Member Info for Paul2566

The markets are reacting badly to something HSBA down nearly 4% already, any ideas?

Gazzleberry
I get a nasty twich when MXC is compared to established companies.
Lets start with RR., it had problems way before Covid, however it was on the mend but Covid hit while it was weak. RR. is however a stock with a reliable customer base (usually), a strong competitive advantage, patents, highly skilled technicians and a brand that is known far and wide whether you are an investor or not. There are a limited number of companys who produce jet engines for the market RR. is concerned with. But yes the fund raise was as you say just to keep the lights on. ITM I am not familiar with but before typing this I had a very quick scan over their numbers, and at first glance I don't like what I see, and that particular stock has I suspect some trouble ahead.
MXC has no customer base to speak of, is in a very competitive marketplace, is pretty much unknown to most people, and as you stated with RR. any fund raise will be just to keep the lights on.
I think MXC is doing a pretty good job of building the foundations, as I said above. It could do with keeping Roby away from the camera more and using some more professional PR to raise its profile.
The main problem lays elsewhere, I don't see any real excitement from buyers.
I also have this nagging voice in my ear asking if these types of product have such a profitable future, why haven't big pharma started to aquire market share.
There has been a lot of talk and hype about cannabis stocks being the next big thing, the problem there is, firstly MXC isn't a cannabis stock, its a pharma stock based around natural ingrediants, and I don't see any evidence of 'cannabis stocks' taking of in the broader market.
I'm invested here and want MXC to do well, but talk of 'whoosh to the moon', '10p by xmas', 'its because of manuplation', is doing nothing to help. It just entices naive investors, who don't have the experience to consider weathering the drops and sell at a loss, just leads to mistrust, which in turn does little for the SP.
I say at these prices buy the stock, but take those rosy specs off, open your eyes and see it for what it is, a high risk speculative stock, that may, I say MAY, do well, or fail. Only invest what you are willing to lose, and for goodness sake don't make MXC your sole investment.

Trump, right a baffoon who cant string a sentence together, who was given a fortune and an empire only to reduce its value considerably while under his control.
He is actually worth considerably less now than when he took control of the empire and with that much power its a hard trick to pull off.

MikeM14
Sorry you are correct, the EPS of 11.4 is from ADVFN, when checking some other sources I use it shows 5.9 which does match the Annual Report.
Apologies

I didn't even notice that. Nice.

SD235
I'm not saying you are wrong, but I have never seen it and dosen't seem to make sense.
If I ever do see it I'm going to pump every spare penny in and sell instantly, then repeat till my finger fall off.

I agree the BP. stock price will continue to rise in the near term, by how much is anyones guess.
Excellent news for its green development, more cash should lead to a faster transition and more secure future.

At the moment if you add tax and costs, I was better off holding as the difference is only about £74 for me and thats calculated only on a bid price, obviously it would cost me even more as the ask price is higher, so I'm happy I held.

However I've been through this ramp/deramp nonsense on here before, and I will steal a phrase I saw the other day that tickled me.
'Never wrestle a pig in mud, because sooner or later the pig will start to enjoy it'

As far as MXC goes derampers are as real as father christmas.
My question would be who is attempting to drive the price down and to what end, because apparently its been going on for some time now and I haven't seen antone take advantage of it, as for institutional investors and the pros, they have absolutly no interest in MXC and I doubt its even on their radar.

P/E should read 53.98, although another source put it at 539.8.

stew200
I am happy to see some numbers you have to put some meat on the bone of a 10p - 15p valuation, and more than happy to be proven wrong.
I have included the points you mention in my estimation of the true value of MXC.
I have made some allowance for its prospects but not at the inflated weights some put on those prospects.
The $24m contract you mention would not meet MXC's expenditure for the same period, which is estimated at $45m, which is generous since as production increases so does cost, and as correctly mentioned by Pokerchips, this contract isn't a done deal.
The busines is growing, and laying some good foundations, but not at a rate that will outpace expense before it runs out of cash.
The other problem I see is that you can have the best product in the world, but if no one buys it in sufficient quantities it goes nowhere, and I don't see those sales evident at present.
This at the moment is a purely speculative play, and it may well in time be very profitable, but I base my estimate on the value of the stock as I see it today, and even if I put on my rose tinted specs I can't see half the values you are suggesting.
But like I said, put some numbers there and prove me wrong, you would make me very happy indeed.

Hello all.
I am currently considering adding USFP to my portfolio.
I already own TRIG, UKW which are similar but mainly centred around wind power.
I'm only comitting about £5000 as an inital investment so its not going to change anything for those already invested, so looking for honest unbiased advice and insights as stock information is obviously sparse.
I can see its trading towards the bottom of its 52 week average, with a P/E about 5398 which I must admit looks expensive.
At first glance as with many IPO's it seems to be still genrally falling towards a base, which as far as I can tell is likely to be somewhere between 68p and 75p.
Its latest dividend looks to be around 4.1p for 2021 and is expected to be covered by operating cash flow 2.57x.
Their latest update show energy production 7.9% below their quarterly forecast, resulting in revenue 5.9% below the forecast for the same period.
In the reporting period there were some technical issues at some sites which were resolved.
I like the idea of getting a holding in the US green energy market, via a LSE traded stock, but is this the right bus or should I wait for the next one.

Well I got in at £9.7844 including taxes etc., so it makes the dividend a bit better than the quoted 3.98% for me at 4.428% of my investment.
In these very uncertain times I intend to keep taking the dividend and reinvesting it, even if it hits £11.
I nearly 1/4 of my stocks are utilities, although 2 fall into alternative energy also. I think this will serve me well should the markets turn nasty.

mike
The reason it fell is manyfold, its loss making to the tune of around 15m per year, it never was worth anywhere near 9p, but hype and fomo drove it up. There are a lot of very inexperienced investors in MXC. It has a very limited cash runway, and not much comming in compared to its expenses.
Its very difficult to estimate its true value, but taking everything into account I would give it a fair value somewhere between 2p and 2.5p.
Until institutions get interested in this you are unlikly to see much happen and be sustained.
At the moment its mostly rainbow chasers, dreamers and gamblers, with a minority of investors.

Looks like it was posted Tuesday, and was a good move. I held as I take a longer view, and wasn't ready to take the risk for a relatively small short term gain.

So if you bought in 1990, reinvested the dividends, I wonder what the true profit would be.
I guess it comes down to this, I have over the years made bad investments. Its not the stocks fault, its my fault, I either didn't do enough research or just made the wrong assumptions on the information I had, oh and every now and then weird stuff just happens. The name of the game is to have your wins outdistance your losses by a good margin. Everyone makes mistakes, even the best pros.
However once you have identified your mistake, if you continue to hold or chase the price down, thats no longer one of those things, its plain stupid, again the opposite of rocket science.
As for avoiding Amazon, again since 1990 there were several chances to correct your mistake over the following 31 years.
I guess that means neither of us have a future in space travel.

BAE Systems, has launched its next-generation power and propulsion system for the marine market.
HybriGen Power and Propulsion is a flexible system - improving electrical efficiency and vessel range, increasing propulsion power, and simplifying installation and it provides a flexible solution to help operators reach zero emissions.

The U.S. Army has selected BAE Systems to serve as a prime contractor on Lot 1 of the 10-year, $2.4 billion National Cyber Range Complex Event Planning, Operations, and Support hybrid contract.
I'm not certain how old this news is but I only just picked it up on a piece dated 22nd November.

I have no idea why I said I hold 2 stocks in the 'Life Insurance' sector, because I actually hold 3, but I do intend to trim that back to 2 in the next 6 months or so, but havent decide which one is going yet, I do know its not going to be LGEN.