Our latest episode of the Investing Matters Podcast, featuring Janet Mui, award-winning investment industry commentator, has just been released. Listen here.
.....will take profits.....on the hope of re-entering cheaper....or even dearer if they see momentum from that point.....I've done it...but not here today......but they will always be hovering....and will help drive the price forward....in the overall scheme of things. If you can see a profit of only a few £100.....but see more chance of a retrace...even just an hourly thing....the traders will sell....but rebuy at a moments notice....I may trade tomorrow.....may not?
Embrace the diversity! Y
Holders with belief will always make more money in the long term.....I try to be both....always in conflict...LOL.
GLA
Yep Teddy-KGB2 "massive" and will contribute to "massive inflation"....I think we need to be here.....to SURVIVE..by hedging inflation....the profits will be real....but in real terms if we e.g. get 750p one day it might only have the same buying/spending power as say 150p has today....I think we will be ok+ here....and lucky to have this wealth saver!.
Lithium companies on fire today after that inflation reduction (anything but..lol) was passed...good for us resource cos.
Piedmont Lithium Inc. (PLL)
NasdaqCM - NasdaqCM Real Time Price. Currency in USD
50.72+3.58 (+7.60%)
As of 10:26AM EDT. Last Price Change % Change
LAC
Lithium Americas Corp. 28.46 +1.09 +3.98%
LTHM
Livent Corporation 26.13 +1.47 +5.96%
ALB
Albemarle Corporation 249.38 +11.39 +4.79%
SQM
Sociedad Química y Minera de Chile S.A. 97.00 +4.21 +4.54%
BLNK
Blink Charging Co. 23.99 +0.96 +4.17%
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Symbol Last Price Change % Change
LAC
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katstrangler.....Some selling because a lot can happen in 90 days (macro picture?).....a bird in the hand etc./many taking good profits...but many intend to return between now and 90days....so the SP will appreciate...1. when the profit taking clears...and 2. when they return in a few weeks or so ....3. when the 1.8p get's paid.....4. when we buy a new asset...
....The small risk of SP deflation meanwhile would only occur on a "macro" picture change.....perhaps stockmarket collapse...or all out War with Russia/ China and maybe some other Shangai Co-op Members...who knows
but I see 95% success otherwise....so all to play for!
Good Morning all.....This is how I saw it on Saturday....and reposting today to the wider audience....FYI..
"Each to their own but with the £29m and perhaps £4m already in the bank.....£33m in cash gives us a NAV of £33m...which is equivalent to 2.37p per share....which is 190% of where we are today
If we pay out the £25m ....(1.8p per share)......we will be left with a NAV of £8m or therabouts.....which is worth nearly 0.6p per share.......A new project with a plan could easily put our market cap back to £15m or more!....which is another 1p + per share on top of the 1.8p per share
...which is more than the .68p we were in July etc. and we'll have had the 1.8p.....in our pockets besides (in itself is 44% uplift from now)
so it looks like we can easily double+ our money from new purchases of AMC today or close the gap by averaging down!
There is no sensible alternative than to accept the deal....we can only look at where we are today...and forgive past mistakes/intentions/guidance.....this acceptance will make us money from where we are now.......DOUBLE+...what you have NOW!"
There is 30% risk of a no vote....as 70% + will not vote or abstain.......a lot of previous no voters....are now wishing to perserve some capital...and will vote yes....and a lot of new "value seekers" have entered the scene or "re-entered" like me for instance.....and we will obviously vote yes. Most voters are sensible and understand that there is no alternative!
The "hard line" no voters.....who remain principled/ emotive (entitled to do so obviously), regardless, will be few!
Our only risk is Vladislav Sviblov not proceeding or Russia's administration not sanctioning the transaction.....and there is a near zero possiblility on this.....I have "dealt with" Vladislav Sviblov before on disposal of another share deal (TSG.LSE)...and he is an honourable gentleman.....who get's what he wants from Russia's Administration...!
This could work out to be an "exciting" New start for us all...! and profitable for us all...from where we are today.....There is no alternative to raise our SP other than this deal!
GLA
Please don't get me banned like they did 2 years ago on the GGP board....all I said was that I saw 10p as fair value for GGP...and I sort of proved it....of course I got ridiculed when I came out with this around 34p...on the way back from 38p....but at 18p ish that was it......I was zapped by consent...talking 'bout 10p
I'm still holding a bit here but only 5% of what I used to have.....and I expect to buy back in properly around 12p.....I don't want to talk the 10p...look where that got me last time! lol.
Just think the "bigboys" normally win....and I'm not betting against the "Fed Narrative" for now...for the same reason...I would expect to see 40p + here again in 2 years...if not bought out..by then.
so holding would not be the worst thing to do IMO........just as I see it! GLA
and to add to that....if this offer was made in any other jurisdiction...other than Russia.....our sp would be at 2.2p
I strongly expect it to be honoured so with the SP @ 1.28? to buy Monday.......wot a gift? Make your on mind up.....no guarantees in this life...just death of body!
Gla
The purchaser Vladislav Sviblov esq. (who has already bought me out of Trans Siberian Gold( LSE.TSG)
for very little premium....will be looked after by the Russian Regime....what he asks for he will get.....and I've no reason to doubt...his honesty/integrity.. and fulfilling promises to us!
Lowbands.....The next one eh?
I would add....that if I had my whole life over again.......I would.....never go near any share nor investment nor any gamble.....and instead would have bought physical PMS and property.....or even a hotel!
And would never have reluctantly put any asset in joint names......to have it stolen from me legally but not lawfully...and not morally.....but I'm here in shares now.....as my only salvation to fix all that....for retirement income......and have a very balanced portfolio with cash, shares, PMs, collectibles, two properties,boats and a new wife.....I chose my path.....good luck to us all!
Lowbands you say "The other thinks say no and take a punt on a better offer coming in."
Indeed I understand and perhaps there is indeed another offer coming for you.....but you have to action it...and you also husato......you too!
Take the 1.8p....the sell the 0.6p....or wait to see the new asset and sell at say 1p? (if you don't like it.)......buy whatever new share in whatever company you wish.....it could do really well for you......Two of mine ALL + PXC I hope for x10 Multibaggers and I've been in some that have mulibagged by x hundreds......these opportunities are out there...DYOR.
Alternatively say no....and if the vote overall is no....then we lose the lot and have nothing left for a newstart if so desired that could lead to prosperity......I have lost 100% on many companies....and done so well on others...I have watched my porfolio of 30 shares....lose 90% between 2012 and 2017...losing 100s of thousands.....and I'm like the phoenix and rising back.... about half way now! You got to keep on fighting....or it's just a sad story to tell for the rest of your lives....over half a pint or a tinny....GLA
Wonder what sort of jobs were "created" or "manipulated" .......I see evidence of a massive hiring slowdown or worse......which is what you would expect when businesses are talking major slowdown/too high inventories/supply chain persisting problems/property market slowdown/inflation of all we need.....sounds pretty much to recession to me!
sometimes I think believing the exact opposite to what we are being told...is nearer the truth...but I recognise it is foolish to take "contrarian" positions against the FED/Gov narrative...for now!
Cheers Guys...I am not able to repost it Mon 8am....but if any of you see value in it being reposted during trading on Monday....feel free...! I will be setting some buy limit orders to top up!
GLA
Each to their own but with the £29m and perhaps £4m already in the bank.....£33m in cash gives us a NAV of £33m...which is equivalent to 2.37p per share....which is 190% of where we are today
If we pay out the £25m ....(1.8p per share)......we will be left with a NAV of £8m or therabouts.....which is worth nearly o.6p per share.......A new project with a plan could easily put our market cap back to £15m or more!....which is 1p + per share
...which is more than the .68p we were in July etc. and we'll have had the 1.8p.....in our pockets besides (44% uplift from now)
so it looks like we can easily double+ our money from new purchases of AMC today or close the gap by averaging down!
There is no sensible alternative than to accept the deal....we can only look at where we are today...and forgive past mistakes/intentions/guidance.....this acceptance will make us money from where we are now.......DOUBLE+...what you have NOW!
GLA
computer posted this b4 I was finished ...but in retrospect nothing much more to add...really ...we just got to clean the plate/take the deal/ make money...and move on ....average down to take advantage or recover some underwater flotation to limit losses...whatever.....I've had some total losses with no opportunity to do anything about it.....here you have been given a lifeline.....but you have to buy and outlay morre cash....some will not....I understand that...but I hope you do! GLA
Personally I wish we had gone with the $105m deal...and when we didn't I sold up....and rebought same stock today..... bit higher price...on gamble numero2....may win...may lose...that's the way it goes....but if the deal goes through....I double my money....and so does anyone buying in now
The truth is beardozer....they don't want you to have private car ownership...indeed you will be co-erced to rent more than cars from them......they know there is not enough resources on this planet to go so so electric.....but dead battery cells can be replaced on those that own the 8year+ epanda etc. The manufacturer will warranty up to maybe 7years 150k miles perhaps! There are the 5% or so who will afford the cars....the other 95% will rent or purchase under a "pool arrangement" The Copper will still be needed and remain in short supply but not critically short supply. IMO.GLA!