Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
"Can’t believe SP with UMMC on the cusp of making an offer"
Are they on the cusp of making an offer or are they trying to sieze the assets after POG defaulted on loan payments? It's not clear from that story.
It's an interesting level, it's finding support at the the upper trend channel that's formed since 2009. If it doesn't hold it could head down towards the lower channel line:
https://tvc-invdn-com.investing.com/data/tvc_d85b7ce14fd1aef7a801ac6fac4a9bf1.png
"The disconnect now between value and the SP is a farce"
There's only an apparent disconnect if your valuation is too high. What model are you using to determine the value of this zero revenue company?
"Instead he arranged for me to milk a cow while blindfolded."
Lol brilliant
"The stock is so dam OVERSOLD its bloody ridiculous...."
According to which indicator? The RSI says it's not OVERSOLD. Not on any timeframe - not on the 5m, 1h, D nor W.
Not that it has any relevance anyway but rr motors is a completely different company.
It's frustrating, it would be nice to have a bit more of a cushion above my buy in price just for peace of mind; but there is really strong support from the 9 period MA on the weekly chart so as long as that continues (currently at 26.47p) we're golden:
https://tvc-invdn-com.investing.com/data/tvc_6a9b8e4ed226913adc2911394d89f1f4.png
I agree someone must be selling but didn't Bybrook agree not to offload any more for 90 days?
"Where would you rather invest ?"
I'd definitely rather have the car
And then it jumps 2.78% to 27.75p with the end of day UT. Funny business but all's well that ends well.
Good day for oilers but we got smashed back down every time we hit 27.5p, somebody must be selling.
Thanks isdeer - not sure how I missed that, brain not in gear today.
Can anyone confirm the ex divi day for May? I've seen 19 May mentioned, next thursday, but not completely sure.
"Sold all my shares 2 days ago..."
I've seen similar comments from a few people across various boards recently. A lot of people have capitulated and are sitting entirely in cash. It makes me think there might not be be very much longer to go in this bear run - when everyone is bearish and has offloaded their holdings then sentiment can only turn more positive, it's always darkest before dawn sort of thing. So much cash on the sidelines at the moment that when things do turn they will bounce hard and fast and if you're out at that point you'll be left chasing the aeroplane down the runway.
All the sage advice is to continue to drip feed money into the markets at times of distress like this, it's an opportunity to buy if you have the cash.
Yeah 18.5p was a good shout. We've closed above the 10ma on the 1 hour chart so looks well placed to continue upwards, fingers crossed.
A good day considering. According to my screen we ended 4.59% down. My BP shares are 4.7% down today so we're perfectly in line with what's happening across the sector and there's no cause for concern about company specifics.
"Another good day for my Evraz shares, not lost a penny today."
Yeah it's a nice steady share, outperforming everything at the moment lol
"Cheap shot, all my other oil shares are not down c7% are yours"
I really wouldn't read too much in to daily price movements at the moment, the market can be irrational at the best of times, at the moment it's completely bat sh*t crazy. The fact is that the company fundamentals are unchanged from yesterday when the price went up 9%. The market is like a bi-polar sufferer who offers you a new price each day - don't let the fact that it's currently suffering from an episode depression shape your view of the value of the company, just hang around until the mood swings back to a happier place.
" I can remember when they were 14% it does make you laugh."
Yes but to be fair the stock market was priced accordingly back then. At the moment, or at least until recently, the market has been priced for 0% rates and growth stocks in particular have benefitted massively from the expectation of cheap money. Given how much growth stocks dominate the US market and how much the US market dominates the global market, it's no suprise that an unwinding of positions in growth stocks is having a major impact that has spread across all equities, helped of course by a slow down in china and the war in ukraine.
We could have a few more months of pain but at some point the war will end, china will get back on its feet, inflation and rate hikes will soften, all of this will be a distant memory and we'll be wishing we loaded up the truck while things were so cheap.
Aw did the nasty man say something negative about your favourite share, he must be an incestuous benefit scrounger, it's the only logical explanation.