RE: A pleasing RNS25 Sep 2025 19:32
Ofc it’s a red flag, that’s why it’s currently valued here. Break even and all the projected green nuke growth are priced in well, and it’s overshadowed by the Magna CN - which was $51m at end of June and is yielding around 12% compounded, so it’ll be $60m by Oct26, that's no secret.
You either shrug this off and believe them that nothing could go wrong and buy it cheap, or you wait it out and buy it higher. That's the risk here you need to take.
AIM was a great excuse some time ago, but AXX broke out of its downtrend in May, while SEE is underperforming, we should be roughly at 5–6p now if following AIM. The same drag with Magna, but MGA decoupled from SEE and broke out on 1July. It’s a pretty good deal for them, sitting on this 12% rate partnership. If SEE’s sp had followed MGA, it would also be above 5p today. Is this all just a few months behind and will double next or is this a proper failure and reset? That's also your risk to take.
I don’t underestimate the IIs who sold, VSI, LO, and FH, they were significant, and the stamp they left on the SP is huge; in fact, it effectively cracked the price in half. I hope they’re in Ldn to attract some volume back. If they decide it’s worth getting in, it could easily repeat the 20/21 move, as the pattern is still similar. The potential they were trying to sell today is big, bigger than ever. And now Mitsu is pushing them to expand into new markets like smart factory and medical, digital education, finally some good news with future growth or hype potential, something that make the dumb money jump in if they can sell it right. And making SEE less dependent on the car industry on its knees.
But most investors probably still want them to prove it first, so they don’t waste time by timing it wrong.