Member Info for Xenor

Thanks Stokey. That makes sense. Thought Cory Barge 4 from Belfast had already gone.

Is this our 4th completed barge or 5th? I'm sure Belfast had one delivered recently as well but I've lost count.

I don't see 30p here for a long time, not before March anyway. If I buy this for a trade I'll be out with 20%. It's heading to the teens from the looks of it. Lots of buys but the price keeps dropping, suggests some big hidden trades that will show up after hours with timestamps from earlier hours.

Is it cheap or is it a value trap? That's what I am trying to work out.

NoFear, I must admit you did well selling at 32p and buying back at 23p. That's a great trade in itself. Imagine if you held, rode it all the way up to mid 40s and down to here as some have no doubt done. Timing is everything in this market. I think there is money to be made here if you can get your entry right. I haven't bought in yet as the down trend shows no sign of changing and sub 20p is a real possibility now.

NoFear you were posting loads of negativity on CPI after it had the best trading update in years, yet it has one of the worst and you're all over it. What changed? You know how slow CPI is to move. Could be next year before you see 25p again.

Yeah I think this will be stuck in a 20-25p trading range until at least March now. Could even hit the teens if IIs are selling in the background, which is looking likely as once again buys are apparently outnumbering sells yet the price is declining. Expect some delayed big trades again.

Falling knife springs to mind.

Ehat exactly are these "goodwill" payments? A loss is a loss. How does CPI justify its 357m market cap?

I'm sure the company learnt some valuable lessons from the Saipem contract. Any windfarm contracts have to be inflation proof or don't take them on.

BOIL is a dog, bit like you. Notice I haven't posted on that board since. Got out on the next bounce back to 11p. If you want to dig for shares I have lost money on you would be better off reading the RMM board. Enjoy your Sunday!

I'm not sure what your point is? I'm still disappointed that we haven't had an H1 update yet as I expect it to be very positive.

Keep dreaming of £1 this year. We'll see who's right come January 1st. Not giving you any more of my time tonight.

Sounds more like an LSD walk than a dog walk based on your post.

As we should. Always re-evaluate based on the information available. Better than blindly believing we'll hit £1 by the end of 2023 as some were saying in November.

If we're guessing here, I would say mid 2026 for £1. Maybe even 2027.

Interesting Stokey. Ideally for us it is a different contract as that leaves open the possibility of having two chunky contracts. As long as there's no scheduling conflict with the dry dock of course.

Dog, there's no need to ramp this. The share price will rise as the news flows in. Could be Monday or it could be later.

Possible Scillion IV contract imminent.

Sea Rose news - (unless that's what the unamed letter of intent was)

"other large contracts that we expect to win in the short term" Quote from 2022 financial report.

IM in September

Financial closure.

2023 H1 results

And that's just in the next couple of months.

I may have to revise my more pessimistic estimates of where the share price will be end of the year. A few weeks ago I would have been happy above 15p. But now 20s looks realistic.

The 200m revenue comment was wrong, should have been 100m.

AimMaster2018, I think you have summed it up perfectly. It was clear some of the big boys are selling due to the lack of bounce and the share price dropping as "buys" were going through. Some of the trades were delayed posted. I think the trader PIs will be exiting on Monday but I think CPI is too big for PIs to affect the share price unless they have six figure holdings.

People entering in the 22s will see profit, but just like last year it could be a long wait for anything more than 10-20%. I'm greedy and want 20p as I don't have much cash to throw at it. February may be a better time to invest here, though if the H1 results were that bad H2 will have to be spectacular to create any excitement around full year results.

Ibsaw this podcast yesterday. Thought it was funny that an AIM minnow would be paired with two American giants. It's certainly one of the AIM shares with the most growth potential if JW pulls off his 5 year plan.

Si, could the letter of intent we got on Monday be the Sea Rose?

One question no one on this board has answered is how the company has managed to go from a 100k profit to a near 70m half year loss despite erasing most of its debt? It can't all be explained by the hack. What loss is expected for H2 and 2024?