Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video 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.
I still keep my original targets, SGI 2p & HBR 12-15 old money. Oil prices will be short lived and SGI's glory days are decades behind it.
Time to stop chasing fallen angels, they've usually fallen for good reason and rarely regain their previous standing.
So I sort of agree with your valuation line. Both need to go down to make them even a reasonable investment case. SGI, too much risk and HBR, who want's to hold oil for anything more than short time. There's only one less attractive part of the market, over valued "green new issues".
SGI's "strong parental and banking support" so strong they've tried to IPO away their failure...
HBR holed below the water live, SGI a dead duck ( but maybe worth checking again in 12 months!).
There's plenty of decent companies out there.
I've just cashed in a short term bet that's left me up x 2.5...you just need to find growth at a reasonable price in companies that people want. Forget the crashed an burned, unless you are willing to wait 5-10 years.
Pear, frankly ARB shares are starting to look like my Harbour Energy shares. We have record bitcoin and oil prices. Yet both companies are severely underperforming. Clearly when a share is out of fashion, the underlying product's price: oil or bitcoin almost becomes irrelevant to it. Both shares should be markedly higher so something is holding them back. With ARB, my contention is that it is the extreme energy prices which ARB has not raised enough funds for, at a time when by its own comments, it is more difficult to mine that each extra bitcoin. With HBR it is the hangover of stock from the merger with Chryasor but either way, both companies are out of fashion with the market.
I feel that SG is in the same position now as these two, albeit has never recovered since the shares collapsed in 2016. Like HBR, SG has strong parental and banking support from its main shareholder. But this is not worth anything it seems to the market and there remains a large overhang of stock sold off to marketmakers five years ago that needs to be soaked up before the price can rise properly again.
It really is time that all three companies were revalued.
No problem Pears. I still feel ARB is in a bit of a position due to the unbelievable fuel prices. They are in such a high energy business, my guess is that the recent rights issue is not enough. Still, in the field they are in, as I have said many times, they are the only one I'd buy shares in, so I cannot blame others for doing so.
As regards SG, I know this is going to go good at some stage and it will be sudden. There's no way now when we are so near that day, that I am going to miss out, I have stuck with SG for some time, and averaged down accordingly.
Now we have Castlenau investing in SG, the publicity of the one cent magenta, the reopening of London and the refurbished store, plus exhibitions coming back on, it can all lead to one thing: increased turnover for SG which in turn will lead to the company moving into the black at some stage soon. Following the recent Mallett news, the first half 2021 figures will still be loss making, but I believe trading is recovering at a rate of knots.
First half figures are due after end of this month and should make more positive reading.
I expect many to make comparisons between SG and ARB once the shares start moving.
Pearls remember for the past year how you would come to the Argo board anytime the SP/BTC dipped declaring prices were going to crash, it was a bear market, a giant Ponzi scheme, etc? Lmao. The next few months are going to be payback. All in a friendly kind of way of course. Sometimes I can go a bit overboard but it’s all just banter ;)
Tick tick tick tock
Bitcoin doing well though…
Castelnau down - 2.32%, as I type.
HBR down - 5.32%, so far today.
My guess SGI will start drifting down again in the next few days.
No uplift for the SGI share price and still one or two trades a day.
Interest in this share is mediocre at best.
I predict a poor response to the BG fractional ownership too.
Stamp collecting, train spotting, weddings and funerals?
- I know it's such a weird mix, in the promotional video Castelnau talk about the wedding business...that's after a year of very, very depressed number of weddings. I get the feeling what they have in common is that Phoenix want shot as they've all under performed. It's the great SEXIT!
Stamp collecting, train spotting, weddings and funerals? lmao. As with most actively managed funds, I suspect this will underperform a plain index tracker over the long term, especially when taking into consideration the 1.3% in management fees which seem very expensive.
We are a Castelnau thread now are we? I'm surprised you are encouraging people to buy Castelnau over SGI, but I guess it makes more sense as you get DTY and others in the mix.
As I said,
So the sellers were out in force yesterday;
Sold Value £5,490
Bought Value £1,514
On what was supposed to be the most auspicious day for SGI in a long time!
....people were selling SGI yesterday!
https://c.newsnow.co.uk/A/1100244058?-:
Correct values for yesterday:
Sold value: 27,112 sold = £788
Bought value: 198,844 bought = £7,357