We chatted to IronRidge Resources' CEO Vincent Mascolo who explains why the company has become a lithium explorer. 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 and have access to Premium Chat. 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 have invested in the AIM market, and made some very good profit in the past. My approach, however, was over-cautious and I would have made a great deal more if I have had the confidence to hold for longer.
With regard to keeping track of my investments and all other financial products (current account, credit card etc), I use an application called Bankivity, which is installed on my iMac, MacBook, iPad, and iPhone - data transfer between each device is quick and straightforward. It tells me what my net worth is to the penny at the end of each day. During the day, there is a 15-minute delay in the share price data, but it is otherwise possible to monitor how all equities in the portfolios are faring throughout the day. Moreover, there is a bar chart in the home screen which enables changes over time (months, days during a particular month )to be monitored. An useful resource; of little value as regards investing, but good to keep track of one's finances, there is also a facility to enable transactions to be downloaded from a bank's website. Regards.
3% drop since 12.00. ?????
Says it all really * - Unbelievable KRAP - just for **** Danielh
Thanks for those screenshots. Appreciated. It's very evident that unless one is after a broker with better research resources & greater access to global markets, these lower-priced brokers are at least as good as those much more expensive over time. X-O remains on my shortlist.
Good rise across the FTSE today on the back of G20 optimism. How long it'll last for seems anyone's guess. But encouraging to see VOD's SP return to 130s. Even better still if we can achieve some consolidation at these levels. - Regards.
Interesting to see how Fed moves in July too
Trump gave Huwawei the green light during the G20 Summit (more like G2 summit with USA & China as the main subject of business) for US Companies to sell to them, so things are promising.
"Apart from the glitches with beta."
The beta looks like its the norm now and I cant get rid. I dont like the new look but havent found any glitches yet. Difficult I suppose when you are avoiding it though.
Hi Alan & TLWilliams,
Thank you for updating me, Alan. Much appreciated. Glad to know you had a smooth transition to X-O. I'm still trading more than I thought I would, so taking advantage of ii's commission-free monthly trade. However, I'm still planning to move soon.
It was Velo to his entire credit who took time to do a test between iWeb, HL & AJ Bell. He discovered that the cheapest, iWeb, always held their own on execution prices &, in one test, iWeb's execution even got him an extra 6 shares. Impressive for £5 commission, though platform research resources will understandably be basic.
Agree with you TLWilliams, that some posts may be removed for reasons other than abuse. Probably includes broker reccs.
Re VOD: in context a decent couple of days after support at 123+ retested & held. Naturally, the higher the SP is before next update on 26th July, the better. So I look forward to seeing more steady progress over the coming 3 weeks, bar inevitable blips.
PS: I still find this site going down for me for a few hours at a time. Hence some delayed response.
All the best & may all have a VG w/end!
I think posts normally only get deleted if someone takes offence & reports the post. I have had a few deleted, but it can backfire on the deleter as you can still see there post against you , which then make no sense. But I think l.S.E. just want harmony, & that's fine with me. I confess that I use L.S.E. as my broker, so I am perhaps a bit bias as I find them very good.. Apart from the glitches with beta.
Thank you Alan.
Unfortunately, I cannot lay claim to comparing brokers' prices. I believe that particular piece of analysis was carried out by JackD, although Velo may also also have had a hand in it.
I have remained with the same broker since I started buying and selling equities around five years ago. It is a low cost, no frills service (£5 per trade, no additional costs) and has been perfectly suited to my particular trading needs, although I understand that many investors on this board would require a more sophisticated service for their trading.
It has been an odd week in that by Tuesday p.m., my portfolios were down by around £8,500 from last Friday's close of trading. I was anticipating a further sharp decline, but things improved considerably since then, particularly today, and I ended the week over £9,000 up on a week ago. ( A reflection on the crazy volatility even with blue chip equities nowadays). My situation was largely due to Vodafone and International Air Group, whose fortunes thankfully reversed from the start of the week.
I should have sold in May, and just looked for opportunistic trading opportunities during the summer months. I believe that I would probably be ahead of my current position had I done so. The share price decline of Vodafone since I bought at around 140p is a good example of what occurred since early May.
My best wishes to you, and to all Vodafone investors for the coming sunny weekend ahead. Hopefully, the sun will continue to shine on us when the markets open on Monday.
It's happened on all the lse sites. PC brigade are deleting anything that does not conform to neo liberalism. Has the BBC made a take over bid for this site.
A few weeks ago, you contributed some useful comments on this board about transferring equities between broker accounts. I think you were in a conversation with Jack at the time, and commented positively about one of my suggestions, although it did not apply to what you were setting out to achieve in your transfer arrangements.
When I returned to the board to re-read your comments, I discovered that they had been removed. I am at a loss to understand why those useful suggestions had been taken down? Fortunately, I still remembered most of what was written, and noted it down. Do you have any idea why some sensible and very useful comments were removed? Regards.
Always hard to interpret share buys via board members. Its rare to see individuals buying "real" shares with their own money in meaningful amounts.
Sometimes its done just to sure up confidence but mainly its these incentive plans. Even when it is their own money and few hundred k on shares from someone paid multi millions annually doesn't say much either .
In hindsight VC's sells at market tops didnt seem to bring forward much comment.
trendfreind. thank's for your post. What I don't get is, what technical analysis is behind a graph that predicts a low of 1.10/1.12. It is totally illogical in my opinion, unless it is what I have suggested, that if enough believe it, it will happen. I very much hope we don't ever get to the stage where stock prices are driven mainly by algo computer graphs, but the more of you who believe & except it, the more likely it will happen. Very dangerous, just look at crypto currency values.
Just seen that mumbo jumbo comment!.....now that 's funny......
If its of interest i was looking at the mumbo jumbo (aka TA) of Vod in some detail.... with a more longer term view and outlook....i'n not going to bore you all with the chart or too many technicals...
For me, by all intents and purposes this is showing a long term low should come in here around 110p/112p.....
off course i could be wrong and this could avoid going that low....or indeed break lower!
In my very honest opinion and analysis, i'm seeing that area as a bear phase low here....and not being just as a distinct possibility but as highly likely event imvho...
i'm looking to keep some powder dry here ....
atb, wdik, dyor,
A little qualification. Indeed, IMO, Read's used his cash bonus under said plan.. Read's transaction states: Nature of the transaction - Purchase of shares in connection with the Vodafone Global Incentive Plan and purchase of shares as a personal investment.
But at same SP as Leanne Wood: 125:09, who also got a huge award of incentive plan shares. So presumably Read put some of his global incentive cash bonus into adding more shares. That's all. Just another handout. They're not exactly using their private funds so much. But cash bonuses under the plan to add shares, whilst other directors just tok the awarded shares only.
IMO, it probably means little anyway. Their directors got it hopelessly wrong when buying in the 160s. Following them has only cost many holders lots of paper losses. - Regards.
Jack. You are right, I misread the RNS. Mr. Read's shares are also as part of his incentives bonus. ATB
If I have read the RNS correctly, it appears to be a combination of both:
"The below participants purchased shares on 26 June 2019. The individuals chose to increase their shareholding levels either as part of their requirements under the Vodafone Global Incentive Plan or as a personal investment."
Mr. Read seems to have bought his shares; some of the others appear to have received shares as part off their remuneration package.
Not many bought at all. Most awarded as bonus shares, not least to Read. Hence same SPs for all directors in initial handout: 125.09.
Also some handout shares just before that at bottom of RNS, again all awarded at same SP of 124.24. Most are basically "Conditional award of shares under the Global Incentive Plan, based on Group performance and local performance respectively." - Cheers.
If you look again Jack you will see he has bought shares for his own investment.
Thanks. Others to their credit have given much more detail on this, but I prefer to keep things less complicated with TA.
Decent day here in context. SP closed 128.66. Things may get more interesting when we revisit 133+. Some charts have 134 as VOD's next key resistance level, mindful of two 133+ closes around the ex-date & intraday rises to 134+ that soon got sold off. If we can re-test that 134 level over the next week or two & finish higher with good volume, it'd augur well for further progress back to the 140s. - Regards & GL.
Please note, those director shares are just the usual bonus handouts as part of VOD's "global incentive plan". - Cheers.
Those are some very hefty Director Buys.....
Thanks for that useful summary Jack, which explains the shenanigans we are too frequently subjected to in today's markets.
I am shaking my head in disbelief at the irrational share price behaviour of some of my investments in recent weeks, and particularly at the start of this week. However, these are the forces that we have to learn to deal with if we wish to generate a profit in today's market.
My own position is still anchored by a "value investment" strategy in most cases. Although it still prevails for long term investments, with generous dividends along the way, it in no way takes account of the day-to-day volatility with some equities, where I suspect the real money is made.
Last night's news and the accompanying Vodafone share price increase offers some hope, but one never really knows, and the cautious judgements of many on this board is the right approach - in my humble opinion.
Thanks again for the words of wisdom, which dovetail so well in explaining the behaviour of my current investments.