Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Its interesting that hardly anyone is showing an interest in this stock right now! I often take that as a BUY signal!!! A share that does not attract attention to itself! However, very quietly this share has moved up from 515p [ my buying price ] to 5.71p this week.......and I am confident it will see £6.00+ before results are announced. There are signs that major share holders are growing impatient with this company.....once again this could be a good sign going forward. This company will not be allowed to fail! Pheonix, I believe paid £6.75 for this share....so a return to that price at least, cannot be far away.
I'm not saying that the naysayers on this board do not play an important role in balancing the arguments. However, so far their advice has lost some , who listened to them, a lot of money! I got in just before Christmas at 45p and was very near to selling at 33p as the negativity was full on! Thank God I had the good sense not to be swayed by their opinions......a £6000 loss turned into a £10,000 gain as a result. If this share is so hopeless....why did it return to its present levels? I also have big questions about why it was that it relentlessly fell in value, when each day for two months, every other share seemed to be rising. Clearly there was some market manipulation going on!
Mai oh Mai.......this share seems to be totally ignored at the moment......no one is paying any attention to it all.........Except the Directors who have been buying........and then of course there is talk of a possible merger. I think this share is worth having a punt on.......a 33% possible gain is NOT to be sniffed at!!
Its interesting that hardly anyone is showing an interest in this stock right now! I often take that as a BUY signal!!! A share that does not attract attention to itself! However, very quietly this share has moved up from 515p [ my buying price ] to 5.71p this week.......and I am confident it will see £6.00+ before results are announced. There are signs that major share holders are growing impatient with this company.....once again this could be a good sign going forward. This company will not be allowed to fail! Pheonix, I believe paid £6.75 for this share....so a return to that price at least, cannot be far away.
"Gary’s investment approach at Phoenix is long-term, value-based and focused. He looks out for businesses run by competent, honest managers, who act in the interest of shareholders. Ideal companies have strong pricing power to generate an enduring high return on capital. Gary identifies great companies with good management, and waits for the opportunity to invest in them at attractive prices."
"Gary’s investment approach at Phoenix is long-term, value-based and focused. He looks out for businesses run by competent, honest managers, who act in the interest of shareholders. Ideal companies have strong pricing power to generate an enduring high return on capital. Gary identifies great companies with good management, and waits for the opportunity to invest in them at attractive prices."
I think that Chief Executive Clive Whiley, has delighted us with his presence long enough..........he has had his snout in the trough......and gorged himself with swill......now it is time for the abattoir!
A very interesting development! Pheonix are hard nosed professionals and should they get their way, they will ensure that this company is turned around big time! This company has a lot going for it! With hard nosed management, there is a bright future ahead.....and make no mistake.......Pheonix will settle for nothing less!!!
Full year results next week on Wednesday 17th........I think we will all have a nice surprise.!
This share has always been a boring slow mover.....but once it gets moving, its a solid reliable earner. Yes there are headwinds in this sector, but this share will turn around. I've bought in to today and think it is a sure bet medium to long term!
This share is a no brainer! It is a good company that has been in the doldrums for some years, but now the shares are about to explode big time! short term these shares will be 40p easy! And the long term future is looking really bright! There's still time to get on board.
I am delighted with my profit on 50,000 Card shares of £10,000. It has been quite a roller coaster ride since December 7th 2020 when I bought at 45p. I was also fortunate enough to make a nice profit on Dignity last year and a huge profit on a company called Huntsworth a few years back. I'm looking at Dignity again and also Carlco and Rockhopper, any thoughts about that?
I don't want to be a dampener on all this positivity! However, I have seen big purchases like this before and it has inspired me to jump in myself........as I did around the 7th December when someone bought a large number of shares. I paid 45p! Now I am more cynical.....could the large amount showing be someone who has bought an option for ten times more than they actually own? So they can short the market later on? I do wonder, as large purchases do not always presage an increase in the share price. I'm thinking that maybe professional investors have ways of manipulating the price as with the gold and silver markets and that there is more to the market than people just buying the shares outright.
Yes, I agree, it would indeed seem that this share is being deliberately held down. But by who and why? It grieves me to see the frequent adverts on ITV for Moonpig, obviously they are trying to rob Card of customers while they are at present at a disadvantage.
With regards to Kallumama's many questions, there could well have been some past mistakes made. However, what is more important, going forward, is that the company learns from it's mistakes and that the new Chief Executive takes action to make the company stronger and more efficient.
Thank you Kullumama, it is enlightening to be made aware of the worst possible scenario. But your arguments look mainly to the past, which is a rather unhelpful way to consider a share. Investors look to the future. The company will soon be under new management, and I am sure they will want to pull out all the stops to make this company successful. My main concern is a general one. When the eventually market plunge happens, all shares fall no matter how strong they are. The only real concern with this share is whether it can simply survive. If it can do that and stay in the race, its a fairly good bet. It is clearly out of favour just now......and may well fall further. But this is what investment is all about. No risk, no pain......to gain!
The price of a share does not always dictate the true value of the share.......sentiment has a more powerful effect. Hence the saying " let the trend be your friend". At present, value stocks are out of fashion. I watch with interest the daily fluctuations of Ceres Power and ITM.....these have been very popular over the last 12 months and if you are a day trader, buying the dips and selling at each rise, creaming off the profit after a rise, you will have done extremely well! But their P/E is now very high....and one day the music will stop on these shares. I've seen it all before during the DOT COM boom! Shares like Card Factory and other companies that make profits and pay good dividends will come back into fashion. I also believe that oils will come back.
Auson, you have gone a bit quiet. I hope you were not a shorter this past week.
Im not selling if the Directors are'nt!!!
A truly stunning profit of 100% in just one week! I've made enough to pay for my own funeral....at the expense of Dignity! Cheers!
IF is such a big word. If ONLY I had invested 50% of my cash mountain in these shares after the Directors had bought in......I missed a great opportunity! They do not come around that often. But one lesson has been learned...be be patient and watch director buying very carefully.
I think that I will keep these shares now.....and enjoy the dividends. Yes there are rough times ahead, but this is usually a steady , solid, if somewhat boring share. I think £30 is a very long way off.........but it is not unreasonable to see these return to £7........and maybe £15 medium term. Pheonix will need to see at least 100% return on their investment. An investment which am sure was extremely well researched.