The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
They have a habit of promising things, they just don't promise to keep their promises.
Unless i missed something there is no market to sell our shares - either way we have no choice but to wait and see.
All the best Avro
Hey Avro, I would imagine some sort of under the table deal to shift the shares back to groves and co at the earliest possibility. As large companies they probably have an easier time of getting someone to pick up the phone at Sable.
For those of you with a non-ISA holding, you may wish to speak to your tax advisor to consider a Section 24 (negligible value) claim.
ISA is outside the scope of CGT - no charge on gains, no relief on losses
a little over 1.5m (Originally bought in at at 10p) ;(
Plainly speaking there are two options a) Sell at any price before inevitable privatisation b) Hold on to your shares in the private market and hope that if/when the value increase increases you will be able to sell your shares either privately or perhaps even upon admittance to a public trading platform Option b) would of course require much patience, probably 5+ years, however the company potential - Oil, coal, transport certificate, buyout opportunity, remains unaffected by whatever happens in the coming months.
Good call mate
You clearly haven't noticed a guy called Avrohom on this group....
Strong results show company growth and expansion. Revenue and GP increase and net assets higher - one for the future
You want noise? Try SBLM or QPP - they never shut up
That's less still - say 2.6p x 2m = £52k I would assume they would have averaged down a fair amount over the past few months, but who knows :)
The point people are missing is that just 2m shares were sold - or in other words 17% of their total holding. Undoubtedly it was a profitable sell and they have just taken some profit and reduced the risk of holding too long. The mere fact that they sold and yet still hold more than 10m shares speaks for itself. 2m x 3.5p = £70,000 - really nothing to shout about
Abramovitch was just a PR stunt, the guy only bought a few thousand shares. If he was really interested he probably would have paid the £25m mkt cap at that time and even then whats £25m to #146 in the worlds rich list. Abramovitch is the red herring! That said, i see little reason why he won't take a profit once this thing starts sales in US - £100m mkt cap very possible = sp? 40p. Give it a few years yet though.
I have held in here for more than 4 years, seen the ups and downs, averaged down sufficiently. The potential here is unquestionable, however i still have serious reservations regarding management and cashflow. I'm holding here long term, till the end. Either it will be huge, or this one won't make it. For now, the main issue is the figures that keeping meeting expectations but not exceeding them. In this market, it's key to exceed. This runs with news as well, they need to not only hit their targets but exceed them. The delayed US certification last year really hit hard and a long steady come back is my hope here.
Can it be that the share price when Revenue and P+L were half of what it is now 4 years ago cam be the same sp now? Surely the share is undervalued unless investors expect a total collapse of Russian trade.
Korg, i couldn't agree more, but as with everything in the stock market, things rarely do what you expect them to...
The problem with the testing in the US was due to a fault with the Volvo engine the company had brought along, not a fault with the genesis system. There was confusion as the same engine was used for successful testing in the UK. The problem has already been solved and US testing is due to restart any day. They expect to receive certification before the year end.
I still can not understand how the sp has never risen since the May link up with UPS. That deal surely has the potential to be huge! http://www.cleanairpower.com/announcements/successful-exhibit-at-act-expo-2014-in-long-beach-ca