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ETF Securities experts James Butterfill and Townsend Lansing: did you know you can go long and short on ETF's?

Member Info for lemmink

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Member Since: Sun, 20th Sep 2009

Number of Share Chat Posts (all time): 1,416
Number of Share Chat Posts (last 30 days): 23

Last Posted: Sun 21:08

Post Distribution over the last 30 days

Sun 21:08

Thanks for your posts, it's been fascinating watching the chartist types doing their thing on here over the last year or so ... any sign of stocktaker? :-)
Sun 14:09

Hi Rastuss,
It's resulted in a bloody nose for me, but yes its still interesting.
I pulled the plug on my position because the one year chart looks ugly as sin to me now. The metals and fx prices in combination probably add up to a net improvement on trading conditions over the recent short term, but my thinking on such matters has become exposed to me as somewhat muddled.
I think the last rns outlines the kind of cost saving moves the company needs to make to deal with the company's poor financial position, but deals along those lines need to be done, not just talked about.
I understand, as you say that wages and other costs are rising due to inflation (and inflation linked pay deals etc?).

I am currently wondering how much Q4 cash would need to be generated to give the market sufficient confidence to
to maintain a market capital in excess of $250m (65p) ... would a Q4 cash flow of $60m-$80m do the job and is that possible? I have doubts given the weakness of Q3 but wtfdik ... the one year chart seems to be screaming "new lows coming" ... Monday will be interesting to watch ... I cant see myself rushing to buy back in now that I've taken the time to do some of the thinking & researching that I really should have done earlier. Good luck.
Sat 18:53

Last seven quarters starting from 2016 ... -119 +45 -23 +82 ... -124 +26 +11 (Q4 2017 ???)
Q1 cash out flows are traditionally higher due to lower production and capital/working capital spending....
2016 net outflow was 15m after an excellent looking Q4 inflow of 82m
2017 to date is an outflow of $87m with Q4 not yet over
15 Sep '17

I think that's a £30k poss £40k hit ... not doing the soddin arithmetic will probably buy back in when this hits 93p! 🤕
15 Sep '17

Sold most ... temper mislaid... the idiot in the mirror has just been called the c word
14 Sep '17

I think that's an F wave ... correct me if I'm wrong😡
13 Sep '17

Hope it doesn't turn into an F wave
13 Sep '17

Please tell me that's not a c wave
13 Sep '17

Definitely a **** up here for me ... what's a c wave?
13 Sep '17

Could have just looked at prices in rand using the apps directly!! .. ahem!

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