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.
Bimmer, I was wondering what you decided. All that fretting when the SP was around 12 seems irrelevant now. Glad you're in. Lets enjoy the ride up. This and BP will recover much faster than most seem to think IMO. Big funds are probably re entering having sold at the start at the pandemic. This hasn't risen quickly because PI's are investing big suddenly. ATB
Stevebt, hopefully long term this share will climb back into the 20s and hopefully the dividend will be increased to a more attractive level once the debt has been reduced. I am also waiting for the BP to hopefully go back to its previous levels. I think with the oil price recovering of late, Q1 results for BIG OIL should be alot better than 2020 Q4 results. All the best in your investments
Yes very similar to my story except a mate who used to trade told me in 09, every ten years there’s a boom bust cycle so in ten years time make sure you have a big chunk of change to invest. Yes it was a virus and not a recession but it slotted in nicely. Some of the best advice I have ever had and in ten years time if I still have a pulse I will do the same thing again.
Nomad, I didn't understand about shares back then as I was looking at PSN for £2.50 and TW for 27p and didn't know what to do about buying. I may of missed that one but I sure as hell wasn't missing this one, I have learned about shares in a year.
Thomo1968. if I had a hundred grand spare to invest in October last year I would of ignored all the possible quick recovery shares and would of put £50k in BP and £50k in RDSB as they are two firms you know were never going under and the amount of dividend you would get would be a nice fund to keep investing.
I bought 39,000 TW. shares in the financial 09 crash for .39p ps. They said last week they are reinstating the dividend on the 1st April, and their juicy loyalty bonus will follow later in the year.
I am also long with this share. I was fortunate that I had access to funds in August last year when I retired. To me this has been the only positive thing to happen to me since the start of the pandemic. In October with being retired I had plenty of time on my hands and after originally investing in banking stocks in August, I sold them and bought shares of RDSB where I managed to get some at 863, 867, 869 and 884. My average for that time was 918. I also bought in Aug so my average for RDSB is 996.31. I also have BP at 224 average. I feel that I have been given a 2nd chance with these shares as I lost thousands after I had shares in NMC Health suspended. My SIPP and ISA funds were wiped out overnight. I am going to sit on my oil shares for a long time and reinvest the dividends and I will be able to gain back my losses. I have given myself a 5 year window for the shares to increase in value. I will then sell the majority and retire with a few bob. I have made mistakes in the past trying to trade so this time I have just bought and held. The timing for me was the fortunate thing. There were a number of shares that I could have chosen in August last year but when the stock fell to the all time low when others were avoiding the stock was too tempting. As Warren Buffet said buy when others are fearful....so just to confirm sometimes in life you do get a second chance. I am currently 48% to the good with RDSB and 42% to the good with BP. I am too frightened to trade as I cannot read charts.I am going with the fundamentals that oil will be required when the world opens. DYOR etc.
Mine are for a pension in ten years time so I plan reinvesting dividends for that time. I'm unimpressed with the rollout of TW dividend as I hold PSN and they are full dividend already so once TW passes £2 I think I'm selling them and buying more PSN. Pi
I retire next year so it’s more of a pension investment with TW. and BP dividends as well, so that’s why I’m holding on to them and won’t risk trying to trade.
I think the pre-pandemic levels are way off as brent is close to get a correction
Nomad. Nice amount of shares to own at a good price. I'm more not all eggs in one basket so have a good range in six stocks :-)
Yep hold them tight Steve.
I missed the bottom but bought 4200 at £9.60 so I’m a happy bunny.
Soon there will be the $1.9 billion stimulus plan coming through, and they say the Americans have $2 billion stuffed in their mattresses ready to spend.
Plus maybe 6 million more people back to work in the US this year.
Sorry fat fingers GLA
Bimmer668
I’m buying more below £15 and might get lucky on Monday as the price has just started to slip back in the past half hour
A bit above my average at this price but better than money in the bank in a year’s time GKA but it’s been a good week
Boy am I happy I got back in.
The last time I sold some RDSB was at about £27.60, less than 3 years ago.
I certainly won't be selling at these levels - at the start of the global recovery from Covid 19
Anyone planning on selling out now? I'm in for the long run and needs a two in front before I consider selling
£15.08 and rising.
We would of sailed through £15 yesterday if it was not for Powell’s speech when he took a shot across the bow of the markets.
The US has also been waiting for the Nonfarm payrolls jobs report which was excellent they expected 250,00 but it came in at 379,000.