Corcel Share Discussion Threads

[arlington chetwynd talbott] 13/3/2022 14:47

But if this BB is about anything, it is about what the MCAP of CRCL should be. Of course CRCL is high risk and almost everyone on here understands that the research that comes the way of PIs is not often independent and that some of it can shade into being little more than a marketing puff.If you are not prepared to plant your flag when it comes to the valuation of CRCL, is it not fairer for you to set up a "We hate Align" thread for your campaign?

[lurker5] 13/3/2022 13:00

I'm not talking about what the market value should be (if only because it would include the even more unpredictable nickel assets) . I'm talking about 'research' which purports, via misleading analysis, to project what the share price should be based on just the peakers. If you can't understand both my points and why Align's 'projection' is wrong you shouldn't be investing in project based companies unless as a complete gamble lacking any rational basis.

[a1samu] 13/3/2022 09:56

LOT OF HOT AIR, BELLYACHE AND HUMBUG.

At least Align put their money where their mouth is, after all, they invested 27.5M shares in CRCL.

How much has lurky inveted in, that he is so worried?

Also NG's name came up. This gives me credibility.

I am sure that Aign are trying their best to offer an outside perhaps still ris!y opportunity!

[arlington chetwynd talbott] 12/3/2022 15:44

What do you think a more realistic CRCL MCAP would be then? £5M? £4M? £3M? £2M? £1M?

Or if you think CRCL is fairly valued by the market but think that some on here are, thanks to Align, erroneously overvaluing certain assets (even though the market has it right), that seems a peculiarly esoteric justification for your campaign on here.

[kemche] 12/3/2022 14:03

Pharmacal that man!

[lurker5] 12/3/2022 13:38

No. Because misleading 'research' needs to be outed where-ever it is. There are still some on here, and especially over on the other place, who appear to think Corcel's peakers are going to deliver a large cash income, at no cost to the company. They have never been told (except in an aside in the latest podcast) that the peakers are financed within SPV's - not much different to the off-balance sheet methods that earned Enron opprobrium for concealing borrowings. And that those borrowings need to be repaid from the 'income' the company reports as if belonging to it.

[arlington chetwynd talbott] 12/3/2022 10:12

But you and the rest of the anti-Align crew are on here talking as if CRCL is grossly overvalued on the back of what Align has come out with when it is in fact clear from the CRCL MCAP that the market is not buying the Align narrative. So can you not just leave us CRCL holders in peace to discuss the balance of risk and reward at the current modest CRCL MCAP and take your campaign against Align elsewhere?

[lurker5] 11/3/2022 20:40

ACT. You are right of course re the space taken up with threats by Jennings. But investors deserve a forum where fair comment on claims about share value that his organisation publishes in return for substantial fees, should not be the subject of his threats to close them down. Investors wanting objective and informed opinions should help to resist such threats. Its a pity that there is no method by which objective research can be paid for in this country. The only available forum is a bulletin board.

[arlington chetwynd talbott] 11/3/2022 16:55

The quicker this is all in Court rather than on this BB, the better!In the meantime the parties may wish to study https://www.casemine.com/judgement/uk/5b46f20e2c94e0775e7f1737

[lurker5] 11/3/2022 16:49

Your Corcel 'analyst' has already dug your hole Mr Jennings. Would you care to go through his arguments for that 19p odd 'target , step by step, and tell us your own analysis and opinion about its veracity and professionalism ? . -Thought you wouldn't. But you're going to have to in Court.

-

[helpfull] 11/3/2022 13:34

Yes. I also got a threatening message informing me that I would "be sued into oblivion". And that he was sure that: "Messr's Staten, Dennan & Parsons" would join him. That was dated 14 Sep 2020. I have moved house several times since. It's no big deal. I just hitch up the caravan and roll into the next county.

Be careful.

[a1samu] 11/3/2022 12:28

A lot of bellyache !

Why do you all just f.off!

[kemche] 11/3/2022 12:23

Anyone else in AST or CZN?

Both run by great men. Highly recommended.

[kemche] 11/3/2022 12:13

Helpfull, Did you get a knock on the door from plod?




richie666 - 09 Nov 2020 - 18:05:38 - 6619 of 7062 Ascent Resources AST - Slovenian Gas Producer - AST
"Helpful" - Norwich Pharmacal disclosure order in play for u. Get ready for a serious Defamation claim and, ideally, a bankrupting of u aswell as revealing exactly who u are.
Sleep well.

[richie666] 11/3/2022 11:51

I hope u have a big house and a well padded litigation fund Mr Lurker. U are going to need it. Keep digging your hole...

[kemche] 11/3/2022 11:34

I personally find Hedgehog's very reasonable $ 1 trillion valuation much more compelling and realistic rather than Richie's paltry and derisory conviction buy target of 19.35p. I personally believe he should be convicted for that conviction.

In this instance I believe Hedgehog has "outRichied" Richie.

Pharmacal!

[helpfull] 11/3/2022 11:27

I was only minded of the July 2021 research note. I didn't look to see if later notes were issued and with what conviction buy stance. Or if the conviction buy was changed as circumstances changed. Or if any mistakes were rectified.

Be careful.

[lurker5] 11/3/2022 11:18

Did Align update its 'target' to the new reduced share price ? I only go by an initial research note as showing level of (in) competence at that date. Any experienced professional knows that to make a basic misake at any point, demonstrates liability to make mistakes at any other point.

PS. And any honest, capable, boss of any professional firm publishing such documents would welcome informed comments or criticisms so as to ensure his firm keeps to the highest quality standards. Mr J doesn't do that. Observers will make up their own minds.accordingly.

[kemche] 11/3/2022 11:16

Helpfull - expect to be Pharmacaled.

We are all in for it now. Gulp!

[helpfull] 11/3/2022 11:11

richie666 appearing yesterday reminded me of the Align Research update of July 2021.

The conviction buy target was 19.35p. Things have changed since then.

1. The EV of Mast (the direct comparison company used by Align) is now nearer £11 million (mkt cap. + cash - debt), rather than £22 million used in July 2021.

2. Burwell has been "right sized" as described in th RNS dated 5th May 2021.

"to reduce the grid connection to 50MW of import and export capacity"

So the 50MW of solar has gone. That would leave 120MW in the FGS immediate pipeline, not 170MW.

3. The number of shares in issue has risen to 400,560,001. Up from 384,787,601 in July 2021. The number of warrants and options in play in July 2021 was 169,411,863. That number has increased:

20,606,278 options on 28 Feb 2022,
30,000,000 warrants on 21 Feb 2022.
60,000,000 (Equity Share Agreement).

So fully diluted there might be 679,971,864 shares,options, warrants, Equity Share Agreement shares in play.

Applying these three changes to the Align "19.35p conviction buy" of July 2021 would give a current figure nearer 10p (undiluted case and assuming no other changes to SOTP calculation) and nearer 6.5p fully diluted case (allowing for extra money from warrants and ESA).

So, by my calculations the 19.35p conviction buy would be 6.5p today with the subsequent changes.

PS If anyone from Align Research is reading this, sorry for any mistakes. Like the mistake in your research note where £22.3 million was divided by 20 and then by 2 to give £575,000. It should be £557,500 (added about £3 million to FGS).

Be careful.

[lurker5] 11/3/2022 09:30

kemch - he is threatening to utterly, utterly, destroy me ! - I'm looking forward to all the publicity that will surround his attempts to shut down informed,professional, criticism of the nonsensical 'target' in his outfit's Corcel 'research' There are many financial journalists who are aware of the cesspit that is part of AIM (and of 'paid-for' 'research') and will wecome this chance to throw light under the paving stones.

[kemche] 10/3/2022 21:38

lurker do let me know if you get Pharmacaled. I am still waiting for mine.

[lurker5] 10/3/2022 21:24

'Bale' out - as in exiting from a plane Mr Jennings. 'Bail' out as in extracting from a financial hole.
And by the way, to put out 'research' that implies a share has a certain value when it hasn't, is quite enough reason to use strong words about you .I look forward to explaining to a judge and to the FCA. So Kind !

[a1samu] 10/3/2022 17:54

Great news and efforts by the company today!

Just get the share up to 20p.

That's all I am here for.

All others cause massive bellyache!