End November SP...4 Nov 2025 08:17
Ok, another bit of light fun, that doesn't make any difference to where the SP is come the end of the month. o
as previously mentioned VOD do a weekly one.
Like last month, I have gone back and forward in my mind as there are quite a lot of 'traders' having fun with the 10-15% up and downs - which for a trader is great to dip in and out and make money.
Which is obviously what they do, and looking at the last couple of months alone I have not doubt that a 40-50% profit could have been had every couple weeks
However, I'm not a trader and have my own timeline, which can change through circumstances but I bought end of last year and aim to hold for another couple at least.
So the range the traders seem to be moving in now is mid 70's to mid 80's - which may not change unless of course some major news drops during the next few weeks. I think once we get into December, any news could well be pushed into the new year.
Meaning - to me at least - that with news it'll be more like a 87p - 96p range - I can't see it break through a £1 - unless it's more than one event + confirmation of a couple of broker re-rates 1.15p - 125p
So overall I will be conservative and plump for: 83.37p for end of Nov - but will not be surprised if it ends up 88.87p with some positive news.
It's funny, I hear a lot say CERES is doing so well - huge uplift etc. and we're such a better company etc. now whether that's true or not, for me it illustrates there must be some 'overhang' from the historic actions/in-actions of the Company - especially pre-Dennis. So, we probably need to show much more than your average company in the eyes of the Market - probably still smarting over the £4 a share, £6 p/share broker expectations. On the plus side - once the penny does drop and orders start to fly in - which I have no doubt will - the SP could accelerate to 2,3-fold over a 18-24 month period.
Guys, as I say a little fun - have a great day and always remember: DYOR buy, sell or hold to your own, not mine or anyone else's timeline/circumstances.
Jim
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