Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Agree with Bobsto, after 50 odd years of observations I have concluded that the average investor is a bit of a chump and the so called professionals who take a rake off of your money if you let them are even worse. I even sacked one once because he was so useless at managing our pension fund's assets. Am I any better? Can't say that I am but at least I use logic and common sense rather than fear and herd behaviour when I am doing some changes.
These things are always due to bad management unless an over-arching situation has occurred such as a Silicon Valley hurricane for example. Remember the RBS meltdown for example of which the main cause was the pompous twat who was supposed to be the CEO
One has to ask what would be the point of such a ramping? The chances of a takeover are remote bearing in mind the size of the company and I doubt if a massive rise in profits is likely in the present circumstances. Also trying to manipulate the SP in order to make a quick buck by some big player would probably come to grief onsidering the number of such investors holding shares at any one time.
I am amused by the way some people write about market movements as if there were som logic behind them whereas anyone who has been around for a while will have observed that such behaviours are largely bonkers. E.g., when Boris got his covid panic started, the SP of this share dropped to well below 30p at one point. Did the sellers imagine that the end of the world was being started by Boris or that Lloyds Bank was close to going out of business simply because some old people were getting killed by a disease?
Bsa, Just to say that have been messing about in the stock markets on and off for years and have no explanation for some of the things people do and say which defy logic, here is a great example:- When Boris's covid panic broke out a whole load of people sold lots of perfectly good shares such that their prices fell seriously. What difference those people imagined having a pile of cash instead of a bag of shares would make to the covid panic I have no idea. No.1 son who is still learning but thinks well decides to buy a bunch of LLoyds for around 30p "because they are so cheap Dad, it can't be right". He is of course absolutely correct and here we are nearly three years later and his little too cheap investment has made well over 60%. As Warren Buffet has often said, don't ever do what the rest of the idiots do in when rest of the market is in a panic. So we have remarks being made that builders will suffer because there is a recession - sounds right but in fact, people hardly ever stop buying new houses.
Questor can talk a load of that but nay sayers need to remember that houses are not like other economic commodities:- Most people will bust a gut to get one no matter what and everyone knows that they nearly always increase in £s over time. So well managed building businesses don't suffer as much as some others do.
"reduced shareholder value by their re-purchase actions." Ahem that is totally illogical EW, if there are less shares on the market dividends per share will increase and therefore the value of the shares will increase. How about reading some economic theory old chap.
Hi BSA, first you need to understand that these are capital transactions and therefore they would not would not account for any "profit" in the profit and loss account which only concerns revenue transactions or impairments of assets. Usually such "differences" are added to the share premium account which is not allowed to be used for dividends without special permission from the Court to whom the company would apply. Oddly enough such an action was carried out by one of my other investments last year and I received a special div as a result, woo hoo! Of course buy backs result in less shares out there to receive divs so all things being equal shareholders get a better yield or the market value increases, sometimes both woo hoo again.
As is often the case alck of sales in Nov, Dec means nothing except that folk prefer to move house after Christmas instead of before. Back in the 70's we saw some horrendous interest rates and inflation but peopel still insisted on buying houses whenever they could (I was one of those buyers) because they knew that almost any house they bought would be more expensive next year. This phenomenum is still happening because there are still not enough houses to buy in the UK. So if you sold Barratt or Persimmon back in December you were wrong as I advised at the time.