Utilico Insights - Jacqueline Broers assesses why Vietnam could be the darling of Asia for investors. Watch the full video here.
Really great interview thanks for posting Lukee
https://www.youtube.com/watch?v=DM4nauO3mTM
20-22mins in shows scale!
Trek
āThe Egyptian thinker Ismail Serageldin once said that if the wars of last century were fought over oil, those of this century will be fought over water. Nowhere on the planet is this warning more portentous than in the worldās largest continent, where nations are in a race to dam, re-route, and control a riverine network that feeds some of the worldās most parched economies, home to some five billion people and a vast manufacturing complex that is driving climate pressures and geopolitical tensions.ā
https://www.hinrichfoundation.com/research/wp/sustainable/the-rising-contest-over-asia-water/?utm_source=visualcapitalist&utm_medium=affiliate&utm_campaign=wp-vc-asia-s-water-dilemma&utm_content=20240308-ad-regular-newsletter
Trek
Joe,
Well done. I hit this one big time first time around from below 6p average selling in the 20ās!
2nd time I lost a little.
3rd time another jackpot, bought .2ās and higher to average at .37 and sold the last of them at 1.8ās the first lot in the 3ās!
Likewise I will probably be back after the next raise which imo will be below a penny again.
Wouldnāt be surprised to see a consolidation as well if itās still under a Penny. Sex it up a bit before they start doing some proper deals.
Usual caveats
Trek
Arenāt you out at the moment Joe? Thought with all your knowledge you would also have bagged loads from around a 0.37 average by selling down in tranches from 3p?
Seems odd.
Sitting on the sidelines now playing elsewhere back laters.
Good luck.
Usual caveats
Trek
Hi AP, yes I agree to some extent. But there are thousands of people dealing with regulatory system alerts, customer interactions, processing orders etc. DLG ran a model and AI scored a higher satisfaction at +80% than humans! Not surprised having spoke to a few! lol!
Pay and pension costs are a recurring inflation busting expense.
But yes absolutely the capex saving on the fibre roll out is also huge albeit I donāt believe for one minute they will ever switch out copper in anything near its entirety. They just get it to work more efficiently and add fibre to new builds and conurbations that cost in.
We still got poles and drop wires here as far as the eye can see! The fibre stops at the cabinet.
Like Vod BT will be significantly disrupted by spaceX in the future and thatās where imo they need to focus next. Lockhead have bid for Teran Orbital in the US, a satellite manufacturer coz they know whatās coming!
My point is the synonymous savings here are people enabled by AI. That goes for all insurers and many other institutions.
Just in time eh as we need a workforce to be trained to do other work! Look after us old farts and have proper trades folk.
Usual caveats
Trek
Go read the RNS there. Now that one really takes the biscuit! lol!
Usual caveats
Trek
Agreed what a load of bllx! This RNS belongs on the company website below meet the directors! Save Ā£5k!
How was the dash for cash before the broker resigned. Oh 1m by the sounds of it wasnāt enough!
Honestly you really couldnāt make it up.
Itās about time this market stopped taking investors for fools and treating them like cash points!
Usual caveats
Trek
Absolutely. The market is looking at Av and MnG but this imo is the one.
The advent of AI opens this up to huge savings. I mean transformational. Look at the pipeline job savings at BT from AI. This is similar. Keyboard/customer interaction.
Then thereās the rebranding costs. Change a few letter heads and a few websites!
Then the market, sp cost; itās so cheap compared to EU and US peers and itās ahead of its own guidance by 2 years!
Nothing like stating the obvious!
Usual caveats
Trek
Hi guys,
Itās just most punters focus on the sexy ops update. They ignore the interims and the cash run rate.
I made another post on he1 bb basicallyā¦
One Canāt save folk from all that glitters!
And I know, I have been caught!!!!!
He1, no matter what they do next they will need cash. Itāll be discounted. I mean shthouse even did a 72% discount for their mates ffs on the last recent placing!
Look, ops are looking sound but ya gotta remember directors get options and a chance to buy discounted placings. pIās donāt. So directors arenāt aligned here
So imo sit on fence see whatās next, buy when it goes below the next placing price. Sell the next news. Recycle.
It doesnāt matter if you do that with just a percentage of your stock.
Just holding and closing your eyes, ignoring or hoping coz you are so in the red is exactly what these fkrs want!
And I hope thatās not the case!
Usual caveats
Trek
See my earlier post.
With respect imo itās not the ops risk here that is the biggest threat to PIās. Itās the finance!
When you have a broker like shthouse that will telegraph a placing so that those on their list get a win win at the expense of PIās without redress, then thatās a risk that needs to be factored in.
They placed at 72% discount ffs!
Management get to buy and have follow on options so they donāt suffer the dilution.
Look at the interims not the rose tinted ops update. Work out the cash run off.
Look at the plans and reach your own conclusion.
Will they need more cash yes/no. How much. What discount.
Even if they JV they still need more cash for the ops.
Thatās why imo the so is down today on an erstwhile good outlook cos folk have worked out they can sit on the sidelines until finance is sorted.
That way you can average back in higher or lower but you can mitigate more dilution.
Those that have held and hugged here even since IPO, and thatās when I first invested, are significantly underwater unless they traded. Which thankfully I did!
You can always hold some trade some but blindly all in as per some posts here?
Just have a think.
Literally scribble down your own proās and cons thoughts and risk accordingly.
For transparency my plan is to sit on the sidelines and buy after the next placing.
Imo whatever avenue they pursue from here will need cash. I anticipate that to be May/June so will average back in end of May. But obviously all things can change.
Usual caveats
Trek
Hi Mick,
No idea, I posted there just now. Thereās been a few trades and public rhetoric of late but nowt to substantiate anything re divestment.
If you are a trader itās a punt but if you are chasing income itās imo a conviction buy atm cos you will get 3 x divi in a couple months. May divi plus a double in June and historically the sp has been agnostic to the divi. Slight retrace then does itās thing.
Technically thereās usually a case to buy a share near its recent highs and hold/trade! SEPL fits that mo!
Usual caveats
Trek
Bi Bismark,
I have CMCL on my watchlist. Good mgmt team just had a bit of bad luck imo. I would have bought had 630 in my sights but as usual didnāt buy and went elsewhere! Not many know of Cmcl, quiet bb. Good work! But I did well elsewhere!
Similarly I have unloaded at Duke ahead of results and since they have delivered two positive divestment RNSās, yet sp not moved. Mmmm! Fingers on the button post a placing hoping for 25-26p, Letās see. lol!
And thatās the trouble here. Just coz SEPL is on a run of glory atm and long may it continue. It can drip back. So itās always on the back of my mind.
Still I have taken out profit here just like Temple (heās in Duke). I added shed loads under 100p and have recycled and sliced since.
Got plenty left for me though and I am expecting an out of the blue divestment RNS here followed up by many more regarding the 2nd half ops with the usual NT to buy any decent amounts.
Hence, if anyone has done their DD here and has factored in the growth irrespective of the divestment I would recommend buying ahead of news and the soon double divi and then just holding!
Not advice but there aint many better opportunities out there and just coz some investors have taken profits that aināt bad. I have spread some risk but may buy back depending on events.
Usual caveats
Trek
Sold now 100% out, 13% down on days price.
Lucky my av was 0.37 on my third stint, av sell 2.8p.
I was up significantly on the first go. Seriously embarrassing!
Lost a little on the second tough.
He1 has been very good to me. Now what?
Well imo many are missing the point by focusing on the ops update. The real news is the company aspirations compared to the interims.
They have a legacy of significantly discounted placings by āsht-houseā their house broker. Itās obvious this is a āstick with us RNSā but another placing will follow.
20 December 2023 raised Ā£6.1 million with 2,420,842,500 shares at 0.25p to drill Itumbula! Huge over run!
7 February 2024 raised Ā£4.7 million. 313,333,333 shares at 1.5p. For working capital after Itumbula ācame inā. Which I believe it has.
That placing is to fund the next stage. Which they still arenāt sure what it is. So how does that work?
ā31 December 2023 closed out pre-tax loss of US$1,064,747. The Company continues to be well funded. ā
ā31 December 2023 cash balance US$8.7 m.ā
Imo they have mixed in the well funded narrative at end of Dec which was before the Feb placing.
They are saying in Dec they were well funded but not necessarily now.
Total loss is 1.38m for 6months to thats admin + min 3m in ops costs based on last 6 months.
So well funded until they do something operational, like Tai deeper or poss further testing on Itumbula.
Then what. A ramp in sp by shthouse before a significant pullback and then a placing.
Placings are fine if accretive but here itās an unknown beast; itās an exploration company. You just canāt hold and hug unless extremely lucky.
The company has to dilute to raise funds.
How it does that is here is by legacy Machiavellian trading behaviours that the FCA refuse to get a grip on.
That involves sounding out a placing to those in the know in advance to secure funds so they can forward sell, CFD, or unload stock in advance.
But a blind eye is turned on aim/small cap for āgreater goodā of funding. So ostensibly funded by PIās.
Directors have lots of skin in the game? Absolutely. But at each placing they get first dibs and later discounted options!
This is a trading stock not for emotional investors chasing āfools goldā. I know. Iāve been caught elsewhere!
For transparency I have sold and will likely buy back again later.
Usual caveats
Trek
Sold now 100% out, 13% down on days price.
Lucky my av was 0.37 on my third stint, av sell 2.8p.
I was up significantly on the first go. Seriously embarrassing!
Lost a little on the second tough.
He1 has been very good to me. Now what?
Well imo many are missing the point by focusing on the ops update. The real news is the company aspirations compared to the interims.
They have a legacy of significantly discounted placings by āsht-houseā their house broker. Itās obvious this is a āstick with us RNSā but another placing will follow.
20 December 2023 raised Ā£6.1 million with 2,420,842,500 shares at 0.25p to drill Itumbula! Huge over run!
7 February 2024 raised Ā£4.7 million. 313,333,333 shares at 1.5p. For working capital after Itumbula ācame inā. Which I believe it has.
That placing is to fund the next stage. Which they still arenāt sure what it is. So how does that work?
ā31 December 2023 closed out pre-tax loss of US$1,064,747. The Company continues to be well funded. ā
ā31 December 2023 cash balance US$8.7 m.ā
Imo they have mixed in the well funded narrative at end of Dec which was before the Feb placing.
They are saying in Dec they were well funded but not necessarily now.
Total loss is 1.38m for 6months to thats admin + min 3m in ops costs based on last 6 months.
So well funded until they do something operational, like Tai deeper or poss further testing on Itumbula.
Then what. A ramp in sp by shthouse before a significant pullback and then a placing.
Placings are fine if accretive but here itās an unknown beast; itās an exploration company. You just canāt hold and hug unless extremely lucky.
The company has to dilute to raise funds.
How it does that is here is by legacy Machiavellian trading behaviours that the FCA refuse to get a grip on.
That involves sounding out a placing to those in the know in advance to secure funds so they can forward sell, CFD, or unload stock in advance.
But a blind eye is turned on aim/small cap for āgreater goodā of funding. So ostensibly funded by PIās.
Directors have lots of skin in the game? Absolutely. But at each placing they get first dibs and later discounted options!
This is a trading stock not for emotional investors chasing āfools goldā. I know. Iāve been caught elsewhere!
For transparency I have sold and will likely buy back again later.
Usual caveats
Trek
Hi Kane,
I tried but link doesnāt workā¦.says
āunsupported URL
Try re-typing the URL, or opening a search engine and searching for the new URL.ā
NSURLErrorUnsupportedURLā
But I have put a complaint in via the MARā¦
Anyone so inclined. Just complete the web form at the bottom of this link, itās straightforward and you should get an acknowledgment immediately.
https://www.fca.org.uk/markets/market-abuse/how-report-suspected-market-abuse-individual
āā-
I am sorry to all but I invested here to help people and hopefully make a bit of profit along the way.
I didnāt realise that that involved hurting others with blatant unscrupulous trading patterns by the CEO to line his own pockets whilst putting out blatant contradictory RNSās saying how undervalued the company was.
I am significantly underwater here now, but that is not the point. I was prepared to risk 100% of my investment here. But I do not expect to have to tolerate these behaviours!
Still. The sun will rise tomorrow just not on Mr Brown!
Righteous!
Usual caveats
Trek
Na Bismarck, I sliced 16k shares just before the results; a move that has served me well in the past as results are oftentimes followed by a pullback. But this time I got caught! Jinx was inevitable!
Still onwards now to 200p and thankfully it was just a slice and I don't mind paying more to put them back in as this is sooo under the radar so no panic! Doh!
Trek
EZJ out 560, leave some for the next person 15p cleared. Ezy money! Thatāll do! Lol!
Trek
EZJ buy for budget 545, sell 1600hrs today whatever!
Trek
NAZ: CRWD - up 22% in after hours trades. Results a beat. More to come!
Usual caveats
Trek
NVDA up 6% stateside so far! Heading for the big $1000 imo!
CRWD back over $300
My other lil gem LLAP up 17% today to $1.26 Lockheed offered the Satelite maker a bid $1 cash! So itās not just here undervalued then lol!
Usual caveats
Trek