Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. Watch the video here.
Agree, for me, this is one undiscovered gem with sound management on board and enormous potential. A resolution to the Israeli situation alone should add c40-50p on the SP - exciting times to be inversted in ENOG!
Precisely, would appear that the Yanks seem to be far less concerned about 4 Democrats writing a letter to the company rehashing old / inaccurate, bordering on fake news (where have we heard that one before), than us and it stinks to high heaven that said letter was timed precisely to coincide with the lisitng and the short attack. Despite the best efforts of the resdient idiot here (see my earler post for details), some of us bought today and bought again and I am pretty confident that was the right decision. ;-)
Couldn't agree more. Anyone who hs traded in shares and been on any board longer than a week will tell you this - a paid (or incentivsed) deramper follows a very simple pattern, namely, from dawn to dusk they'll be on a speciic board sowing negativity and doubt. In order for them to succeed, they rely on volume posts and punters taking the bait (i.e. responding), as this way the entire board becomes clogged with the negatives and the deramper will always ensure they get the last word in. No, they are not paid by hedge funds but I know for a fact of a case where a HF manager gave wind to a trader in advance of him opening a short and said individual wlaked away with a few peanuts from his table. Ask yoursref this - what other possible reason would they have (and ignore them). ;-)
GG, well, let's see. If any of the theories you are extremely keen to promote are even remotely true, no doubt the media will have pickd up on them following today's dismal performance and within the hour we'll hear them echoed and perhaps even, expanded upon!
On the other hand, today could simply have been a dismal day as it was for the vast majority of the market.
I know which one, my money is on. ;-)
Fernan - the problem with your analysis is that you place no value on CHAR's other investments, whereas I see it as CHAR building a sustainable (no pun intended) and varied portfolio which ultimately will enhance shareholder value. Take Green Hydrogen as just one example - The global green hydrogen market size was valued at USD 4.02 billion in 2022 and is expected to hit over USD 331.98 billion by 2032, poised to grow at a CAGR of 54.98% from 2023 to 2032. That is one heck of a forecast growth rate and CHAR's early involvement is a pretty shred move (IMO).
Well, I for one cannot beleive my luck (as in being able to purchase another 3K shares at 203p)! The whole article is indeed balanced, but none the less, the author provides more than a hint of how those in the know generally regard Quintessential Capital , e.g..................
"The hedge fund may be talking nonsense"
"Quintessential Capital itself may have a low profile" (as in no market reputation, or "an outfit" as the author also refers to them )
"None of which, to repeat, is to suggest that Quintessential Capital is on the right track at Darktrace. Its ādeep investigationā may be deeply flawed. The hedge fund may have misunderstood or have piled assumption upon assumption"
Echo that (by a margin) and thank you for the gift Quintessential Capital. ;-)
What a coincidence! A hedge fund whose own web page states that they seek " exceptional returns through the application of value investing & shareholder activism" opens a short position on Dark and follows it up with a damning report. You may as well be one of those activists (lemmings) & give them your shares! More than happy to hold. ;-)
I tihnk if you have a wee look at the European wholesale Gas price, you'll see an even bigger decline with prices hovering around the ā¬95 MWh mark end of October (was ā¬349 MWh a tthe end of August). Last time I checked he EU's average storage capacity was running at c.93%, which is also a substanital increase in reserves (the oriignal price hike being driven by governments rush for storage). Still high yes, but as stated, not quite your armageddon portrayal and as a few posters have noted, already well (too well) factored into the SP. ā¬349 MWh to under ā¬100 - now that's pretty basic. ;-)
Ps. thanks for the heads-up with the calendar - November it is. ;-)
According to Aurora Energy Research, "wholesale prices in GB continued to drop in October, with baseload prices decreasing to Ā£120/MWh, a 54% reduction from September. The main driver of this was gas prices, which fell by 56% to Ā£37/MWh. Low carbon generation moved into winter generation patterns, with a 21% increase, despite solar generation decreasing by 21%, due to onshore and offshore wind generation increasing by 58% and 59%, respectively since September."
Not quite the energy price armageddon then (as repeatedly forecasted here by our sensitive shorter). ;-)
In that case Alfista, why not move on from here (nothing to see) and maybe focus your attention on shares were you hold a more posiitve view? Otherwise, I cannot for the life of me understand why you appear to be here 24/7, primed and ready to respond to anything remotely positive? Everyone gets that the cost of tile production is considerable, the point that Fredhunt and others have made is that the market doesn't seem to have absorbed the significant (massive) reduction in the wholesale gas price and, the many other factors (I need not repeat them) that allude to marked optimism within the busniess re VCP furure prospects. Could you possibly have an alternative agenda here I wonder, such as an interest in SP decline? ;-)
Lending - Yep, I appreciate the difference, but the end result (as far as the market goes) is the same as in there soon will be Ā£30m's worth less shares available to the market, adding significant upwards pressure on the SP and significant strain on the recently opened shorts - both of hich are good for the SP. As for the incentive, one would hope/expect that the company has the brains to tie these in to pretty robust growth/performance incentives, but for that, only time will tell. ;-)
Could not disagree more with lending! Univerally accepted that share buy-backs benefit the SP. All stock trades are based on supply and demand, and a reduction in the number of shares issueed will always near inevitably precipitate a price increase. Not rocket science. Will also put a lot of pressure on shorting, more especially in the case of DARK bearing in mind that two speculative funds opened positions very recently - I hope they burn! The only downside of buy-backs is that they can artifically inflate EPS (as there are fewer shares in circulation), but all-in-all with DARK, I see only positives in the company's move.
Think a few missed this updated Fitch rating, which is pretty positive all round bearing in mind the circumstances and shold put pay to quite a few of the negative rumours that have been circulating recently - worth a read!
hTtps://www.fitchratings.com/research/corporate-finance/fitch-affirms-victoria-plc-at-bb-outlook-stable-13-10-2022#:~:text=Fitch%20Ratings%20%2D%20London%20%2D%2013%20Oct,%2D'%20with%20a%20Stable%20Outlook.