The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Hope not too many got caught on that spike up to 4p! Seems all it takes now is there mere mention of Covid and people will buy
Clear support in the early 90's and I think we will see a steady build from here. This is not one of those Covid stocks that will jump 30% - we have good fundamentals here and will see a nice rise back to £1+ only then will we talk about a takeover. GLA
Impossible question to answer as only you know your financial situation and how much you have invested. If it were me, I would take a good % (say 30%) out so whatever happens you have made a profit and are a winner..
Then let the remaining 70% ride the wave - as I can see this going much bigger. It isn't as if you will ever regret taking that 30% as it is still profit and you will be making a ton off the remaining 70%!
This is one of the most valuable things to learn. Always ask yourself why people would be posting negative comments such as "will be back to 55 this time next week" "sell now whilst you have a chance" etc.
Does anyone honestly believe they are spending their time warning others out of kindness? Of course not - Only trust your own research, that of respected investors you know and fundamentals.
I didn't say 2019 results have been affected by COVID?
I said "it seems home consumption may offset this" - as in over the course of the outbreak. This was taken from the commentary released with results.
Good numbers in today's results and important not to ignore the fact this growth has been driven by the US market. Having already had the big scare drop from Covid down to 900, I can only see FEVR heading up from here.
DEBT free
10% revenue growth
On trade clearly affected by COVID (what isn't) but it seems increased home consumption may offset this somewhat.
All in all - positive results reflected by this morning SP rise, might be an opportunity to bring down averages.
I bought in at 0.50... in May 2018. Since then I have seen us get up to 1.8 and could have sold for a tidy profit. I now find myself pretty much back to whee I first bought in. But I still have faith.
In that time we have signed and executed a contract and multiple MOUs. We now have 19% ownership of a plant. We are due to receive large revenues up fron when we sign a contract in the coming weeks. The technology is still as relevant today as when I bought in, if not more so.
I urge LTH and newbies to be patient. I believe this will come good and have put my money where my mouth is. I see this going north of 1.8p in the near term - otherwise I would have sold in February. Have a little faith
"#EQTEC are delighted with today’s announcement of the first of our five projects with Phoenix Energy.
Per our company announcement on 22/5/19 these projects have a value range of $15m-$20m each
We look forward to updating the market soon on further developments
#EQT #BIOMASS"
Important to notice FIRST OF FIVE. This could be huge, especially as they are delivering instant revenue. It is a shame it has come in at .45 as I imagine a number of LTH will have bottled it and sold.
If we do get genuine and immediate revenue from this project then it will be a game changer. We can have all the MOUs and contracts under the sun but only when we show huge growth to our revenue and eventually profit, we will multi-bag.