Johnson Matthey Share Discussion Threads

[officerdigby] 24/11/2021 08:01

OK yes what you thin today?

Sold Glass.. too buy own shares..

[jonny_wright] 23/11/2021 08:24

Death spiral continues

[quepassa] 22/11/2021 14:03

Good luck all but combination of factors makes this a very uncomfortable place to be.

Cannot rule out that the share price drop will continue and that share price will halve (or more )from recent £30 highs. Not untypical for shares to halve when companies pull out of a strategy or product which the market had thought was the main growth driver for the future.

ALL IMO. DYOR.
QP

[stutes] 22/11/2021 09:46

The Sunday Times reported about JM investing in hydrogen.

My concern is JM is in the process of reinventing itself and could lose investors if they have more than one or two mishaps along the way.

[blue59] 22/11/2021 08:19

Having read that, and looked at their sp, it seems it isn’t !

[skinny] 21/11/2021 08:52

Might be of interest :-

[stutes] 19/11/2021 11:06

The strategic withdrawal from the battery investment, whilst better now than sometime in the future The problem for me is how long will it take to restore confidence in the company, strategy and share price?

[ohisay] 18/11/2021 09:17

Results on the 24th should provide more clarity..

I'm Interested but I want a bit more detail before I buy .

[kinwah] 17/11/2021 11:40

JMAT have made the right decision. A small company in the North East making batteries, Hyperdrive Innovation was recently bought by Turntide for a rumoured £95 million despite being loss-making. Turntide is backed by US billionaires and could easily mop up JMAT's battery operations as well. I have bought a few JMAT and will add more if it drops back. I can't see it remaining independent in the medium term. It will get broken up by US private equity in my view.

[mansell59] 11/11/2021 21:57

I think there's a real possibility they'll be testing £15 in the weeks ahead..especially if there's general weakness in the market during that time frame

[gateside] 11/11/2021 20:52

Sold these before the pandemic hit, and was looking at buying back in as a low risk hydrogen play.
I was waiting for the results - they they drop this bomb shell!
Could put them at risk of falling out of the FTSE100

Will sit of the sidelines for now. Can easily see this going sub £20

[stutes] 11/11/2021 16:51

Looks as if JM is set for sometime in rebuilding its reputation with City and investors- first step is to recover all bonus payments.

The next question- how did JM get out manoeuvred by China/German/Korean competition? Why not form a jv earlier?

JM needs a new Board as well.

[philanderer] 11/11/2021 14:19

Charlie Bentley, an analyst at Jefferies, said its lower returns meant the company would struggle to realise much value from any sale.

The declining catalyst business and cathode materials business exit put into question the company’s “ability to be a supplier to the automotive chain over the longer term”, he added.

[pugugly] 11/11/2021 13:04

Seems a very odd choice for new CEO What can he know about the their market?
" Liam Condon (from Bayer Crop Sciences) as incoming CEO"

[porsche1945] 11/11/2021 12:43

There is abso nothing in the ftse 100 that is worth bothering with. The index itself only 500 points above where it was in Dec 1999, since 2015 it has underperformed the S&P by 50pc and European benchmark indices by 30pc. Brexit an epic fail and also who wants to invest in sterling denominated shares, a currency that has tanked against every other major currency for 11 years straight. I’d wake up and smell the coffee, I use to trade Johnson M and they will go back to 17.60/18.40 support over next few months, but the whole index, like the UK in general is utterly doomed. You’d be better off buying Paypal Amazon and Bitcoin than crxp like this.

[blue59] 11/11/2021 12:33

I’m not sure that something that isn’t as bad as it could be is ‘good news’ exactly!

[blue59] 11/11/2021 09:18

Gateside11 Nov '21 - 08:34 - 596 of 602
0 1 0
Almost bought back in last week.
Thank goodness I didn't!

THANKS FOR SHARING!

[pogue] 11/11/2021 09:16

Better to walk away than spend more money is always the best thing however all the money and hype invested into it will now flow out of the company shareprice and part of the premium for being in the over valued green energy sector diminishes. The share price will recover over time I expect.

[davemarn] 11/11/2021 09:10

Not great is it?

Timely reminder

Angus Energy 0.90p
Positives
• Equipment should be arriving on site Nov 21 – Feb 22 proving this isn’t hot air!
• Permitting and Approvals expected early December 2021
• First time in 2 years a Project is about to become a reality early 2022
• Huge rise in Gas Prices (300-400%): 51% stake in onshore Saltfleeby Gas Asset
• 52% recent upgrade to NPV10 from a revised CPR of Gas Asset now £25.5m (£9m market cap)
• £12m fully funded for Saltfleeby
• Sidetrack to Gas Project Planning Permission in place to try and double output
• £1.4m Convertible Loan Note holdings extended deadline to April 2023 for final payment!
• 2x Director Buys of 1m each mid 2021
• £8m potential funding with Aleph and Associates for a valid Geothermal play
• 165m Warrants of £2.1m at 1.36p average potentially available
• 26m Employee Options at 1.5p but fully vesting at 2p too
Negatives
• A group of Locals persistently fester on UK Share Forums to stop any buying momentum, the success in market cap makes it harder to stop any of their projects dead in its tracks!
• A substantial undercurrent set of Short Sellers who seem to be betting against delivery and pre-gas price rally; now hurting and desperate to close out their positions – towards First Gas Q1-Q2 2022. Their short positions could create a dramatic squeeze to 2p alone IMO.
• Legacy Oil Assets and failed projects knocked share price and confidence of Long Term Holders
• Geothermal Progress Seems Slow
• Delays seem to bother some impatient traders but Aleph have stumped £12m loan!
Share Price Predictions?
• Harmonics showing 2-3.5p target?
• Management believes 3.5p per share is Fair Value vs. 0.90p share price
GLA WTFDIK DYOR