Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I am really pleased to read Iceman's post. More than just giving an view Iceman provided details of the indicators used so anyone can go and check themselves. Much kudos to Iceman for putting thier neck out like that.
Just a couple of things, I don't recognise Friday's candle stick as a dragonfly doji and it is important to recongosise that it is the candlestick pattern following a dragonfly doji that informs the subsequent trend.
That said Iceman has put forward an excellent analysis and I will be watching VAL with much interest on Monday. I don't really have the funds till payday now to buy more VAL and there is a genuine risk I might miss out. Here's hopping to a good Monday, (I still have half my stake in VAL after all) and if its good I will be attempting to scrap together funds to top up next week if I can. Gla.
I brought into dge before covid, I was looking for a good performer which paid a good div. I have the funds to top up and dge is at a more attractive price (from when I brought in) but although the sp has been recovering the announcement of hospitality focused lock downs are making me think twice. Does anyone have a perspective on this isssue? Is it likely that new restrictions will cause a dip?
Well like I said earlier Baxsterssoup we haven't fallen through 20p this week and if we stay above that level next week I will be calling bottom and will be putting aside funds for a top up.
Without any details of what indicators Majorboy used I find thier prediction unconvincing.
Majorboy I can understand that a chart might indicate a downward trend, but predictions of turnaround, how have you concluded that? The sp is currently below the 20 day MA and above the 50 day MA. If the sp continued below the 50 day MA then I might agree it will go furher down, but just don't understand what indicators you are using to make your prediction of an eventual upturn?
Definately the expression of the day!
I hope you are right though the % movements swings on a daily basis have been alittle alarming but let's face it we are not falling through 20p and if we don't fall through it next week I will be calling bottom.
I would say this is a good opportunity to top up. I will certainly be thinking seriously about topping up after pay day.
I might not get the same price between now and 1/11/20 and I might not be lucky enough to get in at the bottom, but I am genuinely optimistic about future sp levels
Nelson, very interesting thanks. I was attracted to banks as they were safe and had a bit of volitility. I have traded tranches of Lloy and leveraged profits, its just been a case that the unexpected has happened on occasion and I have been holding when I should have sold. I think I am a little deflated as every other company I look at has had a v shaped recovery, but bank shares have not. Looking at Lloy and I wonder if they will ever get back to 60p? With the dividend cut they are even less attractive. Technically they could be a good buy as the dividend yeild when divs resumed will be brilliant on shares brought now, but who knows? I think in the next few months I will add to my gsk, Hl., dge pots depending on performance and get the divs from them. Think I will keep something back for Val as well as we get nearer to the next update.
I put some money into gsk 1 hour before they announced thier financial results and took an immediate hit . I am currently 25% down. Poor bankfool, always getting in with the wrong crowd lol
Hi Grace, up late, or are you trying to rival my early starts?! I think the rapid jumping in and out of AIM stocks is a result of many holders not really being investors. A proper investor sees the potential and understands what the company does to make long term investment choices and get higher long term gains, the trader on the other hand is only looking to turn a profit and get out before they get burnt. AIM attracts traders like fly paper. I have been looking at my performance over the years the amount of money pumped into NWG and LLOY, 60% down on NWG and the dividend cut. perhaps I am just no good at investing or trading. Its 6:45 and I ready feel depressed lol
Hi Lucky, it was a good question to ask, but I wouldn't hold my breath waiting for a JV to be announced.
If valirx have been in talks for 5 years it seems unlikely that suzy will land a deal anytime soon. It was rather gracious of suzy to take responsibility though. If talks have been ongoing for 5 years the work done so far in getting a JV very much falls under the old regime.
The other thing is that it might be possible to land a deal on partial results, the fact that valirx hasn't achieved that in 5 years makes much more likely that chances of success will only be meaningfully increased upon publication of the full results.
Fingers crossed that valirx can agree a JV, but I am inclined to think that we are entering into a quitier period and we should just sit back and wait, consider our positions and top up in line with those positions whilst we wait for the next bit of meaningful news.
I brought in to boo today. I had some profits to leverage from a sell elsewhere. I thought sub 350 would be good, got in at 342 thinking I had done well! But as a wise man once said, the value of your investment can down down as well as down!
Hopefully things will start moving back up tomorrow :)
In a word no. It would be perfectly legit to publish a report under the circumstances.
I took a kicking on quindell when Gotham City research published a report.
The issue got to court, Gotham City research didn't turn up to defend accusations and quindell won by default. (things went really wrong from there. Quindell is now Watchstone Group)
Decent day I think. Didn't like the spread at the start of the day, but it's tighten right up, the shares are more liquid and we finished nicely up. Volume small, but that is expected in between updates. Fingers crossed for more of the same tomorrow.
Morning all, glad to see things are calming down on here.
I am considering what I I will do with the profits I took the other week. If BOO drops below 350 I might reinvest there for a less risky investment, but that said I don't think we can be far off bottom here. Yesterday was bit of a surprise, but if a support level can be established I could really benefit by averaging down on my remaining holding here. I will be keeping a eye on things this week. Gla.
Just looked in here before popping out to the shops and I now see posts about fathom inanancos.
I disagree with the earlier post, perhaps the better option is to block and not attempt to take down someone you disagree with.
I am quite annoyed that the frustration directed at inanaco has resulted in claims of multiple lse accounts and people so wound up they are seeing inanancos everywhere. If it causes so much grief it's better to block and stave people like inanaco of the attention they crave.
I don't think anyone losses anything by blocking anyone else. If any of us genuinely needed to read the posts of anyone on here to inform investment choices I would say they were out of their depth and invested in the wrong share.
I am looking forward to a relaxing Sunday where I can read some intesting posts without going over the top if people disagree with each other.
Eyeguy, I think the truth is more mundane. He is just a show off who feels validated by parading tech talk.
Self worth comes from within, if you look to others to give you validation you will never find peace with yourself.