Member Info for Crocqman

The company should not be in a closed period.
As far as I know, the only time a company is in a closed period are the 30 days prior to release of the final year results, and also the 30 days prior to release of the half-year results.

The final results were announced back on 9th March, so the next closed period should be around August/September, with the timing depending on when the half-year results are scheduled to be released.

Having said that, not expecting any director buys, the chat on this seems a bit of a side-show due to the lack of SP movement on the funding news.
I was expecting a move on the funding news, but perhaps that will only occur on the next update to confirm drawdown and the other o/s points.

Also, the announced 3rd production well drill, prior to the reconnection of the existing wells could be a factor in the static SP.
I for one, as ever, would much rather they just get on with what is there now, before undertaking additional work which will mean further delay. Why can't they hust concenttrate on one thing, the small matter of reconnecting what is there in order to generate some cash?
Angus always trying to run before they can even stand up, let alone before they can walk.

The attached talks about Somerset as a possible site

https://www.bristolpost.co.uk/news/bristol-news/elon-musk-tesla-uk-gigafactory-5436767

Link to an older pice

https://www.somersetlive.co.uk/news/somerset-news/elon-musks-telsa-somerset-gigafactory-5060978?_ga=2.56364715.1249453475.1621541217-2042021370.1621541217

lovelyboy,
I have no intention of becoming the resident board grouch, but in more than 3 years on these boards have seen every share chat turn to carp eventually.
With some of my investments it is not even worth reading the boards as there is probably less than 1 in 10 posts actually on-topic out of hundreds posted daily (and maybe 1 in 10 of those of any interest).
Just looking to enjoy the 3 or 4 remaining useful boards that I frequent while they are relatively quiet and informative.
I have cut down greatly on my posting in recent months and tend to post only when news, or if I feel I can add something relevant (debatable).

Anyway, back to CUSN, let's see what tomorrow brings.
A day closer to news
gla

v-i-i,
It is marked 'UT. so an Uncrossing Trade.
There are a number of auctions thoughout the day, I believe.
A pre-trade, before the market opens that will determine the opening price, and a post-trading one that will determine the closing price. The result of the auction may not change the price, but it can.
The share can go into auction during the day too, but not sure the reasons behind this.
The below link has some info.

https://www.londonstockexchange.com/discover/news-and-insights/what-auction

Bubble,
No offence intended, but please lets not turn this board into a clone of every other LSE board with the conspircacy theories and BS chat about '1 code mean RNS coming', or the equally mythical shorters comments.

To date, this has been a pretty decent board with some good posters and some great local knowledge being shared too.
It would be good to keep chat to research and factual market commentary.

Again, no offence, it's just tiring seeing these misleading comments bing repeated daily on pretty much every single LSE board

Dreamc,
The last 3 trades from yesterday weren't likely to have all been buys, and they were late reported trades from the 17th, not trades on the day.
See separate 'Trades' thread from yesterday after market close with comments on these, it's all on this current page
gl

I would say the 300k trade was more likely a Buy as it looks above the mid (15.35 executed vs 15.15 mid).
The 500k and 200k both likely sells as both below the mid (15.125 executed vs 15.15 and 15.14 mid).

Likely, but not definite, no one really knows without access to official LSE end of day trade report.
Good to see some chunky trades though either way though.
Volumes, although higehr in the last 2 weeks are still lower than 3% daily, hopefully picking up futher soon
gla

Hi Capsum,

Can't see that they are publicly listed, so no available pricing and no ready market as such.
I would suggest that you contact your provider directly on this.
They should be able to obtain a quote for you, or at least give you a price.
If they have any holdings via their own accounts they will obtain pricing on a regular basis, perhaps quarterly, in order to be able to provide an up to date valuation on any accounts that may hold the stock.
This may be from contacting the company themselves and asking what they value the shares at. They can either arbitrarily decide what they think it should be, or go on the last traded price whenever that may be, but your provider will determine of this price is 'reasonable' going from any previous trades/updates.
The difficulty may be finding a buyer, so it you do want to sell, it could take (a long) time, unless you are lucky, and you may not get what you think it could be worth, so best be prepared for this and hope for the best.
There may be additional costs, or requirements to actually trade and settle the transaction too as I expect that it will not be traded via an exchange and settled in a standard manner. Best to ask on this upfront.

If your provider cannot help, maybe try someone like hargreaves Landsdown, but it may require extra hoops to jump for KYC, identity checks, etc if you do not have an account with them due to money laundering regs.

Good luck

I am confused as to why posters are suddenly making such a big thing about taking shares in certificared form, or putting stop losses on at many multiples of the current SP in order to somehow stop MM's from borrowing their shares to short this (I can guess though).

- It will make zero difference, simply because many millions of shares will be held in Funds who WILL be permitted to lend their shares out, if the Fund Manager so wishes (it could well be part of the fund srtrategy).
- There is NO evidence to suggest this is being shorted in any case, certainly not to any extent that it will make any material difference to the SP (e.g. nothing on the official register, although there are exemptions here, as always, as not all borrowing needs to be disclosed - see link below).
- IF this were to be shorted on any scale, it would definitely be on the official register. There would be no way to 'hide' huge short positions from the regulator/market.
- Shorting requires liquidity. The average daily volume here is circa 2.5% of shares in issue. There is simply not enough liquidity for this to be shorted to any degree to make a difference to the SP and be worthwhile for whoever may want to do so (imo).

Please can we stop all this talk about MM games, manipulation, shorting.
Yes, it is always a possibility that something may be going on, but highly unlikely, and not on virtually every AIM stock, if you beleive a lot of the posters across these boards.
It is just scaremongering by some, and perpetuating BB myths that abound across all of these boards.

Whenever the SP goes down, there is always some suspicious reason for it, it is never due to more reasoned, explainable and likely possibilities.
Funny how when the SP is rising rapidly, there is never any concern about why that might be, it all becomes a back-slapping fest and anything else is quickly forgotten with talk of 'bags', luxury cars and holidays.

Just my opinion, of course.
There will always be others that disagree, or come up with an extreme example, or two to 'prove' anything could be going on, either way.
Shorting is not even a remote concern for me here.

gla

https://www.fca.org.uk/markets/short-selling/exemptions-requirements

Article: 2020-10-01

1st October, or 10th Jan? !!

There was an article from October time last year about a partnership agreement with ABB/Lion Electric to provide and service charging equpment.
As Staggers stated though, there will be many off-grid locations. Perhaps the Lion agreement will cover the serviving, but who will be handling the provision?

Surely there would be a need for manufacturing capacity in the U.S.

https://new.abb.com/news/detail/68369/abb-and-lion-electric-partner-to-bolster-e-mobility-in-north-america

Good weekend all

Just came across this. Interesting concept.
Limited, but space in the market for something niche like this.
If anything, good exposure (or paid for ad) for them.

Can't understand why the outdated penny and 2 pence, at the minimum, have not been taken out of circualtion years ago.
No reason why prices for anything cannot be rounded to 5p/10p divisible amounts, especially with the inflation of recent years
Pointless coins, and becoming more so too.

https://www.thisismoney.co.uk/money/saving/article-9570247/Digital-coin-jar-Shrap-wants-Britain-coinless-not-cashless.html

Good weekend all

For the record, I think my EOY SP prediction was around the 6.5p level.
It was just a bit of fun, so many enthusiastic predictions, particularly given the rapid SP rise seen in December. I would not put too much store into anything predicted, tbh.

Any deals announced this year will be great, and will give the SP a nice boost, no doubt, but it. will still take time for any upfront costs to produce returns. The figures you have given over the next couple of years, Pick, would do for me.

Nothing wrong (or boring) about being conservative, imo. Conservative is often closer to reality where AIM is concerned, anything extra is a bonus.
gl

I have only been on this board since the end of 2020, and not really seen any ramping here, certainly the not relentless rocket cr*p seen on many other boards.
Perhaps some over-enthusiastic, or misguided (imo) optimism at times, and certainly frustration at the SP move vs news flow, as is often the case, but nothing untoward, or underhand, positive, or negative here generally, imo.

For me, the rise was always too high and too quick, both here and in the sector generally, and was always likely to drop back without concrete news with contracts and tangible cash generation. I just did not expect it to fall this far below the 1.90 to 2.00 level where I had been adding this year.
I am done adding here, despite the current SP level as this is at the top end of my preferred holding weight.

News is expected, especially with what is known to be in the pipeline, or under consdieration, but I also don't think there was any expectation of daily news. Hope that Wood Group news may drop any day since the turn of the year perhaps, but not daily news.

EQT, for me, is in that phase where hype, expectation and sentiment are no longer the main SP drivers in the short term. Delivery, 'meat on the bones' is what will drive the SP now, in the main, and even large contracts may not see this reach the previous highs seen, due to the often irrational nature of AIM. Longer term though, I can definitely see it higher

Whar is EQT worth?
Difficult to say. Too many unknowns currently, and comparisons vs peers does not help other than suggest a possible value within an unknown timeframe.
Agree it is a hold, and it remains a long term hold for me.
Nothing not to like for me here as things stand, just need patience, and happy to sit tight, await news and assess accordingly.

Talking change, discussiing how it can be done, etc is all good, but. implementing those changes always takes time, both for the work neeeded to do so, and the change in attitudes, thinking and infrastructure needed to push these changes through. Government policy too.

We have the proven technology. I don't believe anyone has stolen a march, just that the uptake in making the switch will not perhaps be as quick as many would like.
Just my thouoghts
gla

As some background, if not already known, here is an article from mid-April 2018 (!) about a 10-year project to electrify U.S. Highways with ABB as the supplier:

https://new.abb.com/news/detail/4283/abb-selected-by-electrify-america-to-provide-high-power-electric-vehicle-chargers-across-the-united-states#:~:text=ABB%27s%20Terra%20HP%20high%20power%20electric%20vehicle%20chargers,infrastructure%20project%20to%20date%20in%20the%20United%20States.

Also, an interresting Bloomberg video from 27/04/21 about ABB potentially listing their ev charging division, and how they are planning future growth and possible acquisitions (no AFC mention):

https://www.bing.com/videos/search?q=bloomberg+abb+charging+infrastructure+america&qs=n&sp=-1&pq=bloomberg+abb+charging+infrastructure+america&sc=0-45&sk=&cvid=638E0CF9DABD4FFFB88C28256E51DDF4&ru=%2fsearch%3fq%3dbloomberg%2babb%2bcharging%2binfrastructure%2bamerica%26qs%3dn%26form%3dQBRE%26sp%3d-1%26pq%3dbloomberg%2babb%2bcharging%2binfrastructure%2bamerica%26sc%3d0-45%26sk%3d%26cvid%3d638E0CF9DABD4FFFB88C28256E51DDF4&view=detail&mmscn=vwrc&mid=7C83F53DB5AB4A7223117C83F53DB5AB4A722311&FORM=WRVORC

Just added some more, sub 44p.
No more for me here now.
Not seeing or hearing anything to change my view of future growth possibilities.
Time to sit and wait for news - Payment App launch and confirmation of U.S. listing can't be too far away.
gla

Relax, Yanis.
It's a walk in the park.
Think of it another way. You have a penalty to win the league. Up steps your all-time record goalscorer. Sergiooo....... Oh!

Without a TR1, no one knows who is buying or selling.
It is just speculation.

Whenever there is a placing, it seems to be the norm on these boards that the placees either forward sell, or get out at the earliest opportunity. It lways seems to be the narrative, especially with a SP drop. It's the 'go to' response

Next it will be the MM games, MM manipulation, and MM's letting their mates in cheap posts prevalent on all boards.

Frustration at the SP not rising daily is understandable, especially when you believe in the company, but there is not normally just one single factor for any price move when no news.
U.S. markets all down yesterday, all major Aisan, European and UK markets down today. Commodities all down, all cryptos down.
Volumes have been low here for several weeks now too.
Hardly a surprise that this is down really.

At least it's confirmed now, Yanis.
Something positive after more than 6 months of waiting, but still potentially a 1 year delay in first gas from my expected target (Q4, 2020, or Jan 2021)
I was hoping for something over 1.00 on this news and perhaps a couple of days of steady rising due to some buying, but still early days.
Still not sure I will wait for "Q4" for gas, and will certainly be looking to sell half my remaining holding if I see an opportunity in the coming weeks.
Well done to the bod for getting this funding over the line though.
Hoping for a more detailed update on expected actions and timeleines in due course
gla

So true.
It's because some people just want to be able to say "I called it" and mark themselves out as sime kind of guru.

A bit like the guy who predicted the SP would fall to the placing level by a certain date. It didnt. But did get there the following week. He wanted a prize for being 'close enough', and even started his own "Don't say I didn't tell you so" thread to remind everyone of his (fairly predictable, actually) achievement, and demanded that other posters apologise for not agreeing that it would happen.

Totally pointless. These posters find their way into my filter bin now
gla