Member Info for mister_tidal

I think on rocket emoji is justified?

🚀

> Won't be around most probably. Will make no difference.

What do you mean? 🤔

I do not have the tools (or time) to watch for these kind of things. My previous point being.. AMP is almost surely going up (*knocking on wood*). Any funny price fluctuations or play right now won't really affect any long-term holder. Once AW1 is operational and produces revenue, AMP will be seen as a company with legid skills to get projects like this on the ground. Once that has happened, it's likely that AW2 will be seen in a different light as well. The company has to build some reputation and something to show. Once that's there, we won't need to worry about pennies of pennies.

Assuming AMP can execute, the current valuation is laughable. While I did not investigate or look at any other companies for some time, mainly because I have learned my lessons and purely stick to ETFs (except for AMP here), I find it hard to believe that there's currently a lot of companies out there with such an attractive risk/reward ratio. Yes, this can still go tits up, but AMP has the real estate and connections. On top of that, in hindsight, Graham Reid wasn't the worst pick as CEO. Quite the opposite. His past experience with projects like this starts to show which does contribute to my confidence here.

The only thing I can currently complain about is the fact that the C-suite does not have "classic skin in the game". Yes, they have an LTIP but it's not really tied to any specific goals and it's really a different thing to have a larger portion of ones compensation tied to equity. That's a minor complaint perhaps. The insider purchases did send a positive signal, but these purchases were not "big money".

That and the wait we still have ahead of us. I'm absolutely convinced that once AW1 is up and running, we'll be way beyond the 3p mark - the reason why I do not care about minute fluctuations . But for everything to unfold, we'll probably have to wait more than 6-12 months. That's more in the 2-3 years range. No doubt that at that time, 20 GBX (~ £85m market cap) is possible.

I won't at all mind 10.22 - 10.55 yet alone 20.22 - 20.55 so.. i do not get your concern. Just don't sell at a loss as in "dont sell now, maybe?"

DYOR

Anything stable above my average of 2.8 GBX would be nice 😅

If one is okay with some risk I think AMP is quite a good stock to consider. There's not a lot one needs to understand. We want to build batteries and for that we need funding and permission. Some of this is already there so.. it all depends on funding and execution. Risk is there, as always, but it's approachable and the potential is fair game.

Sidenote: Uskmouth is quite a different scale in terms of MWh and capacity. Still, it's, at the very least, a confidence boost that such projects are viable.

Saw this article today. A similar project for battery storage has been completed in Carinthia, Austria.

Thought its nice to see similar success stories. The article is in German. https://kaernten.orf.at/stories/3326276/

Thanks guys. I must add: i stopped buying single stocks completely. I got what I got but I mostly add to my ETF regularly (among cash savings). AMP is my only weak spot 😅 at €20k I already swore that I won't add but we'll, here we are. Its this long drag to be honest. I never expected the SP to stay this low for this long. I only by below me average. I'd certainly stop if it rose above it. So thats the catch for me.. SP being this low and still able to buy below the average. And then all these positive news coming in. Most companies are quite complex. AMP does not feel like thia to me because .. well.. the idea is simple, right? Uskmouth being clearly a asset with plenty of potential.

My problem is, perhaps, the fact that I have a good salary and not really a desire to buy stuff so.. that's what allows me to slip in a few hundies every now and then 😅

But truth be told.. it those 29k were gone, I wouldn't throw a bug party for it 🫠

Dammit, I really have to get this under control.

I'm at 900k shares now. Roughly € 29,300 invested ...

I'll admit that that's an amount that starts to make me nervous.

It's absolutely incredible that were at 2.3 GBX today 😅 again.

I think in a few months people will look back and say "God, why did I not jump in on this - it was so obvious!".

LTH of ~5y ..

Given the progress and outlook, 50p seems to be realistic. Maybe even higher than this depending on how they will finance these projects.

That said, 50p probably won't happen over night unless AMP manages to convince enough money that there are returns on the horizon.

However, I can wait and have no plan to sell any time soon. Got 870k shares at around 2.7GBX and, if anything, I'd buy more if the prices dropped in the meantime.

This can only be a matter of time. After all this waiting I'm still patient enough at this point to wait for that push. It's inevitable - even if we have to wait until AW1 starts generating revenue. At the end of the day, the current SP will go up eventually. 😁

They WILL regret it over the next 12 months.

A visit on site might be a good way to build trust. To show this time is for real.

So Uskmouth with 1.4 GWh could be valued at around $325m?

GPT stated that 30+ is definitely a long term game of 5+ years assuming things work out. I agree that short term thats not realistic but 10 to 20p can happen if things run smoothly and the company build up trust.

@TRob 😁 same for me.. I thought "if you just knew how early I am in"

I asked GPT today and was surprised by it's answer.. tl;dr the company could be valued from 30p to 50p over the next few years - 30p being a bearish case but please have a look for yourself:

https://chatgpt.com/share/68e2d700-88cc-800a-bc5e-23498ad8e61d

Is this realistic? Doesn't sound too far fetched all things considered 🤔

Well, i got weak and bought 70k more shares. I'm now on 870,000 shares @ 2.8 GBX ..

At this point im not even mad. That's quite impressive and if I didnt already have invested €26k I might eben buy more at this point 😅

Got to hold myself back here..