The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Lets not forget the news last week was massive. People will wake up to this and realise that this has enormous potential. I've said it before - this is my ASOS.
3 months from what date?
I disagree with the long term view. I think things will happen sooner than people think. The financial controller thinks so to...
What these RNS do is further de-risk and support the rises we are seeing daily. Who honestly wants to be languishing at 6p when the big announcement comes - it just tempers the rise. Slow and steady increments all the way through July and we will have a good base for the transformational news we all hope is coming - then we will see our 25, 30 pence and hopefully a lot more.
Placing done at a fair price and will financial controllers buying in then it speaks volumes.
I'm a holder here and massively positive - check my post history - but one things concerns me a little...why are we struggling to hold onto 6p? We had a 15p spike on very little but with all the positive news flow since a relatively small placing we are really struggling? The market always knows, nothing is a surprise. This is main market to so manipulation is less so.
Genuine thoughts anyone?
Krispy - off topic slightly but are things being lifted from next Monday - 6th?
Reason I ask is that weve reserved a Puppy and this is date we agreed to collect! We live in Oxfordshire and at present cant travel into the valleys...
JV will come with funding in some form...that's how I always saw it. Question is whether they will have to extend the deadline beyond sept again, this would be a troubling sign. In RNS back at the end of last year it stated that things were progressing and we were almost at the point of signature. Tang must have JV would have been signed and we would be well into the proposal submission by now...the pandemic has obviously meant delays.
I still think this will happen...even with Hasina in the way. Money talks.
...I remember ASOS back in 2004 sat at sub 6p. This is my ASOS, buyout will probably stop us every realising true value but its potential is mind-blowing. You have to hold through the rough times to earn real money.
you can now buy at below the placing price!
Something very fishy going on here. Plenty of shares are not worth anywhere near their Market Cap - certainly on AIM, however this one is potentially worth a heap more. Mologic, RTC is just the start and when the order come in this will further underpin the value.
I was disgusted by the speeding ticket as it came so late in the day - I do think the BoD is in over their heads a touch and I think the market has very low confidence in a share that has huge potential.
the extension length is irrelevant - has to be seen as a positive. The only people who know what is really going on are a very select few but the fact they have gone into detail about percentage's per plant has to be good news. They are thinking and discussing these things and the Chinese are still there. i don't think it will be too long before a JV announcement...cant seen another extension for that.
These overcapacity stories have been running since mid-May but had no effect on the SP. I’ve always agreed this is in the balance but Phulbari would give them the opportunity to Decom a lot of the other Failed projects and stations. This is Bangladesh though.
Ricky - what about Polo and Dyani?
Why appoint a new PR chap? Who has been buying a week or so ago? Why would the chinese have bothered getting involved?
Too many things say this isn’t a dead duck
Polo and Dyani are set to lose a decent chunk then?
I still think this 50/50. I guess we will know sooner enough because if they push out JV again then my guess is there isn’t going to be one.
Definitely someone still accumulating while trying to keep the SP subdued. The interesting thing is the tut the price action hasn’t drifted lower like it does when we usually have low news flow. We have to be close to something now surely?
Anyone? GP - your optimism for this week purely chart based?
Bets on an RNS tomorrow morning informing us that big Mike Tang has spunked £750k on some tickets?
...surely news soon, JV, Proposal? Something...
Why next week? I think we are still months off knowing...
The B&RI is key and possibly why polo and Dyani increased. I’m thinking those conversations between Xi and Hasina were going on at the back end of last year and before Covid became the pandemic that it is.
I still think JV will be a massive step and the articles stating Phulbari power stations were also positive. Few more twists and turns yet I think and it may still all be for nothing.
I’m guessing Tang has all day to decide and in which case we wouldn’t see an announcement until Monday, however if we don’t hear Monday then I’m thinking he hasn’t stumped up and bought them. Not the end of the world if he hasn’t as he has exposure elsewhere. If we get word he has this would be as good as GL surely?
GP did you actually speak to the company or was that part of the endless tat on hear today...it’s getting more and more difficult to single out the decent posts.