RE: Can we see past the Auditor's Going Concern Concern??01 Jul 2021 15:13
Casapino's I agree with your analysis and I consider a cheap takeover to be a worst case scenario as I have an average price around 15p.
I am concerned by the auditors statement and it seems a fair assessment of where SAE is. At this point, though I have no choice than to hold and hope for the best. This has become an all or nothing share for me. Uksmouth will either be approved and save the day (i dont think cfd's will be enough on its own) or one way or another the investment will be toast. This is what I get for being emotional involved in company because I love the idea of what they are trying to do. Both tidal and Uksmouth are great power generation ideas suitable for the future but sometimes a great idea and plan can get derailed by poor execution/governance. Heres hoping Uksmouth can save the day.......
This announcement is not clear because the milestone was first SO product produced by end of june quarter, not plant handover to SO4.
Once again they are late and changing the goal posts after the fact. Previous examples include going live in March and issuing shares after they said they were fully funded. I have a considerable number of shares that are significantly at a loss but sticking with the company due to how great the opportunity is (I'm in this for the long term). I am less than impressed with the companys ability to meet its own deadlines and seriously vague communications.
CSDI I'm also following a strategy of trading leading up to div dates and trading releases. I plan a few months in advance using financial calender, picking out solid earners. I'm keen to find out what method you use to pick out your div targets. Compare notes so to speak. I took 11% from Poly from the trading update and jumped back at 1548 so feeling a little burned/greedy at the moment. Still think this civ will be hard for funds to turn down tho.
I completely agree with this and something I noticed when I read the annual reports (Something that people don't seem to do these days). They are also owed huge amounts of money from airlines as they are paid by the flight.
Whilst the share price has not recovered as fast as I would like, the current market cap is well below what it should be and it will catch up and when it does , the share price will really .... ehm, take off.
Everyone who is complaining that this share hasn't irrationally risen like airlines or Cineworld are only hunting for Covid bounces which is not what this trade is. RR took the opportunity to restructure during the covid pandemic only making it look like a Covid rebound stock.
I think that there will be some price uptake towards the div. Thats why i'm in.
There are a couple of notable events before the ex Div date.
A Q1 trading update has come out in April over the last couple of years (est 21st April), plus the AGM on the 26th April should bring attention to a stock that has ridiculously low eps compared to other miners and a healthy dividend too.
If this doesn't go up i'll eat my hat, swallow my dividend and know that something very odd is going on with this Share.