Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Let's hope this continues. Good to see it's going in the right direction for Christmas. Good luck with your investments.
Yep upwards is good enough
Im not greedy. Just upwards will do me !!
Nice to see it move up north for Christmas. Good luck fellow investors, upwards and onwards.
Yes. I think that could be behind the (most welcome) move up.
Long may it continue! GLA.
It could well be the noises that house prices are holding up quite well and considering that mortgage rates have probably peaked and the existence of mortgage wars. Seems to be dependent upon what you read. One (I think it was Right Move) was expecting a bit of a spike in sales after Christmas.
Can't see any specific reason, house builders have been rising last month, maybe just trying to catch up
Has anyone got any ideas for the price rise today?
Looking good.
Bit of a spike. Summat afoot?
Thank you LWHL, much appreciated. Catch up soon. Have a good weekend all.
IMO only if it coincides with a positive period in the wider markets.
A smooth launch will have been priced in already, so the market will not 'reward' them for delivering on this.
Obviously any delays, or any difficulties, however minor, will likely be punished.
But I am confident that this will not be an issue here. The management have my full faith. Fingers crossed now I have said that of course! Good weekend all.
Thankyou for your advice. Like yourself, I'm keeping a little money by to add to average down from £145, which at the time though was a good entry point. In your opinion, do you think when the new atlas factory is up and running we may see a push north? Thank you in advance.
Most kind - and probably too generous!
I have made a lot of investment mistakes. All you can try and do is keep learning and try to win more than you lose.
I think that would be a good approach to take Gingy. As I said the other day, ideally keep some cash in reserve, should the chance arise to buy some more lower again.
Which IMO is likely, if we see a market sell off at some point.
That is assuming nothing company-specific arises in the meantime of course, that you yourself remain confident in the company, and as long as you do not invest more than you can afford to risk.
Same for any asset class in life really.
I will post if I buy more myself in future - but naturally not to be taken as advice or a recommendation etc. Take care mate.
Thanks so much for your reply LWHL. You sound like a seasoned investor. I think I need to chill and kick back a bit. Happy to hold stock here. Let's hope for good things next year. Good luck with your investments. All the best.
I should have added, it is up about 10% since I first posted a reply to you, Gingy.
And in that time, it went a fair bit higher than now, before the retrace. So who knows?
It has dipped below the 50 DMA today, but probably needs a couple of days below that level to signify anything.
Rightly or wrongly, I tend to ignore the short term movements in this one. GLA.
IMO this is not a high beta trading stock. More of a buy, hold and forget stock. Add on weakness etc. Not to suggest it is a risk-free investment - nothing is, especially when it comes to the stock market.
But, again only IMO, it is one that (subject to the obvious caveats) will weather the storm, survive recessions and liquidity events etc and come out the other side.
While I am not adding here at the time of print, I am fairly relaxed at the same time with the small allocation I do currently have.
But you sound like you are under some time pressures to get a quick return here, in which case, probably not the best stock to hold such expectations of.
In a market like this....just be careful and try and keep some dry powder, would be my advice.
Thanks for your reply NalaKapala1. Good to hear some positive feedback. All the best. Good luck with your investments.
Certainly frustrating. Hopefully upwards but its going to take some positive, forward movement of construction which may be next year if a bit of confidence returns to the housing market. Some promising noises coming out re the mortgage supply. IBST are in a good position to take advantage. Its easy to understand why there is no enthusiasm at the moment for the short term but if you are confident in the medium term -as I am- then this is a good price. Indeed I bought a few more this week
We're is this going so frustrated with it.
Https://www.constructionenquirer.com/2023/11/24/housing-slump-hits-brickies/
Thank you for your reply sparhawk. That sounds good, hopefully that will lift the share price dramatically. Good look with all your investments, all the best.
Hi Gingy, from their latest RNS
We continue to expect our new Atlas factory to commission from the end of 2023, and to bring to market the UK's first certified carbon-neutral brick in 2024.
Do any of you fine folks know when the new atlas factory is up and running? Thanks in advance.
Good evening sneedway. Nice to see a push north. Got in at 145, looking to add more. All the best.