Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I went for a punt on this a few weeks ago, bought about £1000 worth at 175. Having watched it ebb and flow since, it seems to be climbing a little more now, is it still a good time to get in at the 200 mark?
Well, whatever your source, it’s a shame they didn’t reveal the whole picture.
I should have offloaded this garbage last week when my instinct told me.
Thanks, the insight is appreciated. I simply need to liquidate a few of my shares. At the moment I have an inbalance of tesla, but with the recent gains that is no bad thing. Even though I have selling any share until I have at least got back to even, it seems idiotic to wait on IQE any longer. that said, your points are valid and I make kick myself for the sake a a slight longer wait?
Such is my disdain for this share that I have not followed any of the recent commentary.
It sticks in my throat that I bout around 130 with the predictions of it going to grow by another 50%. I have therefore lost half my money. I have held patiently now for a good few years and yet, despite all the waiting this seems stuck.Many might argue, the current SP is the true price and value.
Despite new news, new PR,etc,etc, nothing seems to be moving and this is certainly a share that i wish I'd never got involved with.
Am I being too harsh, is there a pot of gold about to appear at the end of a rainbow? Or, am I better to cut my losses and invest in the many shares out there than can help me redeem my losses?
Any opinions gratefully received :-)
Its great to see a jump up today but for the longer standing investors (like myself) I remember being lured into this a few years ago on the promise of reaching the dizzy heights of 164. Let hope the new PR machine and more good news can get that 1 in front of the 64!
The Huawei thing is a red herring I feel. Huawei have never sold a mobile in the US and so there is no loss as such there. In fact the sales of Huawei mobiles in China and RoW are growing at a rapid rate, it’s now the 2nd largest manufacturer of phones in the world.
I think many of us on here are on this sinking ship. I foolishly / greedily / naively bought in back at the dizzy heights of 150+. Since then the SP has been slowly and some days dramatically reduced to now less than a third of that. I have a disproportionately high investment. This company have woefully managed communication and PR. They’ve not just bent over for the shortened, they’ve kindly leant over the desk with their trousers round their ankles (if you forgive the expression). I’m starting to feel a Deja vu with IQU the Hydrogen fuel cell company that went from big promises to nothing and worthlessness.
SP almost halved?!
I thought my Tesla shares were a bad buy, but this share has to take the title of king of the swingers, mastered by the manipulators. Only a week or so this was being talked up as a great buy ahead of a prospective acquisition. What utter garbage that all was. I’m in long, not because I have any interest at all in this company any more, I just want to lose a load of money. Money it seems is only being made by the curators of the stories that cause this to rise and fall so dramatically.
That sounds great but what are the indicators that strongly support that please? If it were that clear then wouldn’t the market already be shooting up?
Correction, I bought in at 132 and 155.
Seemed like a good idea at the time...
Interesting that I'm not the only one to have this on my mind today.
Whilst I agree with what you say regarding the huge cost savings on rent, staff,etc, I'm not at all confident that I should have anything to do with this retailer from an investment perspective. I bought in during the last bounce at a point that was too high. SP was climbing fast and seemed to have good momentum, however, like a steam train with no coal, it ran out of puff very quickly. I then took up the option to buy at 19p on the offering to raise the £32m. Since then it has done very little, other than slowly decline into the early teens. I know the business quite well and I know people at HQ. It's not a good picture at the moment and I think trading has been poor in the last 6 months. Wrong products and the lack of consumer confidence on premium products like Prams, Car seats, Furniture has reduced revenue significantly. Overseas I have less insight so maybe that will save them a little?
Thanks for the insights guys, based on your thoughts and those of my own, I will hold for now. I need to liquidate something, but a feeling tells me it's not this share. I've been very frustrated ever since buying at the 130 level (shortly after it peaked around 170) watching it being whittled down and down by a commination of short manipulation and terrible company in house PR.
Like you say Monty, the investment has been a long time in motion and this company is more than just a chip supplier to Apple...
There are a lot of far more technically minded people on here that me. Some of those led me in to buying this share a year or so ago (at 130).Having watched the price diminish more and more and finally seems to have recovered slightly. To those technically minded or that just understand this company better than me, do I cut my losses now and move on, or hold for a while longer? thanks.
Am I wrong to do so?
This was a company with so much hope, what is the prognosis for the future and turning my £23 holding back to the £1500 I paid?
Unless someone can tell me differently, there is no news whatsoever from MC today to lead this price down. What’s happened has come as a result of other retailers and the obvious struggles and scare.
Why would anyone offer twice the share price to buy?
Sorry, another point: Surely a takeover would be the last thing we want at the moment, at 90p a share, I’d need someone offering a 50% premium on the days price.....and that would only just get me back to even...
+1 to that sentiment. Please, no one else say “this is a great time to buy”. If you do, first show us a print screen of what you just bought...
I can’t disagree with any of that. It strikes me that this is being woefully mismanaged by a group of academics not businessmen.Unlike businesses run that way in the 70’s and 80’s, I suspect this will struggle to survive...