Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Been quietly building a stake in this for years. Potential to be the stuff of early retirement - a company with no real debt, a multi-national backer that wants them to succeed, a friendly government and the infrastructure all but built now. If it weren't for the Ebola outbreak a few years back, this would have been making progress sooner. I've seen nothing in the last few years to doubt this will be vast multiples of this price in the coming years.
The Ebola issue hit hard in terms of delaying work - that's done now, and we were around double this price at that point. Nothing stopping it getting back to there even without any additional positives.
Yeah, there was a lot of resistance first time around to get above £3, which is probably why we're stuck here at the moment. Once £3 properly breaks it's a clear run if my memory serves me right.
...back up to a fiver within a couple of weeks as this all blows over IMO.
...positive RNS being acted upon today. Safe as houses long term, this is.
On a 40% spread? Meaningless.
Cheers - I'm happy with how we holding the 30% rise. Rest of the markets are getting a pasting today. On a 'good' day this would have done 60-70%. Suspect we'll see 15p within a month or so.
Maybe 30% is unambitious - hardly any free float shares, pretty much risk-free, backing from world's largest palm oil producer and not to mention it's own land left to plant, let alone this JV. This'll be pounds in a matter of months.
Can see this hitting 30% today - and then a series of little climbs for the next few weeks. There's pretty much no down-side from here on.
...ladies and gents, is a positive RNS. A proper company, raising money without bleeding it's shareholders dry. Re-rate of this is now inevitable.
...is stirring again. Reasonable spread too. Anyone know any reasons?
...hold this 10%, then another couple of days before whatever news is coming pops up...
...had the finger on the button at 10.1 to sell and decided against. Still, it's only a tiny retrace. If we hold above 40% that's a cracking, unexpected, day. BBR - it's the KLK factor that is persuading me to hold. Decent bit of coverage in any mag and we'll be good for another 20/30% once people realise the security of the share.
Always a little worried of a retrace, but the other part of me had 12p as a target anyway. Caution suggests bagging the 50% while it's on offer, but I can't help thinking another couple of days of 5% on top of this is possible, especially when whatever has caused this becomes common knowledge. Leaky ship regardless. Let's just hope the news lives up to the hype.
?
It's a response to yesterday's news. PAL is now a relatively safe investment, especially at these levels, with financial and management backing from the world's biggest palm oil production company, KLK, who've wanted a foothold in Africa for ages. Add to that that planting has resumed, and yesterday and today are simply the start of a climb back to a reasonable share price. I think this morning's spike was a little overdone, but I think 10p isn't far off now (weeks/months).
....RERATE? Nice rise.
...yesterday's news was very well received once it sunk in. With KLKs backing, there's really no need for PAL to be languishing at this SP any longer. Turned from a risky punt into a pretty safe bet overnight.
Here's hoping. Poor initial offer!
...company local to me (Midlands) and focussing on solutions to improve the quality of livestock feed? Sounds like a win all-round to me. People are becoming more and more conscious of the food they eat, and as people become ever more aware of what crap is pumped into cattle normally, the demand for this kind of research and approach will grow. Might go and visit next time I'm up that way.