Roundtable Discussion; The Future of Mineral Sands. 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.
Hey Ray, its screaming buy- loud and clear.
I always use the BT Doom and Gloom indicator to decide when to buy
City is always a good source. They made me rich.
Downtrend is strong and feeds through to the weekly and monthly sessions, we're looking at circa 11p before they break. Which is a huge return whether it gets to the promised land or not
Charts are very good at predicting the past… not so reliable on predicting the future. They can’t predict when a key RNS is going to land for example. Depends on your timeframe of course, most people who invested here are in because the business model is very compelling and the potential rewards are huge for those patient enough to ride the highs and lows. BT wants to make it all about the here and now because thats all he’s interested in to make a few quid. My timeline is a bit longer and my expected rewards are a lot larger. Each to their own of course but at least be honest about your intentions, nothing any of us say here is going to affect the share price.
Well, I am not a very good trader or TA person but I do note some of the patterns and recall the chatter on trend reversal here. if we close a strong green day today again we have a three soldiers pattern which is a strong bullish (I know - amazing insight) pattern that is often attributed to a reversal of downward trend.
AtB
NtD
8.5p was my prediction last week,
8.4p best price paid so far on a a scorching hourly RSI
City says copper slump will result in $15,000 price by 2025.
When Cobalt prices turn, and they will, Jubilee to the moon.
What an incredible company we have here.
Well, what a lovely couple of days with leon throwing Canesten all over Bushey. The last two updates have been incredibly solid, with the latter clearly adding significant value to proceedings and immediately. With the financial year nearly up, i am expecting a stronger second half performance compared to the first half. Windsor production will be a well appreciated addition, whilst i am hoping Inyoni will out perform the first half. Plus ofcourse it looks like 3,000 tonnes of copper too. There is a small amount of cobalt kicking about too! I wonder if the new chrome plant will have any impact on the figures yet? Really looking forward to next year, not only with Roan cooking all year, but the new chrome plant appearing like an oasis in the desert. Not to mention the Northern project or Eastern limb unfolding! Oh my, how times change!
Re: reversals. JBL had a powerful up trend from March of 2020 through May of 2021 with shares rising from 2 pence to 19 pence. (whole universe of stocks was in an uptrend at that time I might add). Since May of 2021 we have been in powerful downtrend from 19 pence to 5 pence. The downtrend is not broken at this point. (Just pull up the chart one click away on this site). If the shares hit 12 pence, retracing half of the down move, and are steadily rising with increasing volume, then it would be clear that a new up trend is underway. The trouble with reversals (whether downtrend to uptrend or the other way around) is that they can only be confidently called in the rear view mirror. If there was an accurate way to see them in advance then everyone would be rich. TA in general just says how strong a trend is and is helpful in that respect. A strong trend is likely to continue in the same direction. There is no good TA way to predict a reversal, and I have tried them all. But it is totally clear that if you buy heavily in front of a negative reversal or sell short ahead of a positive reversal - well it can be very costly.
One I have followed very closely is GE. Stephen Tusa the JPM analyst correctly identified GE as entering a long brutal downtrend and sold the shares for years, getting totally famous and making his clients huge money. BUT, he was still selling shares at the bottom and GE has a 97% RS for the last year and has been extremely profitable for longs after the reversal to a powerful up trend that happened in September 2022. It has been one of the biggest gainers this year. If you were the last people to take Tusa's sell advice, you lost big. He finally stopped following GE because they are morphing to a pure aerospace company from a conglomerate. But he never saw the reversal coming. (He is still famous though, for one of the better calls of the century).
Anyway GE was $48, spun off $20 a share of GEHC in January, and current prices 9 months later are GE $106 and GEHC about $30 per initial GE share. And GE is in a strong uptrend that will be sustained by next January spin off of Vernova with free shares of that going to GE holders and also an acceleration of GE price when it is shed. (gain by subtraction).
The strike price for the majority of warrants exercised in the months running upto christmas 2022 was 6.12 pence
That is a huge sell, there was 10 million warrants at 5p if so recall and probably the first opportunity they've had since Jan. Potentially another 7.5 million to work through, 50% profit is a huge incentive
We should hitting 10p by now …
Best among the rest in comparison..
Holding strong
GL
Seiz ' (presumably the recently taken up options and warrants) are being mopped up.'
2.5m sell @7.3 delayed
Maybe that's the last of them sold.
Onwards & upwards.
BB
Norther Shark
Same here
What a pleasure
Volume picking up Scotty, certainly not ruling out a reversal, very interesting from a techies point of view even if the hourly is now in divergence with the RSI.
Blowing past 8.5 might see me dip my toes
Up nearly 8% on the JSE
Interestingly there is some clown on the other board called Baldrick who is spouting the same unsubstantiated drivel as Bushyfailed here.Coincidence ?
Looks like there is appetite for buying again, the sells (presumably the recently taken up options and warrants) are being mopped up.
All I see is green boxes - can't see what unsubstantiated drivel he is spouting
Dorforno playing Brewster's millions by the sounds of it then
SeisNav
Just filter him .Believe me it is better for your health to ignore his STUPID remarks.I have
26p by December 2022 ha ha ha tell me another Happydays