RE: Any idea what it is going on?16 Jul 2021 21:26
No idea and i am as disappointed as you are. I am a long term holder, firm believer in the co , keep adding to lower my average and yet on no bad news the sp keeps falling.
Most worrying though is the fact that imo , the co has such a low market value that it could become a very tempting TO target at a very low price and then us long term holders will loose our shirts !!!!
Thats not correct, the sp has been pretty stable with a max variation of 25 to 30 p up or down for weeks now.
Generally KLR is considered one of the safest shares to own with a very good dividend yield and is considered an income not growth share. But i also think that at the 775 level it would be worth adding again with a 900 target.
What strength, the sp has been nothing but pure disappointment , has not gone over the 450 mark . I keep adding too to lower my average and because i believe in the co's future but i hope we wont all regret it.
I have been a holder in RCDO for a long time , always believing that the business model is very correct, the co has very little debt and that the green energy industry in which the co has a more and more prominent position in r and d , has so much potential.
The sp though has been nothing more than a huge disappoitment coming down all the time.
I am still adding though as i believe it will sooner or later show its true potential.
My biggest worry short term though is that the co is so much undervalued that it could become a TO target but the prospective buyer could snap up the co at a very low price.That would leave us long term holders of the sp nursing huge losses .
Another very good sign is that the daily trading volume of the stock has gone up x 3 and 4 which means that a lot more people and entities are investing in theco.
PS I have to add though that customer services from both RCDO and Newgate which is the investor relations co is shambolic. For more than a year now i have requested they update the major shareholder list which is very useful for us to know and neither have even bothered to reply.
No the co has been working with US military for a while now. This is still way undervalued, the more exposure the co gets in the EV and Hydrogen , the higher the sp should go ! Will it though as so far the sp's performance has been very disappointing. I am still adding at this level .
RE: Ricardo to invest £2.5 million in a new hydrogen testing facility11 Feb 2021 15:13
Although the volume traded remains small, the sp seems to be in a positive momentum and the recent news good news about the hydrogen tech in which RCDO seems to be involved more and more , should keep it this way. We could do with more volume and a big player in the hydrogen industry getting involved with RCDO.
It is commendable that you have always been very positive about the prospects of the co, but the fact is that the sp has hardly ever reached the poor level of 30p and when it did , it quickly came down again. .Regarding the machinations you are on about the II's holding the price down etc, ultimately we as investors would like to make £ on this investment . And no matter what you say, it does not look like it. To go back to the 30 level , the sp would have to go up 20% which i very much doubt , its much more likely it will go back to 20 p. Utter waste of money this has been !!!
RE: Ricardo wins funding to improve efficiency of EVs14 Jan 2021 20:28
Yes i agree with you , disappointing the co has not come with a RNS re the joint venture with AFC but lets see what happens in the next few days. However the flurry of good news about RCDO involved more and more in the 2 industries that are red hot for investors right now, EV's and Hydrogen , should push the sp to much higher levels where is should be anyway !!!
Great piece in the business section of the Telegraph today with the ceo Mathios Rigas. I fear we missed the boat here as the sp has made huge gains recently. But of course the long term prospects are very good , the price of gas is going through the roof and above all , although this is a Greek owned company, its main asset , gas , is in Israely waters. So a very politically sensitive investment but then again , Jewsish business 's know how to make money, even in dodgy ways !!!!!!
Yes i wonder why too ? This co has and is so much undervalued, i always maintained it is the automotive high perf sector that is dragging the group down. Lets hope they get more and more involved in the hydrogen market where the growth is expected to be phenomenal.
Some of the valuations of the major players in the hydrogen industry in the Uk defy all logic re financial parameters like sales, profit/loss , basic stuff really .But then again , some massive entities like, Linde, Bosch, EDF, Weichai, Snam , the Norwegian sovereigh fund and more are major holders in these co's along with super wealthy individual investors .
What RCDO needs is for a big industrial name or a very astute individual investor to accumulate a big stake like more than 10% , that will really make a difference
Rcdo produces gear boxes for Mc Laren and generally the high perf car market they are in , is dragging the rest of the company down which has been doing reasonably well. They did do a £50 mil placing recently which i was very surprised with but overall the co is in rude health with very little debt. The sp's performance is very poor considering RCDO have one of the best RD reputation in the high flying hydrogen industry !!! Very disappointing indded !!!
Well overall RCDO is a very solid company , involved in very promising industries except the high performance automotive which is dragging the rest of the group down and should be sold !! All the recent results have been fairly to really good considering the very challenging times we are going through,and yet the sp is at very low levels and doesnt seem to want to recover.
RCDO seems to be very much involved in the highly promising hydrogen market and is currently building what is supposed to be the biggest in the UK R and D center for the hydrogen tech. However considering what huge gains other companies in the hydrogen market have made (their sp i mean ), rcsdo's has not even blinked !! Very disappointing i totally agree .