Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
This was somewhat expected so I don’t expect a giant rise from this one tbh. And it was tbh alot later than planned. Good news all the same. I wonder what it will take for us to reach the heights of a couple of years ago again.
I bought a small amount at 11p. Then bought a load at 1.34p. I have been tempted to sell, but it seems like there are a potential few big events happening in this sector. So I am (for now) holding.
Given I remember that really not that long ago this was up in the 20’s. And I have seen it go from 5p to 10p in under a week, I feel it’s worth a hold. Maybe I’m stupid though.
Ahh okay!
Didn’t realise. I thought they withdrew the application.
Interesting, could happen then. I was actually annoyed thinking it was withdrawn, given the recent events, it would surely be sensible to approve this.
Greenlight its use as a sustainable energy park?
Or are you talking about the previous fuel pellet conversion application?
If it’s the latter they’ll need to apply for planning again as they withdrew the application.
I am hopeful something can happen here. I was annoyed they gave up on the fuel pellet conversion.
Excuse my ignorance. But what’s the reason for guys buying these shares now when it will get delisted? Just quick profits? Or are they doing it to own the 750/1 shares?
Reason I ask, got a message from my broker basically telling me, this is a highly unusual situation and they will sell my shares for me on the 10th January, not sure whether to just take the pittance I have left out now or see if it drives up between now and the 10th.
Not that it is that important. But… on the 8/10 he reported that his final holding of SAE went in Aug/Sep at a 60% loss and that it was a s**tshow but ‘lessons learnt’.
Personally I’m still remaining in as an ultra high risk ST trade. I think it will either be a ‘lose it all’ or ‘multibag’ situation. Fingers crossed for the latter!
I agree with Pask.
I have been checking the list of Welsh Minister’s planning decisions each week. At the moment, Uskmouth isn’t even on it. It seems like they are just delaying it indefinitely.
So I would say, in my opinion, completely forget Uskmouth for now, it’s not happening.
The company is, priced for failure, and it is a huge risk, but I am somewhat hoping this year, with COP26 etc, they can gain some traction with their tidal tech etc.
And the potential upside is huge. So I’m taking the chance, but will reevaluate towards the end of the year.
I’m only dabbling and bought with profits from that David Beckham cannabis IPO a while back. So I was somewhat derisked from the start. But meh.
But meh, didn’t top up today, will see what next week holds.
I think…
Worst case scenario they go bust.
Another scenario is they get bought out at a huge discount, otherwise they go bust.
Best case, Uskmouth gets approved or they find another site and we have ourselves a 50 bagger.
Massive gamble, but, might pay off. My 2cents.
(I’m in at 11p at the moment so I am here for a while!)
I think it’s a series of unfortunate events tbh. The whole Gupta thing on top of this call in.
I see huge opportunity here, but huge risk. Tempted top up. But am generally opposed to chasing losses.
If they survive, it’s a bargain right now. But they seem desperate for cash so it could just collapse. Lets be honest, everything is pointing towards the Welsh Government rejecting the Uskmouth conversion and they are scrabbling around trying to find an alternative conversion project.
As they compared themselves to Brandwatch in a podcast a few months ago. I thought it was worth stating what happened to them, for anyone concerned with the 2 recent raises.
From Wikipedia :
“ The company received $6 million in venture capital from Nauta Capital in March 2012.[12] In March 2014, Brandwatch partnered with Gnip, a social media API company, to release a new application that would allow users to access more social data and analytics.[13] By May 2014, Brandwatch had gained $22 million from a new round of funding led by Highland Capital.[12] In September 2015, Brandwatch launched a French website.,[14][15] On October 29, 2015, Brandwatch raised $33 million in Series C funding, led by Partech Investors, to invest further growth in the US.[16]”
So brandwatch had 3 large raises according to Wiki. So tbh this is all expected. Will be interesting to see what happens here.
I’m personally hoping in my dreamland that this Covid vaccine company is one of the giants and we get some kind of licensing deal to be their delivery system. If that happens I see huge spikes to £1+ this year.
US patent news will probably briefly spike us to 16-20 but then back down.
If the covid side fails and other products look promising, maybe a slow rise towards 20p but with potential money raises in there lowering the price.
That’s my purely speculative view.
Could all come crashing down also. US patent gets rejected, no licensing, other products are far away etc.
He tends to be quite honest in my opinion, he does ramp Avacta a bit, but that said his research is displayed on his website, so he at least has some facts to fall back on. He posted his portfolio up the other day, his biggest win is AVCT at +700% (was more but price dipped). Doesn’t always get it right.
He’s invested based in the fact that N4P expect some kind of news following their trials at somepoint in the coming months.
The biggest take away I got from that interview, is the interviewer really needed to drink a glass of water.
He wasn’t talking about Apple the company at all.
He was using the phrase comparing Apples to Apples, when asking how he was going to compete with Spotify/Pandora. Meaning he thinks the service is different enough with video/vr content etc.
Silent.
Can’t remember exactly what my first post said and can’t be bothered to reread it. But I wasn’t trying to give the impression of it being likely to be approved.
To be clear. I have absolutely no idea. I’d have to had to have sat in on various welsh government meetings over the past 12 months to even hazard a guess how it’s going to go. Also, I have not researched much past the recommendation for approval. I’d also have to look through all of the objections and judge the reason as to why it’s been called in.
I guess the point I was trying to make is, the government need a decent justification for rejecting it. And SAE believe they have ticked all the relevant boxes.
One thing I’ve learned with planning is you really can’t predict either way how things will go!
I remain invested and optimistic. But absolutely would not be shocked by a rejection.
I’m just looking to discuss what could happen tbh, not looking to convince anyone either way.