Member Info for mister_tidal

Https://www.straitstimes.com/singapore/raffles-lighthouse-could-be-powered-entirely-by-solar-tidal-wave-energy

Do we expect an RNS anytime soon?

Hopefully at its bottom before it finally appreciates in value from now on..

So far, it wasn't really discussed on this board, what the purchase of Duncan Stuart Black actually means or should mean to us.

Was it because he really thinks SAE is under-valued currently? Is he just trying to bait retail investors? I don't know. One single purchase doesn't mean nothing, but it doesn't mean everything either.

In any case, it certainly is a positive sign, rather than a negative one, in my opinion. That being said, and given the fact that my investment is currently worth basically nothing anymore, it can only go up at this point or stay at zero. So why bother at this point.

Nothing else to do than get your own coffe and join us watching what will happen..

SAE tweeted this on Twitter, I mean x'ed this on X

https://www.bbc.com/news/science-environment-67170625?xtor=AL-72-%5Bpartner%5D-%5Bbbc.news.twitter%5D-%5Bheadline%5D-%5Bnews%5D-%5Bbizdev%5D-%5Bisapi%5D&at_campaign=Social_Flow&at_link_type=web_link&at_bbc_team=editorial&at_link_origin=BBCScienceNews&at_ptr_name=twitter&at_link_id=8011FDFA-70B0-11EE-8E24-9E31681DE14E&at_medium=social&at_campaign_type=owned&at_format=link

Imagine a turbine providing 25% of your energy needs 😅

"OEG Energy Group has raised $140m in new financing from several major banks to support the growth of its offshore renewables business, including the development, construction, and maintenance of wind and tidal turbines in the UK and other markets, it announced today."

Unless there is a sudden hype around tidal stream energy or something, don't expect this thing to go anywhere in the near term.

If this was the case, or if there was anything substantial to bet on, the company wouldn't be stuck below a £8m valuation.

All we can hope is that BESS allows the company to recover and that SAE can not only successfully deliver their CfDs, but also prove that these contracts actually allow to reduce the overall cost of TSE.

That being said, just bool SAE at a loss for now. Stop thinking about it and let it be for the next 1, 2 or maybe even 3 years.

We'll see. 😅

Not sure if SAE still has the chance to turn out to be such a lucky pick.

Greetings from the office..

I see.

Well, just make sure you don't gamble too much and enjoy the early retirement.

Statistically it is unlikely to get this lucky twice so... the logical consequence is that our investments are gone. Just joking of course.

What are you doing for a living s.t. you can afford a 50k investment into a stock like SAE?

Interesting. Particularly because the volume today was just 1.5m shares.

My bag is 317,600 shares at € 0.05 or 4.32 GBX

My budget for averaging down is certainly depleted..

Interesting.

Particularly because I wouldn't have thought that they need to apply for larger blades on turbines.

It's nice to see that they need only 40 turbines now instead of 61.. I really hope this also means the next phase is much cheaper than previously thought.

I hope all these change requests are going through without some letters from royal bird enthusiasts...

Finally, we saw insiders buy in on Simec Atlantis. It's been something I've been waiting for for quite some time for obvious reasons.

Seeing this purchase re-assures that the company is, at the very least, not at the brink of bankruptcy.

Sure, we do not know the true motive. Maybe it was the directors strong believe in an upcoming upward trend or the viability of a long term investment, or maybe it was just a small token for existing investors by putting their own money where their mouth is.

That being said, I'm a bit surprised that with BESS on its way, the second CfD in the bag and an insider buy still isn't enough to more the needle up a bit.

Not that a 2x of the current stock price would make a big difference to the losses I currently face with SAE, but it still surprises me that none or the recent news managed to get at least some retail traders in.

Maybe the missing piece is an institution to buy a larger chunk of shares? But is there any chance whatsoever for a risky investment like SAE?

Profitability.. is there currently an outlook for SAE to become profitable? Until tidal stream energy becomes cheaper, SAE won't really be able to make a (non-subsidized) profit. Is BESS the key here in the meantime?

What do you mean by price being held back?

That I can live with.

I do hope we see more buys. It's £41.400 if I did the math right?

I am not buying more because of this but it certainly hits an itch on my side..

Well, it wasn't me ^^

Word.