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Boyo, interesting to read your thoughts on active trading of long term shareholdings vice the more hands off, buy and hold approach.
Whilst I fully accept that you and a few others might be able to trade profitably in this way, I’d have thought there must be an equal or greater number who sell and buy at the wrong time so would be better off just holding (I would count myself in the latter group - I sold here at 2450 but wouldn’t buy back in again til sub 2150 ish so am currently invested elsewhere).
Traditionally I thought the attraction of Shell was buy, forget and just take the nice dividends (when shell did good dividends).
EQT have just refinanced (well sold 95%) of one of their plants with an immediate 20% impact on share price. And that was without a top 5 investment bank!
Just goes to show what a bit of external money and finance certainty can do for AIM companies.
Come on top 5 investment bank, do the same for VLS. Please.
Simms never reads the detail, just looks at the headlines and types his first impression!
As for “whinger” comments, I’m also invested with about £10ks worth of purchase costs at an average of about 0.9p.
This nice bounce (although 25% of not much is still not much) is due to exactly what we have been asking for: finances to be sorted, projects progressed and markets kept up to date.
Let’s see it replicated across other projects please.
Pixie - BA are not a partner, they merely signed a non-binding offtake agreement years ago.
All airlines will want SAF but they will want it in large quantities, preferably produced locally and supply needs to be reliable.
Can anyone honestly say that VLS are in a position to guarantee any of this at present? Hence the lack of investment / partners.
Bechtel are just a sub contractor at present.
VH - the Company were asked about finances, timelines and all sorts of other items of PI interest at the Investor Meeting. They dodged, prevaricated or generalised about all of them. They aren't interested in giving honest answers at present.
Your aspiration is laudable but impractical at the moment.
Their view was the CFO is ace, worth every penny of his salary and could easily get more elsewhere and would be a great loss if he left. (Perhaps he has photos of DP in a compromising position) . They aren't going to rock the well paid boat and don't care about investors.
Simms, you’ve changed your tune from early May when you were assuring everyone that EQT had plenty of cash to fund all their projects for 12 months, finances were great and we’d soon be at 1p per share!
Have you learned to read or just lost your rose tinted glasses?
Guess that was Friday’s 86.3 average so they’re in profit already. Buying under 90p seems wise to me.
VH - how’s that backing the Board to deliver going today? Seems it’s just you on that point of view and the rest of the market against.
Positive thinking might be good for self help classes but it isn’t much of an investment strategy.
Global. No answers cos nobody knows. If VLS knew they might have told investors at the meeting!
The market for SAF will be enormous, that’s never been in question. The question has always been can VLS get their ducks in a row to be part of it?
No evidence to suggest Yes seen so far.
They recommenced buybacks on 28th June, got share price moving up so ceased. Yesterday was chaos all over the market, not just a DEC fall.
As others have said, BBs to underpin share price are understandable but if not required then there are better ways to spend the money. Let’s wait for an RNS to see if they tried again yesterday - but understandable if they wait until today when the market might be a bit more logic (rather than fear) driven.
They’ve had cash and other targets for 12 months. They just can’t get anything done. Guess any potential sellers know G are desperate and bump up prices accordingly.
Not sure I see any catalyst for Share price other than pipeline opening and a generous new deal from Baghdad (KRG owe us about £120mn - don’t hold out much hope of getting that or a penny from arbitration).
Chilling your points are valid but there’s also a big impact on share price from confidence and trust in AIM.
If the dilution / fund raises are forecast, well executed and everyone can see the benefit - I wouldn’t be worried. Surprise raises just after “everything is alright” type statements cause the jitters. Failure to meet financial targets or project dates also lead to lack of trust and hence confidence.
Poor forecasting, duplicitous statements and failure to meet self imposed project timelines have all helped drive share price lower for what should be a great business model.
A nice rise up over last week or so following the divestment RNS, albeit on smallish volumes.
Hopefully a couple of bigger investments following lots of positive commentary and a resumption of BBs will continue the gradual rise upwards.
I persuaded my girlfriend to spend £30k from her SIpp on DEC last THursday - so I'm looking like a financial genius. (Not sure if she is aware my holding has dropped since not selling from high 130s - but average now only just over a £1. Trailing stop loss on hers.
You can find the most highly paid director and they said they did get some performance related pay but wouldn't discuss it.
It was very much that we benchmark against companies with similar market caps (despite the fact that EQT's has fallen from £100Mn at the benchmark to a 5th of that) and we can all earn loads more with our success strewn CVs (OK, I made the last bit up)!
If it gets us CLNs at zero interest and exposes us to more investors I'd say its got to be a good thing.
Will likely end in more dilution though - but hey half of something is better then all of nearly nothing.
TTA - I run a safety consultancy company and charge out at £600 per day plus VAT.
I don't mind saying and you're not paying my wages!
Anyone I contract for wants to know exactly how much they're paying me or sub-contractors - understandably.
Interestingly, I'm just watching VLS Investor Presentation - almost exactly the same avoidance by BoD as their share price tanks.
Inappropriate to discuss directors' pay. Nicely condescending!
We can't tell you who or when but there are loads of people waiting to invest! Optimistic and barely credible.