Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
The big difference is that like some other online retailers, AO boosted marketing during the pandemic to capitalise. Browns as good as cancelled their marketing.
On the flip side, it took a pandemic for AO to turn Its first profit, whilst browns has always made money.
I trust the path browns is on though.
Madmick,
I understand your sentiment, but you are entirely ignoring the book value of the company when saying this.
On the flip side, would I pay £40bn for a company that’s never turned a profit? No........but that doesn’t stop the market at valuing some of these stocks beyond that level.
For me, I think it’s a simple case of the market waiting for proof in the pudding. I suspect if the forecast has met with a return to profit in H2, then SHI will start to move more swiftly.
This isn’t a covid stock, it’s a traditional recovery stock and they generally take time. It was unloved bu the market prior to covid and most holders were likely those carrying a loss from its heyday. It takes time to win back the love and confidence of the market.
It’s slow money, but it’s safe money in my view, so I’m happy to forget about it for a year or two.
A nice PM recovery as I suspected. Just a shame I didn’t have the courage to top up at 36p as I didn’t want to increase my average.
Let’s see if tomorrow takes us back to the 40’s or wherever this is our new level for a while.
No nice surprises in the results so impatient money is moving on to new opportunities. It’s oversold and I imagine it will recover and stabilise around 40p.
Patience is going to be needed here, but I feel that it is very safe money long term
Yea I think 60-70p ‘could’ easily happen within a matter of weeks. We’ve seen enough stocks do it recently to know the potential. But saving a superb set of results or some broker rerates, I’m now inclined to think we won’t see any rapid short term rise.
The wider market isn’t really interested in SIg yet and they seem to be waiting for some proof in the pudding.
I’ve got a feeling we may just move sideways tomorrow, but who really knows!?
An above expectations report on recent trading or the forecast of a speedier return to profit would
Give us a nice boost, but I can’t see much else moving it. If there was going to be a run it would have started already.
This is a lock away stock I think. I have total confidence in the boards ability to turn things around and for this share to double. But I couldn’t tell you when that will happen and I’m done speculating.
Jwd, what are you talking about? The UK is still in lockdown and has been all this year. As long as we continue to control our boarders, our trajectory is very different to that of mainland Europe.
Not that it really helps Hyve much.