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Works out at around £11m worth of shares. Interesting that they should increase exposure to boohoo at a time when one of their fund managers is actively cutting exposure to equities
https://www.ft.com/content/67142c8b-d4f2-4eef-9d34-1f66da3cb5c2
Can't see how long term holders of phe could be long suffering. If one has had this share for more than a year then still must look pretty rosy...not as rosy as six months ago but still pretty rosy. And if had it less than a year then not technically long term holder as per norm for AIM
the SP needs a shot of yellow lol. he always revived things.
personally i would advise not to worry. Tim is not the only one talking about protos and plastic to hydrogen technology. Its in pretty much every green investment brochure. This will rise again and although there may be some merit in blaming TY for the drop one has to remember the day he became the CEO the SP dropped to 2.5p. anyone who is under now bought under his stewardship as it climbed to 11p. I think he has communicated well and has become the fall guy for something possibly out of his hand. really no need for people to turn on each other here
in a few weeks this will start to rise again and these days will be soon forgotten as new investors (and i suspect some big ones) come aboard
great read. PHE actually mentioned by the CEO of Siemens in that report ...."the region is also unlocking hydrogen as a clean fuel for transportation, including plans for the UK’s first plastic to hydrogen facility at Protos in Cheshire."
My apologies didn't mean selling up in a condescending way but the fact is he is very close to the majority share holder of the company and even when a proper CeO is in place he is likely to continue to be heavily involved with the company
My point was just if he is such a big no no I wouldn't stay invested in the company which is what a lot of people did...they sold when he was appointed. Undeniably the SP did drop on his appointment but did also rise to close to 12p under him too
I'm sure he's not completely honest but feel that's just the way things are in business. There's always a degree of shadiness in every business. I just feel if I lose he loses too as does Howard White. That just gives me some confidence that they will get the show on the road, albeit a bit later than was hoped
Also I think an important point is completion may be some time in 2023 but I Don't think we will have to wait that long to see interest from around the world. That will peak even as the plant starts to go up which is hopefully next year
Personally, the way its done, its possible that the SP was allowed to sink to allow some new heavy investors in at a lower price. Perhaps a clarification will come very soon regarding the build timetable. But that's just me guessing
I really think people need to calm down a little. There hasn't been a seriously material change to the direction of the company. If Tim yeo is looking after the big boys, everyone here is being looked after by extension. If you think he's a crook then sell and move on
This board almost feels like a psychologists chair....People seem to be getting some therapy out of writing on it lol
In the coming weeks a new CEO will be announced and then so will Financial close. COP26 is coming. All will be fine. Just need some patience
And I do feel the targeting of DrA is really unnecessary. Even if he was a plant in here on behalf of the company....surely people did their own DD before investing. Its as if its his fault when the SP drops every time. I'd be pretty fed up with the board if I was him
Anyway wish everyone well and really do feel things will be lot better here in 12 months. Most people who invested here probably have a decade in mind in terms of return and so 12 months is not a big deal...at least for me.
@Mark totally understand I'm unhappy too
But I feel it doesn't change the overall direction of the company
This is a complicated engineering project. People need to realise that their investment could go to zero if it doesn't work out. That's part of the risk we are all taking but that's why we are in so cheap
Thats the risk the likes of Howard White and yeo have taken. We are just small fish. However if it works out then in the grand scheme of things 2023 is not that far. I'd rather it was 2021 too
Do feel there is a slight overreaction in all honesty. Not a huge amount has changed except the fact the timelines has moved forward. 2021 was obviously never on the cards. Not sure how much phe is to blame here and why Tim Yeo in particular is getting so much flack. Phe have raised the money and are ready to go. The likes of Yeo not so long ago moved shares into his pension isa. Howard White is more invested in the game than any of us and recently partook in a fund raise at a much higher price.
For a project this size the delays are understandable albeit frustrating. People want this to be 10p yesterday and that just ain't happening
To say the company is fraudulent etc is just barn door crazy. In my personal view nothing has changed except we wait for a little longer for things to take off. Protos is set and the dmg will be a crown in the jewel there but just not tomorrow.
There's just no such thing as a quick buck otherwise everyone would be a millionaire
So much positive news last few weeks. One just gets the feeling this is waiting for the official confirmation of construction starting and could move quite significantly. Hopefully that will coincide with COP26 and we could see a significant re rate
https://www.bbc.co.uk/news/uk-57680723
Protos mentioned towards end of article ( not by name)
Judging on the number of recommends, your input is appreciated by more than those who are irked by it so keep it coming DrA
It's a pity that some people use this message board like their personal psychologist and seem to just off load their frustrations everytime the SP is in the red
It's surprising how upset people are getting. There seems to be constant updates from the company and I think the communication has been pretty regular. We have a good idea of the direction of the company. All green stocks are in a lull right now. Not sure what people are expecting.....its unreasonable to expect some communication everytime the SP drops a few percent. No point having a short term horizon on this one
You can multiply the number of shares x the SP and you get a value for the market cap
So if they all hit £1 ( one day I hope) eqteq will be worth £8 billion phe £4 billion and afc £700m
Unless the companies issue more shares in the future
Tim Yeo gets a lot of unfair criticism at times. Whatever one may think of his political career, Since he has taken over things he has definitely been more communicative and has tried his best to keep PHE in the spotlight and keep investors as informed as he can about what is going on in the background
Poor Dr A has created a rod for his own back
Hes been a solid source of information here and if doesn't post now will be seen as a reason for spreading panic amongst new investors. If he does post gets accused of being a ramper or insider
Not sure what people actually want. Just need to ask yourselves
Is the future of hydrogen secure
Is plastic one of the biggest pollutants in the world
Can PHE provide a solution
There will be slow progress on the way and hiccups of course. Markets have generally been jittery the last month but the situation is not too dissimilar to when the SP was stuck between 2.5 and 4.5p. I was thousands of pounds down then
The positive sentiment will return and clarity on the projects will arrive but if anyone is expecting multimillion pound deals being revealed in daily RNSs then obviously that ain't happening. SP is moving on small trades just waiting for good news for next leg up