Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
I think you are right.
As long as ASOS is adding to its customer base it will enter the next cycle stronger and better and will find efficiency savings in the supply chain as a result of being under pressure in the doom time.
It was almost predicatable how the media took the rate rise yesterday and instantly linked it to doom and gloom. The media will always make it sound more bleak than the situation really is. Bad news sells and pulls in readers/viewers.
Buying into certain shares in the market at times like these if you are brave... can make money over long term. Buy low ... sell high.
ASOS is massive and can weather through storms as can be seen from the past.
Some postives I can see are.
Interest rates will bring down inflation
Young people will want to buy cheap
Some young people will live at home
There are still plenty of jobs
We are invested into an established retailer which is still growing in terms of sales
Its spring going into summer time when new outfits are wanted
Anyone think of anymore positives? These are just some.
It has been in a downward trend now for 9 months. But it is a share that could rebound explosively given a change or easing in the Macroeconomic factors which are driving the decline.
I don't think any of us know when things will change. We think the SP is super low and can't get lower and then it dips again after a few percent of rise.
I hold and hope.
I am so unlucky with my holdings. Oilex. 20p pricing then churn. COPL 20p placing than churn. Held Oilex since 42 p and bloody hope this frac does its job.
Hopefully now these placings are done and things can rise up a bit over time. Forward selling sucks... should be banned but then again these spiv companies keep oil companies in business.
Just thought id lay off a bit of steam. But on the bright side the cost of energy is sky rocketing. Hopefully get to see of the value of of it.
GLA
Not about the past - its about the future. Onwards and upwards. Happy with COPL's cash position. Enough to add value ahead of any future capital raises and will be supported by oil production rev at hopefully this oil price or above longer term.
Apparently the average takeover premium is 42% for uk companies.
Although that varies from industry to industry. That is according to Ashurst and is based on data from 2021 where company values were quite surpressed.
Its easy to be angry though isnt it. Lots and lots of holders bought in the 30s and expected it to rise from there. Instead there has been a placing at 33% discount to those levels. Which is crazy in times of high oil price.
Its also the opportunity cost of having money tied up here that could have gone into other oil companies that have gone up.
Then the SP stays low because i guess Art is not very trustworthy and its all so negative on this board.
But there is no denying though that the company has potential due to its assets and why I hold. Cant blame anyone for feeling down about the last few months.
I feel bad enough with my average at 24p. Grrrr.