Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
It would need a 3% drop tomorrow to go below £14. If WTI goes below 60 tmrow, then it's possible
Looking tougher to hit 14 now, more likely 15. I’m good both ways
Yes, what a bounce indeed. I really thought I was going to get to buy at 1400. Well hopefully it retreats today to give me a chance to top up throw.
1400 looks possible, maybe tomorrow
If we get a major correction to say £14, I’m planning to top up another 1000 shares.
Though it’s unlikely to happen, you can never say.
Otherwise I’m happy with my present holding.
Boy am I happy I got back in.
Yes, Steve. But human nature is such that I wished I bought more. Smiley face.
The SP passed the post pandemic high today.
If it keeps up this momentum, I'm predicting it will hit £15 in March.
The SP just passed the previous post pandemic high today.
I'm predicting £15 by end of March, if the present momentum holds up.
Contrary to what Rach666 has to say, I actually enjoy reading Char333. He is pleasant and polite. Not offensive. Most of us here are novices and or amateurs. Maybe someday, Rach can be like Char too. Smiley face
Don’t sell if you are in for the long term. I did that mistake thinking I’d make a quick profit 3 months ago thinking I’ll make a quick profit ex dividend. It backfired . The vaccine news came out literally hours after I sold 2/3 of my shares in rdsb . It took me almost 3 mths to get back close to my earlier position. Albeit at higher average price even taking into account the profits I made before.
Unless there is a big market crash sometime soon. It’s only going up from here.
Yes, enjoy the ride and the dividends too. It goes ex dividend on Thurs, so I expect it to continue its strong performance until then and maybe a slight pullback on Thursday. Hopefully will rally again next week. As long as it stays above £13, I'm happy to wait it out.
Brent up to 62. WTI breached 60.
If RDSB doesn’t stay above 13 this week, something is really wrong.
When oil was lower it managed to hit 14.50.
Logically with current oil prices it should do so again. But this market seems to defy logic.
Looks like the market didn’t like what BvB said yesterday. So will it hit £12.50 again today? What a Yo-yo.
If it does I’m looking at adding 200 more shares to bring my total RDSB shares to 3000. Then using Boyobach’s formula, I may trade with 1/3 of my shares or a 1000 shares.
If it goes below £12. Unlikely as it may sound, if it happens I may just add 1000 more shares . Then trade with that 1000 shares, keeping the rest for appreciation and dividends.
Boyobach,
“ With £12.50 looking reasonably secure as a baseline and £14.50 the most recent top, RDS could well cycle by about £2 for an extended period, although this will hopefully develop into a steadily rising trend. This could give you trading opportunities using a portion (say 25%) of your holding for relatively modest risks and managed by setting appropriate limit orders. Trading the cycles would enable you to progressively lower the net cost per share of your holding”
Good idea. Can be applied across the board for other stocks too which has a trading range.
CSDI
Question is - can you find another share that has more upside potential than RDSB from its current level.
Answer: Big cap on FTSE, probably not
Prussel, I’m giving it 3 to 5 years to hit £20 again and betting than within that 3 to 5 years RDS gets a new CEO (Ben van Beurden was appointed in January 2014 and therefore should be on his way out soon) and that oil prices will hit USD100 in that time frame. After that it’s anyone’s guess how RDS will do, but this is what my wife’s Crystal ball says. Cheers