Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Hmmm,
I have to admit, I'm not surprised by this morning's news. One of the major considerations here is that the poor trading simply isn't just down to people going to the pub or on holiday instead. The fact is that, throughout lockdown, there were many business owners hemorrhaging cash that are entrepreneurs by nature and looking at how they could make money in what was the current covid environment. There's no doubting that this sector was hot and the barriers to entry really are very low indeed; a social media presence and a small warehouse to film and store vehicles. These types of competition based companies are 10 a penny now, and it almost seems as though almost every car-related 'social influencer' has set one up to cash-in and inevitably, this has and will continue to have an impact on the pioneers in this sector like BOTB.
This is not a short-term hit here, but part of wider market movement that has significantly more competition now than it did pre-covid. The downward trend here could just be beginning now, as the ever-increasing competition continue to expand their customer base.
If we're being honest, it's been a great run here at BOTB, from the airport days (where I was a keen player), but the PDMR's played a blinder in selling 60m of shares @ what was ultimately the peak period for this sector and BOTB especially. It's hard to see this ever getting back to those levels again and ultimately the numbers and profit-margins will continue to get squeezed as the new and significant competition acquire more of the market share.
Best,
Nate
Vol. Sold 4,226,942
Sold Value £975,987.13
Vol. Bought 3,740,110
Bought Value £868,746.25
Yet 30% up... this is going to tank this afternoon towards placing price without a doubt... as if people hadn't suffered enough here already... I hope as many of you as possible managed to get out on this MM induced spike.
Nate
Hmmm,
Considering their prospectus very clearly stated they were focusing almost entirely on the O&G sector, this does come as a surprise. A lot of PI's will have been put off by their disclosed target sector. It should be noted that PATH have been to this juncture twice before and then the deals have collapsed so let's see if they can actually get this one over the line.
Nate
Bit strange to RNS the purchase of £5k worth of shares. It probably cost half that to send out the RNS.
Also a bit odd that’s that he’s topping up in such small amounts, why not just buy a chunk instead of in rns’ing every small buy.
I guess it’s obviously still a positive indicator for us all, but strange the way it’s being orchestrated at the same time.
Best,
Nate
Yesterday
Vol Traded: 141m (largest day to date by far) but crucially more buys than sells despite the MM's taking the price down.
Today
38m traded already and crucially the buys v sells are as follows:
Vol. Sold 12,578,108
Sold Value £1m
Vol. Bought 25,803,541
Bought Value £3m
Conclusion; demand for HE1 is significant, despite some participants choosing to disembark at the first wobble.
This will fly when the MM's let it go. The buying pressure is too strong to hold it back for long.
Nate
Sushi,
Another paid de-ramper. Do us all a favour and p155 off would you.
You're clearly clueless and like a little pest clogging up the board. I don't often utilise the green bin feature, but today I'm afraid, you have qualified.
Goodbye.
Nate
Big Plan
I appreciate your factual posts as much as everyone else does in here, but on this occasion I'm afraid you're just blowing hot air. You have absolutely no way of knowing if he's back home or not, do you? It looks more like a hotel room to me, with a suit on for the interview. In fact, he could even be wearing shorts under the table for all you or I know.
Please stick with the factual posts and refrain from plainly stating your assumptions as though they're factual.
Best,
Nate
https://www.**********.co.uk/articles/trader-s-cafe-with-zak-mir-david-minchin-ceo-helium-one-2e4cdbc
"We've done everything except flow the Helium"
"We have proof of concept, we know the Helium is there"
"If we were Exon, we would have multiple rigs now, as the proof of concept is there"
"We have substantially de-risked the basin"
"It's good news for holders, but bad news for short-term traders"
"The next step is to test the shallower targets in Tai-1 which haven't been tested yet and there is potential in them"
Make your own mind up...
Apologies, didn't mean to post the last message, dropped my phone on my keyboard!
10-Aug-21 09:22:08 26.50 50,000 Unknown* 26.00 27.00 13.25k
10-Aug-21 09:22:08 26.50 150,000 Sell* 26.25 27.00 39.75k
10-Aug-21 09:22:08 26.50 250,000 Sell* 26.50 27.00 66.25k
10-Aug-21 09:22:08 26.50 500,000 Sell* 26.50 26.80 132.50k
All of the above are buys