Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
WSG: Looks a bit more appetising if I superimpose the PRT angled support and resistance lines... http://rt0.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=ry0cyaysvvt3fsz8khdaccaot&type=png&purpose=share_google
WSG: I know a few trades were taken off the table today but I am going to leave it to the T line. They are supposed to have something to crow about at the end of this month with a contract on the cards. WSG are past masters at failed deadlines which is why it is curious and curiousier that the CEO has subjected himself to another. Confidence is not high amongst PI's that have had to bring their own food (and wallets) to many a picnic but he knows the SP would seriously tank if he did not deliver. Which has also happened continually for 2 years. Boy! I really am selling this !! Probably just easier to watch with a cup of tea and a ginger snap http://rt0.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=nxo8tmcyct8giaq5vt8m25k0a&type=png&purpose=share_google
LEK, BT. So after moving down and then up again it is now exactly where it was @ C.O.B. yesterday. Looking at the lowest point on that descending wedge trend line, BT should open lower or open and go down to about 403.3'ish and that should be the lowest it will go in July. That is the theory anyway. Last month it went careering off down the hill to finish @ 360p. I already have 2 SB's at 465'ish but small. If it turns at 403p I will put anothe one on but I think I will wait for a strong sell on the 1hr chart. With a T line. However, as is the lag properties of the T line it is only now starting to form a T line on the daily chart and the price is already 15% up from its bottom
LEK, BT monthly chart. I had explained this previously. As BT is so hard to trade on a daily basis, one can see where it plans to finish a month and where it dip to during the next months trading. Once in the of course one uses daily and smaller time frame charts.
LEK, interesting to see that BT has once again closed the month on that same descending trend line. However, this may mean that is comes down from its close at 411 today to 402 which it would need to do in order to hit that same trend line for the month of July. http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=gwc1w9fgtcpxoh12fpuxzn9b7&type=png&purpose=share_google
AVO. a 4p trade was thrown into this mix today. With limited knowledge I always feel as though these are done for a reason (actually there is a 4p and a 5p trade right next to each other and both for the exact same amount of shares, 1814. Both really out with all trades around them. This could be either to hit a point on a chart to put a floor in a share or maybe as a marker for where it might want to go. I really have no idea but I am interested in ideas from those who like the crayons and a conspiracy theory as well. http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=rjv9ylv7kfk1hyzcugkrb97cj&type=png&purpose=share_google
Lek, BT: looking at a condensed daily chart, the SP has stayed within this wider band since October 2013. Even if this share is so difficult to trade on a daily basis in and out, it does present itself to small spreadbets over the longer time frame. http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=rjv9ylv7kfk1hyzcugkrb97cj&type=png&purpose=share_google
BT.a V glad that I did not see this yesterday afternoon otherwise I may hv put a spread bet on @ C.O.B. Interesting that they dropped it hard from the get go to get past the support trend line. One must assume that this drop will continue for a while?
LEK, no, not brave enough for forex at present. BT.A - Unless it changes a pattern of the last 8 months, the SP has finished on a support line but more importantly an angled descending trend line that it has only veered over once in Nov 2015. Strange they have got to this point just before the referendum but lets see: http://rt0.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=o0lk46ho6vchp77ol83k5yllw&type=png&purpose=share_google
CZA, I know nothing of this company but chart looks as though it could get to that 6.55 line without too much effort: http://rt0.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=hpfj1wvwuethqvl9lwjtucacj&type=png&purpose=share_google Anyone here know about the company fundi's? potential for placing etc.?
MARL: T line formed: http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=ofzcpipddjuy4c0pgkoqkecj8&type=png&purpose=share_google
OMI: T line formed: http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=a45m9bioxkyobs0zr265u1p9f&type=png&purpose=share_google Looks even better on a weekly chart: http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=17bff4l9i981ku3hu2m0o37q2&type=png&purpose=share_google
275 NFL - noted. However, it is on one of those dreaded SB's! so I cant afford for it to dip too much. However, if it continues as it has done for the last 11 days long the same trend line, its lowest should be 275.8: http://rt1.e.prorealtime.com/ProRealTimeNew/display_chartimage.phtml?name=xz3597ugx0nujy3uwzjw273e1&type=png&purpose=share_google Let's hope anyway. If it opens way up in order to gradually come down over the course of the day I will cash in early door. However on a SB it has to rise 3p to get back in the black
NFL - PRT used via IG is free but data is not as complete as with PRT.com and therefore candles are not detailed. PRT is free but only for end of day charts. PRT.com is about E40 per month for the whole package but they also do a deal where if you have £5k in their account, its free but there are conditions i.e. hv to always hv over £2.5K in the account.