Member Info for CentralBanksSuck

Going to give this a small punt

Jupiter Fund buys 5% of DEC on April 25th with no noticeable price move on that day ??!!

Jupiter Fund acquired 2.38 million shares on a day with a volume of 236K shares traded ?

Can anyone explain what is going on?

Thanks for the replies to my question.

How is this company planning to get the helium to the end customer?

A pipeline would be expensive surely?

Compressed gas?

Liquefied?

Directors look to be accumulating shares. You have to go back to Mar 22 to find the last director sell.

For me this share is a hold and cream in the dividend.

With AJ bell I cant buy shares in amounts of £1K or more. They will let me sell no problem!

Given the tiny buy back announced this morning looks like Tharisa is having a similar problem!

Interesting that the BBC has just rewritten the same Baltimore news article, now belatedly correctly stating that LNG is unaffected from Cove Point. Moral of this story, the BBC cannot be trusted.

The BBC gaslights us all daily. The BBC article in the previous post is misleading and factually incorrect.

BBC lie number 1 " Baltimore is a significant exporter of liquified natural gas [LNG] "

Baltimore does not export LNG, Cove Point exports LNG and it is 70 miles away seaward side! LNG exports unaffected!

BBC lie 2 " half a million tonnes of LNG leave Baltimore per month, so the implications of what's happened are significant" Cove point is one of the smaller US LNG export terminals the US gulf coast exports far more LNG. So yet again the BBC article is totally misleading.

For facts go to the following:

EIA website showing Cove point is a bit player in US LNG exports:

https://www.eia.gov/todayinenergy/detail.php?id=60944

If the link doesn't work look up google maps yourself and get directions between Cove Point LNG and Baltimore (70 miles apart)

https://www.google.co.uk/maps/dir/39.2067399,-76.5486932/Cove+Point+LNG,+2100+Cove+Point+Rd,+Lusby,+MD+20657,+United+States/@38.9934898,-76.502458,11.79z/data=!4m9!4m8!1m0!1m5!1m1!1s0x89b9d70a5ae5aa87:0x32aa99b73734d706!2m2!1d-76.4096311!2d38.3854608!3e0?entry=ttu

The only LNG terminal near the Baltimore bridge is Cove Point LNG however it is the seaward side 70 miles away so unaffected by the fatal bridge crash

Predicted U.S. LNG exports according to IEA short term energy outlook:

(billion cubic feet per day)

2023 11.90

2024 12.34

2025 14.43

LNG export capacity from North America is likely to more than double through 2027

https://www.eia.gov/todayinenergy/detail.php?id=60944

Number of UK DEC shorted shares = 4.65% x 47,575,929 = 2.21 million shares

Number of US DEC shorted shares = Current Short Volume 0.886 million shares

Total DEC shares short = 3.1 million

Total DEC short = 6.5%

Assuming 647K DEC shares traded daily in US and UK

Would take 5 days for shorts to buy them all back using ave daily volumes.

US data sourced from "market beat" website.

Stop Loss = Stop Loose

Stop loss orders can be abused by market makers intentionally bliping the price down to trigger stop losses and thus they obtain cheap shares (formerly your shares).

Limit orders are the way to go. Buy low, sell high.

A Primary school child pressing random numbers on a calculator could do a better job pricing Natural Gas, than the official, totally not corrupt, markets.

Jun_man Your comments make sense on a short term basis maybe a week or month for a normal share. However assuming DEC's 70p quarterly dividend is sustainable then the shorters would need the share price to drop 70p every quarter for them to just tread water. Also company buybacks would get easier and easier limiting any share price drop.

No sign yet of shorters closing out their position.

Total short position is currently at 2.57% (it's been rising lately)

They seem not to care about the imminent dividend.

What the F is going on?

I am full invested in this company and not selling.

Once TRIG reports new results the UK windier weather should increase the number of KWh's generated by TRIG, and thus should be good for the share price.

However on the negative side wholesale UK electricity prices seem to have halved since last year.

Not sure how this will pan out in the financial results given TRIG gets Renewable obligations etc regardless of the market elec price.

https://www.catalyst-commercial.co.uk/works/februaury-2024-energy-market-brief/

I was surprised also.

Caught me off guard would have bought a few more if I had spotted the price action before close.

according to "investing" website there was a large transaction about 10:30 today 343K shares traded in a 5min window.

From the price graph it was all downhill from then onwards...

There is a new company video if anyone interested:

https://www.centralasiametals.com/media/

As we head towards ex div day with a roughly 70p dividend. The short total is going up currently 2.47%

Why? What is their game plan?

Of course we have no visibility of companies with shorts less than 0.5%. So a dubious company could split a short position of say 0.99% between two different financial entities and both could have less than the 0.5% threshold and not show up in the official short figures. So if this dubious company slowly shifted it's short position to a single financial entity they could make it look like the short level is going up, because they would now have to start declaring some of their short position.

Smoke and mirrors !

UK car sales by fuel type 2023 (Until the end of November)

Percentage of new petrol, diesel and electric passenger car sales (source: SMMT)

Fuel type Market share

Petrol 41%

Diesel 4%

Hybrid* 39%

Pure electric 16%

So only 16% of new UK cars (Pure Electric) contain no PGM catalytic converter!

Hybrid* = Mild hybrid petrol, Mild hybrid diesel, Plug-in hybrid, Self-charging hybrid

UK car sales by fuel type 2023 (Until the end of November)

Percentage of new petrol, diesel and electric passenger car sales (source: SMMT)

Fuel type Market share

Petrol 41%

Diesel 4%

Hybrid* 39%

Pure electric 16%

So only 16% of new UK cars (Pure Electric) contain no PGM catalytic converter!

Hybrid* = Mild hybrid petrol, Mild hybrid diesel, Plug-in hybrid, Self-charging hybrid

Bid offer spread got much worse today.

Today 4.5% spread >> 9.41 9.84

Whereas on Tuesday it was much tighter >> 9.65 9.69

Why the change??