Member Info for Boyobach

It’s not hard to see why GS have apparently given 470 (chart below) but I also don’t think it is coincidental that the sp has this week levelled off at a trading level very near half the placing price of £10.60 per share of March last year. I think January saw a crude market revaluation across the tech and green sectors, based on little real specific data about CWR. It doesn't seem likely to me that Bosch, Weichai and Directors of the Company, who all had clear sight of the budgets, development path and order pipeline, would have paid twice the realistic valuation price. They are currently down rather more than me and I’m sure they’ll be working hard to be back in profit in the not-too-distant. In the meantime it looks like a bit of trading work will be required in order to make the best of it. Just when I wanted an easy time!
The long view from May 2019: https://invst.ly/xb4ph
And with the CELS Index rebased: https://invst.ly/xb4oh

.......in fact, Shell peaked against Brent back on 8th December and has dropped back since then - so today's sp isn't as strong relative to Brent as it might appear: https://invst.ly/xa-rc

Today's rise is entirely driven by OP: https://invst.ly/xa-hw (15' view from yesterday at 9am)

AquaSulis: The thing I am having difficulty understanding boyo is why should it fall further with a NASDAQ decline...

A substantial part of CWR's fall in January seemed to be across the wider sector rather than just CWR itself . A general perception of a bubble, I assume, and a 'correction' for sp's within it. For CWR the drop may have been accentuated by shorting activity. But all this is supposition on my part. I'd expect CWR to continue to fall if the index weakens further but it could buck the trend. 515 does seem to have a fair chance of marking the low point but calling the bottom is always a fool's game isn't it? Jolyspeculator has a target of around £3 - I can't deny that 316 is on the chart but I don't rate it as a likely possibility at the moment: https://invst.ly/xar2w

CWR is a nice trading share at the moment - there was over £1 (around 20%) to be made in just 3 days between Friday and Tuesday. This is a nice little earner for trading types at the moment - so expect volatility rather than a sharp rebound as profits get taken along the way.
15’ view: https://invst.ly/xan25
The ‘lows’ (red) are rising slowly so at least there’s some upward pressure - unlike last month!
£3 as a 'buy' tp seems optimistic to me currently https://invst.ly/xane1 but it rather depends on whether the NASDAQ CELS index is set to slide further.

Yeehar: 'Investing.com seem to have ported over "old RDSB" data/history'
Unfortunately they appear to have ported over RDSA on Investing.com (you can run a comparison with RDSB, which has remained frozen since last week). RDSB is, of course, the share data that's relevant historically because RDSA was subject to Dutch withholding tax. The difference between them could sometimes be more than 50p it appears.

Yeah - it's been a mess at Investing.Com. I've since realised that what they've done is discontinue RDSB (frozen since Friday) and label RDSA as Shel Plc- this provides historic price data but for RDSA rather than RDSB - which means there's now a slight inaccuracy in chart details prior to Monday and certain features, like gaps, have vanished in some places. I've pointed this out to them but am not optimistic that they'll fix it.

Correction, use this link: https://www.investing.com/equities/royal-dutch-shell-a-shr?cid=23655

For those continuing to have a problem finding Shel on Investing.Com, this link should help: https://www.investing.com/equities/royal-dutch-shell-a-shr
You should be able to add it to your watchlist from here.

Hi Darth - It all seems a bit unconvincing to me: more 'front' than substance in my view. You'd think they'd have put some pics of the Malta factory on their website by now. It exists on Google Maps, very easy to locate under MGC Pharma Operations - Birzebbuga, Malta where you can see the roof. Their current lab is apparently at Hieronimova ul. 8, 1000 Ljubljana, Slovenia - just about visible on Google street view. It doesn't look a big operation and I don't know how many people they employ there.
I was interested to see Mike_Hunt's post today and then check out some of his previous comments. I'd need a lot more info and reassurance about this company before I'd return. ATB

MGC’s website is usually given as mgcpharma.com.au (as per their Twitter page) but try it out. This one works: https://mgcpharma.co.uk, it has lots of possibly stock photos plus a couple of a white coated and suitably bespectacled lady called Klavdija with an MGC badge but does anyone here know where MGC’s main laboratory and production premises are actually located? Are the nicely posed pictures of people in white coats in a laboratory in the UK, Malta, Slovenia, Oz or somewhere else?
A December article on Stockhead (an Australian website - link below) was - quote : ‘developed in collaboration with MGC Pharma, a Stockhead advertiser at the time of publishing’ and includes a Getty stock photo of lab technicians with a different badge.
Sometimes it’s described as Europe based and other times as Australia based. There's an MGC Distributors - with a similarly ‘stock photo’ dressed website - in Triq Hal-Qormi, Il-Hamrun, Malta, but that doesn't look too special from the outside. It can’t be there can it?
I’m just curious and like to know exactly where my investment is being used. Until I’m a little less curious, I am out of MGC. Having made a similar loss in ITM recently, I've switched the proceeds to that in the meantime. It will be interesting to see which one recovers quicker (if either do).

https://stockhead.com.au/health/mgc-pharma-secures-10m-capital-raise-from-us-and-uk-investors-to-advance-development-for-its-lead-drug-candidate-cimetra/

I'm hoping that Phat will be mistaken and that 515 will prove to be the bottom: just click on the chart to save reading my wordy explanation.
Has CWR performed as well as expected as a business over the last two years and within guidance? If it has then clearly it is not a dud, as the fall in sp would suggest. However, the sp may well have overvalued the company during 2021, so are we now at or below reasonable value? The fall in sp during January echoes the fall in the CELS but is disproportionately greater: so whilst shorting activity might have exaggerated the fall it cannot be entirely blamed for it.
This chart goes back to early 2020 when the sp was tested twice: on the 17th March, when the market collapsed due to covid, and on 20th May, when IP Group sold 11million shares. https://invst.ly/x9hxt I’m taking these as two reference low points.
The solid blue and red trend lines here are set on those respective ‘lows’. The green trace is the NASDAQ CELS index rebased for comparison and the green dashed lines show the top levels for CWR that could have been expected if it performed in line with the CELS index over the entire period. If CWR had matched CELS over the period then we can see it should be around 650 today, so it is currently underperforming the index, which is unusual for the chosen period.

I think PhatStyle has been wrestling with a decision that many here will have been contemplating. The sudden drop in sp has not made an exit decision straightforward much less helped consistency of views expressed here. A day or two ago Phat said: 'this trend looks like it’s going sub 500 in the coming weeks.' He had a point but, interestingly, the trend had already shown signs of slowing and possibly reversing. That has continued today: https://invst.ly/x9gwd . I would personally have set a stop loss to protect me from a further fall but waited to see the outcome of the current levelling out. I'm reasonably optimistic at this stage. The shorts have made a good profit here, further upside for them is looking much slimmer now I would have thought. I don't necessarily expect a bounce - they will control the pace.

E_AL: As for CWR, today it bounced off the 50 days moving average on the monthly chart….
I looked at it and assume you realise that the 50 switches to months not days on a monthly chart? A 50 month MA for CWR gives the average back over the last four years. https://invst.ly/x91i6 . It certainly smoothes out the wilder moves in price!
Interesting nonetheless and you wouldn’t expect to see a genuinely successful company’s sp fall below it.

Having suggested that 525 might be on the cards last Sunday, it was not much fun to see it materialise today.
Let's hope the others on my list don't follow. https://invst.ly/x8upp
Last year's cash raise does now look absurdly expensive, with shares today at effectively half price in relation to it. That doesn't necessarily make CWR a bargain, of course. Marshall Wace seem to have picked a winner. Glad I haven't gone all-in yet.

That could be a good call Hasiba - Best of Luck!
Despite today's market driven drop, the 'lows' (red) are fighting back and the 'highs' are pushing above the blue trend that has dominated the last month. https://invst.ly/x8idx But they haven't broken free of it entirely. It's a tussle on a knife edge.
The drama may not be over but something has changed and it's an improved prospect as far as I'm concerned. I've also added but keeping some powder dry. I freely admit that, although I'm a long-term holder, I will be trading this fairly hard as various levels are reached in order to recover from the paper loss that I've incurred over the last month - and I won't be the only one!

There's no doubt that vulnerability remains despite a fairly textbook reversal pattern yesterday - you are probably right about the wider market moves today E-AL.
Daily view: https://invst.ly/x891s

A reasonable attempt today: https://invst.ly/x7-rn (15' view) a close at 617 would be good but I'll take 600 if that proves too high.

So, on Sunday I did suggest that it was worth keeping an eye on the price squeeze, lows (red) indicating upward pressure (there was none) and highs (blue) representing downward pressure (plenty of it). And the result was the sp broke through red: https://invst.ly/x7rq6 (15’view) - at which point it was better to stand back until the carnage was over.
Is it over? For every trend that dies there’s a new one to watch: https://invst.ly/x7rrr .
Basically, until the sp breaks through blue, the answer is ‘no’. Each support level on the way is tempting and might prove to be the bottom but, equally, it might not.
525 anyone? https://invst.ly/x7s0i (daily tick). After that, maybe 482, 425....

Yes- I think it's only a matter of time MrG.
Weird market at the moment but Shell doing reasonably well compared to the rest of the market, I think
For those watching Brent live price on Investing.com: they seem to have switched to the next front month's contract already (Apr22 rather than Mar22) for their intraday charts which is about $1 lower than ICE is giving.