Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Yeah, might be time to switch off for a while
Aberdeenman
For the UK, recent figures of a 1.6% drop in retail sales point to gloom, BUT alcohol and tobacco figures grew, highlighting that when things are bad people need to retain some outlet.
Although we are isolated by being ultra premium, we are further isolated by being in a growing sector, despite the downturn!
Aberdeenman
"Well until Burt announces a bottling partner in the States this is going to be really boring now…"
They do throw in the occasional curve ball, I would hazard a guess that they are advancing plans quicker than some might give them credit for.
The US bottling plant is just one of the things they will be attending to.
Happy to wait this one out.
Aberdeenman
With Vox being very positive (and the charts;-) so will be others.
As I said this will be back up in no time.
Aberdeenman
Looks like a few large sales have caused the majority of the drop, otherwise the vast majority of trades are buys.
This will be back up in short order. (IMO)
Aberdeenman
When you look at revenue growth at 26.3%, with 2nd half expected to be stronger, this is before China and US markets provide a major boost to that growth.
I still believe revenue growth will be exponential, and the figures and forward plan bear that out.
All to play for here, just, as been said over and over again, it is not a short term multi bagger, but over the medium and long term it most definitely is.
It is all about building a great position whilst prices are low to take advantage of the growth.
Aberdeenman
Well, I just added another 100k at a touch under 3p, hopefully caught the bottom!
Will add more if it drops further
Aberdeenman
It will be the usual buy on rumour, sell on news traders causing the drop or trying to spook holders into selling. I expect the drop will be bought into.
This is not a stock for a quick multi bagger, it will get there, patience rewarded and all that.
Aberdeenman
Forget that must have just been a blip, back to normal.
Aberdeenman
IG saying it is not open to trade EISB, is it suspended pending an announcement?
Aberdeenman
Strong set of interim results:
Strong revenue growth and significant strategic milestones achieved
Revenues up 26.3%, and 1st half normally weaker than second
US bottling plant discussions at an advanced stage, will improve margin
APAC market recovering (and they still improved revenue significantly)
Exponential growth is confirmed IMO.
Aberdeenman
Stockpick, I think they should hire you for a sales role ;-)
Aberdeenman
It would be a mistake applying the same criteria here as to Fevertree.
The CEO has already explained that they are fairly isolated from the mass market conditions, aka Fevertree, we have an advantage being at the ultra premium end of the market.
Supply chain issues are a consideration though, but they have isolated themselves from that somewhat as well.
Aberdeenman
"Woulda coulda shoulda remorse. Why didn’t we buy?"
I certainly have been, now have a VERY healthy 7 figure holding, which in turn, along with others, leads to a smaller free float.
Not forgetting we have a decent II presence in this stock as well, more sticky shares!
Roll on the results!
Aberdeenman
Whilst what you say is true, I don't think what we have seen in terms of sells would constitute a large sell off.
As has also been said, this is a longer term play, dips are to be bought into as far as I am concerned. If it falls much further I will be buying more.
Aberdeenman
Fingers crossed :-)
Aberdeenman
Buy for me, just added another 105k
News is sooo close, seems mad not to add at these prices.
Aberdeenman
Fishing trip prior to news?
Aberdeenman
If this goes down much more I shall have to buy more !!
Aberdeenman
Seems a shame (to me) to go for the SWB, I prefer the LWB, just for the added flexibility.
Anyway, I think the gains here will pay for the extra cost - no problem!
My ambition here is obviously more than a SWB ;-)
Aberdeenman