Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Agreed. It quite clearly says “no problems over here”.
Another tip for MPAC, Lucy T the Sunday Times today. All free positive publicity is good publicity!
I shouldn’t worry too much. The Bank of England decided not to reduce rates today and it doesn’t look like it’ll happen soon. Until rates go down this won’t become attractive. But when they do, it should rise
Tend to agree, Jurado. The company fundamentals are in place to support a higher price and hopefully the market is now recognising that. It will take time for the market to overcome the company’s now distant past but give it time.
Obviously we don't know... but it's getting a bit carried away now and I do wonder if something has got out. In a way, hopefully it has, because it must be good news! Fingers crossed they've finally got something sorted out.
ATB
And selling this off. Anyone have access to the full shares traded today? Doesn’t seem that much traffic going through. Mind you, doesn’t take much to move it down ten per cent…
That seems a positive update. I keep reading it looking for the nasty detail but there doesn’t appear to be one. Dare we hope the company is on the right track at last?
I don't know of any company linked reason as to the fall but the European Central Bank kept rates where they are today and made no mention of lowering them, in fact the reverse. The read across is that the BoE and the US Fed will do the same meaning that shares like Gore Street will not have a reprieve any time soon.
I tend to agree r.e. bottoming out. Just commented on the BGCG board (which is extraordinarily quiet) that the majority of the negativity must be priced in by now. You would think/hope! Perhaps the news of the potential for Chinese stimulus will come to something. Fingers firmly crossed!
Maybe it is, maybe it isn't... but by now the majority of the negativity has to be priced in? You would think... Either way there reaches a point where this becomes a value proposition. And given that this is a quiet board (often a good sign) I'm buying more.
Definitely a time for patience. It's only four weeks since the trading statement telling us that revenues in 2023 would be 500% up on last year and 100mw of orders for Mistral which is still in the testing stages!!
And they also added: "The increased size of these opportunities naturally leads to a longer sales cycle than Invinity has previously experienced."
And we still have two-thirds of Q1 left for the strategic partnerships to materialise. I think the company is doing the very best it can it what I imagine are testing times.
“we will report a substantial increase in revenue and profitability in H2 2023 over H1 2023. Mpac's balance sheet remains strong, and we closed 2023 with positive net cash, in line with our expectations.“
A reassuring sentence if ever there was one! Looking forward to the full set of results!
Seems like someone may be on your wave length here oldbutnowisa… hopefully it’s good news that has leaked! We shall know soon.
IES seems to be heading north to finish the year. I just bought some more to continue averaging down and the deal went straight through so seems to be plenty of liquidity for a change. All fingers crossed for 2024!
Https://www.youtube.com/watch?v=D8KGgjL4Lx4
I think this is the first one of these the company has done? Correct me if I’m wrong. Worth tuning in 30mins into it for the portfolio and growth update alone. Quite considerable growth planned for next twelve months so possibility of positive news flow as it all comes online and becomes accretive.
Ketan Patel, a director of both ETC and Shanta Gold, said a poor valuation for Shanta and gold miners generally, a lack of liquidity in the miner’s shares and other geopolitical risks had prompted the offer.
Current pressures on Shanta's operating market are to persist for the near term, he added.
My thoughts: good to see an impartial director with no bias selling Shanta for what it's worth....! Geopolitical risks? What a rhetorical argument! Elaborate please!
Anyway, on a positive note, I have enjoyed taking part in the discussions on here. Generally insightful and polite. Not something that can be said for every board. I wish you all well with your other investments.