Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
The PE in this case is totally irreverent due to the progress the company has made in the last year alone and if one looks at the last two years it is clear that the company is making substantial headway. This type of share is where you can make huge returns if you get your timing right. Unfortunately, I do not like investing in a rising market as like most investors I like to be in as close to the bottom as possible. Not always a winning method but at least I survive.
Max! To make sense the market cap has to be divided by 327.5 and your answer will be in the millions albeit in fractions. The answer that I come up with is decimal point 155 recurred. I have solely used your figures as I do not have the accounts at hand. Yours Able.
Shareholders should not be too concerned with the fall in the share price as the company is still in it's early stage of growth and it can sometimes appear ages before growth is recognised. Considering the company has grown substantially since inception one can not expect too much in the short term. However, I do expect the company to grow when their products are fully recognised and that is the point when we should be ready to invest with confidence. Do not ask me when that is as all the signals are usually market driven, it is just being to recognise them when they occur.
Hi TruroTrader! I have no argument with what you say, it is just that I run 3 portfolios all with a defensive play and while all hold losses they are all in profit. In conditions like this I turn very cautious and I like to keep my powder dry for the just in case scenario. The beauty is I already hold the shares in the 3 accounts and I can afford to play safe as quite often I am driven by the psychology of the moment. Able.
Due to the sudden rise and the market taking a dizzy turn I have decided to hold off buying. When every thing seems to take off at the same time is sufficient warning for me to hold off - win or lose. What a difference a day makes?
TruroTrader! The simplest solution is just to buy them and sooner or later the shares will reward you. I intend to add to my holding next week as it is extremely difficult to acquire shares with the same prospects in a relatively safe sector. I think Max Margolliss hit the nail on the head with his analysis of the company's position. The rationale being, two heads are better than one and, it is no good me worrying about the time factor and should it come to that, it will be the legacy. Able.
Max! My understanding is the problem with the banks is the fact that they are inextricably linked within each other and should the EU collapse they too will collapse. Ever since my first foray into the market I have always been frustrated by the markets behaviour, sometimes experiencing success and more often than not having to wait anything like 5 years for anything to happen. My very first investment was in Marley which halved in value after holding for a fortnight and 3 years later they trebled in value from the original price paid. Many other companies, the time frame was similar and as T.P.G had such a poor beginning we have to wait for them to figure on the investors screens. My experience is being prepared to wait pays off in the end. Technical analysis helps but is not the sole criteria as it always seem to come down to being in the right place at the right time. To that end I did not get greedy but developed a spread of shares that somehow seemed to work. My original instructions were gained from The Financial Times who used to give regular advice on how companies were doing and also suggesting methods of producing portfolios and how to profit. Unfortunately they no longer perform that service and the gap appears to be filled with individuals claiming that they have a horse, poor form! I have tried to be constructive and hope my piece helps. Able!
I can see that you do not know the difference between boasting and keeping your feet on the ground. To start with I do not boast and, basically I intend to maybe buy at just under 50p if possible as it seems the company still has some way to go. The beauty is I do not need to buy them at all as I already have enough of them. However, I have the interest of setting my daughter up as I am on a very short timeline suffering from an incurable disease and, as I have been robbed of all my other interests through health this is the one hobby that I can enjoy, as my brain cells have not as yet gone dead on me.
Max what can I say? You have produced an excellent analysis of all three companies and all that I can say is I stick (as in cards)noting that you took an unbiased approach. I take it that your lecturing ability came to the fore as it is so unusual to see a sound piece of logic. Your student Able!
Dear Max! Unfortunately we are caught up in the aftermath of expectancy concerning the Chinese contracts that did not turn out as we had hoped. We now have to await the passage of time while the company grinds things out. Lets face it the company has progressed since inception and we all surely know how long it can take before achieving a major order or market break through. I sold the majority of my shares at the much higher prices quite simply because I felt investors had got carried away. If I am still here when good news arrives, I hope to pick them up at around 50p and, it may be of interest to note that this is the way I have mainly achieved the best results by quietly adding to my holdings when investors have begun to lose interest and the share price falls. The problem with stand alone companies is and always has been finance that can and do hold them back. Yours Able.
Max! A teaser for you. The prospects for T.P.G look excellent and the share price to date has been going nowhere. The share price of I.T.M Power has seemingly taken off without justification. The share price of Versarien appears to be struggling and all these companies at a glance appear to have huge potential. With your wise head we need some rational explanation to explain events and, you seem the right sort of person to sort the mysteries out. I look forward to deciphering your logic. Best of luck Able!
For my money substantial moves occurred just before the placing and has since continued suggesting that there has been developments within the company that has yet to be announced. I have been a shareholder since the days £1 plus a share and then falling to less than 10p. What I am driving at is the fact that the trading pattern changed drastically since just before the placing and has since continued and has not been the case any time before. Who knows what?
Unfortunately the Chinese like Japan have, or had a terrible record in milking technology (I.P) and, if one takes notice of Versarien's submissions this area has been a key focus for them. Even to this day in a number of cases we are hearing about, they would not be acceptable in this country. This I think has been a stumbling block in negotiations and I do not possess the answers. Other than that, a merry Christmas and new year to everyone. Able
Max! I have no argument with the way in which way you put things as I find them very descriptive and accurate, believe it or not is a very sound way of organising investments as one receives early warning signs on whether problems are likely to arise or, an early stage investment is in ones interest. It may interest you to know that my first investment in Versarien was at approx 34p and realising later on I had paid too much, I very quickly bought 4 times the original amount at approx 12p and soon sold the lot for 27p. Later on I then bought a load at 16p and then held until I sold 66% of the holding with the remainder locked away until the company can demonstrate that they are moving forward. You may not realise what you have written, but it is a similar method to successful investing and, believe it or not is why I shifted most of the proceeds into gold mining shares and I have not mentioned them as others believe it is ramping. It is always a pleasure in reading your reassuring words of wisdom. Best wishes for the Christmas period and the New Year. ABLE.
Luckyorange! I do not make things up as you put it, I simply look at the cash drain and mathematically extrapolate the what ifs and then quite simply look at the cash requirements should the company land the sort of orders that we all desire. It is no different too the way the big institutions work through their analysts. Of course the figures can prove to be incorrect but, it must be considered wise to err on the safe side. I will therefore not apologise for what you consider misleading statements. Just like you I hope the company does well however, I shall not be adding to my portfolio just yet until I see signs of the dramatic break through bearing into mind that I sold a number of shares way above the current price and, in your book I do not know what I am talking about. Yous Able.
Max! when I refer to proof of concept, I am referring to the major companies that are interested in the product but also that it is suitable for their requirements and, that the savings achieved will justify the cost of changes to production, if any. It is all very well stating the advantages of graphine however, if it was that simple the company would have landed large contracts with majors some time ago. Testing and verification comes with a cost and that is consuming the cash. If things were that simple the share price would be way above the previous highs as the demand would be so high. Me, I prefer to keep my feet on the ground and as I am not greedy, I am quite prepared to sit and await events to unfold. Yours Able!
My take on the results is, there will be a placing(maybe similar to the recent I.T.M Power) that will have a dilutionary effect unless N.R. can wave his magic wand and capture that elusive contract pretty soon. Either way I think the placing will be necessary as the rate of cash burn has turned upwards due to proving the proof of concept in order to capture that elusive order.
Luckyorange! I have not sold out and, as yet I have no reason to, I just like to keep my feet on the ground and, just out of interest it looks as though things are about to come to a head between T.W and Neil and I think the results tomorrow will determine who is correct. The main interest for me is to determine when and whether to once again add to my purchases or not. Believe it or not I did state on here my intention some time ago to repurchase the shares at a much lower price. The results when announced should help to determine the share price going forward. Able!
There most certainly seems to be a strong undercurrent supporting the share price with a very bullish C.E.O. I first invested in these at too high a price and, fortunately I also reinvested at what was regarded a high risk level because I felt the fundamentals supported my beliefs. It just demonstrates that the investor must take calculated risks to achieve best results. Where do we go from here? I have my suspicions and, a lot of it depends on E.Z and the Tanzanian Government who are on good terms.
Wanaka! Quite simply put, the information supplied to date by the company is insufficient to fill investors with sufficient optimism to keep a higher share price and therefore, you will experience weak shareholders and investors who think they are picking up bargains. It is now up to the company to come up with better than expected results. Unfortunately, generally speaking the weakness in the share price just ahead of it's results is not good because the market usually gets wind of something special and so far it is not impressed and, set agains't the present torrid conditions of the market makes things much more difficult to understand. For the reasons stated above is the reasons why so many of us never make it big time. Able!