Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Apologies, it was the 50 day moving average on the daily. Zak brought it to my attention.
https://www.youtube.com/watch?v=P0vucluvXjI
There are so many variables it’s difficult to tell. If the team, in the first instance, can add significant value, without dilution, then I genuinely believe the sky’s the limit because any subsequent dilution would take place at a much higher SP.
It seems fairly obvious that DKE is being utilised, in the JV, as a mechanism to raise the capital required to construct the peaker pipeline. For it’s part, Arlington is supplying the planning approved sites at cost price.
Therefore, yes, 1p+ is possible but it depends on how good DKE’s strategy is and how well they execute it. It all depends on whether they can get the SP higher before they start raising. I expect the reason we are still in limbo is because DKE are trying to finalise the mysterious deal on their website, or something similar.
The SP has been severely lowered on very little volume. It will only take a few buys to recover a lot of the lost ground. The company responded to me yesterday saying that they are working hard on getting things together. Until we hear from DKE next, try not to let fear and speculation dominate your thoughts. It is not a good time for many investors.
In general, the market for growth stocks is really tough at the moment; there is very little liquidity. Also, DKE has shared the same fate as MAST in the sense that, just after the price of gas went volatile last year, their respective share prices have crashed. I imagine investors are selling out of boredom at this level. Patience will be required until DKE agrees terms with a willing funding partner or global sentiment improves.
My opinion, the cost of energy has gone through the roof and people are looking to monetise it. Funds looking for a quick in can do no better than directly investing in DKE, a company with a pipeline of highly profitable gas peaking and battery sites ready for development.
The company has been significantly oversold. The value of the two gas peaking assets combined, according to DKE, is £6m. DKE owns 50% of the assets through the DKE Energy JV. Therefore, should the JV sell the assets (and after the Sanderson note has been repaid), DKE would be left with £2m cash. £2m cash, in my mind, justifies a SP of at least 0.4p (£2m being the market cap at 0.4p).
The Qualcomm/Veoneer/SEE stack will be available in H1 2023. Last time I checked, Continental’s level 2 system will be available in 2022/23. It is likely that other semi-autonomous systems, incorporating SEE tech, will be launched around the same time. Yes, 2023 will be a great year for SEE revenue flow but, with so much news yet to be released, it is inconceivable to think that the SP won’t rise rapidly from here the closer we get to 2023. If enough news flow emerged, I’d expect the FY23 outlook (with the results in 24 months time) to generate a very high forward looking PE ratio... take your pick as to where that would take the SP.
In other words, I’m happy to wait 24 months.
Hi hyms,
I agree, 2024 is not that far away (considering 2021 starts in 2 months) and there will be plenty of other bits of news to enjoy leading up to it.
As I’ve mentioned previously, I’m in this one until it reaches its final destination. I’m convinced SEE is the best precision eye-tracking HMI company in the world and I will enjoy watching the value of my holding grow accordingly over the next 4-6 years.