Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Thanks, Mike, for that extremely well thought out reply. I totally agree with you comments on the US market and its impact on us & TUI - time and again I have seen, as you have, that it opens poorly and we slump, then we close and it trends up. What confused / confuses me is that these last two slumps happened an hour more more BEFORE the US markets open. Perhaps there is some pre-opening activity that triggers it. But usually a bad US opening can be predicted from Futures so why does London - dozens of different shares (Kingfisher, Pets at Home, TUI etc - all panic within minutes of each other? And then, usually, recover, at least a little bit. I always think it must be a rate announcement or a report on jobs or home sales or something. At least, as you suggest, today is likely to open up. Fingers crossed.
For the second day in a row, every share I track has had a good morning then tanked post 1 pm - yesterday close to 1.30 pm, today 1.15 pm. Some announcement / figures somewhere seems to kill the day. Any hints please?
SK, Best wishes in your new house. Maybe you can get busy with some DIY and spare us your repetitive, negative prognostications. We get it already. You love this stock and you have made a fortune from it but you think it is going to tank and it makes you feel good to warn everybody. Enough. I have your profound thoughts plastered on my wall so they are easy too consult. Anymore, you just distract board members from things they might benefit from. Thanks.
So it seems today is the day the "consultation" period closes. I mistakenly thought there were meant to be some results / conclusions today. Oh, so wrong again. No telling when those results will come out, I presume. Probably not for weeks, maybe months.
But this is why yesterday happened! What is to come? Hmmm?
Today 09:21
UK's CMA steps up probe into UK veterinary sector
(Alliance News) - The UK's competition watchdog on Tuesday launched a formal investigation into the veterinary sector warning pet owners may be overpaying for medicines and prescriptions.
A reminder: The latest H1 I can find:
Pets at Home announced its FY24 Interim Results for the 28-week period to 12 October 2023.
H1 was the period of highest execution risk in building our Petcare Platform as we relaunched our brand, transitioned our stores to the new Stafford Distribution Centre (DC) and continued to build a new digital platform.
H1 consumer revenue# grew 8.6%, ahead of our 7% ambition, to £1.0bn, with all channels in growth and further progress in retaining and acquiring new customers. Underlying consumer demand was resilient with structural trends underpinning sustained market growth.
Stille, you are obviously a very generous guy - all posts welcome. Except if everyone who made £1K posted their triump, there would be no space left for triumph.
Besides, Robert was so thrilled to get out at £5.52 - you have to wonder how he would feel if he had hung on for a few more hours and cashed out at £5.90 - he could have afforded at least 2 holidays.
Point is, markets are swings and roundabout - celebrating your tiny right guess while other are nursing wounds is no help. So instead of welcoming all posts, why not welcome posts that contribute to the wellbeing of all?
Yes, initially it looked like the MS upgrade might have accounted for the big boost this morning. But IAG is up almost as much without an upgrade - and the whole market is up - so you would have to think this is budget driven.
That said, TUI is still only back to where it was 3 days ago - when many of us had £5.75 and higher in our sights.
Maybe the MS words will kick in later and get us there.
The details:
NEW YORK (dpa-AFX) - The US investment bank Morgan Stanley has upgraded Tui from "Equal-weight" to "Overweight" and raised its target price from 9 to 10 euros. Analyst Jamie Rollo sees significantly more potential than risks in Europe's currently worst-performing tourism share, according to a study published on Wednesday. The increase in earnings targeted by the Group for 2024 appears conservative and the balance sheet problems have largely been solved, he said./ag/gl
Thanks, Legs, I got that. Sounds seamless. Seems it is a simple choice between choosing to transfer before the deadline or leaving as is until the deadline . Apparently the transfer would take maybe a week no what date you choose during which trading would be impossible. Costs and Other things - like what I don't know - will have to be clarified.
Interactive investor have an in-house Corp notice indicating the option to transfer Tui shares earlier to the Frankfurt exchange. No mention of any cost implications only that they will be converted to Euros. No fx rates indicated.
Sorry, SKR, as so often with my messages, there is a lack of clarity. I was not disputing your take on the PSNB figures - only your certainty that if they were good or bad it would effect this market this way or that. That's why your opinion worried me - even though at that point we neither knew whether the figures would be good or bad - which is even debatable now, as you point out by further arguments against them as good. It was your certainty that troubled me and Mike's admission that things were not so certain that I agreed with. Hope I haven't confused things further. Best.
Mike SO, I enjoyed your rely to Savage, who had got me worried with his concerns about the forthcoming announcement on PSNB.
I particularly like this line, which struck home: Sad but true!
Let's be honest, the stock market and fundamentals have been dislocated for a long time now and as such, ONLY what MM's and ii's decide to do, affects the stock markets around the world - end of! If THEY want to cash in, we lose; if they buy, we win.
Robert G, I certainly thought / assumed it had been priced in. It is not as if it was new news or unexpected.
But the markets are the markets.
Maybe the results would have taken TUI up but the "surprise" delisting news took it back to Square One?
Like someone posted yesterday, I am baffled.
We went up 5% in anticipation of good results. We got good results and went up another 5%.
And then we have collapsed over 10% - supposed because of the Delisting, which was announced ages ago and had already had an impact so was meant to have been priced in.
Instead we are back where we were before the great results and dear Stupmy is flagging sub £5 - well he knows much but he has got it wrong once or twice before so hope he is wrong again this time. A wink to you Stupmy!
Mike, your last post pretty much says it all - all that can be said ahead of next week's vote - thanks for that. And so I think it deserves its own title, so people don't miss it. No use logging it in with £5.10 worries! Although I am always aware we might be going there.