Member Info for profitissanity

Agree re £200k - hence comment about little acorns.... Initial, trial contracts have a wonderful way of morphing into MUCH LARGER national contracts.... Various feet in the door & all that.. Cheers

Reported in the news today is the sale of 90 double decker buses to Mexico by a UK company. Now & from memory, was there not a trial with SEV's tech' & buses in Mexico a while back ? From little acorns etc etc... Cheers

Know the feeling only too well............the joys of AIM. Have been able to "top up", AKA "average down" here !!! BUT - whilst i am more than happy at having the opportunity (& the spare funds) to so do, there are still, as ever, no guarantees in AIM. As someone once said - were it that easy, everyone would be rich !! Cheers

From memory wasn't that you Bjorn ? If I'm wrong - my apologies. If I'm right - please re-post with any updates. Cheers

After literally a few "small" buys - real SP up to 1.58. As others have already stated on here, this share is so illiquid that any sizeable buying pressure will see a major uplift in SP. Cheers

No worries. We're all in exactly the same boat here (some with lower averages than others), and we all know why we invested here. Bottom line (for me anyway) is that whilst i am content with my holding, i am somewhat surprised (& disappointed) with the current SP (apologies for paraphrasing Ahmir here....) One BIG question remains - which should be transformational for SEV : why did Cascade invest, not once but twice, at such a premium ???? That is what me (& a lot of others here) are waiting on. Cheers

ahmir121 is correct (& i thank him for his comments). In at 5.75 (ish) on the Cascade news - addiional top ups at 2.5 & again at 1.6 (yesterday). Have been here since March & posting accordingly (albeit occasionally). Cheers

I would suggest, as a minimum, reading the RNS from say the past 2 years, along with certain BB posters comments (in this regard i would suggest those by Brandaneman, amongst others). Pay particular attention to the RNSs relating to the 2 investments by Cascade, both at a significant premium to the prevailing SP at the time. I would be inclined to do this, as a minimum, before heading a BB thread with the word Dud. Just my opinion only. Cheers

& that is what they are at the moment, are, either PIs "topping up" (ie: averaging down, as i am) or peeps taking a punt at these low levels. don't think we'll see any other real transactions until news now. Still - could be wrong (& not for the first time). Cheers

Also drastically reduces my average price, having done the same at 2.5........ Cheers

& at 1.60 - almost feel guilty. GLA Cheers

Whilst i (& others I'm sure) share your concerns, i am confident that Cascade knew precisely what they were doing. They MUST have been privy to concrete information that we PIs aren't aware of for them to invest, not once, but twice, at such a high premium to the prevailing SP. I'm more than willing to hold and wait it out here. Time will tell (one way or the other...) Cheers

There MUST be a reason for Cascade's investment (s) at a considerable premium - but we still have absolutely no idea precisely what it is. Very, very tempted to wack a load more in here at these levels, but........ Cheers

All resolutions passed. Nothing else. Cheers

Holding. Waiting (as we all are) as to the reasoning behind Cascade's investment. Fortunate to be able to take "advantage" of the drop to average down. 6 months will take us to end of the year - will re-evaluate then (if not before), although should have news this month re EGM & possible sales / tenders. GLA Cheers

Appreciate the post. However, there must be more to it than Cascade's cash being used to try and generate fresh orders. They (Cascade) must have had sight of something that made them willing to invest $2m at what is now almost 6 times the current SP. Still require a lot more clarity, but like you, willing to hold and wait & see. Cheers

Absolutely correct my friend. Absolutely correct. Cheers

It is what it is. 300% + in a day - possible & achievable. 300% + in a year - possible & achievable. Lose the lot - possible & achievable. BUT (& it is a big BUT) there is a lot of money to be made on AIM. All the research in the world will never detract from the one fundamental thing. These shares are listed on AIM for a reason. Never has the old adage "only invest what you can afford to lose" been more appropriate than here on AIM. Finally - GOOD LUCK ALL. Cheers

Can't see it drifting any lower. IMOO Cheers

Going to wait a wee bit - not saying you're wrong, but waiting for late pm to see where it settles. if i miss the "boat" and you haven't - more power to you !! Cheers