Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Mate ile never tell people my taarget price, that would be silly.. you have to gage the facts and work it out for yourself!! All depends how long your willing to hold for, the PE on this company is way low but then it does have debt and is un loved, but it could seek profit in 2015... even if they sold up and distributed the money you would see about 1.8p per share!! All for you to decide for yourself... one things for sure you will only guarantee to make money if you buy at the bottom. GLM
ATB with your investments... I'm an in out kinda guy ... never been one to keep a girlfriend for long!!! ;) GL
John surely that is for the market to decide? Just saying!!
If you were in you'd be on the other side of the fence... don't try and get all high and mighty like you are a saint. If i buy a stock and its worth X price then it goes up and its worth X price which i deem over valued then i would sell... as it happens i havn't sold Yet!! Work out the P:E on the numbers... even with 8 milion debt this is still trading at a 85% discount to NAV !!
all good as long as your in first and out on time... don't wanna be late to the party!! That said 2.5 cash, 5 million order book, 15mill assets .... 1.5 mill mcap.. this could easy be over 1p.. un noticed imo!!
mcap - 2.5 cash - 15 million assets - 5 million order book!! I think we will be alrite lol
till after lunch!!
Faaaar to cheap.. this could easy be trading over 1p!!
15 million in assets.. 2.5 million cash... 5.5 million order book and only a 1 million mcap.
Very interesting.. reading back previous RNS's not quite so sure why this is trading so low....
Morning mate.. whats the score here? just tried a couple of trades and can't get a quote.. looking for funding? Mcap still very low.
Back on me radar few days ago and looks like so did a few others lol
Yes I believe Cambridge computing will be involved aswel and these prices will be long gone!! RB - Good luck I hope you get back in also, would be a shame to leave you at the station ;) !! Choo choo GLA
you can be sure of in the markets........... things never happen on time... wouldn't be surprisd to see a lack of news here over the next month or so... entry around the 3's will be on the cards imo. GL
:)
Has barely even got going guys so much more to come here ... LTH for me, rise consolidate is the order of the day!! sit back, feet up, relax and let time take it course... its all good!!
Well said!!!
I completely agree but they arn't securing contracts.. There is no expansion here. They have in the last years managed get through the declining micro economics of china but until they are proving to the market that they are a growing company it won't budge. If they arn't expanding then they arn't worth investing in as you might aswel invest in a decent FTSE250 or alike... this is far better used as a trade buy low sell high until as such a time as things change... My advise to anyone looking in would be wait till it hits the bottom, 2-3.5p buy in and wait for it to move... if you score a contract then you will multibag your money, if it moves like it has today sell up and buy back in on the retrace ... eat sleep, spend, repeat... Solid as they have business... if they don't improve the business then neither will the market improve the SP P.S. Well worth contacting company to see if they are pushing for new business imo. GL
Very good post HChanster ... people often forget the surrounding economics when valuing stocks... overheads being a prime example. It's only worth what people are prepared to pay... Investors COULD end up with something but certainly far from guaranteed, pi's are the bottom of the food chain in situations like this!
John.. i've been in and out of this for about 2 years.. buy at 3p and 5.5p is not a bad price to sell at... it went to 13p 1.5 years ago from 2p. Nothing has changed on last results so i expect it will drift back down till they either secure more contracts or release more results... but they are showing signs of improvement.