Member Info for Si_Derman

We'll see, H9. I'm just running things by the numbers. No expectations. Relying more on TA than hearsay and hope. Those days have long gone.

"Some interesting discussion on ADVFN regarding the finance." Isn't there always. lol Not looked in for a while as it all went a bit samey. Seemed to me that If they spent as much time and effort on a share they actually liked, they might do quite well for themselves. Maybe they do elsewhere and it's just a hobbie finding new and interesting ways not to invest in a company and then sharing it with the world on that company's chat board. :)

I don't know, but I still feel that the market may still have a lingering and inherent caution of anything coming from the company due to some real dick moves done previously. Maybe less so with new investors since FSS, but I think it's still there to a degree. During that slow decline to 5p, there were contract after contract announced, totalling many multiples of the Mcap. But it still drifted down. Maybe it will be different next time, going forward, as they say. lol

Not sure about the ‘Road to 500", if that's what it's being called. I remember only hearing about the "five year plan" after about two or so years in to it. :)

"...the low, 9.30 is now in and the test of 8.5 is complete..."

Last time it double dipped so was holding back incase it does it again.

BWTFDIK......

That's the thing with lines, they just keep going off into the distance, into infinity.... or zero. :)

That line has previous history though. If you care to zoom out from the small section shown. It was the height of the FSS spike in November '22 and again, breifly, in the following January. But before that, it was where the sp peaked out in 2021 before the long decline to the 5p area in '22 just before the FSS news broke that particular trend. (purple line)

I'm hoping that this latest downwards trend will be kicked to the kirb waaay before then. If no finance news by Dec 2024 we have bigger problems. :) Similar to how the previous one was broken,but maybe a bit longer lasting this time as the company moves towards profitability. Had hoped that the lower blue trend could have been maintained, with it's increasingly higher lows , but wasn't meant to be. That's the thing with trends. By their very nature they have to change. Otherwise we would all still be wearing flares and tank tops. :)

Longer view, as ever, fwiw

https://invst.ly/13qm6w

NB, not a recommendation to trade based on this information or a suggestion to how it may come to pass. It's just how things have been, so far. Things can look bigger in the rear view mirror and be careful with That Axe, Eugene.

;) small winkie

For clarity. Little winkie, as in a face with an expression of one eye closed.

Not the other kind of little winkie. That would be inappropriate and not sure if there is such an emojie.

Just sayin' :)

Forgot the little winkie emojie at the end.

Not overly concerned about contracts, tbh. Once the excitement and spike of the initial news wears off, things usually go back to how they were before. I'm guessing once there is actually room to put something, dock wise, we might get a sniff of something.

20 October 2023 SeaRose- The base contract value is approximately £61 million.

6 November 2023 Third Cory Group contract for a total value of £8.5 million to add to the on going ones.

07 November 2023 A contract for circa $1.5m to support TampaShip in the USA. Should have been done by now as it was expected to be completed within three months. Check US press and company news section to no avail.

So besides the Odyssey re-fit, various ships and ferries coming in and out of the Belfast dock and the MAS Islander on the SRQ (payment unknown) you are correct that there has been little evidence of anything since Oct/Nov.

Not looking good is it?

You may recall a chart I posted back in November? Which way would it go, I asked.

https://invst.ly/12fjhv

It certainly bounced off that upper long term down trend, again, and then down on through the weaker short term support.

Since then it's all gone a bit... flaccid.

Today's chart

https://invst.ly/13qdxd

The trend lines have not been moved, just for effect, as some would like to think. :)

Expecting a bounce, yes. But to finally break through that longer down trend and onwards to the moon? No idea. It's not a crystal ball. Just sticking to my targets.

Posted in early January, "Buys on a RSI below 35 and sells above 60-65 would have been good trades. ;)

Below 30 and above 70. No brainers."

It's hit the lower of my targets and even into the mid twenties. Hence my buying back of late.

Simple, no fuss.

At just after 11:15 am this morning the Stena Superfast VIII somehow manages to do a complete 180 whilst in the Belfast dry dock. An incredible bit of manoeuvering without a tug.

https://www.marinetraffic.com/en/ais/home/centerx:-5.894/centery:54.621/zoom:16

Click on the vessel, the click on past track, scroll forward to just after 11:00 and watch. Amazing!

Did they use cranes?

Are you actualy being serious or is this what counts for ironic humour. Pretty certain that twib's comments were tongue in cheek and you either had to join in, ignore or maybe allow yourself a wry smile. Close scrutiny and disection was not required. And since 2020, wow. Lol Some have been on just as long, made posts numbering many magnitudes more, on multiple accounts and still not said antything of great significance. imho :)

Quantity and time servered count for nowt.

Maybe because I've filtered or switched off from so much else, your posts stand out that much more. :)

Disingenuous, really? Okay, noted.

Just one thing, though. IM may have been initially designed for natural gas storage, CH4 (methane). But hydrogen, H2, is still classed as a ga, afaia. Besides the difference in top side plumbing requirements the storge chamber below ground would be equally suited to either. A gas bottle is just a gas bottle. Correctly manufactured it can contain a variety of different gases like, propane, butane, oxygen, Co2, nitrous oxide.... Although their properties may vary in a lot of ways that may make take it a while for widespread domestic use, H2 is a good replacement for natural gas within existing combustion turbines in power staions. Which there just happends to be next door. "IF" they can overcome the initial hurdles to get the canverns started, a transition bewteen two differtent gases doesn't seem so much of an issue in the whole scheme of things.

Oh, and "facts". LOL Oh no, people don't always like facts. Wicked, tricksy, nasty little things is facts.

Far be it for anyone to want to restrict yours anyone's choice. But just so I'm clear. You are not going to read them because you believe they have no relevance. But you feel you should be able to comment on them anyway.

Okay, as you were. 👍

BT, if you have, " long since stopped reading the endless links from LSE", don't think you should also stop commenting on them also. Read something else maybe. :)

Ones at 10.17p, down as sells, were buys, fwiw. ;)

Always good to stick to your system and ignore everything else. Not always as easy to do though.

Kinda of why I rely on my charts and ignore the noise. And to a certain degree, some of the news as well.

Not full up just yet. Been nibbling again this morning. :)

Each to there own... as that what makes a market.

Hear, hear...

:)

Guess it was then. Back into single digits. Who'd 'ave thunk, hey?

Indeed I was, Drango, thanks for picking up on that. Kind of thought it was obvious, so my mistake. Don't know the guy, not looked at is history and wish him well.

They have to fake it 'till they make it, m'deario.

That's how those, without natural born talent, seem to get by. In my experience, anyway. :) Or they caught out, found lacking and move to the next company, with glowing references just to get rid. But hopefully, before then, they are so far up the company that no one is in a position to get rid of them. Or they themselves are complicit for the reason that they are doing exactly the same. Hopefully they can get into a position to oust any that may have seen that the Emperor is necked, before it's too late.

It's called The Peter Principal and I'm not suggesting by ay means that this is what has happened here. IMHO :)

https://www.investopedia.com/terms/p/peter-principle.asp

NB.If they appear to be making you money, then it can be sometimes be ignored for longer.

You'll be gone when the morning comes?

Think that's the next line.;)

Cheer up BT. Maybe there will be some of those men with odd shaped balls you can watch over the weekend.

One of my favourite mis-heard lyrics is Ptarmigan by The Clash. When you get it, it'll stay with you. :)

My all time favourite was my Aunty overheard singing along in the kitchen to the Meat Loaf classic, "Like a battery hen", whilst us young un's were playing music in the bedroom.