The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen 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.
I opened a Barclays share isa, brought a few share, sold a few but would love to understand more, but it’s not my profession. So very new, and often buy for what I read! But metro bank and motif bio, hasn’t been my best choices.
many people do that,jumpin head first,not knowing much about the markets
but we've alldone it
why dont you just watch from the sidelines m8....until your ready
I am not very experienced, you need some luck and good timing or getting in early..
Troajan has been around for a long time, so either has a money tree or knows what he is doing..
He1 is speculative, if drilling takes place, and there is no gas, the price will fall real fast, getting a quote from barclays before the bottom will be lucky, even then it may time out and not complete..then your at the bottom waiting for the bounce.. Often traders turn up for the bounce, the update will be positive even if its a failure... be up early checking for RNS close to results, don't rely on LSE to publish the RNS, check elsewhere..
This is how He1 announced no discovery..
"Helium One (AIM: HE1) is pleased to announces the completion of its 2021 exploration drilling campaign with significant new data to move rapidly to Phase 2 exploration work at its 100% owned Rukwa Project in Tanzania."
The last point of the highlights
"· Tai-2, although completed without identifying helium gas, has provided valuable information on shallow trap and seal potential "
Consider a de-risking strategy, for a simple example, buy at 9p twice what you want to hold for the result, aim to sell 1/2 at 18p to return your investment. If 18p comes easy hold for more selling 1/2 and take some profit.. Be flexible maybe you will need to sell more to return your investment, maybe you will want to risk some of your cash, maybe take all of your profit rather than going for gold.. I have risked my profit, and its been lost...so nothing much too show so far..
I say 9p, its just a number, not a prediction of a low..
dai2belts
i mess up aswell m8,sometimes,big time.
everyone does
I have 50,000 @ 9.6 in a GIA and 232,000 @8.2 in an ISA
My plan was to wait until price hit nearer .48 then sell my GIA and let the ISA ride long term.
What is a better plan, considering this is all i have from a redundancy last year.
@Troajan, its that temptation for the big one...and missing the clues to get out
Its difficult the CEO's job is to be positive always, and thats all we have...
but clues, probably nothing more than conspiracy, both raised an eyebrow at the time, but thats all..
here noob spotted trading volumes on a financial web page way higher than reported elsewhere, London Stock Ex trade report had an extremely high number of cancelled and amended trades on the same day..
ADV, for some reason issued an interim which would have looked sweeter a few days later with the new asset added for future vision, a few hours later 2x £230k trades 1 second apart.. then not 1 hour but just 10 minutes before the morning bell bad news..
dai2belts
its all data driven from now on m8.
ime sure after the last wire logging mistakes,they wont be doing that again.
no reason why the sp,cant get back to the old highs of last year,on good hits
just remember to take profits,if it does and not get carried away,with the hype.
insider trading?yeah,its rife m8
last friday,i posted somewhere,that huge trades were going through,around 3/4pm,on friday,for AMC....3 working days later,a takeover rns landed.....hmmmm,someone new,lol.
you see it all the time....loads of huge trades on cir,this week,i wonder why
and allianz tech
@Daven66.. Its difficult, if they hit big your ISA will set you up nicely..then you will think only if it was all in my ISA..Your plan looks less risky than mine at the moment..
If they totally fail they have the other two fields and still more Rukwa sites, so not all over..
But if we have say 3 drills, and they stick to it this time, its going to a ride..
If this hits 48p, we will be in the money and before then imo, have you read the risked and derisked values for each of the original sites...for an idea.. I would expect 48p after a discovery, then FOMO will set in...Porky will short circuit...
If we hit 48p last time people would have almost been paying for success at 1 site before it happened.
We wont know the true worth of the well until appraisal drilling has been completed, I have no idea how the price will differentiate between discovery and appraisal..
Last year I de-risked on Tai-1, averaged up until 18p, sold at 23p doubling my investment, left all my profit on the table..
That was a fail but we had 3 other sites in the plan, so price dropped to about 9p I think. Still a good profit..
They announced Tai-2 ""We are delighted to have started drilling activity at Tai-2, testing shallower -*targets*- that were not fully evaluated in Tai-1" . I had put most of my profit back in expecting them to test at least 2 targets..The 2nd had reported free gas.. So expected about 2 weeks of drilling and time to de-risk again, but its the same locations, must be there..., it was over in 1/2 that time... They stopped on the 1st untested target...
Were you in last year, it was just as positive as now..
@Troajan, its an eye opener, but your never quite sure...
@Daven66, if your able to replace the money your risking its no where near the risk of using money you can't...
@Daven66, just thought, getting in at your price and holding for 48p during phase 1 would have meant you keeping all your money on the table until after results, ..and you would be back where you are now if you did'nt panic and held.
But a massive winner if it came in....
So a better position than myself as I used the funds in another drill that turned out dry, should have held would be about x2 now...... :)
@Daven66
You may be starting at the wrong end by investing here. You should never invest all your money in one stock, or in one sector.
AIM is said to be a casino as some companies come on the market and then tank. For safer investment, you should start with boring old funds and unit trusts, then income stocks that pay dividends before investing in more speculative areas.
Mining and oil and gas stocks are the most speculative with exploration companies being the highest risk. That said, there is also the chance of greater rewards too.
One thing to note with these shares is that it is usually not a good idea to buy and hold for a few years. You should look at the cycle of the SP at different stages of development and incorporate that into your strategy.
The most important thing is to protect your principal investment. Don't be so set on reaching a certain price that you lose the chance of protecting your capital. You may make less profit by doing so, but that is alot easier to bear than losing money.
YouTube is quite a good resource for learning about investing and basics like price/earning ratios and earnings per share. Just be sure you act on your own research rather than the story of a company. Read a few years worth of the RNS' and a few years of accounts to make sure things are moving in the right direction.
Mining Cycles
https://www.visualcapitalist.com/visualizing-the-life-cycle-of-a-mineral-discovery/
https://www.youtube.com/watch?v=xDFAKWTVe8k
@dai I thi the real clever ones buy in cheap snd then jump out just before the results. Look at adv buy in sub 3 pence, 2 days before the rns dropped it was mid 5s so double your money with no risks. I won’t stick to results with this one. I transferring my pension pot to a sipp and will buy in here snd get out during the fomo faze snd if it’s goes tits up I’m out snd if it goes well then oh well I’m up 80 90 on the prices today. Sometimes being less greedy is better than gambling for a massive win. I e lost here snd adv so won’t gamble on these results again
@kevinRound, getting in early can get you in trouble too when nothing promised materializes, I was in SYME, lost some money there, luckily made it back(but that would have been profit if not for those loses), had to wait for opportunities elsewhere.. Well the last opportunity was SYME getting pumped, but if it turns good it will fly, but after more than a year of being ready to complete its first transaction(Inventory Monetisation) nothing,,, still people being sucked in..
Its going to be difficult to get out of this one before the results, the buzz will be bigger than that 95% CoS...
So much upside, way better than ADV..especially if multiple drills come in..
I have to buy first though, not sure if that sub 10p was the last, I was out at the time...
The other thing I just tend to buy and hold, in all occasions I would have done better doing a little trading, selling on the those peaks where you thinks wow.. Maybe a base amount to hold, and some funds to trade. Mind you I did that on ADV a little but holding mode kept switching in... But there were some good dips which were worth buying, missed opportunities, should have moved some cash.. I suppose its about changing your traits...
I dont play bandits but watch and sometimes chip in some cash for the pot, so not a gambler..
But I am, the guys would be shocked at the profits I have failed to take because I played til the end..Less than 30s to collect..
There is no one that can call it right all the time, not even the so called experts,its so easy to say buy low and sell before Bla bla bla, but one thing is for sure, where we are at the moment, there is defenatly more upside than the downside.
At the end of the day it comes down to personal choice.
Onwards and upwards.
Your right there, timing is much about luck, I have held for months, then a few days after selling the share rockets...
@dia2belts
The mining cycle chart you posted earlier is a good barometer of when to buy and sell a mining stock. Agree there is an element of luck in it as well.
I have not been lucky enough to need that chart, but do wonder if this will follow those curves especially with the speed this could move into production , and the news flow following discovery...
Assuming positive, discovery, appraisal result, independent reserve valuation for financing(maybe), financing, ...more drill in between...
latorell
the bods wont tell you this,but the developement stage,is bad news for the sp
due to capex expenditure and delays....which usually,overrun
to prove a point.
check the say 3 year charts on hum/shg/vast/rmm/tstr/orm/sgz/wres/wlfe....to name a few
tstr/orm/wlfe....actually went bust,to running out of cash.....theyre miners,but capex costs,are stll high,on oil n gas
i'me sure there's one out there,that's bucked the trend,but you'll be lucky to find one
unless you have a jv partner or farm out partner
that will foot the developent bill.....like all(lithium miner)
@troajan, interesting
the development will be modules built for purpose bolted together on site, brought in as units on the back of trucks.. not so bespoke...??
Does that compare to miners production projects?
and nightmare scenario wise....check out vast
and its not expected to reach full copper production...until 2023
Do you know I was reading up on a stock which is touting starting to build production facilities this year, they were saying similar 2 years back(but need to check that)...