Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I agree feels like it's a good time for news, waiting to see the MM's start ticking this up, nothing expected for tomorrow as no signs of manipulation end of play today.
I agree I feel we are very close now
Good timing Anelka69 - hoping this is the low - my portfolio is creaking and needs this to take off like we all are thinking it will. GLA
In for 500,000
Looks promising project with the word blockchain in it ....
@jiffybag with absolutely respect to you, I am grateful to your thoughts.
For me once the API is granted obviously there be a significant rise followed by immediate dip caused by people not wishing to miss out. Then a slight momentum build.
The next stages of the journey I really need to think about which would eventually lead on to the 5 stages.
However what we both agree is these guys need to be moving before the competition is too fearce.
Best wishes schalf
Schalf,
Re: About the rambling thoughts :) , nah I thought they were extremely constructive and thorough. Infact well presented.
I don't disagree that the recent strategic/plan RNS was constructive etc.
Try looking at the big picture and what we have yet to achieve in order to get to stage 5 :O)
Sorry, I need mine
bought more at these levels
sp can move up anytime..
ZagEgypt!! 1.50!! You're killing me!!
Has anyone got a length of rope they can lend me??
;-)
Regrettably I believe this will keep on edging down until API news and then boom again, but as that could be months away I shall wait until 1.50 or lower.
@jiffybag
Last paragraph first 100 % agreed GST does need to get a move on in regards to contracts and both API licences (UK & Singapore).
About the rambling thoughts :) , nah I thought they were extremely constructive and thorough. Infact well presented.
Kindest Regards schalf
Hi NorthernBoy,
Re: I wonder if RNE died a wealthy man?
Wickipedia
Apparently not :O)
https://en.wikipedia.org/wiki/Ralph_Nelson_Elliott
'At age 58, he filed for bankruptcy because of the severe losses he suffered in the short term.'
However ther are many fans of the Elliot wave concept, one such guy is Willem Middlecoop
https://www.reddit.com/r/Wallstreetsilver/comments/m3zdrq/elliott_waves_and_silver_what_was_willem/
http://accreditedinvestorjournal.com/2021/03/31/could-mining-stocks-rally-50-80-this-year-willem-middelkoop/
It's just an interesting concept, nothing more, nothing less pure educational stuff.
Hi Schalf,
Re: 'However, I am unsure how the elliot wave effect could be used in this case , since this about a new dynamic expansion taken by the company '
Fair point, it's all very much a pseudo science tdh:O) but markets as a whole do rise and fall as indeed do certain industry sectors and maybe one can think about how the SP might react over the long term when thinking about the Elliot Wave hypothesis .
Just my rambling thoughts:
GST are now embarking on moving into a relatively new Fintech sector using the blockchain concept. GST are still at stage/wave 1 for sure.... so come the grant of API licence etc I would expect expect a rise in the SP obviously.
What will stage 3 be?
For me it will be further new contracts awarded that utilise and exploit blockchain/coalculus.?
What will stage 5 consist of? ...a sustained growth in the South East Asian markets for that is where GST will be concentrating their efforts on.
After stage 5 we get a dip, consolidation etc, more market entrants, more competition etc. In other words unless you command a strategic moat, barriers to entry are too high etc we will face fierce competion.
GST need to get the API asap and start generating new contracts before other companies take that space?
Hi jiffybag,
Thanks for sharing that, it what that person does on sharechat I believe 'utube' looks at trends and patterns, resistance which is seriously focus, unless you use state of the art software programs ( it's part of what traders learn).
However, I am unsure how the elliot wave effect could be used in this case , since this about a new dynamic expansion taken by the company
What I find interesting in particular this stock ' is how it respond to good news and drops down or bad news, and that's how I look at a prediction not on what the s.p will be BUT how much it will rise from its current position ( my learning is about predictive analytics, its how people react).
Kindest Regards schalf
Interesting stuff JiffyBag!
I wonder if RNE died a wealthy man?
I still think the back of my fag packet is just a likely to be correct in predicting the implications of human psychology on the market.
With our relatively low market cap, I’m sure some good news will see our SP soar!!
Fingers crossed!
:-)
Hi Schalf,
I think you will find it's called the 'Elliot Wave' :O)
https://www.investopedia.com/articles/technical/111401.asp
We're going to sit at around the price that the directors bought for... which is a good thing.
I'll keep topping up at every dip, and getting my average down.
Hopefully they will keep us updated on any progress, and long term we will see the fruit.
@Jiffybag let's clarify prediction: prediction is an estimation made on observations.
So if you have a bad rns you know that the sp will drop ....but how much by?
If you have a good rns you know that the sp will rise......but how much by?
How do one study this ? We look at past events, then that will tell you how it rises or falls. Then if you like to go more indepth you start analysing the data with timings of buys timings of sells and percentage raises/ loses...
I tell you what, go to university and learn this like I did with my many other professional qualifications
Thank you schalf
Hi all,
I'm slowy building up my position , got more now than Mr Groat , Lol,!! its the only way forgive me for bragging :O)
Yes, we will have more ups and downs along the way maybe? but no one can predict with certainty what lies ahead for the next RNS.
GLA
@mike perchman I fear we are going to be in for a kicking for sometime to come.
Looking at the data I have a feeling either a very big p.i is biting his finger nails, he sold out and I believe he is still out ( as well as a lot of people).
Monday morning will depends on those who sold majority of their shares to average/profit have enough substantial shares left to create a sea of red in order to panic others.
I personally believe Monday it will end at share price 1.90 -2.00 pence. Their maybe rises to 2.10 during next week . This will be the same for the following weeks until rns comes.
These are my personal thoughts with a little analysis of data.
Kindest Regards schalf
My Thoughts on GST is to HOLD NO MATTER WHAT ( Its OK to have a wobble, just don't do anything)
Well done Schalf!
You predicted a close around 2p... Any chance you can say it will close at 4p on Monday? LOL
Not to worry.....it takes time....a little patience and then some more :)
Best wishes schalf
Oh. Just a shift is spread.
:-(