Blencowe Resources: Aspiring to become one of the largest graphite producers in the world. 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.
Saint-tropez
You are a dreamer but it seems your hopes and dreams keep the troops happy...
I do see 600p once all the helicopter money circulates fully and bread is £5 a loaf
Lmao well I do live in a mad house!
Just because RR. isn't an AIM stock does not make it immune to the situation going on. I wont say if I think its going to go below £2 or not as I'm no oracle, it could climb to over £4 for all I know. I also wont say that there will be another crash soon as I just dont know but do I personaly think there will? Yes 100% I think theres a major downturn due soon to all the issues that are now slowly coming to the forefront and when you look at what many finance people are saying regarding cycles then we are heading for a recession and possible a depression bordering on the great one back in 1929, is this possible YES 100%
I think that people are so spoiled nowadays they think they are also immune to what can happen, its like those who say there will never be a WW3, there 100% be one, maybe not in our lifetimes but there will as humans love to find ways to take over, take power and kill to get what they want, history shows us all this we wont change that. Unless we are hit by some major natural disaster that wipes us all out! (Wow am I a happy chappy) :)
Think of it this way, do you think investors back in 1929, 2000, 2008 among other major falls thought we would have those crashes? Some did, they were saying so but people laughed at them, we are in exactly the same boat now but this time its far worse, people get blind to whats out there due to greed and its very dangerous and leads to people losing money, its happened time and time again and yet some just wont accept what staring right at them.
Again I am not saying we are 100% going to have a another major crash, great depression etc but I'm not stupid enough to think its not a possibility no matter what anyone on these boards wants to think. We could see sp's rise from tomorrow onwards and never loks back for another 10 years or so, nothing would surprise me!
RR. is a top class company and I'm almost certain it will do well as per usual in years to come but dont think its shares wont collapse if we have the worse case scenario from all this come true because it will and that is a fact.
As I mentioned in my previous post , RR defence contracts and business will keep it going and current price reflect that and rest are bonus ! So plenty of upside , RR is In a different Beast , it’s not a an aim stock , it’s a solid business backed backed by government as well as top institutional investors ...
More likely it will rebound from tomorrow as Covid situation has improved compared to April/ May, At that RR went 2.47, worse has gone , time to recover and gradually it should go towards £5
I agree totally - RR has a hell of a lot further to go down - this is just the beginning - if anyone thinks they are getting a bargain at these prices you are sadly mistaken - watch wait and see !!!
ShadowFall
Absolutely spot on. Think some got sucked in by the early June bounce and thought this games easy. It's not! Patience is key, along with research. Then you MIGHT make money.
This may drop further not by a great deal, following the sector. Think Aug/Sept are big months for the sp. We should have a better perspective on 2nd wave, US, China etc.
It will return to post 3.50 by then, if there isn't a calamity re Covid.
GLA
"A multi billion pound global institution was to fall as low as 100p - 200p then the global economy would collapse"
well it wouldnt need to collapse to get to 100p -200p - all it takes is the "fear" that the global economy might collapse ..and the sellers sell thinking they can buy back cheaper tomorrow - it is just like deflation - why buy today when tomorrow is thought to be cheaper - in that "fear" scenario
just look at the announced job losses from some of the big boys like BP, HSBA, RR., Centrica, Boeing, Easyjet etc etc - United Airlines threatening 36,000 job losses in October - Shell and BP with HUGE asset value writedowns
A certain amount of "fear" is already here
Casablancajumanji forums are easy from the sidelines - why don’t you purchase some puts or a spread bet since you’re so sure and make money both ways. Only a suggestion.
Robert hats off to you.
I agree sub 2 pound end if month trying shareholders in for years if they see this out
Robert1971 agree with you I was responding to the other comment (100-200p) we posted at the exact same time. My view is that range is dream land and I agree with you if RR gets there well not much hope for any AIM firm, nor any airline company, cruise company’s etc
Hi Robert,
You are English and RR is an INSTITUTION for you. But, the stockmarket has not recognized that especially in the last 7 years. You have very good average price, and I really do not understand why you put so much money in this unpredictable business.
So you think RR. Market cap will be half’s, that of an AIM company? Or early start up?
I will be looking to buy share between 100-200p range when they get there .
Bad news is not done - this virus isn’t going away anytime soon and I reckon this will be sub 200 before the end of July
With out giving a time frame does anyone believe that RR. Will not be back to Turing a profit and bouncing back in the future when ever that may be. It seems to me people are far to impatient and expect a turn around or more the point a decent return with in months and if they realise that won’t happen there not happy, make a loss and move on to the next stock to be unhappy and make a loss. You can’t buy a stock that is in the BOGOF isle and expect it to tick up in a week, if it was that easy we would all be millionaires 10x over.