Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Nav? Elliot shorts.
Citywire did an IT article which stated Renewables priced too high and could face big share drops.
Slight panic reaction and a few Renewables sank a bit over the last few days.
Just playing into the hands of anyone with shorts on these ITs. Or some other motives.
Personally I find these articles utter drivel as they don’t give the full picture.
Most are on a premium, but unless you are a trader or a panicker, not worth dumping as the divis are reasonable. In the future more and more electricity will be required as climate change commitments place more emphasis on electricity use as opposed to hydrocarbons.
EVs . Household heating etc.
There are some links on the BSIF board which highlight these articles if anyone is interested.
More drivel spouted by so called experts that cause a wee panic. Admittedly most Renewables are on a Premium. That’s fine by me and it won’t stop me buying more.
As hydrocarbon dependence starts to be reduced under climate change action commitments, more and more electricity demands will take its place. Just for example ..Domestic hydrocarbon boilers are being phased out, so electric heaters will take over. EV charging points are to be in demand as Internal combustion engines are phased out and more EVs are sold...yet more electricity. Do I need to go on?
Hinckley nuclear won’t be finished for years.....CCGT Stations still being built.....possibly they will go to Hydrogen if they ever get round to commercialising Hydrogen production....and yep what do they need to produce Hydrogen more electricity. The future is bright...it’s moving more and more to an electrified world. If you are getting it from solar wind etc all the better.
The way this is being sold down, 40’s could be here rapidly.
If it’s Schroders selling they still had over 9% on the holdings RNS.
Depends what their ulterior motives are and what % they want to go down to, if any at all.
Eyes Down!
Ridiculous selling at this trashed low price now...Well that’s the mentality of II’s ?
I’m ready to pile in more very shortly.
Bargain time.
This is getting seriously trashed, Institution-s ditching...seems rather pointless until we know a more definitive NAV.
Low 50’s possible at this rate. Typical, I doubled up the week before the RNS started this sell off.
Timing of RNS wasn’t to our advantage 08.26.
Continuation vote in Nov. SQN are losing credibility IMO.
Too far down now to sell holding. Watch and wait for the bottom. I’m not really tempted to average down until the picture becomes a bit clearer. Too many AD plants on the books.
I’m not seeing a bargain at the minute! Low 50 maybe.
Indications are that GVC will relocate its domicile from an office in Douglas Isle of Man where a number of e gaming companies are currently operating, (nice tax “efficiency” for want of a better word) to the UK. Subject to an EGM. Having seen a number of trusts move from offshore to the UK under the premise of better double tax treaty arrangements worldwide, I wonder if this is the reason?
This doesn’t set a good president for the offshore jurisdictions holding onto the gaming industry as a source of income and employment, if the DT Treaty reason is the case, as a domino effect may take place depending on the countries these e gamers operate in and the company structure.
EGM will hopefully reveal all.
WT,
I appreciate a lot of us got conned here, despite our backgrounds. The master of spin took us all in. A bit like yourself I’m now retired from the oil and gas, subsea, subsea cables, power generation, commissioning sectors just to mention a few. Been there done that, lots of major companies....war zones included.
Had a good career but marred by two severe accidents so I went out early. It’s a dangerous game.
CCGT Commissioning is a good game on the power gen side. It was a few years ago, not kept in touch so may have tailed off.
Good luck whatever you are doing.
Still sitting on a massive loss, never going to average down now.
Watch and wait!
Some very big sells this afternoon in the millions and strangely no move on the SP.
Somethings afoot?
Ah well out came the holdings RNS and also another estimated NAV of 94.32p.
Possible bottoming process now.
Have a fairly large holding in SQN. Amazed that this still declines with daily sells and yet no Holdings RNS. Reading the last update it seems they are confident in resolving the solar co. issue.
Above a 10% divi I’m going to add yet more...not far off now. Worth the risk? I think so for a long term monthly income.
Still this one goes down, now about 10% dividend.
Very tempted to double holding, again.
ii have recently mentioned this one in an online article....perhaps they should do some research into their own trading platform as it cannot be purchased through themselves. No kiid available. Yet it is on Morningstar. Just like the rest of the Doric Nimrod’s.
Hi,
I learned the hard way with Mr Parsons ventures. Invested a very large sum in Echo and watched it drop by 80% down...totally gutted and feeling very let down by their spin on the whole matter.
Topping up is just another gamble and in this share I’m also heavily down. However for me it’s just going to be watch and wait...patience is required. I may miss a few % rise on some news but will wait until something significant is forthcoming before I jump in with more cash.
Very well informed board here and appreciate all the effort put into posting.
One day we all may be back in profit.
From Alliance News 17th July.
(Alliance News) - Amedeo Air Four Plus Ltd on Wednesday posted a sharply lower pretax profit for financial 2019 mainly due to a drop in foreign exchange gains.
For the year ended March 31, the aircraft leasing company recorded pretax profit of GBP8.5 million, down sharply on GBP228.5 million in the comparative year ago period. Foreign exchange gains plummeted to GBP1.9 million from GBP184.8 million.
Net asset value per share stood at 109.70 pence each at period end versus 109.58p a year ago.
Excluding finance costs and forex gains, net profit totaled GBP91.4 million versus GBP93.9 million.
Income for financial 2019 grew to GBP254.7 million from GBP219.2 million. US dollar based rent income grew to GBP209.3 million from GBP174.3 million, while Sterling rent income income increased to GBP45.4 million from GBP44.6 million.
Shares in Amedeo Air Four closed at 90.78p each, down 0.5%.
XD 18th July. Added to holding on lows already.
It will be interesting to view the SP from this XD date onwards.
At these levels the offshore based dividend at approx 9% is highly desirable, despite the capital loss suffered to this point.
Bottom line, single figure SP coming rapidly. :( :(
On a lighthearted look at the situation.....I reckon the management have invested heavily in steel toe capped safety boots to protect their tootsies whilst continuously kicking that old battered can even further down the road!
I’m investing in elite trainers...... as I’m doing a runner from all AIM shares from now on.
Possibly punters ditching this stock for a better one at the minute...Reabold Resources?
Or a reaction to the downgrade?