George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. 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.
Last post meant to finish: "This remains in my watchlist but at present is probably too high for my risk appetite." I ran out of characters to finish as intended. Regrds and good luck all CM
From NT diary of 16 November: "COPYING TRADES: I can't stop you from copying a trade I made but remember the price may already be a lot higher than I paid indeed I hope it is as buying at good prices is what I do for a living. You may be buying at the top and could easily lose money. Also I can make terrible mistakes and have done in the past. I could also sell before you or before the share tanks. I may still be holding in a year when you sold at a loss. Always do your own research, DON'T JUMP IN BLINDLY. Market makers are very clever at knowing how to make you pay top dollar and then push you out at a loss. This site is about sensible investment and learning how to trade sensibly and IS NOT A TIPPING SITE . Beware. Never push buy on anything till you've done proper research and got yourself a sensible price. Avon looks a class act - a brilliant balance sheet and great businesses and it's just been selected as a contractor for the US defence department. You would have thought the shares would trade on a higher rating but the market seems to ignore them But I am hopeful of a re-rating at some stage to push them through highs and up another couple of hundred pee. So not being a buyer at the mo not much else to say but to make up for it a bit I will reveal a high risk one I bought which those of you who get my higher risk sipp trades will already know about but bought some for the isa as well. That's Ab Dynamics. (ABDP). It doesn't come within my usual parameters and it is highly rated. But looking forward I feel it is worth the risk. It designs and makes advanced testing systems for the automotive industry. But what makes it more interesting than your average share is bits I found on its website including "driving robots" and "Driverless cars". Although I hate the idea of both they are coming, and soon and guess which company is going to get a whole lot of work? That's why it is already highly rated but perhaps it could end up being even more highly rated as the years go on. It does have net cash too and I think it will take time and patience. But a reminder it IS high risk as it has a high rating!" I have been following the NT for some years. I treat his diaries seriously but only use them as a point of further research. If investors invest blindly then they only have themselves to blame when things go wrong. NT never has and never will be a tipster nor does he want to be, he is only relaying on his trades and his take on the market. I would recommend most strongly reading two of his books, "How anyone can make profit trading in shares" and "Invest like a Shark". The present retrace may only be short term. I do see it as being volatile and there is likely to be big swings both ways. I don't see this as being a bubble, more likely to be the case that the share price had got ahead of itself. This remains in my watchlist but at present is probably too high
Precisely the reason I got out, see just the message before this. The bubble has burst quicker than expected, there will be many new comers who have only just bought because this was on several 2018 pick lists. Expect a small bounce then a steady drift back down to 700.
Wish the naked trader and other tipsters had never got involved. This company is solid with the majority of it's shares tied up by directors and large institutions. The free float stock in PI hands is very small and this share moves a lot on low volume. All the naked trader has done is made a few PI's blindly purchase small stakes in the company massively inflating the price which has subsequently collapsed due to a few banking profits. Look forward to business as usual once this share falls off the radar again.
Wow the naked trader was plugging this, saying could see £1500 but took at it tank! Even the big boys get it wrong
Sold my remaining shares. With a P/E approaching 50, this share is now very much overvalued. I foresee an abrupt correction in a few months with growth in the order book not being at same rate as 2017 and newcomers having seen this in various pick lists losing interest. For me this share has too quickly, in just a few months, moved from being a long term holding for those who have done due diligence to one for those looking to make easy money.
It was just a light hearted jibe Iselsf - chill :)
No, that sounds amateurish or childish, I am neither. If that is your trading logic or emotions please, please further your knowledge and tactics. I sold at 886 on Mon, you are correct it did touch 910 briefly on Tue but was around 900 mark throughout the day. These levels of intraday differences of a 1 or 2% are neither here nor there. My concern and reason for sale is volatility due to a combination of this share "being discovered" by the general masses and over-enthusiasm for positive results. I want the share price to go up in a consistent, sustainable manner. I have long ago doubled my money on this, I want to protect my capital from sheep spiking this one way then another.
Near the day's end well after you posted, Iseisf - 910p was seen! - bet you were thinking: "Not NOW! Go away! Geez! It's only been hours since I posted of selling, if 950p appears! Gimme a break will ya"
The problem starts when a share gets recommended by outlets and picked up by general public. For me this is the sign to move on. Daily rises of 5-6% are not sustainable, the 50% gain in the last 2 months is exaggerated and I am concerned any news that is less than superb may trigger a sell off. If it breaks 950 before year end I will sell my remaining shares.
PE is 43. Where are you getting 22 from?
Glad to hear you only sold half your holding.You won't regret holding half.It has recently been recommended a buy in the Investors Chronicle and by the Penny Share Letter.
PE is 22 Don�t sweat the rise
Guy Martin used ABDP to convert his van to AI in tonights TV show lets hope thats a boost for the share.
I halved my stake in ABDP today, partly to offset my losses against CLLN, but mostly because I believe this is now overvalued following recent uptick. This is a good company and a good share to own but SP above 800, P/E in 40-50 range is too much.
�8?! wow! just keeps going!
I bought this at 319.70 and added more at 401.6. Ive sold some at 569.6 to lock in some decent profit however the high P/E is high as you state but this is often the case with tech companies on the cusp of great things possibly. Revenue and profit tend to catch up despite high research costs etc. In this case I am not overly concerned about the sluggish sp. Institutions will start to look at this more meaningfully as time goes by.
Has been mentioned in IC over the last few weeks. Rated a BUY by them in last week's edition.
South Street - the answer's staring you in the simple finacial measuring data at the top of this forum, and on your broker's page and on any free investment site you care to peruse - The PE is monster high. The company is fully valued for the great results it's delivered. You're all ahead of the game. The share is good, the SP is good. In fact so good you've all bought and bought and pushed the PE ratio to the top end of expectations. Thank goodness ABDP delivered on those. Well done to all holders for choosing a great stock pick. But it's not a cheap buy. It's fully valued, but worth that monstrous PE. You want the SP higher? - And what; drive the PE ratio higher still? It would unnerve some. That's why the SP has "not responded accordingly". Had this on a watchlist for sometime. After it, but will wait for a lower entry (if possible). It's a good share. Don't worry, all good. But no freebies on the back of the current share price. Be happy with your current success.
Great resuts today in my view but SP not responding accordingly... Thoughts welcomed
There is a recording of the AB Dynamics presentation at ShareSoc Growth Company Seminar, 11th October 2017 available here: hTTps://www.sharesoc.org/events/recordings/
There is a detailed report on our recent London seminar where AB Dynamics recently presented which can be found in our members area here: hTTps://www.sharesoc.org/members-area/ To access the report, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here: hTTps://www.sharesoc.org/membership/ Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here: hTTps://www.sharesoc.org/contact-us/ For our future seminars you may want to see here: hTTps://www.sharesoc.org/events/
Superb announcement. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ABDP&ArticleCode=ztijx644&ArticleHeadline=Significant_Contract_for_Driving_Robots
Can find any news why shares are down over 5%, anyone know?
£6!