chosen a handle that alludes to abusing small animals...

Are u on vino r summat?

Give it a rest please...

Go and bother the other boards u are on.

One minute it's nowt selling his shares the next report to SAE.

Are u on the bubbly already Jekyl.

Only a surname like Taaffe would be such a cliche'd trope of a coo for a Welsh company!

What an totally shiiii*** thing for a BoD member to do to the shareholders.

Hardly a vote of confidence! Wonder if others will follow

This is a shambles to be honest. The biggest update in the company history and the SP has (more or less) fallen to where it was before the update came out.

No PR, no director buys, nothing. Now the COO is dumping his options after the SP has already fallen 50% in a week. Really bad messaging.

All depends on his finances, if it's to pay bills for next 12 months then fair enough but if he is already well off, I do not know his salary here ?

but could have done without it for sure

Think you will find these were incentive options so he hasn't even paid for them to be exercised at set prices. Even Worse !! Plus they issued another ruck of them on tuesday lets hope target price is higher.

I've seen directors pushed out of the company for sending these sorts of messages.

The update will not necessarily correct the SP.

This will be a mixture of both news and info from BOD.

If you go on YouTube you can see the last update and expect another soon that will be even more positive now that they are delivering BESS with money income steadily for next 5-10 years....

But it'll take some positive vibes for buyers to come back in, after the spike. noone wants to get caught out, even when it's at/near support.

which is why an investormeet or similar would be good about now... too much has changed in the past year, which needs BoD to remphasise it to new prospective buyers.

Seems good value at this price but there's a long road to revenues flowing in Q1 2027.

Those little bot trades tend to show when a mm has moved on L2 they are not "real" trades for me because anybody buying will get the online price around 2.94p, seems only 2 mm's want to play in sae Peel and Scap the rest are keeping well out of the action for now. If it can break 3p I think even more sellers on the spike lately will return for another trade

I've underplayed it... it's a £3 buy...

400k buy there 2.965p

mm's shake it down to 2.7p bud bidding online way over, infact the online spread is around 2.82-2.91p

You can thank me.

Yesterday I entered an order for €0.03 or 2.6 GBX thinking this might drop today further.

Fate won't allow me to buy more.

You're welcome.

Looks like the bottom was in yesterday. Tighter spread today. From hitting 5.5p on news down to 2.6p low yesterday. Bounce is on. GLA.

The joys of a SETSqx stock and market maker involvement, nice at least to see a slightly more reasonable spread though, shows some liquidity coming back to the stock.

I honestly do not know how the market makers are allowed to delay a 300k trade when NMS is 300k...that has to be against the rules surely. You delay abnormal large trades way above nms not nms itself, it's a sheer con they can get away with this

So, sooner than later this'll recover and the herd will move back in. 3.5p+ doesn't seem to big a stretch, considering...

As a follow up. What is your point.

I get the feeling u like to listen to yourself talk down to others.

If you are the all seeing eye...

Please start and tell the board your true assumptions about SAE and the SP instead of telling us that you are always right??????

like many have said on here and other chats you are just a dikheerd.

disliked by many from the aliases and bull****.

that is obs a true fact when u start spouting profit and loss.

really?

oddball....

How's your holding doing? I was 2k up when funding news broke out but got our at -£340 down.

One day you'll learn to listen and learn.

SY

Imagine it's more someone who had then at 2ish and has been selling relentlessly from the spike and is happy to take the much smaller profits now and move, considering the near bagging they must have made for the majority of their holding...

still, be good to see them all out. that said, haven't seen any NAVs on this news... esp. as it's all months away...

Certainly is a distressed seller in #sae 5p to sell a week ago and they are blasting them out at 2.6p, guess they are what is holding back the bounce, depends if they have any more to dump than the 350k and 400k they already have a hour ago

@TRob

Yeah - it's the contrast to where we were before and the degree of certainty we have reached now without a significant re-rate. While we made +100% last year we nee dto remember that this only brought us to a market cap of just around £15m give or take. And today we're at £20m :D

For chartists: https://invst.ly/1bvzzp

backtest of the breakout completed - cleared for takeoff.

I've added over 500k, just drip buying on each level lower around here because I believe it will turn and when it's up 10% next all the traders will pile back into it