Member Info for perkylad

...plus decent update rns from smds yesterday. Circa £610M this year and £688M projected for next. Would like to think that with a decent 4.5% div too this should get back to 400p region this year.

..today. Roughly 1% of MCap. The trades are stated 'unknown' but looks like two large buys to me...? Maybe a holding RNS will be forthcoming.

https://www.fool.co.uk/2022/04/25/has-itvs-share-price-become-too-cheap-to-miss/

Fool write up gives a hesitant thumbs up too for what it's worth. I bought a few after the results (and sp drop) and think ITV may end up benefiting from a consumer spending squeeze with more staying in and watching free to air tv. Finely balanced tho atm so will average my way in carefully...

https://usvanadium.com/solving-the-technical-and-economic-challenges-to-reprocessing-vrfb-electrolyte/

Some background i came across thinking about the economics of recycling Vanadium from VRFB's. The value of the 'old' Vn depends on lots of factors, but estimates it at 20-50% of the prevailing V2O5. Who knows what that might be in 20yr but interesting none the less..

https://www.cruxinvestor.com/articles/what-retail-investors-need-to-know-about-vanadium
Prob been posted before, but i only drop in here now and then...

Spread is bad but not as bad as per current figures shown here. Currently is showing Ask 2.3p Bid 1.5p but can buy/sell at 1.88p/1.55p and maybe better if you put a fill or kill/ limit order.

At risk of repeating myself (again , sorry :) what i like about the economics of Vanadium in VFRB's is the thought that as the Vanadium is supposed to be easily recycled at end of life, It could be worth a lot more than when the machine was first assembled...?

12.1 Million kg isn't it?

Yes DamayHill, agree with your comments ('open,honest...') about the management. So when David Bundred says ' The task in 2022 is to turn these game-changing orders into profitable sales.' I for one, believe he probably will!
Great to see broker upgrades, and i'm very happy to accumulate for a med/long hold.

Yes the reliance on coal fired assets has always been my problem here (I'm not a current holder). I know they could do with some debt paying off but selling their stake in Karnataka solar has always seemed to me to be going in the wrong direction. I no longer research this so there's probably a good reason, but why continue with the sale whilst saying they want to pivot away from coal to more renewables?

Yes buying more at current prices seems to me to be a very reasonable risk/reward proposition too...

...mentions TPG. Nothing substantial but may be of interest to shareholders here.

Yes above average volume for last week or so, may indicate the low point. Great recent results and turnover upgrades for next couple of years should all help..

Yes the last summer high (£26 ish) was a bit frothy (even above analysts avg target which i flagged at the time) but even allowing for that the drop to £11 ish seems v pessimistic. Given the inflationary uncertainties plus Ukraine/ Energy prices etc I'd like to think we're near to the low point (whatever that turns out to be). The charts show above average selling vol recently which might indicate a low but given the current Ukraine situation, who knows...GLA

I sold some tranches in mid/low 300's recently on the way down but have now started to rebuild my position. I don't take a great deal of notice of broker SP targets, with the exception of when their average target price starts to show an increasingly large deviation from the actuall, eg current VLX avg target is £4.90, SP now 260p, It can flag an opportunity. Recent acquisition looks positive too..

Yes i think low 300's should be a good entry price despite a recent broker price downgrade to 430p (but keeps SMDS as 'buy')
Also found this new packaging solution :-
https://docs.publicnow.com/viewDoc?hash_primary=A288B425DF11E208CF10B0ED09C4921EE9E2081C

Happy to hold for yield and capital growth

Cheers for info. We should get a bit more current info with full yr21 results in April. No specific reason for the drop to the 30's except energy costs, new car sales and WW3 worries!
Big year for them this year with prospective maiden positive EBITDA and so i'm happy to continue to average my way in at these reduced prices for a med to long term position.

Projected EBITDA 2023 around £3M so not long to wait for positive figures...

Yes i think it is a steal but what the market thinks is ultimately the arbiter. No idea why this isn't nearer the effectibve £31 take out price. Money for nothing it would seem?

Miton RNS appears to have sold around 5M shares but a rough look at last couple of weeks of daily volumes doesn't seem to add up to anywhere near that volume....? My data prob wrong and their stated sales doesn't seem to be affecting the price downwards. Yes DDOS attacks are good for business (unfortunate tho they are)