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And here's me forever p!!sed I got in at 6.4p as opposed to the low of 5.8p at the time.
I'm still calling it though - I caught the knife! Doesn't happen often!
Let's go baby :)
Would £5.00 a share be realistic? Or too pessimistic/optimistic??
so pleased i got in..... in at 97p. Ideally should have got in at 85-89p. As didnt know about this share when it was 30s.... but so glad im in now for the next 10 years. Going to be a great investment and with healthy dividends and PGM price increasing second half of 2022 and then probably to 2030
Boomtime baby! Back over a squid.
Now seriously, who was that schmuck calling an explosive october and november?
Tiger, I'm in BIG, LONG, AND HARD.
I am fine, just a small top slice, there is nothing wrong with taking a profit!
you can take 2 approaches to slp, both mostly work but only 1 wins a super bowl
the kirk cousins "lets dump it off every time" approach, short gains, respectable, but no title
or the justin herbert "lets go long" approach, will win a title
nothing worse than being right about something and making little, when your right you need to really be right, meaning cashing in, because these opportunities are not everywhere
and if anyone has anymore, just let me know
bout time things started with a "1" very soon
Tiger, NO doubt.
I ain't here to make 50 squid :)
hmmmm, top slicing to say you have made money, not great, especially when slp is on a new uptrend for now but its your money
slp will also be fairly resilient to the major upcoming energy crisis which might last for a very long time.
although higher input costs and reduction in car use, still need that car, cant use less rhodium
I don't understand top slicing if you're an investor.
Unless you desperately need a Greggs cheese and onion.
well its the only share making me money so going enjoy some :)
top slice already? I'll do that at 150p:)
Loving this share ... a small top slice :)
Velo, thanks buddy. Interesting times!
October / November boomtime baby :)
apparently i was because "market makers" were quoting an inaccurate price and so was being protected from ovr-paying for the shares. But I saw the quoted price? Bit lost to be honest...?
But couldnt. Any body else any similar issues?
The price is definately looking good. Once we break out of a key resistance level of 105p, the next resistance level is 120p and then the bigger 150p level. I think that 200p is doable in 6 to 8 months. I wont be falling on my sword, unlike my fellow investors here:)
The is slow and steady share, plenty time still to get in. This share wont be moving daily by 20 percent plus moves, but over weeks instead. What you get is a quality, cash generative company, with tonnes of cash, and zero debt. In five years, assuming current low RHo prices, annual net profit is $80million a year. in five years, assuming price stays the same, thats $400 million in the bank plus the $126 already in the bank . That knowledge alone, means that shares bought today, carries very little risk of losing your money in five years givem the current market cap of £270m. just In case you were worried that PGM will totally collapes as some theorists belive that in 5 years PGM will be obsolete due to pure electric car domination. Thats unlikely though, and as RHo prices go back to previous highs, I see this multibagging from current prices.
DYOR, and good luck.
Hi Stoodio!
Currently in a motorway service station ready to rejoin and continue after nearly 1& 1/2 weeks oop North (due again end of Oct possibly) but clashes with me launching a new 20 stock portfolio for Nov 1st which is 95% formulated. So I'm busy, busy.
Was intending a small post on Wedensday as I'm back this evening.
Could read all posts in that time, but was unable to post - bar midnight times!
Have a personal target area for the SP that has not been achieved once (nor Rhodium in it's own sphere of events) since May - approx 5/6p away from here, for SLP.
But the true 'Run for Home' move, is taking back ownership of the 200, still rising at just approaching 111p.
Difficult to make progress below the 200 - whilst can't fail to make money once above a rising 200. So that's currently just under 111 for starters.
What's clear this past few days is this 'awakening is all of SLP's work with no help from Rhodium in that time. So nice to see the market appear to realise it's been too harsh with SLP despite Rhodium's summer pullback.
Ultimately 111 is my happy Checkpoint Charlie border to cross over.
But first test is another 5/6p away, (more on that tomorrow) before anything further is possible.
All looking very, very, interesting though :)
I'd be interested to hear from Velo when he's finished with his spring onions.
I believe your right stoodio… there seems a big demand for these shares … sp looking strong!
£1.28 as a base all day long here. At that price, we're cheap as chips.... imagine....
Lezzzzzz goooooooooo :)
This is just getting better and better ..... they say there is always a down side ... but with this I just dont see it... SLP you sweet little money machine!
Pall and Plat all up relatively significantly today too.