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ASHM seem to be making something of a strong rally having been in the doldrums since early Jan 21. Although it's too early to call this it's risen by nearly 19% since its low of 186 a few weeks ago with the 'up' days far outnumbering the 'down' days,which has rarely occurred over the past 20 months or so. The sp has also just broken through its 50 day exp ma., although when it previously did this a few times especially this time last year the sp sharply retreated within a few days.

Having recently produced worrying quarterly results, with a hint of further bad news to come it's difficult to see why the market has suddenly become enthusiastic about ASHM - or is this just a bear trap? Somehow I get the feeling it might be different this time. But you would have to be a brave person to risk a sizeable investment in this share at the moment.

Although the results are strong, Mears is one of those shares that the market loves to hate. The yield now is at record levels at well over 4%, although the div is far below the rate it used to pay some years ago. The share is now firmly in 'value investing' territory, but those type of companies have generally been out of favour for a long time. ULVR is another example of this. - decent results, but consistently weak sp.

So where to now? Personally, I think we could see Mears back below £2 before long, maybe 190p, but I'd probably start buying at that level, depending on how the UK market and interest rates in particular are doing generally.

Still no word on restoring the dividend, despite the fact that most companies who froze/cut their's during the pandemic have now restored them. And why parrot other companies and start a share buyback scheme. If your business and eps is recoverng well as they claim then it makes the exercise pointless as well as a waste of resources.

I see they still have no CEO yet. Have any directors been piling in to take advantage of the recent 'very cheap' sp?...Nope! I think there is another quiet story going on here.

Topped up also at 162p. Don't understand what's happening here, but know Strix has shown good resilience during the worst of covid. They haven't needed to cut or scrap their div, unlike many companies were forced to. Strix down nearly 11% as I post. Just weird!

NoelShempsky said: I was referring to the article in which he predicted not just PM stocks, but the whole stock markets going down - and the world did see huge falls in stock markets.

The DJIA has fallen about 13.3% since its high of 36722 on Jan 5th. Hardly a 'huge fall', more like a correction so far. You would have to go back to Sep 2007 - March 2009 when we did have a real global bear market crash during the banking crisis.

"Bob Moriarty was right - he predicted the huge drop we have seen."

I that so? You keep mentioning this, when in fact he said completely the opposite at the beginning of the month.
https://www.youtube.com/watch?v=UujRtdnKZoQ&t=24s

' am amazed so few posts here.'
Little to comment on, other than the fact they've been a lousy performer since Jan 2020, the sp having almost halved since then. Being a high-yielder is invariably a bad sign as well, since very of those ever perform well.

The current chart has all the indications of a bull pattern forming. The sp has finally broken through its 50 day exp moving average, which itself has just started to turn upwards. The last time this happened was in June 2020 when the market generally was undergoing a short-lived recovery (as did ULVR). Only this time the market isn't rallying to any extent. This shows the strength in ULVR shares sine April is unique. Also this time the 50 day ma is well below its 100 day ma showing plenty of scope for the sp to rise much further. If the 50 day ma pushes up through the 100 day ma that's known as a 'golden cross' and is usually a powerful buy signal, but there's a fair way for that go yet.

It would have to take something fairly disastrous for the sp to collapse all the way back to the 3300s again and for the medium term at lest that's unlikely to happen.

https://imgur.com/a/bnFIyED

" was attacked on here for posting Bob Moriarty's piece, but he has been proved right."
[url=https://www.youtube.com/watch?v=UujRtdnKZoQ]Silver willl go up in July[/url]

Oh, really?????

For those following PM charts, and the price of silver in particular, this does not augur too well for FRES. The price of silver ($/oz) has currently fallen to a 2 year low around $20.20. Silver has now decisively broken through its low of $20.85 set some a few weeks ago.

"My own personal view is that the buyback is still excellent value at these prices."

And how do buybacks help the sp. Go back 6 years virtually to the day, and BP's sp was trading in the low 400s. Buybacks are generally a complete waste of time and resources where the companies that indulge in them are usually the ones running to stand still, thinking it will impress gullible investors by hoping to improve the eps, which itself has been struggling to make progres over the years. ULVR is another classic example of this.

Decided to sell today at a small profit, and just glad to get my capital back, but had expected FRES would perform a whole lot better. The biggest issue FRES faces are the newish labour laws which restricts the hours miners can work in Mexico, and thus hamper FRES's PM production. We've already seen a profit warning about this, and on top of that there is the sluggish price of silver which seems to be going nowhere fast. Any further disappointing news from this company and I feel the shares are likely to tank. Of course silver could well improve substantially mid term, but that doesn't seem likely at the moment.

They've been 'overexposed' to China for years. So what's so different now?.

Just being realistic, K.

Likely there will be another profits warning and still no div after 2 years. GNC won't be able to blame it on covid this time They do seem to be heading in a downward spiral, and the 80% rise in wholesale wheat prices over the year and the inflationary damage that will cause to sandwich prices could eventually prove terminal. People on an economy drive will just stop buying sandwiches.

A tiny drop in the ocean - 45,000 shares compared to 153.4m shares already in issue. Not exactly anything to sweat buckets over.

"CEO carries the can! must resign asap and get confidence back in city..." Fat chance of that happening.

BARC have been involved in controversy most years to a greater or lesser extent. Most UK banks seem to have learned their lesson after the 2008 banking crisis and the PPI scandal, the latter costing BARC shareholders £9.7bn in fines and compensation alone. But the management still carry on running the bank negligently or get caught out for fraud (Libor -rigging scandal). If they haven't learnt anything by now from all of this, then I'm afraid they never will.

Glad I topped up a week ago. Some negative stuff being said about PAY but the last trading statement in January was upbeat. PAY managed to remain profitable during 2020, unlike lots of better known companies. Also the CEO bought heavily in Aug and Nov 2021 at prices well above 600p, so presumably he believes the company is sound.

"but we are still not negotiating properly with 'Mad Dog' Putin...."

You don't negotiate with a mad dog. You shoot the darn thing!

More than a 5 year low. It seems that something rotten is happening within the company, considering for a considerable time it''s been performing far worse than the FTSE 100, which itself has performed abysmally compared to most world indices. I'm sure it will plummet below 3000 soon, and I certainly wouldn't be buying any more until Jope owns up as to what the problem is.