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Noggers
The board may now have to do something with tbis JV the current situation is dragging the SP down. Phils big speech about attracting worldwide investment by joining the ftse250 now in tatters within 3 months is almost laugable if i was not 35k down.
Noggers
You sound suprised ...This will mean the board will have a touch of humble pie to report tomorrow at a guess be an interesting read maybe we will bounce back better.
Pott
Its called over promising and under delivering or misleading your private investors under false pretenses.
On a plus point the move to the FTSE250 Attracted nothing other than shorters. The management sold us a dream of increased investment across the world markets it never happened. The management promised a JV signature in Q4 still we wait and yet again again it looks like another dream. Where we go from here is anyones guess as i have said before its going to be a long wait or a big loss on selling.
Ar well carnt say it wasnt deserved, maybe times up for Phil, get someone in who is going to run it like a company not a Jolly boys cash burning AIM stock.
Chilting
Have we been booted out?. Very disappointing with the sp but i called it out weeks ago the sentiment has gone on green multinationals dumping green and this may take some time to recover . We are now officially back to the very start of Ceres and in principle the share price is reflective of the situation given the money has continually flowed out and the has never come back in. Personally i really thought out of all the green Uk companies this would come through with the best returns not so confident any of them will come good anytime soon.
Tracker funds never brought in anyway. The AIM is best suited at the moment as the Managment can do what they do best sell snake oil to lift the SP maybe do another collaboration or win a trophy.
Ceres have nothing up the sleeve. Managment can claim to be great when times are good soon get found out when the times are not so good. If the whole of your business is geared to Asia why did we list on the FTSE250 this makes no sense could of listed on the HK exchange more friendly to China?
Consructive
Ceres will still have more trophies. The investment is coming ask Phil about it when joining the FTSE 250.
Pump and dump over for another week back to 190p tomorrow.
Not to worry the attraction of investment since joining the ftse 250 must be on the way.
Doon.
I see that on there own web pages after some looking tbf. I am talking about press releases like the one posted on here today no mention of Ceres it would help Ceres out if it was dropped in at every opportunity.. just a thought !
Do bosch have their own product or is it Ceres designs repackaged as Bosch? I ask as Bosch hardly ever mentions Ceres as much as Ceres mentions Bosch.
Look at the CEO who has took over at rolls royce no messing around day 1 shed the workforce, day 2 reduce costs, day 3 drop anything thats not bring income. Rolls Royce is technically a bankrupt company nearly 2 x number of shares in circulation as to what its actually worth for example. Its still performing the sp on the up and why because the markets trust the CEO to get the company back on track and bring the in the money.
Orisk
I agree every chance Ceres is bloated overweight and expensive to maintain, Bosch would soon trim it down. I keep saying Phil is chem engineer not CEO who has multiple businesss disciplines and IMO the markets are seeing it. If you want to be playing with the big boys you have to do like the big boys ambling along burning cash aint going to cut it in the FTSE 250.
Rogadar
I will wait and see, i will however introduce new funds ASAP and trade this if the down turn continues if i get funds. Buying in at these prices is almost definatley going to bounce upto 220p or higher but i have no funds due to BTL mortgages taking all my available funds. Im not prepared to lose my money now standing on paper at nearly 35K as it is just that on paper till you sell. I am not a seasoned investor so i would like to hear all the golden rules you mention maybe i can get better and learn a thing or two.
Tapper
This has been posted already. In short no mention of Ceres. Hence the sp slide across and downwards.
Rogadar.
I wont be trading rather sit it out comeback in 6 months or maybe a year lasr week people buying in @220p this week down to 190p possible to see 150p in the next few weeks. Just looked at itm who are building what they sell 350 employees Ceres nearly 600 staff building nothing no wonder the SP tanking Phil needs to bite the pill and face reality or is he going to do more equity release to fund vanity?
Totally agree.
Im not sure why i brought in here i guess you read the boards all the J V bull and think you are on to a winner. Only then you dig deeper and find multiple JVs with centrica etc and what come of it diddly squat. Hopefully a bounce of sorts will happen some paper JV with all bells and whistles may well get me my money back in the next 5 years.
Noggers
I may well have to im a bit limited as want to stay inside isa limits. When you are down 30k a few hundred aint going to cut it. Im sure it will come good at some point. I guess same as most honest people on here lost faith and are we being led up the garden path whilst our hard earned is disappearing daily.
1863
Yes im holding to but thats because im forced to as the losses are to much. If i am underwater here at 350p god knows how many are never going to see the blue we may not have that long to see it out. 24 years to make a profit that could be a fifty year hold.