Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
I have been impressed with WAM on this board. He made the call of 80p and he/she virtually hit it. I didn't think it would get there.
But surely SP is more or less at the floor now, and there is value here. The logic of October 7th all small PIs will sell their shares en masse because they thought a RI would make them rich, crashing the SP, is a real stretch of the imagination paddy. People who have made enough money to invest in significant amounts surely wouldn't be that stupid.
It may drop a little, but this must be the worse time to sell. AZ rolling assessment by European regulators of their vaccine and rapid testing starying at Heathrow, potentially opening up some routes to america, will surely have some upward pressure in the next couple week's.
Far better really for casa if he's a little nervous to wait until it's sorted.
Frankly if I could have the time again that's what I would do, would be less stressful.
Thank you for poitning that out. I get RR credit rating is junk. If everything was fine, then we wouldn't be at 1.30 right now.
My point was if you can't invest now because it's to risky, the logic of investing when it's twice as bad seems strange. For RR to get to 70p and below the company would be absolutely on the brink, anyone pumping serious money in at that stage would be extremley brave.
But for it to get to 70p RR would be virtually finished, with covid zombies and whitty as prime minister . Why buy then? You make it sound like it's total junk now, so when it's twice as bad as now, then you would buy? If your so risk adverse come in at 2.50 when everything has been sorted.
I'm invested at a much higher amount.
I'm holding as I still believe in the company, and that people will fly again.
I cannot seem to find an easy answer to this question. What happens to shareholders if a company is nationalised? Do I have to look at RBS/Natwest for my answer?
I bought in a very long time ago, way above this price. Should have sold earlier but believed in the company, their ability and what they do. Friends and family work there...and they are some of the smartest people i know.
I got this investment wrong, and i never thought we would sacrifice everything on the altar of a disease that has a 99.5% survival rate. Most people don't even know if they have it. If they dont change to a policy of prioritising the vulnerable and the rest carrying on, the country will never recover from boris, vallance and whittys all must stop approach.
I will probably hold for now, I think the remaining thread of hope left for shareholders is AZ Pfizer and Moderna, who should have results available mid to late October.
10p entry price??? Incredible. Anyone buying in at that point would need gigantic stones, RR would be worth about the same as ted baker.
Apologies i presume you have ftse 100 etf, that may well prove a wise decision. Calling everyone who doesn't a Muppet then calling for calm is a little ironic mind
Grayling do you really have a >100 holdings portoflio? Congratulations that really is diversification. I'm not sure I know anybody quite like you with that investment strategy.
https://www.bloomberg.com/news/articles/2020-09-22/pfizer-s-covid-vaccine-trial-plan-may-beat-rivals-to-early-look
It could take some stones to wait until Oct 7th to buy in for the ride back up. Bloomberg are reporting that analysts say Pfizer could have enough data any day from Sep 27th onwards.
With cases rising everywhere it's actually accelerating how quickly vaccine companies are arriving at the numbers required for statistically significant results. AZ and moderna are not far behind and are likely to report in October.
I see. It would seem a little reckless to do that but i shall take your word it.
Why would it be in the underwriters interest to en masse dump their shares on Oct 7th, driving their own sale price down? Would it not be better to hold for a couple weeks for vaccine news?
Shareholders have kindly been offered an avalanche of advice from shorters to sell over the last few months. They have been right, I was wrong and have paid more than i needed to for my shares.
I feel I should return the favour. You may make another 10% or so in the next week, possibly two. However i would make sure those short positions are closed by early October because it will be the month the US/UK/WHO announce vaccine approval, and even if only emergency for the vulnerable, there will be a wall of money flying at this share
https://www.bloomberg.com/news/articles/2020-09-22/pfizer-s-covid-vaccine-trial-plan-may-beat-rivals-to-early-look
Could be a brave short. Above bloomberg say analysts think Pfizer could have enough data any day from Sep 27th to apply for emergency vaccine authorisation.
The second wave is grinding the RR SP down, although ironically it means the data points required by vaccine companies are reached much quicker, shortening LTHs pain. AZ and moderna only need 75 and 53 cases to occur, and pfizer say as little as 32 for staistically significant results.
WAM, I’ve been following the IAG board, and your 75p prediction has me nervous due to your record of correctly calling SPs on there. I’ve enough invested here and at a price that would make 75p very painful for me, so now considering selling
Before I do, I hope you or maybe even other regulars on this board could help me with a couple points
The reason I bought here is it’s not simply civil aerospace, its only 50% of revenue which is only 50% down and imoroiving. Why does the market see no value in the nuclear/defence/power systems business? They make some of the most complex equipment on earth. Most countries let alone companies could not replicate this. Such as their nuclear PWR, miniaturized reactors and US military engine tech.
Civil aerospace seems to now be priced in such a way to make it worthless. Does the market see no scope for demand improvement? The Trent engines issues have been largely resolved with fleets grounded, and there is innovation with Ultrafan technology. All this within an economic moat which involves only general electric as competition.
If the company cannot go bust as the UK government wouldn’t allow it, surely there must be a price before 75p in which somebody would step in, that would price it at a mcap of just over a billion.
Forgive me for these questions before I sell, as the market clearly believes me to be wrong. I presume the answer is to do with ongoing R&D costs and debt, but I struggle to see how all negatives can be priced in without any positives. And after all there is a Vaccine just round the corner.