Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Down to 5year lows again for no obvious reason relating to 888 specifically. Challenging market as they say but still profitable and dividend paying yet the slope downwards similar to last year is extraordinary. Looks like the sp is determined to hit 129/130 soon before I would like to expect a huge upsurge back to 165 or higher. Any lower and a bid must be forthcoming I reckon
The delay even two days now seems unusual as all have queried. Is it the virus adversley affecting communications? Surely staff based o/s China can takeover and I do believe Chinese banks have phones. A reckless tweet can be addressed swiftly and curtly and as some have also mentioned there has been no denial over the tweet or even an RNS to emphatically deny its content and rumour mongering.
And so I am thinking (doing alot of this whilst waiting to collect my daughter) something IS afoot with CITIC but not the Russian Bank adviser..yet. I also think the RNS that we all await will be published before the Market opens to prevent more volatility......perhaps before this weekend to prevent another bored Bank employee to hit the keyboards..maybe
My pennies worth is that (as others have mooted) the Hammond tweet has caught both EUA and their Nomad off guard. As a result speculation last Sunday amn Monday saw the sp rise by 1p before gradually dropping off as no RNS materialised to confirm the 'tweet'
Once again EUA have had to discuss the relationship with CITIC (only it appears) re fees engagement letters and or overall asset strategy.
Clearly there are external interested parties sniffing around but I think its too early for any bids or t/o speculation because EUA are obliged to inform the market first thing on Monday.
Im thinking the next RNS will (discounting any random warrants) will either be CITIC being dumped for one reason or an other or the above o/s matters have been addressed and agreed as a specific asset is being considered to be sold upon completion of dd along with the covering caveat may or may not happen
The only downer I can think of is whether the tweet is a scam or other illegal practice but that wont affect EUA market worth and so may provide an opportunity to buy lower due to an irrational kneejerk as the sp drops momentarily should that be the case.
All guesses but its exciting
Hopefully now if we end day at new high and tomorrow continues then definitely but sometimes the sp falls back to dump a few more thousand into the Market before the rise continues. So I am delaying any top ups until a magic price is reached and passed. Not telling the MMs
All plausible reasons already mentioned {tho' Im ruling out any fraudulent misdeameanours) but leaning towards a premium bid or even a healthy priced but partial t/o. However if its a low ball bid that is no reason to suspend the share (see CEY of late) and if the Board disapprove they would have to RNS the details first thing but as I understand it not suspend share dealings (as per 888 and many others).
Seems to me it is a proposition that requires Board approval and discussion with other parties before details are made public
I can only recall GKP, HUR and a long time ago Burren Energy and QXL and CMR starting the day in single pence but ending five/ten times more after imparting news. So its possible those dreams we have mentioned today do happen but its rare.
Ive been happy buying and selling these from the 2p days up to now albeit still have a reasonable but not life changing holding here. Interesting few hours remain good luck all holders!
Ive sold this morning due to the very fact no good news expected in the very short term. The CEO appointment may come but I have a nagging feeling interviews and head hunting will still be going on after the 12/3. Absolute debacle here but plenty of time to see where this company will go in my opinion so that if need be I can jump in again as even 60/70p is cheap if matters turn positive...maybe
A very brief flirt into the 1.38/1.39 region last week and now a pretty quick return to the 1.33 region. I am still (hoping) convinced the sp will suddenly go north at some point reasonably soon but the shorts are still active I think and seeking sellers still.
What are the Directors doing here for their shareholders as the sp languishes ay such pathetic lows. Maybe a huge iceberg sell still being pushed through by the departed director doing the damage?
Im pretty convinced this drop is targeted solely on 888 as other gambling cos are fairing reasonably well. The credit card ban accounts for 3% income apparently but probably less as punters will spend from alternative resources .
I am still of the opinion this is a concerted push to get 888 out of the FTSE250 again and or low ball hostile t/o maybe.
£1.32 target like last time the attack got the sp this low before the sudden rise /short ended. But wtfdik!!
138sp now so the decline seems unstoppable short term. In May 2018 the sp was 3.24 and now we languish at the much lower values over the last 5 years of 888 for some reason. This should have one hell of a recovery when the shorts/bots stop Id like to think but when is the recovery 1.30/129?? like last time in May2019
Another attack on 888 sp and this time quite concerted and prolonged 5 weeks of dripping down .During the more bouyant days back then 165p and now 139.60 today ...so far. A rather excessive drop of 16% despite reasonable/good recent update. I dont believe the credit card ban would have such an adverse effect (WMH and GVC ok) and so I think it is another effort to get 888 out of the FTSE250 and therefore I am reluctantly expecting a 130p like last year target which is extremely annoying as I thought 150p was the floor. There is a mezzanine floor to consider and that is 140p which is trying to hold firm at this very moment but seems weak.
888 does have a peaks and trough tendency and the recoveries tend to be quick hence my thinking is that ' bots' are at play, well I'm hoping.
I wish someone would take over 888 and offer say £2.20 albeit we know the family want £3.00 but that aint going to ever happen now methinks.
Nothing has happened over the week nor weekend bar a delayed interview which will merely cover details already circulating I think. Maybe the disappointment no sudden RNS clinching deal for the very impatient and maybe nothing on Monday morning but the negotiations still seem ongoing nevertheless. Should the sp drop (like it tried on Friday) I suspect it will be bought into again as I did.
For me I simply sell on a new high and await the drop keeping a reasonable amount of shares on hold to keep my average down. It works but obviously my profits arent life changing at all. I must agree though with one post that it may just be the sale of one of the associated companies within EUA or a JV with a significant contribution to increase production rather than a special divi...but either will boost the share price providing palladium maintains its demand at present levels.
As for Portsmouth1 being on holiday with such a large holding ?? Didnt they have wifi I cannot believe a significant investor would switch off for two weeks and query matters on return insinuating deramps are a worry and only have such a small number of posts to your avatar. You probably will be able to buy in below 4p tomorrow but I think more folk will top up once more should the opportunity arise.
On the other side of the coin if there is a hint of a prolonged delay then the sp will drop for a while whilst rainbow chasing investors take an interest in say for example (PREM/VAST) and return later.
Finally I really do not think the sp will hit the heady heights of 20/30p as I think the sp would be much higher by now if that was firmly believed by the Markets.
Anyway good luck we all want to make money so let's see what comes our way this week.
Dreadful, appalling RNS to hit the market/investors. How the heavy oil was not detected much sooner is a question even the sulfur smell?! Anyway almost treated as a duster as heavy oil is heavily discounted I understand. So a further update will be needed to confirm viability at the very least and the C well proves light and plentiful to give the plummeting sp an upward impetus.
If however both J wells are considered non commercial then all eyes on next well findings and even if TLW state a positive find they will also need to confirm it IS commercial and not confuse investors again
I really cant see personally TLW recovering from this debacle for some considerable time maybe a year if further updates are neutral /uninspiring. If production also continues to falter definitely a slide below £1 is inevitable.
Ive sold over half here today as my losses are quite heavy and I am now going to have to day trade for some time to recover losses but maybe not this week.
Last set of results when the profits were anticipated to drop by 87% I thought wisely to bail and take the small loss. However the sp actually rose to £40 bizarrely. I learned from that. ASOS share price is primarily about the future. Clearly unlike the standard bricks and mortar retail outlets fashion and general clothing for all is worls wide internet purchase and that is what ASOS is showing (clumsily by expanding too fast) as well as the awe inspiring BOOHOO. Todays price action came as no surprise to me albeit I have taken my profits . I would expect a flirt into the £30 region as ProCons stated last week and then a gap fill before the surge towards £40 and maybe higher providing no more mishaps and World economy remains reasonably stable. This is a global retail outlet and millions and millions of customers are out there.
Just my opinion
Nice to see this steady and significant rise from 1.27 a week ago however is it coincidence that its stuck at 1.50/52 which was the price the ex CEO ditched his first tranche and now has his second lot to sell this month...coincidence I dont know but Im still in red anyway with holding I left sadly here
after the AGM sp becomes much more positive Im thinking just maybe the buyback now allowed has given a boost. Plenty time to jump in again and make a profit if tomorrow continues the trend as this should be in the 165/1.80 range I think
methinks last Friday to create a Market again and resume the selling. I think a retest of £1.27 again by tomorrow but this concerted effort is very determined to punish 888 as the Board are clearly clueless and intransigent towards
private shareholders or seeking a buyback cheaply in my opinion.