The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
I hope & sure there will be no ridiculous de-ramping nonsense from 'Potters' fans next week ;-) .
+ 24% last week I suggest was more than we all were expecting. Will we get more of the same next week? who knows but I for one will not be trading this stock in the short term as upsides far outweigh the downsides.
'IF' we hit 500 before any announcement, 700-800 is well within reach in the coming months. As ever we are in the hands of global forces (inflation / war / black swan etc).
Exit strategy: All PI's need to have one as what goes up, more than often goes down. Somewhere between 700 & 900 4 me.
GLA.
The legend has gone viral........
https://www.youtube.com/watch?v=UYGhPckatZQ
Https://finance.yahoo.com/news/robert-bosch-going-hydrogen-technologies-182443611.html
Bosch is leveraging several German locations ''and one in Anderson, South Carolina'', to advance work in hydrogen fuel cells.
"As a UK technology business playing an important role in decarbonising the global energy system, we are proud to graduate to the LSE's Main Market. We are committed to realising our ambition to have multi-gigawatts of clean energy technology under licence with global partners in the coming decade. A huge thank you to the team at Ceres and beyond that has made today's milestone achievement possible."
For those who missed last weeks broker rating........
(Sharecast News) - Analysts at Berenberg reiterated their 'buy' recommendation and 1,155p target price for shares of Ceres Power following a technology teach-in with the outfit on its solid oxide electrolyser offering.
The company, which develops fuel cells for power generation and electrolysers for green hydrogen, provided greater detail on its SOEC products, the market opportunity and its strategic and commercial roadmap, they said.
So too, one of Ceres's key partners, Shell, had given further details about its expectations from the demonstration and the overall market.
"We came away more positive about Ceres's real differentiation in the space, even against its SOEC peers, and that electrolysis offers a significant second leg to the story for which the market current ascribes little-to-no value," the analysts said.
They conceded that the market focus in the short-term would be on its China joint ventures.
Looking past that nonetheless, they anticipated that the business would keep adding new licence partners in order to expand its footprint by regions, increase its manufacturing capacity and thus its high-margin stream of royalty revenues.
"We make no changes to our forecasts or valuation at this stage and retain our Buy rating."
A good day at the races today folks - I snapped a few @307 early doors so pretty darn happy.
With the 2 biggest milestones in the Co history just around the corner we can just sit back, light up those Hamlet cigars & watch the SP fly.....................