Should be vs could be valuation. JinhuiWow. The market frenzy has not fully reached out for the dry bulk shipping yet. Even though it looks like it has it surely hasnt yet. To illustrate this Jinhui can easily be used as a prime example. To valuate Jinhui is easy. P/B 0,37 Loan to value ratio about 40% Sadly no dividents at the moment, but this will most likely come. Only once share issue. And also need to mention the elephant in the room, Supramax rate on Baltic Dry around 22.000 USD a day. Sure, Jinhui may not be a victim of these rates, because the fleet is old. But wait, the price on older vessels are actually the ones booming the most. Even if it looks like Jinhui has moved a lot lately, believe me, it has not, compared to potential. This chart is what I believe. Please do research. I will not post this as a long because I can not understand why the price action has been like this. But honestly maybe it has to do with the economic tabloids, and I believe the new buyers do not represent a whole lot of masterminds doing thorough research on the should be price vs could be price on a share. Please let this be start of the next supercycle, it sure looks like that. Ps. Zoom out, check valuation pre-covid and compare with vessel rates and do the same about todays price. Interesting, right?
SAGA PURE - Highflyer for next yearsSaga Pure changed their business philosophy.
Focused on renevable energy, decarbonization & recycling plastic. Further more engagements are expected
The company is as an Holding Company/Wealth Management Player engaged in following companies:
Bergen Carbon (carbon fibre production prototype in test, need time for industrial machines)
Horisont Energi (going public done)
Pryme (needs lot of money to be a market leader), Going public done
Everfuel (actual in correction)
Seems that correction is ahead. But afterwards bright future for Saga Pure seems possible.
Red Flag (2h chart) is typically for a continuation pattern. SAGE Pure still in there.
Idea for new investors:
Take positions below 3 NOK.
Dan/17.02.2021
3.88 NOK
Updated simple log trend with ceiling at 80 NOK. There are some wild swings in this stock. So far still positive news from the company. Progress is being made, but not as fast as the market want.
BULLISH ONE WHITE SOLDIER MAYOR TREND REVERSAL? BUYGreen stocks have had en mayor correction last week.
Nothing fundamental have changed in REC Silicon. All solar prices have had an mayor rise(pvinsight.com), and US are still working on making their own supply chain.
REC silicon will have an mayor part in new batteries for EV the next years to come. They are world leading in Silan gases (70 % of market), which probably will be the new standard in EV batteries.
Strong buy at these levels
REC silicon listed on oslo stoch exchange
PLT ShortPrice got Rejected at Monthly H4 and Weekly H5 Camarella Pivots(165 & 164), Also a new weekly Central pivot opened at 134 and New weekly L3 is at 130, Where most likely price is going to touch between 130 to 135 range in this week, where 0.618 FIb@ 133 is also coinciding with Fibonacci lines. Also price has reached the top of the Rising wedge which formed a Double TOP. This is not a Trading advice, just information Purpose Only.
AKSO AnalysisPrice got Rejected Weekly H4 Cam Pivots, There is GAP created @ 15.33 to 15.7 between the Blue Lines .
Two scenarios to play in this week :
Scenario 1 shown with White arrows as a new weekly Central pivot is opened @ 14.27 and untouched yet and then go up to fill the gap @ 15.7.
Scenario 2: Shown with Yellow lines First go up fill the Gap and then come back to touch the Weekly Central Pivot @ 14.27
This is not a Trading advice, just information Purpose Only.
Follow the moneyThere are several reasons for an insider to sell a stock. Could mean nothing, but, if several insiders buy that indicates something else. I will follow the insiders, buy for me. Also a lot of indicators look priming. Rsi, macd, bottom of tradingchannel and so on. Target —> fill the gap on the daily candles on chart.
KOA ShortFib taken from Previous low to High, Rising Channel broken, Price measurement of channel is calculated from Channel broken, which is showing a possible price fall upto 0.618 FIb @ 2.36 NOK. Although 2.72 NOK is a strong support, possible bounce at 2.72 if not 2.36 should hold the price.
This is not a trading advice, just for information Purpose.
A stock ready to go bullish (again)?Nordic Mining is aproaching financing for its mineral project, builing a mine that will deliver rutile (titanium and pigment feedstock) and garnet (for sanding and cutting applications).
The stock has exhibited bullish behaviour as the volume sky-rocketed end of january without news, and recently had a big selloff on an announced stock-issue at NOK 2,50, and have two gaps I believe are exhaustion-gaps when regarding stock-behaviour the latest months. The stock has a strong support at apx. 2,4-2,5, and analyst target at 5,7.
Project financing are scheduled for Q3, and an updated DFS primo Q2 (just after easter).
Crayon, turning from green to redHi, just like to share this. Not the biggest fan of trading on candlesticks, but here goes. On the chart you can see my poor attempt at drawing the second most bearish candlestick. Just based on this evolving its a sell.
Rising wedge...
Also. CTO, director, and marketing director sold shares. Follow the money, take profit, dont be greedy? I got this as a short. Only my opinion
target 24 kr within next week BUYTested support and bounced upwards.
All green stocks got a beat today. Nothing fundamental has changed for REC, rather opposite.
MCAP still at very low levels compared to future revenue and opportunities within battery industry. REC is global leader for silan wich can become standard in new EV batteries. Huge potential short term, long term.
ZAPTEC builds momentumThe Nordic indexes have struggled this week along with the USA. However, I believe we are in for a treat the coming week as the market relaxes!
We had a beautiful bounce on the Fib (0.618), and with a close in the range 55-60 today I believe that we would continue to move upwards.
If you have any questions please let me now!
Best regards,
Widtrade
Zaptec BUY opportunity NOWLooking at the chart we just hit the support level, trend line and fibo level shows good signs. RSI near oversold.
last price target from Pareto Securities: 75 NOK and 2 weeks earlier from ABG Sundal Collier: 80 NOK, will get the price up.
and as the latest news, the new product Zaptec GO is sold out.