Member Info for HotChip

All major oil stock are down today 5-8% from what I can see. This is no exception. Fundamentals haven't changed, so suggest ignoring the SP unless you are looking to sell, as the SP is meaningless otherwise.

DYOR

All the big oil stock are down 5-8% today, this is no exception.

DYOR

IMO there is further down to go given bear market turmoil until it settles around the 27-30p mark. And I don't think that it will move upwards much beyond 40p until we come out of this massive market sell-off which you are looking at months if not at least a year.

DYOR

Plenty of cash, it's the large seller that has done this imo. Don't be so worried.

if you have done the right thing and taken profits at the right time, you will be fine.

DYOR

TSSZ - you should know that you must not give investment advice here. At least put 'DYOR' after your comment in future...

DYOR

It's had a massive climb, so a fall isn't unexpected?

One to put in the bottom drawer and revisit in 2-3 years time I think. I wouldn't be following this closely as its going to take time to deliver. I wouldn't expect too much from the board, they do things in their own time and are not focused on the SP, as has been alluded to several times by the board in the recent past.

DYOR

This is a slow-burner. I wouldn't pay much attention to what was planned, as alot of issues / curveballs have been seen with this. One to keep in the bottom drawer and revisit in 2-3 years time I think.

DYOR

Should get an RNS tomorrow confirming July's dividend payment. So far this year, the divi RNS has been on a Wednesday in the first / second week of each month, which makes this one due (hopefully) tomorrow.

DYOR

Looks very promising all round. A good solid well-run business that has great potential going forward.

DYOR

I don't think we needed the RNS to tell us what we already know or suspected anyway...

Great news :)

Excellent news and just what we wanted to hear right now :)

Always expect the unexpected on AIM.

Only worth as much as someone else is prepared to pay for them.

There were plenty of takers at 20p, 80p and now c.50p. It goes up and it comes down, that's how it generally goes. For me, it's all about taking profits and not being greedy.

DYOR

Does CF count buying in at c.27p? Probably wasn't officially the CEO tho...

How do you work that one out then?

I would worry a bit if you are taking one analyst's view i.e. Zak to determine that this is going to soar and therefore have put your money into this. DYOR - Zak merely charts technicals not fundamentals and you should not rely on this. Placement = SP down, simple.

DYOR

Getting everyone on board? Maybe PIs are following the noise/chatter/hype too much on certain companies like this one and purely invest because others are doing so. Not a great strategy imo. And a great price to do a placement tho, you got to give them credit.

I feel for those that bought in at the peak. In this market, you can always expect downside and even more than today's SP imo.

DYOR

Are you intending to sell? Or are you just messing about with dummy trades for fun?

DYOR

SP is just a number at the end of the day, which is only relevant if you absolutely need to sell (or buy) shares at this moment in time. If not, then I recommend not looking at it. SP does not correlate to fundamentals any way. You are just worrying yourself unnecessarily if this is all you are looking at to value a company.

DYOR