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London Stock Exchange links:
Celtic Plc Ordinary Shares 1P (CCP):
https://www.londonstockexchange.com/stock/CCP/celtic-plc/company-page
Celtic Plc Preferred Shares 60P (CCPA):
https://www.londonstockexchange.com/stock/CCPA/celtic-plc/company-page
Celtic Plc Preferred Shares 100P (CCPC):
https://www.londonstockexchange.com/stock/CCPC/celtic-plc/company-page
Celtic Surpasses Key Breakout Point, Most Bullish Long-Term Chart in Market
https://www.inflation.us/content/celtic-surpasses-key-breakout-point-most-bullish-long-term-chart-market
Celtic plc (LSE: CCP) has surpassed its most important long-term key breakout point of £1.66 per share and closed last week at £1.93 per share.
CCP has no resistance in sight and on a technical basis is likely on its way to new all-time highs of above £4.72 per share.
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
The Celts appear to have been beaten up and undervalued for so long they are struggling to believe that their time has FINALLY come. This is a new blog post I just came across. I added the blue colored commentary since I had to look up the definition of the meaning.
What’s Going On With Celtic’s Swelling Share Price? Something … Or Nothing?
James Forrest 21:09 05/07/24
https://thecelticblog.com/2024/07/articles-and-features/whats-going-on-with-celtics-swelling-share-price-something-or-nothing/
One of the stories I think we’ve all been following in the background is that of Celtic’s rising share price. I’ve read a lot of speculation about what it might be, and I have to be honest that as interesting as I find it all I cannot claim to being able to make head nor tail of it.
I have only the most limited understanding of this stuff, and certainly not enough to be able to make a confident prediction on what this might be. David Low, whose opinions I respect enormously, doesn’t seem to think that this is much more than an adjustment in anticipation of some sort of positive financial report. He may be right.
I know more about what this is not than I do about what it is. So let me tell you what I understand it not to be before we think about alternative explanations.
First, this is not a natural statistical variance. The company share price has gone up 40%. That’s not a standard stock fluctuation.
Secondly, this is not a consequence of some coming big deal on sponsorship or merchandising; those aren’t up yet. They have a way to run. The merchandising contract is up, I think, at the end of the season to come so it’s too early for that to be making some big difference.
This doesn’t seem to be an imminent announcement on cash coming into the club via a commercial source, so we can probably rule that out.
This is not, as some are speculating, a reaction to the coming settlement of certain court cases, although I can sort of see why some might assume that.
Once this issue is settled that’s in the past and organisations which get out from under a court judgement usually do experience a rise in their share price; anyone who has ever seen Wall Street knows that Bud Fox makes his first killing due to inside information about the company his father is a union rep with.
But those cases are of no interest to most of the outside world except for those at Ibrox who obsess over every single detail. Not one of the reports about this which has been in the papers have affected the share price one iota up until now, because the markets understand that we won’t face major liability either way when this is covered by insurance.
(And don’t get me started on that subject; the only way that insurance would not cover this is if liability was legally established and it was proved that current directors had been involved in a crime. Not even the most rabid Sevconian has ever seriously suggested such a thing.)
There was some suggestion that it might have been due to the double and the automatic Champions League qualification; a lot of the rise fits in with that, but I can’t remember automatic qualification changing that in times past, and so I have my doubts that this is about that. It’s a significant rise, and I just don’t think the club share price has moved so much due to it.
Some speculate that it’s that and the Matt O’Riley deal combined. That deal isn’t done yet. There might not be a Matt O’Riley deal. So that’s speculative and the share price doesn’t climb more than 30% on the back of transfer market speculation.
The price hasn’t been this high in 23 years. The Record’s ignorant speculation is that this is caused by “the double winning season”. They even peeled £10 million off our estimated £40 million take for the Champions League, which I had a good laugh about. We’ve won trebles and not seen that rise. Double trebles. 3Treble. The Quadruple Treble. No increase like this.
In short, they have no idea and are too lazy to go and ask an expert.
A significant share purchase or sale would move the needle. Naturally. But we’re a PLC and that stuff would already be a matter of record. Could it be talks about a sale? Yes, but if it’s moving the share price then it’s significant enough and known enough to have leaked.
This is where what much of the online speculation is focussed on. That perhaps a major shareholder is ready to sell up to someone else, and that this has leaked and that the price is increasing as a result. But see, we’re not the club from Ibrox, who aren’t on any official exchange and who can, therefore, hide something like this … or manufacture stories about takeover bids without incurring any regulatory consequences.
It’s possible that there could be talks behind the scenes. But would enough have leaked to move the share price without alerting someone to write a story? It seems doubtful. As I said though, this isn’t anywhere near to being my area of expertise, or indeed anything I can speak on with any confidence. I know some basic stuff, enough to rule certain things out, but not enough to say with any certainty what it could be. No-one, to my knowledge, who owns a significant block of shares has expressed any interest in selling them … as I have lamented, there are people who think this club is their personal thing to pass down to the next generation, returning us to an era when we were a “family club” as opposed to being just a family club.
So I’m inclined to think that David Low might have it right; it’s not sexy, but it’s still a story. He says that experts believe that Celtic has long been undervalued and maybe this is Celtic finally rising towards a more realistic market capitalisation, based on strong returns, a healthy balance sheet, infrastructure spending and sustained success.
The things this board does right it does very right.
We are in rude financial health (British, old-fashioned
: strong and healthy), and maybe this rise to a more realistic valuation does in fact signify no more than that. It’s also worth noting that the share price and the club’s valuation doesn’t actually put 30% more in the bank … so beware of any story in the mainstream media which tries to link this to the transfer kitty, that’s someone who either doesn’t have a clue what they are on about or someone trying to make trouble.
Disney CEO Bob Iger Buying Angel City FC Women's Soccer Team
Disney CEO Bob Iger is about to buy a $250 million controlling stake in National Women's Soccer League's Angel City FC, which will value the club at $300 million.
Celtic plc (LSE: CCP) or CLTFF is investing for massive growth by constructing their new state-of-the-art Barrowfield Training Centre for the Celtic FC Women's Squad and Celtic FC Boys and Girls Youth Academy. NIA has just posted a brand-new YouTube video showing its ongoing construction and how you can see Celtic Park from the site.
Maybe Golar saw something nobody else did. They certainly are coming out looking better than ever losing the ones who left for Delfin. Would be interesting to look at the timeline and see if they jumped ship before or after the decision to cancel. I'd assume afterwards, but how long after could provide a clue.
Really? Which one?
Yeah, I don't know that I buy Manchester City putting this together at the last moment. With lead times for production and overseas shipping, these shirts would have needed to be designed, produced, and probably shipped already in massive quantities to stock all the games they are playing in the US. They are playing four games against big teams at huge venues including Yankee Stadium and Ohio Stadium at Ohio State. A little sensationalism to hype the coming run up in price I suspect.
Desperate Manchester City Secures WWE Partnership for Celtic FC Preseason Game
https://www.inflation.us/content/desperate-manchester-city-secures-wwe-partnership-celtic-fc-preseason-game
Manchester City is pissed that WWE wrestlers CM Punk and Sami Zayn were seen in public wearing Celtic FC kits in recent weeks.
Manchester City is scared that Celtic FC/Adidas kit sales are rapidly catching up to Manchester City/Puma kit sales.
In a desperate attempt to preserve their £1 billion brand value (and £5 billion total franchise value), Manchester City has secured a WWE partnership for their upcoming preseason game vs. Celtic FC at University of North Carolina on July 23rd.
When Manchester City plays Celtic FC on July 23rd, their Manchester City kits will have the WWE logo displayed on them. In fact, Manchester City will be selling t-shirts saying they are the "best in the world" using the slogan of WWE wrestler and Celtic FC fan CM Punk.
When CM Punk wore Celtic FC Adidas gear, he actually drove to Celtic Park to buy the gear on his own. WWE/Celtic FC did not force him to wear it like Manchester City is attempting to do with their Puma gear.
To our Canadian members if you attend the WWE Money in the Bank Toronto show tonight, please wear Celtic FC kits.
Celtic plc (LSE: CCP) or CLTFF will be a $1 billion+ market cap company very soon!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is meant for informational and educational purposes only and does not provide investment advice.
Bull Thesis for CLTFF (common stock for Celtic F.C. of the Scottish Premier League) as presented by the National Inflation Association (NIA):
https://www.inflation.us/content/why-celtic-lse-ccp-or-cltff-worth-1-billion
Celtic plc (LSE: CCP) or CLTFF has £67.327 million in net cash.
CCP's 19.45 hectares or 48.06 acres of land in Lennoxtown next to Lennox Castle that they acquired for £493,000 in June 2006 (no evidence of corruption was found) to build their Lennoxtown Training Centre had an estimated market value of £32.5 million at the time it was acquired. The Scotland "all properties" price index has increased by 58.02% between June 2006 and April 2024. NIA estimates that CCP's 48.06 acres in Lennoxtown is currently worth £51.36 million.
CCP's 5.33 hectares or 13.17 acres of land at Westhorn near Celtic Park that they acquired for £675,000 in January 2008 (no evidence of corruption was found) had an estimated market value of £11.4 million at the time it was acquired. The Scotland "all properties" price index has increased by 37.54% between January 2008 and April 2024. NIA estimates that CCP's 13.17 acres at Westhorn is currently worth £15.68 million.
Since going public, CCP has invested a total of £83.127 million into Celtic Park upgrades and maintenance. NIA estimates that Celtic Park and its land is worth approximately £300 million. In comparison, the most similar MLB stadium to Celtic Park is Fenway Park. Forbes estimates that the Boston Red Sox's Fenway Park is worth $1.156 billion or £906.67 million. Celtic Park's capacity of 60,363 is 59.88% larger than Fenway Park's capacity of 37,755. A valuation for Celtic Park of £300 million or less than one-third of Fenway Park's valuation of £906.67 million when Celtic Park is 59.88% larger is a conservative estimate. On TripAdvisor, both Celtic Park and Fenway Park are ranked the #2 best thing to do in Glasgow and Boston, respectively. 90.73% of Celtic Park reviews are a perfect 5 stars vs. 76.21% of Fenway Park reviews a perfect 5 stars.
NIA believes the Celtic FC brand is worth at least £200 million and if the Boston Celtics sell for $7-$8 billion like NIA predicts, the market could potentially value the Celtic FC brand significantly higher than our estimate of £200 million. CCP's Adidas deal alone earned the company €34 million in 2023 with Celtic FC kit sales breaking out into Europe's top 20 for the first time ever with a ranking of #17 out of all 1,100+ European football clubs. For comparison, Manchester City kit sales in 2023 were €73 million and it was recently estimated that the Manchester City brand is worth £1 billion. If demand for Celtic FC kits is equal to 46.58% of Manchester City kits a valuation for the Celtic FC brand of only 20% of Manchester City's brand value of £1 billion is a conservative estimate.
Transfermarkt estimates that the Celtic FC Men's Squad has total value in the transfer market of €123 million or £104 million. They value Matt O'Riley at €20 million and many English Premier League teams are desperately trying to buy him from Celtic FC this summer. Many industry insiders believe that Celtic FC could receive a record breaking £30 million transfer fee for Matt O'Riley, which is much more than the Transfermarkt valuation estimate.
One week ago, a Carlyle led investment group acquired National Women’s Soccer League’s Seattle Reign for $58 million for a valuation increase of 1,557% in the last five years from the $3.5 million they were previously acquired for in 2019. The Seattle Reign are terrible with a current record of 2 wins and 9 losses. CCP's Celtic Women's Football Club had a record this year of 26 wins and 2 losses and won the national championship! NIA is sure that the Celtic Women's Football Club is worth an amount that is at least equal to the Seattle Reign of $58 million or £45.52 million and it is probably worth a lot more than that!
How about we add this up...
Net cash: £67.327 million, Lennoxtown Land: £51.36 million, Westhorn Land: £15.68 million, Celtic Park: £300 million, Celtic FC Brand: £200 million, Celtic FC Men's Squad Total Transfer Market Value: £104 million, Celtic Women's Football Club: £45.52 million.
This values Celtic plc (LSE: CCP) at £783.89 million and CLTFF at $1 billion!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.
Upcoming American Tour dates, opponents, and venues:
Other NIA commentary:
Awesome!! This is one play that I'm not afraid to tell others about since Celtic F.C. are a well known entity in a highly vetted industry and are so obviously undervalued. I believe the NIA is correct in forecasting a season of sports franchises hitting the market and changing hands. The act of putting teams on the market is going to bring about a period of market discovery of value and will allow for team values to be repriced taking into account inflation. No offense to women's sports, but if they are going to be given between 8-9 digit values when nobody watches their games, all men's teams should be worth $1BN+ just bc fiat currency is so worthless.
Haven't seen him yet, but I don't doubt he'll at least stop by.
Hey there! Yes, there's some real potential for legitimate gains here. It's a classic diamond in the rough story that is severely undervalued relative to its peers with an upcoming showcase tour to catapult its name onto the American sports scene. Plus, being in the UEFA Champions League this year is going to bring huge exposure. The stock is currently more actively traded on the OTC than the LSE. Once it wakes up overseas I think the real gains will come.
Howdy!
I got the board created for our "other play"...
Bullish Thesis for Celtic plc (LSE:CCP, USOTC:CLTFF) as presented by the National Inflation Association (NIA)
https://www.inflation.us/content/why-celtic-lse-ccp-or-cltff-worth-1-billion
Celtic plc (LSE: CCP) or CLTFF has £67.327 million in net cash.
CCP's 19.45 hectares or 48.06 acres of land in Lennoxtown next to Lennox Castle that they acquired for £493,000 in June 2006 (no evidence of corruption was found) to build their Lennoxtown Training Centre had an estimated market value of £32.5 million at the time it was acquired. The Scotland "all properties" price index has increased by 58.02% between June 2006 and April 2024. NIA estimates that CCP's 48.06 acres in Lennoxtown is currently worth £51.36 million.
CCP's 5.33 hectares or 13.17 acres of land at Westhorn near Celtic Park that they acquired for £675,000 in January 2008 (no evidence of corruption was found) had an estimated market value of £11.4 million at the time it was acquired. The Scotland "all properties" price index has increased by 37.54% between January 2008 and April 2024. NIA estimates that CCP's 13.17 acres at Westhorn is currently worth £15.68 million.
Since going public, CCP has invested a total of £83.127 million into Celtic Park upgrades and maintenance. NIA estimates that Celtic Park and its land is worth approximately £300 million. In comparison, the most similar MLB stadium to Celtic Park is Fenway Park. Forbes estimates that the Boston Red Sox's Fenway Park is worth $1.156 billion or £906.67 million. Celtic Park's capacity of 60,363 is 59.88% larger than Fenway Park's capacity of 37,755. A valuation for Celtic Park of £300 million or less than one-third of Fenway Park's valuation of £906.67 million when Celtic Park is 59.88% larger is a conservative estimate. On TripAdvisor, both Celtic Park and Fenway Park are ranked the #2 best thing to do in Glasgow and Boston, respectively. 90.73% of Celtic Park reviews are a perfect 5 stars vs. 76.21% of Fenway Park reviews a perfect 5 stars.
NIA believes the Celtic FC brand is worth at least £200 million and if the Boston Celtics sell for $7-$8 billion like NIA predicts, the market could potentially value the Celtic FC brand significantly higher than our estimate of £200 million. CCP's Adidas deal alone earned the company €34 million in 2023 with Celtic FC kit sales breaking out into Europe's top 20 for the first time ever with a ranking of #17 out of all 1,100+ European football clubs. For comparison, Manchester City kit sales in 2023 were €73 million and it was recently estimated that the Manchester City brand is worth £1 billion. If demand for Celtic FC kits is equal to 46.58% of Manchester City kits a valuation for the Celtic FC brand of only 20% of Manchester City's brand value of £1 billion is a conservative estimate.
Transfermarkt estimates that the Celtic FC Men's Squad has total value in the transfer market of €123 million or £104 million. They value Matt O'Riley at €20 million and many English Premier League teams are desperately trying to buy him from Celtic FC this summer. Many industry insiders believe that Celtic FC could receive a record breaking £30 million transfer fee for Matt O'Riley, which is much more than the Transfermarkt valuation estimate.
One week ago, a Carlyle led investment group acquired National Women’s Soccer League’s Seattle Reign for $58 million for a valuation increase of 1,557% in the last five years from the $3.5 million they were previously acquired for in 2019. The Seattle Reign are terrible with a current record of 2 wins and 9 losses. CCP's Celtic Women's Football Club had a record this year of 26 wins and 2 losses and won the national championship! NIA is sure that the Celtic Women's Football Club is worth an amount that is at least equal to the Seattle Reign of $58 million or £45.52 million and it is probably worth a lot more than that!
How about we add this up...
Net cash: £67.327 million, Lennoxtown Land: £51.36 million, Westhorn Land: £15.68 million, Celtic Park: £300 million, Celtic FC Brand: £200 million, Celtic FC Men's Squad Total Transfer Market Value: £104 million, Celtic Women's Football Club: £45.52 million.
This values Celtic plc (LSE: CCP) at £783.89 million and CLTFF at $1 billion!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. This message is meant for informational and educational purposes only and does not provide investment advice.
Does anybody know how to get a forum opened up for commenting on this site? There is a page that exists for the ticker, but the board is closed. I can't find a chat room with any admin hanging around in it.
Small Delfin mention...
The Biden Effect: LNG SPAs Fall 15% in First Half 2024 After Pause
Poten & Partners data show that the total volumes associated with LNG sale and purchase agreements fell by 15% in the first half of 2024 compared to the same period in 2023 following the Biden administration’s LNG pause.
Total volumes associated with LNG sales and purchase agreements (SPAs) are down 15% in the first half of 2024 compared to the same six-month period in 2023 —primarily due to U.S. President Joe Biden’s pause on LNG permitting, according to research by Poten & Partners.
“The number of SPAs completed fell significantly in March following the Biden administration's pause,” Ben Gonzalez, Poten’s head of data analytics, said during a July 2 webinar. A U.S. District judge lifted the LNG export pause on July 1.
“Historically, you do see some lower SPAs during the [same six-month periods, specifically in 2020 and 2021] but, nonetheless yes the Biden pause did impact the market significantly,” Gonzalez said.
During the first half of 2024, gas-linked contracts accounted for 36% of all SPAs signed, according to Poten data. Of that percentage, Henry Hub-linked contracts accounted for 36.5%, Japan Korea Marker or JKM (33.5%), followed by the Canadian benchmark AECO (14%) and Waha (11%).
In comparison, in the first half of 2023, gas-linked contracts accounted for nearly 63% of all SPA volumes.
Oil-based contracts accounted for nearly 60% of the SPAs in the first half of 2024; Brent-linked based contracts accounted for nearly all SPA volumes. In the first half of 2023, oil-linked contracts accounted for 35% of the SPAs.
On Jan. 26, Biden formally paused approvals for new LNG export projects. The move was viewed as a key win for environmentalists in the Democratic Party—and a huge source of frustration for gas players. During the pause, the Department of Energy is assessing the role of climate change in the LNG permitting process.
U.S. Energy Secretary Jennifer Granholm said that she expects the review to take a year, until roughly February 2024, well after the election.
In terms of the total number of SPAs signed and linked to U.S. LNG projects, Gonzalez said they were down 73% in the first-half 2024 compared to first-half 2023.
About half of the SPAs signed to date are supporting the construction of new LNG capacity including Delfin LNG, Rio Grande LNG, Texas LNG, Mexico Pacific LNG, Cedar LNG and Ksi Lisims LNG, Gonzalez said.
Despite the decline in both volumes and numbers related to the signed SPAs, Saudi Arabia’s Aramco has signed heads of agreement (HOA) deals with two U.S. projects: NextDecade Corp.’s Rio Grande LNG Train 4 and Sempra's Port Arthur LNG Phase 2.
“We could see for the second half of the year [that] SPAs increase with the U.S. as these HOA deals are aiming to convert to SPAs given certain conditions,” Gonzalez said.
Plaquemines LNG to spearhead 2024 uptick
Poten expects U.S. LNG exports to pick up this year with the start-up of Venture Global’s Plaquemines LNG, which recently started introducing gas into its plant.
“It should be any time now where they should send out their first cargo,” Gonzalez said.
In April, the U.S. Federal Energy Regulatory Commission granted Venture Global permission to start accepting and processing gas into liquefied form for export at its massive Plaquemines LNG export terminal.
The Plaquemines LNG export facility, in Plaquemines Parish on the Mississippi River, is near the Louisiana Gulf Coast. At full capacity, the plant will export up to 20 million tonnes per annum of LNG.
Gonzalez said Poten expects Golden Pass LNG to start up in the second half of 2025 compared to an earlier estimated start date in 2024 owing to delays related to a bankruptcy filing by the company’s lead contractor, Zachry Industrial Inc.
Poten also expects other U.S. LNG projects to add export volumes over the short term, including from Corpus Christi LNG in 2024 and Rio Grande LNG by 2027.
No problem, looks like it could be fun.
In his opinion, Cain said the government’s decision to halt approvals appears to be “completely without reason or logic and is perhaps the epiphany of ideocracy.”
Nice to see some sanity from the courts.
Delfin is now a technical advisor with no financial interests in the project. They divested from the project in June 2021.
https://delfinmidstream.com/cedar-lng/
Delfin didn't make a single change to the project that MARAD didn't already know about. This is why people need to read all the letters back and forth between Delfin and MARAD. Delfin IMPROVED their technology based on already approved, up to date industry technology, and by doing so REDUCED their environmental impact. Projects are NOT required to do new environmental studies every time they make an improvement that is already known about within the industry.
I think Carolyn Davis from NGI made the same mistake I did and confused Mitsui and Co. with Mitsui O.S.K. Lines (MOL).
Mitsui Building Out Eagle Ford Natural Gas-Weighted Portfolio with Eye on LNG, CCS
By Carolyn Davis
7 hours ago
Japan’s Mitsui & Co. Ltd. is continuing to build out its Lower 48 natural gas-weighted holdings after clinching another acquisition in the Eagle Ford Shale of South Texas.
U.S.-based Mitsui E&P USA LLC said it bought the Tatonka gas assets from Sabana LLC and Vanna LLC. No financial details were disclosed.
The 46,500-acre assets offer “access to the Gulf Coast industrial area, which includes LNG export terminals and ammonia plants,” the company noted.
The strategy includes developing a project that could reach “full-scale development after 2026,” the executive team noted. The longer term outlook for domestic liquefied natural gas exports along the Gulf Coast appeared to be a major reason for the purchase.
“In the U.S., where demand for natural gas is expected to increase due to the start-up of new LNG projects and growth in demand for electricity, Mitsui is also promoting liquefaction and export of U.S. natural gas to global markets, and methanol production businesses using natural gas as feedstock,” executives said.
Mitsui has long been invested across the U.S. natural gas supply chain. In 2023, the company began to build its Eagle Ford footprint with an acquisition in the Hawkville field from Silver Hill Eagle Ford. Mitsui also holds interests in the Marcellus Shale and the Gulf of Mexico.
Last year, the company finalized an agreement to take a stake in Delfin Midstream Inc.’s 13.3 million metric ton/year (mmty) LNG project offshore Louisiana.
Mitsui also is an equity partner in Sempra Infrastructure’s Cameron LNG facility in Louisiana. South of the border, Mitsui is a joint venture partner in the Mexico gas import project, Manzanillo LNG, a 3.8 mmty import terminal in Colima.
“In addition to proactively pursuing upstream development projects, we will strengthen the natural gas value chain, including adjacent businesses, and work toward achieving further low-carbon solutions and decarbonization” by using carbon capture and storage (CCS) “and other measures,” executives said.
A partnership that includes Mitsui last year secured a contract in Texas for a CCS project. The plan is to store emissions offshore Corpus Christi in South Texas in an area that covers more than 140,000 gross acres of pore space. Spain’s Repsol SA owns a 40% stake in the partnership and is the operator. CCS expert Carbonvert Inc. also has 40% equity, while Mitsui and Posco International Corp. each hold 10%.
Mitsui in its medium-term management plan to 2026 said natural gas and LNG were to play an important role as "real solutions" for the energy transition
I'm not a permanent NVDA Bull and I am aware of a significant bearish thesis for the company that could bring it below $95 if it were to ever gain traction and result in a restating of earnings. I'm not endorsing anything, just passing along information. I have owned NVDA, I don't currently own NVDA, I would probably buy NVDA again at some point in the future.
*The part I'm referring to begins at the mention of NVDA startup funding*
https://ftalphaville.ft.com/content/e1beb7a5-6c91-4d7f-bc90-79689774881d
From this FT article...https://www.ft.com/content/e1beb7a5-6c91-4d7f-bc90-79689774881d
I believe they, or someone in response to them, mentioned the $95 level being where the large gap in the chart is. I think many people are sitting on the sidelines looking for the gap to fill on the trend change. They even said they are a BUYER of the stock at $95. Some people are long and strong and just DCA when they can, others wait for chart technicals to trigger a buy signal at a bottom entry. I think many can agree, if it actually drops to $95 and fills in the gap, the rebound to $125-$140 would likely be pretty epic.
The idea that people can't have a different opinion than you without being called names is incredibly childish. Your 4 year old mindset is much more annoying than a bearish thesis.
No relevance to anything other than Michael Egan.
This is the next SMCI.
With that being said, I do believe the "paid basher" narrative came from hedge funds who invented it to be a major social media distraction away from actual crimes.
I believe it used to be a thing back when your computer would screech like a demon to sign into AOL through the phone line, or whatever TF that all was. With social media today it would be obvious if "paid bashing" was real bc we'd all know someone who had been paid to do it. I've never, not one time, ever had a conversation with someone that could ever prove they received a single penny to talk bad about a stock. There have been proven, coordinated attacks by groups to defame companies for personal gain, but there's no such thing as paid bashers in the sense that these people talk about on here. It would be infinitely cheaper to just program a chat bot with AI to spam FUD instead of paying an army of people enough money to fund a life while sitting on the couch talking shit.