Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I read your post last year about drone production and it certainly piqued my interest. Beneficial if it comes to play although it will impact the operation in China (which I think they will have to phase out in the coming years ). I’ve still been topping up over the past year at this ridiculously low price - last week it was at the same 6p price after the covid crash (and then went to 60p at tops).
With the sp hardly moving/resisting calls to fall I think the best option is to wait for another contract win and then watch it take off into the 40s
In addition to the recent space orders I would imagine that some new defence orders are in the offing. Russia seems to be very adept at jamming drones so any business in this area could have lots of upside potential
Could this be the long awaited rise we have been expecting over the past 2 years...up tick in sp...excellent order book and possibility of going private...
The last time the price was this low was in Jan 2021. You have to be sanguine though given all the strife at the moment. However, if the company can raise their prices in response to inflation then I it may not be so much of a problem. They are very much in a better position than in Jan/22.
Worry about £ interest rates could be offset by overseas earnings (8 out of the 11 factory locations are abroad).
I am actively buying again at these prices (to add to my very overweight holding). The sp may nudge down a bit further but the bad times won't last forever and we all need medical plastics in some form or another. Patient to wait til 2023 and a bit beyond.
Up 3% on no volume…either rumours in the pipeline or sector rotation (ie. similar aim tech manufacturers such as filtronic releasing good figures).
Would prefer takeover rumours!
Medical plastic demand is expected to increase 8% year on year for some time which explains the purchase of new machinery. The prospects for the cable side look quite good given that a lot of planes are sitting in Russia. Possible bids? At this lowly price (and with a weakening £) there is a remote possibility and the longer the sp remains low increases the likelihood..
Agreed that the company has potential but I would advise against crystal ball gazing and blind faith like so many posters here and glad I sold a few at 12p. Bricklive & kpop look solid, e-racing could have potential but start.art will probably be a drag (despite my earlier hopes of the nft side ) as it looks like a plaything of DC's wife. Dilution has been much too loose and will reduce eps.
Hoping for better valuation when the market perks up but previous posts of 20p by sometime in May really has to be tempered with more caution/less blind hope/better sense of reality.
I just made a cup of tea and also noted some positive signs amongst the leaves!
Once you have sold out at 30p where are you intending to park your winnings? Any other tips or are you a one company pony?
Thanks, Retired Banker, for those words of wisdom. So you think 25-30p is a reasonable target?
Fashions come and fashions go and I think DC likes to hook up to the latest fashion, although he could have a canny eye for them. My teenage son turned his nose up when I mentioned KPop but couldn't deny that it is popular at the moment.
The dilution in the shares is concerning so I may therefore offload half at 20+ and then see how the summer goes. Many thanks
Watched the youtube video showing lego dinosaurs...very impressive and a sure hit with the kiddies. I thought the start.art project might add to revenue but now not so sure as it looks like a flash in the pan.
Would like to take some profits as I don't entirely trust DC but not sure at what price. Made a nice profit so far though.
If wigwammer is reading maybe he can add to the comments as I thought he didn't sound too happy with share dilutions and whether he has changed his opinion of the company yet?
Watch the last presentation on youtube...earnings expected to be ahead of target...Phill White buys at 41 & 33p...new long term orders from large corporate customers...factory in China running non-stop...
I can't believe there are investors out there who would listen to a broker (having a vested interest in pushing the price down prior to good results being announced)?
With inflation eating the pension deficit I am hopeful of a resumption of a dividend in 2023/24...however small that would be! That would be the rocket fuel that propels Carclo to it's old price. I still hold .4% of the company and bought more when it fell to 20p. Patience is the key to this recovery stock.
And R.Gibb, director purchases another £20k
2 sells totalling £2k and the sp dives 5%.
I've just bought £1k to see if it goes up 2.5% in response (worth it just for the joke).
Good to see the Dixons upping their shareholding.
When all around are losing their heads etc etc
It might appear that Pay's sp is inverse to the price of energy (given that pay's customers will use less the more expensive it becomes). However, with the latest Spanish shareholding it looks too good at this price so I am topping up - Ukraine & Covid won't last forever (until the next crisis comes along).
Like most I am shocked at the sp post-Ukraine invasion - I thought 30p was a great buy but 20p is even better. Still can't see any material change to Car's future prospects (and thus, won't be selling) given that factories are still running 24/7 (bar the effects of rising inflation on costs & wages)...and even though free covid testing ends in UK at the end of March there are still many parts of the world (ie. Latin America & Asia) where lfts will continue to be in huge demand for some time. Whilst Ukraine is consuming everything in the news a disaster is unfolding in Hong Kong. Exports to China? Let's hope so as their home-grown vaccine shows no affect on Omicron and their zero-covid policy is starting to unravel. That may be natural justice to some but there still remains huge demand worldwide for medical plastics due to the backlogs caused by covid. Just my view but there are big rewards for those who keep the faith in the medium/long term.
Mention in the Telegraph that Russia announces their right to stop flows through Nordstream1...which would mean lots of new work for PFC (but I wouldn't be surprised if it led to calls of direct 'assistance' to Ukraine by Nato)
With comms playing such a big part in the situation in Ukraine I can imagine that previously delayed orders from the the military/defence Will be accelerated. FTC is definitely looking like a growth/niche stock for the future.
FRES should be held as an insurance policy against the worst happening in Ukraine...for example, accidental or otherwise bombing of Nordstream1 pipeline, which would explode gas prices and put a bomb under Germany's energy supply (would Germany then immediately certify Nordstream2 but incur the wrath of the rest of the EU?). So many things could go wrong that I was surprised to see markets in the blue...must be a false dawn as this war could continue for some time
Thanks Steel, 24/7 working at the factory is a good sign. So is the sp support at 31p. If we can wait out the situation with world markets we should, hopefully, be rewarded with a fully charged and recovering manufacturing company with excellent future prospects.