Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
PE is calculated by dividing share price by earnings per share. PE is currently 26 and can be found on the fundamentals tag on this site the retail sector average is 64 so for a high growth share boohoo is well positioned
I am strongly in favour of a sales tax but I do not think that this will affect sales and it may even provide an opportunity for margin growth as the price wil be passed on to the consumer. The high street cannot compete even with a 2% tax and with all the covid measures having to be adhered to for probably another year, will there be any high street competition left? This on line tax needs to be flexible and penalise those firms that are not paying their share of tax in the U.K. E.g. Amazon and on line gambling companies sheltering in offshore tax havens etc
This will never hit any price sub £3 again unless it is embroiled in some other scandal which affects sales. I think the board are acutely aware of the need to be squeaky clean from here on in and have employed experts to assist in this. It is completely undervalued at the moment given 40% growth despite negative press and this recent dip, caused by a pessimistic negative growth in the final quarter will be exposed as usual to be a case of under promising and over delivering.
This was the problem there were so many who wanted to sell and take profit at the open the market makers decided to drop the price accordingly and many got their fingers burnt this I believe caused a day long jittery response wth people buying the dips and selling the peaks. Hang in there as the fundamentals are good and this will recover to where you want to sell at quite quickly.
I’ve been here since 43p and I have seen all the ridiculous highs and lows.I bought this as a growth stock and it hasn’t disappointed. I will only sell when I think growth is stalling long term. This is currently in my opinion undervalued for its current growth so I will not be selling any time soon.
Very interesting. I think people forget the PE has been affected by the additional shares released to build up a war chest for acquisitions. Without this PE would be around 45 now which is rediculously low for a company with this level of growth. The surplus cash is now nearly 400 million and once an acquisition is made the PE will fall further. Boo have always under promised and over delivered and I agree that the full year will be better than they are suggesting today. I am holding for the long term as the fundamentals look great
Haven't see the eps yet but I would expect it to be around 55 to 60 and given this was around 74 last year this is starting to look very attractive. The sector average is around 27 but this includes companies with physical stores and zero growth this is growing at 40 % a year still
I think the most significant hing here is the progress on corporate governance. The growth figure is pretty much what I expected given lockdown 2 and I am sure this is priced in to a degree. For this to really take off they needed to pot to bed the governance issues and I think they have made a very good start.
I don't disagree with you but don't expect a 20% gain tomorrow as there will be too many people profit taking you only have to look at ASOS today to see the trend. I hope I am wrong but I stand by my assessment. Like others it makes no difference to me as I am long on this.
Let's not get carried away here. Even if the results yield a growth in the region of 35 to 40% the PE will still be fairly high especially if it drives up the share price. I have a more realistic view that it will peak at around £4 tomorrow before being hit by profit taking but unlike last time I do not expect a large sell off as most of the shares are not in the hands of private investors. If the results are good the big players will look to mop up any dips. I am happy with slow steady growth. I expect a close tomorrow at around £3-85 anything above that is a bonus but I do expect further growth as earnings increase further.
Given its price has already exceeded £4 previously I can see this happening again, if results are up by c40% or more. Sure there will be profit taking but I trust this will be short term as the fundamentals are solid. Acquisitions are still on the horizon and bad news is behind us
Dream on moose. This will never see less than £3 ever again and after Thursday may never see less than £4. I fully expect growth forecast to be upgraded again and that is before any acquisitions. Unlike ASOS the share price is still trading below 12 month peak despite huge growth
Obviously, the auditor news helped to offset a sell off today. But as the week goes on I feel unless there is a deal, any nervousness will drive it down but not by much as you say £2.90 is my guess but hey ho I may well be wrong. I will be back in when it either hits my target price or we reach the 4th of January whichever comes earlier.
Unfortunately lots of people (myself included) deem the risk too great at he moment to be heavily into shares hence the large sell off on the ftse today. Boohoo is not immune to the issues and with the Brexit talks still in the balance, and with no deal still favourite, I think the share price will at best stall between £3 and £3.10 up to the new year but with the Christmas break looming more and more investors will look to hedge their bets. I sold about half my holding today. Clearly investing is a gamble for us small investors. My feeling is a gradual seek off in line with the ftse during this week to about £2-90. A deal with Europe may change this but I do not want to risk all on this happening. A no deal will drag this back below £2-80 I believe. I am confident that things will change with the results but for now I am edging my bets.