Member Info for faramog

700K .. really ?

RNS puts an upbeat slant, but the difference between gross return range and expected range (after fees & bad debt) seems large. A post from a day or two ago I think mentioned (or at least reminded me) about risk/return. I used to get 7%+ net, now its more like 4.5%. Yes, still OK, but does seem that there is not much of risk premium now.

Anyway, small token amounts in our two accounts and attempting to sell out my mum's ... she needs lower risk.

I don't subscribe to the 'bankrupt by breakfast' thoughts. Economically the world cycle is changing. The rate of US grown is under pressure (look at the Fed hinting of more QE) and the UK has this current uncertainty ... for me its the risk premium not being there right now and with effectively low rates of net return I am not sure how FC will improve.

The downward SP has rather more to do with the absurd float valuation.. just rating down as a result (along with lower growth forecasts and stated headwinds)

Alfa, more solar cells are not free energy, the cost is the capital... however, with a bit more capital a cheap electrolysis plant could be built taking the excess electricity and making (albeit a not pure) hydrogen.... useful to run a backup generator for the winter perhaps.... why waste it !

should be more now and in H2 with upgraded production along with Vanchem ... rather better :-)

Bassguy .. rather the point Expert is surely making ... it is a conundrum

exactly Sanchez .. @Vijay .. if you bough Long, you Bought strong ... I no longer keep a close tab on SP.. only when it starts to rapidly rise (as it will) am I going to get excited again... right now it is just a wait

Wanna know why it will rise rapidly ? .... add last years profit to this years projected profit and you don't get that far away from the current mcap. No company making oodles of cashs with no debt does not re-rate when suddenly the great overpaid bolly swiggers spot it.

Chill

zccax77 ... spot on .

I invested (lending) over 5 years ago and have had zero issues. Defaults well within the tolerance levels. Loss & cost return knocking 7% as well. I sold out mine & my wifes holding autumn last year for another need, but looked recently to be horrified about my mums investment.. Default and late payments are through the roof and all post IPO .... owners really cashing out before the s**t-storm ?

There is a 60day(ish) wait for selling and I expect defaults to rise, but mum has had a lot of interest so overall, could come out just about ahead, but it would not surprise me to loose the lot.

Conversely, not seen an issue with Zopa and Ratesetter as they both have a redemption fund (Zopa a couple of years ago) and are more geared to private individuals. In fact, had to sell a large RS lump and that took less than 24 hours.

I read the IPO when it came out and was shocked how many people though 'great investment' ... no way

lets not forget shipments may not be in the same proprtion. Some stockpiling for the weeks of shutdown will undoubtably taken place.

It is H2 when we should expect output to rapidly increase

Thanks Paludina ... I only watch a few F1 meets - the ones that are actual races ... Austria is always good and with Leclerc on fire and Lewis having to fight a bit, should be a corker

cc.... I just said did understand what you were 'musing'... appears I am not alone... can you clarify.... all views good (except trolls)

why is d i c k h e a d filtered.... so to be clear... bog off RedSock d i c k h e a d

well RedSock... Gr33ning68 got it right

well RedSock********... Gr33ning68 got it right

not actually sure what your point is hear CC ? ... Expert was asking (again) the why's of where this large deficit is as price is clearly not reflecting in.

I must be missing something

With so much capital required over the next 2 years for development, using free cash to buy back shares would show an amazing lack of ambition ... really ! Any SP / shorter effect would be transitory at best.

I am not in favour of any buy back

lots of shorts to close....

yes Pdub ... they told me they don't put minor votes on corporate action for us to 'click'...

share buybacks often happen when an SP is stagnant and the BoD don't want to give a special it seems to me. I see no purpose for it at all in Bushvelds case. It is in year 2 of real profit and accelerating... re-invest the money in new plant and upgrades.

As happened during previous dilutions, the unlocking effect was significant. If there is a dilution to create 111M odd shares (which I think the BoD has approval for already with unused share issue authorisations), that is ample to stimulate JSE interest. The 10% dilution (for example) would raise 25-30M .. a very useful sum for all the capital projects and if it unlocks the SP to its next peak (see previous Elliot posts) then great.

I find the talk of share issue and Takeover is just noise ... focus on the real prize in 2-3 years time... a multi-Billion pound company

well put SotRR ..... on the scale of risky to 'regard investment as sunk money' .. any investment now is on the sunk bit. Anyone putting money in now is just rolling the dice on a table.

That 10M will just disappear down the back pockets of directors as there is nothing that says they can/will deliver any more than they already have (ie not a lot).

The company is just too late, too small and has too little capital behind it to make a successful market penetration ... remember... the 10M is to cover until November. Even a sale today would not roll out until next year will planning, site prep, manufacture etc

no .. at the time the big struggle was getting anyone to commit to buying - there was simply no data to say they worked. At the time, there was much debate on the RED board that a couple or more machines should be effectively loaned/given (whatever) into target commercial sites for real data. The upside for those sites was if it worked, they gained financially.

No one takes expensive new technology without a measure of data to suggest it will work. RED's problem all along has not been the mythical efficiency of gen 3 over gen 2, but that there was no real data to support a long term operational benefit.

In the end, I doubt I am alone in getting fed up that instead of installing a couple of machines, the money instead went to pay the ego of the CEO.

It is all too late now for RED - I see them as just doomed, too small, too late

and Alfa their utter refusal to install free machines with fun raise proceeds to demo capability and get real market data.... almost like they had something to hide