The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
blackshepard , I am in the same boat as you. 3p would get me in the green nicely and reduce the daily viewing. Hope it comes soon
I believe that this company does have the prospect of giving investors, such as myself and others on here a huge return.
A friend of mine bought into GGP and EUA when that was in the very low pence, and after he bought he forgot about them, just checking in now and again to see how they were looking. 8 months / 12 months later he still has exactly the same holding in both as what he had from the start, because he has patience. He now has vast profits in each .
The same applies to this share. This will go up and down daily, but gradually when news comes in, which is positive, we will increase bit by bit and before we know it, 6 months later we could be seeing 5p, possibly / hopefully more. I have quite a large holding here, which has lost a huge amount of profit over the last few days, but the fundamentals of this company are strong, nothing has changed. The sp will increase, but how quickly who knows. The shorts will close eventually and we will regain a slower upward momentum. At times like this, daily watching of the sp is only going to create panic and stress to some.
Max111 I do hope you are right - 8p very quickly would be life changing for some, including me. If you are right today, and we reach 8p, I will personally ship you a nice bottle of red !
Yes Wentsland it was hyped beyond belief, some ppl are insanely obsessed with this share. Might drop further, who knows. Patience will be tested further I think. Imho ofcourse
Yep this hopefully wont drop below 1p , but depends on the pis and mms. Lets see but great future with 2 jvs already and fully funded thru 2021. Not many companies can boast that.
I agree with most of your comments, but I believe it has further to drop,before it stabilises.
This is going to be a great share to manipulate throughout this year and next ,it has the potential.
I would just state UFO is in very early stages of exploration just like ggp was if ppl remember. This has all hallmarks of Ggp, so no prob in this rising to 27p like ggp. But now is the best time to get in not put it off for later. I was challenged by one trading guru, so he likes to think himself to be. UFO has already risen from 0.06p to 3p - that's 50 times , I said so what its got 2 great jvs and UFO is not going to stand still as a share , it is not passive with no money or lack of assets - it is active unlike some Pumped shares in the pennies. UFO is a very exciting share to say compared to many other dull hyped penny shares. This is a winner and if ppl are put off by investing here then look elsewhere for shares at the beginning of their bullrun. There are some but it all depends on several factors. I am pleased with firstly the CEO- 2 jvs, calm jurisdiction , huge assets, a dedicated team and what else to add I will leave that up to u.
Wolster, haha. I put him in a green box along time ago on EUA, literally for what I was just saying about rampers. He only appeared after the company announced that they were looking at putting their assets up for sale. When the share price over there had already risen from 0.45p to over 20p, I’d said new entrants need to be cautious about buying-in if the share price keeps rising as there’s no guarantees that it will sell for the 100p+ like a lot of the people ramping it we’re saying. When I’d said I’d top sliced a few 100k shares Wolster was trying to accuse me of deramping and that because I’d sold a few shares that it made me a trader. As I said in that other post, be wary of people that are only positive about a share...
On the short comment, my nappy would have already had to be changed about 10 times because I bought in here in April.
Woolster warned us about you Moneyfaker.
Hope you are not short. And as Shouston said, If you are, I hope you are wearing a nappy!
MM2015
Well said :)
I’d said when this was approaching the 3p mark that people need to be wary about buying in because we’d had a monumental rise from around 0.6p, off the back of very little. I got slated and called a trader and de-ramper for saying it’s inevitably going to pull back because there was nothing of any substance behind the rise.
It’s people like some of you guys I feel bad for. The people giving me abuse were the same ones saying this is going to smash 10p by the end of the week. It’s seeing statements like that, which lead to people to buy-in at the wrong time because they’re worried about ‘missing out’.
The one thing I’ve learnt in my time investing is that people de-ramping a share will never make you lose money. Yes, it may deter you from investing, but you wouldn’t actually lose anything. The two things you should be wary of are people encouraging you to buy shares and those that only ever post on one or two boards (no matter how much they seem to know about a share). You’re far more likely to lose money by listening to them.
IMO best time to exit the UFO is when the Gold Silver Ratio gets towards 15 to 1 (as Eric Sprott is adamant it will).
DYOR & GL
seems us 3 are in this mess together haha. I really hope the lab results are decent. I like the CEO from what I've heard and the plans . A lot of luck in mining and we could be doing with some of that this week.
I bought in at the same price Rees. Just sit back and enjoy the ride the 3p will come again but will take a little longer next time - i think
Nobody knows but everybody thinks they knows.
If Shorts close their trade and buy this share will fly.
AIM is a game, PRO Traders gain and Muppets go down
the drain on dodgy AIM. It's insane.
2 years is only short time in the market, I've been in for about 8 years and the more time goes on the calmer you will become as a investor. Remember also that penny shares act very differently to more established shares. Fair play sounds like you have done alright up til now. I lost money for about the first 3/4 years. I think ufo will head back north at some point but there could be more drawdown before we get to this point
Exactly, how I hate that phrase, like one can simply squeeze 100% of profit from every trade.
I remember with rolls royce, I sold at 220 and it once was at 260, having bought at around 110.
The wife asked me 'why didn't u sell at 260?'
Real investors will know the reason why.
Hahahaha Rees, I have heard those words a few times myself. I like to think of it as a bit more educated than bog standard gambling - decided to keep my mouth shut the last couple of days and pray!
Still in profit having been here a couple of months, but don't want any losses known as I'll get the famous "Why did you not just cash out?" question.
Whoever said they will have to stop shopping at Waitrose from today, once we get the delayed reaction re-rating from this afternoons First Equity buy rating, they can go back to their normal shopping habits! :)
Lol, shouton, I won't break the news to her today, maybe tommorow after close if things go well.
The words 'gambling' and 'addicted' may be uttered more than once, but alas, I hold my hope here, and hopefully we can laugh over this in a few months time over a few beers, over zoom
Definitely theyknowitall. I have no doubt we will be back at 3p very quick :)
And we had 2 RNS post close price monitoring releases
This is oversold and the smart money knows it and will jump in cheap after the crowd pleasing herds buy high and sell cheap
Always happens, see you all at 3p
I agree with you theyknowitall.
Last time the First Equity put a buy rating in July on UFO, the SP almost doubled within a week! Boom time coming :)
I see you've already found it...
Max,
As I posted earlier I can’t ever remember this SP rising on an RNS. Normally spikes then drops and about 4 days later a gradual rise starts
This is way oversold and the chart, whilst I’m no expert and Mojo and OTP are makes me think we will bounce
Only my view
We have executed a JV and the SP has halved in 3 days
Max111, it's part of the Proactive news as attached...
https://www.proactiveinvestors.co.uk/companies/news/932163/alien-metals--farm-out-will-accelerate-donovan-2-development-says-research-house-932163.html