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.
Yes Bridge. When people realise how oversold this is ,they will be scrambling to get back in
Yes Frontier expecting a loss over the next 2 years and only got hit by 23%. Puts our 59% drop in perspective.
Friday looked like ii sells and pi buys so, now that Chair bought £200k be interested to see the TR1s that come out over the week (hopefully). going to have to wait on this one for the climb back so, if expecting a big ol' bounce, suspect folk will be disappointed.
one to sit on and wait... but it'll come.
Great sign, and would have been more impactful if not for Frontier Developments. There TU has created a bit of negative sentiment in the sector today.
All of these large trades going through at mid price, seems to be either MMs swapping shares or two parties made an agreement to switch a sizeable holding off book.
£2,on fundamentals alone , we should hit £2.50 this week.
No large sells going through. A few profit takers to clear and the push over £2.
This gem of a company has tripled both revenue and profit over the last 5 years. It sits on a measly PE of 10. Cash in the bank and a growing games repertoire . My target is £2.50 before Christmas.
That s good enough for me . I have added this to my portfolio. It is well over sold.
Not arguing with that!
Was expecting director buy, but not that size! Obviously they can see material growth in the company and the oversold position of the share!
Well happy with this. People will need to get in early imo
Yeah good to see, I bought a few on Friday as the drop seemed ridiculous.
GLA
Markets oversold it. This week should see it correcting back. GLA
Great vote of confidence. Clearly very undervalued at these prices on current fundamentals. I expect insiders are slightly shocked by the £200m wipe off in value due to a £11m write down, a few months project overruns and results slightly ahead of expectations.
I suspect this will rebound very quickly as a result of that
But if you look at the broker rating for Berenberg Bank,they recommended this a buy on Tuesday 21st Nov with a new target of £6.50 and it drops 42% on Fri 24th Nov. As timings go,that takes some beating.
I might find it funny if i wasn't already a holder and now well down.Wish i could average down but no spare funds at the moment.
Was NT to buy for me too, maybe sell order was executed for close of play
I got £2.70-£2.90 on equivalent projections pre drop..... think it'll eventually settle there
All IMO
I couldn’t get a quote to buy last 10 mins of trading on Friday, some large sells printed after hours. My view is this will open 190
And make its way up and over 200 in quick order
Thanks for reply Grippa. I hope it will bounce from here. Paul Scott (Stokopedia) felt after the RNS the stock would be in the 1.99-2.99 range so average 250p. On forecast earnings I think fair price around 230 and hopefully growth picks up next year. Let's see what next week brings . GLA.
OF COURSE I LOST LOL Who hasnt lost thats been in here for last few years.??? I may be wrong just my observations from watching other shares in similar situations. Good luck long term though!!
Did you lose money here Grippa when you sold recently? Worth a put at these levels . I bought at an average of 1.77
FWIW I would be very careful buying straight away, have watched a few similar scenarios and i would expect there to be more downward pressure over the next week especially if theres a large seller still offloading.
The drop does makes the shares look like very interesting to me