Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
When those totally brain-washed right wing media believers suggest things could be anywhere near worse than the utter bunch of clowns that are the Tories have been. Totally deluded, but each to their own, I suppose.
Meanwhile, watching this share do nothing and not looking like it's going too, is thoroughly depressing.
Lew, let me re-prase it for you then.
I'm confident sub 10 is coming because nody is buying at this price. 20p? Bring it on, as I'll be doubling my money.
I've got a boatload at just over 10p, that I'm clinging tightly to and like to play a few quid on the side, where I've done very nicely thank you.
And the reason some people are so negative is because they've seen how poor this company has performed re it's results.
Fwiw, I'm reasonably confident the results will be good. They ought to be, because the last quarter was really poor. And that's not negative, just realistic
What's all this Pelican talk? You have to laugh, I suppose.
I won't be joining any Telegram group because I don't do Telegram or any similar stuff. Much more suited for kids, imo.
Anyway, anybody want to bet how low it's going this time? Sub 7 looks likely, whereon I'll buy some more.
Oops, does that comment mean my invite has been rescinded, because I've dared to be realistic?
Like I said, you have to laugh. There's some serious straw clutching going on on this board, imo.
Rus, your shares will most likely be held in a nominee account by your broker, hence HUM won't have a clue who you are.
AJBell hold mine and gave me instructions ages ago.
It's your broker you ought to be complaining too if they've not informed you and my money is that you have been informed but have somehow missed the mail.
"Every time a dividend is announced / paid the value of the business is devalued by that amount."
Well, yes, but it's only come out of profits that have been made. And if they haven't paid out all of the profit, the fundamental value of the company will have still increased and you'll have made money out of that dividend.
It makes sense to me that some might say it's possibly better to take that money than see a sp price rise by 30% only to be wiped out in a crash?
That previous point about the UK only being 4% of the global economy is very similar to what I've read and the advice has been that for true diversity, that's about all a PF should contain. I think the figure for the US was about 57% at the time.
What was it Buffett said about just buying a S&P tracker and not touching it, ever? I suspect he's probably right to an extent.
30% in a S&P trackerand 70% in a global tracker would probably work very well over time. Particularly in my case, where I'm so unlucky I can't think of a single investment where I've profitted by holding it for years. I seem to do way better by short term trading things.
That said, I did recently buy Fidelity world index, a Vanguard FTSE tracker and have a couple of funds which contain the "magnificent 7" US companies. FWIW, my favourite bet atm is Jupiter India. Oh and goldies.
David, this site is often wrong in some form and it's often around the trades. And you're always negative :-)
Yep, you were wrong to invest here, as was I. The problem is you're still looking at it as a long term investment, whereas I now look at it from a trading POV. In fact, after selling some at 10.6 last week, I'm looking to replace them at a lower price, bringing my average down even more from it's current 10.05.
Consider I first bought in here at 35.6p on 9/9/20
As for being a prat for putting more money in, I'm going to say that 10p is pretty much a floor price now because of that placing and I'm extremely confident I'll make plenty of money here.
While there is downside if a bad RNS comes out, it will only be temporary. Let's consider it might fall to 7p at a worst case.
But the upside is bigger and a good RNS could easily see this back to 20p, even if it's short term.
So 30% down, 100% up. I like those numbers.
And if it does fall to those sort of numbers, I'll be filling my boots :-)
And if your 16p is only a punt, I really don't understand why you wouldn't be doubling it at this price. You'd then average 13p, which will come round at sometime, imo.
But each to their own I suppose.
"If the S&P "corrects" one way how can the FTSE 100 "correct" in the other direction?"
It's not about it correcting the other way.
It's more about if there was a crash, you'd expect the UK to suffer, but not as bad and not as fast. Hence you'd have more of a chance of bailing.
I totally agree with you. The US looks a better bet. For now.
You asked why we don't all move and I've suggested the answer. And that's before we talk of diversification, people preferring and knowing more about their own country/market and the true state of the US economy.
The US market is way, way over-priced historically.
The UK market is way, way under-priced historically.
There WILL be a major correction some time, most likely beginning in the US, which will happen faster and is more likely to be a lot deeper.
That's why we don't sell the UK and pile it all into the US.
IMO.
David, only someone with such a negative outlook would say that. It was Investing. com, backed up by the London stock exchange site.
Meanwhile, did you buy a few trading shares when it plummeted? You should have, if you've learned anything about this company.
Gary, you're looking at one right here. Given that an accepted value of 14/1 is a fair value P/E and the lower, the better, LGEN sits at 6.5 according to the top of the page. Historically this is very cheap. And there are loads of them.
As for which will be sold, that's guesswork. I'd like to see ITV bought out, but I doubt it will happen.
I very much doubt they know anything.
It's much more likly that they just know that it WILL happen. Most likely their thinking is that it will happen in 2024 and that will be good enough. We want it to happen in Q1, but we're impatient PIs.
The timeline is not the priority, although, obviously, the sooner the better.
The end result is what's important and they're obviously very sure they'll get it.