Simec Atlantis Energy Share Discussion Threads

[the imperialist] 23/10/2023 10:49

I thought VLS would have taken a bit of the alternative energy chasing money today, but maybe the action is here.

[gepetto100] 23/10/2023 10:46

Nice buying today

[molesprout] 23/10/2023 07:58

BBC News - Could the UK's tides help wean us off fossil fuels?https://www.bbc.co.uk/news/science-environment-67170625

[tomboyb] 06/10/2023 10:26

Moving up slowly -

[the imperialist] 06/10/2023 08:18

Thank you.

[jonwig] 06/10/2023 08:16

Imperialist:

The profit before tax of GBP4.5 million for the six months ended 30 June 2023 compares to a loss of GBP8.6 million reported for the same period in 2022. The profit reported in this period arises from the recognition of the GBP10 million development premium received from Uskmouth Energy Storage Ltd as revenue

[the imperialist] 06/10/2023 07:25

"SIMEC Atlantis Energy (SAE) Ltd recorded a pre-tax profit of £4.5m for the six months"

So are we saying SAE is now a profitable and sustainable business? Or is this a case of accounting shenanigans or one-offs?

[jotoha2] 05/10/2023 18:25

Nice 3 minute article on the BBC 6 pm news about tidal power generation , they showed SAE equipment working , and also a statement that the Goverment is going to promote this technology with grants soft loans etc . they appear to support the technology. Time to add a few more million .

[the imperialist] 02/10/2023 12:28

Upward trajectory now. Signs of institutional interest and we're motoring.

[tomboyb] 02/10/2023 12:18

Moving back up -

Dir purchases 40 grands worth at 1.15p -

[tomboyb] 29/9/2023 15:43

Bit silly -

1.1p on ask with the recent dir purchase of £41k at a higher price -

[tomboyb] 29/9/2023 11:10

Online limits have gone from 750k to 375k max -

Limits coming down, but that size director buy certainly show confidence at these levels -

[jotoha2] 29/9/2023 08:24

I would assume he is looking for at least 8p before he sells , so a nice return in time.

[tomboyb] 29/9/2023 07:37

Morning -

Indeed £41k -

I bought in a tiny amount yesterday and will look to add -

[imjustdandy] 29/9/2023 06:46

The director buy was £41,400 not £36k. Thats a good commitment by anyone's standards. Decent re rate coming here for sure .

[tomboyb] 28/9/2023 14:05

36k buy by the director -

Must be confident -

[jotoha2] 28/9/2023 12:38

Indeed a very strong signal to buy this amount , will watch with interest as others join the party here .

[tomboyb] 28/9/2023 09:35

Director purchase suggests to me at this stage there may well be value in the equity -

Last time shot to 4p+ -

May well be worth holding on to this -

[imjustdandy] 28/9/2023 08:51

1.4 to buy on IG for 200,000 shares

[imjustdandy] 28/9/2023 08:37

Can't get an online quote

[the imperialist] 28/9/2023 08:07

He knows where it's going.

[mrphil] 28/9/2023 07:46

Bet he wishes he'd bought them last week!

[robertspc1] 28/9/2023 07:28

Good to see the CEO buying shares. At the very least it means he thinks the company isn't going bust. And I guess he thinks the shares have bottomed too. There is hopefully positive newsflow short term ie Uskmouth lease sale, medium term ie Uskmouth projects and long term ie Maygen.

[skinny] 28/9/2023 07:05

@£36,000