Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
Just my thoughts - may all be total nonsense.
Having a very quick glance at reported trades over the last week, there are quite a few largish buys (10,000 shares +) but given that this doesnt really translate to "huge money" it does look fairly consistent, so i guess that would be considered positive - It may be leading to the MMs being short on stock unexpectedly so the SP is going up. I may be nothing...
Also, AGM (Another Graphene play) is on the ropes - maybe some of the legacy AGM investors are looking for an alternative Graphene opportunity?
There has been a steady, albeit not particularly spectacular announcements over the last few months.
My preferred reasons :-) - they are just about to announce a multi-billion pound contract for supplying graphene to several major construction companies.
And/Or
They have successfully tested a totally new graphene battery that is ten times more efficient that Li-Ion cells and costs 90% less to manufacture...
(We can all dream cant we :-) )
So this is a free board in which people can express their opinions on the merits or otherwise in relation to a particular stock. Why oh why does it so often become petty and personal? Investors want to see the stock go up and get a return on their investment to validate their decision to buy based on whatever influenced them to do so. An SP rise is obviously by no means guaranteed and AIM stocks carry more risk than FTSE100 stocks obviously.
Personally, I am invested and I hope the company fulfils what I personally believe to be huge potential. If it doesn't, I, along with all LTHs will have to accept that we were wrong and learn from it. I am sure that a simple expression of opinion on here by one or many PIs will materially influence the SP at all... But I do enjoy reading informed opinions, positive and negative.
What I do not understand is why people who claim to not be invested, take the time to goad investors because they claim to have a different opinion? As I said, happy to read informed opinion. Don't have any time for the posts that seem to take pleasure in being negative... Maybe you will be proved right. But not because you are more insightful or knowledgeable about how the game works. Just because you are occasionally lucky. Sadly though, garnering pleasure from other people's misfortune is a very toxic, pointless personality trait....
It does look as if it was somebody's first attempt at web design!! It does also reference Peter Fuhrman as being with the company since 2008 so I guess, sadly, it is the correct site. Let's hope that it gets a bit of TLC over the coming weeks.
Re the rich getting richer and we will suffer... That could be said of any government! Very few if any politicians are in government because they are altruistic... The only one I have ever felt to have backbone and integrity in the UK was Malcolm Wicks... And in the US, maybe AOC and Bernie but every other politician is so afraid of losing their meal ticket, progressives will continue to be in the minority. Rant over.
With regards to an exit plan, something I remember from many years ago when i saw a successful investor being interviewed and he was asked for any tips on how to be successful - his response was "Always sell too early" I am not saying that I have followed that advice, nor would I class myself as a successful investor... but I remember that statement... :-)
Thanks to all on here who post reasoned, logical, factual, objective and generally very helpful content. I read most of it and find it engaging and mostly useful. Far less nonsense posted here than other free chat boards I have browsed...
I will add my two penneth worth..:-) I like this board. It often has many really informative and insightful posts. Mostly cordial and friendly (which is quite unusual on a free BB) so thank you all. I am holding just under 300,000 shares. Will add more when I can as I do think the reward significantly outweighs the risk based on the latest update on progress.
So GLA.
Have a great weekend.
Swedrew.
My analysis was completed using data that I dont have to pay for and I hadnt reviewed your post prior to looking at the data
And as the 31,775,000 trade was executed at 3pence at 11:41 when the mid price was about 2.75p. I assumed it was a buy. My bad and thanks for the clarification. Every day is a school day :-)
Based on that then - here are the revised figures:
Total Shares Traded - 94,610,096
Sold Volume - 41,332,123 - Sold Value - £1,228,591.75 (43.7%)
Bought Volume - 38,650,115 - Bought Value - £1,153,361.58 (40.8%)
14,627,858 shares traded at MID Price - total value - £425,647.36 (15.5%)
Glass Half full view - volume was highest its been for a month and there was a ready and willing buyer happy to purchase 31,775,000 shares above market - which is reassuring.
Unless of course I am talking more nonsense?
Did a bit of a deep dive review on the trades today due to the inconsistent reporting of buys and sells... so I set the mid prices at five minute intervals for the whole day starting at 08:00, used an average spread of 3.5%, then matched all of the trade execution timestamps against that data... and what I found (Approximations obviously) is...
241 trades in total (Of all types)
96 of those look to be sells
127 buys
18 were exececuted at the mid price so difficult to be 100% sure
9,557,123 shares sold - total value - £275,341.75
70,425,115 shares bought - total value - £2,106,611.58
14,627,858 shares traded at MID Price - total value - £425,647.36
Still looks like a good day to me!! :-)
Hi MIKODX - Just double checked the logic, RNS and the historic prices and I am pretty sure my original statement still stands. But there are a few things that are not 100% clear to me... Let me try to explain this to myself :-)
There are more shares in issue today than before the split - that is expected. The split was a 2:1 so there are now twice as many shares in issue as there were before the split. Whilst the number of shares I held doubled, the value of my holding did not. The split was executed at around 33.5p so the equivalent price, post split was 16.75p or there abouts. Once my account was fully updated to reflect the split, my average purchase price was also halved. If this was a dilution, neither my purchase price nor my holding would have changed - there would have simply been more shares in issue making them drop in value due to the dilution. This definitely did not happen.
There are several aspects that are confusing to me though, and remember, I am no expert so there may be very simple explanations for some or all of these:
1. A share split is usually executed when the price of an individual share is so high, it discourages people from investing - in the £,000's for example. Not when the SP is a mere 33.5p. I cant imagine that level being a barrier to investment to any investor...
2. The updates issued by the company states that this split enables the company to allocate significant number of shares to the company's two main creditors in lieu of interest owed on existing loans until 2025 (I think). But where have those additional shares come from if the only action taken was to double the volume and half the value of all shareholders existing holdings? Unless maybe from the company float?
3. The initial notification also speaks of Ordinary Shares of 2p which do not seem to be affected by the split yet Ordinary Shares of 1p become Ordinary Shares of 0.5p.
4. This may be a simple case of all information not being fully updated yet, but Dr Nahab, now seems to own 166.24% of the company - which is odd (or is it, please correct me anyone if this isnt that unusual)
One final thought, and stay with me here :-) Market Cap of a company is a function of the share price x shares in issue - so the market cap today shouldnt really be that different to the market cap the day before the split as the SP at close today was just a little bit higher than the 50% of the SP the day before the split.
If I am talking nonsense, then I will happily apologise, but I think my logic regarding the split is sound... just have a few things that confuse me??
Swederew.
Nice and comprehensive coverage from ProactiveInvenstors - thanks for posting lse99. Love that "Gartner Hype Curve" graph... I have found myself stuck in the "trough of disillusionment" more times than I care to admit... :-)
I agree, there are numerous articles stating that their Ultra High Power and Ultra Energy Cells "moving towards" or "being released for" production by the end of 2021. Both moving towards and being released for are rather ambiguous. Being released for production kind of indicates some form of approval is required - and trying to join the dots, i think that approval is pending from UKBIC in relation to volume manufacturing.
They do also state that on their website "The Ultra High-Power cell range is designed for high-performance hybrid vehicles and is now being included in a number of key automotive and motorsport programmes." So if it is already being included in some programmes (Would be nice to know which) then it should be safe to assume this technology has been exstensively tested and deemed fit for purpose... But as you have rightly pointed out, Amte set an expectaction of an update in this regard in Dec 21 - so it would be helpful to provide an update one way or another.
For various reasons, I do not think that the reason for no news is product related, so happy to continue to hold.
The company is well established, the technology is solid (I think), they are looking to build a gigafactory in the UK and they are working with some pretty heavy hitters in terms of partnerships. Obviously I could be completely wrong so DYOR... :-) Good Luck All.
I am pretty sure Warren Buffet is one of only a handful of people who gets his McDonald's burgers freee of charge - Bill Gates being another... Dont know where i heard that, and of course may be talking total nonsense... :-)
I have been a Val holder off and on for quite a few years now (Since before the 125:1 consolidation) more recently I have invested in several other small caps, so keep an eye on various discussion boards... And I must say, this is one of the most pleasant, objective and professional boards i read - its quite honestly a pleasure to read - Cannot recall seeing any vitriolic, hateful, *****cy, sanctamonious conversations even when there is a disagreement. I really wish this type of board was more common... It actually feels like a community. I now have a reasonable chunk in my portfolio (Averaged at about 35p now), I do believe that Suzy is driving the company in the right direction and am very happy to be a LTH. All IMO obviously.
No worries MIKODX. I am no expert myself to be honest, but did a bit of research when I received the notification to vote. As you said, a stock split is usually seen as a positive thing, although normally when the share price is so high that it would deter private investors. Not sure that applies when the SP is a mere 40p. But the price action since has put me in profit..We will see in the long term. I am like you And planning to hold long term. I do keep seeing positive news about PPS ( well twice in the last few weeks - links below) not from Proton directly but from a partner. Which is odd.. but it does give me confidence in the future.
https://i-magazin.com/netzautarkes-brennstoffzellen-kraftwerk/
https://www.pv-magazine.com/press-releases/__trashed-3/
MIKODX - This is not a share dilution, its a share split. In simple terms, today there are twice as many shares publicly available for this company than there were yesterday, but each of those shares started the day valued at 50% of yesterdays closing price. The opening price this morning (according to my trading account anyway) was 17p. The value of your holding at open this morning should be very nearly the same as the value of your holding at close yesterday.
Shares in PPS closed at 19.00p (Bid) today which represents a single day increase of around 11%. Obviously I dont know what that means in terms of the profit or loss of your PPS holding overall, but do totally agree with your statement regarding increased investment in hydrogen fuel technology - and that I hope that will result in an avalanche of sales of PPS products in 2022.
I think the way this split is reflected in your trading account differs based on your provider - my account showed a 100% loss for the entire day today and has only just been updated to reflect my holding being doubled. Its still not 100% correct. I suspect everything will be clearer in a day or two once everybodies data is fully updated.
If you are a shareholder, you should have been given the opportunity to vote on the 2:1 split. So nothing surprising here. The result was published on their website and the split applied today as scheduled. As Brianwills said, we have actually seen a fairly healthy rise today given that the 2:1 split was executed a closing price of 32.5p. It will just take some time for the new price to be reflected correctly everywhere. My actual share account is currently showing a 100% loss which I am fairly confident (hopeful) is a simple admin error at this point until my holding is updated reflecting the 2:1 split. No idea where the ideas that they have ceased trading had come from other than people seeing the (temp) 100% loss in their own accounts. This is a solid company with excellent products, a healthily expanding order book, backed by the owners. What could possible go wrong? DYOR. GLA. GSOH. LOL.