Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Onthecoast,
Thanks for link. Appreciated! Great to see them still going strong. All quality posters as I well recall. I know Kerry's alias on ii is JTT.
I've made a note of it for the future, as I’d love to be more active on yet other forms of social media like twitter. However, right now it’s not practical for me. I’m still active on ii, here, BARC+ & occasionally ADVFN. All these sites share in common being relative to my financial activities. Plus, I’ve landed extra constraints on my time due to family issues & being forced to leave my desk more often. So other social media is something for a later date.
Just catching up with other posts here & as regards predictions, I can't add to my earlier view. That is, I'll be surprised to see another divi-cut so soon after a 50% cut on 4th Aug. However, I'm also braced for more bad news due to the macro-climate.
But whatever happens, it won't change my resolve to hold BP for another year at least. - GLA.
There's a few on twitter. From the link there's others listed under " You might like "
https://twitter.com/TheDarkerLord
AchingBalls,
Thanks again. I only worry about what I can personally control. The irrationality of market behaviour is a law unto itself. Many participants are found out, including seasoned professionals. Me too. Little is easy about this game. During the worst of it, sometimes the best course of action is just to sit tight & hold. Always a viable option if time is on one's side.
Eventually this bearish, sentiment-driven climate will give way to another bullish cycle. The only doubt is timing. But history repeats.
I agree about the trading & market environment. FTSE 100 faring particularly badly largely due to the slump in commodity prices & stronger sterling. Brexit uncertainties also not helping. But I think it’s not just the laws of “physics”, but also economic necessity that'll determine how things play out later.
Record levels of debt have piled up. They'll have to be repaid. Economies have to reopen at full throttle at some point. When that happens, sectors like this one will recover well. A huge bounce won't surprise me.
More buyers will return as alternatives for placing investment cash are not exactly plentiful. The safe haven of Gold is near all-time highs & property prices look well over-inflated. Saving rates at all-time lows. So markets will still draw in huge volumes of buyers when the COVID-19 situation improves. Until then lots of patience required.
Off topic: It was disappointing when ii downgraded their forum around 2018. That caused a significant exodus. Those like Barcap & Jamesthetrain only rarely pop in now. Barcap even ended his Bianca TA software. Indeed, a lot of knowledge was lost. - Certainly not all change is for the best.
GL & take care! Catch up later.
Great to hear you are keeping well and good to seeing you after so many years. Indeed, it was such a great time back during and after the financial crises. Great bunch of knowledgeable people contributing to the trading topics and kept us traders sane. Please do send my regards to the old guards and encourage them to set shop here:) I just did.
I guess this is the downside with proprietary boards as old information tend to vanish.
As for the trading environment, well, this current one is the most bifurcated one I have ever come across. The whole thing feels like the moments when a star rapidly expands right before collapsing onto itself forming a black hole:) The dichotomy of the current market conditions can't and won't be sustained for that much longer. The laws of "physics" has to be obeyed.
You may recall I am all for facts and figures, so here is one interesting one;
BP + Shell + Equinor = Zoom
I guess this says it all about what we are dealing with. Tomorrow will be an interesting day.
cheers, AB
Hi AchingBalls,
Thanks. Good to see you about & I hope you’re doing fine. Indeed, same alias & who'd forget the days of Tas, Barcap, BuyemSellem, the late Rumplestiltskin, et al. All decent posters in very different ways.
I still partake on ii, though less than before they changed their site format. It’s a different these days. Much quieter.
FWIW, it wasn’t that long ago when you were mentioned by another poster on ii, quite fondly may I add, along with a number of other former ii posters. ;o) Regrettably, only a few of the old guard left now.
I’m here partly because BP’s forum on ii is fairly inactive, though I joined LSE years before & have been active elsewhere, depending on stocks held.
As to how I’m doing? FWIW, trading was going very well until about March 2020. Racked up huge paper losses since then. Suffice to say, WELL over £10K. I’m confident I'll get it back, but probably not before 2022.
I intend to hold BP until well after 2020. But enough about me. - ATB & take care!
Hello mate, are you the one from the good old iii board? If so, good catching up mate and to see you active. Missing those days with the frequent banters hehe.
Cheers, AB