Member Info for EyeQ

Apollokeith. The point is to make money, usually. The share price can go up or down. You need to sell when the share price is higher than when you bought it, or just buy and receive a dividend payment. Good luck!

Noggers, have you sold now that the price is back where it was this morning?!

It was well over 200 just over 2 months ago, which is no time at all. Nothing has changed since then, there just haven't been any new announcements, and a continuing apathy towards the sector. It's likely that, at some point, there will be a new deal announced and that confidence/ interest in the sector will return, but when is anyone's guess, and it course nothing is guaranteed.

Things can change quickly with good news or a change of market sentiment. I'm not expecting or predicting that, but it is a possibility - just as the share price falling further or staying roughly the same are possibilities. As others have said, even the professional analysts cannot agree where Ceres should be and so what chance do us private investors have of accurately predicting the share price. It was always a gamble, but the longer you hold out, the more chance you have of catching some good news or a change in the market which results in the share price heading up (but also exposes you to the risk of it declining further).

I can't deny, it's very disappointing to see the share price heading back to where it was before the Delta deal, helped along by shortest it seems, but I will maintain my position of holding for the long term. I have way too many shares as a % of my portfolio, which was my mistake - like others I got carried away, but I've pretty much written the money off in my head which makes it slightly easier to deal with and less anxiety-inducing. It's only money after all and there are more important things in life.

Cobblers ;)

Yes, but your 70% loss is guaranteed. Those who are prepared to sit and wait still have an excellent chance of recovering more of their losses and, potentially even of a profit in the future.

I too bought some at almost 1000p. I averaged down numerous times but am still a long way underwater. Prepared to play the long game though. Of course, I could end up with nothing, or less than I have on paper today, but in my opinion it's a risk worth taking given Ceres' tech.

The share price was 300p just 3 months ago and fundamentally nothing has changed. With a change of sentiment towards the sector or news about the JV, this could be back at 300p in very little time. If neither of those things happen, or there is no other business secured, then clearly not.

Constructivenews,

So the share price drops at the same time every day because Weichei may have decided to go elsewhere? That doesn't make any sense, unless of course you're just trying to shoehorn speculative negativity into your reply.

Constructivenews, so what's the miracle that happened towards the close which caused the share price to rise over 10% since your post?! I doubt all those buys going in are due to confidence completely evaporating... More like because sensible investors are gobbling up all the cheap shares sold by those who panicked this morning. Those who sold at 135-150 will be sick when they see the closing price.

Noggers, based on your post yesterday then predicting the fall and previous posts bemoaning that you could have taken advantage of the share price fluctuations and bagged yourself thousands of pounds, I presume you sold yesterday and bought back in this morning?

Crazy to sell now in my opinion. Whilst I understand the fear, to sell on perceived bad news like this is one of the best and quickest ways to lose money. With a stock like Ceres, you need to have a thicker skin and be very patient if you want a chance at the rewards. Yes, there is risk, but we all knew the JV and other agreements could be delayed until next year. They would have to tell us if it was looking less likely or was off, and they haven't. It's also unlikely in my opinion the technology will be stolen, the Ceres license fee will be easily affordable to the likes of Weichei and they would risk losing future business with foreign technology firms, plus don't forget Bosch are also a partner in that JV, not just Weichei.

Noggers

Fair enough and quite right, each to their own. Based on what you said, if you're not in for the long haul and don't want to see your investment fall day after day (who does?!), is there a reason why you wouldn't set a stop loss?

Noggers

It seems unlikely at the moment, in the midst of all the doom and gloom, but the share price has been that high before based on potential in a far more buoyant market. If you think green hydrogen and Ceres are not going to become a necessary and hugely in-demand technology, then it probably is best to sell at a loss. If, however you believe the opposite, are prepared to wait for more buoyant times and better sentiment towards the sector, then personally I think its a terrible time to sell. Yes, the share price could go lower and give us all a worse paper loss, but it's only a problem if you constantly worry about it or sell. As others have said, Ceres is a long play, there is some risk as always, but it's likely the good times will return eventually and I see no current reason why the share price cannot eventually return to or exceed previous highs with time.

Noggers, understood and no-one can pretend what you say is not a possibility. But, in my opinion it is more likely than not that the share price will at some point be significantly higher than it is today. I'm confident, as it's human nature, that people don't post up the times they get their money back or make a profit years after an investment decision, but they do post up when they're anxious, frustrated, angry etc, when things are looking grim.

It does, of course, also depend on the timescale you're prepared to hold on for. I'm just not thinking about selling. I've made my decision to invest and unless something fundamental changes then I'm in for the long haul. If the share price drops to a penny or Ceres goes bust, then I'll be upset for a few days then move on. If I constantly thought about selling when things are like this, then eventually I'd give in to myself and sell at a loss.

You have to ask yourself what has changed since you invested in the share. If it's simply that the share price is volatile and has dropped, then in my opinion there is no reason to sell the share other than the fear of losing money. It's exactly that reason which often loses private investors large amounts of money. In my opinion it's crazy to sell at a loss now, although I do understand the pull of that fear. In my opinion this share will look incredibly cheap at these prices at some point over the next few years, but patience will be required.

Yes, I'm in the same boat. I've already got more than enough and although tempting at this price, adding a few more won't make much difference to me in the whole scheme of things. It's a long way back to the price of those I bought at 980p but have averaged down and traded at times. Happy to wait as long as it takes, I'm still confident the JV will happen and, even if it doesn't I'm confident that Ceres have a good enough business to secure plenty more orders in due course.

In short, no. Ceres have done all their bit, just waiting for Bosch and Weichai to finalise their part as far as I know. The announcement could be imminent, later this year, beyond, or never...

Again it all depends if you're in this to try and make short terms gains or whether you're invested longer term. Of course I hope the JV will be signed today but I won't worry if it isn't, in fact I won't worry if it isn't ever - I'm invested because I am convinced Ceres have some tech which will become hugely in demand at some point in the coming years and that lots of contracts will be secured - some will happen, others will fall through. The share price might drop after results, who knows. If it does, as we've seen before, it can make up ground very quickly with good news too. Those wanting big profits on their shares tomorrow might be disappointed but I believe in the long term there will be rewards for those who are patient. It's very easy to get obsessed with the daily ups and downs but it really is better to think longer term. You can still decide to take profits shorter term if they present themselves.

"Tomorrow morning or Thursday imo."

I hope so too, but is there anything making you say this other than just a hunch? Or is this just ramping to counter Phat's blatant deramping?

"JV landing next week."

Do you have a source for that?

That was in response to Phat...