Simec Atlantis Energy Share Discussion Threads

[robertspc1] 08/4/2024 17:12

The complete lack of news on Meygen expansion is a big concern here. No one has any idea whether it is financially or operationally deliverable. Certainly no one putting any value on it

[wheeze] 28/3/2024 21:58

Heh heh, no arguments with the historic chart, JakNife. What interests me is what the next couple of years will show. Care to plot the chart extending that line ?

[jaknife] 28/3/2024 20:58

wheeze,

"lol JakNife, long time no see. How's your short doing ?"

Here's a chart. What do you think the answer is?



JakNife

[wheeze] 28/3/2024 20:33

lol JakNife, long time no see. How's your short doing ?

[jaknife] 28/3/2024 20:29

Fwatson,

"What is this trading update news? I can’t read it…."

See:


Hands up who think that the board will:

A. Put these funds carefully aside so that they can repay the bonds on the due date?

B. Award themselves grotesquely inflated salaries and bonuses .... because they can?

JakNife

[fwatson] 28/3/2024 15:01

What is this trading update news? I can't read it....

[logica2me] 28/3/2024 11:31

Thanks for confirming that, wheeze.

[wheeze] 28/3/2024 09:59

Value of this company will be determined by the market, not on this board.

[robertspc1] 28/3/2024 09:46

The cash will primarily go to debenture repayments as per the December restructuring. Uskmouth is probably worth 40m having seen the details re the Quinbrook lease etc. Meygen value is a few million in current form. Last debt number was 40m or so. Everyone just pulling numbers out of the air.

[jotoha2] 28/3/2024 09:34

Even a conservative estimate values Uskmouth site for development at least £120 M , next big news should be Maygen , lovely.

[logica2me] 28/3/2024 09:12

I'll explain. £5m cash in the bank. RNS today cements the opportunity.

I've taken a substantial position this morning.

Logica2me rating: STRONG BUY

[robertspc1] 28/3/2024 08:46

Please explain why you think 3p is fair value

[gepetto100] 28/3/2024 08:28

What are the buy levels anyone on l2

[imjustdandy] 28/3/2024 08:21

Should be back to 3p as fair value

[robertspc1] 28/3/2024 08:17

Decent RNS illustrating the potential value at Uskmouth. But everyone seems to forget the debt here which is a major drag on the shares. Meygen still remains a big unknown as despite the CFDs no one has a clue whether the project is viable and will get funded.

[imjustdandy] 28/3/2024 08:10

There's a few bags in this . £5m mkt cap and £5m cash just tipped into their bank account. Wow. Market has this price all wrong

[wheeze] 28/3/2024 08:06

Hopefully a good few caught short this morningI never revel in folk losing money. Shorters on the other hand deserve it. I wish upon them margin calls, house sales and bankruptcy.

[imjustdandy] 28/3/2024 08:05

Amazing value creation -

[wheeze] 28/3/2024 07:24

Lemmings and mushrooms onlyLolllllllllllll !!!!!Ken Chung's short is now on the rotisserie Enjoy

[the imperialist] 28/3/2024 07:11

Carlsberg don't do RNSs......but if they did!

[smokey 1o3] 20/3/2024 09:16

Ken - OMG not uou again.
Don't listens he talks rubbish.

[smokey 1o3] 20/3/2024 09:16

Ken - OMG not uou again.
Don't listens he talks rubbish.

[ken chung] 19/3/2024 17:59

A fine short.Lemmings and mushrooms only.

[robertspc1] 19/3/2024 09:38

Eon acquiring fifty per cent of the Quinbrook BESS development at Uskmouth. Company needs to be much clearer about the prospects for both sides of the business. Equity value continues to sink