Member Info for surprised

Broker note out -
The launch of this product range is positive news........ this new product range reflects customer feedback and that there is already interest in these products. Furthermore, with production outsourced, this new product range does not impact current supercapacitor production capacity. As with any new product line, we expect it to take a little while to build momentum to a meaningful level and therefore maintain our current forecasts and 13p valuation, leaving this new product range as upside for now.

Shell and Ceres are building this partnership to utilise SOEC technology to deliver high-efficiency, low-cost green hydrogen; now widely viewed as a credible route to decarbonise hard-to-abate parts of the energy system that rely on fossil fuels today.

Shell is targeting to become a net-zero energy business by 2050, by reducing emissions from its operations and from the fuels and other energy products it sells to its customers. Ceres aims to produce hydrogen at efficiencies around 20% greater than other technologies, in the range of mid-80s to 90% efficiency where it is possible to make use of waste heat in industrial processes to drive high efficiency.

The agreement with Shell aligns with Ceres’ business strategy and provides a pathway to the commercialisation and development of new markets.

The system will be installed at Shell’s research and development technology centre in Bangalore, India, where the hydrogen will be used in industrial processes on site. The testing programme is intended to run for at least three years, forming the first stage of a collaborative relationship. The Bangalore technology centre is a key part of Shell’s focus on innovation and technology with the potential to provide cleaner energy solutions.

with respect Staffchief there is nothing unfortunate about today's initial announcement about the start of a partnership with Shell....

https://oilprice.com/Energy/Natural-Gas/Europes-Gas-Prices-Soar-As-Russian-Supply-Cuts-Persist.html

Since June 10, the gas price at the Dutch TTF hub, the benchmark for Europe, has surged by 55%.
Most EU members do expect the supply situation to deteriorate further.
At the start of trade on Monday, European gas prices rose by nearly 7%

European benchmark gas prices jumped at the start of this week as Europe struggles to replace Russian gas losses to fill storage sites ahead of the winter.

At the start of trade on Monday, European gas prices rose by nearly 7% but eased later in the day. The significantly lower Russian deliveries to major economies, including Germany and Italy, have the EU worried it might not get enough alternative supply to fill gas storage and prepare for the winter.

EU member states are now required to reach a minimum 80% gas storage level by November 1 to protect against potential interruptions to supply. In 2023, the target will be raised to 90% full gas storage by November 1. As of June 26, gas storage in the EU was 55.7% full, according to data from Gas Infrastructure Europe, and the pace of injection into storage seems to have slowed in recent days...............

https://www.sharesmagazine.co.uk/news/shares/bangos-global-tech-leader-new-win-is-apple-claims-analyst

https://twitter.com/surprised_trade/status/1540315864582557696

Bango’s ‘global tech leader’ new win is Apple, claims analyst

The shares are currently trading at 140p, versus Berenberg’s 300p target price.

European Gas Set for Second Weekly Gain on Russia Supply Squeeze

https://twitter.com/surprised_trade/status/1540255193677316096

New broker note out , raises fair value target to 150p
There has been strong demand for the group’s services with the order book increasing in every division except for North America as a lack of private equity transactions continues to be a drag along with delays in the start of government infrastructure projects, although this appears to be easing. We believe that the headcount is growing, helped by a successful recruitment drive by the strong in-house recruiting team. We next expect an update at the interims on 9 August 2022. As a result of the strong performance, we increase our FY 22 FD EPS and FY 23 EPS estimates by 7% and 4% respectively.....

https://twitter.com/surprised_trade/status/1540217170445176832

strong performance & growing contracted order book we expect momentum to continue in the second half. Revenue for the Period was £215.4 million ( May 2021: £191 million)

“Even if we don’t feel it yet, we are in a gas crisis.” Germany prepares for state-led rationing of gas distribution if stockpiles fall below certain levels.

https://www.bloomberg.com/news/articles/2022-06-23/germany-to-trigger-phase-two-of-three-stage-emergency-gas-plan

reminder of IC article a few weeks ago...

Aim-traded Bango (BGO:180p), a provider of a state-of-the-art mobile payment platform enabling smartphone users to charge purchases made in app stores straight to their mobile phone account, continues to scale up its business through multiple channels...........Last year, the group entered a new partnership with T-Pay Mobile (combined over 1bn users) to enable merchants connected to Bango’s platform to access new operators and wallet billing connections across Asia, the Middle East and Africa. One connection between Bango and TPay now provides access to 76 operators and wallets in no fewer than 24 countries. Partnerships with NTT Data in southeast Asia, Kakao Pay in South Korea, and carrier billing integrator Infomedia are expanding the footprint of merchants, too, and Bango’s earnings.

The group is incredibly well placed to benefit from the end of app stores’ monopoly of in app payments which has been triggered by regulatory changes in South Korea. Many of the leading app developers are already customers ...........Bango already has strong relationships with the apps that will be the first to breakout and engage directly with their customers. Moreover, the removal of app ID tracking by Apple has meant that more app developers are using Bango Audiences, too. The number of app developers engaged with Bango Audiences doubled to almost 10,000 in the second half of 2021.....The operationally leverage of the business model combined with a gross profit margin of 94 per cent means that a forecast 31 per cent rise in revenue to $34.4mn in 2023 could deliver 61 per cent higher pre-tax profit of $8.2mn, rising to pre-tax profit of $14.3mn on revenue of $44.7mn the year after. Net cash of $9.5mn is expected to almost double by 2024, buoyed by strong operational cash flow......

........share price has pulled back during the tech sector rout. Rated on an enterprise valuation to operating profit multiples of 20 (2022) and 11 (2024), Bango’s growth prospects are being materially underrated. I maintain fair value at 260p. Buy.

I personally don't read into the rns directors calling the top, quite the opposite, a strong ii base is often a good aspect for developing and growing companies, if all is stated, no reason to doubt from what I see so far, then FNX is atrracting the iii's in addition to retail and pts it on a stronger footing with longer term value/growth investors on board ..we'll see when the list of new investors is declared

shortage of supply, increasing demand, oil prices forecast to increase over coming weeks/months, company banking cash etc. and the sp falls back.....added a few more at 43.88p ;-)

Todayy's rns should only add value to the sp as no shares on the market to be sold , it should be a straight transfer from one to the other,,,,,,,,,,,,,and FNX has a stronger ii backing that they feel is important...we'll see how much when we see who took what and why they are in a hurry to get their hands on shares in this market at this time.....

''The key issue is simple: there is barely enough oil to go round. There are fears supply could fall much further.''Opec members struggling to boost production levels due to years of mismanagement

https://www.ft.com/content/99cac5d0-bf6e-45ac-8e18-14267dab85f4

IEA chief warns Europe to prepare for total shutdown of Russian gas exports

https://www.ft.com/content/f7990162-395f-488e-9d23-13f3cce83e24

'The key issue is simple: there is barely enough oil to go round. There are fears supply could fall much further.''Opec members struggling to boost production levels due to years of mismanagement'

https://twitter.com/surprised_trade/status/1539500622126383104

IEA chief warns Europe to prepare for total shutdown of Russian gas exports

Europe must prepare immediately for the complete severance of Russian gas exports

https://www.ft.com/content/f7990162-395f-488e-9d23-13f3cce83e24

https://twitter.com/surprised_trade/status/1539500622126383104

'The key issue is simple: there is barely enough oil to go round. There are fears supply could fall much further.''Opec members struggling to boost production levels due to years of mismanagement'

'The key issue is simple: there is barely enough oil to go round. There are fears supply could fall much further.''Opec members struggling to boost production levels due to years of mismanagement'

https://twitter.com/surprised_trade/status/1539500622126383104