Member Info for HotChip

Good to see the drop correcting a little. I guess PIs there have had an extra day to mull over things before taking action, if any. Let's see a further correction over the coming week as thoughts turn to Canadian production results supported by divis and away from the Serenity news which will be all forgotten about soon imo.

DYOR

Not surprising tbh. May get a small upward correction later....

DYOR

If you just think of this as a Canadian operator with plenty of upside and monthly dividends and ignore the NS part whilst it sits there in the background, imo it will be fine. If you keep thinking of what may have been with Serenity, then this may not be the right stock for you to invest in.

DYOR

Thankfully we haven't dropped as much as EOG which at one point was at least 50% down but recovered to c.38% down. Most of the risk was on them imo.

DYOR

Quite a big drop, but not as a much as I thought and recovery to some extent already.

Auction in place right now, let's see how much this will drop unfortunately.

Agreed. The tap hasn't been turned off of Canada - this is where out profits and divis are coming from and will continue. Nothing has changed in this regard, so should be BAU.

Those investors who purely bought in believing on the potential upside of Serenity may be disappointed and sell today, and these shares will play until the hands of LTH at discounted prices as far as I am concerned which is good news.

DYOR

Remember, there is a bank holiday in Canada today so no trading on ITX. Will have to wait to see impact (if any) on SP there.

There was always a risk this was going to happen, so shouldn't have been a surprise. Would like to see broker notes for update following this news.

DYOR

Focussing completely on Canada is where the focus should and will be. This is where the money is coming from.

DYOR

I hope so Gusto1. And GL to all and here's to positive news over the coming weeks and months ahead.

DYOR

I personally think the SP is ok atm. Having sold out previously at 28p and bought back in sub 23p very recently, the increase in such a short space of time, for me at least, is spot on in terms of return. I'm in a cycle of short-term trading which suits me fine, however, I appreciate for LTS this may well be a different strategy.

DYOR

Not sure what you mean regarding being PR needing to be better. There's nothing to report, the RNSs that need to be out there are out there. Are you expecting presentations to talk about pretty much nothing, with no news to report?

More buys than sells atm, what are you looking at Gusto1?

I believe there will be a sell-down of assets as a result of the OPEC+ announcement for profit-takers rather than a bull-run. Just my opinion though.

DYOR

This is more like it :)

DYOR

Agree, sub 22p would have been great for me, but I'll settle for cub 23p. Given today's SP advancement, I am pleased I jumped back in; looking forward to further increases to the late 20s/early30s over the coming month or so.

Yes, I bought some back at sub 23p. Athough I was a little hesitant that it could go lower than this hence not a significant purchase.

Stop trying to stir things up about insuder trading. That's a serious allegation and you should know better than to even mention that. NOMADs are there for a reason.

DYOR

Climbing to 0.38 today at close. Looking very promising and hopefully translates into upward SP performance on LSE.

DYOR