The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
I cant quite believe that VELA is still treading water at this level (0.084). SGS progressing well with news not all that far away, crypto looking strong and cash in the bank to support the company or chuck into new investments.
At a couple of points in September/October it looked like we would be seeing 0.2 pretty quickly. Bring back those days.
This week Bruno Wu and pretty much all the previous directors of London Critical Metals Market have registered Ares Motors (Europe) Limited with Companies House. Could it be that CZN is their way of getting into the UK EV market with a London listing?
https://find-and-update.company-information.service.gov.uk/company/13119455
Looks like we are on for another week with remedies for covid in the spotlight. Come on SGS, give us some good news.
And more importantly, come on Normand, tell us where you are splashing that million quid sat in the bank.
SUN SEVEN STARS INVESTMENT EUROPE AND MENA LIMITED registered by Bruno Wu a couple of days ago with companies house - https://find-and-update.company-information.service.gov.uk/company/13103809/officersPotentially of no effect to CZN but certainly interesting that Bruno and Co have been doing a lot of chopping and changing in the last week or so.
After a flat few weeks there seems to have been a real upward swing in buying pressure. I don't really subscribe to the idea that anyone has been tipped off about potential good news, rather investors are starting to see how next year could pan out with a few decent investments (including mode currently on the move) and cash in the bank for 1 or 2 additional investments.
Would you believe it. Another day later and London Critical Metals Market has undergone a name change with companies house and become OXYLUS WORKS LIMITED: https://find-and-update.company-information.service.gov.uk/company/12505827/filing-history
What on earth is that all about?!
I think half the problem with VELA is that too many investors have been caught up in the COVID bubble and bought here for the Arcadia trials. The reality is we have a top class director, over a million in the bank and a whole host of investments that average down the level of risk shareholders are exposed to. I have been happily topping up over the last few weeks as there is no way we will be stuck at this level for long (look at how quickly the SP perked up this week).
We have some interesting signs of life: Check out the companies house filing records for London Critical Metals Market Limited - https://find-and-update.company-information.service.gov.uk/company/12505827/filing-history
In short:
Change of directors
Change of address
Still linked up with Convergevest Holdings Group Ltd
January 2018 - 9p
January 2019 - 1.85p
January 2020 - 0.875p
The trend is definitely not our friend!
Still here waiting patiently, not that we can do anything else at this stage. The money is in the pot. Just a case of waiting to see whether it's boom or back to normal.
Trials with George Street look to be progressing nicely.
Crypto is looking good for Mode
We have cash in the bank and a decent director.
Our time will come. Look at SYME - Flying today on the "assumption" that good news is due next week. VELA have numerous positive announcements due within days and we are at bargain basement levels!
There better be decent news on Monday with this kind of buying pressure.
All is well. Suspended pending further announcement regarding the RTO. Exclusivity arrangement with SSSIG ends in December so we may have to wait a couple of weeks (Unless the BoD have been super efficient vs their more recent relaxed approach to progress :)
I'm not a massive fan of the charts (seen a few shockers in the past do the complete opposite of what was touted).
I do however subscribe to the phrase "The trend is your friend". Once we see a few green days we will see the SP really motor. New buyers have plenty to look forward too with George Street trials, Mode Investment updates, new investment news and a very health bank balance for new opportunities. Not to mention the director has previous form of generating good returns for shareholders elsewhere.