*Recent sell-off creates a great opportunity to add to the CNE position which has unjustly suffered from the recent sell-off in oil as the company has limited exposure to oil compared to the arbitration case *The finance ministry said today that they are proposing a bill that no tax demand shall be raised in future…
Upside remains +30% in the short/medium term, our peer valuation comes in around 2000p We continue to see SSE as a heavily discounted renewables pick which are rare to come by these days We see this speculation as a great opportunity to add or start a position as now there could be a firm catalyst…
Good and short article from Stock Heads investing website out of Australia. The party is set to continue —vanadium supply is likely to remain constrained until 2024, Roskill’s steel alloys principal consultant Erik Sardain told Stockhead. Link to article: https://bit.ly/3ryhuWL Ferro-Alloy Resources is our preferred name in the sector. “FAR” is an emerging Vanadium producer…
The narrative now is all about a growth slowdown due to tough comps, FED being slightly hawkish and more press noise on new variants. I think things accelerate again in Q4 once vaccines all out there and we’re comping vs last year’s lockdowns. Europe & US is all open although Asia is shutting down again…
*TED’s transformation plan has now reached such a stage that we are feeling confident that the value will be unlocked in the near future *The name has been punished through Covid while the company has used the time to progress in its brand refresh/transformation on its core priority markets and working towards its ESG targets…
We are adjusting our target price due to the 1 for 20 share consolidation on Friday – our adjusted price target (inline with our previous price target) is 800p which leaves a +100% upside while our comp valuation comes in around 1000p which leaves a +150% upside – our Blue Sky valuation comes in at…
Great read from Greed & Fear and what they call the Oil crisis. We have had the view that we have an ENERGY CRISIS coming due to the new drive to be carbon neutral which although ultimately its an important cause its unrealistic in the time frame and will lead to an energy crisis. For…
*Davis now officially taken over as chairman, this triggers the completion of the initial USD 1.6m investment which brings the total up to USD 3.1m *New CEO has in the past spearheaded the growth of Xstrata to be the largest producer of ferrochrome and a leading vanadium producer *Davis again highlights the need of Vanadium…
*Top renewable pick, still heavily discounted compared to the peers *Remains on track with investment program which will make them a top renewable player in Europe with considerable potential for future growth above and beyond *The company also expects to triple its renewable capacity by 2030 in a period where we recently saw the ruling…
Harbour Energy Has Many Attractions, Morgan Stanley : They have it as EW but at PT of 26p and they have a bull case PT @ 35p. Both work for us. With Oil now holding above 70USD i would expect another leg higher once that becomes support. Oil continues to be one of the best…