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Yeah, there seems to be some profit taking ( especially by large holder's) plus the concern on how the market would react on the lead up to the interest rate decision yesterday. But I reckon many are very keen to re -invest today, but were hopeful of a further fall or sell off. They can't always predict correctly though. Too much excitement with this stock and their upcoming frack.
Nooooo ! A rise like that would tempt too many large investors to offload some shares. But 40p is well possible given the excitement with this share at present.
Premium TV and brand-led content label Supercollider, part of Zinc Media, is joining with Idris Elba’s Green Door Pictures and Sabrina Elba’s Pink Towel to make ‘PAID IN FULL: The Battle for Payback (w/t)’ for public broadcasters CBC and BBC. The new series examines the systematic exploitation of Black artists by the music industry and explores what it would look like for Black artists to receive reparations.
The market has risen today and Ceres Power reports later this month. Might please the investors and market when they do.
Very Good - your analysis of it holding 10% + was spot on. We all know the huge potential of this stock and that it was all about timing and when best to invest. Today has been the day or a few days earlier for some lucky investors buying in big time.
Today's paper also mentions their key rail assets acquisition & broker Peel Hunt regards it as a ''strategically enhancing'' move for the group. Analysts saying the shares remain undervalued, with a confident outlook expected in the group's results next Thurs. 14th. Peel Hunt has advised investors to buy soon & has given this share a £1 -50 target price.
So regarding the Islandmagee Gas Storage Project,and the judgement being made in favour of HARL; the resources are huge and it is probably why 'INFRASTRATA' was given a target price of £3 -40 some years back pre HARL acquiring this gas project when they acquired the company.
Like it ................................. Belluscura licenses its proprietary technology in China
in a deal valued at $55m in minimum royalties over the term of the license
So it was a pleasing recovery rise yesterday, and this is only the start of it considering their posting.
https://www.thisismoney.co.uk/money/markets/article-12457983/MARKET-REPORT-Blue-chips-bounce-investors-buoyed-China-stimulus-slowdown-shop-price-rises-UK.html?ico=mol_desktop_moneymarkets-newtab&molReferrerUrl=https%3A%2F%2Fwww.dailymail.co.uk%2Fmoney%2Fmarkets%2Findex.html&_ga=2.230395356.1525899070.1693353170-872389035.1641043385&_gl=1*fsbrty*_ga*ODcyMzg5MDM1LjE2NDEwNDMzODU.*_ga_XE0XLFFF16*MTY5MzM1MzE2OS4zLjEuMTY5MzM1MzQ3MS4wLjAuMA..
A meeting will decide whether to de - list from aim. What a bunch of losers this company consists of, considering they had a recent fund raising. Realise there are certain poor countries overseas though and their governments are hopelessly slow at resolving issues re making owed payments.
'' The delays are partly due to the countries in which the customers are based, being Nepal, Myanmar and Bangladesh, where the governments are yet to provide approval to the customers to make the contractual payments. This is because it involves payments to a foreign entity, which is government regulated and requires prior authorisation in these countries. In two instances there are also recent disputes over the payment due to the Company, where two customers, based in Nepal and Myanmar, are unwilling to pay for the services and products received. This impacts $375K of the total $1.1m. The Board remains confident of collecting those amounts that are awaiting government approval in the respective countries but has currently no certainty as to the timing of the transfer of funds and is mindful of the impact on working capital of these delays continuing. ''
Expect more recovery in the share price as investors cheer the pending result that ' Their bid has failed to attract 66% of GAM shareholders. So now the company will not be spending out on this aquisition. So more money in their bank.
Https://walletinvestor.com/lse-stock-forecast/hoc-stock-prediction#google_vignette
It's very likely owing to their dividend (but only 1.85p approx) going ex 1st Sept, however I was well pleased to sell out at 87p. Need some money to re-invest, so the sooner the better. Good Luck though to holders.
As I was reading the free paper enroute to London, this caught my eye ................................................................
'' Electrolyser specialist ITM Power seems to have regained it's spark, with the firm's final results impressing analysts last week as its £5.2m revenues came in ahead of Peel Hunt's £2m forecast. Peel Hunt said the firm had made significant progress on its turnaround plan under new CEO Dennis Schultz & that it would be reviewing its forecast . The analyst slapped on a 'buy' rating with a target price of £2.
Whoops ! I meant late this month. AUGUST - hence sooooon !
Just a guess their ex div date is late Sept. I'm going by their previous gen that's on HL.
Since their consolidation the interim dividend has risen accordingly & might be going ex div in around 9 days time or before. Equates to 25th August as I write this. So a bullish results posting besides their dividend could be why this is rising well.
Guessing that investors are pulling their money out for another investment. Risky with TEK being so low. I can remember taking profits not too long ago at 32.5p. TEK has most likely bottomed out today.
Abingdon Health shares rose after it said its pregnancy test – the first to use a saliva sample rather than urine – will be rolled out by Tesco from the end of this month.
The company, which made Covid kits during the pandemic, distributes the Salistick tests in the UK and Ireland on behalf of the Israeli company Salignostics. Britain’s biggest supermarket will launch the product in 298 stores and online.
Shares surged 28.6 per cent, or 2.5p, to 11.25p after a rocky period since it listed in 2020.
https://www.thisismoney.co.uk/money/markets/article-12409629/MARKET-REPORT-William-Hill-proves-winner-owner-888.html