George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
Haven't looked at this in a while. Was lucky to buy in at a great time.
Just look at that order book: "Order book as of the 10 September 2021, stood at £836,000."
30th June was £621k.
Year before was £519k.
Plus the margin on that is 56.4% and rising.
Yes, happy to be here. And appreciate all your input and info Rivaldo, as ever!
PS. Goodness me, we're so beaten up here, there's only 3 who post about this news. This kind of extreme board negativity is a great sign of a bottom, short of further disasters. It's often a factor for me to buy/top up - not the only one of course.
I'm very much an amateur but I also find your info on the major shareholders encouraging. TRP were in it for the games they were playing and unless they wanted to start some proper investment were bound to reduce some time. They must have made loads from us. The others are largely increasing.
If I understand the GF announcement correctly it's very good news indeed? If they're going to be having to scale volume significantly no wonder they feel the need for the new MES.
End of 1st major paragraph: "the result of this collaboration will be a GaN on Si offering at GF's Fab 9 facility in Burlington, Vermont, using wafers supplied by IQE."
"...using wafers supplied by IQE." Am I missing something or does that answer the question?
If GF 'occupy a unique place in the industry' and 'supply pretty much everybody' does that mean it's even bigger news?
PS. And I like the detail and straightforwardness in the statement. Inspires confidence.
Seems a pretty good report to me, given what we all knew already - that logistics are terrible (worldwide) and there is a huge materials shortage, so everything is slowing down. Maintaining the great momentum, reducing debt, even the pension deficit is down.
Glad to be able to make a small top up (small because I had to take it from something which may have further to rise) at this price: 222.9p.
I just had my meter changed today as I have solar and a battery and want to go on the Octopus tariff for such. It was done by a much smaller company called Smart Metering Systems LTD, not PLC, as ours is. They do a lot of work for Octopus, but don't cover the whole country so it looks like Octopus are using more than one independent rather than going in house - and they are growing fast.
This fall dates from exactly the day Liontrust announced a topslice: when it was close to its highest since 2017. Who can blame them if they've doubled their money, which they probably have. They are still the largest shareholders by far, holding it in both the Special Sits fund, and Smaller Cos. Those are both great funds: Special Sits has the name & rep, but I did really well for years in Smaller Cos - low risk, but incredible regular steady performance. I always take note of Liontrust holdings.
Since then the CEO has upped his holding by a third at 183, and now this strategy day. Today's a better day to buy than the CEO, since he was trying to catch the falling knife on the way down, while we're now on the up trend, with today to boost it.
No regrets about my top up!
"Dear Sir or Madam,
Last year in your RNS of 16th November, concerning the trial of Dentyl's effectiveness against Covid-19, you stated: "The Company looks forward to concluding the human (in-vivo) clinical study in partnership with Cardiff University and will update the market with the results in early 2021, once published."
In your half year report in September you stated "The in-vivo study at Cardiff University on Dentyl completed in April 2021 and is under peer-review and we await the results which we expect to be published shortly."
Given the enormous possible importance of this trial with regard to the whole Covid-19 pandemic and the many, many, lives being lost and traumatized, as a long term investor may I ask the reason for this very long delay. You yourselves originally expected it to be finished, peer reviewed and published in "early 2021" and in this instance it is no small matter.
If the trial had a negative result that is still important news and may affect people's behaviour, and also directions for further research into the nature of the disease, and having published the results of the in-vitro trial (through a dedicated RNS) and then undertaken the in-vivo trial surely you do have an obligation to update the public of your results.
It is also price sensitive information that I would expect cannot be legally withheld.
At least as a minimum could you indicate an actual date by which we can expect these results.
etc"
Done it: small top up. Put back some of those profits I took at 210.
But my buy is marked as a sell. Good sign I think for buyers: getting good prices. As we used to say at school: "Pile on!" :)
Only have a small holding here, and of course I'm down. Time to sell or top up.
Topped up, still small. Seems to me the bad news is likely all in the price now. And sentiment is awful - just read this board! All highly scientific!
On va voir - we will see.....
I'm no expert and have never been in business, but it always seems to me that people read too much into director buys and sells, especially sells.
It concerns me if they have no skin in the game, but on the other hand if they have a fair bit and the share rises it would be crazy to allow most of their personal and family financial wealth to be in just this one pot. Things do go wrong, often through no fault of your own. It would be irresponsible not to rebalance and to gamble their family's financial future entirely on this one pot, however optimistic you were. To do so would be to me a warning flag for your leadership and hence the company. Blind optimism is no recommendation.
And after/into a rise is much the best time to sell, as into a fall will certainly be read badly by investors and can do real damage.
Just my thoughts!
PS Also, have I understood the IIG RNS right? I read it that not only does IIG the closed end fund hold 13.28 million shares in LSTH, but also that the Chair and CEO personally hold another 12.5 million???
Surely that's a massive vote of confidence, if I've got it right. They can only commit a certain percentage of the fund, but with their own money they can do what they want.
The only IIG interims
https://iigplc.com/wp-content/uploads/2021/06/IIG-Maiden-Interims-02-06-21_i.pdf
...show they normally only invest amounts up to £1m. This came via an investment of £1m, so it was the max.
Really, really, pleased to be in here, even if I'm the Johnny-come-lately and it was at 12.3p. I believe this is going to be so important going forward, and much quicker than we think, as climate change bites. I've been looking for companies in this area for a while.
"The grow lights market alone has a global estimated market value of £20.5 billion and is increasing at 21 per cent." Surely that's massive for a very new market.
It's great to see that they have their own distinct offering, working with the producers:-
'Within its complete offering there are also a range of sensors where therein, lies the real revenue generator which comes in the form of the information that it is providing the farmer or grower via a live stream.
Deacon [CEO] says, “we will typically look to sign a six or seven year contract around this and work with the farmer where we can read what their current environment is, what they are growing and how it is performing”.
He adds that as part of the offering they then recreate the greenhouse environment being monitored within their own lab in Derby. Here, the company scientists are then able to gather, interpret and relay information that covers all aspects of performance and yield, from lighting, feed or watering being undertaken.
LST’s input will vary from just providing that information to the end grower where major players have their own scientists to initiate the recommendations, or a more hands on input for those operating at a smaller end of the chain.
Deacon reiterates that there is nobody else that they are aware of providing the whole turnkey solution that LST is delivering.' [From the Flitton post]
This sounds quite like the water division of MWE, which has been doing very well. Selling a lot in China. I know the Chinese are studying this area too: they have people over here studying it in UK universities. Then they go back to good uni posts in China. TV tells me the Dutch are also big into this area, and so many others are looking at it worldwide.
If climate change accelerates more than we expect [FWIW I think it will, but that's personal opinion] controlled indoor agriculture will be one of the areas that will become completely essential. Not only for food, but also it's a great carbon sink. Raise the concentration of CO2 and the plants grow quicker, -> more food, -> sewage, -> green methane for heating, biofuel, transport, etc. Scaling is the issue, but, hey, we could surprise ourselves.
It is Bushveld: "The Company participates in the vanadium value chain through its two resources: Bushveld Vanadium, which mines and processes vanadium ore; and Bushveld Energy, an energy storage solutions provider..... Bushveld Energy is focused on developing vanadium energy storage market through vanadium-based energy storage systems called Vanadium Redox Flow Batteries (VRFBs)."
ie Vanadium mining, primarily for flow batteries - one of the hopes for battery storage of green energy, with a finger in the battery pie itself.
So, yes, we went a bit off-piste there. comparing losses!
Plenty of companies have suffered this last month, but Bango is down 23% which does seem more extreme than most. Any thoughts as to why? It's not as if it's spiked recently: it's trodden water since February, while moving nicely into profit.
Agreed. Good position for another acquisition.
Lovely quiet share. Yet we've doubled since I came not much over a year ago. People knock Simon Thomson, but he's done well for me. In the main! Much better than the rest of IC.
It seems a fair question DW, given the long silence re HiiROC, and the total lack of news on their website as far as I can see. However I can't see the German gas firms investing in something that hasn't got real prospects, and was the end of March.
Thanks to Klunk for reminding us about HiiROC, I'd forgotten about it, and if it works it could be amazing: local easy carbon capture and storage, while getting the energy out in clean hydrogen. Love it.
And since I topped the other day it's a definite 'Strong Buy'! :)
I have a similar dearth of fingers. Like you I'm looking for a top up point: should have sold long ago, didn't, and the present holding is hardly worth selling - sometimes in this situation a small top up has done wonders.
Can't help wondering if he's trying to put a little pressure on people to make their minds up, and warning them that once someone jumps there may be quite a few others and the price may go up! But I've often wondered if customers are waiting for the S series to come in - and then someone else to buy it first....
I think the Extreme-E was a great idea - as long as it's genuinely gone well - to prove to people that this really will work and will be reliable.