Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Er.....which one?
Very well said...first decent post I've read in a long time.
Noggers - sure, if you make 4%-5% every time. But the thing is, you won't - not unless you're the greatest trader in history (cause their certainly isn't anyone out there who has ever been able to do that). Bottom line - returns are uncertain , but costs are not. Trading is a negative sum game and you have to be genuinely skillful to make money longer term. Regarding economy, China is already back to normal. We could be there in 3 months. We'll see. Again, all IMO.
MCRO is looking very strong this week , £5 soon.
Even so 1% against maybe a 5% rise you still make 4% profit times that by 4 or 5 times and you are looking at a nice tidy profit.
It is up to everybody's preferences myself i like to trade make profit and move on, sometimes you win sometimes you lose, but imo until the economy gets back to normal (which will be a long time) shares will be up and down.
Noggers and HM. Stamp duty 0.5%, spread 0.25% plus commission, so round trip cost over 1%. recent market been a traders dream, but it won't continue forever, and constantly paying up for trading will blunt long term returns IMO.
Quite right Hopeingmore, in fact the shares that i hold in these now has cost me nothing, that is how much i have made buying and selling them.
Cost of buying is only £3.99 and stamp duty not a massive barrier to stop you jumping in and out of a share and you could be a long term holder and trade a percentage of your holding which will bring your average down
It doesn't matter whether you are a brokers dream or not, so long as you are making a profit every time you sell then it doesn't matter, i have made a hell of a lot of profit on this share in the last 2 Months buying and selling, even with brokers fees, spread and the tax.
Then you're a brokers dream mate!! Keep paying the spread and commisions - I'm here for LT growth and dividends (eventually!).
No that is what i like with shares opulentia i am always buying and selling, still holding some here, but the trouble is i could buy say 10,000 of these (if i could get them all at once), but you might not be able to get them sold all in one go when they do gain say 20p.
I am one of these who might buy say £50,000 in a share in the morning and if they increase in the day or the next day i sell and bank the profit, i don't like holding shares for the long term.
Noggers
Prob best to hold on to your cash or look elsewhere , this may be a bit to choppy for you at the minute it can swing wildly on a daily basis one minute you can be in profit next it’s showing as a loss
GLA LTH I’m looking for a longer timescale return 6-12 months it should do well , imo
Morning folks, managed to sell a thousand of mine yesterday at end of play at 447, don't know whether to buy them back or wait to see if they go lower.
There will be many looking back in a year or so saying why the heck didn’t I load up at £4
GLA LTzh the Company is top of its game here the revenues will keep coming in
Personally I don't think it will get that high patt, I think they have to much debt at the moment.
As for the divi they knew they were not paying the divi last Month.
I would have bought more today but it has put me off after yesterday's debacle, its no good buying a load more and then when they increase you have a job to sell them. Apart from this share I am all in cash at the moment waiting for a downturn.
what the bloody hell has happened to this share, nearly all shares up and this down.