Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
For those people looking to see 1800 in the next 3 months I think your mistaken. The USA is waking up to the fact companies like Tesla/Apple are bubble like (really FFS how slow?) which in turn will turn the attention to the tech stock area and indirectly the S&P 500 / DOW which will have knock on effects to the larger global markets of which RDSB is on. This is no crash, just a correction to bring stock valuations down to a more realistic measure. If you don't believe me look how a $1.9T stimulus pay-out in the USA has hardly moved the market, why do you think this is?
i would expect to see 1350 shortly before going back up to 1500 in 2 to 3 months.
There is a gap at 1305.
A bit far for a hopeful fill, but you never know
The Dow is going up due to $2,000,000,000,000 support package biden has just got through. Now he is on about spending a further $2t on infrastructure. This money will probably end up in the stock market bubble, and it is a bubble. Inflation is starting to raise its head indicating that interest rates may have to rise like it did in the 1980's. Time will tell, even buffet pointed this out at the weekend.
I own shares in Bab**** and bought at just under 200p
The rights issue story is also in many other publications and before investment i saw that Babs had more than a significant debt mountain (£1.8b). In addition they just got rid of PWC as their auditor and have the results of a accounting inquiry to conclude in May. I suspect that the departure of PWC is related and questions are being asked as to why it was not picked up sooner. PWC have been involved in many accounting scandals in the last 5 years (Redcentric scandal fined PWC £6.5m, Wirecard Scandal, Age Discrimination case Rabin v PWC, Tesco Italian scandal & Banco Santander Mexico scandal to name a few)
I would not be surprised to see a rights issue in May as i doubt so many publications would run the same story if it were false due to UK strict libel laws. They have £1.2b debt which is an increase of about £336m in the past 5 months and their earnings are barely covering the interest payments on the debt, never mind paying it back. Covid19 has hurt this company and it will take time to get back to speed despite having gained some new contracts.
Fusion98
Bought 1286
Sold 1415
Gap at 1305 to buy back
When oil reached high values fracking in the USA exploded reducing the percentage of market for the Arabs, which in turn made them turn the taps on to regain market share, which reduced the price considerably then covid hit. If the price of oil goes to $80 to $90 dollars the same thing will occur only this time it will benefit renewable energy and cars reducing market share for oil products.
People are still dying, people in the UK are not yet back at work meaning redundancies have not yet hit the market. I see oil remaining between $50 and $70 for this year based on my personal opinion.
Good luck with your investments, I could be wrong.
lol
Pastyc, oil is NOT going to hit $80/$90 by summer, stop posting rubbish
Unilever is a good company that has been slightly hit by Covid and the market has over reacted.
Bought £20k with a target price between 4700 and 4800
Probably take 12 months
Fusion98
out at 294.
11.6% profit in 14 days.
A profit is a profit
Will set limit order to buy at 263
Fusion98
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entry price of 260.5 with an exit target of 300p or close to it.
Anywhere between 6 days and 6 months. No one can tell in these crazy markets.
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Fusion98, re your 300p target, over what timescale?
entry price of 260.5 with an exit target of 300p or close to it.
For those LTI getting worried, please read this article.
https://kalkinemedia.com/uk/stocks/industrial/what-led-to-a-sudden-fall-in-bab****-lon-bab-shares
The new CEO David Lockwood has only been in the job 5 minutes and already hired a raft of new people in top jobs. The lack of a report into final year results is spooking some investors but its normal for any new boss to blame all the faults on the last one, so i would expect Q4 results to be quite poor despite it being the highest in regards to revenue. This in turn may lower the price however once its out the way everything else is gravy. The aviation industry is starting to come back and Easyjet have reported a 250% increase in sales for this year. Covid is not over but the world is waking up to the fact its not going to end. Give this share another 6 months and it will have recovered from the current price. On the bright side debt has been reduced by £255m in the last 12 months and i am sure this is one item on the new CEO's desk to sort out.
1000 units just shy of £2 for a recovery play. Yes the company has a shed load of debt, but its not due yet. Yes its sales have been hit by Covid19 but the recovery in the aviation market is starting to occur. It has 5 warships to build for the Gov and while its trading update results in "need to do better" review I think the fundamentals of this company can be used in better ways, hopefully so can the Board of Directors.
True, but a profit is a profit and i had fish to fry else where.
I will be back in later, this shares trading range hasn't yet been broken with any gusto, i will probably have to wait until after results though.
I sold this morning at 1400 making over £2500 profit. Personally i see a minor fall back followed by some possible stagnation for a short while until Bidens announcement are complete and the market finds out which direction he is going in regarding oil.
I could be wrong, and if so i wish you all well in the future rise.
One thing I think is for certain, by the end of the year this will be above £16 per share.
Last reply, stop posting my name i won't be replying any more
1) Am I APfindley - no, i have one account and FUSION98 has been used as my Monika for many things. Multiple login accounts are for sad people who wish to reinforce their own mind track with self congratulations, a bit like the orange clown in the USA who talks about himself in the 3rd person.
2) Why do the drawdown and/or why the RNS if GCM is not going to relist?
The RNS is a legal requirement as they are only suspended they still have to comply until delisted
If a company only has £300k its not enough to relist and continue as it will be a short period until the process is repeated.
Look at the type of loan that POLO provided to GCM and then google "company creditors priority", its below to make it easier.
If a company goes into liquidation, all of its assets are distributed to its creditors. Secured creditors are first in line. Next are unsecured creditors, including employees who are owed money. Stockholders are paid last
peace out
Fusion98