Member Info for Hardboy

Does anyone know why the recent surge in share price? Volumes not increased noticeably

Thanks to everyone who replied - always good to get views of other shareholders. Reading the Shore Capital note, I would say it's positive rather than negative. But in current markets even the slightest whiff of negative comment can send prices down. Anyway, I added this morning, and since reading your opinions, overall I'm glad I did.

Anyone out there?

Anyone got any thoughts on the interims. I've only glanced through them - need to go back and have a deeper look. They seem to treat capital costs like normal revenue. Gets me confused. (And it doesn't take much.)

Anyone know the reason for the drop this morning?

I saw an article recently (maybe in the FT - maybe in one of the investment mags) which looked at the ESG Credentials of the FTSE100 companies, and BAT were in the top 3.

It seems not. Strange reaction to the results this morning - started the day sliding gradually, but ended one of the biggest risers of the day.

In City AM, Nick Train said he has recently added more ULVR shares as he thinks they look underpriced

Everyone seems to be focussing on the bad news in this morning's RNS. There was some good news. New Categories are about to break even, 2 years ahead of target. That is good going, and the rate it's growing bodes well for the future.

Is probably a more successful investor than anyone on this board, let me remind you of some of his wise words:

If you don’t feel comfortable owning a stock for 10 years, you shouldn’t own in for 10 minutes

The Stock Market is a device for transferring money from the impatient to the patient

Be fearful when others are greedy, be greedy when others are fearful (lot of fear on here at the moment.)

Thought it an apt time to mention them

Some posters are accusing the Chinese of stealing the technology. They do have a habit of doing that, and they may be, but Weichai own a 20% stake in Ceres. It is in their interests that the company is successful

Yes - I tend to agree - the RNS does not change the business outlook one iota. Income may be later than hoped, but detailed licence agreements take time to negotiate. "The Company is engaged in a number of discussions with potential licence partners. An agreement with the most imminent of the new licensees is progressing well." That sounds positive to me.

It would have been nice to get more details of these discussions - I accept confidentiality won't allow them to say who they are with, but geographical location, type of application, things like that would be nice.

The price increase since the interims is (I would have thought) down to the contents of the interims.

All things being equal when the x div day arrives the share price will drop by the value of the dividend.

Overall I was positive on reading the results. Revenues up ahead of inflation, and it does flow through to the bottom line (TO ^ 13.9% EPS ^ 13.4% - I prefer seeing profits growing more than sales, but they are of a similar order.)

Slightly surprised by such a negative reaction, though in the current atmosphere any negatives drive things lower - and a reduction in FY outlook & a softening of B2B demand is enough I guess.

Overall though, happy to hold.

"This China deal has been delayed so many times" -To be fair it's only been delayed once - it's the expected length of the delay which keeps changing.

Whilst we focus on the China deal, I am also very keen to hear more about interest from North America. After Biden's green energy bill, Ceres said there had been a large increase in interest from North America. It would be nice to see an American equivalent of Bosch or Weichai entering the Ceres world.

The Chancellor announced lots of things, one was investing in and industrial hub in the East Midlands. I confess I've not researched it very much, but could this benefit Anpario?

Does anyone know/understand what this Woodsford retail claim is about?

Usually late January - check their website they may have a date.

Long term, it should be good news, provided the business in which we have invested does well. No market reaction as the market does not know if the business will do well.

I thought the update was good too, but markets are so negative at the moment, a company has to improve the outlook (rather than hold it as LUCE have done) to not get a negative reaction.

Agree =- the long term outlook is good - would love to see more international growth.

I wonder if JOM is still reading these posts. He/she was saying this was a poor investment and money would be safer earning 4% in bank savings account.

Up 14% this week.

Admittedly this is from a very low point, but the potential is there.