Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
The CEB Resources (CEB) story has won over a lot of supporters in the market. This is unsurprising given the five-fold increase in the company’s share price since the start of the year. At 0.75p (last seen) CEB is worth £5.4million, but the question for investors is having put in such a strong performance in the year to date, how much upside is left for the shares?
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Comments
doc h
Ben jar min
You know quiet well the company is capitalized and doesn’t need finance as Dave has a strategy to avoid spanking supporters.
Time will tell but don’t go all Gary Newman on me
“ seeing NO value “ right before AFPO 7 bagger lol
I guess the testament of time will tell
I’ll enjoy taking the fiver In sterling
Ben Turney
@doc – :-) I nearly mentioned our little wager in the piece. However, I made that bet thinking Whitby was Australian… shows what I know! Now I know that he is Canadian, I am worried for my money.
Gary Newman
Doc H,
You were right on AFPO – although I have to say that I still don’t see value at anywhere remotely close to the current market cap there (I think that took even the most positive people by surprise at just how far it went and i certainly wasn’t alone in failing to see the value in a couple of MOUs)!
I tend to base my pieces on here on my perception of value based on the fundamentals – maybe not the best way to assess AIM shares very short term, but then i try and write from the point of view of an investment rather than just a quick trade and it is important to me where the SP is 6 or 12 months down the line.
The same argument applies to the likes of MSMN, FITB and loads of others – they had meteoric rises but ultimately they reflected their truer value based on fundamentals once they ran out of steam and hype.
doc h
Gary,
Nothing short of what I would expect from a true gent. If there’s upside like that people need to be taught how to take it, not not to take it….
Tell youngsters not to have sex but we both know what the dirty sods get up to fishing. I prefer to warn of a nasty Virus (big selloffs) or how to protect there tackle (precautionary sells to protect capita)
Horses for courses I guess but hey lots of good ones to choose from so totally respect your point of view on that too.