Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
".... Foinders netted £71.4m esch from IPO..."
Not much good if they are in prison for fraud.
Oh forgot.... They live in Canada and IPO in London.... They'll be scot free.
Why not float in Canada or New York.... Self explanatory really.
I'd like to see proof of booked orders becoming real orders, then proof of payment.
They won't show proof of payment until next accounts published...
Which will be when this whole sham will be exposed.
I'm still short at 257p and exiting at or below 120p
I sold all my Kainos today for +100% profit and considered topping up on Darktrace, however decided to see how things pan out for a while.
( I bought Volution group FAN. L instead at 515p)
Cheers
Barcap
Sold my Kainos shares for a massive profit to buy Volution.
Fundamentally looks well setup for coming years.
Air ventilation will become a must have for most businesses and they lead the way in technology.
Nice purchase of Cambridge based company and all the intellect that comes with it.
I'm a bit late to the party but a lot more in this one IMO.
Cheers
Barcap
120p for AWE will take time.
Enough time to relieve investors of their money as it declines over coming weeks.
I used to run a free website for trading on trending shares.... I stopped that a few years ago.
Biancatrends.com
Great times but she's retired now.
I've done a lot of research on technical analysis systems and 95% of indicators have ZERO value.
Vast amounts of backtesting on ProRealtime has proved this to me.
The one indicator that has some merit is trend following. Simple but true.
Using the 1 day moving average buy when the price crosses from below to above the rising 20 day moving average.
Simple again but the best one I've found after a lot of research.
Keep it simple
Barcap
I should declare I am SHORT at 257p as posted on this board about a month ago in real time.
It's hard taking all the cr4p from most people on here over this period but I am up about 30% while they are down 30% since then.
However people are talking up their long positions or jam tomorrow scenarios, or averaging down systems I have madee a lot of money by sticking to my guns.
I'm not trying to be an arse but trading is about facts not dreams.
Dream on you long boys and girls, one day you'll wake up in the real hard world of trading.
Barcap
What I would say about these possible fictitious orders..... If it turns out to be true then the directors will be in trouble.
Institutions won't touch it.
So even though 120p is my target the fallout could push it a lot lower.
My 120p valuation is based on my view of existing, new and possible future orders.
I also believe their companies that have given them huge "bookings" will not materialise and was engineered to highten the IPO price.
When you have relatives and friends on these companies' boards it is quite easy to engineer.
New York stock exchange would not tolerate this so the Canadian company came to London Stock Exchange for the IPO.... Their standards are far lower than New York.
Mark my words, this company has issues.
120p in coming weeks
Why is a falling price always put down to shorting on this board?
The fact is investors are gradually unwinding their long positions.... And yes SOME of it is shorting also but mainly long unwinding.
Average down at your peril.
120p target
Barcap