Ncondezi Energy Share Discussion Threads

[nav_mike] 23/10/2017 09:02

Cantor Fitzgerald must have a fair bit of stock to shift...

Theyve been sat alone on the offer at 6.25 whilst a long stream of buys go through at that price.

[dudleym1975] 23/10/2017 08:51

Back to reAlity hey clockwork......pmsl

[cl0ckw0rk0range] 23/10/2017 08:46

#NCCL suggested £50m MktCap is c19p... This is for 300MW. The plant could eventually be 1800MW

[cl0ckw0rk0range] 22/10/2017 23:01

GEANDCMEC#dothemath

[novicetrade68] 22/10/2017 16:01

The MCAPs of the new partners..

China Machinery Engineering Corp MCAP $20.55bn (HKEx)
General Electric Company MCAP $206.32bn (NYSE)

[tel11] 22/10/2017 13:39

This is only going one way
And that is NORTH :-)

[blueball] 22/10/2017 13:09

Thanks Tel.

[imjustdandy] 22/10/2017 12:54

A late contender for RNS of the week came completely out of leftfield on Friday from NCCL as they announced a tie-up with GE and CMEC to enter into exclusive negotiations to develop, construct and operate the integrated Ncondezi 300MW coal fired power project and open pit coal mine in Tete, Mozambique. The share price rocketed Friday morning up nearly 60% at one point but was driven back to a measly 16% by close. Fluctuations aside, this appears on the face of it to be big news for NCCL and their shareholders. A formal signing ceremony has been arranged for November in Beijing and if I was in the predictions making business (which I'm definitely not) then I'd be predicting good outcomes for this JV which should return value to shareholders.

[imjustdandy] 22/10/2017 09:40

Some amazing experts around. Follow blueballs if you want soreballs.

[cl0ckw0rk0range] 22/10/2017 08:44

"Our system's recommendation today is to STAY IN CASH. The previous SELL signal was issued on 17/10/2017, 3 days ago, when the stock price was 5.93. Since then NCCL.L has risen by +13.88%."So by following blueballs recommendation 3 days ago to sell you would have missed it rising from 5.93 to 9p+Spot on.

[blueball] 22/10/2017 08:34

Stay in cash.

[cl0ckw0rk0range] 22/10/2017 06:44

#NCCL break and close on horizontal resistance. Uptrend established and 200MA up. Initial target previous high 11.50p

[tel11] 21/10/2017 21:58

Dandy sorry bud not your old manager
Lol -You too enjoy the weekend
What’s left of it

[imjustdandy] 21/10/2017 13:27

Ncondezi Energy:Clearly, the highlight of the price action for Ncondezi has been and remains the horrific slide in the stock in H1 2017. Indeed, this decline was so painful it would be quite understandable if some traders vowed not to look at this stock again. However, it can be seen how the flushout from earlier this week did do the job in terms of ironing out a base from which the stock has emerged relatively strongly. This is said on the basis that the shares have easily cleared the 200 day moving average now at 4.5p. At least while there is no weekly close back below this feature one could afford the luxury of assuming significant new upside here. How high this could stretch is suggested by the top of a rising trend channel's resistance line pointing as high as 13p. The timeframe on such a move is seen as being the next 2-3 months.

[imjustdandy] 21/10/2017 12:15

Thanks Tel. You wouldn't happen to be Terry Venables my old manager . HahahahaHave a great weekend. What a great investment this will be.

[tel11] 21/10/2017 11:56

Dandy very well said

[imjustdandy] 21/10/2017 06:44

Last week the company had no partner and no working capital. Everyone was concerned as the clock was ticking and the "early October" deadline had passed. Today we have £750,000 of cash in the Bank and the biggest partner in the World. Furthermore the new partner wants to acquire 60% of our business. Just take a step back for a moment and look at where we were last week, where we are today but most important of all, Look at where we are going. I had a few shandy's last night based on the above. I'm a very satisfied holder.

[norikokada7] 20/10/2017 23:23

Well, all I know after today is...Rome will continue to be built...

[cl0ckw0rk0range] 20/10/2017 16:43

Imagine a broker note will follow and some follow up PR which might pitch it differently so the market grasps the massive potential here. Takes a while sometimes....

[tel11] 20/10/2017 16:32

Blue ball-you was close, my apologies

[novicetrade68] 20/10/2017 16:27

Agree, I'm not at all sure whether it has actually been fully digested that unlike the SEP deal, we're actually going be selling at least 60% of the coal project too...surely that's worth a few pennies.

[cl0ckw0rk0range] 20/10/2017 16:19

Info takes a while to sink in sometimes on AIM. Not at all concerned.

[dudleym1975] 20/10/2017 16:07

Ah damn ah well move on fc isn't until next year so I guess that's it as folks move money out into other plays

[tel11] 20/10/2017 15:37

blue ball, I doubt that sir. :-), I think it be 8-8.25p at close