Member Info for Bananaman2

You are probably right. I just get the sense that people will be looking for this sort of hedge. Its a regular and growing income of with an appreciating value of sales.

Just bought 50k and 10k on spread to balance out my portfolio of renewables (green tech) and gold mining.

Can't say I am fully understanding of BTC and Crypto but the actual business from what I can see is growing rapidly and will not be affected by COVID only the price of BTC. which I believe will rise as a hedge against economic down turn.

Anyway. I am in

I apologise, I misread the 'Interim' as an 'Annual'. So the TO for 2020 is likely to be around £24m. The business is currently making a profit before tax and the biggest out going is power ?

I remember watching BTC in 2017 from around $400 rise towards $20000. Does seem to be more stable today. But that is not my point. I have taken a small position but very tempted to build this with my remaining spare capital. My concern is that it is out of my comfort zone in respect to my understanding of mining bitcoins. It does look like a great business which is generating income and turning a profit. It does not seem to have raised capital for a while either. Do they reinvest income to by further machines ?

What is the catch ? why is this not more highly valued ?

Some great figures in the monthly report. So I gather October will be better than September due to a higher BTC price and no down time.

What is not to like here ? am I missing something ? seems like the perfect hedge against the current economic uncertainty.

Renewables, Gold, Crypto's

So how closely correlated is the ARB MCap/SP to the BTC price. I notice that BTC is very volatile, does ARB provide some stability to the volatility but monthly income obviously dependent on the price of BTC.

Seems the September figures of £1.1m is still better than the monthly average for the previous year. Looks good. Why is the company only valued at less than £20m ?

I can't say that I fully understand bitcoin but I have been drawn to this company as a bit of a safety net and hedge against the current economic climate. I like the fact that they have machines churning away all day everyday generating and income which will not be affected by COVID.

This does need more elevated coverage. Unfortunately when you #ark on twitter you get a load of old tosh about a game or something ?

Arkle has the potential to multibag from these levels. The lack of comms does not help. What can you do? 4 trades so far today. Investors not happy to sell but last week happy to buy at a higher price last week.

35 x current SP. I guess that's equal to a £1bn MCap. RR has always stated that he intends to grow VDTK into a world class organisation. An MCap like that would certainly demonstrate that achievement.

I think we should be happy with double figures for now and a little closer towards previous highs by Christmas.

Just get the feeling that COVID is holding back the markets without any thought to sectors or where there is value. Unfortunately there is nothing we can do about that right now. VDTK may have just positioned themselves well to weather the storm.

I think raising later or early next year may have been more of a problem. Sounds like our II are in for the long term. Thats great news, I believe the requirement for institutional investment was only mentioned this morning. Well there we have it. Another piece to the jigsaw.

Well thats encouraging. It will provide some stability to the SP and perhaps encourage other IIs to invest and build a stake. If their quick they can still buy around the placing price.

Waterh93. Thanks, I will take a look. Need something with a little stability.

Not worth discussing really. Facts and opinions will vary. Doesnt mean I care less.

Already shuffled. I have a couple of pieces of 5hit which need to be removed, about 15% cash and likely to increase to 30% in my ISA PF. Riding out current movements on my well researched holdings.

Not touching AFC, EQT, VDTK, CGNR

Thinking of trimming PHE and SAE. Don't know why I invested in PHE at 3.5p. Have never been a fan but felt it was a hedge to EQT. EQT in my opinion are miles in front. SAE are unlikely to get a permit this year for Uskmouth but they do have the tidal side which underpins the business.

Will probably trim some exploration companies once any up coming announcements are made and the SP reacts accordingly. Good or bad they will be trimmed.

What do you do with the rest of your savings these days ? Anyone got any good ideas ? Cash in the bank is not doing anything and investing is hogh risk. What is worth considering for low to medium risk considering the current situation.

Any opinions will not be treated as advise !

Market drop overkill. No thought to where the drop should be applied. Perhaps those stocks with limited to no value at their frothy valuations. That would not include KAT at around £6m MCap and the potential to have an operating mine within 24 months. Thinking of adding a few at this level

Then remove the US military personnel and get on with installing the gasifiers.

Who are Greg and Sandy ? sounds like the cast of Grease !

dismal performance all round. Not sure why the market is picking on this sector. Too much to offer economically. New jobs, focus on climate change, commercial product without subsidies. None of it makes sense. Only having about 20% of my 'capital' in stocks and shares it doesn't really hurt in the grand scheme of things. When the governments wake up and realise the damage they have done with the poor handling of COVID 19 and start printing money it really needs to go to businesses with a strong emphasis on sustainability, creating jobs, revenues and tackling climate change. Not suggesting that this is the only sector that should benefit but the world economy is in tatters as will be the global climate if it is not addressed. Seems like a good way of stimulating the economies across the world whilst tackling the effects of carbon emission and producing low carbon low cost energy.

It pi55es me off to see the erosion of market values of companies that have been working hard throughout the pandemic but at the same time moved ever closer to profitability. If COVID hadn't caused such hysterical behaviour of people then it would have been forgotten now. The only reason we are increasing in deaths, cases and hospitalisation is because we are looking for it. There are actually no more death at this point than in any other year and we are certainly a long way from March/April figures.

Well, I guess its time to lock this away and let it take its course and wait for something positive to happen in the world. If anyone knows where we can find this positivity let me know !

SnipVW. I disagree that commission only sales people are not motivated to sell the product. If I was commission only I would be more motivated to sell than if I was base plus commission. Providing the commission structure is good it is highly motivating for a good sales person.

Daz, thats what I was trying to say. This is not AB making saying this, it is an endorsement from Mr Agag and Lewis Hamilton for Extreme E. Thats the difference now. AFC are not blowing their own trumpet !

This will not affect construction and lab testing. These businesses will remain open as they did through the initial lockdown. They have all adapted risk assessments and method statements to reduce the risk of infection whilst maintaining current working methods.

I do not expect a delay in any such works over what is already factored in. Life has to go on, we cannot shut everything down and most have been getting on with it without any issues. COVID has a bigger effect on this in a social setting hence the shut down of bars, cafes and restaurants where public will not stick to the rules.

This is a great sign that things are good at AFC. Extreme E is very high profile. This is higher profile than anything ITM or CWR have currently. This will be shown to an audience of 100s millions of people. Failure of the tech is not an option and Extreme E will have done their due diligence on this.

DAZ9643, that is very unfortunate and I don't think I would invest again if that happened to me. But all I can say is that on this occasion we are in the hands of AFC and their silent ability to deliver. We should be thankful that Extreme E are impressed by the tech as will Acciona be.

Keep the faith LTHs, AFC are almost across the bridge.

Not just yet ? This sector will see significant growth and AFC, ITM and CWR as mentioned will be playing a major part in that growth. I would say right now not just yet. Whenever 'not just yet' is will be too late to benefit from investing in these companies as they will already be worth much more. Some may argue that ITM and CWR are already worth significantly more than AFC and now is AFCs time to close the disparity gap (NOTE : add a little before being criticised for suggesting AFC should be worth £1.3bn)

I get the sense that Red-Hornet is short AFC. Why whinge about todays RNS and endorsement of the technology.

I havent said the MCap should be as high as ITM. What I said was it should correct based on the disparity. ITM value is not based on PE is it? Its based on the technology and IP and its acceptance. AFC are now being accepted in multiple fields such as EV charging, diesel power generation and static power for micro grid applications.

OK red-hornet. Let's just look at the negatives side shall we. I bet your a joy to be around a Christmas.