Member Info for chilting

Their debts are still high - something wrong there I think.

As a member of the business community, I can think of some advice I would want to give to the government !!!

The nice steady rise that started on February 5th continues and totally vindicates the current SP.

The last spike was partly deflated by the FT and that can clearly be seen in the chart although the SP was rising far to rapidly just before that point in early August.

Sirius currently remains a very strong buy for long term investors and for those topping up but there will probably be a time after a successful stage 2 financing when the SP will go heavily overbought.

It could even start to go overbought before stage 2 with more investors pilling in after the summer break, especially if there continues to be positive media comment and publicity.

The bulls look to be back in charge after todays larger than expected draw and sentiment seems to have switched.

All good news for Enquest !!!

Yes, certainly below the radar, simply I think because of the lack of revenue flow at the moment.

I don't think many people is the city measure success from technological innovation, they seem to wait until success shows as profit.

As personal investors I think this is where we have the edge and can fully benefit from their lack of foresight - we see the potential they just see the risk !!!

Sorry I got this bit wrong -

As for POO, long term it could be bad news with falling global growth resulting in reduced DEMAND but short term we could see a big spike with Iranian oil out of the equation and OPEC struggling to meet demand.

Its starting to look like November could be the pivotal month of the year and it has the potential to derail the financial markets and create political turmoil.

The US mid term elections will turn up the Trumpet and I think make him even more irrational - they are due on November 5th.

Trump's promise not to allow companies who do business with Iran do business with the US has the potential for a head on clash with the EU and could lead to more trade tariffs. Tariffs on oil companies are also due in November.

We could see the knock on effect causing problems for the Euro and a strengthening of the dollar. And maybe the bull market would finally stall, with a big sell off on Wall Street.

As for POO, long term it could be bad news with falling global growth resulting in reduced supply but short term we could see a big spike with Iranian oil out of the equation and OPEC struggling to meet demand.

All in all, maybe we can expect Enquest to benefit substantially in the short term, but maybe latter in 2019 POO could dive.

The latest rise in the SP has been with POO falling but lets hope the API and EIA figures underpin the SP and we can move forward towards the September update on a positive footing with ENQ and POO on the up - $80 Brent would be nice !!!!

Auson

http://www.proactiveinvestors.co.uk/companies/news/191846/ceres-power-adds-bosch-to-growing-list-of-big-name-partners-191846.html

Sorry, nothing to do with Enquest but this is a great long term investment opportunity for all.

Hello Matrix

The past track for Cygnus looks interesting ???

https://www.marinetraffic.com/en/ais/home/centerx:1.294/centery:59.924/zoom:16

Market cap is just £192.17m - CWR had a 1 for 10 share consolidation a few week ago.

H1 due 7th September.

Unless we get news on AK's commissioning to coincide with Bumi quarterly update due on 24th or 27th August, I don't think we will get a separate operational update.

Trumpet sounding off about US interest rates gave POO a bit of a boost because the dollar fell

But we await API and EIA for clarification of the next move,

Hopefully POO will rise this week after 7 weeks of falls.

Sorry 10kw cell.

Auson

Usage is just starting - NB another deal announced today with Bosch - SP up around 10%.

They are developing a 10kg cell at the moment - not sure if weight of that has been made public.

Yes, that is usually the kiss of death, but not in this case - I guess the financial journalists have to get something right.

The news just gets better and better !!!!

Auson

The battery stores electrical energy produced by gas, hydrogen or just from the grid. Basically the aim of the technology is to produce a cheap mass produced battery that can be used anywhere.

They have recently signed agreements to develop the fuel cells for buses in China and with Nissan for cars.

It seems likely that the next deal will be to add the fuel cells to domestic gas boilers for householders to produce their own electric power - this would also work if the gas was substituted for hydrogen. Also they have a link up to use the fuel cells in data centres with Microsoft rumoured to be a customer.

They are just about to sign a deal for a factory to start mass producing the fuel cells in the UK and the Chinese are also likely to start production.

Hello Auson

New battery technology is here, I hope - my second largest holding after Enquest.

http://www.cerespower.com/

It looks like we have drifted down over the summer to fall to level of the rising high from November 2016 - maybe a little more downside to come.

No news on any acquisitions but I guess we could get an RNS at any time.

A good time to start thinking about a top up I think.