Adam Davidson, CEO of Trident Royalties, discusses offtake milestones and catalysts to boost FY24. Watch the video here.
This is either cheap as chips or going bust and I'm not sure which . The update with the results sounded pretty sensible but there is a lot of selling pressure . The ladies have to have their tissues soft as possible so the demand will always be there and judging by the way my wife goes through T rolls that's not going to abate any time soon . I was going to buy some more but I think I shall wait for the turn if it comes otherwise it's another lesson learned .
I like "pick & shovel" plays ie. Diploma which has served me well over the years as a buy and hold forever investment . I've been thinking about Bitcoin for ages without buying any because frankly I don't understand blockchain in spite of reading reams on the subject so from my point of view this is a speculative punt on the future . So just a few grand for now and maybe a few more on the dips because it does wang about a bit . Thanks for your post Pedrobull lots of useful info there.
You seem to be missing the point either the IP is worth trillions or they are giving it away . As for 20 Billion in credit that's total nonsense they are currently 10 billion in debt. You need to do some research . Incidentally I'm seeing electric cars on the road every day now and they are not Teslas .
The Chinese have probably stolen all this IP by now and the bomb is about to blow a hole in the floor for the share price to fall through . For this company to be valued at six times Mercedes-Benz is plainly ridiculous , you guys need to wake up and smell the coffee!
If you're lucky the share price might be the same in 9 years time and good luck with any dividends in the meantime. Every other manufacturer in the world is churning out electric cars with similar "tech" apart from the farting of course and there is nothing special about solar panels and battery storage.
It's the valuation I can't understand $805,000,000,000 if they sell 1,000,000 cars this year that's $805,000 per car with maybe an average selling price of $50,000 and barely making any profit at that if you ignore the subsidy from other manufacturers . It's a cult !
It's never wrong to take a profit but I always find it much hader to sell than buy , but when any share starts to look look like an elephant in your portfolio it's time to trim it back . I really must remember to take my own advice sometimes !
Electric cars are becoming like washing machines ie boring. At least other makers can put their cars together properly so that the panels fit! The share price will crash it's not a case of if but when but you can enjoy the ride while it lasts ! Good luck.
The only date I can find for the final results is 24th September which seems a long way off . These seem cheap but with AIM you never know if there is a nasty surprise round the corner. Does anybody have consensus figures for full year 2019 ?