Member Info for Duggs999

Yes, flying for sure but why?

1. Shorts closing?

2. Tracker funds buying?

3, People in the know buying on the back of soon to be published news?

ITM Power only up 2% so looks to be quite specific to Ceres.

Sadly my view is this is US/Nasdaq related - which is (over)popping to new recent highs. If they drop, well - get your crash helmets on!

We need news from the company - soon!

Probably below the 3.18 as the 50 day moving average, but hoping it will go well above - and stay there. 3.18 will then be support and not the current resistance! GLA

Needs to properly go through the 50 day moving average at 3.18 this time

Share price zooming over last 2 days. Just saw 385,000! shares sold over 6 orders by someone though (just before 9.30am)- interesting.

No one is ramping, just faith in the company. Always could consider selling up and moving on??

Can't find that anywhere. Source?

I think it will also mean buying shares in Ceres Power will be subject to 0.5% stamp duty when they are listed on the main market. At the moment as they are on Aim, they are exempt from this. Please correct me if I am mistaken about this.

Upside reversal today after hitting an intraday 2 month low. Positive news at the AGM to add SP rocket fuel or maybe not?

https://lse.swingtradebot.com/equities/CWR:LSE

Back in at 3.48. Needs some news to get through the 50 day moving average - which is resistance at around 3.70. It could then become a level of support once properly broken.

https://lse.swingtradebot.com/equities/CWR:LSE

We are due one of these soon based on recent years delivered announcements:

Full Year Pre-Close Statement 6 May 2021

Full Year Pre-Close Statement 12 May 2022

Clothing sales still under pressure in April:

https://www.just-style.com/news/uk-retail-sales-increase-in-april-amid-inflationary-pressures/

"In addition, the company said it has identified initial cost savings of more than £35m which have been externally validated. These will be achieved through estate optimisation, logistics and distribution savings, better procurement, and continued range reduction."

https://www.sharecast.com/news/news-and-announcements/superdry-drafts-in-interpath-advisory-to-help-with-cost-cutting--12637012.html

https://www.sharecast.com/news/news-and-announcements/superdry-withdraws-broadly-breakeven-fy-profit-guidance--13007594.html

Keeping it simple, £600m+ annual revenue is high, reported margins of what - circa 50% are good, so surely it is the spiralling and out of control costs that are hurting the company?

Solution, attack the costs (in progress) and increase sales (challenging with cost of living crisis but with inflation set to fall very soon will help).

At under £65m valuation and JD now recently increasing his stake to over 25% I am happy with the risk/reward here. GLA

Seems quite a balanced piece:

https://www.retailgazette.co.uk/blog/2023/05/superdry-wrong/

Back in for 61K shares @78.9p.

Probably still a rocky ride ahead but JD has put many millions into this and has potential to be a good turnaround play as inflation drops in a major way in the coming months and the weather improves. GLA.

I'm out at the 50 day moving average. Purely for technical reasons. Back in if drops a bit though. GLA.

https://www.investorschronicle.co.uk/ideas/2023/05/04/how-to-profit-from-the-energy-transition/

Up day today and resumption of uptrend to £4 anyone?

I'd like SP to settle in that area before any announcement or update to get the full benefit from any news. Only risk is global markets being quite frothy at present and needing to shed a bit of excess.

I don't like the look of this in the FT today: China starts ‘surgical’ retaliation against foreign companies after US-led tech blockade.

https://www.ft.com/content/fc2038d2-3e25-4a3f-b8ca-0ceb5532a1f3

Would they instruct Weichai to hold off on signing the JV?

I hope not.