China New Energy Share Discussion Threads

[dave4545] 04/7/2019 09:06

Should bounce well now all the topinfo crowd have sold out last 5 trading days.

[dave4545] 02/7/2019 17:49

Sums up the whole market these days, if they are not flying then nobody will buy any when they are drifting.

1.14p EPS people are selling at 1.33 or a PER of 1, that alone is mental.

Company not delisting now, worse case they stay on Aim and sit on PER of 1 or they float on Asian new market with minimum £50 mil valuation which is 7-8 times the current valuation which is 9-10p

[bozzy_s] 01/7/2019 23:53

I'm here until HK listing. Ready to add tons if they slip to ~1p

[dubian99] 01/7/2019 12:18

Got any PR Bennett,
naaah didn't think so

[dave4545] 28/6/2019 09:31

Not for me bozzy, I'm shying away from investment stocks now, not saying it's expensive but I've not done well playing this type of stocks.

As expected still a few stragglers who cannot hold selling back to the mm's

[bozzy_s] 27/6/2019 16:26

Fools and their money eh?

O/T Dave have you seen Gunsynd (GUN)? It's another tiddler which recently spiked. The company took advantage and raised some funds at an elevated price (0.037p).

They're back to 0.025p now, so 33% below placing price. Market cap of £1.2m. Cash of £1.2m with £1.5m of investments, no debt, £30k a month cash burn. They have a great deal with one of their investee companies Human Brands, which looks to IPO in London shortly. GUN receives 4% of their share capital if it happens.

My reckoning is downside limited to spread plus ~20% due to cash balance. Upside potential multi-bagger if any of the investee companies comes good.

[dave4545] 27/6/2019 11:05

Just lost 63128p at 1.422p paid 1.79p for them

Every seller will have bought last 2 days.

Interesting the mm are mopping them all up, once they dry up the mm's will push the price and the herd when this is next up 10% will pile in 20% higher and mm's will offload for around 20-30% profit

[dave4545] 27/6/2019 09:38

Nothing will change, topinfo will always pump and dump on twitter, he will sell every time for 5-20%, if the stock carries on to multibag he will post "there's another tops bagger", if they drift away he'll never mention them again.

Quite a tried and tested routine mind you he's been doing it for 20 years and still manages to mug off quite a few people on twitter

Back to Cnel and mm's are happy to bid mid price to get the last of the traders from last few days 1.422p bid

[dubian99] 27/6/2019 09:14

Fancy having a company with a pe of 1 being captive to a few halfwits on Twitter,
wheres the PR vids cnel

[dave4545] 27/6/2019 08:29

Just now

8.17.39...254236 at 1.54p
8.23.09...254236 at 1.4192p

Held 6 mins lost around £330

[dave4545] 27/6/2019 08:13

Got to clear out the last of topinfs mug crowd who buy but refuse to hold and are now selling for big losses at 1.5p

Might get sub 1.5p again, story has not changed, but people have zero patience

[ppvn] 26/6/2019 16:28

I'm still here, not sure if that was the end of the pop tbh. Audited results can still help here, just interested to see what happens!

[dave4545] 26/6/2019 15:50

bozzy

fwiw there was no quote to sell at 1.8p, I bought over a million yesterday and thought the same, I knew his crowd would sell so I thought if I could sell 500k and buy them back a hour late for 1.6p I'd get the stock back and a grand, mm's are not daft you know

[dubian99] 26/6/2019 12:27

Yep another tsser

[dave4545] 26/6/2019 11:53

The topinfo effect

Posts 12p boom posts on twitter sells at 1.7p next morning and of course his followers could not hold a stock past 1 day even if somebody else offered to cover the loss.

Shame because the story is a good one

1.555-1.62p online, more or less how it closed yesterday

[dubian99] 26/6/2019 11:41

Well silly bolx, as your company is doing well and making a profit , a complete anathema on aim,
how about doing what AIM is designed for, promoting your company, ie PR, raising your profile, ie PR, and theeen if apt raising money,
nah

[dave4545] 26/6/2019 10:03

Now that was a massive shake, quite effective too, they flushed out a trader big style
saw him coming.

When you sell around 1.55p when it was 1.8p minutes earlier you have been mugged by the mm's

PER of 1.5 still and people sell, just no hope for some

[dave4545] 26/6/2019 09:24

Traders out, price holding up, ready to test new highs.

I see topinfo sold out but has just bought back in 2 x 50k one second apart at 1.88p lol

[dave4545] 26/6/2019 08:22

Certainly going to get shook in the next 10 mins, no quote to sell, after the usual mark up and brief chase.

Story not changed so anybody looking for a cheaper entry is going to get one soon enough

[dave4545] 25/6/2019 23:25

Not sure every share on the market will do a IQAI but I remember when it started the spike, opened 1.33p offer spiked to 2.1p bid that day, drifted back to 1.6p bid, looked like the fun was over mostly sales then rallied to close at 2p and rose ever since and touched 4.8p last week.

In theory Cnel has the profits to do the same, a PER of 1 and a half is nothing, all depends on the punters and market makers who can keep pushing stocks at times if they are the chosen one.

I do think medium term it will trade 3-4p again, it could do that in a day. It's £7.74 mil cap against profits of £5 mil, double the price and it's £15 mil v £5 mil so that is hardly dear too.

But lots of hot money around so tomorrow action is almost impossible to predict, it could indeed rise 10-20% quickly then drop back, it could do 100%, it could drop 10% ...exciting but volatile day ahead

[bozzy_s] 25/6/2019 17:44

I'm sure there'll be sellers into any strength tomorrow. Up 10% at 8.01am, down 10% by 8.30am is my prediction. I'm reassured having re-read today's RNS, and re-read the convertible loan RNS. Perhaps they'll raise some cash at that 4.7p level while listing in HK.

[dave4545] 25/6/2019 17:01

No bozzy, just posts on twitter now.

Guess he does not like the risk, he has a safe foolproof plan where he makes a quick small amount a few times a week.

He'll never be a millionaire but has a income. Agree this has much more to come but it's a ponzi traders market so you never know if it will really spike again or fizzle out.

You could not buy at the close online so it should certainly start strongly, after that it's going to be a right rollercoaster intraday tomorrow

[sapper2476] 25/6/2019 16:50

Spot on. This is one to hold. From experience it goes quickly when it does. Impossible to trade unless you catch it on its day.