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You're right. I just wouldn't want anyone to miss a SITter.
SIT - It would appear that the current fall is profit taking. When the share has bottomed out I'd suggest buying. This is a good company with a great product.
IOT - I've taken the plunge. These have been absolutely battered, but I feel that fundamentally the company is still a good long term buy. 1. They have a good product and a strong position in a good sector. 2. The NHS delays may give them the opportunity to expand internationally and therefore reduce their reliance on the NHS. 3. The NHS revenues are for the most part delayed rather than lost.
BFC - I think a takeover by DOO is unlikely for several reasons. 1. If they were really interested then surely they would have bought in dec when the sp was much lower. 2. Short term DOO seem to be achieving increased productivity by linking D1 20s. 3. They're developing the D1 200. 4. It could well be more efficient for their business model to have lots of small local prodution units in India etc., rather than shipping jatropha back to England. If, however, DOO stall with the development of the D1 200, end up with lots of jatropha and the production capacity of the D1 20s isn't enough then in the future a takeover/merger could emerge. That wouldn't be for a couple of years though. Also, if BFC nosedived again then it wouldn't surprise me if DOO went for it largely on valuation grounds.
ALk - I know of no forthcoming news that would cause the sp to rise. The reason I'd buy back in (I currently hold none) at around 15-16p is a) that I'd expect very strong support around 14p and b) if they achieve profitability this year then the sp will rise significantly, probably back up to 30p+. The company is not in my opinion facing terminal decline just a temporary setback. However, there is a strong possibility that the current sp will be as low as it gets. So, if after looking into it you decided you really wanted to be in long term, then I'd buy now. My current position on biofuels is that I have stacks of DOO, half as much GTL and half as much again BFC. Of those I think DOO has the best long term potential and at current prices is a good buy (1/3 of my holding I trade and would take profits on at 330p). At the very least DOO has to be worth a small long term punt. There are no direct competitors with DOO and both the product and the potential size of the market are pretty exciting. GTL is in my opinion a safer bet than BFC ( I bought at 145p because I felt the selling on production news went too far, though I'm not really thinking of adding at today's sp), whose volatility scares the hell out of me. To conclude, I'd buy GTL and DOO if I held no renewable energy shares. I'm also keeping an eye on SIT, which I'd like to be in long term.
ALK - My plan is still to get in around 15p, though I might be tempted at 16p, with further purchases if the price falls beyond that. Turnover is now higher than market cap, which for a comapny that is operating in a very promising sector, suggests that a turnaround in the fortunes of the company could see a significant rise in the sp.
DOO - I think the downturn after results has been overdone and I would be genuinely surprised if this didn't return to 300+, maybe even 330, very soon. Things are certainly looking up at the moment.
BFC - If you're expecting this to get up to full production any time soon, then I think you're going to be disappointed. I wouldn't be surpried if it took 3-4 months before full production was achieved. However, I'm in because I think that if they get it all sorted without having any more financial setbacks then as soon as full production is achieved the sp will rise pretty quick. Hopefully, they'll keep us updated though.
DOO - Well, we soon saw a return to the 300 mark. Today's quick bounce back to 295 is definitely a good sign. I was dreading another fall today and today's rise certainly makes possible a push beyond 300, and even a further rise to 350+ - maybe even in the near future. Not that anyone would be that surprised if this dropped back. I'm optimistic though and if you definitely want to be in on this one, then there's certainly no guarantee that you'll be able to get in cheaper than now.
GTL - Sorry, I didn't mean that BFC had higher intrinsic worth, but that it had a higher market cap. My point was that I think there's a lot of margin for mistakes, delays etc. in GTL's current sp and that if things go well, or at least better than they did at BFC (hardly a big ask), then the sp should go up. Also, I do own BFC. Bought back in at 145p. I think that having got this close the chances are that BFC will survive, in which case there's big potential upside once production gets going and things settle down.
CER - There's been nothing but sells for the last week or so. I'm planning on staying on the sidelines and hope to get back in at 190-195. The current decline is almost certainly a correction rather than a problem.
GTL - This company is basically in the same position as BFC was a year ago. BFC got pretty much everything wrong, form hedges to 6 month delays. However, BFC, despite its precarious finances is worth more than GTL. If things go to plan here the sp will more than double by the end of the year, and even if they mess everything up like BFC, then they still might be worth more than they are now! I'm in.
ARM - Just bought. I've always quite like Arm and I'd be surprised if this didn't bounce back up to 140 quite soon. Intel may have warned on profits last week, but Arm itself seems to be in very robust financial health with good recent results and good prospects for the year.
ALK - I was just commenting on how - despite reasonably high volume on the announcement - it wasn't until after close that people really started selling. This late selling was what led me to suggest that it might be better not to buy straight away but to see if there's some further weakness. I like what the company does enough to have bought into it a couple of years ago at 14p, though not enough to have held at 40p. If I could get back in at 14p, that'd be great.
Alk - 16m shares changed hands today, 10m of which were after 4.30 - all sells. In other words, 10% of the shares in this company were dumped after 4.30. This company's being going nowhere for a while and is losing money despite high energy prices. Long run potential's quite good, but I think we could see significant weakness first. I'd sell at these prices and look to get back in at around 15p.
CHP - Thanks for replying so quickly. Cynic - I think I'll steer clear for the time being. On the basis of what you said it sounds like it'd still be a good buy if and when the licence is awarded. Rather than gamble on the licence being awarded, I think I'll take another look if and when it is. Good luck everyone who's already in.
CHP - So far I'm still only thinking about dipping in. Does anyone have any idea what price we can expect to see if a) they get the contract and b) they don't?
CER - I basically agree (See my post from Sat). I just thought that without any apparent reason for today's rise it was a good idea to take profits and hope to buy back in at 190-200. Personally, I think a fall back to 200 is more likely than a rise to 250 at the present moment.
CER - Not quite sure why these are up today, but an 8% rise for no obvious reason suggests lock in profits and sell to me.
Lots of buys today. I reckon this'll head back up to 170-180 pretty soon.