The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
P/S ratio lol. The future’s bright.
“Since its price has surged higher, given around half the companies in the United Kingdom's Electrical industry have price-to-sales ratios (or "P/S") below 2.4x, you may consider Ceres Power Holdings as a stock to avoid entirely with its 19.9x P/S ratio. Although, it's not wise to just take the P/S at face value as there may be an explanation why it's so lofty.”
https://stocks.apple.com/APTgOoRtuShG42oXuAZKc1g
Crikey, I didn’t realise how much tosh I had to scrawl through on here since it bounced from 1p. The filter option I’ve always avoided as I usually enjoy hearing the good, the bad and the ugly but I know why I invested here and don’t need the noise from lonely keyboard clowns. Should’ve used it years ago.
LivintheDream I can’t see a mass roll out anytime soon for fleet/private car use but for 43t trucks it’s perfect. Several well known supermarkets here in the uk are investing heavily for both economic and seen-to-be-green reasons. The manufacturers have huge government backing plus EU green scheme funding.
The trucks already have a 700m range even in early stages of development and the refuel points will be at the distribution depots dotted around the country and may even offer a share scheme so no problems there.
We’ve been asked to build 10,000 trucks per year rising to 20,000 trucks by 2030 and market research says that’s only 2% of the market in Europe alone.
You heard it here first … 😉
I’ve been buying precious metals lately and platinum has been on top of my list for a while.
Got sent this email alert from Royal Mint today:
“Since trading closed last week, the platinum price has spiked.
Mining giant Anglo American has announced its exit from the platinum mining sector, just as data published by Metals Focus suggested that the gap between platinum supply and demand this year may be wider than initially thought.
A projected supply deficit of 476,000oz is now expected.
Data from the automotive industry also suggests the transition to electric vehicles may be slower than predicted, prompting a higher-than-forecasted demand for platinum in catalytic converters.”
Forget catalytic converters, I work for a hydrogen fuel cell company and platinum will go through the roof when small trucks all start using hydrogen power around the globe.
Oh dear AAL, I had high hopes but thanks for the spike:
I’m out.
Still an upward trend since 29th Feb so all good with a black/white AIM stock. With shades of grey let’s be honest it will be traded. It’s normal.
Trade the spikes if you wish but I’m done with all that for now as I only buy 5k tranches according to the Y front screen jerkers on ADVFN. I missed my 9p Friday barter today. Doh. Oh well.
Across my diversified portfolio in AIM, this is the one I’m most excited about short term but then long term. I’ve seen this simmering all before with gas Mark VI sitting waiting.
Buy gold - too late? Buy platinum - hydrogen fuel cells in medium sized trucks coming soon… good call.
Buy speculative coal miner stocks?
Really?
Where?
Here!
A friend of a friend owned a quarry in Chelmsford. He eventually ran out of quarry able quarry stuff so began a landfill business. When that was full, he covered it with turf and opened an exclusive 18 hole golf course and country club.
Opportunities realised. True story.
Just looked at Advfn. Lol. Basically, do the opposite of ‘ShortJohn’ !
Wish I could visit Phulbari to have a chat with the locals and ask what’s on the table, if anything. I’m guessing they’d already be protesting if there was a plan and it was bad.
Played with the mm’s Friday (although with a computer no doubt) seeing if they’d accept my 8.0p for 5,000 with 30 seconds to go and they did. I was bored and thought I’d try to barter as they only offered 8.16. Nah. Lol.
Anyway, only thing holding this below 10p is the Phulbari demonstration history imho, especially 2006 and the annual protests in memory of the 3 killed and 200 + injured. I think this is still fresh in Hassina’s mind and she’s still carrying the bad feelings today. Understandable. However, as the brilliant unwavering research on this board has been pointing out, there’s a very obvious solution to a huge Bangladesh situation/crisis. It will be giving her sleepless nights right now with the situation only getting worse by the day and more dire from the delay.
I believe something is actually going on behind the scenes and away from the press and I don’t think it’s a deal yet - although the Phulbari Solidarity Group have been deafeningly quiet on Twitter of late. I think there’s an amber light on but not the other colour yet. A slight emerald flicker and the handbrake will be released here and there will be no bartering to be had, only ‘at best’ orders and a volatile ride into easy 3 figures.
I’ll take my chances risk v reward, but I’ll have all my notifications ’ON’ as the news (positive or negative) will be explosive.
Sub 16p would be better though. I think this will drift over the next few weeks with a few limit order spikes but without an out-of-the-blue positive RNS, sub 16 or I’ll watch it fly to 80p like I did in 2011.
Couldn’t sell any through Barc’s this morning and then their site crashed! Once all the excitement of today has passed, I think this will drift over the coming weeks without news - there’s really only one bit of news we’re all waiting for - but nothing to fear if you believe in the risk/reward and you’re not over exposed.
I’m waiting with a chunk I eventually managed to sell if there’s a stop loss attack.