Member Info for seattle

Interesting you say it is not personal about MR rather than the Board but you direct all your comments against MR. When circumstances change the BOD have to do whatever they need to for the benefit of all the shareholders . Eg nearly every quoted Plc Chairman’s statement made in 2019 has been changed by Covid 19. I am personally excited about AEG’s future .

Soundsrich —. Good post I concur. The market makers will initially mark the price down .
It will interesting to see if shareholders buy in cheaply at the off (as apart from the discounted placing price ) it was a good announcement.

It will be interesting to see in due course which institutions participated in this placing .
Lumber prices up 80% over the last year so AEG in the right place.

Dear Soundsrich , excellent post . In the short term I think the next move upwards will be a big order for CS from a power station. The broker reports are positive but the large investors will only come in when revenue is assured . A good time to buy .

I read somewhere following a US public meeting they are expected to make a decision within 30 days , that is this weekend so next week could be an interesting .

I agree

Interesting the lemmings are selling again today at .9p bored with no news . Yet the price holds , why? Because there is a buyer in there . No doubt this will show later at the “end of play “when the market maker moves all the sold shares to him. ,

Great RNS this morning . It will be interesting to see the updated broker forecasts .

SP Angel research note published this morning

Yes Triumph1. I agree . Who knows where we will be in 6 weeks time , hopefully I meter distancing comes in like most of Europe and let’s get the pubs gardens opening up so money can start hit the tills again.
If that happens we will surely hit 300p again.

Good contract announced this morning .

Well said Soundsrich and I agree with your rationale

Yes a shrewd buy , as the offer price has doubled in a week !

Let’s go wild . Say in 2021 AEG graduates to a 50 ton an hour machine . ( Don’t forget that is one machine in one area ) the brokers then estimate a turnover of $77m with about 23% profit margin which is $17m profit pa .Lets assume the other timber businesses cover the overheads .So $17m on a p/e of 10 is $170m and that is currently £135m sterling which is 10.5p a share . I have read that power stations give orders for 10 + years so profits are then assured. I think the market is now watching this share but I wouldn’t expect institutions to take positions until the company announces its next stage of development.

Well well well , I wonder who has been buying . 35% up is quite something .

Allenby and SP Angel both published research notes on the company today and they can be found in the investor section . Makes good reading . Roll on the license .

The appointment of Allenby Capital as a joint broker to AEG is an excellent move .
Allenby obviously believe AEG has a positive future .

Just been listening to the CEO of Boeing being interviewed on CNBC
The air in a plane is 100% changed every 2 to 3 minutes . So it is fresh virus free etc.
He went on to say a plane is much safer than an office .
As Michael Caine would say “ not a lot of people know that “
That could change the sentiment of the public to future flying if it became widely known .

Yes I am also a long term holder . I expect to wait a few years before I break even but the RNS news was positive .

Permit update next week .? The last RNS said decision relayed until the 26/27th.
With unemployment in the US about 25m more jobs at the Lumberton site would be welcome .