Stefan Bernstein explains how the EU/Greenland critical raw materials partnership benefits GreenRoc. Watch the full video here.
Hi all LTH
Been holding this a while, was nervous recently as the recent market chaos has rocked the SP.
However SP has rebounded from long-term support around 162p, and TCAP is now looking good for a top-up before ex-div next Thursday 13th April (7.7% div PA).
Analysts are saying it's a strong buy with average price target 230p (+ 31% from current SP) - so potential gain 38.7% from current level (with dividends)
All IMHO
Regards,
Teeb
A Director's buy is always a good sign.
Been in my sights for a while, bought in today at 176p - looks like a bargain for such a sound company.
Buy:Sell Ratio today was 5.5 : 1 with steady increase in SP through the day.
"Energean PLC said Thursday that it has reached a preliminary agreement with Shell PLC to explore a decarbonization solution in Egypt.
The FTSE 250 oil-and-gas company said the agreement will address a major carbon capture and storage, or CCS, feasibility challenge and will focus on the decarbonization of Shell's Idku liquefied natural gas marine terminal on the Mediterranean.
The company said it will capture and store the carbon dioxide in a depleted reservoir in the Abu Qir offshore concession which Energean operates.
Future development stages will allow the facility to take emissions from other industrial emitters such as fertilizers, it said.
Energean Egypt has entered into a memorandum of understanding with Shell Egypt, the company added.
"Energean will build on its experience in designing a CCS solution in a depleted hydrocarbons field that it has operated for many years, mirroring the process ongoing in Prinos, Greece," it said.
Energean shares at 1014 GMT were up 1 pence, or 0.08%, at 1,233 pence, with Shell up 4.95 pence, or 0.2%, at 2,560 pence."
Dow Jones Newswires: Feb 16, 202311:34
Good to see GPM responding to the rise in price of gold - better late than never! How long will the rise last - I guess that depends on the US fed.
Considering the positive news on September passenger figures, plus new/re-opened routes (Malta, Romania, Moldova & Italy) Wizzair's Share Price is still extremely low - it's risen to £15.70 today, after dropping to near Pandemic lows last week.
Charts on TradingView show SP hit low of £15.02 in March 2020, bounced back to £39.17 by August '20, and hit £55.98 in March '21 - over 3.5x rise within 1 year.
According to Trading View, current consensus 1year SP target is £29.40 - almost double the current level.
I believe that this is a conservative estimate, and the Wizz SP may well go higher than this. At this level, it's a Buy!
All IMHO, please DYOR ;-)
What the EZJ boss said about European airlines in general means nothing in terms of the future of Wizz - it's just speculation & rumour. Airlines in general are a difficult investment, so high conviction in growth prospects & recovery are essential. I got out of EZJ a month or so back, and invested more in WIZZ - because I believe that with it's low cost model, base in central Europe (SP should bounce back when Ukraine conflict is resolved), expansion into lucrative Saudi & Middle East market, investment in new, highly fuel-efficient aircraft (A321 Neo & the extended range version) and high load factors in 2022 - Wizz is well placed to recover & succeed in long-term.
This SP drop is both a great top-up opportunity for long-term investors & a trading opportunity. 30 minute chart shows bounce from 1,432 low at 12:30, now 1,454 - the SP is bouncing back.
It's a conviction Buy.
All IMHO naturally, I may be completely wrong so please DYOR and make your own decision on this.
Bit quiet on here! Bought in here today, almost caught out by swift rise in $ Gold Price (1.3% rise led to 5% rise here). To be expected given Sterling currency crisis I guess. I've suffered with GPM for several years - it's illiquid as it's lightly traded, and the charges are too high. Hopefully this will be a better long-term bet, and easier to trade.
So I assume these small trades may be attempted SP manipulation?
No need to put in small trades to discover prices if you're using a decent trading platform - Interactive Investor gives an accurate buy or sell price. If I own the stock, I normally check both prices before trading, to work out the spread. Before trading, I use this site to check recent trade prices, and the ratio of buys to sells.
TempleOfDoom - Interesting, I've just bought into SEPL - concerned about Nigeria country specific risks, but too good a stock to ignore! I also hold POLY, CEY, CAML & SHEL + BP but I'm in two minds about Shell, on one hand it's gone up 30% in last few months, with Rishi's WFT announced - time to sell out and take profits?
OTOH - Shell's North Sea Gas project was approved today, and they've got a few UK projects ready to go into production, so that should blunt the effects of the WFT. Plus they have an economic moat - great brand, little competition on LSE. Where else are UK investors going to invest? So will probably buy the dip on SHEL - if it happens!
Out of interest, what are your 6mth / 1 yr targets for SEPL?
Interesting technical price action here, with another bounce off the 80p level which is long-term support/resistance going back to 2004.
I'm predicting a rise back up to 120p by the end of the year, though it may possibly go lower in the short-term depending on the silver & gold price movements. Silver appears to have reversed up about 2% since 1pm today.
I'm considering any drop as a buying opportunity, especially with ex-div coming up on 19th May.
It's good to see the company taking sensible decisions re sustainable power and the new management seem to have a decent plan for expansion.
I can see why you don't want to sell out Red_inky. I'm a bit spooked by the recent drops myself but hoping that Rolls reputation and economic moat will see the SP turn around.
By the way, do you have any idea what proportion of Rolls Royce employees invest via the share save scheme? Also, what time of year can you buy shares through the scheme?
Bought for Dividend recently, was a bit taken aback by the size of the Ex-div drop today, but with such a big payment that's to be expected. Keeping an eye on the chart now as SP is currently just above long-term support, if it bounces up off support between 174 - 186 then happy days, otherwise not a good sign for SP in the short term.
Looking to trim my position over the weekend, can't buy or sell ATM....
sharelad - Not sure what Maverick's using, but I use Interactive Investor - £19.99 PM on the Super Investor plan, trades cost £3.99 with 2 'free' trades per month.
I'm a LTH here, noticed this para in yesterday's RNS:
"Separately, the Group has received an early-stage proposal for a potential sale of a majority stake in its Oil & Gas business and has entered preliminary discussions with an interested party. As previously announced, the Group is progressing a financing strategy which may include additional equity, monetising assets, project specific financing, including small working capital facilities with Saudi banks, and hybrid facilities with a view to concluding these options in Q2 2022."
Any thoughts on how much this could raise?
Jarv55 posted the wrong link - that's for the Unit Trust, which holds a different share portfolio.
Here's the link to the JRS investment trust (JPMorgan Russian Securities plc):
https://am.jpmorgan.com/gb/en/asset-management/adv/products/jpmorgan-russian-securities-plc-gb0032164732#/portfolio
Latpulldown - you mentioned JRS, it's looking undervalued compared to Poly, SP up 30pc + this morning and fair NAV has been estimated by a regular poster as 400p +
Most of its component stocks are in Kazakhstan rather than RU, so lower risk and volatility than than this one. Might be a good place to park trading profits from Poly & POG -with a decent chance of a 5 bagger + once peace terms in place?