Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Now that is interesting... could they know something else we don't know?
£5 a share... How much does Branson charge for a flight in his spaceship? I'm just thinking by that point he'll probably have DMS and be doing runs to the Nightclub in Moon Base!
DR777
I have to say I am one of those who can't deal with odd numbers of shares... for the quick maths and a small touch of OCD, I always try to get a round number of shares.
Absolutely with you 100%. I doubt I'll buy an AIM share again after this.
Other holdings up considerably last week on main markets.
It all makes little sense to me.
If you're a PI and you've done your research, why would you bail at this point? Chances are you've been in the share long enough to know there is absolutely massive upside potential. Ditto for any big institutions. They might buy more lower on a fundraise and sell out at the first opportunity for a quick profit, but why sell now?
The spread betting theory is an interesting one and I can see to a degree how a bunch of positions closing, leveraged to the max on the equivalent of what, half a million or a million shares (5k or 10k a point) would see the price take a hit, which in turn might hit stops, spook the regular share holders and lead to a downward spiral... To keep £10k a point open would require £30k-ish.
I'm just not sure how many people would be that gung ho and if it would be enough to cause a drop of that size.
One things for sure, clarity is needed and FAST!
A big seller here on SEE... wish that wasn't a familiar story!
It is quite literally one broker that is pushing the price down but ADVFN showing some nice chunky buys coming through. Not that they'll undo the crush of the last few days mind you.
Thanks for that Red!
And yet surprisingly quiet on the DMS front are they not? Unless I've missed something.
Stranger things have happened...
Well, Peugeot mentioning FCA in that regard anyway...
Apparently looking into a merger!
https://www.reuters.com/article/us-fiatchrysler-m-a-psa-idUSKCN1R01CS?utm_campaign=trueAnthem:+Trending+Content&utm_content=5c90ef1f3ed3f00001632e7f&utm_medium=trueAnthem&utm_source=twitter
Don't worry about that Steve, tortoise and hare.
Being a drummer I occasionally feel a little like Christian Bale in the Big Short and have recently discovered a fondness for Swedish Metal, but then I listen to The Cat Empire and all feels a little better again...
The more this number kicks on the more confident I am. Firstly because it suggests the fleet issue has been resolved and secondly because that in return means cash coming in.
Combine that with who knows what figure from BdMS and aviation and this funding gap may be very small or non existent and the last few days just will just have been MM's playing on the uncertainty.
The big expenses have been paid remember... such as buildings and the heavy R&D. If it's for staff to carry out the order book then GREAT! Let's plough ahead as fast and effectively as possible and prove we can deliver.
As with Brexit, uncertainty is the major problem. Once we know for sure (even if there is a fundraise) it'll be priced in, with updated figures and outlook at which point anyone on the sidelines waiting will take their position.
Dropping in at 4.5p is MUCH better than dropping it in at 5.5p. Who wouldn't wait if they weren't already invested?
The flip side is once that is clarified and especially on a not catastrophic update (as is now seemingly expected) the price will bounce and I personally feel pretty hard as well. We have great tech, legislation lighting a fire under auto and diversification across sectors which has helped us seemingly develop an edge over the competition.
I don't expect SEE will win everything in auto but even fag packet maths says 5p is bonkers before you even consider the rest.
Did anyone email Sophie and ask about the date?
My dinner was a tin of John West sardines in tomato sauce. And they were from the Brexit No Deal supply chest!
Not everything, but a sizeable chunk.
Incredibly frustrating though it is, I'm taking the delay in news as a sign there could be some nice surprises, perhaps a contract announcement to boot.
There has been some amazing research by regular posters and I thank you all for that as you have certainly helped me to override my feelings of frustration at the SP and hold when the pressure is on.
It seems recently that Fleet is at least picking up steam again, this is a massive plus and I hope we will have confirmation in the results.
We also know aviation is starting to gain some traction and auto is about to blow. Confirmed contracts with serious players, which is a solid tick in the "buy and hold" column.
I was watching posts on ADVFN before but never joined in. There's somewhat of a "Band of Brothers" vibe over here, and I hope in a couple of years time, everyone will be in a much better place!
I did get a little miffed over the fleet debacle, it stung! But if they corner the market for auto we will all be sat here calling them flipping legends by 2021... well, actually I plan to buy a yacht and bugger off around the world, researching and trading via sat-phone in the sun, but you know what I mean.
It would be nice to wake up tomorrow morning, open the news tab and actually have some news though....
It is baffling to me how many sells are going through... it's like people bought on a whim and have no idea about what they are sitting on!
I think the market has finished punishing SEE as it were, but it's still jilted enough to hold off getting back into bed until the question of funding is resolved.
Once bitten, twice shy...
And from a technical perspective; we have had a couple of higher lows, broken through resistance around 5.16p which will hopefully now act as support and also, the 50 day moving average is about to cross the 100 day moving average.
Basically, the technical and fundamental now both say good things ahead.
https://ibb.co/XpkBYnM