Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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i think its a general worry that the market isn't as positive certainly into the new year and third wave of covid, exhaustion throughout and really economically how we might be heading for a fall?? theres a lot more crap to come out before we hit the good times. ive sold some at 95, some at 89, some at 83. gone more defensive overall based on next 6 month where i think we will have a challenging time.
Why is this down, just checked my portfolio
I’m hopeful and expect their digital platform to take over during these times and in general far more which leads to more customers, opportunities to lend to different areas,
Your right against that’s the balance between also having bad loans or an extended covid lockdown. They’ll be wary of loaning far more and next year a lockdown that prevents collections or economic collapse that leads to high unemployment than currently expected. A very tight line to navigate through for all businesses the next 12 months.
I've said it before, and I'll say it again - the current low levels of lending are a concern. Running down your loan book is a real problem.
Yes, Nov collections continuing 97%. Better than company or I had expected. Credit 61% increased by 1%. Although higher by 1% expected a little more guess being careful during peak winter months.
Polish gov debating extending covid19 temp interest cap already in place from March 21 further into 2021. Being debated in polish parliment over next few weeks.
Seems like a progress, positive update in both collections and credit.
Yes. Last week. They said this week Nov update. Followed by Dec update beginning of Jan. Then results in Feb.
Has anyone had any comms with IR in regards to whether they will issue another trading update this month?
Looking good in all counts, interesting to see £1 today.
How on earth is it possible to play shorts on such a semi-liquid market.
As I tried to explain the other day the broker let it slip that he could only take a long position as shorts were no longer available as there were no shares for them to borrow on this market.
Go on do it, £1 finish
At least no deal brexit is not an issue for IPF. On the contrary no deal likely would result in £ weakness thus nominally better results
Nearly
It’s going to rise well the next few weeks
Spoke to the broker as was looking to put a Spread Bet on this earlier today. It was locked out for most of the day and when we finally chatted he let it slip that he could only take a long position as shorts were no longer available as there were no shares for them to borrow on this market. Surprising as this usually happens when a correction is coming but there's no shorts or short tracker so couldn't understand why there was no shares for them to borrow. Not in for now and standing on the side lines to see if it retraces back to the trading pattern beginning. Seems like a lot of automatic trades are running the show here but perhaps this may change if material news is released.
Is there a scheduled date for November trading info?
certainly close now at 99.6p. i assume that £1 is seen as and is a level at which to break through and once done and holding above £1 after a close gives a positive signal going forward? i wrote below about an expected bull market through december into january which i think will take place unless a terrible, no deal brexit is announced.
into feb / march there will be a sell off and acknowledgement that economies have a long way to go in order to repair.
Looks like we might push through today hopefully.
Are we going to break 100p today
These next few weeks are traditionally quite bullish into jan and sell off in feb, we could break some sp levels here. Assume another trading update at some point but nothing seriously scheduled until new year,
Took £10k off the table just as brexit appears, around 35% gain so really happy and hold more. If we broke £1 and saw £2 I don't think that's overvalued for this business just legacy from covid. A lot of shares in some sectors still way off pre covid highs so I think good gap to fill as yet.
Seems 97 has resistance and assume £1.
I’m still not clear in a post covid lockdown but a higher unemployed, economic breakdown unfortunately does ipf do better? Less access to loans from banks ?
This is a big stock, big play for me and so far so good.