Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Looking at the RNS it can be viewed as not so bad! Ok we know oil prices have been at rock bottom and so who in China is looking at expanding gas production - no one. India nearly the same. So Mr Randeep has woken up to the fact that there other ways to diversify the companies assets by looking for geothermal and workover work. Yes we know he should have looked at these options much earlier but he didn't think of them! That is the only 'little' worry. Ok the challenge for us is to suggest what else you could use these rigs for and tell Mr Randeep asap. I suspect work will come through quite quickly from China as gas is the way forward for them from now on to try and get pollution levels down. So all in all this share is a hold at this level and a buy if it drops a bit more. Ok not instant money / gains but it should come good. I think the 'if' is now slightly smaller.
Information received thanks. I agree let us hope for a positive update on tomorrows tide.
Where is the 'news tomorrow' coming from? Routine news or RNS? Any leaks about content?
I ask the same Q - Orbis sell mega nos of shares and the SP goes up 12.5 %. Tomorrow will be interesting either the SP will motor north now free of Orbis shackles or we crash if Orbis see it as a lost cause. Any thoughts before the 8-0 am opening bell when presumably we will see the answer!! GL to the patient few - me included!
Happy New year Let us hope so anyway!! Down nearly 5% today, is there any real reason why when most larger companies are showing blue. News early this year? GLA
thanks for the update mannan I don't know where you found the information but your research is fist class, I have held these shares for a long time - through bad times and even worse ones! Lets hope this gets us going with work that the company deserves after all their in house developments. At times I thought we were going to fold, then I thought we would be taken over for no money at all. I thought the Robinsons with a foot in the C21 and Trakm8 camps were going to be involved with a C21 robbery. Interesting times, long term holders deserve a good return.
Good news. An amicable arbitration agreement would be a good way forward. PVCS would not get the maximum payout but would get a guaranteed payout and possibly staged over 12 months. Or do what jagee says and get the co to buy PVCS. This share should not drop in price from here. (famous last words!!) GL buyers and long term holders.
net cash 24 million, market cap 32 million. Not too bad as a future investment? Just showing a break even point with PVCS shares, after years of head under water. Happy that head is now not in the sand, but who knows!
Good progress continues at KCOM. P/E 8.3 wow, yield 3.something I think, cloud based services growing very fast, a very different company from 3-5 years ago. I like it. At least very fair value and maybe even a strong buy. The future I think looks very good. It will be gobbled up one day, based on growth potential, customer base, inc. HMRC, Good luck with this investment and dividend. Like all tel co's and ip' co's they can't get it right for every customer in every area but KCOM do well, (from an observer in the midlands!)
to go with all the concerns re GDL. No RNS to say 'there is no reason for the price drop' it would have been good to have that on Friday. If only we had some insight!
still holding! Still hoping and believing. One day perhaps we will hit gas, little point in me selling as I have to hope that one day the ducks will all line up and GDL will reward our patience. I think there is a good chance as Essar want work done this year, China needs us. Can't go wrong!! Ok that is the positive side - my ears are closed to the longer list of negative aspects - I know most of them so no need for clever clogs Jacko or his reincarnation to tell us all over again! Our nocturnal friend is right - still here and still hoping for a miracle. GL all.
Much more gas is needed in India, pivitol few months for GDL in India, If all goes according to plan more work will follow. If the Essar contract stalls things will slow down for GDL. China will be big but we need the ducks to fall into line PDQ in both countries. The recent share price is positive and gives some confidence but action is what will give consistency to an upwards momentum. GL all.
not a bad close of play price. I have no fixed info. re future contracts, we have the history of cancelled work or at best contracts shelved, if not cancelled. However a business is about the future not the past. We have the rigs, two having been moved to start drilling in India, China has an absolute need for gas and GDG has a foothold there. I now can't find a reason to sell any of my shares at a loss, as I still hope the future is above today's price. Constantly reading trions negative posts, although he states he holds shares, gets me constantly reflecting on my options - buy, sell or hold. so trion has some uses, but I guess they are limited in real life!!
Lots of sells but the spread has narrowed or appears to have done. Keep the faith. Or at least fingers crossed.
Two interesting trades to finish off the day! Anyone going to own up to them? Perhaps someone in India has seen two green monsters rolling past their front door and has taken a punt - or perhaps a genuine purchaser. Any thoughts? Even so perhaps this will move again on Monday. That is a nice thought to finish the week on. Have a good week end everyone.
Good steady upwards progress with PVCS share price, a reward for long term holders?! yes still with head below water and dreaming of good times to come!! Quiet on this board!
Just looked in to see the news - if any! I was surprised to see how many shares in C21 have been sold over the last couple of weeks. Assuming they all were sells that is. I havn't noticed an RNs to see if it is a BOD member, so who has been trading so many shares. Mr Robinson is on the BOD of TRAK8 as well as C21 and I assumed one day they would merge but nothing yet on that front. We know C21 is making progress with good contacts for good money but the share price hasn't managed to reflect that yet. Happy holidays all, quite an Easter sell off going on with the markets, I havn't joined in with that fun!!
the 130 k must be a buy
Another good contract, well done C21 plus a number of steady buys this am , one day we will all be rewarded! It's always good to be seen by other parts of the industry to be making progress rather than stagnating. It gives potential clients confidence in the company and may sway them to use c21 rather than a competitor. Good luck long term holders .
Thanks for the info. trion. fingers crossed we pull through and head north at some point in the future. Mr crash not on our side, I wonder what is needed to bring him into a positive mood re. GDL. I suspect nothing but each to our own. AIM shares in general have been poor me over the years - all except one and that one was very good, so I move forwards after lots of research re GDL and 'help' from this BB over the years to a fairly depressed share price and a major paper loss for me - so far. I am sticking with it, so a little bit of cheer from you is good for me! Good luck to you and your share picks.