Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Just in case anyone is considering listening to Teddy, he’s had a cracking October, and still another week and half to go! A selection of his wisdom from this month….
16.10.20 “@Sunsurfer. I have only invested in two shares, IAG and BP”
16.10.20 “Big Oil Is finished, there’s nowt to be made in BP unless it drops to 150p”
12.10.20 “NEX will Prosper in a Covid world which is why 90% of my portfolio is in NEX”
03.10.20 “Money to be made from BP at 200p a share believe me”
China vaccine is a sideshow. People will wait for FDA,EU or WHO clearance
Pfizer says it will seek approval for emergency authorisation third week of November. Moderna and AZ are working to the same timelines. 85% of vaccine trials which reach phase three go on to approval. Odds are in favour of one getting through before end of 2020. If not, then there's still another 8 currently in Phase 3 trails for Q1 2021.
NHS is actively planning for roll out start of December of vulnerable groups/NHS staff (see Triumph and ambush).
Hundreds of millions of of doses already purchased and produced at risk by governments all around the world. Once vulnerable groups vaccinated health systems are unlikely to be overwhelmed, vast majority of healthy people are barely affected by Covid. It will quickly change to a manageable disease.
2nd generation vaccines will likely be even more effective
Governments cannot afford to carry on like this, all of this is obviously a temporary solution. People will not tolerate living like this indefinitely. It is not a natural state to be locked down with liberties suspended. Travel is a large part of many peoples lives.
IAG are not going to call back-to-back RIs. The RI was to ensure liquidity through a prolonged downturn. I'm sure that would cover the remaining of 2020. You'd have to quite damaged to think it didn't.
The worst in terms of SP will be over by December. It will lift on vaccine news. I believe throughout 2021 we will see a slow, gradual return to the lives we knew.
I would credit WAM with the 250p to 80p, it was an impressive call. Happy to admit it was quite insightful, with reasonable arguments. In fact your China comment about reverse engineering tech is also correct, RR spends significant time trying to prevent its intellectual property being stolen, and China is seen as a hostile actor. The car industry also has issues in this area.
But Rick Teddy Paddy and Castle are unreal. I've read arguments such as IIs panic selling/halving SP on Oct 7th,Vaccines only in 14 years, investment amnesia, and now randoms in rugby clubs plucking numbers out of thin air. I will admit the trolling on this board has been mildly irritating, but there's very likely only a month left of it.
I don't normally do sarcasm but I'm finding some of teddys arguements mindblowing.
It's arguably 30 seconds work to sell and save 2k if you geneuinely believe what your saying. Maybe he is exceptionally wealthy, 2k is meaningless and it wouldn't be worth his time, but even the very wealthy don't torch their money for no reason at all.
I do remember him/others believing Oct 7th would be a massive sell off to 75p due to spooked IIs and PIs.
Its odd he's completely forgot about NEX, particularly when your 20% up.
Incocnsitencies starting to add up.
Probably has 2 million in NEX, but it's a small amount so doesn't count it as an investment
Teddy if you have 10k IAG, why not sell first thing tomorrow and buy back at 75p? You'd save yourself 20%. Seems odd
"Nex is not a travel company, they provide essential travel...... those who require essential travel"
Sorry teddy you must see that's a little humorous, otherwise I agree with you. Nex will do well. Although significant earnings are in spain which is as just as bad as the UK, so it too will experience volatility in the near term.
Well maybe we aren't so far apart but at least consider this; fauci WHO and vallance expect a vaccine early next year. Countries have ordered hundreds of millions of doses. Would they really do this is it was years away, or 2038 as castle suggested. I'm 10% down IAG, 20% up on nex, and I'm very confident medium term these well do very well.
Good grief castle all he said was he's invested today. Hes not even called out any of your arguements. Im sure he's not only just heard of covid or the past rights issue. Although what bearing the RI has on the future price I'm not sure, unless your still using paddys Oct 7th arguement.
Good luck to you figtreeharry
Teddy,
I'm suprised your so negative on a vaccine, it would help NEX to, which I'm also in and hope to that it does well.
Just to help you with your SARS-CoV 1 arguement
It killed 700 people since 2002 and is largely gone. Why would you go through expense to develop a vaccine for that? It's not they couldn't, it's just there is abo****ely no point.
You do realise the WHO expects mass vaccination middle of next year. And they will be ultra cautious with their time scales so not to get people's hopes up. It's coming im afraid and emergency authorisation for at risk groups is all but nailed on before the years out.
I get you all might want an extra 10% and good luck to you. But willing a vaccine to failure, and the economic and health ruin it brings, really does say something about you guys. Some things should mean abit more to you than money.
The NHS trust i work for has told us the vaccine is bring rolled out the end of November. The papers have already started leaking these plans. The trust are pushing the flu vaccine partly because ideally there should be 4 weeks between the flu and covid Vax.
Id be very suprised at an announcement in October, but I agree that by the middle of next month a vaccine will have been announced, and you will need to be in this share or the other travel/ leisure stocks by then.
It's certainly worth considering downside scenarios...Not the daft ones like Ricks RI halfing the SP, or teddy and and paddys forecast of terrified IIs and PIs dumping all their shares on Oct 7th.
For me the biggest concern is America and the rise in anti-vax sentiment. Even in the UK its rising. Anti-vax was used to be restricted to flat earth type of people, but now its more widespread. Its plausable that say only 50% of people take it, coupled with a vaccine only 50-70% efficacy would still result in healthcare strain, which would cause travel between Europe and America (a good % of IAG profits) taking a prolonged time to return. No travel corridors with high hospitalization rates. Although a "negative covid test/vaccine travel passport " i think will likely be introduced for the next couple years.
You guys might enjoy seeing family and doing business over Skype, but for the majority this change in behaviour was forced by governments and was not an organic natural change.
I'm willing to bet, and have, that things will gradually return to normal, and in time probably surpass it.
Wasu,
You probably misunderstood what I was saying, it was more a light-hearted taunt at paddy and teddy who had advised to sell and buy back cheaper. I have never thought 75p, if I did I wouldn't be averaging 1.20!
Just enjoying a few good days, the last couple months has made me go quite grey-im also in RR !
Have PIs and IIs got their extra shares yet to panic sell? Paddy and Teddy advised 75p once issued ;)
Seriously though I'm still waiting on mine, come on Barclays. I'm nearly in danger of breaking even without them at this rate
Thank you for the advice. Ill wait for tomorrow for 75p then, for a minute I was concerned all the IIs and PIs weren't going to mass dump their shares. Your right 75p will certainly be a lower entry than me.
So I logged in today excited to buy my shares anywhere from 45-70p like paddy teddy and Rick advised.
Apparently all the pis and IIs were going to on en mass dump their RIs shares today.
What happened?
45p though!!! Amazing. Why would anyone have bought a single share the last few weeks if it simply halfs tomorrow!?!Absolutely mindblowing logic.
To roydon and the other LTHs. Well done on holding your nerve and thank you for posting and keeping others with some persepctive and hope. I'm invested well above 2 pounds and held all the way down to a pound. Admittedly I was questioning myself last thursday. I was thousadns down. If i had listened to the majority on this board I'd have crumbled. It seemed every day casa was right.
But I shouldn't have worried. The world will be flying again next year. I suspect the volume will be massive people aren't naturally locked up. Vaccine news is weeks away. Even an overweight 74 year old trump walks away after 3 days saying what's the fuss. The worst is nearly over.
RR is a world class company, that can make miniaturized nuclear reactors to wide body engines. Some of the most difficult complex things on the planet. 10% the value of Ocado??Give me a break.
I'm also pleased for the employees. I know people who work there and the morale has been rock bottom. Brilliant clever people who have been taken to the brink by the virus. But they will return and it's clear investors are starting to see that.
Buying in today, I'm sure you'll be fine in 2022 at the pub, so long as your out by 10pm
It looks like I'll be in until 2032 at this rate
Rick I admire your positivity, but talk of a dividend at 10% with the bank balance shot to pieces is nearly as funny as my investment is sad.
10+ year horizon your 1.03.avg should be ok. I still think they can't go bust. They make propulsion for trident submarines, its hard to imagine the government not supporting them
But then what do I know, I'm nearly 50% down right now. A painful day. Should have listened to toff casa WAM et al, they consistently call it right.