Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"I just need a good high between April and April to sell and transfer to my family ISA's"
that makes no sense at all
better to have an all time low to shove them in your ISA as you'll have more shares for your buck and more tax free profit when the SP eventually recovers PLUS IF you are selling them from outside of your ISA wrapper at a profitable high you will be liable for CGT
there's quite a bit of a ways to go yet before we see any upswing in oil consumption in a post vaccinated world but then again some of us are not in any rush for an immediate return on our longer term blue chip dividend paying investments.
steady as she goes cap'n :-)
whether it x billion this or y billion that, surely given all the uncertainties surrounding what the market will value PMO's existing shareholders 5-5.45% holding of the new enlarged (HE) company the appropriate thing to do (for most) would be to sit it out and wait for it to re-emerge on the 1st April and then decide IF the SP on the day has added value or not.
IMO this is like holding a share going into a make or break exploration well for a junior oiler on the red or black drilling results and the only ones who normally do that are the gamblers and rainbow chasers.
investing in the unknown ?
well it's not really an 'investment' is it :-)
"what's taking so long?"
firstly there's a pandemic on the go and secondly the Italian government have no money :-)
never mind, 2020 full year results are due in +/- 3 weeks so it will be interesting to read if the dynamic duo have managed to clip their outgoings in the absence of any (post Egypt sale) income.
I suspect Sam and Stu will be hoping for another lockdown or at least some indoor crowd number restrictions so they don't have to face the ire of an angry can kicking mob at this years AGM IF there is still no OM award announced by then.
anyway I'm sure there is nothing to worry about paul as nigoil is predicting 30p soooooooooooooooooon :-)
thanks Tony but unlike some I could mention I'm not here to win over new friends :-)
I just tell it as I see it and have done all my life and if some people don't like it then that is of course entirely their prerogative.
GL and fingers crossed you get your previous investment back and make a healthy profit to boot but don't you go expecting triple digits soon LOL
"If you have found a company that you think is massively undervalued, build a stake and then let the world know what is wrong with that"
EVERYTHING
unless you told the world how undervalued it was BEFORE you built your stake AND then you tell the world just how overvalued it is BEFORE you started your selling
of course it is entirely up to to individuals who they listen too but I prefer to sit back and let the Company do all the talking as the market will take care of good (or bad) news all by itself, however if your thing is to swing trade on retail sentiment then that's a completely different animal and needs quite a bit of silently executed trades matched with vociferous promotion.
personally I'd rather listen to 100 contrarian investors questioning some of the pie in the sky valuations being banded about on here of late than one or two of the regular blue sky jam tomorrow its all good promoters but maybe that's just me.
anyway I've been quite clear all along that I am here for FCF and potential dividend announcement and after that I will reassess and adjust my position (if necessary) based on what the company tells me and not what some random from across the pond or technical gob****e trader tells me on a blog.
T minus 12 and counting - tick tock
just for balance
it would appear top analysts and traders can't agree nor predict where POO will be at the end of the year never mind in lets say 5 years down Sam and Stu's well trodden, well kicked, battered and bruised FIRST OIL can road.
https://oilprice.com/Energy/Energy-General/Oil-Bulls-Beware-This-Optimism-Is-Unjustified.html
anyway its interesting to note how the once mighty forum leg ends have fallen on that last great frontier FI sword and are now having to resort to using spread bets to try and scratch out a living from chasing a halfpenny here and a halfpenny there on leveraged swings.
£20p
aka: nothing left :-)
Doctors
Dr Phil says:
https://www.youtube.com/watch?v=2acHb0yRhAQ&t=200s
"Jim Jones knowingly used identifiable methods of manipulation on followers"
OK its a slightly different cult subject but in investment circles the exact same mind control logic applies and over here in little old blighty where we call it 'confirmation bias'
anyway thanks for taking the time to drop in Dr Jim and go to all that time and effort over the past week and weekend to (as you like to put it) 'educate us Brits' on how to make money in the markets but some of us already know that game very well so I'm afraid for you its adieus as yet another one of our cult leaders gets filtered.
T minus 12 and counting - tick tock
yes Tony, beware of strangers bearing gifts indeed :-)
its getting like 2019 revisited ...
the abbot - 11 Sep 2019 - 08:10:01 - 11469 of 18483
my first purchase yesterday in this company at 30.5p so I feel pretty safe at these levels
JAdam
Posted in: I3E
Posts: 7,275
Price: 28.50
12 Sep 2019 13:40
RE: I bought in at 30.5
I rarely sell at a loss, I won't be doing that here as I understand the reasoning behind the fall, I'll sit tight thanks, this will be back up given time.
JAdam
Posted in: I3E
Price: 28.75
12 Sep 2019 13:31
I bought in at 30.5
Never thought I would get this so wrong, falling knife is certainly sharp with this one.
the abbot - 13 Sep 2019 - 17:02:10 - 3512 of 4209
think it's a stonking buy at the moment, have taken a couple of positions in it to maintain a 29.8p average. If that doesn't come good, I'll eat my hat.
JAdam
Posted in: I3E
Price: 26.75
17 Sep 2019 09:22
Just topped up, bounce will come and ending this with an average at 27.50 who wouldn't be buying. I see at least a 50% bounce from here in the next few weeks.
anyway our latest addition metal monkey (ceo ?) seems to forget there's one rather large elephant in the room now, namely: 'shares in circulation'
yeah yeah its a negative post so I don't expect many to like it (except Tony haha) but unlike some of the 'trust a trader' I could name, I ain't here for the popularity contest nor the follow me technical tick ups.
as I've said before and Tony has just reminded folks DYOR and just be careful who you listen too as not everything is as it is often 'portrayed' on the screen
PS.
no hats were (apparently) harmed in the making of this rather fascinating historical summation :-)
T minus 13 and counting - tick tock
ATB
a magnificent contribution of 214,129 shares towards our ongoing TOP UP 2 PROP UP global dominance campaign and all for the princely sum of err um two and a half grand
lets have a big shout out for our crazy cousins
me likey :-)
as a rather famous coach once said :
"hypocrisy is having the audacity to preach integrity from a den of corruption"
© Wes Fesler 1908-1989
I'm still here Tony :-)
its just I've never felt the need to spend all day everyday on blogs talking up my book like some that I could mention
anyway long story short, we are into the final month of Q1 now so I'm just quietly and patiently waiting in silence for that much promised FCF and dividend announcement and when that 'statement of fact' arrives it will be time for me to reassess my position and any price targets.
in between those times the rest is just rumours, hearsay and background noise that I generally tend to filter out.
GL with your investments.
funny how it gets to him when he continually reminds everyone you are on ignore :-)
as the wise old owl once said
if flaky told the truth flaky would never have to remember what flaky might have 'once upon a time' said
its simples innit :-)
"its £5k pp now"
err wasn't it already at £7.5k pp yesterday
23 Feb 2021 11:14 - current holding £2K pp @ 39.029p
23 Feb 2021 12:38 - added more @ 39.494p.....£2.5k pp
23 Feb 2021 15:11 - added more @ 39.099p.....£3k pp
in the land of make believe a wise man once said
if one forever tells the truth one never has to remember what one might have once said
its simples innit :-)