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CPX announced a follow on order and encouraging feedback on both their big automotive products and small thinline capacitors
expect to hear more on both over coming weeks with some customer names and market size or revenue numbers attached
The market not reacting well to the RNS
Evil Diaries now available free to air here http://www.masterinvestormagazine.co.uk/category/evil-diaries/
I used to subscribe for £70 odd quid a year to T1ps.com for them previously. Good value at £70 p.a. Great to have it as a free resource. May not always be right but has interesting take on many situations and has real credibility and track record in particular with regard to shorts
A pal has just bought a million CPX today (not on my recommendation!) on the back of a hot tip circulating between HNWIs.
So your pal has just snapped up some cheap shares. Pumping just under £40k on the back of a hot tip into CPX.
These high networth individuals, birds of a feather flock together. There will be more hot money following no doubt. Awesome!
So your pal has just snapped up some cheap shares. Pumping just under £40k on the back of a hot tip into CPX.
These high networth individuals, birds of a feather flock together. There will be more hot money following no doubt. Awesome!
Or alternatively, you could see the CPX story spreading beyond just a few eccentric PIs. These HNWI - rich people dont get rich by making impulsive, poor financial decisions. Just saying.
You make a valid point.
Market sentiment really seems to be improving markedly seeing PIs getting excited by stocks and potential and after huge basing patterns in many stocks the stale bulls will pretty much have sold so you have stock being held tightly by people who know and understand the story. Only way for new investors to get involved is via placings (no bad thing in a positive sentiment environment because if there is demand and placing is oversubscribed there should be rationing and thus still a positive aftermarket if newflow momentum maintained) or big spikes higher from Marketmakers.
MNC a case in point. Huge Rights Issue recently with warrant issue at 0.25p and it has still had a decent 100% move in short order with news still to come.
Thanks S28
AMC been on their website and can't find any immediate evidence of an NPV or Pre-Feasibility Study / Preliminary Economic Analysis / Scoping Study etc
that makes me think they have something to hide
The Company has a Market Cap of £100m and needs to raise $400m of Capex to get into production
There seems very little upside from here in my opinion
There is a two year old Edison Investment Research note on their website. Edison are paid for researchers so not an independent or valid opinion. Even their calculations only pointed to an NPV of $89m ! (page 8)
http://amurminerals.com/amc/wp-content/uploads/Amur-Outlook-Oct-2013.pdf
They then introduce some fudges whereby with some 'hope' value they claim a potential NPV of $1000m but this is based on completely outlandish assumptions which no funding Institution will accept.
AMC been on their website and can't find any immediate evidence of an NPV or Pre-Feasibility Study / Preliminary Economic Analysis / Scoping Study etc
that makes me think they have something to hide
The Company has a Market Cap of £100m and needs to raise $400m of Capex to get into production
There seems very little upside from here in my opinion
There is a two year old Edison Investment Research note on their website. Edison are paid for researchers so not an independent or valid opinion. Even their calculations only pointed to an NPV of $89m ! (page 8)
http://amurminerals.com/amc/wp-content/uploads/Amur-Outlook-Oct-2013.pdf
They then introduce some fudges whereby with some 'hope' value they claim a potential NPV of $1000m but this is based on completely outlandish assumptions which no funding Institution will accept.
XTR seems too far ahead of its fundamental value for now but we are in a new market where momentum can take stocks even further away from their fair value so I would prefer to play it cautiously both ways. i.e. not be totally in or out but have one foot out the door
CCE
CFO bought shares after results last week. A good sign when a CFO buys.
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CCE - chart seems to be building nicely
Share price 1.4p. A few months ago there was idle chatter on BB's that they had 8p/share of cash. That may have depleted somewhat but they had a disposal recently to a major shareholder/partner suggesting that they retain faith in the business model and current management to deliver.
One can only assume there must be massive names in the mix as only someone guaranteeing volume would be granted exclusivity.
They mention :-
Wearable devices - already working with Nike who are known to be working with Apple
Smart Credit Cards - Visa or Mastercard?
Sometimes you have to allow yourself to dream.
A few years ago (i'm talking early 2000s) APPLE was valued at effectively ZERO ! It was a Small-Cap Company (in US Stock Market terms anything sub $10bn is small cap !) and no serious Analysts or Investors would look at it as a proper investment.
What those people missed was the potential APPLE had. Similarly in year 2000 people had hardly heard of GOOGLE.
Nish I have always been a small cap specialist. That sector of the market is usually the most innovative and delivers greatest risk reward potential. Elephants don't gallop.
Another interesting aspect of the CPX announcement today is that it comes after they had their products presented for them by a Distributor ACTE at an Industry forum for Engineers yesterday, hosted at Williams F1 Headquarters. Now I doubt they would have had insight and feedback directly from that event yesterday evening to be able to put out a RNS statement this morning. So it leaves the possibility of more newsflow emanating from any of those potential customers/partners in coming weeks. There really does seem to be a major turning point in how CPX is engaging with customers/distributors/industry press/investors.
On the stock front and looking at the technicals note how the recent move from 1p to 6p came based on news and volume bouncing off a key Moving Average line. We seem to be setting the scene for a similar news and volume based multi-day move again it appears.