We would love to hear your thoughts about our site and services, please take our survey here.
I thought you said you'd explain it in a way that a layperson could understand :)
Europe has been like one of those rubbish suit shops on Oxford street. "Closing down sale, all stock must go. Final sale."
Except this time it IS final.
The market sees this too. Long and strong, Bushwhackers.
The business, money, home and main sections of Saturday's Telegraph and today's Sunday Times were packed full of apocalyptic breakdowns of the economic destruction to come if the global coronavirus lockdowns don't end soon. There isn't a sector immune from the fallout for Covid19.
So. What does this mean for the BMN investor?
1. Our business continues to be profitable. Our costs have suddenly gotten lower and will stay that way long enough for it to make a different to our end of year report.
2. We are at the leading edge of a revolutionary technological shift that will change the world. (We've been given a glimpse of a world with less cars, planes and toxic carbon being pumped into the air) and people are only going to be more aware of sustainability and the challenges that our planet must face together.
3. Change is coming to every sector of every economy in the world. Pure Darwinism. Bushveld is leading that change in the energy sector and is moving to corner the market. They're not being forced to play catch up, they are leading the assault.
4. Many loss making companies are going to be wiped out -- sensible investors will seek to move their money to where innovation, growth and profitability are clear.
5. The isolationism era might be coming to an end (or at least its proponents are being shown to be the snake oil salesmen they are). Climate change cannot be ignored.
6. We need to get off AIM. Private investors might see the big picture, and institutions may well see it too but their hands are tied until we're on the main market.
7. Forget all the euphemisms of flattening the curve. 98% of the world can still be infected by it. The lockdowns are only slowing it down, they are not sustainable. The lockdowns are allowing hospital capacity and ventilator supplies to be built up -- once they are, then countries will start to release the controls. Key industries should be able to resume work sooner rather than later. Mining and construction should be among them, albeit possible on a smaller scale.
8. An effective treatment and/or vaccine will come eventually. Until then, the short term pain will continue but the mid-term prospects are extraordinary. Bushveld is making money. Will continue to innovate, grow and take advantage of everything I have written above.
If you are reading this post, then you are aware of one the best hidden gems in the investing world.
Good luck,
Ninja
Textbook example.
YOU SHALL NOT PASS!!
But then again, what the f' do I know?
No RNS this morning doesn't means it's not coming. It might drop next week. Or at 4:20pm today. But typically, when I3E moves, it does so for a few consecutive days before good news drops.
So, I see another blue day.
The USA is throwing everything to prevent an economic flatline. Trump wants the USA open for business by Apr 12th (because it's a beautiful date) but with 25,000 cases in New York alone -- that's a tall order.
Lets see what the markets do tomorrow.
@Ludeck - Not especially, but I did like his earlier work. Have I just quoted him unintentionally?
@Calimari - The reaction to covid19 is the same as the reaction to climate change. Some countries pretended it wasn't a problem. Some denied the threat. Some ignored. Some acted. Some pointed the finger. Some changed their mind. Whatever. This isn't the forum for this debate, but if we cannot work together, we're doomed.
Perhaps like a kidney stone, but it will pass. All long term holders might consider bottom drawing their shares for a couple of months - safety, health and family come first.
Yesterdays problems and challenges of moving to renewable energy and saving the planet haven't gone away. They'll be dealt with tomorrow. Today's problem is making sure we all get to tomorrow, which we will.
The world will continue, hopefully with a little more humanity, compassion and recognition that global problems cannot be dealt with isolationist ideologies. We're in this together.
If, any of you have large spread bet positions open, I beseech you to close them and convert to a share holding. There is a target on your back. Better to pay some tax on profit than lose it all.
Good luck, and take care of each other.
PS. To any shorters trying to talk it down. Go have a look in the mirror.
... I think that's the definition of insider trader.
:)
It's gonna be one hell of a comeback.
"I wish I could have bought more Bushveld shares for 9p."
"Done."
"****"
Nice one Biffy
It seems vulgar to mention them now, but anybody who gets in at 10p a share could enjoy incredible future dividend income. I never thought I'd be able to buy again at these bargain basement prices but here we are.
But it won't last. The Coronavirus will pass, and the switch to renewable energy will continue, and the use of vanadium will continue - and a dividend will come.
Those brave enough to invest when others are fearful will be the real winners here.
£2 coins for 10p!
I dreamed I was swimming in the endless ocean staring up at a cloudless sky, all I could see was:
a) Blue
b) Blue
c) Blue
GLA.
LOL @ Alpha
On the freezing cold streets of London I saw a homeless guy with one leg eating scraps out of a dustbin. He was complaining about his life and how hard it was.
"Stop complaining" I told him, "spare a thought for the poor trolls and derampers who are paid pennies to post online. The job promotion prospects are non existent and they won't get sick pay if they catch covid19."
I've never seen a man, sat in his own excrement smiling with such radiant joyfulness.
"Thank you," he said, adding, "always good to know there are others worse off than me."