Member Info for NickRubens

Yes, casting metal. Just look at British Steel news last few days. Need a drop in wholesale gas prices.

Yes, results look good to me. The market has been so skeptical but in the past they have always been great buy opps. Hoping for the dividend resumption at the next Interims. Until then the market will do it's thing. If investors want the stock, it should go back up again.

Interim's are coming up. I was expecting them late October, but someone mentioned alot sooner? Sales growth as expected seems on track at least from today's announcement. I'm hoping the Interim's may give indications of further sales growth beyond previous expectations.
We could get be getting run up to the results day and after that, who knows?

Only about 5 weeks away from Interims. Hoping they'll showing strong increasing sales and accompanied by a forward looking statement showing the same, and of course the 'bottom line' finally needs to take centre stage.

Anyone with a good memory and followed this company over the last 16 or so years?
This Company has been listed since around 2005. Does anyone remember if they ever had stable/decent earnings and paid a regular dividend.
Has Covid been the sole cause of it's sudden demise and struggle or did it accumulate debts along the way as well. Cheers NR

Some decent buying last two days, These are bargain levels. If Management can show that there are growing profits ahead then this could re-rate finally. Interim's coming up shortly and we'll get to know where the SP is going to go.

Figures out today, sounds like the expected production cost savings will be a buffer for the inflationary input costs. No dividend. Not sure I agree with the share buy backs as eventually the market will price the company according to earnings or expected earnings.

Perhaps it's a target for a takeover but who would it be suitable for?

Interim's just a few weeks away. With increasing sales should come some meaningful profits. Is it too early for a dividend?

Looking forward to the upcoming Interims next month. Maybe the SP will take a run up to them hoping the bottom line is showing some strength finally.

I think it needs something more tangible, something with some 'dollars' and commitment attached. If we get that it's going to soar. These MOU's are useful though for showing that there are interested parties if the project gets the ultimate green light.

Well, another profits warning yesterday. They did say prior and will likely remind us again at the forthcoming results. Can't see much of a dividend here for ages now. Spending money on the SP buybacks. SP holding up somewhat. I thought it might revisit some lows after yesterday, so must be some bid vulnerability perhaps?

The rally stopped after the founders sold 2% with the intention to sell a further 20% over the next 10 years and the bear phase started. Are customers back in the buses? I understand SGC is still on some gov support ( though a good thing).

Sounds like Administrators being brought in? I doubt there will be any value left for shareholders and they have stated as such.
Sadly this, after 20 years as a listed company.

We all know the potential here. Though it's a roller coaster ride with fear and greed ( with a couple of temporary disappointments) driving the SP short term. However Crypto is here to stay, it's most likely the future of currencies and we have a court case that could net us some serious money still to come.

Cheers DJP, Lets look forward to next trade update then.

Have we finally seen an end to the placing stock being sold into the market? RNS should land if that's the case.

The market seems to have little confidence that everything is going to be ok. Funny money (QE) pushing up prices, Inflation rocketing (house prices etc though continually ignored by the bank of England) and inflation now elsewhere lurking is supposed to lead to Interest rate rises, but I don't think rate rises will happen and the continued eroding of the value of ££'s via inflation continues to go unchallenged by any politician.

INFA a pound.

Another frustrating investment opportunity stretching back over a decade and around a 99.9% share price slaughter. It was meant to be a gas storage business but somehow has recently bought into a shipyard business with shareholder money. What is the connection?

Clearly alot has happened here since I decided I got fed up with the gas storage project and endless capital raises. How did the board decide to buy into ship building/repairs etc?
For listed companies in general, exactly how many years( decades in some cases) of capital raise is considered normal before anyone asks, what about making money in the businesses rather than making it by continued placings etc?

Cheers Gulable and Pauly80,
My only frustration is not being psychic enough to sell on the 'high' of a short term spike and then buy back my shares on the 'low' of the subsequent dip ,and meanwhile risk being without stock when a substantial piece of news lands.

I once sold OMI on a spike at around 3.5p(after it was being trashed a pump/dump by BB posters) and it started coming down, I thought Great I'm an expert day trader, then it creeps up again, while I'm waiting to buy 'low' and all of a sudden it's around 20 - 30p and i'm still waiting to buy back in a couple of years later!
One has to decide what they are buying CLON for, either a day trade (then ramp away) or a news re rate and neither are guaranteed to happen.