Member Info for MickR

A person with significant control is any person holding 25% or more shares in a company. More here https://www.gov.uk/government/news/people-with-significant-control-companies-house-register-goes-live

Moving swiftly up now. Final results for 2016 to be announced imminently

They will be released by next Friday, 30th June.

244,490 shares. Bring on the final results.

HaloSource Inc. (HAL.LN, HALO.LN), the global clean water technology company traded on London Stock Exchange's AIM market, is pleased to confirm that the Company has raised approximately £1.8 million ($2.2 million) through the issue of an aggregate of 117,692,560 new common shares to new and existing investors at a price of 1.5 pence per new Common Share (the "Placing Price").

Both my buys today are showing as sells.

I am very interested to see the full year 2016 results. They should be with us in the next 2 weeks. Contract wins far exceed the market cap. Traders have sold into every rise ....watch out for Aimmafia who has done this for a long time.

I did warn people not to get spiked yesterday...hope this was not a spike!

CNEL has announced approx. 32m pounds of contracts in 2017 and we are only half way through the year. RNS of 16 March 2017 COFCO (Huge Chinese State owned corporation) coontracts worth 9m pounds RNS of 29 March 2017 contract with Supercare Group Ghana worth 10m pounds RNS of 31 May 2017 contract with several Chinese companies worth 13m pounds. Current market cap is approx. one fifth of half year revenue which shows how undervalued this share is. CNEL has 60% of the huge growing Chinese biofuel market https://gain.fas.usda.gov/Recent%20GAIN%20Publications/Biofuels%20Annual_Beijing_China%20-%20Peoples%20Republic%20of_1-18-2017.pdf DYOR

https://www.ventureradar.com/keyword/bioethanol

Given the synergies and similarities between CNEL and Sunbird Bioenergy, would it not make sense for Sunbird to do a reverse takeover of CNEL? There are very few listed Bioethanol companies and we are included in the list of top companies. The other listed company that I could see, Aventine, was taken over by Pacific Ethanol in 2015.

That was a delayed trade....0.18p now

Do not get impaled on this spike!

It is true that the directors are barred from buying shares until the full year results have been announced this month.

Sensetalk, You will recall that we saw the same price action in March when the Ghana contract was announced, SP went to 1.6/1.7p only to drop back as it has now. The company has just announced another £13m worth of contracts and the market has not taken any notice of them as the shares are back to where they were pre contract news. I remember when people were talking about gloom and doom on SOLG hen it was at 1.3p, look where it is now, CNEL is making profits and the share issues have been insignificant compared to other AIM companies. Eagerly looking forward to FY 2016 later this month. The market cap at £6-7m is not reflective of this company's worth. I do not think it hard finding a Chinese buyer with spare £50m buying us out....perhaps that is what would bring the biggest benefit to shareholders. I personally do not like share buybacks, I would rather the money be distributed by way of a special dividend.

Thomas, interesting to read your posting history. Seems you were very confident about CNE and got bitter when your 10p SP was not achieved. I would too. I hope you made money on SOLG. I see Richard Bennett is the CEO of Sunbird Energy and that Sierra Leone is happy with Sunbird http://news.sl/drwebsite/publish/article_200530551.shtml So it looks like Sunbird is not a Mickey Mouse company. On the issue of share buybacks, I personally do not like them and would rather prefer dividends. A special dividend would immediately reward shareholders. Looking forward to the full year results to be announced at the end of this month and happy to hold my 1m shares here. 3p is my short term target.

CNEL is clearly mispriced by the market and full year results are due to be announced this month which should give clarity to revenues and profits. People may remember SOLG when it was trading at 1.3p...look at the SP now-46p. Fortune favours the brave!

Clearly trying to manipulate the share price. The company has just announced contracts which are several times its market cap... Aim Mafia looks like a pump and dump trader with postings on Twitter, Ad...vf...n etc.

Needs to break the resistance at 1.7p to go onto my target of 3p short term. Market has mis priced the stock.

The combined value of the Chinese contracts announced today together with the Ghanian contract announced a few weeks back is over GBP23m. Last placing was at 1.50p to a Chinese resident. This is severely undervalued and should be up at least 100% today. Looking for 3p short term.